Blog
12 november 2018
ERC. money are able to bridge businesses with crypto owners
2090 cryptocurrencies are listed on Coinmarketcap as of writing. According to the Cambridge
study conducted with Visa last sprint, 2.9 to 5.8 million active cryptocurrency wallet holders.
Steve Wozniak is co-founding a crypto-asset investment firm.
Alibaba and IBM have the most blockchain patents in the world.
Binance made more in profit in Q2 2018 than Deutsche Bank. Even Katy
Perry painted her nails in Monero and Light coin to come at you like a Dark Horse.
Cryptocurrencies is the safest form of a digital currency powered by an immutable, distributed,
open-source technology — Blockchain. But then why haven’t the Global Financial system switched
to crypto yet? At least the e-commerce? The answer is that it takes time for innovation to go
through the adaptation period, and it takes innovation.
Business owners need to be ready to accept. But they don’t want to learn about all the latest forks and airdrops to process transactions. That’s why they choose Visa today. Because despite the fact that every transaction cost them from 3–5%, they work auto-magically. Crypto payments are safe but an average Bitcoin transaction speed can take up to 8 minutes. Some Ethereum transactions may take hours if the sender didn’t provide a lucrative amount of gas to miners. Transaction commissions keep growing and mining pools that entered the game at the early stages control the future of communities. Yes, cryptos are innovative but unless they solve the real world problems they will continue to be the currency of computer enthusiasts on Bitcoin Talk, drug-dealers, and traders.
ECR.money comes to help real business owners embrace the future of financial communications. It was launched on January 1, 2018 to change rules of the game in the world of encrypted digital payments.
“We are entrepreneurs, too. We understand the Status Quo but we
need a less painful system for secure international transactions. Why launch another pointless
ICO or TGE, when we can just take the real businesses and help them? Why they should pay
monstrous fees for fast and secure transactions if the technology is here and ready to use?
This whole token offering gold rush seems over-exaggerated to me.” — Dmitry Vasadin, Founder.
ECR team has created a network with a 100 transactions per second bandwidth. They plan to grow the speed responding to community growth. Each transaction is free. Each is protected with a Skrypt encryption protocol. ECR.nodes could be launched on computers with just 1Ghz of processing speed and 2Gb of RAM memory. Node owners only have to sign the transactions to secure the trust in the network’s distribution. Which means that the network can scale fast. That many ECR coins were pre-mined. No more coins will ever be emitted So there is no competition for block rewards. ECR.money propose to business owners a practical tool to transact on a daily basis and open their doors to an audience of millions active crypto users.
You can create your first ECR crypto wallet at www.ecr.money. Learn more about how to set up your ECR wallet in this guide or check out ECR Whitepaper.
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Business owners need to be ready to accept. But they don’t want to learn about all the latest forks and airdrops to process transactions. That’s why they choose Visa today. Because despite the fact that every transaction cost them from 3–5%, they work auto-magically. Crypto payments are safe but an average Bitcoin transaction speed can take up to 8 minutes. Some Ethereum transactions may take hours if the sender didn’t provide a lucrative amount of gas to miners. Transaction commissions keep growing and mining pools that entered the game at the early stages control the future of communities. Yes, cryptos are innovative but unless they solve the real world problems they will continue to be the currency of computer enthusiasts on Bitcoin Talk, drug-dealers, and traders.
ECR.money comes to help real business owners embrace the future of financial communications. It was launched on January 1, 2018 to change rules of the game in the world of encrypted digital payments.
“We are entrepreneurs, too. We understand the Status Quo but we
need a less painful system for secure international transactions. Why launch another pointless
ICO or TGE, when we can just take the real businesses and help them? Why they should pay
monstrous fees for fast and secure transactions if the technology is here and ready to use?
This whole token offering gold rush seems over-exaggerated to me.” — Dmitry Vasadin, Founder.
ECR team has created a network with a 100 transactions per second bandwidth. They plan to grow the speed responding to community growth. Each transaction is free. Each is protected with a Skrypt encryption protocol. ECR.nodes could be launched on computers with just 1Ghz of processing speed and 2Gb of RAM memory. Node owners only have to sign the transactions to secure the trust in the network’s distribution. Which means that the network can scale fast. That many ECR coins were pre-mined. No more coins will ever be emitted So there is no competition for block rewards. ECR.money propose to business owners a practical tool to transact on a daily basis and open their doors to an audience of millions active crypto users.
You can create your first ECR crypto wallet at www.ecr.money. Learn more about how to set up your ECR wallet in this guide or check out ECR Whitepaper.
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Avoiding the Problem of Creeping Centralization
John McAfee cogently sums up the philosophical position that catalyzed the blockchain revolution in the beginning: “We are at war. With Banks.
With Governments. With the entire, corrupt system of power. If you deny this, you have been asleep. The questions are: Will you stand up?
And if so, with whom?”
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How to Set Up the ECR.money Node
The following guide offers a quick step-by-step overview of the ECR.money node setup process
for Ubuntu, the free and open-source operating system. This is recommended reading for those
interested in setting up their own ECR.money node but who are unsure of where to start
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