UBER Says ECO Coin Announces a Crypto MoneysteemCreated with Sketch.

in #bitcoin7 years ago (edited)

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Garrett Camp, the founding partner of UBER, who revolutionized taxiing and transportation all over the world, announced that they will launch a brand new crypt money called "ECO coin." Crypto-Money's Goal UBER's easy and fast-to-reach revolution is also realized in crypto paroles.
With UBER Garret Camp, who was also the founder of EXPA fund, announced at his own initiative that a new crypto currency would start. This new crypto currency called ECO coin can be used as a payment tool on a worldwide basis. Uber Taxi Payments in the Middle Vault can also be easily realized thanks to Eco Coin.
Eco Coin will work with a limited supply system, ie the number of coins that can be produced; this number is set at 1 Trillion. The first 1% to invest in this 1 trillion eco-coin competition will be awarded to the universities that provide technical support to the project, 10% to the strategic partners of the project and 10% to the Eco Foundation, which is set up to support and develop the project.
The project launched by Uber CEO will be quite different from the usual crypto parallels. Verified accounts can only be used to approve a process on the Eco coin network. So anonymity will not be a feature in this crypto paradise, it will know who made all the payments and transfers. Even if you remove the anonymity from the center, the original goal of the project is not anonymity but privacy. In the case of any dispute or theft, you will be able to seek rights in the courts thanks to the secured accounts.
Also, because the system structure is designed to not allow 51% attack or other theft and fraud attempts, Eco Coin will be a relatively safer cryptographic currency. If the system must be in a central structure to prevent the 51% attack, it stands out as the biggest sacrifice of Eco ecosystem. Crypto paran's account holders will have the easiest-to-use interface ever made, and even people who see the Internet as Google can easily create a wallet and transfer ECO coins here. The project also aims to save money on incredible electricity consumption due to crypto money mining by developing different methods.