BitBay BAY to Quasarcoin QAC Exchange

Crypto Pair Details: BAY to QAC

BitBay BAY

BitBay is a free, decentralized marketplace for buying and selling goods and services on the blockchain. You can connect directly with peers and transact without the need for a middleman like Amazon, eBay, or Craigslist. Transactions are secure and anonymous. They’re also guaranteed by escrow. The project aims to be the new standard for eCommerce, allowing individuals to trade one-to-one at scale. As a result, BitBay claims it will revolutionize global trade. It’s seemingly a great solution for other niche applications as well, where groups of people aren’t served by existing marketplaces. In the beginning, BitBay got off to a rocky start. In 2014, the original founders raised capital in bad faith and quickly abandoned the project after fundraising, leaving the lead developer holding the bag. It seemed like BitBay was finished, but the developer continued working on the project out of a sense of duty to the original investors, without access to the capital raised in the fundraising round. The BAY token is the transactional token in the marketplace. You use it to buy and sell, and it can also participate in freezes, escrow, bets, swaps, etc. The token itself operates like Bitcoin and is secured by the network. Although you can use BAY for transactions, you don’t have to. You do, however, have to use BAY if you’d like to take part in token staking. BAY’s price cratered after the original founders left and stayed low until March 2017 when it took off. It has been through several cycles of bull and bear runs, with a max price over 30 cents in January 2018 before retreating to its current value. BitBay supports all kinds of privacy and security measures. It’s easy to create a multisignature wallet for added security. There are integrations for Tor and other proxies that help anonymize your connection to the marketplace. An on-screen keyboard allows for password or key entry without using your keyboard and being susceptible to keylogging. Additionally, you can create images with your private key embedded, so that finding a stored key is more difficult for a hacker. The marketplace also has functionality for time locking contracts and swapping currencies. This enables all kinds of cross-chain transactions and financial implements. The time lock and other smart contract elements make it possible to create bets, escrow, futures and options trades, or any number of other financial transactions. The idea and implementation by BitBay, of a decentralized marketplace and trading platform is brilliant and shows further promise of expansion.The rocky beginning of the cryptocurrency and its subsequent comeback as a promising platform indicate that the developers are in it for the long haul and don’t plan on abandoning the platform after all these years.

Quasarcoin QAC

Quasar Coin 'Fair travel' is also referred to as 'good travel' as a concept derived from fair trade, in which producers and consumers form a comparable relationship. It has been promoted in European and other English-speaking countries since the 2000s to reflect the environmental pollution, destruction of civilization and waste caused by the trips, and to give a little help to the residents of difficult countries. We want to build a platform in which travelers, hotels, restaurants and stores around the world can mutually satisfy each other through fair trade. Technically, we have built up an advanced reputation system based on a block chain, a simple payment system in the form of a credit card, various APIs, an instant transaction system to minimize the variability of cryptocurrency, In business, it provides discounts through discounted quasar cards and eliminates anxiety factors by using proven companies, and provides companies with promotional effects and sales increase within the Quasar platform. Quasar Coin has adopted the bit coin platform, which has been proven to be safe as the first cryptocurrency, and applied Light Coin to reduce block time for quick settlement in daily transactions. In addition, for smooth block mining, it solves the difficulty-bomb problem which intentionally raises difficulty to make it difficult to mine. Since the development of the quasar coin has already been completed, the project team has focused on the development of the related infrastructure system in order to activate the transaction of the cryptocurrency. Quasar Card Quasar cards are the easiest payment method for users who are familiar with using credit cards when paying by quasar coin, and can be paid by various methods such as QR code, IC chip and NFC according to the status of the receiving terminal of the company. By combining the unique hash codes given by the system when issuing the card based on the public key, illegal settlement is prevented so that it can only be used with the public key Smart Wallet In general, mobile wallet offers three basic functions, sending coins, receiving coins and transaction records. Quasar's Smart Wallet can provide search for businesses, view reputation, write reviews, reserve / pay when needed as an advanced for of smart wallet. Business In general, mobile wallet offers three basic functions, sending coins, receiving coins and transaction records. Quasar's Smart Wallet can provide search for businesses, view reputation, write reviews, reserve / pay when needed as an advanced for of smart wallet.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform