BANKEX BKX to VeriCoin VRC Exchange

Crypto Pair Details: BKX to VRC

BANKEX BKX

'BANKEX is a fintech company that utilizes blockchain technology to create the infrastructure for the decentralization of the world’s capital markets. BANKEX offers a model wherein possession of its tokens gives users perpetual free access to its services. This is a lot like a subscription to web services, except that payment is only made once, instead of on a regular basis. Ownership of BKX tokens provides free secure cryptocurrency storage with BANKEX Custody Service, pays for escrow commissions and buys arbitration votes in Digital Deal, and will have an important role to play in the BANKEX Security Token ecosystem.'

VeriCoin VRC

VeriCoin (VRC) is a Proof of Stake-Time cryptocurrency. It was previously a Proof-of-Stake cryptocurrency with Proof of Work used to mine coins in the early stage. VeriCoin began work on PoST after the MintPal VRC hack and the subsequent roll back. More information on Proof of Stake-Time can be obtained by reading the whitepaper here. There is no Pre-mine or IPO for VeriCoin. The minimum stake time is at least 8 hours. The one highlight feature of VeriCoin is VeriFund. VeriFund is the answer to ensure stability and growth of VeriCoin. It is used to counter the inflationary effect of the proof of stake. When the supply increases, VeriFund will purchase liquid supply of VeriCoin to ensure growth and stability of the coin's value. More info about VeriFund can be found at http://vericoin.info/verifund.html Another key feature of VeriCoin is VeriSMS. VeriSMS is an SMS wallet system that gives your phone capability to access the VeriCoin network. Some of the available commands include 'Balance', 'setpassword', and 'SEND'. More information about VeriSMS can be found at http://vericoin.info/text.html

SOURCE: COINGECKO

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