Reserve Rights RSR to Aeon AEON Exchange

Crypto Pair Details: RSR to AEON

Reserve Rights RSR

Reserve aims to build a stable, decentralized, asset-backed cryptocurrency and a digital payment system that scales supply with demand and maintains 100% or more collateral backing. Ultimately, Reserve’s goal is to create a universal store of value – particularly in regions with unreliable banking infrastructure and regions where hyperinflation is an issue. The Reserve system will interact with three kinds of tokens: (1) The Reserve token (RSV), which is a stable cryptocurrency that can be held and spent the way we use normal fiat money; (2) The Reserve Rights token (RSR), a protocol token used to facilitate the stability of RSV. (3) A growing variety of tokenized real-world assets (such as other stablecoins) that are held by the Reserve smart contract to back RSV.

Aeon AEON

Aeon is a mobile-friendly, lightweight privacy coin. Similar to the way that Litecoin is a lighter supplement to Bitcoin, you can look at Aeon as Monero’s little brother. The Monero community is wholly focused on privacy and anonymity for the end-user. This focus has its perks but has caused the coin to fall behind from a usability standpoint. Aeon builds upon Monero’s CryptoNote hash while adding some lightweight functionality of its own. Aeon is the lighter, faster version of Monero. Although both projects share the same underlying privacy protocol, CryptoNote, Aeon is striving to be more accessible. The project is doing so by implementing a lightweight mining algorithm, smaller blockchain, and optional anonymity. As Monero grows, Aeon could very well grow with it. While you would use Monero for transactions in which you want to assure privacy, you may find Aeon to be a suitable substitute for day-to-day exchanges in which guaranteed anonymity isn’t as important.

SOURCE: COINGECKO

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