Things to Know About EDUCare Cryptocurrency
The developers of EDUCare have created this platform to develop cryptocurrency ETZ that can be run on decentralized
platforms as well as underperforming Blockchain enterprises to bring an infrastructure of the technologies of
chain/distributed Ledger in the long run.
Vision behind EDUCare cryptocurrency
They have created ETK, cryptocurrency of EDUCare with a vision to become the world best public chain to fulfil the
expectations of the developers, stakeholders, enthusiast and users without disappointing them. With this vision,
in the latter half of 2017 they have inaugurated EDUCare to promote the approach to manage the infrastructure
and solve the basic problems of the technology systems of legacy ledger.
How to buy EDUCare cryptocurrency?
The coins of cryptocurrency of EDUCare, ETK, can be traded at present in two crypto exchanges where it is listed
, but these exchanges are not very popular as cryptocurrencies and other assets are not traded there in large
volume in daily routine. Still you can buy ETK if you have Bitcoin as on these exchanges only this currency pair
can be traded.
So, to by ETK you will have to first buy Bitcoin and transfer it to your exchange to exchange it with ETK or any
other cryptocurrency listed with them.
In order to store your ETK tokens you must have a digital wallet compatible with Ethereum ERC20 as this token
is also based on ERC20.
How safe is to invest in ETK?
Before investing in ETK, the cryptocurrency of EDUCare, you should keep in mind that Blockchain industry is facing
a number of problems regarding their legacy systems which can affect the relevance, portability and uses
of this cryptocurrency.
However, you can invest in ETK as the material existence of the vision of this China based project has been supported
by a number of like-minded developers and investors.
Moreover, this platform is supposed to be a platform with multiple chains which can be supported across several
matching blocks within the ecosystem of this platform using the general consensus mechanism DPOS.
Thud your utility tokens cannot be spoiled by any other platform as they can be used through exchanges
dealing in cryptocurrencies only.
This enables the users of this cryptocurrency to use various types of multifunctional assets.
Furthermore, Paxos and DPOS consensus mechanisms used in project can help in eliminating the obstruction created
by the low TPS in other technologies.
It has also been suggested by them that the effect of overload can be reversed automatically with an increase
in its PS number and high number of this Blockchain token users.
Moreover, the developers can also use decentralized tools to build smart contracts and other apps on EDUCare platform.
The new language AWM used to build smart contracts can help in making it easier to understand and implement the
concept to make it suitable for business models.
The relativity of the project with the community can be another factor that can also ensure the relevance of investing
in EDUCare cryptocurrency. Though at present, ETK is an undervalued cryptocurrency due to very low number of its users
but it can gain popularity if it has been adopted by the masses.
So, before investing in ETK, cryptocurrency of EDUCare, you should consider all the points discussed above.
Written By : YOUSSEF J A ALMEER
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