Introduction About EunCoin - EunCoin Faqs
What is Euncoin?
Euncoin is a new revolution in decentralized digital
currency. The coin is based on Litecoin with certain modifications, but
generally it’s the same thing. It’s still a decentralized cryptocurrency.
Still, there’ll be a certain mining component to it in order to be able to keep
the ledger going.
The name of the coin “Eun” is originated from
Sino-Korean 恩 (eun) meaning “kindness, mercy, charity” or 銀 (eun)
meaning “silver, money”, as well as other hanja characters which are pronounced
in the same way. It usually occurs in combination with another character,
though it is sometimes used as a stand-alone name.
At the heart of the Euncoin concept is the desire to help
people achieve their dreams by allowing them to pursue their passion in this
brave new world without worrying about their financial needs. Euncoins can be
used for any purpose just like any other cryptocurrency. Donors and content
creators alike can use the coins to purchase goods or avail of services as soon
as they receive them, or trade it in cryptocurrency exchange sites such as
HitBTC.
What is an Euncoin
Wallet?
Euncoin wallet is a software program which is securely
stored in your computer, tablet, phone, laptop or in any other devices where
you have downloaded it. This wallet is primarily used for your transactions.
Whenever you donate a certain amount of money to participating Internet Content
Creators, you get coins which you can further donate or trade for any goods or
with other cryptocurrency sites. These coins are stored in your Euncoin wallet.
To send and receive money and completing transactions in Euncoin network, the
Euncoin wallet is used.
Who is Involved in
Euncoin?
Donors, Youtubers, Internet Content Creators, persons who
want to share skills to earn coins, creators’ partners (specially friends or
creator’s known persons who inspired and helped them to complete the Euncoin
system) are involved in Euncoin as they all collectively have the control over
all the coins.
What is the
Blockchain?
A blockchain is a digitized, decentralized, public ledger of
all cryptocurrency transactions. It allows the market participants to keep
track of digital currency transactions without central recordkeeping. It solves
the double spending problem without the need of a trusted authority or central
server.
Why was Euncoin
Created?
EunCoin is created to allow people to benefit from
cryptocurrency while they pursue their passion and cultivate their creativity.
Euncoin will allow creators to give something back to their donors for their
contributions in the form of tradeable digital tokens, which can be used as a
currency. This will entice the viewers to donate more in exchange for coins.
The more money that donors spend on funding content creators, the more coins
they receive. In turn, the content creators get to increase their revenues directly
and give them more time and money to do what they enjoy doing. An additional
unique purpose behind Euncoin is to promote the use and sharing of information
and creation of Internet content, which is now an integral part of our daily
life.
Website: https://euncoin.com/
Facebook: https://www.facebook.com/geteuncoin/
Twitter: https://twitter.com/OfficialEunCoin
Plus Google: https://plus.google.com/102636103264551759594
Instagram: https://www.instagram.com/officialeuncoin/
Pinterest: https://www.pinterest.ph/euncoin/
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