Bitcoin Forum
November 10, 2024, 10:24:37 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to Fight Volatility in Cryptocurrency  (Read 670 times)
BIT-Sharon (OP)
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
October 20, 2014, 08:58:40 AM
 #1

"Some of these methods require a little trust. Using smart contracts on blockchain 2.0 platforms, developers can now build cryptocurrencies backed by items of “real” value. The trusted third party promises to redeem cryptocoins for those items at an ongoing fixed rate; assets like .bit domain names would be simple to do this with, while backing with things like commodities, real estate or other property requires interaction with third parties like the traditional legal system."
http://bitcoinmagazine.com/17039/fight-volatility-cryptocurrency/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!