Classic & Cash — How we are using ETC and BCH to decentralize Scandinavia
https://medium.com/scandinavian-cryptocurrency-exchange/classic-cash-how-we-are-using-etc-and-bch-to-decentralize-scandinavia-97d01914e62d“We are the Scandinavian Cryptocurrency Exchange, and we believe in the core principles of decentralization, unchangeable code and a proof-of-work socioeconomic democracy for Scandinavia.“Bitcoin Cash — The go-to crypocurrency for micro and large paymentsWith an ever increasing flow of new users getting into virtual tokens and cryptocurrencies, the Bitcoin core blockchain has shown itself lately to be more of an investment vehicle then a payment solution. It’s expensive and slow to transact with and in some cases has become quite centralized regarding its development.
Bitcoin Cash still follows the principles of what Bitcoin should be, namely decentralization +instantaneously and cheap transactions. We at SCCEX therefore see BCH as being the optimal cryptocurrency for payments, something we intend to support fully.
We thrive from cryptocurrencies being adopted in Scandinavia, and we have decided that when our exchange platform releases in March of 2018 we will offer completely free exchanges of BCH between 20+ cryptocurrencies and 5 fiat currencies. Bitcoin (BTC) will have a small exchange fee (0.05% per trade), this is because we currently see BTC as more of an investment than payment solution.
Ethereum Classic — The platform for the future of Scandinavia’s IoTThe Scandinavian Blockchain Consortium develops all their software on the ETC platform and intend to make it an integral part of Scandinavia‘s’ future ‘Internet of Things’ implementations.
The SCBC develops what the users of Aether determines it should create, but with that said there are some set proposals for voters to choose from in the beginning, these include creating a transparent supply chain software, managing digital private and public bonds and securing transaction / ID data in a user-friendly environment.
With these software implementations users will have to own Aethers to use the software, while at the same time supporting the network and ETC miners by using the Classic blockchain for all operations. We intend to create an entire infrastructure of Dapp’s on the ETC blockchain made with Scandinavia in focus.
ConcludingThe SCCEX and SCBC will help Scandinavians understand Bitcoin Cash and Ethereum Classic and we will offer native support for both cryptocurrencies. With the BCH and ETC investment trust users will also be able to invest in the currencies in a secure and cheap way, giving users two different faucets to use depending upon if they are investors or everyday users.
In conjunction with offering free exchanges of the currencies we intend to increase the adaption and usefulness of ETC as an Scandinavian IoT backbone and BCH as the go-to payment solution through workshops, expo’s and user-friendly Dapp’s.
We are the Scandinavian Cryptocurrency Exchange, and we believe in the core principles of decentralization, unchangeable code and a proof-of-work socioeconomic democracy for Scandinavia. Help us realize this dream by participating in our ICO coming early 2018, thanks for reading.
