Ormeus Coin is an ERC-20 token9 which is built upon the Ethereum10 blockchain. This specific classification of token has a fairly standardized protocol best practices which can be reviewed at length in the o cial ERC-20 token standard guidelines.
Ormeus Coin is fully secured with the same standards as are employed by the Ethereum blockchain. The primary principles behind Ethereum security leverage the technology of public key cryptography to carry out all manner of functions. This form of cryptography is implemented in numerous ways to accomplish the desired functions of the smart contract.
In 2008, the paper: “Bitcoin: A Peer-to-Peer Electronic Cash System” penned by the pseudonymous Satoshi Nakamoto appeared online. By now, all know of Nakamoto’s historic achievement: he married the mathematical science of cryptography with the digital world to create what we now
know as blockchain technology. Over the last few years the world has started to grasp the full scope of Nakamoto’s genius as the applications of Bitcoin’s blockchain technology filter from the fringes into the mainstream. Indeed, blockchain has gone from an interesting but obscure concept to the
premiere financial technology du jour explored by the likes of Dell, Microsoft, Google, Goldman-Sachs & J.P. Morgan2 and other major financial and investment companies for its ability to facilitate secure, encrypted, decentralized and anonymous transactions directly (without intermediaries) between parties . Since the advent of that first white paper exploring the realms of digital cash and the blockchain and its application to the creation of digital currency, numerous coins and tokens have been created. To date, none have surpassed the popularity of the first, Bitcoin. Bitcoin (BTC) is considered the “gold standard” of cryptocurrency3. The first BTC transaction from Nakamoto to Hal Finney occurred on January 9, 2009. Since then, approximately 240,000,000 BTC transactions have taken place around the world. BTC can be used for purchases ranging from a new Dell computer to a box of groceries from Whole Foods Market or saved in a virtual wallet until the owner is ready to sell, exchange it for another currency, or buy something new. Bitcoin has become its own currency in a new world that sees no bank, no government, as the ultimate authority and arbiter of its currency. In this brave new Bitcoin world, people ARE their own bank; each of us has the potential to become our own source of security.
Ormeus Coin is the name of a new cryptocurrency assembled a team of cryptocurrency experts,
programmers, and developers.
Ormeus Coin brings the “gold-standard” of Bitcoin together with the programmable smart contracts of
Ethereum in order to create a coin that has never been seen before in the history of cryptocurrency. A
cryptocurrency that is backed by Bitcoin mining and is designed to outpace the growth of Bitcoin.
Coinmarketcap Link :
https://coinmarketcap.com/currencies/ormeus-coin/Enrol today Enrollment link:
https://Pro001.ormeusbackoffice.com/enrollment/
