What is Mercury Crypto Currency?A brief description of Mercury.
Mercury is a Waves-powered provenance token. It enables collaborative cross-chain communication and timestamping from the Jupiter blockchain to Waves and Waves to Jupiter. The reason why was chosen for a token on the Waves blockchain, is that the Waves blockchain allows transaction fees to be paid in assets itself.
Mercury Video
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The purpose of Mercury
secure and encrypted cross-chain communication, flexibility for paying lower cost transaction fees, robust api system for developers to use and access
Mercury Abstract
Mercury is a Waves-powered provenance token. It enables collaborative cross-chain communication and timestamping from the Jupiter blockchain to Waves and Waves to Jupiter. The reason why was chosen for a token on the Waves blockchain, is that the Waves blockchain allows transaction fees to be paid in assets itself.
The first use case of Mercury is automatically timestamping every Jupiter block hash to the Waves blockchain. By copying block hashes of the private blockchain to the public one, there is a undeniable public proof that nobody tampered with the data of the private blockchain.
As more and more Waves nodes are accepting Mercury, we now have a fully functional token in the Waves ecosystem and this opens the door for all kind of new possibilities.
More information can be found in the Mercury whitepaper https://darcr.us/wp-content/uploads/2017/09/Darcrus-Use-Cases.pdf
Other Mercury facts
- Trading symbol: MER
- Governance: Semi-centralized
- Open source: Yes
- Product status: Fully working product
- Consensus method: Proof of work
- Emmission rate: No new tokens created
- Transactions per second: n/a
- Total Supply: N/A
- Release date: n/a
Usefull Mercury links
- Mercury’s Website
- Mercury pricing data & fundamental Mercury information
- Mercury’s Website
- Mercury official blog
- Mercury’s Bitcointalk Forum
- Mercury’s block explorer
- Mercury’s Alexa site stats
- Mercury’s official forum: n/a
- Mercury’s Github code repository:
https://github.com/SigwoTechnologies - Mercury’s roadmap:
n/a - Mercury’s team page: https://www.darcr.us/team/
- Mercury’s whitepaper: https://darcr.us/wp-content/uploads/2017/09/Darcrus-Use-Cases.pdf