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What is Mercury (MER)?

May 10, 2018 By admin_coin

What is Mercury Crypto Currency?
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

Unfortunately we don’t have this data available.

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

Filed Under: Mercury Tagged With: Altcoin, Crypto, Currency, MER, What is?

Other questions related to this cryptocurrency:

  • Is Mercury (MER) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Mercury (MER)?
  • All available information on the Mercury (MER) ICO
  • How can I contact the Mercury (cryptocurrency) team?
  • Who is leading Mercury (MER) crypto?
  • Where to find Historical trading info and past performance on Mercury (crypto)?
  • Where can I find fundamental analysis of Mercury (MER)?
  • How to buy Mercury (MER) cryptocurrency?
  • What is Mercury (MER)?

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