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What is CapriCoin?

What is CapriCoin?

introduction

The CapriCoin is a crypto currency that is to be used in particular in the context of direct transactions. Here, based cryptocurrency on a trusting technology, which by mining ensures and authentication that no user group has a greater impact than any single individual within the network. By Bitcoin was in 2009 block chain introduced, so that the public could be used for verification of transactions.

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CapriCoin – how it works

In addition to the high level of security and transparency afforded by a blockchain, the costs associated with a lack of manual processing are much lower than with conventional banks. Furthermore, the Capri-Token was designed to guarantee a particularly easy handling during use. In addition to the high speed, the token can deal with large transactions, which generally suffer from a longer processing time in the payment transactions of other tokens. By mining All transactions are treated identically so that no time distinction is made. In addition, the maximum number of tokens has been limited so that infinite inflation can not be used. The maximum number of tokens is 201 million tokens. Furthermore, the developers of the CapriCoin see in particular the use in the context of the entrepreneurial payment traffic as particularly meaningful, since enterprises can transfer money faster into emerging countries, without that the Token is thereby subject to price fluctuations.

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According to the developers, the long-term success is ensured by easy handling. For this purpose, an easy availability, use and configuration of the wallet is to be made possible, so that the acceptance of the market increases. Furthermore, the developers rely on a sophisticated marketing strategy, which is to permanently expand the user base. The use of the token should also provide advantages over traditional point-of-sale systems and international payment systems, which above all increase personal profit. These advantages should especially benefit companies and the token will be accepted by them as a valid means of payment.

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To use the token you need a compatible wallet . In this, the values ​​can be stored locally or mobile, so that the user makes the decision on personal safety. In addition, transactions are initiated directly from the wallet , allowing direct control of the current balance. In addition to simply sending and receiving tokens, it is also possible to pay for products and services.

What is the current market capitalization of CapriCoin?

The Capri token has been trading on the financial markets since 23 July 2015. The price was on the first trading day at $ 0.04875. The Initial Coin Offering was subsequently traded on October 14, 2015 at a token price of $ 0.127689, resulting in a market capitalization of $ 18,378. Subsequently, the token was positive, ending in a record high of $ 804,084. Subsequently, the value of the token dropped again, but the currency has been in an unbroken upward movement since May 2017, so the token is currently quoted at a market capitalization of $ 1.15 million. The price per token also records a record of $ 0.5769. In addition, only 1.99 million tokens are currently in circulation. This equals one percent of the total token amount. Daily trading has a volume of approximately $ 440,000.

For More  Digital Coins Information  here

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