Post
Topic
Board Announcements (Altcoins)
Re: [ANN][IPX] ImpulsX Trade Cryptocurrencies with ImpulsX Global Order Book
by
alif190895
on 30/03/2020, 12:11:28 UTC


why did you choose this particular blockchain ?
does this have any technical advantages ?
where can I read more about this ?


This is primarily one of the main advantages:

The EurekaNetwork blockchain is actually built using both Ethereum and Bitcoin technology (parts of both blockchains). Therefore it’s just as user-friendly as Ethereum, it’ll be cheaper to deploy & of course it provides the ground breaking open source development of allowing other projects tokens to be able to build upon it and secure their own PoS network. So why is it good for projects to be able to secure their own networks? The answer is an economic one. Currently the profits of all transactions that a token built on the Ethereum blockchain generates, goes to Ethereum miners and that provides no benefit for the project. With the EurekaCoin PoS solution it means that the stakers of those projects built on the EurekaNetwork get the reward and the project itself will benefit. That’s a very strong incentive for people to hold the token and to support the project.


Read more about it on the website: https://impulsx.io/


still it is really interesting that you decided to use this particular blockchain and I would like to study the technical features in more detail