Did you know??? Bitstamp co-founder has a new project! QUANTUM!

in #cryptocurrency7 years ago (edited)

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You might have heard of Damian Merlak, the cofounder of Bitstamp in 2011, the world’s second largest (in 2016) Bitcoin exchange by volume! Now he is on a new project, Quantum!

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And why is Quantum so special??

Quantum is a crypto currency. But what makes it so special? Most crypto currencies constantly create new units in the process they call mining. This process is very expensive so the majority of people constantly sell their newly created coins to cover the expenses which creates downward pressure on the price and new money has to come into the market to keep the prise at the same level. Quantum on the other hand puts this process in REVERSE! Quantum tokens are constantly destroyed and the amount of existing units decreases over time. This decreasing process puts upward pressure on the price which causes the value of quantum tokens to increase over time even without fresh money coming into the market.

I believe that this is a good opportunity for something big and I think that Merlak’s involvement makes it even bigger. He and his amazing team might have just created something spectacular. What are your thoughts on this matter?

If you find these informations useful PLEASE DON'T FORGET TO UPVOTE AND COMENT! :) Thank you :D

https://www.youtube.com/watch?time_continue=4&v=2SlsNe9z_cA

All of the images and info was taken from Quantum official website, where you can find all the informations you need: https://www.quantumproject.org/

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