Can you buy a sandwich with GRAFT?
In this article I will talk to you about GRAFT or Global Real-time Authorizations and Fund Transfers.
A little history
I like to study the history of things. So ... I decided to throw an eye on twitter. Account of Slava Gomzin, the founder of GRAFT, has about 2,500 followers(https://twitter.com/slavagomzin), also he is a writer of "Bitcoin for Nonmathematicians" and "Hacking Point of Sale" .He is a SpiderMan in Cybersecurity and Cryptocurrency.
Twitter page for GRAFT( https://twitter.com/graftnetwork) has nearly 900 followers(at the time when I writed this article) begins with a Gomzin retweet that makes a reference to a white paper (a link to his site).
Can you buy a sandwich with GRAFT?
Every time all of us are hit by crypto's fees, both buyer and merchant pay a transaction. People are often confused by this process and not looking attractive. What's new with this coin?
Example: You are in a hurry to work or you have no time to order food, you have bitcoin but can't buy immediately a sandwich, hold on... you can with GRAFT. Well, GRAFT becomes something affordable for micropayments with low fees (for less than 10 GRF charges is 0.1%; for example fees for 10 GRF is 0.01 GRF).
How long does a transaction last?
If at Bitcoin/other cryptos you can wait up to several hours until a transaction is confirmed, here I am enjoying the speed with which it is confirmed: LESS THAN 3 SECONDS! I am aware that each merchant wants to be paid in local currency, they use fiat currency, not bitcoin or other cryptocurrencies. So volatility can be prevented by merchants, all payments will be immediately confirmed in real time.
For those who want to invest in this currency
For those who want to invest in this currency
Total Emission: 1,844,674,400
Min Purchase: 1,500 GRF
First 48 hours discount: 10%
For me GRAFT looks like Good Reason And Fast Transactions
graft2017
I believe it will be possible in the future.
I actually do 5 STEEM giveaway, you should check it out.
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Thanks!
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