Cuprum coin how to#

Another important piece of information about this valuable commodity is that it is built on TEZOs.

This coin is based on DLT (Distributed Ledger Technology) hence can meet all classic commodities’ criteria like Gold, Silver, Aluminium, Zinc, Nickle, Copper, and traditional fiats currencies.īecause of that, its application in the crypto community will be wide-ranging from fiat currencies to, exchange of goods, services, and crypto. This coin is known to maintain its value for a long period considering its future uncompromising demand of the assets.

Due to the difficult manufacturing process and material costs, ultra-fine copper powder is considered one of the most valuable cryptocurrencies. The company's primary goal is to ensure maximum security of all investments in the marketplace for a long period. Therefore, this coin is a cryptocurrency backed with commodities through an underlying physical asset. Having said that, our idea is to promote, as the number of blockchain application grows, rethinking about current blockchain operations and move them towards using more sustainable, renewable energy sources.Īt the end, as part of the company responsibility to the environment, we decided to allocate the portion of profit to the programmes and initiatives dealing with nature sustainability, environment safeguarding and conserving biodiversity.This year, cuprum coin’s founder and CEO signed a contract worth more than 60 billion USD with an ultra-fine copper powder owner. On the other hand, we want to position ourselves as environment friendly as possible. As such it is also less exposed to the market volatility risk and inflation as well. What makes a concern is the fact that the electricity miner use overwhelmingly comes from polluting source (some surveys explored about two-thirds of it is from fossil fuels).ĬUPRUM Coin – the cryptocurrency of the futureĪs already elaborated, CUPRUM Coin cryptocurrency, unlike other asset backed products, relies on the asset which is a very demanded by the industries of the future, like space industry etc. More revenues earned leads to more powerful machines introduced to guess a random number, and at the end more increase in energy consumed.Īs we are a very “religious” about blockchain technology, we will not argue and elaborate here whether the power consumption used for mining is justifiable or not. As cryptocurrency gets more valuable, the computing effort expended on creating and maintaining it – and therefore the energy consumed – inevitably increases. So called “miner” enables new coins to be created while, at the same time, independently verify and record every transaction made in the currency. The consensus is that cryptocurrency mining is the one of a very energy-intensive blockchain application.

Cuprum coin how to#

Recently, the challenge how to promote the environmentally sustainable development of the applications of blockchain without damaging this valuable sector has arisen. Blockchain has long been associated with cryptocurrency as it was originally created as the ultra-transparent ledger system for Bitcoin to operate on, but the technology’s transparency and security has seen growing adoption in a many other areas.īlockchain as technology relies on a vast decentralized network of computers and, as such, has resource-intensive design in terms of energy consumption. The idea is to prevent any one entity from controlling the blockchain. It’s called a blockchain because new transactions are bundled into “blocks” of data and written onto the end of a “chain” of existing blocks that describe all prior transactions. Why the cryptocurrency of the future?īlockchain is a digital ledger of transactions maintained by a community of users. we have ensured and stored in the security house Cu Powder worth over $30 billion. CUPRUM Coin is a start-up cryptocurrency project that will have a specific physical underlying asset as a backup, an ultra-high purity nano Copper Powder.