• About
  • Contact
  • Submit Press
Newsletter
Coinpress Media
Advertisement
  • Home
  • News
    • Industry
    • Economy
    • Business
    • Regulation
    • COVID 19
  • Stock Market
  • Bitcoin
  • Altcoin
    • Ethereum
    • Ripple
    • ADA
    • Chainlink
    • Tezos
    • IOTA
    • Bitcoin SV
    • Tron
    • Cardano
  • Market
  • Startups
  • Press Release
  • Contact Us
No Result
View All Result
  • Home
  • News
    • Industry
    • Economy
    • Business
    • Regulation
    • COVID 19
  • Stock Market
  • Bitcoin
  • Altcoin
    • Ethereum
    • Ripple
    • ADA
    • Chainlink
    • Tezos
    • IOTA
    • Bitcoin SV
    • Tron
    • Cardano
  • Market
  • Startups
  • Press Release
  • Contact Us
No Result
View All Result
Coinpress Media
No Result
View All Result
Home Altcoin

Project Introduction #09: HEX, The First High-interest Blockchain Certificate of Deposit

danangjuniar by danangjuniar
April 13, 2020
in Altcoin, Project Introduction, Promotion
15
Project Introduction #09: HEX, The First High-interest Blockchain Certificate of Deposit
197
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

To revolutionize finance, every single function banks serve today have to be replaced with a peer to peer, open-source, trustless system. No middlemen. Banks do more than currency, so must we. Bitcoin started the revolution in trustless, immutable, distributed peer-to-peer digital currency. It started worthlessly and over ten years reached a value of 300 Billion US Dollars. 

Bitcoin has three main functions: send, receive, or mine. The most common way users earn interest in the Bitcoin they hold is to send them to a centralized third party, like exchanges. These are security holes that are often be hacked, destroy the privacy, or introduce fees if you need to get your funds out. The parties are so important to users that the companies themselves have made more profit on Bitcoin than its founders. 

Related articles

Project Introduction #37: Introducing Pastel Network, A New World for Creators and Lovers of Art

Project Introduction #37: Introducing Pastel Network, A New World for Creators and Lovers of Art

February 18, 2021
Simpson Finance, Community-driven Experimental Defi+NFT Protocol

Simpson Finance, Community-driven Experimental Defi+NFT Protocol

October 27, 2020
HEX, The First High-interest Blockchain Certificate of Deposit

HEX, The First High-interest Blockchain Certificate of Deposit

HEX adds the 4th function: staking. Staker pays stakers instead of miners. This replaces these third parties with a trustless Peer-to-Peer to the system. Instead of sending your HEX to exchange so they could lend it out on your behalf to earn interest for you, you just send it to the same smart-contract that minted all the HEX in the first place, and it credits your interest. If you are given programmable money, the first thing you should program is interest.  

The Certificate of Deposit or simply called CD is one of the most popular banking products in existence. HEX is the first CD on the blockchain. It’s much better than a CD though because a CD will not pay you more if others decide to close their CD. HEX does. If only a single percent of coin holders stake, your ROI per year as a staker exceeds 369%. If ten percent Stake average ROI for stakers is 36.9%. If a 20% stake average ROI for stakers is 18.45%.

Instead of sending you money to foreign mega-corp to buy mining equipment which shows up late, used, or never at all, you can skip the depreciating asset and electricity bills and just stake your coins. The longer you stake, the more bonus shares you get. Around twenty percent bonus shares per extra year of stake commitment, payable on all stake lengths over one period.  

Send, Receive, and Earn Bitcoin

HEX Includes all of the Features of Bitcoin

HEX includes all of the features of Bitcoin to send, to receive, to earn and adds Trustless Interest through staking, where longer stakes pay better than shorter. Finance is stuck with decades-old technologies. It’s hard to get buyers to adopt new technology that sellers don’t support yet and vice versa. HEX solves this problem by compensating early adopters and stakers with more currency. This allows the construction of a financial network that is far superior to today.

A finance system that is both superior technologically, and widely adopted, would be preferred by both buyers and sellers and savers. It is could be expected that such a network would eventually overtake. Currency,  Payment cards, which account for 20 trillion US Dollars in annual transactions. Interest-bearing savings accounts, Gold as a store of value, Offshore finance.

HEX’s long term goal is to replace gold as a store of value of 7.7 Trillion US Dollars. Replace credit card companies and payment companies like PayPal around 770 billion US Dollars in Visa, MasterCard, and PayPal alone) Replace legacy certificates for the deposit 571 Billion US Dollars in the USA alone on just those under 100,000 US Dollars Replace middlemen with trustless interest. 

Blockchain Illustration

HEX is Using Ethereum Network

The HEX is standing for Open-source, Trustless, Store of Value, Censorship Resistant, Permissionless, and also Immutable. HEX addresses are also hexadecimal. Some wallets are supported HEX. HEX claiming that it has been tested on Electrum, Coinomi Wallet, Bitcoin Core, Mycelium, Bither, Bitcoin Knots, Armory, Trezor Wallet, Ledger Nano S Hard Wallet, KeepKey, Trezor through Electrum for bc1.

Any wallet that can store ERC-20 tokens works. If you want to use custom functions like staking, claiming, good accounting you need to use metamask or other custom solutions which are harder. Ethereum has never had any inflation bugs, ever. It has A More diverse mining ecosystem GPU instead of ASIC, Ethereum has a Bug bounty program on the other side, Bitcoin’s last inflation bug was caught by a BitcoinCash developer. The game theory in HEX is immutable in the blockchain and not subject to nodes voting on it. Even the HEX team stated.

The 21 million coin limit in Bitcoin is a theory. The game theory and parameters in HEX is immutably stored in the blockchain itself, immutably.

–
HEX Logo
–

USEFUL LINKS

Website 1 — https://hex.win/
Facebook — https://www.facebook.com/HEXcrypto
Twitter — https://twitter.com/HEXCrypto
Telegram — https://t.me/HEXcrypto
Bitcointalk— https://bitcointalk.org/index.php?topic=4523610.0
Reddit — https://hexcrypto.reddit.com/

–

AUTHOR INFORMATION

My Bitcointalk username: Batx_9999

Link to Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2264046

Telegram: t.me/jtaccount2

Email: danangjuniarpermana@gmail.com

–

LEGAL DISCLAIMER

The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by Coin Press Media or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

0
Share79Tweet49

Related Posts

Project Introduction #37: Introducing Pastel Network, A New World for Creators and Lovers of Art

Project Introduction #37: Introducing Pastel Network, A New World for Creators and Lovers of Art

by danangjuniar
February 18, 2021
0

We introduce Pastel, an open-source, decentralized system that allows artists to register “provably rare” digital artworks on a Bitcoin-like blockchain,...

Simpson Finance, Community-driven Experimental Defi+NFT Protocol

Simpson Finance, Community-driven Experimental Defi+NFT Protocol

by danangjuniar
October 27, 2020
0

WHAT IS SIMPSON FINANCE? Simpson family is building an experimental community Defi+NFT protocol based on popular tv series The Simpsons...

YFUEL Finance (YFUEL) Expands Further, Listed on CoinTiger Crypto Exchange

YFUEL Finance (YFUEL) Expands Further, Listed on CoinTiger Crypto Exchange

by danangjuniar
September 21, 2020
0

$YFUEL is a yield farming platform and a direct fork of $YFI, with a total supply of 20k tokens and...

Blockchain in Healthcare: How ATROMG8 Can Help?

Blockchain in Healthcare: How ATROMG8 Can Help?

by danangjuniar
September 11, 2020
2

Source: Platinum Crypto Academy | Sep 9, 2020 INTRODUCTION Blockchain, as a technology, is immensely capable of transforming the healthcare space, thus placing...

Bitcoin vs. Modern Monetary Theory

YFUEL DeFi Token Has Sensationally Surged more than 100% in last 24 Hours

by danangjuniar
September 10, 2020
0

YFUEL represents a fork of the Yearn.Finance (YFI) decentralized finances protocol (DeFi). It aggregates liquidity pools allowing its users to...

Load More

Comments 15

  1. Mamayo says:
    1 year ago

    HEX is an ERC20?

    Reply
    • danangjuniar says:
      1 year ago

      Yes, like it mentioned above they using Ethereum Network

      Reply
  2. Mamayo says:
    1 year ago

    Hmm.. I thought it’s not..

    Reply
    • danangjuniar says:
      1 year ago

      Now you know ?

      Reply
    • Ardi mardi says:
      1 year ago

      No!

      Reply
  3. Omar T says:
    1 year ago

    BitcoinHEX same with HEX?

    Reply
    • danangjuniar says:
      1 year ago

      Yes!

      Reply
      • Omar T says:
        1 year ago

        Ok ?

        Reply
  4. Someone says:
    1 year ago

    It’s free?

    Reply
    • danangjuniar says:
      1 year ago

      For bitcoin holder, yes

      Reply
      • Someone says:
        1 year ago

        How?

        Reply
        • danangjuniar says:
          1 year ago

          To make sure kindly ask to admin on the community here: https://t.me/HEXcrypto

          Reply
          • Someone says:
            1 year ago

            Ok thanks

  5. Ardi mardi says:
    1 year ago

    ???

    Reply
    • Ducky Duck says:
      1 year ago

      ??

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Unstoppable HEX Episode 06: HEX Did 57x in 108 Days, Top 10 Marketcap Possibility, And More!

Unstoppable HEX Episode 06: HEX Did 57x in 108 Days, Top 10 Marketcap Possibility, And More!

April 26, 2020
Unstoppable HEX Episode 07: HEX Price Did 90x in 118 Days, Break the Top 30 Marketcap, And More!

Unstoppable HEX Episode 07: HEX Price Did 90x in 118 Days, Break the Top 30 Marketcap, And More!

May 5, 2020
Unstoppable HEX Episode 08: HEX Enters List of Top 25 Crypto, 1 Million HEX Giveaway, And More!

Unstoppable HEX Episode 08: HEX Enters List of Top 25 Crypto, 1 Million HEX Giveaway, And More!

May 27, 2020
Stock futures rise slightly in overnight trading as market looks to extend record-setting rally

Less Than A Month Before BigPayDay, HEX Surges 33% in the Last 7 Days

October 22, 2020
Project Introduction #08: Juiice, A Gallery for Viral User-generated Content which Rewards Creators and Influencers

Project Introduction #08: Juiice, A Gallery for Viral User-generated Content which Rewards Creators and Influencers

21
Project Introduction #09: HEX, The First High-interest Blockchain Certificate of Deposit

Project Introduction #09: HEX, The First High-interest Blockchain Certificate of Deposit

15
Project Introduction #12: HackenAI, The Personal Cybersecurity Application

Project Introduction #12: HackenAI, The Personal Cybersecurity Application

15
Project Introduction #10: Optimus Exchange, The Crypto Trading Platform Of The Future

Project Introduction #10: Optimus Exchange, The Crypto Trading Platform Of The Future

13
Estimating The Chance Of Six Figure BTC In 2021

Estimating The Chance Of Six Figure BTC In 2021

April 17, 2021
Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts

Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts

April 17, 2021
Bitcoin Trims Gains, But Here’s How BTC Could Rise Again

Bitcoin Trims Gains, But Here’s How BTC Could Rise Again

April 15, 2021
S Korean MPs Seek to Ban Crypto Felons from Returning to the Industry

S Korean MPs Seek to Ban Crypto Felons from Returning to the Industry

April 15, 2021

Coinpress Media




The most recent news about the crypto. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices, and more.





Categories

Useful Link

  • About
  • Contact
  • Submit Press

Recent Posts

  • Estimating The Chance Of Six Figure BTC In 2021
  • Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts
  • Bitcoin Trims Gains, But Here’s How BTC Could Rise Again
  • S Korean MPs Seek to Ban Crypto Felons from Returning to the Industry
  • Bitcoin Prepares For its Next Move: Where is the 100 SMA, the Key BTC Level?

Find on Website

No Result
View All Result
  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • News
    • Industry
    • Economy
    • Business
    • Regulation
    • COVID 19
  • Stock Market
  • Bitcoin
  • Altcoin
    • Ethereum
    • Ripple
    • ADA
    • Chainlink
    • Tezos
    • IOTA
    • Bitcoin SV
    • Tron
    • Cardano
  • Market
  • Startups
  • Press Release
  • Contact Us

© 2018 Copyright by Coinpress Media.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist