ABOUT EUREKA 🔷 Eureka Coin (ERK)
Eureka Coin (ERK) is the native coin of the Eureka Blockchain, a state of the art decentralized distributed ledger that combines the best features of Blockchain technology to date and offers a unique framework for a worldwide network of decentralized consensus. The Eureka blockchain not only uses a Proof of Stake consensus mechanism which insures efficient scalability, it also allows other tokens/sidechains to use independent proof of stake networks on top of Eureka giving them full power to secure their own ecosystems independently and in a completely decentralized way.The development company helps the stability of the price of ERK with its buy back & burn plan. The buy back& burn process will end when the total circulating supply of the coin is 10 Million ERK.
What makes EurekaNetwork Groundbreaking?
The Eureka Blockchain is built to be able to host innovative Blockchain implementations and practical DeFi solutions for worldwide use. The smooth scalability that Eureka allows makes it possible to develop complex independent ecosystems on-chain as well as through side-chains. The Eureka Network is a user-friendly open-source development framework to deploy any type of decentralized applications & it is built to allow other projects to create tokens & ecosystems that can be secured using their own independent PoS networks. With the independent PoS solution that the Eureka Blockchain allows the stakers of those projects get to be fully in control of their sidechains and their networks of nodes receive the staking rewards of that independent network. Every single transaction that takes place on the Eureka Blockchain burns some Eureka Coins (ERK) out of circulation. The Eureka Blockchain comes with a complete user-friendly infrastructure of wallets, full node and SPV clients, exchanges, etc. By the time the Eureka Blockchain is widely used worldwide the development company will launch prepaid cards denominated in ERK and a merchant API allowing Eureka Coin to be used by various businesses throughout the world as a means of payment.