HEX — A Hybrid Proof of Work and Proof of Stake System

jugovico
3 min readMar 22, 2020

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What is HEX?

HEX is the first-ever blockchain that has delivered money credit facility which is certainly acknowledged as CD in crypto terms. Instead of mining, hobby is the consequence of the cash that is deposited in the CD. It is comparable to a financial institution account however pastime obtained is comparably increased than the regular account. In essence, HEX will pay activity besides counterpart risks. By utilising peer-to-peer technology, all the inefficient currencies, banks and charge networks are changed with the rising of HEX.

How HEX Works

Essentially, Hex is CDs on Ethereum. $571 Billion bucks of fee is presently saved in conventional bank-owned CDs in the USA alone. After shops of price and payments, this monetary product looks like the subsequent logical low-hanging-fruit to handle (if finished right).

Richard looks pretty proud of the many game-theory-based rewards worried in claiming Bitcoin Hex. The internet site is nevertheless barely outdated, however if you observe the Hex telegram channel you will discover that these are the most correct new bonuses for the declare duration and beyond.

All these bonuses are designed to hold your activity as you devise your personal gold standard staking period, thinking about what anyone else will do. It requires you to make some assumptions whilst permitting many exclusive visualizations of how your stake and bonuses are growing. As Richard would say, the ‘pumpamentals’ can’t absolutely get any better.

By the way, take into account that referral bonus? Use mine to declare your Hex when the time comes and you get 10% more! It’s much less than 50 days away.

HEX token features

Hex token has extra dominant characteristic which different cash would not have as follows.

Economical inflation charge in contrast to Bitcoin

Since the inflation is to be paid based totally on stake ended period. The issue is that stakes can closing even for 10 years which is a vast period.

Prominent Interest

The one who stakes their money in HEX will get big hobby on the programmable cash groundwork comparably larger than you would ever get in financial institution deposits.

No counterpart dangers as such in bitcoin investments

The traders have to count number on third-party which is normally any sort of change the place you cease up with withdrawal fees, safety holes, privateness problems or your asset can be stolen. Due to the rising of HEX. it constant the large trouble of middlemen getting prosperous whilst they act as a counterparty to alternate crypto assets.

Profit maximiser

No one loves an funding except any profits. Most of the time blockchains promote themselves however sooner or later ends up with a challenge failure making a widespread loss to the investors. Staking HEX multiplies your funding with massive outcomes.

Example:

The HEX/USD price could go up 1,000x. Your HEX stake could return 10x your HEX. 1,000x times 10x = 10,000x profit.

For more information :

Website : https://hex.win/
Facebook: https://www.facebook.com/HEXcrypto
Twitter : https://twitter.com/HEXCrypto
Telegram : https://t.me/HEXcrypto
Bounty Telegram : https://t.me/BountyDetectiveCommunity
Github : https://github.com/bitcoinHEX
Reddit : https://hexcrypto.reddit.com/

Author : frendlist
Wallet : 0xe6b7483df0a6829c4d80503E4AE3CA8Efb6203BE

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