Mindchain is a Binance-based cryptocurrency that incorporates Mindchain.info. Mindchain is another image coin of the crypto world. Whatever it is, the Mindchain MIND token is design to handle it better.
Binance Blockchain (BEP-20 token format) issues a number of crypto-tokens, one of which is the Mindchain token.
Mindchain is a Binance-based token that relies on Turkey. Photo coins are usually shipped on November 2, 2021. The type of mindchain token is the BEP-20 token. Mindchain is an analysis that creates free local area and is design to “secure and secure exchange”.
Like Mind, Mindchain token is 100% reserve native coin, which exchanges MIND for Bitcoin, Etherium, Ripple etc. Anyone can audit reserve address Blockchain offers a much easier way to audit crypto reserves than a traditional bank balance teaser.
Mindchain token trading pairs create at pancakeswap.finance, such as BNB / MIND, USDT / MIND, MIND / BNB etc.
The exchange pair at pancakeswap.finance will have a lot of purchase requests, with price spreads around 0.1%. It provides an easy way for anyone to convert from Mindchain Token to Native Coin. Once this purchase order is complete, a new order will be placed. When the same amount of funds from the reserve address is deposited in pancakeswap.finance. Funds for purchase orders and publish reserve addresses will exceed the total supply of Mindchain tokens. So that there is always 100% support.
The main advantage of offering Crypto-Mindchain Token (MIND) is, obviously, that it offers lots of coins to Binance based merchants. Who have their own blockchain and they are local to Binance Smart Chain. Since token selection is available in Binance Smart Chain, trading volume and liquidity will increase. Which will further increase the utility value of tokens.
Although this method is more centralize than nuclear switching. We believe it makes it easier for most users and businesses to use a higher level.
Compared to Fiat Tethering, Crypto can provide a higher degree of transparency. So that, anyone can publicly audit the reserves, anytime they want.
We note that this method is not exclusive to cross-chain nuclear switching or other decentralization methods. Which can be apply in parallel. As we write this, many nuclear switching solutions are already being develop and we always welcome more developers to join.