Bitcoin VS eosDAC
Bitcoin is the first cryptocurrency that was created by Satoshi Nakamoto in 2009 in response to the financial crisis of 2008. It quickly became popular because of the idea which vehicle but also the growing enthusiasm of the community for trading or crypto project. Its success has inspired many other projects such as Ethereum or Ripple. Bitcoin is now considered the mother currency of the entire crypto ecosystem and its price has a huge impact on the entire market.
What is eosDAC crypto? eosDAC is a decentralized, community-owned cryptocurrency and blockchain that will be utilized in the eosIO ecosystem. eosDAC tokens are distributed as a reward for staking EOS tokens to eosDAC’s smart contract. As more people stake their EOS tokens to eosDAC’s smart contract, the supply of new eosdac coins minted through mining decreases proportionally, making it increasingly difficult to mine new coins.
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