HEX — The first blockchain certificate with high interest

marriot currency
5 min readMar 22, 2020

Cryptocurrency and blockchain technology plays a key role in various applications and processes in various industries and sectors. There are many cryptocurrencies, but some of them have distinct and special features that distinguish them from others, and one of these special cryptocurrencies is the HEX token. HEX, owned by Richard Heart, is an ERC20 HEX token built in the Ethereum blockchain network. The original HEX design is intended to serve as a store of value and act as an alternative to the Certificate of Deposit as the blockchain equivalent of financial results used in traditional banking systems. HEX is also built to operate in the growing decentralized finance network (DeFi) in cryptocurrencies as part of the Ethereum block chain.

The sending and receiving of HEX tokens as well as the interaction of smart contracts are also developed in the Ethereum network, although the contract codes and the stakeout mechanism are in the smart HEX contract. The HEX smart contract works in such a way that it punishes early termination of the rate and rewards the traders with large amounts of HEX placed for a long time, and the HEX platform usually allows customers to bet their coins to exchange a new HEX coin. It also has features that reward and support the increase in the value of the token as well as disincentives that contribute to the reduction of the value of the token.

Recently, on December 2, 2019, HEX Tokens were distributed to Bitcoin owners using the Bitcoin UTXO snapshot at block height 606227. The distribution rate was set at 10,000 HEX on BTC, however HEX tokens are only available to Bitcoin owners in the release year. HEX was also obtained during this period thanks to an exchange for ETH in connection with the smart HEX contract. At the end of the launch year, all HEX tokens that bitcoin owners did not claim were made available to other active HEX users.

Hex is a valid cryptocurrency like a savings BANK account.
By using the benefits of the blockchain: It is decentralized which runs on the Ethereum blockchain. so, contrary to today’s banking system, no one can control, limit, censor, survey, or reduce your hex value.
Hex has a steady inflation of 3.69%. The new hex mined is entirely for people who have a savings account. That is, people who have been staking Hex for a certain period in order to get a percentage of the new 3.69% HEX ( which has been made).
Many big bonuses apply so that you can have a larger share in the social gathering that will be shared from the newly printed hex.
Some very interesting penalties, if people decide to cancel stake before time, also apply.

Problem

Apart from the combination of cryptocurrency and blockchain technology, this continues to make everyone aware that more efforts need to be made. That’s because the benefits that should have come through cryptocurrency never appeared in the expected amount.

As you might know, everything that is unprofitable is not worth the investment. Considering that the opportunities and financial benefits associated with cryptocurrency are many, it is important that something is done immediately to protect the value of the limited financial opportunities that currently exist.

The developer HEX

From what I’ve seen, Richard Heart is a wealthy, enigmatic, and charismatic YouTuber and influencer in the cryptocurrency universe who’s had the audacity to communicate greater rationally and sensibly than most others in this space. He speaks his thought certainly if nothing else. Give him a pay attention and see for yourself.

He would possibly come off as cocky (which I discover entertaining), however I do think about him to be a clever man primarily based off his tune record, intentions, and actions.

For these with an eye on the crypto space, in particular these that received burned in the 2018 undergo market, I’m certain you’re worn-out of listening to about the subsequent large element that’s “better than Bitcoin”. With a click-bait title like this, I’m no longer doing myself any favors. I’ve been worried in the area considering that 2015, and tried the whole thing from mining to buying and selling to running a blog — essentially the entirety barring printing my very own altcoin. I’ve been via scams, false hope, delusions of in a single day buying and selling success, and more. Believe me when I say at this factor I’m about as skeptical as it gets.

Why must this new project, Hex be special than 99.9% of tasks out there? I will go thru the arguments each for and towards Hex, as I discover it to be one of the most fascinating initiatives in this house from a only game-theoretical perspective. At the give up of the day, it’s up to you to figure out to declare your Hex.

Conclusion

In essence, the community of HEX is larger than it is in the bitcoin network. Because the gold standard coin “Bitcoin” additionally runs on this network. HEX is getting the large cash on the board which have easiest market caps. Moreover, HEX has a high-quality street map with predicted results with all clear. On the different hand, bitcoin mining makes it more difficult to do due to the fact it is expensive. However, when you stake HEX, you will be get paid to help the program, not like bitcoin mining. As a whole, any transactions in HEX’s community is generally four instances much less costly than Bitcoin’s., which is an brought price to this community as well.

For more information below :

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 : jewaka
Wallet ETH : 0x59a78fa8bb20291986D8E506Ae38f21A3368F404

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