Mercury

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#414

Mercury MER

$0.04531 USD -0.71%

24h Volume: $69,604.50
Market Cap: $4.53 M
1h %: -0.08%
1d %: -0.71%
7d %: 7.22%
1m %:0.00%

1D 7D 1M

Summary

Mercury is a Waves-powered provenance token, which enables cross-chain communication between the Jupiter blockchain to Waves and vice-versa, allowing transactions fees to be paid in the asset itself. It will be used to build tools that prevent the moral hazard of creating innumerable messaging solutions as competitors, opening doors for the possibility of many messaging applications to sustain in the market together. By spontaneously timestamping block hashes of the private Jupiter blockchain to the public Waves blockchain, it creates undeniable public proof in the process to ensure that nobody has tampered with the data of the private blockchain. In a nutshell, Mercury token, Jupiter and Waves blockchain all form a closed part of the Sigwo Technologies’ ecosystem.

Mercury protocol will be first off integrated into Dust, a popular messaging app which can send or receive messages privately through encryption, and deletes them when done with the conversation.