The new cryptocurrency using the counterparty protocol
HOW IT WORKS
In the physical word, exchanging assets is fraught by risks and problems, such as potential theft and reliance on an escrow agent or central counterparty. Mory is using the counterparty protocol. On Counterparty, the roles of escrow agent and clearing house are filled by the Counterparty protocol itself, eliminating unnecessary costs, time, and third-party trust. In any transaction the required funds are debited from each party’s address immediately, and are not released until the conditions of the contract have been met.
MORY is built on the Counterparty protocol which allows for tokens to be built within the Bitcoin blockchain. So every MORY transaction is actually a Bitcoin transaction as well. This protocol secures high safety of MORY.
Multisignature transactions require signatures from more than one Bitcoin private key to spend their funds. Counterparty supports various multisignature schemes, such as 1-of-3, 2-of-3, 3-of-5, and more. Using our technology, a Bitcoin “multisignature address” may be created, and some quantity of a MORY sent to it. Some quorum of signers will then be required to digitally verify and sign any transaction that sends these tokens somewhere else. MORY is a highly secure cryptocurrency.
IndieSquare Wallet is the first of its kind to allow for the buying and selling, sending and receiving, of cryptocurrency using the counterparty protocol. Built atop of the bitcoin blockchain, IndieSquare Wallet is the first in the world to offer smartphone users the ability to send and receive tokens in a decentralized exchange with client-side encryption; as well as the ability to issue their own tokens with its value in their local currency. The wallet was also built with mainstream conveniences in mind, such as push notifications and touch id authorization.
pre-ICO is live now!
We will start pre-ICO from 1st Sept.
pre-ICO price is 1/10 of ICO price !
1MORY = 0.000044XCP (≒0.00018$)
Total 50000000MORY (pre-ICO)
We will start ICO from at the beginning of December
MORY issued during ICO USD per MORY rate
0 - 50,000,000 0.00018
50,000,000 - 100,000,000 0.0018
100,000,000 - 150,000,000 0.0025
150,000,000 - 200,000,000 0.0030
200,000,000 - 250,000,000 0.0035
250,000,000 - 300,000,000 0.0040
Decentralized Exchanges (DEXes) – are a new technology that facilitate cryptocurrency trading on a distributed ledger. The meaning of «decentralized exchange» is that instead of the one platform that process trades, it is engaged in blockchain.
Cryptocurrencies continues to gain popularity all over the world. Despite it’s high-volatility digital assets has a lot of advantages: anonymity, simplicity of cross-border payments, and of course decentralization. But traders still have to use cryptocurrency exchanges which is extremely centralized. In future world of digital money and peer-to-peer transactions you still have to trust your money to the third part. That’s why decentralized exchanges or DEX was created and developed within last few years.