Expanse (EXP)

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Description

What is Expanse? Expanse, often referred to as ‘EXP’, is an open-source cryptocurrency project managed and developed by a group of volunteer-based developers. It is based on the Ethereum blockchain and was created in 2015 by Christopher Franko and the former director of the popular BitcoinTalk Forum, Dan Conway. Expanse is similar to Ethereum in its use of smart contracts but differs from it in its more decentralized approach. Who Founded It? Expanse was founded by Christopher Franko and Dan Conway in 2015. Franko and Conway’s desire to “free people from the limits of traditional banking systems” was the driving force behind their desire to create a cryptocurrency that would be easy for everyone to use. What makes it unique? Expanse is unique in a number of ways. Firstly, it is an open source project, meaning the code and network are open to the public. This gives users an extra degree of trust that their funds and transactions are secure, as their data is visible to everyone and anyone can submit changes to the code if need be. The next feature that makes Expanse unique is its governance system. The Expanse network utilizes a decentralized voting system to decide on the future of the project, giving users the power to decide how the project’s funds should be allocated and what improvements should be made. Where does it used? Expanse’s primary use case is as a payment system and it can be used to transfer funds nowadays as it is accepted by many prominent merchants. In addition, Expanse can be used to launch Decentralized Applications (dApps) as it is a platform where developers can build and host applications. Where to buy/sell it? Expanse can be easily bought and sold on a range of cryptocurrency exchanges including Poloniex, Bittrex and Livecoin. You can also purchase Expanse directly with fiat currency such as USD or EUR through services such as Changelly or Indacoin. It is worth noting, however, that there is currently no direct way to convert FIAT currency into Expanse directly, so it’s best to first buy Bitcoin or Ethereum which can then be exchanged for EXP. Comments Expanse is a great project that is looking to revolutionize the blockchain space with its open-source model and unique governance system. It is quickly gaining popularity, so it would be a prudent investment for those looking to get into the cryptocurrency space.