RSS3 (RSS3)

What Is RSS3 Cryptocurrency? RSS3 is a decentralized cryptocurrency built on the Ethereum blockchain, using the ERC-20 standard. It was created with the aim of providing users with transactions that are secure, fast, and anonymous. RSS3 is a deflationary currency, which means the number of coins in circulation is constantly decreasing. This is accomplished through a process called "burning", where a portion of every transaction is destroyed so that the total supply of coins circulating on the network is slowly decreasing. Who Founded It? RSS3 was founded by a team of blockchain developers, led by CEO and founder Eric S. Smith. The team has developed several projects in the cryptocurrency space, such as an Ethereum-based decentralized exchange called Ethershift. What Makes It Unique? RSS3 is an innovative project due to its deflationary nature. Since the total supply of coins is constantly decreasing, it encourages people to hold their coins, instead of spending and circulating them. This incentivizes users to provide coin liquidity, which could increase adoption and provide more stability to the coin's value. In addition to this, RSS3 also supports instant transactions. With this technology, users can send coins to any address in the world, without having to wait for confirmations from the blockchain. This allows for fast transactions, without compromising security. Where Is It Used? RSS3 is used primarily for trading and investing, although it does have some utility in the form of payments. Users can make purchases with RSS3; however, due to its deflationary nature, most people hold it as an investment. Where to Buy/Sell It? RSS3 can be bought and sold on several cryptocurrency exchanges, such as Bithumb, Huobi, and OKEx. It can also be purchased directly from the team's website, with fiat currency or other cryptocurrencies. Additionally, it is possible to mine RSS3, although it is not profitable to do so. Comments It is great to see projects like RSS3 offering deflationary coins, as this could create more stability in the cryptocurrency market over the long term. The ability to instantly send coins with no transaction fees is also a great feature that could further help to increase adoption. I look forward to seeing how RSS3 will fare in the future.