The price of The Universal Settlement Coin (TUSC) today is approximately $ 0.00000241. It has increased by a rate of +0.00% in the last 24 hours. Remember that cryptocurrency prices are highly volatile and can change rapidly within a very short time.
The Universal Settlement Coin (TUSC) is a unique cryptocurrency aimed at offering a reliable and cost-effective payment solution for retailers. What distinguishes TUSC from other cryptocurrencies is its ultra-low transaction fees and its promise of accounts that are impervious to being shut down due to political reasons. This positions TUSC as an attractive option for businesses that may otherwise face unfavorable banking conditions or excessive fees with traditional payment processors.
TUSC was developed as a community-driven initiative, meaning that it was not the brainchild of a single founder or a small group of co-founders. Instead, it is a decentralized project with decision-making processes handled by the community through a blockchain-based voting system. The open-source nature of TUSC allows for transparent and inclusive participation from anyone willing to contribute to the project's development and governance.
The Universal Settlement Coin operates on a decentralized platform using a delegated proof of stake (DPOS) blockchain. In DPOS systems, token holders vote for a select number of delegates who are responsible for validating transactions and securing the network. This methodology is known for its efficiency and speed, which contributes to the low transaction costs that TUSC offers. The community-driven governance model allows TUSC holders to have a say in the project's direction, which ensures that all decisions are made in the best interest of the users.
One of the most distinctive features of TUSC is its focus on serving the needs of retailers by providing them with an ultra-low fee payment processing solution. But perhaps its most notable attribute is the assurance that TUSC accounts cannot be closed due to political pressure, which stands in stark contrast to traditional financial institutions that might block or freeze accounts for various reasons. Additionally, as a non-ICO, community-run project, TUSC sets itself apart by emphasizing democratic values and collective decision-making in its operations.
The TUSC network is secured through the delegated proof of stake consensus mechanism, which is considered efficient and less energy-consuming compared to proof of work mechanisms used by some other cryptocurrencies. In DPOS, community-elected delegates play a vital role in maintaining the integrity and security of the blockchain by verifying transactions and creating new blocks.
As a community-run project, TUSC places a significant emphasis on participation from its users. By holding TUSC tokens, members of the TUSC community can participate in a blockchain-based voting system where they can cast votes on proposals and elect delegates. This level of involvement ensures that the direction and development of TUSC align with the collective will of its user base.
The circulating supply of The Universal Settlement Coin (TUSC) currently stands at coins. Please note that this figure reflects the amount of TUSC that has been mined or distributed and is being actively traded in the market and not the total supply which may be higher when taking into account coins that have not yet been mined or are otherwise not available for trading.
Interested buyers can purchase The Universal Settlement Coin (TUSC) on various cryptocurrency exchanges. The availability of TUSC can be verified on exchange platforms that are currently supporting it, which are Probit, Atomars. As with any cryptocurrency transaction, ensure that you are using a reputable exchange and taking appropriate security measures to protect your assets.
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