Everything you should know about USUAL.
The whitepaper presents Usual Money, a decentralized financial platform that aims to create a fairer and more transparent monetary system.
.Current issues
The paper identifies several problems with traditional financial systems, including:
-Concentration of wealth and power
-Corruption and opacity
-High fees for transactions and financial services
-Financial exclusion for certain populations
.Proposed solution
Usual Money proposes a solution based on blockchain technology and cryptocurrencies. The platform uses a consensus mechanism called "Proof of Stake" (PoS) to validate transactions and secure the network.
.Key Features
The Usual Money platform has several key features, including:
A native cryptocurrency called “USM”
A decentralized governance system to make decisions about the platform
Developer tools to allow developers to build decentralized applications (dApps) on the platform
A reward system to incentivize users to participate in the network
.Benefits
The whitepaper claims that the Usual Money platform offers several benefits, including:
-Increased security through blockchain technology
-Reduced transaction fees
-Increased transparency in
transactions and governance
-Increased financial inclusion for excluded populations
Finally, Usual Money presents a vision of a decentralized and more equitable financial system, based on blockchain technology and cryptocurrencies. The platform offers several innovative features to solve current problems with traditional financial systems.
