What is cvcoin for? (cvcoin official website)

What is cvcoin for? According to the official news from Cvcoin, cvcoin has already been tested and launched on the main network. However, due to current network performance issues and high transaction fees, some developers are unable to implement this function through open source software (for example: https://github.com/CVS/master) and cannot build, maintain, and upgrade contracts.

In addition, for the convenience of users on the cvcoin platform, you can use cv cash to purchase virtual currencies; you can also pay fees with Bitcoin or Litecoin, allowing customers to participate in the investment of project parties; of course, you can also use various digital assets to do other things, such as transfers and financial management. However, it is important to note that cvcoin does not complete all transactions on the chain and does not support centralized matching. Instead, it saves transaction records on the blockchain to ensure transaction security and privacy.

cvcoin official website

According to official news, the Cvcoin official website has officially launched. According to its website introduction, users can enter the official website through the provided link to learn about product details and related contents of cvcoin, and visit the official website for further information.

It is understood that within a few weeks after the launch of Cvcoin main network (June 1, 2020), CvCoin completed the first round of fundraising activities. The first phase of fundraising has been completed with a scale of 10 million US dollars, including well-known institutions such as a16z, Polychain Capital, DFG, and multiple cryptocurrency trading platforms and exchanges.

In addition, cvcoin will initiate a liquidity mining plan in the near future to provide more functions for the community to use. The specific timing will vary depending on actual needs.