When will the #HotwireCash become a real thing?
- by admin
Hotwire Cash, a new currency which allows people to buy and sell goods on the Bitcoin blockchain, has been released to the public and can be used for shopping and buying goods.
Hotwire Cash is similar to bitcoin in that it uses blockchain technology to manage its value.
It uses a smart contract that lets users pay each other based on a set of parameters that determine the amount of money to pay and what to receive.
In the event that the value of the transaction exceeds a certain threshold, a portion of the money will be released to everyone who pays the price in Bitcoin.
The smart contract is also capable of automatically settling and issuing refunds.
For example, if the value in the transaction is $50,000, the refund will be paid out to everyone.
This will make the process of buying goods or services very simple, and it’s a nice way to get rid of cash in the case that you are not able to buy something.
With this new currency, people can also trade their money for Bitcoin.
There is currently no indication as to when Hotwire will be available for purchase.
However, Bitcoin has been known to support digital currencies since 2013.
At that time, it was unclear whether or not the cryptocurrency would eventually become a mainstream payment option.
Now that the cryptocurrency is a mainstream currency, it seems unlikely that it will disappear completely, but Hotwire may still find its way into the mainstream, especially if it can establish itself as a legitimate option for consumers.
Source: Crypto Coins | Photo: Shutterstock
Hotwire Cash, a new currency which allows people to buy and sell goods on the Bitcoin blockchain, has been released…