The Real Use Case For Cubex | Cubex Network | Smart Payment System
dr4ge last edited by dr4ge
“What is the use case?” is the most frequent question that we see appear for any cryptocurrency, and there’s a reason for that. It’s a good question. In fact it’s probably the most important question any interested investor will ever ask about an investment. If we (Cubex-Network) can’t establish a good reason for people to actually use Cubex coin, then there’s no reason to invest in it. Let’s take a look at Cubex.
When first looking at Cubex, it may be hard to see the use case. Now it just looks like another coin or token. It’s not shiny or fancy, but it definitely has something that other projects don’t have. If cryptocurrency enthusiasts really want mainstream users to adopt cryptocurrencies in their everyday lives, then the answer is not more features. The focus should be better ones that are easier to use, and that’s exactly what Cubex is trying to do.
Cubex has instant confirmations that are free from double spending. If this does not seem like a big deal to you, then you’ve never waited for two hours for Bitcoin (BTC) transfers to actually confirm so you could spend your money. The painful wait times of Bitcoin have long been the bane of any crypto enthusiast. It is more than likely, the reason, many merchants shy away from digital currencies. In some instances, you need instant confirmations for purchases. A vending machine could never work with Bitcoin in its current form. Nobody wants to wait over an hour to get their drink, and the fees would likely be ridiculous. With Cubex however, everyday purchases become a reality.
Cubex has many other cool tricks including allowing for private transactions. This is possible, thanks to a built in network mixer and community wide governance. We also created the decentralized API, which allows websites to easily collect Cubex payments from their customers in a way anyone can understand.
Cubex – Single Click Transactions
This also will allow people to perform transactions using only a single click, a dramatic improvement over the current systems utilized by Bitcoin. Cubex Evolution will also allow auto debits for merchants that offer subscriptions, merchants can be publicly accessed and rated on the blockchain and complicated cryptocurrency sending addresses can be replaced with easier to remember usernames to lessen sending errors.
Bitcoin started something great, however, Cubex is picking up where it left off. We are creating a technology, a smart payments system that people who don’t have an emotional connection to cryptocurrency may want to use.
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