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An Ethereum-based token called "XRP Classic" has emerged and is now listed on the Mercatox and EtherFlyer cryptographic exchanges, exchanged with the XRPC symbol.
XRP Classic is also on the CoinMarketCap crypto price tracker with extremely low volume, although it does not appear in CMC's search results. The currency first appeared on Twitter on December 24, where it was quickly labeled as a scam by XRP supporters.
WHICH SCIENCE IS XRPCLASSIC AND WHY THE COINMARKET PACK IS LISTED TO !!!
RENEW SUITABLE!
This is a prime example of why we need regulation to save people from this! pic.twitter.com/psgFXPeFe7
– AleXRP [GIVING AWAY XRP AND FINANCIAL ADVICE] (@Alexcryptox) January 14, 2019
The ERC20 token uses the Ripple logo in an orange color, and has a website that describes XRP Classic as an "accessible blockchain and decentralized cryptocurrency infrastructure" that will offer an automated trading system to encrypted investors.
However, the white paper describes something completely different, and states that XRP Classic is a platform designed to create a new market for freelancers.
"XRP Classic is a modern-day freelance market created with the goal of solving all the problems faced by the traditional freelance industry and allowing risk-free and risk-free connectivity between freelancers and shoppers at minimal cost. peer-to-peer market at the forefront to offer and hire services without involving an intermediary and allow them to create long-term potential collaborations with freelancers who get a fair share for their efforts while the buyer gets a quality work at optimal rates. "
The white paper also includes a section on how XRP Classic will serve the emerging area of the Internet of Things.
"As a technical architecture of the new generation IoT network based on the Internet of Value, XRP Classic applies a unique XRP Classic algorithm to meet the requirements of the thriving IoT industry.The inspiration for the XRP Classic algorithm comes from the formation of In the inorganic chemistry, when the salt is ionized, it produces anions and cations, which can be combined again to produce new substances.In the same way, the XRP Classic algorithm separates two fundamental functions of value creation and transfer of values on the blockchain. "
The currency website presents a section of partners with three images that do not lead anywhere. The site does not have a list of official team members and lists a phone number located in Bangladesh.
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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