What is Cyphr Coin?
CyphrCoin is a “pure cyrpto” project, focusing on the development of a stable coin with a strong and devoted community of supporters. It is our goal that CyphrCoin is used as a global medium of exchange, with the lowest transaction fees and network latency possible, whilst simultaneously overcoming issues of scalability by offering cross-chain interoperability.
Most ICOs bring in funding based on the promise that they will develop a new and exciting blockchain technology with their crypto currency used for crowdfunding the project in the hope that the tokens will be useful within the ecosystem that their promises promise to create. Unfortunately, most projects fail, adding to the growing pile of ShitCoins on the established blockchain networks.
CyphrCoin is different. Our focus is to bring community together and establish mass adoption of the CyphrCoin currency with the long-term goal of creating a stable currency with global tradability and interoperability.
CYFX is an ERC20 token built on the POA smart contract, the first fully cross-chain bridge, offering interoperability, reduced transaction fees, higher transaction speeds and scalability whilst maintaining compatibility with the Ethereum network.