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HomeCOINSWhat Is Messier 87 (M87) Coin Review? Complete Guide...

What Is Messier 87 (M87) Coin Review? Complete Guide Review About Messier

What Is Messier(M87)

Messier 87 (M87) is a fully decentralized black hole for private transactions on the Ethereum network. It is an improved fork of Tornado Cash. They believe the anonymity and encryption are the two true foundation of cryptocurrencies, They will do best to deliver a better more refined experience for all in a world where the screws of surveillance are constantly tightening, where does that leave cryptocurrencies? Bitcoin is the dominant one, But it is only pseudonymous, not anonymous.in other words, If there are crumbs left over to tie one”s identity with a wallet address,

Crypto assets can be traced. Following the footsteps of tornado cash they are creating M87 own improved blockchain black hole. When tokens are either deposited or withdrawn from M87, there is no link between that address and the new one. for this reason, You can request your funds to be sent to M87, And withdraw them into your non-custodial wallet. When this happens, The link between the initial sender is then severed, Thus ensuring your financial privacy on a the public blockchain.

Messier 87 Coin Storage Key Points

Coin BasicInformation
Coin NameMessier 87
Short NameM87
Total Supply1,000,000,000,000
Max Supply1,000,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

The goal of M87

Messier 87 believe the anonymity and encryption are the two true foundation of cryptocurrencies, They will do the best to deliver a better more refined experience for all in a world where the screws of surveillance are constantly tightening, where does that leave cryptocurrencies? Bitcoin is the dominant one, But it is only pseudonymous, not anonymous.in other words, If there are crumbs left over to tie one”s identity with a wallet address, Crypto assets can be traced.

Following the footsteps of tornado cash we are creating M87 own improved blockchain black hole. When tokens are either deposited or withdrawn from, there is no link between that address and the new one. for this reason, You can request your funds to be sent to M87, And withdraw them into your non-custodial wallet.

When this happens, The link between the initial sender is then severed, Thus ensuring your financial privacy on a the public blockchain.

Decentralized Blackhole

Messier 87 (M87) is a fully decentralized black hole for private transactions on the Ethereum network. It is an improved fork of Tornado Cash.

TheTreasury

A treasury will be built upon the transaction fees of the black hole, Providing staking apy and governance to M87 holders.

Initially, Messier 87 will be governed by the founding team, Ultimately control of the project will be transferred to the community, where day-to-day operations, business strategy and token utility will be governed by community vote.

WhythenameM87?

M87 (Messier 87; also known as Virgo A) is a giant elliptical galaxy in the Virgo constellation, whose nucleus contains a black hole and is the first to ever be directly imaged. M87 is the most powerful known source of radio energy among the thousands of known galactic systems.

A black hole is a place in space where gravity pulls so much that even light cannot escape it.\ They view M87 as being THE black hole of the Ethereum blockchain.

Why use Morsecode?

Messier 87 will continue to communicate in Morse on the main channel to emphasize the vision of encryption and anonymity. If you wish to translate the messages, you can use our built in translator.

How does it work

Transactions in a blockchain ultimately form one long chain, which makes it easy to trace. M87 improves transaction privacy by breaking the on-chain link between the recipient and destination addresses.

It does this using a smart contract that accepts deposits for a certain token at a fixed denomination. For example, the 10 ETH contract will only allow deposit and withdrawal of 10 ETH. At launch Messier 87 will have the following token and denomination combos available:

  • 0.5 ETH
  • 1 ETH
  • 2 ETH
  • 5 ETH
  • 10 ETH

Once the funds are deposited, the user will receive a “note”, which is proof or claim to your deposited funds. This note is then used by another address to withdraw the same amount of funds that you deposited. As a result, you will have transferred funds from one address to another address without there being a direct link between the two addresses.

This all sounds very confusing, so allow us to explain with a simple example. Imagine Joe wishes to transfer 10 ETH from wallet A to wallet B:

  1. 1. Joe first deposits 10 ETH into the 10 ETH M87 contract. In return, He receives a note that looks something like below. This note must be kept secret!
  2. 2. To withdraw the 10 ETH, Alice simply pastes in the note and his wallet B address and calls the withdraw function. And voila, that’s it!

Tokenomics

2% of the trading taxes are used for development and the hiring of experienced developers to help code, operate and maintain the black hole.

1% of the trading taxes is added back into the liquidity pool.

M87 Contract Safety

Messier 87 Contract has been properly renounced with no dangerous backdoors and cannot be configured to scam.
Fair launched: No preloaded wallets.
100% of the liquidity is locked for 31755 days.
Trade tax (immutable): 3% per swap.

Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things