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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Pesetacoin, One Step Closer to Becoming a Day to Day Currency for the Spanish Population

Aayush Jindal
Aayush Jindal
4 years ago
2 mins read

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Pesetacoin has gained a lot of traction in the last year, and for the right reasons. The cryptocurrency gained popularity as it helps the Spanish population make use of an alternative currency which is not Bitcoin, which is known for its technical challenges. The Pesetacoin is designed keeping the needs and sentiments of Spaniards in mind, as they dream of having the good old Peseta – the currency of Spain before the introduction of Euro.

In addition, owing to its targeted approach, Pesetacoin community enjoys faster transaction times – which is at least 10 times better than that of Bitcoin. It means, the transactions get confirmed in a minute or so, in comparison with Bitcoin’s ten minutes.

As the team behind Pesetacoin works on further strengthening the cryptocurrency, both in terms of technology and adoption, they have introduced Electrum Pesetacoin. Electrum Pesetacoin is a secure and simple wallet that enables users to overcome the challenges of waiting for hours before the synchronization of their operation with Pesetacoin. This platform makes use of a random 128-bit seed to produce the private keys. There is nothing like losing your Pesetacoin in the event of a hardware failure.

Peseta supports online games

On the 4 August 2017, PesetacoinJS was released to the public, one of its latest release the Pesetacoin Games is a game based on Pesetacoin blockchain. It is a platform where game lovers can play using their Pesetacoin and win amazing prizes. The games available include Pernales, the Camel riders, and Greater Than.

Apart from online games, the Pesetacoin team is also working on expanding the cryptocurrency’s usage by encouraging merchants to adopt it as an additional payment option. In the near future, they expect the cryptocurrency to be widely used for day-to-day transactions across the region. The platform recently launched the Merchant Map on December 15, 2017 and successfully onboarded more than 20 merchants in under 15 days.  The Merchant Map will enable community members to find the outlets that accept Pesetacoin and use it just the way they used to spend Peseta in the recent past.

Peseta has its own wallet

Having its own easy to use wallets is one of the prerequisites of user-friendliness and also a sign of community focused approach to development on the development team’s part. The Pesetacoin project changed hands early this year, as a new team took over and soon followed with the release of Core v.0.9.0. Alongside Electrum, Pesetacoin also has a WebWallet, which was introduced on September 1, 2017.

The cryptocurrency is also listed on six different exchanges – Bittrex, LiteBit, NovaExchange, SouthExchange, TradeSatoshi and Cryptopia. Pesetacoin is traded on the Bittrex.com exchange since November 2014.

Cryptocurrency traders can easily trade Pesetacoin on Bittrex platform and make a lot of gains by doing so. Soon, the platform looks forward to inclusion on other top exchanges, further extending its global reach in the process.

With the year coming to an end Pesetacoin has planned a lot of things for the years ahead. To give an overview of what’s in store for the future, they are launching their 2018-2020 roadmap.

The team has also been organizing various community engagement programs, and one of them includes the designing contest, where people were encouraged to submit designed for Pesetacoin themed t-shirts and wallpapers.

More information about Pesetacoin can be found at http://pesetacoin.info

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Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

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From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

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