Cryptocurrency Q&A
What is CELO coin?
What is CELO coin?
CherryBlossomFalling
Tue Oct 29 2024
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7 answers
1306
CELO coin is a cryptocurrency that is part of the Celo project, aiming to build a user-friendly and efficient decentralized finance (DeFi) ecosystem. It focuses on providing financial inclusivity to the unbanked and underserved populations globally, utilizing a phone number as the user address to simplify access. Additionally, CELO coin operates on a Proof-of-Stake (PoS) consensus mechanism, emphasizing sustainability, and features stablecoins like cUSD for stability in volatile markets.
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7 answers
Raffaele
Thu Oct 31 2024
BTCC is recognized as a prominent cryptocurrency exchange.
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KimonoElegance
Thu Oct 31 2024
Its primary goal is to advance a more inclusive financial system.
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MysticMoon
Thu Oct 31 2024
Celo's design ensures accessibility for anyone possessing a mobile phone.
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Elena
Thu Oct 31 2024
This approach targets a vast and diverse global user base.
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Leonardo
Thu Oct 31 2024
Celo operates as a permissionless blockchain network.
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