The Bitcoin Standard Protcol is an initiative designed to replace dollar-based stablecoins, built on the ethereum blockchain.
The goal is to make the crypto economy fully independent and imunne to government influence.
Inspired by the Gold Standard, a new stablecoin was created based on Bitcoin, The Bitcoin Standard Protocol.
Since most stablecoins derive value confidence from the US dollar, the Bitcoin Standard Protocol is pegged to the one asset the entire crypto market truly trusts: Bitcoin.
However, the Bitcoin Standard stablecoin follows Bitcoin’s long-term trend, avoiding its daily volatility and providing real stability.
Bitcoin Standard Protocol is still in a very early phase, so feedback and suggestions are more than welcome and will help shape the future of the protocol.
submitted by /u/MeeTs2
[link] [comments]