Laser Coin is a cryptocurrency that uses an open protocol to facilitate secure payment transactions. The platform is decentralized and distributed to different nodes on the network. The platform is described as “nearly identical” to bitcoin because it was built on the bitcoin platform. Just like bitcoin, you can send LZR anywhere in the world. All transactions are recorded on the blockchain.
Aside from enabling blockchains to interoperate, Laser also adds other key same-blockchain functions that address current shortcomings of blockchain networks. For example, using an overlay protocol, transactions can be completed near-instantly (as opposed to taking several minutes or hours). Laser also offers an anonymity service, which scrambles coins of multiple transactions to prevent ownership of a given coin unit being traced through a public blockchain.
In the event that Laser Coin is indistinguishable to bitcoin, at that point for what reason do we require it? What issues does Laser Coin try to tackle? Essentially, Laser Coin is by all accounts connected to a loaning plan where you can acquire cash by staking it on the stage – like Bitconnect, Hextra, and different organizations.
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