Eternal Chain is an innovative payment network and a new type of currency.
Eternalcoin.io is your gateway to the world of the eternal chain. This technology is new and constantly evolving - having a guide would be helpful. If you want to dive, here are the things we suggest you do.
Choose your own fees
Receiving coins is free, and many wallets allow you to control the fees you pay when making purchases. Most wallets have reasonable default fees, and higher fees can help confirm your transactions faster.
Prevent fraud
Any enterprise that accepts credit cards or PayPal is aware of the payment issues that were later reversed. Chargeback fraud leads to limited market coverage, price increases, and ultimately punishes customers. Eternal chain payment is irreversible and secure, which means that the cost of fraud is no longer on the shoulders of merchants.
Fast international payment
Sending ETER coins across borders is as easy as sending them across the street. There is no bank that allows you to wait for three working days, international transfers have no additional fees, and there are no special restrictions on the minimum or maximum amount you can send.
No PCI compliance required
Accepting credit cards online usually requires extensive security checks to comply with PCI standards. Eternal Chain still requires you to protect the security of your wallet and payment requests, but you do not bear the costs and responsibilities associated with handling sensitive customer information, such as credit card numbers.
Get some free visibility
ETER coins are an emerging market, and new customers are looking for ways to consume ETER coins. Accepting them is a great way to acquire new customers and give your business some new visibility. Accepting a new payment method is often proven to be a clever approach for online businesses.
multi-signature
The Eternal Chain also includes a multi signature feature that allows Bitcoin to be used only when a subset of people authorize transactions. For example, the board of directors can use this to prevent members from making expenditures without sufficient consent from other members, and to track which members allow specific transactions.
accounting transparency
Many organizations are required to prepare accounting documents related to their activities. The use of Eternal Chain can provide the highest level of transparency, as you can verify balances and transactions by providing information through blockchain. For example, non-profit organizations can show the public how much donations they have received.