Review on Celo Gold by Saleh Bayramli

Celo is a blockchain ecosystem that focuses on increasing the adoption of cryptocurrencies by smartphone users. By using your phone number as a public key, Celo hopes to allow billions of smartphone users around the world, including those without banking access, to use cryptocurrencies for transactions.

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CELO Coin Review

How to get Celo Coin? Chapter

What is CELO?

Celo (CELO) is a Proof of Stake (PoS) token used for transaction fees, administrative participation and related activities. The difference between Celo and other projects is that it focuses on smartphone users. The company argued that while the number of smartphone owners has grown exponentially, the number of people using cryptocurrencies has grown much more slowly.

It is said that Celo's goal is to build a financial system that will create conditions for prosperity for all. The Celo Foundation defines itself as a non-profit organization headquartered in the United States, supporting the growth and development of the open source platform Celo. Guided by the Celo Community Principles, the foundation is committed to education, technical research, environmental health, community participation, and ecosystem outreach.

You can become a Binance member through this link, trade more than 300 cryptocurrencies, and make money through loans and bets.

On the other hand, according to the statement issued, Celo is built on two basic values:

Unique purpose: Celo believes that everyone has their own unique development path, and personal achievement depends to a large extent on the potential of each other . Go down this path. To this end, we have adopted values ​​that allow people to maximize their potential. Commitment

: The platform believes that people's lives are mainly related to each other. It is generally believed that when individuals become members of a strong social community with meaningful relationships, that is, when they live in a healthy and happy whole, and adopt values ​​that strengthen society, they will be healthier and happier. In addition to these

, the platform features are as follows:

stable currency: Provides native support for multiple stable currencies similar to ERC20.

Phone number key structure: To facilitate user experience, phone numbers are assigned to addresses.

Chain governance: There are protocol changes managed through chain governance.

Personal Custody: Users have the right to access and control the private keys of their accounts.

Proof of Stake - A consensus algorithm that runs on a decentralized infrastructure.

Extremely Fast Synchronization: Provides fast mobile phone synchronization.

Transaction Fees: You can choose to pay the transaction fees in stable currencies.

Programmable - A programmable smart contract platform designed to be compatible with the Ethereum virtual machine.

CELO Coin Review The fact that the

Celo platform is specifically aimed at smartphones is considered an advantage by users. Because this is considered a positive feature in terms of adoption and ease of use.

However, although investors are optimistic about the future of the CELO coin, it can be seen that they are cautious about short-term investments.

According to CoinMarketCap data, Celo Coin, which was trading at $ 1.98 at launch, was also trading at the CELO / BTC parity price of 0.00005837 BTC. He also indicated that there are currently 124,447,717 circulating units of Celo Coin that will reach 1,000,000,000 Celo Coin.

It is also worth noting that CELO, which bottomed out at $ 0.7955 on May 22, 2020, hit a record high of $ 4.73 on September 4, 2020. How to get

Celo coins?

Celo Coin can be bought quickly and easily through Binance, the cryptocurrency exchange with the highest trading volume. It can be seen that Binance, the world's largest cryptocurrency trading platform.