Request
What is Request (REQ)? Request(REQ) utility token launched on 2017, ensuring the performance and stability of the Request network. The Request network itself is an Ethereum-based decentralized payment system that allows anyone to request payment and receive payments securely. It eliminates the need for third parties, thereby providing a lower-cost, more secure payment solution suitable for all global currencies. When users create a payment request, they define the address to which the payment should be allocated and the amount. Users can also define the terms and conditions of the payment, upgrading a simple request into an invoice. Once completed, users can share their payment request with the counterparty. Every step is recorded and stored on the Request network, allowing all participants to easily track all invoices and payments for accounting purposes. Request also integrates legislation from around the world to remain compliant with each country's trade laws. Who are the founders of Request? The founders of Request are Christophe Lassuyt and Etienne Tatur. Christophe Lassuyt is currently Request's Chief Financial Officer. Before holding this position, he co-founded MONEYTIS. Etienne Tatur is Request's Chief Technology Officer. Before that, he also co-founded MONEYTIS, and served as a lead developer at the music streaming service QOBUZ. What makes Request unique? On Request, payment can be completed simply by sending an invoice through the blockchain; the counterparty can then detect the request and make a one-click peer-to-peer payment. The fact that payments are push-generated rather than pull-generated is one of Request's main advantages. Users do not need to share their account information. The use of blockchain technology also eliminates the need for third-party processors, thereby reducing transaction costs. The Request network uses decentralized blockchains such as Ethereum and IPFS to enhance security, privacy, and data ownership for end users. The platform does charge transaction fees, a necessary cost for broadcasting changes to the blockchain network. Transaction fees are used to incentivize miners to reach consensus on the state of the network.REQ can be stored in wallets such as MetaMask, MyEtherWallet, Ledger, Enjin, Trezor, Atomic Wallet, Jaxx Liberty, and Trust Wallet. How many Request (REQ) tokens are in circulation?REQ is a ERC-20 token that can be used to pay fees for using the Request network. Some REQ fees are burned at a rate determined by the current supply and the exchange rate against other currencies. As of 2021 year February,Request(REQ), the circulating supply was 999,912,165 REQ and the maximum supply was 999,983,984 tokens. How is the Request network secured?REQ is an Ethereum-based ERC-20 token. Requests submitted using REQ are stored on an immutable digital ledger. The ledger can also serve as proof for all auditing purposes.
Overview
What is Request (REQ)? Request(REQ) utility token launched on 2017, ensuring the performance and stability of the Request network. The Request network itself is an Ethereum-based decentralized payment system that allows anyone to request payment and receive payments securely. It eliminates the need for third parties, thereby providing a lower-cost, more secure payment solution suitable for all global currencies. When users create a payment request, they define the address to which the payment should be allocated and the amount. Users can also define the terms and conditions of the payment, upgrading a simple request into an invoice. Once completed, users can share their payment request with the counterparty. Every step is recorded and stored on the Request network, allowing all participants to easily track all invoices and payments for accounting purposes. Request also integrates legislation from around the world to remain compliant with each country's trade laws. Who are the founders of Request? The founders of Request are Christophe Lassuyt and Etienne Tatur. Christophe Lassuyt is currently Request's Chief Financial Officer. Before holding this position, he co-founded MONEYTIS. Etienne Tatur is Request's Chief Technology Officer. Before that, he also co-founded MONEYTIS, and served as a lead developer at the music streaming service QOBUZ. What makes Request unique? On Request, payment can be completed simply by sending an invoice through the blockchain; the counterparty can then detect the request and make a one-click peer-to-peer payment. The fact that payments are push-generated rather than pull-generated is one of Request's main advantages. Users do not need to share their account information. The use of blockchain technology also eliminates the need for third-party processors, thereby reducing transaction costs. The Request network uses decentralized blockchains such as Ethereum and IPFS to enhance security, privacy, and data ownership for end users. The platform does charge transaction fees, a necessary cost for broadcasting changes to the blockchain network. Transaction fees are used to incentivize miners to reach consensus on the state of the network.REQ can be stored in wallets such as MetaMask, MyEtherWallet, Ledger, Enjin, Trezor, Atomic Wallet, Jaxx Liberty, and Trust Wallet. How many Request (REQ) tokens are in circulation?REQ is a ERC-20 token that can be used to pay fees for using the Request network. Some REQ fees are burned at a rate determined by the current supply and the exchange rate against other currencies. As of 2021 year February,Request(REQ), the circulating supply was 999,912,165 REQ and the maximum supply was 999,983,984 tokens. How is the Request network secured?REQ is an Ethereum-based ERC-20 token. Requests submitted using REQ are stored on an immutable digital ledger. The ledger can also serve as proof for all auditing purposes.