Name: Maya Preferred 223
Also know as Maya Preferred
Maya Preferred 223
Maya Preferred 223 is backed by gold and silver reserves, making it one of the of the first cryptocurrencies to actually have real tanagable assets behind it. Maya Preferred 223 token is a faster implementation on a real decentralized immutable blockchain (Ethereum Classic) with usable smart contracts running on the Ethereum Classic Blockchain.
It is designed to be used as a decentralized ‘Stable crypto asset’ within the Ethereum Classic ecosystem and beyond. It avoids problems related to centralization as seen on Ethereum and security because it is powered by the Ethereum Classic Network and by globally distributed anonymous miners.
Since it follows a standard protocol (ERC223), it is stored in a traditional Ethereum Classic wallet such as Classic Ether Wallet or the Saturn Wallet. Since every MP token has been mined in a completely decentralized manner, there is no central body or central organization which controls or enforces any aspect of Maya Preferred 223.