Reverse Protocol (RVRS)
Details about Reverse Protocol cryptocurrency
€1,576
7,084,977
5.462
Unknown
https://app.reverseprotocol.one/
@RVRSProtocol
Reverse Protocol price charts
RVRS exchanges
Reverse Protocol, the crypto
Reverse Protocol (RVRS) is a decentralized application that aims to empower users to protect their assets by providing a trustless escrow service with a built-in arbitration system.
The point
The main point of Reverse Protocol (RVRS) is to create a secure and reliable escrow service that provides protection to buyers and sellers in peer-to-peer transactions. The platform achieves this by leveraging smart contracts on the blockchain to ensure that funds are only released to the intended recipient once all conditions have been met.
The problem
Reverse Protocol (RVRS) tries to solve the problem of trust in peer-to-peer transactions. In traditional peer-to-peer transactions, both the buyer and seller have to trust each other to complete the transaction. This can lead to disputes and fraud, ultimately resulting in loss of assets for one or both parties. Reverse Protocol provides a solution by creating a trustless escrow service with an arbitration system that ensures fair resolution of disputes.
Compare RVRS and BTC performance
Timeframe | RVRS | BTC |
---|---|---|
1h change | 0 % | -0.0469625 % |
24h change | 0 % | -1.9067 % |
7 day change | 0 % | 3.32927 % |
14 day change | 0 % | -4.35112 % |
30 day change | 0 % | 22.9516 % |
200 day change | -91.33 % | 164.34 % |
Year change | 0 % | 155.003 % |