EchoSoraCoin ESRC

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$ 0.01162933

EchoSoraCoin Price (ESRC)

EchoSoraCoin to USD Price Chart

What is the current price of EchoSoraCoin (ESRC)?

As of the last update, EchoSoraCoin (ESRC) is trading at $ 0.01162933. In the past 24 hours, the price has increased by +0.00%%. Keep in mind that cryptocurrency prices are highly volatile and can change rapidly.

What Is EchoSoraCoin (ESRC)?

EchoSoraCoin, or ESRC for short, is a cryptocurrency that brings new security features to the digital wallet experience. It addresses the common issue of wallet recovery and security by introducing a 6-digit pin function that offers protection from unauthorized access. Additionally, ESRC has implemented a unique 12-word paper key system which aims to mitigate the risks associated with lost, deleted, or improperly managed electronic wallet devices. With this system, users are able to restore their wallets on various devices such as computers, tablets, mobile phones, or notebooks, ensuring that their EchoSoraCoin stays secure and retrievable.

How does EchoSoraCoin work?

EchoSoraCoin works by securing the user's cryptocurrency wallet with both a 6-digit pin and a 12-word paper key. When setting up an EchoSoraCoin wallet, the user is required to create a unique pin code that must be entered to access the funds. Additionally, the wallet generates a 12-word recovery phrase, often known as a paper key, which is essential for restoring the wallet if the device is lost or the wallet is deleted. By using these two security measures in tandem, EchoSoraCoin ensures that only the rightful owner has access to the funds and that the coins can be safely recovered if necessary.

What Makes EchoSoraCoin Unique?

EchoSoraCoin stands out in the crowded cryptocurrency market by focusing on solving a persistent problem that affects many digital asset holders: the loss of access to their electronic wallets. Its unique approach involving a dual-security method—combining both the 6-digit pin and the 12-word paper key—provides an added layer of security. This not only helps in preventing unauthorized access but also gives users peace of mind knowing that they can recover their assets across various devices. As a result, EchoSoraCoin offers a more reliable and user-friendly approach to wallet security and management in the cryptocurrency space.

How Is EchoSoraCoin’s 6-digit pin function different from other security measures?

Most electronic wallets rely on complex passwords or biometric security, but EchoSoraCoin has opted for a simpler and yet effective 6-digit pin system. This system is designed to be less cumbersome for users to remember while still providing a secure barrier against unauthorized users. The 6-digit pin is straightforward to use and quick to enter, offering a user-friendly experience without compromising on security.

What is the purpose of EchoSoraCoin's 12-word paper key?

The 12-word paper key is a fail-safe mechanism adopted by EchoSoraCoin to prevent total asset loss in the event of device failure or wallet deletion. Unlike traditional password systems which, once lost, can result in permanent loss of access to the wallet, EchoSoraCoin's paper key enables users to restore their wallet on any compatible device. It is a set of words that the user must write down and store securely offline. In the event of wallet recovery, this paper key is used to restore the user's funds, ensuring that EchoSoraCoin is always accessible to the legitimate owner.

How much EchoSoraCoin (ESRC) is in circulation?

EchoSoraCoin has a circulating supply of ESRC coins. Depending on the design of the cryptocurrency, there may be a total supply limit, which for EchoSoraCoin is set at 144.0M ESRC coins. This total supply limit, if present, ensures the scarcity and potential value retention of the cryptocurrency over time.

Where can you buy EchoSoraCoin (ESRC)?

If you're interested in purchasing EchoSoraCoin (ESRC), you can find it on the exchanges listed . When choosing an exchange, make sure it is reputable and offers the necessary security features to protect your funds. It's also important to compare fees, user experience, and customer service before making any transactions.

How do you keep your EchoSoraCoin safe?

Keeping your EchoSoraCoin safe involves a few critical practices. First, secure your 6-digit pin and ensure it’s something you can remember but hard for others to guess. Secondly, write down your 12-word paper key and store it in a secure, offline location—it is the only way to recover your wallet should you lose access to your device. Furthermore, use secure and updated devices for managing your EchoSoraCoin, and consider using additional security measures such as two-factor authentication (2FA) offered by many exchanges and wallet providers. Always be cautious of phishing attempts and scams, which are unfortunately common in the cryptocurrency world.

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