Part of HandCash’s mission is to unlock the potential of horizontal micro and nano payments, which doesn’t just mean peer-to-peer payments but splitting payments between many people.
Supposing there was a virtual currency that could be converted easily to and from regular money and could be used across a wide range of games. That’s what Duro is, and it’s going to be marketed by the Bitcoin SV wallet Handcash.
The public first heard of HandCash's Duro idea last week, but as Alex Agut tells Jon Southurst on The Bitcoin Bridge, the plan has been around for a long time.
Duro is a unit of account that refers to 500 satoshis on the Bitcoin SV network, which HandCash says will make pricing and payments for small items easier.
Duro equate to groups of 500 satoshis, with no decimals. This is crucial for accomplishing one thing that's never been done before: pricing digital goods and in-app actions in a universal, internet native currency.
