Cryptocurrencies are fast on the rise with new forms coming up each day with individual currencies completely separated from the others which allow fo
Cryptocurrencies are fast on the rise with new forms coming up each day with individual currencies completely separated from the others which allow for a totally private transaction as well as a mining system whose blockchains are totally decentralized thus allowing for completely anonymous transacting. BitcoinDark, for instance, allows its members to share in the rewards of keeping the currency alive which result into greater payouts for the individual miners working second by second to verify transactions and generate these coins in the process.
BitcoinDark is a complete financial system with mines, exchanges and miners. It ensures miners are able to generate their own currency and keep it completely secure. That makes BitcoinDark very different from the ordinary financial systems used by governments that are vulnerable and prone to misuse by their administrators. For BitcoinDark, there is no single administrator since everyone takes part in the generation and processing of the currency hence total security and confidence for all the people involved.
The BitcoinDark pegged asset exchange allows you to do trading with the currency by buying and selling pegged assets. This too is totally decentralized and does not present any single point of failure thus ensuring that your trade takes place in complete anonymity and transactions only get to be recorded in your ledger. Things such as government interference is not possible with BitcoinDark as it is for anonymity and privacy more so in regard to financial transactions which most governments are keen on monitoring for their own selfish gains.
By using BitcoinDark, you become your own bank and have to accept to take on all the responsibilities that come with it. You also get to enjoy privileges that not most people are privy to which places you into a totally different category of financial institutions. Just like other currencies, cryptocurrencies have their own standards such as exchange rates and the value of the money which can vary and keep on fluctuating over the course of time, a factor that has led to the establishment of bitcoin exchanges for people looking to trade their cryptocurrencies for other forms of currencies that are more widely accepted. BitcoinDark though, has got plenty of advantages when placed alongside other currencies in the sense that privacy is maintained, the value of the currency is never degraded too steeply like governments do with their currency and it is more secure than carrying cash which could be stolen, grabbed while in a purse or destroyed in an arson attack.