Although the cryptocurrency market is still quite new hence uncertain, cryptocurrencies are an exciting new development especially in the world of fin
Although the cryptocurrency market is still quite new hence uncertain, cryptocurrencies are an exciting new development especially in the world of finance. No one really knows exactly where this technology will lead but the fact is that this technology offers a lot better possibilities compared to traditional cash. But with so many cryptocurrencies in the market today, finding a cryptocurrency that suits all your needs can be difficult. So to assist you, we compiled a comprehensive BlackCoin review.
What is BlackCoin?
This is a fully proof-of-stake cryptocurrency that is free and users usually get paid to keep the network secure. It is like a peoples bank and is very transparent because users are required to share bank history. Unlike some cryptocurrencies, BlackCoin uses open source software and is anonymous hence its safety can easily be audited. It is therefore more secure compared to traditional payments and banking. In addition, BlackCoin is quite fast thereby allowing you to send money to any person in the world in a matter of seconds.
This system gives you the permission to verify your transactions and is quite safe. This means every time a user stake coins from the wallet, they usually get the right to verify their next transaction. And those who stake the highest number of coins win the right to be able to verify their next transaction. The system process transactions faster and uses less power compared to proof-of-work systems. This therefore means users don’t have to worry about miners or power wasting.
*Great Customer Support
The developers of BlackCoin maintain great customer support both online and offline as well. They are active on IRC, Twitter, Reddit and FaceBook so users can get help or ask them questions about the cryptocurrency anytime and receive quick response.
BlackCoin is not a private entity as some people could think. Any person can be part of the cryptocurrency. The software that BlackCoin uses is open to the public for auditing. This is to give the users peace of mind in terms of its safety.
Users don’t need to provide their true identity to use this technology. This means that any person can open an account with BlackCoin, receive and send money anywhere in the world using the same anonymity.
Whether you are interested in making a promising investment opportunity or you just want to make anonymous global transactions, BlackCoin cryptocurrency is the way to go. It is safe therefore very difficult for malicious hackers to even steal.