VERY EFFICIENT COST TOKENPAY IN LIFE
Virtual currencies are often called cryptocurrencies mainly through their cryptographic technical details. Cryptocurrencies represent the next level in the evolution of money. The technology behind this is called blockchain. Blockchain is gaining popularity in recent years, thanks to Bitcoin, created in 2008, a blockchain-based cryptocurrency.
The basic problem is that traditional financial institutions and the relevant regulations are not adapted to the crypto-crypto. The concept of a commercial bank was designed and conceived hundreds of years ago. This is the initial stage of the transition towards the decentralization of the financial world. But there is resistance. Strong and well-established institutions are not interested in conducting cryptocurrency transactions. And the influence of a strong group of special interests ensures that traditional banks do everything possible to resist this new form of capital. However, blockchain technology allows the use of cryptocurrency.
TokenPay
The TokenPay platform has been designed in such a way as to combine the strength of established banking institutions with the flexibility and future potential of crypto-currency. This network allows you to exchange Bitcoin, Ethereum and other major cryptocurrencies by filling the fiat transition gap. It also allows unrestricted access of users to cryptocurrency funds at merchants' points and the sale of ATM locations around the world. Users will be able to store Bitcoin and other cryptographers in a secure and insured portfolio, similar to the one a customer has in a regular bank for personal accounts. As a result, counterparty risk is naturally minimized with the help of licensed and related banks. The TPAY token sales fund is intended to complete the acquisition process. The bank will operate in a manner that will meet and understand the unique needs of global cryptocurrency holders.
TokenPay vision
TokenPay is designed to enable customers to easily simply encrypt transactions on hard drives. TokenPay conducts negotiations to create a new bank card, acquire a bank or partner in a 20-year-old bank in an attractive privacy-based jurisdiction. In addition to the customer benefits of cryptocurrency, TokenPay plans to introduce a full set of commercial services via the powerful banking platform TokenPay. All charged fees and charges will be denominated in the TPAY digital token, which has been thoroughly tested and developed. TPAY is an ultra-private coin that in many respects outperform Bitcoin's functionality. It contains a number of unique functions, such as a signature consisting of multiple signatures, a ring signature, a two-step stealth address, ZK (zero knowledge) and integrated and decentralized Tor network integration. TPAY is the basis for integrating the basic TokenPay cryptocurrency banking.
Design
TokenPay is a blockchain project that includes Bitcoin cryptographic technology with advanced security and privacy features. In addition, TokenPay is building a platform that combines closed banking and private exchange. This allows for wider acceptance of coins through consumer and commercial services.
Why is TokenPay based on Blockchain from Bitcoin?
In 2008, Satoshi Nakamoto published the white bitcoin book and blocking the source code. Nakamoto's goal is to create a digital currency. The one that is not centralized by the government or the federal reserve. It is open source and allows other cryptographers to improve the code. Until 2017, various developers have created many different crypts. Everyone claims they have better technology. However, Bitcoin still dominates the market. However, risks associated with new obstacles are usually subject to risks related to security and privacy. This is a TokenPay risk that should not be taken due to the critical nature of the application. TokenPay has introduced the most secure privacy and security features ever available, using a unique blockchain with a combination of bitcoin cores and proven features that are secure and easy to remember by privacy.
The two main differences between TPAY and Bitcoin are:
The basic problem is that traditional financial institutions and the relevant regulations are not adapted to the crypto-crypto. The concept of a commercial bank was designed and conceived hundreds of years ago. This is the initial stage of the transition towards the decentralization of the financial world. But there is resistance. Strong and well-established institutions are not interested in conducting cryptocurrency transactions. And the influence of a strong group of special interests ensures that traditional banks do everything possible to resist this new form of capital. However, blockchain technology allows the use of cryptocurrency.
TokenPay
The TokenPay platform has been designed in such a way as to combine the strength of established banking institutions with the flexibility and future potential of crypto-currency. This network allows you to exchange Bitcoin, Ethereum and other major cryptocurrencies by filling the fiat transition gap. It also allows unrestricted access of users to cryptocurrency funds at merchants' points and the sale of ATM locations around the world. Users will be able to store Bitcoin and other cryptographers in a secure and insured portfolio, similar to the one a customer has in a regular bank for personal accounts. As a result, counterparty risk is naturally minimized with the help of licensed and related banks. The TPAY token sales fund is intended to complete the acquisition process. The bank will operate in a manner that will meet and understand the unique needs of global cryptocurrency holders.
TokenPay vision
TokenPay is designed to enable customers to easily simply encrypt transactions on hard drives. TokenPay conducts negotiations to create a new bank card, acquire a bank or partner in a 20-year-old bank in an attractive privacy-based jurisdiction. In addition to the customer benefits of cryptocurrency, TokenPay plans to introduce a full set of commercial services via the powerful banking platform TokenPay. All charged fees and charges will be denominated in the TPAY digital token, which has been thoroughly tested and developed. TPAY is an ultra-private coin that in many respects outperform Bitcoin's functionality. It contains a number of unique functions, such as a signature consisting of multiple signatures, a ring signature, a two-step stealth address, ZK (zero knowledge) and integrated and decentralized Tor network integration. TPAY is the basis for integrating the basic TokenPay cryptocurrency banking.
TokenPay is a blockchain project that includes Bitcoin cryptographic technology with advanced security and privacy features. In addition, TokenPay is building a platform that combines closed banking and private exchange. This allows for wider acceptance of coins through consumer and commercial services.
Why is TokenPay based on Blockchain from Bitcoin?
In 2008, Satoshi Nakamoto published the white bitcoin book and blocking the source code. Nakamoto's goal is to create a digital currency. The one that is not centralized by the government or the federal reserve. It is open source and allows other cryptographers to improve the code. Until 2017, various developers have created many different crypts. Everyone claims they have better technology. However, Bitcoin still dominates the market. However, risks associated with new obstacles are usually subject to risks related to security and privacy. This is a TokenPay risk that should not be taken due to the critical nature of the application. TokenPay has introduced the most secure privacy and security features ever available, using a unique blockchain with a combination of bitcoin cores and proven features that are secure and easy to remember by privacy.
The two main differences between TPAY and Bitcoin are:
- TokenPay is a Proof-of-Stake system, and the Bitcoin network is supported by inefficient Proof-of-Work.
- TokenPay includes additional security and privacy features that are not included in the original source code that blocks Bitcoin.
Proof-of-Stake is a better digging system than Proof-of-Work
Proof-work or PoW is a capital-intensive process for obtaining Bitcoin. Any entity with the right tools and knowledge from the blockchain can "dig" or acquire Bitcoin. The bitcoin mining process involves acquiring expensive computers or "mining equipment" that use graphics power and electrical chip processing to solve advanced mathematical puzzles.
When the puzzle is resolved, the computer confirms the transaction that allows it to swap Bitcoin. By 2017, the cost of a single Bitcoin extraction will reach more than USD 1,000. The less Bitcoin will be available as a reward, the cost will increase only with the increase of mining competition.
Proof of Stake or PoS is a newer form of mining, called a forge. Coins are obtained as a function and are based continuously on digital purses. PoS is an energy-efficient way to get coins because no special mining equipment is needed. All you need is having a computer, laptop or mobile devices. The processor network creates a decentralized mining system. This allows the extension of the blockchain by users who store or store coins in the wallet. To obtain additional coins, the user must keep the appropriate open wallet. For example, if someone has a TokenPay wallet running on the desktop, the wallet allocates the percentage of available computing power to allow decentralized networks to complete the blockchain. This person is then rewarded with additional TPAY money to allocate computing power to the system.
TokenPay will have a total of 25 million coins ever produced. This is not a centralized currency money system in which the money supply can be increased by human decisions. TokenPay builds user-based communities by allocating 25% of the total number of coins produced for Proof of of Stake gifts. TPAY prizes are awarded at a rate of 5% per annum. The prizes are pre-evaluated and distributed daily. The average user, who has 100 TPAY in the wallet with the TokenPay logo, will receive 5 coins a year or 0,0137 TPAY per day.
Team
More Info:
Website: https://www.tokenpay.com/
Whitepaper: https://www.tokenpay.com/whitepaper.pdf
Facebook: https://www.facebook.com/tokenpay
Twitter: https://www.twitter.com/tokenpay
Telegram: https://t.me/tokenpay
ANN: https://bitcointalk.org/index.php?topic=2400499.0
author: Early valora
https://bitcointalk.org/index.php?action=profile;u=1534497
ETH: 0x10D894668E0fFb6142B8d72c8AA1BDa3702701B0
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