Hello, community. In this post, we will tell you about digital currency features.

Digital currency is electronic money (or coins), which do not have a centralized emission center and paper equivalent so that they are not dependent on the decisions of state and regulatory bodies. Each unit of such money has its own digital code, reliably protected with the help of cryptographic algorithms.

The main features of digital coins include the following:

Decentralization. No one can independently influence the value of coins; their price is determined exclusively by the market: trade on specialized exchanges. Decisions about the fate of the crypt are most often made by community members.

Non-attachment of funds to any account, so that they cannot be destroyed or blocked. Intolerance to devaluation or inflation. The number of units is determined and announced in advance by the developers, which eliminates their depreciation and promises growth in the long term.

Reliable code protection with constantly improving encryption methods.

Anonymity and reliability of operations. Blockchain technology reveals to a third party only some data (wallet number and transfer amount) and does not allow fraudsters to make any changes to the transaction. There is also no need to provide your personal data, as in a regular bank.

Transactions are made between counterparties directly, without the presence of a third party and, accordingly, mediation fees.

Why are new coins issued?

Any digital currency is created in order to make a profit. Therefore, before you make your own cryptocurrency, you must carefully weigh the pros and cons. The most common reasons for launching a person’s crypto are:

the desire to bring their development to the stock exchange and make a profit on trade transactions;

the need to develop an internal payment system for customers on their own game server;

introduction of new Internet services for businesses and individuals;

personal interest in encryption technologies, programming and everything else that leads to the answer to the question of how to create a cryptocurrency.

Experts admit that digital money has serious problems, but it is the age of the market, its youth, that gives hope that it can still be solved. Even the most seemingly deadlock situations look quite fixable.

Our goal is to solve the main existing problems in the crypto market. In this way, we intend to benefit from decentralized technology while maintaining centralized value.