Bitcoin’s greatest technological achievement was the blockchain - a distributed ledger that provided anonymity to anyone using it. The blockchain is “anonymous” because no one know who owns a Bitcoin address, but Bitcoin isn’t private . When you join the Bitcoin network you connect in a peer-to-peer fashion to many other Bitcoin nodes, and your IP address can be seen by those nodes you’re directly connected to. Seeing your IP address means that, though they don’t know who owns the Bitcoin address, someone can see that you connected. Verge is a direct descendant of Bitcoin, but with several improvements. Verge has a 30 second block-time, compared to Bitcoin’s 10 minutes, and can support up to 100 transactions per second, compared to 7 with Bitcoin. Also, Verge supports a number of different proof-of-work algorithms, some of which work best on CPUs, some on GPUs, and some on ASIC chips, meaning that anyone is able to mine Verge on a level playing field. It also w...
WHAT MAKES TBC A REAL DIGITAL COIN OR CRYPTO-CURRENCY?
ReplyDeleteTBC - THE BILLION COIN
1. IT HAS A BLOCKCHAIN EXPLORER THAT CREATES AND RECORDS A DIGITAL LEDGER OF TRANSACTIONS AND SHARE IT AMONG A DISTRIBUTED NETWORK OF COMPUTERS PUBLICLY.
2. IT USES CRYPTOGRAPHY TO ALLOW EACH PARTICIPANT ON THE NETWORK TO MANIPULATE THE LEDGER IN A SECURE PROCESS WITHOUT A NEED FOR A CENTRAL AUTHORITY.
3. THIS PROCESS MAKES TBC A REAL DECENTRALIZED DIGITAL CURRENCY.
WHAT MAKES TBC UNIQUE AMONG DIGITAL CURRENCY?
1. TBC HAS A SOLID FORMULA FOR ITS OWN VALUE CREATION.IT IS BASED ON THE TOTAL NUMBER OF HOLDERS (USERS/MEMBERS) MULTIPLIED BY 1 EURO RATED BY 1% TO 5% DAILY DEPENDING ON THE GROWTH OF THE REGISTERED USERS.
2. TBC HAS THE ULTIMATE PRICE WHICH IS 1 BILLION EURO.
3. TBC DOESN'T NEED A MARKET TO PRODUCE ITS VALUE.
4. TBC IS A USER'S BASED CURRENCY THAT MAKES IT CALLED AS "THE FIRST ABUNDANCE BASED CRYPTOCURRENCY".
5. TBC IS SO UNIQUE IN TERMS OF WALLET FEATURES: IT IS THE ONLY CRYPTO-WALLET THAT HAS A GLOBAL CURRENCY CONVERSION OPTIONS. IT HAS A CUSTOMIZED FEES CHARGE OPTIONS FOR MINING FEE.
6. TBC WALLET HAS A LIVE TRANSACTION HISTORY WHICH CONTAINS CONFIRMATION AND THE TRANSACTION ID (TX ID) WHICH IS LINKING TO THE PUBLIC LEDGER THAT SERVES AS THE RECEIPT OF ANY TRANSACTION MADE IN THE WALLET.
WHY TBC BEHAVES FASTER THAN BTC?
1. TBC WALLET CONFIRMATION FOR ANY TRANSACTION WOULD TAKE FOR AT LEAST 1 TO 3 CONFIRMATIONS ONLY BEFORE THE COIN VALUE IS FULLY TRANSFERRED OR RECEIVED UNLIKE BITCOIN AND OTHER COINS IT WOULD TAKE FROM 6 TO 10 CONFIRMATIONS TO MAKE IT ACTIVE.
2. SO, IT IS FASTER TO MAKE ANOTHER BACK TO BACK ACTIONS FOR THE TBC WALLET AS COMPARED TO OTHER DIGITAL COINS.
3. TBC IS NOT DESIGNED FOR A NETWORKING OR MLM FUNCTIONS JUST TO GENERATE ITS VALUE. BECAUSE TBC PRODUCES ITS VALUE BASED ON THE NUMBER OF USERS ADDED DAILY. THAT'S WHY IT ONLY GOES UP ITS PRICE AND NOT GOES DOWN. IT MUST BE TRUE BECAUSE USERS ARE NOT DECREASING.
THUS, THIS IS HOW TBC GIVES MORE VALUE AND IMPORTANCE TO THE USERS THAN THE DEMAND OF THE SALES IN THE MARKET FOR MARKET BASED COINS.
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