What is a virtual currency?

Why is not publicly generation algorithm Onecoin virtual currency?

What is a virtual currency?

Virtual currency or cryptomonezile are in a very simple way to explain, electricity lines of code converted into monetary value resulting from encryption or solving computer problems. Lines of code are unique and encrypted.

Who / what virtual currency issue?

Each virtual currency is issued by a single proprietary algorithm. Initializing the algorithm determines the total number of coins to be issued until the completion of the algorithm, the coin features, encryption level, the rate of mining etc etc. Default know from the start how many coins will be issued and the algorithm does not allow further changes after initialization only in the event of force majeure and only accepted community using them. So there is inflation. It is a limited number that can not be grown artificially as currency issuing new normal value increases due to the rarity of the system. The community is used by a bigger value increases.

Why is not publicly generation algorithm Onecoin virtual currency?

Onecoin is an exclusive system. Why ? Because only those who actively promote virtual currency company to benefit from the advantages it offers. Publication generation algorithm would enable any company or user to produce Onecoin, to take their share of coins mined daily without doing anything to promote currency or the company that created the algorithm. At the same time would allow individuals to quickly gain interest or destruction to intervene in the currency market. What if someone would enter the platform of exchange Onecoin and would buy tomorrow 10 million for one week everything is put on sale, as that would make the sale of dumped ... At the same time, I did not -aş like computer systems of the coin in my house, with maintenance costs, electricity, replacement of defective parts, noise, radiation, etc.

What gives value Onecoin a virtual currency?

Scarcity, limit the issuance, issuing suddenly finds its increasing growth of the community, convenience payments, the speed of transactions, security, uniqueness, minimum transfer costs, lack of inflation, anonymous transactions, control by supply and demand.

Discover what are Onecoin virtual currencies and how do you bring lots of cash.

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