Thecryptocurrency is not controlled by any state and not produced by any authority. Turnover of cryptocurrency is carried out only by the work of many computers around the world due to the use of one single program. This provides the high anonymity, which can be improved by the BestMixer.io.
The cryptocurrency nowadays
Cryptocurrency is a unique, radically new generation of electronic money that is created and operates exclusively on the Internet. The famous advantage of this system is the mix of high transparency and high anonymity of the system. This currency is not controlled by any state and is not produced by any state organization. Turnover of cryptocurrency is carried out by the work of many computers around the world due to the use of one single program.
In addition to the bitcoin network, there are about 800 cryptocurrencies in the world today, while the main market share is occupied by only two dozen systems. The creators of each new cryptocurrency try to make their model more perfect, reliable, and effective. Some systems provide a higher transaction speed, and there are those that give a greater level of anonymity. However, the bitcoin system is still the most effective, looking to a whole picture.
How does the cryptocurrency work?
The simplest way to understand the principle of the system in which a cryptocurrency is created is to see a book:
- Imagine that this book lies in the center of the table, behind which sit several people
- The book records the balance of everyone who sits at this table.
Each of these people can easily take the book from the table and look at the balance of any person, the information is open. At the same time, you can increase the anonymity with BestMixer.io.