No talk among people now regarding the economy more than the digital currency of Petequin, the huge gains made and the rocket rise, everyone wants to know, and what after ?!
Despite the gains and the rise, but many do not know what is the currency of Petequin, and how to trade, and is it safe or not?
What is Petcoin?
Bitquin is an electronic coin (fictional or hypothetical) that is traded online only and does not exist materially or physically like other currencies such as dollars and sterling. It is used in transactions on the Internet and is not controlled by any central authority or banks.
The currency of Betcuain is based on thousands of computers worldwide that validate transactions and add more Betcuen coins to the system.
It first came out on January 3, 2009, and was aimed at changing the global economy in a way similar to the way online publishing and Web sites changed, transferring much of the media to the online.
Who invented it?
He was behind a person who called himself "Satoshi Nakamoto" and described the currency as an electronic cash system that relied on the principle of peer-to-peer, a technical term that meant dealing directly between one user and another without a broker.
But in 2016, Australian businessman Craig Wright revealed to the BBC that he was the inventor of the digital currency "Petcown", commonly known as Satoshi Nakamoto.
The first trading price between this currency and the dollar was published and 1 Petekween was $ 0.001.
Petechowen's applications, sometimes referred to as the KFU client, allow users to interact with the KFH network. In its basic form, the application allows generation and preservation of user-specific keys and connection to the peer-to-peer network of the currency.
Easy buying
Payment by KFH is easier than regular credit card purchases and can be accepted without having a merchant bank account.
KFHWIN payments are made through a program for the KFH portfolio, either through a personal computer or smartphone, by entering the recipient's address and the amount paid and sending it.
The Espresso Coffee Shop in Vancouver, British Columbia, Canada, hosted the world's first ATM machine for the Petit Coin on 30/10/2013.
Can you generate a coin?
In order to simplify the concept, we take the example of gold, which requires the extraction of specific equipment for this purpose and a great effort. The same for developers requires specialized equipment and software that decodes complex calculations, these programs are free on the Internet.
Anyone and his device can generate a home, but unfortunately, no matter how powerful his power is, he will not withstand the tremendous electrical pressure, and will be damaged, plus the electricity bill it will cause, and the solution lies in what is known as cloud mining.
Advantages and disadvantages
Low fees. Instead of the need for an intermediary between you and the trader to transfer money. This broker deducts a percentage of money with the currency of the Betquin. This process does not exist, because the currency has not been transferred, but the currency code is what came out of your wallet and entered into the other merchant's portfolio.
Confidentiality and privacy. The currency of the home is highly confidential, as it is not subject to any supervision by a bank or institution. All you need to send your home to someone else is its address.
A global currency, it is not linked to a specific geographical location can be treated as a local currency, as it is not linked to a particular country or central bank or even economy.
One of the main drawbacks of KFH is the process of encryption and secrecy over the method of generating ketone through complex equations, which may be an easy way to pass suspicious operations since they are not subject to any censorship.
KFH does not rely on any fair assets or valuations that can be used to predict the rise or fall of this currency.