Exchange crypto currencies, waves and ERC 20 tokens.
Make yourself a Bitstarter and join our crypto community.
List your token with just one click.
We are a young team with huge ambition. We present ourselves as a solution in the market. Our system is simple and intuitive. Our rates are low and extremely competitive.
How Blockchain Works
It works with Blocks, where as spreadsheet works with “rows” and “columns”. A block in a blockchain is a collection of data. … Blockchain is a distributed ledger, which simply means that a ledger is spread across the network among all peers in the network, and each peer holds a copy of the complete ledger
- Create data shards. The storage system breaks the data into smaller segments, a process called sharding. …
- Encrypt each shard. The storage system then encrypts each data shard on the local system. …
- Generate a hash for each shard. …
- Replicate each shard. …
- Distribute the replicated shards. …
- Record transactions to the ledger.
- Greater transparency. Transaction histories are becoming more transparent through the use of blockchain technology. …
- Enhanced security. There are several ways blockchain is more secure than other record-keeping systems. …
- Improved traceability. …
- Increased efficiency and speed. …
- Reduced costs.
Fast and Global
One reason why blockchain often emerges as an answer to many problems is that it is easy to imagine high-level use cases of blockchain technology. … While a database requires a central authority to maintain and manage data, blockchainoffers a decentralized approach to storage and verification of data
Blockchain systems use asymmetric cryptography to secure transactions between users. In these systems, each user has a public and private key. … This provides an increase in security and protects from hackers. Public keys can be shared with other users in the network because they give away no personal data.
A blockchain, as the name implies, is a chain of digital “blocks” that contain records of transactions. … Unfortunately for those ambitious hackers, blockchains are decentralized and distributed across peer-to-peer networks that are continually updated and kept in sync
blockchain is innately secure. … Private keys are even more secure as they are considerably longer. It is in this way that blockchain offers a greater level of security to the individual user as it removes the need for weak and easily compromised passwords and online identities.
They keep a record of all transactions (sell, buy, exchange) related to the currency and store them on Blockchain. A cryptocurrency wallet store private and public keys for a transaction. … These keys work very similar to the lock-and-key concept- your lock (private key) and keys (public key).
Are You Looking Dive Into Crypto?
What are crypto currencies
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Digital Currency Market Values
Some of the cryptocurrencies you can buy
About Bitstarter and licenses
Activity licence FRK000491
|Category:||Financial services Providing a virtual currency wallet service|
|End of validity:||termless|
Activity licence FVR000578
|Category:||Financial services Providing services of exchanging a virtual currency against a fiat currency|
|End of validity:||termless|
Subscribe For Updates