Cryptocurrencies are used for initiating and completing transactions that are free of intermediary presence.
You will think that merely using crypto-assets for payments is the standard for decentralized transactions.
Not all transactions involving cryptocurrencies are decentralized because the details of most of them are public.
That is why thousands of cryptocurrency investors are leaning more to the side of privacy coins because these coins offer a better security mechanism.
**WHAT IS A PRIVACY COIN?
A privacy coin is a digital asset or cryptocurrency that is used for facilitating transactions that you don’t want to be public.
Besides, the concept of privacy coins is meant to bolster the main aim of cryptocurrencies, which is to decentralize how payments are made.
THE QWERTYCOIN PRIVACY COIN
Qwertycoin is not the first privacy-focused crypto coin. However, I found out some unique features it has, but many other privacy-focused coins do not have them.
TARGET MARKET
The target market for Qwertycoin is the privacy coin market, where the likes of Verge Coin are already holding sway.
Investors who want to facilitate anonymous transactions are also on the list of the beneficiaries of all that Qwertycoin has to offer.
WHY YOU SHOULD USE QWERTYCOIN
If Qwertycoin lives up to its words, it means that you will benefit a lot from using it for your privatized transactions.
Here are some reasons why you should use Qwertycoin the next time you want o pay with crypto:
1- Qwertycoin is Safe
The first feature is based on the anonymity of the coin. Qwertycoin derives its safety from the anonymous network that masks the details and personal information of the transacting parties.
The second feature is that Qwertycoin uses a Peer-to-Peer (P2P) protocol that promotes decentralization. That way, only you and the other transacting party are aware of the transaction.
2- Community Currency
We have many instances of one or more individuals claiming some crypto-assets. That is why Bitcoin (BTC) will continue to remain tops for many years to come – because the team isn’t particular about claiming ownership or leadership.
The idea behind the Community Currency feature of Qwertycoin is that the community or the investors in the coin will be ones to dictate how the value turns out.
As a real decentralized community currency, Qwertycoin wants to ensure that nobody owns or controls the coin.
That way, it will be independent, while opening up more doors of opportunities for privacy-focused coins.
3- Globalized Payments
Trading with cryptocurrencies or buying something with the same can be easy if the currencies are accepted worldwide.
For now, the real-world use cases of Bitcoin and some other cryptocurrencies are limited because they are only accepted in a few places.
Qwertycoin takes the bull by the horns by operating a globalized payment system that allows you to use the coin anywhere, anytime, and from any device you want.
FINAL WORDS
Qwertycoin aims to become a standard of sorts in the privatized cryptocurrency payment system.
Do you think it can achieve that?
USEFUL LINK:
Whitepaper: https://wp.qwertycoin.org
Telegram: https://t.me/qwertycoin
Facebook: https://www.facebook.com/Qwertycoin-422694361519282/
Discord: https://discord.gg/U5amwCs
Twitter: https://twitter.com/Qwertycoin_QWC
Reddit: https://www.reddit.com/r/QWERTYCOIN/
Medium: https://medium.com/qwertycoin
AUTHOR’S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary