Have they chosen the word "White" to spread some kind of racism? Well, the team hasn't claimed anything like that and the purpose of choosing this word is to define their service only. So, there is no need to be worried about such kind of rumors. Just read the information below and you'd realize that there isn't any kind of racism in this new concept.
The main problems of the big cryptocurrencies
It is an obvious fact that the cryptocurrency concept was introduced to help people get rid of the fiat currency. And everybody knows that the Bitcoin and Ethereum are the two giants in this industry. But the problem with these outdated concepts is that the advancements in the technology world have made the latest technologies even better, faster and easier as well.
One of the major problems that Bitcoin is facing at the moment is that its network consistently remains overloaded due to the huge number of transactions. This doesn’t mean that Ethereum is a better option as compared to the Bitcoin because decentralization is the most important element of cryptocurrency that is not available in Ethereum. So, Ethereum is also not providing a secure way of investing your money.
Providing the Solution by Combining the Giants
Combining these two giants is the perfect solution to this problem. It doesn’t mean that Bitcoin White is a joint venture of both these giants. But the concept of Bitcoin White is developed by combining the best technologies of both these giants. The most important thing about their token is that they have started their journey from scratch.
Additionally, they are dominating all their competitors by providing a high-speed technology of transactions. They have developed their system after getting some inspiration from the FDDI technology and the history of internet creation.
The main purpose of introducing this new concept is to increase the speed of processing transactions. They have developed a new sandbox mechanism that will keep the server and the owner’s information save from all types of theft attempts.
Bitcoin White Wallet
Bitcoin White has introduced a new technology that is known as the SmartSending technology. This technology enables the users to transfer their funds in different circumstances without having to be worried about any kind of deception. All the transaction process is directly addressed on the user side so, you won’t have to pay any extra amount for the execution of algorithms.