What is the main advantage of PrivatePay?
As long as the paper exists and crypto not arrived in mass adoption one of the most interesting features in crypto is to cash out coins directly to fiat money without third partys - especially exchanges.
PrivatePay is a new decntralized crypto currency that wants to revolutionise Blockchain Technology with the ability to transfer XPP coins directly to fiat currency with debit cards and a monthly bill payment system!
Get access to your xpp coins via ATM (automated teller machine) to cash out directly to fiat or simply use them to buy at stores with a personalised debit card and ePOS system (Electronic point of sale)
The difference
PrivatePay provides a simple & useful crypto-currency on a user-friendly UI with full control over payments like you experience in any other banking systems. Applications for mobile phones are essential needed and right now in developement for android & iOS.
Security & privacy are also main features in PrivatePay. The cryptonight algo adopts RingCT technology ensuring private and secure transactions wich are untraceable. The RingCT technology enforces anonymity by hiding information relating to the transaction - "Who sent it? Who received it?". Security is paramount and this is why your coins will only be accessible to those who owns the private key.
Features
XPP and ePOS Systems
PrivatePay cooperates with a company for a service to use PrivatePay Debit cards in shops around the world This will be definately a revolution in crypto because these debit cards link transactions directly into our blockchain. XPP will be taken from your deposit balance and automatically sent to the 3rd Party API. Your balance will then be sold instantly credited to your debit card. This method allows instant access to your wallet via ATM to withdraw in real money or spend directly in a store.
Direct Debits
Schedule monthly payments from XPP towards your bills. PrivatePay offers the ability to pay schedule payments as if they were direct Debits which are used in fiat currencies across the globe. Within the mobile & web application you can send XPP to payees and the revolutionary 3rd Party API will swap directly to the receiving recipients fiat currency.
Online Banking
PrivatePay wants to be your daily banking service but with crypto. Check your balances directly within the web or mobile application. Cryptocurrencies often provide complicated interfaces. Sending XPP to friends or exchanges is just simple and wallet easy to use.
XPP Coin specs
Supply: 18.4 Million Max Supply
Block time: 120 Second Block Time
Rewards: Linear Block Rewards (Decreasing Over Time)
Algo: Cryptonight-Fast PoW (ASIC Resistant and Nicehash Resistant)
Links
Website: https://goprivatepay.com/
Whitepaper: https://github.com/GoPrivatePay/WhitePaper
Explorer: https://explorer.goprivatepay.com/
Blog: https://goprivatepay.com/blog/
Wallets CLI (linux, osx, win): https://github.com/GoPrivatePay/PrivatePay/releases
Wallet GUI: https://github.com/GoPrivatePay/PrivatePay-GUI/releases
Paper offline wallet: https://goprivatepay.com/offlinewallet/
Web wallet: soon
Mobile wallet: soon
Mining Pools
https://pool.goprivatepay.com/
more mining pools find on PrivatePay website...
More Links
Bitcointalk Ann - https://bitcointalk.org/index.php?topic=4496100
Telegram: https://t.me/joinchat/ImK8-BDtR1JGg0nvvasnBg
Twitter: https://twitter.com/pay_private
discord: https://discord.gg/TQYXYaP
reddit: https://www.reddit.com/r/XPP/
Exchanges
coming soon...
Conclusion
PrivatePay mainnet Launch was at 30th june 2018. So this is just an early stage and very young coin. It will need some time for developement and all neccessary steps to run it legit but i am very confident that PrivatePay can be successful and deliver all promises. Not at least because the project is backed by huge financial investor.
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