Are you a new cryptocurrency investor? Many people started to invest in Bitcoin recently and learned a lot about cryptocurrencies. This means that many of these new investors have been looking for alternatives. The only problem in this situation is that there are so just too many alternatives to Bitcoin, so it can be nearly impossible to decide alone.
Fortunately, our blog can give you a hand in this task. We review many investments here and you will surely find one that will allow you to find an alternative to Bitcoin if you want to diversify your investments. Today, we are going to review a company called BitcoinDark.
What is BitcoinDark?
BitcoinDark is a cryptocurrency that works in a very similar way to Bitcoin, but has two main differences: the creators of this cryptocurrency do not believe that Bitcoin is anonymous enough and that the users should pay for the transactions that they make using the cryptocurrency. If you want to know more about BitcoinDark, you should read the BitcoinDark manifesto.
Storing the cryptocurrency in your own computer will enable you to get rid of brokers and other financial middlemen. BitcoinDark enables its users to really own their money and their investments.
How Does BitcoinDark Work?
The pillars of BitcoinDark’s actuation are divided into four categories: decentralization, anonymity, real-time exchange and key currencies.
Decentralization means that the community is important to BitcoinDark and that only a decentralized system can offer freedom to its users, which means that BitcoinDark will as decentralized as possible.
Anonymity means that the users will really have their identities secure when they use BitcoinDark. At the current moment, users of Bitcoin, for instance, can be traced with some considerable effort meaning that they are not as anonymous as they think that they are.
Real-time exchange means that the users can make exchanges really fast. While cryptocurrencies can take a lot of time to complete the transactions, BitcoinDark uses InstantDEX to be completely sure that the transactions will be much faster. InstantDEX allows almost real-time transfers with its technology.
Finally, the ability to connect your coins to real currencies, the “key currencies” factor, will make your coins be way less volatile than cryptocurrency in general is.
How to Invest in BitcoinDark BTCD Komodo Swap?
To acquire BitcoinDark, you will just have to download an online wallet and buy the cryptocurrency. It is a very easy process that is very much alike to buying Bitcoin and other popular cryptocurrencies.
There is one point that should be noted if you are using BitcoinDark, though. BitcoinDark is currently having a cryptocurrency swap to the Komodo coin.
What is the BitcoinDark BTCD Komodo Swap?
A cryptocurrency swap is when you exchange your old cryptocurrency for a new one because the company or group that manages the first cryptocurrency will no longer support it or is launching a new token which will have a better technology. The swap enables you to exchange a quantity of the first coin for the second one without having to pay any additional fee.
Komodo will be BitcoinDark 2.0. Using the zero proof of Zcash, Komodo will be even more secure and anonymous than BitcoinDark already is. You will be able to make the BitcoinDark BTCD Komodo Swap until January 18.
The BitcoinDark BTCD Komodo Swap Verdict
Is this cryptocurrency the right choice for you? BitcoinDark offers interesting features that make it interesting when you compare it with Bitcoin. The anonymity and decentralization, allied with its speed and performance are some of the best of them. The only downside compared to Bitcoin is that BitcoinDark BTCD Komodo Swap is not as valuable.
This can be a great investment for you, but you have to exchange your tokens for Komodo tokens as soon as possible if you decide to buy them. Because of this, you should buy them soon, too.
If you are interested in this cryptocurrency, go for it, as there is a pretty good chance that this will be an investment which can provide you with a good service and good return on investment.