BlueCoin BLU Token: Encrypted Bluetooth Payments Network?
Are you a BLU holder? Did you know that you could still make payments and earn interested from your coins without the need of Internet connection?
Well, it’s official. With BlueCoin currency, you can now make transactions offline while ensuring that your coins are stored safely.
But What is BlueCoin?
Bluecoin is a digital currency that has been used to make instant payments to any part of the world. It operates using peer-to-peer technology without a central authority. Meaning, all transactions such as money issuing and transfers, are carried out by the network. This is made possible by Bluecoin Core, an open source software that enables the use of Bluecoin currency.
Key Features of BlueCoin BLU Token
For the longest, investors have been dreaming of a currency that is truly censorship resistant. Bluecoin has finally made this dream come true. It utilizes encrypted Bluetooth mesh networks to make offline transactions possible. This has seen it transition into a great proof of stake velocity algorithm.
Bluecoin has a constant inflation rate of 3% per annum. This has always been a great way to reward balance holders and improve the economy.
Swift and Cheap:
You know these people who say that Bluecoin is the fastest and most inexpensive digital coin on the market today? They are probably right. All transactions made with Bluecoin confirm in one minute. What’s more, every payment sent using this coin costs only a penny. As if this is not enough, the currency is incorporated with Litecoin’s hashing power technology to make all transactions secure.
Benefits of BlueCoin BLU Token
Coin Holder Rewards:
Bluecoin ensures that holders of this currency get some interest without compromising their holdings. As long as they are supporting the network, they can be sure that they will receive something in return.
Transactions can be made anywhere. This means that currency holders do not have to travel to banks or stores to buy a product. They don’t have to worry about bank holidays, carrying out a foreign transaction, or crossing borders.
Control and Security:
Bluecoin is more secure than traditional methods of payments. Did you know that you don’t need to provide personal information to complete a transaction? All personal information is hidden from prying eyes to enhance security.
Fewer Risks For Holders:
Bluecoin transactions cannot be reversed. Therefore, coin holders are protected from potential problems and losses that may occur from fraud. This makes them able to conduct businesses even where crime and fraud rates are high.
Although Bluecoin has many positive sides, it has a downside too. For starters, many people are still not aware of digital currencies. There is also limited coins circulating in the market yet the demand for these increases every day. This is because Bluecoin is just starting out. However, with time and as more people become more aware of this currency, it will eventually succeed.
BlueCoin BLU Token Wrap Up
There you have it folks. The most reliable coin on the market today. Bluecoin has many advantages over physical currencies. However, it is a relatively new and young currency and people need to become more aware of it so that it can succeed. It is essential for people to understand what it is and its uses, and not allow their preconceived notions change the overall concept of digital currencies.