Cryptocurrency faces a major problem of security which has held potential investors back from making full and stronger investments in the crypto space. Even though blockchain is designed to be secure there is still a little doubt to be left in how secure it actually is for investors and if the probability of there being a backdoor to the whole system.
Gold cryptocurrency is a type of cryptocurrency designed to solve the problem of security with cryptocurrencies by not only preventing hacking but also creating a safe mechanism in a case of hacking.
About Gold Cryptocurrency
GoldCrypto is an interesting global crytocrrency that fuses cryptocurrency as we know it and gold investments, that means that it is not as virtual as some other cryptocurrency because it is asset backed by real gold rather than being backed by other cryptocurrency, this is in order to reduce the level of volatility.
The technicalities of Gold crypto can be appreciated from two areas which are from its backing by physical asset and from its security.
Gold Crypto Being Backed By Physical Gold
The advantage of this quality cannot be overstated as another worry for crypto investors is how volatile the market is and how all investments can be reduced to nothing in a few seconds.
Gold crypto’s approach to solving this is by backing all the gold crypto Aux tokens by real life gold, which implies that it is not as volatile as other cryptocurrencies in the market and investors can afford to take their eyes off their charts for a moment relieving them of the ever present bother about the real value of cryptocurrencies.
The Security Of Gold Crypto Investments
Gold Crypto operates on a blockchain technology that allows for a public and transparent leger system which somewhat makes transactions safe and free from a level of dubious transactions as everything occurs openly through a permission ledger interface.
The Aux tokens are kept safe and hack proof by the use of CryptoSecure platform that makes use of a combination of different stages of securing protocols rather than just a few so that in an even of a hack, the stolen Aux tokens are useless to the hacker because they become worthless and are then returned to the original owner.
Investing In Goldcrypto Tokens
After solving the problems of volatility of value and security with cryptocurrency, it is an interesting crypto coin to watch and participate in. Participation is possible by chasing the GoldCryto Aux tokens in the running ICO that is scheduled to last until 31st August 2018, which offers early investors a 5% bonus and an opportunity to be among the pioneering investors.
Funds from ICO will be used to prepurchase real gold at a discounted price. In conclusion, in a world of finance and currencies that are ever evolving Gold has proven to be one of the most stable backing of money.
In this current crypto evolving world, it is important to invest in a cryptocurrency that not only protects the value of your investment sing gold asset backing but also secures them from potential cyber hackers and Gold Crypto has been able to do just that giving it a seat among the future of money as we currently perceive it.