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More about cryptocurrency

What is cryptocurrency?
A cryptocurrency is a virtual money, which unlike fiat money does not have physical terms. "Coin" is a unit of such currency, which is English for "coin". A feature of monetary unit is the protection against counterfeiting, because data encrypted in it cannot be duplicated.

A key feature of cryptocurrencies is that there are no internal or external manager. Therefore, banks, tax, judicial and other public or private authorities can not affect the transactions of any participants in the payment system. Cryptocurrency transfers are irreversible - no one can cancel, block, dispute or force (without a private key) a transaction. However, cryptocurrencies can be mutually temporarily blocked by the parties to the transaction as collateral or they can determine that the agreement of all parties (or any additional) is required to complete/cancel the transaction.

Feature of cryptocurrencies
Open source. This feature provides an opportunity to everyone to mine virtual coins. The complexity of the process notwithstanding, many people still make a living in this way.
Anonymity. Unlike classic e-money with easily traceable transactions, an information about the owner of cryptocurrency wallet cannot be obtained. Only the wallet number and limited account details are available.
Decentralization. Cryptocurrency is an independent monetary unit. No one regulates its emission and controls movement on an account. This feature attracts many net members.
Limitations. As a rule, the supply of cryptocurrency is finite, which eliminates the risks of inflation because of excessive activity of the issuer.
Reliability. You cannot hack, counterfeit or perform other virtual currency manipulations — it is securely protected.

Cryptocurrency calculator


The project was created in early 2018 and has already given a start to beginners in the area of blockchain technology.

"CreateMyCoin" project has been very successful, because a huge number of people want to create their own cryptocurrency, but have no knowledge of programming.
Now everyone who is engaged in business, blogging or some hobby, has a great opportunity to create their own cryptocurrency and move to a new level of development.
By creating your coin, you are offered many opportunities: Incentives for participants (subscribers), Contests, Lotteries, Coins sales, Fundraising, Charity, etc.