Découvrez Counos

Each country has its currency. Most European countries use the euro, the Russian ruble and the US dollar are US dollars. We use currency in banks or foreign exchanges, we transfer or invest money through banks and institutions around the world.

Virtual money is referred to as any money that can be transmitted over the Internet. PayPal, WebMoney, Bitcoin, and Counos ... are examples of virtual money.

In other words, Virtual money becomes a centralized and decentralized category. The decentralized virtual currency is called the term "cryptocurrency". Centralized virtual cash operates under the supervision of a particular intermediary company or institution. PayPal, for example, is a virtual currency.

Differences of centralized and decentralized virtual currency.

In the area of decentralized virtual money, transactions are conducted by a distributed database called Blockchain, and no particular company owns them.

In centralized virtual currency, the currency is supported by traditional currencies. For example, PayPal is a dollar. Somehow PayPal cannot be said to be a currency. For example, you will receive 1,000 PayPal units with a charge of $ 1,000 and will receive $ 1,000 of redeemable sales time. Centralized currencies are provided by a particular company, in other words, its wallet is only accessible on one or more specific sites. You also need to register to use them.

 

 

What is counos?

Each country has its currency. Most European countries use the euro, the Russian ruble and the US dollar are US dollars. We use currency in banks or foreign exchanges, we transfer or invest money through banks and institutions around the world. Transactions in this network are peer-to-peer and without intermediaries. This means that we do not need centralized entities such as banks or other institutions to conduct operations. The main difference between Conus and standard currencies is decentralization. Counos works on a decentralized database called the Blockchain.

What is the blockchain?

In simple terms, in today's world, more than 80% of our daily business affects companies and intermediary organizations. When you open an account in a bank account or log in to your email, you're getting help from intermediary organizations. Companies and intermediaries control all of your information. For example, when you send a message to your friend on the Whatsapp or Instagram, you send this message to the Instagram database, and the Instagram database sends it to your friend.On the Chains cell databases, data is distributed among millions of computers, and no one can control the data. And if someone wants to hack a cell Chain, they should have over 51 percent of the networked computers protected by advanced encryption. It's almost impossible to hack.

For the same reason, Counos and other cryptocurrency has quickly become popular and is moving fast toward economic peaks. Counos can do transactions quickly and easily without having to register or medium companies. Nowadays, global stores and corporations have made purchases with Counos or are in the process of accepting it.