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Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively,
At a rate which is defined when the system is created and which is publicly known.

In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers.

In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it.

The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto.

A little help for those who want to subscribe in a difficult time The goal of Cryptoforecast is to give everyone the opportunity to use the service in demo and make it easier for those who want to subscribe.

Nowdays the high fees of the market, and the highest withdrawal fee of Cryptopia, make it difficult to purchase. To facilitate our users we decided to allow the transfer of funds directly from your Cryptopia account to a dedicated Cryptocopia account.

By this way there will be no additional cost!

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According to Our Team, a cryptocurrency is a system that meets six conditions:
  • The system does not require a central authority, distributed achieve consensus on its state.
  • The system keeps an overview of cryptocurrency units and their ownership.
  • The system defines whether new cryptocurrency units can be created. If new cryptocurrency units can be created, the system defines the circumstances of their origin and how to determine the ownership of these new units.
  • Ownership of cryptocurrency units can be proved exclusively cryptographically.
  • The system allows transactions to be performed in which ownership of the cryptographic units is changed. A transaction statement can only be issued by an entity proving the current ownership of these units.
  • If two different instructions for changing the ownership of the same cryptographic units are simultaneously entered, the system performs at most one of them.

Today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.
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