Bitbon Transfer, Pricing Policy And Other Features Of The Bitbon System

2018-9-12 13:45

Today, any crypto platform requires an advanced mechanism to enable transactions between its users. When it comes to crowd investing platforms like the Bitbon System, such a mechanism must be extremely reliable, quick and cheap.

All of these things become possible due to the Bitbon Transfer service, which is a special component of the Bitbon System and has the following properties and functionality:

Ability to transfer any part of the Bitbon nominal value up to 8 decimal places;

Execution of transactions between users’ Assetboxes (Bitbon wallets) without any commission;

Cold storage of Bitbons via Safebox;

BTSC (Bitbon Transfer Security Code) — additional protection of transfers by means of a four-digit PIN code;

zk-SNARKs — zero-knowledge proof algorithm at the core of security systems built into the nodes of the Bitbon System Blockchain;

Application of a protection code, which has a validity period;

Protection against attempts to use the transfer service inappropriately (automatic fee deduction when a user carries out an excessive number of transactions over a certain time period, for example, by using a bot).

Continue reading Bitbon Transfer, Pricing Policy And Other Features Of The Bitbon System at Crypto Daily™.

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