Return to site

The BitCoin BitClub Guide - Part 15

· Bitcoin,BitClub Network,Crypto Currency

If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin on your behalf to grow a stable and increasing investment for you, please Join BitClub Here For Free. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions Contact Clyde Thorburn Here.

bitcoin bitclub network crypto currency

Club Coin. Why ClubCoin. ClubCoin is a peer-to-peer digital currency that has a decentralized and consensus based system where all transactions are viewed in a public ledger. This means nobody has control and everything is completely transparent to everyone on the network. This type of distributed network allows the coin to function without having to trust anyone. The concept of all digital currency is taking the control out of a central authority and putting it where it belongs, in the hands of the people. With ClubCoin you can transfer money between accounts with ease. You can send any amount to any other person and they will receive it fast and be able to spend it once the transaction is confirmed by the network. BitClub have fully integrated ClubCoin into the BitClub invoicing system for all products. This will allow you to use your virtual wallet balance to pay for any BitClub Network products offered, including this new Ethereum Mining Pool share.

 

Proof of Stake Method. ClubCoin uses the ‘Proof of Stake’ method to secure all transactions. This means whoever is holding ClubCoin can decide to use the coin to help verify the transactions in the ledger. This process is called staking and this is how the newly issued coins are introduced to the network. Anyone can stake coins and be rewarded with newly issued ClubCoin. All you have to do is download a wallet and keep the wallet online to process the transactions. This uses your computing power to distribute and verify the network and you get rewarded. ClubCoin uses open source code, which means everything is public and can be checked, this is what makes digital currency so powerful. Everything is transparent and available for viewing and nobody has any more authority than anyone else. Your authority only comes based on how much ClubCoin you are holding and staking and anyone can be part of this network.
 

Why use ClubCoin. Digital currency will only work if there is a distributed network for it to run on. This requires users to adopt the coin and want to use it. You also need merchants who will accept the coin as a form of payment and finally you need developers who will create tools, API’s and to help bridge the gap to make it easy and practical to use. Individuals. Anybody can start using ClubCoin to transfer money to friends, family or to pay for goods and services. ClubCoin gives you complete control over your money because you are the only one who can transfer it from your wallet to another wallet. Without your private key nobody can touch your ClubCoin, which makes it very safe and secure. You can also stake and earn 1% interest for helping support the network.
 

Read more about Bitcoin and The BitClub Network.

All Posts
×

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!

OKSubscriptions powered by Strikingly