Cryptocurrencies use peer to peer (p2p) technologies installed on networks, whose nodes are made up of users’ computers, potentially located all over the globe. These computers run special programs that perform coin purse functions. There is no central authority to control them, and transactions and releases take place collectively over the network, meaning there is no “centralised” management.
La prima criptovaluta che è stata creata è il Bitcoin BTC
E’ opportuno precisare che il numero di Bitcoin generabili è prestabilito in 21 milioni e la loro produzione, inversamente proporzionale alla durata, terminerà nel 2140.
Il controllo decentralizzato di ciascuna criptovaluta funziona attraverso una tecnologia di contabilità generalizzata (DLT), in genere una blockchain, che funge da database di transazioni finanziarie pubbliche.
There is no central regulator but transactions are stored and validated through a huge database distributed among all miners. Basically, Bitcoin are placed on the market through the mining process that involves the connection to the network and that, through the download of the open source software for Bitcoin blockchain, can start an extraction process based on calculations made by computers to verify the uniqueness and security of transactions. The computer that will finish the very complex calculation of the related algorithm will receive Bitcoin (or fractions of it) as remuneration.
Cryptocurrencies use peer to peer (p2p) technologies installed on networks, whose nodes are made up of users? computers, potentially located all over the globe. These computers run special programs that perform coin purse functions. There is no central authority to control them, and transactions and releases take place collectively over the network, meaning there is no ?centralised? management.
These unique properties cannot be exploited by traditional payment systems, which are therefore considered outdated by the new technology.
The decentralized control of each cryptocurrency works through a generalized accounting technology (DLT), usually a blockchain, which acts as a database of public financial transactions.
The first crypto currency created was Bitcoin (BTC), conceived in January 2009 by a computer scientist whose pseudonym, Satoshi Nakamoto, is based on the proof-of-work protocol. It is the first cryptocoin by value, the first to be known by the masses, and the first to be recognised as a form of payment by various Internet sites and merchants.
There is no central regulator but transactions are stored and validated through a huge database distributed among all miners. Basically Bitcoin are placed on the market through the mining process that involves the connection to the network and that, through the download of the open source software for the Bitcoin blockchain, can start an extraction process based on calculations made by computers to verify the uniqueness and security of transactions. The computer that will finish the very complex calculation of the related algorithm will receive as remuneration Bitcoin (or fractions of it).
It should be noted that the number of Bitcoin that can be generated is set at 21 million and their production, inversely proportional to their duration, will end in 2140.
The growth in value of coin, traded on special online markets (called exchanges), depends exclusively on the matching of supply and demand and is not subject to the control mechanism typical of Fiat currencies carried out through the use of monetary policies.
Since 2009 a very large Bitcoiners Community is developing all over the world, consisting of people who love this medium, accumulate it, through mining and trading, and want to use it as a payment system.
The numbers of the Bitcoiners
The current problem is that it is difficult to use Bitcoin directly in the real world, for example in everyday life it is still difficult to use it in the Supermarket, but the number of Bitcoiners continues to increase every day, indeed in the last three years it has had an increase of 400%, today it is estimated that more than 100.000.000 people own Bitcoin, but the growth curve is very marked and is comparable to the one related to the use of the Internet in the early ’90s.
How many consumers have cryptocurrency?
Share of respondents who own Bitcoin or similar digital currency in selected countries
CRYPTOCURRENCY OPERATORS ACTIVE ALL OVER THE WORLD
SWAGGY: THE PLATFORM TO SIMPLIFY THE USE OF YOUR BITCOIN
The exponential growth of the number of Bitcoin users, has seen a progressive approach to this technology, of a constantly increasing number of people, but, as always happens, the approach of the masses to new technologies, is strongly limited by the initial difficulties, linked to a generally complex system, which does not facilitate the inexperienced user and poorly predisposed to novelties.
In the light of these considerations, Swaggy was born: the easiest platform to enter this new world.
Swaggy is in fact the first exchange that really allows anyone to use BTC:
- In a simple way
- Making comprehensible what seems complex
- Making comprehensible what seems complex
- At a cost sustainable by anyone
Any user, resident in any country around the world, can register for free on Swaggy and manage from a single app, which can be used by both Mobile and Tablet and PC:
- your Wallet in BTC to buy, sell, send and receive BTC
- its own current account in Fiat currency with personal IBAN
- your own Debt Card
At the same time a Swaggy user can access many services related to the BTC such as:
- Loans, Mortgages, Leasing
The Swaggy Platform is more than just an Exchange, it is an evolving suite of tools that makes it easier, faster and more convenient for users to buy Bitcoins, manage them and use them in their daily lives.
In a very short space of time a user can register with Swaggy, and after having carried out the KYC (Know Your Customer), can open in seconds their Wallet in BTC, their current account in Fiat currency and request a debit card.
A single platform that allows Swaggy users to manage both their savings and payments.
Swaggy has banking partners that allow you to open your own account all over the world and this is why its diffusion is growing exponentially.
The objective is to acquire 1,000,000 members by 31 Dec 2021.
Swag believes in people and focuses its entire business on that. Every action, every strategy, every choice is oriented to the satisfaction of the people it comes into contact with. For this very reason the distribution model used is Network Marketing (NM). NM is a distribution system in constant and continuous growth. Invented in the ’50s, it is based on the conversion from customer to promoter of the same product that they themselves have purchased and that they use with satisfaction. Worldwide more than 12,000 companies successfully use this type of approach to the end-user and more than 150,000 new people a week join a network project. Born in the United States, it has spread substantially in every country in the world without exception. The largest companies in the industry have been thriving for over 40 years and, having reached the stock exchange listing in many cases, today they continue to earn and margin billions dollars around the world. Thanks to this system, based essentially on word of mouth, millions of people have literally changed their lives, achieving the highest level of economic satisfaction and job gratifications for their accomplishments.
The full satisfaction of Swag customers therefore becomes a focal point of the system as, in addition to being users of the platform, they become the first promoters of the entire initiative and the opportunities connected to it.
Partners & Associations
Swag cooperates with crypto association to support the financial innovation and the introduction of the blockchain in wider industries.
Thanks to its partnerships it can offer to its customers a convenient and competitive product