What is CubeCoin?
Cubecoin is a network born into the digital age.
A new form of monetary payment and secure cryptocurrency. A decentralized peer-to-peer technology with no central point of issuance. A system that uses the principles of cryptography to allow value to be exchanged without a middleman such as a government or bank. From a new user perspective, think of it as "the internet currency." Cubecoin is the first to implement the "password enabled cryptocurrency" concept. This combines the strengths of both Bitcoin and Litecoin, where it possesses the encryption yet uses password protection to control the mining and exchange, still being decentralized at the same time. Cubecoin is neither owned nor controlled by any single person. It is simply a vast, distributed public ledger of account. It keeps track of every transaction ever made in the network, and all transactions are timestamped and verified by everyone who owns a Cubecoin. Cubecoin can only work correctly on the basis of consensus among all users. Thus, all users and developers have a strong desire to main such a consensus.
Low Transaction Fees
Cubecoin currently charges no fee and will only charge a small amount in future. User fees may happen to give priority to faster networks and pay the cost of transaction confirmations generated.
Secure
Cubecoin users have complete control over their transactions. Personal information and credit information is not stored when transacting. This prevents identity theft. Users can use backup data and encyrption to protect their currency
Speed
Cubecoin currently only takes one minute to deal with a single blockchain , while Bitcoin takes 10 minutes to process a blockchain. That means exchanging of Cubecoins from all around the world takes almost no time compared to Bitcoin
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