TokenPay is a blockchain project that incorporates bitcoin cryptography technology with previous security and privacy features. In addition, TokenPay is building a platform that combines closed banking and private exchange. This allows the wider adoption of coins through consumer and merchant services. developing tokenpaycoin and infrastructure to support everyday use is an important step.
The TokenPay platform has been designed to combine the strength of established banking institutions with the flexibility and future potential of kriptocurrency. This network allows the exchange of Bitcoin, Ethereum and other major cryptocurrencies by bridging the transition gap to fiat. It also allows unlimited user access to cryptocurrency funds at merchant locations and ATM location sales worldwide. Users will have the ability to store Bitcoin and other cryptoes in a secure and insured wallet similar to that of a customer in a regular bank for fiat accounts. As a result, counterparty risk is naturally minimized with licensed and bonded banks. The TPAY token sales fund is intended to be used to complete the acquisition of the bank. The bank will operate in a way that will meet and understand the unique needs of global cryptocurrency holders.
TokenPay's goal is to give clients the opportunity to facilitate the usual crypto of hard asset transactions easily. TokenPay is in negotiations to form a new bank charter, acquire a bank or partner with a 20-year-old bank, in an attractive and privacy-based jurisdiction. In addition to the consumer benefits of kriptocurrency, TokenPay plans to introduce a full suite of merchant services through TokenPay's powerful banking platform. All charges and charges collected will be denominated in the TPAY digital token, which has been thoroughly tested and developed. TPAY is an ultra-privacy coin that is functionally superior to Bitcoin in many ways. It contains several unique features such as multi-signature, ring signature, dual-key stealth address, ZK (zero-knowledge) proof, along with integrated and decentralized Tor network integration. TPAY is the backbone of the integration of the fundamental cryptocurrency banking of TokenPay.
6 TPay Security Locks Not Bitcoin
1. Multi Signature Transaction
The standard transactions on the TokenPay network can be called "single signature transactions", since transfers require only one signature - from the private key owner associated with the TPAY address. However, TokenPay P2P networks support much more complicated transactions that require the signatures of several people before funds can be transferred. This is often referred to as an M-of-N transaction. The idea is that TPAY coins become "burdened" by providing multiple party addresses, thus requiring cooperation from such parties.
2. Ring Signature
In cryptography, a ring signature is a type of digital signature that can be performed by a member of a user group with each key. Therefore, a message signed with a signature ring is authorized by someone in a certain group of people. One of the security properties of ring signatures is that the computer should not be eligible to specify the key group members used to generate the signature.
3. Dual-Key Stealth Addresses
This address is different from the standard address commonly used in crypto and allows for better privacy. A dual-key stealth address can be shared publicly by the recipient but transactions made to this address can not be re-associated with it. If the stealth address has been revealed to the payer, it will enable the payee to receive unlimited unlimited payments. This means that any payment to a Stealth address counts an unused new normal address where funds should be received, any tapper will not be able to connect the two addresses.
4. Zero-Knowledge Proof
In cryptography, the zero-knowledge proof or zero-knowledge protocol is a method by which one party (proof) can prove to the other (verifier) that the given statement is true, without conveying any information apart from the fact that the statement is true. If proving such a statement requires knowledge of some of the confidential information of the grantor, the definition implies that the verifier will not be able to prove the statement in turn to another person, because the verifier has no confidential information
5. Tor Network Integration
Tor is a distributed overlay network designed to anonymize low-latency TCP-based applications such as web browsing, secure shell, and instant messaging. The client selects the path through the network and builds the "circuit", where each node (or onion router) in the path knows its predecessor and its successor, but no other nodes in the circuit. The traffic flowing to the circuit is sent in a fixed-size "cell" size, opened by a symmetrical key on each node (like an onion layer) and forwarded downstream.
6. TokenPay SCI Or Secure Communication Interface
TokenPay has incorporated a peer-to-peer encrypted instant messaging system using an algorithm to keep private conversations while using the TokenPay wallet.
All messages sent and received are encrypted by AES-256-CBC algorithms that have been proven and distributed among nodes in such a way as to prevent the recipient's message from being hacked or viewed by anyone it does not mean, even if the hacker can see the whole network and / or running network nodes.
To significantly reduce the risk and inconvenience of password sharing, we apply the proven and trusted Elliptic Curve Diffie-Hellman method or also known as ECDH key exchange. This level of encryption is at the same level that the government uses for confidential files.
Features owned by TokenPay
- SECURE MULTI-SCREEN ENCRYPTED WALLETS
Receiving TPay coins supported by decentralized networks Safe purified wallet from TokenPay uses a breakthrough Proof-of-Stake automation technology supported by fully decentralized TPAY blockfain. Users of the desktop wallet received an award for simply leaving their wallet open. The processing power of the computer graphics card pushes the TPAY completion engine. This is a decentralized network, which is fully supported by its users. Some TokenPay desktops and mobile digital wallets have been fully developed and available for download now. Click here to register an account.
- TOKENPAY BRANDED PAPER WALLET AND GENERATOR KEY
While TPAY's digital wallet sets out the peak of advanced security protocols, many still consider the cold storage system of paper wallets to be the most heavily guarded digital token cache. Literally, TokenPay Paper Purse is a physical document that contains all the necessary data necessary to generate an important TPAY personal key. This can be the safest way to save TPAY because its wallet is not exposed to malware. It can be stored in a personal safe. Private keys generated by users on TokenPay servers are very secure. It is recommended that users disconnect from the internet while in the process of generating private keys. In this way the paper wallet generator is considered completely self-contained and the key is not sent online. TokenPay regularly performs audits and verifies the integrity of the client-side private key generator it offers on its website.
- INTERNATIONAL DEBIT CARD
Multiple Currency Crypto The concept behind BlueDiamond integrated debit card is that it will be easy to install considering the direct connection to TokenPay digital wallet. Therefore, shopping can be done virtually or on any merchant that is being sold either online or directly. In addition, international debit cards allow instant access to multi-currency funds in automated teller network machines. Transparent and low cost prices make BlueDiamond debit cards a very attractive mechanism for monetizing digital tokens to enable the purchase of hard assets. Digital token users such as TPAY or Bitcoin can be accessed whenever needed thanks to a private real-time exchange that will become part of the TokenPay banking platform. Therefore, it is not necessary for users to convert a fixed number of digital tokens to perform fiat transactions.
TokenPay Project Road Map
Token delivered to buyer after purchase. Transferability will start from the first day of trading, scheduled to start from 15 business days to 30 business days from the completion of token sales
Here are the details of Tpay tokens:
Token Name: Token Pay
Symbol: Tpay
Token Price: 1 BTC = 2,000 TPAY
Sales begin: December 7, 2017
Sales Ends: January 17, 2018
Total number of coins: 25,000,000
Number of targets sold: 5,000 BTC
Currency received for token sale: Only BTC
TokenPay Team
Website: https://www.tokenpay.com/?rc=1713U
WhitePaper: https://www.tokenpay.com/whitepaper.pdf
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=2400499.0
Facebook: https://www.facebook.com/tokenpay
Twitter: https://www.twitter.com/tokenpay
Telegram: https://t.me/tokenpay
Author: Feri577
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=907445
My ETH: 0x3b5277640ae1e5d8f16266674b076ad22eed4f3a
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