Cryptocurrency is becoming very popular, with practically crypto applications for every industry. Do you want to protect your content, files, apps online ? Do you want to earn cryptocurrency for downloads? We will talk about Bitcoin Locker for files and what are the best options for a crypto locker.
Let’s start with the basics : At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your cryptocurrency. Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services.The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.
Bitcoin Transactional properties: Fast and global: Transaction is propagated nearly instantly in the network and are confirmed in a couple of minutes. Since they happen in a global network of computers they are completely indifferent of your physical location. It doesn‘t matter if I send Bitcoin to my neighbor or to someone on the other side of the world.
Blockchain tech and applications : Authentication is not enough. Authorization – having enough money, broadcasting the correct transaction type, etc – needs a distributed, peer-to-peer network as a starting point. A distributed network reduces the risk of centralized corruption or failure. This distributed network must also be committed to the transaction network’s recordkeeping and security. Authorizing transactions is a result of the entire network applying the rules upon which it was designed (the blockchain’s protocol). Authentication and authorization supplied in this way allow for interactions in the digital world without relying on (expensive) trust. Today, entrepreneurs in industries around the world have woken up to the implications of this development – unimagined, new and powerful digital relationshionships are possible. Blockchain technology is often described as the backbone for a transaction layer for the Internet, the foundation of the Internet of Value.
We recommend : MinerLock , a revolutionary cryptocurrency locker!
Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Monero, Dash, and DodgeCoin are currently available for payment options for your visitors. Have a digital product you want to sell? Use our Bitcoin Payment Gateway and earn the maximum amount of money from your buyers by monetizing your content via cryptocurrency. See more details at https://minerlock.com/.
How it works for the seller : Seller uploads his digital product, download, or content to MinerLock and selects the price and cryptocurrency payment options. Seller promotes/shares his protected link to potential buyers, clients, and downloaders. How it works for the buyer/downloader: The sellers account will automatically be credited the full amount of cryptocurrency (minus tx fees) once transaction has been confirmed on the blockchain. The reason for using a unique wallet address for each user is identify the payment transaction and be able to successfully unlock the file for the buyer. We also use a unique wallet address each time for privacy reasons so no one is able to identify the amount of transactions that have gone to a specified file or link. Each wallet address is unique for your buyer only and automatically changes for each visitor. This helps prevent abuse on the MinerLock Network and provide the stability necessary for your protected content. No one is able to track any activity for your download(s) and protected content using MinerLock.