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 Revolutionary cryptocurrency locker and what are the best options for a crypto locker.
Let’s start with the basics : A pseudonymous software developer going by the name of Satoshi Nakamoto proposed bitcoin in 2008, as an electronic payment system based on mathematical proof. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. To this day, no-one knows who Satoshi Nakamoto really is. In what ways is it different from traditional currencies? Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.
Bitcoin Transactional properties: Irreversible: After confirmation, a transaction can‘t be reversed. By nobody. And nobody means nobody. Not you, not your bank, not the president of the United States, not Satoshi, not your miner. Nobody. If you send money, you send it. Period. No one can help you, if you sent your funds to a scammer or if a hacker stole them from your computer. There is no safety net.
Blockchain tech and applications : Transactions are broadcast, and every node is creating their own updated version of events. It is this difference that makes blockchain technology so useful – It represents an innovation in information registration and distribution that eliminates the need for a trusted party to facilitate digital relationships. Yet, blockchain technology, for all its merits, is not a new technology. Rather, it is a combination of proven technologies applied in a new way. It was the particular orchestration of three technologies (the Internet, private key cryptography and a protocol governing incentivization) that made bitcoin creator Satoshi Nakamoto’s idea so useful.
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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 extra details on cryptocurrency locker.
How it works for the seller : Buyer sends cryptocurrency to unique specified wallet address and gets access to the seller’s download once payment confirmed by blockchain. Seller gets credited automatically for all cryptocurrency payments. Seller can then withdraw cryptocurrency amounts directly to their own wallet(s) or exchange all amounts and get paid in Bitcoin only. How it works for the buyer/downloader: Buyer visits protected weblink and selects which cryptocurrency he wishes to make payment with. Buyer makes payment to unique wallet address for that file and payment only. Once the transaction is confirmation on the blockchain, MinerLock will automatically unlock access to the file provided to the buyer. The buyer has 12 hours to access the unlocked content using their unique ip address only and server-side cookie before it automatically locks again.