🔥[ANN] B1.Cash — Cryptocurrency exchange and financial agregator 🔥

[B1CASH]

Guys, for the first time I come across the fact that each service user can be an independent exchange office. You can say what will be done to provide exchange services.

Each user of the platform who wants to make a currency exchange places an order within the system. Another user who can make an exchange responds to the application of the first user. The more the user who provides the exchange services, performs such operations, the higher his rating in the system. Thus, each user who can help another user make a conditional exchange of USD to BTC will be an independent exchange office.

[allwithpassion]

Can you shortly tell about project?

[B1CASH]

For what purpose will you develop your own modern messenger?

The messenger is one of the many functions of B1.CASH, which allows you not only to communicate, but also to perform financial transactions: you can transfer money inside the chat rooms.
B1.CASH is also a message aggregator: it can merge all correspondence with users that used to be in other applications. It's comfortable.

[B1CASH]

I’m pleased with you promise that even administration will not be able to read my messages or listen to conversations in the messenger. What kind of protection technology will be provided?

The protection system includes several components. First, the storage server can be a user's PC. The second is the use of encryption and protection against hacking, which does not allow both to record conversations, and copy to other sources of correspondence to hackers.

[B1CASH]

I’ve been reading in the media about this project. It was promised to make kinda protection from sharp changes in cryptocurrency rates but there’s no info about it anywhere. Did the platform deceive us?

Insurance of crypto currency will be applied, really. Simultaneously with the placement of the app on Google Play and the AppStore, the site will earn a special section devoted to this topic.
Insurance companies accredited by B1.CASH will insure crypto-active users from hacker attacks and a fall in the rate. Obtain a guaranteed compensation for lost value if, after the insurance period, the course of the insured asset is below the acceptable threshold (in other words, if at the time of the contract termination the rate of crypto currency (in which the user places funds) will be lower than at the beginning of the contract.

[B1CASH]

How long will one arbitration dispute take on yr exchange?

Dispute resolution takes no longer than 24 hours

[B1CASH]

Where are they going to fork the chain?

In May 2018, B1.CASH will start issuing its own Bitcoin ONE crypto currency, which will become available as a result of the hard fork of the Bitcoin payment system on the 525,000 block. The release of its own crypto currency - a necessity realized by the developers of the Platform, due to the presence of transaction commissions and the overall low processing speed of transactions market. The introduction of hybrid processing is designed to ensure stable processing of up to 1 million transactions per second by Bitcoin ONE without charging commissions. Moreover, Bitcoin ONE will become the only crypto currency protected by the issue of physical coins and bills with different degrees of protection and tied to the ID of users in the system. And, once again we want to draw your attention to the fact that the site of Bitcoin One has its official website - www.b1.cash. The website www.b1.cash provides the most complete information about the Bitcoin One project (BTC1).
 

[sinfazat22ron]

What is the purpose of Bitcoin ONE banknotes and coins?

[MadduckUK]

What is the purpose of Bitcoin ONE banknotes and coins?

They probably won’t have a universal purpose. Everyone will determine for themselves why they need Bitcoin ONE coins and banknotes.

[national751]

Where will Bitcoin one coins be stored?

[Gamelander]

Where will Bitcoin one coins be stored?

I think that the team of this fork is working on creating a local wallet that will work on iOS and Android. They will also make a web version.

[B1CASH]

Where will Bitcoin one coins be stored?

I think that the team of this fork is working on creating a local wallet that will work on iOS and Android. They will also make a web version.

Yes. The B1 mobile apps will soon be available on AppStore and Google Play.CASH, and the web version will start working on the site

[B1CASH]

Will B1cash be international projects? That is, residents of any countries will be able to register in it?

Certainly. B1.CASH is designed for users around the world. The mobile and web versions will be translated into the main languages of the world.

[slavonicpl]

And if someone steals the coins and banknotes of Bitcoin ONE, does it mean that the owner of the cryptocurrency could say goodbye to it?

[B1CASH]

If there were any problems in conducting a transaction, and the arbitration proceedings began, will it last for a long time?

Disputes in arbitration are examined very quickly - within a few hours.

[B1CASH]

You’ve written that u will provide encashment services. Can u tell in details how this will happen?

This function is implemented within the framework of p2p-service B1.CASH. When performing exchange operations, users discuss the details of the transaction and, if necessary, one of the members (by the application) can come to complete the transaction to another user (the initiator of the request).

[B1CASH]

And if someone steals the coins and banknotes of Bitcoin ONE, does it mean that the owner of the cryptocurrency could say goodbye to it?

It is impossible to take possession of both physical coins and banknotes, as well as to crack the Bitcoin one wallet. Separately from each other, BTC 1 wallet and physical coins/bills will be of no interest to criminals, as for any operations in BTC1 you need to have transfer codes.

[B1CASH]

Any user of the system can become an exchange? And what will it take to get this opportunity?

Only those users who have passed the identification procedure (KYC) will be able to fulfill exchange requests. In particular, it is necessary to protect the users of B1.CASH from unscrupulous performers of applications.

[B1CASH]

I really liked the function of moving messages from other messengers in B1cash. However, there is a security issue: during import, can anyone access my correspondence?

It is possible. B1.CASH is protected by modern encryption, which can not be hacked, and the information combined in the messenger sees only the user. By the way, the storage server can be a personal computer of user B1.CASH

[hollybit]

And if someone steals the coins and banknotes of Bitcoin ONE, does it mean that the owner of the cryptocurrency could say goodbye to it?

No, because to steal it completely, a person would have to hack your wallet, and this is impossible!