Transfer Bitcoin By Email Through BTCMAIL Invented By Blockonomics.

in #cryptocurrency7 years ago (edited)

Because of increasing risk of hacking for Sending Bitcoin to others is very stressful until the receiver get it and confirm it. Bitcoins transaction makes us sleepless if its high enough.

As Bitcoin coin price's is increasing day by day tendency to send Bitcoin as gift is increasing. Because Bitcoin is really a valuable gift now.

Most of company allows service for sending and receiving Bitcoin need a wallet address and private key, and Bitcoin store in server websites for some time, which is the most cause of security breaches and sometimes more losses can happen if the server is stops it services Completely then we loss the Bitcoin.
Sending Bitcoin by gift card is also is not good technique because if sender change its mind, redeem the Bitcoin Before reciever get the Bitcoin and eventually receiver have losses.

Bitcoin Transaction delay can also happens if the server is down for some reason.
All this disadvantages of transaction of Bitcoin can be
Solved by Recent innovation of BTCMail by A Indian Entrepreneur.

BTCMAIL use the System Blockonomics Blockchain
Which is a peer to peer way to sending Bitcoin by using ordinary EMail Address.
BTCMAIL uses Splitkey generation technique for distributed trust.
In this System Sender Generates a private key1 for sending Bitcoin and Blockonmics Blockchain generate the private key2 on its block chain. Both of keys together make Bitcoin Address.
Sender send their private key1 to receiver via a URL in the text and Blockonmics send the redeem code that is 2nd private key to the receiver, When receiver click the sender URL link, its ask the 2nd private key/ redeem code send by Blockonmics Blockchain.
image


If Both two key match Escher then receiver get the Bitcoin and Transfer it to his wallet.
Untill the receiver claim the Bitcoin its store in the Blockonmics server safely because nobody can hack it as its need 2nd private key. If Blockonmics server is down in any time receiver can get the Bitcoin According To Blockonmics Blockchain System.

System Will Launch Soon.

More information:
Source :
https://www.blockonomics.co/btcmail

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Great post. I just upvoted you. Thanks for the insight. Also for voting up my detailed post on skycoin's imminent launch of a parallel secure internet with end use applications launched later this year https://steemit.com/bitcoin/@katythompson/skycoin-the-new-internet-launching-q3-2017-for-end-user-use PS is there any way you could reblog this or my post on maidsafe if you think it is good? I just started blogging a week ago on steemit and I got 1200 followers in the last week but I given the poor voting power on my posts I don't think I'm reaching any of the right people even though those that are seeing the posts are saying they are high quality and useful. THANKS SO MUCH from an inexperienced steemit blogger.

Sounds usefull so your article has been re-steemed and upvoted by @steemhelper , great article! Keep up writing quality content like this.
do you also want to get your great content resteemed if it is good enough? Check the link below:
https://steemit.com/introduceyourself/@steemhelper/introduction-steemhelper-link-to-initiatives-weekly-2
Please recommend this initiative to your friends.

Thank you very much for your support.

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