What is counos?

An online peer-to-peer platform with a wide variety of financial services which meets all the users’ online financial needs. It supplies some of the most innovative cryptocurrencies across the world. The most significant feature is guaranteeing price stability which turns them into competitive rivals against fiat currencies. An open-source and decentralized global network, Counos suggests various financial and payment services through Blockchain technology in an all-in-one platform. Via combining both proof-of-work and Timestamp server technologies, it will offer the users the ultimate security in online payment.

What is the blockchain?

In simple terms, in today's world, more than 80% of our daily business affects companies and intermediary organizations. When you open an account in a bank account or log in to your email, you're getting help from intermediary organizations. Companies and intermediaries control all of your information. For example, when you send a message to your friend on the Whatsapp or Instagram, you send this message to the Instagram database, and the Instagram database sends it to your friend.On the Chains cell databases, data is distributed among millions of computers, and no one can control the data. And if someone wants to hack a cell Chain, they should have over 51 percent of the networked computers protected by advanced encryption. It's almost impossible to hack.

For the same reason, Counos and other cryptocurrency has quickly become popular and is moving fast toward economic peaks. Counos can do transactions quickly and easily without having to register or medium companies. Nowadays, global stores and corporations have made purchases with Counos or are in the process of accepting it.

Who is the owner of the Counos?

The Counos network has no malice, just like nobody owns the air. In Counos, users across the globe connect to the network and control it together. Counos developers, although improving it, the change in Counos's original protocol is not possible. Counos has been published in plain text; each user can use protocols to build applications to their needs.

How does Counos work?

With money, the transfer of funds from one account to another requires some intermediary organizations. Counos works quite differently, and there is no intermediary. In the Counos protocol, the trust of organizations and humans has been transferred to computers. Human beings and intermediary organizations can make mistakes either unwillingly or unwittingly, but computers lack human emotions and mistakes. In general, all digital transactions (centralized or decentralized) need to be approved to perform. When you intend to send money through a bank, in fact, during a process, the system first checks your bank account balance, and if it coincides with the transaction amount in the next step, it will reduce your account balance and into the account balance Adds another. But as we said, Counos is operating decentralized and intermediaries such as banks have been removed from this network. So computers around the network do the job of verifying transactions. Counos are stored in a space called a wallet. The wallet is like a bank account, but it is not subject to any intermediary and belongs to yourself. Suppose you are going to transfer money using Counos. You receive another person's money wallet address and do the transaction. Counos's value of that transaction is entered into the network, but here other banks or intermediary companies are not involved, and computer systems perform transaction calculations. In the Counos protocol, various people around the world put their powerful computers at the disposal of the network. But this is not just for help with the counos network. Those who provide their computers to the network are referred to as miner or extractor. For calculations and transaction confirmation, new Counos are produced and assigned to network minisers, or miners extracted Counos.

wallet

Just like your physical wallet, Walt is called where you can hold your digital currency.

1. Software Wallet. A program that you download on your laptop desktop or computer.
2. Mobile Wallet. It is a program that you install on your smartphone, tablet, or computer, and usually has a QR barcode scanner and a phone-to-phone transfer for close transactions.
3. Web Wallet. It is usually obtained through exchanges and is stored with cloud computing on third-party servers. This wallet type is available to you with any calculating device.
4. Paper Wallet. You can print your digital money usually in the form of QR codes; you can keep it like regular money in your wallet.

Mining

To transactions in digital currencies that are aggregated in data packets, call Block.

The timely processing of these blocks is essential for the accuracy of the transaction process, and since there is no central entity that can handle the entire processing process correctly, computers will assume this responsibility. This is called Mining. Miners provide their computers to the network to help with network processing and networking. When a data block is appropriately mined, and algorithm and math criteria are specified, miners reward the Counos Coin and a percentage of the transaction fee Blocks who have processed.

Mining is used to verify transactions and produces a new Counos coin. Transaction volume is expected to increase significantly over time. For this reason, there should be enough incentive for extractors to get their share of transaction approvals in the process.

What are the ways to get Counos?

In general, the ways to provide Counos are as follows:

1. Use the counos payment method and sell goods and services to other people
2. Get counos as a paycheck for an activity
3. Purchase of online exchanges and Counos Agents
4. Direct exchange

Why Counos?

Counos's beauty is that no third-party server requires transaction confirmation - all payments are peer-to-peer (P2P), typically around 10 to 1 hour.

All Counos transactions are permanently registered in a distributed office called "Blockchain". Details of any money transactions in Chain are visible to all users. Transactions are placed in blocks that are scattered like the sheets in this office. About every 10 minutes, a new block of transactions is generated, and previous blocks go to the Chain block.

Miners will receive bonuses for the confirmation of each block at the current XXXXXX Counos coin.

Counos's specified protocol limits Counos Coin to 21 million. That is, when the number of Counos coin reaches 21 million units, Counos coin production will be stopped, and counos coin will circulate.

The limited number of Counos means that after that nobody can mining Counos and its name is known.

So Counos is an anti-inflationary currency. In traditional currencies, the government is busy when it comes to problems, and it prints a lot of things, which is one of the main reasons for inflation. One of the reasons for Counos and other cryptocurrency growth is also rare.

What is the difficulty of paying with Counos?

It's straightforward, and it's getting easier every day. You can do the sending or receiving operations in your wallet using a few simple buttons. If your wallet is on your mobile, you can quickly pay by scanning the QR code.

Why Counos coin Are Valuable?

In general, one thing will be worthwhile when applied and scarce. Counos has unique features and applications, and scarcity and limited supply make it worth. In this respect, gold is almost identical to Counos. Gold is also functional as counos, and gold resources such as counos are limited, and both need the energy to extract. Gold requires mechanical energy and Counos needs electricity. So counos has value.

what is the cause that, movement of Counos price?

Counos prices are up and down like any other commodity or other demand. By increasing demand for counos, the cost is rising, and as demand decreases, its price goes down. Counos will be limited to 21 million units, which is why scarcity is a significant breach of demand.