Today, any crypto platform requires an advanced mechanism to enable transactions between its users.
When it comes to crowd investing platforms like the Bitbon System, such a mechanism must be extremely reliable, quick and cheap. All of these things become possible due to the Bitbon Transfer service, which is a special component of the Bitbon System and has the following properties and functionality:
- Ability to transfer any part of the Bitbon nominal value up to 8 decimal places;
- Execution of transactions between users’ Assetboxes (Bitbon wallets) without any commission;
- Cold storage of Bitbons via Safebox;
- BTSC (Bitbon Transfer Security Code) — additional protection of transfers by means of a four-digit PIN code;
- zk-SNARKs — zero-knowledge proof algorithm at the core of security systems built into the nodes of the Bitbon System Blockchain;
- Application of a protection code, which has a validity period;
- Protection against attempts to use the transfer service inappropriately (automatic fee deduction when a user carries out an excessive number of transactions over a certain time period, for example, by using a bot).
Source: CryptoDaily.co.uk
Original Post: Bitbon Transfer, Pricing Policy And Other Features Of The Bitbon System
