A transaction is a transfer of value between Epis wallets that gets included in the block chain. Epis wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.
EPISCOIN is a currency that appeals to a variety of different people for hugely differing reasons. For its growing base of consumers, it offers a currency that is not controlled by any central institutions, and can be spent freely across borders with little regulation or limitation.
For economists and technology enthusiasts, it represents a hugely significant step towards the digital age.
For financial traders, it is a new area for investment that brings huge volatility and behaves differently to flat currencies.
For many, the biggest draw to EPISCOIN is its low cost, high speed and complete freedom when it comes to transactions. EPISCOIN is completely global and subject to few laws and restrictions from central or other institutions.
So sending money to someone can only take up to ten minutes, the only charge is what is levied by the exchange used, and transactions can be any amount, made at any time and go anywhere. Because of that, the cost of transferring money around the world via EPISCOIN is usually cheaper and quicker than other methods that can incur fees, impose restrictions and take several days.
The accumulation and increase in funds going exclusively digital wallet, accessed only for user.
EPISCOIN do not have material vitality - digital code to its functioning. For popularity and usability of cryptocurrency developers fixed its value to the value of USD.
For security reasons, your user information, committing the transaction is closed. However, the transaction itself is in the public domain.
An important feature of the new cryptocurrency is an unlimited number of accounts available for creating. Due to the independence from the state and commitment to antitrust philosophy EPISCOIN cryptocurrency mining is protected from an artificial increase of cryptocurrency number. Does not affect its value and quantity.