What is BLACKCOIN? David Zimbeck


David Zimbeck says that the developer of Blackhalo and Bithalo trading technologies says that BlackCoin is a peer-to-peer digital currency with a distributed, decentralized public ledger; that unlike ones held at traditional banks, are viewable and easily audited by the people.

The ability to manage transactions and issue additional BlackCoins is all handled by the network of users utilizing BlackCoin. Because the BlackCoin network is run by the people, holders of BlackCoin receive a 1% yearly interest through a process called staking.


According to David Zimbeck that BlackCoin’s technology allows people to send and receive fast, easy and secure payments with friends, family, and merchants anywhere in the world. BlackCoin allows you to manage your finances without the need for a central authority or bank.

BlackCoin is open-source too, meaning that the software that makes it function is completely available for public scrutiny — giving you peace of mind. No one owns BlackCoin, it is not a single entity; anyone can be a part of it.

BlackHalo is the world’s first functional smart contracting multisig client! It adds many new features, directly into the user’s hands.

Why individuals use BlackCoin

As stated by David Zimbeck that individuals use BlackCoin to transfer money to and from friends, family, and merchants anywhere in the world. BlackCoin is an ideal currency for both face to face and international digital commerce. With the BlackHalo client you can make unbreakable contracts and barter anything you like.

Using BlackCoin is fast, secure, and rewarding.

Why businesses use BlackCoin

Businesses use BlackCoin to join an emerging market in support of a faster, easier way to transfer value between two parties. BlackCoin offers a number of advantages over traditional point of sale and international payment systems. The BlackHalo client is a powerful tool for any type of contract or trade.

David Zimbeck is of the view that accepting BlackCoin makes accepting digital currency easy.

Why developers use BlackCoin

Developers use BlackCoin as an effective platform to send, hold, and receive payments. BlackCoin is already supported by loads of useful digital infrastructure and has large, dedicated user and development communities.

BlackCoin’s network and specs make it a wise choice as a development platform.

Below are some summarised features BlackCoin carries according to David Zimbeck

  • Simplest of all payment systems
  • Many third party APIs
  • Cheap micro payments
  • Most of the security is client side
  • No PCI compliance required
  • Unbreakable contracts
  • Fast international payments
  • Zero or low fees
  • Decentralized EBay
  • 1% compound interest yearly
  • Mobile payments made easy

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