Cryptocurrencies very often are deemed as something abstract, something mystical and intangible. Many people still do not believe that cryptocurrencies are real and they can use them to pay for the goods and services. Still most of the people have some obscure fears and they do not realize that times have changed, things are changing accordingly and cryptocurrencies are one of the demonstrations of the modern world and they work, like the ordinary money, as the medium of exchange. Besides, many people, who have very little understanding of “crypto-world”, have an impression that cryptocurrencies are created themselves, transactions take place without the support of staff working on it, price and market capitalization is not dependent on the people and they move loosely.
I would like to reach out to those people who are thinking like this and help them to understand how the cryptocurrencies work.
A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.
There are a lot of people of people who are working on the cryptocurrencies, like people wo are doing mining, people who are facilitating transactions, traders, merchants, buyers, sellers and just ordinary people who use cryptocurrencies to pay.
More or less all cryptocurrencies are trying to develop through the people. These people care about facilitating all the things needed to conduct the operations. They are in charge of the promotion, marketing, value creation, advertisement, etc…
DeepOnion belongs to those cryptocurrencies that are developing through the people who are standing behind them. In my experience I have never seen such strong and tied society. Without them I think this cryptocurrency would depreciate very long time ago. Of course, haters are everywhere, but dont listen to them. Success of DeepOnion, first of all, is the consequence of hard-work of those people. If you dont believe me, you can look through our forum and you will be convinced how robust society we are, how active we are and how we care about the DeepOnion.
Thus, when you look at some cryptocurrency, do not think that they are successful just because they have some fancy name or something like that, the most important reason for their success are the people who work hard on a daily basis to develop those cryptocurrencies.
The instant success of DeepOnion in the last days cannot be taken for granted. It is the outcome of the hard work of strong society.