After switching to a new blockchain (from October 01, 2016) and doubling coins and tokens on partner accounts, ONECOIN is an UNCONDITIONAL WORLD LEADER both in terms of the number of participants and current capitalization! And, given that the speed of mining on the new blockchain has increased 50 times, the difference in capitalization between OneCoin and BitCoin will increase at a tremendous pace.
Why is OneCoin so good and what are the disadvantages of BitCoin?
Before making a comparative analysis of the two largest cryptocurrencies, the following should be noted: BitCoin is a pioneer in the cryptocurrency market. He built this market from scratch through trial and error, acting as a pioneer. This is a very difficult role, therefore there were many mistakes. This is neither good nor bad, it is just a fact.
The creators of OneCoin, before the launch of their cryptocurrency, had a unique opportunity to thoroughly analyze almost 5 years of experience in the development and formation of BitCoin and all the problems and difficulties that it faced in the process of its development. This made it possible to initially eliminate the likelihood of repetition of such mistakes and start on a solid foundation.
We have to give BitCoin its due – it did a very important thing: it made a shift in the minds of people towards a new payment paradigm. He brought an element of unlimited freedom to this sphere and launched a process that cannot be stopped!
The creators of OneCoin have serious ambitions to build a new global payment system, where everything will be legal, predictable, open and transparent. So let’s get started!
HOW IS ONECOIN DIFFERENT FROM BITCOIN?
ONECOIN | BITCOIN |
High investment attractiveness:
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Low investment attractiveness:
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Huge pool of coins:
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Small pool of coins:
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Low production cost:
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High production cost:
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Complete centralization of the production of new coins:
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Complete decentralization of the mining of new coins:
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The presence of a single issuing company:
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Lack of a single issuing company:
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Large pool of participants:
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Small pool of participants:
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Linking your OneCoin account to your UnionPay card:
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Account is not linked to payment systems. |
Availability of an independent audit of the blockchain:
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Lack of independent audit of the blockchain. |
The presence of the “Know Your Client” procedure:
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Lack of “Know Your Client” procedure:
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Theft or loss of coins is excluded:
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Theft or loss of coins is possible:
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The processing power of the blockchain is enormous:
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The processing power of the blockchain is low:
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Blockchain update rate – 1 minute:
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Blockchain update frequency – 10 minutes:
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