One of the major goals of the promoters of the NVO is to ensure that there are no threats to the investment made by the user. As such, the currency is maintained within the accounts of the users, and not with the company or outsiders. This does offer the assurance that your coins are not going to be seized in the event of a financial setback. The promoters are drawn from different domains such as cryptocurrency, engineering, programming, and startup growth.
The ICO is expected in the first half of 2018. This gives buyers time to do the due diligence. The initial coins can be bought for bitcoins. One of the major features of the NVO DEX is the validator. It helps verify transactions without involving third parties. The validator is the feature which makes transactions secure, in terms of safety of currency, as well as from prying.
The user can download the wallet to their computer. The wallet can hold currencies other than NVO, and this is one of the major benefits of using this platform. There are plenty of other things likely to be on offer, such as cluster release. The system is expected to be in sync with other currencies, thus offer ease of mining. Security is assured through pin that only the users know.
The NVO offers freedom from regulatory control. The currency is safe in the wallet, protected by passwords, and no handling by third parties. The system is also compatible with different currencies. User privacy is assured as no data on them is collected. There is no need for the currency in the wallet to be handled by the server either. Transactions are carried directly between the buyer and seller without any third party intervention.
For investors who have been looking for complete privacy and security of their coins, NVO might offer the right system. There is no third party that controls the transactions and the user privacy is assured. Since the initial ICO is awaited, this gives time for buyers to prepare for the release. The NVO can be purchased using bitcoins, so for users who need to use a widely used digital currency to purchase the new one, this is an added benefit. The validator works to speed up transactions, without holding currency, thus protecting the users coins. The smart contract based system makes transactions safer and transparent.
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