A cryptocurrency is a digital or virtual currency that uses encryption techniques to secure, create, and transact in measured units.
Cryptocurrencies are also known as coins, alt-coins, and virtual currency.
- Yes. Our Metaverse Coins are designed to be anonymous and decentralized.
- LBMVC has its own set of methods. These methods make our coins different then other alt-coins currently available.
Our approach utilizes is a decentralized, distribution and storage network allowing its users to trade an easy to use alt-coin that they can start to use right away.
Our coins are secure and feature elliptical curve encryption, a decentralized public ledger system, are fully transportable, and much more.
One of the primary differences between LBMVC coins is that coins do not get mined. Instead they get dropped or are manually distributed by the creator.
You can think of this like the Bitcoin Fountains in the nineties.
We do have a separate cryptocurrency called OpenPrim Coin (OPC), which does support mining.
Currently our software uses SECP256K1. This is the same curve that BITCOIN uses.