Source : zycrypto.com
Being a fully decentralized blockchain, Utopia has become one of the most global online hotspots for those users who want to ensure their complete anonymity on the Internet.
Thanks to the team’s constant work to expand this solution’s functionality, Utopia has provided its payment system to more than 1800 online stores today. Now buyers from all over the world have the opportunity to make anonymous online purchases without worrying that someone will track them.
Why Does Utopia Security Mean to Merchants?
Utopia’s high level of security is ensured primarily thanks to a fully decentralized blockchain, first launched in 2019 and improved to this day. This blockchain is backed by Crypton (CRP) and Utopia USD (UUSD) cryptocurrencies, which nearly 2,000 merchants have accepted since June 2022. Thanks to this, buyers could quickly conduct low-fee transactions (less than 1 second) to purchase the goods and/or services they need from anywhere in the world.
In particular, to carry out transactions with Utopia, they will get the possibility to maintain the complete anonymity of the metadata relating to the purchase (for example, the price of the goods purchased, the date of purchase, or the buyer’s personal data). Also note that Utopia cannot implement Transaction Explorer, which means that none of the third-party users of the ecosystem will be able to access data about the transaction between the seller and the buyer.
Thus, thanks to the integration of Utopia, online merchants get the opportunity to provide their goods and services to customers who care about their anonymity. It is unlikely that any other decentralized system is capable of providing such advantages.
What More Benefits Does Utopia Have?
Here are some more useful features of the Utopia ecosystem:
* P2P architecture that eliminates system overload due to the growing number of users;
* no KYC to complete transactions;
* high liquidity of CRP and UUSD cryptocurrencies for fast and very cheap transactions inside or outside the ecosystem;
* issuing cryptocurrency cards;
* generation of voucher codes for offline payments;
* clear GUI and CLI for quick and easy integration via API.
Apart from the above features, Utopia has its decentralized form of DNS, multiplayer games, Idyll anonymous web browser, private messaging messenger, and spam-free encrypted email service. To date, Utopia is available as a desktop version for Windows, MacOS, and Linux and is available in 29 languages.
As for the security of the Utopia blockchain, it is backed by advanced Proof-of-Stake and Proof-of-Resources algorithms, as well as the complete anonymity of the development team. In addition, note that the nodes of this ecosystem participating in packet inspection are dispersed throughout the globe, allocating their access to the Internet, RAM resources, and CPU to maintain its operation. Finally, end users and their data are protected through a dynamic multipath routing mechanism with MITM protection and Curve25519, XSalsa20, and Poly1305 algorithms.
Together, such characteristics as high transaction processing speed, top security mechanisms, absolute anonymity, as well as a number of extremely useful features (issuing crypto cards, uVouchers, the ability to bill, interest payments, etc.) made Utopia the market leader in its niche.
Official Utopia website: https://u.is
Download Utopia: https://u.is/en/download.html
Crypton Exchange: https://crp.is