There is no end to Bitcoin and other cryptocurrencies; there are plenty of reasons you should choose this over any different mode of payment. In essence, bitcoin is entirely decentralized, as blockchain-based services are designed to be. Because it is a financial blockchain, it is not overseen by any central bank or monetary authority. Instead, it is supported by a peer-to-peer community computer network comprised of user machines or “nodes.”
It explains why there is an increased amount of crypto-based events worldwide. For instance, one of the leading crypto-based events in the world is called Crypto Expo Dubai. Utopia was not only a regular part of this event, but it was a sponsor for floor stickers and wifi.
How does Utopia work?
Dr. Hack was the Spokesperson for Utopia in this highly reputed event. He is a hacker and tech enthusiast who believes privacy is our right in this privacy-invasive era.
So basically, Utopis is a one-stop-shop for making secure instant messaging, encrypted emails, anonymous payments, and private web browsing. It gives you a platform wherein any kind of communication (text, audio, email) is secure and resistant to surveillance.
As a matter of fact, it gives a built-in wallet, crypto cards, and an API facility, all in one for all the entrepreneurs. In addition, Utopia has its Crypton e-currency that is used to send and receive payments.
There are no central servers. Every user takes part in network routing because it is a decentralized peer-to-peer (P2P) network. With Utopia, mining has never been any easier. It guarantees to run mining bots online to earn cryptons more easily.
Utopia ensures that it is designed to maintain your anonymity. Your IP address and personal information are kept private throughout your journey.
Utopia Name System (uNS) is a truly decentralized and uncensored registry, similar to traditional DNS. Utopia encrypts data with 256-bit AES and curve25519.