FAQ

FAQ

  1. Alphard Coin: What is it and why is it important?

 

A Peer-to-Peer Electronic Cash System in original 2018 whitepaper – the document which created   the roadmap with a very simple and accurate description.

 

Alphard is a consensus network that enables a new payment system being a decentralized peer to peer network powered by its users with no central authority or middleman.  It is a triple layer secured system which is known as a digital currency or cryptocurrency , international payment network or internet of  money .

 

Unlike other crypto currencies or transactions , Alphard takes the lowest transaction timings to settle i:e 8 seconds and with lowest transaction cost. All  the transactions are recorded permanently on distributed ledger called “blockchain”, which is shared between Bitcoin miners and nodes of the world keeping a secured network.    

 

There is no central bank , individual or government can come along and simply print more bitcoins or other coins that suits them.

Understanding the crest and tough created now in the Bitcoin market , we have come up   with a cutting edge technology with a myriad potential , purposes and application – Alphard.

 

Staying ahead  of game is not easy but if you wish to see yourself on the  top , your strategy should be clear and focused.

 

  1. Who developed Alphard Coin?

It is a London based Coin with a  team of Crypto  currency experts who are running the whole platform in a secured manner.

 

  1. What is BlockChain?

 

Alphard is dependent on Blockchain which is the backbone of the whole system  and holds the network together.  It is a vast distributed public ledger which keeps track of every transaction made in the network. Once a block is added to the chain the cycle repeats itself, and the computers continue to compete to solve these difficult problems. Every transaction on the blockchain is completely transparent and accounted for in its log. Anyone can see the public keys of any transaction they want (although there are no names associated with transactions). One could go all the way back and view the very first transactions ever made on the first block ever created. This block was unironically called the Genesis Block.

 

  1. What is double Spending?

 

Double Spending is the act of using coins twice, so that the network protects against double spend by verification of each recorded transaction. The confirmation makes each coin unique and its subsequent transaction legitimate.  If one tried to duplicate a transaction the original blocks deterministic functions would change showing the network that it is counterfeit and would not to be accepted.

  1. How is Blockchain different from Banking ledger?

 

Banking and accounting systems use time stamp transaction and ledgers to track , creating a decentralized and open source. A  peer to  peer blockchain technology can keep track of all the transaction without fear . The blockchain because of  its open source , versatile and programmable nature is better than central bank ledger. This is difficult for central banks because of all of their regulations and central points of failure.

 

  1. What is Mining?

The mining is analogous but its a digital form.   This process   involves hash functions or other algorithmic function. Mining provides reward for miners by paying out in turn the miners confirm transactions on blockchain. When you harvest new coin there are also rewarded network fees .

  1. How can you buy and sell coins?

The first step is to set up a wallet - you will need one, whatever your preferred method of purchase. This could be an online wallet (either part of an exchange platform, or via an independent provider), a desktop wallet, a mobile wallet or an offline one (such as a hardware device or a paper wallet).You will find two separate wallets – Alphard and Bitcoin. You have to sign up as a User and enquire for the number of coins that you require  and you will have a currency convertor in Dollars or in Bitcoin that will imply the actual value of the number of Alphard coin that you want to buy.

 

  1. Can store Alphard coins ?

 

The payments are easy to make   with the wallet application and addresses. Transacting with Bitcoin/Alphard offers lower fees than any known remittance provider and credit card service. No bank, no state, no third party can offer this low amount of fees.

 

  1. Why trust Alphard Coin?

 

Alphard coin is a network operating by the three foundational technology : Decentralization, Open Source Code and trust Peer to Peer technology . Alphard is based on the triple layer security system subjective to the valuations of human faith in mathematical algorithms , encryption and numbers.

 

  1. Is Alphard anonymous?

 

All the users are identified by public addresses with a long string of 30 characters , where for every transaction the sending and receiving addresses are publicly verfified and viewed. Since these numbers are not easy to remember so they do not contain so   it is claimed as anonymous currency.   It is recommended that you use your   new address and identity proof for every transaction that you make . But even though this increases the amount of effort and skill required to uncover your identity, it doesn’t make you 100% anonymous. Freely available blockchain explorers and analytical tools have been used to link addresses with only single transactions to other addresses, forming a chain or pattern that eventually reveals its owner.  

Due to all these it is appropriate to say that Alphard Coin is pseudonymous rather than anonymous. 

 

  1. What is Alphard Coin Wallet?

Alphard wallet is an application that stores, sends and receives bitcoins. You can think of it like you would a leather wallet full of physical cash, and basically that is all that you need for your transaction. The wallet is a triple layer secured system which gives full guarantee to save your coins . Still we will recommend you  to keep a back up of all  your transaction incase to avoid any fradulant activities.

 

  1. How do I grow with Alphard Coin ?

 

The launching rate of Alphard Coin is $2.48, after 2 months on the exchange we forecast it to be $5, and after 3 months the rate is going to be minimum $7. We are all set to have our own exchange by 25th June : Alphard.io  which will be open for all crypto currencies to be added. Then after December the target value is $50, by 2019 January it will be around $100 and by second half of 2019 we foresight it as $150. The peak value will be reached by 2020  making a huge rise to $300.

 

So our crypto experts predict that if you really invest in Alphard Coin now , you are seen to have a secured and highest value for your invested money.