Cryptocurrency is becoming very popular, with practically crypto applications for every industry. Do you want to protect your content, files, apps online ? Do you want to earn cryptocurrency for downloads? We will talk about Bitcoin locker and what are the best options for a crypto locker.

Let’s start with the basics : At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your cryptocurrency. Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services.The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.

Bitcoin Transactional properties: Secure: Bitcoin funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme. A Bitcoin address is more secure than Fort Knox.

Blockchain tech and applications : Transactions are broadcast, and every node is creating their own updated version of events. It is this difference that makes blockchain technology so useful – It represents an innovation in information registration and distribution that eliminates the need for a trusted party to facilitate digital relationships. Yet, blockchain technology, for all its merits, is not a new technology. Rather, it is a combination of proven technologies applied in a new way. It was the particular orchestration of three technologies (the Internet, private key cryptography and a protocol governing incentivization) that made bitcoin creator Satoshi Nakamoto’s idea so useful.

We recommend : MinerLock , a revolutionary cryptocurrency locker!

Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Monero, Dash, and DodgeCoin are currently available for payment options for your visitors. Have a digital product you want to sell? Use our Bitcoin Payment Gateway and earn the maximum amount of money from your buyers by monetizing your content via cryptocurrency. See extra details at cryptocurrency locker.

How it works for the seller : Buyer sends cryptocurrency to unique specified wallet address and gets access to the seller’s download once payment confirmed by blockchain. Seller gets credited automatically for all cryptocurrency payments. Seller can then withdraw cryptocurrency amounts directly to their own wallet(s) or exchange all amounts and get paid in Bitcoin only. How it works for the buyer/downloader: The sellers account will automatically be credited the full amount of cryptocurrency (minus tx fees) once transaction has been confirmed on the blockchain. The reason for using a unique wallet address for each user is identify the payment transaction and be able to successfully unlock the file for the buyer. We also use a unique wallet address each time for privacy reasons so no one is able to identify the amount of transactions that have gone to a specified file or link. Each wallet address is unique for your buyer only and automatically changes for each visitor. This helps prevent abuse on the MinerLock Network and provide the stability necessary for your protected content. No one is able to track any activity for your download(s) and protected content using MinerLock.