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Crowd1 is a platform to build, host, and grow your idea. It’s an online community that can be used for anything from managing social media campaigns to hosting live video chats with experts in the field you are passionate about. Crowd1 provides members with tools they need to succeed including an intuitive CRM system, webinars on how to leverage the power of crowdsourcing, and simple tasks that take 5 minutes or less. You don’t have time? We will find it for you! Join us today!

What is Crowd1?

Crowd1 is a new cryptocurrency and blockchain with features and algorithms that differentiate it from other coins.

Crowd1 is based on the original X11 algorithm, but also offers increased anonymity and increased security through an additional “mix” feature. The Crowd1 blockchain stores transaction addresses, not past transactions like most other cryptocurrencies (this information can be accessed after downloading the entire blockchain).

How does it work

Crowd1 has a unique algorithm that combines X11, chained hashing (similar to x13), added “mix” feature. This provides increased privacy and security beyond other cryptocurrencies on the market today.

What makes it different?

The Crowd1 blockchain stores transaction addresses, not past transactions like most other cryptocurrencies (this information can be accessed after downloading the entire blockchain).
Crowd1 is based on the original X11 algorithm, but also offers increased anonymity and increased security through an additional “mix” feature.
Every Crowd1 node mixes all of its own transactions with those of the rest of the nodes on the network to achieve true anonymization.

The benefits of Crowd1

• Crowd1 transactions are faster than most other cryptocurrencies, with block times of 15 seconds.
• The Crowd1 blockchain currently stores transaction addresses, not past transactions like most other blockchains (this information can be accessed after downloading the entire blockchain).
• Crowd1 offers increased anonymity and security through an additional “mix” feature. This unique feature provides added privacy by allowing every node (wallet) on the network to mix all of its own transactions with those of the rest of the nodes on the network to achieve true anonymization.

Who can use Crowd1?

Crowd1 is an open-source, decentralized cryptocurrency that uses peer-to-peer technology to operate with no central authority or banks.

Crowd1 offers strong security and privacy through a unique operating framework. It gives users the ability to remain anonymous while they perform transactions online. Crowd1’s transactional infrastructure eliminates any form of third-party surveillance or data retention, unlike credit card companies and other electronic payment systems.

Crowd1 is community-owned and operated in a distributed manner to ensure that it can never be seized by the government or shut down. No person or entity can ever gain control over this currency project when it is running on a decentralized blockchain platform.

Why should I use Crowd1?

• Crowd1’s anonymous, decentralized system aims to provide anonymity with all transactions.
• Crowd1 also has ultra-low fees for users, which is an added value.

Is Crowd1 secure?

A ledger of all actions performed within the Crowd1 network is stored on a public distributed ledger that uses advanced cryptography with private keys being used by each user only once. Transactions are stored in blocks with timestamps and cryptographic signatures connecting them into one continuous chain, starting with the genesis block containing the original transactions done at its inception. Every transaction within this blockchain platform is monitored throughout by nodes running around the world via peer-to-peer technology. This makes it impossible for anyone to tamper with historical records.

The basic details about this company

Crowd1 focuses on giving everyone the possibility to create their own cryptographically secured, untraceable currency on top of its blockchain. This allows anyone to have total control over their money at a very low cost and with almost no overhead costs, resulting in an extremely scalable financial network. Furthermore, it also allows for instant global transactions without any permission required from centralized entities whatsoever.

Additionally, anyone can issue digital assets on top of the Crowd1 blockchain just as easily as creating your own crypto-currency.

The cost of using this company

Crowd1 is an open-source blockchain platform that has been under development since 2012. Its core codebase has been written from scratch and is not a fork of any other project, such as BitCoin or Ethereum. All Crowd1 nodes run on similar code to form a decentralized network, which is secured by consensus rules within the network itself.

Transaction fees and mining rewards (new coins/tokens) are distributed among crowdsale investors and Company members, whereas all system resources (CPU, storage, etc.) are provided by Company members who allocate their resources to keep the network running smoothly.

FAQs about Crowd1 platform:

What does Crowd1 aim to do?

We aim to put the power of high-performance distributed applications into the hands of individuals who wish to participate in their operation. We do this without requiring anyone to be subject to arbitrary control or any kind of middle man, by enabling direct financial benefit from participation in decentralized networks.

Do I have to pay to use this service?

No, using Crowd1 doesn’t require any payment. You can deploy an app for free or use existing apps to make API calls which will cost you Ether (ETH).

How much does it cost to deploy an app?

It costs 0.3 ETH to deploy an app.

Is my data protected on this service?

Yes. All apps on Crowd1 are completely decentralized and encrypted. What they do with your data is up to you – you choose the algorithm that encrypts it.

How do I sign transactions? Do I have my private keys?

All transactions associated with a particular Ethereum address are signed locally using your web3 provider (such as MetaMask). In order to build an app, tokens will be automatically sent to you from our central Wallet contract.