One of the terms in crypto currency is bitcoin, some are not familiar with bitcoin? Which is an electronic payment instrument issued in 2009 and is the first crypto currency created. Now this bitcoin has a very potential value, which can be equivalent to the price of gold. Now there are many types of crypto currency that you can follow. The last few months some crypto currency has been issued, although some of them almost have the same system. Actually, the emergence of some crypto currency is the result of crossbreed bitcoin. But of course you want to know is how to make a new virtual currency with ease. Although in the crypto currency will generate virtual money, but you can exchange it in conventional form of rupiah. Based on the varying backing principle, virtual currencies like bitcoin will be algorithmized. One of them is using a free openscure project that will make crypto currency for free. What is meant by open transaction is doing transaction project in Cypherpunk tradition.
CYPHERPUNK
.What is Cypherpunk? That is an early concept that emerged around 1980, which initially uses electronic mailing lists in communications. Where it works is done a group of informal people who are activists in cyberspace. The goal is to receive privacy and security in using cryptography.
Cryptography is a public key used to make transactions, so that transactions made will not be duplicated delivery that will harm either party. Because at this time has grown an issue where the latest NSA scandal of electronic spy-related spy, especially in the crypto currency community, such as bitcoin. The open transaction platform is a library-based free software. Where a collection of financial components used as the imple- mentation of financial transactions by crypto currency will be safely stored. Even one company like Monetas explains "it's like FGP FOR MONEY", so ideally it is to have an algorithmic money shake.
PRETTY GOD PRIVACY
PGP or pretty god privacy created by Phil Zimmermaan in 1991 used a method of encryption and description data that provides an outright authentication of privileges related to crypto currency in data communications. The public key used in crypto currency is intended to protect your account. The PGP encryption produces it using a combination of serial, data compression, public key and symmetric key crypto currency used at each step in using some supported algorithms. Each of these public keys will contain or relate to users and email addresses they own.
