TokenPay is a decentralized and self-verifying payment platform project. Based entirely on mathematics, designed to enable secure transactions between multiple parties. With maximum user security as a focal point, the system is accessed exclusively through an encrypted Tor Browser. Transactions are conducted with self-provided and untraceable crypts called TPAY embedded with the latest and most advanced safety features. These characteristics include a stealth locking system, encrypted messages, completely anonymous trading and a unique hashing algorithm that enables fast and secure transactions under any circumstances.
Strong digital ecosystems are driven by specially designed 2-of-3 Multisignature Transition Machines. This advanced protocol protects the users of TPAY currency. This is because each party must approve the transaction before the related data is published in blockchain. Unlike traditional payment services, there is no centralized handling of user funds at any point of time. Participants create their own private key and public address. While private keys are kept secret, users are free to distribute public addresses.
The transaction becomes automatically fully executed because all parties to the blockchain can then verify this signature by using a public address. There is no need for TokenPay users to reveal their private key to anyone. As a result, transactions are conducted with full security, anonymity and without the typical counterparty risks of conventional payment platforms
6 TPay Security Locks Not Bitcoin
Multi Signature Transaction
The standard transactions on the TokenPay network can be called "single signature transactions", since transfers require only one signature - from the private key owner associated with the TPAY address. However, TokenPay P2P networks support much more complicated transactions that require the signatures of several people before funds can be transferred. This is often referred to as an M-of-N transaction. The idea is that TPAY coins become "burdened" by providing multiple party addresses, thus requiring cooperation from such parties.
Ring Signature
In cryptography, ring signatures are a type of digital signature that can be done by members of user groups who each have a key. Therefore, a message signed with a signature ring is authorized by someone in a certain group of people. One of the security properties of ring signatures is that the computer should not be eligible to specify the key group members used to generate the signature.
Dual-Key Stealth Addresses
This address is different from the standard address commonly used in crypto and allows for better privacy. A dual-key stealth address can be shared publicly by the recipient but transactions made to this address can not be re-associated with it. If the stealth address has been revealed to the payer, it will enable the payee to receive unlimited unlimited payments. This means that any payment to a Stealth address counts an unused new normal address where funds should be received, any tapper will not be able to connect the two addresses.
TPAY incorporates these features that are available to make the user experience private and secure.
Zero-Knowledge Proof
In cryptography, the zero-knowledge proof or zero-knowledge protocol is a method by which one party (proof) can prove to the other party (verifier) that the given statement is true, without conveying any information apart from the fact that the statement is true
If proving such a statement requires knowledge of some of the confidential information of the giver, the definition implies that the verifier will not be able to prove the statement in turn to another person, because the verifier has no confidential information.
Tor Network Integration
Tor is a distributed overlay network designed to anonymize low-latency TCP-based applications such as web browsing, secure shell, and instant messaging. The client selects the path through the network and builds a "circuit", where each node (or onion router) in the path knows its predecessor and its successor, but no other nodes in the circuit. The traffic flowing to the circuit is sent in a fixed-size "cell" size, opened by a symmetrical key on each node (like an onion layer) and forwarded downstream.
TokenPay SCI Or Secure Communication Interface
TokenPay has incorporated a peer-to-peer encrypted instant messaging system using an algorithm to keep private conversations while using the TokenPay wallet.
All messages sent and received are encrypted by AES-256-CBC algorithms that have been proven and distributed among nodes in such a way as to prevent the recipient's message from being hacked or viewed by anyone it does not mean, even if the hacker can see the whole network and / or running network nodes.
To significantly reduce the risk and inconvenience of password sharing, we apply the proven and trusted Elliptic Curve Diffie-Hellman method or also known as ECDH key exchange. This level of encryption is at the same level that the government uses for confidential files.
What Are The Features Of TokenPay?
SECURE MULTI-SCREEN ENCRYPTED WALLETS
Receiving TPay coins supported by decentralized network
The secure encrypted purse of TokenPay uses a breakthrough Proof-of-Stake automation technology backed by a fully decentralized TPAY blockfain. Users of the desktop wallet received an award for simply leaving their wallet open. The processing power of the computer graphics card pushes the TPAY completion engine. This is a decentralized network, which is fully supported by its users. Some TokenPay desktops and mobile digital wallets have been fully developed and available for download now. Click here to register an account.
TOKENPAY BRANDED PAPER WALLET AND GENERATOR KEY
While TPAY's digital wallet sets out the peak of advanced security protocols, many still consider the cold storage system of paper wallets to be the most heavily guarded digital token cache. Literally, TokenPay Paper Purse is a physical document that contains all the necessary data necessary to generate an important TPAY personal key. This can be the safest way to save TPAY because its wallet is not exposed to malware. It can be stored in a personal safe. Private keys generated by users on TokenPay servers are very secure. It is recommended that users disconnect from the internet while in the process of generating private keys. In this way the paper wallet generator is considered completely self-contained and the key is not sent online. TokenPay regularly performs audits and verifies the integrity of the client-side private key generator it offers on its website.
DEBIT INTERNATIONAL CARD
CRYPTO MULTI-CURRENCY
The concept behind the integrated BlueDiamond debit card is that it will be easy to install considering the direct connection to TokenPay's digital wallet. Therefore, shopping can be done virtually or on any merchant that is being sold either online or directly. In addition, international debit cards allow instant access to multi-currency funds in automated teller network machines. Transparent and low cost prices make BlueDiamond debit cards a very attractive mechanism for monetizing digital tokens to enable the purchase of hard assets. User digital tokens such as TPAY or Bitcoin can be accessed whenever needed thanks to a private real-time exchange that will become part of TokenPayplatform banking. Therefore, it is not necessary for users to convert the exact number of digital tokens to perform fiat transactions.
CARD BENEFITS
- Low Cost Card Holder
- Global ATM Access
- Real Time Conversion
- Multi Currency Support
- TPAY Purchase Rewards
PAYMENT PROCESSING SERVICES FOR ONLINE TRADERS
The TokenPay merchant service division offers the worldwide opportunity to transact with TPAY as well as other crypts. All this is possible with the integration of banks and planned exchanges to provide liquidity. Businesses will have the flexibility to turn crypto into fiat. Also, the cost for traders will be as low as 0.25%. Merchants receiving TPAY will save moe from 90% of traditional merchant service options. Aggressive merchant shipping and promotions driven by zero-cost offerings specifically for transaction processing designed to drive increased payment activity in bulk at e-commerce stores.
BENEFITS OF PROCESSING
Low Cost Transaction Industry
Daily Cash Settlement
Customizable branded checkout
Point and Click Integration
Advanced Security Protocols
TOKEN SALE DETAILS
TokenPay launched a robust TPAY digital token sale to raise funds for the TokenPay project and general company needs. This will allow the team the ability to add more features to the platform. Maximum increase will be 5000 Bitcoin during token sale and combination of presale. The number of tokens issued per Bitcoin will depend on the Bitcoin being lifted according to the bonus structure table specified in this whitepaper.
TPAY buyer candidates can redeem a certain amount of Bitcoin including fractions such as 0.010 Bitcoin. There will be a discount offered to the original TPAY buyer who will decompose with the claimed TPAY amount during the token sale. There will also be bonuses offered to refer buyers to the sales of TPAY digital tokens. NO OPENING OR COST after BTC is exchanged for TPAY.
COIN DISTRIBUTION
FINANCING ALLOCATION
There's a Token Purchase Bonus During ICO
- 7 days 7 to 13 December 50% 20%
- 7 days 14 to 20 December 40% 15%
- 7 days 21 from 21st to 27th December 30% 15%
- 7 days 28 December to 3 January 20% 10%
- 7 days 4 January to 10 January 10% 10%
- 7 days 11 January 17 January 0% 10%
Road Map
Tim
Derek Capo - CEO
Carlos Salazar - CTO
Joseph Pacetti, CPA - CFO
John Singh - CMO
Senen Garcia - GENERAL COUNCIL
Aaron Tian - APPLICATION DEVELOPER
Laurance Gerges - SENIOR UX / UI DESIGNER
Vlad Turtoi - AUTOMATION DEVELOPER
Sunerok - Verge Currency (XVG) - BLOCKCHAIN AUDIT
Carlos Arraya - LEGAL ADVISOR
Charles Moscoe - STRATEGY ADVISOR
Elizabeth Vrettos, CPA - AUDIT ADVISOR
For Information Visit Link Below;
WEBSITE: https://www.tokenpay.com/
WHITEPAPER: https://www.tokenpay.com/whitepaper.pdf
FACEBOOK: https://www.facebook.com/tokenpay
TWITTER: https://www.twitter.com/tokenpay
TELEGRAM: https://t.me/tokenpay
ANN: https://bitcointalk.org/index.php?topic=2400499.0
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