[PRESS RELEASE – Please Read Disclaimer]
Utopia is an anonymous and private ecosystem providing online privacy and data security to users, and its in-house privacy coin, Crypton (CRP), has been integrated into over 1,800 online stores. Now the online community can make online payments using Crypton quickly, securely and without unnecessary hassle.
Utopia P2P runs on a unique, purpose-built blockchain. It took about 9 years to develop the ecosystem. The full version was released in 2019. In 2022, the ecosystem signed several agreements opening the possibility of adding its own Crypton (CRP) and Utopia USD (UUSD) coins on many platforms and online stores. It offered users the advantage of low fees and secure, uninterrupted financial transactions over the network.
The principle of operation and payment of the Utopia P2P ecosystem is the absence of metadata. Nobody knows the exact amount of a transfer, the payment date or the user’s personal information. Also, it is not possible to implement Transaction Explorer here. In other words, users of the Utopia P2P network who do not participate in a financial transaction cannot see any transaction information.
By endorsing the use of Utopia as a payment method on their websites, sellers gain an audience that cares about data privacy and their own security. Utopia P2P’s growing audience will give sellers a steady stream of new customers to win.
Important aspects of Utopia P2P
- The P2P infrastructure means that the network is not overloaded.
- Anonymous registration and no restrictions on the number of transactions.
- Rapid financial transfers to/from the ecosystem.
- Special crypto cards for payments.
- Offline translations.
- Built-in API for developers and tools for vendors.
- User-friendly GUI and console software.
Additionally, Utopia P2P includes a decentralized form of DNS (domain registry) called uNS, instant messaging for communication between users, secure and anonymous Idyll browser, alternative to traditional emails, multi-functional built-in games, and even more.
The highlight of the network is the internal crypto coins. At the moment, two coins have been launched in the ecosystem: Crypton (CRP), the main financial unit of the ecosystem, and Utopia USD Stablecoin, an anonymous stablecoin that allows you to store your savings in digital format.
The complete Utopia P2P ecosystem is available for desktop use on Windows, macOS, and Linux. There are 29 languages in the arsenal, so a user from almost any country can easily understand the functions of the ecosystem. In addition, in the summer of 2022, a beta version of the ecosystem for Android was released, which allows seamless communication via Messenger directly on a smartphone.
The unique blockchain is based on PoS and PoR algorithms, which distinguishes Utopia P2P from its competitors. Following the algorithms, ecosystem nodes are located all over the world and participate in data transmission every second, while rewarding users every 15 minutes for active Internet sessions across the ecosystem. At the same time, security and protection of data from outsiders comes through the use of a dynamic multi-channel routing mechanism with protection against MITM attacks.
Algorithms such as Curve25519, XSalsa20 and Poly1305 also help protect. They are used for multi-level data encryption and to provide connectivity and security between nodes.
Fast transaction processing and a high degree of data privacy make the ecosystem invulnerable to hackers and cybercriminals. Plus, when you add versatility and affordable payments to the overall security it offers, you get the most promising new payment ecosystem in the tech world.
About Utopia P2P
Utopia P2P is a multifaceted ecosystem that works like a mesh network. The project has no central servers. All users participate in data transmission with 256-bit AES encryption and 25519 curve.
Official site: https://u.is
Download the ecosystem: https://u.is/en/download.html
Crypto exchange: https://crp.is