On February 11, 2022, Crypton (CRP) was listed on LBank Exchange, a global digital asset trading platform. On February 11, 2022, at 20:00 (UTC+8), the CRP/USDT trading pair became officially available for trading for all LBank Exchange users.
The internet has given people the ability to enter an informational space that is filled with massive amounts of data, but human rights in terms of communication privacy and freedom of expression must be protected from governments and private corporations that are constantly tracking people’s activities and using them for other purposes. Utopia is here to restore people’s privacy and freedom by providing an all-in-one kit for secure instant messaging, encrypted e-mail communication, anonymous payments, and private web browsing. Its main payment unit, the Crypton (CRP) token, will be listed on LBank Exchange on February 11, 2022, at 20:00 (UTC+8), to help it expand its global reach and achieve its vision.
Utopia is a game-changing ecosystem that protects the privacy of interactions while also ensuring the security and confidentiality of each participant’s personal data. The network, which is based on Peer-to-Peer (P2P) technology, went live on November 18, 2019 and is supported by its users. It has no single point of failure and is truly decentralized because there is no central server involved in data transmission or storage. Each node, including the user’s Utopia client, uses secure Curve25519 high-speed elliptic curve cryptography to transmit network data. The data sent cannot be intercepted by a third party; only the recipient can read it.
All personal account data is stored in an encrypted file on a Utopia user’s local device using 256-bit AES encryption. Users can use Utopia to circumvent online censorship and firewalls, allowing them to freely communicate and interact with whomever they want, whenever they want. Users can send and receive private instant text and voice messages, transfer files, play games, and create censorship-resistant group chats, channels, and websites, as well as make and accept payments in Utopia’s fully integrated digital currency, Crypton.
Utopia’s Key Characteristics
- Utopia’s main features as an all-in-one kit for secure instant messaging, encrypted e-mail communication, anonymous payments, and private web browsing are as follows:
- Secure and impenetrable communication – Utopia offers instant encrypted text, voice, and e-mail communication.
- Decentralized peer-to-peer network – In Utopia, there are no central servers; instead, each user participates in network routing.
- Designed for anonymity – Utopia protects the privacy of its users by ensuring that their IP address and identity are not revealed.
- Secure web browser – This is an alternative to Tor. Users can navigate the Utopia ecosystem using the built-in Idyll browser.
- Integrated wallet, crypto cards, and merchant API – Users can send and receive payments in Utopia’s own Crypton e-currency.
- Simple mining – Users can earn Cryptons by running online Utopia mining bots.
- uNS, Utopia Name System – Utopia provides a truly decentralized and uncensored registry, similar to traditional DNS.
- Utopia employs 256-bit AES and curve25519 high-speed encryption for secure storage and transmission.
CRP Token Information
Crypton (CRP) is a decentralized cryptocurrency that serves as the primary payment unit in the Utopia ecosystem. Crypton is used throughout the mining and purchasing of ecosystem resources. It was created to provide an instant, untraceable, and irreversible means of payment, ensuring that the user’s identity is completely protected.
The goal of mining is to increase the number of routing connections in order to promote the stability of the ecosystem. Utopia rewards users who support the ecosystem by mining by issuing new Cryptons. Users who run the Utopia bot will receive their share of the collective reward. Users will receive regular interest on their Crypton balance in addition to mining.
The CRP token will be listed on LBank Exchange on February 11, 2022, at 20:00 (UTC+8). Investors interested in Utopia investment will be able to easily buy and sell its token on LBank Exchange at that time. The listing of CRP on LBank Exchange will undoubtedly help it to expand its business and gain market attention.
Concerning LBank Exchange
LBank Exchange, which was founded in 2015, is a cutting-edge global trading platform for a variety of crypto assets. LBank Exchange offers secure crypto trading, specialized financial derivatives, and professional asset management services to its customers. It has grown to be one of the most popular and trusted crypto trading platforms, with over 6.4 million users from over 210 different countries.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.