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Bitcoin Black Core is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Black Core payments are sent directly from one person to another. As a permissionless, decentralized cryptocurrency, Bitcoin Black Core requires no trusted third parties and no central bank. Unlike traditional fiat money, Bitcoin Black Core does not depend on monetary middlemen such as banks and payment processors. ...

...GreenCoinX identifies users and facilitates the collection of taxes by worldwide governments, thereby removing the two biggest barriers to widespread adoption of crypto currencies. In a Bloomberg TV interview in October, 2014 Bill Gates, the founder of Microsoft, when asked about bitcoin stated “The customers we’re talking about aren’t trying to be anonymous, they’re willing to be known, so bitcoin technology is key and you can add to it or you could build a similar technology where there’s enough attribution where people feel comfortable that this is nothing to do with terrorism or any type of money laundering.”