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What is Decentralization

Decentralization is not a new concept. When building a technology solution, three primary network architectures are typically considered: centralized, distributed, and decentralized. While blockchain technologies often make use of decentralized networks, a blockchain application itself cannot be categorized simply as being decentralized or not. Rather, decentralization is a sliding scale and should be applied to all aspects of a blockchain application. By decentralizing the management of and access to resources in an application, greater and fairer service can be achieved. Decentralization typically has some tradeoffs such as lower transaction throughput, but ideally, the tradeoffs are worth the improved stability and service levels they produce.

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What Is Corona

Corona is an ecosystem that opens new horizons for you. Corona is global platform dedicated to common men to make the rising crypto world handy & a utility platform. Corona is a top edge technology infrastructure to deliver more than you can expect. Corona has projects related to Decentralized Exchange, Aggregated Decentralized Multi-coin Wallet, NFT Market place, a HUB for Content Contributors / creators & a Biggest Global Utility Platform under its umbrella.

Corona Wallet is established by bunch of young & passionate expert people from various domains of specialization with a common vision & mission to empower ultimate end users with finest platform & powerful tools to help them grow.

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What Is Blockchain

Blockchain is a decentralized and distributed digital ledger technology that allows multiple parties to record transactions in a secure and tamper-proof way. In a blockchain system, data is stored in blocks, and each block contains a list of transactions. These blocks are linked together in a chronological order, forming a chain of blocks, hence the name "blockchain."

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Our Great Features

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  • Safe and Secure
  • Instant Exchange
  • 24/7 Support
  • Payment Gateway
  • Strong Network
  • Crypto Newsfeed
  • Excerpt Tokens
  • Easy Payment
  • Daily Cash Out
  • Secure Payments


Distribution
of tokens

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Use
of proceeds

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  • partner
  • partner

Frequently Asked Question

What is Corona?

Corona is the international community of the global decentralized ecosystem and the first-ever smart contract Coin marketing of the Polygon (MATIC) networks. This is a self-executing software algorithm that performs the function of distributing partner rewards between community members, subject to certain conditions (Coin marketing plan). The contract code is publicly available. Information about transactions in the Polygon (MATIC) network can always be viewed at the link Block Chain.

The Corona concept belongs to a group of crypto enthusiasts, who are members of the community and don’t have any special privileges. Today, Corona is an peer-to-peer community of platform members, to whom the platform itself belongs.

Polygon (MATIC) is one of the leading cryptocurrencies, which has existed since 2017. At the same time, it is a software framework for the DeFi (decentralized finance) market, since the blockchain of this cryptocurrency allows you not only to follow the history of transactions but also to save any executable software products (smart contracts). A huge number of major crypto companies use this platform.

A smart contract is an algorithm within a cryptocurrency’s Blockchain. In our case, Polygon (MATIC) is our first choice among those on which it is possible to create smart contracts. The main purpose of such contracts is the automation of the relationship, the opportunity to make a commitment self-executing.

The process works based on distributing authority from a centralized administration to the participants involved in the process. Unlike a centralized system, all decisions are made by consensus.

Contact Corona

Any question? Reach out to us and we’ll get back to you shortly.

  • info@corona.in.net
  • Corona Blockchain Financial services 281 Cooper Square, New York, NY 10003, USA