Encointer Wallet

Encointer Wallet icon

Encointer Wallet

Encointer Association

AppRecs review analysis

AppRecs rating . Trustworthiness 0 out of 100. Review manipulation risk 0 out of 100. Based on a review sample analyzed.

AppRecs Rating

Ratings breakdown

5 star

100%

4 star

0%

3 star

0%

2 star

0%

1 star

0%

What to know

High user satisfaction

100% of sampled ratings are 5 stars

About Encointer Wallet

Encointer community currencies are distributed unconditionally, at regular intervals, to all active participants. But if anyone can join and nobody needs an official ID, how is misuse prevented? For example, how can users be sure that an individual participant cannot claim the currency twice under two different identities?

Encointer’s unique, practical identity system is based on the fact that a person can only be in one place at one time. Here’s how it works:

1. Every participant agrees to make themselves available in person for key-signing meetups, which are held simultaneously at regular intervals in all locations.

2. Each time a key-signing event occurs, random selections of participants meet at random locations in the community to prove that they are unique individuals.

3. This requirement to prove personhood on site makes Encointer more secure, ensuring that so long as the majority of a community is honest, misuse is not possible.
Encointer Wallet Screenshots
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Reviews for Encointer Wallet

Eliasante Mwakalinga

11/19/2024

Iam here to learn more and to have more experiance in this app

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