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Comment By: Bolaji Afolabi

Posted by jostpay on August 24, 2016

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"Nice and working well.thanks"
https://jostpay.com

-Bolaji Afolabi

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Things you need to know about JostPay Offline Wallet

It has been over 6 months our offline wallet has been in operation, most of our users are already aware of its operation while some are still in the dark. Our offline wallet is the safest way to keep and protect your coin from unauthorized theft.

It is like a physical vault that is not online, all coins are safely stored in this vault until it is needed by you. This model is the best way to safe all your coins securely. As soon as you receive coin into any of your cryptocurrency address, it will need to reach 1 confirmation from the blockchain network before your coin will be safely stored in the offline wallet vault

The only disadvantage of the offline wallet is that, all transactions is processed manually, every withdrawal to any other address is signed into the blockchain manually, so, sending your coin will NOT be deducted instantly from your wallet, it will be deducted as soon as it has been processed to the wallet address specified.

But be informed that, security is the main …

Bitcoin For Nigerians

I have been trying to dig out a good & funny intro line to start this article but none seem to be coming at this time. So I'm just gonna straight to the point.

What is Bitcoin?
Bitcoin is a digital or virtual type of money. Digital in the sense that, it is not printed like your Naira or Dollar. Virtual in the sense that, it is not physically felt or produced like other commodities that can serve as a medium of exchange, store of value and unit of account. I believe we understand that 'money' is not limited to our fiat currencies alone. Money can be anything. Anything that can perform the main functions of money can be used as 'money'. As you can exchange your 1000Naira for a plate of eba and egusi soup. You can also exchange your iPhone7 for that same plate of food if you want to. Am certain Mama Kabiratu won't mind. It is satisfying the same desire.

Now, defining bitcoin technically, Bitcoin is a kind of money or peer-to-peer payme…

How Do I Fund My JostPay Wallet

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Comment By: Bolaji Afolabi

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