FAQ


What is a cryptocurrency?

A cryptocurrency is a medium of exchange, which makes use of cryptography to secure transactions and to control the creation of additional currency units. The development of cryptocurrencies has been actively growing in the past decade, thus offering a broad range of transactional possibilities to both users and organizations.

What is the blockchain?

The blockchain is a distributed database (ledger), which collects the information about transactions and shares it among a distributed network of computers. By means of cryptography each participant of the network can access and manage the ledger in a secure way. No central authority here is needed. The blockchain maintains a continuously-growing list of records (blocks), each containing a timestamp and a link to the previous one.

What is Ethereum?

Ethereum is a blockchain platform designed to implement smart contracts and various decentralised applications. The platform is based on transparency and trust. Everyone in the Ethereum network can see transactions made by anyone.

What is a smart contract?

A smart contract is a contract on the blockchain, which follows the terms recorded in a computer language (e.g.: Solidity). Smart contracts can be automatically processed by computer systems and perform functions such as value distribution, data storage, interaction with other contracts, etc. Using these contracts is cost-efficient in any enforcements and compliances.

What is COSS?

COSS stands for Crypto-One-Stop-Solution and represents a platform, which encompasses all features of a digital economical system based on cryptocurrencies, e.g.: website payments, seller tools, a marketplace, financial modules, e-wallets, coin facilities, a mobile platform for iOS and Android (and this list can be extended in the future). The full spectrum of the COSS services is available on coss.io.

What is the EcoLife?

The EcoLife is a transactional ecosystem, that consist of, but is not limited to, the following applications of the COSS platform in industries such as: gaming, real estate, e-commerce, self-service payment terminals, cryptocurrency exchanges.

How do I create an account?

In order to create an account, go to www.coss.io/register and register a new account. A confirmation email will be sent to your email address. After you confirm your account creation, you will be able to login.

How can I login?

In order to login, simply type in your username/email and password onto www.coss.io/login. You will get a confirmation email for each login actions on your account.

How can I protect my wallet?

For your safety, we have implemented a Two Factor Authentication System.

Where can I get support from coss.io?

Contact us at info@coss.io.


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