Security

1. What are the guarantees that the equipment will not be disconnected from the network?

We use industrial power grids, as well as our own substations with a backup connection, which guarantees the uninterrupted operation of our equipment.

2. Who owns the main wallet and smart contract?

The main wallet and smart contract belongs to our team.

3. What is KYC?

KYC literally stands for Know Your Customer. This procedure includes certain rules for checking customers, which are used by banks, exchanges and other companies that work with private money.
KYC has three main steps that you need to go through before carrying out a financial transaction:
  1. 1.
    Client identification (who conducts the operation?)
  2. 2.
    Legality (on what grounds is the operation carried out?)
  3. 3.
    The essence of the operation and its risks
KYC is completed only when the organization you are contacting receives answers to these three questions. In order to finish this process, the client must provide a package of documents with information about himself.

4. What is the main purpose of KYC?

First of all, KYC is aimed at protecting financial institutions from illegal and fraudulent use of the services they provide. In particular, this applies to money laundering and terrorist financing.
KYC ensures that sufficient information about the client is received, which helps to make an objective decision about a problem-free cooperation.

5. Why do I need to go through KYC?

GoMining holders must go through KYC in order to protect their addresses and transactions from illegal and fraudulent activities. Also KYC passing gives an opportunity to buy GoMining tokens in a personal account.
Exchange customers need to go through KYC not only for security purposes, but also in order to perform financial transactions: deposit replenishment, transfers between accounts, withdrawal of funds, etc.

6. I was contacted by a GoMining representative. How do I know it's not a scammer?

On the gmt.io website, there is an option to authentication check. Specify the communication channel, upon arrival you will be contacted. Then enter the contact details of the representative who contacted you and click the "Check" button.
If there is a GoMining representative contact, a confirmation will appear on the screen: "This is a GoMining representative".
If the contact is not a GoMining representative, the screen will display: "This is not a GoMining representative".