Crypto

Tokoin

Sep 20 2019

TOKOIN – the Number One Indonesian Blockchain Project that Differs Than Any Others

The involvement of technology plays a very big role in many aspects of our life. Even in business, it brings about efficient process that could benefit many users. If it is about online business, blockchain technology is specifically one they need to facilitate information distribution. TOKOIN as presented in https://www.tokoin.io/ is the best choice you can take for it. Of course, there are several reasons that make it the number one recommended platform to consider. For that, we would like to explain those reasons further in this opportunity so you can get better understanding of this platform here.

After all, the distributed information on the blockchain is that of valuable asset one needs to know of when running online business. The blockchain will be the very system that secures that very data information for you. Now that you know what the role of blockchain platform is, you do learn that it is necessary for us to use it, right? Choosing the best will be your priority next. That is why we have TOKOIN Platform introduced to you here. It s not considered the number one Indonesian blockchain project for nothing. So, you better learn what you can learn from the discussion we will make below.

What Do You Know About TOKOIN Platform?

Before we talk about the reasons to choose this platform though, it is best for us to know a bit of this platform first, right? It is not the same blockchain platforms you can find every day out there. This particular one called TOKOIN Platform is one that has digital business identity and MSME reputation established as acceptable credibility scoring. Suppliers and financial institutions are the main target audiences of such purpose here. By definition, this is what TOKOIN Platform is all about. It makes valuable partnership with such kind of ability.

Why, of course, such credibility scoring is what contributes to bringing engaging ecosystem for you. It will be one consisting of multiple business profiles. Of course, they are meant to be profitable for business expansion. Once you have faced the real market, you will eventually come to conclusion that there is a need to build valuable partnership with the best blockchain platform. Only the best could promise to bring you into an engaging ecosystem. That’s the very thing that TOKOIN Plarform can assure you with. Thus, it is only right for you to take it into consideration for chosen platform.

With what the platform can do for you, this platform will serve as highway of data distribution for the trading ecosystem. There are lots of benefits you can gain from this implementation. Those benefits do make this platform superior than any others, so much that it is even regarded as the number one Indonesian blockchain project to consider. It knows how much important it is to take care of data information. Even business transaction alone consists of a set of data involving participants, buyers and sellers, orders, payment method, discount, and payment invoices as well.

All of those data must be centrally stored within marketplace’s platform. Then, it will have to be adapted in blockchain-based one. Cryptography will be used here to record the data before it is stored in blocks. Surely, you can’t manage all of this on your own, right? It might be too complicated for some people too. Let this blockchain platform takes care of it for you then. TOKOIN Platform can do that much to help you manage your transaction in the marketplace. Unlike blockchain platform of any others, it is worthy enough to count on.

Why Is TOKOIN Platform the Best Option?

With the business moving into online world, many people are competing to make the best platform with the best blockchain technology to offer. As a result, there are many of them you can find out there. Finding the best one of all would be a pretty daunting task to do. They are all well made and sell good, but still they are different from each other. There must be the best one of all, of course. From all available choices of blockchain platform today, we confidently say that TOKOIN Platform is the best we can recommend to all of you.

More or less you get the picture of what this platform is all about from its definition, right? However, it won’t be enough to tell what this platform is capable of exactly. For that, we need to know what makes this platform the best choice to choose. They make the reasons of this platform being the number one in Indonesia too. Let’s get down to it and see what those reasons are, so you have clear insight of this platform’s capability here. Give every one of them attention and consideration for the benefit of the online business you do run.

  • Secured Ecosystem of Blockchain

First things first, trading ecosystem must be a secured one to ensure credible scoring. Since data information is that of valuable asset to begin with, it becomes a must for us to prepare secured environment for its distribution on blockchain. There is no need to worry. TOKOIN Platform is not a highway of data distribution for nothing. The platform has all transactions recorded in. With that, the participants are guaranteed fine ecosystem for trading. The participants are not even limited to some parties only. More are involved here.

Of course, this platform does exactly cover everyone involved within, not just the one who runs the business only. Also, TOKOIN Tokens are there as the means for transaction at the exchange. They serve as good signs for credibility scoring. Secured ecosystem is sure to be guaranteed here. Thus, it makes the first reason and benefit you can gain from it. Note this down and make this your first important consideration of this platform. Compared to the others, you can well take its guarantee seriously. It is credible enough to earn your trust and worthy enough to rely on for your own benefit.

  • Advantages for Every Participant

As it was hinted before, all participants involved here will benefit from this platform here. They are guaranteed secure ecosystem, indeed. But, it is not the extent of benefit we can gain from this platform. If we have to break things down, there are many people involved in this kind of businesses here. However, we would say there are two main ones we would like to take as example this time. Users particularly, will get access to both business expansion and funding opportunities. That’s the things you expect to get from this, right?

Nothing would be more profitable for users than having the chance to expand their business. With chance to get more funds as well, they are set to succeed in online trading. Just like there are users, there must be partners involved too. As for their share, this platform does give relevant data to the partners. Don’t take such benefit lightly though. When it comes to data distribution in the network, not all of them are relevant enough to be presented. Fortunately, it won’t be the case here. After all, relevancy is that of crucial matters when it comes to data information. This platform knows it well.

  • Permanent Record of All Things

Trading ecosystem won’t be secured without proper record of all the information and transactions. That’s not what you call secure otherwise. For that reason, this blockchain platform has been made capable of recording everything necessary permanently. With permanent record like this, nothing can be altered and everything will be kept as it is. That’s what makes it secure. As expected from the number one Indonesian blockchain project, it won’t be wrong for you to entrust everything to this platform here and benefit from this one.

There is more to it in secure ecosystem than what meets the eye, indeed. You can’t expect the same from other platforms that are less secure than this. If the ecosystem they offer is not that safe, it means that the information and transactions are not permanently and properly recorded. Can you entrust your data to such platform then? Rather than worrying over it, it would be a lot safer for us to use the best blockchain platform in the first place. TOKOIN Platform can promise you that. We guarantee that it will satisfy you by meeting your needs. There are still more to gain from this too.

  • Perfect Accuracy of the Records

Relevancy is important for data information and transactions without doubt. However, need to be known that it is not the only important aspect you need to make sure of. Another aspect to put your attention to is its accuracy. Being relevant is not enough to ensure that the data is highly accurate. Fortunately, you can really leave everything to this platform. It guarantees even the accuracy of the data information and transactions in the marketplace. Of course, there is proof of them being accurate and you can make sure of that.

It is because all the transactions recorded by the platform are traceable and immutable. As it was said before, the data can’t be changed. It is mainly what makes sure of its accuracy. Also, with it being unchangeable like that, you can easily trace it as needed. It won’t complicate things and get the data you need faster than you think. See? Even the accuracy itself can benefit you more if we go into details like this. So, don’t take this lightly for less accurate data can make difference with the highly accurate one. It is data we are talking about here. It should be correct and specific at most.

  • Decentralized Storage for Data

TOKOIN Platform won’t operate aimlessly, of course. Infrastructure is very much necessary in this field of businesses. As you can guess, this platform will operate as one. However, even not all infrastructures would fit enough for the needs here. It has to be one that stores data information in decentralized manner. This is the best manner that many platforms apply on their blockchain technology. Compared to the centralized one, this approach is more beneficial for all of its users. The benefits vary by much for you to know.

It can relieve the burden of business operations, make proper preparation for emergencies, allow for more efficient decision making, and even facilitate expansion. It is not something you can expect from infrastructure that stores data in centralized manner. Such approach is not capable enough to benefit you that much. So, note this fact in your mind too. If you can gain as much benefit as possible from blockchain platform of your choice, why do you doubt of using it then? TOKOIN Platform will do that much for you all and that’s also what proves it the best than the rest of its kind.

Conclusion

We have reached the end of this article now. From the long discussion above, surely you can draw some conclusion about this blockchain platform here. TOKOIN Platform is sure to make the best candidate to building valuable partnership in this line of businesses here. It works to establish acceptable credibility scoring and bring you engaging ecosystem that would be beneficial for business expansion. For more specific benefits of the platform, you can see them from the reasons of it being the best blockchain platform.

Those reasons include it guaranteeing secure ecosystem, benefiting all participants involved, permanently recording all information and transactions, making sure of its accuracy, and operating in decentralized manner. TOKOIN Platform is sure to bring ecommerce to the next level as explained in whitepaper with such benefits to offer. Read through this white paper if you want to learn about it further. You are sure to find more details in it that contributes to it being the number one Indonesian blockchain project that differs it than any others. It is worth considering and it might even help us earn more profit for sure.

Ann Thread: https://bitcointalk.org/index.php?topic=5164061.0

Website: https://www.tokoin.io/

White Paper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82

 

Social Media:

https://twitter.com/TokoinGlobal

https://www.facebook.com/TokoinGlobal/

https://medium.com/@tokoin

https://www.instagram.com/tokoinofficial

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741
ETH: 0x3946bc29197BF793CB796243109b39b019c3fC00

By • 130 • Tags: , , , , , , , , , , , , , , , , , , , ,

Vectorium

Sep 2 2019

Vectorium Platform Comes for The Future Transmission System

Electricity becomes one of the resources that cannot separate from human life. This energy is the primary key to the use of various technologies. The development of multiple innovations in technology motivated by the role of power as its primary resource. Technological progress is also proportional to the growth of society globally. Energy consumption will also continue to increase. Funding needed is also rising in proportion to their needs.

As one of the keys to civilization, electrical energy must always be present for life to continue. Various innovative products tend to produce an increasing amount of waste. Waste management is a significant problem that needs to resolve so as not to threaten the ecosystem. Vectorium became the first platform developed by utilizing blockchain technology with artificial intelligence to manage waste. It will apply various novelty in its utilization.

Vectorium brings a new era in which future transmission can be carried out without wires. How does Vectorium do it? If you see, the cable is the key to the distribution of electrical energy so that it can reach various parts of the world. Can you imagine how many wires are needed so far for distribution? After that, you can see how much money can cut if the distribution can still be done without cables.

Besides, the platform can also run without intermediaries, without transmission lines, no sub-transmission channels. That will make distribution faster. Hidden costs in electricity distribution can also be eliminated, including hidden fees for sub-distribution. Vectorium becomes a platform dedicated to the use of technology for friendly and profitable renewable energy. The use of blockchain and AI technology in ecosystems is the right combination to provide energy solutions in the future.

 

The Development of Micro Networks on the Vectorium Platform

Vectorium is committed to giving users the best experience in the use of technology. The network is carried out when more than two producers (the Consortium) gather to form an informal prosumer group. That can be an exciting combination between consumers and producers who have an interest in working together in an ecosystem. User participation in the ecosystem will help maintain liquidity in the use of cryptocurrency.

Vectorium flash production will always occur through a process called mining. The number of fixed coins in circulation will be produced every day. You will have an important role in optimizing electricity production and sales by becoming part of the Vectorium Consortium. Your energy usage can also be your contribution. You can do this when collecting Vectorium Flash by using a new graphics card or FPGA device.

The Vectorium Consortium now be a place where collectivity can produce renewable energy. Besides, that place also let the user use the cryptocurrencies. Anyone with a small solar power plant can join the Vectorium Consortium. It is time for you to switch to using renewable technology as a form of concern for the global environment. The platform developed with blockchain technology that is guaranteed security for conducting transactions. You can get detailed information through the website, ann thread, and whitepaper.

Ann Thread: https://bitcointalk.org/index.php?topic=5149544

Website: https://www.vectorium.co/#

White Paper: https://www.vectorium.co/wp-content/uploads/2019/07/Vectorium-Whitepaper.pdf

The collectivity can produce renewable energy that located on Vectorium Island. Then cryptocurrency also can be done on that Island. The place will provide the electricity that combines wind, sun, and waste through a functional ecosystem that is governed by AI and blockchain-based technology. All processes in the ecosystem will follow the Waste to Coin (WtC) process. Coin becomes a significant factor for you to be able to participate in the ecosystem. Coin ownership can obtain through the event of a specified sale.

When can you get Coins?

The first phase is of pre-sale, which will start on July 1 through July 21. Allocation of con VCTP provided will get you a discount of up to 30% for the price of $ 0.70 for each token. The phase will close with a total of $ 1.5 million. The initial offer (IEO) will allow users to make an ok purchase on ExMarkets cryptocurrency.

After the first phase completed, sales will conduct through IEO at ExMarkets, which will run from July 21 to October 31. The second phase aims to raise up to $ 2.5 million. Each participant who approved in the second phase will get a 20% discount, and VCTP coins will sell for $ 0.80 for one currency. Then the third or final phase can be carried out from October 31 to December 31. Coin sales will be available for up to $ 1. The total hard cap at the previous transaction is $ 7.5 million.

 Why Must You Use The Vectorium Platform for Energy?

You can find various advantages of Vectorium for your electricity needs. Also, you can take advantage of cryptocurrency in its use. The Vectorium development team claims that it is a technology used to convert useless waste into energy, and then energy into cryptocurrency through a patented process so that combustion is not involved. The process can be adapted to development and has no impact on the environment. Each type of waste can treat safely.

Intellectual property patents for this system were delayed and brought several 10,201,900,000,516. The Vectorium development team also claimed that they had several patents for micro wind and solar processes. It should note that the new intensive land occupation system operated by the California Institute of Technology created. CALTECH in the park built in New Mexico and California. The developers used a small 10kW turbine with three blades as high as 10 meters placed vertically into the central axis in the form of H with a height above the ground 20 meters.

While this consists of 5 13-meter sub-vertical blades arranged in a V shape, and produces 100kW strength with a height of 20 meters from the ground ten times more. There is a button with a “top button” model, which links the scene where customers are already involved in environmentally friendly activities. The average cost to set up a consortium with ROI yields of 8-12% per year ranges from $ 60,000 to $ 130,000.

ELIWIND equipment is a Vertical Axis Wind Turbine (new semi-vertical wind) VAWT system whose construction and construction complies with the technical standards of the IEC EN 61400-1-2 work standard. This tool technology has been guaranteed and obtained patents from several patent extensions throughout the world. Therefore MIT can only produce and license MIT.

What is Eliwind System?

Vectorium development will involve leading-edge technology for the realization of adequate resources. Utilizing waste into coins is undoubtedly not an easy thing. It can be done with exchanges made on blockchain technology. Besides, so that all processes can carry out efficiently, then artificial intelligence plays its role. Furthermore, the ecosystem also involves Eliwind in its use.

The ELIWIND system is one of the methods developed to maximize energy yields at elevations closer to the ground. When compared with HAWT, horizontal axis wind turbines, the results obtained can be improved. The system will be run using the space used and thus got more energy (per square meter). The system can run without having to enlarge and width.

This innovative energy efficiency disturbance using ELIWIND semi-vertical axis turbines in connection with those using traditional horizontal axis turbines has been scientifically validated throughout the world as well as by the California Institute of Technology through individual studies conducted on fish shoals in their navigation settings in ocean waters.

Now, You Can Find The Vectorium In CryptoEnergy 

Concerns about the availability of energy in the future can overcome by developing Vectorium. Platform development based on the fears of developers for the environment and human life in the future. The unstoppable technological development indeed becomes an opportunity to maximize its implementation in life. The transition from conventional assets to digital assets also underlines the process of increasing the use of digital platforms.

Currently, the use of technology continues to be maximized to get convenience in a variety of transactions. Crypto energy can be one manifestation so that global power can be maintained and available to support life. You can participate by selling coins so you can make the best use of the ecosystem. Besides, at the pre-sale, you will also get a special discount.

You can visit the website to register yourself directly. Various relevant information will also provide related to the sale of coins. Your participation will be needed to provide support for renewable energy in the future. Besides the technology used will also provide certainty of your transaction. in addition to getting benefits through coin mining, you will also benefit from the energy generated from the use of leading-edge technology.

Vectorium is a leading project, supported by Blockchain and AI technology to overcome one of the biggest problems of the global community by converting them into coins. You can get closer to the development of platforms through Vectorium social media. Immediately make your contribution so that you participate in the event of ecosystems for energy that is more environmentally friendly by utilizing technology.

Social Media:

https://twitter.com/VectoriumSocial

https://www.facebook.com/Vectorium-516349048768966/

https://t.me/VectoriumProject

Posted by kurniawan05
https://bitcointalk.org/index.php?action=profile;u=1187741

By • 69 • Tags: , , , , , , , , , , , , ,

Harmony

May 22 2019

Harmony: a Breakthrough platform for a better future

The emergence of bitcoin in 2008 has brought various changes in the world of blockchain technology. After the rise of bitcoin, the concept of blockchain has spread across the globe. With the popularity of bitcoin from year to year, automatically many people also find out the idea of blockchain, which is the supporter of the cryptocurrency.

To be reminded, bitcoin appeared in 2009 where there was someone named Satoshi Nakamoto, and many people claimed he was the one who discovered the digital currency. Bitcoin is the first digital money that is implemented, and then, the other cryptocurrency appears.

The bitcoin blockchain is created as a peer-to-peer payment system that makes it easy for users to make transactions because the system is decentralized. In other words, when someone makes a purchase or payment using bitcoin, there is no intermediary to complete the transfer of value. Unlike current transactions, there are conventional banks that are intermediaries between senders and recipients who make operations run longer than using bitcoin.

It should be noted that cryptocurrency is one of the blockchain representations whose presence and the impact can be enjoyed directly by the wider community. It is not without reason why many people invest their money on cryptocurrency because the blockchain system offers advantages that are not found in other systems.

The advantage offered by the blockchain system is a distributed storage system. Blockchain can be said to have no loopholes for failure because data storage is scattered in devices whose networks are spread. Besides, the data storage network can replicate and store copies of the database so that security is also very tightly maintained. Unlike storage systems found in conventional banks whose data is stored only in one center, which is very vulnerable to attack so that when the order is hacked, the data will be more easily spread.

Another advantage is the cost savings when using the system. In transactions or payments made via the blockchain, there are no third parties involved in the transaction. Conversely, every transaction that is carried out only involves related parties. It is because every person or user has access to the same single data permission. Of course, this saves costs for almost all businesses because they don’t need to recruit intermediaries.

Blockchain is a system that has a lot of potential going forward so that it can still be explored to be better. One of them is when, in 2014, Vitalik Buterin developed a new blockchain infrastructure called Ethereum. Ethereum is almost similar to the blockchain that relies on peer to peer networks intending to make Ethereum a smart contracts platform.

Website: https://harmony.one/

White Paper: https://harmony.one/whitepaper.pdf

Scalability as the problem

 

When ethereum was developed, it was found that no solution could solve the problem of the previous infrastructure. The problem in question is about scalability, where ethereum fails to support high-throughput applications such as decentralized exchanges.

With the obstacles that occur, improvements are, of course, continuously carried out to get a system that can improve the precise application. Many blockchain projects have sprung up offering solutions that are claimed to enhance the quality of operation such as replacing Proof-of-Stake (PoS) consensus Proof-of-Work (PoW) and several other projects that unfortunately cause significant performance. In fact, among the plans, the security and decentralization aspects were ignored.

Until the first public blockchain appeared and claimed to be able to overcome the problem of scalability by using sharding. The blockchain is called Zilliqa. But Zilliqa stumbled by two issues that made him fail to offer a solution. The first is that Zilliqa does not share storage on blockchain or sharding data. The second is that Zilliqa relies on Proof-of-Work, which can cause him to be sensitive to single-shard takeover attacks.

With all the projects that have been tried and the claims of each party that carried out the plan that they have found a perfect solution to the problem of scalability, in fact, nothing has been said to be successful or even close to solving the problem.

Website: https://harmony.one/

White Paper: https://harmony.one/whitepaper.pdf

Blog: https://harmony.one/blog/blog.html

Harmony is the answer.

Scalability is certainly still a problem even when the blockchain was first created. Many parties are curious to provide solutions to the issues that can be said to be one point of the blockchain weakness. But it seems that the presence of this one blockchain answers anxiety about scalability. It claims to be the next generation blockchain based on sharding that has been tested to be safe, energy efficient and is undoubtedly fully scalable. The generation of this blockchain is named Harmony. Let’s find out more about Harmony.

Harmony comes as a response to the problems of the previous blockchain infrastructure. Harmony comes by combining the results of the best research that has been done before, and the system practices that are adjusted optimally. The notion of Harmony one itself is an open consensus platform which will be expected to become a driver of a decentralized economy in the future. Unlike the previous blockchain platform, Harmony offers a platform with low-latency, high throughput, and low cost.

As the name implies, which is Harmony, this platform is undoubtedly expected to be a platform that unites all needs and becomes a harmonizer for many people’s lives. This platform can be a consideration for people because Harmony does not only offer a blockchain whose scalability problems are solved but also becomes an infrastructure that can later be a place to build various types of applications that require high throughput and decentralization. Applications that can be made on Harmony one are games, decentralized applications, to the AI data market. All of that can be realized thanks to the presence of Harmony.

Harmony has stated that its platform not only resolves scalability issues but also the number of nodes participating in the network of decentralized nodes. Some of you might be curious about how Harmony handles the issue of scalability and what approach the platform does so that the problem can be resolved. So the answer is Harmony using a sharding-based consensus protocol that is adopted, which scales according to the number of nodes that are increasing in the network. That makes Harmony different from other blockchains. Harmony cares about the number of nodes participating in a decentralized blockchain network.

When talking about the technology used by Harmony, another reason why Harmony is the answer to people’s anxiety about the issue of scalability in the blockchain infrastructure is that Harmony believes that maximum optimization is needed that crosses several layers to complete scalability. That is why Harmony takes an approach by applying innovation in networks, systems, and consensus algorithms that are done ten times than what is usually done.

Harmony chooses sharding and pipelining designs because they can effectively handle connection latency and allow throughput to scale to the size of the harmony network. To get a broader range of devices participating in a more decentralized system, they also widened mission lean kernels explicitly made to run their protocols. The way it works is by increasing CPU performance and security.

With the explanation is given about Harmony starting from the issue of scalability to the technology developed and run by them, it seems very appropriate to choose Harmony as a blockchain platform that can support a decentralized economy. It is seen that Harmony is not only a project created only to solve the issue of scalability but also bring the blockchain to a more advanced era.

The breakthrough offered by Harmony

 

As a platform created to become the next generation of blockchain, Harmony certainly offers breakthroughs in several aspects that are expected to be maximized well to achieve a radically good economy. The following is a breakthrough made in several aspects:

a. Fully Scalable

Harmony’s first breakthrough is on the element of scalability. As we have already known, the issue that is being sought out is the scalability. What makes Harmony is a fully scalable blockchain is the fact that it shards the blockchain states, unlike the previous blockchain which claimed can handle the scalability issue.

b. Secure Sharding

The second breakthrough is safe sharding. One way to solve the issue of scalability is by sharding. Sharding is creating many groups of validators and making them conduct transactions simultaneously. It certainly requires a secure system to process transactions simultaneously, and Harmony has proven that the process of sharding in their platforms is safe due to distributed randomness generation or DRG processes. The function of this DRG is to make the sharding process unpredictable, unbiased, valid, and last but not least scalable.

c. Efficient and Fast Consensus

The third breakthrough that Harmony made is a practical and fast consensus. Harmony Consensus is dynamic because it uses Proof-Of-Stake or PoS, which provides the advantage of saving energy. Whereas the other blockchain uses PoW, which requires them to choose a validator.

d. Adaptive Threshold PoS

The next breakthrough is an adaptive threshold PoS. In this aspect, so that a node can join the network, a bet threshold is adjusted based on the total bet volume. This method is done so that the malicious stalker cannot concentrate on one shard.

e. Scalable Networking Infrastructure

The next breakthrough is scalable networking infrastructure. In this aspect, Harmony uses an Adaptive Information Spreading Algorithm whose function is to spread blocks quickly in fractions or across networks. As for achieving an algorithmic scale cross-shear transaction with a specific amount, Harmony uses the adopted Kamdelia route.

f. Consistent Cross-Shard Transaction

The last aspect of making a breakthrough is regular Cross-shard transaction. In this aspect, the factor that influences the consistency of cross-shard operation is the atomic locking mechanism used by Harmony.

Those are some of the breakthroughs made by Harmony in several aspects of the blockchain. The innovations presented by Harmony are undoubtedly able to provide applications that were previously not feasible on the blockchain to be something that can support a newly emerging decentralized economy. Increasing the trust of billions of people is one reason why Harmony made innovative breakthroughs.

Website: https://harmony.one/

White Paper: https://harmony.one/whitepaper.pdf

Blog: https://harmony.one/blog/blog.html

 

Sharding and Consensus

Consensus protocols are a vital element of each blockchain because it plays a role in determining how safe and fast blockchain validators one is to be able to reach consensus on the next block. The commonly known consensus protocol is Proof-of-Work, which is used for cryptographic solutions. Whereas the other consensus protocol, Proof-of-Stake, was used by Harmony as the basis for the selection of the Harmony consensus Validator.

 

A little explanation about sharding, scalability is an issue of concern in the world of blockchain technology. Every new project that will be launched tries to solve the problem by claiming to have found the answer. But, when Zilliqa, which is the first sharding-based public blockchain, appeared and claimed to have found a solution, the solution offered was not proven to solve the issue of scalability. It should be noted that the issue of scalability is not only a concern for those who work in the blockchain industry but also those in the academic world. This issue has attracted a lot of attention since 2017.

 

Describing sharding as a solution to scalability problems, before claiming to have found a solution, Harmony has tried various approaches to assign nodes to fractions which of course have been proposed first. Portions referred to are random-based sharding, location-based sharding, and centrally controlled sharding. After going through the process of this approach, it was found that randomness-based sharding was the safest and most recognized solution.

To determine sharding tasks on each node, a mutually agreed random number is needed, and the number must have several properties. Among these are random numbers. Which means that no random number can predict before it is produced. Other features are unbiasable, which means that there should be no bias by any participant when the process generates a random number running. The third property is valid. The meaning can be verified is the observer can verify the validity of the random number generated. Last but not least, the previous property is scalable. Randomness generation algorithms must scale a large number of participants.

Website: https://harmony.one/

White Paper: https://harmony.one/whitepaper.pdf

Social Media:

https://twitter.com/harmonyprotocol
https://medium.com/harmony-one
https://t.me/harmony_one
https://www.instagram.com/harmonyoneprotocol/
https://www.linkedin.com/company/harmony-protocol/
https://harmony.one/discord

By • 366 • Tags: , , , , , , , , , , , , , ,

ingot coin

Aug 8 2018

Whole Macroeconomics Coverage With Ingotcoin

The world of macroeconomics is always been a mess, as the transaction, brokerage, banking institution, to even the global monetary situation is always been shifting from one polar to another. The disruption in the world technology has brought a massive impact to the whole monetary transaction, and thus creating so many windows of possibilities that are very beneficial to the world today. The world has witnessed so many changes in the form of monetary transaction, be it the traditional and conventional methods of exchange, to the moneyless and paperless form of currency that has been ravaging the world of the economy today. Even there are so many forms of newer currencies, which are called the cryptocurrency that has brought so many changes in the monetary and economic realm. Those changes have been proved to be double-edged swords, which if are left unattended, they will bring chaos and disorder to the world.

The cryptocurrency that has been brought by the platform has proved to have changed the way of life significantly. The blockchain platform which mostly comes in the form of the disruptive oriented business platform has emerged and offered a  new way of business and transaction for the people of the world. The transparency and the decentralized platform that has become the very nature of the world of blockchain has proved to be very effective and time-wise as they can be conducted and operated everywhere across the globe. There are so many business forms that have been birth by the world of the blockchain, from the simplest health care system to the housing mortgage platform.

But nevertheless, the world of cryptocurrency is far from over, and thus need to be improved. There are several issues that can be found in the world of cryptocurrency, which are:

  1. Lack of trust

This is very normal since the world of cryptocurrencies, or the token is very new and therefore making it very hard to be trusted. The value of one particular token is also very definitive to the community, making it very fragile in the broader scope of the economy. The society is also having a hard time to put the trust in the world of cryptocurrency since they are very fragile, diverse and doesn’t have a single bank to maintain the value of those tokens that have been circulated in the world today. And due to this lack of trust, therefore the people will find it very hard for the cryptocurrency to be used in a real and serious economic transaction. This situation needs to be changed otherwise the token will never earn their places in the world economy today.

  1. Impractical

The worst enemy of the token is the impracticability of the token usage. The token usage mostly used as the main transaction that occurred within the platform itself. Several transactions that are occurred within the platform could become in the form of paying for access, upgrading account, paying for services and so forth. The usage of the token outside the platform is barely visible, though several parties have tried to solve the issue by adding the third party merchants, or the mechanism to use the token for daily usage. But still the token nowadays are mostly used for investment and therefore the practical usage of the token is lacking and people tend to sell the token to gain the fiat currencies.

  1. Lack of inter-platform connection

The platform of blockchain is almost limitless, as there will be always more and more platform emerges on the internet and start offering their own token. those phenomena are very good for the growth of the economy, but the lack of connection between the platform will make them more and more separated and thus could potentially bring chaos if left unattended. The platform needs to be integrated, although without sacrificing the brilliant idea of the decentralized mechanism. The integration, in this case, is the coordination to form a better solution for the transaction and the token usage so that the user, which are the people of the world will start to gain the practical benefit and making the cryptocurrency gain the trust of the people.

  1. Market barrier

This issue is actually related to the lack of trust that has been plagued the cryptocurrency world from the beginning of the blockchain spread on the internet. There are several countries which are open handedly accept the existence of the cryptocurrency, but there are also many countries which banned the usage of cryptocurrency and making them completely isolated from the usage of the token as a whole. This is because the country such as middle eastern countries, China, and the even USA are very difficult to trust the cryptocurrency, as they are bringing so many disruptions to the whole economy and making instability for the country. In order for the token to be widely spread across the world, the platform needs to gain the trust of those countries and this removing the market barriers.

Cryptocurrency is without a doubt a very new world with a very new mechanism and methods of transaction. Surely the people will need to learn and adapt for the further usage of the token. but the world of cryptocurrency is also needed to be improved for an extended usage for the people, and to make the world trust the token and the blockchain more.

For further information concerning the overview of the blockchain platform, you can visit the web pages below.

https://www.ingotcoin.io/

https://bitcointalk.org/index.php?topic=3581009

 

 

The Solution For The Current Crypto Market: Ingotcoin

As we have seen so many issues that have been ravaged the world of cryptocurrency, the system needs the solution to solve all the remaining issues in order for the cryptocurrency world to be accepted widely. As so happens, the solution comes in the form of another blockchain platform which attempts to make them a bridge between all kind of token that has been circulated currently, and also integrating the token with a legitimate banking institution so that the token can gain more value and sense of security. The token, which is the primary thing for the blockchain need to be protected from the value degradation otherwise the entire system will start to collapse one after another. The integration of this platform with the banking institution will further strengthen the token foothold in the world of the macroeconomic.

The second issue that needs to be solved immediately is the scope of a transaction. As we have mentioned in the issues above, the usage of the token need to encompass a very large portion of the transaction to gain the status of practicability. The token need to be able to be used for any kind of transaction so that it can be used widely and by all kind of people. The token nowadays are very limited in scope and thus making the usage of the token very weak and impractical. This can be resolved by the increase of the scope of the token usage, and mass integration with the tradition and conventional market so that the token can be used for day to day transaction.

As so happens, the platform has created several solutions for the issues that have been mentioned above. Here are the solution offered with the ingotcoin platform for the world of cryptocurrency.

  1. Token wallet

The token wallet is the places for the platform to store their token for further usage or simply just for storing it. The token wallet is a great idea and a very secure place to store the token, but as it happens, the main issue of the wallet is their inability of the token wallet holder to store more than a type of token at once. Many platforms will exclusively use the token wallet for one particular type of token and thus make the wallet less efficient. The wallet must be able to store multiple token types so that the transaction for the whole token can be very easy, and the token exchange can also be conducted faster and better too.

  1. IC exchange

The coin exchange is very critical for the platform used as the token need to be exchanged in a proper manner and in the right places. Usually, the token holder will visit the third party platform to exchange the money to the token or vice versa, or from one token to another. That is time-consuming and less efficient, as they cannot do it instantaneously in their own wallet. Having the ingotcoin platform is just like having a walking money changer, as you can easily change your token in very simple steps, which can be very beneficial as the world of cryptocurrency heavily relies on the speed of transaction.

  1. Brokerage

This is what makes the platform interesting, as the platform shows the prices of several important goods, such as the foods, the material, and so forth all over the world. After you use the brokerage features, you can purchase those goods using the tokens and you can re-sell the goods for the better prices, as that how the brokerage goes. The brokerage features also will allow the investor to access the prices and the market demand easily and faster as the platform employs the real-time services in their platform. Using the brokerage features, you can easily access the goods that can be brokered and purchased using your token only.

  1. IC digital bank

Even though this won’t work s the central bank in the USA, this bank will provide the bride for the heavy token transaction such as the brokerage transaction and the goods purchases using the tokens. the digital bank will serve as the middle parties which will legitimize the purchase and ensure that the value has been met by both of the parties. the bank will also track the purchasing record so that the future can be settled peacefully as brokerage world is very prone to any form of conflicts. The remittance speed and the fees that will be involved in that bank is very cheap and efficient, meaning that the user will be able to use the bank as fast as they can, and with the lowest fees possible.

For further information regarding the features of the platform, you may refer to the web pages below.

https://www.ingotcoin.io/

https://www.ingotcoin.io/documents/en/white-paper.pdf

https://www.facebook.com/ICOINGOT/

 

 The initial coin offering

The ICO, or usually referred to the token sale also happen in the ingotcoin as this platform is based on the cryptocurrency and blockchain platform. To acquire the token, one must follow the token sale of the ICO, as the token will only be distributed there. No more token will be created outside for the sale, and any token which is left unsold will be burned and destroyed.

There are only two types of sale that are being implemented in the platform, which are the pre-sale  and the public sale. The pre-sale is already over since it has started around may and end in June and the bonuses for the pre-sale is around 35-25% which will decline 5% per week. As the public sale, the platform applies a huge variant of bonuses ranging from 25 to 0% of the bonus, and start on July the 1st to 15th August. The bonus, just like the pre-sale bonus wills gradually declining by 5% per week.

There is no the soft and hard cap per sale,  as those caps apply generally to all kind of sales. it means that if the hard cap has been reached in the pre-sale, the wholesale will be automatically canceled for good. The soft cap of the sale will be 37million USD worth ingotcoin token and the hard cap will be around 90 million USD.  As the token usage, you can use the token for any kind of transaction, from purchasing goods in the brokerage, certifier, or simply exchanging it in the IC exchange. The usage of the token is quite wide and various and therefore you can find the token usage very practical. As always, you can also vest the token for a number period of time, and then exchange it to obtain the fiat currencies.

For further information concerning the token usage and token sale, you may refer to the web pages below.

https://www.ingotcoin.io/

https://t.me/INGOTCoin

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

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