ethereum

Harmony: a Breakthrough platform for a better future

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

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Swiss Alps Mining and Energy as The Solutions for Unused Building Management

Swiss Alps Mining and Energy as The Solutions for Unused Building Management

In this digital era, the development of financial aspect grows up rapidly. The electronic transactions become a trend in current time. The discovery in this field is a blockchain technology. This is one of the new technology which is active in digital platforms. The blockchain is an application that has so many advantages, especially on decentralized system implementation.

The blockchain technology method is managing the transaction and providing a decentralized system to make the operation more profitable. The blockchain users should have the knowledge and experience before joining on this platform. The blockchain will change the users’ assets becomes digital assets. Blockchain can called as a recording data system that spread by the network. It is so practiced and beneficial for businessman, bank, and for people around the world.

Swiss Alps Energy AG (SAE) is an incorporated company which is engaged in the mining sector and having the legal identity from Government Office in Switzerland. In Swiss Alps, there are lots of abandoned buildings because there’s no legal permission from the Law of Spatial Planning to be developed into the public residence. Based on that case, SAE offering the mining facilities that environmentally friendly for unused buildings.

SAE make use of energy to maintain the unused buildings without damaged an environment. The use of energy to fill up the human necessary always increase time by time, it’s indicated that the energy should be utilized wisely. Then, to make it secure transactions, SAE using a blockchain technology that has been launch in June 2018. Through the blockchain technology, the transparency of transactions will appear, and it will create the intensive interaction between the users and the SAE team.

Swiss Alps Energy AG established by the talented and professional team. The team consists of the professional cryptocurrency for miners, the developer of applications, and the specialist in blockchain technology. These part of teamwork in focused and intertwine a synergy to building a strong atmosphere in SAE Company. SAE also has the professional civil engineers to develop the platform. The civil engineers have the role to analyze the appropriate technology to maintain the buildings and checking the energy supply. The SAE teams usually face the problems and challenges, but the team has been a success to overcome both.

Now, the SAE group already presented several products, giving the solutions, and launched the blockchain technology application. It’s good news for the world, especially for the users. Because the SAE is the breakthrough with utilizing the digital platform. Now, SAE company still doing some trial to complete the application. Are you interest to know more about Swiss Alps? You can visit the links below.

Ann Thread: https://bitcointalk.org/index.php?topic=3799103.0

White Paper: https://swissalpsmining.io/pdf/whitepaper.pdf

Website: https://swissalpsmining.io/

ICO website: https://tokensale.swissalpsmining.io/

The Combination Of Technology And Environment

Swiss Alps Energy AG is utilizing the blockchain technology based on digital application. This is one of an easy system which is usually used on the digital platform. Nowadays, the revolution of blockchain technology influence in all of living aspect, include mining. As we know, since discovered a bitcoin, the digital transaction become more accessible than before. Then, bitcoin is such a new standard of cryptocurrency.

The ability of blockchain technology not only in cryptocurrency sector, but the blockchain technology also offers an easy and transparent transaction, safety and low of cost. It will make the business more effective. The SAE company use this technology and combines with environmental issues. The blockchain technology becomes the business model to knowing the availability of energy supply and deciding the price of it. The increasing of cryptocurrencies use becomes good news to combining the technology and environment. Cryptocurrency can decrease the risk that may occur in the future. This is one of the facilities from SAE as the actualization of company responsibility.

In several countries, the availability of resources, the condition of the environment is under the standard. The used of energies are too much with no control. This condition will give an impact on climate change, and in long-term it will be a danger to the mining process. The mining process should be done with climate-friendly for energy, such as the natural temperature. For example in Swiss Alps, there is a disintegration between the government rules with developer needs.

In there, the unused building isn’t managed correctly, in another hand it should take an action as soon as possible. So, it needed the right strategies, how to create policy without disturbing another building. Besides that, the energy consumption also can’t be separated from this issues. The consumption of global energy should be done wisely, productive, and under control. Through the right strategy, it will be reducing the energy up to 30%. That’s why Swiss Alps Energy AG company is creating a blockchain technology based on environmentally friendly.

The most significant energy usage in this world is IT infrastructure. It’s up to 416 TWh in one year, and 29 TWh is consumed for the bitcoin mining. Based on the Index of Bitcoin Energy Consumption, the increasing of bitcoin consumption has been reaching 30%. If this condition continues and keeps the increase significantly, bitcoin will grow and become the success of digital finance. Then, the bitcoin mining will increase too and have the chance to utilize maximally. This is such an excellent opportunity for SAE to develop the company and provide the best service for clients. However, these all can’t be reach without increasing the product quality and supported by the trust from clients.

Launch The Application “SAM”

The application is the basic to develop the company in this digital era. Through the application, the data record of transactions will be safe and valid. The application also makes the transaction more transparent. Since discovered smartphone technology, the application grows up rapidly. The number of smartphone users is potential to be a market target. Using an application becomes the habitual action in daily activity, so it’s a great chance to take a commercial application. Through the application, people can do their activities practically because smartphone not only design to communicate but also for another purpose, like economic activity. The economic platform application gives the positive impact for the businessman. What is the positive impact using an economic application?

  1. The transaction will ensure safety and valid.

As we know, the application able to record the data transactions that the users do. In general, the businessman has the financial flow, such as income and outcome. By using the application, it will work such as a transaction reminder.

  1. Cheap

Using application is more effective and cheap because the people shouldn’t spend their money to transport. Just ensure there’s internet network around them. The transaction can do easily.

Considering all the conveniences that people will get, Swiss Alps launch the “SAM Application.” SAM app is a facility for everyone who wants to know more about SAE. Users can get the notification from SamaiX in real time. Through SAM App users also can doing a transaction. This app also completed with a security system which is important to secure your data. Users will get the unique ID that different from each other. It will be done by SAM KYC or AML that offering the solutions in implementing the SAM App. Using SAM App, users can be doing monitoring and get the information about mining itself, like prices, volume for supply and demand. It will become the useful application for people around the world. ‘click’ from your smartphone, you can transact everything.

 

SAM Cubes Unit

To support the work, the infrastructure becomes the vital part. The infrastructure has a main role to build a strong company. SAM Cubes is one of the SAE infrastructures with a specific design for users. SAM Cubes unit is a flexible mining cube that offering the automatic cutting edge. This cubes a low budget for maintenance. The mining process will recover the energy up to 50% because the cubes are completed with ORC (Organic Rankine Cycle) system. ORC can reduce electrical power usage. It’s work like a saver than the same installation.

The SAM Cubes is recommended to use in high altitude, and it will need the temperature up to 30 degrees Celcius to the mining process. The ORC system that implements by SAE Company is the first technology which other companies haven’t yet applied. Swiss Alps Energy AG tries to offer solutions to solve global mining problems. It will become effective, profitable and secure to use.

The SAM Cubes consists of two types, there are the first model or usually called SAM Unit 1 has the size 4x2x2 meter. This model can be completed with GPU or ASIC miners, SAM Unit 1 able to accommodate 50 ASIC with a total amount up to 1650 TH/s. Total capacity for GPU rigs is up to 5000 MH/s. This type is offered at a price 22 bitcoin and 124 ETH for a year. Then, the second type is SAM Unit 2 with 8x2x2 meter size, and total capacity is up to 3300 TH/s. This type is wider than unit 1. The clients are free to choose type 1 or type 2. Both of them are available in a short time. To operating the SAM Cubes, it doesn’t need the conditioning air system because the temperature of Alpen mountain is below 15 degrees Celcius, so it will create the natural conditions itself to cooling the mining.

The SAM Token for Sale

Swiss Alps, Mining and Energy AG, use SAM token as the payment instrument. The specification of token that SAE use is Ethereum type ERC20. Ethereum is a blockchain network or usually called public peer to peer with Ether as digital currency. Ethereum designed to save various data transactions. The data can be access and used through computer programs which are run in blockchainEthereum.

These programs called decentralized applications (dapps). The developer in worldwide can build and run dapps on Ethereumblockchain. Ethereum usage aims to repair the financial industry and the personal information stored by utilizing the transparency of blockchain itself. Ethereum able to handle the accountability of transactions, and providing private data.

The transactional blockchain smart contract is needed for SAM token sale. This smart contract should have the ability to make sure that the interaction which people do can be compared and integrate with previous transactions consistently. Ethereum is only way that can adopt these function. Each user who doing transactions for buying or rent the SAE products will get a minted SAM token, then these SAM tokens can be stored in your compatible wallet for ERC20 that is SAM wallet.

SAM Wallet offers the convenience for users, and they can rent or buy the SAE products with SAM coin which is available on SAE platform. The interaction between users and the platform can be done via the website. The users also can use another wallet such as My Ether Wallet, Meta Mask, Parity and Mist.

Why Should Choose Swiss Alps Mining and Energy AG?

Swiss Alps, Mining and Energy AG, is the first company that able to combines the latest technology with environmental issues. It’s a discovery worldwide in this era. As we know, all people around the world can’t be separate from their gadget, especially in economic activity. SAE see the potential market in this field. The people are already rethinking to go back to nature and using environmentally friendly technology. The human awareness of the importance of protecting the environment begins to increase.

The SAE Company seize the opportunity to provide environmentally friendly products without disturbing their habit of using gadget. SAE Company has the high commitment and responsibility for clients and nation. For clients, SAE always takes an effort to offers easy access, good service, and high-quality products. Besides that, SAE is also keeping customer trust. In another hand, for nation SAE company help the government to reduce the environmental damage without breaking the rules. By joining Swiss Alps Mining and Energy member the people will get lots of advantages. Do you interesting to know more about SAM? Please visit our social media:

 https://www.facebook.com/swissalpsmining/

http://t.me/swissalpsminingICO

http://t.me/swissalpsminingICO

Revolutionize The Exchange Platform With KubitX

Revolutionize The Exchange Platform With KubitX

As the economic progress, several things have been introduced to the world, such as the advanced banking system, the new currencies, and the new economic policies. One of the most radical changes in the world economy today is the banking system and the new form of currency that has emerged just very recently. The cryptocurrency is the digital currency that is very new and different with the digitalized fiat currencies. The cryptocurrency applies an entirely different form of money with a very different schematics that the world has never seen before. The money or the token Is usually absorbed into the ecosystem of the blockchain, or a set of the decentralized and interconnected form of network that can be accessed individually in the specific area. The world of the financial sector has been forever changed in the dawn of the cryptocurrency.

But the new tech is not just emerged and devoid of all issues. Even seems prominent to challenge the ongoing and current form of business, the money is not very perfect in the term of practicality. In fact, one of the most damaging parts of the token critics is the lack of practicability, and therefore render the token useless outside a particular platform. The token is also suffering from the lack of security which is very vulnerable to any hacking and cracking attacks. It is estimated about billions of dollars has been lost due to the hacking attacks that have been conducted by a different hacker all over the world, who are exploiting the vulnerability of the new emerging platform. This makes the global economist skeptical about the rise of the cryptocurrency, and thus, those issues need to be resolved as fast as possible to expand the cryptocurrency and their platforms further.

To summarize things up concerning the crypto world, several damaging issues need to be resolved by all the platforms which apply the token.

  1. Security

This can be the most important thing for the platforms to concern about, as they are very lacking and thus can damage their entire ecosystem should a massive hackers attacks this platform. This security process is in fact currently undertaken by the various platform that runs their business, by adding more protection and cutting-edge technology for their ultimate security. Several platforms are also doing some multi-layer verification steps for the user to that only the respective user can access their wallet to store their token and exchange it as they please. The security need not only to adapt but also to outsmart the hackers by closing the gap and strengthening the weakness of the platform so that the hackers could no longer breach it.

  1. Exchange

The token exchange is very important since many token platforms rely on their ability to vest their token so that their token will have their investment value for the user. But the problem is, not many platforms provide the token exchange for the user and the customer of the cryptocurrency, but even if there are several platforms that do provide such services, the platform still plagued by the issues such as the lack of security, the high fee per transaction, the slow rate of transaction, and the limited scope of such services. This makes the people that are isolated or located in the remote places cannot have access to some of the platform services and thus generating inconvenience for them.

  1. Lack of customer services support

The customer services are essential to support and to give the education to the user of cryptocurrency. This is understandable since the world of cryptocurrency is still developing and just existed a few years ago, and therefore not many people know about the token platform. The critical information such as how the exchange works, the fees per transaction, the vestment value, the token worth and the general advice for the newbie investor are given by the customer, and therefore the customer services are essential for them. But unfortunately, not many platforms concerns for the customer services and thus make the customer having a difficult time to know the platform better and to conduct a smart purchase for their investment.

  1. The limit of the scope

This is also the serious issues that need to be dealt with by the platform of cryptocurrencies. There are numerous of the platforms nowadays in the world, but unfortunately, not all of them embraces the whole world. We do understand that there are several legal and infrastructure barrier to enlarge and broaden the services of the platform, but there is not a single platform which attempts to remove those barriers. The desolate regions in Africa and the remote places in Asia will never have any chance to be embraced by the platform, and thus they will be left out by the world. The scope of the platform needs to be so wide that it embraces the many countries so that the world of cryptocurrency can be well known and widely accepted by the people of the world.

For further information concerning the issue of a platform and the world of cryptocurrency, you can access the web pages below.

http://www.kubitx.io/

https://bitcointalk.org/index.php?topic=4628365.0

 

The Services Of Kubitx And What They Offer

The platform provides a tremendous change compared to the other platform that provides the services of exchange. The most critical part of the platform is that this platform provides the ability of the user to store their money, be it the crypto token and the fiat currencies alike. This is what recently needed by most of the people, especially that located in the remote region such as African and Asian region. Those people are lacking in the banking services coverage and thus still applying the most basic and traditional monetary system which are very vulnerable to any attacks and imbalance in the global economics. That is why the issue of inflation is the western African are very staggering since they do not have yet integrated to the global economic market.

By applying the Kubitx, not only they will be able to exchange any kind of token to any fiat currencies that they desire, but they will also be covered in the banking services so that they can transfer and exchange their fiat currencies as fast as they can, compared by utilizing the traditional form of exchange. This will encourage the local economy to grow and stimulate the prosperity of the surrounding region.  But those ideas and goals are long-term since the pre-condition for that goal to be achieved Is the massive usage of the apps in the regions.

To sums things up, here are several issues that can be resolved by utilizing the platform.

  1. Economic integration

The integration of the local economy into the global economy is essential in this day since it will make the economy much more stable. Even though there are several risks of integrating one country economy to the global scale, the benefit will certainly outweigh the risk since there are so many benefits that can be acquired when a country chooses to do so. The linkage of the economy will be in the form of crypto exchange and fiat currencies transfer that will cover a massive part of the world. That is very important for the local economy to grow since the locals can benefit by utilizing the apps and the tech that can certainly bring more positive impact for the people.

  1. Fast rate exchange

As one of the most important thing for the cryptocurencies world is their ability to be exchanged with all forms of fiat currencies. This is pleasant for all investors that wish their money to be converted to the token, hoping that their token value will grow in the meantime. But there is one difficult issue for this features, which is the slow rate of exchange, and the fees that have been inflicted on the user by the platform. Up to now, there is not a single standard that can formalize the exchange of token to fiat currencies, and therefore the value of a token will generally be dictated by the platform itself. The fees that have been applied by the exchange platform is also rather high and therefore making the token holder grumbling as their token worth is no longer valuable and benefit the holder.

  1. Simple and easy to use

The most satisfying things about this apps are that the user interface, as well as the thorough services that are included in the services are very simple and easy to be used. Even the most inexperienced user will automatically understand how to conduct a transaction such as to buy a certain token, or to sell it, or to exchange it to the other fiat currencies. There are also large variations of token that you can purchase and exchange by utilizing this platform, making this platform very versatile and useful for all the cryptocurrencies player.

  1. Customer support and multilingual

The most important thing for services that want to be spread out and covers a massive part of the world is the customer services and the features of multilingual. There are a lot of languages that are being used by many people besides English, such as the Russian, Chinese, Arabic and so forth. Fortunately the platform does these languages along with the other languages, as this platform employs about 5 languages in it. The customer services, whom will interact with you and the other user will also be able to speak those languages so that you can speak with them in your respective language. The platform has huge mission and vision, which is to encompass a large swath of the world, and therefore they need be able to grasp the market by expanding their services and integrating their services to the rest of the world. This is one step ahead of introducing the cryptocurrency to the rest of the world, and to make the token as one of the most influential money, along with the fiat currencies.

For further information concerning the platform and the mission of it, you may refer to the web pages below.

https://www.kubitx.io/

https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

https://www.facebook.com/kubitx/


The Token Sale And It Distribution

Since the platform employs the blockchain system, therefore they have their token and their token sale. The kubitX token or merely the token is the token that primarily used by the platform to conduct the internal transaction that occurred within the platform itself. The token can also be used to pay the fees per transaction, and you will have the 20% bonus, and therefore you can have the lower fees per transaction. By applying the token, you can also get the higher amount of money per transaction, since the fees are lowered. However, you can use any token or fiat currencies to pay for the fees.

And as for sale, there are three phases of the sale that is occurred within the platform, they are the private sale or referred to the seed, the pre-ICO, and the public sale. The private sale is already over, and now the platform is moving to the pre icon or the pre-sale. The pre-sale is already ongoing and will last for about a month, or at the end of August 31st. There is no soft or hard cap for any specific sale, but they do apply the caps for sale as a whole. Meaning that they will cancel out all kinds of sale whenever the hard cap has been reached. And as the caps, the soft cap for sale is about 10 thousand ETH, and the hard cap will be 25 thousand ETH.

The public sale, unfortunately, has not yet released and informed to the public, and therefore you need to wait for the platform to move to the last sale. But as we have already mentioned above, if the cap Is already reached in the pre-sale, therefore the public sale will be canceled. The worth of token for the public sale is also not released, and it seems they are waiting for the result of the pre-sale. If you are interested in the pre-sale, you can join it by spending about 25 ETH, as the requirement for the people to join it.

For further information regarding the token sale, you can access the web pages below.

https://www.kubitx.io/

https://t.me/kubitx_official

Posted by kurniawan05

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

Making Crypto Token More Practical Day To Day

Making Crypto Token More Practical Day To Day

The technology has brought us so many advancements in the term of economy, and it has already opened up countless windows, and one of them is the form of currency. Up to now, we recognized numerous forms of fiat currencies such as dollars, euro and etc. but since the dawn of the cryptocurrency, we know and increasingly familiar with the token of the cryptocurrency. One of the most used and discussed tokens is the bitcoin and ethereum since they are one of the leading tokens that had ever emerged and shape the world of cryptocurrency. Now, there are a lot of platforms that have their own token, and each token has their own value so that their transaction is a bit complex thus hindering the further growth of the cryptocurrency.

The emergence of numerous platform in the terms of cryptocurrency is very healthy for the economy since they are disrupting the conventional and old style of business and thus making it an obsolete and replaced with a newer and fresher crypto platform. Many kinds of business have their own way of disrupting the old and conventional form of business, and thus creating more and more diverse forms of business. But as we can see today, the growth of the crypto-based business is coming to a halt since they are facing a serious issue, which is the practicability of the token. there are many forms of token that are issued by the platforms, but unfortunately, almost none of them are able to be used outside the system of the platform, meaning that the currency is failed to fulfill their very essence, which is to become a tool of exchange.

So the question may arise, is the token are worth to become a new form of money since they have no practical use? The answer might be tricky since the token is already fulfilled the other condition to be called as a money. here are several features that are already owned by the token that is similar to the fiat currencies.

  1. Portability

A money needs to be portable, and therefore it can be brought everywhere and can be exchanged anytime. A token has already fulfilled that condition too since it is located in the wallet that is connected to the ethereal ecosystem. Even the token is not coming in the physical forms such the fiat currencies, but rather digital currencies which are even easier to carry. There is a wallet to store the token that is owned by every person that is integrated with the ecosystem of a particular token platform, and that too is portable and easy to carry.

  1. Durable

A money can’t be destroyed so easily since it is a very important thing a man can have, and therefore the money needs to be made by a durable material such special paper, silver and so forth. The cryptocurrency is also very durable since they are not coming in physical forms, but rather digital forms. The security of the platform is also sophisticated and almost impossible to be a breach, making it very secure. the smart contract and the ledger are also used to track any kind of token transaction all across the globe so that the system knows how many tokens that is owned by a particular man and so forth.

  1. Has value

One of the most important features a money must have is the value, otherwise, it is just a useless piece of paper. The token also has their own value and unlike the fiat currencies, they are practically immune to inflation. Inflation happens due to several factors, and one of them is the excessive money printing that a nation does. The token is simply different with the other forms of money since it will not print out or be made again once the token generation event is concluded. Any excessive or un-purchased token will be destroyed automatically by the system.

  1. Difficult to counterfeit

Counterfeiting or faking the money is a very serious threat to the monetary system since it will damage the whole monetary infrastructure in the long term. There are many countries which are vowed to end the counterfeiting by establishing special ops across the country and the world. But that is simply not the case for the cryptocurrency. As we already see that the system and the protection that protects the servers and the wallet are heavy and making it impossible to counterfeit the token as a whole. It is safe to say that the digital money such as the token is the safest form of currencies ever made by a human.

But no matter how great a token is, it will be a worthless data if such coin is unable to be used in every day to day transaction. Therefore the world of cryptocurrency since stagnates due to the lack of use by the people outside the system. At least that is the case before the emergence of fuzex.

For further information, you can access the website below.

https://bitcointalk.org/index.php?topic=2776789.0

https://fuzex.co/


Fuzex And The Solution For Every Cryptocurrency

The impending issue of the token is the usability, and every platform is desperate tries to solve that issue but unfortunately, that issue still lingers around us. But there is one emerging platform that will ultimately solve the issue, which is called fuzex. Fuzex is a platform that tries to bridge the platform which issues a token, and the vendor or the merchant that is usually visited by the people. What this platform aim is to make the vendors and the merchant accept the token and therefore the token can be used outside the system too, not just in the form of investment. The fuzex is issuing the smart card which can be used as the token center so that the token of yours can be tracked and stored safely and thus used for every day’s transaction.

There are several main features that are offered by the platform, they are:

  1. Storing multiple token forms

As we already know there are so many types of token that are circulating in the world of cryptocurrency, such as the bitcoin, ethereal, and so forth. Those token has their own value and therefore can be used as the forms of transaction. The smart card or the card that will be handed once you’ve been integrated to the system will be able to store up to 30 forms of the token and therefore it is very convenient if you have so many tokens in various platforms.

  1. Easy to use

The easier a platform, the more practical it will be. The procedures of using this platform are so easy and simple and making it very practical for every people to use it. There are several apps that will help you to navigate in the platform, which is the mobile wallet app that can be downloaded conveniently in every mobile platform be it apple or android. Through that app, you can see the number of tokens that can be used by the user and the worth of each token to the fiat currencies which is dollars.

  1. Long last battery

The smart card will utilize the battery since they have a small led screen to project the chosen token and how much the token is. The battery is very slim and therefore very simple and easy to be stored safely inside the wallet. The batter also will last around 45 to 60 days so that once you have fully charged the battery, you don’t have to recharge it in a very long time. It is very important to watch your batteries though as if it exhausted, the screen won’t appear and you can’t use the smart card to perform any transaction anymore.

  1. Bluetooth connection

The fuzex cards or the smart card need to be synchronized with the wallet so that the card will know and remember what kind of token that you have, and how many of them are in your wallet. The wallet and the card will have their own connection which is the Bluetooth connection to synchronize one after another almost instantaneously. It is very easy to do either since all you have to do is just turn on your Bluetooth and connect it to your smart card. The smart card will synchronize almost instantly and ready to be used afterward.

  1. Device tracking feature

It is very common that someone lost their ATM card or credit card which can be very annoying. Fortunately, the devices support the device tracking to the card so that you can see the card when you last time use it. The tracking device is also followed up by the interactive map so that it will be easier for the people to track their card. However, it is impossible to use the card when they don’t have the fuzex wallet since the card and fuzex wallet need to be verified both ways in order for the card to be working.

For further information concerning the card features, you can check the link bellows.

https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf

https://twitter.com/fuzex_co


The Token Generation Event

  

Just like another platform that issued their own token, this platform also issues the token of their own which is called by the fuzex token or FXT. The main usage of the token is to upgrade your account so that it reaches the full potential of a card. There is a major limitation if you have fully upgrade your account, such as the limitation to performs a transaction, and you have to pay higher for membership fee per month. The membership fee is aimed for the maintenance of the servers to protect the data and secure the token for each of the members, just like the bank withdrawal occurred monthly.

The token sale is also very typical since the platform has the three types of typically used token sale, which are the private sale, the pre-sale, and the main sale. The private sale has reached the soft cap around 20 thousand ETH very swiftly. after reaching the soft cap for in the private sale, the pre-sale is conducted on January 15th to February 15th or a month full period. the hard cap for the pre-sale is 20 thousand ETH and in fact, that is the cap for the wholesale. The public sale is due to the goals already reached in the pre-sale and therefore the public sale is no longer necessary.

As for the worth of the token, one ETH token is worth around 12 thousand FXT,  and in order to purchase the smart card, one needs to purchase the FXT equivalent to 5 ETH. That is one of the main features in the fuzzex, therefore, they need to make a purchase for a minimal 5 ETH. But considering that the token is already sold out even the public sale has not started yet, the popularity of this platform is skyrocketing and cannot be underestimated. This is perhaps due to their unique usage and their smart card to ease the transaction of the card holder.

As for the token allocation, here is the information concerning the token allocation.

  • Token sale 60%
  • Advisors and partnership 5%
  • Bounty and donation 5%
  • Technology acquisition 15%
  • Founder and employes 15%

The main allocation besides the sale is the technology acquisition since the platform heavily relies on the technological advancement to ease and simplify even more to make the platform even more widespread to many merchants and vendors. As the team foresees, the usage of the platform will heavily rely on the coverage of the merchants and the vendors so that more vendors are required to be integrated to the platforms and therefore making the cryptocurrency are able to be used in any forms of transaction. The cryptocurrency is indeed a very bright idea and therefore the usage of the token need to be spread out so that more and more merchants using it and gives a good alternative for the world economy.

For further information concerning the token sale, you can reach one of the sites below.

https://www.facebook.com/FuzeX.co/

https://t.me/FuzeX