The virtualization of the international market continues today. New electronic systems and digital currencies are emerging that attract investors and users to conduct various financial transactions. The Algorand cryptocurrency takes its place in this worldwide system.

About the Algorand project

This platform is a blockchain that seeks to create a dedicated transparent system. It enables users to achieve some success in decentralized projects or applications. The Foundation provides special assistance to young developers in launching programs. The main mission of the site is to create a seamless economy.

The crypto operates on a public blockchain with an open source algorithm. Ad hoc consensus contributes to the security, decentralization and performance of the entire system. It allows you to quickly conduct different transactions, compete with well-known payment platforms and scale to billions of nodes.

Algorand features

Algorand cryptocurrency differs from other blockchains in its high bandwidth. The use of a special PoS algorithm allows participants to receive bonuses for verifying financial transactions. Moreover, not everyone has the opportunity to get the validator status. The system has set too high requirements for candidates. But it is possible. The main thing is to go through a special procedure, which is prescribed by the authors of the project in the protocol. Today there are 2 options for implementing PoS:

A vote takes place, during which the weight of one vote depends entirely on the amount of funds in the users online wallet. After completing this procedure, the validator must confirm and verify the transactions.
The system blocks a certain amount of a potential candidate. It is a "deposit" that is charged in the form of a special penalty.
But these two methods have a certain disadvantage. This is too complex a procedure for the validator. It is the Algorand platform, together with PPoF, that tackles this difficult task. Each token holder can receive this status. Of course, everything is decided by the amount of money in the account. In this case, the probability of winning the vote increases. In this case, the validator does not need to make a deposit, and he can also leave the number of those who wish at any time. Why did the developers complicate everything? The answer is very simple. This ensures safety. Potential fraudsters are not able to guess or calculate the entire election process.

The system also offers its users excellent scalability with a high level of security at all levels. Algorand transactions are now independent of the number of participants. Consequently, the fees will be quite low when, for example, compared to the Bitcoin or Ethereum blockchains. Financial transfers are made in just a few seconds. This is the beauty of the sites decentralization. In the network itself, the authors have already built a special agreement that allows them to make further decisions about development.

The system has its own feature that distinguishes it from other platforms. Approaching a certain stage of development, developers publish their proposals for voting on the blockchain. If the majority supports the changes, they take effect immediately. In other similar systems, there is a certain split at this stage. Therefore, the team created the Vault algorithm to reduce the load on the nodes. Now the old information about transactions is no longer stored.

Therefore, the developer has created a universal system that not only functions autonomously, but also makes it possible to carry out any financial transfers as safely as possible. At the same time, users can be sure of complete confidentiality of all their transactions.

A little about the Vault algorithm. It was developed by the project team for blockchain compression. This technology allows:

Nodes do not store old transaction information. The operation is now valid for a certain amount of time.
Reduce the workload of nodes. Vault uses special sharding. Account information is located on several nodes. This does not require storing data about all users at once.
Detailed information on the technical features of the algorithm can be found in the White Paper, which is posted on the platforms official website.

How is Algorand created?

The first mention of the project appeared in the media in the winter of 2018. At this time, the creator of the Algorand cryptocurrency Silvio Micali and his team were able to get $ 4 million to create a blockchain protocol. This project was presented in Malta, which was based on work with the Proof-of-Stake protocol. The developers focused on solving the difficulties with distributed systems.

An ICO was organized in the summer of 2019. The Dutch auction mechanism was used. As a result, 25 million coins were sold at $ 2.40. Moreover, these auctions coincided with the official launch of the entire site, although the beta version began functioning only in April of this year. At this time, the platform was able to process approximately 1000 transactions in 5 seconds. Excellent throughput rate.

A little about the projects executive team, which is currently improving the blockchain. It is thanks to these developers that the system evokes a certain degree of confidence among investors:

Silvio Micali is a university professor, winner of several prestigious awards, Doctor of Science. He can be called the "father" of this unique project.
Steven Kokinos is the CEO of Algorand, in charge of strategy for the development of business ideas. Founder of several companies that are now successfully operating in the international market.
Sean Ford is the chief operating officer who is promoting the system to the market. His responsibilities include management, marketing policy and global community development. Also, this expert specializes in virtual trading, communication and brand building.
In addition to these developers, the team includes Pablo Azar, Nickolai Zeldovich, Naveed Ihsanullah, Sergey Gorbunov, Albert Wenger and other specialists. Their main task is related to the economic, technical, advertising and systemic development of the trading platform. Everyone has vast experience in the cryptocurrency industry.

The project cooperates with a number of companies. Among them stand out:

Fred Wilsons USV venture capital firm;
Jamie Goldsteins Pillar VC.
Also partners are CPC, Eterna, Brainchild, Mozaik, Lemniscap, MetaStable and other firms. But there are competitors who also use a voting system or similar decision-making principle. The authors of the project should closely monitor the activities of Monero (XMR), Litecoin (LTC), DASH, Dfinity. Especially the latest platform has similar functions. It is aimed at training a system that will be able to solve certain problems itself in the future.

Is Algorand Endless?

Today, you can buy tokens of this system on different exchanges, since the project is very interested not only by users, but also by large investors. Crypto Algorand is on sale on Binance, Bibox, Kucoin, Huobi. For example, on Binance, Algo is implemented in pairs with several digital currencies. To do this, you need to use a special form for creating orders. This system will help to carry out the procedure for the sale and purchase of cryptocurrency.

You can store tokens using a special application that is supported by the Android operating system. What are the other benefits of this program?

An account is created here in a couple of minutes.
Receiving or poisoning coins is instant.
The user has the ability to form requests to receive a crypt or respond to them.
Here you can view transaction histories.
Frequently used contracts are saved for quick access.
And thats not all the benefits of this app. Security remains a priority for developers. Therefore, the program does not collect personal information, and individual keys are located only on the mobile device.

Strengths of Algorand

Analysts treat this cryptocurrency differently. Someone sees in her a huge potential and development. Others are skeptical about the future of the entire project. But it has a number of advantages:

Scalability is infinite. The system selects a group of nodes for each block of transactions. They are completely hidden until the start of the confirmation procedure. Verifiers appear here randomly. Their numbers are not affected by the size of the network.
Transactions have no forks. In other blockchains, there is a competition of several nodes to close the blocks. In this case, there is even a problem with simultaneous operations. The result is forks. One block is moved to the blockchain and the other is discarded. Financial transactions that are conducted on this basis are not considered reliable. Therefore, Algorand has a well thought out consensus mechanism.
High level of security. The authors of the site guarantee that the network, protocol and user are not exposed to hacker attacks. All payment transfers are made using special protocols and keys.
There is no censorship here. This is due to decentralization and transactional neutrality. All decisions are made in agreement with the majority of users. At the same time, low commission fees attract new members. Their amount does not depend on the size of the network. Therefore, they always remain minimal. Thus, microtransactions or large payments are processed the same way.
The system is easy to evolve. What is meant? All new protocols are easily implemented on the blockchain. You dont even need a hard fork.
Although, like any cryptocurrency, this system has one significant drawback. Algos structure has a number of technical issues. They can lead to attacks by fraudsters who want to deliberately fork the platform. But the developers continue to work on eliminating this shortcoming.

Algorand in TOP currencies

According to coinmarketcap.com, the Algorand cryptocurrency is trading at almost $ 0.23 today with a market cap of around $ 111 million. This is not to say that the platform is at its peak. Some experts point out that a stellar team is not always focused on creating something new. Sometimes they just want to make money. An example is the EOS project, which was also called the "Ethereum killer". But other analysts are confident that this platform is successful and its future profit depends only on investors.

The projects reliability has already been ensured by a private token sale. Today, the creators continue to improve the functionality of the system. They need this to gain a foothold and growth in the global cryptocurrency market. Although it would be nice for the developers to create a coherent roadmap that could explain the further directions of the project.

Platforms like these try to artificially stimulate the behavior of their users. Algo differs from them in openness and honesty. Each participant has a great opportunity to independently decide the fate of their tokens. Developers continue to create simple protocols. They are similar to TCP or HTTP. In this case, the user is only interested in one aspect, so that the packets move normally over the network. We will continue to follow the latest news from the world of cryptocurrencies. We hope that in the future this digital system will be able to grow and get into the TOP 10 popular currencies on the international market.

Today the blockchain industry has certain limitations related to the scale and spread of digital currency. These technologies remain in the early stages of development. Therefore, the emergence of new cryptocurrencies is faced with various problems that developers are trying to solve. Traders and investors pay special attention to the digital currency IOST. It has already gained some popularity among users.

About the IOST project

This platform is designed to improve blockchain infrastructure by addressing scalability issues within the system. The team, using proof of authenticity and efficient distributed sharding, wants to make cryptocurrency more popular. Although here it is competing with such large market players as Alibaba, and Airbnb.

The platform allows the exchange of digital services and goods in a decentralized way. This method makes it possible to distribute parts of the data between different bindings. In this case, they are quickly pumped. This principle is called Sharding. The system tools are resistant to hacker attacks.

The blockchain system has the following differences:

Functions on the principle of trust. When checking the coin balance, the node is given a plausible status. At the same time, blocks begin to form using the Byzantine error tolerance mechanism. This technology allows you to speed up the operation.
The process of increasing productivity is under way along with the appearance of new participants. In this case, the load on transactions is reduced.
A special protocol Atomic Commit is used. He is responsible for the continuity of financial transactions within the system.
Micro State Blocks are used to create checkpoints that target specific control points.
These blockchain features make it possible to ensure the energy intensity of proof of work protocol.

IOST features

You can pursue different goals while using tokens. They are used for exchange, payment for services, as a commission for smart contracts in the ecosystem. Coins play a decisive role during the special calculation of the participants credibility score. In this case, the developers use a special consensus algorithm.

For IOST transactions or commissions, the calculation is made using cryptocurrency funds to get points. There are different exchanges that work with this cryptocurrency. They can be found on major resources such as Binance, Cobinhood or Huobi. You can store your savings in IOST in the MyEtherWallet and MetaMask wallets.

Lets take a closer look at the principles of financial transactions using this crypt. All transactions are verified using a simplified SPV procedure. This system gives each node a unique identifier hash, which guarantees the efficiency of registration, discovery and processing of data.

In this situation, the distributed block using the underlying chain reduces the load during transaction processing for each validator. As a result, processing performance is increased. Also, a flowchart that uses the Atomic Commit protocol pulls operations atomically through shards. Consequently, the system provides a guarantee for the completion of transactions or for their interruption.

A little about sharding. This process is necessary to distribute the network of nodes into small groups. All transactions are proportionally verified by the system. As a result, the number of shards for new nodes increases, which leads to high-speed processing of financial transactions.

The developers have implemented this technology in IOST through Efficient Distributed Sharding. It reduces the load on transaction processing by increasing the network bandwidth. The uniqueness of the system lies in the fact that it uses a special scheme for creating shards. They write and process a significant number of state transactions. This preserves the statistical bias-resistance.

During the transition between different "eras", the protocol adds groups of nodes to shards. This process is facilitated by the TransEpoch algorithm, which helps confirm transactions during the transition. This "Byzantine" consensus makes it possible to keep the platform secure.

Cryptocurrency successfully functions with shards; the architecture needs the ability to conduct operations within the process itself. Therefore, the Atomix protocol is used to eliminate double-spending. This maintains the sequence of the transaction history. More detailed information about the features of operations on the platform can be found on the official website of the project.

Each user has the opportunity to replenish his wallet. There are several options for this:

Join the development of the project to receive bonuses.
Participate in the Bounty program.
Buy tokens through exchangers or from individuals.
Hence, these opportunities will help you get coins quickly. They can be used to conduct different transactions.

How IOST is created

The project begins its history on December 31, 2017, when the creators of the IOST cryptocurrency published a White Paper on the network. January 16, 2018, according to the coinmarketcap.com Internet resource, became the official day of the launch of trading in this currency. The platform was created for about a year, although the classic ICO was not carried out.

Only authorized users and accredited contributors contributed funds. The authors have launched 21 billion tokens into the system. They were distributed as follows:

2.5% was received by investors and advisers who had previously invested in the formation of the system.
10% became the property of the project team.
12.5% were directed to attract potential users.
35% were received by the founders as a guarantee of network stability.
40% were sent to the market.
This distribution of coins was associated with the development of a special concept for the development of the project. It was described in detail in the technical documentation.

Information about the team of specialists who are developing this platform was marked on the official website:

Terrence Wang has a background in cryptography, which he began to gain while studying at Princeton University.
Jimmy Zhong is a flamboyant third-party cryptocurrency and renowned programmer.
Ray Xiao is the author of several interesting economic startups.
Bosch Lee has partnered with such well-known company as Goldman Sachs & Morgan Stanley.
Kelvin Tan is a true genius who received a platinum medal at the Olympics for young talents. In his years, he already collaborates with the famous EtherCap.
Also involved in software development are Ray Zhu, Sheldon Mei, Michael Xufu Huang and other specialists. The authors of the project are little-known and young experts, but their achievements are a clear confirmation of their professionalism.

Is IOST infinite?

Today, the IOST cryptocurrency rate does not show much popularity among large investors and users. Although it occupies an honorable place in the TOP 100 digital currencies in the world. The authors of the system are constantly faced with certain competition, which is associated with the introduction of technological innovations in the field of blockchain.

The developers themselves argue that the platform was created to solve scalability problems. This is also done by EOS and Zilliqa specialists. But they are not seen as competitors. Rather, they act as like-minded people who help find different approaches to the same issue. Consequently, these projects are more "related" to the IOST authors than, for example, experts from NEO, Ethereum or Qtum.

In the future, the creators of the project want to involve more developers and entrepreneurs in the process of developing the system. They believe that this will become one of the advantages over potential competitors. The specialists also plan to continue working with investors Matrix Partners and Sequoia Capital.

Analysts are confident that the value of the digital currency will only grow in the near future if minor adjustments occur within the system. This cryptocurrency is designed for the iOS platform only. Todays success demonstrates interest from potential investors. Developers continue to make every effort to integrate with IOSVM, introducing new smart contracts. Various algorithms are also being tested and the security system is being improved.

Some observers are not yet able to make an accurate forecast of crypto growth. Therefore, they do not give any recommendations for investing in IOST, since the situation in the digital currency market is constantly changing. Everything will depend on the actions of the creators themselves. Before investing in this project, it is best to carefully study the opinions of all well-known experts. At the same time, you need to clearly understand the advantages and disadvantages of investing in such a young cryptocurrency.

This platform is positioning itself as a new generation coin, which may seriously compete with top trading platforms in the future.

Strengths of IOST

This site is a unique new generation system that uses a special algorithm for scalability. EDS and Fast grade commit help her in this. Digital currency was created to improve the security of financial transactions of the platform.

The system has several advantages. They are related to the efficiency of the IOST blockchain:

The reliability of each unit ensures that operations run smoothly without downtime.
Security of transfers is done atomically.
During the increase in the number of users, the scalability of the throughput of the chain occurs.
Low latency is achieved with low latency in block diagrams.
But the system has its drawbacks, of which there are not many. Lets consider some of them:

The startup does not attract a wide audience, but only works with individual investors. Some experts are suspicious of this situation.
The site is vulnerable to cyber attacks. But the authors continue to work on fixing this important issue.
These are the disadvantages of cryptocurrency functioning. So far, users have not encountered it so much to find more flaws.

The creators are confident that lowering costs will help keep the chain levels up to date. The IOST cryptocurrency should become the basis for the provision of blockchain services. Lets also pay attention to the platform features:

It is designed according to the ERC-20 standard with a HUDS structural structure.
The system can quickly process up to 100 thousand operations per second. This difference gives it an edge over other sites.
The original consensus mechanism is used with a special "fairness" algorithm. All data is distributed to nodes in a random order. At the same time, a rational assessment of each user is carried out.
Also, the IOST platform is actively supported by leading investors who made significant investments in the project back in 2018. Thus, they have demonstrated an interest in big business.

IOST in TOP currencies

Today, IOST crypto can be purchased for about $ 0.005 with a market capitalization of $ 58 million. On the coinmarketcap.com website, the currency is ranked 68th, which does not mean its strong popularity among users and investors.

What is the reason for this? The team is still little known in the world market. Plus, the platform has a weak marketing strategy. Consequently, the project is just starting to gain momentum, introducing new technologies in the processing of financial transactions through a decentralized blockchain. The authors are confident that in the near future there will be an increase in token sales.

Komodo is a decentralized platform that includes a fast cryptocurrency, focusing on the privacy and scalability of a multi-functional platform, from a decentralized platform to smart contracts for various purposes.

Komodo, as we are used to seeing it today, was originally completely different. First, in 2014, one of the creators, working under the name JL 777, developed a crypto project called SuperNet, which was created based on NXT and BitcoinDark. As a matter of fact, BitcoinDark is also a development of JL 777.

About Komodo project

The goal of the Komodo project is to create an ecosystem with which the development of the cryptosphere will take place, based on decentralization with a high demand for privacy, as was conceived by cryptocurrency developers back in the days when Bitcoin was created.

Numerous creators with similar intentions have joined SuperNet, they are also often called cryptanarchists. In 2015, the developers decided to fully formalize all their plans to create a blockchain platform; the well-known blockchain called Komodo became the implementation of their plans.

Later, in 2016, from October to November, the KMD ICO was held, where it was possible to collect about two million US dollars. At the same time, the SuperNet project did not close and remained a full-fledged component of Komodo. Despite the fact that the site was discontinued, a token called SuperNet Unity is active to this day, traded on the Komodo exchange.

It took a lot of time since the ICO, and Komodo developers managed to implement a fairly large number of ideas and plans.

Komodo features

Komodo is primarily a business model. If you think about its essence, it is worth noting that this is a kind of privacy coin, which is on a par with fairly well-known digital assets. The Komodo cryptocurrency uses a private transaction verification technology, in which no one can get any data about the person conducting it.

It was decided to add a new development to the KMD protocol, which allows participants to choose the level of confidentiality at their discretion. Simply put, each user can carry out not only a public, but also a private transaction using the protocol located directly in the users electronic wallet itself. Thus, the project not only guarantees the availability of the possibility of maintaining confidentiality, but also grants the right to carry out its transaction.

Among other things, Komodo has significant scalability and, accordingly, contains high throughput. The speed of transactions with transactions is impressive, about 45 thousand in one second, which undoubtedly confirms that this currency is the fastest. The presence of this high-speed mode, combined with the implementation of a private transaction, makes Komodo an attractive means of payment for the crypto community. This is not the whole list of advantages of this cryptocurrency.

How is Komodo created?

The Komodo development team has implemented innovations that allow the project to be absolutely unique and interesting. Lets consider what are the main points of Komodo technology, in addition to those that have already been voiced:

Кriptocondition - technology allows executing smart contracts on the blockchain, as in Ethereum. Many will say that already many projects allow the execution of smart contracts, so there is nothing special here. However, this is a delusion. The bottom line is that the blockchain is built according to the UTHO model, in fact, like Bitcoin. Many people consider this model a bit old, but it has its own advantages and provides high safety. In fact, according to this model, no one implements smart contracts, and Komodo is the first project that managed to do this. So this solution is considered not only innovative, but also unique. Using this smart contract technology, it is possible to create not only tokens, but also decentralized applications. Currently, smart contracts are in test mode by the developers themselves, today there are plans to introduce 4 more smart contracts. The first is the creation of blockchains, that is, every network that arrives or is created will become scalable and secure. The second one is a coin collection with various settings. The third type means rewards to those who have coins that are temporarily blocked when smart contracts are applied. The last, fourth type of contract is under development, invented for dice and is in great demand. According to the smart contract, the algorithm implies transparency and also guarantees the fairness of the game. Of course, this is still only the initial stage of development, in the future, not only creators, but also third-party users will be able to develop decentralized applications that are compatible with the Bitcoin protocol, which is fundamental for many altcoins.
Decentralization of exchange. It is based on blockchain chain exchange, which allows exchanges between coins and coin tokens operating on different protocols.
Decentralization of the ICO, that is, the KMD platform allows for the usual placement of crypto coins with a full set of tools (privacy technology, multi-currency crypto wallet, integration capabilities, etc.). Simply put, the platform includes a complete package, from token creation to ready-made Komodo technology, full and open public listing. A sample blockchain project called Utrum has already been presented. At the center of the idea is the KMD token, which is also a coin, and is also used to power the entire network and the general functionality of Komodo. If you have KMD in your wallet, starting from 10 coins, then every month you can receive additional rewards in the form of a 5% annual rate, which is nothing but nice, especially when you consider that the main goal of depositors is long-term investment.

Is Komodo endless?

KMD technology is based on the creation of decentralized communities, where all tools, including the Komodo token, are built with maximum privacy protection. The development team assures that all users have the right to remain confidential and do not plan to ever demand member data. The fundamental position of developers, in addition to creating a personal ecosystem, is friendly interaction with other blockchain projects.

Strengths of Komodo

KMD mining is based on the principle of proof of work, but with the introduction of a new protocol, which means urgent proof. In general, the scheme does not change, it is standard, mining is carried out using special equipment that is launched using video cards, but the final consensus is possible only when conducting checks using neutral nodes, of which there are only 64 around the world, their choice is made by voting and using records of transactions in the Bitcoin blockchain. This type of scheme is reliable protection against various attacks and attacks, where changing the transaction history is impossible due to the presence of a certified copy, which can be easily verified using any node.

As already mentioned, Komodo is a private cryptocurrency, and this principle also affects the development team. Most contributors and developers prefer to stay in the shadows, using pseudonyms instead of real names and pictures instead of personal photos on their avatars, although many have not even uploaded pictures. The head of the group is a confidential developer, about whom there is practically no information. Despite this, the team managed to inspire confidence in themselves by the fact that the creators have a good reputation both among other developers and among the crypto community.

After a long journey, a group of developers, where there were mainly specialists under pseudonyms, nevertheless included many famous personalities in their team, together they are expanding the project, although publicity from the developers is not required here, since the group respects the right to remain confidential.

Consider the public people included in the KMD development team:

Satinder Grewal - he is a famous person and has his own personal YouTube channel. In addition, Satinder not only became the creator of Komodo, but also participates in the implementation of the KMD project on social networks and records video instructions to help with the Komodo project. He speaks very well and accurately about this cryptocurrency and the crypto world in general, showing himself to be an active person - a crypto activist. At one time, he was the head of a personal Indian company, but ultimately dedicated his life to the development of Komodo.
Ben Fairbank - joined the Komodo development team a little later, now he is managing director. It is he who is involved in the public development of the project, he can often be seen in various interview projects and at presentation screenings. The owner of 12 years of experience in the position of both general and chief director succeeds in successfully promoting the project. In addition, Ben has the skills to work with community organizations, so his knowledge will be very useful to the Komodo team.

Komodo in TOP currencies

The value of the Komodo coin today is 54 cents. Its capitalization is at the level of 61 million, the size of daily trading fluctuates within 3 million. There are 109 million crypto coins in circulation, and their total amount will be mined in the amount of 200 million.

The KMD cryptocoin is currently in a downtrend, however, like the entire cryptocurrency market. It often happened that it was the Komodo cryptocurrency that managed to occupy the top positions in value in 24 hours, even when the crypto market had a red zone, so it is possible that KMD will decide to repeat its shot.

We can safely say that the Komodo project is undoubtedly promising; it has not yet been fully disclosed and appreciated. Many people are still convinced that KMD is just a private coin. But, as you already understood, the Komodo platform contains a number of implemented unique functions, there is much still ahead of it, there is something to bring to perfection, and this naturally implies huge potential.

The Komodo team has a focused look at the development of cryptocurrency and interaction with various platforms to implement many of the developers ideas. You can cling for a long time to the fact that the main developers of the project prefer to remain confidential, but if you remember the history of the emergence of the idea of a cryptocurrency, this just reflects its essence, where decentralization and confidentiality are primarily important for technology. And there is a difference between being a private team of creators and posing as others. So avatars with penguins are not an indicator yet.

If you study the roadmap of the KMD project and draw a parallel with what is already there, you can observe that the KMD team has really done a lot and put a lot of work, which is unfairly too rarely discussed in the cryptosphere. As part of the roadmap, a mobile version of the application will also be made and the implementation of various instruments on the exchange will be completed. This version of the roadmap is only approximate, since the development team strives to keep up with current trends and will develop everything necessary to attract public attention and increase the demand for various proprietary technologies.

Of course, there is still a lot to be done (for example, a cryptocurrency exchange and an ICO), but the team still has a lot to come.

Today, when the Internet has become a part of everyday life, electronic payments have become very popular. This, in turn, contributed to the emergence of various electronic currencies (for example, WebMoney, Kivi, Yandex.Money and others). Such systems, in order to obtain their own profit, assigned rather large commissions for various operations - transferring funds, converting into another currency, withdrawing to cards. Naturally, this is convenient, but not always economical. And 2009 became significant when Satoshi Nakamoto introduced the digital currency Bitcoin to the world. Enough time has passed since then, during which many different cryptocurrencies have appeared. Some of them are successful projects, and some are not quite.

KuCoin Shares is one of the projects in the world of cryptocurrencies that deserves attention from users. We will describe in more detail all the features inherent in KuCoin in the article.

About the KuCoin project

The KuCoin Shares platform is currently receiving a lot of recognition from users and potential contributors. This is due to the many features inherent in the exchange, as well as the ease of use. And although the KuCoin project appeared relatively recently, it may well compete with well-known world-class cryptocurrencies (for example, Binance, LUNA, Komodo and others). The KuCoin platform also has all the tools you need to improve the efficiency of a modern trader.

The main goal of the KuCoin development team is to provide traders with a quality platform for the safe exchange of cryptocurrency through modern technologies.

The official launch of the platform took place in 2017, and during this time a mobile application for smartphones based on iOS, Android was developed.

The KuCoin cryptocurrency token is represented by an abbreviation - KCS. It is open for purchase by all users who are registered in the system. Token holders can count on passive income. It is noteworthy that the value of the currency is gradually increasing due to the increase in the number of active users of the platform.

The blockchain for KCS is built on the Ethereum platform. KCS is a regular ERC-20 token that can be stored on an exchange or ETH wallet. Interestingly, for convenience, the developers took care of translating the site into various languages (for example, German, English, Asian, Portuguese, Russian, and others).

Currently, KuCoin is a high-quality tool that allows you to trade cryptocurrency, it has a convenient and intuitive interface.

KuCoin features

Developers offer several ways to make money on the KuCoin platform:

Referral program with three levels. Users who invite other active users to the project receive their own benefit in the form of 20% + 12% + 8% of the amount of their commission. The percentage depends on the level the user is at.
Trade. Trading on the site is provided through more than 150 traded pairs, so they can be combined in every possible way. By the way, there is a regular replenishment of new altcoins here.
Passive income. It is known that the KuCoin company leaves 50% of the profits in favor of the holders of KuCoin Shares tokens. Bonuses are accrued based on information about the balance of users.
Bonuses as a welcome. On the platform, from time to time, users receive various bonuses and participate in promotions.
To start trading on the exchange, you need to familiarize yourself with the list of available trading pairs on the Markets page. New users are presented with a simplified way to purchase tokens. You only need to use the Buy or Sell buttons located opposite the pair of interest. A number of additional functions are open for experienced traders (for example, market selection, trading terminal, rate charts). It is very convenient that users can fine-tune the chart on their own and thereby simplify the trading process.

What are the fees for KuCoin?

The main advantage of this platform is that when working on the exchange, a low percentage of commission fees are charged. Agree, 0.1% for a simple participant and 0.05% for those who have the KuCoin token in their wallet are mere trifles in comparison with the work of other cryptocurrencies.

In order to attract new traders, various promotions are regularly held on the exchange. For example, 2017 pleased newcomers with a promotion, where a discount was active from September to October, and the percentage of the commission fee was reduced by almost 5 times and amounted to only 0.02% of each transaction made.

Among other things, KuCoin contains a three-tier referral program that allows you to invite third-party users and earn various bonuses from this. As a reward, you can get 8%, 12% and 20% in accordance with the referral level.

How is KuCoin created?

The KuCoin project was first released in 2017. The platform is considered to be Sino-Mongolian. The plans were to register KuCoin in Beijing, but due to the introduction of anti-cryptocurrency laws by the Chinese government, the company was moved to Hong Kong.

Programmer Michael Gan is considered the founder of the KuCoin blockchain. It is he who leads the project to this day. The first sketches of the project appeared back in 2012, as you can see, it took 5 years to develop and implement it. The idea of creating a personal cryptocurrency came to Mike unexpectedly: he tried crypto, realized how important it is in the development of new financial technologies in modern society, and immediately set to work.

In 2015-2016, the main program code for the KuCoin exchange was recorded, and in mid-2017, Michael Gahn managed to find developers who supported his project and became his team at the startup.

In August 2017, the KuCoin ICO was held, since additional investment was needed to make all the conceived ideas a reality. The development of the project was thought out to the smallest detail, numerous tests of KuCoin allowed the cryptocurrency at the ICO to present itself as a completely ready-to-go project. Investors are very interested in the KuCoin Shares blockchain due to the track record of Michael and his development team.

At the end of 2017, the KuCoin token had a fairly large number of investors, since the crypto market was growing and actively developing, and the value of this coin increased significantly. Michael spent a day on finalizing the functionality, and a couple of months after the ICO, the KuCoin exchange was included in the top 20 list. 2017 was a successful year for a large number of cryptocurrency projects, but this did not prevent the KuCoin coin from maintaining high ratings and performance.

In 2018, tools such as a futures contract and many others were in vogue, but Michael decided that it was not worth introducing them into his project yet, since they imply user verification and absolute obedience to international norms for the functioning of financial resources. He saw his project as a platform that is as free of regulators as possible, on the exchange of which it would be possible to trade exclusively in cryptocurrency.

Unfortunately, not everything went so smoothly. Over time, the crypto market began to decline, investors ceased to be interested in cryptocurrencies, and this provoked a sharp drop in the exchange rating, but even during this period, the KuCoin coin felt stable and confident in relation to other cryptocurrencies.

Is KuCoin Infinite?

The KuCoin platform does not seek to rob its users for commission, the project has completely different interests. At the same time, NEO withdrawal can be carried out completely without commission payments. In addition, withdrawals are allowed in almost every popular cryptocurrency. On average, such an operation takes no more than 10 minutes. For the safety of the transaction, you can withdraw money from 50 BTC only using the manual mode.

Strengths of KuCoin

The biggest advantage of the KuCoin Shares platform is that the developers carefully understand the needs of the project participants and listen to their wishes and requests, seeking to improve the exchange and attract new users. By using the feedback function, absolutely everyone can write their preference to the developers, and they will process it as soon as possible and provide a complete answer regarding the question that has arisen.

In addition, the platform has a voting function, where anyone can vote to add a new token. Among the greatest advantages of the KuCoin Shares project are the following:

Functional exchange. The creators actively worked on the project, implementing in it all the tools available in the modern world of cryptocurrencies, while the process was simplified to understand new traders.
Change of interface language. The KuCoin platform interface can be translated into many languages. This was created in order for the token to gain popularity not only in individual countries, but also around the world, attracting a large number of users.
Low commission percentage. Any exchange charges a commission for trading and conducting transactions. This exchange has set low percentages, and provided that the user is the holder of KuCoin coins, this percentage will be almost 5 times lower.
Referral program. The developers are interested in growing interest in the project from new traders; for this purpose, special rewards have been developed for a three-level referral system.
High level technical support. KuCoin Shares has a worthy team of creators and developers, which allows them to provide round-the-clock technical support, instantly answer all questions from exchange participants.
Simple registration. Its very simple, a person goes through the standard registration procedure and automatically becomes a user of all platform functions, without providing any personal data.
Along with the positive aspects, the project also has negative aspects, such as:

The popularity of the project has not yet acquired the proper scale, since the platform has been operating not so long ago and has not yet been able to provide itself with an impressive community.
No fiat currency. Numerous users are outraged that fiat currencies are not available on the exchange. Because of this, many chose not to contact KuCoin Shares and prefer other projects.

KuCoin in TOP currencies

The KuCoin Shares project, despite its youth, is already very promising and interesting. The difficulties for the exchange, which are inherent in all trading floors, are only ahead, but we can confidently say that such an active team will be able to handle them brilliantly. To date, absolutely everyone can register without confirming their identity and without providing any personal data.

The development team encourages participants in every possible way to attract new users to the site, offering them various rewards. The platform is built in line with modern trends and allows users to use extremely convenient trading tools. It is also worth noting that developers divide part of the projects profit among token holders in proportion to the size of the balance.

The project is backed by professional developers with many years of experience in this industry, they will successfully cope with all the difficulties and show excellent prospects for KuCoin Shares in the cryptocurrency market.

Not so long ago, there was a cryptocurrency boom in our world, and even people far from innovative technologies have at least once said or heard the words "mining", "bitcoin", "blockchain". In addition to the fact that these innovations aroused extraordinary interest among people, they also led to the development of many unique technologies, became the starting point for various projects.

So what exactly is cryptocurrency? Today we will talk about the history of the Lisk cryptocurrency, which has become very popular among potential investors and users.

About Lisk

Lisk is a cryptocurrency brought to life in the spring of 2016, a platform for blockchain-based applications. Its essence lies in the creation of another, but unique, decentralized payment system and digital money network, like Bitcoin, etc. Thanks to Lisk, developers can generate, distribute their applications and specialized sidechains on the blockchain, profit from them, providing a platform for deploying their own sidechain integrated with the project network. By the way, the users token is involved in this process.

Lisk has signed an agreement with Microsoft to connect cryptocurrency with the Azure Blockchain as a Service program. This means that vendors around the world are able to develop, test and release Lisk sidechain applications using the Microsoft Azure computing platform and infrastructure.

Lisk features

The main goal and idea of Lisk is to provide a launching pad for the creators of decentralized applications. In this regard, the most important condition for the network is a good level and indicator of scalability. The manufacturers decided this requirement through the sidechain system. This is a distinctive feature that makes Lisk different from other crypto projects.

What is hidden behind the concept of "sidechain"? These are independent blockchains outside the main network, but despite this, all dispatches and various information are recorded in these sidechains and synchronized with the main network.

This technology has many positive factors:

The vast or even infinite probabilities of network scalability allow an unlimited number of sidechains to be created without affecting the size of the main network.
If any bugs appear in the sidechains, they will not have any effect on the operation of the main network.
Due to the flexibility, developers have a wide opportunity to customize applications, this is a consequence of the fact that any project (dApp) is done in its sidechain.
Lisk was immediately planned and created as a unique, comfortable place for developers, calculated for a large audience. First of all, to implement the idea, it was decided not to turn to narrowly focused programming languages (for example, Solidity), but to use the notorious and simpler JavaScript.

What is a special development kit (SDK) written in JavaScript? The following factors are worth highlighting here:

We must immediately mention the sidechains, which we talked about earlier. With their help, developers create independent, self-contained blockchains connected to the main network.
Consensus Algorithm - Every shipment and smart contract in the Lisk platform is verified by the DPoS algorithm.
Back-end is an address that makes it possible to develop dApps.
Front-end - User interface (UI) for applications that are decentralized.
Lisk Core is aimed at advanced users. It performs several tasks at once: forming a coherent API for creators, synchronizing the sidechain with the main blockchain, transferring a part during forging.
You should also highlight the main tools of the Lisk platform:

Lisk Nano is the main tool. It is used in setting up basic functions. This can be a choice in forging voting, registration, transactions. Using the Lisk Nano, there is no need to synchronize it with the "parent" blockchain as it connects to the Lisk service nodes on the Lisk Foundation.
Lisk JS is a JavaScript repository used to build applications on the Lisk network. One of its main advantages is that it does not require a full node connection, it connects to pre-existing peer network nodes.

Forging features

The Lisk network operates on a Highly Effective Form (DPoS), protected in an elected democratic manner - 101 delegates.

Sends are confirmed by forging through the use of the Delegated Proof-of-Stake (DPoS) consensus algorithm instead of the usual mining. Only 101 dominated nodes have the right to participate in this process, because the democratically elected node is the candidates who received the most votes from the network users.

Each user receives (earns) 1 LSK for participation. The system of participation in the elections is structured in such a way that in order to become a delegate, you need to register, the registration fee is 25 LSK.

DPoS operates in the Lisk network as rounds - each next round starts in 17 minutes. A participant of 101 nodes in each circle is given one block. If the block is not closed in one or another node, then its processing is transferred to another round. Such blocks appear in the network with a ten-second interval; in case of missing a block, the participant will have a ten-second delay in further processing of various operations.

Delegate nodes can qualify for network maintenance fees. At first it is set at 5 LSK per block and decreases by 1 LSK for every 3,000,000 blocks (~ 1 year). Until it reaches 1 LSK in 5 years, the reward in this amount remains for the n-th period of time. Nodes are paid a commission of 0.1 LSK for each transaction.

A sophisticated and modern scheme is used to validate the smart contracts used to launch dApps, because the emerging task is also really difficult - protecting the sidechains connected to the "parent" blockchain. So you have to resort to additional helpers - delegates to the main network and confirmation via Bitcoin and Ethereum data transfers.

How Lisk is created

The history of the Lisk path dates back to 2014, when the Crypti project was developed. Lisk was later forked, but there are some differences between the two.

Lisk is open source from the start (you can find it on GitHub), and Crypti was not keen to open its own code.
While creating Lisk, the developers nevertheless made certain changes in the technical part. For example, the SQLite information store on PostgreSQL has been edited, and the BIP39 standard is used for the production of seed phrases.
The future creators of Lisk put forward a proposal to the Crypti Foundation to improve the cryptocurrency, popularize it and open access to the code. But the fund rejected this idea, after which Max Cordek and Olivier Baddows left Crypti and launched their own project.

In the period from February 22 to March 21, 2016, the ICO was launched, which became the predecessor of Lisk. As the launch proceeded, a little more than 14,000 BTC and more than 80 million XCR (Crypti tokens) were raised, which equaled almost $ 6 million. This became the second most successful ICO (after the Ethereum platform).

In total, revenue then amounted to 100 million LSK coins. And the tokens were split according to the following principle:

85% - were distributed among the participants of the "initial token offering";
8% - shared by product manufacturers;
4% were spent on an advertising campaign and a bounty program;
2% - for settlements with partners;
1% went to charity.
It is noteworthy that the official start of the Lisk project, which has many positive factors, took place on May 24, 2016.

Lisk project team

The Lisk organization brings together a team of over 30 professionals: developers (mostly), artists and marketers. The central office of Lisk is located in Switzerland, Zug, but the Lisk project has offices in some countries of the world: China, USA, Russia, Australia and Italy.

It is worth noting the founders of the project, it is very difficult to find information about them on the Internet, but it is really worth knowing about them. The results of Lisks expansion prove the professionalism of the management.

Max Kordek is President and CEO of Lisk. He became interested in Bitcoin at the initial stages of his development and was an active and proactive member of the crypto community, as we said earlier, was a member of the Crypti Foundation.

Olivier Baddows is vice president and chief technology officer at Lisk. He has a wealth of experience in the field of programming behind him. When creating Lisk, he came up with the idea of providing easy-to-use tools for developers.

Charles Hoskinson and Stephen Nerayef are recognized advisors to Lisk. Hoskinson was the former CEO of the Ethereum platform. And Nerayef is a well-known specialist in the direction of venture investments.

Is Lisk infinite

Lisk is an innovative technology. The first decentralized blockchain platform written in Node.js. It is an open source blockchain based platform. Developers have a number of unique resources to build and run their sidechains, regardless of the Lisk block diagram. The main idea of the platform is to create a safe place for developers. It does not require any special skills, you just need to have some experience with JavaScript and Node.js.

By joining Lisk, you have the opportunity to create your own infinitely scalable blockchain on this network. This is ideal for large companies looking to maintain their brand and creative people looking to create a large project.

Lisks strengths

A remark will be made right away: at the present time no negative points can be found in Lisks work.

But this cryptocurrency has many important advantages, due to which it manages to stay ahead of other projects in many respects:

Thanks to the use of sidechains, Lisk can be scaled infinitely, and the increased security is designed in such a way that it is impossible to disrupt the operation of the main network, creating bugs in the "child" networks or breaking the stability of their functioning (this is a consequence of the fact that the sidechains are located on top of the main part).
To design applications and open smart contracts in Lisk, you only need to know the well-known and simplest JavaScript language. Of all cryptocurrencies, only Lisk turns to this language, making the platform publicly available and attracting more programmers to its side.
The creators of Lisk really care about their brainchild and are working hard on the successful future of the project, working through all the details and clearly following the existing work plan, which speaks of the responsibility of their team.
There are many more advantages of the system, but the listed ones are the main ones.

Lisk in TOP currencies

At the end of 2019, one LSK coin is worth $ 0.538529, and the market cap is $ 65 331 612

In the Coinmarketcap rating, Lisk (LSK) is in 61st position out of 100 cryptocurrencies, which is a pretty good result.

If you pay attention to the chart and the market capitalization of the cryptocurrency since the beginning of 2018, it will look like this. Over the entire period of the platforms existence, its maximum cost was $ 39.31 (January 2018), and the minimum was $ 0.096. The price of Lisk, like many other cryptocurrencies, has dropped significantly now.

Still, Lisk is a very popular cryptocurrency, which is why it has been added to almost every reliable and secure platform. For example, Binance, Bittrex, Huobi, etc. Lisk is often sold for BTC, ETH, USDT, but on the EXMO exchange Lisk is offered to be purchased in the LSK / USD trading pair.

Luna or, as it is commonly called, BitLuna is a project from the UK. It is made very high quality. BitLuna was launched on January 29, 2017, as planned by the developers. The project is an advertising platform and a new type of LunaCoin cryptocurrency.

The key point was that at the upcoming launch of the project, registered partners were given 10 bonus dollars, which could later be spent on displaying their ads or on purchasing an advertising package, on which they could then earn money. There were definitely no risks when registering, and right after the launch of the project, users who received bonus dollars received benefits.

Michael Witz is considered the main developer of the LunaCoin cryptocurrency. He is a senior consultant with many years of experience in creating and maintaining JVM software. Today he is actively studying microservice and cloud architectures. Michael is active in helping clients and developing high quality and proactive software. Among other things, every few months he publishes articles in one of the German magazines related to JVM infrastructure and architecture.

Luna DNA has developed the LunaCoin product. Its main founders are:

the general director of the project, aka veteran of the firm of genetic research Bob Kane;
IT Director Scott Kahn.
In addition to them, the team includes a large number of crypto developers who were previously closely associated with the investment of David Lewis.

About Luna

The Luna project allows you to earn without investment by watching ads. This is a completely English-language project from British developers. Unfortunately, it is not yet very popular, but BitLuna has a huge future. The ICO in early 2018 allowed the developers to raise a lot of funds already at the beginning of their activities. Jokingly, the team calls their project, their brainchild, a utility token. In addition, a feature of the new cryptocurrency is that citizens who pass DNA analysis will be compensated in the form of this currency.

Most sick people do not want to share their genetic material, and in fact it is like a treasure for doctors. Based on diseased cells and organs, doctors can develop new medicines and treatments. It was for the purpose of motivation that a cryptocurrency was created, which helps sick people to earn money by donating their genetically unhealthy material for research. The creators are confident that the implementation of such a project will help medicine and pharmacology reach a new level.

Previously, they practiced the activities of a company that actively collected genetic material from patients and sold it to pharmacists and scientists. This project, on the contrary, offers people to make money by submitting their material. For the first time, the developers of the LunaCoin coin decided to break and change this generally accepted model, massively increasing the cryptocurrency.

Given the diversity of the niche economy (this includes gaming, digital entertainment, legal cannabis), coin makers have developed many cryptocurrencies in competition with Bitcoin. Each such currency is based on blockchain technology, which ensures the security and transparency of each transaction, without affecting the centralized governing body.

Luna features

The Luna project allows you to earn by watching ads. You can earn in this way from 1 cent to 100 US dollars. To be able to view paid ads, you must first view a number of free ads.

Another opportunity to earn money is advertising packages. The minimum amount required to purchase a package is $ 5, while the size of one loan fluctuates around 5 cents. Particular attention should be paid to the fact that no interest is taken for the operation, and payment for the transaction through Bitcoin must arrive no later than in a day.

Purchased promotional packages are unlimited. Simply put, assuming that the minimum advertising package costs $ 5, and knowing that it is unlimited, with a daily charge of 2.5% for each such package, about 12 cents of income comes out in total. Hence it follows that the payback period for the package is achieved within 42 days.

You can also earn through the affiliate program, which includes five levels. Earnings are available from purchasing packages and credits:

at the first level, earnings are 5% of the purchase;
at the second level, earnings are 3% of the purchase;
at the third, fourth and fifth levels, earnings are 1% of the purchase.

Also distinguish the type of earnings Donetion Plan (donation). This process looks like a 3 x 5 matrix containing five depth lines. There are 3 people on the first line, 9 on the second, 27 on the third, 81 on the fourth and 243 on the fifth. It is worth noting that to participate in such additional earnings, you must complete an entrance, the cost of which is 10 cents, while payment is made once a week.

To achieve maximum results, it is important to plan your entire workflow on the Luna project. That is, you need to register, learn about all the possibilities, plan investments and packages either without investments: registered, received $ 10, or watched a number of paid advertisements.

Of course, at the initial stage, it is best to fix somewhere and see what happens. Particular attention is paid to the fact that in order to earn money, it is necessary to invite at least three people and fill out a 3 x 5 matrix, then the benefit will be $ 3 63 cents.

How is Luna created?

Registration on the official website of the project is carried out using a referral system and, accordingly, it is important to choose sponsors with whom communication will subsequently take place. Registration is carried out in a standard form, does not imply anything special.

LunaCoin is a digital asset. The most popular exchange that sells LunaCoin cryptocurrency is Coinone. This exchange was created in South Korea. On it, you can both buy and sell various coins for the South Korean currency won (KRW). The exchange allows margin trading. The commission for each transaction is determined by the volume of trades. No commission fees are paid for deposits. The exchange does not stand still and is planning to enter the world market in the near future.

Is Luna endless?

The developers of the LunaCoin crypto coin assure that the coin has a specific purpose, its main tasks are not investment and security. The project has one big obstacle: to be active, it must be diverse. Consequently, the database with the genetic material of people must be of all strata and nationalities, and LunaCoin completely lacks genetic samples of peoples such as, for example, Hispanics or Africans.

A currency that cannot be used in any way when placing an order does not make any sense. LunaCoin starts with a large number of commercial platforms with an annual transaction volume of US $ 25 billion and 45 million users. The coin is poised to become a worldwide medium of exchange.

For too long, financial institutions have neglected to innovate at the expense of their customers. Luna will become more than just a cryptocurrency, but an open platform for financial applications and the growth of the real gross domestic product of the blockchain economy.

Luna Coin cryptocurrency is a monetary protocol that provides price stability through algorithmic expansion and shrinkage of supply. Crypto has the potential to change the financial landscape. Notably, price volatility remains the main barrier to widespread adoption. This coin is decentralized and stable, which means that it is ready to become the new world currency.

Lunas strengths

As mentioned, Luna is also a cryptocurrency that can be mined. It can also be purchased on one of the cryptocurrency exchanges, such as: YoBit, Coin Exchange, KuCoin. It is worth noting that the purchase of LunaCoin cryptocurrency for fiat funds, as it can be done with other coins, is not available.

In order for an investor or trader to buy Luna, he must first acquire bitcoin or ether purchased on any of the crypto exchanges or through a crypto exchange. Only then, through such a currency, it is possible to receive the long-awaited Luna coins.

The developers effortlessly managed to attract an investment of 2 million US dollars. They hope that this mark will rise to 50 million. Many are very outraged that their DNA can be sold, because such biological material can easily identify the data of each person. Knowledge of such information can disrupt his normal life, for example, the employer will immediately be able to identify the presence of diseases in a potential employee, because of which he can go on sick leave. No employer is interested in this, so a person may simply not find a decent job for himself.

Luna in TOP currencies

The scalability of the project is already impressive. Monetization of the Luna Coin cryptocurrency is 1 706 429 coins, this is provided that there are no longer blocked ones. The market capitalization level gives the currency a 70th place. Its daily trade turnover ranges from 340,791 thousand US dollars. Over the past day, the value of the coin has grown by almost 1.8%.

There are 186.96 million LunaCoin crypto coins in circulation today, with a total supply of one billion.

With the help of this project, plans for the reunification of blockchain technology and healthcare were introduced for the first time. Such an activity can hardly be called a business project; it is more like a socially useful corporation, which pursues not only the goal of maximizing shareholder value. The price of the coin is not off scale, the developers are not interested. Whether it is worth investing in this project is difficult to answer, no doubt, the idea of creation is original, but whether the whole world will support it is still a big mystery today.

LunaCoin is a stable cryptocurrency in terms of value. And, as a rule, it is intended for mass adoption. As it grows in scale, it aims to evolve into a new financial infrastructure for the next generation of decentralized applications. In addition, the project is a monetary protocol that ensures price stability through algorithmic expansion and reduction in supply.

BitLuna uses the seignorange generated by coinage operations as an incentive for transactions, thereby facilitating their acceptance.

We looked at the stable digital currency LunaCoin, which complements existing fiat and cryptocurrencies as a way to conduct transactions and accumulate capital. Luna mining features stable rewards that are designed to cover volatility as a result of changing economic cycles.

The transparency and democratization of the distribution mechanism is achieved through dApps and the ability to attract and retain users through economic growth. Luna has huge potential uses.

Have you often wondered how an ordinary person manages to become financially independent, to make a decent fortune? Often, people with almost the same abilities have the main difference - someone is rich and someone is poor. There is no secret here, because rich people become rich because they are gifted with luck, the ability to look several years ahead, analyze and predict. Investors, as a rule, see the future in technology, and today technologies make it possible to profitably invest in cryptocurrencies.

Some investments are best done during the inception of electronic currency in order to get good returns at the peak of its popularity. Seele is considered one of these coins. The project is considered revolutionary in the field of blockchain, since this is a completely new generation of it. Since the start of the token sale, the project has managed to collect almost four Xs at once.

About Seele project

Whatever Bitcoin and Ethereum do today, Seele will do it much faster and better. It is known that all existing projects have a problem that unites them. So, the more nodes are present, the slower the operations are carried out, which, accordingly, contradicts the goals of large-scale cooperation. Thanks to a special Seele algorithm, it will be possible to cope with this problem and take the blockchain to a new level.

The project is based on neural consensus technology, which by its nature resembles the work of the human brain. This enables the asynchronous processing and sorting of data in a large-scale decentralized environment. This allows each network node to reach consensus. Due to this, greater fault tolerance is provided, the process is more efficient. This results in linear scalability of performance as the size of the network grows, while allowing wide adaptation across a variety of applications.

The Seele project envisions a heterogeneous forest network. This means that there are subnets that are optimized for different uses. Such subnets handle a variety of service scenarios independently of each other or interacting with each other at the level of Internet and inter-domain protocols.

Seele is a secure, efficient and blockchain-compatible ecosystem.

The profitability of the Seele project since the ICO in dollars is 6.5 Xs, on Ether this figure is 5.5 Xs, and in Bitcoin - 8 Xs. The success of this project after the ICO is due to the fact that it belongs to a fairly profitable blockchain category. Blockchains tend to have a high market cap.

Initially, the Seele project cost much more, but later it fell in value, like most other representatives of the digital market. To date, the project has been listed on one fairly large cryptocurrency exchange called Hadax, which differs from others in its unique system of listings carried out by voting. So almost the entire mass of coins passes through the presented exchange.

The algorithm contains unique scalability. The Seele platform is configured to use a neural consensus protocol for increased performance between different nodes. Accordingly, the more nodes, the higher the speed and performance. Ultimately, the platform chain forms a mixed and multi-network forest system (Heterogeneous Forest Network). Each “forest” will apply to the respective business.

Simply put, each business operates in its own chain. This design will allow for the isolation and security of resources within the platform. There is a very strong development team behind the Seele project. From a technological point of view, the crypto coin is perfect because it was able to surpass all of its predecessors. She actually has a future.

The project developers set themselves a global and ambitious goal - to improve the blockchain technology, namely, its speed, scalability and environmental friendliness. Seele features improved algorithms, large-scale applications. The performance of this project promises to be 1 million transactions per second. Today, no other digital currency can compare with such a transfer rate.

Seele platform uses a standard token type - ERC-20. The value of the coin is 0.14 US dollars. It was originally planned to release about one billion tokens for sale. At the first stage of sales, which took place on May 28, 2018, about 5 million crypto coins were already sold. All sales were carried out on the basis of Ethereum. The acquisition of a crypto-coin was allowed only for a currency called ETH, which directly belongs to the Ethereum platform. Most notably, the use of the Seele platform is paid for with tokens. Thanks to this method, the developers plan to expand the platform, attract new users to increase the popularity of the system.

The founders immediately distributed the total mass of crypto coins:

about 49% were allocated to investment sales;
about 1.8% set aside for the Airdrop community;
7% reserved for developers;
for consultants and initial investors, no more than 3% is provided;
up to 10% owned by the Seele foundation.
At the same time, a rate is provided for those who support the network and are its active participants. About 30% of the remaining coins not used in the process are allocated to such rewards.

Seele features

In 2018, the Seele crypto coin was released for the first time. It is quite easy to buy it on one of the well-known exchanges. So far, not so many exchanges work with this coin, but soon its popularity will increase significantly.

As mentioned, Seele has a neural consensus algorithm. This is the latest technology that developers have managed to implement. Neural networks are really impressive as this is a large-scale breakthrough in the world of cryptocurrencies.

Thanks to the heterogeneous forest network, active work takes place both offline and online. Moreover, all processes occur at a fairly high speed. It is possible to work with additional applications that can develop within this network. These are quite flexible options.

The Seele Technosystem offers special conditions for different categories:

academy (there is active cooperation with the worlds best higher educational institutions on the topic of advanced blockchain technologies);
institution (creates laboratories, alliances and associations, researching and developing technology protocols and standards);
enterprise (active cooperation with the worlds leading enterprises, development of practical applications for industry);
developers (providing full and easy access for developers around the world with the development of the Seele ecosystem).

How is Seele created?

In addition to high technologies, a development team is of particular importance in any crypto coin. No matter how strong the technology is, in the absence of people who are constantly "promoting" the project, no ecosystem will stay afloat for long. In this case, the project is based on "three pillars":

Dr. Wei Bi. Former lecturer at the University of London. Later he decided to connect his life with the study of blockchain technologies. He is an active member of the Chinese blockchain innovation community. A true professional in his field.

Dr. Nick Smith. Previously taught at the University of London, was an IT consultant, developer.

Dr. Maolin Zheng. He works in the CEO, namely, he is promoting this product. Differs in rich experience in the field of IT technologies. He is currently working in the United States of America to promote the Seele project. Prior to that, he worked in a similar field in China and other countries.

Initially, the developers planned the following roadmap:

fixes, bugs;
creation of new functions;
improvement and optimization of the project;
creating weekly reports on the work done and involving outsiders in your community;
making a copy of the go-ethereum codes.
All of the above points only prove the active management of the project by the developers, which makes it possible for the coin to perform well in the digital market. Large investors and users are sure that the Seele project has chosen the right strategy, allowing investments in it to be classified as long-term.

Interestingly, the Seele projects code raises a number of questions. Most users believe that it is made as an analogy and a copy of the Ethereum platform code, so the developers are actively working to create a personal code that is not similar to others. Their work resonates with many users in the form of positive reviews and comments.

The developers also created their personal Seele sticker, which in 2018 was associated with the world football championship. In addition, the founders asked users to help them create this sticker by suggesting their own football cup-related options.

Is Seele endless?

When planning to make investments in crypto coins, which can become quite successful and profitable in the future, a special place is given to the Seele coin. The future is always in step with technologically advanced blockchains, which undoubtedly include a large number of different functions and work smoothly.

Previously, a very high-quality technology in the digital world of cryptocurrencies was provided by the Bitcoin platform. However, carried over to the present, you can see that most blockchain innovations have become many times more efficient than they surpassed Bitcoin. Now it is named "Blockchain 1".

Ethereum belongs to the second generation of the blockchain, which also features many innovations, including work with smart contracts. The third generation belongs to the EOC coin, and the fourth is currently Seele.

Seeles strengths

Despite the fact that the coin has already brought considerable amounts of income to its holders, it continues to develop. All stages of the fourth generation blockchain development are still ahead. The coin has not yet fully disclosed its own properties and specifications. Considering the fact that the ICO of the coin went well enough and gave big Xs due to a significant number of users who wanted to buy it, many were ready to buy Seele for any money. As soon as it appeared, it had a low cost, but as soon as the blockchain was ready for release, its cost rose sharply.

Investing in this project is permissible through centralized exchanges. You need to connect your Ethereum-based wallet and purchase a token. Thus, Seeles turnover is 332 times, which indicates its popularity. It is important that the Seele rate does not fall, it is stable. As soon as Bitcoin starts to rise in value, Seeles value will also rise. The coin began its start with a set price of 6 cents, while it managed to rise to 21 cents.

Seele in TOP currencies

The scalability of the project is already impressive. Headquarters are located in various countries, including the United States, Singapore, the United Kingdom and China. This indicates the large scale of the project, in which a fairly large number of specialists in this field are involved.

To date, Seeles capitalization is about $ 102 million. The project definitely has room to grow, since this indicator is at a fairly acceptable level. Most likely, as the market grows, the coin will grow much faster on average than the market as a whole.

Many of us had to get acquainted with cryptocurrency back in 2011. The then sensational Bitcoin platform attracted the attention of not only potential investors, but also ordinary people who have absolutely nothing to do with virtual money.

A lot of time has passed, and the world of cryptocurrencies has undergone tremendous development, firmly entering the daily life of a person. Now electronic means are used to pay for goods and services purchased via the Internet.

However, the first created cryptocurrency Bitcoin has lost its advantages in a highly competitive environment. Now many users talk about its shortcomings more often than about the advantages and positive factors. This led to the creation of other virtual currencies, with each subsequent one becoming one step higher than the previous one.

Silverway (SLV) is one of these cryptocurrencies that emerged with the goal of being better, more efficient and safer.

About Silverway project

In simple terms, Silverway is a "digital" currency based on cryptographic factors. This explains why the term "currency" in the digital world is supplemented with the prefix "crypto". The SLV electronic coin is encrypted, so it is absolutely impossible to hack or counterfeit it by fraudsters. However, if desired, each user has the opportunity to check the reliability of the transactions in which Silverway participated, which is important.

Experienced users of the system and contributors can be alerted immediately. Their concerns will be driven by the privacy metric, which is quite important in the world of electronic media. So, the developers of the Silverway project note that the ability to check the validity of the conducted transactions does not mean the absence of confidentiality. In other words, within the framework of the platform, it is impossible to obtain in any way personal information about the owner of the wallet, which is protected by means of special keys.

Thus, Silverway is a virtual coin characterized by decentralization. This excludes any connection of the SLV currency with government agencies and authorities. It is created and further functions only within the framework of the system. This allows users to make transfers between different countries many times faster and without additional fees. This fact makes the Silverway project very popular, attracting the attention of a large number of participants.

The Silverway platform is characterized by a limited release of tokens. This again speaks of the stability of the coin, the absence of unexpected fluctuations in the exchange rate, as a result of which many inexperienced users and investors lose their own funds. Experts call a currency with this property deflationary or "not subject to inflation."

Of course, Silverway cryptocurrency has a number of advantages and disadvantages, which the team of specialists is constantly working on. The main goal facing the creators of the Silverway project is to ensure its sustainable operation.

Silverway features

Silverway is designed to provide cryptocurrency market clients with structured and aggregated OTC information to help them make the right decision.

What information does Silverway work with:

OTC information regarding cryptocurrencies;
results and subsequent analysis of cryptocurrency market research.
Additionally, as noted above, Silverway acts as a platform for direct transactions.

Former bankers, experienced investors who previously acted as investors in the blockchain and cryptocurrency sector, took an active part in the creation of the Silverway cryptocurrency.

From the Silverway platform side, the set of actions is as follows:

Collecting OTC raw data from various sources.
Processing and structuring of the information received.
Providing collected and processed information through reports, APIs, platforms.
On the part of Silverway platform users, the set of actions is as follows:

Passing a simple registration to gain access to information on the platform.
Application of over-the-counter information and collected reports.
Making appropriate decisions based on the information received.
Thus, one can judge the versatility of the system, which is very convenient for potential users.

How is Silverway created?

Silverway (or SLV) cryptocurrency operates on the Ethereum platform. Its official launch took place in June 2019.The main goal of Silverway development is to create a new platform that is completely different from existing cryptocurrencies. Here is a more extensive functionality, which, according to the developers, should become a weighty argument in attracting potential investors and users of the system.

The Silverway platform development team is comprised of many digital talent with years of experience behind them.

So, the command is:

Gurkin Sergey. 2002 to 2008 studied at the Moscow State Technical University. Bauman. Received a masters degree. From 2009 to 2011 he studied at the State University - Higher School of Economics, Faculty of Economics and Investments. Received a masters degree. Partner with BD @ VC Fund, CEO and Founder of Silverway.
Bogdanov Anton. 2012 to 2016 studied at the Financial University under the Government of the Russian Federation, graduated with a bachelors degree in "Public Administration". 2016 to 2018 continued his studies here, received a masters degree in "Financial management and capital market". From May 2019 to the present, he has been working in the Silverway project as a project manager.
Barker Adam. 2006 to 2009 studied at Oxford University in philosophy, economics and politics. 2012 to 2014 studied at Harvard Business School. Received a masters degree in Business Administration. In Diginex Limited he has been working from 2017 to the present as a Chief Strategy Officer. From 2014 to the present, he is a co-founder of the New Forest company.
SJ Zhang.
Khovratovich Dmitry. Among the main achievements, it is necessary to highlight the design of the White-box cryptography, the attack on the full AES cipher, the deanonymization of Bitcoin, the disconnection of Tor from Bitcoin, and more. Winner of the password hashing competition in 2014-2015, LuxBlockHackathon in 2017, the winner of the Second Best FSE Paper Award in 2013, the best Ph.D. thesis in 2012. Dmitry works from 2019 to the present on the Ethereum platform as a cryptography researcher ... Also, in parallel, the founder of the project works as a senior cryptographer at the Dusk Foundation (since 2018). Dmitry is also the founder and head of the security department from 2016 to the present.
Dobrikov Alexander.
As you can see, the Silverway project team consists of fairly strong specialists in their field. Of course, they have managed to create a platform that is significantly different from their predecessors.

Is Silverway endless?

Users and holders of SLV tokens that operate on Ethereum and Binance Chain systems can use them for the following:

API access fees.
Payment for additional platform services.
Payment for the platform subscriber.
Purchase of individual reports.
Payment for access to the full functionality of the platform according to tariffs and fixed fees.
It is noteworthy that for using SLV tokens as payment for certain services and goods, their holders receive some discounts.

What discounts are there when using SLV:

first year of use - 50%;
second year - 28%;
third year - 14%;
fourth year - 5.5%;
fifth and subsequent years - 5%.
Experts say that the value of the SLV token is formed depending on the frequency and volume of platform use. This is because each token redemption is accompanied by the burning of a fixed percentage of the redeemed amount through a smart contract. The rest of the amount is transferred to Silverway.

Strengths of Silverway

The main advantages of the Silverway project include the following factors:

multiple data sources (more than 50);
visual information (tables, graphs);
large amount of data points (over 2000);
detailed analysis of top projects;
confidentiality;
fast operations within the system;
no commissions for transactions.
Considering the Silverway project as a platform for conducting direct transactions, it should be noted that several functions are open to users here:

Formation of an offer for the sale or purchase of private tokens.
Sending and receiving applications.
Obtaining the necessary contracts, carrying out direct deals.
This set of actions also ensures the high popularity of the cryptocurrency among users.

How are SLV tokens distributed?

The distribution of SLV tokens is as follows:

The team is allocated 25% of the total volume of tokens, that is, 250,000,000 SLV.
The business development fund received 45%, that is, 450,000,000 SLV.
The development team allocated 20% for the reserve fund, that is, 200,000,000 SLV.
For depositors who made investments in the early stages of the existence of Silverway cryptocurrency, 10% is allocated, namely 100,000,000 SLV.
It is known that the presented volumes of tokens are blocked until the fulfillment of certain conditions prescribed by the development team of the Silverway platform (for example, linear unlocking, unlocking in case of unforeseen circumstances).

Silverway in TOP currencies

So, Silverway today, namely December 19, 2019, is on the 69th position in the TOP cryptocurrency rating. The SLV has a market cap of $ 58 million. The total supply of Silverway tokens is 1,000,000,000 SLV, with 100,000,000 SLV in circulation.

After reviewing the statistical data on Silverway cryptocurrency for the entire period, we can say that the maximum value of the coin price reached on July 9, 2019, and the minimum value - on August 30, 2019.

By the way, today, December 19, 2019, the cost of SLV is 58 American cents.

Conclusion
Summing up the results of the Silverway cryptocurrency, it should be noted its ability to effectively solve the problems of an opaque and unstructured market segment. It provides an impressive $ 4 billion fixed cost. Today, the system consists of many professional investors (over 750 people), as well as projects, of which there are more than a hundred. The platform may well serve as a foundation for investment by more experienced users of the cryptocurrency market.

The Silverway project is the first provider of integrated trading intelligence and liquidity for tokens.

As noted, the platform provides experienced investors with access to aggregated information and analytics for OTC transactions. This information is necessary for making correct investment decisions based on it, purchasing and selling private tokens.

Such a functional set has made the Silverway platform popular among potential investors and users of the crypto market.

Bytom is a Chinese project that offers the tokenization of real assets and the perfect digital currency experience in the internal ecosystem. The developers implement all this on the basis of a modified Bitcoin blockchain with a built-in PoW algorithm and a new AI system on ASIC.

BTM cryptocurrency is an interactive protocol with byte assets. The purpose of its creation is to transfer all assets from the real sector to the digital one. The Bytom system provides two types: 1 - elementary, 2 - external byte assets.

About Bytom

In our time, there is a rapid development in technological terms. And although the digital world is constantly improving, it is still in the formation stage. In the future, the full-scale integration of digital technologies is expected.

How did it all start? First, byte-tools (e-processors, mail) appeared, and then byte-currencies (Bitcoin, Ethereum and others). The next stage of development is the creation of a favorable ecosystem that will allow all transactions with peoples property, stocks, bonds and other securities in the blockchain.

This will be facilitated by a whole team headed by Chang Jia, the founder of the company and a well-known popularizer of cryptocurrency in the PRC. Other members:

Duan Xingxing, co-owner and advertising expert;
Qu Zhaoxiang, Executive Director;
Lang Yu, former Alipay employee, MS in Computer Science;
Guo Gunahua, developer;
Ma Yao, Blockchain Specialist;
Li Yongfeng, Design Master (Interface).
Bytom developers are among those who foresaw a leap in development, and in 2017 began their journey to develop a platform that can connect the real and digital world to make peoples lives easier.

How is Bytom created?

What happened in 2017:

the project was created in January;
funding was discontinued in June, sufficient funds were raised;
a trial network was launched in September;
in October, the test period came to an end;
December saw the release of the Bytom project.
What clients saw in 2018:

version 0.2.0 was updated to 0.3.0 in January;
in February, the system was updated to 0.4.0;
April - A promising 2nd quarter ended with the MainNet launch on April 24th.
Since the official announcement of the release, the team of specialists has been busy daily with improving the work of their service. The creators intend to throw all their efforts at increasing the platforms capabilities: pumping interblock interconnection and the breadth of BTM coverage.

Bytom features

The company is working with byte assets. There are only two of them:

Elementary - this includes assets such as stocks, bonds, and other securities that have not previously been digitally transformed. Over time, they become objects of the blockchain and are digitized as needed;
External - this list is supplemented by digital assets (cryptocurrency, tokens).
So far, the first option dominates the market, but in terms of prospects, the second will be preferable. What assets does Byton work with:

securitized - securities such as bonds;
equity - tokens and shares;
other property is anything that makes a profit to the owner.
The development team plans to create a competing platform as soon as possible to operate these assets. This requires a sustainable ecosystem, standards and tools with the necessary functionality. The companys clients should be able to familiarize themselves with the description, functionality, the current forecast for the asset and the possibility of making a purchase / sale transaction.

The technical side of Bytom

The digital currency BTM has a lot in common with the original mechanism, as it is based on the Bitcoin blockchain. But this does not mean complete plagiarism, because Bytom has a number of distinctive features.

Contract with UTXO. The system consists of data transfer layers, smart contracts and general interactions. This allowed us to achieve the planned level of security and customer privacy.
Compatible with the PRC standard encryption method. New encryption algorithms using public and private keys proved to be better and significantly increased the speed of operation, in contrast to the old RSA and DSA algorithms.
Addressing - a special format of an electronic wallet assumes the presence of BIP3-43-44. This allows holders to store other coins in the account (in addition to Byte tokens). Access to an electronic account is possible when using multiple accounts, which makes the wallet multi-currency. Bitcoin Proof-of-Work serves as a proof-of-work method and is set up to work with leading ASIC miners.
Creation and transfer of assets. The ODIN standard ensures that only unique assets enter the system. Cross-chain improvements include the creation of sidechains and new gateways. You can make a request from your smartphone, because this is the only way the API system, under the terms of a smart contract, performs the functions of transferring funds and distributing profits.
Transactions. With UTXO, it becomes possible to confirm transactions in parallel with a simpler confirmation system (Markle trees).
Own mechanism for tokens fully supports internal needs. ERC-20 is distributed through Proof-of-Work, and the cryptocurrency feels more confident after the launch of MainNet, which serves to:

cover obligations to miners;
payment of dividends;
securing assets by opening deposits.
BTM digital money was created on the basis of the Bitcoin blockchain, so anyone can use regular Bitcoin as security for a valid transaction. To convert any other currency to domestic, you will have to use the Xrelay smart contract.

How it works? Everything is extremely simple: repeaters send headers to the network. Then the transaction is confirmed with payment of commission fees, after which the transaction is transferred to the smart contract to complete the processing.

How Bytom works

The cryptocurrency has its own characteristics, but its principle of operation is based on a three-tier system:

Applications - the company supports improvements in blockchain, smart contracts, issued securities and a large number of transactions. All thanks to Digital Applications.
Smart contracts - this includes programming, development in the accounting system.
Data is a public blockchain, therefore wallets of ordinary users are considered (PoW consensus).
The introduction of artificial intelligence is said to be a promising feature of the Chinese project. The so-called ASIC will be used for mining and the introduction of AI technologies to ensure faster system functioning.

Is Bytom infinite?

Miner activities are paid for with the intra-system currency - BTM ERC-20 tokens. From the first day of MainNet launch, resources were redistributed according to the Proof-of-Work principle. Initially, cryptocurrency is intended for:

payment for asset trading transactions;
payment of all remuneration;
release of new assets (placement of deposits).
At the moment, the company provides an opportunity to become the owner of three types of assets, including its own (personal capital), protective and profitable assets. The classification of these assets is described in the White Paper. All users automatically receive the right to trade real and intra-system (blockchain) assets. For this, the developers have put a lot of effort. They had to create a new modified BUTXO transaction model, building on the old UTXO.

In the process of solving scaling problems, the Segregated Witness protocol was changed, which functioned well in Bitcoin. The invention makes it possible to delete its data after execution and verification of a transaction.

Strengths of Bytom

An important point: Bytom is developed on the basis of the Bitcoin blockchain, so holders of the digital currency can use BTC to secure their money. A special smart contract Xrelay allows you to freely exchange BTC for BTM.

An example of how the Xrelay smart contract works - BTC block headers are sent to the network by repeaters, the transaction is checked and the commission is paid, after which the transaction is transferred to the smart contract and receives the status "in processing".

The modern cryptocurrency that entered the Chinese market has two opposite sides that characterize the project as a whole in different ways.

Positive points:

the founders are good professionals and highly trusted in the cryptocurrency field;
the company has good partnerships with many influential companies;
the project is confidently holding its positions in the market, it was sufficiently financed by private and state pre-sales.
Negative points:

bad news for miners - 75% of coins sold through private and public ICO;
dependence on partner companies in terms of further development;
the presence in the Chinese market of strong competitors with an identical system of smart contracts.

Storage and purchase of Bytom cryptocurrency

The emission of the token is limited by the limit of 2 billion 100 million coins. The market today is saturated with more than 1 billion coins.

In-system tokens and other assets can be kept in a special Bytom wallet, which is available for Windows, Linux, Mac. The official wallet is well thought out and easy to use, it is allowed to create several accounts and addresses, while setting up interaction with personal assets. Get your wallet, and whats next? The next step is buying digital money. Since this is the Chinese currency, it is difficult to get it directly. But many popular exchanges offer to buy / sell crypto on their platform. This list includes:

Okex;
Huobi;
Bibox;
Gate.io;
Cryptopia;
Kucoin;
HitBTC.
Please note that Russian rubles and other currencies of the CIS countries should not be taken into account. The cryptocurrency is offered for sale for other monetary units, as well as ETH, BTC, USDT.

As of the end of December 2019, the cost of 1 BTM = $ 0.067. The market capitalization of the Chinese cryptocurrency is 67 million 850 thousand US dollars. The daily trading volume (December average) is USD 6–7 million. If you look at the price quotes over the past two years, you can see the relative volatility with the general downward trend in the market value of the Chinese BTM. If in April 2018 a little more than $ 1 was given for 1 BTM, then, compared with the current situation, the price fell 12-13 times. In the past six months, a stable situation has been noticeable without sharp price increases. This speaks of the companys stability, control of the situation and the possible prospect of a rise in the price of cryptocurrency, which can be facilitated by the companys policy and plans for the future.

Bytom in TOP currencies

Blockchain technology already opens up great opportunities and provides the possibility of secure storage of digital information. Bytom developers strive to create a unique application that will combine all useful qualities into a single whole and combine work with all assets.

Assessing the mood of the developers, their plans for the future and the general market situation, many analysts from rating agencies come to the following conclusion - the potential of the Bytom cryptocurrency within the global economy is there, but it is not so great due to the mass of competitors. Although there are many positive factors, for example, that BTM is not considered a means of payment. The volatility of the price chart can be explained by the not yet settled exchange rate and speculation on the part of experienced market players. Now the situation has stabilized and there are enough signals indicating a possible rise in prices in the near future. Having bought a cryptocurrency now, already in 2020, provided that the previous exchange rate is maintained and there are no negative factors, one can expect a price increase of up to 500%.

Aelf is a modern decentralized blockchain network used for cloud computing. A multipurpose system of parallel information processing is used to develop the infrastructure. The exchange service is based on three innovations, namely:

scaling of nodes of computer clusters;
isolation of resources for the implementation of smart contracts;
implementation of the voting process with the help of token holders.
Aelf effectively interacts with Bitcoin, Ethereum and a number of other blockchain systems. The multi-level cross-chain structure is suitable for the active exchange of digital assets and other data. The project developers position themselves as the founders of a unique blockchain technology. The main mission of the team is to achieve reliable functioning of the self-regulatory platform.

The system was launched in November-December 2017. The platform was initially focused on the format of a self-developing system. The difficulty in configuring and implementing the network was to combine a large number of algorithms and mechanisms.

The principle of functioning of the Aelf blockchain system is the coordinated work of the main chain and a large number of sidechains for the implementation of smart contracts. The chain is used to transfer the main stream of information. This interaction structure forms an index system that categorizes chains as an external blockchain or an internal sidechain.

The ecosystem of tokens has an indexed structure. A commission is charged for each transaction from the sidechain. Its final size depends on the level of use of the side chain. To support the functioning of the network, a special Delegated Proof-of-Stake algorithm is used. The final number of allowed miners is determined directly by the system. To do this, use the 16 + 1 formula, according to which a user is added every year.

Aelf features

Today the developers of the Aelf project are focusing their attention on modernizing the operation of the main elements of the system. For this, modern developments of blockchain technologies are used. Due to its functionality, the platform can be used in various fields. Its main features are:

Support for the stable operation of the blockchain and the structure of the side chains. One block is designed to solve a specific task. This gradation affects the growth of data processing efficiency.
Establishing communication with external blockchain systems.
Processing transactions using the cloud service option.
High-quality and convenient management of smart contracts. At the same time, the individualization of the processes remains high.
Formation of the possibility for users to make various amendments to the calculation algorithm. Network participants can revise the consensus protocol.
Connecting / disconnecting side blockchains to the main node.
The use of the platforms functionality is available for a fee. Commission fees are paid from the Aelf token. A unique and highly efficient system that can be customized according to the users needs. In order to reduce traffic, a blockchain split mechanism is used. A high level of platform performance will be achieved through smart contracts, a regulated data structure and a consensus protocol.

Aelf technology allows the generation of a new genesis block that serves as the basis for others. To make major changes to the system, a special voting mechanism has been developed. The platform opens up unique opportunities for launching a private blockchain.

Aelf business applications are particularly popular in the market. Some projects have not yet been launched at full capacity, so there is no point in talking about their capabilities. The most promising areas today are:

finance. The system provides a high level of reliability for all transactions. It is suitable for making investment payments and cross-border transfers;
insurance. The decentralized management structure is suitable for the payment of insurance claims. The technology makes it possible to identify and register users;
message exchange. The platform has a special blockchain for carrying out identification processes;
Smart city. The project simplifies the work of a number of administrative departments. The system is suitable for organizing accounting for utility bills, organizing polls and thematic votes;
new Internet network. Cloud computing technology allows you to control the work of a huge number of devices in a single system.

How is Aelf created?

AELF technology includes main and side chains. The processing of incoming information is carried out in parallel. The system operates in the cloud server mode. Each element of the fork operates under a separate smart contract, blockchain. The formation of a separate chain allows you to create a mechanism for making a commission for each transaction. The level of demand in the chain directly affects the final payment amount.

AELF cryptocurrency has a unique data processing technology. This scheme allows 100% to cover the current commercial demand. The classification of nodes is carried out depending on the type of use. Effective resource segregation is achieved through the use of smart contracts. The main chain operates in the Markle Tree format. The developers have foreseen the presence of "nodes" in the system, with which it is possible to connect a large number of devices.

The transactional process is the basis for creating Aelf. It takes no more than 4 seconds to develop one block. To successfully complete the transfer, you will need to confirm the transaction, which includes 5 blocks. The entire procedure should take no more than 20 seconds to complete. It takes 1 minute to process large blocks.

When cryptocurrency entered the market, the total capitalization level was a quarter of a billion dollars. In January 2018, this figure increased to 652 million. During the market correction, the total size fell to $ 300 million. As of early December 2019, the ELF coin had a gross turnover of $ 250 billion.

A reliable security system creates additional interest in the project. The functioning of Aelf is based on the Delegated Proof-of-Stake principle. The selection of the main representatives of the platform is carried out through the scheme of democratic elections. The data transfer process is available through the sidechain hubs thanks to smart contracts.

Is Aelf endless?

The total issue of the digital asset was 1 billion coins. A quarter of them were sold out at the end of December 2017. The token distribution structure is as follows:

Marketing - 12%. To increase the activity of the community, special promotions are held. The most common among these are airdrop and bounty.
Reservation - 25%. The system provides for blocking tokens for a period of three years.
Advisors bonus - 10%. The assets were frozen for 720 calendar days. Unlocking is carried out every 180 days in equal parts.
The award of the official developers and consultants of the project is 16%.
Mining - 12%. The total number of coins to be mined is 100 million coins. The reward for decrypting the block will decrease gradually.
The Aelf project attracts a large number of additional investments. First of all, this concerns large funds, which consider the system as a tool for making a profit. Experts agree that the total cryptocurrency capitalization will increase in the next 2 years.

The dynamics of the change in the rate of the ELF coin is associated with a large number of factors. The key one is the market correction. When the asset appeared on the market, the price was $ 0.87. After the first sale in 2017, the price jumped to $ 2.61. The top management of the project decided not to conduct an ICO. The appearance of the coin on major exchanges caused a certain stir.

2018 also saw fluctuations in demand for digital currency. The indicator fell to the level of $ 0.45. Over time, the price tag increased sharply against the backdrop of a powerful advertising campaign from the Bithumb exchange. ELF coin has been included in the official list. The final cost of the asset is also influenced by the contracts concluded and the specifics of the roadmap implementation. At the beginning of December 2019, the cost of 1 coin is $ 0.07.

You can buy cryptocurrency on almost all popular exchanges. The presence of a profitable remuneration system in the AELF project creates additional benefits. Candy opens up opportunities for earning extra points. To earn them, users are required to complete special tasks in the form of writing comments, posting materials, etc.

You can store a digital asset on any wallet that supports the ERC-20 format. More secure options are MyEtherWallet or Ledger Nano. The launch of the main network will create the preconditions for the transition to the use of new wallets.

Strengths of Aelf

The Aelf ecosystem is designed for use in the industrial segment. The platform will cope with the issues of balancing various business processes. The development is suitable for issuing digital tickets, processing payments, concluding contracts. All transactions are reliable and completely safe.

The key benefits of a digital asset are:

An effective solution to the fundamental problems associated with Blockchain technology.
The development team is represented by experienced professionals who previously successfully worked in this direction. The existing technological base is competitive in the market and possesses various industry resources. The design has wide potential.
Market capitalization will grow.
Long period of "freezing" of tokens for official developers, reserve fund and consultants, advisors (730-1095 days).
Comprehensive marketing policy. The developers have relied on the airdrop technology to achieve the planned goals.
The project is supported by a large number of investors. The largest among them are FBG, Draper Dragon and others.
Status partnerships play an important role in improving the market value of a digital asset. Collaboration with Decentraland is aimed at creating a full-fledged digital city of Crypto Valley. When the project is launched at full capacity, the value of the coin on the exchanges will multiply.

Aelf in TOP currencies

Most of the experts are positive about the prospects for raising the Aelf rate. This is primarily due to the technical success in the implementation of the project. The roadmap is being fully respected. The development of a global network becomes possible with the help of a wide range of tools and additional functionality. If all approved tasks are completed, the software will significantly expand partnerships and registered user activity.

A common investment option is short-term deposits with Aelf. An alternative option is a long-term investment. Experts are confident that in the next 2 years the digital currency will increase in value. Therefore, today it makes sense to invest in Aelf. The launch of a full-fledged version of the project will have a positive effect on the total capitalization. Over time, the system transforms into a large-scale blockchain operating system.