PARLAY – The Decentralized Prediction Game Platform Powered By Public

in blockchain •  6 years ago 

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

ABOUT PARLAY

Parlay is a decentralized platform that allows users to bet and vote on Blockbuster-based games. Combining the bet application with blockchain technology, parlay offers users the opportunity to set up their bets and participate in the bets available in the system. Parlay is a Blockbain-based platform that connects users from all over the world who want to have fun with games in the system or create their own games. The decentralized model provides a free system where people can easily place their predictions in their games. Users with successful results are paid as BTC or par.

FEATURES OF PARLAY PLATFORM

PARLAY.LIVE

Parlay.Live is a prediction game platform operated by the public. You are the one in control of every game in this platform.

Propose your own game or vote/play for the games that interest you to get rewards from Parlay.Live.

Parlay.Live lets you earn BTC/PAR pair vice versa either by operating your own game or winning a prediction game that you participate in.

PRIMENODES

Prime service is a user-friendly solution that automates masternode setup.

Does not require challenging engineering task.

Highly effective enough to gather users who have hesitated to run masternode.

Integrated with memory pool monitoring system and managed by Prime service.

INSTANT

Fast transactions over the world verified by PrimeNode network.

PRIVACY

Your data is confidential. Transactions are encrypted and stored anonymously in Parlay network.

SECURED SCALABILITY

Protect network from transaction congestion with auto-scaling feature.

POS

Validate transaction and generate blocks by staking.

Each PAR holder gets incentives in Parlay network.

USER-FRIENDLY

Single step automated solution to install/run node on VPS.

Nodes on the network are complex to install and maintain, hence a technical know-how is required for the proper operation. The biggest challenge in the network is the sudden congestion and delays which directly affect the speed of the transactions. The prime reasons for experiencing this network delay is the sudden increase in the number of transactions on the network. There is a need for finding the solution for avoiding the network delays and manage the congestion on the network.

SOLUTION PARLAY OFFERS

PARLAY has developed a solution for the blockchain network. It has created an auto-scaling feature for managing the network delays on the blockchain network. The auto-scaling feature of the network automatically increases or decreases the number of servers on the network depending upon the congestion level. The blockchain monitoring system broadcasts all the transactions on the network.

PARLAY CHAIN ​​SPECIFICATIONS

The PoS Parlay consensus algorithm allows each stakeholder to participate in transaction validation on the network. To improve the growth of stable and secure networks, we provide more incentives to PrimeNodes holders. Each point of the PoS ParSS block is divided into 60% set to PrimeNodes and 40% is assigned to stalk the node.

Specification Token

Symbol: PAR

Algorithm: Scyrpt

Maximum supply: 30,000,000 Parlay

Block time: 90 seconds

Gift Block: 20 PAR

Gift distribution: PrimeNodes 60% / Staking Node 40%

PrimeName: 2,500 PAR

Difficulty retargeting: each block

Maturity Block: 88 block

Transaction Confirmation: 10 blocks

Premine: 0.5%

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

Parlay.Live is the platform service that gathers and evaluates diversified collective intelligence proposed by the community. Parlay team urges to potentially expand and stimulate by the community and for the community. Be a part of this tremendous project and follow these links for more information;

Website: https://www.parlaychain.io/

Whitepaper: https://parlaychain.io/whitepaper.pdf

Discord: https://discord.gg/CK38myY

Twitter: https://twitter.com/ParlayChain

Github: https://github.com/parlaychain/

Wallet Parlay: https://www.parlaychain.io/wallet

Ann Threads BTT: https://bitcointalk.org/index.php?topic=3652595

Author

nugezmils

BITCOINTALK PROFILE

https://bitcointalk.org/index.php?action=profile;u=1729621

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