INTRODUCING YOCOIN TO THE WORLD.
Hello Dear viewers, Today Blockchain Technology can be useful not only for making transactions. Almost straight after bitcoin emerging, people began to think about how to use this technology in several othervfields. When miners check the trans they run more comflex programs, software for social network or use Blockchain to provide data for online forums.
After the creation of bitcoin, these ideas came out just only a few years later a 9th year old student from Torento contributed to their to teir development just in 2013, Vitalit Butarin created a completely technology called Ethereum. Due to the development of ethereum blockchain can be used not for making transactions.
This wonderful development means that everyone can emerg a program in transaction and be sure it will remain unchanged and accessible to the blockchain. Invelnerable to censors and not require human intervention.
Have you heard of the fastest growing platform called yocoin?
Yocoin is not a new start-up platform, Rather it is a steadily evolutive and growing platform that was launched since 2016. At the same time growth since september equaled a very significant 300%. And its time to move on in order to be become maximum useful for its users.
Yoc is a fully decentralized platform. Its main function is an opportunity to create and place smart contracts and the decentralized applications on its basis. It is difficult to overestimate the advantages of these applications since they minimize any risks connected with different types of activity. The management of finance when the ICO is carried out, service insurance, trade, logistics, the creation of partner programs, the creation of new platforms for gamblings are the most popular spheres of use of these contracts and applications nowadays. It is an incomplete list of potential opportunities of the blockchain technology use. The Yoc platforms allow involving in a simple and convenient way to use the full resources of the most modern and advanced technologies existing nowadays.
YOCOIN PLATFORM BLOCKCHAIN PARADIGM
What offers Yocoin platform and how it works.
First, Yocoin is a full fledge platform for guaranteed processing.
The main advantages can be stated as follows.
- User authenication through cryptographic signature
- No single point of network failure
- History of all network activities is stored in the public domain in decentralized distributed database (Blockchain).
- Fully customizable transaction logic and state changes is resistant DDos attacks.
With the Yoc Platform, you can create the following:
- A tradeable token with a fixed supply
- A puzzle based cryptocurrency
- A central bank that can issue money
YOU CAN DEVELOP
A crowdfund to pre-sell a product
A crowdsale to sell virtual shares in a blockchain organization
An auction of a limited number of itemsA virtual organization where members vote for taking any decision
A transparent association based on shareholder voting
Your own country with an unchangeable constitution
A better delegative democracy.
NEW OPPORTUNITIES FOR CROWDFUNDING
The new platform provides an absolutely new approach to crowdfunding. By means of the YOC platform, you have an opportunity to exclude a trust component between you as a future supplier of goods or service and the investor, to which whether it is peculiar to doubt decision-making to invest own money in the realization of your idea.
You have an opportunity to create such conditions, having provided their smart with the contract which will allow storing money of the investor, the conditions stipulated in him won't be satisfied yet.
In case of your success money will surely pass to you, and in case of your failure they will return to the investor, at the same time terms of the contract won't be able to be changed after the start of the contract in any way. At the same time, you can avoid the need to have the centralized arbitrator, the center of exchange of information or any other tool which needs to trust. In the same way, you can control the distribution of remunerations to investors who have supported your project at his early stage, and now have to receive all that is due to them.
Yocoin is indeed a mind blowing platform, with promising projects.
REFERENCES
Ethereum. Ethereum. https://ethereum.org
Gavin Wood. ETHEREUM: A SECURE DECENTRALISED GENERALISED TRANSACTION LEDGER.
http://gavwood.com/paper.pdf, Feb 2015.
Satoshi Nakamoto. Bitcoin: A Peer-to-peer Electronic Cash System.
https:// bitcoin.org/bitcoin.pdf, Oct 2008.
Nick Szabo. Formalizing and Securing Relationships on Public Networks.
http:// szabo.best.vwh.net/formalize.html, Sep 1997.
Naval Ravikant. The Bitcoin Model for Crowdfunding.
https://startupboy.com/ 2014/03/09/the-bitcoin-model-for-crowdfunding/.
C. Detrio, “Smart markets for smart contracts,” 2015. [Online]. Available:
http://cdetr.io/smartmarkets/.
P. Snow, B. Deery, J. Lu, et al., “Factom: Business processes secured by immutable audit
trails on the blockchain,” 2014. [Online]. Available:
http : / / bravenewcoin.com/assets/Whitepapers/ Factom-Whitepaper.pdf
A. Swartz, “Squaring the triangle: Secure, decentralized, human-readable names,” 2011.
[Online]. Available: http : / / www . aaronsw . com / weblog / squarezooko.
R. C. Merkle, “Protocols for public key cryptosystems,” in IEEE Symposium on Security
and Privacy, 1980
“Schema.org schemas,” 2016. [Online]. Available: http://schema.org/docs/schemas.html.
Smart property: https://en.bitcoin.it/wiki/Smart_Property
GHOST: http://www.cs.huji.ac.il/~avivz/pubs/13/btc_scalability_full.pdf
Simplified payment verification: Simplified payment verification
Colored coins whitepaper: https://tinyurl.com/coloredcoin-whitepaper
For enquires regarding YOCOIN information and participating in YOCOIN Token Sale,
visit http://www.yocoin.org R. C. Merkle, “Protocols for public key cryptosystems,” in IEEE Symposium on Security and Privacy, 1980 “Schema.org schemas,” 2016. [Online]. Available: http://schema.org/docs/schemas.html
And also for more information visit the following...
WEBSITE: https://www.yocoin.org/
WHITEPAPER: https://www.yocoin.org/Yocoin_WhitePaper.pdf
TELEGRAM CHAT: https://t.me/yocointeam
FACEBOOK: https://www.yocoin.org/#
TWITTER: https://twitter.com/yoc_crypto
Authored by innocent504
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2119938
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