Project Hycon Review

in ico •  6 years ago 

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Hycon is a digital platform created for the purpose of bringing about new digital assets. It was created with the backing of a fast blockchain platform with the ability to be huge. It uses the directed acyclic graph (DAG) scheme hence; the system can create a lot of blocks at the same time. With this, users can solve all issues with a transaction and get rid of every embargo with the aid of a consensus algorithm
When hycon first came onto the market, the major cryptocurrencies were Bitcoin and Ethereum. With time, there were many issues discovered with them which were not rectified. For instance, their blockchain cannot handle a lot of user at a time. With the advent of technology, a lot of people are attracted to this kind of project. As a result, the time for conducting a transaction has increased and also the commission.
Project Hycon is also going to address security issues. Hacking and hacking attacks are issues that we tackle every blessed day. Hackers have improvised hence; they track payments, steal funds and affect the operation of the Smart Contract. With the project Hycon however, efforts have been put in place to upgrade the blockchain technology. This will be made possible through the use of infinity exchange network
Features/Benefits of the Hycon Project
These are the main advantages users will get on being part of the project Hycon
• Faster Transaction: The coin promotes fast transactions. Confirmations are instant once transactions are complete and confirmed. There is a huge volume of block hence the capacity to handle quick transactions
• Capacity for Expansion: The Hycon project features on chain scalability making it expandable. Thus, it can attain a transfer speed that the normal blockchain is not capable of.
• Latency Tolerance: As a result of the directed acyclic graph structure (DAG) alongside the SPECTRE protocol, the Hycon project features a latent tolerant.
• Secure and Fair: Everything about the project Hycon is designed to encourage accountability. The platform is well secure hence, data is more secured.
Part of the goal of the project Hycon is to introduce a new cryptocurrency coin backed up by a modern system. This new system is proven to meet the entire needs of all members.
All in all, there are many advantages of using the project Hycon as compared to the current blockchain platform. Hycon, coined from the word ‘hyper-connected coin’ is the perfect solution for people interested in safe, scalable and fair transactions. It is also a means to get over all the issues associated with traditional blockchain platform.
In summary, blockchain technology is in need of a serious upgrade. Hycon brings about the said upgrade. The network of the platform has been proved to feature top security with high speed

    The Brain Behind the Hycon project

The brain behind the project hycon is made up of professionals from various fields. The goal of the Hycon team is to hyper-connect everyone in the universe. With the new technology directed acyclic graph structure (DAG) alongside the SPECTRE, the coin will soon feature in the present economy. This will make available a very fast confirmation period.

Website: https://hycon.io
Whitepaper: https://hycon.io/doc/whitepaper1.2.2_en.pdf
Facebook: https://www.facebook.com/teamHycon
Telegram: https://t.me/ teamhycon
Twitter: https://twitter.com/teamhycon
Reddit: https://www.reddit.com/r/HYCON/
Steemit: https://steemit.com/@hycon
Btt username: cryptoboss255

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