YO COIN: A financial platform with a powerful way to manage contracts and award contracts for user assets.
Did you know that quite a bit of back-back from Bitcoin, early worshipers had problems with their assets, but they gripped their beliefs and coins, so wisely they felt like no business now, - specialists in Crypto Industry said, - we still need Bitcoin and Ethereum to take shots on a larger scale, so organizations need to decentralize information and guarantee their security problems. Currently they are facing another test: considering the gigantic size of cash donated, it is still considered whether the number of old hours and new arrivals will remain unshakeable to the business and will try to change the world with the help of progress as it is now changing them. These days, block chain innovations are facing a big explosion. New Block chain plans are made day by day, including the largest special organization. This innovation gave birth to a concept on a financial platform that offers users how to manage contracts and awarding contracts known as the Yoc Platform.
What is the Yoc Platform?
Yoc is a fully decentralized platform. Its main function is the opportunity to create and place smart contracts and decentralized applications based on the basis. It is difficult to overestimate the benefits of this application because they minimize the risks associated with various types of activities. Financial management when the ICO is carried out, insurance services, trade, logistics, creation of partner programs, the creation of new platforms for gambling are the most popular fields of current use of contracts and applications. This is a list of potential incomplete opportunities from using blockchain technology. The Yoc platform allows engaging in a simple and convenient way to use the full resources of the most modern and sophisticated technology available today.
Yoc platforms often appear against situations when sharing complicated servers using traditional solution decisions. It happened for a reason. These are established on their own servers and this is based on personalized software. It is possible that this server can be targeted by third party attacks and users can significantly suffer from this. It is possible to exclude this deficiency using blockchain technology. This technology allows the adjustment of the node itself which is able to store information on a different set of computers with other similar nodes. At the same time, there is no discomfort in its use. Attacks on decentralized networks are very complicated. There is a large amount of resources that must be spent to complete it successfully,
What offers the Yocoin platform and how does it work?
Yocoin is a full platform for guaranteed processing. The main advantages can be stated as follows:
user authentication through cryptographic signatures;
fully transaction logic and status changes that can be adjusted;
Resistant to DDoS attacks;
There is no single point of network failure;
The history of all network activity is stored in the public domain in a decentralized distributed database (Blockchain).
Yoc operation mode.
You can decipher and issue your own digital money
Robustness is an advanced dialect that makes it possible to make and use computerized token claims. There are currently many types of tokens, for example, declaration tokens, token activities, credit tokens. The operation of these tokens is equipped with our stage because it is made with methods for standards that cannot be distinguished. They were executed by satchel. Agreement or application uses the same standard.
In the middle of making tokens, you can place any reason for the most advanced use. You can direct the token problem to make it resolved or changed by certain principles. You can provide specialists with extra specialist tokens, for example, the opportunity to choose or leave as an authority whose feelings will be guaranteed by the offer of ownership in the aggregate token that is discarded. However, the use of existing results is limited only to the creative energy of computer resource makers.
With Yoc you can do the following below:
YOU CAN CREATE:
Tokens that can be traded with fixed inventory
A central bank that can spend money
Cryptocurrency based puzzle.
YOU CAN DEVELOP:
Crowdfund for pre-selling products
Crowdsale to sell virtual shares in the blockchain organization
Limited item auction
YOU CAN DEVELOP:
A virtual organization where members choose to make any decision
A transparent association based on the voting of State shareholders
Yourself with a constitution that cannot be changed
Better delegation democracy
New opportunities for crowdfunding
The new platform provides a new approach to crowdfunding. Through the YOC platform, you have the opportunity to exclude the trust component between you as a supplier of goods or services in the future and investors, where is it strange to doubt the decision to invest your own money in realizing ideas.
You have the opportunity to create such conditions, after giving them a smart contract that will allow saving money from investors, the conditions set in him will not be satisfied.
Creation of a democratically autonomous organization.
Imagine how a centralized organization works. There are people who are responsible for adopting strategic and important decisions. People who make a large number of documents and reports, accountants involved in calculating material values, etc.
Yoc Token and payment details.
Gas is a measurement unit that is used to determine the amount of compensation for a particular computing. Gas prices - is the amount of "yoc" you can spend on each gas unit. Gas prices are measured in "GWei". Wei is the smallest unit, where 1018 Wei is only 1 yoc. One GWei equals 1,000,000,000 Wei.
For each transaction, the sender must set the gas limit, as well as the gas price. Gas prices and gas limits are the maximum amount of Wei, which the sender is willing to pay for the transaction. Let's imagine the sender sets a 50,000 GWei gas limit, and the gas price is set at 20 GWei. This means that the sender is ready to spend up to 50,000x20 GWei = 1,000,000,000,000 Wei or 0.001 yoc for this transaction. gas limit - is the maximum amount of gas that the sender is willing to pay. Sender can make transactions as long as there is enough account balance to cover this maximum. Furthermore, the sender will be compensated for any losses related to incomplete gas use at the end of the transaction, with gas exchanged for the original value.
Gavin Wood. ETHEREUM: A TRANSACTION TRANSACTION ESTABLISHED DECENTRALIZATION. http://gavwood.com/paper.pdf, Feb 2015.
Satoshi Nakamoto. Bitcoin: Peer-to-peer Electronic Cash System. https: // bitcoin.org/bitcoin.pdf, October 2008.
Nick Szabo. Formalize and Secure Relationships in Public Networks. http: // szabo.best.vwh.net/formalize.html, Sep 1997. Naval Ravikant. Bitcoin model for Crowdfunding. https://startupboy.com/2014/03/09 / the-bitcoin-model-for-crowdfunding /.
C. Detrio, "Smart market for smart contracts," 2015. [Online]. Available: http://cdetr.io/smartmarkets/.
P. Snow, B. Deery, J. Lu, et al., "Factom: Business processes are guaranteed by an audit trail that does not change on the blockchain," 2014. [Online]. Available: http: / / bravenewcoin.com/assets/Whitepapers/ Factom-Whitepaper.pdf
A. Swartz, "Squaring triangles: Safe, decentralized, human-readable names," 2011.
[On line]. Available: http: // www. aaronsw com / weblog / squarezooko.
Contact YOCOIN Today
To inquire about YOCOIN information and participate in YOCOIN Token Sale, visit RC Merkle www.yocoin.org, "Protocol for public key cryptosystem," in the IEEE Symposium on Security and Privacy, 1980 "Schema.org schemas," 2016. [Online ] Available:
For additional information, click the link below:
Reddit: https://www.yocoin.org/#
Linkedln: https://www.yocoin.org/#
Twitter: https://twitter.com/yoc_crypto
Yocoin talk: https : //yocointalk.org/
Facebook: https://www.yocoin.org/#
Telegram: https://t.me/yocointeam
Market: https://github.com/yocoin15
Whitepaper: https: // www. yocoin.org/Yocoin_WhitePaper.pdf
AUTHOR:Gambangcity
ETH:0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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