Do you know that quite a long while back heaps of Bitcoin early devotees experienced issues with their assets, however they clutched their convictions and their coins, thus wise they are feeling like no one's business now,- the specialists in Crypto Industry say, - we still require Bitcoin and Ethereum to take a shot at a bigger scale, so organizations need to decentralize information and guarantee their security concerns.
Presently they confront another test: considering the gigantic measure of cash contributed, it stays to be perceived what number of old-clocks and newcomers will stay unwavering to the business and will endeavor to change the world with the assistance of advancements that have as of now transformed them. These days, Block chain innovation is encountering an enormous blast. New Block chain plans are made day by day, including the biggest specialized organizations. This innovation brings forth the concept on a financial platform that offers users a way to manage contracts and award of contracts knows as Yoc Platform.
What is Yoc Platform all about?
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.
Yoc platform often come up against situations when sharing of the servers is complicated using in the decisions traditional solutions. It happens for a reason. It is established on their own servers and it is based on the personalized software. There is a probability that these servers could be a target for the third-party attacks and users can significantly suffer from this. It is possible to exclude these shortcomings using a blockchain technology. This technology allows adjusting own knot which is capable to store information on a set of different computers with the other similar knots. At the same time, there is no discomfort in its usage. Attacks to such decentralized networks are very complicated. There is an enormous amount of the resources which has to be spent in order to complete it successfully, so it practically brings their probability to zero.
What offers Yocoin platform and how it works?
Yocoin is a full-fledged platform for guaranteed processing. The main advantages can be stated as follows:
user authentication through cryptographic signatures;
fully customizable transaction logic and state changes;
Is resistant to DDoS attacks;
No single point of network failure;
History of all network activities is stored in the public domain in decentralized distributed database (Blockchain).
Yoc mode of operation.
You can outline and issue your own digital money
Robustness is an advanced dialect which permits to make and utilize claim computerized tokens. Today there are numerous sorts of tokens, for example, tokens declarations, tokens activities, credit tokens. The operability of these tokens is furnished with our stage since they are made by methods for the indistinguishable standard. They turn out to be consequently executed by any satchel. The agreement or the application utilizes a similar standard.
Amid the making of tokens, you can put any rationale of their most proficient utilize. You can direct the tokens issue making it settled or changed by specific principles. You can provide for tokens proprietors extra specialist, for instance, a chance to vote or go about as the authority whose feeling will be secured by an offer of his ownership in an aggregate of the discharged tokens. Anyway, the utilization of the present conceivable outcomes is restricted just to the creative energy of the maker of a computerized resource.
With Yoc You can do the following shown below:
YOU CAN CREATE:
A tradeable token with a fixed supply
A central bank that can issue money
A puzzle-based cryptocurrency.
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 items
YOU CAN DEVELOP:
A 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.
Creation of a democratically autonomous organization.
Imagine how any centralized organization works. There are people responsible for the adoption of strategic and vital decisions works. People who create a huge number of documents and reports, accountants who are engaged in the accounting of material values, etc.
.
Yoc token and payment details.
Gas is a measurement unit that is used to determine the amount of reward for a specific computing. Gas price - is the amount of “yoc” you can spend on each gas unit. Gas price is measured in “GWei”. Wei is the smallest unit of yoc, where 1018 Wei is only 1 yoc. One GWei is equal to 1,000,000,000 Wei.
For any transaction, the sender must set a gas limit, as well as gas price. The gas price as well as gas limit is the maximum amount of Wei, which the sender is willing to pay for the transaction. Let’s imagine the sender sets a gas limit of 50,000 GWei, and the gas price is set at 20 GWei.
It means that the sender is ready to spend up to 50,000x20 GWei = 1,000,000,000,000,000 Wei or 0,001 yoc for this transaction. gas limit – is max amount of gas that the sender is willing to pay. The sender can execute transactions as long as balance of his account there is enough aether to cover this maximum.
Furthermore, the sender will be compensated for any losses associated with incomplete use of the gas at the end of the transaction, with the gas being exchanged at the original rate.
Some experts work links outline for the success of the platform.
* 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.
A. Swartz, “Squaring the triangle: Secure, decentralized, human-readable names,” 2011.
[Online]. Available: http : / / www . aaronsw . com / weblog / squarezooko.
Contact YOCOIN Today
For enquires regarding YOCOIN information and participating in YOCOIN Token Sale, visit 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.
For additional information click on 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: Tejo_surty
My bitcointalk profil: https://bitcointalk.org/index.php?action=profile;u=2099518
My bitcointalk profil: https://bitcointalk.org/index.php?action=profile;u=2099518
Eth Address: 0xF9BC056454948A5D645c86708243A9C7d9578334
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