A NEXT GENERATION BLOCKCHAIN SOFTWARE

Hi guys, we meet again …
And now I will bring some topic about the cryptocurrency again. Ok! Let’s begin……..

What is it ICO?

ICO is the introduction of new Coins that will circulate on cryptocurrency. At first we will be introduced to the latest digital coins that will be circulated on the internet. This raises the most dominant digital currency of bitcoin, the higher the value because the coin to be circulated contributes more, arguably the bitcoin currency becomes the reference for another coin / cryptocurrency.
ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger.
ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as Bitcoin. These future tokens are expected to be of high value, depending on the success of the apps solving business problems.
If technology can help ease and effective efficiency, compared with the old pattern, it is assured to be fast or sluggish everyone will choose an easier way. Although still immature, Blockchain-based applications provide the convenience of being Distributed database: Data is stored in many nodes, not centralize, does not require many third parties, Immutable records, data that has been created / formed can not be replaced / deleted. Execution of transaction process can be run by rule / algorithm as in example smart contract.
Examples of successful blockchain apps get funding from Initial Coin Offering Ethereum: https://www.ethereum.org/
Next I will explain ‘bout the blockchain.
What is it?
The Bank records all the financial transactions they make in a 'ledger' (or 'ledger'). Decades ago, this ledger might be in the form of hundreds of dusty old books. Each new phrase that appears in the ledger is a record of a recent transaction. These records are now digitized, but the ledger is still owned and controlled by a bank.
Blockchain is unique because this ledger is not managed by a single organization or party. Instead, the general ledger record is publicly distributed and managed by thousands of computers in the world at the same time. You can see all the transaction notes here check, the content is amazing.
This public accessible and public ledger is the main force of Blockchain. Every computer on the network can make new notes about new transactions, said Oscar Darmawan, President Director of Bitcoin Indonesia. When a transaction is recorded in this global ledger, it is impossible for anyone to remove the transaction records.

Well already understand it! Ok we go on.

What is the product?
The name is STASHPAY.IO

STASHPAY.IO is an open source cryptographic software that combines many innovative protocol features from Bitcoin, Dash and Zcash while solving numerous problems currently experienced by various open source blockchain software. While different blockchain software possess diverse and valuable attributes each also has their own problems. These issues include slow transaction speeds, high transaction costs, poor scalability, a fair launch, strong privacy, practical governance framework, a continuous funding structure and correct user incentives. The goal of STASHPAY. IO is to bring together many of the most cutting-edge blockchain software features and build on top of proven block chain technology to solve or eliminate these problems.

Sale Structure
Role of Token : Stash Labs Pty Ltd is building the STASHPAY.IO Software but it will not configure and/or launch any public blockchain platform adopting the open source STASHPAY.IO Software (the “STASHPAY.IO Platform”). Any launch of a STASHPAY.IO Platform will occur by members of the community. The STASHPAY Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the STASHPAY.IO Platform.
Symbol : STP
Cost Per Token in $USD : $0.10 Based on the closing hourly prices of exchange rates published on cryptocompare.com when our deposit address receives your payment
Total Stash Token (STP)Supply : 500,000,000
Tokens for Sale : 0-360,000,000
Tokens to Stash Team : 100,000,000 (27/09/2018 lock-up)
Tokens to Advisors & Bounties : 40,000,000
Tokens to Stash Labs Pty Ltd : If any Tokens are not sold they will be sent to the Stash Vault (and locked-up until 27/09/2018)
Stash Tokens (STP) Platform : Ethereum Blockchain
STASHPAY.IO Software Tokens : STASHPAY Platform
Total STASHPAY.IO Token Supply Over 100 Years : Maximum 997.8 million, after 100 years of mining, includes 500m Token Distribution supply
Emission Rate STASHPAY.IO Token : 7.1% per annum
STASHPAY Token Pre-Sale Period : 24/09/17 23:00 UTC to 22/10/17 04:00 am UTC
STASHPAY Token Sale Period : 22/10/17 04:00 am UTC to 19/11/17 04:00 am UTC
Accepted Form of Payment : Bitcoin (BTC), Ethereum (ETH)
Token Sale Date : Stash Tokens (STP) will be distributed at the end of the Token Sale
Security : Funds will be stored in multisig wallets and cold storage
Minimum Goal : None
Maximum Cap : $36,000,000

Sale Bonus Structure
Pre-Sale Starts 24/09/17 11:00 pm UTC : Bonus
First 24 hours : 40%
25/09/17 11:00 pm UTC to 01/10/2017 4:00 am UTC : 30%
01/10/17 4:00 am UTC to 08/10/17 4:00 am UTC : 25%
Pre-Sale 08/10/17 4:00 am to 22/10/17 4:00 am UTC
Pre-sale bonus between $20 - $1k : 11%
Pre-sale bonus between $1k - $5k : 15%
Pre-sale bonus between $5k - $10k : 18%
Pre-sale bonus between $10k - $50k : 20%
Pre-sale bonus between $50k - $100k : 25%
Pre-sale bonus > $100k : 30%

Token Sale 22/10/17 4:00 am UTC : Bonus
First 24 hours : 10%
23/10/17 4:00 am UTC to 29/10/17 4:00 am UTC : 9%
29/10/17 4:00 am UTC to 05/11/17 4:00 am UTC : 5%
05/11/17 4:00 am UTC to 19/11/17 4:00 am UTC : 0%

Network STASHPAY.IO
This requires proof of service. It is not enough simply to assess which iNodes are functioning, as a certain level of service must also be attained. To ensure this level of service, the iNode network uses Quorums; two Quorums are chosen for each block, and Quorum A assesses the service level of Quorum B. Quorum A is made up of the nodes closest to the hash of the current block. Quorum B, on the other hand, is made up of nodes furthest away from this hash. In this way, the system is kept trustless by randomly selecting nodes through the quorum system which makes the network self accessing.

Rewarded
These payments are derived from the block rewards accrued on the network, with around 45% of the total paid out in tokens to iNodes who uphold their level of service. However, there is some fluctuation in the total amount payable per day, as the iNode Rewards Program percentage is fixed, and yet the number of nodes are variable. Payment per day of iNode operation is calculated thusly.

n × r × s ÷ t in which
n = Blocks Per Day
r = Block Reward
s =
iNode share
of each block reward
t = Total number of iNodes

For calculating the reward payments
on an iNode, the following formula is
used, based on the same definitions
as to the left;
Rate of return per iNode

= (n × r × s) ÷ t × 365.25 ÷ 10,000

Where 10,000 = the amount of
STASHPAY.IO tokens collateral
required to operate an iNode.

Transaction Speed And Scalability
By implementing 150 second block times and a second-tier iNode structure that is capable of supporting up to 20-megabyte blocks, STASHPAY.IO provides 80x Bitcoin transaction capacity and as a result, ensures transactions fees are kept low. This also means STASHPAY.IO software will have no near-term capacity issues which will allow the STASHPAY.IO team to research and implement further capacity improvements over time.

Stashpay.Io Tokens And STASHPAY.IO Software Supply
The supply of STASHPAY.IO tokens will depend on the balance that is placed into the genesis block by the community. A maximum of 997.8million STASHPAY.IO Tokens will be minted which includes any STASHPAY.IO tokens that are created in the genesis block. as well as any STASHPAY.IO tokens that are mined over approximately the next 100 years.

Ok. That it explain about this STASHPAY.IO
For more information about this product you can visit on :
Website : http://stashpay.io/
Facebook : https://www.facebook.com/stashpay.io
Twitter : https://twitter.com/stashpay
Slack : https://stash-talk.slack.com
Whitepaper : stashpay.io/whitepaper.html
Ann Thread : https://bitcointalk.org/index.php?topic=2114814

Thank’s for visiting .. and see you next blog.. Bye…bye…