Hycon setting the standards for blockchain

in #blockchain6 years ago (edited)

Presentation
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Cash is a measure of significant worth by which merchandise and ventures can be traded for. With the expansion in innovation over the time, cash has taken diverse shape, from cowries down to paper notes and coins and at present it has advanced to the utilization of computerized cash which is otherwise called digital money which for the most part makes installments conceivable without topographical limitations and the issue engaged with experiencing banks and other remote trade implies.

Since this is another innovation being incorporated into the general the estimation of digital money and are exceptionally concerning.

A pressing need accordingly emerged to spare the notoriety of digital currency from all the various difficulties cutting down the believability of the blockchain business, it is exceptionally evident that the current blockchain framework needs an overhaul and this is precisely what HYCON expects to do by making the quickest and most secure blockchain arrange on the planet.

WHAT IS HYCON?

This is a blockchain stage made with the utilization of DAG( Directed Acyclic Graph) structure that makes the distributing of a few squares at the same time conceivable which will give scalability, transaction speed and security to clients.

HOW HYCON FUNCTIONS

Hycon was made in view of issues, for example, longetivity in exchange time as with the accessible blockchain in the market today; there are typically delays in actuating exchanges which emerges because of movement on the system and security issues that have been squeezing of later because of the hacking of a few records and the controls of even savvy contracts empowered exchanges.

To adequately resolve every one of these issues confronting the current blockchain frameworks, it consolidated highlights, for example, adaptability, straightforwardness, security, client driven and finish decentralization for clients. Anyway every one of these highlights offered by Hycon must be made conceivable by utilizing a novel innovation and calculation, for example, the Blake2b hashing calculation and the apparition convention which upon execution will make a digital money that will beat all the recorded difficulties and take blockchain to another level.

Hycon makes utilization of a bolstered wallet that is based on the business standard elliptic bend cryptography implies that is utilized as a part of marking exchanges otherwise called sep256k, which won't just thoroughly secure assets of clients yet in addition make it workable for wallets to be recouped through memonic codes.

TOKEN INFORMATION

The token of this stage is known as HYC token which can be acquired either with ETH, BTC or LTC. The official cost amid the ICO of this token is $0.09 USD per 1HYC token.

Advantages OF HYCON

The stage offers various advantages to clients as it adds endless qualities to them by offering them:

Keeps the occasion of twofold spending by clients that happens because of movement stack on the system by shortening exchange approval time to the barest least.

Since the stage permits a more throughput with bring down inactivity, it makes it feasible for more work to be done and more exchanges to be done every second.

Since the stage offers maximal decentralization, cross-chain exchanges are upheld which is exceptionally gainful to clients.

CONCLUSION
Hycon is here to make positive impact using the blockchain technology. The team behind this project is dedicated and are all experts in their various fields. With this, one can say this project is going to be a massive one.

FOR MORE DETAILS, VISIT THE FOLLOWING LINKS :

WEBSITE: https://hycon.io

TELEGRAM: https://t.me/teamhycon

TWITTER: https://twitter.com/teamhycon

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