ONZCoin Project: The next generation of blockchain for social networks

reallinks (30)in #cryptocurrency • 6 years ago

Usually people spend immense amounts of their time and make efforts in this field, since it is a type of powerful resource with which the world can be transformed.

The ONZ team believes in the strength and promise of the symbiosis between blockchain technology with * DPOS algorithm and the platform of a social network.The ONZ team has been trained by enthusiasts to explore how cryptocurrencies and network technologies can be integrated into social networks today.During the research they have already launched some different internal conceptual projects based on POW / POS algorithms using also the so-called "smart contracts" in social networks.The result of these projects confirmed the feasibility of the concept.So the ONZ team decided to integrate the concept with the best (the newest) DPOS algorithm of the Crypto Currency Consensus and developed a "road map" in 2017, to then start using a virtual currency in social media network, coin like - ONZ .

The ONZ team is developing a decentralized network of social values with the world's first social crypto-currency.

AIM AND GOAL

The main idea of ONZ is the integration of the social networking platform with the blockchain DPOS technology to transform the activity of social networking platforms into an ONZ cryptocurrency network token.

WHAT IS THE ONZ PROJECT BASED ON?

The ONZ code is a fork deriving from another already well known project - LISK, a platform with the public blockchain provided for decentralized applications.

The same code of LISK is another fork of Crypti, which is considered to be the second most successful cryptocurrency with the best crowdfunding.LISK is one of the most popular crypto-currencies, they also collaborate with Microsoft, which work to integrate LISK into its Azure Blockchain as a service program (BaaS), which will demonstrate that LISK and DPOS technologies are well understood in the industry IT.

ONZ is a derivative of LISK and works in a completely independent way as a separate and autonomous Blockchain network.

FEATURES AND COMPONENTS OF THIS PROJECT

ONZProbe is a key component of the system on which the ONZ team is focused, because it will be the only and main way to integrate with the social networking platform.
ONZScale - it is necessary to develop an algorithm for estimating the data feed from the ONZProbe to the user.
ONZStamp is a separate component of the ONZ team, which will digitize the social network resource to check if the content is original or not. ONZ promotes copyrights on social media, but technically the team needs a way to distinguish the original from copy-pastes in order to evaluate it correctly.

Community users will keep their ONZCoins on ONZWallet, and each portfolio has a unique address and is an identifier on the network.The cryptographic base of the platform is in ONZNet technology, which provides all transactions with blockchain technology and DPOS algorithm - the fastest and most efficient model, a link that will win in speed, practicality, convenience and reliability.

ABOUT ICO AND CROWDSALE

Pre ICO (Pre-sale) 22.01.18-04.02.18

ICO= 05.02.18 to 04.03.18

The ONZ team strongly believes that the social interactions are a fundamental human need. These days, we face a crisis of separation arising from differing ideals in politics and ideology. When people turn against each other, it can lead to distrust and loneliness. The ONZ team believes that with the right technology, we can potentially help solve this problem.