Seyblock | Anonymous ,Traceable Transaction System

cleante (52)in #seyblock • 6 years ago

We are celebrating the 10th anniversary of Bitcoin technology, which initiated digital money transfers. The number of users and the number of transactions increases day by day and the bitcoin transfer rate is 25-30 minutes. The speed of bitcoin transfers compared to credit card and POS device payments is almost one-tenth of these platforms. As a result, the Bitcoin infrastructure is no longer able to respond to increased user transactions. In addition, increasing electricity costs and costs due to the pow system leave miners in a difficult position. Recently, the global mining giant Bitmain's closure of the Dutch office and the commencement of labor has led to questioning the sustainability of this technology.

Ethereum Bitcoin, called Bitcoin 2.0, has been released to complement the missing sides. In time, many subcoin and crypto currencies were produced in the Ethereum infrastructure, which achieved high success potential. This increased amount of processing has brought the Ethereum infrastructure to a standstill. Unfortunately, the Ethereum team has found a solution to this problem by expanding the block size. With the expansion of block sizes, the issue of scalability has emerged. With the increasing processing capacity, the number of pending transactions increased and this caused the network to slow down. In addition, Ethereum network hackers have made micro transactions in the Ethereum network, resulting in a significant increase in transfer costs.

The Xlm project was implemented as a solution to all these problems. Xlm, which is separated from the Ripple project by hard fork, is the crypto-money technology with the fastest transfer operations on the market. Unlike the Ripple project, Xlm has a decentralized system. This situation has enabled him to be in the top 10 on the coinmarketcap.

SEYBLOCK uses the infrastructure of the Xlm project. Unlike the SEYBLOCK Ethereum blockchain, which has a processing capacity of 25-30 seconds per second, it does not have scalability problems. Seyblock is designed to operate in any extreme condition that may be on the network.

Security

The SEYBLOCK ecosystem is protected by a multi-layer encryption technology. This password technology, which is unknown to anyone other than users, has a code structure that is impossible to predict and cannot be found and copied by hackers. Unlike other wallets, SEYBLOCK is an anonymous wallet. It is not possible to display in any way what transfers are made by the users or by which users are transferred.

Processing fee

Users who transfer funds from banks pay a large fee for this transfer. In addition, hidden fees such as the use of bank wallets and taxes are also reflected in the users' accounts. These fees, called hidden fees, harass the users. The SEYBLOCK project has very low transaction fees. Even if users send thousands of dollars, the price they pay will remain the same, as the block size will not change. SEYBLOCK does not charge extra fees for users such as wallet usage or taxes.

Escrow System

Many users who perform crypto money transactions use exchanges for trading. In the past, hacking situations have shown us that these stock exchanges are quite useless and have no security infrastructure. In the SEYBLOCK system, no funds of the users are kept in the stock market or in the SEYBLOCK platform. As a result, all assets of the users can be stored as fully secure.

Forum and News Platform

SEYBLOCK has launched a forum system where crypto users can communicate with each other. Within this forum, users can receive daily news about the crypto market and follow developments. SEYBLOCK aims to become the social media platform of the crypto money market which creates a social environment where users can chat with each other.

As a result

The team of this successful project, currently traded on many crypto money exchanges, is composed of members who are well-known by the crypto money market. You can access the details of this successful project from the addresses below.