Hycon—minimize fees of blockchain transactions
The development of blockchain technology requires completely new technologies that will replace the existing ones and in many ways surpass them. This is exactly what the company offers Hycon, the goal of which is to increase the bandwidth to 3000 transactions per second and thereby completely reduce the slow transactions. This technology is considered as a real alternative to bitcoin. The infrastructure and full functioning of the network will directly occur on the developed technology itself, which is called Infinity.
One of the most popular blockchain at the moment is the Ethereum network, where various manipulations of the network load does not withstand certain operations and the transaction may hang. In the case where you need to quickly make a payment, the fee will cost significant funds for the user, which is not acceptable when making small payments.
Technology Hycon has a distinctive structure in comparison with existing crypto-currencies and is based on a unique DAG algorithm. The authors of the project note that this Protocol is able to solve the issue of data storage and transmission. At the same time, the unique ability of DAG is considered to create blocks on various parts of the block chain. To Supplement this technology is actually developed algorithm SPECTRE, to create the ideal consensus network.
Transactional operations are performed in a matter of seconds and do not overload the network when used by a large number of users, this is due to the rapid and consistent formation of blocks on which the speed of data transmission depends directly.
It should be noted that the project was very successfully conducted phase ICO, and krausel was quickly closed, as was achieved a high bar in the amount of 60 million U.S. dollars. Large investment funds have bought most of the shares, and this suggests that this project is able to make a profit, both in the short term and in the long term.
HYCON is a revolutionary and bold project that is focused on creating a stable and decentralized blockchain network with the latest and innovative technologies.
Decentralization is one of the main advantages of the project.
At the same time, special attention is paid to network scalability and increased throughput up to 3,000 transactions per second. Many teams, by virtue of their ability, reduce this figure to the maximum and only the brave and ambitious open the curtain for tomorrow.
The Dag Protocol makes transactions in a matter of seconds when forming new blocks. It is an ideal algorithm and infrastructure for the development of the ecosystem as a whole.
During the sales, 1 billion HYCON tokens were sold and the price was $0.10 per coin. The investor with a large capital had the opportunity to make a maximum purchase of tokens in the amount of 50 000 dollars.
The minimum investment was $ 50. At the moment, the token is successfully traded on one of the largest OKEX exchanges. Trading volume indicators are quite impressive and the coin becomes liquid.
More info about project:
Official Web-site: https://hycon.io
Facebook: https: //facebook.com/teamh
Bitcointalk Username: pushka
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=116606
Hycon wallet address: H2nxRVb1a7mGV14yRqW9mwSyC3nmZ2XZj