ION CHAIN - The High-Capacity IonChain Transactional System
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, IonChain, an innovative blockchain which meets the global standard and provides a secure, scalable and decentralized technology which guarantees security through collaborative and permissionless mining has arrived.
Now that I have your attention, let’s get right to it.
What exactly is ION CHAIN?
IonChain is an innovative blockchain which meets the global standard and provides a secure, scalable and decentralized technology which guarantees security through collaborative and permissionless mining. Security of transactions are ensured by our theoretic framework that means over 50% of total hash power is sent to the base chain which acts to prevent any double spending.
The Ion chain which is built on the Ethereum platform has IONC TOKEN as its operational cryptocurrency in this ecosystem. The following is the starring innovative features of the ION CHAIN.
Smart Contracts - smart contracts will be provided with the most widely used Ethereum Virtual Machine at this time.
Chain Operations On and off - closed-chain operations are accepted for times when transactions must access non-block information. Smart contract private data can be shared as required.
Account management is simplified by allowing an account to access all parts. Users can run a primary account with the user address on a default channel or a secondary account that manages all other addresses of another part of the user. The primary account option is basically used, and if the remaining account in the secondary account is to be returned to the primary account, a temporary account of the second account will be temporarily moved if necessary.
The most worthwhile parts of the new framework are that less mind boggling power is required and that square honors are permitted to be granted relatively to token proprietors. This essentially diminishes the vitality requirement for mining and enhances efficiency by decreasing expenses.
Most likely, the Ionic chain venture is a thorough undertaking that additionally expects to take care of other industry related issues with a perspective of raising the adaptability, decentralization, security, and adaptability of the blockchain innovation.
The ion chain stage offers the capacity of token transformation crosswise over chain through the cross-shard exchange. This can likewise be accomplished by offering a subchain to the next chain, which at that point changes over the cross-tie to cross-shard.
Commonly, sharding is the dividing of information into littler information units with the expectation to accomplish versatility as observed in brought together frameworks. The ionic cross-sharding exchange gave by the ionic environment is by a long shot past the standard sharding gave by concentrated frameworks.
ION CHAIN offers an innovative double-blockchain that meets the global standard and provides secure, scalable, and decentralized technology that guarantees security through collaborative and non-contact development.
IonChain uses the latest technology to incorporate database networks, commonly referred to as fractions; IonChain will bring large-scale and distributed systems that have different scalability benefits. This will allow IonChain to fill the gap in the market and grow to meet the needs of business all over the world.
Distributed networks expand IonChain's capabilities exponentially and will operate to integrate IONC into common transactions. Blockchain's challenge that IonChain can cope with is the ability to measure, provide security and decentralize, while maintaining high-speed services.
Again, IonChain is an opportunity for scaling, security and centralization while maintaining a fast service. The design principle involves increasing scalability and security, and being decentralized, however, carefully to maintain a high level. The user experience in the ecosystem is generated by a high level (QoE) to create cross-processes together, which is important for ION CHAIN. The reason is that it is able to support different platforms and offer users an easy to use calculator.
Token Sale and ICO
IonChain will use the IONC token, which is designed as a secure, digital and encrypted currency and primary token for the network. The IONC will initially be published as an ERC-20 standard compliant digital token in Ethereum and then moved to the IonChain block chain. IONC tokens are exchange units between IonChain participants, providing a secure payment method.
Token Name: ionchain token
Platform: Ethereum -> ionchain
Total Number of Tokens: 1 billion
Hardcap: 1600 ETH
Accepted Payment Methods : ETH
Price: 1 ETH = 125 000 IONC
Minimum Investment 0.1 ETH
Maximum Investment: 1.6 ETH
Whitelist / KYC: Required
Restricted areas: USA, China, Singapore
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website : https://ionchain.io/
Whitepaper : http://ionchain.io/whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=3641957
Facebook : https://www.facebook.com/chainion/
Twitter : https://twitter.com/ion_chain
Telegram : https://t.me/joinchat/Iw9TNUWZmVt_8CAuW_dc9Q
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.