PARLAY ICO

Review ICO PARLAY

In the beginning Satoshi Nakamoto imagined the world where paper money had no value. In the idealistic world each transaction will pass through digital currency. From the concept of Bitcoin there were several other cryptocurrencies.

However with each new system using a block chain there are new problems. As all cryptocurrencies use the same standard structure of game theory mayningovy works and remunerations together with the decentralized structure as blocks and new currencies of a tree of Merkle which try to solve problems to rise above competitors. 

What is Parlay?

Parlay — one of those companies which left with the new solution of problems of a block chain. Knowing that the network of blockchains tests delays when the number of transactions increases for a short period the Parlay team has applied function of autoscaling to system to minimization of delays. This only decision is that does Parlay so attractive to the future of blockchain technology.

How has Parlay decentralized a game with predictions of a block chain?

Parlay uses a consensus algorithm of the proof of success which increases and provides scalability. Parlay Chain introduces a unique control system of knots. As masternodes for cryptocurrency were always a problem both for nonprogrammers and for investors of Parlay has constructed a convenient configuration of a bridge building. In other words Parlay uses the best digital purses and currencies and makes them more available and user-friendlier than ever before.

Features of Parlay

Some of the main features of Parlay — fast transactions in PrimeNode network. When you use Parlay you can quietly have a rest knowing that your information and data are completely confidential. All transactions are ciphered in local network. One more remarkable feature of Parlay is the safe scalability of network. Plus each owner of Parlay receives incentives in system.

Parlay also worked on expansion of network that allows to carry out transactions quicker. The Parlay team has undertaken the idea of automatic scaling and adapted it for work, similar server and client network. Instead of use of servers for calculation of transactions of Parlay uses POS knots for processing of transactions.

Use of Proof of Stake allows to switch on and off systems more simply than use of the Proof of Work hubs which use many other digital currencies. Parnay’s PrimeNodes are controlled through a memory pool. When the system becomes too overloaded because of the system of monitoring, preliminary PrimeNodes will be flexible. When the level of activity of system low PrimeNodes are slowly disconnected to maximize remunerations in Parlay Chain.

Advantages of Parlay

Parlay is the decentralized game platform for forecasting operated by public community. Thanks to the Parlay.Live platform any user who supports network can publish Parlay event for receiving incentives from system.

Such actions include races, games (soccer, basketball, hockey) of the Competition (boxing) Incentives can be type of a prize or amount of remuneration and the payment of Parlay is the cost of tickets for events.

That the action has been presented on Parlay the committee considers the planned game. Each participant of Parlay has the right for one voice for the specified events. As soon as the committee approves this event of Parlay Chain automatically activates an event / game.

Parlay would seem works as off-road creation where admirers have an opportunity to choose the sports event to stake only instead of using cash they use digital currency. Just as rates on an advantageous loshad users of Parlay can stake or "predict" winners of a game or event.

According to the technical documentation of Parlay Parlay.Live WorldCup of 2018 in Russia will begin in time and will encourage people to their choice.

Parlay PAR Token Final Thoughts

The world of digital currency always changes. Investors always look for the following big ticket. Parlay offers more than it seems at first sight. Parlay is more than just other digital currency trying to make the name. She has a niche which is offered by no other cryptocurrency.

The idea of use of digital currency in game structure is unique. Plus with the dividend Parlay PoS of equal 60% and 40% for players in tournaments seems to the appointed PrimeNodes that everyone wins Parlay.

PrimeNodes

Prime service is a user-friendly decision which automates control of scale.

Doesn't demand a difficult engineering task. It is rather effective to bring together users who didn't decide to start masternode.

Parlay.Live is a game platform for forecasting operated by the public. You control each game on this platform. Parlay.Live allows you to earn couple of BTC/PAR or using an own game, or having won a game with the forecast in which you participate.

Result

Quite interesting decision for many users who are interested in the world of gamblings. Here everyone will be able to earn not the small sum of money I introduce own developments or putting money on already existing. Decision quite interesting and innovative in own way. It is worth learning surely about this decision and the platform in more detail and it is possible even to invest some money in the future.

Parlay is a project on creation of the scalable solution of blockchain which has PrimeNodes to minimize a delay of network and to improve usability. Moreover Parlay is the cryptocurrency operated by events which is the decentralized game platform of forecasting operated by public community.

Links:   

Website:  https://www.parlaychain.io/ 

White paper: https://github.com/parlaychain/parlay/files/1984478/Whitepaper.pdf 

Bitcointalk: https://bitcointalk.org/index.php?topic=3652595.msg36697797#msg36697797 

Twitter:  https://twitter.com/ParlayChain 

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Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1058023