SMILO: A REVOLUTIONARY “HYBRID” BLOCKCHAINS PLATFORM

Background

The world has witnessed an awesome interest in Blockchain across varied industries across nations, from tens of hundred new startups, to dedicated blockchain labs revelation in each industrial and federal establishments, or to multiple consortia established for determination major challenges of their business.

Blockchain technology retains an excellent level of detail in its records for all monetary and non-financial transactions created. Blockchain technology minimizes the possibilities of info or manipulated information being distributed across the network. one among the simplest elements up for discussion regarding public blockchain is that it’s typically not ruled by one specific entity. every participant or entity gets the chance to share or generate copies. whereas some see it as strength, it's additionally viewed as a giant disadvantage as few may claim it’s not secure enough.

Fortunately, Blockchain technology may be used in 3 totally different ways—public, personal and hybrid. whereas a lot of has been same and mentioned regarding public and personal blockchain, hybrid blockchain technology still remains untouched and is relatively a ‘fresh’ term.

Smilo hybrid Blockchain

Smilo may be a revolutionary “hybrid” blockchains platform that may be ready to host hybrid transactions, good contracts and decentralised applications. Low power consumption can make sure the property of the smilo grass blockchain, creating it eco-friendly. this is often achieved with a hybrid agreement mechanism that's supported the Proof of Stake (PoS) and also the Byzantine Fault Tolerance and (BFT+).

Meanwhile, a novel smilo grass Network Protocol (SNP) can guarantee measurability, enabling to form a network that's one hundred times quicker than Ethereum. smilo grass can feature low fees, total decentralization and complete Ethereum blockchain and good contracts compatibility. smilo grass blockchain eliminates the mistakes of its predecessors, similarly as conveyance blockchain technology nearer to mass adoption.

Smilo blockchain platform will power each personal and public blockchain networks and decentralised Applications. The smilo grass team states that their goal is to develop a full-featured blockchain platform that may host hybrid transactions, good contracts, and decentralised applications. The developers claim their answer is adopted within the following fields: medical sector, product following, insurance trade, logistics, etc.

Smilo blessings

Smilo uses a singular and successful The Byzantine Fault Tolerance and (BFT+), BFT is that the same as Proof of Stake (PoS) quicker and a lot of economical, however each weren't excellent. the quality BFT and PoS mechanism isn't the safest accord mechanism. For this, Oryzopsis miliacea has improved the quality BFT mechanism by making a singular Oryzopsis miliacea BFT + accord mechanism. The mechanism is totally safe, measurable, fast, and property transactions. so with this Oryzopsis miliacea has several blessings including:

Transparent: Users will monitor transactions a lot of transparently, By exploitation this technology
Anti Corruption: With transparency, it will minimize or maybe eliminate acts of corruption in every dealing
Sustainable: inexperienced blockchain platform via Oryzopsis miliacea BFT + protocol.
Privacy protection: Through sensible contracts and hybrid transactions
Secure: Smilo's BFT + offers higher security than the previous mechanism.
Fast and Scalable: This platform are going to be a hundred times quicker than ethereum or different platforms
Affordable: Oryzopsis miliacea provides transactions with a far cheaper fee

The Oryzopsis miliacea Tokens

The system can use 2 tokens: Oryzopsis miliacea token (XSM) and SmiloPay token (XSP). The Oryzopsis miliacea tokens are associate integral a part of the Oryzopsis miliacea network. They represent users’ personal shares and power to influence the network. SmiloPay tokens are going to be wont to pay all service fees. Used as a service charge to register or modification assets. This service charge can then be distributed proportionately to any or all Oryzopsis miliacea house owners, which implies that SmiloPay are going to be circulated through the system.

ICO data

Token Name: Oryzopsis miliacea Token
Token Symbol: XSM
Total supply: two hundred,000,000 XSM
Tokens for Sale: eighty four,960,000
Price in ICO: one Oryzopsis miliacea = zero.25 USD
SoftCap: USD a pair of,500,000
HardCap: USD eighteen,000,000

Token Distribution

36% - Oryzopsis miliacea Foundation
14% - Team
8% - Community bounty's
32% - personal sale
10% - Public sale

Useful links:

Website: https://smilo.io/
Whitepaper: https://smilo.io/files/Smilo_White_Paper_Latest.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5039760.0
Twitter: https://twitter.com/SmiloPlatform
Facebook: https://www.facebook.com/SmiloPlatform/
Youtube: https://www.youtube.com/channel/UCZyW2kPmlB4dwdO0yI3qQuA
Telegram: https://t.me/SmiloPlatform

Author:

Bitcointalk Username:cryptohot839373
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2404248