Currently, the cryptocurrency market is flooded with coins from parties of varying intent, motivation,
and affiliation. From this flood, a few stand tall with ambitions to positively change the cryptocurrency
world forever.
This document serves as a comprehensive resource on The ISIBELI cryptocurrency, a currency with
the defining purpose to provide users with a fast, secure, private, and stable means of transacting over
the internet. ISIBELI integrates features inspired by Bitcoin's pioneering distributed ledger consensus
technology with from Darkcoin (DASH).
ISIBELI also incorporates its own features, such as X11 as proof of work, with a low coin supply,
lightning fast transactions and micro transaction fees!
What is ISIBELI?
ISIBELI is a new cryptocurrency with lightning fast transactions and the lowest fees in the industry!!!
ISIBELI is forked from Dash and offers speed, privacy and security as its primary objectives.
ISIBELI is an open source, decentralized organization with no central ruling company. No
headquarters, CEOs, or CFOs. It is maintained by the community.
Isibeli (BEL) is a peer-to-peer and business-to-business cryptocurrency designed with a long-term
vision in mind. We are determined to create a resilient digital currency that will play a pivotal role in
the digital finance macrocosm of the future due to being built upon solid programming design and
advanced financial technology with genuine usability and merchant integration.
Isibeli is based on Darkcoin and Bitcoin and uses X11 as proof-of-work algorithm.
The ISIBELI Vision
PURPOSE: To provide a stable, reliable, fast cryptocurrency with next to no fees. To create a
cryptocurrency with a growing network to ensure a positive future.
VISION: Liberated and empowered cryptocurrency investors/traders will expand the crypto market and instill a sense of peace and security throughout the industry. Enjoying a 100% safe and secure, cryptocurrency with lightning fast transactions and fees less than $0.0001.
PHILOSPHY: The underlying philosophy of ISIBELI is that all cryptocurrency users and traders
deserve the right to pay. trade and invest in a coin that is 100% secure, reliable with fast transactions with the lowest fees in the industry
X11 as Proof of Work
The X11 algorithm is a proof-of-work hashing function that was developed by Evan Duffield and
implemented into the Darkcoin protocol in 2014, later renamed to DASH. X11 was developed and
selected by Duffield as the algorithm of choice because of the inherent resistance that it had at the
time to Application-Specific Integrated Circuits, or better known as, ASICs.
The notion by the Darkcoin development team was such that, a more complex proof-of-work algorithm
would substantially increase the length of time for an ASIC capable of efficiently mining the X11
algorithm to be developed. In the meantime, hobbyists who could only mine with CPUs and GPUs
would remain competitive when it came to producing blocks and securing a block reward.
Features of BEL
PRIVATE: ISIBELI is dedicated to privacy. A bank account, PayPal account, or credit card is tied to a
real identity, making it difficult for people to open them. ISIBELI allows you to use any persona or
online identity you wish.
FAST: In the Bitcoin network, transactions require 10 minutes for confirmation! For a business, this is
unacceptable. ISIBELI transactions, on the other hand, are confirmed within 60 seconds and are most
often instant.
LOW FEES: Currently, the fee to send a $25 Bitcoin transaction, e.g. to pay for a decent meal, is
$0.42. The same transaction, paid with ISIBELI, would cost less than $0.001. i.e. It’d almost be free!
OWNERSHIP REWARDS: We have 2 different types of rewards given out to the owners of ISIBELI.
BEL Nodes and mining. Due to our large network size, our reward return rate huge and is very
consistent and highly reliable.
SECURE NETWORK: ISIBILI focuses on security. A lot of time and effort has gone into the security of
the ISIBELI blockchain to make sure it is 100% safe and secure. The introduction of BEL Nodes has
further secured our network.
DECENTRALIZED TEAM: We are a globally distributed decentralized organization with no central
ruling company. No headquarters, CEOs, or CFOs. It is maintained by the community.
ENERGY EFFICIENT: ISIBELI is eco-friendly as it does not require any traditional computationally
demanding miners to run its network. We estimate that the energy needed to run our entire network
can be provided by a single wind turbine!
COMMUNITY BASED: The heart of ISIBELI is our community. We spend a great amount of time
supporting, equipping, and inspiring all, helping each community member to bring their best to the
table. Anyone can help out the ISIBELI project!
Problem
FEES: Bitcoin and Ethereum, the 2 most popular cryptocurrencies at the time of this white paper have
fees as high as $0.50 for a $1 transaction.
With Ethereum the speed of the transaction depends on the amount of fees you wish to pay. You can
have the choice of waiting for a long time or spending up to 50% GAS fees. This is not a choice we
should have to make.
SPEED: Waiting for a Bitcoin transaction to confirm can be any where from 2 minutes to 24 hours.
LITTLE DEMAND / TOO MUCH SUPPLY: A lot of altcoins turn out a supply of billions of coins with
little use, their is little demand and the coin dies.
SECURITY: Ethereum had a huge issue in 2018 with attackers flooding the network with micro
transactions, resulting in a congested network and ultimately a lot of funds wasted in GAS fees.
BEL COIN DETAILS
Road Map
AUGUST 2018
White Paper complete and development begins. The ISIBELI revolution has begun. Full marketing
plan and long-term road map created.
JANUARY 2019
Development complete. Testing carried out. Block Explorer released. White Paper officially released.
Marketing plan put into action. BEL Nodes in development.
FEBRUARY 2019
Official launch of ISIBELI. Exchange listings. BEL Nodes officially released. The growth and expansion
plan for the ISIBELI Network is in action.
MARCH 2019
Apple wallet released. Re-design of Windows Wallet. Online wallet released. IOS and Android Wallet
Apps released. BEL Nodes heavy marketing campaign. More exchanges announced. First round of
ISIBELI applications released.
MAY 2019
New ISIBELI website release. Second round of ISIBELI applications released. More top tier exchanges
announced. Second phase roadmap released for Q3 2019 onwards! Reach Q2 Goal of 3500 ISIBELI
NODES!
Conclusion
Blockchain technology and cryptocurrency payments are growing at an incredible rate, and we
believe this will be the way we pay for goods and services in the future.
The need for users to hold and trade digital assets is growing by the day.
Participate in our long-term growth and success story to exponentially change the world of crypto payments and trading.
For more information visit the link below :
Website: https://isibeli.com
Ann Thread: https://bitcointalk.org/index.php?topic=5104091
Market Isibeli (BEL): https://www.probitex.com/trade/index/market/bel_btc
Author : Bitcoin demon
https://bitcointalk.org/index.php?action=profile;u=2078332
Wallet isiBeli : iKU5yMhipYq9x86CL4vY8hXKsGPx61nTrJ
UNIQUENESS 100% : https://text.ru/antiplagiat/5c56e3b54fc6a
