‘A High-Capacity IonChain Transactional System’
Today bitcoin and ethereum decentralized blockchains are increasing. So both distributed ledger technologies are coming now.the volume of electronic transactions growing at a global scale. However after keep up demand, we need both blockchain networks. These are the high volume of transcations maintain by major bolckchain. That is the fact. However ionchain team saw that and they gave a best solution for that.
IONchain is an innovative blockchain. The platform is designed in such a way that scalability is enhanced and decentralization and security are not lost. Cross transactions are created that guarantee the users of the platform the quality of the perception of the ecosystem, based on encouragement. This is the key with which you can support different platforms from your account. Design Ion Chain allows you to maintain scalability without losing security and a high level of decentralization
Inochain network has been designed important core feature from the outset with scalability in mind. Horizontal Scalability – The network runs each node as a super full node which allows the same level of security against malicious attacks as traditional blockchains. The network is easy to use, safe and allows for public members with ability to link weak miners.
Inochain aims to fill the gap in market and industry, with scalability of distributed systems. However, if the companies will be used this they can be realized both transaction. This is a very valuable thing for all the companies. Inochain itself will grow with such firms. The database of databases – shard, inochain will became an important part of large – scale and distributed systems. These are very latest technologies. These systems can increase platform capabilities and allow it to integrate into normal transactions.
Goals of IONchain
1.Double-layer blockchain (IONCHAIN) –
the ionchain consists of elastic sharding at layer one and a base blockchain to confirm the blocks from the 1St layer.
2.IONCHAIN cross–transactions -
cross- shard transactions are fully supported
3.Super – full node –
multiple honest nodes can run as a super – full node
4.Double spending protection –
at least 50% of hash power is allocated to the base blockchain (root) to prevent double spending attack
Ionchain has utility token, named IONC. It will be built on the etherium blockchain. However, they will be maved to the own blockchain after october 2019. Ionchain token will be used for gaming, financial and technical industries. Ionchain token is a unit of exchange between inochain members for giving a trust and secure payment method. The inochain network enables all business owners to increase their authentication efficiencies and high volume transactions.
IonChain ICO
Token: IONC
PreICO Price: 1 IONC = 0.0000066 ETH
Price: 1 IONC = 0.000008 ETH
MVP/Prototype: Available
Platform: Ethereum
Accept: ETH
Minimum investment: 0.1 ETH
Hard cap: 1,600 ETH
Country: Finland
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, China,
Singapore
IonChain Roadmap
March 2018
Start of the Ion Chain development
May 2018
Token distribution
June 2018
Development
August 2018
Team expansion
October 2018 Testnet 0.1
December 2018
Smart Contract 0.1
January 2019
Testnet 1.0 and Smart Contract
1.0n
May 2019
Further Team Expansion
June 2019
Company formation/legal
Octorber 2019
Ion Chain Mainnet 1.0
thank you for reading
Website: https://bitcointalk.org/index.php?topic=3641957
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
Reddits: https://www.reddit.com/user/ionchain/
Telegram: https://t.me/joinchat/Iw9TNUWZmVt_8CAuW_dc9Q
Author: keerthi
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1718231
