Introduction
Miners get in here this is for you!
It is no longer news that the world of electronic and mobile banking no longer rely on real currency alone. Money is metamorphosing from a physical commodity to digital numbers that can be distributed via the web. Under this condition, it is normal for novel forms of currency to come into play. Though the new currency cannot be held physically, they only exist as cryptographically secured strings of digital code. Hence, got its name 'cryptocurrency.' The era of cryptocurrency (digital currency) commenced in 2008. During that time, Satoshi Nakamoto released the Bitcoin whitepaper. Though was still anonymous then.
Recently, we have witnessed the emergence of new cryptocurrency now and then. Besides, all share the same concept which is the 'blockchain technology.'
The Infinity project introduced a new cryptocurrency known as HYCON. HYCON was designed to offer a solution to some of the shortcomings of the previous blockchain technologies.
Hycon aims to solve the problem of 'throughput' associated with existing blockchain such as Bitcoin and Ethereum.
Bitcoin requires 10 minutes or more to confirm a transaction initiated, with a maximum throughput of 7 operations per second. Ethereum is a bit advanced than that, processes 10 and above transaction per second. It confirms transaction ten times faster than the Bitcoin network. Comparing the throughput capacity of the two existing blockchains with VISA network, it can be deduced that they are still lagging behind. This is because VISA network can verify transactions within seconds, processing an average of 2000 operations per second (maximum capacity of 65,000 transactions per second). HYCON already devised a plan to address those limitations, so you have nothing to worry about.
Why invest in HYCON?
HYCON was able to identify the market needs to give miners what they want. It deviated from the traditional viewpoints of monolithic monetary development associated with lots of existing encryption projects. It also introduced the concept of a flexible implementation platform that can support different financial models.
Here is the juicy part
HYCON is the best cryptocurrency EVER made! Speaking of its enhanced features:
YES! It is scalable
YES! It is cheap
YES! It is fast
And YES! It is safe.
Most importantly it's ready for use and can come in handy in various real-world scenarios.
HYCON was built on an interchangeable, modular structure which will enhance easy adoption and modification of its technology to suit individual needs.
Also, HYCON will initiate a platform with lesser barriers to entry by providing a straightforward and an advanced platform that is user-friendly. Apart from an intuitive wallet and exchange platform interface, more people will have the chance to harness the paradigms shifting the power of Blockchain technology.
Furthermore, HYCON is a secure cryptocurrency that is fast and a cheap means of exchange. It developed decentralized corporate ledgers to facilitate the safety of information and more efficient data storage/ transmission. It also adds cryptographic security to stock exchanges.
In conclusion, HYCON is vast and can adapt to offer its users the flexibility to design the Blockchain remedy they desire.
More Resources;
WEBSITE: https://hycon.io/
WHITEPAPER: https://hycon.io/doc/whitepaper_en.pdf
TELEGRAM: https://t.me/teamhycon