Crypto-currencies have become a real discovery and revolution in the sphere of finance and credit. Completely anonymous, not tied to the market prices of individual fiat currencies, completely independent of inflation and state re-issue, the crypto-currencies became the banner of a new era that we are now entering, or rather we are plumbing, without realizing it - the era of the digital economy. When any material substitutes for cash for exchange simply disappear as unnecessary, because you no longer need to trade with people directly, and all operations can be carried out through the network of detachments. At the same time, no one can fully control such a financial system, dictate their conditions on the market or force its participants to transparency of transactions. Of course, such an approach will bring a number of difficulties, such as illegal operations, which are already committed with the help of this technology. But this issue should be resolved by other means, not bans and punitive agencies, as is customary in some countries today.
But so far the bright future is still quite far from the imperfection of technology. The bitoine that appeared at the beginning of this decade really did a real technical revolution - no one argues with this, and all the crypto-currencies that followed him also brought something new into the lock-up. The ethereum, for example, in general created an entire ecosystem on which many platforms are made. But all the same tokens of the first and second generation are imperfect. The speed of operations is still lagging behind the capabilities of modern payment systems, and security leaves much to be desired - as recent hacker attacks on the stock market confirm.
The crypto-currency world needs a leap forward, so that this technology finally takes its rightful place in the economic system. Such an ambitious goal (to bring the blockchain to a fundamentally different level), and puts himself a Hycon project.
Project idea overview
The biggest problem of modern tokens for blockchain, which is now actively discussed in the crypto-currency community, is a large fee for transactions within various blockchain systems. Small transactions through popular coins like bitcoin or other similar to it at a price become simply impossible, as the user will give as a commission for the transfer more than he sends to another user. As a result, the use of bitcoin is beneficial only for people with very large capitals in the crypto currency, which does not always meet the interests of most of the market.
The other side of the coin is the algorithms for protecting different currencies, which hackers eventually learned to bypass. Although if you think about it, just for the maximum reliability, a block was created from the very beginning, the chain of which was supposed to reliably cover the data from any forgery. Unfortunately, cybercriminals are so penetrated in all the details of the block that recently found a way to hack not only individual accounts and wallets, but entire individual tokens. All this worries novice crypto-currency investors.
The Hycon team understands all the niceties of the market, and that's why they developed a special algorithm for Infinity Exchange, which will provide additional protection for the new chain of blockchain. In general, the authors put on three main characteristics of their platform, which exceed the competition - data reliability, network scalability and high transaction speed with low commissions.
Step by step
July 1
To improve performance in improving security, the Eccentric Emu Code was released . Also, the first Bounty campaign was held, in which users fought for 1000 HYCON.
** 6 July **
The extension for Google Chrome of the easy wallet HYCON is released. The simplicity of its installation was striking with its ease and minimal time spent. Full synchronization with the network simplified user transactions and provided protection against possible phishing.
July 21-22
At the Grand Walkerhill Seoul event, HYCON sponsored. The theme of the summit was "A New Paradigm, a New Future." It discussed the possibility of a wider use of Blockchain in a wide variety of areas. There were the greatest figures of the world of the crypto industry, such as Roger Vare, Dr. Philip Sandner and Monique Morrow and many others.
July 24th
The OKEx exchange includes the HYCON coin. This exchange has daily trading volumes of 1 billion US dollars, which is a very good indicator for the future growth of the coin. On the 24th, trades were opened for Bitcoin and Ethereum, and 27 for USDT. Also, there are plans for further listing on BITZ. Who does not know, the company on July 3 launched airdrop - BITZ X HYCON, in which you can still participate.
July 27th
In Yang-Dong, an event was held in Seoul dedicated to the educational day of Glosfer (GLD). At the event, they talked about how to reduce the barrier to entry into the Blockchain industry. HYCON had an authoritative place at the event. Glosfer intends to hold such events once a month, to discuss exciting issues in the field of Blockchain.
Such events were filled with July. Further, there are also many new events and great steps ahead. Among them, integration into the regions is planned for August 7-8.
As we see the company does not stand still, like most projects. It constantly develops its borders and tries to open up to the community as widely as possible. And this is an undoubted plus for the prospects of development and new achievements. I will carefully follow the further steps of the project and share with them in my blog. Thank you for your attention, from HYCON we are waiting for new, interesting events and achievements.
Project information:
Website: https://hycon.io/
Whitepaper: https://hycon.io/doc/whitepaper1.2.2_en.pdf
Facebook: https://www.facebook.com/teamHycon/
Twitter: https: //twitter.com/teamhycon
Telegram: https://t.me/teamhycon
Medium: https://medium.com/@teamhycon
