Hey friends, one of the greatest projects of 2018 is finally here. Yeah, the emergence of HYCON project kept pulling smiles from my within. In fact, I refer to the project as a prayer answered. You're still wondering why right??? Now let me unveil to you the alarming problems HYCON has come to solve. If most of us right here can still remember the last time I popped up with an article on the inefficiencies of the blockchain technology. In that update, I noted specifically the underlying problems ravaging the blockchain as the modern technology of the 21st century.
The only reason that propelled me to write that article was due to the ugly experience I had with a bitcoin transaction I carried out. This said transaction took almost 3 working days to receive a complete confirmation due to the transaction clog on the bitcoin network. Again, an incident that led to the loss of all the assets in my friend's wallet because his private key was accessed by hackers. The most unfortunate of all these was due to the fact that they happened within a week interval. Lol, it was very painful then... But all thanks to HYCON as they've perceived the negative effect these problems can impact on the crypto ecosystem at large, and as such has popped up with a solution.
In line with this, haven't you heard of the recent attacks launched on some exchanges especially the Almighty Binance?? In case you haven't heard, Binanace and other exchanges have lost millions of dollars since this year, owing to the activities of hackers. Very sad right?? Now imagine if you happen to be the owner of one of these exchanges, imagine the loss accrued?
Furthermore, have you ever imagined the number of resources wasted annually during mining and transaction confirmations?? For instance, reports have it that 249 kWh of electricity is required to validate a single transaction, with upwards of 32 TWh used by miners annually to continually add new blocks to the Bitcoin blockchain. (https://digiconomist.net/bitcoin-energy-consumption) Isn't the loss enormous?? Can't this quantity of electrical power a country for at least six months?
THE SOLUTION
HYCON, symbolizes Hyperconnected Coin, is a digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team. Again, With the help of DAG (Directed Acyclic Graph) structure, Hycon has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm. Isn't this amazing?
Now let me ask; have you been affected by any of those pitfalls of the blockchain technology stated above? If Yes, then rejoice with me for HYCON has come to bail the cat. Hycon has come to identify the actual market needs for a cryptocurrency, develop a cryptocurrency that is flexible, create user-centric blockchain platform, develop an ecosystem that promotes sustainable innovation, and investigate the methods for a decentralized cryptocurrency exchange. Very attractive right? See more wonderful features of Hycon below.
FEATURES OF HYCON
Quick transaction confirmation.
On-Chain Scalability
Latency Tolerance
Data Security
Transparency
Infinity Decentralized Exchange.
HYCON TOKEN
HYCON token is the symbolized by HYC, it was produced under the ethereum blockchain (ERC20 compactible) . The HYC tokens will be used as a medium of exchange in the Hycon ecosystem. It will also be tradable in different exchanges for profit.
The token sale have been concluded successfully.
TEAM MEMBERS
Below are the ingredients behind the delicious food Lol. They are experts in different areas of technology. They made the project a success with their striking techniques.
PARTNERS
These are the reputable partners that also contributed immensely to the success of the project.
CONCLUSION
Hycon is the long-awaited agent of transformation in the crypto space. They are not just a project like other ICOs, but a Prayer answered for people that have been affected in one way or the other by the inefficient services of blockchain technology. To this effect, I'd like all of us to support the project with our maximum contribution.
IMPORTANT LINKS FOR MORE ENQUIRIES
Website: https://hycon.io
Whitepaper: https://hycon.io/#whitepaper
Medium: https://medium.com/@teamhycon
Twitter: https://twitter.com/teamhycon
Telegram: https://t.me/teamhycon
Bitcointalk Profile link; https://bitcointalk.org/index.php?action=profile;u=2048580
My Bitcointalk Username; desydollarss