The world was graced with a new wealth of tremendous experience, efficiency, security and avenues for legitimate income, but overtime blockchain seems to be gaining grounds and also at the same withering down in its capabilities and reducing its much acclaimed efficiency. The advent of hycon is a digital asset developed on the pedestrian of a faster and a very more scalable blockchain invented by infinity project team. Its uses the directed acyclic graph underlying structure, that can facilitate simultaneous publications of several blocks and also resolve transactions discrepancies using its spectre consensus algorithm. Hycon is the short name for hyper-connected coin and it’s a fast scalable blockchain initiated by a Chinese team from Seoul, it is an infinity project. The major aim for the invention of Hycon is to create a newer, future generation based cryptocurrency (digital currency) that can appeal to the strata’s of different world economies.
Hycon project is a unique blend of enhanced previously existing blockchain capabilities. Hycon is offering:
• Scalability
Hycon coin is highly scalable, with an average 2megabite per second connection, with a transactional output of about 3000TPS for effective and substantial service delivery.
• Hycon is faster compared to the previously existing blockchain ranks, with hycon newer and better technologies will be integrated into the ecosystem, with this new trend quicker times confirming transactions will be made possible, hycon reduces time of transaction confirmations or rejections within seconds due to the increased amount blocks that is published same time.
• Hycon eliminates all previously beguiling challenges of throughput and latency by creating complete frictionlessness system using its DAG (directed acyclic graph) structure that works with spectre protocols.
• The hycon ICO and token mechanism
The hycon token is dubbed as TYC, with an official price of 0.09 USD for hycon token. With hycon bonuses very favorable discounts can be allowed for early participant in ICO, the minimum investment for hycon is slated at $50 USD and all hycon tokens will be purchased with ethereum (ETH), litecoin (LTC) and bitcoin (BTC). With hard cap rate of about $60,000,000 USD the hycon platform used for the creation of coin.
Hycon infinity project has its place of origin from South Korea and is still very much on the process of allowing accessibility to people in china and the United States of America (USA) these accessibilities are majorly due to technical and regional restrictions.
TEAM INFORMATION
CONCLUSION
Hycon is blockchain conscious and pragmatic approach towards curbing all limitations beguiling its systems it is an infinity project that is poised towards creating an effective scalable, secure, fast, secure and a very user centric blockchain cryptocurrency based ecosystem that can be multitasked. It combines its peculiarities with spectre protocol and Blake 2b authentic hashing algorithm, hycon offers a cryptocurrency (digital currency) with a high efficiency rate. Hycon is indeed the new face of much awaited blockchain offering an array of tested and trusted nonlinear structure to allow operations and still eliminate double spending and transaction conflicts in whatever forms. Hycon is optimistic about making blockchain better than the present and also developing a decentralized cryptocurrency exchange in the future.
For more information visit:
Website: https://hycon.io
Whitepaper: https://hycon.io/doc/whitepaper1.2.2_en.pdf
Facebook: https://www.facebook.com/teamHycon
Telegram: https://t.me/ teamhycon
Twitter: https://twitter.com/teamhycon
Reddit: https://www.reddit.com/r/HYCON/