SEYBLOCK Decentralized Escrow System , Annoymous ,Traceable Transactions and News Platform

jessibrown (25)in #ico • 6 years ago (edited)

INTRODUCTION
Scalability issues has been around since the launch of Bitcoin in 2009. It exists because of the
Limits of the maximum amount of transactions the Bitcoin network can process.It is a consequence of the fact that blocks in the blockchain are limited to one megabyte in
Size. So, the current blockchain size is 1 MB, the blockchain scalability problem takes place to Be. Bitcoin blocks carry the transactions on the Bitcoin network since the last block has been
Created. In contrast to Visa's peak of 47,000 transactions per second, the Bitcoin network's Theoretical maximum capacity sits at under 7 transactions per second.

OUR VISION
Our vision is to provide the best Escrow service to prevent scams and provide people with better service. We choose Stellar for launching Seyblock since
Ethereum has also a lot of troubles regarding Scalability.

STELLAR :-Stellar was forked off of the Ripple protocol in 2014, although the team says it’s made many proprietary changes to the platform since then. The crew at Stellar says the network can easily handle 1,000 transactions per second today. Transaction settlement time is estimated at 2-5 seconds.

CONCLUSION:

Blockchain technology can play a significant role in disrupting the fin-tech industry, the way we make transactions and Ethereum in particular provides a host of opportunities with its applications. However, the slow transaction speed which is largely due to the processes involved in functioning of Ethereum blockchain while ensuring the decentralized nature of the platform is a major issue that has to be identified to the core with crypto currencies gaining popularity amongst individual and group investors the traffic and congestion on Ethereum blockchain will further increase. Also, with smart contracts startups and businesses are creating their own tokens to raise funds through their ICOs. This calls for faster transaction verification and processing to make the blockchain and businesses relying on the technology scalable and sustainable. While some research and innovative solution to this crisis is convincing it is yet to be thoroughly tested. Further research is required to explore the possibilities and performance of the proposed solutions.

THE SEYBLOCK SOLUTION
mplementing Stellar Lumens technology we make it easy to move digital assets around the world, quickly, reliably and also empowering the true vision of Satoshi’s some our own platforms views to make crypto/digital currencies even more stronger.
We propose a peer-to-peer network using SCP to record a public history of transactions with a limited supply of 30 million coins in existence ever.
Our aim is to provide a global solution of the Bitcoin scalability issues. As eBTC was trying before but launching their token over Ethereum they will find also several scalability troubles. We offer the community who once believes the Satoshi's vision the following advantages:

SUPPLY OF SEYBLOCK
Seyblock , SBL , 30 Million Tokens

Team: 6% tokens.

Development: 17% Tokens
Airdrops and bounty: 33% Tokens Token Sale on Exchange: 44% Tokens

FEATURES IN SEYBLOCK

Fast Transactions
Cheap fees
Worldwide transactions
Powered by Stellar Lumens
Secure payments
Solving Scalability I

STELLAR ADDRESSES
Stellar addresses are divided into two parts separated by , the username and the domain. For example: bredstellar.org:
• bred is the username, • stellar.org is the domain.
The domain can be any valid RFC 1035 domain name. The username is limited to printable UTF-8 with whitespace and the following characters excluded: <,> Although of course the domain administrator can place additional restrictions on usernames of its domain.
Note that the @ symbol is allowed in the username. This allows for using email addresses in the username of an address. For example: [email protected]stellar.org.

STATISTICS OF SEYBLOCK TOKEN
Statistics where our team reviewed with experts and take a look on market. So our Expert projected the price and profit to our investors. We are base on short time period analysis like 5 months market.
These are projected prices that our coin will reach in the marketcap within 5 months. 1 Month price: 0.8 USD
2 Month price: 2.37 USD
3 Month Price: 2.70 USD
4 Month Price: 3.50 USD 5 Month Price: 4.21 USD

-ROADMAP