LYFCOIN: Crypto the clever way!
INTRODUCTION
Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing. A simple analogy for understanding blockchain technology is a Google Doc. When we create a document and share it with a group of people, the document is distributed instead of copied or transferred. This creates a decentralized distribution chain that gives everyone access to the document at the same time. No one is locked out awaiting changes from another party, while all modifications to the doc are being recorded in real-time, making changes completely transparent.
The first blockchain technology are started with bitcoin then follow up with different project up to date. Although there is a lot of project out there that has been used blockchain already like this top alts MONERO, ETHEREUM, XRP, DOGE, EOS, And ETC. But let us focus on the project that i want to do a review on it. This project has it's own uniqueness that are different to others.
INTRODUCING LYFCOIN
The platform who have a very first first comprehensive and independent international platform on Blockchain economics to create an ecosystem for staking, trading, shopping, information and much more. This platform are being design for the analysis of new validated smart contract and subsequent account management for merchants allowing individuals to make fast, secure and cost-effective transactions through a decentralised peer-to-peer network.
LYFCOIN ECOSYSTEM
A platform that will have power combinations of platform and services. Lyfcoin ecosystem is based on a set tools flows of content and information intended for use in operations with crypto assets and selection of smart contract project for all crypto enthusiasts term as validated project coins
LYFCOIN TOKENOMICS
Lyfcoin have a total supply of 24 billion and it will be divided in to this parts PROOF OF BURN, PROOF OF CONCEPT, PROOF OF WITHDRAWAL, PROOF OF DISTRIBUTION and etc.
ROADMAPS
Concrete planning for the lyfcoin platform
CONCLUSION
In this article i compared the proof work and proof of stake across several dimensions there both advantage and disadvantage for each one, and the future will not be consensus algorithm to rule them all.
If you want more depth learning about the project you can connect with their different social media platform
https://www.facebook.com/LYFCOINOFFICIAL/
https://www.instagram.com/lyfcoin/
https://twitter.com/LYFCOINOFFICIAL
Author details:
Bitcointalk username: Bodykeepers
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2737331
Eth address: 0x536050316Db07aeC3Af6ef4C68B7460ab98770E2