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LocalCoin The First Democratic DEX Trading Platform

versialJul 7, 2019, 8:25:30 PM
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Abstract

There have been a few instances where one or more other specific applications have succeeded in achieving an important user base but it has resulted in crippling the entire network during peak times. Basically means that even the most advanced and widely used platforms are not yet ready for mass adoption. Decentralized applications are making great progress but the current blockchain ecosystem is not prepared to expand on demand. Slow block validation, block size limits and calculations – in the blockchain based on smart contracts – should be addressed before Matic targets mass adoption by primary users

There are a few smart contracting platforms that boast higher bandwidth, but they trade off the speed of transactions with decentralization. In addition, many upcoming solutions propose their own blockchain ignoring DApps network effects and other projects that have been created on platforms such as Ethereum and other projects. Even more important is that they neglect the huge developer community and developer ecosystem that exists for platforms like Ethereum.

What is Localcoin

LOCALCOIN is a simple, safe and secure financial and transaction platform supported by blockchain technology. a decentralized ecosystem to shape the future of decentralized electronic money markets. To optimize the financial cycle and open access to an organized decentralized platform, LocalCoin presents a contracting mechanism between enthusiasts, investors and entrepreneurs.

LocalCoin intends to offer a full governance period to send a decentralized bank, decentralized exchanges, informal organizations and advertising forecasts through its remarkable advertising. The main element of LocalCoin is that it conveys decentralization to another aspect; Our stage is not only decentralized in a specific aspect but also with certain procedures.


LocalCoin Main Services

With the sustainable development of decentralized blockchain technology, LocalCoin will provide significant support for many new projects, to manage as well as blockchain asset circulation and efforts to improve and promote ecological status. of electronic money market LocalCoin offers : 

Decentralized Bank: No one can block your wallet, a fully anonymous bank account, multi-signature account.

Decentralized Trading: You can trade without limits with others, 100 thousand transactions per second, block generation occurs every 2 seconds.

Decentralized Chat: Private chat and decentralized groups are fully encrypted

OTC Trading: In this case, free trade is carried out directly between the two parties

ICO Accelerator: There is an opportunity to start your own ICO. Users can issue their own tokens, and then install them for auction.

Untraceable Transaction: A fully anonymous account without tracking. The user's personal information is encrypted and no one can see the ongoing transaction.

Mining: Anyone can get an LLC platform token by running ActiveNode.

Social Network: A secure, encrypted, decentralized social network.


To do this, LocalCoin allows customers to place their own great contracts and exchange advanced resources according to their terms in an open, safe, fast and truly non-practice process. middle right on the blockchain. Our goal is not to argue with different professions, but to start from where their contributions end.

With the sustainable development of decentralized blockchain technology, LocalCoin will provide significant support for many new projects, to manage as well as blockchain asset circulation and efforts to improve and promote ecological status. of electronic money market.


Information about the token of LocalCoin

Name: LocalCoin

Token Symbol: LLC

Timestamping scheme: Delegated Proof of Stake and Proof-of-node

Transparency: Open source

Block time: 2 seconds

Initial 1 LLC ICO price: $ 0.5 US Dollar (USD)


Conlusion LocalCoin

Localcoin is a decentralized exchange that allows you to always control your assets. They provide a private key and allow you to withdraw money from a smart contract (you are a buyer or seller) if you suddenly decide not to make a transaction. Unlike exchange centralization, DEX allows users to control their electronic money assets at any time.


Localcoin Detail Information :

Website: https://localcoin.is/

White Paper: https://localcoin.is/downloads/LocalCoinBlockchain.pdf

Twitter: https://twitter.com/LocalCoinIS

Telegram: https://t.me/LocalCoinIS

ANN Thread: https://bitcointalk.org/index.php?topic=5125670

Medium: https://medium.com/@localcoinis

Golos: https://golos.io/@localcoin

Steemit: https://steemit.com/@localcoin

Reddit: https://reddit.com/user/LocalCoinIS

Bitcointalk : eidoscore

BTT Profile : https://bitcointalk.org/index.php?action=profile;u=966513

LocalCoin Wallet : eidoscore131

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