PYCOIN- GLOBAL PAYMENT SYSTEM



http://www.pycoin.io/


Pycoin as coined from PYthon COIN is a privacy preserving zero-knowledge protocol-based decentralized platform for writing, testing and deploying mathematically verifiable secure smart contracts in Python language that behave exactly as intended.Unlike Ethereum smart contracts with a history of repeated hacks and stolen funds, hundreds and millions of dollars, Pycoin ensures that no run time errors or intentional/unintentional bugs can be used as exploits to steal funds and corrupt Pycoin smart contracts. Pycoin can be also used as a platform for launching a number of next generation decentralized applications such as scalable decentralized exchanges(DEXs), automated hedge funds and darkpools.

Purpose of Pycoin
Pycoin is the native token of Pycoin decentralized platform for Turing Incomplete smart contracts running on synchronized binary DAG and a realtime blockchain. User and developers will need minimum lot of 100,000 Pycoins to test and power their applications such as Unmanned DEXs, Crypto-darkpools, Decentralized DNS Clusters and decentralized realtime gaming and casinos. This will be the primary driver of demands for Pycoin.


http://www.pycoin.io/


Use Cases of Pycoin
Pycoin has got a number of real world uses. Primarily it can easily replace less-secure Ethereum smart contracts written in Turing Complete Solidity language. Being Turing Incomplete Pycoin is many times more secure than Ethereum Contracts. In terms productivity, since Pycoin is based on an interpolation of Python language known as PyLegal, Pycoin will be more appealing to more than 4 million Python developers worldwide. It would cut the learning curve short for creating secure smart contracts(SSCs) in PyLegal.

Privacy-preserving Currency and Confidential Global Payment System.
Pycoin will have quantum-safe privacy layer zkSTARK implemented in it making it virtually immune to censorship, cryptanalysis and chain analysis for ferreting out payer and payee information as well as payment data by most powerful supercomputers and even quantum computers/quantum circuits in the foreseaeble future.

Unmanned DEXs.
Unmanned Decentralized Cryptoasset Exchanges can be built using Pycoin platform. These unmanned DEXs will be infinitely scalable by design with built-in atomic swaps of both blockchain-based and blockchainfree cryptocurrencies/cryptoassets and can’t be controlled or blackmailed by any centralized authorities.

Large-scale Federated IoT Networks.
Pycoin empowers IoT Node owners and IoT device manufactures to implement and monetize securely share private/public IoT resources available on demand by building Federated IoT Networks without revealing any private and identifiable confidential data. Such Network members can be incentivized for sharing statistical aggregated data in Pycoin or Colored Pycoin/Appcoin. This will also make machine to machine micropayments instantaneously and seamless.

Realtime Gaming.
Realtime gaming engines, online casinos and gaming apps can be built on Pycoin platform that can scale to tens of millions of users without associated cost of sever and costly maintenance of centralized cloud infrastructure.

Automated Betting & Lottery Pools.
Pycoins will enable ordinary folks to build private/public betting and lottery pools for optimal high-probability of winning odds for crypto-betting and for buying lottery tickets to guarantee the highest RoIs.

Decentralized DNS Clusters.
One can leverage Pycoin and its underlying binary chains of DAG and DexOS for assigning human-readable names to IoT nodes, machines, biometrically identifiable humans, secure smart contracts, platforms and so on.

Tokenized Financial Assets and Derivatives Contracts.
Pycoin can tokenize all global/local remittances, payments, trading and hedging. Pycoin can also be used to create automated and decentralized financial instruments - such as derivatives, bonds, commodities, debt instruments and securities denominated in both cryptocurrencies and fiat currencies.

ICO
Total coins planned to be launched: 62,000,000,001
Maximum Supply (Hardcap): 62.000.000.001 Reserved for developers and implementing teams : 9,000,000 Creator- Owned
Bounty: 2,000,000,000
Owned Controlled Emissions (calibrated minting) to reward fellow users random-to-peer-validator payments: 26,000,000, 001 Limited Supply, with the amount set by the token sale.

Roadmap


http://www.pycoin.io/


Be a part of this tremendous project

For More Information please visit:

Website: http://www.pycoin.io/
Whitepaper: http://www.pycoin.io/static/whitepaper.pdf
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=2843903
Twitter: https://twitter.com/PycoinOfficial
Telegram: https://t.me/joinchat/FxdrGhIDns5xms3LVtHbWA
Discord: https://discordapp.com/invite/jBwyvrV
Github: https://github.com/CLRPL/Pycoin
Medium: https://medium.com/@PycoinOfficial

bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1925613

author : Persijadays

Eth : 0xFe7e4a646ed5d69c1355A24bF8d3f5DAb567Da9d


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