Pycoin is a privacy that maintains a zero-based decentralization platform for writing, testing and implementing mathematically verifiable smart contracts in Python that behave the way they want. Unlike Ethereal's smart contracts with recurring hacking histories and stolen funds, hundreds of millions of dollars, Pycoin ensures that no time errors or intentional / accidental bugs can be used as an exploit to steal corrupt funds and Pycoin's smart contracts. Pycoin can also be used as a platform to launch a number of next-generation decentralization applications such as scalable desentralized exchange (DEXs), automatic hedge funds and darkpools
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.
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.
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.
- Other strong features of Pycoin are:
- Pycoin underlying DAG-based synchronized blockchainfree and randomly inspired Algorand based Byzantine Byzantine based on decentralized network protocol capable of parallel processing transactions at a minimum throughput of 7000 TPS and 2,000,000 TPS respectively.
- It has integrated quantum-secure functional encryption and zero-knowledge zkSTARK layer for transaction privacy and distributed calculations and maintains the confidentiality of large datasets without blocking borderless and free-of-a-borderless collaboration.
- Strategic Dynamic Adaptive Based Strategic Protocol (CADS) for the Long Term Evolution of its Mainnet
- Alternative Space Backbone (codenamed ASB Freedom) consisting of several flocks of 18 mini and nano satellites with distributed payloads from space-based routers and transceivers to build alternative infrastructure off the planet in low Earth orbit (LEO) and high earth orbit . (HEO-beyond the reach of all anti-satellite-ASATS missiles from key armed countries of major armed states) to provide regionally-based distributed clouds to peer-to-peer / validator / miner users and for persistent storage of data application.
Applications and Ecosystems: Pycoin potentially produces a number of measurable DApps killers. Especially it's easy to replace the less secure Ethereum smart contract written in Turing Complete Solidity. Being Turing Pycoin is incomplete many times safer than the Ethereal Contract.
Large Network IoT Federation: Pycoin empowers Node owners and IOT IOT devices
produces to implement and monetize secured private / public IO stocks available upon request by establishing the IoT Networks Federation without disclosing confidential and identifiable personal data. Members of the Network may be incentivized to share statistical aggregate data in Pycoin or Colco Pycoins / Appcoins. It will also make machines for machine micropayments instantaneous and seamless.
Realtime Gaming: Realtime gaming machines, online casinos and gaming applications can be built on a Pycoin platform that can scale tens of millions of users without reducing the cost of maintaining a centralized cloud infrastructure.
Automatic Betting & Lottery Pool: Pycoin will allow ordinary people to build private gambling pools and private bets for high probability of likelihood of winning crypto bets and to buy lottery tickets to guarantee the highest RoI.
token sale.
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.
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
Phase 1-Testnet one-autumn 2018
Stage 2 - Testnet two winter 2018
Phase 3-Security Audit and Spring-Voltage Test 2019
Stage 4
Phase Mainnet launch consists of synchronized DOS binary DAG network (XRB / Nano branched) and Blockchain which can not be solved in realtime DexOS-summer 2019
Phase Mainnet launch consists of synchronized DOS binary DAG network (XRB / Nano branched) and Blockchain which can not be solved in realtime DexOS-summer 2019
Stage 5
Launch Backbone (codenamed ASB Alternative space Freedom) consisting of multiple mini and nano-statel sheets with router-based and distributed distributed transceivers to build alternative planetary infrastructure in Low Earth Orbit (LEO) and High Earth Orbit (HEO range -out of all major anti-satellite missiles-ASATS large armed nuclear states) to peer / scout / miner users and data storage applications and cryptocurrencies - between Winter 2019 and summer 2022.
Pycoin Mainnet will have three participant classes; some of which are members of more than one class:Launch Backbone (codenamed ASB Alternative space Freedom) consisting of multiple mini and nano-statel sheets with router-based and distributed distributed transceivers to build alternative planetary infrastructure in Low Earth Orbit (LEO) and High Earth Orbit (HEO range -out of all major anti-satellite missiles-ASATS large armed nuclear states) to peer / scout / miner users and data storage applications and cryptocurrencies - between Winter 2019 and summer 2022.
1. Community-Users
2. Selected Law Enforcement Executive at random
They will be selected by utilizing the transaction validation mechanisms that underlie DexOS and DAG networks on a regular basis.
3. Lawmakers-Developers and Infrastructure Providers
Although currently being developed by the Kohomology Laboratory and other distributed contributors who work as a core team of developers, the decentralized governance model of Pycoin Mainnet is designed to provide a fair and empowering voice for all Pycoin stakeholders including Pyco's validator users
Website: http://www.pycoin.io/
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
Whitepaper: http://www.pycoin.io/static/whitepaper.pdf
Github: https://github.com/CLRPL/Pycoin
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=2005736;sa=summary
Eth : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583
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