Yocoin.presentation new

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Introducing YOcoin, The World’s First TRUE Community-driven Cryptocurrency

Transcript of Yocoin.presentation new

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Introducing YOcoin, The World’s First TRUE Community-driven Cryptocurrency

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First…What is Cryptocurrency?

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A Cryptocurrency is a digital currency that is created through mathematical engineering (algorithm).

It is designed to be open, anonymous, secure, fast and bypasses traditional financial structures.

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Bitcoin, created in 2009, was the world’s first Cryptocurrency. Since then, many new Cryptocurrencies (also known as

Altcoins) have been introduced.

YOcoin

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YOcoinBitcoin

Coin Limit 21 Million 84 Million

Algorithm

Mean Block Time

Difficulty Retarget

Block Reward Details

Initial Reward

Current Block Reward

Block ExplorerCreated By

Creation Date

SHA-256

10 Minutes

2016 Block

Halved every 210,000 blocks

50 BTC

25 BTCblockchain.info

Satoshi Nakamoto

January 3rd, 2009

Scrypt

2.5 Minutes

2016 Blocks

Halved every 840,000 blocks

50 YOC

50 YOC

explorer.yocoin.org

Jack Silvestri

December 8th, 2015

Bitcoin Statistics YOcoin Statistics

How YOcoin is different from Bitcoin

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ADVANTAGES OF CRYPTOCURRENCY OVER TRADITIONAL MONEY

Currency VS Traditional

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Digital currency maintains its users complete anonymity. When you make a purchase with traditional money your personal information

is attached to each and every transaction which can be used to track you and take note of your purchases. But cryptocurrency transactions

carry no personal information.

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Cryptocurrencies aren't directly linked to the laws, rules or regulations of any government, corporation or bank. Hence, the interest rates, fees and

surcharges that you may have to pay on your bank account or credit card do not effect your transactions or cryptocurrency in any manner.

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Accounts that hold traditional currency can be garnished or frozen completely. Cryptocurrencies, on the other hand, are not stored in

traditional banks.

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How does YOcoin work ?The Mining Process

SERVERS GENERATE COMPLEX MATH PROBLEMS

MINERS GENERATE SOLUTION

TO RELEASE YO COINS

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How to use YOcoins

SET UP YOCOIN WALLET BY DOWNLOADING SOFTWARE ON COMPUTER OR PHONE

THIS SOFTWARE GIVES YOU A UNIQUE AND SECURE IDENTIFICATION CODE FOR BEING IDENTIFIED

IN THE NETWORK.

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YOU CAN BUY YOCOINS WITH OTHER STANDARD CURRIENCIES FROM OTHER USERS OR REGISTERED EXCHANGES.

THE FUND IS ADDED TO WALLET INSTANTLY.THE YOCOIN NETWORK AUTHENTICATES THE

TRANSACTION BY ADDING IT IN PREVIOUS BLOCK CHAIN AND MAINTAINS INTEGRITY.

YOU CAN ALSO SEND PAYMENTS TO OTHER ADDRESSES BY USING THE SECURE

SOFTWARE EASILY.

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Role of Blockchain in YOcoin mining

USER ‘A’ SENDS FUND TO USER ‘B’

THE TRANSACTION IS CONVERTED TO A ‘BLOCK’

THE TRANSACTION IS BROADCASTED ON THE NETWORK FOR VALIDATION

THIS BLOCK IS ADDED TO THE EARLIER NON REVERSIBLE PROCESS CHAIN OF BLOCK

FINALLY USER ‘B’ RECIEVES FUNDS FROM USER ‘A’

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Transactional differences between YOcoin and Bitcoin

Contact me from now https://www.facebook.com/bitcoinwave

Sponsor : http://bit.ly/bitcoinyo

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YOcoin can handle a higher volume of transactions thanks to its faster block generation. If Bitcoin were to try to match this, it would require significant updates to the code that everyone

on the Bitcoin network is currently running.

YOcoin User Bitcoin User

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A merchant who waited for a minimum of two confirmations would only need to wait five minutes, whereas they would have to wait 10 minutes for just one confirmation with Bitcoin.

YOcoin User Bitcoin User

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Mining differences between YOcoin & Bitcoin

The key difference for end-users is the speed a transaction is validated. YOcoin requires only 2.5 minutes to generate a block, as opposed to Bitcoin's 10 minutes.

Bitcoin uses the SHA-256 hashing algorithm, YOcoin, however, uses the scrypt algorithm – originally named as s-crypt,but pronounced as 'script'. This algorithm incorporates the SHA-256 algorithm, but its calculations are much more serialised than those of SHA-256 in bitcoin.

The total hashing rate of the Bitcoin network is over 20,000 Terra Hashes per second, while YOcoin is just 95,642 Mega Hashes per second.

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YOcoin is a REAL Cryptocurrency!

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REGISTERED AT C-CEX CRYPTOCURRENCY EXCHANGE

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REGISTERED AT SAFECEX CRYPTOCURRENCY EXCHANGE

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REGISTERED AT COINEXCHANGE CRYPTOCURRENCY EXCHANGE

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REGISTERED AT ALCUREX CRYPTOCURRENCY EXCHANGE

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REGISTERED AT BLOOMBIT CRYPTOCURRENCY EXCHANGE

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YOC LAUNCH(DEC 07 2015)

OFFICIAL YOCOIN SITE(JAN 01 2016)

FAUCET&BLOCK EXPLORER

(DEC 17 2015)

FIRST UNOFFICIAL POOL(DEC 11 2015)

LISTED ON BTC POOL EXCHANGE(DEC 23 2015)

LISTED ON COINORIUM EXCHANGE(JAN 08 2016)

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LISTED ON EMPOEX EXCHANGE

(JAN 09 2016)

SECOND UNOFFICIAL POOL(JAN 31 2016)LISTED ON C-CEX

EXCHANGE(JAN 20 2016)

SPONSERED BY YOCOIN ITALY(JAN 10 2016)

LISTED ON COINMARKET CAP(JAN 21 2016)

OFFICIAL PAPERWALLET GENERATOR(FEB 17 2016)

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OFFICIAL MINING POOL RELEASED

(FEB 19 2016)

OFFICIAL BLACKJACK GAMERELEASED(MARCH 03 2016)

OFFICIAL FORKDIFFICULTY RETARGETS

EVERY 2016 BLOCKS(MARCH 01 2016)

OFFICIAL WEB WALLET RELEASED

(FEB 23 2016)

OFFICIAL BLOCK CRAWLER RELEASED

(MARCH 03 2016)

LISTED ON ALCUREX EXCHANGE(MARCH 13 2016)

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OFFICIAL ANDROID WALLET

PAYMENT GATEWAY TO ALLOW MERCHANTS TO ACCEPT

YOCOINREAL YOC COINS!

OFFICIAL DICE

YOC AS PAYMENT METHOD FOR CASINO GAMES

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Be at the vanguard part of a TRUE Community-drivenCryptocurrency…

YOcoin!

Contact me from now https://www.facebook.com/bitcoinwave

Sponsor : http://bit.ly/bitcoinyo