SEYBLOCK - The Decentralized Escrow System, Annoymous,Traceable Transactions and News Platform
Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
As more technological advancements are uncovered, SEYBLOCK, a cryptocurrecny platform built on state-of-the-art facilities with the best software of all time recorded since the history of blockchain technology to create an ecosystem where there are no more scalability problems and every individual and entity that collaborates on the blockchain came on board.
WHAT IS SEYBLOCK
SEYBLOCK is a cryptocurrecny platform built on state-of-the-art facilities with the best software of all time recorded since the history of blockchain technology to create an ecosystem where there are no more scalability problems and every individual and entity that collaborates on the blockchain industry can enjoy transactions regardless of their geopolitical location in all nations of the world.
Additionally, Seyblock is a P2P-based version of electronic cash that can be scaled and friendly to use online payments to another without going through a financial institution. This mechanism is reached based on the Stellar Consensus Protocol (Stellar Consensus Protocol, SCP). Seyblock's vision is to provide Escrow services to prevent fraud and provide better services to people, solve scalability problems and increase transactions per second.
Applying Stellar Lumens technology, Seyblock makes it easy to move digital assets around the world, fast, reliable, and also the powers of the true vision of Satoshi's view to make even digital / crypto currencies stronger. Facebook aims to provide a global solution to the problem of scalability of Bitcoin and Ethereum.
Seyblock is quite scalable to maintain active operations with limited inventory of 30 million coins, while military-level security from the platform guarantees network stability. Every transaction in the Seyblock Platform is cheap. Transactions immediately arrive at the desired destination at fast speed.
THE VISION
The vision is to provide the best Escrow services to prevent fraud and provide better services to people. They chose Stellar because it launched Seyblock because Ethereum also has many problems related to scalability.
About The Security
The security of other assets is very high, they have their own platform that allows you to do an escrow system that you can trade with someone or exchange some products or coins / tokens through the platform. So therefore people will be safe from fraud and illegal activities. So the security can satisfy your needs and keep you connected with random people around the world.
PROBLEM AND SOLUTIONS
Blockchain technologies has always been a solution-oriented invention, hence the establishment of the SeyBlock platform, which is a purely peer to peer version of electronic cash, scalable and user-friendly, and which allows for online payment to be directly sent across to the parties involved without having to go through the process of financial houses. SeyBlock is able to come up with these solutions, through its use of the Stellar Consensus Protocol(SCP).
The Stellar Consensus Protocol is an anonymous transaction and is traceable. Following its intriguing attributes, SeyBlock has a platform which will keep its clients and users updated on their token, and they also give room for investors to talk over their token. The issue of scalability has been since the invention of Bitcoin, and these issues came to be because:
There is a limit to the amount of transaction that the Bitcoin can process
It is a consequence of the fact that blocks in the blockchain are restricted to 1 megabyte in size.
As it stands, the current blockchain size is 1MB, hence the problem of scalability is inevitable.
These problems have been solved with the SeyBlock platform. The SeyBlock platform seems to be the only platform that does not make use of Bitcoin and Ethereum, because of the obvious reason that the transaction capacity per second may be below its expectations, hence it's use of the Stellar Consensus Protocol. According to the crew at Stellar, the network can easily handle 1,000 transactions as at today, and the transaction settlement time is estimated at 2-5 seconds. That's really fast, almost instantaneous.
About The Services SEYBLOCK provide
The Seyblock platform will provide 4 main services, including:
ESCROW SERVICE
Seyblock provides an escrow system, where users can easily transact with someone to exchange their coins / products and products safely from a scammer. This platform is really based on the blockchain star and is connected to the Coinmarketcap API.
TRACEABLE
Seyblock allows users to track their transactions on the platform.
ANONYMOUS
Transactions between Samsung users will be made anonymously.
PLATFORM NEWS
Seyblock also provides news services. On the news platform, Seyblock allows news about crypto and local news. This will be a decentralized news platform. That no one will know who the author is and who sees it.
SEYBLOCK and The Stellar Blockchain
The steller organize have quick rate of affirmation of exchange than the bitcoin or ethereum arrange
The outstanding system can process more 2500 exchanges in a moment or two yet the bitcoin come up short on this speed.
Exclusive Features of the SEYBlOCK
The Expense of Exchange
The charges accuses per exchange of the seyblock biological community is exceptionally shabby and relatively unimportant
The Security of Advantage
at the core of the SEYBLOCK stage security is top most need to ensure client's benefit frame digital assaults utilizing a dynamic reconnaissance in observing client's advantage all day, every day. With the SEYBLOCK are resource in your portfolio are sheltered and secure in great condition.
FEATURES OF THE PLATFORM
Fast Transaction
The transaction speed with SeyBlock is on the high side and there goes a long way to facilitate business for its clients. Over the Stellar Network happens the quickest exchanges ever expand on the Blockchain. 2 ~ 5 seconds and your installment will be on your wallet. An exchange on the system comprises of at least one operations. Payments, offers and expenses are generally precedents of tasks that could make up a solitary exchange.
Cheap Fees
Though the transaction speed is almost instant,and the transaction capacity per second high,it still charges no significant fee, the fees are very small. In the event that an excessive number of exchanges are submitted, nodes propose the exchanges with the most noteworthy charges for the record's exchange set. The result is simply 0.00001 xlm expense on the by and large network. Less than both Ethereum and Bitcoin and with likewise a greatly improved exchange speed.
Worldwide Transaction
The SeyBlock transaction is not limited to a particular geographic region, but is available the world over.
Powered by Stellar Lumens
The support it gets from the Stellar Lumens, enhances and distinguishes it from other blockchain technology platforms. While Bitcoin and Ethereum are confronting extensive adaptability issues Stellar ran over with an answer activating a standout amongst the most noteworthy developing in the Blockchain industry. With the Stellar Consensus Protocol (SCP) Seyblock can achieve.
Secure Payments
Its payment processes are well secured, ensuring clients safety.
Solving scalability issues
These issue of Scalability has been since 2009, following the invention of Bitcoin, but is today history because of SeyBlock's initiatives and use of the Stellar Consensus Protocol.
TOKEN SALE DETAILS
Token sale will be available through StellarPort.io a Stellar Decentralized Exchange.
Token Distribution
1 Month price: 0.8 US
2 Month price: 2.37 USD
3 Month Price: 2.70 USD
4 Month Price: 3.50 USD
5 Month Price: 4.21 USD
ROADMAP
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
Website: https://seyblock.com
Whitepaper: https://www.seyblock.com/whitepaper_v1.pdf
Telegram: https://t.me/seyblock
Twitter: https://twitter.com/seyblock
Facebook: https://www.facebook.com/seyblock/
PUBLISHER
bayo88
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711
Stellar Wallet Address: GBLDA7LPEYJX6WTQXCPAEKNMKOEBEDQY3VRQ3K23XYZAQVA2JXHWU4SP
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