The Blockchain Technology keeps on expanding in ubiquity and also its appropriation because of its genuine utilize cases in different parts by people, firm, and governments. The revolutionary technology impacting different industries miraculously was introduced in the markets with its very first modern application Bitcoin. The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology, embracing the new technological innovation has helped reshape the world.
In this sea of inovation and new technologies i will be introducing you to a visionary project that come to life in the form of ICO's and today i am going to present you with one of the most promising ones on the market which is SKELPY a platform that aims to create a completely decentralized and transparent system, Identifying every single portfolio present inside the blockchain.
ABOUT SKELPY
Skelpy project is creating a completely decentralized and transparent blockchain in which all portfolios have a certified digital identity.
Skelpy, as one of the platforms that prioritizes security guarantees in the transaction process, facilitating its customers by providing certified digital wallets. However, users can still make transactions to and from other users’ wallets, both certified and non-certified. Relying on a decentralized system allows users to transact transparently and quickly.
The advantage offered from this certification wallet is the increased level of security, where it is intended to avoid misuse of functions and other irresponsible actions.
SkelpySystem is a decentralized platform that serves the certification process and portfolio recognition on its platform. This system will help identify the identity of the user who made the transaction. Portfolios will be recognized at the discretion of the rightful owner who will then decide on the visibility of their portfolio.
Through this platform, Skelpy wants to create a completely decentralized and clear blockchain where transactions that occur will be visible to all users. However, individual users will first be certified and approved. So that it can enable transactions between users of this platform with certified digital wallets, whether owned by individuals or legal entities, or with digital wallets that are not certified.
The Skelpy Blockchain applies DPoS or Delegate Proof of Stake technology, where there are 51 nodes whose task is to keep the internet connection active and functioning during the transaction process. DPoS technology itself is the final method for guaranteeing digital net tokens by executing transaction processes and ensuring distributed management or validated / recognized transactions without the need for central authority roles. This system is an evolution of PoS or Proof of Stake that allows the involvement of all network nodes. This system was developed with the aim of reducing costs and increasing efficiency in terms of electricity consumption in the PoW or Proof of Work system, which is used by the Bitcoin digital currency. DPoS shows a strong, efficient and very reliable consensus algorithm in the blockchain network.
Because blockchain technology is decentralized, each ongoing process relies on the main or central system in its control. This system is digital and is fully run using the internet network.
The DPoS technology used by this platform was adopted from the ARK project but was not a sidechain of the project. The Skelpy Blockchain is based on a solid and tested system that will continue to be improved in order to be more functional in the future.
The skelpy platform facilitates customers with a certified digital wallet. The Skelpy system will recognize these wallets making it possible to recognize users involved in the transaction process based on the level of authority determined by the wallet owner. Wallets are recognized as legitimate owner policies. The wallet owner can decide the visibility of his wallet.
To recognize the wallet, the user needs to send an acknowledgment request to the other intended user, unless the other user applies a “public” level of visibility which does not require an acknowledgment request. The level of visibility is divided into 3 levels, namely Public, Private, and Solo.
SKELPY ECONOMICS
The maximum coins offer will be of 70.000.000. with a quantity of currency issued on the market equal to 2.000.000. There will be pre-forged 33.000.000 coins of which 20.000.000 will be used as voting wallets for 20 associated partners, therefore the 20.000.000 SKP will be freezed and will be not put in circulation in any way: their only aim will be to vote 20 delegated partners of the Skelpy network. Besides we will use a backup fund of 10.000.000 in case of network alteration or modification, that will be freezed and available through multi-signature wallets.
2.000.000 will be used for exchanging on various exchange and 1.000.000 will be divided among the team members on the basis of the competence and the developed works.
The 20 delegates (also called partners)’ task is to guarantee reliability, speed and security of the network.
Therefore, the partners will be voted by 1.000.000 SKP wallets, after having stipulate a cooperation contract with the project.
Token Distribution
ROADMAP
TEAM
If you like and like this project, I advise you to familiarize yourself with it in more detail by clicking on the links that I will leave for you at the end of this article;
WEBSITE: https://www.skelpy.co/
WHITEPAPER: https://www.skelpy.co/pdf/whitepaper/Skelpy_whitepaper_en.pdf
GITHUB: https://github.com/SkelpyCoin
TWITTER: https://twitter.com/SkelpyCoin
TELEGRAM: https://t.me/SkelpyCoin
REDDIT: https://www.reddit.com/user/skelpycoin
MEDIUM: https://medium.com/@skelpycoin
INSTAGRAM: https://www.instagram.com/skelpycoin/
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
