HYCON REVIEW

Crypto currency is one of the main fruits of the digital revolution, affecting virtually all areas. Slightly similar to the times of the industrial revolution, many habits inevitably change. For example, the mechanization of agricultural work or the multiplication of robots in factories led to a reduction in the necessary amount of labor. But until now, the influence of cryptothermine (in habits or economic activities) is not as strong as the impact of technology that emerged decades after the industrial revolution.
The digital revolution is not the only factor accelerating the emergence of the Crypto-currency. The digital currency is also gaining momentum partly because of a certain devaluation of the mint currencies. The crypto currency is also used mainly for speculative purposes. But many also use it for other autonomous actions. Surprisingly, cryptothermines are used in the retail sector. We also know that they are useful for protecting savings from the risks associated with monetary inflation, which has been so prevalent lately.

Virtual currencies are still based on blockchain technology. A block-chain is a collection of encrypted data. The information is grouped into blocks, because it is more obvious to protect them from falsification: they are simply immune to changes by nodes. Transactions are thus safe, but, above all, transparent. Checks are carried out autonomously thanks to the block chain.

With the development of modern technology, many companies achieve amazing results of their developments. For example, the project HYCON truly surprised me with its development in the field of conducting transactions. HYCON is a digital asset built on the basis of an instant and scalable blockchain developed by a team of experienced Infinity Project programmers. Due to the structure of the DAG (Directed Acyclic Graph), the technology can process several blocks at the same time with the ability to exclude conflicting transactions, as the technology allows you to stop additional costs, through the consensus algorithm SPECTER.

HYCON was created by the company as a blockchain of the first generation of Glosfer, it's an open source project, publicly available on GitHub. The South Korean company has made significant progress in the blockchain industry of its country. Glosfer CEO Kim Tevon once said: "The confirmation of today's success marks another achievement for the whole company and the development team, we cross out the goals in our road map one by one! I would especially like to thank all our first supporters, as well as our new followers for their constant interest in our exciting project! "

For many users, security of funds is the main issue, no one wants to lose their funds, so the Infinity Project team will create for traders and investors, a decentralized exchange with which it will be possible to quickly, transparently, conveniently and safely exchange exchanges, traders will get a huge list new currency pairs. The user can not worry about his assets, which are stored on the DEX exchange.

If we consider the two protocols of the consensus of Bitcoin and HYCON, HYCON appreciably wins in its development, as it implements the SPECTRE protocol to maintain consensus. SPECTRE concentrates a blockchain in the Directed Acyclic Graph (DAG) type, thanks to the voting algorithm between pairs of blocks to indicate their order in pairs. In simple words, this protocol significantly handles the blocks much faster, thereby increasing the speed of the transaction. The transaction speed can reach 100Tps when connecting 1MBit / s and this is just the beginning.

A few words, I would like to give the project team, it consists of strong and ambitious professionals who know exactly what they are doing. Let's take into account the fact that for a short time the guys collected a "hard cap", the amount was not small - I think this is an indirect confirmation of the seriousness of the project. Liked the same, that all the points of the Roadmap are clearly and gradually implemented, according to the plan. Similarly, the White Paper is written in a simple, understandable language, understandable to the man in the street.

As a result, I would like to note the prospects of the project as a whole. In my opinion, I tell you, dear readers, only about promising projects, in which I am sure myself. HYCON made such an impression on me, why - I described above. In general, I advise everyone to look at the project, it will definitely change our future, because such technologies are highly demanded by people. Thanks for the attention.

Details can be found on the links below:

Web: https://hycon.io
Whitepaper: https://hycon.io/#whitepaper
Telegram: https://t.me/teamhycon
Twitter: https://twitter.com/teamhycon
Instagram: https://instagram.com/teamhycon
Reddit: https://reddit.com/r/HYCON
Facebook: https://facebook.com/teamhycon