LARGO COIN: A NEXT GENERATION BLOCKCHAIN PROJECT.

in #blockchain4 years ago (edited)

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One of the endearing point of our modern day world of technological advancements is it's ability to facilitate international transactions, in a relatively quick and transparent manner. Although many people still habour fears and reservations as regards to the security of this technological systems, this fears are major limitations for the e-commerce markets. The largo foundation has after much consideration deemed it necessary to develop an infrastructure that offers a easy to use and access financial service.
Because erstwhile consensus algorithms like Pow seemed to have really great demands, the largo coin is leveraging on the proof of stake (POS) architecture so that it can operate at very cheap transaction cost, largo coin is currently the first coin that requires zero energy resource and physical computer mining processes.

Largo offers a reliable system capable of allowing both buyers and sellers to simultaneously fufil real life transactions, in other words it relies on an electronic money transfer process to eschew safety, trading convenience for both buyers and sellers using transaction insurance.

TALKING ABOUT LARGO COIN PROPER.

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Largo coin is a decentralized financial instruments developed on modern proof of stake (POS) architecture, laced with cheap services and can initiate/execute instantaneous transactions. Largo chain houses an easy to use wallet applications that encourages financial Independence and accessibility for just anyone. Largo coin solutions can be best described as revolutionary because they hold great solutions to the very many problems of the financial world and a user friendly interface to crown it up.

The choice proof of stake as ity consensus algorithm was not made by fiat but because the proof of stake (POS) gives users the opportunity to freeze their volumes of their coins so as to have of been selected as the verifying transaction block.

This mechanism ensures that the main ideas and concept of Largo coin is seamlessly deployed and sustained with little or no computing powers in a 100% secured platform. Unlike the erstwhile proof of work, the proof of stake in the Largo coin is embedded in the core of the project and has been further upgraded to ensure maximum security and fast transactions. This solutions delivered by largo coin has all the impremature of the next generation cryptocoin system, it's has no shortcomings and has been carefully designed to drive massive adoption.

Aside the provisions of a veritable investment warranty service, Largo coin has developed a new method of providing a trust less ecosystem for executing both domestic and international B2C & B2B trades, this is possible because Largo coin relies on blockchain aids like distributed ledger, smart contracts, versatility of fintech option etc.

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CONCLUSION
Taking into cognisance the avalanche of middlemen and defective tendencies of the financial sector especially for centralized financial systems,even erstwhile blockchain currencies like Bitcoin, ethereum and mining algorithms like Pow gives a clear-cut need for the creation and mass adoption of largo coin projects. Largo coin eliminates every needs and basis for criminal infestation of financial channels, largo coin operates with an underlying proof of stake (POS) offering much more better service than the proof of work (POW). It's a great project for carrying out insurance transaction and will only continue to get better.

USEFUL LINKS

Website: https://largocoin.io/

Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=5200762

Telegram: https://t.me/largocoin_chat

Twitter: https://twitter.com/largocoin

Facebook: https://www.facebook.com/LargoCoinPublic

Medium: https://medium.com/@largocoin

Reddit: https://www.reddit.com/r/largocoin/

AUTHOR'S DETAILS

Bitcointalk Username: Ajprotocol

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2539305

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