ABOUT CAFECOIN

in #ico6 years ago


CafeCoin is developed by Columbia University Ph.D. scientists in financial accounting, engineering and statistics. The conceptual benefits of CafeCoin are fast transaction times, low transaction fees, price stability and simplicity of use for consumers and merchants through the intuitive user interface of the companion mobile application of CafeCoin. The CafeCoin Foundation ("The Foundation") anticipates the launch of CafeCoin with established and pioneering corporate partnerships, designed to generate a much broader business adoption around the world. Initially to be used in the retail coffee sector, CafeCoin is a universal utility token that can be used as a payment instrument for any good or service.
CafeCoin leverages the savings and benefits of blockchain technology's big data and delivers it to retailers and consumers with a focused and intuitive mobile payment application that anyone can use. CafeCoin makes Technology and savings available only to the largest companies, accessible to all
CafeCoin. One reason why some OICs failed in the past was because they offered nothing new compared to other cryptocurrencies. Basically they were a new version of the most successful crypts like Ethereum and Bitcoin. Although these two cryptocurrencies are currently the currencies that earn the most money in the market, simply following in their footsteps will not generate the same buzz as when they launched their currency for the first time. CafeCoin made sure they had a goal, which is to make it easier for the average person to use the cryptocurrency, even if they do not have a deep understanding of how the system actually works.

Key benefits of CafeCoin's Blockchain architecture

The Foundation, although still using the same work test system that Ethereum has taken advantage of, implements certain policies and protocols in its blockchain that make it inherently unique. They spent a lot of time and resources to ensure the quality of their cryptocoin, and they used the right systems and mechanisms to make CafeCoin a long-term utility that Tokken users would benefit from
the CafeCoin Foundation, creators of a new altcoin, have researched and adapted the mechanisms necessary for their coins to work.

An important aspect of the cryptocurrency that needs significant planning and implementation is the blockchain architecture. The blockchain is the backbone of the entire cryptocurrency structure. The blockchain registers all the transactions of each user that have ever been made in that system. This is what makes decentralized accounting books so useful, the fact that you do not have to rely on the authority of a single entity. Each transaction must be validated by each other user in the network, and if something does not work out, the transaction will not be performed. With this, it is extremely difficult for external entities to deceive the system by making them believe that they have something that is not really there.

One of the main factors that the Foundation has addressed is the fact that transaction fees can be quite expensive, and transaction times can be extremely long. The Foundation has designed a blockchain architecture that is aimed at solving these problems. In addition to the design and technology that has been used to create the CafeCoin blockchain architecture, certain protocols and processes were also implemented, complementing the architecture to ensure that CafeCoin overcomes the barriers that prevented other cryptocurrencies from achieving large adoption. scale.
https://cafe-coin.com/
https://t.me/CafeCoin_ICO
https://cafe-coin.com/CafeCoinWhitePaperEnglish_V1-0.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=2053255
ETH: 0xe0D843e18Df2861E8c3Aa74F51b0FA2EFE1b63c8

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