IONCHAIN| SOLVING THE SCALABILITY PROBLEM

aabl3zzy (2)in #ionchain • 6 years ago (edited)

Ever since the coming of blockchain network like bitcoin, Ethereum, LTC and others, the blockchain technology has been growing fast beyond imagination. The blockchain has been very helpful to human and has solved a lot of issues. It has fixed centralized monopoly limitation system.
The technology world is advancing daily with a lot of demand in digital innovations with this there is a need to improve the blockchain system too. We see many digital transactions every day, cloggy in some blockchain transactions, resulting in high fees, delay in delivery and some other issues. With this you will agree with me there is the need to increase the number of blockchain based networks to meet up with demand.
Now let's talk about a platform called IonChain which is set to put solutions to those issues listed above, IonChain will operate a smart contract network will be backed up by the Ethereum Virtual Machine.

What is IonChain?

IonChain is a blockchain based platform that will neither trade off the officially existing security nor give up the decentralization limit of the blockchain innovation, yet come with double layer blockchain.
ION CHAIN is the blockchain version 2 with an advance unique features and securities. Ionchain advice implemented features and security will address blockchain with the ability to scale, security and decentralization while maintaining a fast-moving service.
Here are some of the starring innovative features of the ION CHAIN:

Double layered blockchain
Ion chain cross-shared transaction
Super full mode with multiple nodes implementation
Double spending protection

iochain feats.jpg
DOUBLE LAYERED BLOCKCHAIN:
This strengthens the security of the blockchain by reason of the ionchain ecosystem which can be accomplished by fork mining.
The process of fork mining is always discouraged by the cost ineffective nature. because of the cost of fork mining, the Double Layer is been divided into 2 layers, a layer is dedicated to security and the other layer dedicated to scalability by means of sharding.
ION CHAIN CROSS-SHARD TRANSACTION:
IonChain platform cross-shard transaction ability, this means the ability of token to converse the cross-shard chain. all this process are achieved with the platform subchain to another chain that converts the cross-chain to cross-shard.
Here, the instability inclinations postured by sharding can be controlled by the adjust made by prioritizing security through the provision of a decentralized record combined with the introduction of BASE CHAIN POW ALGORITHM.

SUPER FULL MODE WITH MULTIPLE NODES IMPLEMENTATION:

The super full mode enable Ionchain platform operate through horizontal scalability that runs each node as a super full node and doesn't give room nor compromises the security of blockchain against attacks

DOUBLE SPENDING PROTECTION:
Double spending is the capacity to reverse any already sent transaction by reason of achieving the hash control required to accomplish it.

This feature helps to protect double spending that occurs during the transaction.

Hash power needed for double-spending is reached, attack and control easily with the Double spending protection.

TOKEN DETAILS
Token name:Ionchain token.
Ticker: IONC.
Platform:Ethereum -> Ionchain.
Total supply:1 000 000 000.
Soft cap:NO soft cap.
Hard cap:1 600 ETH.
Token Sale:07.07 - 14.07.
Accepted purchase: ETH.Price:1 ETH = 125 000 IONC.
Minimum investment: 0.1 ETH.
Maximum investment: 1.6 ETH.
Maximum participants: 1000 (chosen by lottery).
Country: Finland.
Whitelist/KYC: Yes.
Restricted areas: USA, China,

TEAM
ioch team.jpg