The Decentralized Escrow System; Seyblock Review
What is Seyblock?
Seyblock wants to provide the best Escrow service to prevent scams and provide people with better service. Seyblock is a token on the Stellar network. They have chosen Stellar for launching Seyblock since Ethereum has a lot of trouble regarding Scalability.
Seyblock features
Quick Exchanges
Over the Outstanding System happens the quickest exchanges ever expand on the Blockchain. 2 ~ 5 seconds and your installment will be on your wallet. An exchange on the system comprises of at least one tasks. Installments, offers, and charges are generally models of activities that could make up a single exchange.Secure payments
All transactions on the network are public, which means the movement of funds can always be audited. Each transaction is signed by whomever sent it using the Ed25519 algorithm.Worldwide transactions
Moving money across borders quickly, reliably, and with low fees never has been easy. With Seyblock you can connect banks, make payments and trust people all over the world without worrying about double spending issues.Low fees
If too many transactions are submitted, nodes submit the transactions with the highest fees for the ledger’s transaction set. The fee is only 0.00001 XLM on the overall network. Less than both Ethereum and Bitcoin and with also a much better transaction speed.Solving scalability issues
An estimate of Seyblock's processing rate is 1000 operations per second. The distributed Stellar network is made up of servers running the Stellar Core software. Stellar Core maintains a local copy of the network ledger, communicating and staying synchronized with other instances of Stellar Core on the network.
Roadmap:
They already launched a Seyblock forum, launched a website & friendly system, and more coming in the future!
The most important things on the roadmap, that are coming in the future are the launching of escrow platform in Q1 2019, and the launch of the news platform in Q2 2019.
Escrow service
The Seyblock escrow platform enables you to easily and securely trade with someone to exchange your coins/tokens and products. The platform is totally based on stellar blockchain and linked API. They are currently working on Coinmarketcap API to link it to their platform.
News platform
The news platform will enable writers to put quality news about crypto and local news. People would be able to look at he exact news they and avoid fake news. It will bea decentralized news platform. It's totally anonymous, no one will know who the writer is and who the viewer is. It is as anonymous as Bitcointalk.
So be sure to check these two platforms out when they are (fully) launched!
Statistics token Seyblock
Statistics from experts and people from the Seyblock team: The Seyblock experts predict prices and profits to the Seyblock investors.
This is a short time projected price analysis that the coin will reach in the marketcap within 5 months:
1 Month Price: 0.8 USD
2 Months Price: 2.37 USD
3 Months Price: 2,70 USD
4 Months Price: 3,50 USD
5 Months Price: 4,21 USD
Supply of Seyblock:
Seyblock , SBL , 30 Million Tokens
Team: 6% tokens.
Development: 17% Tokens
Airdrops and bounty: 33% Tokens
Token Sale on Exchange: 44% Tokens.
(The token sale will be available through StellarPort.io a Stellar decentralized exchange.)
Seyblock site: https://www.seyblock.com/
The Seyblock whitepaper: https://www.seyblock.com/whitepaper_v1.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5068160.0
Twitter: https://twitter.com/seyblock
Seyblock address: GCHUPLP4FRFJVJC3TBFZWAKVUDK63PZ5WA7M4ZPSQMJVGDTJSO2C5XMD
memo text: EX93ECEX18B857CD1104
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