Overview of LOCALCOIN LLC DECENTRALIZED EXCHANGE PLATFORM

What is localcoin?

LocalCoin LocalCoin is a true democratic decentralized ecosystem where everyone is free to do what they want and how they want. LocalCoin is not a company or person, it is a community of people who share the same libertarian values ​​and freedom.

LocalCoin is a network of high-performance, user-friendly, decentralized blockchain technologies. With cryptocurrencies having noticeable growth over the past year, it is reasonable to conclude that they provide stability and profitability. LOCALCOIN is a simple, reliable and secure platform for financing and trading based on blockchain technology. This document presents the application structure for LOCALCOIN, a decentralized ecosystem, whose goal is to shape the future market for a decentralized cryptocurrency. To optimize the financing cycle and open access to an organized decentralized platform, LocalCoin presents a mechanism for contracting between enthusiasts, investors and entrepreneurs. LocalCoin enters the market at a crucial moment. Our vision is to become a leading global provider of bitcoin and blockchain technology. We believe that consensus technology can do for the economy what the Internet has done for information. LocalCoin aims to extend blockchain innovation to all industries that rely on the Internet to provide their services. Be it banking, stock exchanges, lotteries, voting, music, auctions or many other services for a fraction of the costs incurred by their more traditional, centralized colleagues. We pulled ourselves into this market to create a decentralized autonomous organization that will allow you to manage your own cryptocurrency exchange site based on a decentralized blockchain platform (DAO) with a few clicks of a button.

OUR SOLUTION: LOCALCOIN

When we think of a decentralized market in this way, our role is to shape and correct these distortions in areas that are relevant to us, our investors, and the cryptographic community as a whole. LocalCoin Platform LocalCoin was designed to provide a full-service platform for launching a decentralized bank, decentralized trading, social networks and forecasting markets thanks to its unique offer. A key feature of LocalCoin is that it takes decentralization to a new level; Our platform is not only decentralized at a technical level, but also has a reliable strategy. To achieve this, LocalCoin allows users to freely establish their own smart contracts and exchange digital assets on their terms in an open, secure, A fast and truly decentralized process right on the blockchain. Our goal is not to compete with other exchanges, but to begin with where their offers end. LocalCoin is committed to helping investors confidently trade and manage their own LocalCoin platforms at a reduced price. What makes LocalCoin different? LocalCoin is owned and operated by everyone. We have created a decentralized community and technology that will enable you to build a solid reputation in your online travels. In addition to meeting the ideological criteria of decentralized exchange, LocalCoin is user friendly, democratic, and useful. Efficient and fast decentralized transaction processing. The platform uses three types of transactions: 1. Local transactions between different accounts of the same cryptocurrency. 2. The same protocol-based transaction created on the basis of the same protocol, but between different currencies. 3. Cross-chain transactions of different coins with a different protocol. Multipurpose super-wallet LocalCoin uses a super-wallet that supports asset management, self-service transactions, payments, secure chat, social networks and much more.

LOCALCOIN BUSINESS CASE

We will start by creating an ecosystem after the sale of tokens in connection with the introduction of a unique regulatory framework. The platform will evolve by providing greater transparency and simplicity for the market and by ensuring value that is not available today due to market inefficiencies. With a focus on growth, creating the best user experience for LocalCoin is paramount. The LocalCoin team attracts qualified project developers in this area, developing projects based on the market price, with a professional team that will expand when entering new markets. We attracted our first investors to test the BETA platform. LocalCoin continues to work on expanding the platform’s project platform, and after the sale of the token, new partnerships will be announced. Main Functions of a Decentralized Bank No one can block your wallet or request your ID, A completely anonymous banking tool. Blockchain-based decentralized chat, fully encrypted decentralized private and group chats.

Master Node Mining Functionality
LocalCoin includes mining functionality on its platform. Masternode is just a computer wallet that stores a complete copy of the blockchain in real time. In return, the Masterode will receive crypto coins as a reward. They differ in that they perform many other tasks, in addition to storing the entire blockchain and relaying transactions. In this case, everyone can get the LLC by running Masternode to support the network. Masternodes perform tasks such as: • Performing instant transactions; • Participation in voting and management. • Improving transaction confidentiality. • The inclusion of a treasury and budgeting system for the POS blockchain is based on Masternodes. These computers process transactions on the blockchain and are rewarded with coins from the created blocks.

What is delegated stake evidence? Delegated Rate Confirmation (also known as DPoS) is a consensus algorithm that supports an irrefutable agreement on the truth of the entire network, validates transactions and acts as a form of digital democracy. It uses real-time voting in combination with a social reputation system to reach consensus. Each token holder can have a certain impact on what is happening on the network. DPoS is not only a democratic system, but also effective and efficient. The choice of block manufacturers allows you to verify transactions in a matter of seconds, and not in 10 minutes, which are required to verify the health of the system used by Bitcoin. How it works To understand what a master node is, you must first understand how cryptocurrencies increase their negotiable offer. Think of the blockchain project as a country, and its master nodes as states. If I think that a country will be successful compared to others, I might want to invest in this country, maybe even buy a state. The purchase of this state allows me to benefit from the general economy of this country, as well as participate in the formation of the legislative body that arises to govern the country. In order to have a master node, you must set aside a certain amount of the coin to which it is attached, as security, most often this security is then “blocked” for a certain period of time. Since you both made a commitment and agreed not to sell it for a certain period of time, your master site will generate more revenue than a traditional site. Proof of the knot. By placing at least 5,000 local coins in a node, the owner becomes part of the community with a common desire to maintain a shared cloud and coin value. These nodes really work, as they check, protect and increase the blockchain for the coin, and therefore these minted coins are the price to pay for it. All working masternodes will sit beautifully if the entire cryptocurrency market grows in unison. If in ten years all the coins will cost significantly more than now, the launch of the master nodes will be very profitable for everyone who has made the jump with one to a large extent, regardless of which cryptography you have chosen. Thanks to a shared cloud of independently owned nodes, the local network will be on its way to the most decentralized DAOs and DEXs in history. Requirements for the witness node 1. The minimum balance is 5000 LLC and the validity of the subscription. 2. If your balance becomes less than 5000 LLC, your witness node will become inactive, even if you have enough votes. 15 LocalCoin Your site goes offline, it becomes inactive, even if you have 5000 LLC balance and enough votes - keep your site running 24/7. If the balance of your mastertern account becomes less than 5000, your site will stop mining until the balance of your LLC reaches 5000 or more. There will be multi-user functionality, but each node must have its own identifier so that each user receives a reward for supporting CommonCloud. 15 LocalCoin Your site goes offline, it becomes inactive, even if you have 5000 LLC balance and enough votes - keep your site running 24/7. If the balance of your mastertern account becomes less than 5000, your site will stop mining until the balance of your LLC reaches 5000 or more. There will be multi-user functionality, but each node must have its own identifier so that each user receives a reward for supporting CommonCloud. 15 LocalCoin Your site goes offline, it becomes inactive, even if you have 5000 LLC balance and enough votes - keep your site running 24/7. If the balance of your mastertern account becomes less than 5000, your site will stop mining until the balance of your LLC reaches 5000 or more. There will be multi-user functionality, but each node must have its own identifier so that each user receives a reward for supporting CommonCloud.

Trading terminal LocalCoin
LocalCoin Online Trading Terminal for brokers is an advanced trading technology for online brokers-dealers and trading companies. Rich functionality, speed and excellent usability are available from any web browser and any device. LocalCoin Trader is based on HTML5 technology, which provides responsive design, advanced features and usability on the Internet. From one screen to a dozen, our online trading terminal is configured for any number of displays. Zero Trading Commission There is no trading commission on LocalCoin except the ridiculously low network commission. All you pay is fixed network fees, just to push your transactions into the blockchain. High Performance A blockchain-based system that processes 100,000 transactions per second, without a cryptocurrency close to it. LocalCoin technology will significantly increase the performance of existing DEXs and make disruptive changes in the exchange of digital assets. 16 LocalCoin Stealth mode Super-secure transactions with zero knowledge (“unknown”, sent “n”, “unknown” “unknown”). ” This means that you can place hidden transactions from your account to a secret account that cannot be viewed using any block explorer. Maximum security We do not have access to your account, simply because only you own the secret key to it. Centralized trading platforms cannot compete with decentralization, full encryption, complete anonymity, cold storage, and strict access control. Why use the LocalCoin trading terminal? • White Label: A trading terminal has been developed, to be 100% white software. It is intuitive and very easy to configure and launch a proprietary platform. • Customizable: the platform has an unlimited number of custom dashboards and a widget builder module to create a unique trading experience for your traders. No programming skills required. • Online trading simulator: test strategies, improve team skills, give rewards and train people using the online trading simulator with the option trading simulator turned on. No programming skills required. • Online trading simulator: test strategies, improve team skills, give rewards and train people using the online trading simulator with the option trading simulator turned on. No programming skills required. • Online trading simulator: test strategies, improve team skills, give rewards and train people using the online trading simulator with the option trading simulator turned on.

USER FRIENDLY APPLICATION

One of the main problems with decentralized exchanges was usability. It is clear that user experience was not the main one for DEX, which built the first iteration of such a destructive concept. How it works • You send a request (purchase / sale) to the relay on which the order book is located • An interested party at the other end signs it digitally and creates a counter order • Both orders are then sent to a smart contract on a blockchain that executes the transaction and transfers the crypto assets in user wallets. Decentralized exchanges allow you to constantly monitor your assets. They provide a private key and allow you to withdraw funds from a smart contract (whether it is a buyer or a seller) if you suddenly decide not to make a transaction. Unlike centralized exchanges, DEX allows users to constantly monitor their crypto assets: they give out personal keys and allow the buyer (or seller) to withdraw their funds from the smart contract if they change their minds and decide not to continue the transaction. Key Features Live Charts Advanced charts have built-in technical indicators with the ability to create new ones indicators and drawing tools for trend lines, Fibonacci, text and shapes. Customizable layout with color options and logo. Drag and drop function when dynamically resizing the platform. Compatible with multi-screen desktops. Options Trading Multiple option options for building complex option strategies. P & L and probability calculator. Customizable chain layout options. Viewing Greeks for each leg and implied volatility. Risk Management Get real-time alerts and identify priority issues. Customizable routing of orders and stop loss. Real-time margin calculation.

LOCAL INFO

Title: LocalCoin Token

Symbol: LLC

Timestamp Scheme: Delegated Stake Confirmation and Node Confirmation

Transparency: Open Source

Blocking time: 2 seconds Initial 1 LLC

ICO Price: $ 0.5 (USD)

FUND DISTRIBUTION

10% (10,000,000 LLC)
Air-Drop Automatically credited to the very first 100,000 registered accounts.

10% (10,000,000 LLC)
Bounty Program allocated to Bounty Community Participation Program

80% (80,000,000 LLC)
The public sale of the crowd is not the maximum distribution for investors through the entire mass sale without burning unsold 1,000,000,000 LLC Development team allocated to the development team (frozen by contract for 1 year)

overview

localcoin is an impressive project
In my opinion, at the height of the ico storm, localcoin is currently going seriously, and the proposed project is very good and interesting, very interested in this project. I take this project very seriously, even if they fit the road map

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