BLANTERWISDOM101

SEYBLOCK - The New Generation of Digital Era

Wednesday, November 14, 2018

Stellar is an open-source protocol for exchanging money or tokens using blockchain technology. The platform's source code is hosted on Github. The Stellar network can quickly exchange tokens including government-based currencies with 2 to 5 second processing times. The platform is a distributed ledger maintained by a consensus algorithm, which allows for decentralized control, flexible trust, low latency, and asymptotic security. It contains an integrated Distributed Exchange for the trading of assets called the SDEX.

Servers run a software implementation of the protocol, and use the Internet to connect to and communicate with other Stellar servers, forming a global value exchange network. Each server stores a record of all “accounts” on the network. These records are stored in a database called the “ledger”. Servers propose changes to the ledger by proposing “transactions”, which move accounts from one state to another by spending the account’s balance or changing a property of the account. All of the servers come to an agreement on which set of transactions to apply to the current ledger through a process called “consensus”. The consensus process happens at a regular interval, typically every 3 to 5 seconds. This keeps each server’s copy of the ledger in sync and identical.

Currently, the consensus mechanism used - called the "Stellar Consensus Protocol" is a draft IETF standard.

A purely peer-to-peer version of electronic cash scalable and friendly to use would allow online Payments to be sent directly from one party to another without going through a financial institution. We propose a solution to the scaling problem using the Stellar Consensus Protocol (SCP). It is an anonymous transaction and traceable. Our token also has a Forum where people can discuss our token. We also have a new platform which will keep you updated about our token.

Our vision is to provide the best Escrow service to prevent scams and provide people with better service. We choose Stellar for launching Seyblock since Ethereum has also a lot of troubles regarding Scalability.

SEYBLOCK

Decentralized Escrow System, Anonymous, Traceable Transactions and News Platform
Earn money by investing and providing service without any risk We are currently in contact with Exchanges. Stay in touch with us and follow our Roadmap


Features in SEYBLOCK

Over the Stellar Network happens the fastest transactions ever build on the Blockchain. 2 ~ 5 seconds and your payment will be on your wallet. A transaction on the network consists of one or more operations. Payments, offers, and fees are all examples of operations that could make up a single transaction.

If too many transactions are submitted, nodes propose the transactions with the highest fees for the ledger’s transaction set. The consequence is just 0.00001 xlm fee on the overall network. Less than both Ethereum and Bitcoin and with also a much better transaction speed.

Moving money across borders quickly, reliably, and for fractions of a penny never has been too easy. With Seyblock now we can connect banks, making payments and trusting people all over the world without worrying about double spending issues.

While Bitcoin and Ethereum are facing large scalability issues Stellar came across with a solution triggering one of the most impressive growth in the Blockchain industry. With the Stellar Consensus Protocol (SCP) Seyblock can accomplish.

Stellar uses industry-standard public-key cryptography tools and techniques, which means the code is well tested and well understood. All transactions on the network are public, which means the movement of funds can always be audited. Each transaction is signed by whoever sent it using the Ed25519 algorithm.

A conservative estimate of Seyblock 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 in sync with other instances of Stellar Core on the network.


Fast Transactions

- Cheap fees
- Worldwide transactions
- Powered by Stellar Lumens
- Secure payments
- Solving Scalability Issues

Profit Calculator


SEYBLOCK EXCHANGES

 StellarPort: XLM/SEY | SEY/XLM
 StellarXXLM/SEY | SEY/XLM

StellarTermXLM/SEY | SEY/XLM






SEY is a XLM based token listed on stellar port and its bounty is live join telegram group to get 100 SEY = 5.5 XLM



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Author: indopool
Link: https://bitcointalk.org/index.php?action=profile;u=875873
SEY: GASEBTBLCU2UVABZMW7JCHPSROER5427B634EDGNCQ7VH5EEFZTMYUH7
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