LocalCoin – The Truly Decentralized Ecosystem for Trading Cryptocurrencies


Have you wondered what it looks like to trade on cryptocurrencies? Well, it isn’t a hard task after all, especially when you have a robust platform like LocalCoin at your disposal. It is a cryptocurrency exchange that conforms to the decentralization agenda, without compromising on the security of its users.

It would interest you to note that the many challenges that rock the crypto community most times, boil down to issues on crypto exchanges. For instance, the downtime or slow order/block confirmation is because some of the crypto exchanges are yet to have a functional network to scale transactions. The same scenario plays out in the security aspect, where users are scared of losing their assets and personal information (data) to the hands of hackers.

There’s no need to bother about all these issues. The LocalCoin blockchain is here to take away all the sorrows of investors in the current framework. In the stead, it introduces new features that would get those smiles back on your face and make crypto trading a fun-filled affair.

DEMOCRATIC DECENTRALIZED COMMUNITY

Now, you would recall that blockchain proposed the dissolution of centralized structures to replace them with the decentralized format. That was the primary factor that facilitated the launch of cryptocurrencies.

Amidst the control exerted by some cryptocurrency exchanges that negate the formulations of blockchain, we’re now set to experience a robust platform that would change the situation for good. The LocalCoin blockchain devised its platform to be decentralized and democratic at the same time. Through this approach, users can be able to share value and initiate transactions without interference from the platform.

SHAPING THE FUTURE OF DECENTRALIZED CRYPTOCURRENCY MARKET

Despite the volatility of crypto coins, there is confidence that the LocalCoin would bring back the shines to the almost neglected asset. The process of shaping the future of cryptocurrencies start with the introduction of a decentralized and organized platform that facilitates unity. It also takes it further with the use of smart contract technology to establish trust through the initiation of transactions on a peer basis.

DELEGATED PROOF OF STAKE(DPoS): THE HARBINGER OF DECENTRALIZATION AND SCALABILITY

It is no news that cryptocurrencies are currently having it rough. That is because of the delay in transactions and the number of hours it takes to produce new blocks. If you’ve experienced this, you would affirm that it is frustrating and costs more in the end.

I have good news for you. It is all over! Thanks to the LocalCoin blockchain, you’re confident of enjoying scalable transactions. It is possible through the Delegated Proof of Stake (DPoS) consensus algorithm. It has the responsibility of validation transactions in the shortest time possible. The algorithm also takes up the role of a digital democratic network that regulates the affairs in the course of transaction. Besides, it empowers every token holder to participate in the governance of the LocalCoin blockchain.

ROADMAP

ALLOCATION OF TOKENS

MEET THE TEAM




MOVING FORWARD: WHAT DOES THE FUTURE HOLD FOR LOCALCOIN?

The future doesn’t look bleak for the platform. Instead, the coming months and years would help in boosting the relevance of the LocalCoin blockchain. Already, the crypto community is taking note of its features and working templates and would in no time, adopt it for use.

USEFUL LINKS
Website: https://localcoin.is/
Wallet: https://wallet.localcoin.is/
Twitter: https://twitter.com/LocalCoinIS
Discord: https://discordapp.com/invite/vzxSzYN

AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759


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