Introduction #AIAScoin
We are quite familiar with Cryptocurrencies and have seen the inadvertent growth in the blockchain technology since the advent of bitcoin about a decade ago. Many industries and businesses are beginning to realize the potentials of blockchain technology, and are bringing to live remarkable projects, many of which are providing financial freedom, security, and privacy for the crypto enthusiast. Currently, successful cryptocurrencies provide simple peer-to-peer sending or exchange of digital assets and also serves as a vehicle for risky due to coin volatility yet highly profitable investments.
Despite the numerous potentials that exist and the larger opportunities that may surface in the future, several issues also humpers this technology which worth resolving before they can be utilized by mainstream consumers. This blog will review the AIAS PROJECT solely dedicated to solving the challenges of transaction speed, issue of fungibility, and ease of use of cryptocurrencies. #AIAScoin
The AIAScoin Project, what is it all about?
AIScoin is a blockchain-based peer-to-peer platform that allows easy and fast transaction speed and at the same time providing security, exchangeable, and transparency on the blockchain for users of the platform. Realistically, AIAScoin is a Private instant verified transaction fork. The AIAScoin, the basic solution to remodelling the cryptocurrency processing industry. The abstraction around this remarkable project is to provide cryptocurrency and blockchain enthusiast with a fast, private secured, peer-to-peer blockchain, and an automated payment processing system that can be implemented to into all websites that require it. Masternodes will be incorporated into the system to ensure the privacy and speed of transactions.
What problems in cryptocurrency does AIAS project seek to solve?
Blockchain technology is bound to several insufficiencies although, there are several advantages that come with this technology. I will review three problems which are of most priority to AIAS project. One of the problems that we do face in cryptocurrency has to do with the issue of transaction speed across the blocks. The disadvantage of the slow rate of transacting a block on the network is the higher power consumption which is undeniable. There is also the issue of fungibility for which most of these cryptocurrencies fails to portray this characteristic of a valuable asset. Also, in our daily lives, cryptocurrencies are not used by the masses and this has shadowed the potentials of cryptos.
What is AIAS’ solution to these problems we face in crypto?
AIAScoin will bridge these gaps in the cryptoshere by providing a blockchain-based platform with a Proof-of-Stake (PoS) consensus algorithm while applying masternode technology to provide privacy and fungibility. The #AIAS PoS provides additional security and efficiency to users, both merchants, buyers, and coin holders. The targeted markets are the payment processing niches where merchants can benefit from easy plugin installation and integration, in addition to payment processing security. The AIAScoin has several features beneficiary to all users which provide the community with an effective payment processing platform for transactions.
Features and benefits of the AIAScoin
1. Payment processor to ensure easy processing of payments between merchants and buyers. This set-up is envisaged to be fast and simple to use.
2.Easy Application Programming Interface also for integration into the merchants’ website. As a merchant, you only require no to little knowledge about programming. To link the API to your account and receive payments, the merchant registers and add the plugins into their website.
3. Fees for transacting AIAScoin is very low with maximum security due to the implementation of the PoS consensus.
4. Instant and easy cross-platform payment. The ability to create multiple access points for wallets allows the use of AIAScoin on different platforms.
5. The AIAScoin masternode technology will also provide fungibility for cryptocurrencies.
6. Decentralized and open source platform.
7. Swiftx with a fast transaction within seconds.
8. Fully anonymous
AIAScoin Masternode
To run a masternode will require that the user meets certain criteria. The masternode user must have a dedicated IP address free of evil with a minimum of 1,000 or more AIAScoin stored within the node and the user’s ability to stay connected at all times. 75% of block reward is entitled to each masternode on the AIAS’ network. All investors are welcomed to host a masternode on the platform an earn the benefits of hosting the masternode.
![PicsArt_07-30-07.28.45[1].png](https://images.ecency.com/p/gPCasciUWmEwHnsXKML7xF4NE4zxEVyvENsPKp9LmDaFv1Nq7DPuTHnqfpSFmBvSnjmdAqaehvZyy87GerR37SAHbxkD9LZArpvrjkkRqFBgBQdWy5AWsnwADiDU36GszLZvBTiz8MZWEJgqhG.png?format=match&mode=fit)
Why the AIAS Masternode?
1. Increasing privacy of transactions
2. Doing instant transactions
3. Participating in governance and voting
4. Enable budgeting and treasury system in cryptos
Relevant links to AIAScoin
Website: http://www.aiascoin.com/
Whitepaper: https://www.dropbox.com/s/0a8vkj4p1ibu7oj/AIAScoin-whitepaper-V01_01_final.pdf?dl=0
Telegram page: https://t.me/aiascoin
https://twitter.com/AIAScoin_team
DISCLAIMER: I am part of article writing group
Authorship: @steemramos
wallet address: ALZKKQWwRbnr9txbgnsCcNycJtAozx2Tyv