INTRODUCTION
Barthor is a decentralized, open-source cryptocurrency with target on private, secured and fast blockchain for everyone. Barthor is a self-funded project of an independent community with a suitable strategy for fair distribution and successful mass adoption. No ICO, Barthor in advance give away all six million Coins from the genesis block as Token for free after the bounty programs distribute the Token, all Tokens will be changed into the Barthor Coins. The blockchain will have a secure and stable network of masternodes and stakers right from the beginning. This enables users to send their transactions privately and instantly.
MAJOR PROBLEMS FACED BY THE BLOCKCHAIN TECHNOLOGY
Securities: Before buying or selling an asset such as commodities, stock and debts one need a way to know who owns what. Financial markets achieve this with a complex chain of intermediaries, stock exchanges, central security deposits, compensation, and deposit banks. The different parts were built around an outdated paper property system.
Clearance and Settlements Systems: The fact that the average bank transfer has a duration of three days in liquidation have a lot to do with the way financial infrastructure was built.
Cross-border transactions and payments: Today Trillions of dollars are shared throughout the world because of the traditional system of additional fees and slow payments.
Fundraising: The fundraising through venture capital is a complicated process. Entrepreneurs planned and attend countless meetings with partners and send long negotiations on equity and valuation in the hope that they get sponsors and contributors.
SOLUTIONS PROPOSED BY BARTHOW TO THE ABOVE PROBLEMS
Securities: Block-chain technology is used to improve the structure of capital markets.By tokenising traditional securities such as stocks, bonds and alternative investments.
Clearance and Settlement Systems: Blockchain technology and distributed accounting can reduce operating costs and allow real-time transactions between financial institutions.
Cross-border payments/transactions: By eliminating the need for agents to approve consumer-to-consumer transactions, blockchain technology can allow fast payments at lower rates than banks.
Fundraising: Blockchain provides companies a secured access to direct liquidity by Initial Coin Offering (ICO) and develops a new cryptographic financing business model that shares access to capital from traditional financial services.
HOW IT WORKS
Base on findings most people prefer a constant price over a fluctuating one. According to the knowledge, this factor is essential for mass adoption. Barthor works out in a way whereby if You want to buy 5000 ads from Barthor Ads, If you pay with conventional cryptocurrencies, it can quickly happen that they lose a lot of value within a concise time so that it could cost you double or triple the amount of these coins. With the development of these portals and acceptance places that accept Barthor for at least 3$ or more, it is expected that there should be a very stable price. It is assumed that over time the price will be rarely below 3$.The profits of this platformswill be use to support the Barthor price on the exchanges to reduce possible strong price fluctuations.
FEATURES OF BARTHOR
Private send: Your financial information, activity history and balance are confidential. Keep it that way with Privatesend.
Masternodes: Masternode holders get rewards to secure the network and for providing essential functionality to Barthor.
Insta send: Transact with anyone, anytime, anywhere in the world in under one second with InstaPay.
The Proof of stake: The consensus mechanism is an energy-efficient way to secure the network. It enables coin holders to be rewarded for staking their coins.
BARTHOR WEB WALLET AND COIN
The Barthor Web Wallet will be an “all-inclusive wallet” for financial transactions, no matter on which device. The wallet allows merchants to accept Barthor as payment in their shops after the swap is done Barthor starts with its own Blockchain and the following Coin details, which are;
- Coin Name: Barthor Coin
- Staking Reward: 40%
- Genesis Block: 6,000,000
- Max Supply: 120,000,000
- Coins for Masternode: 10,000 BRC
- Masternode reward: 60%
- Block Reward: 100 BRC
- Block Time: 1 Min
TOKEN DISTRIBUTION
300.000 Stable Masternode Network
4.000.000 Telegram Bounty Bot
1.400.000 Social Media Bountys
300.000 Team (Marketing)
CONCLUSION
With Bathor the need of an intermediary or a third party is eliminated, no need to trust third party anymore. Fast, secure and anonymous can be paid and even create good opportunities for an extra income by mining, staking or master node rewards.
Barthor aims to make itself available to everyone as a cryptocurrency and as a fast and anonymous method of payment. It offers financial security for everyone.
USEFUL LINKS
Website — https://barthor.com
Whitepaper: https://www.barthor.com/wp-content/uploads/2018/10/Barthor-whitepaper-version-1.pdf
Telegram — https://t.me/barthoroffical
Telegram ANN — https://t.me/Barthor
Telegram: https://t.me/BarthorBountyBot
Twitter — https://twitter.com/BarthorOfficial
Facebook — https://facebook.com/BarthorOfficial
Authors Username: Elmichaels