WHAT IS YAYPROTO?
Bitcoin has brought a new desire in the modern world of the Internet to bear the info by the 3rd party. Info delivered 1x between entities still do not switch and can not be subject to unauthorized modifications.
Bitcoin is the first iteration of this technology. Finally, Etherium enhances the idea of blockchain within the framework of smart contracts. Blockchain technology remains on the way to change, and the near future we look forward to ever greater changes and innovations that will also change the system of beliefs that exist in the network, and then spread into our daily lives.
In the end, it frees us from the many regular jobs that use the moment of value. Unlimited info exchanges will arrive with distributed network help from the same participants as. The system period stands alone from border, country side, government, company.
YayProto is the world's first versatile binary protocol created with decentralized knowledge. Versus beta SDK to create mobile app (iOS / Android) ready to be spread based on wish. The desktop SDK will also be publicized as soon as possible. Small limitations may be done. Bug reports are welcome.
Protocol
Block YayProto is a cooperative ledger that can change the conditions, done by licensed nodes and confidence, and can handle several thousand or several tens of thousands of transactions per second. This reaches this kind of thing by executing an on-client contract and verifying ultimately with a 90% consensus algorithm in the creation of each new block. Blockchain does not need to put a complete history of all transactions, because it can be stored on the side chain by the actor who is responsible for doing so.
End-to-end encryption (ECC)
End-to-end encryption guarantees that data is firmly transferred between end points. Usually, end-end encryption procedures include some form of special endpoint verification to avoid MITM attacks. For example, one may delegate the authority of the warranty or confidence nets.
An alternative technique is to generate cryptographic hash (fingerprint) based on a common user key that communicates or a secret key with. Some parties compare their fingers using out-ofband channels that bear the integrity and authenticity of communication (but not necessarily confidentiality), beforehand start their conversation. When the fingerprints fit, there is a theory, no man in the middle.
Time is shown for human control, fingerprints are generally encoded into hexadecimal strings. This string is then formatted into groups of distinctive features for easy reading. In the YayProto issue, the public key will also be stored in the blockchain as well as each network participant can check the authenticity of the button, to avoid MiTM attacks.
Features:
- Built-in messenger
- Built-in p2p of the money transfer crowd as well as the loan base
- Purse
- Software tools for developers to create unique and interesting products and services that match the daily lives of billions of people
Distribution of Token
Currency received: ETH, BTC
Token exchange rate: 1 ETH = 7500 YFH 1 BTC = 75000 YFH
Number of tokens per one person: unlimited
Number of minimum transactions: 1 ETH, 0.04 BTC
Maximum transaction amount: unlimited
Tim YayProto Farid Amrahov (Founder & CEO) Managing and operating a number of IT related businesses. Has a strong business development background . Responsible for determining YayProto's vision. Jamil Abdullayev (Co-founder, CTO) Professional with 17+ years experience in IT and telecommunication industry. Working at a number of leading IT companies where he leads most of the prominent IT projects.
More info:
PRE-IСO [12 February, 2018 - 26 March, 2018]
IСO [23 April, 2018 - 28 May, 2018]
Twitter: https://twitter.com/YayProto
Facebook: https://www.facebook.com/YayProto
Telegram: https://t.me/YayProto_ICO
YouTube: https://www.youtube.com/channel/UC17nf13s9jPvcwCKuNjTUsQ
Whitepaper: https://ico.yayfon.com/whitepaper
Website: https://ico.yayfon.com
Author : pathi87 (https://bitcointalk.org/index.php?action=profile;u=1168550)