I/O Coin

I/O Coin

crypto_labb


CRYPTOLABB

Author:  https://t.me/crypto_labb


I/O Coin - description and analysis


Brief description and idea

I/O Coin is a highly innovative and secure cryptocurrency. It works perfectly with PoS Systems using less power making them friendlier to the environment as compared to the Bitcoin. The I/O Digital Currency was developed by a team of highly skilled professionals who are dedicated to improving the IOC to be the best and most innovative PoS currency in the market. This article features basic info about the I/O coin.

The Digital Crypto-Currency was first released to the market in July 2014. During its initial mining period or “Proof Of Work” period, over 16 million I/O coin was mined. Just like any other currency such as Dollar and Euro, I/O coin has a real world value, which is based on the latest exchange rate of the cryptocurrency. You can also earn interest from your I/O coins by putting them into your wallet and allow them to ‘Stake’ to help them secure network.


IOC Ecosystem

I/O Digital is the umbrella of the entire I/O Digital blockchain ecosystem / Platform being built.

I/O Digital Foundation is a not-for-profit organization that supports and develops software for the I/O Digital Ecosystem/Platform.

IOCOIN is the token/ currency (IOC). IOCOIN is its own blockchain and not an erc20 token.

Chameleon is the expansion to the I/O Digital Blockchain ecosystem that offers blockchain interoperability and smart contracts and will be its own blockchain.

DIONS (Decentralized Input Output Name Server) is the blockchain upgrade that will allow for additional features such as encrypted AES 256 messaging, data storage, data transfer, alias creation, registration, encryption, and decryption.


Social media

Features

Team

Listed exchanges


What upgrade will the DIONS bring?

Aliases - Users will be able to create and register aliases both public (decrypted), or private (encrypted). Aliases will be transferable to other users.

Data - Users can upload any type of file or document encrypted AES 256 attached to private key directly into the blockchain currently up to 1 file and 1 mb per address.

Messaging - Users can instant message directly with one another directly through the blockchain using AES 256 encryption for small fee. The new HTML wallet allows for easy access and interface to the messaging capabilities.


Reasons why IOC will to the moon…

  • There are no premine

I/O Coin had no premine, launched as proof of work coin in the beginning and after couple of weeks it switched to proof of stake. Looking at other project which had massive premine from the dev, sometimes as high as 50% coin, I/O Coin is more fair in coin distribution than most of other project out there. This also means that the risk of dev dump their coin is very minimal.

  • Low market cap

I/O Coin market cap is $13 million USD, so there are still plenty of room for growth. In comparison, there are scam coins with hundreds of million dollar market cap out there.

  • Fairly distributed
  • The dev identities are public

I/O Coin aims to be used as enterprise blockchain, where companies can build their DAPPS on top of it (Similar to Ethereum concept). It's critical that the team behind it are not anonymous to give it more credibility if you want it to be adopted globally.

  • The chart says so (Good Risk/Rewards ratio)

Here's daily chart of I/O Coin for the past 2 year

You can clearly see that between 30000 - 40000 satoshi is the accumulation phase. It's pretty stable and I think it's only a matter of time before I/O Coin shoot to the moon where it deserves to be.

  • DIONS (Decentralized Input Output Name Space)

DIONS are aliases for your address. So instead of random string of number and letter such as a6qrmFiwjxxX9ouo7pQUe7AUZ2BhdGGVB8. With DIONS you could have address such as your_name or your_company_name. I believe this is critical when mass adoption of blockchain technology finally happens, and company will definitely like this feature. As far as I know, no other coin had this feature.

  • Secure messaging

After DIONS release, I/O Coin will enable you to use one of its cool feature: Decentralized secure messaging. I've seen the demo from the dev and it's really cool. I couldn't help but compare it to Status network, which also offer decentralized messaging apps. If status manage to get $150 million market cap, I don't see why I/O coin couldn't also reach that level.

  • You can store data in the blockchain

The IOC Blockchain can carry up to 1MB data storage per 60 Second blocks while maintaining 2MB size blocks per IOC tx, for up to 2MB Blocks, 30X more transaction capacity than Bitcoin and Ethereum.

With this feature, you can store wills, trust, intellectual property, Public Alias and Identity registration, transfer of ownership etc.

In sum

IOC will be grow in price for next year and could make x20 - x30.

So research yourself before making any decision, and to the moon!


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