What Is TongTongCoin?
TongTongCoin is a blockchain-powered crypto coin that is designed to reduce the transaction fees for the current payment systems. It will cut costs for cash, credit cards, bank charges, online remittances fees, and facilitate the creation of payment gateways and remittances. The blockchain is a technology that offers a lot of potential to the world.
How TongTongCoin Blockchain Crypto Payment & Remittance Works
Tongtongchain is confident that the blockchain will help users to trust each other and lead to the creation of an ecosystem based on the need for collaboration. Tongtongchain will be modularized to ensure that it can use smart contracts and digital coins.
The creators also intend to come up with the Sandbox, which can be used to monitor the transfer of crypto and the running of contracts. Using Sandbox, the creators can ensure that smart contracts are stable and the transfer of value is safe.
This platform will also support DApps that can be used for various purposes such as making small payments, point replacement, credit info management, file management, P2P remittances and much more. Besides that, the DApps will be able to support protocol for the interactive exchange of value.
The safety of this network is essential on all blockchain platforms. When you think about the dispersibility and expandability of the blockchain, the potential for uncertainty can be quite high. The Tongtongchain is based on LVM (Lua Virtual Machine). This ensures fast processing will low defects.
Though Proof of Work helps to secure the Bitcoin network, there are numerous strategies, which miners can use to control 51% of the network. Besides that, this type of security requires a huge amount of power. An alternative to the PoW security is the Proof of Stake (PoS).
PoS is secure than PoW if there are enough holders. The Tongtongchain has opted to utilize the RDPoS (Result Delegated Proof of Stake). This ensures that there is better security in the network. Besides that, Tongtongchain comes with the Sandbox Mechanism, which ensures that all smart contracts are tested and verified. This ensures that the safety of the platform is assured at all times.
To solve the issue of non-interchangeability, upgrading, and forking have become effective methods for developing blockchains. When a fork occurs, the main chain and many other chains are created.
Convenience Of Use
The data is presented in a visually pleasing manner, there are better smart contracts, transaction monitoring, and much more. Besides that, the development of DApps is quite easy. This blockchain also supports many programming languages such as C++, Java, Lua, and many others. This will ensure that a wide array of developers can help in the effort to develop DApps and maintain the ecosystem.
TongTongCoin TT Token ICO Details
- Token: TTC
- Private-Sale: May 1, 2018 – May 31, 2018
- Bonus at private-sale: 15%
- Minimum purchase at private-sale: 500,000 TTC
- Pre-sale: June 1, 2018 – June 30, 2018
- Bonus at pre-sale: 10%
- Minimum purchase at pre-sale: 50,000 TTC
- Total tokes at pre-sale and private-sale: 500,000,000 TTC
- Public Sale: July 1, 2018 – July 31, 2018
- Bonus at public sale: 5%
- Minimum purchase at public sale: 5,000 TTC
- Price: 1 TTC = 100 KRW
- Accepting: BTC, ETH, XRP, LTC