Contents
Overview of BOScoin
threes alternatives – credit creation through participation, democratic impact investments and
communization of certain assets to form a new ‘Public Financing (PF)’ concept to power better
capitalism, solving the
high interest rate problem in conventional project financing.
cryptocurrency that utilizes the blockchain, ontology language, and
timed automation technologies to solve persistent issues in
decentralized systems.
gathered over 2,000BTC (approximately 2 million USD) during a two month
period.
Blockchain
Encryption
Additional information such as the amount of coins issued, price at the point of issuance, allocation of issued coins, and distribution of profits further inform BOScoin participants.PF items are initiated on the Congress Network with the purpose and expected effects of the project.Project financing governance systems are handled through the Congress Network.The item is voted on the Congress Network using BOScoin’s fully homomorphic encryption technology which allows anonymous, equal voting while Preventing Sybil attacks.
Network
Discord in the foundation grew higher as the Mainnet development came closer to completion, the foundation demanded that BlockchainOS handover intellectual property, assets, control over the domain which the BOScoin services operate and ownership of the web servers that the blockchain network runs on.Immediately after completing the initial coin offering, one foundation board member had personally taken hold of 6,000 BTC which amounted to almost the total fund that was raised through the initial coin offering and BOScoin had to exhaust many resources to recover the funds.The background of BOScoin’s call for a decentralized foundation is because the foundation suffers from chronic issues continuing from early stage inappropriate fund management and potential security threats rising from inadequate demands for technology transfer.
Support
BOScoin is operated by the blockchain expert group of BlockchainOS Inc..Block ChainOS Inc.BOScoin is a group of people who want to change the world based on the BOScoin platform, which combines
software engineering, financial engineering and Smart Contracts technology.has been
growing together with the BOScoin’s ICO since.In particular, we are trying
to implement the decentralization in the organization, which includes a blockchain technology.The BOScoin team consists of a development team, a marketing team, a PF team, a business development
team, a management support team, and research institutes.Workers from Korea, France, China, USA,
Netherlands, Russia, Taiwan and Singapore work together.
Transactions
Finally, the BOSCoin platform also has a feature known as the Byzantine Agreement Algorithm which allows for low latency transactions while also allowing for greater energy efficiency.Then there is the Incentive Scheme Together with the Issuance Plan which are used to create value for the coin while at the same time not incentivizing centralization of power.this platform does away with operational as well as technical issues that are very common when dealing with most cryptocurrencies.
What is BOScoin?
BOScoin is a self-evolving cryptography platform.The platform operates on trust contracts and decision systems called the Congress Network.
What is BOScoin?
BOScoin is a finance blockchain project to beyond capitalism in the most capitalist way.BOScoin offers
threes alternatives – credit creation through participation, democratic impact investments and
communization of certain assets to form a new ‘Public Financing (PF)’ concept to power better
capitalism, solving the
high interest rate problem in conventional project financing.
What is Public Financing?
Public Financing is credit creation by our community to accelerate the expansion of the BOScoin ecosystem.It is additional coin issuance for a specific purpose, and approved by the Congress Network.