Tag Archives: research

White Paper Review – VSYNC VSX

White Paper Review – VSYNC

Recently, I read the VSYNC / VSX white paper. This is a pretty interesting project and I thought I’d do a quick review of the white paper. I’m not going to re-write the white paper, just highlight a few of the interesting points. I will include a link to the white paper at the bottom of the page for further research and review.  Nothing here should be construed as financial advice, just sharing the info I discovered in my research.

VSYNC is a privacy centric POS cryptocurrency based on BitcoinCore 0.15 & Dash. It is proof of stake and utilizes PoSv3. It also offers a masternode system using 100,000 VSX as collateral.To insure fast transaction times VSYNC uses SwiftTX for zero confirmation transactions.

The currency is governed by the entire community and not just masternode owners. Every single VSX holder has the power to vote.

For users concerned with privacy VSYNC plans on implementing the ZeroCoin Protocol, I2P, and the Dandelion Protocol for anonymous payments between parties.

For scalability and transaction capacity the coin will utilize SegWit, Elastic Block Size, and Lightning Network. Implemented with SwiftTX this insures a scalable blockchain, with fast transaction times.

The coin also looks to implement atomic swaps on the network to allow other currencies to be traded and the implementation of smart contracts.

I’ve been following this project for awhile now, and I really like the direction this project is heading in. In the spirit of disclosure I do own a small bag and have been a long time hodler.

The purpose of this post was just to outline some of the features of VSYNC and what the devs are planning on working on in the future. I found the white paper to be well written, and informative. The roadmap is well defined and posted at the end of the white paper along with many references for research.

This is a basic review of the white paper. For more detailed information you can find the white paper at the link below hosted on the VSYNC website.

White Paper: https://vsync.pw/Vsync_Blockchain_WhitePaper_v1.pdf

Website: https://vsync.pw/

Coin Market Cap: https://coinmarketcap.com/currencies/vsync-vsx/

 

The Dood Interviews Coooins.com

coooins website image

Screenshot coooins.com great place to research altcoins & ICO’s

BitcoinDood: Hi and thanks for agreeing to this interview. You recently sent me an email about your coooins.com project and after checking it out I was pretty impressed. Could you take a quick moment to introduce yourself and tell us a little about who you are and your relationship with coooins.com?

Coooins: I am Chris and I am the creator of Coooins. I am from California, I spend most of my time traveling and working now. I am a serial entrepreneur who has worked on various websites for the past 5 years. My last major website was HeadTalker which was a viral marketing platform that scaled to 100k+ users before being aquired by Newswire. I launched Coooins on New Years Eve. Coooins is a cryptocurrency data aggregation platform and portfolio tracker. You can research cryptocurrencies, ICO’s, subreddits, exchanges, Product Hunts, tweets, YouTube videos, and more!

BitcoinDood: I was most impressed with the amount of information available for traders looking to research projects. Tell the readers a little about coooins.com, and the type of information they can find there.

Coooins: Thats great to hear. Coooins is a platform that is aggregating cryptocurrency related data from many resources. The site is currently connecting to 9 different API’s and will be connecting to more in the future. You can currently research 1,500 coins, 2,000+ ICO’s, 80+ Exchanges, 60 popular subreddits, cryptocurrency producthunts, 100 influencers, related tweets, related videos, and much more.

BitcoinDood: The site is pretty new. When did the project go live and how has it been recieved by the crypto community so far?

Coooins: The site is 10 weeks old. I started doing marketing 6 weeks ago. Only a small percentage of the community has seen Coooins. The feedback has been positive most of the time. I have also got some constructive feedback on the site which helps improve the platform. There is so many amazing cryptocurrency websites, I will have to keep working hard if I want Coooins to stick out from the crowd.

BitcoinDood: It’s great having so much information in one place. Why should users of your website trust coooins.com as a source of good and reliable information? How is your data collected, and what insures its accuracy?

Coooins: Coooins is very new and has to establish trust within the community. Coooins gets most of its data from well establed platforms through their API’s. Its an intelligent decision for traders and investors to check multiple resources when researching.

BitcoinDood: The site has so many great features already. Are there plans to add any new features in the future?

Coooins: Yes the site is just getting started. It started as a side project and I have started to dedicate more time to it. A lot of the current features and data can be heavily improved so I want to spend some focus on that before adding more unique features.

BitcoinDood: The Dood really appreciates you taking the time to do this interview. I know you’re probably really busy and I just wanted to put together a few questions to introduce my readers to your terrific website. Is there anything you would like to add or tell the readers about that hasn’t been covered already?

Coooins: I appreciate the interview. To the readers: Check out https://coooins.com and feel free to drop me some feedback to improve the website.

BitcoinDood: I generally end every interview with the same last question. What are your thoughts about the future of cryptocurrency in general? Where do you see this all heading? If we had a crystal ball and looked specifically to see what happens to cryptocurrency, what do you think we would see?

Coooins: My Prediction: There will be a flippening from fiat to cryptocurrency within the next decade after a few major fiat currencies collapse. People will lose trust in the old system and run to cryptocurrency as a safe haven. Certain countries will adapt it before others and thrive. Technology companies will start launching ICO’s instead of going down the traditional IPO route. More and more vendors will start accepting cryptocurrency. Blockchain will play a big role in purchasing real estate. Stock markets will slowly fade away as new companies go down the token route. The web will change rapidly. We are heading from web 2.0 to web 3.0 where cryptocurrencies, decentralization, distribution, oracles, blockchain, and new technologies will be used.

 

Website: https://coooins.com
Twitter: https://twitter.com/coooinsdotcom