AIAScoin - the premier revolutionary project for cryptocurrency and payment processing industry

in #cryptocurrency6 years ago (edited)

Screenshot_4.png

Introducing you to the AIAS project

In the world of blockchain and cryptocurrency, it has been said that only crypto enthusiasts who can finally analyze the market or are day traders can earn huge from. Yes, that is right but that’s not 100% true!! Now to further emphasize the above statement, it is clear that there are several ways by which you can earn a profit and make a big time amount of money in the cryptosphere. Having these options at your disposal gives you no limit and so, the best thing is that you can choose the best way that works for you and can accordingly, adjust your reward taking into consideration the risk as well.

You may be very anxious wanting to know some of these options, but the truth is that you already know them. I will only introduce you to one more. In this era of the blockchain technology, one other way to earn a big is by running a masternode. This brings me to a very innovative project by AIAS Team. This article is meant to introduce you to AIAS project, enlighten you on the AIAS’ masternode, and how to be part and running the AIAS masternode of this great project.

What is AIAScoin? Class in session.

AIScoin is a blockchain-based peer-to-peer platform that allows easy and fast transaction speed and at the same time providing security, exchangeable, and transparency on the blockchain for users of the platform. Realistically, AIAScoin is a Private instant verified transaction fork. The AIAScoin, the basic solution to remodelling the cryptocurrency processing industry. The abstraction around this remarkable project is to provide cryptocurrency and blockchain enthusiast with a fast, private secured, peer-to-peer blockchain, and an automated payment processing system that can be implemented to into all websites that require it. Masternodes will be incorporated into the system to ensure the privacy and speed of transactions

Gain more insight into the consensus algorithm to be implemented in the AIAS platform

It might seem technical to you but very comprehensive. AIAS will basically rely on the Proof of Stakes (PoS) consensus mechanism. This consensus algorithm will be used to achieve agreement, and reliability on a single data among distributed processes of systems involving multiple nodes. In a blockchain platform consensus algorithm plays a very important role in attaining its key characteristics- "Decentralization".

This is the reason why AIAS’ team cannot execute this project without incorporating a consensus. In the AIAS blockchain, every transaction will be added into the system only after it is approved by all the nodes. AIAS’ team decided to implement this project on the basis of the PoS consensus algorithm because this system is usually immune to the problems of Proof of Work (PoW) algorithm. That means, miners who possess the greater number of coins of the AIAS network get to validate the transaction first. In effect, this system also solves scalability.

The AIAS Main Net

Currently, the Main-Net which is the functionality required for transferring digital currencies among senders and receivers on the AIAS platform is live. This was implemented after the test net proved to be a success. There is also the AIAS wallet which has been developed for all operating system including a web wallet, https://aiaswallet.com. If a user purchases and runs a masternode on the AIAS platform, the Main-Net explorer is available for users to calculate their returns on investment. The Main-Net explorer will also provide an update for all users of the AIAs maternode.

The AIAS masternode

PicsArt_07-30-07.28.45[1].png

AIAS cryptocurrency masternodes is a full node with computer wallets that will keep the full copy of the AIAS blockchain in real-time, and it will always be up and running. The AIAS Masternodes will soon be live and development is underway to allow for a ‘one-click’ set-up script; making sure that all masternode owners will have a simple task setting up their masternodes. To run a masternode will require that the user meets certain criteria. The masternode user must have a dedicated IP address free of evil with a minimum of 1,000 or more AIAScoin stored within the node and the user’s ability to stay connected at all times. 75% of block reward is entitled to each masternode on the AIAS’ network. All investors are welcomed to host a masternode on the platform an earn the benefits of hosting the masternode.

Why the AIAS masternode?
1. Increasing privacy of transactions
2. Doing instant transactions
3. Participating in governance and voting
4. Enable budgeting and treasury system in cryptos
Screenshot_5.png

Screenshot_1.png

Summary of AIAS project

AIAScoin is the premier solution to revolutionize the cryptocurrency and payment processing industry The basic concept of AIAS project envisage and revolves around a fast, private, secure, Peer-to-Peer (P2P) blockchain, and an automated payment processing system that can be implemented to all websites that require it. Masternodes will be incorporated into the system to ensure the privacy and speed of transactions for users and masternodes runners. See, join the AIAS masternode sales and earn big by running your own masternode. Check the links be low for more details about this project.

Website: http://www.aiascoin.com/
Whitepaper: https://www.dropbox.com/s/0a8vkj4p1ibu7oj/AIAScoin-whitepaper-V01_01_final.pdf?dl=0
Telegram page: https://t.me/aiascoin
https://twitter.com/AIAScoin_team

DISCLAIMER: I am part of article writing group

Authorship: @steemramos
wallet address: ALZKKQWwRbnr9txbgnsCcNycJtAozx2Tyv

Sort:  

Congratulations @steemramos! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!