Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Cumberland.Rupert on December 19, 2019, 07:57:07 AM
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At present, blockchain as a decentralized technical mechanism has a wide range of applicationscenarios and market potential. Although blockchain has entered a smooth period since the explosive growth in 2017, there are still problems such as conceptual confusion, technical performance constraints, smart contract constraints, consensus mechanisms, and network construction. In order to break the industry's drawbacks and put blockchain into the real business scenario more quickly, and build business practices based on the concept of decentralization, AlSC introduced token incentives.
In the ALSC ecological system, through the mechanism of rewarding the participants' effective activities token, the participants' subjective initiative and enthusiasm are better stimulated, and the value trust problem is solved by the blockchain decentralization and the open and transparent characteristics of the data, and the reliable data flow is closed.
"We have a content reward pool that rewards content and community building with 20 percent of the system's tokens, 15 percent of which is for quality content producers," David Lee, alSC's platform founder, said in an interview. Every day will pick out 20% of the high-quality content, let them get additional rewards, through the previous vote can effectively filter out good content, we also extra reward these high-quality content, that is to give high-quality content more motivation, 20% is the initial proportion, later is also can adjustable."
The ALSC ecosystem has constructed a new financial environment and business relationship, changed the concept of the market and completely upended the value flow and distribution model of the traditional financial industry. ALSC as the only means of payment in the ALSC ecosystem. For the business dealings of various participants in the ecology, through the form of smart contracts to achieve the circulation of ALSC, ALSC is not only a payment tool, but also an incentive means, ALSC's high circulation is a strong guarantee of high activity in the ALSC ecology. Compared with the Internet information distribution platform, without passing the credit intermediary platform, can directly reward investors, in the process, the platform can obtain income through dividends, but also avoid cheating such as brushing orders. These features have attracted the attention of ALSC, which has nearly one million users, according to media reports.
ALSC will build trust system based on blockchain, which will enable the financial industry upstream and downstream core institutions, trusts, funds, brokerages and related practitioners to form a consensus incentive system, so that ALSC ecological participants spontaneously to promote the prosperity and prosperity of the entire ecology.
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