[ANN][Pre-ICO] WEECOIN: AN AUTONOMOUS PEER-TO-PEER PAYMENT NETWORK

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WEECOIN
AN AUTONOMOUS PEER-TO-PEER PAYMENT NETWORK
Joint academic project from UNSW, UT, SUT, SU, and MCU universities (Australia & Iran)

Abstract � So far, a vast number of decentralized payment systems have been introduced around the world, some of which attended by people and even businesses. These systems operate on the basis of the proof-of-work (PoW) or proof-of-stake (PoS) algorithm. In practice, the concept of decentralized control in both of these algorithms is undermined by the possibility that systems are dominated by particular miners or stakeholders. This is in addition to scalability shortcomings and price instability as almost all of them experience a high level of price fluctuation and low transaction rates. These issues not only cause financial losses to the owners of currencies, but also challenge the ever-increasing use of digital assets. Weecoin is a peer-to-peer and totally decentralized payment network, in which the price stability is controlled through an artificial intelligent approach based on a novel type of coin production mechanism and rewarding algorithm named Proof-of-Contribution (POC). Security and transaction approvals are provided by miners that work under a Self-Group-Supervised (SGS) consensus algorithm which enables them to monitor each other's outputs so that the system is never dominated by particular miners, even in opposition to quantum computing. Furthermore, the network employs a version of quadratic sharding that increases its scalability to roughly 100,000,000 transactions per second. System provides great profit and applicability for both individuals and businesses. Three groups are rewarded in the network; Stakeholders, Miners, and Businesses. For more information, please download and check the files below:
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Note: Anybody is welcome to translate the project's documents for their local languages and also to be nominated as Weecoin representative in their countries, provided you have a strong LinkedIn profile showing your relevant expertise. Instead, you will be compensated with a satisfactory amount of Weecoin charged directly into your account. In addition, everybody can benefit from our generous affiliate program including 20% in Weecoin or 12% in Bitcoin. Go ahead then.

Contact us: [email protected]

SOCIAL LINKS
Twitter: https://twitter.com/Weecoinofficial

Telegram https://t.me/joinchat/AAAAAEwbnm8fAy1BPBgXwg
Reddit: https://www.reddit.com/r/WeecoinOfficial/
Linkedin: https://www.linkedin.com/company/weecoin/

Created by Neekel
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https://bitcointalk.org/index.php?action=profile;u=1360078

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