3DCoin unveiling new frontiers in the world of cryptocurrencyThe premise that blockchain based technologies and cryptocurrencies hold the key to revolutionizing not just the banking industry but the entire world system of doing things is one that has validated itself in recent times. Globally adoption and usage rates of cryptocurrencies have skyrocketed to all-time highs in what many experts have described as the most disruptive financial event comparable to the internet revolution of the 20th century.
In this dense ecosystem of cryptocurrencies 3DCoin, a relatively new yet disruptively innovative cryptocurrency looks to take the already spectacular definitions of innovation, creativity and functionality in the world of cryptocurrencies to whole new level.
Autonomous Smarter Transactions3Dcoin is a peer to peer (P2P) decentralized cryptocurrency based on the security and system integrity of the Bitcoin and Dash source code paired with additional legacy features including but not limited to conditional transactions/smart contracts, cryptic protocols and smart scripts.
While conventional cryptocurrencies make banks and other financial institution more or less redundant, 3Dcoin goes a step further to obliterate the need for third parties and traditional escrow services in executing and fulfilling transactions. Embedded in the 3DCoin decentralized framework is an ingenious smart contract protocol, custom created to bear if, when, how conditions — that grants users the power and flexibility to implement preset conditions/transaction rules that must be fulfilled before a transfer of value (in the form of 3Dcoin) is processed.
Redefining PrivacyOne defining feature of cryptocurrency is the level of privacy it affords users. 3Dcoin leveraging on years of research and development takes the ambitious step to provide even more privacy and user security — it’s not just privacy when making transactions, it’s a holistic coverage that shields users with a cloak of invisibility as they connect, surf through and download information on the blockchain network.
3Dcoin merges legacy cryptic techniques with innovative coin blending protocols to deliver a genuinely impervious and failsafe transaction mechanism. While the traditional cryptocurrency still leaks out snippets of users data 3Dcoin is entirely anonymous and adequately buffeted.., to resist even the most ambitious attempts of third party intrusion.
Supernodes/ self-governing votesSpeaking on the current state of the Blockchain, CTO of BlockchainOS,aj Yezune Choi reiterated the need to address the decidability of blockchain based programs and the overall process of making and implementing decisions on Blockchain’s decentralized network; two issues that have plagued the older cryptocurrency models. 3Dcoin solves this through its incorporation of an innate self-governing vote mechanism that gives users (nodes) the power to deliberate, vote and effectuate sustainable changes to the currency’s framework.
To further accentuate the decision-making protocol 3Dcoin also packs a supernode function that is activated once a regular node commits significant resources to the development of the Districts ecosystem. A supernode operator collaborates with other nodes to fast-track and implement the best decision-making protocols.
Sub Tokens3Dcoin is a product of the thriving digital ecosystem that is Districts. Aside from its function as the intrinsic token (currency), it is also the factual backing for all asset-based sub-tokens in the virtual Districts world. These sub-tokens define the ownership and value propositioning of holdings on the district network, and in the case when it is issued to an external entity, in real life. Land tokens are a practical example of a sub-tokens based on 3DCoins and hosted on the Districts ecosystem; they define ownership of virtual land parcels created to host user defined buildings and 3Dimensional structures.
Support for asset-based digital sub-tokens means 3Dcoin is not just another cryptocurrency ‘created out of nothingness’ it is instead a real-world value based cryptocurrency that can function almost identically to traditional fiat currencies.
Launched in 25 Oct 3Dcoin is for a fact the first cryptocurrency based on a virtualized 3dimensional runtime environment. It is not just a self-existing cryptocurrency, 3DCoin is a core component of the composite Districts ecosystem; the redundancy afforded by the synergistic relationship between 3Dcoin and the Districts framework assures that the coin will remain valuable ad infinitum, regardless of all prevailing external factors.
As of Nov 1st 2017 3Dcoin’s market launch and presale already garnered over 625 BTC. This huge pre-launch investment volume highlights just how glistering the market potential and future of 3Dcoin is, only time separates this epitome of innovation and functionality from crypto market domination.