Oh I forgot we had a
whitepaper, lets evaluate it
While Bitcoin has been gaining adoption and usability since its introduction as a viable commerce agent, it has been hampered by an inherent flaw. To complete a Bitcoin transaction all parties in the agreement must wait for outside confirmation through the blockchain for the validity of the transaction to be accepted. This vital step in the exchange of monetary value can take between 10 and 30 minutes to complete.
HashCoin solves this inherent flaw by introducing Transactional Immutability into the backbone of the currency. HashCoin’s Transactional Immutability places a transactional lock upon a transaction, which is immediately receipt-affirmed and then passed into the PrimeController swarm network for block confirmation.
Nope.
The Controllers on the HashCoin network are the backbone of the system which enables Transactional Immutability to occur and be confirmed within a near-instantaneous response timeframe. Controllers exist in the peer-to-peer network to assist in the speed of the transactional locking that occurs as part of the Transactional Immutability capabilities of HashCoin. These Controllers interact with HashCoin client nodes in a swarming peer-to-peer environment and receives instructions and verifications through the Prime Controller that presides and protects the integrity of the network and blockchain.
Nope. Seen no immutability.
First, the Prime Controller exists to perform archival functions on the HybridFlex Blockchain. Second, the Prime Controller exists to provide the swarming Controllers and the HashCoin client nodes with the reconciliation instructions for all verified and confirmed transactions.
Nope. What on earth is a swarming controller?
One of the problems of creating a near-instantaneous verification of transaction within a blockchain requires either the block generation time to be substantially lowered, which greatly enhances and bloats the size of the blockchain, or to provide a new solution to Bitcoin’s current confirmation delay. One solution is the new HybridFlex Blockchain woven into the network of HashCoin.
Nope.
P-o-T-V Silo #1 - ⅓ of ICO is established in a fund that supports the adoption and integration of the coin across the extended ecommerce ecosystem.
P-o-T-V Silo #2 - ⅓ of ICO is a supportive reserve block of fiat currency to guarantee the exchangeability and redemption of the HashCoin with merchant and exchange partners.
P-o-T-V Silo #3 - ⅓ of ICO is utilized to support the HashCoin community with research, development, and expansion of data centers and custom asic miners to provide coin holders with a simplified route to purchase additional hashing and mining capability at or near cost.
Wonder where the silos went.
