Swisscoinlab – Swisscoin Token, Swisscoin Crypto Currency Suisse

Nous fournir swisscoin token, prix, graphiques et swisscoin crypto currency info à swisscoinlab.ch. Est défini par un système numérique.

 see more :- https://www.swisscoinlab.ch/

SWISSCOIN
The most legally and financially secure decentralized ETH network
 
ABSTRACT

The intent of Swisscoin is to create a safe easy and profitable way to invest in cryptocurrency. Swisscoin is an Ethereum token, a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of the platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness. Swisscoin fulfills its objective by backing the value of each coin via the holding of CHF (Swiss francs) equal to a value of 25% of all proceeds generated by Swisscoin Lab from the sale of the tokens during the ICO and from pre-sales of token during the pre-ICO period, as well as from the sale of coins still held by Swisscoin labs post ICO (30%). The CHF currency base will be held in a segregated UBS account in the municipality of Zug, Switzerland and its value will be publically available. Swisscoin lab will also purchase BTC hashes with several mining companies (such as Hashing24.com) and reinvest half of all proceeds from these hashes into more BTC Hashes, thus generating a significantly valuable mining pool over time. The second half of all proceeds will go to purchasing a varied basket of the 5 major cryptocurrencies in existence and publically holding it in viewable wallets as further backing for Swisscoin. We estimate this activity will return between 100% and 500% per year depending on BTC prices and other variables. We expect the value of Swisscoin to rise accordingly and thus provide an intrinsicallyvaluable,hedgedentrypointintothecryptoworld.

INTRODUCTION

Satoshi Nakamoto's development of Bitcoin in 2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or "intrinsic value" and no centralized issuer or controller. It has proven to be so useful and desirable for investors that the value of BTC has risen from 0.05 cents in 2011 to 5555$ as I write this introduction in October 2017. But Bitcoin has one fatal flaw; it’s not backed by anything intrinsically valuable. It could go to zero overnight, thus keeping risk averse investors away. What Swisscoin intends to provide via the Ethereum blockchain is a fully backed cryptocurrency. Switzerland is the most welcoming country in the world when it comes to Crypto, the government there has already signaled it is willing to keep it legal and support its durable development; the result has been the development of a remarkable cryptocurrency ecosystem around the municipality of Zug, in the Canton of Zug, an area called “Crypto Valley”.

WHATISSWISSCOINBACKEDBY?

Swisscoin is backed by a security tranche of Swiss franc equal to 25% of all pre sales occurring during the fundraising period, from now until May 8th 2018. It is also backed by a fund of crypto assets composed of 55% BTC, 25% Ethereum and 20% bitcoin Hashes purchased from major cloud suppliers of mining power (Hashing24andGenesisMining).
As such, Swisscoin will be exchangeable against the nominal value of the fund (to be paid in the currency of your choice to any holder of Swisscoin by the fund) like oldpapermoneyusedtobeexchangeableagainstgold.

HOWTOBUYIT?

Swisscoin is sold directly on swisscoinlab.chfrom today until the end of the pre-sale fundraising period on May 8th 2018. You can buy it by credit card, Paypal, BankWiretransferorSwisspostalpayslip.

HOWTOSELLIT?

You can also sell Swisscoin directly via swisscoinlab.chto other people interested in the token, starting May 8th 2019 also directly to the redeeming fund and soon, onotherEthereumtokentradingplatformsaswell.
WHATTODOWITHIT?

Swisscoin can be exchanged against goods and services in many places already, and can also be traded against other crypto currencies directly on swisscoinlab.chbut it is mostly designed to serve as a reservoir of wealth and investment vehicle for people to get into the world of crypto without making too many beginners mistakes. It’s a beginner’s coin designed to appreciate rapidly andsecurely.

HISTORY

The concept of decentralized digital currency, as well as alternative applications like property registries, has been around for decades. The anonymous e-cash protocols of the 1980s and the 1990s were mostly reliant on a cryptographic primitive known as Chaumian Blinding. Chaumian Blinding provided these new currencies with high degrees of privacy, but their underlying protocols largely failed to gain traction because of their reliance on a centralized intermediary. In 1998, Wei Dai's b-money became the first proposal to introduce the idea of creating money through solving computational puzzles as well as decentralized consensus, but the proposal was scant on details as to how decentralized consensus could actually be implemented. In 2005, Hal Finney introduced a concept of "reusable proofs of work", a system which uses ideas from b-money together with Adam Back's computationally difficult Hash cash puzzles to create a concept for a cryptocurrency, but once again fell short of the ideal by relying on trusted computing as a backend. In 2009, a decentralized currency was for the first time implemented in practice by Satoshi Nakamoto, combining established primitives for managing ownership through public key cryptography with a consensus algorithm for keeping track of who owns coins, known as "proof ofwork





SWITZERLAND

GENERAL OFFICE
Address:
Metallstrasse 9B, 6300 Zoug
Switzerland
Phone: +41 21 312 27 67
Email: info@swisscoinlab.ch
Website: www.swisscoinlab.ch

GENÈVE
+41 78 828 45 83
info@swisscoinlab.ch

PARIS
+33 652 70 41 48
info@swisscoinlab.ch

LUXEMBOURG
+352 621 342 922
info@swisscoinlab.ch