Proof of Toss Project

larrybsbs (11)in #cryptocurrency • 7 years ago

Proof of Toss is a platform that focuses on providing betting services, which use Blockchain technology as the basis for its development. Proof of Toss provides users with a more relaxed and more user-friendly betting service. The proof of Toss will run using a decentralized system, which runs on a P2P network. Proof of Toss will be a solution related to the problems facing the betting industry today.

The Proof of Toss is developed using directly integrated resources and systems, which use the revolutionary Blockchain technology as the foundation of the Platform. The team of Proof of Toss comes from a team of experienced and professionals in their field. Proof of Toss provides users with a better betting service, using a transparent and secure system. The betting ecosystem created by Proof of Toss, allows users to gain more profit with a lower risk of loss. Every transaction made by the user will be secured through P2 network and Blockchain technology. The Proof of Toss also uses an intelligent contract system that will record every transaction made by the user, and store it in the Blockchain ledger.

Users can directly view and track transactions that they make, so Proof of Toss runs transparently and is trusted by the user. In addition, the Proof of Toss will run using a decentralized system, which will be highly transparent and less fraudulent. The Proof of Toss also complains a token named TOSS, which can be used by the user to transact or trade on the exchange. By using this token, users can directly transact quickly and at no additional cost. Proof of Toss could provide better opportunities because the Proof of Toss does not require third-party costs and is lighter in the cost of the company. Proof of Toss also issued a digital wallet that can be used by users to store and send their digital assets quickly and safely. Proof of Toss will be a platform that provides users with a better and more secure betting service and becomes a solution to the problems facing the betting industry.

Why Blockchain
The blockchain is a public, distributed ledger of all transactions in a given system. It constantly grows as completed blocks (transactional information) is added to it. These blocks are built in a linear and chronological order through cryptography. Being a public system, information stored on the blockchain is readily available to all users; anytime, anywhere. However, its distributed nature ensures that this information is tamper — proof and immutable. The blockchain is rapidly permeating global economic systems — lowering costs, reducing risk, enhancing efficiency, and ushering new — found levels of trust through disintermediation of services. One sector that is being revolutionized by this emerging technology is the financial sector. The advent of blockchain technology has shed light on a lot of transactions through direct peer-to-peer transactions, bypassing traditional intermediaries. The global financial system is enormous, requiring massive coordinated manpower and resources just to process a single transaction. Intermediaries are always required to send, receive and verify transactions, resulting in a slow and cumbersome process. These are often, more often, targets of fraud and fraudulent activities which have resulted in very restrictive regulations being instated and overalls higher costs for everyone. The global financial crisis of 2008–09 — the worst economic disaster from the Great Depression of 1929 — brought untold hardships to millions all over the world and a credit crunch that we are yet to recover from. Global economic growth is yet to return to the rates it saw before the financial crisis. Most companies have been forced to restructure and lay off workers; unemployment rates are still too high. Blockchain’s elimination of third parties and immutability is facilitating a paradigm shift towards a more secure, transparent, and decentralized banking system that firmly places control back into the hands of the users.

In Conclusion
Proof of Toss believes that with a solid and dependable team and system, Proof of Toss can provide Users, a secure and transparent betting service and provide users with a variety of advantages and ease in every activity they perform in the betting industry. Team Proof of Toss also believes that with a systematic and professional development, Team Proof of Toss can build a better platform than similar platforms.

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