LARGOCOIN - A REVOLUTIONARY TOOL FOR A BETTER CRYPTOCURRENCY EXPERIENCE. by ezeukwu

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· @ezeukwu ·
LARGOCOIN - A REVOLUTIONARY TOOL FOR A BETTER CRYPTOCURRENCY EXPERIENCE.
![3jpR3paJ37V8JxyWvtbhvcm5k3roJwHBR4WTALx7XaoRovaL6tMsDHY8SQ8d11UvCcma3WQqw1yXeZJe6njQpCNGdFfn9PYiS57p9gLtxTcmp3N7apYS1No1qv.jpeg](https://cdn.steemitimages.com/DQmNeASJ8HtVSqZV479id3YNJKEHvPs31GjiUHBtFXJpLtq/3jpR3paJ37V8JxyWvtbhvcm5k3roJwHBR4WTALx7XaoRovaL6tMsDHY8SQ8d11UvCcma3WQqw1yXeZJe6njQpCNGdFfn9PYiS57p9gLtxTcmp3N7apYS1No1qv.jpeg)

In a world where transaction between individuals is an everyday experience, where there is some level of interdependence in the general market,buyers and sellers alike, and intermediaries relying on one another for survival and to attain optimum performance, the need for a reliable and efficient system of transaction has become a definite necessity.

 In order to eliminate the complications in trade and traditional financial system, the cryptocurrency was introduced. It is a financial system that involves the use of digital coins or tokens to make payments either for goods purchased or for services rendered.It is a tool of trade that uses strong cryptography to verify budgetary transfers and control the production of extra units.

Unlike the traditional system where individuals can see, touch and transact with real life assets like stones, metals and other resources,cryptocurrency leverage the blockchain technology to provide a more effective payment method characterized by the use of digital tokens and smart contracts to facilitate trade on a p2p level.

 Despite the inception of cryptocurrency system making waves within the global economy, it is still considered to be at a very infant stage as it is yet to attain global adoption, meanwhile the cryptocurrency market even with its amazing features still face a number of issues that has hampered its global adoption and operations. They include

- High transaction fees

- Lack of security

- Low level of trust in transacting with off chain assets

**Nevertheless, there is a solution for these prevalent problems in the crypto ecosystem.**

**UNVEILING LARGOCOIN**

![IMG-20200806-WA0036.jpg](https://cdn.steemitimages.com/DQmSwcAiPqivuS5Bz6TmVSGy3MdZzU5jQTJQ1DQkLRQn4ry/IMG-20200806-WA0036.jpg)


 LARGOCOIN is a unique product of the largo platform. Largo platform is a decentralized insurance system developed on the blockchain technology which utilises largocoin to address the issues threatening the smooth adoption and utilisation of cryptocurrency.

It is a symbiotic off and on-chain system developed to solve the problems of unvalidated deals and insecure transactions, curb centralisation and give back asset control to participants.

By adopting LARGOCOIN, users are guaranteed swift and transparent transactions, secured deals as well as low transaction charges which has threatened the crypto ecosystem for some time.

**What exactly makes this system outstanding?**

**CONSENSUS ALGORITHM(PoS)**

Previously, proof of work (PoW) has always been the most adopted consensus mechanism, unfortunately, it has a quite wasteful design especially resource- wise, individuals tend to invest heavily on mining tools coupled with the amount of electricity consumed on the course.

In order to curb this wastage, this platform deploys the proof of stake(PoS) consensus algorithm which is an upgrade from what was obtainable before, here a crypto holder is chosen to validate blocks on the basis of the amount of coins he stakes.

**MASTERNODE SECURITY**

 Unlike the other regular nodes used by different platforms, the masternode security performs much better when it comes to security on the network. Aside from storing up the full copy of the distributed ledger, the masternode also performs special functions including the increase of transaction privacy, governing and voting as well as enablement of instant transactions. 

With this security measure, the largo platform intends to give its users maximum security and better their experiences within the ecosystem.

**LARGO WALLET**
In order to foster a more peer to peer transaction system, largo platform has successfully launched a unique, modernized and multi platform software called the largo wallet.

This software is a modern digital token wallet with an easy to use interface to enable old and new users to properly navigate and transact in the ecosystem. It is made available in desktop, mobile and web versions. To largocoin holders, this wallet ensures convenient use, swift and easy transfers, security and total financial control.


![2FFvzA2zeqoVJ2SVhDmmumdPfnVEcahMce9nMwwksSDdRvRmjiSUojYBBoRYE24deJFRjnzKs6yQ6aTrTKhKUjMso9jQ8dvMszE9a2wqM8MScQHyyBHqxJA2Red.png](https://cdn.steemitimages.com/DQma58EQHjkyNf8adAHyPu1cSdDvgFFBLbySRnwc7tc5bmh/2FFvzA2zeqoVJ2SVhDmmumdPfnVEcahMce9nMwwksSDdRvRmjiSUojYBBoRYE24deJFRjnzKs6yQ6aTrTKhKUjMso9jQ8dvMszE9a2wqM8MScQHyyBHqxJA2Red.png)


CONCLUSION

LARGOCOIN is the one stop cryptocurrency/platform for new users and crypto enthusiasts who intend to thrive in trading and have an overall rewarding experience in the ecosystem.

By adopting this system, users are assured of transparency of transactions, security of assets, as well as swift and instantaneous transaction execution.


USEFUL LINKS
Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Twitter: https://twitter.com/largocoin
Facebook: https://www.facebook.com/LargoCoinPublic
Medium: https://medium.com/@largocoin
Reddit: https://www.reddit.com/r/largocoin/

AUTHORS DETAILS
Bitcointalk username- Kakal
Bitcointalk Profile- https://bitcointalk.org/index.php?action=profile;u=2767315;sa=summary
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properties (23)
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