Technical vision for a blockchain system that can revolutionize the whole ecosystem of the blockchain industry.
Libonomy has landed a partnership with Coin Capital
As the year draws to an end it has rapidly gotten more and more exciting for us A successful introduction at testnet resulted in a launch at mainnet. The renowned Coinstelegram fund choose Libonomy to be the best blockchain startup company of the year and this landed us a signed partnership with Coin Capital.
Coin Capital, a company that helps facilitate transition from centralized to decentralized systems in this digital era. Coin Capital is regarded as being one of the world’s leading digital currency banks, hence this partnership being a major milestone for Libonomy – a newcomer to decentralized technology.
“I am excited to be helping lead the way in blockchain innovation with a project as groundbreaking as Libonomy.” – Armando Levy, owner of Coin Capital.
But, as exciting as it has been, we are not ready to call it a year just yet – there is more to come for Libonomy in 2020. In November and December, we will gradually release more updates for the blockchain itself including a SDK platform, smart contracts, decentralized exchange, multi-currency wallet and more exiting features. Furthermore, the most exciting part of the project, public offering and listing is still to come.
Libonomy Consensus Algorithm
Aphelion is the name of Libonomy’s consensus run by artificial intelligence; it introduces a new type of architecture as well as enables dynamic updates, enhances system’s security and ultimately improves scalability.
When nodes join the Libonomy blockchain system, the artificial intelligence engine runs analysis evaluating the data regarding their capability, speed of transactions and communication; all information is then combined to understand the nature of the nodes in the system.
Once the analysis is completed, the data is transferred to the algorithm which classifies the information and assigns each of the nodes to one of the four different pools:
- • Power Pool: the main pool where the transactions are verified and validated
- • Exploit Finding Pool: runs security checks on nodes to look for any issues with them
- • Audit Pool: assigned for the application of rules and regulations
- • Maintenance Pool: a pool for all the nodes that are not assigned to any other pool and are associated as a backup
Armando Levy, Owner of Coin Capital
“I am excited to be helping lead the way in blockchain innovation with a project as groundbreaking as Libonomy.”
Olivier Ouaknine, Partner at Coin Capital
“The cryptocurrency market has yet to encounter a project as powerful and promising as Libonomy."
Download Mining Software
Join the Libonomy network now! Simply download the light node software on your device, install it and start earning based on your contribution to the network. Quick and simple, you’ll be set up within minutes!