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Tachyon (TYX) is a cryptocurrency designed to complement Ethereum
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PRESENTATION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Tachyon (TYX), a cryptocurrency designed to complement Ethereum has arrived.
Tachyon (TYX) is a cryptocurrency designed to complement Ethereum. Named after the hypothetical particle said to be faster than the speed of light, Tachyon aims to be an accessible token for tipping & micro-transations. With the Ethereum network rapidly growing, Tachyon hopes to be the light-fuel for the future’s informal digital economy. With the Ethereum network rapidly growing, Tachyon hopes to be the light-fuel for the future’s informal digital economy.
Tachyon is one of the cryptocurrency digital money which is essentially built using blockchain technology. Tachyon uses this blockchain technology because this technology has the ease of access and this technology also makes it easier for users to conduct peer-to-peer micro transactions, in this case Tachyon focuses on access performance that is very easy, fungibility and everyday uses. Tachyon aims to be one part of ethereum that uses smart contracts based on ERC-20 which will be useful as tipping and running micro transactions, Tachyon can also be regarded as crytocurrency complement ethereum.
What I know, at this time network technology Ethereum has millions of fans all over the world and developments are increasing every year, this is the biggest technological breakthrough that will gather all investors to invest in it. Thus Tachyon is present to complete Ethereum. The hope of Tachyon is to make light fuel for the informal digital economy in the future.
Reasons for the Project
Movements that produce increasingly developing ecosystems and their development continue to increase over time. Movements that can be seen from the proof of work to the stock proof system. However, if seen from the expansion, it is very possible to hold the need for go-to tokens as micro transactions. Everyone needs a very small fraction because the price of ethereum is already very expensive. So it can be concluded that Tachyon will be very much needed by large investors to be able to buy more with less money.
This will cause significant problems because Ethereum has different usage cases when used in decentralized smart contracts, payments and applications.
Some problems will be found and this problem is very significant because it has differences in each member when ethereum functions as a smart contract, decentralized payment or application. In this section the function of ethereum itself is not a currency but Ethereum is used as a gas for networks. The currency will also decrease when this ethereum network gets bigger and in the end there will be a lot of tokens that appear to meet the needs of currency functions in a timely manner, the more tokens created by the erc-20 ethreum network, the more payments will be entered ethereum network access.
Why Use the Name “Tachyon?”
Giving names to these tokens is a very appropriate one, with the name Tachyon (TYX) will give a tip along with a very small transfer when you want to transfer to one of your friends in this world. By focusing on accessibility that is very profitable for investors because it has the latest aspects of all coins available. Tachyon means it can be called an introduction that is very remembered for everyone when they access payments in the digital economy, this is included in the forum of websites that have chat facilities and so on.
Based on the Greek word “tachys” and if interpreted as “fast” tachyon is a speed that cannot be compared to any speed including the speed of light. Tachyon has a hypothetical postparticle. Indeed this speed is very impossible but that is the reality. Someone needs zero times to equalize the speed of light. Thus to defeat the light must have particles that are negative.
When will Tachyon be released?
The release of the Tachyon tokens will be held in the coming week. the TYX symbol makes it easy for all members to remember the Tachyon tokens. in this release there will be many tokens that will be distributed through the airdrop program, you will get it if you join the program. this is a token that runs on smart contracts so to get it you have to use an Eth-based Eth wallet.
TACHYON LONG TERM VISION
✓ Tachyon Network running as a second layer atop Ethereum
✓ Accessible payment rail for micro-transactions with merchant support, including TYX-for-fiat
✓ Instant TYX-to-ETH conversions (or vice versa) in one’s own Tachyon Wallet
✓ Anonymous transaction functionality
✓ Wide array of site plugins for easy TYX tipping
✓ TYX-based platform for micro-tasks & TYX faucet
✓ Vibrant, engaging dev community
✓ Strong brand recognition
FEATURES OF TACHYON
Tachyon (TYX) is an ERC-20 token built for the Ethereum network created to facilitate tipping and micro transactions. An ERC-20 token standard allows for the transfer of value between two parties on the Ethereum network. What sets Tachyon apart from other projects is that it is exclusively a digital currency with an improved strategy of adoption.
Accessibility : TYX aims to be the de facto tipping and micro-transactional token on the Ethereum
network. As such, it strives to not only be in as many wallets as possible, but being a currency, it must also be on as many exchanges as possible to ensure liquidity.
Fair Distribution Token Parameter : The wide spread of our token distribution means that our distribution will be fairly placed in as many hands as possible to maximize its use-case. A parameter is built with the ERC-20 standard to integrate the non-ICO distribution model with Tachyon.
Fungibility : The fungibility of Tachyon is one of our highest priorities so that it can exist as a usable
currency. Near-instant conversions to ETH and fiat, ample exchange listings, payment plugins, and a sleek light wallet for transfers are all on the long-term agenda for the Tachyon project.
Tested Code : In April of 2018, a BatchOverflow Exploit was found on many Ethereum tokens which
caused some exchanges to temporarily halt all ERC-20 token deposits. The exploit allowed individuals
to mint additional tokens which effectively ruined the supply. Although this exploit was fixed, Tachyon
will make sure that, unlike some crypto projects, the code for TYX is bug-proof and rigorously tested
come TestNet. The code is also light to ensure the fastest transaction speeds on ETH.
Integration : Tachyon’s goal is to be an umbrella cryptocurrency for a host of tipping widgets and
payment processors that can be easily integrated into existing sites, chatrooms, forums, and small marketplaces.
Memorable : Let’s face it, a tipping token that rests on use-case and social media exposure must have a memorable name and brand. Tachyon has both of these working to its benefit.
The Tachyon Network : Starting as an ERC-20 token, Tachyon will migrate to its own MainNet blockchain network in 2019/2020.
We plan to carry out the Tachyon (TYX) distribution as follows:
- A total of 60% of the entire circulating supply (299,792,459 TYX) will be distributed in a series of campaigns, tasks, promotions, bountie sand others.
- 5% of the total circulating supply will be kept for liquidity on exchanges.
- 15% of the total circulating supply will be kept as a crowdfunding effort for devs, marketing, and MainNet launch. This will allow us to reward the development community for any new creations towards TYX accessibility.
- The remaining 20% of TYX tokens will be locked by the Tachyon team.
- The valuation of TYX will be determined by the forces of supply and demand in the cryptocurrency market, not by holding ICO.
The Mission
Tachyon aims to be one of the leading ETH-based payment forms with a platform that will easily be plugged into existing web pages, Tachyon will be ‘Ethereum’s little brother’ and currency complement.
Why Choose Ethereum?
Ethereum today accounts for the most popular network in the cryptocurrency space, the highest in network activity, and the 2nd largest cryptocurrency by market capitalization. Their positioning in the global market, via their Enterprise Ethereum Alliance, makes them well-poised to dominate many sectors of the global economy in the future, from supply-side logistics to decentralized applications to corporate record-keeping.
They are not skeptics of Ethereum — in fact, they definitely believe in its long-term viability based on our analysis of its current positioning in the industry. However, they understand its limitations and want to improve on Ethereum’s ability to serve as a network for payment rails. The reality is that, currently, Ethereum cannot exist as a currency.
The Tachyon Economy
TYX’s function is best served as a token for tipping and micro-transactions.
No Inflation or Token Burn
Once code is activated, changes to circulating supply are rendered impossible.
All Coins Minted Upon Activation
We will be airdropping 60% of our token supply over a few successive airdrops. Each token will be divisible by 18 decimal places.
Fair Airdrop Token Parameter
The wide spread of our token distribution means that our airdrop will be fairly placed in as many hands as possible to maximize its use-case.
The Features of Tachyon
Tachyon (TYX) is an ERC-20 token built for the Ethereum network created to facilitate tipping and microtransactions. An ERC-20 token standard allows for the transfer of value between two parties on the Ethereum network. Its code is purposefully barebones, using less data to maximize transaction speeds on the network. What sets Tachyon apart from other projects is that it is exclusively a digital currency with an improved strategy of adoption.
Accessibility
TYX aims to be the de facto tipping and micro-transactional token on the Ethereum network. As such, it strives to not only be in as many wallets as possible, but being a currency, it must also be on as many exchanges as possible to ensure liquidity. All the features of Tachyon, including its marketing, will work towards widespread accessibility and adoption — this means that, yes, we plan to be very active on social media with our community! We want involvement.
Fair Distribution Token Parameter
The wide spread of our token distribution means that our distribution will be fairly placed in as many hands as possible to maximize its use-case. A parameter is built with the ERC-20 standard to integrate the non-ICO distribution model with Tachyon.
Fungibility
The fungibility of Tachyon is one of our highest priorities so that it can exist as a usable currency. Near-instant conversions to ETH and fiat, ample exchange listings, payment plugins, and a sleek light wallet for transfers are all on the long-term agenda for the Tachyon project.
Tested Code
In April of 2018, a BatchOverflow Exploit was found on many Ethereum tokens which caused some exchanges to temporarily halt all ERC-20 token deposits. The exploit allowed individuals to mint additional tokens which effectively ruined the supply. Although this exploit was fixed, Tachyon will make sure that, unlike some crypto projects, the code for TYX is bug-proof and rigorously tested come TestNet. The code is also light to ensure the fastest transaction speeds on ETH.
Integration
Tachyon’s goal is to be an umbrella cryptocurrency for a host of tipping widgets and payment processors that can be easily integrated into existing sites, chatrooms, forums, and small marketplaces. Our light wallet for both desktop and especially mobile will work towards these ends. The widgets, wallets, and other interfaces for TYX will be easily integrated into existing digital infrastructure. We want the internet to be powered by the light-fuel that is Tachyon.
Memorable
A tipping token that rests on use-case and social media exposure must have a memorable name and brand. Tachyon has both of these working to its benefit.
The Tachyon Network
Starting as an ERC-20 token, Tachyon will migrate to its own MainNet blockchain network in 2019/2020. Although it will remain complimentary to Ethereum, this future MainNet will link all the integrated built-in tipping widgets, micro-payment processors, forum plugins, and so on into an overall Tachyon network. Please expect more information on the Tachyon MainNet network when we publish our technical MainNet paper in Q1 2019, as per the roadmap.
ROADMAP
- Q3 2018 —Begin Phase I
Genesis block! Mint 299,792,459 TYX.
Conduct preliminary airdrop to those interested early * Establish all social media channels and their design.
Be listed for early trading on decentralized exchanges.
- Q4 2018
Completion of all Tachyon distribution campaigns until 60% of the total supply is circulating.
Coordinate community rewards and events.
Prototypes for Tachyon plugins and interface(s) for tipping to be released.
Continue exchange listings beyond DEXs
Begin development of light desktop wallet for both ETH and TYX.
Establish the community-led Tachyon Developers’ Initiative.
- Q1 2019
Deploy Tachyon wallet for desktop (MacOS and Windows)
Deploy the first Tachyon web plugins.
Publish expanded technical paper on Tachyon’s MainNet
- Q2 – Q3 2019
Deploy light mobile wallet (iOS and Android).
Add anonymous functionality to Tachyon wallet.
Release the Tachyon Micro-tasking Platform.
Release Tachyon TestNet 1.0!
- After Q3 2019, Onwards —Begin Phase II
Tachyon MainNet release!
Publish roadmap for Phase II of Tachyon’s development.
For more information :
- Website: https://tachyontoken.com
- Whitepaper https://tachyontoken.com/tachyon-whitepaper/
- Twitter: https://twitter.com/TachyonToken
- Reddit: https://www.reddit.com/r/TachyonToken/
- Facebook: https://www.facebook.com/tachyontoken/
- Discord: https://discord.gg/CZzuZz
Author ( Ar rahman )
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1977525
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