2018-11-17 02:33 |
ISG tokens are released on the Ethereum platform using the ERC-20 standard, which is supported by most cryptographs. In addition to the release of the ISG token, during the ICO, it is planned to create its own blockchain ISG to support transactions within the ISG network.
Within the ISG blockchain network, it is planned to create two types of tokens: ISGVALIDATOR (ISGV) and ISGSERVICE (ISGS). The owners of ISGV tokens become validators of the ISG blockchain network and will receive rewards in ISGS tokens. ISGS tokens will be designed to pay for ISG communication services and for any other transactions, similar to existing Bitcoin blockchains, etc. The tokens issued by ISG will be converted to ISGV tokens at a 1: 1 rate. The need to create your own ISG blockchain is associated with the expected high load on the ISG network and the requirements for speed of payments. ISGV tokens will be listed on cryptocurrency exchanges. ISGS tokens will be implemented by ISG through special online services. ISG’s blockchain will be focused on using IoT networks and performing Machine-to-Machine (M2M) transactions. For confirmation of transactions, the mixed Proof-of-Stake and Proof-of-Authority consensus (confirmation) algorithm will be used. .
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