Parlay platform
Parlay Chain (PAR) is a publicly operated predictive gaming platform.
hello friends .., best wishes to all of you who have visited and seen my composition, this time I will discuss about Parlay - Decentralized prediction game platform, empowered by the public.
The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Fundamentally the rise in cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is PARLAY.
WHAT IS PARLAY ?
Parlay is a project to pursue scalable blockchain solution that has PrimeNodes to minimize blockchain network delay and user-friendly masternode. Moreover, Parlay is an event-driven cryptocurrency which is decentralized prediction game platform, operated by public community. Parlay Chain adopts Proof of Stake (POS) for consensus algorithm in order to increase and secure scalability of blockchain network. Parlay Chain embeds auto-scaling nodes which has unique node management system to stabilize the mainnet.
How Parlay Decentralized Blockchain Prediction Game Works
Parlay uses a proof-of-stake consensus algorithm that increases and secures scalability. The Parlay Chain embeds a unique node management system. Since masternodes for crypto-currencies have always been a challenge for non-programmers as well as investors, Parlay has built a user-friendly masternode configuration.
In other words, Parlay has taken the best of digital wallets and currencies and made them more accessible and more user-friendly than ever before.
Parlay Features
A few of the main features of Parlay is the fast transactions by the PrimeNode network. When you use Parlay, you can rest easy knowing your information and data is completely confidential. All transactions are encrypted within the parlay network. Another great feature of Parlay is the secure scalability of the network. Plus each Parlay holder gets incentives within the system.
Parlay has also worked on decluttering the network allowing for faster transaction times. The Parlay team took the idea of auto-scaling and adapted it to work similar to server-client networking. Instead of using servers to compute the transactions, Parlay uses PoS nodes to
process the transactions.
Using Proof of Stake allows the systems to be turned on and off easier than using Proof of Work nodes which so many other digital currencies use. Parlay's PrimeNodes are monitored through the memory pool. When the system gets too congested due to the monitoring system, the preliminary PrimeNodes will be flexible. When the activity level of the system is low, the PrimeNodes will be turned off slowly to maximize the rewards on the Parlay Chain.
Token Specifications
Parlay Benefits
Parlay is a decentralized prediction game platform that is operated by the public community. Due to Parlay.Live platform, any user who supports the network can post a Parlay event to obtain incentives from the system.
Such activities include races, games (football, basketball, hockey, etc.) competitions (boxing, etc.) or other future events (Nascar). The incentives can be a type of prize or reward size, and the Parlay fee is the event ticket price.
For the event to be featured on Parlay, a committee examines and reviews the scheduled game. Each Parlay member is entitled to one vote for said events. Once the committee approves of the event, the Parlay Chain automatically enforces the event/game.
It would appear that Parlay works like an off-track betting establishment where the fans get to pick their sporting event to bet on only instead of using cash, they are using digital currency. Just like betting on a winning horse, Parlay users can bet or ‘predict' the winners of the game or event.
According to Parlay's whitepaper the Parlay.Live will commence during the 2018 Russia WorldCup and is encouraging people to make their picks.
For more info on this project, please visit the link below:
Website : https://www.parlaychain.io/
Whitepaper : https://github.com/parlaychain/parlay/files/1984478/Whitepaper.pdf
Discord : https://discord.gg/CK38myY
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=3652595
Twitter : https://twitter.com/ParlayChain
Github : https://github.com/parlaychain/
author: Cintia plug
my Bitcointalk link profile: https://bitcointalk.org/index.php?action=profile;u=1565176
hello friends .., best wishes to all of you who have visited and seen my composition, this time I will discuss about Parlay - Decentralized prediction game platform, empowered by the public.
The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Fundamentally the rise in cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is PARLAY.
WHAT IS PARLAY ?
Parlay is a project to pursue scalable blockchain solution that has PrimeNodes to minimize blockchain network delay and user-friendly masternode. Moreover, Parlay is an event-driven cryptocurrency which is decentralized prediction game platform, operated by public community. Parlay Chain adopts Proof of Stake (POS) for consensus algorithm in order to increase and secure scalability of blockchain network. Parlay Chain embeds auto-scaling nodes which has unique node management system to stabilize the mainnet.
How Parlay Decentralized Blockchain Prediction Game Works
Parlay uses a proof-of-stake consensus algorithm that increases and secures scalability. The Parlay Chain embeds a unique node management system. Since masternodes for crypto-currencies have always been a challenge for non-programmers as well as investors, Parlay has built a user-friendly masternode configuration.
In other words, Parlay has taken the best of digital wallets and currencies and made them more accessible and more user-friendly than ever before.
Parlay Features
A few of the main features of Parlay is the fast transactions by the PrimeNode network. When you use Parlay, you can rest easy knowing your information and data is completely confidential. All transactions are encrypted within the parlay network. Another great feature of Parlay is the secure scalability of the network. Plus each Parlay holder gets incentives within the system.
Parlay has also worked on decluttering the network allowing for faster transaction times. The Parlay team took the idea of auto-scaling and adapted it to work similar to server-client networking. Instead of using servers to compute the transactions, Parlay uses PoS nodes to
process the transactions.
Using Proof of Stake allows the systems to be turned on and off easier than using Proof of Work nodes which so many other digital currencies use. Parlay's PrimeNodes are monitored through the memory pool. When the system gets too congested due to the monitoring system, the preliminary PrimeNodes will be flexible. When the activity level of the system is low, the PrimeNodes will be turned off slowly to maximize the rewards on the Parlay Chain.
Token Specifications
- Symbol: PAR
- Algorithm: Scyrpt
- Maximum supply: 30.000.000 Parlay
- Block time: 90 seconds
- Gift Block: 20 PAR
- Gift distribution: PrimeNodes 60% / Staking Node 40%
- Warranty PrimeNodes: 2,500 PAR
- Difficulty retargeting: every block
- Block of Maturity: 88 blocks
- Transaction Confirmation: 10 blocks
- Premine: 0.5%
- Presale – 1st Auction
- Parlay.Live (June 2018)
Parlay Benefits
Parlay is a decentralized prediction game platform that is operated by the public community. Due to Parlay.Live platform, any user who supports the network can post a Parlay event to obtain incentives from the system.
Such activities include races, games (football, basketball, hockey, etc.) competitions (boxing, etc.) or other future events (Nascar). The incentives can be a type of prize or reward size, and the Parlay fee is the event ticket price.
For the event to be featured on Parlay, a committee examines and reviews the scheduled game. Each Parlay member is entitled to one vote for said events. Once the committee approves of the event, the Parlay Chain automatically enforces the event/game.
It would appear that Parlay works like an off-track betting establishment where the fans get to pick their sporting event to bet on only instead of using cash, they are using digital currency. Just like betting on a winning horse, Parlay users can bet or ‘predict' the winners of the game or event.
According to Parlay's whitepaper the Parlay.Live will commence during the 2018 Russia WorldCup and is encouraging people to make their picks.
For more info on this project, please visit the link below:
Website : https://www.parlaychain.io/
Whitepaper : https://github.com/parlaychain/parlay/files/1984478/Whitepaper.pdf
Discord : https://discord.gg/CK38myY
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=3652595
Twitter : https://twitter.com/ParlayChain
Github : https://github.com/parlaychain/
author: Cintia plug
my Bitcointalk link profile: https://bitcointalk.org/index.php?action=profile;u=1565176
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