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Light Pay Coin
CRYPTO-CURRENCY BASED ON PROOF OF STAKE (POS) AND MASTERNODES
LightPayCoin (LPC) is a new cryptocurrency based on proof of stake (POS) and masternodes. LightPayCoin can be used as a method of payment or exchange for goods and services and it can be safely stored in its own secure wallet. Thanks to the blockchain technology, users can view a full list of records, because each block is linked to the previous block. What is truly amazing about LightPayCoin is the integration for contactless phone payment through Point of Sale terminals and ATMs, that will greatly increase its adoption by the masses in the near future.
Idea
A coin that will differ from others, simple use, multifunctionality, security, and most importantly a new technology of NFC contactless payments with the ability not only to pay for goods, but also cashing LPC through ATMs to dollars. euro and pounds. The LPC coins was launched on the markets 29 of May.
Vision
To pay utility bills and make purchases, through the application from Play Market for Android phone and IOS application for Iphones. pay cash (dollars. euro and pounds) from ATMs, using a contactless system, but the main feature of our coin is the constant and stable income of our investors 300$ daily income.
LPC card will have use system like has Wirex (tied to VISA and MasterCard. There will be a mobile application LPC, but you can also bind PayPal in future The card itself is locked for storage exclusively bitcoin, but we pllane integration with the exchanges like ShapeShift allows you to take a number of common crypto-currencies.
Milestones Achieved
LPC is traded on three exchanges –
Daily Volume reached 500.000$ and Marketcap is $3,183,842
Next in July is CoinExchange.io market and in August LPC will be listed on Cryptopia
LPC marketing team has representatives in 7 countries at the moment. USA, UK, RUSSIA, UKRAIN, SOUTH KOREA, JAPAN, INDIA
Currently negotiating UCF partnership and several banks about launch of LPC Contactless ATMs and issue LPC bank cards
Masternode
A masternode is a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time. A masternode is considerably different than a normal node, because it performs several other functions apart from just keeping the full blockchain and relaying blocks/transactions as a full node does, for example, in Bitcoin. The usage of masternodes provide stability and security of the entire network, speed of transactions and operation of user functions.
These are special nodes that support the operation of the network, increase the speed of transactions, and also ensure the operation of user functions and decentralization. Also, in the LightPayCoin network, the wizards are used to perform anonymous or instantaneous transactions. In this case, transactions are conducted exclusively through the master codes. Using the master key increases stability and security of the network.
The Wallet
The wallet has a simple and intuitive interface, with which absolutely any user can work. Also, it has such built-in technologies as master codes and instant payment technology. When using the wallet, you can send and receive transactions in seconds, you do not need to wait a few minutes until all the confirmations of your transaction on the network have passed.
The security of our wallet is provided by the algorithm AES-256-CBC, which encrypts the file wallet.dat – where are all your coins.
Note that encryption of the wallet is not an obligatory process and by default the purse is not encrypted. However, the coins that are stored in your wallet must be protected. Therefore, as soon as you download the purse, do not forget to take care of security and set your trusty password on the wallet.
Contactless Payments From The Mobile Phone
LPC contactless payments works use technology NFC, each LPC investor will be able to download the application in the Play Market and install it on the phone, from the end of summer or early autumn to pay for different goods, services or exchange LPC at ATMs for dollars, euros or pounds.
The Team
LPC core team consists of three developers:
CEO Developer –I Damon Bryant, USA, Dallas – https://www.linkedin.com/in/damonbry/
Front Developer-Founder Vladyslav Shatkovskij, Poland, Opole
Programmer Developer Wladimir Nagornij Russia, Sankt-Petersburg.
Next Plans
LPC listing on CoinExchange.io and Cryptopia market, conclusion of contracts with several merchants and Bank. Issue of a payment card and activation of Android and iOS applications for contactless payments.