BOSCoin is a self evolving decentralized cryptocurrency that is centered upon a special form of smart contracts, referred to as trust contracts, along with a system for decision making known as the “Congress Network”. Trust contracts represent forms of secure smart contracts that are based on a protocol layer known as “Owlchain”, which is comprised of Web Ontology Language and Time Automate Language. Trust contracts aims at addressing the issues of non-decidable smart contracts via means of a more comprehensible programming approach which promotes decidable and secure contracts’ transactions. The “Congress Network” represents the decision making system which mitigates issues of governance that usually arise in decentralized organizations. Via an automated and clearly defined governance framework, the creators of BOScoin aim to continuously develop the protocol and the community into a more anti-fragile platform.
Yesterday, the creators of BOScoin announced that the ICO will start on May 10, 2017. The ICO is expected to last for 41 days; throughout which, 276,093,688.786 coins are to be sold.
When the ICO starts, participants will be able to buy 40,000 BOScoins for 1 bitcoin. The BOS platform aims at raising at least $10
Read more ... source: LiveBitcoinNews
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