November 24, 1859. The day “The Origin of Species” was published and a single theory of existence, the reasons for existence, and the processes of generation, evolution, and survival of different species were presented to the world. The oldest and everlasting were the amoebas and others of the same genus. They have been through all the ups and downs; through the rough phases presented by Mother Nature.
“The Origin of Species” was a one-of-a-kind book, written to be addressed to everyone, to be read and understood by anyone. It was liked and had been popular with all classes, whether they were students, researchers, scientists, or visionaries. It was popular all over the world due to its neutral approach and comprehensive language. The theories are still applicable and the book proved to be useful for future biological and relative theoretical experiments and practical applications on the origin and evolution of different species on planet earth.
The relative similarity between “the origin of species” and blockchain:
If Satoshi Nakamoto is Crypto Age’s “Darwin”, and cryptography is “the origin of species”, considering the fact that everything exists in the same world we all live in and has a significant effect on the whole world. It has been understood, albeit eventually, by almost everyone, but it has turned out to be a popular and widely accepted phenomenon.
While other cryptocurrencies have failed to survive and have lost their existence in the winds of change and evolution, much like the earlier “single celled” organisms, before the amoeba. Bitcoin, being the fittest species, has been the “amoeba” of this relative hypothesis. It has been the cause, the inspiration and the reference point for other more complex organizations to follow. These bodies, Ethereum for example, were introduced with a new execution concept, which was ICO (initial coin offering). Relatively, the natural principles of development, nutrition, growth and reproduction have prevailed and are known to all.
The discussions, scientific and religious, in time and for a long time:
“Origin of Species” gave rise to several hot scientific-practical and religious-orthodox discussions, and similarly has blockchain. The Orthodox community, or the dominant religious groups at the time, were not flexible enough to allow new theories to prevail in the society they had long been ruling. Likewise, the financial system that has been dominant since the society was introduced with money and currency, does not want to change and is rigid to its established tendencies from a couple of centuries ago. Perhaps you are afraid of the importance you might lose if your principles were superseded.
The book had been conspiring for a long time, and that reign is popularly known as “the eclipse of Darwinism,” that is, from the 1880s to the 1930s. Despite all the evidence and explanations, “the origin of species ” stayed away from “acceptance” by “responsibles” for quite some time. People were restricted from speaking about “Darwin’s theories” in public or on social platforms. The current time frame could be compared to the same reign, where people could not talk about “crypto” in financial meetings or central bank related forums or finance related social platforms, where monopoly is the steward of the big old banks and credit. companies.
The coexistence and definition of “EVOLUTION”:
Various other enthusiasts arrived as well, with new icons becoming cryptocurrencies on exchanges, and similar theories about the evolution of the world, after “the origin of species.” Then Darwin’s theory was found and proved to be practical and applicable, quite useful in new biological findings. Similarly, the concept of ICO (initial coin offering) was introduced to the world. This led to a revolution, by opening doors of participation, monetarily, of “non-technical” individuals in the crypto world.
As before, the concept has been questioned, it has been challenged, and unfortunately, due to some irregularities and initial failures in the execution of some applications (which although it was a very small proportion compared to the successful ones), the critics had a chance. celebrate.
ICO-TIN, THE FUTURE OF “DARWIN”:
“The Origin of Species” was later comparatively found to be almost a definition and explanation of the evolution of the different species on earth. It was also explained, that what was the difference between the habitats of the earth, to other planets probably, for which, LIFE was probably not possible in other places. Darwin didn’t talk about it; neither did Nakamoto, about “ICOs”.
ICOs have been challenged as a concept by authorities and “religious” bodies around the world. These “religious” financial systems (rigid to principle and discontent with change) have their own limits. They make rigid mandates for every new integration or experiment, introduction or invention into the system. These mandates tend to be a “dead end” for ICOs these days.
To provide a window into that “dead end” for ICOs, and with more explanations and integrations to that “rigid mandate” policy of “religious bodies”, ICO-TIN has to come into the picture. In order to provide the indispensable habitat for ICOs and to make “Earth” different from other planets, ICO-TIN constitutes a safe middle ground between progressive ICOs and old “religious” financial systems.
ICO-TIN. THE ENVIRONMENT AND THE OCEAN.
The difference from other planets is obviously the availability of air and water around the habitable surroundings. As Darwin defines it, it is “life finds a way”. Of course he did. ICO-TIN has found a way to take ICOs to the next level and make things safe and mutually beneficial.
The challenges and how ICO-TIN creates a mutually beneficial platform for individuals as well as ICO pitching teams could be analyzed and understood in the study explained below.
The challenges for launching an ICO now are as follows:
1) The smart contract has its own limits. You can reveal the address that the cryptocurrency should be transferred to, which is the unique address related to a particular ICO, and once the address is revealed to all or at least a large number of people interested in participating in that ICO , they can always log in to make payments.
2) The longer the contract, the more efficient it is considered, but the more codes you have, the more gas you will consume per transaction. So it is not profitable at all to make a smart contract long.
3) At that time, where an ICO cannot accept more than 14 transactions per second, an AUCTION situation occurs. In this situation, the established parameters incite to complete the transaction in the way that is possible, regardless of the price of gas.
4) An SPF or single point failure occurs when such a scenario is created.
5) Compliance is one more item that must be taken care of, where two things must be covered.
The first is the KYC process, which is more complex than others because it has to be integrated with an image upload which makes the system quite exposed and vulnerable to hacking and malware threats.
The second is accounting, which again is a big task to regulate and examine because there are different cryptocurrencies on the exchange and one doesn’t want to change the mode of payment to any medium that you don’t use often.
6) The creation of strategies has to be very planned and impeccable. It covers three aspects, now these three aspects have been established in the traditional forms of ICO, these three forms were:
AUCTION: Where an established pattern is judged, which transaction should be prioritized, based on the fact that the transaction has been supported with a higher price by GAS
REWARD – Reward has normally been given to participants or non-participants for introducing more people to the program or ICO. This reward has been the number of tokens quite often.
GAS – Gas has been a very important factor when it comes to launching an ICO because there are many expired transactions and even a very small amount transaction is completed after consuming the GAS value many times for the same amount.
The application and indispensability of the ICO-TIN
ICO-TIN is the answer to all those challenges for someone who has been busy developing their cryptocurrency-related and technical skills and has never been enthusiastic enough to be skilled or smart to face the challenges of the underworld market.
This is a more “professional” approach. Since you are paid for something, you have to be excellent at it. Anyone could cut their hair, but we prefer a hairdresser because he knows his job better. That explains the indispensable of a professional package that is ICO-TIN.
It is an enterprise solution for new ICO launches and provides a customized package that also includes ICO launch and marketing.
The solutions to the problems have been the following:
1) The smart contract will not be available to access; the unique address will never be revealed to any of the participants. There will be parallel and safer ways to make payments.
2) The easiest way of payment will be that through any payment mode (FIAT and BTC currencies as well) one will have to buy USD within the system, and his subsequent purchase will be regulated with those USD.
3) This entire system will be an “OFF-CHAIN” program, integrated with the system anyway; therefore, there will be no transactions, nor consumption of any GAS during the transactions made by the participants
4) The payments to be made by the system, however, will be regulated according to the periodic cost-effective prices of the GAS, so it will be a system of minimum responsibility for round-trip transactions.
5) There will be no auction for transactions and therefore GAS consumption will not be a problem anyway.
6) KYC and accounts will be managed in different ways, with a system that will not be directly aligned with the ICO, so it will not be a threat to the ICO if images need to be uploaded.
7) Accounts will be smoothly managed by individuals and could also be done more efficiently.
Although taking “the origin of species” to a new level had been a challenge for biologists and others associated with it, they could not let Darwin’s work and contribution go in vain. Similarly, it has been a job of responsibility to carry the vision to the next generations and encourage the progressive youth of today.
Not overly ambitious when you consider that “ICO-TIN” is the revised version of “Origin of Species” by “Nakamoto”. It opens the way for more experiments and probabilities of combining the “two worlds”.
