https://cdn.steemitimages.com/DQmWL7SzQBTVxQrzJTbDDu1TE3M5cZS2RNdHyjKZqhkBcnx/image.png Crypto Community has undergone a depression phase form past few months since Jan 2018, in terms of price, but we also witnessed many institutions are coming in for major developments. There are some of the major projects building upon DLT (distributed ledger technology) for real life use cases and to eliminate the problems we currently are facing in terms of adoption. We know that DLT technologies are the future. However, it's still in its very early stages. In order to replace digital transactions from fiat to crypto might take a while in terms of adoption. Where Visa & Mastercard can handle thousands of transactions per second, cryptocurrencies are yet to achieve higher numbers for regular usage. Although, it's not just a value exchange mechanisms that are looking forward to getting a solution with DLT but also various other data related solutions which require distributed solutions. By keeping this in mind, I had come across DEXON which, I wanted to share with you guys. Since this project is partnered with COBINHOOD, this might interest a lot us.

What is DEXON?

DEXON is a project which interests me because of their approach of trying to solve the problems that exist today in crypto space especially in terms of transaction time, the possibility of high scalability as well as their consensus algorithm based on "Proof-of-Participation". Some of the main features of DEXON Account system are as following:

Multi‐Signature Transaction Support
Multi‐Asset Account
Batch Token Transfer Transaction
Role‐Based Access Control (RBAC)
Low Transaction Fees
Double‐Spend Attack Resilience
Front‐Run Attack Resilience

What is PoP (Proof-of-Participation)? https://cdn.steemitimages.com/DQmdsE6r5ipxBsbdJ8pxgLNkvrSRidyWXQJpqUKCkjssm9b/image.png

Verifiable Random Function https://cdn.steemitimages.com/DQmWKdBCswuPqZmhf6XEtBxbvSC5WXTNb6ojBnA1i5d4q6N/image.png

Compatibility with Other Scaling Solutions

Smart Contract Platform

Token Specifications & Public Sale https://cdn.steemitimages.com/DQmaFLoy1LEEXEArEe7rbNZ6sc1oko8zL5XyfX3H8FEAduv/image.png

27th March 2019 to 4th April 2019

_{Disclaimer: Everything mentioned above is based on my own research and opinion, should not be considered as investment advice. I encourage everyone to do their own research before investing in any cryptocurrency or ICO}