YGGDRASH (YEED) – ICO REVIEW – Blockchain 3.0! 1000-10000 TPS! ICO Price: $0.0079 USD

by birtanpublished on October 3, 2020

What's going on you got another going today if you like the content hit that subscribe button and if you like this video then smash that like really a big one for a second we got a market cap right now a billion up there doing dumb 38% that's climbing slowly and it's climbing because they were adopting Segway right now from some of the major exchanges or anyone would see the Lightning Network great right now it's growing this thing was roughly 630 last my talked about it but a week ago and this thing was the total total capacity it was roughly 5k now it's 37 K about like a week and a half to two weeks ago

So the fundamentals they're going for Bitcoin as you see right now some great buying opportunities are happening with it but the Bollinger Bands Bitcoin is hitting right near the bottom you can see the RSI index it's gonna hit the bottom two to be oversold very soon and but this MACD is still showing a downwards trend right so you'll see that when it hits around here people will start looking to buy very soon so the coin that we're gonna look at today is called yoga – yoga – means the mother tree that connects the earth from the deepest underground roots okay over here

Is a trust-based decentralized multidimensional blockchain built with vision of decentralized everything into reality and to connect everything and any blockchain networks they're asking before you know that's the goal the ticker is yee DC ERC 20 Tolkien this right here this is what's got me excited because every time if you guys pay attention to crypto every time there's a low price like this this thing these coins go off like crazy and it's a blockchain right so I mean this thing's under a penny that they're selling it for I know there's a lot of people with

Who don't have a lot of money who are gonna just put poor a lot of money to this thing right when it comes out cuz it's such a cheap price right so that's that's a huge selling point for me and I think that that's why people are gonna buy it all right so they're selling 50% of the tokens they got a white paper they also have the website this is relatively new guys the token is being released on me all right I the price that's gonna come out of the ICO is roughly 40 mil all right there ICO is gonna start on March 19 it's gonna end March 31st so the use

Cases of yoga – is that it's a decentralized exchange it's a dab store so I'll say like daily like operations Internet of Things smart like you know for your smartphone smart car smart how smart machine applications you could use for all those things and the thing about this is that has a unique architecture like every DAP that is built in the on the yoga – like architecture is unique right because they all have don't governance database and like databases with their own services so when different apps have different problems on on it it's not

Gonna destroy the whole network for example like when crypto kitties you know have so many transactions this without me hold their network this thing has his own different chains off of his main blockchain via gosh Network right so like a little picture of it is I think I have something down here but where they have their stem chain you gotta see it like a tree right that's what they're trying to explain this as a tree and this look the stem where has branches coming off of it right so these could be like decentralized these could be different

Apps and these branches can have other branches off of it which is what how they build the architecture is like a tree right the problems that they're trying to solve you know these are just problems from Bitcoin and aetherium right now suppose it like they're from their slow transaction times on high transaction fees there's a high number of transactions floating around in the Bitcoin network without being including the block current size of the block is too small could take 14 days for one of the gigabytes proof-of-work is too much electricity like absolute crypto carries

Already mentioned that their theorem – issue like it cost money transit send transaction another problem is that depths are not excluded or won't be excluded permanently number ten is attacker cost and your user cost I cost because it's difficult to distinguish attackers and users same feed policy the dilemma is that the Commission should be low for users and high for attackers right so the solution the smart contract data capacity issue is resolved if only important information of the smart contract is uploaded unto the

Blockchain and then the binary facto file is received through another path network the limit of data capacity network with small contract can be resolved in addition the programming language of smart contract is not constrained and hurls of development with some our contract will be significantly lower the improvement of processing performance through blockchain network sharding so the transaction is roughly their aim between 1,000 and 10,000 transactions per second they do that through sharding this is not including side chains or

Anything so this thing could get a lot faster when you have those applications added to it right another competitor that started off like that is a neo right Neil was he had thousands thousands per second right so nexus on improvement and node sync speed by applying BR a block reassembling algorithm is improving a node sync speed by applying BR a block resemble algorithm so right now the blocks blocking speed from other blockchain if you have like over five close to five million blocks will take about eight days to process right they have their

They have a solution to make that in about 30 minutes with the same thing next is the file sharing on peer-to-peer network solving the issue of storage capacity yograj provides an option to overcome data limitation on the blockchain through file sharing on peer-to-peer network which will enable a more diverse and very blockchain service the interoperability is guaranteed a multi-dimensional broad change blockchain starter and smart kick for for developers so like couldn't developers on the develop on go send them a whole kit will be able to do

These things and create their own apps on it and their consensus in my goodnes on this proof of authority alright so if you don't know what proof 30 years it's uh all the pros of it is high through high throughput and scalability the concert is more centralized system so approval Authority is a consensus of algorithm where transactions are validated by approve accounts kind of like admins of the system the council are the authority and the other nodes received the truth from them proof of authority has high throughput and it's optimized for

Private networks who were unlikely to see proof of authority running on public chain due to its centralized nature so I got this from its hacker noon they explain what different these different things are next is the governance represented it so right now this is the website like a lot of this information I got is on that white paper guys every time you're gonna do research let's stuff or we gonna invest some read the white paper make your own decisions don't listen to people on the internet just do your own thing all right improve data capacity speed

And expandability one app in your garage ecosystem is independent and blockchain on each step is not bound to other gaps enjoy the fast and efficient enjoy the fast and high quality of independent now so like I said this is like they'll have a whole reputation scheme where the person who contributes most has will be able to vote on things and have sort more control over the network right gonna be downsizing data right gonna have a decentralized exchange platform with they're also gonna have remittance program where beyond international minutes business we will play as an

Insect integrated cross-border payment platform provider some of their team members well alright this is gentleman here work for one that's an exchange I think it's that same that's in Korea all right that's this is an exchange this gentleman here work for icon as you guys all know icon icon was really popular it made crazy games and now a lot of people rates a lot so this person worked for there he was a development team leader he also worked for the loop blockchain architect and development team manager this gentleman here worked for bit thumb that's another exchange in Korea I

Believe Merritt's securities and that's like that's like a securities management firm I highlighted the ones that I think are important right so this guy's a blockchain engineer did I say blockchain engineer bit thumb this person worked there to the change okay next down here this person was a vice president at Citibank senior associate at McKinsey this person worked for Samsung this person was a CEO a prime ventures person was a work with Samsung its wife so Samsung Corporation general manager team lead mayor its

Securities deputy deputy general manager Golden Bridge securities manager managing partner at our VP Venture Group I highlighted those because they have just to show you that they have venture capital backing to get this done right you know I think that's very important now as you can see those venture capitalists this is you know this is the way that they're making their money now so I think that they have that extra push to make this thing go through and go up in value because they'll benefit from it so everybody else right so we're gonna look back at the pros and cons of

This so pros that I think so obviously this this right here is gonna sell the coin you know I think remember silica silica was like what it was like point zero zero three cents right and it came out of the ICU I like 15 cents at its highest so like it does this and those insane games with that you know the ones they do you obviously the ICO is that the price is so high when it comes out people don't buy that stuff there's people by the ones that are pennies you know this is under a penny right here so I think this is gonna sell you Janet attract a lot of people to it who even

Who are new to crypto sometimes you gotta think like it's it's not always a smartest thing or the greatest idea that sells the most like you gotta just think of how people think of what they choose the pie and this is what I think this is what I think that people think like you know they they want to keep this thing and they want a lot of it and they want the eyes Kings this is her pennies and this is a blob chain which is competing with other block chains so that's that's a huge Pro right there selling point we got one thousand to ten thousand

Transactions per second another pro of this is there's these decentralized exchange function I saw on an interview by crypto lark right showing talking to the finance CEO near the end of it he was discussing that they they're more lenient to let coins that have decentralized exchanges on to their platform because they want to eventually go this they wants to eventually decentralize like finance they want to do that and they want to see like a lot of different models of people who are doing it and then eventually they'll choose the best one so they will they're

All these changes they want decentralizes changes like coins that have decentralized exchanges to be on there because they want to learn from them so i don't think this will have a problem of getting on expand exchange like buying it's very like very I think will be very easy for this coin again on Finance in the future because they want to learn from them right another Pro is that I was reading through like some of the comments and some other key members were answering questions someone posted that I noticed that the company is releasing its test net in q3 of 2012 18

I am assuming this is the public Testament I have just one question though how how's your has your team release an internal test net version yet and person says yes so they have done it through their team and its private I guess right it's just not public yet they have a unique architecture that's another plus already went over that are the cons of this right so the risks and the cons of this is that there's no prototype so a lot of coins that have no prototypes are slow growth obviously you should know this right um this is just comparing other coins that I've been

Successful in the past all right we have another con maintenance till cute q2 of 2019 so that's a very very long time right and you have to you have to think poin like Neal has been around for like what two years is something and they haven't released their main yet main that either right so but that's like another conduct that is not good their total supply is ten billion which will draw away some investors which because a lot of investors like low supply like under 1 billion so there's a lot of tokens that they have but you you

Should know the risks and take the risk accordingly right it's like it says high risk the name is bad no knows how to pronounce it I'm just guessing and saying yeah gosh this sounds sounds okay but that's a bad name right so like I said for no working product so I saw some in some of the chats that they there's no record found of your garage foundation and the single poor company's registry all right that's another that's another red flag and another carnation no alright um so I overall grade of this I'm gonna start grading these ico today yeah I agree this is seven point five

You know but I still think that like I'm gonna go on this I seal I'm just letting you know and I'm born I'm going big on it just because I know how others have performed in the past with this price range right here a lot of people are gonna buy this and it's gonna come out it's gonna come out the gate the hot it's gonna come off the gate very hot and this price is gonna jump III I just know it so that's why I'm going big but do your own research this is not financial advice so my price prediction it might be 5x or 10x out of you guys still just depend on what other

Blockchains have done who are doing similar things right um so yeah they're uh roadmap down here right they had their white paper released already they gotta meet up and saw March who got pre-launch I see on March March 12 well that's not that's not stating on there either yet so I don't know about that so pre-launch 1n March 16th right the main I see launch will be March team at the end of 20 23rd AML kyc March 26 and April and we got the token distribution in May we got the release of test net and q3 2018 release some maintenance and 19 so there are there

Telegram is about 4,000 people today their Twitter is very small right now this is very minuscule stuff so it's like what 1,500 people right now but people haven't caught on to this yet all right so what else citizen I show you on the site okay and in the github to have some of their stuff that working on it's really like nothing there's really nothing done in here update three hours ago but it's just it's a small stuff it doesn't it's nothing we're looking here at their medium they got a media and they also have a Facebook which has like a very low amount people wouldn't right

Now like I said this is not popular right now but closer to date when it comes to release and what people will get wind of it and hear about it I think it's gonna explode this is my opinion that's what I put my money where my mouth is and I'm getting this but it but let she knows is very high risk guys a very very high risk but uh I like risks right so come to a website check it out yourself talk to the team members ask a lot of questions all the questions you want to know they'll let you know about it on there pretty like I asked some asked all ten questions and they just

Kept answer do your due diligence and do your own research this is not financial advice guys but check this out I like this product I like this project right here and I think it's it's just it be a quick it's an easy flip for me you know I mean so I'm definitely gonna I'm definitely gonna jump in this when it when it's available when it's alright so again this thing is the decentralized exchange and it may be I will they have their own blockchain with it too right and they also have the remains program so it's very interesting project and you know check out yourself if you like this

Content if you like the content that I'm putting on the channel I hit that subscribe button right and if you like this video and smash that aside you

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