3 min readJul 11, 2019

Void - Activating the true potential of the blockchain

Before hand we have seen the impact of bitcoin and ethereum, right now we are seeing the sight of a much promised future in void.
Ethereum is a block chain system that came with the advent of block chain following after bitcoin.

The smart contract and TRX

This is a computer protocol that distributes, verify and execute contracts in a manner that is information-based. Tron was developed under this principle in a more solid way and was built as an improvement to its father chain, Ethereum. It was built with much greater speed and efficiency, an attribute that makes it stand out. TRX was bolstered into greater heights and today it is one of the most used block chains for decentralized applications.

Ethereum’s Bomb

Ethereum tried experimenting and brought out an improvement which came out as Bomb - the first original ERC-20 token that uses the logic of a deflationary currency - which was announced February 2019. The concept and design on which it was built is easy and straight forward each time there is a transaction 1% of the token gets destroyed. Bomb made an instant impact in the market as it achieved an outstanding 13.5 million dollars peak market capitalization. With its success it is no more news that several projects have tried to clone the application but none has succeeded thus far.

Void

Connecting Tron and Bomb on a single platform and integrating them into a single app.
In an attempt to solve the issues going on with bomb token and connect it with the Tron network, void was created. Void is a network that fully supports decentralized applications and it makes the experience fluid and seamless. It combines the advantages of Tron speed, cost and perfect suite for games with the principle of bomb - a deflation currency that self-destructs at a rate of 1% after transactions. Void was created due to the limitations involved in Bomb and one of the limitations that attracted the most criticism was its use of 1% as it now requires two bomb tokens to trigger a transaction and the recipient ends up with half the token. Void comes up with a better plan of using a 3% deflation rate as calculated by its mathematician to be a perfect fit to be destroyed. Although, the number might seem controversial however, in the long run it is sure to be appreciated.

Void Token distribution

The distribution of the void token is important as the question being labelled is how do we get the void token? And how does it get incorporated to the market. 90% of the void tokens will be airdropped for free or it might be given out as a part of promotional activities. Statistically, 50% of the token would be allocated for free distribution and it would be distributed in form of airdrops. 40% would be allocated to promotional offers which include community giveaways, seed prizes for decentralized apps (dApps) and special partnership/promotions. The remaining 10% would be allocated to the void team which would require a lot of vesting before they can be accessed. In this way the void token is evenly distributed and released into the market.

Void - Activating the true potential of the blockchain

The smart contract and TRX

Ethereum’s Bomb

Void

Void Token distribution

Void Bounty Program

Exchanges

Links

Written by Beejay