Largo’s Functional Greatness That Approaches Bitcoin

Milk mie
3 min readAug 10, 2020

Bitcoin is a cryptocurrency that was born in 2009 through a developer under the pseudonym Satoshi Nakamoto. Where he has succeeded in giving birth to a digital currency with a decentralized system and can be operationalized without any intermediaries. Did you know that Bitcoin is a cryptocurrency with a very volatile price, even the value of Bitcoin can change in a matter of minutes, this is also evidenced by the high growth rate of Bitcoin value from 2015 to 2020 which has increased to 2300 percent. As time goes by, the world community thinks that Bitcoin is virtual gold in the era of digitalization as it is today. How can this nickname not be associated with Bitcoin, because the price of Bitcoin is currently in the range of IDR 130 million. The high value of Bitcoin is of course a natural thing for people to flock to join blockchain technology and get dozens of Bitcoin chips.

The reliability of a decentralized financial system that is born by technology is of course used by technology to give birth to the latest innovations. This was also used by the founders of Largo Coin as a decentralized financial service provider with very innovative and flexible services. So that it can be adjusted to the times and various stakeholders.

Did you know that the presence of Largo Coin has actually played a big role in blockchain technology. This is of course because Production technology will use the newest method from Largo, so that the old technique that is used will slowly be necessary in the future. Currently, there are a lot of block technology financial reporting that sets high transaction costs, whereas previously producer technology promised very low transaction costs, even some pieces did not set transaction costs at all. However, over time, many new problems arise, such as being hampered by the transaction process which results in users having to pay more. Therefore, to overcome this problem, Largo will issue a feature that can ensure the safety of blockchain technology in the future.

One of the features that crypto activists love the most is low transaction fees. Where Largo will provide guarantees for every transaction that is made with low fees as long as the transaction is carried out between individuals with the Largo platform. Realizing low transaction costs will coordinate the consensus algorithm with the Masternode, so that it will automatically make transaction costs more economical. Even the transaction fees set by Largo are much lower when compared to other blockchain technology platforms. Therefore, Largo is very suitable to be used as a mainstay of financial services, because currently many platforms are losing customers due to not being able to provide fast, affordable and efficient services.

In this era of digitalization, it is very easy for hackers to find a tool to break into a platform. So it is not surprising that many platforms have implemented high security systems, but are still able to be hacked by hackers. This is also evidenced by the number of exchanges that have lost funds due to hackers. Even though the cryptocurrency exchange platform already uses a very adequate security system. Therefore, to minimize unwanted things, Largo has set a very high security system and has been applied to transactions using the Largo coin. This method is considered effective in eliminating fraudulent activity carried out by hackers in any form. Because proof of ownership and sample Master have been combined into one and will be bonded so tightly that they can produce a very effective security system. The security system contained in Largo fully provides an effective guarantee for users, that every transaction made will be protected safely and fully guaranteed by the platform. This of course provides peace and comfort for users who make transactions. Therefore, the security system offered by Largo should be emulated by other decentralized financial platforms in order to break the chain of crimes committed by hackers.

Largo Coin information

Website: https://largocoin.io/

Telegram: https://t.me/largocoin_chat

Twitter: https://twitter.com/largocoin

Facebook: https://www.facebook.com/LargoCoinPublic

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Information About me

Largo Coin Address:
DN61pfmUFbbMEA1DwTrmJyDoRhnriCsDXQ

BTT: https://bitcointalk.org/index.php?action=profile;u=2579514;sa=summary

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