P2P Digital Asset Distribution
Built to solve the inherent problems of the crypto exchanges and trading platforms, Aphelion advances distributed ledger technology (DLT) as an open source, peer-to-peer (P2P), decentralized asset distribution application protocol built on the NEO blockchain. Aphelion is designed to power a tokenized transaction called a Distributed Exchange Asset Ledger or DEAL. Aphelion DEAL transactions are facilitated through smart contracts as set forth by users and are independent of exchanges or trading platforms and the constraints they inherently create. An Aphelion token is the Liquidity Verification Device (LVD) powering the DEAL directly between users: instantly, securely and freely.
This white paper does not constitute an offer or solicitation to sell securities or shares and is for informational purposes only. The APH token is considered a utility tool built within blockchain technology. The Aphelion token (APH) offering does not represent a stock or sale of securities; the Aphelion token does not grant equity or voting rights; the Aphelion token does not grant ownership rights directly or indirectly to the Aphelion company, it’s physical, virtual or intellectual properties; the Aphelion token does not grant a debt security and is not an instrument of debt; the Aphelion token does not pay a distribution, disbursement or interest payment to token holders. If any future offers become available they will be made through confidential and appropriate channels and follow all necessary legal requirements. In compliance with recent sec announcements, Aphelion will not market to or accept contributions from any US citizen or resident. In compliance with China Securities and Regulatory Commission (CSRC) and the People’s Bank of China (PBOC) regulations, Aphelion will not market to or accept contributions from any citizens or resident of the People’s Republic of China (PRC). In compliance with the monetary authority of Singapore, Aphelion will not market to or accept contributions from any citizens or resident of Singapore.
Decentralized Application (DApp)
A decentralized application or DApp, as it is abbreviated, has its backend code running on a decentralized peer-to-peer network.
A DApp can have frontend code and user interfaces written in any language (just like an app) that can make calls to its backend. Furthermore, its front end can be hosted on decentralized storage such as Swarm or IPFS.
As illustrated in the graphic below, if an app=frontend+server, then DApp = frontend + community + contracts. Aphelion contracts are code that runs on the global Aphelion decentralized peer-to-peer protocol.
By design, Aphelion is a DApp and by decentralizing the application it becomes: peer-to-peer, open source, operated autonomously and cannot be controlled by a single operator or entity. The Aphelion (APH) cryptographic token will be stored in a public decentralized blockchain. Consensus Node installation ultimately derives value for the application.
Aphelion Built on NEO dBFT
Because dBFT solves for the challenges identified and outlined above in itcoin PoW and subsequent alternative PoS technologies Aphelion will be built on NEO as an eco-friendly, open source, completely decentralized digital asset application creating the most secure and decentralized application for digital asset distribution. This will allow users to transact a DEAL P2P and independent of the exchanges, trading platforms and the limitations/challenges they bring. Aphelion is a tokenized DApp protocol.
The Cryptocurrency Market
“As of April 2017, the combined market value of all cryptocurrencies is $27 billion, which represents a level of value creation on the order of Silicon Valley success stories like AirBnB.”
In late August 2017, the Market cap surpassed $180 billion, meaning the cryptocurrency total market cap has risen nearly 1000% this year, according to bitcoin.com.[12. The Problem
Blockchain technology and subsequent cryptocurrencies are so new that many crippling challenges exist across trading platforms and exchanges. Currently, digital currencies do not connect to each other in the same way that information networks do. The current exchange model for currencies has a critical barrier to linking small-scale currencies to other popular currencies using a market-determined exchange rate. Also, the exchanges and trading platforms are in essence acting as a centralized system that inherently brings associated faults and defeats the purpose of decentralization.
Challenges facing crypto-exchanges and trading platforms today:
- Centralization: Rules, fees, non-liquid assets, exchanges control private keys to user wallets allowing the exchange to have full custodial rights of the funds.
- Complexities: Trading platforms & exchanges lack any cross-consistency in virtually every aspect of their technology.
- Barriers to Entry: There are different rules to join each platform, delays in approval, traditional currency deposits vs. digital only deposits, lack of instant deposits.
- Challenges of Use: Trades blocked without explanation, daily limits, poor UI, buggy software, not user-friendly.
- Latency: Incessant lack of speed and performance issues.
- Lack of Support: There is a complete lack of customer support and inability to respond across most big-name platforms; It is not uncommon to wait weeks or months for a reply.
- Lack of Security: Multiple hacks, lost funds, privacy breaches, shut down sites.
- Lack of Privacy: Required verification, credit card, driver’s license scans, passports.
There is widespread use of several cryptocurrency trading platforms and exchanges. They are the clear mechanism for P2P trading, but they are not decentralized. They act as intermediaries between traders initiating trades and this poses a number of inherent challenges. First, exchanges set the rules for who can trade, what can be traded and when. There are countless stories of user’s accounts and even initiated trades being deleted or frozen without explanation. We’ve also had numerous security breaches resulting in hundreds of millions (USD) being stolen. On top of these inherent challenges the exchanges are facing there is a complete lack of support facing many users today. These so-called decentralized exchanges are not decentralized at all, in fact quite the opposite.
Mission & Vision Statement
Mission: To build collaborative, open source blockchain technology that truly decentralizes asset distribution.
Vision: A world powered by decentralized applications.
NEO Technology: Through technologies such as P2P networking, dBFT consensus, digital certificates, Superconducting Transactions, and cross-chain interoperability the blockchain enables management of smart assets in an efficient, safe and legally binding manner.
Digital Assets: Digital assets are programmable assets that exist in the form of electronic data. With blockchain technology, the digitization of assets can be decentralized, trustful, traceable, highly transparent, and free of intermediaries. On the blockchain, users can register, trade, and circulate multiple types of assets such as BTC, ETH, XRP, LTC and NEO to name a few.
Aphelion Initial Coin Offering
Aphelion ICO is in pre-sale. Early contributors, advisors, and owners have been allotted tokens. The countdown to the official ICO is scheduled for November 15, 2017. Deposits can be made with NEO, BTC and ETH directly at Aphelioncoin.com ICO goal is $34M USD or NEO/BTC/ETH equivalent. There will be 220M APH tokens for sale available through the ICO, plus bonus tokens available through purchase and referral program.
- 40% Sold ICO
- 10% Incentive Program
- 5% Pre-ICO Contributors
- 15% Advisors
- 30% Organization
Pricing Structure & Timeline
Token price to be determined 24 hrs prior to launch date based on NEO’s current 10 day moving average. Each ICO stage will reset the token price based on NEO’s current 10 day moving average taken 24hrs prior to stage commencement. Moving averages are determined using the SMA method derived from coinmarketcap.com data.
Stage one starts November 15, 2017 00:00 GMT — ICO Ends December 7, 2017
Example Launch Price at $25 NEO 10 Day MA: 1 NEO = 125 APH
Use of Proceeds:
- 65% Blockchain & DApp Development
- 10% Marketing
- 15% Operations
- 10% R&D
lets’s join this, you must be succes ! ! !
WEBSITE : https://apheliontoken.com/
WHITEPAPER : https://apheliontoken.com/wp.html/
ANN THREAD : https://bitcointalk.org/index.php?topic=2238732.0/
MY BITCOIN USERNAME : Efta321
MY BITCOIN URL : https://bitcointalk.org/index.php?action=profile;u=1082347
MY NEO WALLET ADDRESS : ALJ7ywkSbPiF4TRxUHpDamFXCfMMAfZm1q