LocalCoin - LLC


LocalCoin is not a company or a person, In Local coin everyone is free to do what they want. Local coin is in democratic decentralized ecosystem and it is a community of people which everyone can shares the same libertarian values and freedom. LLC is a high-performance user friendly decentralized blockchain technology.


What is a Decentralized System
There are two systems in the world one is centralized and other one is decentralized. Centralized mean there is one central authority which can controlled every process. If no authority for control process it is called decentralized. In decentralized people are feel free to make decisions. Simply we can say decentralize is no third-party authority.

Challenges 
When creating the decentralized network there are some challenge to go through. LocalCoin community have go through this challenge, normally in decentralized network have lack of transparency, low volume, low quality levels, inefficient, low liquidity and slow transaction. Because of those people not tend to trade in decentralize. Therefore, LocalCoin community have made their network more trust and more transparent manner as well as high quality and user-friendly interface have created by them,

Achievement 

Their Vision is to be become world’s leading bitcoin and blockchain technology provider through a community of community of people who shares the same libertarian values and freedom. To achieve this goal, they have done this in perfect manner. They have introduced three types of transactions in their platform. 1. Local transaction between different accounts of the same cryptocurrency 2. Same protocol-based transaction created off the same protocol but between different currencies. 3. Cross-chain transactions of different coins with different protocol as well as they have introduced supper wallet with various purposes. Assets management is a main thin and in addition to this there are many facilities such as secure chat, payment, self-service transactions, social media. Because of this factors Localcoin will be perfect and reliable wallet.

web - https://localcoin.is 

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