CRYPTO Analysis

Table of Contents
1. Cryptocurrencies...............................................................................................................................3
2. Types of Cryptocurrency..................................................................................................................3
3. Difference between say Ethereum, Ethereum 2.0, ADA.................................................................3
3.1. PoW.........................................................................................................................................3
3.2. PoS..........................................................................................................................................3
4. What is Compound? (COMP)..........................................................................................................3
4.1. How does compound work....................................................................................................4
4.2. Lenders –................................................................................................................................4
4.3. Borrowers –............................................................................................................................4
5. How to Analyze Activities at Binance...............................................................................................4
6. What are new DeFi and alt coins coming.........................................................................................5
7. VELO.................................................................................................................................................5
Overview.................................................................................................................................................5
How it works...........................................................................................................................................6
7.1. PHASE 1.....................................................................................................................................6
i. Digital Credit Issuance..............................................................................................................6
ii. Digital Reserve System..............................................................................................................7
7.2. PHASE 2.....................................................................................................................................9
i. Velo Decentralized Crypto Exchange and OTC......................................................................9
7.3. PHASE 3 and 4............................................................................................................................9
i. Decentralized Lending of Digital Credits.................................................................................9
ii. Voting on Changes to the Velo Protocol.................................................................................10
iii. Reputation System...............................................................................................................10
iv. A Network of Fiat to Digital Asset On/Off Ramps............................................................10
Security.................................................................................................................................................10
 Where to Store VELO Coins.........................................................................................................11
Transaction............................................................................................................................................11
Performance..........................................................................................................................................12
8. SYLO....................................................................................................................................................14
Overview...............................................................................................................................................14
How it works.........................................................................................................................................14
Sylo Nodes........................................................................................................................................14
 Sylo Encryption...............................................................................................................................14
Sylo Token integration....................................................................................................................15
Main - token distribution........................................................................................................................15
Security.....................................................................................................................................................16
Transactions.............................................................................................................................................16
How to buy SYLO...................................................................................................................................17
Blockchain fintech firm Sylo scores big.................................................................................................17
Coins Similar (Competitor) to SYLO....................................................................................................17
Partnering................................................................................................................................................18
Performance.............................................................................................................................................18
9. COSMOS (Atom).............................................................................................................................19
Overview...............................................................................................................................................19
How does COSMOS work.....................................................................................................................19
Solving Scalability.................................................................................................................................20
Vertical scalability:............................................................................................................................20
Horizontal scalability:........................................................................................................................20
So in the end, How Cosmos works?......................................................................................................20
Security.................................................................................................................................................21
Transaction of ATOM...........................................................................................................................22
What is behind Cosmos (ATOM)?........................................................................................................23
Problems Cosmos is trying to solve.......................................................................................................23
Cosmos forecast 2021 to 2025: what the experts say.............................................................................24
Performance..........................................................................................................................................24
Reference..................................................................................................................................................26
 1. Cryptocurrencies
Cryptocurrencies are systems that allow for secure payments online which are denominated in terms of
virtual "tokens," which are represented by ledger entries internal to the system. "Crypto" refers to the
various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical
curve encryption, public-private key pairs, and hashing functions.
2. Types of Cryptocurrency
The first blockchain-based cryptocurrency was Bitcoin, which still remains the most popular and most
valuable. Today, there are thousands of alternate cryptocurrencies with various functions and
specifications. Some of these are clones or forks of Bitcoin, while others are new currencies that were
built from scratch.
3. Difference between say Ethereum, Ethereum 2.0, ADA
The major difference between Ethereum 2.0 and its counterpart is the consensus mechanism which they
use. Ethereum uses proof of work (PoW) mechanism, while Ethereum 2.0 uses proof of stake (PoS)
mechanism.
3.1. PoW
The proof of work mechanism is an energy-intensive process in which complex mathematical puzzles are
decoded by miners with the help of computer hardware processing power. This is also used to verify new
transactions. Whoever decodes the puzzle first, adds a new transaction which contains the previous
transactional records making up the blockchain.
3.2. PoS
In the proof of stake mechanism, crypto is used to verify a transaction by the transaction validators
instead of miners. The validators must propose a depending on the time and amount of crypto they hold.
When a majority of validators claim to have seen the block, it is added to the blockchain and they are
rewarded for conducting the block proposition successfully. This is how “forging” or “minting” takes
place.

PoS is a more energy efficient mechanism as compared to PoW since it uses less computing power to
secure a blockchain.

Cardano (ADA) was created after Bitcoin and Ethereum and thus could learn from their mistakes and
build on their strengths. Its founder and CEO Charles Hoskinson calls it a third-generation
cryptocurrency, meaning that it already has some of the features that earlier cryptos are struggling to
implement.
Cardano uses a modification of the Proof-of-Stake consensus algorithm called Oroboros, which makes the
network extremely scalable. At the same time, Ethereum only transit from the clunky Proof-of-Work to
the faster, more energy-efficient Proof-of-Stake. In this sense, ADA is already far ahead.
 4. What is Compound? (COMP)
Compound is a software running on Ethereum that aims to incentivize a distributed network of computers
to operate a traditional money market.
One of an emerging number of decentralized finance (DeFi) protocols, Compound uses multiple crypto
assets to provide this service, enabling the lending and borrowing required without a financial
intermediary like a bank. Compound allows users to deposit cryptocurrency into lending pools for access
by borrowers. Lenders then earn interest on the assets they deposit.
4.1. How does compound work
Compound connects lenders and borrowers using a combination of smart contracts running on Ethereum
and incentives paid in cryptocurrency.
The two main users of the platform include:
4.2. Lenders –
Anyone wishing to lend a cryptocurrency on Compound can send their tokens to an Ethereum address
controlled by Compound to earn interest.
4.3. Borrowers –
Anyone who posts collateral on Compound in the form of a cryptocurrency. They are allowed to borrow
cryptocurrencies supported by Compound at a percentage of the posted value.
Compound rewards lenders with COMP tokens based on the amount of cTokens held in their wallet based
on a varying interest rate dependent on the available supply of that asset. The more liquidity in a market,
the lower the interest rate.
Users who lend assets to the protocol, can take out a loan in any other cryptocurrency that Compound
offers, up to the amount of collateral posted.
Importantly, borrowers can get liquidated if the asset they borrow increases in value and becomes more
valuable than the posted collateral.

5. How to Analyze Activities at Binance

Tick data refers to market data that shows the price and volume of every print. In crypto markets,
professional traders use crypto futures tick data to analyze trading activity at its most detailed level. This
means tick data displays each trade as it happens. Hence, transactions that occurred in a fraction of a
second would be recorded and aggregated for analysis. Crypto futures tick data contains various useful
information about each trade and the crypto futures market as a whole.
When tick data is incorporated into backtesting a strategy, it can realistically simulate market participants'
buying and selling activities. Analyzing tick data may provide insights into trading behaviors that are
usually not shown in a price chart. For example, large-volume trades may represent institutional investors,
while small-volume trades may indicate retail-trading activity. Tick data can also be used as leading
indicators for short-term price movements. For example, constant buying or selling activity within a
narrow price range is often a precursor to a technical breakout of resistance or support levels.

6. What are new DeFi and alt coins coming

Here are seven picks for altcoin projects that offer plenty of promise in 2021.
1. Elrond
2. Reef Finance
3. Bluzelle
4. Clover
5. Elastos
6. Rocket Vault Finance
7. Orion Protocol
10 Best DeFi Crypto Projects
1. CHAINLINK
2. SYNTHETIX
3. DODO
4. PANCAKESWAP
5. REN (REN)
6. LITENTRY (LIT)
7. SWINGBY
8. FANTOM
9. POLKASTARTER
10. UMA
7. VELO
Overview
The Velo Protocol is a value transfer engine that will initially consist of two components: a Digital Credit
Issuance Mechanism and the Digital Reserve System. Together, these components will allow Trusted
Partners to tap into the reach, operational efficiency and transparency of the Velo Protocol and its
underlying distributed ledger technology. The Velo Protocol will enable multiple business use cases that
are all based on its core function: that of issuing collateral backed digital credits that can be used for
frictionless value transfer.
VELO is an integral and indispensable part of the VELO Platform because in the absence of VELO, there
would be no common unit of exchange for goods and services, thus rendering the ecosystem on the
VELO Platform unsustainable. The ownership of VELO carries no rights, express or implied, in the
Seller, its related entitles or its affiliates (each, a Group Entity) other than the right to use VELO as a
means to enable usage of and interaction with the VELO Platform, upon the successful development and
deployment of the VELO Platform. VELO is sold as a consumable virtual good, and does not have any
functionality or utility outside the ecosystem on the VELO Platform – accordingly it is not necessarily
merchantable and does not necessarily have any other use or value. The ecosystem on the VELO Platform
is structured as a "closed system" insofar as the usage of VELO is concerned.
How it works
Development of the Velo Protocol will be rolled out in phases. Each phase will add critical functionality
to meet the needs of the Velo Network and its partners as it grows. New features will focus on improving
liquidity of digital credits and VELO tokens and adding structural flexibility to provide new types of
services and improve the partner experience. We believe this phased approach allows Velo to conduct
real world testing and improvement to the Velo Protocol while incorporating feedback from users in a
transparent way. Over time, we will continually make the Velo Ecosystem more robust and the Velo
Network more usable and secure.
In Phase 1, slated to be fully launched at the end of Q1 2021, the Velo Protocol will consist of two main
components: a Digital Credit Issuance mechanism and the basic version of the Digital Reserve System.
During Phase 1 operations, we envision having only a few Trusted Partners operating in the remittance
and money transfer space. During this phase, VELO tokens will have already been listed on multiple
exchanges and both the Digital Credit Issuance mechanism and DRS and its algorithmic rebalancing
operations will be fully tested under active use. An independent foundation will be responsible will be
responsible for overseeing the Velo Protocol and they will hire a 3rd party to add another layer of
oversight, so all participants are confident in the Velo Protocol’s operation from the first day.
In Phase 2, the plans are to add a Decentralized Velo Crypto Exchange that will help facilitate deep cross
asset liquidity for VELO tokens and digital credits. Eventually, the exchange may open to trading other
digital assets. The OTC service will be operated through through the Velo Crypto Exchange, helping to
add critical liquidity in the first year of operations. Other partners may also be invited at this point to
participate as liquidity providers on the exchange. Deep liquidity will promote higher transaction
volumes, tight spreads, and massive user adoption. Phase 2 is planned to be completed and running by the
end of Q3 2021, if not earlier.
In Phase 3, once the Velo Ecosystem is full of Trusted Partners, each with many actively engaged users,
Velo will look to offer decentralized lending solutions for those who want to borrow digital credit. The
prevalence of high digital credit flow at this stage will allow Velo to build smart lending functionality that
connects participants to each other in a reliable and safe way. Additionally, Phase 3 will also include the
introduction of a mechanism to let the community vote on certain parameters of the Velo Protocol, that
will include (but is not limited to) the addition of new functions, types of assets, and lending rates. The
specific details of this mechanism are still being discussed. Phase 3 is planned to be completed by Q1
2022.
In Phase 4, Velo will add in a Reputation System for partners that will evaluate historical use of the
Protocol and the Velo Ecosystem and allow favorable terms for digital credit issuance, lending, and
access to certain features. Phase 4 will involve the building of a worldwide network of fiat, digital credit,
and VELO token on and off ramps. This step will usher in real world liquidity and interoperability for all
Trusted Partners and end users. Phase 4 should be complete by Q3 2022. Together, all these components
will allow Trusted Partners to tap into the reach, operational efficiency, and transparency of the Velo
Protocol and its underlying distributed ledger technology. The Velo Protocol enables multiple business
use cases that are all based on its core function: issuing digital credits that are tied to fiat deposits and
backed by VELO token collateral and that can be used for frictionless value transfer with guaranteed
settlement.
 7.1. PHASE 1
i. Digital Credit Issuance
The Digital Credit Issuance mechanism allows any vetted business (i.e., Trusted Partner) on the network
to receive digital credits by posting VELO tokens to the Velo Protocol. The Trusted Partner does this to
enable trustless settlement of the digital credits in the system. The Velo Protocol locks the VELO tokens
in a smart contract that is tied to a fiat deposit held by the Trusted Partner as well as the digital credits.
This 3-leg contract ensures final settlement of digital credits throughout the Velo Network and ties the
VELO collateral to both the fiat deposit and the digital credit. The Velo Protocol diagram below show the
way the Digital Credit Issuance will work. The Foundation is the independent entity that holds all non-
circulating VELO tokens and oversees operation of the Velo Protocol. VELO tokens act as collateral to
the digital credit and are managed by the Digital Reserve System (DRS). The Trusted Partner buys the
VELO tokens from the market as needed or borrows the VELO tokens from the Foundation for a fee.
These methods for obtaining VELO tokens are demonstrated in exhibit 3.

Exhibit 3 : Velo Protocol

ii. Digital Reserve System
The other key component of the first version of the Velo Protocol is the Digital Reserve System, which is
an algorithmic rule set applied via smart contract that manages the Reserve Pool and the individual
Collateral Pools backing each issuance of digital credit. In later development, the DRS will also manage
the lending of VELO tokens to Trusted Partners. The goal of the DRS is to achieve efficient token supply
management while ensuring digital credits are backed by the proper amount of collateral and are tied to
the value on initial fiat deposits. The DRS is comprised of a rebalance mechanism that works between the
Reserve Pool and Collateral Pools backing digital credit and fiat deposits by adjusting VELO token
numbers based on VELO token price so at any given time the locked VELO collateral is of equivalent
value to the digital credits
 7.2. PHASE Exhibit 4 : DRS Rebalance Mechanism 2
i. Velo Decentralized Crypto
Exchange and OTC
To promote liquidity in VELO and involve more participation in the Velo Ecosystem from both new and
existing partners, Velo plans to build its own decentralized exchange (DEX) for the exchange of Velo
trading pairs only. The exchange will display an order book for VELO tokens and digital credit pairs
stacked with liquidity from a collection of participants. All members will require being vetted by Velo to
be reliable liquidity providers before being allowed to join. Participants will be dedicated market making
firms, Trusted Partners that want to optimize the use of their digital credits and VELO holdings, digital
asset management firms, digital banks, and other exchanges that meet the requirements of Velo. Velo will
operate an OTC service through the Velo Crypto Exchange, helping to add critical liquidity in the first
year of operations. The purpose of the DEX will be to provide a robust marketplace to exchange VELO
for digital credits and other digital assets. With more liquidity and trading volume, spreads between
digital credit pairs will narrow and the entire value transfer system will become more efficient. Velo is
currently exploring with its legal advisors the licences and regulatory approvals required for it to conduct
such services in different jurisdictions.

7.3. PHASE 3 and 4

i. Decentralized Lending of Digital Credits
The holy grail of traditional banking disintermediation is decentralized peer to peer lending. Although this
brings a host of regulatory challenges, Velo feels that creating a decentralized lending operation between
businesses is a more immediately viable goal. The very same mechanisms used in money transfer can be
adjusted to allow digital credits to be lent between Trusted Partners. Again, digital credits would represent
real world fiat deposits in the network and also be backed by VELO token collateral. The benefit of using
Velo Network would be in receiving dynamic lending rates that adjust to supply and demand for digital
credit loans. Pricing would be transparent and representative of real-world demand from business
partners. In Phase 3, once the Velo Network has proven itself as a safe, fast, and cheap method of value
transfer, development will move to create a democratic and fair decentralized business to business lending
network as well.
ii. Voting on Changes to the Velo Protocol
Initially, the rules of the DRS will be set by Velo Lab’s developers to ensure smooth operation of the
nascent Velo Protocol as the network gathers users and liquidity. As the Velo Ecosystem grows and the
distribution of Velo Token holders becomes more decentralized, a 12 voting mechanism run by an
independent Foundation, will be responsible for adjusting the rules implemented by the DRS. Perhaps all
Velo Token holders, who will be impacted under any applied changes to the DRS, will be asked to vote
on rules and policies. The policy changes could include caps on digital credit issuance, setting of lending
rates, setting of borrowing rates, adding functionality to the DRS, and the specifics of Velo collateral pool
rebalance operations. The specific voting mechanism for the governing council has yet to be determined.
iii. Reputation System
Leveraging proprietary data gathered over time, the Velo Protocol aims to provide data analytics in real
time, and to tailor its operations to deliver credit scoring tools to rate Trusted Partners. After an extensive
history of being a “good actor” and a valued part of the Velo Ecosystem, a Trusted Partner would obtain a
High Reputation Score. Obtaining this status would unlock the ability to borrow VELO tokens from Velo
Labs as part of the process to obtain digital credits. Negative effects associated with defaulting on
payment of fees on borrowed tokens would be reflected in a Low Reputation Score, resulting in limited
access to the Velo Ecosystem. Penalties and fines could also apply.
iv. A Network of Fiat to Digital Asset On/Off Ramps
In order to fully realize the vision of Velo as a decentralized settlement network that allows partners to
safely and securely transfer value between each other in a timely and transparent way, Velo will seek out
partners that allow for exchange between fiat and digital assets, including the VELO token. By building
an extensive global network of digital banks and regulated cryptocurrency brokers and exchanges, the
Velo Network can ensure that the VELO token is collateral that has real world value and guarantees cash
settlement, should the need arise. The Velo team is in the process of actively engaging with potential
partners to make the goal of decentralized settlement network with fiat off ramp capability a reality.
Security
Since 2020 institutional custodian service, Cactus Custody, is supporting Velo Labs and the VELO token.
VELO is the native token of the Velo Protocol - Velo Labs' next-generation financial protocol enabling
digital credit issuance and borderless asset transfer over a unique federated credit exchange network. At
the core of the Velo Protocol is the VELO token. The VELO token serves as a bridge asset, enabling Velo
Labs' network of Trusted Partners to securely transfer value between each other in an instant and
transparent manner using blockchain technology. Velo Labs and its partners will bring great value to
users through its Velo Protocol, federated credit exchange and other innovative products by enabling a
robust digital asset exchange marketplace. Velo Labs' federated credit exchange network will provide
cross-chain liquidity together with on-chain/off-chain liquidity and settlement.
With Matrixport and Cactus Custody, Velo Labs and its Trusted Partners can leverage a secure and
reliable institutional crypto management system and multi-tiered storage system to store their assets and
scale their business applications.
  Where to Store VELO Coins
VELO can be stored safely using FOUR options.
Cold storage – Hardware wallets or what is referred to as cold storage is the most secure way to store
VELO or any other digital currency. Currently, the platform’s native token is supported by both Ledger
and Trezor wallets.
StellarX wallet – Being a Stellar-based token, VELO is compatible with the StellarX wallet. The wallet
is associated with the Stellar decentralized exchange and also enhances the safety of your VELO tokens.
Crypto exchanges – VELO can be stored on exchanges where it’s already listed, (already live on Kucoin
now).
Mobile wallets – Although desktop wallets are good, mobile wallets are extremely convenient, especially
for crypto users who are always on the go. Velo Labs understands the importance of going mobile and is
putting the final touches on Velocity, a mobile wallet to store VELO. Velocity will soon support Android
and iOS-powered devices.
Transaction
Many cryptocurrencies are limited for payments due to their latency and the time-consuming consensus
process which prevents the currency from being able to process high transaction volumes. Due to these
limitations, cryptocurrencies have yet to pose a real threat to the leading incumbents in the payment
space. When compared to the performance of the SWIFT network, cryptocurrencies offer a viable means
for much faster point-to-point transfer of money between entities, be it businesses or individuals.
Transactions of these types can commonly take up to two to three business days to settle, whereas the
leading blockchain technologies are able to do this instantly depending on the platform deployed. The
reason Stellar was chosen as the technology for issuance of the VELO token is because it is one of the
fastest, cheapest, most efficient, and secure blockchains in the market. When looking at the major
blockchains, Bitcoin is only able to process 3-4 transactions per second and Ethereum 20 transactions per
second. From a transaction cost perspective, Ethereum and Bitcoin are cost prohibitive for small
payments due to high network activity. The Stellar blockchain can complete 1000 transactions per
second, which is especially suitable for financial scenarios such as remittances and payments.
The Velo Protocol is the financial infrastructure that issues digital credits based on distributed ledger
technology (DLT). DLT creates a decentralized system for trust and transaction validation using
consensus, whereby multiple nodes agree on a proposed transaction and then update the ledger held by
each node. Transactions in the Velo Ecosystem will be validated by implementing the proven Stellar
Consensus Protocol.
Performance
The table below shows the price and ROI of Velo today and previous years on the same date (April 28).

This is 1 year performance of the Velo.

Here is Price data for Velo.
8. SYLO
Overview
Sylo is an ecosystem made up of digital consumer wallet software, applications, infrastructure &
developer tools to usher in a world of Smart Money.
Sylo is a New Zealand-based software development house founded in 2010. Committed to
decentralization, they are the core developers of the Sylo Network, the Sylo Protocol and the Sylo Smart
Wallet. A next-gen app, the Sylo Smart Wallet sleekly combines a digital asset wallet with a
decentralized private messenger. The app allows users to request and receive payments in chat, store and
interact with digital assets such as BTC or any ERC-20 compatible token like SYLO, in a non-custodial
wallet, utilize a Web3 Ethereum dApp browser, and pay using cryptocurrency in the real world.
How it works
The Sylo Network is composed of application level nodes running the Sylo Protocol and a consortium of
Sylo Nodes that facilitate the user experience demands of our modern world. Sylo Nodes provide the
means for peer discovery, NAT traversal, message relay, and asynchronous data storage. Within the
network, Sylo Nodes are incentivised to provide these necessary services to nodes (users). This prevents
applications built on the Sylo Protocol from relying on external infrastructure, either provided by a third
party or established by nodes themselves. The Sylo Node Market is built around a probabilistic payment
system. When nodes require services from the Sylo Network, they purchase it from Sylo Nodes using
payment tickets. Each ticket has a probability of winning ERC20-compatible Sylo Tokens.
As nodes consume services, the majority of the transactions occur off-chain, directly between a peer and a
Sylo Node. In this way, the payment system is able to scale massively and allows payments to be
exchanged for extremely granular levels of service.
Sylo Nodes
A Sylo Node is an application suite that you can run at home on a computer that is on 24/7. You can also
run a Sylo Node on your own cloud server. Your Sylo Node contributes to the Sylo Network and earns
micro-payments of Sylo Tokens (SYLO) for doing so.
Sylo Node operators stake Sylo Token via the Sylo Smart Wallet. This acts as collateral to ensure that
they act honestly and fairly. The act of staking announces their Sylo Node’s presence as infrastructure
contributors. Sylo Nodes provide the means for peer discovery, NAT traversal, message relay, and
asynchronous data storage on the Sylo Network.
Sylo Encryption
All messages, voice calls, video calls, and file transfers on the Sylo Platform are end-to-end encrypted,
which means only you and your intended recipients can see the content of what is sent.
Sylo follows the first rule of cryptography:
'Don’t roll your own crypto.'
This rule implies that instead of writing your own cryptography protocols, developers should “use
published, public, algorithms and protocols.”
Cryptography is a very complex discipline and extremely important to implement correctly; one small
error could open up a back door to exposing important, private information.
Therefore, the Sylo Smart Wallet uses the Signal Protocol for chat messages. The Signal Protocol is an
open-source cryptographic protocol with end-to-end encryption.
“The protocol provides confidentiality, integrity, authentication, participant consistency, destination
validation, forward secrecy, post-compromise security (aka future secrecy), causality preservation,
message unlinkability, message repudiation, participation repudiation, and asynchronicity.”
- Wikipedia on Signal Protocol
File transfers in the Sylo Smart Wallet also use the Signal Protocol. Having forward secrecy and end-to-
end-encryption, meaning only your contact can ever see what you send.
The Sylo Smart Wallet also uses the WebRTC (‘Web Real-Time Communication’) open-source library
for real-time voice and video communication. WebRTC has security as a major focus, encrypting all data
(voice and video) that goes through it, while also requiring the Sylo Smart Wallet to encrypt signalling
messages that connect contacts when they want to call.
The Ed25519 public-key pair scheme is used for all other general messaging signing - anything other than
chat - that is sent by a user’s device. Ed25519 digital signatures prove authorship over any content a user
sends.
Sylo also follows the number one rule of cryptocurrency:
'Your keys, your crypto.'
This rule refers to the fact that if you do NOT have your crypto wallet keys, YOU do not actually have
control of your cryptocurrency and/or wallet assets — whomever has your keys owns everything.
The Sylo Smart Wallet develops this a step further in that only you own your keys, only you own your
chats, only you own your contacts, cloud files, and dApps too! You are your own bank, Sylo simply helps
you to access your encrypted private vault with your key that you control.
The Sylo Network is built to enable users’ devices to connect directly (peer-to-peer) whenever possible,
which means there is no ‘middle man’ snooping, other than the global internet infrastructure needed to
send data.
Sylo Nodes exist to help users connect directly, store encrypted data (they cannot read it) when a user is
sent something while they are offline and will relay encrypted channels when a user’s device is in a
restricted networking environment (most common when using mobile internet).
Sylo Token integration
Sylo Nodes receive payments for their services in the form of 'layer two' probabilistic micro-payment
tickets. As an anti-spam mechanism, Sylo Nodes must stake Sylo Tokens in order to begin providing
services. User’s accounts can stake themselves or they can be staked on behalf of someone else via stake
gifting.
Sylo Network users can also use the Sylo Token for spending on optional, additional services provided by
Sylo Nodes.
Main - token distribution
1,000,000,000 SYLOs are to be allocated to ecosystem incentivization to be used as part of token-based
economy growth initiatives to accelerate growth of the Sylo ecosystem. 2,500,000,000 SYLOs will be
retained by the issuer, Sylo Protocol Pte. Limited, and released as required to fund growth of the platform
and ecosystem, spread across:
 Developing and growing the Sylo community;
 Sourcing partnership integration opportunities
 Contingency funding;
 Operational costs, developers, infrastructure;
 Marketing and PR for the Sylo Protocol and Sylo Application.
The team and developers have been allocated 1,000,000,000 SYLOs to ensure incentive to grow the
platform. In addition to SYLOs issued to the wholesale purchasers, 2,250,000,000 SYLOs will be issued
to DN 3010 Limited as consideration for the arrangement with Sylo Protocol Pte. Limited for the
intellectual property comprised in the Sylo Protocol and the Sylo Application.
Security
The Sylo Smart Wallet is decentralised because it's built on the Sylo Network. This is how online
communication should be - provided by many parties so there is no single point of control. Combined
with military-grade encryption, your communications are truly secure.
The Sylo Smart Wallet also uses the WebRTC (‘Web Real-Time Communication’) open-source library
for real-time voice and video communication. WebRTC has security as a major focus, encrypting all data
(voice and video) that goes through it, while also requiring the Sylo Smart Wallet to encrypt signalling
messages that connect contacts when they want to call.
Transactions
The Sylo Token, like Ethereum and Bitcoin, is a form of decentralised digital currency software which
individuals can directly send to each other over the internet, without the need for any ‘middle man’, like a
bank.
There are thousands of “miners” (accountant programs) that anyone can run to keep track of who has
what balance and prove if transactions are valid. Transaction consensus is verified and locked in time
with a blockchain.
Sylo Tokens are decentralised on-blockchain assets that can be sent between anyone and anything.
 Sylo Token transactions are unstoppable, uncensorable, irreversible, and require only your
permission to send.
 Sylo Token transactions are location independent. The Sylo Token is ‘internet-native’ money;
you can send the Sylo Token from anywhere to anywhere, without restriction.
  Your Sylo Tokens are owned and controlled by you and only you, backed by cryptography.
Normal money in a bank today is simply a promise that your bank owes you, backed by trust and
the hope it will be there when you wish to withdraw it.
 The pricing of Sylo transactions is low and consistent, being based upon the complexity of the
transaction, rather than charging a fixed percentage of the amount you are sending.
How to buy SYLO
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin
and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once
you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as
Binance to purchase other cryptocurrencies, including Sylo.
Blockchain fintech firm Sylo scores big
Sylo got media attention this year when it provided Sylo Smart Wallet for users to be able to buy products
from 2,000 Coca-Cola’s Smart Vending Machines and pay with Bitcoin.
We live in a very fascinating time. Our speed of adopting various solutions, then improving them and
making universal, is unparalleled in the history of mankind. Even the global pandemic cannot stop the
technology boost, and many tech niches are accelerating.
Look at the blockchain, for example. The industry, which for years has been attracting tech geeks and
relatively few speculators, is on the verge of mainstream adoption with just about any global company
implementing a blockchain solution. Payment processors, communication networks, social media giants
are all rushing to get into the game.
You swap your phone and you buy a product with an app - Apple Pay, Google Pay, or WeChat -
depending on where you are in this world. Rupees, yuans or dollars get taken out of your linked account.
Then you chat with your parents, significant other and friends - through the same app that you just used to
buy things.
But what if you are doing all that through an app on your phone that is linked to a digital currency, such
as Bitcoin or Ethereum? And what if you chat using the same app, knowing that it has zero ability to
collect your personal data? All of a sudden you have a whole lot more options.
This is what some dApps (Decentralized Apps) offer to consumers around the world. While many are
only starting to develop and tweak this blockchain-built technology, some have already advanced to the
next level and are ready for the bigger challenge. Last summer, a New Zealand software company Sylo
provided its Smart Wallet for users to be able to buy products from 2,000 Coca-Cola’s Smart Vending
Machines and pay with Bitcoin. Sylo Co-founder and Business Director Dorian Johannink says his
company has 350,000 users in 80 countries. About 30% of them are from India, which is the primary
strategic market for Sylo. Johannink says that other markets where he sees most growth are Indonesia,
Philippines, Japan, New Zealand, USA, UAE, Malaysia, UK and Australia

Coins Similar (Competitor) to SYLO

Sylo is a coin that uses the Keccak algorithm. The following coins use Sylo's Keccak algorithm and
proof-type
1. SENSO
2. XIO
3. Auxilium
4. 3DCoin
 5. TOKPIE
6. Project Coin
7. Wallet Plus X
8. Vision
9. SHENG
10. Anchor Neural World Token
11. NairaX
12. MDUKEY
13. iOWN Token
14. CRYPTOBUCKS
15. CoinHe Token.
Partnering
Kiwi software development company, Sylo, is partnering with global blockchain venture studio,
Centrality, Moonstake and Bitbns.
Performance
SYLO (SYLO) is a cryptocurrency token generated on the Ethereum blockchain. The max. Supply of
SYLO that will ever be issued is 10.00 Billion tokens, and the current supply of SYLO in circulation is
2.60 Billion tokens. Current SYLO price is $ 0.00899 moved up to +5.75% for the last 24 hours. All time
high (ATH) price of SYLO reached $ 0.0114 on 20 Apr 2021 and fallen -21% from it. SYLO's share of
the entire cryptocurrency market is 0.00% with the market capitalization of $ 23.34 Million. SYLO’s 24
trading volume is $ 1.07 Million. It is trading on 2 markets and 2 Exchanges the most active of them is
Kucoin.
 9. COSMOS (Atom)

Overview
It is the Internet of Blockchains. Cosmos is an ever-expanding ecosystem of interconnected apps and
services, built for a decentralized future.
Cosmos is a network made up of many independent blockchains which utilize byzantine fault tolerant
(BFT) consensus mechanisms, including Tendermint BFT. Each individual blockchain maintains control
of its own governance, but is interoperable with other blockchains in the network. Blockchains that do not
utilize BFT algorithms can be connected to the Cosmos network via “adaptor” blockchains. Cosmos was
not designed for one particular use case, but to be adaptable to suit many different use cases.
Cosmos has two types of blockchains: Zones and hubs. Zones are regular blockchains, while hubs are
blockchains that connect zones with one another. The Cosmos Hub was the first blockchain (and hub) to
be launched in the Cosmos ecosystem. It is a public, proof-of-stake (PoS) blockchain whose native asset
is the atom (ATOM).

How does COSMOS work

The vision of Cosmos is to make it easy for developers to build blockchains and break the barriers
between blockchains by allowing them to transact with each other. The end goal is to create an Internet of
Blockchains, a network of blockchains able to communicate with each other in a decentralized way. With
Cosmos, blockchains can maintain sovereignty, process transactions quickly and communicate with other
blockchains in the ecosystem, making it optimal for a variety of use cases.

This vision is achieved through a set of open source tools like Tendermint, the Cosmos SDK and IBC
designed to let people build custom, secure, scalable and interoperable blockchain applications quickly.
Let us take a closer look at some of the most important tools in the ecosystem as well as the technical
architecture of the Cosmos network. Note that Cosmos is an open source community project initially built
by the Tendermint team. Everyone is welcome to build additional tools to enrich the greater developer
ecosystem.
Solving Scalability
We can easily create and connect blockchains there is one final issue to tackle: Scalability. Cosmos
leverages two types of scalability:
Vertical scalability: This encompasses the methods for scaling the blockchain itself. By moving away
from Proof-of-Work and optimizing its components, Tendermint BFT can reach thousands of transactions
per-second. The bottleneck factor is the application itself. For example, an application like a Virtual
Machine (e.g. the Ethereum Virtual Machine) will impose a much lower limit on the transaction
throughput than an application where transaction types and state transition functions are directly
embedded in it (e.g. a standard Cosmos SDK application). This is one of the reasons why application-
specific blockchains make sense (read about more reasons here).
Horizontal scalability: Even if the consensus engine and the application are highly optimized, at some
point the transaction throughput of a single chain inevitably hits a wall it cannot surpass. That is the limit
of vertical scaling. To go beyond it, the solution is to move to multi-chain architectures. The idea is to
have multiple parallel chains running the same application and operated by a common validator set,
making blockchains theoretically infinitely scalable. Details about horizontal scalability are fairly
complex and out-of-scope for this intro.
Cosmos will offer very good vertical scalability at launch, which will be a major improvement over
current blockchain solutions in and of itself. Later, after the completion of the IBC module, horizontal
scalability solutions will be implemented

So in the end, How Cosmos works?

How Cosmos works is explained in three concise points:
1. Cosmos makes blockchains powerful and easy to develop with Tendermint BFT and the
modularity of the Cosmos SDK.
2. Cosmos enables blockchains to transfer value with each other through IBC and Peg-Zones, while
letting them retain their sovereignty.
3. Cosmos allows blockchain applications to scale to millions of users through horizontal and
vertical scalability solutions.
More than anything, Cosmos is not a product but an ecosystem built on a set of modular, adaptable and
interchangeable tools. Developers are encouraged to join the effort to improve existing tools and create
new ones in order to make the promise of blockchain technology a reality. These tools are the foundation
needed to create the decentralized internet and global financial system of tomorrow.

Security
The final layer is the Consensus Protocol. Cosmos utilizes the Tendermint BFT engine. This mechanism
secures the network and allows nodes to maintain a current state. Specifically, the protocol is what
validates transactions and adds blocks to the blockchain.
The Tendermint BFT engine is a proof-of-stake (PoS) governance mechanism. As such, network users act
as validators. Users earn rewards when they stake their crypto on Cosmos. Staking is a term used to
describe the process of locking up a certain amount of crypto in a network wallet in return for rewards.
Staking is one of the hottest features in the market right now because of its low risk compared to trading.
It is NOT a currency, nor your normal token that you invest in and just HODL on your ledger. It is a
staking token used to secure the Cosmos Hub. ATOM is hyper inflationary (which rewards those that
stake the token to provide security to the Cosmos Hub and punishes those that don’t stake via decrease in
value per ATOM via inflation.

Transaction of ATOM
You must send ATOM to and from Coinbase within their own separate wallet, just like all assets on
Coinbase. 1 confirmation is required, and each confirmation can take as little as 5 seconds to complete.
If you send to an external (non-Coinbase) address or wallet that does not support ATOM, Coinbase is not
responsible for that transaction. Additionally, do not send non-ATOM tokens/assets to your ATOM
address.
ATOM sends and receives using Coinbase may utilize something called a destination tag (often referred
to as a “memo”). If required, you must always include the correct destination tag before initiating a
deposit or withdrawal to and from Coinbase. Omitting or using an incorrect destination tag may cause
funds to be lost.
What is behind Cosmos (ATOM)?
Cosmos' focus is on the interoperability of different blockchains via a central protocol. The challenge is to
optimally align all security standards as well as the individual use cases. The respective blockchains that
are connected to the central network are referred to as zones. They are managed and controlled by the
Tendermint BFT consensus algorithm. The first of these zones is the Cosmos Hub. This serves as the
central docking point where the external blockchains come together. The Cosmos Hub, in turn, is its own
blockchain-based on proof of stake. An inter-blockchain protocol regulates the transfer and exchange of
individual cryptocurrencies.
In 2017, the developers behind Cosmos issued the ATOM token via ICO. The funding goal set was
reached in under half an hour and the development team, ALL IN BITS Inc., raised $17.3 million. The
supply comprises 237 million ATOM, of which 190 million ATOM are in free circulation. The remaining
part is in the hands of the developers behind the project to finance the work. ATOM can be traded on
many major crypto exchanges, including Huobi, Kraken, Binance, and OKEx. The token can be used for
delegation, validation, and governance functionalities. Furthermore, it is used to settle accrued fees on the
network to prevent spam.

Problems Cosmos is trying to solve

Cosmos does not try to be a copy of other projects but focuses on avoiding known bugs and problems.
Scalability, in particular, is a significant issue. For a long time, the Ethereum (ETH) blockchain platform
struggled with a lack of scalability. Only with Ethereum 2.0 and a new consensus algorithm could this
problem be tamed. In this context, Cosmos chooses an innovative path by integrating vertical and
horizontal scalability into the network. Vertical scalability describes the scalability of the blockchain
itself. Tendermint BFT enables various optimization measures, which eventually allow thousands of
transactions per second. Horizontal scalability taps across all blockchains. Large amounts of data and also
applications are distributed across multiple blockchains to process them in parallel.
An essential point in the acceptance of a blockchain project is the use of technology. Cosmos has also
developed its solution for this purpose. The Cosmos Software Development Kit is a performance-based
and modular framework that makes it easier for developers to build their blockchain ecosystem. With the
SDK, Cosmos aims to make its technology more accessible and user-friendly. Cosmos already boasts
several notable partnerships. Binance, Oracle International Corporation, OmiseGO, and the Loom
Network are among them.
Cosmos forecast 2021 to 2025: Here’s how ATOM fared in the past.
The ATOM token started global trading In the spring of 2019, and as is common for most crypto projects,
the price began to move up and down after the start of trading. In the first year, the ATOM price was
unable to surpass the valid all-time high, which was reached directly at the beginning of trading at just
under 8 US dollars. On the contrary, the price subsequently suffered significant losses and fell to only
over 2 US dollars. ATOM finally reached its all-time low of 1.13 US dollars on “Black Thursday,” March
13, 2020, in the course of the Corona crisis. But the picture was to change entirely in the same year.
Cosmos forecast 2021 to 2025: what the experts say
There is no denying that Cosmos is on its way in an essential and promising blockchain technology area.
However, the project is not the only candidate to take one of the top spots in this sector. Therefore, it is
exciting to see what impression leading experts in price prediction have and what their assessment is. As
always, however, these forecasts should only be used to form opinions. They do not represent the sole
reason to enter the market.

Performance
Here is 1 year performance of COSMOS (atom). The rising of the coin is very clear in the graph.
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