The project was launched in 2017 (official site boscoin-io). A team of developers from Korea worked on project creation.
BOScoin is a decentralized blockchain platform that can develop independently. Designed for trusted encryption contracts, ensuring the reliability and security of the created ecosystem. The platform uses an advanced blockchain called owlchain, which allows you to track almost all features within the network.
The project creators are aimed at introducing the intellectual contract ecosystem to a new level of development, as well as overcome the technical and operational issues that are present in many digital currencies.
- Trust Contacts – trust contracts, a kind of alternative to smart contracts.
- mFBA – system consensus protocol.
- Decentralized applications.
- The Congress Network – a democratic body that provides stable improvement of the system and software through collective voting, making offers for the introduction of new tools and functionality.
Due to the use of the modified Federated Byzantine agreement algorithm, transactions are conducted with low delay.
BOS is a coin of the platform. Traditional mining is not provided. Users receive BOS as a reward if they become members of Congress.