15-year old entrepreneur from UK is giving a new dimension to crypto biz via Y Coin
Y Coin, a brand new cryptocurrency that aims at changing the way that cryptos work, is created by 15-Year-old entrepreneur Youssof Altoukhi.
The main goal of the teenage boy owned company is to transform the infrastructure of the cryptocurrency into a system that would use more democratic votes.
In this system of a single vote, the value of a person does not depend on how many cryptos they own or their wallet amount. Each and every person gets a single vote regardless of their crypto savings.
Youssof Altoukhi also knows his way in the area of stock investment. His ideas and crypto knowledge often shock enthusiasts who are baffled by the young mind’s skills. The young mastermind’s plans are fixed for an extremely long term.
The DAPPS has already been planned for Y Coin. The realm of cryptocurrency is complicated even for grown adults and for most, it takes a team and a lot of years to master it.
With such experienced and aged people as his peers, Youssof Altoukhi is setting a record and an example to the entire world. Not only appreciating his wide knowledge in the area but also his desire to bring forth a change in the system so that the community as a whole is treated equally.
The plan is to have a true democracy with “decentralised coin controlled by the people, not the organisation”. Y Coin that is going to go by the abbreviation of YCO, will have an emission rate of 200,000 a month and maximum supply of 150,000,000.
The brand new architecture of Y Coin is a huge innovation in its area. With the use of Y Coin’s GHOST protocol (Greedy Heaviest Observed Subtree), the new blocks are massively encrypted by not affecting the speed hence the new token is by no doubt, safe and secure.
Y Coin beats Bitcoin with a speed of 25 TPS attributing to the ERC20 framework. It is the first coin in history to have a crypto democracy with a voting mechanism.
The concept of Y Coin currently under development where everyone gets to vote has never been ventured before and thus has huge innovative growth potential. One can buy Y Coin early before it publicly launches at only $0.0015 a coin which will be available on the 15 of February from vindax.com and app.uniswap.org. Eventually, it will launch on other exchanges too.
After taking his schooling from EATON Square Mayfair, Youssof Altoukhi started Y Coin in 2019 t0 pursue his entrepreneurial ambition. He also creates music that he hopes can help people across the globe. With his songs garnering over thousands of views, Youssof Altoukhi is making a splash in the hip hop landscape also.
In a recent interaction with The Upcoming, he said music has inspired him from a very young age and as long as he can remember rapping and singing have brought me joy. “I don’t intend to have this as a career path it’s more of a hobby,” said Youssof Altoukshi.