The word JiYo can be found in the Japanese and Chinese language. There is a special significance in the word JiYo. Ji means self and Yo means to use. JiYo signifies the ability to use yourself wisely.
What Do We Want?
“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution” – Satoshi Nakamoto
The Jiyo team has embraced Satoshi Nakamoto’s vision and are working to improve it in the Jiyo coin. We dream to bridge the GAP that allows everyday consumers to use cryptocurrency as the next generation of payment. Our goal is to remove barriers and make it easier for the mainstream consumers to adopt and use Jiyo. We intend to give the user’s confidence to use Jiyo as the method of payment for online transactions.
Why Invest in Jiyo?
We are a group of forward thinking individuals that has embraced Satoshi Nakamoto’s vision. We are bringing Jiyo to the ASEAN region and then to the world. Jiyo would be the cryptocurrency of the future as we are looking for it to get adopted on a large scale basis.
Jiyo is a privacy centred, decentralized (P2P) digital currency with instant and caters for anonymous transactions.
It was created based on the Bitcoin core and has been upgraded to allow Masternodes and Proof of Stake 3.0 protocol. With this new technology the network is stability is guaranteed.
Jiyo also enables governance after block 43200. The community can also contribute via proposals to enhance the Jiyo network
“Cryptocurrency is such a powerful concept that it can almost overturn governments”
- Charles Lee
The Jiyo Alternative
Decentralized Autonomous Organization
Jiyo was created with a clear understanding of the current operations, challenges and prospects. The goal is to work towards the sustainability and expansion of the benefits of the cryptocurrency business. Jiyo uses blockchain, Masternode and with Decentralized Autonomous Organization (DAO) protocol to create a stable and efficient platform for its users and also merchants
“Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it.”
- Edmund C. Moy
Jiyo DAO System
The vision of implanting DAO to Jiyo is to ensure that the project is not held by a single person. The vision was to ensure that Jiyo is shared among all of its investors and also community. With this vision in mind, DAO was introduced to empower the community members as well. Through the utilization of governance, the community and investors have a say in the growth of Jiyo as a whole.
“Wow, Silk Road actually works”
- Charlie Shrem
The Jiyo team’s vision is to allow the average person to use Jiyo as a payment method around the world. We want to take Satoshi Nakamoto’s dream as a base and improve on it for the better of everyday consumers.
“Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.”
- Marc Kenigsberg
Masternode’s were introduced into the cryptocurrency scene as a tool for encouraging investors to come on board. Masternode’s rewards the investors that run nodes for it. There is a reward that are shared upon all Masternodes after a certain block has been validated. Masternodes increases the network security and reliability. The more nodes they are running the harder is it for a cyber attack to hit the blockchain
“The swarm is headed towards us”
- Satoshi Nakamoto
Max Supply : 40.000.000 JIYO
Total Premine : 8.000.000 JIYO “For coinswap from old chain”
RPC Port : 8888
P2P Port : 9999
Blocktime : 60 seconds
Algorithm : Xevan
Jiyo has enabled a governance system. This will allow all node operators to vote on important decisions to the block chain via proposals. There is a compensation for their efforts in hosting a node to improve the network scalability and security. The compensation is block rewards that are shared with the investors that are staking on the platform. Part of these rewards goes to the blockchain treasury funds to improve the network
“It's money 2.0, a huge huge huge deal.”
- Chamath Palihapitiya
The Jiyo Governance
Governance On The Blockchain
Decentralized governance by Blockchain (DGBB). This means that the masternode holders are able to vote and decide what project/proposal gets approved to be carried out for the benefits of the ecosystem.
Anyone can submit a proposal to improve the ecosystem. When a block reward is distributed, ten percent of these rewards get allocated back to the blockchain to pay for the work done on these proposals.
These allocated funds are used to hire developers and projects to improve the blockchain and marketing activities that are needed to improve the block chain.