Concordium Airdrop Review: Only 20% Will be Unlocked Initially

by Cws Team
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About Concordium

Concordium aims to build the world’s leading open-source, permissionless, and decentralized blockchain with built-in user identity at the protocol level. Concordium supports regulatory compliance, allowing businesses to harness the power of blockchain technology.

Concordium Airdrop is airdropping a total of 5,000,000 CCD to users who download their app. Download the app, create an identity and follow them on Twitter to receive an equal share of the total airdrop pool.

Concordium is a science-based proof-of-stake blockchain created with business applications in mind. It is the first blockchain with identification built into the protocol to meet regulatory requirements, while delivering a user-friendly platform that can handle smart contracts. Concordium is developed by professionals with global multi-sector experience and in collaboration with the Concordium Blockchain Research Center Aarhus (COBRA) at Aarhus University and Swiss Federal Institute of Technology (ETH). The network will eventually be fully decentralized, the code open source, and further development orchestrated through an advanced governance mechanism.

BasicDetails
Token NameConcordium Airdrop
PlatformOwn chain
Total value5,000,000 CCD
Support24/7
KYCKYC is not a requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

How To Get Join Concordium Airdrop

First Step

Download the Concordium app for Android, IOS or for Desktop.

Second step

Create a Self-Sovereign Identity and an initial account.

Third Step

Follow them on Twitter.

Fourth Step

A total of 5,000,000 CCD will be equally distributed among all participants.

Fifth Step

The rewards will be distributed in 4 months after the first CCD listing.

Six Step

Only 20% will be unlocked initially and the rest will be unlocked over the course of 4 months.

Seven Step

For more information regarding the airdrop, see this Medium article.

Both privacy and verification of the identity of users

Concordium Airdrop innovative identity layer provides a compliance-centric balance between anonymity and accountability. A user’s identity is anonymous on-chain, however this anonymity can be revoked and their real-world identity revealed in response to a valid request from a government authority via established legal channels. From the user’s perspective, anonymity with respect to the general public is maintained and Concordium’s identity layer can accommodate identity providers and anonymity revokers based in different jurisdictions around the world. As such, the Concordium Platform offers a global, multijurisdictional solution to the adoption of blockchain technologies across regulatory regimes.

Blockchain technology

Blockchain technology is one of the most important innovations in recent times. The technology will rationalize financial systems and support user-owned platforms, provenance, and rights registration. However, the technology needs to mature in respect to safety, accountability, and usability before mainstream business will start building true infrastructure on blockchains. Concordium will provide this mature blockchain technology to the world.

Fast transactions at scale

The Concordium Platform is designed to be fast enough, in terms of transactions per second and the time it takes to finalize a transaction, to meet the needs of business applications on a global scale. This is a major development compared to previous generations of blockchain technology

Provable and fast finality

Concordium Airdrop has developed the first provably secure and fast finality layer to run on top of a Nakamoto-Style (NSC) blockchain. This means that a transaction on the Concordium Platform is confirmed and immutable within a short period of time. This is a major advantage over other NSC blockchains, where the finality of a block is only assumed after a large number of subsequent blocks have been produced.

Reliable uptime

Concordium is designed for demanding business use cases with strict uptime requirements. The two-layer consensus design ensures that the platform remains available and secure in the most adverse conditions. Blocks are correctly added to the longest chain when less than 50% of all stake is controlled by malicious parties, and we achieve significant speedups and efficiencies under normal conditions, when less than 33% of all stake is controlled by malicious parties. Furthermore, the safety of our finality layer holds even under catastrophic failures to the network that causes messages to be delayed much longer than under normal conditions.

High throughput for global scale

Many real-world business applications of blockchain technology have high throughput requirements. To meet these needs, Concordium is developing a novel sharding mechanism that operates in tandem with our finality layer. Concordium can run and coordinate several sub-blockchains (shards) in parallel, each much faster than standalone blockchains. Transfers and communication across shards are also supported by a novel design for intershard signalling

Regulation

Concordium Airdrop is convinced that the future of blockchains lies within the boundaries of regulation. Blockchain will power existing businesses and enable new business models but also enable regulation of all transactions on this novel infrastructure. Concordium’s built-in user identity at the protocol level supports regulatory compliance, allowing businesses to harness the power of blockchain technology.

CCD

To fuel the most advanced blockchain, Concordium will introduce a digital currency called CCD. For questions about the CCD please write to: ccd@concordium.com.

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