TuitionLohCoin (TLC)

Introduction

The birth of TuitionLohCoin will serve as the native coin for the entire TuitionLoh platform for various reasons.The combined success of public cryptocurrencies that has inspired an understanding that decentralized internet protocols which can be used to radically improve infrastructure. With the launch of TuitionLohCoin, this allows TuitionLoh to further innovate and push to further limits in terms of platform future.

Future Developments

TuitionLohCoin is still in its early stage of development and TuitionLoh team plans to bring these revolutionary ideas together by building an decentralised social media onfrastructure that will bring power the core users currently of TuitionLoh targetted users. 1. Tutors / Freelancers 2. Students 3. parents TuitionLoh already have an community revolving around education sector by working towards an forum space which already have been inbuild in the application offering across all platforms launched in late 2021. With the birth of TuitionLohCoin, this empowers users to be able to take charge and control of certain actions within the community. For example :

• Taking part in voting for various new and existing features
• Taking part in voting for ideas or feedbacks
• Taking part in part of certain forum actions.

Core technology

TuitionLohCoin is purely base on Proof-of-Work (PoW) has been recognized as a practical mechanism to implement a decentralized network and its based on Binance Smart Chain (BSC). In other words TuitionLohCoin is an official BEP20 coin. Consensus BSC here proposes to combine DPoS and PoA for consensus, so that:

• Blocks are produced by a limited set of validators
• Validators take turns to produce blocks in a PoA manner, similar to Ethereum’s Clique consensus design
• Validator set are elected in and out based on a staking based governance

Why TuitionLohCoin picked Binance Smart Chain?

Why BSC is the most logical launch strategy Several factors made us choose to develop and to build on BSC. One of the reasons is that the chain is promising and has many legit resources to back it up. The creator of Binance, BSC, and BNB, has personally stated that they will be placing many resources to get developers over to Binance Smart Chain. Additionally, the high gas fees currently plaguing Ethereum renders the chain useless for ordinary users. Our platform here is aiming to keep things low and afforable for everyone.

Speed

BSC's transaction feed costs a few cents every few seconds and block time is much shorter. We think this is the most logical launch as its suits our user case here the most.