LOCALCOIN
LocalCoin Problems Smart contract platforms have attracted great attention but have not been able to achieve mass acceptance due to scalability and user experience. Even on Ethereum, the most widely used smart contract platform, no significant Dapps have been applied. There have been a few instances where one or more other specific applications have succeeded in achieving an important user base but it has resulted in crippling the entire network during peak times. Basically means that even the most advanced and widely used platforms are not yet ready for mass adoption. On the other hand, there are a few smart contracting platforms that boast higher bandwidth, but they trade off the speed of transactions with decentralization. In addition, many upcoming solutions propose their own blockchain ignoring DApps network effects and other projects that have been created on platforms such as Ethereum and other projects. Even more important is that they neglect the huge developer community and d