Pycoin represents a smart contract platform, which aims to be more secure than Ethereum one. It will use Python and Simplicity languages for writing its smart contracts and will allow developers to test created products before putting them in work. By adding a testing phase, Pycoin will offer possibility to check contracts/applications against potential hacker attacks and other cyber frauds. This system will provide an environment for building decentralized applications, cryptocurrency exchanges, smart contract agreements or just for using PYC as a cryptocurrency. Designed by a co-founder of Ethereum Classic, Pycoin will continue the combination process of Ethereum technology with new features and elements.