ionchain (OP)
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May 08, 2018, 08:27:31 AM
Last edit: July 02, 2018, 08:13:01 AM by ionchain |
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PUBLIC-SALE CAPS
Softcap: NO SOFTCAP*
Hardcap: 1 600 ETH
🎉🎉🎉 * WE HAVE SOLD 35% & RAISED 2 333 ETH IN PRIVATE-SALE 🎉🎉🎉
⭐️ ICObench ⭐️ 4.0 ⭐️
PUBLIC-SALE SCHEDULE
🌟🌟🌟 Whitelisting: 27.06.2018 - 03.07.2018 🌟🌟🌟
Public-Sale: 04.07.2018 - 11.07.2018 | Price : 1 ETH = 125 000 IONC========================================Other Languages
(Links will be updated after the translation)
------------------ | . | Korean : (ANN, Whitepaper)
Indonesian : (ANN, Whitepaper)
Dutch : (ANN, Whitepaper)
Thai : (ANN, Whitepaper)
Polish : (ANN, Whitepaper)
Filipino: (ANN, Whitepaper)
| Japanese : (ANN, Whitepaper)
Vietnamese : (ANN, Whitepaper)
Italian : (ANN, Whitepaper)
Danish : (ANN, Whitepaper)
Russian: (ANN,Whitepaper)
Arabic: (ANN, Whitepaper)
| Spanish : (ANN, Whitepaper )
Romanian : (ANN, Whitepaper)
Bulgarian : (ANN, Whitepaper)
Greek : (ANN, Whitepaper)
Turkish: (ANN, Whitepaper)
Croatian : (ANN, Whitepaper)
| German : (ANN, Whitepaper)
Portuguese : (ANN, Whitepaper)
Slovenian : (ANN, Whitepaper)
Hindi : (ANN, Whitepaper)
French: (ANN, Whitepaper)
Chinese Simplified : (ANN, Whitepaper)
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PROBLEM
______________ With the increase of decentralized blockchains such as Ethereum and Bitcoin comes an increase in other distributed ledger technologies. With the volume of electronic transactions growing at a global scale, it is clear that there is a need to increase the number of blockchain based networks to keep up with demand. The fact that major blockchains have a present problem in handling the high volume of transactions that they are seeing is proof of the need for more platforms to be created.
SOLUTION
______________ Leveraging the most recent technologies to include a network of databases commonly referred to as a shard, IonChain will bring large scaled and distributable systems which have the distinct advantage of scalability. This will allow IonChain to fill the gap in the market and grow with the need of businesses globally. The distributable network increases IonChains abilities exponentially and will act to see the IONC integrated into common transactions. Blockchain challenges which IonChain will address is the ability to scale, security and decentralization while maintaining a fast-moving service.
GOAL
______________ Were reinventing the blockchain without sacrificing decentralization or security.
Meet our innovative double-layered blockchain - ION CHAIN | | Double-layer blockchain (ION CHAIN)
The ION CHAIN consists of elastic sharding at layer one and a base blockchain to confirm the blocks from the first layer.
ION CHAIN cross-shard transactions
Cross-shard transactions are fully supported
Super-full node
Multiple honest nodes can run as a super-full node
Double spending protection
At least 50% of hash power is allocated to the base blockchain (root) to prevent double spending attack |
HOW IT WORKS
______________
The principles of IonChains design including increasing scalability but at the same time making sure that decentralization and security are paramount. Creating cross shared transactions seamlessly to give user quality of experience (QoE) within an ecosystem that is incentive driven is key to IonChain, being able to support different platforms and providing users with an easy to use account. Our design will allow for scalability to be in line across the requirements of maintaining high security with a good level of decentralization.
An important core feature of the IonChain network is that it has been designed from the outset with scalability in mind.
Horizontal Scalability The network runs each node as a super full node which allows the same level of security against malicious attacks as traditional blockchains.
The network is easy to use, safe, and allows for public participation with the ability to link weak miners together.
IonChain has created a divide and conquer concept which separates functions into two distinct layers, which acts to enhance the scalability whilst maintaining the appropriate security levels. Utilizing a layer of elastic sharding in the blockchain, smaller shards will be listed within the layers and as the number of shards increase the ability to process them concurrently, thereby increasing systems capacity. The network contains a base chain that will confirm all sharded blockchain blocks but will not process any transactions. It will also have a level of difficulty which will preclude anyone from reverting a transaction since it would not be economically efficient to do. The platform is designed to be able to support additional shards which will be able to independently process subsets of transactions.
Since the IonChain network is more decentralized than other blockchain systems the level of security is also much higher, with 50% of the hash power allocation held on the base chain. Sharding technology allows the ability to increase capacity depending on how many transactions need to be processed, optimizing time with ease. This is beneficial for:
Allowing the network to scale as needed without compromising on time or efficiency.
Creating a higher level of decentralization than a normal blockchain.
Security is created by maintaining 50% of the hash power in the base chain.
Ionchain system:
1. Smart Contracts smart contracts will be facilitated through Ethereum Virtual Machine as it is currently the most widely used.
2. On and off Chain Transactions off chain transactions are accommodated for times when transactions must access information that is not on the blockchain. Smart contract specific data can be sharded as required.
3. Account management is made simple by allowing one account to be able to access all shards. Users can operate a primary account, which contains the user address in a default shard, or through a secondary account which manages all other addresses of the user in a shard. The primary account option will be mainly used, then only temporarily moved to an address in a second account if required, with any remaining balance in the secondary account being moved back to the primary account.
ROADMAP
______________ | . | March 2018
Start of the Ion Chain development.
| | | | . | | May 2018
Token distribution.
| | | . | June 2018
Development.
| | | | . | | August 2018
Team expansion.
| | | . | October 2018
Testnet 0.1.
| | | | . | | December 2018
Smart Contract 0.1.
| | | . | January 2019
Testnet 1.0 and Smart Contract 1.0n.
| | | | . | | May 2019
Further Team Expansion.
| | | . | June 2019
Company formation/legal.
| | | | . | | Octorber 2019
Ion Chain Mainnet 1.0.
| | | . | December 2019
Ion Chain Core 1.0.
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TOKEN DETAILS
______________ | . | Token name: | Ionchain token | | . | Ticker: | IONC | | . | Platform: | Ethereum -> Ionchain | | . | Total supply: | 1 000 000 000 | | . | Softcap: | NO SOFTCAP | | . | Hardcap: | 1 600 ETH | | . | Token Sale: | 07.07 - 14.07 | | . | Accepted purchase: | ETH | | . | Price: | 1 ETH = 125 000 IONC | | . | Minimum investment: | 0.1 ETH | | . | Maximum investment: | 1.6 ETH | | . | Maximum participants: | 1000 (chosen by lottery) | | . | Country: | Finland | | . | Whitelist/KYC: | Yes | | . | Restricted areas : | USA, China, Singapore |
TOKEN ALLOCATION
______________ | . | Private sale (lockup to 1 year)
| ||||||||||||||||||||||||||||||||||| 35% | | . | | | | . | Mining, future community
| |||||||||||||||||||||||||||||| 30% | | . | | | | . | Public sale (No lockup)
| |||||||||||||||||||| 20% | | . | | | | . | Team (lockup to 1 year)
| |||||||||| 10% | | . | | | | . | Completed early supporters distribution
| ||| 3.3% | | . | | | | . | Bounty, rewards
| || 1.7% |
ION CHAIN CORE TEAM
______________
BOUNTY CAMPAIGN
______________
IonChain is going to be a collaborative process. And we need support to make this ICO successful. So you win, I win. A team of skilled professionals has already dedicated a huge amount of their time and knowledge in order to make this happen and we will continue to do so. With participation in the bounty campaign, you can become a part of the IonChain project.
Anyone can become a shareholder Initial coin offering (ICO) starts on Jul. 07, 2018. We shall reserve 10 000 000 IONC i.e. IONC tokens for several bounties, which we will distribute to everyone who supports ICO before and during the ICO.
OVERALL BOUNTY: 10 000 000 IONC | | + Translation campaign: 20%
2 000 000 IONC ~ 16 ETH
+ Content campaign: 20%
2 000 000 IONC ~ 16 ETH
+ Forum campaign: 20%
2 000 000 IONC ~ 16 ETH | | + Facebook campaign: 20%
2 000 000 IONC ~ 16 ETH
+ Twitter campaign: 20%
2 000 000 IONC ~ 16 ETH
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