Hi everyone

Now that the crowdfunding website is live at Coinstorm.net, we´ve started a new thread to keep everyone updated on the campaign.
Will post dev blogs and updates here: https://bt.irlbtc.com/view/1760129

To stay informed about the crowdfund, you can check out Coinstorm.net as well and leave an e-mail address. We´ll be sending updates about the campaign, dev blogs and tech updates.

What I don't get about this project is that it seems to me as a discentralised exchange, also why do I need Internet of coins tokens.

We start with the multiwallet, release end of this summer. Then we add Shapeshift functionality, then the option to run your own DEX. (See the roadmap.)

The tokens form the bridge between blockchains; not all chains support multisignature for atomic transactions. It is an approach we chose because it works on all types of chains. The client can choose from multiple ways to transfer value, atomic being the mode of preference.

Plus, the crowdfund gives us the opportunity to scale up development. We have funded the development with a small team and research grants first. Now that we have a working prototype (see GitHub) we chose to crowdfund. Because crowdfunds based on nothing but promises only suck.


@tyz; Agent725 will respond to you. James (Jl777) had a similar idea when we started in 2014, the approach turned out to be different in our projects.

@tyz: We published our whitepaper just before SuperNET was announced. Indeed the projects look similar, but there are some notable differences.

First of all, back at the time, coins that are to be part of SuperNET had to alter their code to be able to participate in it. We differ from that in that we have created a modular approach in which coins need to make no changes to their codebase.

These days SuperNET it looks like parts of it have been rebranded to Komodo and Iguana. The code of SuperNET is written in low-level C. We have designed our system in NodeJS, and continuously approach other systems from a meta-perspective.

The "Shapeshift" functionality @Dotrego mentions is the ability to swap coins in an easy way, without having to be a trader or know how to use an orderbook. Instead liquidity is provided by allocators on the network that create

We have a unique take on inter-blockchain connectivity which is hybrid assets. This type of asset can exist on multiple blockchains simultaneously, spreading the technical risk, and making for an automated, diversified portfolio. Hybrid assets can also be used to transfer value between the blockchains they operate on.

For the rest, our approach is not-for-profit, which is different than the approach many other cryptocurrency projects have. We want to ensure our platform stays objective and independent of profit-oriented objectives. This way we can ensure to be inclusive to the entire cryptocurrency market, and not only the financially more powerful parts of it.

How many coins are needed to become an allocator?

find the original post

why you dont update thread?

Hi,

I was searching for a decentralized exchange and came upon this project. All with all, I find it very impressive what you're trying to establish and therefore would love to fund you guys. However, one thing I do not completely understand: What is the added value of Hybrid? If I rephrase you correctly you state that: "Hybrid can be used as an intermediar when a blockchain does not support multie signature for atomic transactions".  Can you list examples of blockchains which do not support multi signature?

Also I cannot find anything about the total supply of Hybrid. Did you ignore this on purpose? If not, can you state the number in your answer?

Greetings,
Daan

I just started an unofficial IOC community Telegram channel since there's none yet.


https://t.me/coinstorm