VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.223USD
STEEM
0.000STEEM
SBD
0.038SBD
Own SP
3.769SP
Detailed Balance
| STEEM | ||
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| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 3.769SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 3.769SP | SP |
| Reward SP (pending) | 0.010SP | SP |
| SBD | ||
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| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.038SBD | SBD |
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| mined | No |
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}Withdraw Routes
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Empty | Empty |
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}From Date
To Date
2020/01/30 22:09:54
2020/01/30 22:09:54
| parent author | blocktechster |
| parent permlink | gonetwork-solutions-target-market-and-competition |
| author | steemitboard |
| permlink | steemitboard-notify-blocktechster-20200130t220953000z |
| title | |
| body | Congratulations @blocktechster! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@blocktechster/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@blocktechster) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=blocktechster)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
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"body": "Congratulations @blocktechster! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@blocktechster/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@blocktechster) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=blocktechster)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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}2019/01/30 22:11:21
2019/01/30 22:11:21
| parent author | blocktechster |
| parent permlink | gonetwork-solutions-target-market-and-competition |
| author | steemitboard |
| permlink | steemitboard-notify-blocktechster-20190130t221120000z |
| title | |
| body | Congratulations @blocktechster! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@blocktechster/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_[Click here to view your Board](https://steemitboard.com/@blocktechster)_</sub> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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}blocktechsterreceived 0.038 SBD, 0.013 SP author reward for @blocktechster / tomochain-is-developing-a-more-innovative-internet-of-value2018/02/18 22:48:24
blocktechsterreceived 0.038 SBD, 0.013 SP author reward for @blocktechster / tomochain-is-developing-a-more-innovative-internet-of-value
2018/02/18 22:48:24
| author | blocktechster |
| permlink | tomochain-is-developing-a-more-innovative-internet-of-value |
| sbd payout | 0.038 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 20.441361 VESTS |
| Transaction Info | Block #19989830/Virtual Operation #8 |
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}blocktechsterfollowed @donkeypong2018/02/16 23:56:09
blocktechsterfollowed @donkeypong
2018/02/16 23:56:09
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2018/02/16 23:55:45
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| weight | 10000 (100.00%) |
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}blocktechsterfollowed @blockchaindaily2018/02/16 23:55:00
blocktechsterfollowed @blockchaindaily
2018/02/16 23:55:00
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}blocktechsterfollowed @ivanli2018/02/16 23:52:33
blocktechsterfollowed @ivanli
2018/02/16 23:52:33
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}blocktechsterupvoted (100.00%) @haejin / bitcoin-btc-morning-update-the-bigger-picture2018/02/16 23:50:39
blocktechsterupvoted (100.00%) @haejin / bitcoin-btc-morning-update-the-bigger-picture
2018/02/16 23:50:39
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}blocktechsterpublished a new post: gonetwork-solutions-target-market-and-competition2018/02/16 09:59:42
blocktechsterpublished a new post: gonetwork-solutions-target-market-and-competition
2018/02/16 09:59:42
| parent author | |
| parent permlink | gonetwork |
| author | blocktechster |
| permlink | gonetwork-solutions-target-market-and-competition |
| title | GoNetwork — Solutions, Target Market, and Competition |
| body |  # Overview GoNetwork is building a platform that aims to sort out the scalability issues on Ethereum. Scaling up Ethereum is a significant concern in the blockchain space because at the moment the network can easily be clogged, like it recently happened with Cryptokitties. Such a situation means that other decentralized applications built on the system, that may need to process hundreds of transaction every second, need longer times for processing these transactions. GoNetwork will solve this problem by allowing users to undertake multiple transactions off-chain which the system will aggregate before taking them back to the blockchain for verification and mining. With an already established foothold of the mobile app and gaming industry, GoNetwork hopes that their platform, a facility that unifies the app economies on mobile, web and even desktop environments, will enable users to buy in-app virtual games from across various gaming platforms. If wide adoption is achieved, it could disrupt mobile commerce in more ways than can be conceived at the moment. # Solutions The GoNetwork wants to build a jam-free superhighway for the Ethereum network. A highway solves the perceived scalability problem on the Ethereum network by deploying state channels. A state channel is a tool that permits two people undertaking a transaction to start the transaction on the blockchain and then migrate it off-chain. While off-chain, the involved parties can undertake numerous deals until they are ready to settle up. At the point of settling up, state channels allow the transacting pair to return the deal to the blockchain for verification and mining. The nature of blockchain doesn’t demand verification and mining of transactions before they are ready to be added to the chain. GoNetwork is taking advantage of this feature to allow for many deals off-chain until such trades are about to settle up. This innovation unclogs the network, hastens the process of undertaking deals and reduces the cost of transactions. The solution that the development team at GoNetwork put forth is a lot similar to what the Raiden and Lightning Network teams are working on for their respective networks. Raiden is a network of payments built on Ethereum while Lightning Network is the scalability solution for the Bitcoin blockchain. # Target Market GoNetwork conceptualized GoExchange to bring the gaming ecosystem into the blockchain realm. However, during the process, the team realized that both the latency and transaction throughput features of the existing blockchain networks weren’t going to handle the microtransaction demands of InfiniDy Corp and its over 15 million registered users. As a result, the team embarked on a research journey of scaling solutions. The inputs from the research made GoExchange a little more than just a gaming platform of heightened convenience. Instead, the network benefited from features that will help scale up the entire Ethereum network and poise the Platform for mass adoption by developing tools and infrastructure that are specific to the mobile user. Eventually, this will bring GoNetwork’s closer to its target of facilitating universal backing of cryptocurrencies. GoNetwork plans to reduce congestion using state channels, which are relay tools that allow two people who begin a transaction on the blockchain to take it off-chain and conduct other additional deals. The two can then bring the arrangement back to the blockchain for completion, verification, and mining. The direct transaction lines created by the state channels transform into one massive network of channels that can then connect everyone on mobile via one or multiple indirect connections. # Market Competition Scalability is a recognized problem in the cryptocurrency space, and a few solutions have already been proposed. Here is a detailed look at other solutions competing with GoNetwork.  While all these solutions have proposed quite innovative pathways to scalability, they are specific to desktop with only limited attention to mobile. GoNetwork, therefore, is unique because of its specialization on the mobile infrastructure. Aside from the various scalability infrastructure highlighted above, some tokens seek to offer solutions that are similar to what GoNetwork provides. Some of these tokens are:  While all the tokens highlighted above work towards achieving financial connectivity, none is addressing the scalability problem of the Ethereum network. GoNetwork, as such, distinguishes itself as the decentralized platform that is taking several bulls head on, and massive bulls at that. # Conclusion At the moment, scaling the Ethereum network is one of the most significant issues in the blockchain ecosystem. It will therefore be interesting to watch how GoNetwork approaches the different layers of complexity while also incorporating solutions for the mobile ecosystem, which differentiates Gonetwork from other competitors. |
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"body": "\n\n# Overview\nGoNetwork is building a platform that aims to sort out the scalability issues on Ethereum. Scaling up Ethereum is a significant concern in the blockchain space because at the moment the network can easily be clogged, like it recently happened with Cryptokitties. Such a situation means that other decentralized applications built on the system, that may need to process hundreds of transaction every second, need longer times for processing these transactions. GoNetwork will solve this problem by allowing users to undertake multiple transactions off-chain which the system will aggregate before taking them back to the blockchain for verification and mining.\n\nWith an already established foothold of the mobile app and gaming industry, GoNetwork hopes that their platform, a facility that unifies the app economies on mobile, web and even desktop environments, will enable users to buy in-app virtual games from across various gaming platforms. If wide adoption is achieved, it could disrupt mobile commerce in more ways than can be conceived at the moment.\n\n\n# Solutions\nThe GoNetwork wants to build a jam-free superhighway for the Ethereum network. A highway solves the perceived scalability problem on the Ethereum network by deploying state channels. A state channel is a tool that permits two people undertaking a transaction to start the transaction on the blockchain and then migrate it off-chain. While off-chain, the involved parties can undertake numerous deals until they are ready to settle up. At the point of settling up, state channels allow the transacting pair to return the deal to the blockchain for verification and mining.\n\nThe nature of blockchain doesn’t demand verification and mining of transactions before they are ready to be added to the chain. GoNetwork is taking advantage of this feature to allow for many deals off-chain until such trades are about to settle up. This innovation unclogs the network, hastens the process of undertaking deals and reduces the cost of transactions.\n\nThe solution that the development team at GoNetwork put forth is a lot similar to what the Raiden and Lightning Network teams are working on for their respective networks. Raiden is a network of payments built on Ethereum while Lightning Network is the scalability solution for the Bitcoin blockchain.\n\n\n# Target Market\nGoNetwork conceptualized GoExchange to bring the gaming ecosystem into the blockchain realm. However, during the process, the team realized that both the latency and transaction throughput features of the existing blockchain networks weren’t going to handle the microtransaction demands of InfiniDy Corp and its over 15 million registered users. As a result, the team embarked on a research journey of scaling solutions.\n\nThe inputs from the research made GoExchange a little more than just a gaming platform of heightened convenience. Instead, the network benefited from features that will help scale up the entire Ethereum network and poise the Platform for mass adoption by developing tools and infrastructure that are specific to the mobile user. Eventually, this will bring GoNetwork’s closer to its target of facilitating universal backing of cryptocurrencies.\n\nGoNetwork plans to reduce congestion using state channels, which are relay tools that allow two people who begin a transaction on the blockchain to take it off-chain and conduct other additional deals. The two can then bring the arrangement back to the blockchain for completion, verification, and mining.\n\nThe direct transaction lines created by the state channels transform into one massive network of channels that can then connect everyone on mobile via one or multiple indirect connections.\n\n\n# Market Competition\nScalability is a recognized problem in the cryptocurrency space, and a few solutions have already been proposed. Here is a detailed look at other solutions competing with GoNetwork.\n\n\n\nWhile all these solutions have proposed quite innovative pathways to scalability, they are specific to desktop with only limited attention to mobile. GoNetwork, therefore, is unique because of its specialization on the mobile infrastructure.\n\nAside from the various scalability infrastructure highlighted above, some tokens seek to offer solutions that are similar to what GoNetwork provides. Some of these tokens are:\n\n\n\nWhile all the tokens highlighted above work towards achieving financial connectivity, none is addressing the scalability problem of the Ethereum network. GoNetwork, as such, distinguishes itself as the decentralized platform that is taking several bulls head on, and massive bulls at that.\n\n# Conclusion\nAt the moment, scaling the Ethereum network is one of the most significant issues in the blockchain ecosystem. It will therefore be interesting to watch how GoNetwork approaches the different layers of complexity while also incorporating solutions for the mobile ecosystem, which differentiates Gonetwork from other competitors.",
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}magic8ballreplied to @blocktechster / 20180211t231528725z2018/02/11 23:15:42
magic8ballreplied to @blocktechster / 20180211t231528725z
2018/02/11 23:15:42
| parent author | blocktechster |
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| author | magic8ball |
| permlink | 20180211t231528725z |
| title | |
| body | To the question in your title, my Magic 8-Ball says:<blockquote>My sources say no</blockquote><hr>*Hi! I'm a bot, and this answer was posted automatically. Check [this post out](https://steemit.com/introduceyourself/@magic8ball/introducing-the-magic-8-ball-bot) for more information.* |
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"body": "To the question in your title, my Magic 8-Ball says:<blockquote>My sources say no</blockquote><hr>*Hi! I'm a bot, and this answer was posted automatically. Check [this post out](https://steemit.com/introduceyourself/@magic8ball/introducing-the-magic-8-ball-bot) for more information.*",
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}blocktechsterpublished a new post: is-the-tomo-network-a-viable-scalability-solution-for-ethereum2018/02/11 23:15:24
blocktechsterpublished a new post: is-the-tomo-network-a-viable-scalability-solution-for-ethereum
2018/02/11 23:15:24
| parent author | |
| parent permlink | tomochain |
| author | blocktechster |
| permlink | is-the-tomo-network-a-viable-scalability-solution-for-ethereum |
| title | Is The Tomo Network a Viable Scalability Solution for Ethereum? |
| body |  # Overview At the moment, scaling the available blockchain networks to support mass adoption remains one of the significant hurdles in the blockchain ecosystem. And, solutions are not coming fast enough, which is frustrating because there isn’t a scientific method of determining the limits of the various platforms. The ability to perform as many transactions as possible within a given time is among the factors that will help cryptocurrencies achieve mass adoption. Right now, the Ethereum network, for instance, only manages a paltry 15 transactions every second, which is child play considering that Visa can reach an incredible 45,000 operations within the same time frame. These figures paint a depressing picture, especially considering that Ethereum caries the tag of the most scalable blockchain network. Instead, the statistics almost hint at underperforming smart contracts. However, the Tomo Network may just have the cure to this chronic malaise that is threatening to keep away the gains that the blockchain technology promises. Through the combination of the TomoChain, TomoApp, and TomoWallet, which collectively make the Tomo Network, the platform promises to improve scalability and interoperability, two significant challenges hindering mass adoption of cryptocurrencies at the moment. # Why is full scalability so hard to attain? Ethereum and Bitcoin, and virtually all blockchain networks that naturally apply the combination of incentives and technical methods to ensure security and accuracy, face a problem of striking a perfect balance of these incentives and methods while growing the number of users. Ideally, this growth should allow an ordinary user to perform daily life activities such as ordering coffee or playing computer games. Nevertheless, it is these standard applications that have presented the most significant challenges this far. Take the case of Etheremon, for instance; upon release in Q4 of 2017, this game that allows players to capture monsters and morph them into a battle team quickly, gained a foothold of the gaming world in the crypto ecosystem. The popularity was such that in just about 24 hours, the game’s network already had almost 20,000 transactions. These numbers may not seem much, but that number of operations clogged the Ethereum network. During Etheremon’s short lap of fame in the Ethereum blockchain, the cost of transactions also skyrocketed. And, while cryptocurrencies are synonymous with volatility, such fluxes in transaction costs move them even further from shifting into technologies that can solve day-to-day issues from their current status as speculative assets. # How will the Tomo Network improve the situation? TomoChain proposes a network of chains that can support both token issuance and decentralized applications (dApps) and envisions using scaling the possibilities that smart contracts offer to provide instant transaction confirmations at near-nil fees. To attain this lofty vision, TomoChain proposes to adopt horizontal scaling, which entails proving a second, better-performing layer of blockchain that, fused to the Ethereum blockchain, will allow for atomic cross-chain transfers. The ecosystem built as a result will enhance easy deployment of dApps and in the long run, it will make the Ethereum platform operate faster while making the TomoChain attractive by the domino effect. The Tomo Network shall comprise of the central platform, TomoChain, which shall provide the essential infrastructure that facilitates all the upscaling and interoperability solutions. However, the network shall also avail an app, TomoApp, and a wallet, TomoWallet. The former shall act as a convergence of knowledge and allow users to generate content and share these with friends and followers. Moreover, the application shall create conduits that users can utilize to ask for information from experts. And, the aid experts shall be able to build a following and share information with their fan base. # What makes the Tomo Network different? The TomoChain is by no means the only scalability solution in the blockchain ecosystem. The Ethereum in-house development team is exploring solutions through Plasma while another project, the Raiden Network, is also working on similar solutions. These three differ on their approach. The Raiden Network, for instance, concentrates more on taking the bulk of the transactions that clog the network off-chain while still enhancing trust among the transacting parties. Plasma, on the other hand, hopes to change Ethereum from within. The developers suggest that Plasma uses economic rewards to replace the central server farms and unchain the network in the process. These solutions are great, and while their answers hope to solve many underlying issues affecting the blockchain ecosystem, none of them explicitly mentions how to tackle the cost of transactions. This situation is somewhat weird considering that price is one of the leading issues why the blockchain was invented in the first place. In this regard, the TomoChain stands out, mainly because it will not only scale up the Ethereum platform, but it will also increase the speed of mining while reducing the overall costs of undertaking transaction. # Other Solutions (Interoperability) The Raiden Network and Plasma are working on solutions that will scale Ethereum. However, other blockchain solutions seek to improve interoperability. These are Wanchain, ICON, and AION. AION proposes to become the universal protocol that blockchains apply to create a conduit between them; the same proposal that ICON wants to implement. ICON, however, hopes to do this without involving an intermediary. Wanchain, on the other hand, wants to create a distributed platform that works a little like the Tomo Network by enabling adoption of smart contracts over a private cross-blockchain network. # Conclusion It is evident from this narrative that a lot is happening in the blockchain environment to solve the problems currently plaguing the technology. However, all these developments fall short of the perceived achievement that the Tomo Network could achieve at maturity. The network is especially attractive because the technology is comprehensive, and the brains behind it have the requisite skills, experience and drive to see the project through. **Website**: www.tomocoin.io **Telegram**: https://t.me/tomocoin **Code**: d6209c |
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"body": "\n\n# Overview\nAt the moment, scaling the available blockchain networks to support mass adoption remains one of the significant hurdles in the blockchain ecosystem. And, solutions are not coming fast enough, which is frustrating because there isn’t a scientific method of determining the limits of the various platforms.\n\nThe ability to perform as many transactions as possible within a given time is among the factors that will help cryptocurrencies achieve mass adoption. Right now, the Ethereum network, for instance, only manages a paltry 15 transactions every second, which is child play considering that Visa can reach an incredible 45,000 operations within the same time frame.\n\nThese figures paint a depressing picture, especially considering that Ethereum caries the tag of the most scalable blockchain network. Instead, the statistics almost hint at underperforming smart contracts. However, the Tomo Network may just have the cure to this chronic malaise that is threatening to keep away the gains that the blockchain technology promises.\n\nThrough the combination of the TomoChain, TomoApp, and TomoWallet, which collectively make the Tomo Network, the platform promises to improve scalability and interoperability, two significant challenges hindering mass adoption of cryptocurrencies at the moment.\n\n\n# Why is full scalability so hard to attain?\nEthereum and Bitcoin, and virtually all blockchain networks that naturally apply the combination of incentives and technical methods to ensure security and accuracy, face a problem of striking a perfect balance of these incentives and methods while growing the number of users. Ideally, this growth should allow an ordinary user to perform daily life activities such as ordering coffee or playing computer games.\n\nNevertheless, it is these standard applications that have presented the most significant challenges this far. Take the case of Etheremon, for instance; upon release in Q4 of 2017, this game that allows players to capture monsters and morph them into a battle team quickly, gained a foothold of the gaming world in the crypto ecosystem. The popularity was such that in just about 24 hours, the game’s network already had almost 20,000 transactions. These numbers may not seem much, but that number of operations clogged the Ethereum network.\n\nDuring Etheremon’s short lap of fame in the Ethereum blockchain, the cost of transactions also skyrocketed. And, while cryptocurrencies are synonymous with volatility, such fluxes in transaction costs move them even further from shifting into technologies that can solve day-to-day issues from their current status as speculative assets.\n\n\n# How will the Tomo Network improve the situation?\nTomoChain proposes a network of chains that can support both token issuance and decentralized applications (dApps) and envisions using scaling the possibilities that smart contracts offer to provide instant transaction confirmations at near-nil fees.\n\nTo attain this lofty vision, TomoChain proposes to adopt horizontal scaling, which entails proving a second, better-performing layer of blockchain that, fused to the Ethereum blockchain, will allow for atomic cross-chain transfers.\nThe ecosystem built as a result will enhance easy deployment of dApps and in the long run, it will make the Ethereum platform operate faster while making the TomoChain attractive by the domino effect.\n\nThe Tomo Network shall comprise of the central platform, TomoChain, which shall provide the essential infrastructure that facilitates all the upscaling and interoperability solutions. However, the network shall also avail an app, TomoApp, and a wallet, TomoWallet. The former shall act as a convergence of knowledge and allow users to generate content and share these with friends and followers. Moreover, the application shall create conduits that users can utilize to ask for information from experts. And, the aid experts shall be able to build a following and share information with their fan base.\n\n\n# What makes the Tomo Network different?\nThe TomoChain is by no means the only scalability solution in the blockchain ecosystem. The Ethereum in-house development team is exploring solutions through Plasma while another project, the Raiden Network, is also working on similar solutions.\n\nThese three differ on their approach. The Raiden Network, for instance, concentrates more on taking the bulk of the transactions that clog the network off-chain while still enhancing trust among the transacting parties. Plasma, on the other hand, hopes to change Ethereum from within. The developers suggest that Plasma uses economic rewards to replace the central server farms and unchain the network in the process.\n\nThese solutions are great, and while their answers hope to solve many underlying issues affecting the blockchain ecosystem, none of them explicitly mentions how to tackle the cost of transactions. This situation is somewhat weird considering that price is one of the leading issues why the blockchain was invented in the first place. In this regard, the TomoChain stands out, mainly because it will not only scale up the Ethereum platform, but it will also increase the speed of mining while reducing the overall costs of undertaking transaction.\n\n\n# Other Solutions (Interoperability)\nThe Raiden Network and Plasma are working on solutions that will scale Ethereum. However, other blockchain solutions seek to improve interoperability. These are Wanchain, ICON, and AION.\n\nAION proposes to become the universal protocol that blockchains apply to create a conduit between them; the same proposal that ICON wants to implement. ICON, however, hopes to do this without involving an intermediary. Wanchain, on the other hand, wants to create a distributed platform that works a little like the Tomo Network by enabling adoption of smart contracts over a private cross-blockchain network.\n\n\n# Conclusion\nIt is evident from this narrative that a lot is happening in the blockchain environment to solve the problems currently plaguing the technology. However, all these developments fall short of the perceived achievement that the Tomo Network could achieve at maturity. The network is especially attractive because the technology is comprehensive, and the brains behind it have the requisite skills, experience and drive to see the project through.\n\n\n\n\n**Website**: www.tomocoin.io\n\n**Telegram**: https://t.me/tomocoin\n\n**Code**: d6209c",
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}2018/02/11 22:48:30
2018/02/11 22:48:30
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}blocktechsterpublished a new post: tomochain-is-developing-a-more-innovative-internet-of-value2018/02/11 22:48:24
blocktechsterpublished a new post: tomochain-is-developing-a-more-innovative-internet-of-value
2018/02/11 22:48:24
| parent author | |
| parent permlink | tomochain |
| author | blocktechster |
| permlink | tomochain-is-developing-a-more-innovative-internet-of-value |
| title | TomoChain is Developing a More Innovative Internet of Value |
| body |  # Overview The blockchain technology is thriving because it is keen in addressing a lot of the shortfalls of the systems and procedures that power almost every sector of the economy. Its disruptive capabilities have been very influential in the finance sector in particular, but the technology is gaining traction in government administration and service provision functions as well. Despite these grand achievements, the pioneer blockchain networks (Bitcoin, Ethereum, Neo and a few others) that allow for the deployment of decentralized applications (dApps), now stand vulnerable because they aren’t scalable enough. Besides, they offer relatively lower levels of trust and have comparatively harder and complicated token integration processes. In the near future, players in the blockchain environment are about to experience a change. TomoChain, a new entrant in the field of Internet of Value, plans to counter the scalability issue by building an infrastructure that supports horizontal scaling by allowing the system to attach second layer blockchains that have better performance to integrate to the Ethereum to facilitate both backup services as well as atomic cross-chain transfers. To this end, TomoChain aspires to become a system of chains that support instant confirmations at almost zero fees. Such a network will solve three of the most critical applications of decentralized networks, which are the deployment of dApps, issuance of tokens and their integration for businesses of all sizes. # The TomoChain Products To become the lead authority in designing the Internet of Value, the Tomo Network proposes to assemble an infrastructure comprising of TomoChain (the parent infrastructure which will provide an alternative secure, transparent, inclusive, efficient and more equitable financial system), TomoApp and TomoWallet. These three components of the Tomo Network shall be powered by TomoCoin (TMC). ### TomoChain Scalability of the Ethereum network is a pressing issue in the blockchain ecosystem, and through TomoChain, the system’s developers hope to create a system of chains that enhance instant confirmations at almost zero transaction fees. The development team hopes that this network shall offer the best solution for businesses looking to integrate tokens into the decentralized systems. ### TomoWallet A user-friendly and secure coin wallet that gives network users full financial control is a critical component of the Internet of Value. The developers of TomoChain hold the same view and are developing a wallet that they hope will bridge the gap between mainstream users and cryptocurrency enthusiasts and it will encourage mass adoption of cryptocurrencies. It will allow users to store TomoCoin and Ethereum as well as other coins securely. Besides, it will enable users to send these coins and tokens to both friends and contacts, including a social feature that allows the exchange of messages between individuals on the network. ### TomoApp This social consumer app builds a contributor network characterized by an incentive system that encourages the app users to contribute in creating a vibrant knowledge sharing network. The features of this revolutionary application include: • Mobile and PC compatibility. • Friend to friend and friend to expert question channels. Users can also pose questions to the community in general. • The contribution of knowledge via text or short videos. • Creation of personalized feeds with custom information. • Connecting friends and creation of channels where users can spread their content. • Multilingual. # Challenges and Threats The Tomo network holds great promise, and even the ICO stands on a different, slightly heightened pedestal since the platform offers contributors real and verifiable deliverables. Of note, however, is the cross-chain scaling solution that the Tomo Network shall offer. As it seeks to increase the efficiency and interoperability of Ethereum, it is building a reputation as Ethereum’s complement rather than competition. A lot of start-ups at the moment, prefer to hedge their ICOs and bring up their products on the Ethereum ecosystem, a fact that positions the Tomo Network as the best alternative for the provision of better speeds at only a fraction of the cost. Tomo Network’s ability to scale up Ethereum smart contracts via cross-chain token transfers makes the network attractive to businesses and developers alike, and in the long run, will bring significant financial returns to the contributors. All these points can’t be without challenges. Some areas may make it necessary for the developers to move a little faster than the pace highlighted in the roadmap. Though the Tomo Network seeks to scale up Ethereum, and mostly as a complementary solution, the platform’s place as a competitor to other scalability solutions cannot be downplayed. In this regard, the Q4 date for rolling out the mainnet of the platform seems a long way away. This vulnerability arises because if any of the scalability development teams say the Raiden Network or Plasma can conjure a functional upscaling solution and launch its beta version before Tomo activates its own, then the platform’s relevance may miss the mark. # Overall Industry Outlook It is now clear that Ethereum will maintain its relevance only if it can support all its users. However, no one can establish the capability of the network at the moment. And, while Ethereum may brag of better scalability compared to other blockchain networks, this advantage is not enough for the hundreds that want to hedge their products on the system. Though many upscaling projects are underway, a comprehensive solution remains unforeseen, at least for the moment because of the combination of incentives and security features that these pioneer blockchain networks employ to ensure accuracy. The said combo balloons the size of transactions thus restricting the speed of the system. Also, each of the various scaling experiments currently underway looks at a specific aspect of the problem. However, much hope rests with the Tomo Network because its approach and the technical capability of the team implementing is above reproach. Regarding the implementation of a relevant Internet of Value, the Tomo Network has Ethereum and NEO as the leading competitors. However, all three differentiate themselves regarding their end goals. NEO hopes to create a distributed network of smart economies that use the blockchain technology, and especially digital identity to digitize assets and automate the management of the underlying assets while relying on the elaborate abilities of smart contracts. Ethereum, on the other hand, strives to create the Internet 3.0 where dApps facilitate accessibility and enhance trust. While the ambitions of the Tomo Network revolve around accessibility, the key priority is to offer instant confirmations while reducing the cost of undertaking transactions on the blockchain. # Conclusion The Tomo Network presents exciting possibilities, and stakeholders are keenly anticipating the Q4 of 2018 to experience the promised changes. For now, the hype is concentrated on the upcoming Tomochain ICO which comes with a low market cap of $8,5 million. **Website:** www.tomocoin.io **Telegram:** https://t.me/tomocoin **Code:** d6209c |
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"body": "\n\n# Overview\nThe blockchain technology is thriving because it is keen in addressing a lot of the shortfalls of the systems and procedures that power almost every sector of the economy. Its disruptive capabilities have been very influential in the finance sector in particular, but the technology is gaining traction in government administration and service provision functions as well. \n\nDespite these grand achievements, the pioneer blockchain networks (Bitcoin, Ethereum, Neo and a few others) that allow for the deployment of decentralized applications (dApps), now stand vulnerable because they aren’t scalable enough. Besides, they offer relatively lower levels of trust and have comparatively harder and complicated token integration processes.\n\nIn the near future, players in the blockchain environment are about to experience a change. TomoChain, a new entrant in the field of Internet of Value, plans to counter the scalability issue by building an infrastructure that supports horizontal scaling by allowing the system to attach second layer blockchains that have better performance to integrate to the Ethereum to facilitate both backup services as well as atomic cross-chain transfers.\n\nTo this end, TomoChain aspires to become a system of chains that support instant confirmations at almost zero fees. Such a network will solve three of the most critical applications of decentralized networks, which are the deployment of dApps, issuance of tokens and their integration for businesses of all sizes.\n\n# The TomoChain Products\nTo become the lead authority in designing the Internet of Value, the Tomo Network proposes to assemble an infrastructure comprising of TomoChain (the parent infrastructure which will provide an alternative secure, transparent, inclusive, efficient and more equitable financial system), TomoApp and TomoWallet. These three components of the Tomo Network shall be powered by TomoCoin (TMC).\n\n### TomoChain\nScalability of the Ethereum network is a pressing issue in the blockchain ecosystem, and through TomoChain, the system’s developers hope to create a system of chains that enhance instant confirmations at almost zero transaction fees. The development team hopes that this network shall offer the best solution for businesses looking to integrate tokens into the decentralized systems.\n\n### TomoWallet\nA user-friendly and secure coin wallet that gives network users full financial control is a critical component of the Internet of Value. The developers of TomoChain hold the same view and are developing a wallet that they hope will bridge the gap between mainstream users and cryptocurrency enthusiasts and it will encourage mass adoption of cryptocurrencies.\n\nIt will allow users to store TomoCoin and Ethereum as well as other coins securely. Besides, it will enable users to send these coins and tokens to both friends and contacts, including a social feature that allows the exchange of messages between individuals on the network.\n\n### TomoApp\nThis social consumer app builds a contributor network characterized by an incentive system that encourages the app users to contribute in creating a vibrant knowledge sharing network. The features of this revolutionary application include:\n•\tMobile and PC compatibility.\n•\tFriend to friend and friend to expert question channels. Users can also pose questions to the community in general.\n•\tThe contribution of knowledge via text or short videos.\n•\tCreation of personalized feeds with custom information.\n•\tConnecting friends and creation of channels where users can spread their content.\n•\tMultilingual.\n\n# Challenges and Threats\nThe Tomo network holds great promise, and even the ICO stands on a different, slightly heightened pedestal since the platform offers contributors real and verifiable deliverables. \n\nOf note, however, is the cross-chain scaling solution that the Tomo Network shall offer. As it seeks to increase the efficiency and interoperability of Ethereum, it is building a reputation as Ethereum’s complement rather than competition.\n\nA lot of start-ups at the moment, prefer to hedge their ICOs and bring up their products on the Ethereum ecosystem, a fact that positions the Tomo Network as the best alternative for the provision of better speeds at only a fraction of the cost. Tomo Network’s ability to scale up Ethereum smart contracts via cross-chain token transfers makes the network attractive to businesses and developers alike, and in the long run, will bring significant financial returns to the contributors.\n\nAll these points can’t be without challenges. Some areas may make it necessary for the developers to move a little faster than the pace highlighted in the roadmap. Though the Tomo Network seeks to scale up Ethereum, and mostly as a complementary solution, the platform’s place as a competitor to other scalability solutions cannot be downplayed. In this regard, the Q4 date for rolling out the mainnet of the platform seems a long way away. This vulnerability arises because if any of the scalability development teams say the Raiden Network or Plasma can conjure a functional upscaling solution and launch its beta version before Tomo activates its own, then the platform’s relevance may miss the mark.\n\n# Overall Industry Outlook\nIt is now clear that Ethereum will maintain its relevance only if it can support all its users. However, no one can establish the capability of the network at the moment. And, while Ethereum may brag of better scalability compared to other blockchain networks, this advantage is not enough for the hundreds that want to hedge their products on the system.\n\nThough many upscaling projects are underway, a comprehensive solution remains unforeseen, at least for the moment because of the combination of incentives and security features that these pioneer blockchain networks employ to ensure accuracy. The said combo balloons the size of transactions thus restricting the speed of the system. Also, each of the various scaling experiments currently underway looks at a specific aspect of the problem. However, much hope rests with the Tomo Network because its approach and the technical capability of the team implementing is above reproach.\n\nRegarding the implementation of a relevant Internet of Value, the Tomo Network has Ethereum and NEO as the leading competitors. However, all three differentiate themselves regarding their end goals. NEO hopes to create a distributed network of smart economies that use the blockchain technology, and especially digital identity to digitize assets and automate the management of the underlying assets while relying on the elaborate abilities of smart contracts. Ethereum, on the other hand, strives to create the Internet 3.0 where dApps facilitate accessibility and enhance trust.\n\nWhile the ambitions of the Tomo Network revolve around accessibility, the key priority is to offer instant confirmations while reducing the cost of undertaking transactions on the blockchain.\n\n# Conclusion\nThe Tomo Network presents exciting possibilities, and stakeholders are keenly anticipating the Q4 of 2018 to experience the promised changes. For now, the hype is concentrated on the upcoming Tomochain ICO which comes with a low market cap of $8,5 million.\n\n\n**Website:** www.tomocoin.io\n**Telegram:** https://t.me/tomocoin\n**Code:** d6209c",
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}2018/02/09 06:47:48
2018/02/09 06:47:48
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| body | Congratulations @blocktechster! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@blocktechster) You got a First Vote Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)! |
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}bilalshoonaupvoted (100.00%) @blocktechster / blockchain-competition-in-the-gaming-industry2018/02/08 18:29:42
bilalshoonaupvoted (100.00%) @blocktechster / blockchain-competition-in-the-gaming-industry
2018/02/08 18:29:42
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}blocktechsterpublished a new post: blockchain-competition-in-the-gaming-industry2018/02/08 18:17:42
blocktechsterpublished a new post: blockchain-competition-in-the-gaming-industry
2018/02/08 18:17:42
| parent author | |
| parent permlink | gaming |
| author | blocktechster |
| permlink | blockchain-competition-in-the-gaming-industry |
| title | Blockchain Competition in the Gaming Industry |
| body |  # Gaming industry outlook Most sectors of modern economies have already started adopting blockchain technologies in order to benefit from the offered transparency, decentralization, security and efficiency. When it comes to the gaming industry, there are already a number of cryptocurrencies that are changing the way the industry traditionally worked. Some of these technologies are still in infant stages while others have a working product. At the moment, an estimation of the market cap of the existing cryptocurrencies in the gaming industry would be approximately 2 billion. Although this may initially sound a lot, let’s put things into perspective:  Considering the table above and the fact that 2.3 billion people play games every day, there is a lot of room for growth in the gaming industry which is projected to reach $128.5 billion by 2020. This growth creates a very positive industry outlook for the blockchain technologies which are rapidly entering and revolutionizing the space. # Market Competition There are already dozens of cryptocurrencies that offer different services in the gaming industry. Below is an indicative list of the big blockchain market players:  On top of these tokens, there are a number of esports tokens such as DreamTeam, Esports Gold, Esports.com, First Blood, Gimli, GZR, HERO, Krowns, LEAP, LevelUp Coin, SkinCoin, Skrilla, UnikrnGold as well as smaller cap coins such as Game Machine or FLUX. Most of the tokens above focus on solving different problems or the same problem with a different approach. They are using blockchain technologies to offer services such as trading virtual assets, making payments, creating cloud gaming or virtual reality platforms and many other. The latest ICO in the gaming industry, Refereum, was completed on February 8th. Refereum is trying to solve a different problem than the tokens above, focusing on the marketing inefficiencies of the industry and aiming to redistribute the marketing costs from the traditional advertising companies to the gamers and influencers (promoters, streamers etc.). This redistribution of money takes place through the Refereum token which is offered as a reward to the engaged users. Essentially, it is a referral marketing platform that rewards players and influencers for promoting online games. # The Future of The Gaming Industry In 2018, we expect more cryptocurrencies entering the gaming industry as well as wider adoption of the underlying technologies. New solutions will be offered, competition will increase and partnerships between different gaming cryptocurrencies will be made. Fundamental changes are coming to the gaming industry. |
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"body": "\n\n# Gaming industry outlook\n\nMost sectors of modern economies have already started adopting blockchain technologies in order to benefit from the offered transparency, decentralization, security and efficiency. When it comes to the gaming industry, there are already a number of cryptocurrencies that are changing the way the industry traditionally worked. Some of these technologies are still in infant stages while others have a working product.\n\nAt the moment, an estimation of the market cap of the existing cryptocurrencies in the gaming industry would be approximately 2 billion. Although this may initially sound a lot, let’s put things into perspective:\n\n\n\nConsidering the table above and the fact that 2.3 billion people play games every day, there is a lot of room for growth in the gaming industry which is projected to reach $128.5 billion by 2020. This growth creates a very positive industry outlook for the blockchain technologies which are rapidly entering and revolutionizing the space.\n\n\n# Market Competition\nThere are already dozens of cryptocurrencies that offer different services in the gaming industry. Below is an indicative list of the big blockchain market players:\n\n\n\nOn top of these tokens, there are a number of esports tokens such as DreamTeam, Esports Gold, Esports.com, First Blood, Gimli, GZR, HERO, Krowns, LEAP, LevelUp Coin, SkinCoin, Skrilla, UnikrnGold as well as smaller cap coins such as Game Machine or FLUX.\n\nMost of the tokens above focus on solving different problems or the same problem with a different approach. They are using blockchain technologies to offer services such as trading virtual assets, making payments, creating cloud gaming or virtual reality platforms and many other. \n\nThe latest ICO in the gaming industry, Refereum, was completed on February 8th. Refereum is trying to solve a different problem than the tokens above, focusing on the marketing inefficiencies of the industry and aiming to redistribute the marketing costs from the traditional advertising companies to the gamers and influencers (promoters, streamers etc.). This redistribution of money takes place through the Refereum token which is offered as a reward to the engaged users. Essentially, it is a referral marketing platform that rewards players and influencers for promoting online games. \n\n# The Future of The Gaming Industry\nIn 2018, we expect more cryptocurrencies entering the gaming industry as well as wider adoption of the underlying technologies. New solutions will be offered, competition will increase and partnerships between different gaming cryptocurrencies will be made. Fundamental changes are coming to the gaming industry.",
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}vernovalupvoted (100.00%) @blocktechster / gonetwork-is-it-worth-investing2018/01/31 07:00:30
vernovalupvoted (100.00%) @blocktechster / gonetwork-is-it-worth-investing
2018/01/31 07:00:30
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}eggorich19upvoted (100.00%) @blocktechster / gonetwork-is-it-worth-investing2018/01/31 06:59:51
eggorich19upvoted (100.00%) @blocktechster / gonetwork-is-it-worth-investing
2018/01/31 06:59:51
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}blocktechsterupdated their account properties2018/01/30 21:37:45
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2018/01/30 21:37:45
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}blocktechsterupdated their account properties2018/01/30 21:36:15
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}blocktechsterupdated their account properties2018/01/30 21:35:21
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}blocktechsterpublished a new post: gonetwork-is-it-worth-investing2018/01/30 21:29:03
blocktechsterpublished a new post: gonetwork-is-it-worth-investing
2018/01/30 21:29:03
| parent author | |
| parent permlink | gonetwork |
| author | blocktechster |
| permlink | gonetwork-is-it-worth-investing |
| title | GoNetwork — Is it worth investing? |
| body |  # Overview The blockchain revolution is rapidly taking over the world. Thanks to this technology, most segments of the economy are now witnessing disruptive innovations that change the way humankind conduct transactions. These innovations have not yet adequately penetrated the mobile space which is rather unfortunate considering that the mobile platform holds the key to universal adoption of any world trend. GoNetwork wants to change this situation. Their proposed platform is built on the premise that enhancing the scalability of the Ethereum network using mobile solutions is a sure way to strengthen the utility of the blockchain network and shift the consumer markets to the digital economy. In order to achieve this elaborate vision, GoNetwork wants to implement the following procedures: · Create an infrastructure on mobile that makes the Ethereum network highly-scalable to allow a considerable number of transactions per second. The team hopes to achieve this by enabling the infrastructure to carry out off-chain transactions. · Leverage GoNetwork to promote strong use case and use GoExchange, their virtual goods trading platform to exhibit the network’s overall capacity to deliver on its mandate. · Develop and launch the pocket product and use it to enable cryptocurrencies to attain mass adoption. # The GoNetwork Product The GoNetwork team contends that the two main impediments to working on the Ethereum network in future are scaling up of the network transactions and attaining mass user adoption. They aim to help Ethereum solve these problems by using mobile’s accessibility and compatibility using their platform, GoExchange. # GoExchange GoExchange is GoNetwork’s platform that enables users to sell or purchase virtual goods across several game ecosystems. In attaining this dream, virtual goods and virtual money availed in the system will open the transaction space so users can acquire what many of them choose to get on the black market. The team intends to solve the scalability conundrum by applying state channels, which is a method that permits two people to initiate a transaction on the blockchain and then transfer the underlying dealing off-chain where they can carry out an unlimited number of direct deals until they are ready to settle. Before settling, the transacting pair will bring the trade back to the blockchain for a conclusion, verification, and mining. Since the blockchain only verifies and avails for mining, deals that are prime for settling, conducting the other dealings out of the blockchain makes the whole process fast and less expensive. Access and utility of the GoExchange will be facilitated by the custom token, GoToken (GOT). Aside from GoExchange, the network will also roll out Pocket, an award-winning entrant of the Waterloo Hackathon and a financial literacy tool that enhances both gamification, transparency and parental controls. # Use case of the platform The use case of the GoExchange is strong because of the following points: · It will apply mainly to virtual goods and in-app purchases · The mobile app economy is growing fast; its year on year growth stands at 37% with a projected worth of about US$ 6.5 trillion in 2021. · Virtual goods, the prime target of GoNetwork now constitute about 10% of the overall mobile app economy. · An average mobile app user will spend US$ 1,000 or more every year on mobile app-related purchases by 2021. · The rise in demand for Ethereum. # The Target Market Capitalization The market capitalization of a token refers to the value of the tokens in circulation. GoNetwork is offering 100,000,000 GoTokens to go into circulation. Of these, 50% or 50,000,000 are available to the public via the ICO while the development team will retain 20% to go towards platform development, ecosystem incentives, marketing and other housekeeping purposes. The other 25% is reserved for the core developers while the advisors’ stake is 5%. The target market capitalization given so far by the GoNetwork team is US$ 30,000,000. # Roadmap According to the GoNetwork roadmap, the team will oversee the development of GoExchange in Q1 of 2018, which includes creating the core payment platform for iOS as well as the user dashboard. During this period, GoNetwork shall undertake closed testing of the exchange on dubsquad.me. Other tests that shall be conducted during this quarter include the lifetime incentivizes and off-chain transaction metrics. The network will then launch the beta version of GoExchange in Q2 of 2018. This will serve as the virtual good exchange platform mainly for InfiniDy Corp mobile games. However, the network intends to provide convenient solutions for other gaming houses and is already inviting game developers to enlist to make the most of GoNetwork’s innovation. The team will also explore partnership opportunities both within governments and other blockchain applications within the gaming industry. In the third quarter of 2018, GoNetwork will undertake marketing, awareness, and meetups among developers as well as incentivized developer partnership agreements. Q3 of 2018 will be the busiest; InfiniDy users will get a feel of GoExchange when the team integrates GoExchange SDK into all InfiniDy Corp games and dubsquad.me Finally, the year will culminate with the Unity launch of GoExchange for both Android and desktop followed by global expansion and a series of hackathons. # The Team The team behind GoNetwork includes proven business people that have both collectively and individually developed companies and products that serve millions of users. The core team is made up of seven individuals who have over 50 years of collective experience in the finance, banking, legal and human resource fields and another eight years of experience specifically in developing mobile applications. Rashid Khan, who is the CEO, founded InfiniDy Corp in 2009 and he oversaw the creation of Happy Park, an iOS theme park simulation game that will incorporate the GoExchange solutions. # Conclusion GoNetwork is an elaborate and ambitious project. Its utility is certain, the team is headed by entrepreneurs with substantial experience in developing apps and there is already an established user base. Considering its low market cap and the hype surrounding the project (at the moment it is one of the most busy ICO telegram channels), it is a great investment opportunity. |
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"title": "GoNetwork — Is it worth investing?",
"body": "\n\n# Overview\n\nThe blockchain revolution is rapidly taking over the world. Thanks to this technology, most segments of the economy are now witnessing disruptive innovations that change the way humankind conduct transactions. These innovations have not yet adequately penetrated the mobile space which is rather unfortunate considering that the mobile platform holds the key to universal adoption of any world trend.\n\nGoNetwork wants to change this situation. Their proposed platform is built on the premise that enhancing the scalability of the Ethereum network using mobile solutions is a sure way to strengthen the utility of the blockchain network and shift the consumer markets to the digital economy. In order to achieve this elaborate vision, GoNetwork wants to implement the following procedures:\n\n· Create an infrastructure on mobile that makes the Ethereum network highly-scalable to allow a considerable number of transactions per second. The team hopes to achieve this by enabling the infrastructure to carry out off-chain transactions.\n\n· Leverage GoNetwork to promote strong use case and use GoExchange, their virtual goods trading platform to exhibit the network’s overall capacity to deliver on its mandate.\n\n· Develop and launch the pocket product and use it to enable cryptocurrencies to attain mass adoption.\n\n# The GoNetwork Product\n\nThe GoNetwork team contends that the two main impediments to working on the Ethereum network in future are scaling up of the network transactions and attaining mass user adoption. They aim to help Ethereum solve these problems by using mobile’s accessibility and compatibility using their platform, GoExchange.\n\n# GoExchange\n\nGoExchange is GoNetwork’s platform that enables users to sell or purchase virtual goods across several game ecosystems. In attaining this dream, virtual goods and virtual money availed in the system will open the transaction space so users can acquire what many of them choose to get on the black market.\n\nThe team intends to solve the scalability conundrum by applying state channels, which is a method that permits two people to initiate a transaction on the blockchain and then transfer the underlying dealing off-chain where they can carry out an unlimited number of direct deals until they are ready to settle. Before settling, the transacting pair will bring the trade back to the blockchain for a conclusion, verification, and mining. Since the blockchain only verifies and avails for mining, deals that are prime for settling, conducting the other dealings out of the blockchain makes the whole process fast and less expensive.\n\nAccess and utility of the GoExchange will be facilitated by the custom token, GoToken (GOT). Aside from GoExchange, the network will also roll out Pocket, an award-winning entrant of the Waterloo Hackathon and a financial literacy tool that enhances both gamification, transparency and parental controls.\n\n# Use case of the platform\n\nThe use case of the GoExchange is strong because of the following points:\n\n· It will apply mainly to virtual goods and in-app purchases\n\n· The mobile app economy is growing fast; its year on year growth stands at 37% with a projected worth of about US$ 6.5 trillion in 2021.\n\n· Virtual goods, the prime target of GoNetwork now constitute about 10% of the overall mobile app economy.\n\n· An average mobile app user will spend US$ 1,000 or more every year on mobile app-related purchases by 2021.\n\n· The rise in demand for Ethereum.\n\n# The Target Market Capitalization\n\nThe market capitalization of a token refers to the value of the tokens in circulation. GoNetwork is offering 100,000,000 GoTokens to go into circulation. Of these, 50% or 50,000,000 are available to the public via the ICO while the development team will retain 20% to go towards platform development, ecosystem incentives, marketing and other housekeeping purposes. The other 25% is reserved for the core developers while the advisors’ stake is 5%. The target market capitalization given so far by the GoNetwork team is US$ 30,000,000.\n\n# Roadmap\n\nAccording to the GoNetwork roadmap, the team will oversee the development of GoExchange in Q1 of 2018, which includes creating the core payment platform for iOS as well as the user dashboard. During this period, GoNetwork shall undertake closed testing of the exchange on dubsquad.me. Other tests that shall be conducted during this quarter include the lifetime incentivizes and off-chain transaction metrics.\n\nThe network will then launch the beta version of GoExchange in Q2 of 2018. This will serve as the virtual good exchange platform mainly for InfiniDy Corp mobile games. However, the network intends to provide convenient solutions for other gaming houses and is already inviting game developers to enlist to make the most of GoNetwork’s innovation. The team will also explore partnership opportunities both within governments and other blockchain applications within the gaming industry.\n\nIn the third quarter of 2018, GoNetwork will undertake marketing, awareness, and meetups among developers as well as incentivized developer partnership agreements. Q3 of 2018 will be the busiest; InfiniDy users will get a feel of GoExchange when the team integrates GoExchange SDK into all InfiniDy Corp games and dubsquad.me\n\nFinally, the year will culminate with the Unity launch of GoExchange for both Android and desktop followed by global expansion and a series of hackathons.\n\n# The Team\n\nThe team behind GoNetwork includes proven business people that have both collectively and individually developed companies and products that serve millions of users. The core team is made up of seven individuals who have over 50 years of collective experience in the finance, banking, legal and human resource fields and another eight years of experience specifically in developing mobile applications. Rashid Khan, who is the CEO, founded InfiniDy Corp in 2009 and he oversaw the creation of Happy Park, an iOS theme park simulation game that will incorporate the GoExchange solutions.\n\n# Conclusion\n\nGoNetwork is an elaborate and ambitious project. Its utility is certain, the team is headed by entrepreneurs with substantial experience in developing apps and there is already an established user base. Considering its low market cap and the hype surrounding the project (at the moment it is one of the most busy ICO telegram channels), it is a great investment opportunity.",
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}blocktechsterupdated their account properties2018/01/30 21:13:03
blocktechsterupdated their account properties
2018/01/30 21:13:03
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blocktechsterupdated their account properties
2018/01/30 21:09:57
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blocktechsterupdated their account properties
2018/01/30 21:03:45
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}blocktechsterupdated their account properties2018/01/30 20:53:48
blocktechsterupdated their account properties
2018/01/30 20:53:48
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}blocktechsterupdated their account properties2018/01/30 20:50:06
blocktechsterupdated their account properties
2018/01/30 20:50:06
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}anonsteemcreated a new account: @blocktechster2018/01/30 20:33:03
anonsteemcreated a new account: @blocktechster
2018/01/30 20:33:03
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Voting Power100.00%
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}Witness Votes
0 / 30
No active witness votes.
[]