Print Page - [ANN] Qcoin: Smart Networks -> Smart Services -> Smart Economy

### UPDATE

8/3/2019 => Invited to Conferance GovTech.Pioneers in April

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QCoin and Quantum1Net: Design goals and Technical Advantages

Our mission: Smart Networks -> Smart Services -> Smart Economy

SMART ECONOMY = Networking + Resource Sharing+ Decentralized

Networking:
The main design goal of QCoin and Quantum1Net is to create a digital financial system that uses networking as an underlying value, just like the internet works in the sense that everyday internet networking creates value for ISPs, Online Merchants and others. As an overlaying network based on the Internet with blockchain technology and Quantum Protection can be decentralized, truthful, transparent and free of intermediaries.

Quantum1Net firmly believes that it is an irreversible trend that services become distributed and decentralized. To reach this goal, Quantum1Net takes a very different underlying design:

* Use the latest block to randomly nominate micro signing close to the transaction source 
   QCoin transactions made in New York are signed in New York by a pseudo-random nomination function that removes the 51% attack completely.
With micro and macro transactions paths shorter so that transactions can be completed faster, store purchase data or IoT function data do not need to be spread globally for a transaction to be concluded

* Decentralized service control mechanism = Service Manifests 
   This mechanism makes trust-less decentralized services possible. Without a control mechanism, decentralized services cannot be maintained. So the Service Manifest is an amazing breakthrough for decentralization.

Distributed Computing instead of Smart Contracts:
As ”Smart Contracts” as small pieces of code meant to run on a small Virtual Machine and is not distributed in their execution, Quantum1Net is designing a full, distributed computing platform so that any digital service can be deployed on Quantum1Net and gain the benefits of decentralization.
Service Manifests are called upon as middleware that verifies the permissions and policies of a decentralized service, thereby creating the worlds first solution of a multi-service fully decentralized service platform.

* Service Manifest generation  
   The difference between writing a Smart Contract and generating a Service Manifest is like night and day, with a Smart Contract you need to learn a specific programming language and learn how to test it properly as when it is deployed it cannot be edited. Instead, let's say you are looking to generate a Service Manifest for hosting a Web-Page, you just start the Manifest generator and enter the service address (wallet address) and chose if it will be hosted on one specific Node, spread over some specific nodes or be fully distributed, and push go. Your service can be edited by calling up the service manifest again edit it, push update, and it is that simple.

* Quantum1Net lightweight State Machine 
   Quantum1Net uses a lightweight State Machine instead of Turing Incomplete Virtual machine. That so we can guarantee short boot times and don't take any resources compared to a Virtual Machine. The setup of the State Machine includes a series of cryptographic instructions that optimize execution efficiency.

Other Features:
* Better Scalability: Optimized data routing  
   When competing with traditional networking technology solutions, routing is the handicap of decentralized technology. The data packets need to move further in a decentralized network if the nodes are not mapped and their capacity knows at a given time. Quantum1Net optimize routing with knowledge of the underlying infrastructure and can, therefore, shape the network topography at a given time to fit specific nodes requests for service data.

* Quantum-computer-proof technology:  
   The emergence of quantum computers creates a major challenge to RSA and ECC-based cryptographic mechanisms. For quantum computers can solve theses cryptographic problems in an extremely short time. Using in-house developed data tunnels for P2P connection encrypted with Quantum Mechanical generated seeds and key exchange using cellular automata. The ECC parts of the blockchain have been replaced with the Quantum Safe Merkel tree XMMS.

*For more in-depth information on Quantum1Net’s design goal and technical advantages, please reference our White Papers
https://quantum1net.com

Sale is open at -> https://shop.quantum1net.com/qcoin/ (https://shop.quantum1net.com/qcoin/)

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Upcoming Spring/Summer Events

We are pitching at Satellite2019
https://2019.satshow.com/satellite-startup-pitch-workshop/

We will be at GovTech.Pioneer to
https://pioneers.io/events/govtech-pioneers19#/

and at Pioneers
https://pioneers.io/pioneers19#/

We are Exhibiting at Collision in Toronto
https://collisionconf.com/

Will also be at Crypto-Monday in NY, Second Week of May,
if someone wants to meet up for a drink :)
https://www.meetup.com/cryptomondaysnyc/

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Services under Development

DPN - a Decentralized Private Network to replace all VPNs.
   More secure than Tor
   Faster than Normal VPN
   Multi-Hop support
   Location Exit support
   READ MORE: https://quantum1net.com/services/dpn/ (https://quantum1net.com/services/dpn/)

DezComp - Decentralized, Distributed Computing
   AirBnB of Cloud Computing
   share your computer resources to earn
   rent computer resources to run your services
   READ MORE: https://quantum1net.com/whats-been-going-on-at-quantum1net-dezcomp-decentralized-computing-added-to-q1n/ (https://quantum1net.com/whats-been-going-on-at-quantum1net-dezcomp-decentralized-computing-added-to-q1n/)

GhostWire - Distributed Web-Hosting for static pages
   No server needed
   Data can be edited when Retrieved and opened through the Service manifest


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The upcoming release of the Quantum1Net TestNet and the DPN Beta,
Quantum1Net’s Core Nodes will initially only run on Linux or BSD.

YMIR [https://en.wikipedia.org/wiki/Ymir] Is our first and most basic version it does not do a lot
but shows the basic functions of the Yggdrasil Blockchain [https://en.wikipedia.org/wiki/Yggdrasil],
we are basing the versioning naming of the system on Scandinavian mythology, for a simple read you
have Neil Gaiman's ‘Norse Mythology’ [https://www.goodreads.com/book/show/37903770-norse-mythology]
for more advanced you can read the Edda [https://en.wikipedia.org/wiki/Poetic_Edda].

BURI [https://en.wikipedia.org/wiki/B%C3%BAri] adds a lot of features,
like start running your own Q1N node and mint Ⓠ coins,
Encrypted Tunnels between all nodes and clients,
Wallets to hold and use Beta Ⓠ coins,
There will be a DPN client so that we can all connect
to the Clearnet in a safe way,
we will demonstrate how to run your own web server on Q1N
so your service never has to enter the Clearnet.

BOR [https://en.wikipedia.org/wiki/Borr] you will need to have a stake to run a Q1N node,
if you don’t have a stake you can email us and we will help you with that,
the Tunnels are upgraded to Quantum security levels so the system is fully ready for the
coming Quantum Computer Enhanced Hacking fest,
There will be the first release of a GUI wallet and DPN client,
the underlying MeshNet will extend and be controlled by a learning algorithm
that uses ‘network trust’ to achieve maximum performance.

BESTLA [https://en.wikipedia.org/wiki/Bestla] this is the final version before we hit full release,
just as Bestla was the mother of Odin the All-father, she will also be the Mother of Q1N MainNet.
The main feature that is brought online is the balancing of minting by having No-Stake areas and times
so that if you are new to the system you can still enter and start running a minting node.

Not added to this versioning list, is the distributed computing.

This feature list is focused on the Yggdrasil Blockchain and the Decentralized Private Network service,
implementation and Beta release versions of the distributed computing will be released as we finalize the plan.

Phase Zero: v0.1 [Ymir]

Full mesh
Yggdrasil Wallet
Transfer Ⓠ coin between wallets

Phase One: [Buri]

No Stake needed to run any Minting Node
Encrypted tunnels
Terminal-based DPN Client
Socks5 based Service Node
Quantum1Net web server on the Quantum1Net
Service Node to Exit Quantum1Net in Tenerife
Minted Ⓠ coins pass to Phase Two

Phase Two: [Bor]

Root Block Generation Test
Stake Needed =2000 Coins [Receive by email Wallet Address to Quantum1Net]
Quantum Safe tunnels
GUI based DPN Client
Socks5 based Service Node
Quantum1Net web server on the Quantum1Net
Service Node to Exit Quantum1Net in Tenerife, Germany, Sweden
Minted Ⓠ coins pass to Phase Three
Controlled Mesh by trust levels

Phase Three: [Bestla]

Root Block Generation Test
Stake Needed =2000 Coins [Receive by email Wallet Address to Quantum1Net]
Test No-Stake Areas and Periods
GUI based Client Node with Geo-location
Socks5 based Service Node
Quantum1Net web server on the Quantum1Net
Service Node to Exit Quantum1Net in Tenerife, Germany, Sweden
1/100 of minted Ⓠ coins pass over to MainNet
Controlled Mesh by trust levels

Main release v1.0 [Odin]

Sale is open at -> https://shop.quantum1net.com/qcoin/ (https://shop.quantum1net.com/qcoin/)

Contact Us:

General Queries
info@quantum1net.com

Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: quantum1net on March 07, 2019, 09:41:06 AM