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::PopulStay::Superior Guest Experience, Maximised Host Profit::Join Telegram | Whitepaper | Homepage | DEMO
PopulStay is the next generation platform for hospitality management. The platform leverages on cutting-edge technologies from distributed and decentralized computing. BlockChain, IoT, Network Security and combines them with Artificial Intelligence to provide a solution where value provides and consumers are able to exchange value directly, efficiently and seamlessly.
Consequently, PopulStay has an extremely low commission for booking (below 3% if paid by fiat, close to 0% if paid by crypto, competitor 18-20%), and PopulStay requires strict Know Your Property and Know Your Customer before being added to the platform.
Populstay, however, developed the worlds first genuine keyless blockchain-based smart lock and its associated chips. The door locks are managed through a smart contract. The owner of the door lock can determine, who can use the door lock and access the property during which period, and the user of the door lock needs to confirm the transaction of the door lock with a smart phone and gets authenticated first.
We are convinced that smart locks will revolutionize the sharing economy.
This ICO project is one of the eight projects selected by Blockchain Business Camp Tokyo.
What makes PopulStay special?
PopulStay's timeline until TodayJoin Telegram | Whitepaper | Homepage | DEMO
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Quotes for pics NAMINORI PROJECTRegional revitalization project started.Project "NAMINORI" started to revitalize each area in Chiba prefecture In the future connect the whole area that is called the provincial area. NAMINORI is a project that makes full use of the block chain (virtual currency) aiming at regional and regional revitalization beginning in Chiba Prefecture. The virtual currency is attracting attention as a target for investment by some users, but in fact the speculative part is noticeable and its potential can not be fully utilized. In fact, in society we are beginning to take block chain technology into our daily lives. First of all, I am a member of volunteers who love Chiba prefecture, that many of the members come from Chiba Prefecture, and I will manage to aim for regional revitalization in Chiba Prefecture. After that, we will try to develop it nationwide. There are many local currencies, but by operating with Ethereum tokens, synergies with other passes can be considered regardless of their use only in that area. We will increase awareness in cooperation with sightseeing spots, means of settlement at restaurants and community revitalization groups. ★ Website ★ Twitter ★ Discord ★ Facebook ★
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More info would be added soon. Quotes for pics
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Giccoin is a system that solves all these problems by providing a platform that confirms transactions in three seconds, can process up to 10,000 transactions per second, and all with no fees by using new consensus algorithm known as DPoS (Delegated Proof of Stake) Is it really an ann !?
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For pics WEBSITE | TWITTER | DISCORD | EXPLORER | WHITEPAPERSummary:Rapid is a 3rd generation cryptocurrency that will be community based and aims to have low fees, instant transactions and will be fully transparent, which are key elements of a successful coin. Our ultimate aim is to process secure and fast payments for online based marketplaces in the future. We also decided to have masternodes to encourage decentralization. Our technical specifications are:Coin Name: Rapid Ticker: RPD Algorithm: x11 Block Time: 150 seconds Confirmations: 6 Block Size: 2MB (Megabytes) Premined Supply: 15,000,000 RPD Max Supply: 4,500,000,000 RPD Masternode Price: 60,000 RPDMasternodes:Masternodes are a great way to strengthen the decentralized network hosted by the community, it also allows the core functions of InstantSend and PrivateSend to function which allows the full potential of Rapid to be used. It costs 60,000 RPD to host a masternode and the 500 RPD rewards make it a high return of investment. Also with masternodes, you get to govern the proposals sent in by the community whether they deserve a chunk of a superblock to help fund their project. Block Rewards:Roadmap: Got any questions? Feel free to ask here, Twitter or the Discord channel.
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About THALOS Thalos (TLS) is a streamlined cryptonote based, efficient, high secure and supreme discreet cryptocurrency utilizing Proof of Work. It is a transparent open source, global payment network that is fully decentralized and independent from any central authorities. Thalos uses ring signatures for a high level of privacy and security for it’s users. We want to help people all around the world to transfer value anonymously in an absolutely secure and easy way. Simple to use, high level of security and maximum anonymity - that’s what Thalos stands for. Over 3 years of development we are now ready to share our solution with the world. Our vision to give people all over the world access to global sharing of currency completely free of charge and in a high secure way is part of our drive. Key Features - Fresh Codebase: Not just a Bitcoin clone! Written from the ground up in c++.
- Privacy by default: Enhanced privacy on every transaction; thanks to Ring signatures!
- Encrypted Amounts: Encrypted transaction amounts prevent from beeing traced by the amount that has been sent.
- Dynamic Blocksize: Transactions are fast and inexpensive. There is no arbitrary cap on transaction sizes.
- View Key Auditing: Dual key systems allow to authorized other computers or individuals to view incoming transactions without risk.
- ASIC Resistance: Using the CryptoNight algorythm makes Thalos mining resistant to ASIC mining.
- Light Wallets: No need to run a full node in order to use our wallets.
Block Reward / Emission Wallet - Self Developed: We created our wallet from scratch to provide you the best features and fast updates.
- High Secure: Sleep well at night with an encrypted offline-wallet.
- Transferable: Your coins belong to you. Export your wallet whenever you want.
- Offline Storage: Your private keys will never leave your computer.
Roadmap - OSX Wallet Q3 2018: Finalize and release Thalos wallet for OSX Systems.
- Exchange listings (continuous): Get in touch with more exchanges and submit coin listing requests.
- Miner wallet integration Q3 / Q4 2018: Implement an easy to use mining platform inside the thalos wallet for cpu and gpu mining.
- Mobile wallets Q4 2018: Getting in touch with multi coin mobile wallet developers and maybe create a partnership or develop our own mobile wallet.
- Payment provider integration Q4 2018: Contacting common crypto payment providers and talk about coin integrations.
- E-commerce partnerships Q1 2019: Creating partnerships with shop owners that want to accept crypto and help with integration of crypto payment solutions.
Specification - Difficulty target 100 seconds
- Total coins: 18,446,744
- 12 confirmations per transaction
- Smooth emission (x21)
- The default ports are 44441(P2P) and 55551(RPC)
- No premine because equality is absolute important to us and our drive
- Equal mining opportunity because of particular algorithm, where CPU and GPU performance are nearly on the same level. It utilizes built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices or fast memory-on-chip devices with low latency.
- ASIC resistant
Block explorer We developed our own block explorer, which is coming in the next week Mining pool Coming in the next week Links
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BlueGold - Blockchain Cruises & EventsWebsite : https://bluegold.io/Twitter: https://twitter.com/CruisesEventsGitHub: https://github.com/BlueGold-ICOLinkedin: https://www.linkedin.com/company/bluegold-blockchain-cruises-events/Facebook: https://www.facebook.com/BlueGold-Blockchain-Cruises-Events-603075650063033/Bounty campaign: https://bluegold.io/index.php/bounty/YouTube: https://youtu.be/D4dO_UnLw_8Reddit: https://www.reddit.com/user/BlueGold-ICOMedium: https://medium.com/@BlueGoldTelegram : https://t.me/joinchat/AAAAAEtn5RHYY5k0GGxf2QBlueGold wants to become the next reference currency for Blockchain events. In the spirit of the Blockchain freedom and independence, BlueGold offers cruises dedicated to the crypto-universe. These cruises are designed to be a springboard for [Suspicious link removed]munity, from key note speakers, media, ICO teams to potential investors hoping for a content-driven place to meet.BackgroundLaunched by a former merchant navy captain and now crypto-autodidact Régis Revilliod, BlueGold is designed for the organisation of qualitative cruises events towards the Blockchain family or simply newcomers to crypto. Exchange platforms, specialised media, ICO partners, listing and rating sites, Blockchain specialists and crypto- enthusiasts are true actors of this BlueGold ICO. A total of 100,000,000 BlueGolds are issued as part of the BlueGold ICO. Any unsold BlueGold will be burnt. The BlueGold emission will be structured in two parts, starting with the Pre-Sale and followed by the Main Sale. The sale price for BlueGold during the BlueGold Sale is fixed at 1 USD = 1 BlueGold. Special discounts may apply during Pre-Sale.Our PhilosophyThe Blockchain was formed with a desire for transparency and independence. Far from traditional systems of financing and project development, freedom of enterprise and the spreading of new ideas constitute the foundation of the [Suspicious link removed]munity. BlueGold ICO wants to keep these strong principles, away from financial influences and intermediaries, so that the Blockchain can long thrive. BlueGold DeploymentThe ultimate goal is to Pre-Sale and organise 4 cruises a year. Commercial actions will focus on sponsor and partner prospections as per the Blockchain cruise organisation. Marketing will handle journey planification with the list of ports of call and potential mainland events to organise once the ship stays at berth. Our technical teams will be in charge of developing the website for booking and BlueGold transactions. Token Distribution BlueGold DeploymentBounty & Airdrop campaigns to be announced shortly. More info on our website: www.bluegold.io
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Tip Top Universe: Moon Dust Dividends!
Earn ETH dividends with just holding Moon Dust Tokens (MDT) Earn a cut of every 25% token buy transaction fee (The more tokens = higher cut), 9% from every sell fee and 11% from every internal transaction. Purchases through your personal Masternode link will give you a fixed 20% of the 25% buy fee.
- Anti Whale:
The most common problem with PoWH clones is that when whales decide to sell/dump all their tokens, your investments will get a huge value crash.. We fixed that! Even a single 75 ETH buy or sell doesn't affect the token price or your investment value! This makes the token price stable and giving a fair buy/sell price towards everybody, also you can reinvest to get higher cuts from the transactions after without being afraid a whale will make your investments worthless!
What about the community part?
At Tip Top Universe we also have a cool community part setup! Just a quick short list of what you can do on the community page:
- At profile registration there is a field to leave your masternode link - Customize your profile with a background and avatar (upload or use a image url) - Follow, be followed - Become friends with other members - Join groups - Create groups - Add group reviews - Like, comment or share other members posts/images/videos through social media - Update your profile/group with posts or upload images/videos - Send/receive compliments - Mute other members - Upload your own documents and files (could be anything) - Invite friends to join the community - And more updates to come! Pictures of the exchange and the community!! The Exchange:
The Community
Profile frontpages:
Group pictures:
Content share and postings:
Other:
On Mobile:
What is the main purpose of this project?The creators of the platform participated alot themselves in different "Proof of.." clones. Like mentioned above, the most common problem we faced was that when everybody did the dump, our investments were valueless. We got sick of that and thats the reason why this platform was created, to protect people from losing their investment value. We just want to buy, hold, earn ETH and reinvest this ETH to make our stack grow, so we earn a bigger cut of the fees Since we got scared to keep reinvesting in other platforms (because of the possibility a big dump will make our initial investments + our earned dividends worthless), we wanted to create a platform with a stable token price so people can reinvest without the possibility of losing value. The community part we just added because we want people to have something to do more then only investing in the exchange, we wanted to connect people with each other! A fun (and hopefully) big community is important to keep everything together. MOST IMPORTANT: IS THIS A SCAM?ABSOLUTELY NOT! The smart contract runs the show, the creators are NOT able to shut it down! Even if the website is deleted, you can still deposit/withdraw/reinvest through many back up exchanges (just copy/paste the contract address). But we are not planning to shut down the website, even if not a single person use the platform! Play whenever you want, withdraw whenever you want Social MediaDiscord: https://discord.gg/pXh5qEqTwitter: https://www.twitter.com/tiptopuniverseVocit Page: http://vocit.io/getSingleVoc/196My masternode: https://www.tiptopuniverse.com/exchange.html?masternode=0xe40ffea88309174321ef230e10bfccc7c2687f76 (Yes, my masternode! We as creators also invest in the game! We are investors like everyone else, no we did not mint any tokens its not even possible for us to do that, we buy at the same token price as everyone else.. We created it, but do not run it or own it )
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MORH official website: www.morh.ioMORH Github link: https://github.com/morhcoin/morhcoinMORH contract address : https://etherscan.io/token/0xd7949646564990bf805bad15223bcdaafe74078dMORH official mailbox: service@morh.ioMORH vulnerability report: error@morh.ioMORH strategic cooperation: cooperation@mor.ioMORH official Twitter: https://twitter.com/IoMorhMORH official Facebook: https://www.facebook.com/morh.morh.940MonarchCoin introduction: MonarchCoin is based on the Ethereum ERC233 coin, coin abbreviation MORH, a total of 250,000,000 MORH.1% low-year inflation. MORH is not just a token, it is a combination of virtual currency and the real economy. MORH will be a multi-directional investment blockchain based on MORH, and realize the value of MORH. MORH is a blockchain of investment projects. MORH aims to make a profit by investing in a number of real-value projects while turning the project into a valuable application. In order to facilitate people's recognition of MORH's value in the future, MORH is used as a standard to become the currency exchange exchange's status. MonarchCoin's direction: MonarchCoin project investment direction is the main direction of many investment projects such as green energy, film and television, virtual currency trading platform, and Hash computing power leasing intermediary platform project. The ICO's early phase was used to start the funds in these directions, and the funds were injected into these projects as a start-up. At the same time, the costs for the exchanges were used for the development of the team's operations. MORH invests in green energy, film and television, virtual currency trading platform, hashing capacity to rent intermediary platform projects, smart chip development and application projects, project open investment is to use MORH as an investment currency. At the same time, the profits started by these projects are also settled by MORH. At the same time, it will increase the payout of the virtual currency in the market and temporarily determine it as X (X is a specific mainstream virtual currency, because the market price of other currencies is not to be disturbed until the project is over). Prepare on the exchange https://i.imgur.com/YgBZvro.pnghttps://i.imgur.com/FFXps8r.pnghttps://i.imgur.com/P5uMqSb.pnghttps://i.imgur.com/0fzWHZl.pnghttps://i.imgur.com/SJsfG1d.pnghttps://i.imgur.com/MLYjjKY.pnghttps://i.imgur.com/4qnKOp7.pnghttps://i.imgur.com/S8twNYo.pngMonarchCoin's direction: MonarchCoin project investment direction is the main direction of many investment projects such as green energy, film and television, virtual currency trading platform, and Hash computing power leasing intermediary platform project. The ICO's early phase was used to start the funds in these directions, and the funds were injected into these projects as a start-up. At the same time, the costs for the exchanges were used for the development of the team's operations. MORH invests in green energy, film and television, virtual currency trading platform, hashing capacity to rent intermediary platform projects, smart chip development and application projects, project open investment is to use MORH as an investment currency. At the same time, the profits started by these projects are also settled by MORH. At the same time, it will increase the payout of the virtual currency in the market and temporarily determine it as X (X is a specific mainstream virtual currency, because the market price of other currencies is not to be disturbed until the project is over). MORH is not just a token, it is a combination of virtual currency and the real economy. MORH will be a multi-directional investment blockchain based on MORH, and realize the value of MORH. MORH is a blockchain of investment projects. MonarchCoin ICO scheme: ICO time: June 2018 -2018 August ICO price: June 2, 2018 -- July 30, 2018 1 ETH = 1,000 MORH number: 15,000,000 MORH August 1, 2018 ----- August 31, 2018 1 ETH = 800 MORH number: 15,000,000 MORH Accept ICO ETH address: 0x807318F2BB7CbD19165A402f729AaA89F3D96E55 ICO sends MORH 24 hours after receiving ETH. Please add MORH Cion with imToken and transfer the ETH with imToken to the following address: imToken Download https://token.im/download?locale=en-USAccept ICO ETH address: 0x807318F2BB7CbD19165A402f729AaA89F3D96E55 ICO sends MORH 24 hours after receiving ETH. We invite you to promote on Twitter and Facebook. Ask for more than 500 fans. Reward 50MORH Coin. After the end of ICO, the top 10 MORH Cion players will receive a total of 500000 MORH Coin. The first place will reward 20,000 MORH Cion, the second place will receive 10,000 MORH Cion, the third place will receive 5000 MORH Coin, and the 4-7 place will receive 3000. MORH Coin, 8-10th place rewards 1000 MORH Coin. Invitation to translate Chinese Russian to Japanese, 100MORH Coin
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EtherAss is a first of its kind Sexy Collectible Trading game built on the Ethereum Blockchain. It is a fusion of Classic Card Games we all so love and Blockchain based Collectible Games. Collect Unique and Luxury Cards with one-of-it's-kind design. Engage in several unique card games in the Etherass lobby. The game features deck building where you build a deck of cards from 2 to 13 (Ace) and compete against other decks in a variety of card games. Build your winning and completely unique deck and defeat other players to win their cards and ETH. We are bringing new features every day and releasing cards from different sets, so don't hesitate and build your full legendary deck today! We will announce cooperation with other casino and poker Dapps to bring our cards to their decks and everybody that will have the card used in the deck of the other game, will receive dividends from all the transactions done in the particular match! Let us know if any questions down in the comments! Our Social Medias:DISCORD TWITTERBOUNTY:We are looking for a reputable Medium, Steemit and Crypto Blog writters to write articles for us in exchange for ETH and Special Edition Cards.We are looking for developers to help develop new card games and offer a variety of things to do with the deck.
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The Rentals Network is an entire ecosystem which includes a token, a set of protocols and a DApp to provide a decentralized vacation rentals marketplace. It uses blockchain technology to solve the challenges and inefficiencies of the home sharing and vacations rentals market. The Rentals Token (TRT) smart token enables an open marketplace to publish, distribute and book vacation properties, while enforcing the rules set by an owner, property manager or channel manager. It allows for a significantly more efficient and secure property rentals supply chain for all the players in the market, from the owner to the guest. LaComunity is in a key position to enable and promote the decentralization of the vacation rentals and home sharing market. The Rentals Marketplace Protocols• Agnostic and open to any player in the market to publish, distribute and book vacational properties. • A set of Ethereum smart contracts. • Generic and standard business rules. Flexible and adaptable. • Aligning incentives for all parties. • Enables parties to publish their rentals through a sophisticated and decentralized supply chain, without losing control and whilst fully keeping track of the entire process with a period • Enables the creation of a new layer of third party DApps built on top of them. The Market Disruption: Blockchain technology to solve the challenges and inefficiencies of the rentals market. Much more efficient, with a secure vacation rentals supply chain for all the players in the market: owners, property managers, channel managers, sales channels and guests. The TRT smart token enables an open marketplace to publish, distribute and book vacation properties. The Rentals DAppThe Rentals DApp is a user interface on top of the Ethereum smart contracts of The Rentals Marketplace. The Rentals DApp is an easy and secure way to access The Rentals Marketplace and participate in the protocols. It allows for searching, publishing and booking with 0% fees for guests. Token Sale: Important ICO Informationhttps://www.rentalstoken.io/en/home#tokenSaleTOTAL SUPPLY: 1,350 million TRT ETH/TRT RATE: 1ETH = 7,500 TRT TARGET 1ST TIER PUBLIC SALE: 5M € TARGET 2ND TIER PUBLIC SALE: 20M € International token sale dates• Whitelist: Until September 16 • Pre-Sale: from September 17 to September 30 (45% discount) • 1st tier: October 1-October 31 (20% discount) • 2n tier: November 2-November 30 (No discount) Smart contracts external audit: https://www.iosiro.com/trt-crowdsale-auditMeet the Teamhttps://www.rentalstoken.io/en/home#teamRoadmap of The Rentals Tokenhttps://www.rentalstoken.io/en/home#roadmapInterested in purchasing TRT? Register Todayhttps://www.rentalstoken.io/en/registerVisit us: Twitter: https://twitter.com/LaComunityFacebook: https://www.facebook.com/LaComunityAlquiler/Reddit: https://www.reddit.com/r/therentalstoken/Medium: https://medium.com/@therentalstokenTelegram: https://t.me/joinchat/IU5jWRMNcaG6qHsendef4wGithub: https://github.com/therentalstoken/TokenSale
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Res pool
I don't know what pool you're waiting, except pool of ladies...
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I have been working on a side project for the past couple of months. Mainly, my goal was to have a platform where I can login to all my crypto exchanges but not have to go through the login / 2FA steps and have a unified interface. I also didn't want to upload my API keys to a 3rd party server like it's the case with coinigy. That's how I came up with Silex, the API keys are stored encrypted on your laptop and you only need a PIN code. The PIN code is just guaranteeing that someone who steals your laptop cannot access your funds before you have time to realize it and cancel your API keys. How does the encryption work? The PIN code is sent to my server and is hashed with salt, the hash is checked against a hash stored in my database. If the hash is wrong a pin retry count is decreased. After 5 wrong pin, the account is cancelled. Their is no PIN reset available. If successful, the hash is sent back to the client and is used as encryption key for the local storage of account information. So the attacker would have to attack my database and steal / hack my laptop to gain access to my fund. This sounds safe enough for me, but I'm open to suggestions. Not all exchanges are created equal and at this stage of development, not all exchanges allow all operations. That being said, in its current version, 7 different exchanges have been integrated: Binance, GDAX, Bittrex, Kraken, Kucoin, Poloniex, Cryptopia. Let me know who should be next. Now you can give a try, just go to http://silexapp.com and click download. Feedback is the most valuable thing. In the app, you can vote for the next feature to be implemented by going to HELP > FEEDBACK
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For images Taurus0x OverviewDistributed off-chain / on-chain protocol powering smart derivatives from end to end, for any asset over any network. Background of Taurus0xRemember around September 2017 when the world lost its cool over Bitcoin prices? It was nearly an ideological war for many. It occurred to me to create an app for people to bid on Bitcoin prices, and I would connect that app to a smart contract to execute bids on the blockchain. It took me a long couple of weeks to figure out how many licenses I would need to acquire to run such a business in the United States. It became evident that market making is a huge undertaking and is better off decentralized in a an open-standard protocol to generate liquidity. The protocol needed to be fully decentralized as a primary requirement. Why? because I believe in the philosophy of decentralization and creating fair market makers, governed by a public community. It is the right thing to do in order to create equal opportunity for consumers without centralized control and special privileges. It comes at no surprise to anyone at this point that the vast majority of “ICOs” were empty promises. Real life utility was and is a necessity for any viable project. Transitioning from a centralized world to a tokenized and decentralized one cannot be abrupt. The protocol needed to support both worlds and allow for a free market outcome as far as adoption. Scalability-wise and as of today, Ethereum could not handle a real-time full DEX that could compete with advanced and well-known centralized exchanges. And quite frankly, maybe it’s not meant to. This is when the off-chain thinking started, especially after witnessing a couple of the most successful projects adopting this approach, like Lighting and 0xProject. The trade-off was the complexity of handling cryptographic communications without the help of the blockchain. I had met my co-founder Brett Hayes at the time. I would need another 3 or 4 articles to explain Brett for you. To the substance. What is Asymmetrical Cryptography?Asymmetrical cryptography is a form of cryptography that uses public and private key pairs. Each public key comes with its associated and unique private key. If you encrypt a piece of data with a private, only the associated public key may be used to decrypt the data. And vice versa. If I send you a “hello” encrypted with my private key, and you try to decrypt it with my public key (which is no secret). If it decrypts fine, then you are positive that this “hello” came from me. This is what we call digital signatures. The figure below is from Taurus0x whitepaper and describes the chosen digital signature algorithm (ECDSA). What are Smart Derivatives?Well, what are derivatives in the first place? In the financial world, a derivative is a contract between two or more parties based upon an asset. Its price is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes. Futures contracts, forward contracts, options, swaps, cryptocurrency prices and warrants are common derivatives. Smart Derivatives are smart contracts that behave like financial derivatives. They possess enough information and funds to allow for execution with guaranteed and trusted outcomes. What is Taurus0x? Taurus0x is a distributed off-chain / on-chain protocol powering smart derivatives from end to end. Taurus0x is both asset and network-agnostic. The philosophy is to also become blockchain-agnostic as more blockchains come to life. Distributed = fully decentralized set of smart contracts and libraries. Off-chain = ad-hoc protocol not limited to a blockchain. On-chain= trusted outcome without intermediaries. Asset-agnostic = supports any asset, not limited to cryptocurrency. Network-agnostic = contracts can be transmitted over any network (email, text, twitter, facebook, pen and paper, etc.) Who can use Taurus0x? Taurus0x protocol is ultimately built to serve end consumers who trade derivative contracts. Participants may engage in a peer-to-peer derivative contracts among each other without the need for a house in the middle. The Taurus0x team and advisory realize that the migration from a centralized world to a decentralized one cannot be abrupt, specifically in FinTech. Taurus0x is built to support existing business models as well as C2C peer-to-peer. Exchanges who want to take on the derivative market may use an open-source protocol without worrying about building a full backend to handle contract engagement and settlement. Taurus0x Exchanges would simply connect participants to each other, using matching algorithms. Taurus0x intends to standardize derivative trading in an open way. Having more exchanges using the protocol allows for creating public and permission-ed pools to generate compounded liquidity of contracts. This helps smaller exchanges by lowering the entry-to-market barrier. How does Taurus0x work?The process is simple and straightforward. Implementation details are masked by the protocol making it very easy to build on top. The first 2 steps represent off-chain contract agreement, while 3 and 4 solidify and execute the contract on-chain. 1- Create A producer creates a contract from any client using Taurus0x protocol, whether from an app, a website or a browser extension. The producer specifies a condition that is expected to happen sometime in the future. For example, I (the producer) might create a binary contract with the following condition: Apple stock > $200 by July 1, 2018 with a premium of 10 TOKENs (any ERC20 token) The contract will be automatically signed with my private key, which confirms that I created it. I can then share it (a long hexadecimal text) with anyone over any network I choose. 2- Sign When the consumer receives the signed contract, they will be able to load it via any client using Taurus0x. If the consumer disagrees with the producer on the specified condition, they will go ahead and sign the contract with their private key. Back to our example above, the consumer would think that Apple stock will remain under $200 by July 1, 2018. Now that the we have collected both signatures, the contract is ready to get published on blockchain. 3- Publish Anyone who possesses the MultiSig contract and its 2 signatures can go ahead and publish it to the Ethereum blockchain. That would most likely be either the producer, the consumer or a party like an exchange in the middle hosting off-chain orders. As soon as the contract is published, Taurus0x proxy (an open-source smart contract) will pull necessary funds from participating wallets into the newly created Smart Derivative. The funds will live in the derivative contract until successful execution. 4- Execute If at any point before the contract expiration date the specified condition becomes true (i.e. Apple Stock > $200), the producer can go ahead and execute the derivative contract. The contract will calculate the outcome and transfer funds accordingly. In this binary derivative example, the producer will receive 20 TOKENs in their wallet upon executing the contract. If the expiration date comes and the producer had never successfully executed the contract, the consumer may execute it themselves and collect the 20 TOKENs. This figure is from the Taurus0x whitepaper depicts the process: SummaryTaurus0x is a highly versatile and modular protocol built using Ethereum-based smart contracts and wrapper JS libraries to bootstrap developer adoption. While Smart Derivatives are the first application of Taurus0x, it is worth noting that the protocol is not limited to cryptocurrencies or even derivatives for that matter. It is an ad-hoc and scalable contract management solution meant to guarantee trusted outcomes in the future based on conditions specified today. The semi off-chain nature of the protocol helps remediate Ethereum’s scalability limitations and makes it a viable product. Finally, the plan for Taurus0x is to be governed by a Decentralized Autonomous Organization or DAO as outlined in the roadmap on https://taurus0x.com. This is an area of research and development as of today. Decentralization does not fulfill its purpose if governance remains centralized, therefore it is without compromise that Taurus0x follows a decentralized governance structure.
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