It needs to be known because the situation in the crypto-world currently is a very peculiar one.

Joke-projects get money, even those who admit creating the very these.

Take a look at the WePower project for instance. Their ICO has not started yet. They propose something related to power, no concerts. Nothing. Just because a guy who knows a guy paid for the advert on the top of their website. Their system is utterly centralized on the side of power-producers.

Maybe they've heard that the next IEEE SmartGridComm in May , at which we've recently presented the first truly decentralized environment is going to be a mix o blockchain and power people. ANd they decided to take their chance at the ICO when they can.

They've got no scientific research. Just pure marketing.That there are tokens and that those who have tokens get blababla.

In contrast, we have an immense amount of work on our heads. We work on an entirely decentralized hardware layer which allows for routing of energy for instance.

I mean the project is developed from scratch with a reasonably limited amount of resources.

We could have created a fork of another project sure. Instead, we go the hardest path possible even to the level of modifying crypto-code.

And GRIDNET is going to the markets 100%. We will benefit anyway we know what we have. Investors will benefit also. The rest of the coins will be burned further increasing our profits when the system hits the exchange.

Personally I've been at all of the major power conferences for the past 2 years. NOBODY... I mean NOBODY has ever heard A WORD about 'WePower' I've spoken with major people in the industry. And yet.. here we are..a scammy project out of nowhere stating it has +++ companies in support. Why? Because the ICO-listing company will get their 20k.Strange times indeed.

Look at NavCoin..they claimed to be an anonymous cryptocurrency. Everything centralized. But the price plunges up and down out of nowhere. This is the current crypto-scene.

I invite anyone to visit the Poznan University of Technology in Poland, room 5, conference building. My name is Rafal Skowronski, I'm the head of the project.

You can find my contact details at www.cs.put.poznan.pl/rskowronski. You can browse student schedules to see I lead 6 subjects at the university related to cryptography, security, and networking.

My company ACX Software, has developed the RwBot software, and reverse engineered the entire World of Warcraft code-base. We had lawsuit attempts from Blizzard Entertainment etc.

And guess what? Even when threatened by companies such as Blizzard we DID PUSH THE PROJECT FORWARD FOR OVER 5 LONG YEARS.
WHY? Because we BELIEVE IN FREEDOM.

We have spent 10x more time on the game automation software than others BECAUSE we designed it in a way that did not infringe Blizzard laws.

The software was entirely out of process utilized a driver and as far as we know we got NO user banned although we were with a considerable user-base.

And guess what? Blizzard lawyers felt silent.

We surely know what we are doing and we are exceptionally good at what we do.

Myself I have spent quite some time fighting various scammy projects like NavCoin long before the announcement of the GRIDNET project.
More? The very admin of the NavCoin team joined our project. When he saw how it differs.

You can look that up at my reddit profile.

We have modified the Botan crypto library to be capable of BOTH signatures and encryption using X25519 keys.

You can check this out that the Botan's source code GITHUB in my recent Pull-Requests. We've spent some time with the main author of the Botan crypto library on the subject.

We are 100% real and 100% serious about the project. What do you say @NewWorld; what will you say:) are you one of those guys behind WePower? The project of a guy-who-knows-a-guy at a power company? who are you;]

Our technology is UNIQUE,- it has been peer-reviewed by ANONYMOUS well-established scientists around the world and presented at world-class conferences.

We have presented the first truly and only decentralized architecture for use in the Power industry. We've been working on the first blockchain powered hardware devices which allow for routing of energy inside of power networks.

Then, we have designed the first protocol in the world which is capable of rewarding intermediaries of a data exchange on-per-byte basis There is NO other protocol design which allows for this. Including IOTA, SafeNet etc. Nobody else got it.

For this we've reinvented the entire concept of Smart Contracts. The very building blocks of cryptocurrency. And introduced State-Full as well as State-Less blockchain channels.

I would write more but simply we do not have time:)

Please remember, the part of supply which is not sold WILL BE BURNED. Further increasing profits for those who have invested.

Developing the system is nothing compared to DESIGNING, COMING UP with the proposals that we were the first to arrive with. Development is a mechanical job.

Let us help make the world a better decentralised place. Join us:)

Also it is worth to keep in mind that the cryptocurrency which is not sold throughout the ICO will be burned. - Further increasing profit for US as the team, and for other investors.
We in contrast with other projects do not provide lame papers (WePower) BUT concrete scientific ones, with real breakthrough technology which has been peer-reviewed by various other anonymous well-established scientists. Anyone familiar with how much it takes to publish an article in Elsevier journal will whether we are real about the technology or not.

@newworld, I wonder how is it possible that SCAM projects like IOTA and projects like WePower (with trusted authorities etc.) get even slightest attention while projects like GRIDNET with real scientific papers published at real world-class..some of the largest conferences meet people like you

Your account is newb account with 1 comment and looking your nickname - created specifically to create FUD over our project.
You must have your reasons. It is very difficult to understand your English. Please go back to school

GRIDNET as one of the very few projects is developed by a real scientific unit.
GRIDNET as one of the very few projects has whitepapers that were verified by the scientific community published at the world-class conferences.

We have already released innovative GRDINET software for the Android platform. Few days back in pre-alpha stage.

The project has been verified by multiple people who called us directly at the university.

In GRIDNET whitepapers we have already proposed ground-breaking technology which has been verified by other scientists etc.
Do you know how difficult it is to come up with innovative concepts such as these?

And now after being successful, our scientific unit would be supposed to run away with peoples money?

This only shows how utterly crazy you must be.

Soon you will say we haven't presented our peer-reviewed work at some of the biggest international conferences.

Please get your toys and go away.

Everything is very simple. It is exactly the same as with any other project with a blockchain of its own. We do not issue Ethereum tokens as there are no tokens involved and no Ethereum blockchain

Step 1
=============
Simply deposit the purchase sum to ETH or BTC address available on our website. from a bitcoin or ethereum address that you are in complete control of. (in case of BTC Min amount: 0.001 BTC. Has to be standard tx. This is to prevent spam)

Step 2
============
After the sale ends you can collect your GRIDNET Coins from collect.gridnet.org (goes live on 1st of February)

Step 3.
==========
This site will instruct you to send a very tiny, but specific BTC /ETH sum, for example, 0.000xyz BTC from the very same bitcoin address that you deposited your purchase sum from. This is to prove your ownership so that we can ensure that the rightful buyers get their GRIDNET Coins.

This means that you cannot purchase via depositing directly from an account at an exchange or equivalent which often change the sender address repeatedly.

you can find an interesting discussion in this subreddit:
https://www.reddit.com/r/icocrypto/comments/7osed3/gridnet_new_blockchain_revolution/

Dear community,

I would like to ensure you that the respect for the entire community and the safety and privacy of our users is a top priority.
I hope this is clearly visible throughout the whitepapers and in the attitude throughout the entire Bitcointalk discussion.

The very idea behind the entire project was to make a difference. To make a proposal which is not based on pure hype but on a solid ground-work backed by solid scientific class whitepapers.
The entire project is developed at the Poznan University of Technology.

We strived to present decentralization at its best. We've been working for over one year to come up with a communication protocol which would be capable of rewarding intermediaries for each exchanged byte. Look at IOTA, they've got no protocol of that sort. They are based on hype. They lied about their Microsoft connections etc etc. We've got everything documented. More whitepapers with evaluations etc are under review.

Look at other projects related to energy which I've mentioned. GRIDNET incorporates the first and only architecture for energy industry which is TRULY decentralized. Look at whitepapers behind WePower etc. these are simply Jokes.

We are here to make a difference. Jump on board.

ALSO; please note that our website is protected by a COMODO certificate, end encrypted with the latest full-blown TLS encryption. This is to ensure your safety while making deposits and to protect you against any kind of man-in-the-middle attacks.

 Let us make a difference.

The process is exactly the same as with any other ICO where projects runs on a blockchain of its own.
You got it right; you just need to send the amount you want to one of the available addresses and once the system goes live you will have the corresponding amount in your downloadable GRIDNET Wallet.

If it the first time you see an ICO? (oh wait.. 1 rep:)


My name is Rafal Skowronski, my company ACX Software had developed the RwBot game automation software. Which used to sell very well, for many years, across the world.

We have reverse-engineered the entire code-base of the World of Warcraft video game, we've had a lawsuit prepared by Blizzard Entertainment etc.

We've made GRIDNET mobile app available for download a couple of days ago. It is a pre-alpha stage which was scheduled for release in the 3rd quarter of 2018.

Currently, the project is developed by and at, the Poznan University of Technology.

Besides GRIDNET, we've been also working recently on the EduCTX project (we are responsible for the design phase) which is to keep ECTS points for all universities across Europe. This is a cooperation between multiple other European universities.

We've been discussing a partnership with multiple companies. We won't be disclosing any details for now. We won't be making false hype in IOTA-style:https://thenextweb.com/hardfork/2017/12/12/iota-partnership-microsoft-marketplace/

But we have been discussing details of cooperation with multiple major companies.

At one of the subreddits we were asked to compare IOTA and WePower, here it goes:


To start with, WePower is NOT a scientific project.

Their whitepaper has nothing to do with scientific class whitepapers or journals. Their entire 'whitepaper' might be considered a 'pitch', not a scientific class whitepapers.

They provide NO technical details in their 'whitepaper'. Take a look the phrase:"WPR token holders will have priority access to participate in auctions for purchasing tokenized energy once the renewable energy plant is connected to the platform.". No concretes.

Further: "A renewable energy producer connected to the platform issues its own energy tokens within the WePower platform(..)"

Now, this is a HUGE security concern on its own. If the power generator can issue tokens on its own the system is centralized, trusted on the side of energy producers. Which is simply a Joke.

"Priority access to participate in tokenized energy sales. The WPR token acts as a priority access token for the auction to buy tokenized energy. WPR token holders will be the first bidding to acquire energy from each new plant joining the platform."

There'is no word about the algorithm. Nothing. As I've already said the WePower whitepaper looks like a 'pitch' written by a guy-who-knows-a-guy in a power company.

In case of GRIDNET, we've got a full-fledged scientific approach to the subject. We have actually designed the first entirely decentralized power exchange and distribution scheme which was presented at the recent IEEE SmartGridComm conference in Dresden, Germany. The technology has been peer-reviewed by scientists in the field of the power industry. We'll be at the next IEEE SmartGridComm as well.

Once again, IF, the power generator in case of WePower has the power to issue tokens on its own then this is a HUGE security concern and their system is centralized on the side of energy producers which are trusted.


GRIDNET has more to do with the Internet of Things than IOTA ever did. IOTA has no communication protocol specified or implemented which would actually reward intermediaries of a data exchange. IOTA is mainly based on hype.

Here at GRIDNET, we have actually specified the first communication protocol which rewards intermediaries of a data exchange in any environment on a per-byte-basis. IOTA has nothing even close to this.

The FD-GRIDNET protocol is able to reward intermediaries of a data exchange in the IoT , but on top of the Internet of Things as well. It has two modes of operation (DRM and ORM).

For this to work. we've reinvented the entire concept of smart contracts and introduced the concepts of State-Full and State-Less blockchain channels. New, detailed whitepapers related to the technology with further evaluations are under review for major scientific journals as we speak.


Our latest whitepaper which is under review for one of the major scientific journals specifies GRIDNET eco-system as a system to incentivize actions in Cyber-Physical-Systems. GRIDNET allows for deployment of fully autonomous areas where both data and energy exchange are incentivized. Most importantly: the system does not include trusted third parties of any kind.

We are working on both the software as well as hardware appliance. Recently we've been working on Smart GridValves and GridMeters which would be attached directly to the power lines, with the capability of inviting or rejecting power flow on a given power line. The devices are fully blockchain-enabled. With data exchange incentivized with our communication protocols. We've been working on solar-powered RaspPi routers.

Wanna hear more? heat me:)

Sure  sla1925, this week we are concerned mainly with the UX/UI of both the mobile and desktop wallets

Recently we've been researching two blockchain-enabled devices which would allow for routing of energy inside of a decentralized Smart Grid environment.
These are the Smart GridValve and SmartGrid meter. The whitepaper is currently under review. Most of the technical specification behind these devices is already in place.
When you compare this to PowerCoin etc. there are light years behind; and if you consider that their system is not a decentralized as ours - it renders their work irrelevant.

https://twitter.com/gridnetproject/status/949380375507357696

Also, the mining software (CPU/GPUS) has been also written entirely from scratch.
Including task scheduling, coordination etc. There's no Startum protocol etc etc. you'll be seeing no mining pools in looooong time to come.

When required we've even modified the Botan crypto-library. You might want to check out my updates at the Botan github.
We've been the first to implement signatures using X25519 keys

The project is developed at the Poznan University of Technology, we are also into another blockchain project - the EduCTX Europen project where we are responsible for the design of the entire system. In safe hands you are.

The PoW algorithm is divided into two stages in itself.

The first stage will be similar to how X11 and X13 algorithms are constructed. If you know the internals of these then you know they are just a bunch of one way hash functions stack on top of each other to thwart ASICS. Here the first stage of our PoW will be the same. Then after some time it will switch to a memory bound problem (similar to Scrypt) and finally to PoS.

It's 1M per day but across a very large base of miners. It will make the entire eco-system secure; just imagine the number of potential miners knowing that there will be no ASICS around.

That's specifically why we've been very meticulous when it comes to the PoW algorithm.
There will be no mining pools and no ASICS. 100%

Then, all the full-nodes will also have the option to share their bandwidth with others acting as a router.

The source code will be made available not sooner than a couple of days after the system goes LIVE.
We've put too much work into this to allow for instant forks.

@sanada, You might want to participate in our ICO which has just begun.
What you need to do is to send the amount of ETH/BTC to one of the available addresses and make sure to keep your ETH/BTC wallet safe.
You will have your coins available to you as soon as the system goes LIVE on the 31st of January.

We are scientists, and the project will be rolling for looong long years you can be 10000000% assured, it is our main research and development topic.

Besides software; we've been also working on the hardware layer of the entire project (GridMeters / GridValves)..  the whitepapers behind which are currently under review:)
Also, some are working on the RaspBerry Pi based solar-powered router etc.

Then there are people working on the Mobile app for android which we've published a pre-alpha release a couple days ago.

@michaelsss

Do you mean the consensus algorithm?
The consensus algorithm has two main stages
1) Proof-of-Work - the stage will be activated as soon as the ICO ends. It will be then active for approximately 3 years.
The proof-of-work algorithm will be ASIC proof from the very beginning.
the second stage will be
2) Proof-of-Stake - the switch will happen automatically as soon as the last block has been mined.

As for the PIC from the wallet, I know that we are now giving some finishing-up touches to the GUI etc but I'll see what I can do

The ENTIRE code-base has been written ENTIRELY from scratch

Please do let me know any other questions you might have.

Updated.