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1  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN][TOKEN] DOS Network - chain-agnostic Decentralized Oracle Service on: January 29, 2019, 01:04:40 AM

- Getting Involved-




   


- What is DOS -

A layer-2 Decentralized Oracle Service network built for multiple mainstream blockchains - Ethereum, EOS, Tron, Thunder, etc.




- The Oracle Problem-

Smart contracts are completed isolated from the off-chain world, specifically the internet - there’s no way for them to access external data directly by themselves in real time. Computation within the smart contract is also excessively expensive and limited by resource capacity.


- Our Solution-

A layer-2 oracle network driven by Verifiable Random Function and Threshold Cryptography, bringing real word data, events and computation power to multiple heterogeneous blockchains in a secure, reliable, efficient and scalable way.


- Team Members -

Coming from Google, Amazon, Pure Storage, Carnegie Mellon University etc. with extensive background and experience in cryptography, distributed systems, and software engineering.


- Current Progress and Roadmap -





- DOS Token Spec-




1,000,000,000 (1 billion) ERC20 token initially, atomic swap to other supported chains in future:

*  35% is reserved for node operators as “mining” incentives to bootstrap the network.
*  20% is reserved for ecosystem building, including airdrop, lock drop, network bootstrap incentives for smart contract / Dapp developers, incentives for premium data providers, exchange listing fees and voting bonus, bounty programs, etc.
*  15% token sale to strategy supporters and contributors.
*  15% is reserved for team incentive, locked up in first 12 months and will release linearly in next 24 months.
*  5% is reserved for advisors and partners.
*  10% is foundation reserve including marketing, legal, PR, business development cost, emergency fund, etc.



- Bounty Program, translations, content creation, social media promotion, etc. -


To be announced.


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