[ANN] Krypton, KR - BaaS Corp & Open Source, Public Blockchain for Business/IoT

Hello, Krypton!

It's time again for a weekly update. Sorry this one is late today. As usual, I've been busy with A LOT of things.

Here is a quick recap of what was accomplished by Team Krypton and others this week:

150 Faucet users
177 Slack members
48 FB likes
12,879 Twitter followers of me, covertress > https://twitter.com/covertress

Hindi translation of Krypton OP by @suny51. Thank you. - BitcoinTalk > https://bitcointalk.org/index.php?topic=1475658.msg14875801#msg14875801 ; BitcoinGarden > https://bitcointalk.org/index.php?topic=1475658.msg14875801#msg14875801

Updated Crowdfire Twitter follower campaign with a new message, since I returned from Consensus 2016.

GitHub repository of Krypton FAQ created by @pltrdy. Thank you. Topics include: How to mine, how to use and backup wallet and useful .bat scripts. > https://github.com/pltrdy/krypton_howto

Ended bct avatar campaign created by @mobnepal. Thank you. Have you seen all the green, Krypton avatars on bct? I have.

Aminerminer, Krypton graphics, came through again, in a rush to complete some graphics size translations for a few undisclosed projects. Thank you.

Integrated Trello, Krypton's Dynamic Roadmap, with Slack. Now all Trello updates go to the slack room, #trello-updates. Krypton's Roadmap > https://trello.com/b/JmmF7y7A/krypton

Worked on a proposal for Higher Education in the UK. "The scope would be a ledger that could manage all UK universities."
Potential to finance the project was good. Analysis of the finances of universities in England by HEFCE shows that capital expenditure is projected to be 3,439M Pounds in 2013-2014, 29.5% higher than the level reported for 2012-2013. (source [pdf]: https://www.google.com/url?sa=t&source=web&rct=j&url=http://www.universitiesuk.ac.uk/highereducation/Documents/2014/PatternsAndTrendsInUKHigherEducation2014.pdf&ved=0ahUKEwj39_3kl-fMAhVHRSYKHSp-APoQFggvMAM&usg=AFQjCNHX8rhoIMblahb84Mktvhy9XKeNpw&sig2=niZiCskOGHJym4sRNLRwGg)
The problem with this project lies here: There were 2.3M students in 162 universities in the UK for the year 2012-2013. The issue is one of scalability.
Scalability issue proposed fix: Raiden Network is a proposed extension to Ethereum which scales-out asset transfer capacity. It's inspired by the Lightning Network which leverages off-chain asset transfers to carry out the vast majority of transactions. Unfortunately, it does not exist yet. This is work in progress. (https://github.com/brainbot-com/raiden)
Bottom line, it's impossible to match the throughput capacity of just a single credit card company (VISA's max 56,000 tps) on any blockchain, be it Bitcoin or Ethereum or Krypton, without incurring enormous costs in terms of CPU and bandwidth. (source: https://news.ycombinator.com/item?id=11182330)
The scope of this project: placing millions of student grades onto a blockchain (Krypton's or another) is currently beyond blockchain technology. Grades would be entered in great volumes, at the same time. This would require massive transaction speed and massive computing power.
This project is not feasible until blockchain technology advances.

Completed an interview with Territorio Bitcoin. Thank you, Oscar! There are both Spanish versions and English versions of this interview. > English - https://www.territoriobitcoin.com/the-cryptocurrency-market-will-continue-to-be-refined-through-new-real-world-uses-and-new-technologies/ ; Spanish - https://www.territoriobitcoin.com/el-mercado-de-las-criptomonedas-seguira-perfeccionandose-a-traves-de-nuevos-usos-del-mundo-real-y-las-nuevas-tecnologias/

Krypton's Slack is 'interviewing' bots to provide FAQ to the community. Presently, the Luno bot is installed and answering questions in the Krypton Slack #general room. To ask it a question, say something like this: "@bot pizza". You can also ask questions about Krypton but, the bot does serve pizza. Let me know how you like the Luno bot. Comments left on this Trello card are appreciated. > https://trello.com/c/0DTOs7Aa

Spanish translation of Krypton OP updated by @AlvaroBR6, who now has JR status on bct and can post pictures. Thank you. - BitcoinTalk > https://bitcointalk.org/index.php?topic=1478350.msg14902208#msg14902208 ; BitcoinGarden > http://bitcoingarden.tk/forum/index.php?topic=7606.new#new

KR was added to BlockchainStats.org, a coin tracking site. Thank you, BlockchainStats. > http://www.blockchainstats.org/altcoin-market-data/krypton-market-data/

Krypton's Faucet has successfully been migrated to the Krypton.Rocks server. This morning, there were 150 active faucet users. I call that a success! Thank you, @mobnepal, Krypton Web dev. > http://faucet.krypton.rocks/

Work was begun, by me, on Krypton's Network Stats. If you belong to Krypton's slack (join here: http://slack.krypton.com), you may have seen the many messages of my struggle to get this project working. Fortunately, I'm not one of Krypton's devs yet! I'm just Krypton's founder and project manager. This network stats system was originally intended for use by Ethereum. To modify it for use by Krypton is proving harder to do than I expected. To give me some credit, I've never used Ubuntu or node.js or this eth-net-intelligence-api software before. My background in programming is with corporate database systems (Oracle, Informix.)
If you would like to follow along with my trial and error attemps at setting up this system, you can watch all the details here at Krypton's Trello page for the project. > https://trello.com/c/fNy89Wvt
Have no fear. This project will be completed. I have called in backup. Some of Krypton's other devs have been summoned and together, I'm sure, we will have this feature up and running.

Since I'm in a dev mood, I'd like to toss this to the community: Krypton is always hiring devs to build Smart Contracts. For anyone interested in learning to code Smart Contracts, please read Ethereum's Solidity documents. > https://solidity.readthedocs.io/en/latest/

Finnally, because I like to save the best news for last, Krypton now has a block explorer. It is not the 'kick ass' explorer that Krypton_Dev promised us, (he's been called away on real-life business), but this explorer is enough to satisfy the listing requirements of the larger exchanges like Bittrex and Poloniex. > http://explorer.krypton.rocks

Now, I know you are all very excited to hear about WHEN we are going to these larger exchanges. I'm not going to make the mistake of others and tell you that we are going to Bittrex or Poloniex before it actually happens. I'm sorry. I'm not going to post any of my personal conversations with the heads of these exchanges or tell you anything other than this: I have completed the ID verify process with both Bittrex and Poloniex. This verification, including taking a photo of myself with my real-life ID, is required by these exchanges in order to list a coin. I have done this. Krypton is ready to be added. I will tell you more when I can. Be happy.

On a personal note, I have now fully recovered from the terrible flu that I caught while I was at Consensus 2016 in New York. Yay!

For the next 3 days, I will be working my real-life job. On Tuesday, I will be back working hardcore for you, Krypton.

Please continue to Tweet about $KR and to visit Bittrex's Slack and suggest that they add $KR. (Once per day, please! lol You guys are great!)

Here are some tweets to RT, if you missed them. > Bittrex (44 RTs, 32 Likes) - https://twitter.com/covertress/status/734723717528489984 ; Poloniex (42 RTs, 32 Likes) - https://twitter.com/covertress/status/734730326040252416

Happy Memorial Day weekend, America!

See you all Tuesday!

covertress

	Author	Topic: [ANN] Krypton, KR - BaaS Corp & Open Source, Public Blockchain for Business/IoT (Read 167829 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.