| STRATIS | The first blockchain developed for businesses |Full POS

Can we get back to topic already guys?

Please. Any constructive valid criticism or questions I'm happy to answer. Not interested in bct users that have not done any research on the project.

Let's get the discussion back on track then. Can you tell us a little more about private blockchain implementation? Firstly, who will validate the transactions on this private blockchain? Are the transactions visible to everyone/whole network? How are the members of the private blockchain identified? Who is able to change/modify who is part of the private blockchain?

Read the White Paper?

I did. None of these are adequately answered. Here' the relevant section of the whitepaper from page10:

A secure blockchain network will typically consist of hundreds or even thousands of computers running the same protocol. Consequently, there are significant advantages to employing an established network with proven stability and security, rather than starting from scratch. Although it is possible to develop applications on top of the Bitcoin blockchain, the first and still the best-known and most secure cryptocurrency network, there are good reasons why few businesses would want to so. Bitcoin has comparatively slow 10-minute confirmation times, and periodic attacks on the network means that transactions can be delayed for hours; addressing these effectively requires a controversial hard fork and the pace of development is slow. Businesses have no control over upgrades or other changes to the network such as the capacity of each block and the rate that transactions that may be processed. Thus Bitcoin’s security advantages come at a cost of significant rigidity and unpredictability.

By contrast, Stratis private chains allow developers complete freedom to customise their implementation for their specific needs, whilst the underpinning ‘parent’ blockchain is established enough to give users a high degree of confidence in its security. For example, if a business requires large block sizes to accommodate a high volume of transactions; rapid block times to enable low-latency trading; controlled transactions so that only approved users can submit a request to the network; a given rate of inflation; or additional space for metadata in each block, any or all of these can be specified at launch. The private chain can be accessed by straightforward APIs, meaning that stand-alone applications can rapidly be developed.

Basically technical aspects of Stratis were all introduced in the whitepaper. Dude what you are asking are beyond the dev's plan. So advance that I cannot comprehend what answers do you want from the dev. Sure there are several blockchain platform projects that are emerging now with the features that are not as of now been incorporate with stratis. Eventually I may say , dev will soon adjust as development goes by.

i agree with u.
and why u ppl in so hurry. just wait some time,
it is a good project