INTERNET OF COINS ⛓ blockchain freedom (r)evolution ⛓ [ CROWDFUND CLOSED ]

[hannusolo]

For running an internet of coins node would one have to be synced with all the blockchains of the HYBRID tokens? Or how will this look like? What kind of compute, memory requirements would a node like this have?

[eye4bd]

As Dotrego quoted, now I understand why Internet Of Coins have to be successful project. The problem of high fees transactions bitcoin will solve when we can easily swap it to another currency in one platform and send it to the recipient at that moment, and when he received it he can swap it back to bitcoin in that platform. Correct me if I am wrong.

A deterministic wallet with built-in decentralized exchange, option to swap your currencies, to earn fees as an exchange in the network, with no 3rd party dependencies including on ourselves. The token is just one of the supported transfer methods to bridge the gap between currently incompatible blockchains.

I have a question also based on the bold sentence above.
Is the hybrid tokens will be possible to tradable in another exchanges?

Hi
Seems like answer of your
question already get covered by responsible person. You
can see that information in later part of my post.
Anyway, lately I'm also
feeling need to be sure about the end date of hybrid on going crowdfund. Is that deadline is 21st or last day of this month?
Very recently
that two possible dates
I'm seeing as crowdsale ends deadline! Would love to be know the exact date?

@qtgwith: Cosmos works with pegged market zones. Internet of Coins aims for direct swaps between blockchains.

@clardalan:
 - Current funding status is 1.5M dollars. This means we have exceeded our initial goal by far, and have started development.
 - The marketcap will be finalized after the 1st of July when the crowdfund ends, any unsold HYBRID will be burned.
 - Tokens will be transferred to owners after July 1st.
 - We will only issue the hybrids that are fully funded.
 - We will be listing on all decentralized exchanges (like Etherdelta, etc.) that work with any of the seven blockchain systems of HYBRID, and are currently also in talks with a centralized exchange to bootstrap liquidity.

[Dotrego]

I have a question also based on the bold sentence above.
Is the hybrid tokens will be possible to tradable in another exchanges?

Yes. We are starting with the decentralized ones first.

For running an internet of coins node would one have to be synced with all the blockchains of the HYBRID tokens? Or how will this look like? What kind of compute, memory requirements would a node like this have?

You'll only have to sync the blockchains of the currency/-ies you are hosting as a node. The HYBRIDs exist on the blockchains themselves. For syncing, the weavechain needs to be up-to-date as well. Node specs will be available later, as that will still require testing.


The last date of the crowdfund is June 21st.
Due to administration, we expect the distribution of HYBRIDs to commence in July.

[gmrana1977]

Why long time ICO, 3 months ?

[Anthrogic]

I'm in guys, and investing. Love what you're doing. I think with the proper development and time, you've got an amazing idea.


Hope you pull through!

[agent725]

Thanks Anthrogic! We've almost got the alpha 0.2 wallet ready. Hope that we manage to put it live tomorrow.

[Kazadar]

Thanks Anthrogic! We've almost got the alpha 0.2 wallet ready. Hope that we manage to put it live tomorrow.

Hope INTERNET OF COINS become another NEM, bring us 1000×. Haha

Could be nice. Too bad I bought in early with ETH getting around 40 hybrid/ETH 

[andrejka]

Great idea, great ICO, I'm absolutely in!

[Dotrego]

Why long time ICO, 3 months ?

It takes a while to raise awareness, and we don't have a big budget

Hope INTERNET OF COINS become another NEM, bring us 1000×. Haha

I certainly hope not, those proportions sound like a bubble
We do hope people will like the opportunity to start earning from transfers as being a node. And of course, without us taking anything from the fee.

[agent725]

Alpha Wallet v0.2
"just a wallet"



Live now for testing on TOR!

http://kth3qittpclsdrk6.onion/

This alpha release contains recipe's for Bitcoin and Lisk, and
makes it possible to send and receive these cryptocurrencies.
We want to test the use and security of deterministic transactions
and the code infrastructure thoroughly before building towards
more advanced functionality.

Have fun, and please give us your feedback!

[gramen]

Lookin slick fellas.. 
By the way, couldn't yet get Florincoin to work, I think still missing a way to create a pushtx.

[qiman]

I think this is a very professional project and I will be looking into it today. I saw that it has a good reputation and progress report is always there to notify the members. This will bring great ease to people who hold multiple currencies and will make adoption of digital currencies by mainstream people much faster.

[adu1t]

What is the role of HYBRID coin in your system?
I didn't get it from the white paper. Maybe it is because I don't know english well, but I need this information

A deterministic wallet with built-in decentralized exchange, option to swap your currencies, with no 3rd party dependencies including on ourselves. The token is just one of the supported transfer methods to bridge the gap between currently incompatible blockchains.

Why would anyone be interested in buying this coin is it's just one of the methods?

[oegarod]

Great idea, great ICO, I'm absolutely in!

Yeah, good team work and an different approach is felt over the blockchain usage. Being a part of the promotion programs is feeling good. By the coming days after the crowdfund expect good increase in value of the token. As on user suggested it would be good if the growth happens as NEM.

[agent725]

@gramen: We've separated the deterministic module into a new repository. It doesn't support Florincoin at this time, as we have rewritten the wallet to no longer store any files on the system it runs on. This is to maximize security. Downside: for Florincoin we need the prefix information to make the deterministic encryption work. I believe @Someguy123 already did this and built it into FloVault, so we'll need to check with them, and then we can support FLO pretty easy.

@adu1t: HYBRID will be used to swap value between chains using a 1:1 interchain relationship. This is experimental tech, so it will take some time before it is operational (see roadmap). Some people are interested in supporting us because they want our project to succeed. Others speculate on the token. It is up to you what you want to do.

[gramen]

Ok, I see. True that it is better the way you're doing it now.. I´ll ask Florincoin community if they know the prefix settings.

[agent725]

Thanks @gramen! It should look a bit like this (i.e. what Peercoin has done to work with bitcoinjs-lib).

Code:

module.exports = {
  peercoin: {
    messagePrefix: '\x17PPCoin Signed Message:\n',
    bip32: {
      public: 0x01da950b,  // start with "Ppub..."
      private: 0x01da90d0  // start with "Pprv..."
    },
    pubKeyHash: 0x37,
    scriptHash: 0x75,
    wif: 0xb7,
    dustThreshold: 0  
  }
}

[dominic25]

It seems like there are a lot of ICO's lately. Has it always been like this and I just did not notice?

[gramen]

Yes, there has been a massive growth in the amount of ICO's lately.
Remains to be seen which of all the projects actually deliver..

[ammo]

Alpha Wallet v0.2
"just a wallet"

http://i68.tinypic.com/aepjt0.png

Live now for testing on TOR!

http://kth3qittpclsdrk6.onion/

This alpha release contains recipe's for Bitcoin and Lisk, and
makes it possible to send and receive these cryptocurrencies.
We want to test the use and security of deterministic transactions
and the code infrastructure thoroughly before building towards
more advanced functionality.

Have fun, and please give us your feedback!

Don't forget to enable Javascript. Otherwise you won't be able to use the wallet.