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Author Topic: [ANN] Oyster Shell (SHL) - Dawn of a New Era  (Read 3834 times)
ToTheMoon_XOM9IK
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April 15, 2018, 04:11:21 PM
Last edit: May 18, 2018, 06:26:59 AM by ToTheMoon_XOM9IK
 #1

Oyster Shell
Dawn of a New Era





Read the Announcement:

https://medium.com/oysterprotocol/dawn-of-a-new-era-3ca2e2f5a1c6

Read the Whitepaper:

https://oysterprotocol.com/#whitepaper

Oyster Shell: SHL Explanation

https://youtu.be/of5C76y5sYU

Quick explanation:

Shells(SHL) are used to pay for connectivity and Dapp operation across the Oyster meshnet, whilst Pearls are used for static data retention on the tangle. Shell is not pegged to storage like how Pearl is. In the future you will be able to use Shells to access the decentralized web, connectivity that entirely bypasses ISPs and centralized infrastructure.

Potential use case scenarios:

You want to call your friend in a decentralized and secure way. The app on your phone looks for peer-to-peer connections (Bluetooth and WiFi) with other phones running Oyster nearby and a meshnet call is made, therefore bypassing the ISP. SHL is used to pay for connectivity instead of a monthly ISP bill. No third party can trace, block or listen into the phone call.

The Oyster chat group migrates from Telegram/Slack to the Oyster chat Dapp. The Oyster team pays the Oyster network in SHL and PRL to run the group chat Dapp.

You want to access content that is blocked by your ISP and avoid getting tracked, your computer connects directly to the Oyster meshnet by finding a peer-to-peer neighbor (Bluetooth, WiFi, LiFi). Your SHL wallet is used to fund connectivity and bandwidth usage.

Oyster SHL Snapshot Complete:

Oyster is happy to announce that the Oyster Shell (SHL) blockchain snapshot has been successfully completed at block number 5436000.

Contract Address: 0x8542325b72c6d9fc0ad2ca965a78435413a915a0
Symbol: SHL
Decimals: 18

https://medium.com/oysterprotocol/oyster-shl-snapshot-complete-e1afb0219146

Oyster Protocol. Bitcointalk:

https://bitcointalk.org/index.php?topic=2222507.0

Social media:

Telegram: https://t.me/oysterprotocol
Twitter: https://twitter.com/OysterProtocol
Website: https://oysterprotocol.com

Note: I am not a part of the Oyster team and am not a point of contact for this project. For any questions related to the project, kindly contact brunoblock on Bitcointalk forum or the team members via Telegram.
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ToTheMoon_XOM9IK
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April 15, 2018, 04:26:33 PM
 #2

Political motivation from giant Corporations like Facebook and Google and large ISP’s, who are the gatekeepers of net neutrality, are breaking the Internet for the common individual

Oyster SHELL circumvents this control by creating a distributed meshnet. 

Users can now access the internet at a fraction of the cost completely anonymously and from any global  location away from prying eyes of these politically motivated establishments
 
If PEARL is like the foundations of a house, SHELL is like the electricity supply
 
SHELL enables efficient, encrypted low cost, internet access and peer-to-peer communication between any two endpoints that participate in the meshnet.
 
SHELL enables the decentralized execution of javascript dapps.
 
As more people join the network via IOTA then Oyster protocol will act as a massive organic super computer, with PEARL facilitating long term persistent storage and SHELL facilitating volatile memory, instruction execution and data communications.

Thus removing the need the for centralized infrastructure of ISPs

Oyster SHELL and the distributed meshnet is the future of the Internet as know it!
ToTheMoon_XOM9IK
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April 15, 2018, 08:27:24 PM
 #3

MrRedPanda:

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We are working through the regular listing process of SHL on Kucoin - and we are expecting to know more later this months about a potential listing date of SHL on Kucoin.
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April 15, 2018, 08:34:37 PM
 #4

Great project! I do not quite understand how this will work, but the idea is simply excellent. Good luck!
ToTheMoon_XOM9IK
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April 16, 2018, 09:31:48 AM
 #5

The distribution of SHL tokens for users holding their PRL in personal wallets (e.g., MyEtherWallet, Eidoo, etc) will begin next week. Users will need to add the custom token information for SHL in order to view it in their wallet once SHL has been distributed. That information is listed below:

Contract Address: 0x8542325b72c6d9fc0ad2ca965a78435413a915a0
Symbol: SHL
Decimals: 18


For those holding their PRL on KuCoin, SHL tokens will be distributed to your exchange wallets in the following weeks.
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April 16, 2018, 09:35:36 AM
 #6

KuCoin supported this airdrop, does this mean that the new token will immediately be traded on the KuCoin? It would be convenient, you do not need to wait for additional listing
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April 16, 2018, 09:37:49 AM
 #7

Take a look at the post #3
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April 16, 2018, 09:43:24 AM
 #8

This is perfect move to separate the discussion for SHL to be treated differently. This will be helpful for people to understand more better way the usage and purposes of the SHL token inside the platform. I see huge benefits both strategic and promotional in these measures taken by team. It is really a new dawn for independent future for everyone.
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April 16, 2018, 09:49:48 AM
 #9

MrRedPanda:

Quote
We are working through the regular listing process of SHL on Kucoin - and we are expecting to know more later this months about a potential listing date of SHL on Kucoin.

It sounds nice the team is moving forward with great spirit you should keep it up it will be worth for it. Congrats for this big success snapshot has been taken smoothly and I hope the process of distribution method will happen on time.
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April 16, 2018, 10:05:00 AM
 #10

I also bought some PRL's because of the snap. But after the snapshot I sold them and now I'm waiting for my SHL's. That will certainly take a few weeks. Let's hope she will develop SHL well. The market is already recovering.

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April 16, 2018, 12:20:10 PM
 #11

Can you explain to me the difference and main differences between PRL and Oyster Shell (SHL) in terms of functionality, goals, etc.? Which token do you consider more attractive for purchase at the moment?

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April 16, 2018, 12:28:08 PM
 #12

You can watch video from the very first post there is explanation about Shell (SHL) token and the main token Pearl (PRL). We are already in new week now all eyes are on next big events of distribution and launch of Main Net with this month. This means in maximum two weeks platfrom should be up fully functional.
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April 17, 2018, 04:13:11 AM
 #13

That is Kucoin's announcment regarding the SHL airdrop:

https://news.kucoin.com/en/oyster-shell-airdrop-for-all-oyster-pearl-holders-on-kucoin/
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April 18, 2018, 09:55:53 AM
 #14

Hi!
I am still waiting for oyster shell airdrop. Am I alone?
ToTheMoon_XOM9IK
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April 18, 2018, 03:29:58 PM
 #15

Oyster PRL is meant to be a stable asset, due to the peg to anonymous decentralized encrypted storage.

However, the dapp layer of Oyster is a part of the oyster roadmap and was already mentioned in the whitepaper of PRL, but due to the peg, PRL cannot be used to pay for operations and connectivtiy on the Oyster meshnet formed by webnodes.

Therefore another token is needed. Oyster SHL will be used to pay for the dapp operations and connectivity in the Oyster meshnet (and so PRLs keep restricted to the peg of storage.)

This could be links to your interest, if you want to know more about Oyster SHL:

https://medium.com/oysterprotocol/dawn-of-a-new-era-3ca2e2f5a1c6 - Medium post
https://medium.com/oysterprotocol/shell-shl-update-and-new-hires-87978ad687a9 - SHL announcment

Our two explanation videos should help you to get a general idea of the usecases of botch tokens and how they differ from each other:

https://www.youtube.com/watch?v=5j3_kbEOZZU - Oyster PRL Explanation video

https://www.youtube.com/watch?v=of5C76y5sYU - Oyster SHL Explanation video
nhungtruong379
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April 18, 2018, 03:35:43 PM
 #16

Hi!
I am still waiting for oyster shell airdrop. Am I alone?
Hi, the Oyster Shell (SHL) blockchain snapshot has been successfully completed at block number 5436000. The SHL smart contract was deployed earlier Apr 14, and can be viewed here: https://etherscan.io/token/0x8542325b72c6d9fc0ad2ca965a78435413a915a0#readContract

The distribution of SHL tokens for users holding their PRL in personal wallets (e.g., MyEtherWallet, Eidoo, etc) will begin next week. Users will need to add the custom token information for SHL in order to view it in their wallet once SHL has been distributed.
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April 18, 2018, 04:08:29 PM
 #17

Oyster PRL is meant to be a stable asset, due to the peg to anonymous decentralized encrypted storage.

However, the dapp layer of Oyster is a part of the oyster roadmap and was already mentioned in the whitepaper of PRL, but due to the peg, PRL cannot be used to pay for operations and connectivtiy on the Oyster meshnet formed by webnodes.

Therefore another token is needed. Oyster SHL will be used to pay for the dapp operations and connectivity in the Oyster meshnet (and so PRLs keep restricted to the peg of storage.)

This could be links to your interest, if you want to know more about Oyster SHL:

https://medium.com/oysterprotocol/dawn-of-a-new-era-3ca2e2f5a1c6 - Medium post
https://medium.com/oysterprotocol/shell-shl-update-and-new-hires-87978ad687a9 - SHL announcment

Our two explanation videos should help you to get a general idea of the usecases of botch tokens and how they differ from each other:

https://www.youtube.com/watch?v=5j3_kbEOZZU - Oyster PRL Explanation video

https://www.youtube.com/watch?v=of5C76y5sYU - Oyster SHL Explanation video
thanks for the information
I'm very happy with this, I'll see a video of your project so I can understand about your project..
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April 18, 2018, 05:21:59 PM
Last edit: April 18, 2018, 07:57:27 PM by ToTheMoon_XOM9IK
 #18

Roadmap 2018-2019:
Decentralized Oyster Applications

After the web node mesh net has matured, Decentralized JavaScript applications can be easily written and executed on the Oyster Network.

Oyster Competition:

https://docs.google.com/spreadsheets/d/1nps9uBWfl9ODg8JZv7iX4jyZfNLPzn2OaOg3M2GDe9k/htmlview#gid=0
ToTheMoon_XOM9IK
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April 19, 2018, 08:12:28 AM
 #19

A Detailed Drive Into Oyster Protocol:

https://www.reddit.com/r/Oyster/comments/89uf3t/a_detailed_dive_into_oyster_protocol/
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April 19, 2018, 10:27:41 AM
 #20

Im glad that Kucoin choose to support the SHL airdrop. That being said, will Kucoin add SHL later on?

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