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Author Topic: Next big ICO  (Read 3853 times)
chickensoup1
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September 12, 2018, 11:24:11 AM
 #341

Certainly, recognizing the factors that qualify a good cryptocurrency exchange v.s. a bad one is like recognizing which banks can be trusted and which cannot.

Firstly, no one likes to get over charged. Paying the low-priced fees is always important. Why would deposit methods influence the ranking of an exchange? Because when customers have determined to trust a certain place, they tend to put to the same site. Such manners mean that consumers present to have a range of selection for depositing and withdrawing fiat/crypto. If you are new to bitcoin, you may have heard mainstream media reports about how “bitcoin was hacked” or something similar.

What actually happens is that bitcoin exchanges do themselves get hacked. This has nothing to do with bitcoin the protocol – which remains incredibly secure and has never been compromised since its creation Sometimes we think that the creators actually asked themselves: “how can we make this as hard as possible for new users to understand?” It is really important to start off simple.

Don’t try use a decentralized exchange if this is your first day on bitcoin. It’s good to research each site’s customer service records before depositing. Some places are really fast to respond to customer queries, while others may take days to get back to you.

IC Exchange will be integrated securely with the IC Wallet, IC Brokerage and IC Digital Bank through a user-friendly platform, a full fledge cryptocurrency exchange. The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants.

The coins will be listed against other cryptos, fiat currencies and traditional financial instruments such as ETFs, and commodities. By incorporating the IC Exchange with the other components, investors are able to take a new route in terms of trading their cryptocurrencies and diversifying their portfolios.

The IC Exchange will approve several software solutions from other platform providers and exchanges that can be used for trading. The trade at any online electronic exchange platform happens when the best buy order (order with highest bid price) is matched with the best sell order (order with lowest ask price) on price-time priority basis.

IC Exchange will have a full order book directly connected with major crypto exchanges and global markets. The full order book provides the necessary liquidity to instantly buy and sell crypto pairs with the tightest spreads, which ensures significant volume of transactions from day one. Liquidity will be ensured by linking exchange books under the IC Exchange umbrella.

Meanwhile, the IC Brokerage’s order book will be linked to the actual traditional exchanges such as CME, NASDAQ and others in order to insure execution at the most efficient price without any additional cost by intermediaries. For the delivery of an order in terms of crypto versus traditional assets, the seller will transfer value of the crypto to the buyer’s wallet, and the buyer will transfer value of fiat to the seller’s IC Digital Bank account.

Simultaneously as the order is matched and delivered to the users, the seller’s IC Brokerage account reflects the new fiat value available in the IC Digital Bank account, then the system completes the order by purchasing the user’s choice of traditional asset. In the latter scenario, the active components delivering the order are the IC Wallet, IC Digital Bank, IC Brokerage and the IC Exchange, using the order matching system to connect the buyer and seller together, reads and facilitates the type of transaction and its implications in the Ecosystem.

INGOT will use the Distributed Ledger Platform Asset Issuance Module which will provide its Ecosystem participants with an environment to list their newly issued coins and pair them against fiat and other available cryptocurrencies.
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September 12, 2018, 11:36:01 AM
 #342

I don't even think about ico even now. because in my opinion right now the era of ico has been a bit backward because of the many losses and when entering the market the price has decreased


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mysql544
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September 14, 2018, 12:42:02 PM
 #343

The services offered by the current banking industry fail to meet the needs and timeliness of the execution of functions demanded by market participants. The solution we are presenting is a digitally based bank that is available 24/7 and able to offer custodial and fund management services to clients.

Trust is of vital importance to us. That is why INGOT Coin will obtain a financial banking license from a reputable, strict regulator to ensure safe and smooth execution of transactions. Once obtained, the IC Community will be able to enjoy a legally compliant entry and exist point to the crypto markets as well as a safe place to store and manage their personal funds through an internationally recognized, licensed institution.

The following is a brief introduction highlighting the main services offered by IC’s Digital Bank:

E-Payment Solutions and Debit Cards

The IC Digital Bank will offer a broad range of services including a current account acting as a fiat wallet to enable users to transact within the Ecosystem or outside of it. In addition to the current account, the Bank will provide e-payment solutions with low associated costs while including quick and efficient reporting. Moreover, the Bank will provide debit cards for all current account holders to be used for making purchases. The debit cards will have access to the IC Wallets and the current account of IC’s Digital Bank. The clients will have a choice of method of payment whereas the receiver, if they were to be part of the Ecosystem, will have the choice of currency to receive (e.g. fiat or crypto). All e-payments and debit card transactions will be subject to a double verification process.

This will allow clients to be able to pay online and in stores using their own cards. The cards of the Ecosystem will provide the option to make payments through the IC Digital Bank account, IC Wallet, or the IC Brokerage Account. The double verification process occurs during the transaction as the buyer will receive a confirmation message on their smartphone. If no response is made within a predetermined time frame, the transaction will be cancelled.

The double verification process will authorize the Ecosystem to debit or credit the specified amount of the specified instrument from the respective account, only after that occurs will the fund transfer be allowed. If the funds being received are in a different currency or a different asset class, the system will automatically revert the method of payment from the buyer to the IC Exchange and trade it with an instant market order against the currency that the seller wants to receive. After the exchange is concluded, the transfer of funds to the seller will occur.

In the case the client wants to pay using a specific cryptocurrency and the merchant wishes to receive the payment in USD, the Bank will automatically verify with the IC Wallet for the availability of crypto funds in the buyer’s IC Wallet through the general ledger records. Once there is a verification that funds are available, a smart contract will be initiated between the buyer and the Bank. The buyer then releases the crypto funds to the IC Exchange and an order is placed and once the order is concluded the smart contract will trigger the Bank to deposit the settled order amount in fiat in the user’s IC Bank account and hence allowing them to perform their settlement with the merchant without having to wait for the funds to be transferred from the IC Exchange to IC’s bank account.

Fund Management

The bank will also offer managed accounts for clients who are looking to expand their portfolios. The details of these strategies will be tailored to the needs of the clients. This will depend on the risk tolerance and return objectives along with other factors such as the investment time frame and initial capital chosen by the client.

The IC Digital Bank is expected to be in business by the second quarter of 2019.
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September 14, 2018, 12:44:24 PM
 #344

This coin is currently a lot of applicants, and options of coins that can stand on this position, as each coin is trying to survive the maximum, and some only it turns out to develop.
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September 16, 2018, 12:16:05 AM
 #345

Securing your share from the 1.6 trillion barrels of proven oil reserves globally
With over 1.6 trillion barrels of proven oil reserves globally, the Permian token offering allows you to own your share of the world’s proven oil reserves via blockchain with a redeemable digital token that is backed by proven oil reserves. Utilizing the economic-value of oil supply via blockchain to monetize proven oil reserves. Developing the PermianChain; a blockchain-as-a-service solution for oil companies to monetize proven reserves yet to be produced. Generating early revenues for suppliers, providing higher discounts to buyers and increasing token value for our community.With the Permian Token we developed a solution to solve the working capital requirements of oil exploration & production companies and oil exploration and production economies, meanwhile democratizing the direct investment sector for the average investor. The result, allowing seamless and transparent reporting of our world’s energy reserves and oil transactions under an immutable trust protocol (the blockchain). The Company also solved theoretical and technological issues of oil exploration & production by allowing public and private sector to sell proven reserves yet to be produced via blockchain technology under a closed-loop-B2B-exchange (the “PermianChain”). 11 The PERMIAN Token Offering will launch 10 billion XPR tokens. It is our intention that at least 8.0 billion XPR will be sold during the ITO stages at $0.10 per token. Where we anticipate that 87.5% of the funds raised will go into oil campaigns and acreage with proven reserves, also referred to as P90. Whereas over 6% will be used to invest in continuous technology including blockchain and artificial intelligence for oil & gas exploration and production. Therefore, the total value of circulating XPR will eventually equal to a portion of the total value of Proven Reserves that are identified until each barrel of oil in proven reserves is produced and sold.
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September 16, 2018, 01:31:04 AM
Merited by aderidwan98 (1)
 #346

It's no secret that the success of an ICO project relies heavily on all executive management teams such as CEO, CTO, CMO and so on. These are people who will face the strategic technical challenges of the product project later. They must be very experienced in their fields according to their product formula. See and find who they are and at least they must have an active profile on LinKedin and FaceBook. Keep in mind, though, that they have had success with previous ICOs, but whether they have the right expertise in the current ICO product or project. In comparison, the American Venture Fund was more likely to invest in projects whose founders had failed before.
All platform teams must actively show their performance, to answer various questions and problems of the community or prospective investors actively
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September 16, 2018, 05:20:06 AM
 #347

there will definitely be for it.
we must be able to look for it even in the deep sea.
because big ico will be hidden tightly in a small sea of ​​ico
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September 16, 2018, 05:23:20 AM
 #348

hi guys,

what do you guys think will be the next big ICO?

please kindly provide a reason also.

many thanks
I think it's NEIRONIX. It is a great project and their idea is to prevent scams in ICO projects and other aspects of the Crypto market. It is a special project and a very great and necessary idea in a market full of fraud. I think they will soon reach Hardcap in the future.
morgan4140
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September 16, 2018, 08:45:56 AM
 #349

The next big ICO? I would advise you to pay attention to my signature. EMP-project with Bauthumb exchange development team.
mysql544
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September 17, 2018, 12:52:25 PM
 #350

Most cryptocurrencies need a significant user base and market capitalization. Many are scrap. They have long been abandoned and are not listed on market price indices With the launch of hundreds of new cryptocurrencies daily, some are intended for a Bitcoin-style explosion, yet the vast majority will flop, crash, and burn. So, is there a formula for the success of an ICO? TIM Blockchain has been followed a number of ways to measure “success”.
TIM is a two layered blockchain. First layer is root blockchain which only stores Merkle hash of second layer. First layer is very light weight (approx. 4 MB data size). Second layer (Multigraph) is the one which stores all the transaction data in form of blocks. First layer only references the blocks of second layer. Second layer blocks are partitioned using vertical shard. Each node (mobile device / computer running TIM core engine) in TIM network contains entire root blockchain (first layer) and only a part of the second layer blocks. Assuming there are 10,000 nodes in a network, TIM first creates cluster of nodes based on geolocation using partition technology. So, the nodes which belongs to ASIA will be part of ASIA cluster and nodes which belongs to North America will belong to North America cluster. TIM call this clusters as triangles / graphs. The transaction which is originating in North America will participate in triangle of North America. All blocks mined in North America will be stored in each of the nodes which belong to North America region only. However, all the nodes of North America will have complete root blockchain present but only part of second layer blocks which is mined in North America. Similarly, each Node of Asia Cluster (triangle) will contain entire root blockchain of TIM but only part of second layer blocks which is mined in ASIA. This is called as vertical partition of blocks.
In today’s world, most of the blockchain coin prices are driven by scarcity model and hype which is not based on real world use case. None of the blockchain is capable enough to meet the demand of enterprise and governments. They need high transaction rate and security against future thread like quantum attack. Most of the banks are still keeping themselves away from existing blockchains because of high transaction fees, partial decentralism and future quantum attacks. This is where TIM will play an important role in solving real use case of the world. From first day to today, TIM always targets to support high transaction rate (up to 100 million TPS), is quantum secure yet low fee and fully decentralized.
The history of TIM Blockchain was started with product requirement analysis at August 2016. The team determined user expectations for the product, it means that defined the product scope. The team defined an initial set of requirements. In further steps of development, the team created detailed issues for daily task sand linked each task with one or more requirements to keep traceability of development activities with requirements.
Blockchain technology is based on cryptographic algorithms designed to prevent data distortion. Each block includes a hash to the previous block, so it’s impossible to substitute an intermediate block in the ledger.  At February 2017, TIM IOT division has developed the IOT device (ASIC chip) which can directly talk to TIM blockchain. This is developed using PUF technology (Physical Unclonable Function) to prevent spoofing attack, so that no one can create a copy of it and do spoofing attack on Private TIM blockchain Network of our clients. These IOT devices will be used for many purpose like FX transactions on chip, tracking logistics and consignments and many more.
At the end of the 2017, the project concept and prototypes of TIM Blockchain has been developed and team developed the multigraph simulated network system. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. (Load of transaction in a given region). This term is called as dynamic sharding and vertical sharding. The network starts with two default graphs across the globe with partition across the equator line. With increase of transactions, the graphs are forked to create more parallel partitions which could increase the overall throughput of the system.
After the whitepaper completion, TIM Blockchain team published a new and pathbreaking model for how cryptography based digital assets, namely cryptocurrencies or tokens in March 2018. It was based on simple premise of utility value, which means that any asset should be as valuable as its usefulness. Additionally, the pre-ICO of TIM Blockchain had been conducted in March 2018 and collected 3000 ETH from more than 200 investors. The ultimate goal is always reaching higher at TIM Blockchain, so the hard cap is determined where TIM Blockchain needs to reach.
TIM team continued with developing the multigraph test network and integrations the POA network on the public Node multigraph in the April 2018. The blockchain security is achieved by the multigraph generated by sharding of TIM network. The key generation works for network size of above 400, therefore has a future readiness feature. The generation mechanism is collaborative, where each of the graph miner computes the isogeny contribution by keeping oneself at the root. The root nature can be easily verified when the block is signed. This also mandates that the block to be created by one of graph miners. To reach this stage, the size of the multigraph is key criteria.
TIM Blockchain has released limited beta for sharding testnet. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. This term is called as dynamic sharding and vertical sharding. TIM Blockchain built over Ethereum code base using vertical sharding, on-demand partition, load distribution based on statistical model, DAG based network topology for nodes communication, scoring mechanism using gossip trust protocol, cuckoo filter instead of bloom filter and many more.
Besides the marketing power of TIM Blockchain, project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. TIM Blockchain aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. TIM Blockchain Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships.
And finally, TIM Blockchain is pleased to announce that the crowd sale has begun at the 15h September 2018 and the fastest contributors got their TIM tokens secured. TIM tokens have been sold to the general public with appropriate KYC and AML compliance. The crowd sale has been conducted on the LAToken platform -https://[Suspicious link removed]/2Oaog0c currently a Top 50 Cryptocurrency Exchange. TIM Blockchain has announced that to help investors in current market conditions, Ethereum price are pegged to US$400. This gives them more TIM tokens than their ether would otherwise buy.
The TIM foundation aims to strengthen communities across the globe using technological advancement and innovation. We are committed to create one of the most viable public, scalable, secure, permission-less blockchain of choice for enterprises, governments and partners.
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September 17, 2018, 02:41:00 PM
 #351

hi guys,

what do you guys think will be the next big ICO?

please kindly provide a reason also.

many thanks
I think it's NEIRONIX. It is a great project and their idea is to prevent scams in ICO projects and other aspects of the Crypto market. It is a special project and a very great and necessary idea in a market full of fraud. I think they will soon reach Hardcap in the future.
Most people hyped blockhain-based platform tokens and you can invest there if you want a fast and huge profit but staying with them and believing on them depends on your own research.
oscarwhale189
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September 18, 2018, 12:56:03 PM
 #352

According to the Central Intelligence Agency’s website, there are 1.665 trillion barrels of oil recoverable globally. On the other hand, a report by BP suggested that we have 53 years of proven oil supply left. Just 53 years! This brings about an opportunity to work towards democratizing our world’s proven reserves. Meanwhile, monitoring and potentially preserving our world’s oil supply via blockchain technology under a crypto-economic model that also monetizes proven undeveloped oil supply. On the investment side, the Permian Token opportunity allows for direct equity crowdfunding participation by token contributors under a trust-protocol that allows them to benefit from oil supply that is proven to be available but not yet produced. The Strategy With the Permian Token we developed a solution to solve the working capital requirements of oil exploration & production companies and oil exploration and production economies, meanwhile democratizing the direct investment sector for the average investor. The result, allowing seamless and transparent reporting of our world’s energy reserves and oil transactions under an immutable trust protocol (the blockchain). The Company also solved theoretical and technological issues of oil exploration & production by allowing public and private sector to sell proven reserves yet to be produced via blockchain technology under a closed-loop-B2B-exchange (the “PermianChain”). 11 The PERMIAN Token Offering will launch 10 billion XPR tokens. It is our intention that at least 8.0 billion XPR will be sold during the ITO stages at $0.10 per token. Where we anticipate that 87.5% of the funds raised will go into oil campaigns and acreage with proven reserves, also referred to as P90. Whereas over 6% will be used to invest in continuous technology including blockchain and artificial intelligence for oil & gas exploration and production. Therefore, the total value of circulating XPR will eventually equal to a portion of the total value of Proven Reserves that are identified until each barrel of oil in proven reserves is produced and sold.
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September 19, 2018, 11:08:16 PM
 #353

here many people give lots of suggestions. but still investors want to get big profits and now there is no guarantee that when entering the market the price will stabilize or even rise. be careful in choosing ico.
The best idea right now is to stay away from icos and any risky coin, I know that a lot of people will think that if they are not investing in the market then they have no chance to multiply their money but at the same time you have no chance to lose your money either, remember when it comes to trading and investing you need to wait for the perfect time to do it.
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September 19, 2018, 11:23:39 PM
 #354

I don't believe any ico's currently unless they are security token.
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September 20, 2018, 11:04:00 AM
 #355

When money is spread out more equally, it allows investors to assess the different advantages and disadvantages of many different cryptocurrencies, allowing them a more refined watch of the market as a whole. Bitcoin dominance is used to measure how much BTC is worth, as a percentage of all cryptocurrency values. During extended market shifts, it can also foreground whether demand for Bitcoin is staying above that of the market average. When the market’s value has begun to rise; BTC dominance has declined.

Investors have stated that we know these new alt-coins have really interesting potential for the future, but, given the recent price fluctuates across the asset class, we less interested in investing in future potential, and more interested in preserving our capital. Either way you split it, when bitcoin dominance increases, it shows investors are becoming less greedy and more fearful. Flight to safety may have been verbalized through investors taking their money out of the crypto world. When fear rules over greed, Bitcoin dominance increases. All markets are reinforced on two emotions, greed and fear. The concept of “flight  safety” is the idea that when people are fearful, they go back to what they know. Investors are becoming less open-minded and less willing to speculate on smaller alt-coins. As a result, the investment and development of new crypto solutions will suffer.  But there is a solution to be independent against BTC dominance.

INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise a unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.

INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.
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September 20, 2018, 12:03:15 PM
 #356

How bout GCOX ACM??
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September 20, 2018, 12:08:15 PM
 #357

hi guys,

what do you guys think will be the next big ICO?

please kindly provide a reason also.

many thanks
Exactly it is impossible to predict which coin will be able to develop, you can probably only draw conclusions from all the candidates and choose from them the most stable and best.
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September 20, 2018, 08:34:51 PM
 #358

For all these dapps’ relative outcome, it must be said: daily user-bases of a few hundred or a few thousand are ridiculously small compared to those of the biggest centralized apps — Facebook has well over a billion daily active users.
The Ethereum Network is on-going into congestion issues once again. The cryptokitties Dapp locked up the system a few months back, but now even Binance has increased fees in the wake of the new traffic jam. Solutions tests are in the works, but they have no specific timeline and are arguably not proven to be possible. With Ethereum running at full capacity, Dapps may be forced to look for solutions to their problems before Ethereum’s issues shut them down completely.
The dramatic increase in GAS fees is attributed to the viral popularity of a slew of games emerging from online forums. While not as prejudicial to Ethereum transaction throughput as CryptoKitties, these new dApps have amassed over 26,000 transactions in 24 hours, causing GAS costs to double in price to $0.02.The spike in Ethereum dApp game interest has demonstrated the fragile nature of the Ethereum blockchain, illustrating the impact of a relatively small increase in transaction throughput on the capacity of the network. Ether Shrimp Farm, one of the most popular games causing network congestion, places players in control of a virtual shrimp farm with the goal of optimizing shrimp production, ultimately trading eggs for ETH.
New solution of Quantum-Secure Blockchain
TIM is GPS united with blockchain. And this changes everything. It exponentially upgrades the performance of permission-less agents by a new consensus mechanism based on geomining. The dapps become hyperlocal and geo-location aware. This boosts security and experience. The MVP network, at BitPost, provides 100k+tps capabilities for token transactions, smart contracts, IOT array operations scalable to 100M tps. TIM network is automatically and dynamically managed by swarms and geo-mining for load distribution, fraud detection and network operations.
A multi-zone blockchain running on specialized proof of belongingness based swarm defense app mechanism. Along with standard dapps, TIM blockchain provides hyperlocal geo-fenced dapps for economical and performant system of utility dapps. The defense mechanism works by a swarm of community apps which are run through communities or organizations with special smart contract with TALKING Foundation for providing a useful service along with proof of location for geo-mining
The blockchain can handle all natural dapps like transaction, insurance, speculation, contracts etc. In addition to the above dapps, TIM can also host geo-fenced dapps which boosts the security and privacy.
TIM will have 1.1 billion tokens and normal production rate of 0.01 tokens per second per DAG. The production rate will be regulated by foundation to match human population. The notion of matching human population is for promoting a philosophy of growth. The tokens will be rewarded in new blocks every 5 seconds. The token will be assigned over all the main network for winning nodes of each of the zones. Therefore, the rewarded tokens would be mostly fractional. This is called micro-distribution. These reserved for various kinds of econometric agenda. The major share of pre-mined tokens is reserved for impact investments. TIM foundation has deep interest in propagating DAPPS for impact work for Africa development through various entrepreneurship initiatives. Apart from development expenses, a stability fund from TIMs are reserved by TIM Foundation for helping crypto-currency growth initiatives or helping starved projects. Stability funds can also be used for merging desirable networks to increase development resources or defences for the TIM.
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September 21, 2018, 09:06:36 PM
 #359

Ternion is a good project obviously, with an experienced team and usually projects with experienced team's end up with Major success. https://ternion.io/?utm_source=bitcointalk&utm_newbie=bounty 
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September 22, 2018, 01:25:32 PM
 #360

In today’s world, most of the blockchain coin prices are driven by scarcity model and hype which is not based on real world use case. None of the blockchain is capable enough to meet the demand of enterprise and governments. They need high transaction rate and security against future thread like quantum attack. Most of the banks are still keeping themselves away from existing blockchains because of high transaction fees, partial decentralism and future quantum attacks. This is where TIM will play an important role in solving real use case of the world. From first day to today, TIM always targets to support high transaction rate (up to 100 million TPS), is quantum secure yet low fee and fully decentralized.
The history of TIM Blockchain was started with product requirement analysis at August 2016. The team determined user expectations for the product, it means that defined the product scope. The team defined an initial set of requirements. In further steps of development, the team created detailed issues for daily task sand linked each task with one or more requirements to keep traceability of development activities with requirements.
Blockchain technology is based on cryptographic algorithms designed to prevent data distortion. Each block includes a hash to the previous block, so it’s impossible to substitute an intermediate block in the ledger.  At February 2017, TIM IOT division has developed the IOT device (ASIC chip) which can directly talk to TIM blockchain. This is developed using PUF technology (Physical Unclonable Function) to prevent spoofing attack, so that no one can create a copy of it and do spoofing attack on Private TIM blockchain Network of our clients. These IOT devices will be used for many purpose like FX transactions on chip, tracking logistics and consignments and many more.
At the end of the 2017, the project concept and prototypes of TIM Blockchain has been developed and team developed the multigraph simulated network system. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. (Load of transaction in a given region). This term is called as dynamic sharding and vertical sharding. The network starts with two default graphs across the globe with partition across the equator line. With increase of transactions, the graphs are forked to create more parallel partitions which could increase the overall throughput of the system.
After the whitepaper completion, TIM Blockchain team published a new and pathbreaking model for how cryptography based digital assets, namely cryptocurrencies or tokens in March 2018. It was based on simple premise of utility value, which means that any asset should be as valuable as its usefulness. Additionally, the pre-ICO of TIM Blockchain had been conducted in March 2018 and collected 3000 ETH from more than 200 investors. The ultimate goal is always reaching higher at TIM Blockchain, so the hard cap is determined where TIM Blockchain needs to reach.
TIM team continued with developing the multigraph test network and integrations the POA network on the public Node multigraph in the April 2018. The blockchain security is achieved by the multigraph generated by sharding of TIM network. The key generation works for network size of above 400, therefore has a future readiness feature. The generation mechanism is collaborative, where each of the graph miner computes the isogeny contribution by keeping oneself at the root. The root nature can be easily verified when the block is signed. This also mandates that the block to be created by one of graph miners. To reach this stage, the size of the multigraph is key criteria.
TIM Blockchain has released limited beta for sharding testnet. TIM uses vertical partitioning of blockchain using geolocation of nodes and is dynamic based on demand. This term is called as dynamic sharding and vertical sharding. TIM Blockchain built over Ethereum code base using vertical sharding, on-demand partition, load distribution based on statistical model, DAG based network topology for nodes communication, scoring mechanism using gossip trust protocol, cuckoo filter instead of bloom filter and many more.
Besides the marketing power of TIM Blockchain, project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. TIM Blockchain aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. TIM Blockchain Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships.
And finally, TIM Blockchain is pleased to announce that the crowd sale has begun at the 15h September 2018 and the fastest contributors got their TIM tokens secured. TIM tokens have been sold to the general public with appropriate KYC and AML compliance. The crowd sale has been conducted on the LAToken platform -https://[Suspicious link removed]/2Oaog0c currently a Top 50 Cryptocurrency Exchange. TIM Blockchain has announced that to help investors in current market conditions, Ethereum price are pegged to US$400. This gives them more TIM tokens than their ether would otherwise buy.
The TIM foundation aims to strengthen communities across the globe using technological advancement and innovation. We are committed to create one of the most viable public, scalable, secure, permission-less blockchain of choice for enterprises, governments and partners.
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