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Author Topic: [ANN][ICO] ⚡️⚡️ SKYNET 🚀 Infinity Chain Blockchain + First Blockchain Chip ⚡️⚡️  (Read 24740 times)
BigDarma
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July 16, 2018, 01:30:45 PM
 #161

Is there any minimum and maximum contribution?
MachNotMark
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July 16, 2018, 01:56:58 PM
 #162

Does SON have a network framework that has its own description and tasks that allows an unlimited framework and the number of blockchains to connect ?
As I know Skynet Open Network is comprised of four main frameworks: SON Fabric, SON Nova, SON Idem, and SON Singularity.
Are they in each other's path or are still connected with others?
ErikVohl
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July 16, 2018, 02:02:40 PM
 #163

There is 3 token name : Skynet, Light, and Singularity.
May i know how the singularity works? sorry I'm a bit confused bout this
HarryJoett
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July 16, 2018, 02:16:08 PM
 #164

Does SON have a network framework that has its own description and tasks that allows an unlimited framework and the number of blockchains to connect ?
As I know Skynet Open Network is comprised of four main frameworks: SON Fabric, SON Nova, SON Idem, and SON Singularity.
Are they in each other's path or are still connected with others?
Yes, SON Nova, SON Idem, and SON Singularity are connected to SON Fabric.
keinelaa
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July 16, 2018, 03:17:14 PM
 #165

Does SON have a network framework that has its own description and tasks that allows an unlimited framework and the number of blockchains to connect ?
As I know Skynet Open Network is comprised of four main frameworks: SON Fabric, SON Nova, SON Idem, and SON Singularity.
Are they in each other's path or are still connected with others?
Yes, SON Nova, SON Idem, and SON Singularity are connected to SON Fabric.
Do you know about the description or maybe their task or for what application?
HarryJoett
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July 16, 2018, 03:35:30 PM
 #166

Does SON have a network framework that has its own description and tasks that allows an unlimited framework and the number of blockchains to connect ?
As I know Skynet Open Network is comprised of four main frameworks: SON Fabric, SON Nova, SON Idem, and SON Singularity.
Are they in each other's path or are still connected with others?
Yes, SON Nova, SON Idem, and SON Singularity are connected to SON Fabric.
Do you know about the description or maybe their task or for what application?
SON Fabric - Blockchain Platform - Proof of Stake Blockchains & Cross Chain Communication. SON Nova - Distributed App Platform - Scalable Smart Contracts & Web3 and Ethereum Compatibility. SON Idem - Decentralized ID Platform - Secure Node Discovery & IoT Device Management. SON Singularity - Machine Learning Platform - AI KnowledgeNet & Decentralized Machine Learning. That's all I know so far.
GrahamHood
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July 16, 2018, 04:17:29 PM
 #167

What are the applicable Cross-Blockchain Communication of this project?
Lonelly_Mode
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July 16, 2018, 04:25:36 PM
 #168

What are the applicable Cross-Blockchain Communication of this project?
When quoted from the website of things that can be applied such as Multiple Virtual Machines - SON Fabric only communicates to other IoT Chains with CBC, so each other blockchain can be sovereign and have their own virtual machines, applications, and governance. Distributed. Exchange- SON Fabric can be used as a decentralized exchange to swap tokens between IoT Chains. Cross-Chain Bridge - Chains on SON Fabric can serve as a bridge to other blockchains like Bitcoin by verifying states in SON and on other blockchains. In this manner, cross-blockchain communication is a vital component of having an infinite amount of interoperable, self-governing blockchains on the SON.
Painfire
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July 16, 2018, 09:27:06 PM
 #169

Good choice for title of the project. I remember Terminator and Arnold but also the end of that project. The project already has serious White Paper and big team from USA. So it looks like reliable project. Need to learn more about it.

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YaoShang
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July 17, 2018, 03:25:22 AM
 #170

For what it provides some background, the main difference between Tendermint and Ethereum on this project?
AndreiYoung
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July 17, 2018, 03:32:02 AM
 #171

For what it provides some background, the main difference between Tendermint and Ethereum on this project?
At the time I read whitepaper there is an explanation like this Tendermint uses go-wire for serialization while Ethereum uses Recursive Length Prefix. Tendermint uses ed25519 where in comparison, Ethereum uses secp256k1. Lastly, Tendermint uses IVAL+ Trees while Ethereum uses Patricia Trees for key values.
MachNotMark
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July 17, 2018, 05:03:20 AM
 #172

How does IoT work in converting Light to Ethereum?
HarryJoett
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July 17, 2018, 05:06:33 AM
 #173

How does IoT work in converting Light to Ethereum?
Once the light is sent, the smart contract can then send an ERC20 light variant to an Ethereum address where the IoT device is able to convert it to Ethereum via a distributed exchange. I guess.
keinelaa
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July 17, 2018, 05:20:04 AM
 #174

How does SON effort to anticipate the high cost of converting each block into a compatible variant in the Ethereum Virtual Machine?
Lonelly_Mode
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July 17, 2018, 05:41:03 AM
 #175

How does SON effort to anticipate the high cost of converting each block into a compatible variant in the Ethereum Virtual Machine?
To realize that I think the team argues To provide gas-friendly bridge from SON to Ethereum, ABCI application will receive a relay message from SON Fabric, and the ABCI application will write Ethereum transactions contains addresses, denominations, numbers, and nonce. The Signing App will then detect the transaction of the ABCI Application and signed the transaction using secp256k1. The Signing App will forward the message again replication and Applications The relay signing will query the ABCI application transactions and process the transactions they perform required threshold. The Relay Signing Application will send transactions to the Ethereum smart contract and the smart contract will send a lightweight ERC20 Token to the user's Ethereum address.
GrahamHood
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July 17, 2018, 06:01:29 AM
 #176

To find out how many tokens it can be, does anyone know the calculation of getting a commission?
AndreiYoung
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July 17, 2018, 06:05:09 AM
 #177

To find out how many tokens it can be, does anyone know the calculation of getting a commission?
If not wrong how to calculate it like this :
Commission: 500 * 80 % * 2 % = 8 Light
Validator: 500 * 20 % + Commission = 108 Light
Delegators: 500 * 80 % - Commission = 402 Light
GrahamHood
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July 17, 2018, 06:08:47 AM
 #178

To find out how many tokens it can be, does anyone know the calculation of getting a commission?
If not wrong how to calculate it like this :
Commission: 500 * 80 % * 2 % = 8 Light
Validator: 500 * 20 % + Commission = 108 Light
Delegators: 500 * 80 % - Commission = 402 Light
Where did you get those numbers?
AndreiYoung
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July 17, 2018, 06:15:39 AM
 #179

To find out how many tokens it can be, does anyone know the calculation of getting a commission?
If not wrong how to calculate it like this :
Commission: 500 * 80 % * 2 % = 8 Light
Validator: 500 * 20 % + Commission = 108 Light
Delegators: 500 * 80 % - Commission = 402 Light
Where did you get those numbers?
If the block provision is 5000 Light tokens and each validator has 20% of staked Skynet tokens, and the commission fee is 2% across 10 validators, then the 500 tokens will be distributed across the calculations I've outlined earlier.
keinelaa
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July 17, 2018, 08:46:55 AM
 #180

SON opens opportunities for anyone who wants to participate in this project and only for investors from US and China who are restricted to participate and that does not have accreditation. What about the government policies of each country that reject the use of digital assets such as cryptocurrency in the country. How does the team respond to it?
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