I/O Coin (IOC) DiONS VM | Messaging | Data Storage | Chameleon | DeFi

[MrWhiteBites]

Congratulations Richard  and IOC on the newspaper article!  I dont read Dutch, but i am sure t is a good read.

PS: looking well there!  Good jumper choice!


https://twitter.com/blockchainbros/status/796963206736576512

[1714854443]

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[1714854443]

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[kb4scv]

How do you see block-chain making a difference to a large company that has established networks already?

[cohnhead]

How do you see block-chain making a difference to a large company that has established networks already?

to name a couple......lower cost to operate existing network....also opens networks to already established "trusted" parties and also new non trusted parties....as block chain is a trustless network...bigger network = greater potential.

[kb4scv]

How do you see block-chain making a difference to a large company that has established networks already?

to name a couple......lower cost to operate existing network....also opens networks to already established "trusted" parties and also new non trusted parties....as block chain is a trustless network...bigger network = greater potential.

You guys think enough info, or links to info, can be stored on a block-chain to allow large companies to get rid of costly servers?  That would be a huge plus.

Anyhow, still just guessing at this point.  Let's see where you guys take this.  It will be fun......

[kb4scv]

Ok, so if I am reading your roadmap info right, people will be able to assign an alias to another coin through IOC and then be able to transfer that alias to another person?  This would enable instant transactions for any coin someone wanted to use? 

This is why bloat should not be a problem as large amounts of info can be stored in another chain and the alias just transferred to it to pass that info.

If I understood that correctly, it is brilliant.  Solves the problem of having to tie value to an intermediate coin.

Sorry if this has all been discussed before.  Been busy with life and not been able to follow as closely as I would have liked.

[cryptocoinnl]

Ok, so if I am reading your roadmap info right, people will be able to assign an alias to another coin through IOC and then be able to transfer that alias to another person?  This would enable instant transactions for any coin someone wanted to use? 

This is why bloat should not be a problem as large amounts of info can be stored in another chain and the alias just transferred to it to pass that info.

If I understood that correctly, it is brilliant.  Solves the problem of having to tie value to an intermediate coin.

Sorry if this has all been discussed before.  Been busy with life and not been able to follow as closely as I would have liked.

You will be able to register an alias on our chain. Connected to an IOC address. You can transfer that alias to another IOC address (you could potentially sell it). This Alias is your ID on the main chain. When a sidechain is connected, this sidechain can "ask" the IOC chain for your alias. It would be feasible that the API will be able to translate your alias across all the connected chains. Other chains could potentially add more info to your ID like the ID of another sidechain. In this way you could have multiple ID's stored at the one IOC chain and the Alias can be used across these chains then.

So the IOC mainchain could connect to sidechain A with your Alias and get the data needed from Sidechain A
In that way there is no need in storing all the data in the IOC mainchain. Interoperability

Theoretically. Brilliant ;-)


Cheers
Richard

[SpringfieldM1A]

Thanks for taking the time to respond to very in depth questions people post here Richard.
@kb4scv cheers for bringing up these well articulated questions, it makes for a very interesting read.

Rock on folks, following IOC with great interest.

Edit: So if I summarize the above correctly due to chain interoperability people can transfer bitcoin to an IO alias? That means if I register my name people can send bitcoin to a simple address instead of a long string of letters and numbers? That would for sure make widespread crypto adoption a LOT easier.
The fees associated with the alias register would flow back to holders of IO. That kind sirs is indeed brilliant.

[cryptocoinnl]

Thanks for taking the time to respond to very in depth questions people post here Richard.
@kb4scv cheers for bringing up these well articulated questions, it makes for a very interesting read.

Rock on folks, following IOC with great interest.

Edit: So if I summarize the above correctly due to chain interoperability people can transfer bitcoin to an IO alias? That means if I register my name people can send bitcoin to a simple address instead of a long string of letters and numbers? That would for sure make widespread crypto adoption a LOT easier.
The fees associated with the alias register would flow back to holders of IO. That kind sirs is indeed brilliant.

Correct. Maybe Joel can add some more explanation of the above features, but this is exactly what we are building here.
DIONS is juts a "coat rack" for all future developments. DIONS is big, but Chameleon will be even bigger.
Chameleon will be the glue between all of this.

Cheers
Richard

[kb4scv]

Thanks for taking the time to respond to very in depth questions people post here Richard.
@kb4scv cheers for bringing up these well articulated questions, it makes for a very interesting read.

Rock on folks, following IOC with great interest.

Just love the creativity and advancement of the technology.  

This is the best team hands down that I have run across.  Working towards a goal, willing to answer questions, obviously have passion for what they are doing and, best of all, finding ways to make these coins (chains) valuable in the real world as opposed to pure speculation valuation.

This coin has to be in the running for one with huge potential in the real world...........  (Mostly because the team behind it wants to get it there. Very refreshing in the minefield of coins out there today)

[kb4scv]

Thanks for taking the time to respond to very in depth questions people post here Richard.
@kb4scv cheers for bringing up these well articulated questions, it makes for a very interesting read.

Rock on folks, following IOC with great interest.

Edit: So if I summarize the above correctly due to chain interoperability people can transfer bitcoin to an IO alias? That means if I register my name people can send bitcoin to a simple address instead of a long string of letters and numbers? That would for sure make widespread crypto adoption a LOT easier.
The fees associated with the alias register would flow back to holders of IO. That kind sirs is indeed brilliant.

Correct. Maybe Joel can add some more explanation of the above features, but this is exactly what we are building here.
DIONS is juts a "coat rack" for all future developments. DIONS is big, but Chameleon will be even bigger.
Chameleon will be the glue between all of this.

Cheers
Richard

Further still, and just want to make sure I have this part correct, the aliases can be transferred?  If that is the case, any coin/chain attached to an alias can be transferred, making the envelope a vehicle for instant transfers?  The foundation for de-centralized exchange of coins and info?  Sounds like it to me, unless I have something wrong here. ( May not understand the mechanism for transferring the alias, but would think it could be instantaneous, unless it worked through the block-chain, though I do not see why it would have to.  )

[kb4scv]

Decentralized exchange, wallet to wallet - thousands of transactions fees (hopefully a day) to run the chain and inject value into the coin.

Buy and sell coins while paying yourself through IOC........

Imagine that, the coin holder getting paid instead of the Exchange owners.  (Sucks for them)
 

Still cannot wait, I want to see how this gets used for business down the road.  Have a few ideas for myself already.  Will be happy to share thoughts when this is all working.

[kb4scv]

Decentralized exchange, wallet to wallet - thousands of transactions fees (hopefully a day) to run the chain and inject value into the coin.

Buy and sell coins while paying yourself through IOC........

Imagine that, the coin holder getting paid instead of the Exchange owners.  (Sucks for them)
 

Still cannot wait, I want to see how this gets used for business down the road.  Have a few ideas for myself already.  Will be happy to share thoughts when this is all working.


Edit: Richard, slap me down if I am too far out there with a post, I do not even pretend to fully understand all of this, so I may be throwing thoughts out there that are not realistic.  If that is the case, call me on it.  Not trying to make grand claims or false hopes.  No one out there should make any decisions based on my posts, listen to the experts!

[cryptocoinnl]

Thanks for your questions. Let me be clear: first of all we are delivering DIONS.

After that we start with Chameleon. The exact definitions of Chameleon are still to be discussed within the team though the code has been written for a great part. We learn as we code. We learn as we talk to companies and we learn as we speak.

All the above is just hypothetical future usability and not set in concrete. Just setting the expectations into the right order and have the focus on the right project (DIONS) at this time. With these questions we learn what you want and expect from it as well. So definitely its worth sending us the questions. You never know right? ;-)

The soon to be released infographic for DIONS will explain what use cases and technical possibilities are possible.

Last week Dutch media was good for us. This gave the project a lot of attention.
Even the sr. VP Finance of TomTom shared his positive thoughts amongst all his connections. I got contacted by a lot of companies that want to chat about the possibilities and even a political party asked if we could have a chat and present our project and future ideas about Blockchain at universities and their congress. How cool is that.

Development is well underway and we are killing all the bugs we encounter. Along the way we experience stuff we haven't thought of and are implementing some changes as well for usability and security. As you all know we are working in overdrive but do not hurry because we have security and usability in our minds. You have all seen the great screenshots that we have it all working and this is very satisfactory for us. After two years of developing sending and receiving a real decentralized message from wallet to wallet. That is just WOW.
Now paving the way for the next stage of beta which will come anytime soonish.

Thanks for all your patience and believe in our project.

Cheers,
Richard 

[MrWhiteBites]

Last week Dutch media was good for us. This gave the project a lot of attention.
Even the sr. VP Finance of TomTom shared his positive thoughts amongst all his connections. I got contacted by a lot of companies that want to chat about the possibilities and even a political party asked if we could have a chat and present our project and future ideas about Blockchain at universities and their congress. How cool is that.



WOW.  Simply WOW.   amazing, really amazing, well done IOC devs long over due attention. 

[bontol72]

Today will be the big news.    We wait..........

[cryptocoinnl]

IMPORTANT ANNOUNCEMENT

Marco Houweling (Senior Vice President Finance TomTom consumer division) joins the Advisory board of the I/O Digital Foundation


Marco Houweling (NL) is the Senior Vice President Finance of the Consumer Division at TomTom. He obtained his economics Master at Tilburg University. He is a member of the management team of the Consumer Division. Houweling’s focus is the strategic planning, financial planning and control as well as the day to day management of the division. Marco is a Dutch citizen and lives in the Netherlands.

Houweling sees himself as the ‘financial conscience” of the company with a strong heart for entrepreneurship. Marco has a proven track record and facilitates “controlled” growth by taking conscious and controlled risks and chances. He is proud of the role he has played in the successful (hyper)growth of TomTom, the succesful IPO and the leading role TomTom has obtained in the European Tech industry.

The advisory board

Within the I/O Digital Foundation Marco takes place in the Advisory Board. The advisory board consists of top industry experts who advise the foundation in their field of experience and contribute to the future stability and growth of the Foundation. We welcome Marco to our foundation and are proud Marco wants to take part in this amazing project. We are looking forward working together.



This article was also placed on our website http://www.iodigital.io/news-and-updates/

[kb4scv]

Today will be the big news.    We wait..........

Wasn't long!

[kb4scv]

Will there be the ability to auto-renew an alias at set up?

[kb4scv]

When does the race begin to buy obvious names for aliases?  (only partially joking here)

[cohnhead]

When does the race begin to buy obvious names for aliases?  (only partially joking here)

i may have already purchased an alias....200 io-shis if i remember correctly