IRIS Network ICO Review And Token Analysis

IRIS Network ICO Overview The IRIS Network ICO and IRIS token sale are raising funds toward an inter-chain service infrastructure and protocol. IRIS Network lays the groundwork for a network of distributed ledgers capable of integrating disparate business services, including public and proprietary chains in addition to enterprise legacy systems. IRIS Network is itself an instance of Cosmos, and will expand the interoperable ecosystem as a regional hub. IRIS Network ICO Value Proposition The IRIS network aims to deploy the same topology as Cosmos while adding a set of complementary…

Hypernet ICO Review and HYPR Token Analysis

Hypernet ICO Overview The Hypernet ICO and HYPR token sale are raising funds for a decentralized, distributed parallel computing network. Hypernet harnesses the idle computing resources of network participants to meet demand for processing power through a novel programming model and marketplace. The core infrastructure includes a blockchain-based task scheduler and Distributed Average Consensus (DAC) API suite, designed to break the constraints posed by device availability and bandwidth fluctuation that limit the potential of other approaches to distributed computing. Hypernet ICO Value Proposition Most distributed computing systems require raw data…

TrueBit Code Review: Scalable Blockchain Verification

I love this. Love it. Go to the website and you’ll see why, it’s like looking at 1993 and I swear they had to get their background colour matched at a hospital. Love it. Well looks aren’t everything so I’ll put my affection to one side and focus on the TrueBit code review. They’ve been working on this a while and it shows. “Panopticomputers”, only verifying blockchains when something goes wrong or when highly complex, so that every transaction is not clogging up the network, “outsourcing” computations to a “trustless…

Metadium Code Review: Identity Protocol

Before I get into the Metadium code review this is interesting. It’s another’ Big Data is Evil’ yada yada thing but they actually express the problem well in one part of their website: “Scattered. Controlled. Vulnerable.” Those are three good reasons for them to exist. I don’t want my data to be scattered to third parties, controlled by centralized authorities, or vulnerable to hackers. Tell me more! But instead they go off into la-la land. “Blockchain ecosystem that allows for the expansion of blockchain platform. Metadium aims to accomplish complete-digitalization…

SEC to Review Rejected Bitcoin ETFs, Why They Will Remain Declined

This week, the US Securities and Exchange Commission (SEC) has said it will review nine Bitcoin exchange-traded funds (ETFs) it disapproved on August 24. The letter sent to NYSE Group senior counsel David De Gregorio by SEC secretary Brent Fields read: “This letter is to notify you that, pursuant to Rule 43 I of the Commission’s Rules of Practice, 17 CFR 20 I .43 1, the Commission will review the delegated action. In accordance with Rule 431 (e), the August 22 order is stayed until the Commission orders otherwise.” Community…

HYCON Code Review: SPECTRE Consensus Algorithm

HYCON is building the Infinity Platform, simple enough for anyone to build their own customized blockchain, guess I’ll be out of a job. A lot of focus here on accountability and transparency, security, things that DAGs are ostensibly good at. “HYCON, which stands for Hyperconnected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and…

Trias ICO Review and TRY Token Analysis

Trias ICO Overview The Trias ICO and TRY token sale are raising funds to launch a decentralized, general-purpose computation infrastructure based on trust, to ensure distributed systems behave in a deterministic manner. Offering a product that combines trusted hardware with graph computing, Trias aims to increase throughput across a wide array of dApps and underlying platforms through an advanced development framework and collaborative ecosystem. Trias ICO Value Proposition The possibility of running general-purpose dApps on common devices like PCs and mobile phones presents a number of challenges that require attention for…

Constellation Code Review: Blockchain OS

My Constellation code review coincides with the release of their testnet visualizer, which you can see here. The business itself is described as “A blockchain microservice operating system” which checks off all the boxes for any serious contender these days – scalable, fast, reputation-based free transactions, decentralized, mobile, smart contracts, etc etc. The question, of course, is whether they can live up to the (considerable) hype around the project. “We propose a fault resistant, horizontally scalable, distributed operating system that can implement full nodes as a mobile client. Therefore, we present…