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cloudjacker | 9 years ago

When's the ICO?

discuss

order

buckie|9 years ago

We're focused on private deployments currently but are playing with the idea of a public chain. The issue is that it would look so different from what people are used to that we're having a hard time with the monetization strategy/figuring out what people would use it for.

For one, there's no Mining so what's the meaning of the initial coins? Also, it'd be much closer to an AWS Lambda + Stripe/Ripple than anything else which makes fee structures tricky. The big reason is that we would run all of the nodes ourselves because our core IP is ScalableBFT and we think that's the most valuable bit.

It's the first/only deterministic BFT Consensus that can scale into the 1000's of nodes + maintain constant performance as it scales. Being a bit of a breakthrough, we are keeping the protocol and its implementation proprietary.

cdetrio|9 years ago

> can scale into the 1000's of nodes + maintain constant performance as it scales.

So transaction throughput stays at 5-15 tx/s and does not increase as you add nodes?