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Internet of Coins Update #27 - The river runs to the delta

07 Oct 2017 / admin

Internet of Coins Update #27 - The river runs to the delta

Dear cryptocurrency enthusiast,

We thank you for your interest in our project, and all who participated in our crowdfund. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, participated in the crowdfund or have previously been in touch with one of our team members. This newsletter will be sent out roughly every fortnight, to keep our supporters updated about our development efforts.

Hybrid listed on EtherDelta

Together with the early holders we did a token upgrade over the past two weeks. To adhere to the latest ERC20 standards set out by the Ethereum foundation, we upgraded the token and arranged for it to be listed on EtherDelta. You can now find the token on the decentralized exchange there under the symbol name XHY in the dropdown list. Currently the volume is still low, and we expect this will remain for a while, until we reach the point where we can create a unified market between the hybrid chains.

Ethereum Classic

After testing the Ethereum module with success, we now have also added support for Ethereum Classic. We are adding more cryptocurrencies, and will be working on the implementation of token handling. With the support of tokens, we will take another important step towards supporting hybrid assets in the wallet.

Less is more

We have developed a forage cache mechanism in the browser that makes the Internet of Coins wallet more bandwidth efficient after the first login. Libraries used for transactions now no longer need to be pulled in on every login. Instead they are cached to make logging into the wallet much faster.

Usability

Luca is putting effort into making the user interface more user friendly. She is first focusing on making the CSS style sheets clean and tidy. After that she will be strictly separating any user interface code from functional code to make sure these cannot cause confusion for other developers.

Legal efforts

The past weeks we have made progress in formalising our organisational structure. A draft of the statutes for the custodian foundation under the Commons Conservancy, that will safeguard the open source technologies developed by the Internet of Coins project, is now undergoing scrutiny by legal experts. We have also found three people willing to chair the Internet of Coins foundation, who will hold the Internet of Coins team accountable as to how assets are allocated to further project goals according to our crowdfund terms.

We are hiring

Last week we had several meet and greets with talented programmers to help us out in implementing key aspects of the hybridd infrastructure. All of them have experience in nodejs and high availability javascript coding. Various specialists on the crossroads of mathematics and information theory were among them. Each of them will receive a special challenge to give them the chance to prove their mettle and show off what they will bring to the team.

How can we help you?

If you want to ask the team any questions, regarding the project or in general, please use one of these ways to do so:

By email: info@internetofcoins.org
Over Riot or Slack: see https://internetofcoins.org/chat
Twitter: ask your question and mention @InternetOfCoins

If you haven't received a mailing from us earlier and are new to the project, you can read up on previously published articles on our blog, join the Bitcointalk forum thread, check out our project website or watch one of the presentations we have held at various conferences.

Ways to support

We can use help integrating different blockchain systems into the Internet of Coins wallet. If you can program in JavaScript (NodeJS), and would like to help out, please let us know. You can also follow and retweet us at @internetofcoins to spread the word. Want to be added to our Slack channel? Just reply to this mail with your request and we'll send you an invite. Once added, you can invite others as well.

Thank you for taking the time to read our updates, we'll be in touch again with our next newsletter around two weeks from now.

Yours sincerely, Amadeus, George, Jelle, Joachim, Kirsten, Luca, Maria, Marjon, Pim, Robert, Sergey and Steffen

Internet of Coins Update #26 - I heard it through the grapevine

12 Sep 2017 / admin

Internet of Coins Update #26 - I heard it through the grapevine

Dear cryptocurrency enthusiast,

We thank you for your interest in our project, and all who participated in our crowdfund. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, participated in the crowdfund or have previously been in touch with one of our team members. This newsletter will be sent out once every two weeks, to keep our supporters updated about our development efforts.

Grapevine talk

On our chat channels there was some confusion over a message that did not come from us, and instructed people to make a wallet. Be sure only to respond to instructions that come from Internet of Coins directly. As per our terms (https://coinstorm.net/terms) we will release a public wallet to receive the tokens in the first quarter of 2018. See 'The release of the tokens' below for details. If you have any suspicions about emails claiming to be from Internet of Coins, or using the IoC name, please forward the contents to info@internetofcoins.org so we can take appropriate measures. Internet of Coins is an independent initiative and has NOT instructed any other organisation to speak on our behalf.

Alpha wallet updated

Our ALPHA wallet (only for testing purposes) was updated and now integrates many improvements. We invite people to try it out and give us feedback per email about their experience. Please keep in mind this is experimental code, so please do not store large amounts of value until the testing phase has been completed. The alpha wallet can now be reached at https://wallet.coinstorm.net We'd love to hear some feedback on your experience with the wallet.

Tell me more, tell me more...

We now have a working implementation of deterministic Ethereum functions, so the ETH blockchain can be connected to our ecosystem. We have integrated the REST API into the command line wallet for testing purposes. Processes in the code have been segregated, or split up into separate streams, for more security. Account credentials are checked at login using a validation algorithm to prevent typing mistakes. Also our connectors to other RPC (remote procedure call) interfaces have been improved.

'How we roll'

We noticed some questions about the token release cycle in our email inbox. Some supporters asked how and when they would receive their tokens. For most people, the tokens will be released in the first quarter of 2018, when our integrated and user-friendly wallet has been developed. The last requests for early holders are now being handled.

The release of the tokens

There have been questions regarding where the HYBRID tokens are 'visible' and how donators can know where their tokens are stored. We build on earlier achievements, and hence the infrastructure to carry our tokens will be developed using the (crypto)currency that our supporters donate. At the present moment, this means your registration information is your ticket for our Fundraiser. Make sure to keep a copy of the TXID of your donation, screenshots of transactions and confirmation, your PIN and/or the confirmation email. The deadline for those without any confirmation of their donation to contact us was September 1st.

Once the network infrastructure is functional, each donator will be able to create their own account on the newly developed system. This account will receive the amount of HYBRID tokens reserved according to the USD value of the donation at the time of participating, as per our terms. In the course of development, the network will be connected to different coins and token systems, also those included in the fundraiser.

How can we help you?

If you want to ask the team any questions, regarding the project or in general, please use one of these ways to do so:

Twitter: ask your question and mention @InternetOfCoins
Log on to the chatpage on our website: https://internetofcoins.org/chat
Via email: info@internetofcoins.org

If you haven't received a mailing from us earlier and are new to the project, you can read up on previously published articles on our blog, join the Bitcointalk forum thread, check out our project website or watch one of the presentations we have held at various conferences.

Ways to support

We can use help integrating different blockchain systems into the Internet of Coins wallet. If you can program in JavaScript (NodeJS), and would like to help out, please let us know. You can also follow and retweet us at @internetofcoins to spread the word. Want to be added to our Slack channel? Just reply to this mail with your request and we'll send you an invite. Once added, you can invite others as well.

Thank you for taking the time to read our updates, we'll be in touch again with our next newsletter around two weeks from now.

Yours sincerely, Amadeus, George, Jelle, Joachim, Kirsten, Luca, Maria, Marjon, Pim, Robert, Sergey and Steffen

Internet of Coins Update #25 - Enabling progress for our developers

12 Sep 2017 / Dotrego

Internet of Coins Update #25 - Enabling progress for our developers

Dear cryptocurrency enthusiast,

We thank you for your interest in our project, and all who participated in our crowdfund. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, participated in the crowdfund or have previously been in touch with one of our team members. From August onward, this newsletter will be sent out once every two weeks, to keep our supporters updated about our development efforts.

Developments underway

To enable more efficient development of deterministic crypto-functions we are developing a command-line client. This is also vital for those people who need to access blockchain technologies in places with extremely low bandwidth, as the communication between the command-line client and hybrid nodes is much less resource consuming than the web interface (which is already the most efficient in its class). Others in our team have been working on the transport mechanisms, so that both command-line and web clients can exchange information decentralised with nodes and these can share datagrams amongst themselves in a secure and tamper-proof manner, without having to depend on untrusted or centralised third parties, such as certification authorities.

[screenshot]

Token status

A third party that had initially shown initiative to launch the hybrid tokens used within the Internet of Coins on a centralised exchange has stopped communicating with us. We assume for now that their technicians will need more time than they anticipated and hope they will contact us again when they make progress. On the bright side, we observe that the tokens of individual chains are becoming available on the decentralized exchanges. Of course, we will inform you when markets establish themselves. In the meantime, we focus on implementing the infrastructure and network support for decentralised multiple-token interchange.

'How we roll'

We noticed some questions about the token release cycle in our email inbox. Some supporters asked how and when they would receive their tokens. For most people, the tokens will be released in the first quarter of 2018, when our integrated and user-friendly wallet has been developed. The last requests for early holders are now being handled.

The release of the tokens

There have been questions regarding where the HYBRID tokens are 'visible' and how donators can know where their tokens are stored. We build on earlier achievements, and hence the infrastructure to carry our tokens will be developed using the (crypto)currency that our supporters donate. At the present moment, this means your registration information is your ticket for our Fundraiser. Make sure to keep a copy of your PIN, the TXID of your donation, screenshots of transactions and confirmation, or the confirmation email. If you cannot find these, you have until September 1st to provide proof of your donation. Once the network infrastructure is functional, each donator will be able to create their own account on the newly developed system. This account will receive the amount of HYBRID tokens reserved according to the USD value of the donation at the time of participating, as per our terms. In the course of development, the network will be connected to different coins and token systems, also those included in the fundraiser.

How can we help you?

If you want to ask the team any questions, regarding the project or in general, please use one of these ways to do so:

Twitter: ask your question and mention @InternetOfCoins
Log on to the chatpage on our website: https://internetofcoins.org/chat
Via email: info@internetofcoins.org

If you haven't received a mailing from us earlier and are new to the project, you can read up on previously published articles on our blog, join the Bitcointalk forum thread, check out our project website or watch one of the presentations we have held at various conferences.

Ways to support

We can use help integrating different blockchain systems into the Internet of Coins wallet. If you can program in JavaScript (NodeJS), and would like to help out, please let us know. You can also follow and retweet us at @internetofcoins to spread the word. Want to be added to our Slack channel? Just reply to this mail with your request and we'll send you an invite. Once added, you can invite others as well.

Thank you for taking the time to read our updates, we'll be in touch again with our next newsletter around two weeks from now.

Yours sincerely, Amadeus, George, Jelle, Joachim, Kirsten, Luca, Maria, Marjon, Pim, Robert, Sergey and Steffen

Internet of Coins Update #24 - Listening to the winds of change

02 Aug 2017 / Dotrego

Internet of Coins Update #24 - Listening to the winds of change

Dear cryptocurrency enthusiast,

We thank you for your interest in our project, and all who participated in our crowdfund. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, participated in the crowdfund or have previously been in touch with one of our team members. From August 1st this newsletter will be sent out once every two weeks, to keep our supporters updated about our development efforts.

Trading support in preparation

A third party has shown interest to launch the hybrid tokens used in Internet of Coins on an exchange. Their technicians have started research into supporting the different chains that intercommunicate. We cannot give any guarantees on their timing, but donators who will want to start trading will have one more choice on where they can exchange, next to the decentralized exchanges. We will also unveil the logo for the interconnected hybrid token when the exchange has their implementations ready. In the meantime we are laying foundations for the weavechain implementation and starting cooperation with other programmers, for example in the UI/UX area to take the wallet further.

Hardware node

Next to token support, we are also preparing bare metal options for our supporters. Development of a hardware node is underway that will enable everyone to support the Internet of Coins infrastructure. We are very excited about this development, and will communicate further information once the nodes are production ready.

'How we roll'

We noticed some questions about the token release cycle in our email inbox. Some supporters asked how and when they would receive their tokens. For most people, the tokens will be released in the first quarter of 2018, when our integrated and user-friendly wallet has been developed. The last requests for early holders are being handled this week and next week.

The release of the tokens

There have been questions regarding where the HYBRID tokens are 'visible' and how donators can know where their tokens are stored. We build on earlier achievements, and hence the infrastructure to carry our tokens will be developed using the (crypto)currency that our supporters donate. At the present moment, this means your registration information is your ticket for our Fundraiser. Make sure to keep a copy of your PIN, the TXID of your donation, screenshots of transactions and confirmation, or the confirmation email. If you cannot find these, you have until September 1st to provide proof of your donation. When the network infrastructure is functional, each donator will be able to create their own account on the newly developed system. This account will receive the amount of HYBRID tokens reserved according to the USD value of the donation at the time of participating. In the course of development, the network will be connected to different coins and token systems, as well as those included in the fundraiser.

How can we help you?

If you want to ask the team any questions, regarding the project or in general, please use one of these ways to do so:

Twitter: ask your question and mention @InternetOfCoins
Log on to the chatpage on our website: https://internetofcoins.org/chat
Via email: info@internetofcoins.org

If you haven't received a mailing from us earlier and are new to the project, you can read up on previously published articles on our blog, join the Bitcointalk forum thread, check out our project website or watch one of the presentations we have held at various conferences.

Ways to support

We can use help integrating different blockchain systems into the Internet of Coins wallet. If you can program in JavaScript (NodeJS), and would like to help out, please let us know. You can also follow and retweet us at @internetofcoins to spread the word. Want to be added to our Slack channel? Just reply to this mail with your request and we'll send you an invite. Once added, you can invite others as well.

Thank you for taking the time to read our updates, we'll be in touch again soon with our next newsletter!

Yours sincerely, Amadeus, George, Jelle, Joachim, Kirsten, Luca, Maria, Marjon, Matthias, Pim, Robert, Sergey and Steffen

Internet of Coins Update #23 - "You got change, mister?"

21 Jul 2017 / Dotrego

Internet of Coins Update #23 - "You got change, mister?"

Dear cryptocurrency enthusiast,

We thank you for your interest in our project, and all who participated in our crowdfund. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, participated in the crowdfund or have previously been in touch with one of our team members.

Preparations for exchange underway

This week we made progress in arranging for options to trade hybrid tokens via exchanges. We are in talks with a third party exchange which is adapting their exchange to the technologically new hybrid token concept; where value is held on multiple blockchains simultaneously. We will keep you updated as these plans unfold. Next to a centralised exchange, the tokens can be traded on decentralised platforms in the course of august. We are enabling trade with the tokens so that our Internet of Coins donators can already exchange value on existing platforms, as well as to further the development of the integrated app, to be realised in the course of 2018 (see our roadmap for details).

'How we roll'

We noticed some questions about the token release cycle in our email inbox. Some supporters asked how and when they would receive their tokens. For most people, the tokens will be released in the first quarter of 2018, when our integrated and user-friendly wallet has been developed. For the hardcore experts, who want to create seven addresses on seven different chains by hand and know how to manage their tokens securely, it is important to follow the instructions on our early holders page very precisely. If you make a mistake, your tokens will be sent to the wrong address and you will LOSE them! Once your tokens have been released, there is NO WAY for us to get them back and we cannot give you a refund. If you really want to receive the tokens now before everyone else, please send your request with the required addresses to us before August 1st, 2017.

Please send your request from the same email account as the one you used to sign up for our crowdfund. Do not forget to mention the correct TXID(s) of your donation. If we get all seven addresses correctly, along with the TXID (transaction hash) of your donation, the token release will be done at the end of the following week.

The release of the tokens

There have been questions regarding where the HYBRID tokens are 'visible' and how donators can know where their tokens are stored. We build on earlier achievements, and hence the infrastructure to carry our tokens will be developed using the (crypto)currency that our supporters donate. At the present moment, this means your registration information is your ticket for our Fundraiser. Make sure to keep a copy of your PIN, the TXID of your donation, screenshots of transactions and confirmation, or the confirmation email. When the network infrastructure is functional, each donator will be able to create their own account on the newly developed system. This account will receive the amount of HYBRID tokens reserved according to the USD value of the donation at the time of participating. In the course of development, the network will be connected to different coins and token systems, as well as those included in the fundraiser.

Our policy against scammers

We are are grateful for the generosity, trust and support of our crowdfunders. But sometimes we have noticed individuals attempting to commit fraud. When a fraudulous claim is detected by us, we will remove the scammer's records from our crowdfund database completely without notice, since we refuse to negotiate with thieves. Of course, it is possible for mistakes to be made and if you have sent in a lawful claim, but not heard anything from it within two weeks, please communicate fully and clearly, providing us with as many relevant details and screenshots as possible. Send your appeal to distribution@internetofcoins.org along with all attachments and information regarding your donation and we will consider your case.

How can we help you?

If you want to ask the team any questions, regarding the project or in general, please use one of these ways to do so:

Twitter: ask your question and mention @InternetOfCoins
Log on to the chatpage on our website: https://internetofcoins.org/chat
Via email: info@internetofcoins.org

If you haven't received a mailing from us earlier and are new to the project, you can read up on previously published articles on our blog, join the Bitcointalk forum thread, check out our project website or watch one of the presentations we have held at various conferences.

Ways to support

We can use help integrating different blockchain systems into the Internet of Coins wallet. If you can program in JavaScript (NodeJS), and would like to help out, please let us know. You can also follow and retweet us at @internetofcoins to spread the word. Want to be added to our Slack channel? Just reply to this mail with your request and we'll send you an invite. Once added, you can invite others as well.

Thank you for taking the time to read our updates, we'll be in touch again soon with our next newsletter!

Yours sincerely, Amadeus, George, Jelle, Joachim, Kirsten, Luca, Maria, Marjon, Matthias, Pim, Robert, Sergey and Steffen

PS: the title of this newsletter is a quote from the movie UHF



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