Time for an update! Where to begin... since the whitepaper release at the Dutch Bitcoin Embassy on the sixth birthday of the blockchain back in January, we've had a surge in media attention; for example via Yahoo! and a CoinTelegraph interview. After the announcement and the followup, our focus shifted back to development.
Heads up! Since our last post we have worked hard on our whitepaper and the decentralized alpha. We will make sure to upload samples to our GitHub before and during the launchperiod to provide everyone further insight into the project. In the meantime we have been introducing Internet of Coins to the world.
p>The power struggle of centralisation versus decentralisation in the world of finance has a long history. The pendulum of power swings between the poles of one central institution to rule them all and the dispersive network, in a movement spanning over centuries. The rise of the mammals of crypto is the inevitable next step in the evolution of the global economy.
Today, the Internet of Coins consortium is proud to announce it has come to an agreement with service provider Bitalo for an initial funding investment and development collaboration. The Internet of Coins developers are constructing a cross-blockchain solution using hybrid assets without the need to update or adapt existing blockchains. Fully open source and fully decentralized.
There are mainly two contrasting approaches when it comes to inter-blockchain connectivity; high-level and low-level. Both are equally important, but approach either the fundamentals or numerics of blockchain conglomeration. To create something like an Internet of Coins, we need to use both approaches concurrently and eclectically. (also featured on De-centralize)