Last newsletter, we announced that we have joined the Telegram community. Since then, 120+ members joined, adding the total number up to 200 members in the channel. If you haven't yet: join the conversation here!
Return to Bitcoin City
Last Friday, one of our members was asked to speak about Internet of Coins at the Dutch Arnhem Bitcoin City meetup. The night was a blast! We have had a lot of positive reactions and people joining the community.
Our API refreshed and rejuvenated
One of our developers has been busy making the API respond in a more humane way to requests. After someone queries the API it returns a helpful message instead of an error code that no human understands.
Website overhaul coming up
As you may have noticed, our website hasn't had a large update since the crowdfund ended. Most of the team's effort has been put into development for the Internet of Coins client.
To support our wallet beta release, our marketing team is currently working on a new website. The new site will be designed to better match the vision of Internet of Coins with our online presence. It will be a lot faster, cleaner and will provide easy access to the wallet. We will keep you informed on when to expect the overhaul!
Water cooler chat
Join our virtual water cooler chat channel on Riot! For those working on Internet of Coins abroad, we have created a channel to keep more informally in touch. Everyone will be sharing music to keep everyone motivated and energized.
We hope you feel welcome to listen in on the Riot channel. Loads of different music, different genres, so be prepared!
Join us on Telegram!
As of this week, Robert (dotrego) and Sander (codasiren) will represent Internet of Coins on the official Telegram channel. The Telegram channel was created at the same time the fundraiser was closing, by Telegram users Cattani and Net Indexed. Special shoutout to these two users for their determined support for Internet of Coins!
Internet of Coins ISOC award 2018 nominee
Last January, our founders Joachim de Koning and Robert de Groot attended the Internet Innovation Awards 2018 (Dutch link). Internet of Coins was nominated by the Dutch chapter of the Internet Society, an organisation focused on maintaining openness and transparency of the Internet. Even though our wallet is still in alpha phase, we received an honorable mention at the awards due to its social relevance in promoting a free and open Internet.
Devs have been working on simplifying altcoin implementation. In the future it will be easier for altcoins on supported blockchains to join IoC by defining a transactional program in the recipe. A powerful extension which also provides interesting possibilities for smart contracts.
Also, last few weeks we have been working on upgrading the API. Making it more friendly by providing suggestions, alternatives, and help and error messages. An API should serve the user not the other way around.
Availability of the HYBRID tokens
In line with our milestones roadmap published on our website, the Internet of Coins beta wallet will be released in Q1 (end of March 2018). After release, the HYBRID tokens will be distributed on this wallet.
Then why are some XHY tokens already traded on exchanges?
Right after the crowdfund in 2017 there was a limited window of time (until August 1st 2017) in which supporters could send in a request to claim their tokens if they wanted to maintain them in 7 manually created wallets. The technical difficulty accommodated with this process led to a very small group of supporters to become an early holder. Because of these early holders, you can see some tokens are already being traded, for instance on EtherDelta.
The final release of the tokens for all other supporters will take place after Q1, in a safe way, when our IoC beta wallet has been released. By that time all participants will be contacted via the e-mail address that was used to participate in the crowdfund. Make sure you still have control of this email address! From that moment on all participants will be able to receive their tokens.
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.
Joachim will provide a blogpost in the upcoming weeks to give a technological update, but I can say the API is looking very sturdy, yet still userfriendly. In the meantime, take a look at the video below, which I posted some time ago via Twitter. It regards the future of digital currencies after mainstream adoption, and coincides with our longterm expectations. This is one of the reasons we started building of an interconnecting client for value transactions:
Next week we intend to discuss our vision with Andreas Antonopoulos, when he visits Amsterdam. [As long the announcement is not an April Fool's stunt of course...] We also wanted to let you know we have been in touch with an incubator and recently signed up for a startup competition in The Netherlands. More on that next time!