Internet of Coins Update #30: December cheer issue

16 Dec 2017 / CodaSiren

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.

Making it easier

Our last wallet release had support for a large variety of tokens. This number has since increased, and support for new cryptocurrencies is now an ongoing process. Next to that we have two new features that will make asset and token management a bit easier.

Put a star on it

The wallet now supports the option to give a star to your favourite cryptocurrencies so they will appear on your dashboard. This way you can keep track of these assets outside of the asset view. Selecting a few cryptocurrencies to display on the dashboard, instead of all of them, loads the dashboard faster and gives a more responsive feel.

Decentralized storage: phase one

User settings - like for example which cryptocurrencies are shown on the dashboard - are now stored in a decentralized way, and synchronized between your browser and network node. This means the first phase of our decentralized storage system is now working. On the road ahead we will be developing our consensus mechanism to share this encrypted data end-to-end directly between nodes. The goal is to make a state machine that safely stores user data, without needing to use a blockchain.

The Christmas holidays

The coming two weeks several members of our team will be on Christmas holiday. This means it may take a bit longer for your questions to be answered by e-mail or on the chat channels. We hope you also will have the possibility to take some time out to spend with friends and/or family for holidays and new year reflections. Starting January we will be back in full force to continue on our roadmap for 2018.

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, Marco, Maria, Marjon, Pim, Robert, Sergey and Steffen

Combining Technologies the IoC Way

23 Feb 2017 / Dotrego

The blockchain and cryptocurrency scene is hot right now. It looks like everyone wants a piece of it, and there are a plethora of new experiments and technologies popping up all over the scene. Some people have only just discovered Bitcoin, its possibilities and potential applications. Other people have gone further to explore technologies like Bitshares, CounterParty or Waves and have been playing with the various token systems and smart contracts that are available on these platforms.

There are initiatives to make blockchain technology easier to use. These take the form of online wallets and block explorers, while going deeper one finds entire contract compilation systems implemented into easy-to-use websites. Enthousiastic users of cryptocurrency are also trying out decentralized exchanges like EtherDelta, the NXT Asset Exchange, or playing around with Mosaics on the New Economy Movement platform.

However, in all the activity and clamour, users are still pining for an environment that brings all these initiatives together in an understandable and secure way. Internet of Coins (IoC) want to create this place without a for-profit motive, guaranteeing objectivity, equality and freedom of development and use of all the novel peer-to-peer financial technologies. They also want it to be an environment that people with no technological experience can use, and feel comfortable with.

Internet of Coins is geared to being such an environment, and its development has been underway for some time now. The foundations for a decentralized financial web have been set down at its core, and its mission and objective is to make sure all the different platforms, ecosystems and technologies that are out there become accessible to anyone and everyone.

To boost development of its easy-to-use hybrid asset technology, and make it available sooner, Internet of Coins is organizing a crowdfund to ensure further integration of blockchain finance technologies. As a perk to invite people to start using the environment they are giving out hybrid tokens that run on multiple blockchains simultaneously, merging their innovations and technological power.

Hybrid is a unique token, as it functions as a diversification portfolio of multiple blockchain technologies, and spreads risk of failure of any one of these systems. At the same time it facilitates decentralized trade on all the underlying platforms and has a focus on creating liquidity. This kind of experiment has not been done before in the blockchain arena, and is sure to bring about new cross-blockchain ideas and experiments.

So where is this all going? They are sailing for a new horizon, where anyone can use blockchain technology, crypto tokens and deterministic transactions, without having to explicitly think about how to do it. Using advanced distributed ledger technology should be available for everyone, whether it's you, me, your parents or grandparents. It should be as easy as sending an e-mail. And seeing the developments at Internet of Coins, that's where it looks to be going.

The Inevitable Rise of the Mammals of Crypto

07 Nov 2014 / Dotrego

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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.

Baking Bread Amidst Price Volatility

19 Sep 2014 / Agent725

In many a conversation, I have come across the argument that Bitcoin, or other cryptocurrencies for that matter, would never be regularly used by merchants because of the inherent price instability in the markets. There are those who contradict this opinion by pointing out that when Bitcoin is beyond its adoption phase its price will stabilize enough to enable it to be used just like fiat currencies. This discussion doesn't matter much to me.



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