November 7, 2026

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Make Your Company ICO-ready

BTCMANAGER
Make Your Company ICO-ready

The Frankfurt School Blockchain Center and the German Tech Entrepreneurship Center jointly organize the Crypto Startup School, which will take place as a summer school from June 25-29, 2018.

The concept of the Crypto Startup School is based on a unique mixture of high-quality, university-style lectures and interactive, hands-on work experience on a project. The lectures include presentations, discussions, and workshops with recognized experts from leading institutions who report first-hand of their experiences. The project consists of group work, which will be conducted after classes and allows participants to apply the learned concepts in practice. Hence participants of the Crypto Startup School can sign up individually and meet new people to work with on a case or register as a group and gather their colleagues to develop their own ICO business model.

The program is based on the three basic modules “Blockchain Technology,” “ICOs,” and “Entrepreneurship.” Numerous well-known guest speakers are also involved in the scene; Dr. Luka Müller-Studer (MME), Paul Kammerer (Commerzbank), Paul Kohlhaas (ConsenSys), Matthias Woestmann (Envion), Patrick Lowry (Iconiq Lab), Prof. Dr. Philipp Sandner (Frankfurt School Blockchain Center), Robin Weninger (German Tech Entrepreneurship Center).

In the wake of the sky-rocketing popularity of cryptocurrencies, the ICO market has sprung to life and developed into a growing token ecosystem. Since ICOs are here to stay, SMEs, startups, and corporates need to understand the fundamentals, dynamics, regulatory aspects and transformative powers for their business models. This summer school aims at taking a deep-dive into the ICO ecosystem in the context of entrepreneurship. The goal is to provide participants with the necessary tools to make existing business models ICO-ready, or to accelerate a new business model through an ICO, respectively.

The following topics will be in focus:

How important will the ICO and token ecosystem be as a funding vehicle in the future? Will traditional venture capital be disrupted?
How does seed-funding through an ICO work?
What opportunities and risks do I need to be aware of when accelerating an existing business with funding through an ICO?
What opportunities and risks do I need to be aware of when accelerating an existing business with funding through an ICO?

The conference aims to provide participants with a networking platform in addition to lectures with first-class speakers such as Paul Kammerer, Matthias Woestmann or Andreas Schemm. Participants will also have the opportunity to promote and validate their own ICO plans or develop new ICO-compatible business models. At the end of the conference, the best projects will be rewarded with prize money and thus have the opportunity to implement the developed concept.

Find out more at www.crypto-startup-school.de and secure your place! With the code “BTCM_CSS18” you get a discount of ten percent on your tickets.

Frankfurt School Blockchain Center

The Frankfurt School Blockchain Center is a think tank and research center which investigates implications of the blockchain technology for companies and their business models. Besides the development of prototypes, it serves as a platform for managers, startups, technology and industry experts to share knowledge and best practices. The Blockchain Center also provides new research impulses and develops training for students and executives. It focuses on banking, mobility, “Industrie 4.0” and the energy sector. Among them are DAX companies and startups, but also the first Crypto Fund in Europe and even a Korean blockchain startup.

Internet                     http://www.fs-blockchain.de

Twitter                      @fsblockchain

Facebook                  http://www.facebook.com/fsblockchain/

German Tech Entrepreneurship Center

The German Tech Entrepreneurship Center (GTEC) is the first private-sector, open ecosystem for entrepreneurship in Europe, unlocking the potential of entrepreneurship and technology for a desirable and sustainable future. GTEC was founded in Berlin in 2015 and has the mission to inspire people, lead entrepreneurs and build sustainable businesses. They are supported by Merck, Henkel, Globumbus, Innogy, Noerr, Tishman Speyer, Union Investment and the Sigmund Kiener Foundation. As an independent and value-oriented ecosystem, GTEC trains and brings together companies, academics and entrepreneurs to tackle challenges together through the use of technology. Follow us on Twitter, Instagram, and Facebook or visit http://gtec.center to learn more.

 

This is a paid press release. BTCManager does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BTCManager is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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The Moonbeam Scaling Network: A “Semi-Decentralized” Scaling Solution

Moonbeam scaling solution

bitcoin exchange and hosted wallet provider Luno (formerly BitX) is developing a bitcoin scaling solution called Moonbeam. Unlike the lightning network, Moonbeam does not require SegWit’s transaction malleability fix and would be able to operate on the bitcoin network as it is today.

Moonbeam  aims to provide a way for multi-user bitcoin platforms — such as exchanges, hosted wallets, and payment processors — to easily open standardized one-way payment channels with each other, and thereby offload the bitcoin network from a growing number of transactions.

How Does it Work?

Moonbeam aims to take advantage of the fact that many bitcoin transactions occur among multi-user platforms. Using Moonbeam, these platforms can open standardized one-way payment channel contracts with one another to facilitate payments. By taking these transactions off-chain, Moonbeam can reduce transaction fees for those who use it and benefit bitcoin users generally by reducing congestion in the mempool.

These channels are simple smart contracts in which one party locks up a certain amount of bitcoins for a specified period of time (with the end point referred to as the “timeout”) for the purpose of sending payments to the other party. Before the timeout, the party that has locked up funds can send an unlimited number of off-chain transactions using those locked up bitcoins (until the channel runs out of bitcoins). Each channel involves only two on-chain transactions: one to open the channel and one to close it.

Because these intermediate transactions are off-chain, they are nearly instant. Without the need for a blockchain confirmation, the transactions only take as long as it takes to route an http request (think: loading a simple web page). These transactions would also be cheap. Only two transactions per channel require miner fees, and the rest are essentially free to the platform, though the platform could charge fees to its users.

The one-way payment channels used by Moonbeam are not a new invention. bitcoin inventor Satoshi Nakamoto embedded preliminary code for payment channels in the very first release of bitcoin, and more recent protocol upgrades like CheckLockTimeVerify have further enabled this usecase. bitcoin platforms could negotiate and implement these smart contracts on the blockchain today.

What Moonbeam aims to do is facilitate the creation of these channels between major payment platforms by using the Domain Name System (DNS) to route communications related to creating and using these channels. This way, high volume platforms can easily discover one another and enter into a payment channel smart contact using the standardized Moonbeam terms. Using the Moonbeam protocol, this process can happen automatically when it is more efficient to open a channel than sending payments on-chain.

Trust

The Moonbeam project overview indicates that it is “semi-decentralized.” It is labeled as such because while the Moonbeam network does not require platforms to trust one another, it does require users to trust their platforms. A hosted wallet with a Moonbeam address is a custodial account, where the platform is managing the funds, and credits and debits user accounts accordingly as users send and receive transactions. Exchanges such as Coinbase operate in this manner; users do not directly control their private keys. Moonbeam can be a useful tool for these services, but it will likely not be a suitable scaling solution for users who prefer to manage their own private keys.

Other Downsides

The Moonbeam specification document also mentions several other potential downsides. Among them is the cost of capital. In order to open these channels, sending platforms must commit capital in the form of bitcoin for a period of time. If the receiver does not use the channel, the sending platform must wait until timeout to regain control of the funds, entailing potentially large financing costs.

Another risk involves the use of DNS. DNS hijacking is an attack that involves rerouting domain name requests to an attacker’s server. These attacks could be used to receive payments over new channels that were meant for the authentic server.

While Moonbeam does not offer the level of decentralization of the lightning network, the fact that it does not require any fork to the network may may make it an attractive solution to bitcoin’s scaling troubles in the short term. It could be implemented by hosted wallet providers as soon as the project is production ready.

The current state of Moonbeam can be found on the project’s Github.

Luno was not available for comment for this article.

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