We’re excited to open up access to an Alpha release of the OMG Network to the public for the very first time. We’ve spent the past few weeks working with our partners and members of the to test and validate the network. We’ve named this network Ari (อารีย์) which, in Thai, means hospitable, gentle, and accommodating. We believe that Ari has reached a level of functionality and stability that is ready for public testing and feedback. We hope that you’ll find it hospitable and accommodating.
This version of the OMG Network implements More Viable Plasma for ETH transfer and Minimal Viable Plasma for ERC-20 transfer, with a single operator, secured against the Rinkeby Testnet. It supports the full plasma lifecycle — deposits, transfers, exits, and in-flight exits. In our testing, we’ve already been able to process over 1.2MM transactions with a peak measured throughout of over 2700 transactions per second so far.
Please note that this is still Alpha software. There are known bugs that we’ve already patched but have not deployed. This includes issues that could make the contract insolvent. We will be performing a network upgrade to deploy these fixes and additional features in the coming weeks. We decided to perform the update after this launch so that we can invite public participation and feedback about the process.
Keep posted on our Alpha release updates and its announcements through our new Developer Portal at . The portal is home to announcements, documentation and links to everything you need to get started integrating with and developing for the network –including channels for support and your feedback.
We look forward to hearing from you! Happy shipping!
Confideal, a smart contract platform on Ethereum blockchain (), are excited to announce that their long-awaited ICO has started today – November 2 at 12:00 noon Central European Time (CET).
[Note: This is a press release.]
The campaign is expected to raise 70,000 ETH, which equals 21.5 million U.S. dollars as of this day. Confideal’s ICO features a generous incentive program that enables early investors to receive a 25% bonus in CDL tokens. The token generation event will last for 20 days.
Achievements of Confideal
Confideal has been working tirelessly to develop an easy to use platform that will deliver maximum value to its users. To that end, they have entered into several strategic cooperative agreements designed to deliver increased security and data integrity, more flexible payment capabilities, and expanded features and functionality. To achieve that has partnered and cooperated with 13 companies. Moreover, Confideal works with 12 external advisors on their board. Thus, it all results in a very productive workflow and development.
Confideal has more than 80,000 subscribers in total on all of their social media profiles as well as 5000 subscribers-contributors on their website.
Confideal has had a huge amount of positive feedback on media related to investments, crypto, and technology. You can find the list on the .
About Confideal
Confideal enables businesses and individuals to create Ethereum smart contracts through a user-friendly interface that requires no programming skills. A fully functional version of the platform is already available and currently supports two-party interaction, like conventional agreements. The team is already working on more complex scenarios that will include multi-party transactions and contracts that are triggered by data from third-party services (for example, freight companies) and various devices (Internet of Things integration). One of the features that are listed on the project’s roadmap, the arbitration module, is expected to be rolled out early 2018.
The platform is targeting multiple sales channels and the business model includes C2C and B2C interactions (transactions between individuals and between a business and a customer), as well as B2B and B2B2C (contracts that involve multiple business participants and customized complex use cases for large eCommerce companies that sell goods and services to consumers). The monetization model is currently based on a flat 1% fee (waived for CDL token holders who pay in tokens), but the pricing principles may be adjusted in the future.
In multiple independent ICO reviews, Confideal’s campaign has been highly rated, evaluated as “stable” and recommended to long-term investors (ICOrating.com, ICObench.com, ICObazaar.com).
For more information about Confideal, please visit or chat with the team in .
Super Secure and Safe to Invest ICO
In an effort to reduce fraud and encourage responsibility and accountability in the token market, smart contract management platform Confideal has announced the start of their transparency initiative. A hash (which is sometimes called “digital fingerprint”) of the project’s whitepaper PDF file will be saved inside the ICO smart contract as a read-only variable and will be available on Etherscan.
During the ICO and continuing after its conclusion, the PDF file itself will be available for download at Confideal’s website, which will enable any user to calculate the hash of the file long after ICO and compare it against the hash inside the ICO smart contract. If so much as one byte is changed, the hashes will not match. Along with ensuring the integrity of the ICO’s main document, Confideal will be maintaining a special webpage where reports on the project’s ongoing progress will be published.
Cointelegraph.com News Four Crypto Firms Ordered to Cease and Desist by Colorado Securities Commissioner The Colorado Securities Commissioner has ordered four crypto companies to immediately cease and desist for offering unregistered securities and fraud more […]
So You Think bitcoin Will Make A SPIKE Now? – You Are WRONG. Dear Ladies and Gentlemen! On the left we have XBTUSD 3D. A Bullish Ascending triangle , nice green candles and volume is […]
