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Peer-to-peer for the Blockchain Era

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What is Blockchain?

Learn more about our technology

Peer-to-Peer

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Market Opportunity

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Our Solution

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The Roadmap

It’s been a fun trip

February 2020

Research & Development

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March 2020

Proof of concept

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March 2020

Website launch

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April 2020

MVP Platform

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May 2020

Global market expansion

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Distribution of tokens

Fair token distribution for our backers

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Blockchain Team

Our Team

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Upcoming Events

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Partners & Technologies

Who’s behind Blockchain?

Frequently Asked Questions

We have all the answers

What is Blockchain?

A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

What is a Block?

Blocks hold batches of valid transactions that are hashed and encoded into a Merkle tree. Each block includes the hash of the prior block in the blockchain, linking the two. The linked blocks form a chain. This iterative process confirms the integrity of the previous block, all the way back to the original genesis block.

Hard fork? What’s that?

A hard fork term refers to a situation when a blockchain splits into two separate chains in consequence of the use of two distinct sets of rules trying to govern the system. For example, Ethereum has hard-forked to “make whole” the investors in The DAO, which had been hacked by exploiting a vulnerability in its code. In 2014 the Nxt community was asked to consider a hard fork that would have led to a rollback of the blockchain records to mitigate the effects of a theft of 50 million NXT from a major cryptocurrency exchange. The hard fork proposal was rejected, and some of the funds were recovered after negotiations and ransom payment.

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