- TRINITY — NEO VERSIONED RAIDEN NETWORK
Trinity is applicable to blockchain transfer of NEP-5 standard tokens. As a Neo-version lightening network, Trinity achieves real-time payment, low transaction fees, scalability, and privacy protection of Neo mainnet assets through state channels technology. Trinity aims to provide safer, faster and more convenient blockchain services to its users through its fast and safe offchain payment channels in order to effectively expand the Neo eco-chain.
NEO already has a theoretical total transaction speed of 10.000 tps compared to Ethereum’s theoretical maximum of 30 tps. The coming of Trinity to NEO completely negates any advantage that Ethereum may have because of Raiden in terms of scalability. At the core, NEO is simply faster and now will have the same technology.
Basically the Trinity (as well as Raiden or Lightning) network is an off-scaling solution. That means basically that you move your funds into a smart contract between two people, and you can make as many transactions back and forth between them until the contract is closed. This is useful, for example, if it isn’t necessary to record every transaction on the blockchain. Instead, it allows you to bundle and batch them, and only periodically write the end result to the blockchain. Perhaps some platforms will do this once every few minutes, others may do it once a day.
By using state channel technology to implement a NEO chain expansion solution, enterprises can rely on Trinity to manage digital assets with the following services:
WHAT IS TNC?
TNC(Trinity Network Credit)- The TNC is the “protocol fuel” for the Trinity network, which is used to pay the deposit for the state channel and the cost of fuel requisite for channel establishment, and reward the participants in the Trinity network.
The Trinity network protocol is a tailorable layered protocol architecture. Trinity’s underlying communication layer provides the most fundamental asset flow and micro-payment functions, which incurs no extra payment fee to users. Trinity is far more than an underlying protocol providing payment functions only. Rather, it is a decentralized off-chain expansion technology ecosystem facilitating free movement of digital assets. The ecosystem’s robust growth requires not only technology updates but also community incentives. The TNC serves as the incentives for the Trinity network. It is also a requisite hinge for off-chain expansion technologies and relevant production application, which enables digital assets to serve the production more effectively.
TNC TOKEN INFO
Token type: NEO BLOCKCHAIN
ICO Token Price: 1 TNC = 0.0600 USD
Fundraising Goal: 20,000,000 USD
Sold on pre-sale: 6,666,000 USD (PRICE FOR PRE-SALE AND MAINSALE WILL BE SAME)
Total Tokens: 1,000,000,000
Available for Token Sale: 33,33%
Whitelist: YES (UNTIL 10 JAN, JOIN )
Know Your Customer(KYC): NO
Bonus for the First: THERE IS NO DISCOUNT FOR PRIVATE DONORS.
Min/Max Personal Cap: NO / 100 NEO
Token Issue: ON OR BEFORE JAN 20
Total Designated Units: 1,000,000,000
Part1 Private Donation
Designated Units: 111,111,111
Part2 Public Donation
Designated Units: 222,222,222
Part3 Operational Allocation
Designated Units: 152,663,333
Designated Units: 180,670,000
3 yr locking, 1 yr cliff with 33% vested;
1st vesting by Feb, 2019
Part5 Main Lock
Designated Units: 333,333,333
3 yr locking, 1 yr cliff with 33% unlocked;
1st unlocking by Feb, 2019
Expert of security and blockchain. Guangfeng has more than 15 years of experience in technology development. He has worked in the Giesecke+Devrient (China) and CBPM (China Banknote Printing and Minting Corp) Blockchain Research Institute, engaged in the formulation and promotion of the PBoC 2.0 / 3.0 specification, the design of the digital ticket trading platform based on digital currency and blockchain technology.
Will Wei Wu
SW and I&V specialist, 10 years’ experience in technology development. Software Development, I&V Specialist and Test Automation Coach in Nokia. Initiator of Grooming2robot project (A Natural Language Processing Based Automation Testing Tool) Blockchain fan, Hyperledger Fabric technology document translation in gitbook.
Software delivery expert/consultant, software architecture KOL in Chengdu. Yang specializes in startup consultancy, team incubation and demo delivery. He helps startups with digital asset trading, data digging and smart agriculture, etc. Yang has rich experience in telecom industry as a triple-A level telecom expert. He is the founder of multiple provincial-level telecom broadband service systems. Alumni of National University of Defense Technology.
Whitepaper: Not available
Bitcointalk: https://bitcointalk.org/index.php?topic=2804998.0 (not ANN)
Bitcointalk username: kld_hp
- Date of publication:
- Wed, 02/14/2018 - 03:18
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