---- GadgetCoin ----
Digital currency for hardware, Internet of Things and M2M.
Zero pre-mine. Coin forging starts in June 2015
Total coin supply 97,210
Written from scratch in C, C++ and NodeJs.
Instant transactions, transaction time is under 1 second.
Smart Contracts.
No mining. Proof of Consensus algorithm (check out our white paper).
QQ Group 148838719
Light, web UI wallet source https://github.com/gadgetnet/gdcwallet
Digital currency for hardware, Internet of Things and M2M.
Zero pre-mine. Coin forging starts in June 2015
Total coin supply 97,210
Written from scratch in C, C++ and NodeJs.
Instant transactions, transaction time is under 1 second.
Smart Contracts.
No mining. Proof of Consensus algorithm (check out our white paper).
QQ Group 148838719
Light, web UI wallet source https://github.com/gadgetnet/gdcwallet
According to Atmel, there will be 50 billion devices connected to the Internet of Things by 2020 and we aim to target this market.
Our first application
GadgetNet - Peer to peer Video Streaming
Handling video streaming IoT devices and web-cams for porn and gaming broadcasters
Our first partners using the GadgetNet technology are
Watch our introductory video!
HTML5 Light Wallet at wallet.gadgetcoin.org
Anyone can forge GadgetCoin - no investment is required.
Our development board
The developers believe that it is absolutely essential to provide support for hardware integrators and we are releasing our very own development board. Currently the development board is being manufactured and we aim to start selling it in Dec 2014.
We are targeting large companies, hardware integrators and the +10 million strong Arduino, Raspberry PI and Beaglebone Black hobbyist user bases with our development board.
Specifications:
- STM32F4 ARM processor
- 1024 kb flash
- 192kb RAM
- Embedded Zigbee and WiFi low power radio chips
- Comes with GadgetCoin firmware
- FreeRTOS or Nucleus RTOS (for commercial clients) options
- Implements the Gadget Protocol
The Proof of Consensus protocol
1. Manages transaction processing by performing transaction audit and approval.
2. Orchestrates a network wide counter-attack against malicious nodes.
3. Governs the distribution of the network fees. The GadgetCoin network charges hardware and Internet of Things devices a network fee for using the system. The collected network fees are fully shared with the peer nodes that validate and process the transactions. Only the transaction processing nodes will be eligible for network fees.
4. Allows fair coin distribution. All honest peer to peer nodes that participate in transaction processing can forge GadgetCoins - apart from the yearly interest, that's how new GadgetCoin supply enters into the market. The Proof of Consensus protocol provides incentives for keeping the network safe and assisting transaction processing.
The Gadget Protocol
The industry needs a protocol to facilitate communication between hardware and peer to peer networks. The Gadget Protocol defines the rules, syntax and semantics of the communication of hardware and decentralized peer to peer networks. By using the easy to understand and popular JSON lightweight data-interchange format to describe the protocol. Rules for data formats for data exchange, methods, callbacks, routing, authentication, access control, error codes and error handling.
We have approached the world's largest companies including IBM, Samsung, Sony, Siemens and Phillips to recommend our protocol for industry wide recognition. We will try everything we can to make our project relevant, get large industry players on board to adopt our open source smart contract technology.
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