Topic: [ANN] Oyster Shell (SHL) - Dawn of a New Era (Read 4008 times)

Bruno Block:

Scenario A: Bitcoin Slowly Bleeds to Death

The fraud and manipulation chickens of tether are coming home to roost. Price and volume have an inter-dependent relationship, the real USD volume of BTC is a fraction of the Tether volume. When traders wake up to realize that Tether is worthless, all the sell pressure is going to squeeze in through the tiny door of USD volume - hence crushing the real price to triple and double digits.

This has not yet happened, watch the Tether premium here: http://www.untether.space

Scenario B: The Bitcoin Blockchain Suddenly and Permanently Freezes

Miners have been mining at a loss or a near-loss for several months now. As the tether bubble implodes, they will inevitably capitulate and pull the plug on their mining rigs since they need to pay huge electric bills in USD. If too many miners unplug their miners at the same time, the mining hash rate will fall off a cliff.

If this sudden hash drop happens whilst the difficulty readjustment period is too far away, the average block time will increase to 20 mins, 30 mins, 1 hr, until eventually that 2 week readjustment interval will turn into 2 months and then 2 years. If this vicious cycle is entered Bitcoin will never escape it, as each block will take 100 years to mine effectively freezing the blockchain and making Bitcoin not even worth $5 for ‘historic’ value. Core developers imposing a forced difficulty readjustment might lead to a contentious hard fork.

https://www.blockchain.com/en/charts/hash-rate
See ‘average block time’: https://bitaps.com

I also didn't expect much from the Snapshoot from Oyster, because the Oyster project was new and had a hardfork,
this sometimes made me wonder and funny

It will be forked in near future just like Oyster Pearl (PRL) did and now new tokens is Opacity which represents OPQ token. That is almost finished it seems that once markets are re-enabled for OPQ then the fate of this will be decided. One thing is sure this will be part of new system continuously. You have to wait and have nothing to do to get new tokens when they will be available.

SHl removed from Coinmarketcap, what is the future of the project?

Shell is also riding the waves of appreciation continuously for last few days. Not only price are increasing but volume is doing same. This time good thing is both tokens are increasing and are doubled in value with this gradual increase. It looks like weak hands are out that's sellers are not seen active these days. Most probably interest in buying on increasing.

This is good time to buy at low price the team is busy and developing wonderful features for this platform. I think in future this rally will add new generation of millionaire because it has good potential.

As i understand the idea is to eliminate ISPs by using the Oyster shell protocol. Interesting idea but i think it will be very long road to success.

Both Oysters are very well planned and executing by the team. Hopefully, we will see the implementation of the project as its real life advantages will be more.

Development Update August 31, 2018:
https://medium.com/oysterprotocol/development-update-august-31-2018-bce7c5d97481

Oyster is also happy to announce that the redesign of the Oyster main site will be going live soon, and have included a few screenshots of the new website design below. The new website will contain much of the information from the older site, but across many pages, as opposed to the single page layout of the current site. By splitting the information across several pages, and decreasing the scrollable space, the new website design will offer a much more favorable experience to those visiting the Oyster website.

As far as I understood there is no significant role of SHL in the platform at this moment but price seems to hold the floor. Large portion of volume has been wiped out but still slow motion consolidation is undergoing. In future these tokens have important role to play. Another week full of insightful development has been completed with this update.

Development Update August 24, 2018

Today’s development update will focus on the week completed between August 19th — August 24th, 2018.

This week the development team continued work on moving all data map chunks out of SQL and into badger. The team has been focusing on putting the badger changes behind a feature flag and updating unit tests so that all code will still work regardless of whether Oyster’s backend infrastructure is using badger or MySQL for storing the chunks. Additionally, the team is making updates to a pull request to put these changes into the master branch. Once these commits have been accepted into the master branch, the team can continue QAing.

The team also continued work on the WebGL implementation of curl.lib.js (an IOTA library) that will allow iOS devices to access and perform proof-of-work for the Oyster web node demo. The team is currently updating and QAing the web node demo to ensure that the WebGL implementation goes smoothly without any problems.

In addition, this week the team deployed a change that does PoW on separate machines using AWS Lambda, which will help with upload performance. This is still in beta; thus, the team is monitoring performance and will continue to make tweaks and improvements to it. During initial testing, the team noticed promising increases in upload speed and throughput.

The team has made progress with allowing users to return to an upload that is currently in progress (more info about this upcoming feature is available in our previous post). The team is currently making a small change to the broker node code to support this feature.

Finally, the team also completed further testing on the upload process, some code refactoring as well as prepared some units tests for the streamable library and upload process.

As always, we encourage our community to post any questions or comments regarding these development updates to our Reddit or Telegram channel.

https://medium.com/oysterprotocol/development-update-august-24-2018-51ff2aa465a3

Oyster team is open to any improvement and upgrading in the protocol and platform. Those mocks up from last development update explains a lot that where team thinks need changes they immediately start work on that. It's true prices are down unexpectedly but future is on what are my eyes not on current temporary phase.

Development Update August 17, 2018:

https://medium.com/oysterprotocol/development-update-august-17-2018-3ad1393aeca0

Wow, SHL has come so far. Gave it a glance a few months back and got swamped by other offering. Saw it today and decided to peek back. Oh boy, have I missed out

I really appreciate this question and its answer on reddit which clears the SHL and meshnet how it will work and difference between SHL and IOTA. I had idea about the functionality of SHL inside the ecosystem being built at the top of Oyster protocol but such simple and detailed reply made it more clear and understandable.

Meshnet 101, how can we connect without ISP?

https://www.reddit.com/r/Oyster/comments/8x4cby/meshnet_101_how_can_we_connect_without_isp/?utm_source=reddit-android

Development Update August 10, 2018

https://medium.com/oysterprotocol/development-update-august-10-2018-a57c1122f755?source=user_profile---------2------------------

Follow our progress:

https://github.com/oysterprotocol

Oyster Protocol Webnode Demo:

https://youtu.be/zdXT2HWQicM

Development Update August 3rd, 2018 — Oyster Web Node Demo!

https://medium.com/oysterprotocol/development-update-august-3rd-2018-oyster-web-node-demo-4604915a5da6