Topic: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation - page 26. (Read 10384 times)

What is a smart-contract?
A smart contract is a computer algorithm that provides a set of functions and data arranged in a specific order. These algorithms make it possible to fully automate all actions, and all participants can freely check the correctness of its operation and transparency of the action. That is why this technology is used in the blockchain to ensure honesty on the part of all parties to the contract and allowing data to be transmitted at a faster rate than existing networks.
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Application area
In recent years, the scope of smart contracts has increased significantly since most innovative projects and start-ups have become participants in the blockchain network. Currently, most often smart contracts use:
-area of finance and banking;
In this area, electronic signatures based on private and public keys are increasingly being used;

- logistics;
To build routes not only physically but also routes within the network, since smart contracts exclude the human factor. Often also used in creating routes for the delivery of goods;

- Real estate market;
Smart contracts provide a more honest relationship between the buyer and the seller, as it requires signing and fulfilling the obligations of both parties. The same system is used in real estate rental.

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Four-dimensional smart contracts model
Relictum Pro project offers a new, improved system. Instead of the usual smart-contracts, in which information is laid down sequentially, we offer a multidimensional system. This technology allows you to conclude contracts not only between two participants but also between a group of individuals, providing speed and honesty at all levels. It also allows you to speed up the processing of data and save unnecessary memory. Thanks to this function, new prospects open up in such industries as banking, logistics, product descriptions and in the security system.

Please write, what mistakes in the text of the announcement were made and where exactly?

Because STO and IEO are definitely diffirent things.

There are typos and grammar mistakes in the text of this announcement. Could just be carelessness and/or translation issues but it makes the project seem sketchy.

Relictum Pro is the first global blockchain service that provides the opportunity to optimally use modern tools with a great deal of future. Our main mission is to simplify and improve life for all users of the blockchain in any area of life. Thanks to new technical capabilities, we are creating a new, modern and fast Blockchain, drawing on the experience of previous versions, and leaving only the best for you.
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It should be noted that the concept of Blockchain 5.0 appeared last year and successfully passed all the stages, entering the market. The alpha version of the product (TEST-NET 0.1), has successfully proven itself on all operating systems. Many indicators have been improved, and flaws in the conventional blockchain system have been eliminated.
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❓ What is next ❓
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2020 brought new forces to the development of our project, and we can proudly say that we are ready for absolutely any difficulties to achieve our goals. In the first quarter, we plan to release a stable version of the application for the successful implementation and improvement of many blockchain industries. It includes:
- insurance;
- medicine;
- financial activities;
- logistics;
- gambling sphere;
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We want to remind you that our #tokensale will end in the second quarter. After the completion of STO, we plan to develop and scale, creating new chains and nodes. And, of course, the creation of private is also part of our plans.
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📝 And perhaps a little about our plans for 2021. We plan to introduce our system not only in other areas of life, everywhere increasing the level of customer service, but also reaching the state level, helping humanity to develop together, by common efforts.

Please, read our Tokenomics Concept https://relictum.pro/cabinet/docs/concept_en.pdf


Please study our Whitepaper  https://relictum.pro/cabinet/docs/whitepaper_en.pdf and Tokenomics Concept https://relictum.pro/cabinet/docs/concept_en.pdf
If after studying these documents you still have questions, do not hesitate to ask them here or in our chat https://t.me/relictum_pro_chat

No, we haven't.


We can not forbid people to create threads on the forums



This is the same project.


Regarding listings, as GTN token is a security token, it can only be trade on certain exchanges that have permission to list these tokens.
Follow our news, we will publish this information too.


1000 nodes were involved at 100 transactions per second. The botnet in the testnet went up to test the networking technology and the PoT consensus mechanism. Pot = proof of tsar

This is not a Byzantine problem. This is a completely different consensus. In the Byzantine problem, a quorum of 2/3 nodes is needed. We do not need a quorum. Our Tsar confirms the transaction. And no proof of work. Nobody counts and searches like in pow
Please read our yellowpaper  https://relictum.pro/cabinet/docs/yellowpaper_en.pdf



The money that was collected at the previous stage of sales was used to develop the project. At the moment, you can test the node for Android now, within a 2 weeks nodes of other OSs will be available. This month the main network will be launched.

There was no even a single news about that. The big question is what happened with the old project and where was it going on after a year has already passed?
I just found the english version of the old announcement thread https://bitcointalksearch.org/topic/ann-relictum-blockchain-40-pre-sale-ico-5151449

Something fishy has already happened with relictum in the past where that was running by anonymous team.  This one can be catagorized as a suspicious project.



I might believe if that was a failed project.

Just look at the trust summary of the account that already created the old announcement thread

That account was also running the ponzi project too.

100k TPS on testnet. You guys must be glowing, right?

How many nodes were involved during the test and what was the nature of the load? I've seen testnet TPS of 200k only to translate into sub 1000 TPS after mainnet launch.

And what's a PoT - Proof of Tsar? You're presenting it as if it's something novel when it's just the same old Byzantine Fault Tolerance using epochs to shuffle leadership

wow, the specs are staggering, your blockchain 5.0 platform can handle 1 million transactions in about 1s. But I also saw a similar project, Credits, and they even had their own credit card on the market. but eventually after the ICO it also failed and was still considered a shitcoin when the community was too small for a good platform. The problem now is that people no longer seem to be important about these transaction processing, they are concerned about the community and exchanges that the team will plan to list in the future. and then, in your Roadmap you didn't mention listing, just focused on selling tokens. I have not seen anything special about this project.

what made ANN the first time was an early investor??  I think it's a little confusing!!

@OP..  your answer does not match what was asked. I hope you can revise your answer, because I think this is an important question.

Man do you have a discord channel?

i cannot make out any situation on viability of this project?
is there something that this coin token ... does that will catapult it in to a gender of its own and allow it to prosper simply on its own?
 or will this isolated incentive go unnoticed and left to dither away into the deep forgotten space of the crypto junkyard?
a few parts of this are interesting but the bottom line is that at the end of the day i dont see a solid future for  this project other then spearheading advancement of new blockchain functions.
but i am an old timer and love to be proven wrong!
so devs.... please prove me wrong!

Hi guys. Now I will answer all of your questions.


Yes, this is a thread about our project. It was created by one of our early investors.


Since the completion of the first stage of sales, the project on active development.  


All received funds were used for the development of the project.   The test network is launched. You can test the nodes for android and give us a feedback about the speed of transactions, our explorer, data storage, wallet, embedded games. Nodes for other operating systems will be available for testing in a few weeks. We are also preparing to launch the main network. The announcement about the launch will be published in this thread.
 
We need make STO because GTN token is a security token and we are required to comply with the requirements of the US Securities Act

In the previous stage of sales, 3.5% of tokens of the total number were sold. All funds received were used for the development of the project.


The link to proceed to the site is is provided in the "group details", here is once for you personally: https://relictum.pro/. information about the team members is also provided on the website. In the previous round all collected funds  planned for that stage have been used for the project development.

According to what is posted there, half a year ago they have already raised about $1kk. I wonder how they spent them. And why they need to make STO in Q2 2020?

It was your project - Blockchain 4.0 of the latest generation?
https://bitcointalksearch.org/topic/ann-relictum-blockchain-40-pre-sale-ico-5151449

3rd generation blockchains are aimed at solving the problem of scalability, speed of operations and reducing the cost of commissions. Version 4.0 is the creation of solutions for a specific application in any field of regular life. 5.0 - includes nodes on each internet device.

You can also ask any questions about the project in the chat https://t.me/relictum_pro_chat and our managers will promptly answer you.