[ANN][HER]Herdius - A Decentralized Exchange Network For Crypto Assets - page 2.

Herdius - A Decentralized Exchange Network

Why Herdius?

The future of the decentralized web is dependent on the next generation of decentralized financial infrastructure. In order to sustain future growth and facilitate the influx of new members to the blockchain ecosystem, it’s important to create a financial base layer that is capable of handling such influx. For the ecosystem to thrive, the use of cryptocurrencies and tokens must become more user-friendly by a considerable margin. Present day financial blockchain architectures still suffer from several shortcomings that hold back a broad mainstream adoption, most notably long transaction confirmation times, little scalability, and a lack of decentralization and liquidity.

Herdius vision is to considerably lower the barrier of entry to the token economy by offering a superior experience to institutional and end users alike.

To that end, we aim to introduce an innovative and robust blockchain architecture that addresses the above issues. Our goal is to design a highly performant and scalable transaction and exchange infrastructure which enables seamless interoperability between different blockchains. These are critical conditions for adoption by many service providers and present a significant user experience improvement.

The possibilities that arise from this are endless. We envision a world where you can instantly take a loan, sign up for an insurance, or access the entire dApp world services - all with just your identity on the Herdius chain. And since the Herdius core technology is intended as an open-source platform, we believe that many developers will consider building the next generation of decentralized apps on top of the Herdius chain.

What is Herdius?

Herdius is a decentralized exchange network. The best way to think about Herdius is as a new transaction layer in the cryptocurrency space: Herdius will sit between the users and the root blockchains of all relevant cryptocurrencies (or tokens). In blockchain terminology, Herdius is essentially a sidechain. A highly performant and scalable sidechain, that is. This way, Herdius can enable fast and seamless cryptocurrency transactions and peer-to-peer trading — even if the original chain is subject to long confirmation times. By establishing Herdius as the transaction layer for crypto assets, the underlying root chains could approach development at their own pace while Herdius would take care of the user experience.

How does it work?

As we explain in our technical paper (PDF), Herdius will be powered by a native proof-of-stake blockchain with several innovative features. Most notably, we are looking to introduce a new block architecture which we dubbed Blocks-of-Blocks (BoB). Without getting too technical here: BoB blocks are “stretchable” as they can contain so-called child blocks. This enables parallelized block validation — which goes a long way when high transaction volumes need to be handled. But that’s only one of many interesting features under Herdius’ hood. As outlined in our technical paper, Herdius introduces hallmark storage and payment highways to its chain in order to further increase scalability.

The HER Token

Utility
The HER token will be the staking currency on the Herdius blockchain. Hence, it allows any holder of HER to become a validator (similar to miners in Bitcoin) in the Herdius network. For their services, validators earn a share of the transaction fees and block rewards. Also, users will be able to pay transaction fees in HER at a lower rate in comparison to fees paid in other cryptocurrencies.

Value
HER is designed to be economically relative to transaction volume inside the Herdius network. All staked validator nodes will be entitled to a share of total transaction fees (proportional to their stake's size). Therefore, owning HER becomes more desirable the higher the transaction activity is within the Herdius network.

Network Governance
HER token holders are the key participants in the Herdius network. As such, we want them to play a central role in the governance and development of the network. To that end, we will give HER token holders several options to become involved in the future development of the Herdius network, for instance by hosting regular smart-contract based suggestion sessions and votings on important ecosystem matters.

A German ICO

Herdius is a project by the German Herdius GmbH, located in Berlin. Unlike many other ICOs with German involvement, Herdius is not relying on a Swiss foundation or subsidiaries in other jurisdictions. Instead, HER tokens will be sold directly by the German company. The Herdius team has disclosed its entire business plan and ICO model to German financial regulatory body, BaFin. The legal consulting was performed by a team of recognized blockchain experts, led by lawyer Nina-Luisa Siedler from the law firm DWF.

Token Allocation

Total Supply: 45.000.000 HER
Sold during pre-sale & ICO: 90%
Allocated to Herdius team: 10%

Token Sale Details

The Herdius ICO will be held in Q1 2018. Details will be announced here and on our official channels.
Our pre-sale currently is underway. Anybody who meets the minimum ticket size can participate in the pre-sale at the following discount structure:

15% - €50,000 (≈78.5 ETH as of 12/14/2017)
20% - €150,000 (≈236 ETH as of 12/14/2017)
25% - €300,000 (≈472 ETH as of 12/14/2017)
(thresholds in Euro due to ETH fluctuation)

All the details can be requested at [email protected].
We will, of course, disclose the pre-sale results before the ICO's launch.

More Information

Visit our website
Our white paper
Our technical paper
Our blog

Our Team
Balazs Deme, Founder & CEO
Jorgen Brandt, Senior Software Engineer
Thomas Euler, Ecosystem & Strategy
Soja Subhagar, Marketing Analyst
Albert Callarisa Roca, Senior Software Engineer
Rokas Budrauskas, Business Analyst
Carolin Beer, Software Engineer

Our Advisers
Dr. Nina-Luisa Siedler
Dr. Stefan Dittmer
Hans-Christian Fuchs

Connect with us
Twitter
Telegram
Reddit
Facebook
Github

Herdius in the Media
Analysis in Chains Podcast
BTC-ECHO (GER)
Wirtschaftswoche (GER)
Global Investor (GER)
Computerwelt (GER)

Become a Herdius Ambassador!

Are you interested in Herdius? Do you have a trusted voice in the blockchain & cryptocurrency community? Are you willing to support our mission by using said voice to assist our cause?
Then the Herdius Ambassador program might be for you! Herdius Ambassadors are trusted members of the blockchain and cryptocurrency community who want to help us spreading the word about Herdius. All of our ambassadors will be hand-picked by us. We look at our ambassadors as a direct extension of the Herdius team. We want to work with them, involve them and have fun while doing it.

Find all the information on our blog and apply.

This post will be updated with more information soon

Update History:
12/15/17 - added new media articles

Topic: [ANN][HER]Herdius - A Decentralized Exchange Network For Crypto Assets - page 2. (Read 546 times)