Topic: [ANN][ParkByte][PKB][Electrum] Pure POS - page 24. (Read 109869 times)

PKC is for owners, yes.

I will try to consolidate the information posted in previous posts and put it in the original post to stop repeat questions being asked.

So the whole point of this project is for parking lot purchases? For the owner of the lot to use this system?

It's nice to see new people showing interest.


PKC is a whole new coin, No swap call it a Giveaway to PKB holders, I don't really know what it's called.. 

So is the new coin a swap or is it a whole new coin? Do we get coins from both projects if we have pkb?

looks like twitter started to talk about this project..

Very low marketcap coin with active development and unique usecases, not many low marketcap coin with active development and real world use these days...

Looking forward for release of parking chain, best of luck to you dev!

Very interesting idea. There is a gap in the market for this but I feel it's just an idea. Coins are not yet mainstream enough for this sort of development. We will have to wait for more basic things to be implemented first. Though if it is a call I try or town on that's hitech and open to new technologies you could replace all the parking machines like this. That would take a very long time then. Good luck with it I hope your dream is reached as a reality.

It's getting more interesting with every word written.

Regards

Goldmaxx

No, It is not a swap from PKB to PKC.

It will likely be a PKB(Current Chain) to PKB(Smart Contract Chain). PKB holders will given some free PKC once the tokens have been released.

Heres a brief breakdown of what each part will do..
PKB tokens - Digital Currency for parking ticket purchases (Currently on own chain, may move to smart contract blockchain with PKC tokens)
PKC tokens - Digital tokens distributed by crowdsale on a smart contract blockchain used to operate the autonomous parking database (The ParkingChain)
The ParkingChain - Decentralized Database managed by Smart Contract - PKC is paid into SC to get read/write access, to register a node etc. and PKC is paid out of the SC to incentivise the nodes.
ParkingZones - Smart Contract which allocates unique parking zones; renewal fees & deposit required
ParkingAdmin - Opensource SDK Including Enforcement APPs, Admin/Financial/Management Dashboards
ParkingMeter - Opensource SDK which brings both PKB and PKC together by creating development kits with PKB as their default payment method. PKM will allow all methods of payments to switch over to using PKC to store ticket data and calculate tariffs by providing unrestricted opensource iOS/Android/WIndows/Linux/MAC application examples. We will also develop a modular main board to replace the main board in physical ticket machines which will run on the PKM module so an entire car park could be switched to digital ticketing without huge expense while keeping traditional cash methods. There is also the possibility of turning them into Digital Currency ATM's - They have printers, internet, coin validators and we'll be replacing the mainboards so why not?

So...
PKC is trying to get all data together in a single place so one car park could offer Ringgo, Parkmoble, ParkByte and Cash - It doesn't matter to them, their enforcement stays on the one platform - Customers could choose which provider they wish to use rather than installing multiple APPs because different car parks only use one provider.
PKB is trying to replace all Cash and Credit Card payments because they just cost too much and are not secure.

so, this is SWAP from PKB to PKC..??

Wait news parkingchain!

I hold some PKB and look forward to the swap to PKC if that is the direction we will be going. 
Etherium based contract may not be a bad idea. I look forward to swap details.

Thank you!
Looks really promising so far.

Regards

Goldmaxx

**DISCLAIMER: All information here is not final, is not an update, is still in planning so can change from time to time and is only thinking on paper  **

I do understand your concerns and no details are finalized as to the new token, there is also the PKB premine that I have to consider. My current thinking is to fork PKB over to a smart contract chain like ETH (same one as PKC), burning the PKB premine in the process then at a certain stage of the PKC sale (fixed on quantity of PKC not a time limit) once we have sold X number of PKC token's reward all current PKB balance holders with a ratio of x:x PKC's.

Both PKB and PKC should be seen as two different projects, there is so much involved in PKC though I have tried to give a basic outline below -

PKC is aimed at getting away from exclusive parking contracts and giving the consumer choice - the operational side consumers will never really see. In the UK, local governments put out tenders and service providers all bid to get that one contract for say 5 years. They do this 5 year period to save money when changing enforcement systems, parking attendants now need a mobile device to check digital tickets - changing systems can be costly.

The design of the actual ParkingChain (not the tokens) is for it to be Autonomous - Running on a smart contract - Database Nodes get paid by the smart contract to be online based on a ratio of Uptime, Requests and Space Used - Operators pay directly into the Autonomous Smart Contract to Read/Write into the ParkingChain (which pays the Nodes) - There will likely have to be trusted 99% up-time master-nodes to manage the data.

PKC will centralize data from all sources into a decentralized database into a standardized format, whether it is from Mobile Provider 1 or 2, a On-Street Machine or some other method. This data is then used by one existing enforcement system, operators can now switch provider or offer multiple providers with no costly equipment changes, new training etc.

Whilst all this information is in a decentralized database it was also suggested that we should also create a cloud based parking machine. It really is a great idea - it is what we were creating for PKB so to keep it simple and to enhance the value of using PKC this will come as an opensource SDK - an environment to access PKC data and create a virtual parking machine in Android/iOS/Windows/Linux and development of a universal upgrade board for physical parking machines using the PKM SDK potentially creating a few digital currency ATM's in the process - there are millions of unattended payment machines around, even if they are limited to £1/$1 a time.

A good example of a centralised parking database on a national level is https://nationaalparkeerregister.nl/uploads/media/Interface_Description_v7.0.pdf, we are transforming that into a decentralized database, using blockchain technology and making it global - with loads of extra's.

Ultimately, the PKM SDK will default to PKB as its currency - PKC is used by the operators for storing the transaction data in a centralized-decentralized database for back office use.

I have to admit this is a really ambitious plan and has taken months of planning to get to where it is, I just now need to finalize all the details and publish it, there is so much and I want to get it all right first time so we can move straight into the crowdsale.

**DISCLAIMER: All information here is not final, is not an update, is still in planning so can change from time to time and is only thinking on paper  **

I really hope we can swap some pkb for pkc tokens...
I'm holding this coin for several years now, and I would be dissapointed if I also have to buy some new pkc in order to get some roi.

Regards

Goldmaxx

There currently is no update that would be worthwhile giving; not because there is nothing going on but because the plan is constantly being revised.

After many discussions with people in the parking industry it has become apparent the need to change the short term direction - PKB as a parking token used by consumers is still our ultimate aim.

In the next few months we will release detailed information for the new revised project, the change in direction does mean we need to raise funding. We intend on raising funding via a crowd sale of ParkingChain (PKC) Tokens (no information has been finalized yet).

PKC Tokens will be used by parking companies to store/access data on the Decentralized ParkingChain database via a smart contract.

You may also notice references to ParkingAdmin (PKA) and ParkingMeter (PKM) on our website, these are names for our opensource SDK frameworks which will be used to access the ParkingChain.

Sorry if this seems vague but I think it would be best if we only publish the information in one hit, once it has been finalized.