They seemed to really have good team and good foundation for this project.
But since they are aiming to have wide adoption for this platform, what are the activities on the pipeline to address this mission.
There are so many alts devoting their time for this p2p money transfers, yet, they failed in terms of adoption.
They need to start somewhere to take off their adoption. And where will they start?
1. For adoption, we look at:
a. building a developer community that will use the tech stack we a develop to build applications and implement our protocols. Purpose is to ultimately build an incubator with promising, young developers and startup founders. We started looking into dev communities in Pakistan, Ukraine - developing countries.
b. We want to start with coffeeshops and restaurants. We actually did a street survey on campus in Kiev, and students and shop owners were happy to try out our proposition.
Here the purpose lies in the Wallet, which will be used by shop owners and customers.
c. The DEX protocol (which deals with settlements on Lightning network) is also how we aim at driving adoption. The challenge here is to have sufficient liquidity to sustain the DEX, and reliable Lightning channels. So far we received good feedback.
Here is an explanation of the DEX:
https://forum.tagion.org/t/decentralized-exchanges-and-tagion-dex/85For more information, please join our Telegram Group: @TagionChat - the entire team is there and can provide more information.
You can also join forum.tagion.org and become an active part in the project
When you say banking system, are you saying Tagion will provide all the functions of banking systems in a decentralized way? This is very interesting to know although I think it will be very difficult to achieve, how do you intend to implement this and do you hope to open a bank, I still don't fully understand what it is that Tagion do,
And can you elaborate more on this statement "There will be no pegging to other currencies" if not pegged to any currency, how do you determine it's value? And should I include your white paper is one of the most technical I have seen so far.
We have run tests for the Tagion network and saw that we can achieve 20,000 throughputs per second, at a speed of 3-5 seconds.
The Visa network achieves max 65,000 throughputs per second, at speed of 1-3 seconds.
You may think, well, if Visa is faster, who would use Tagion? Payment as a Service and Banking as a Service is on the rise. Think Alipay, WeChatPay, Revolut etc.
There will be more players coming in. These players will want alternatives for payment networks, not just Visa and Mastercard. Perhaps they will not want to have 8 intermediates between payments like Apple Pay has.
You can achieve true pseudonymity, no exploitation of personal data, no rollback of transactions. It's an alternative to the old financial system, at the very least.
If you'd like to discuss privacy, ethics, and payments, our team is active on our Telegram Chat @tagionchat and happy to provide more information.
"No pegging to other currencies" means we won't be backing our Tagion currency the way Stablecoins are backed (euro, dollar, precious metals, a basket of currencies, crypto collateral). We achieve stability in time, algorithmically.
On forum.tagion.org we would love to add intelligent participants like your self ...
[moderator's note: consecutive posts merged]
