So yes we will implement a sharding design but instead of name dropping the concept we prefer a much more pragmatic approach.
The idea is for us to deploy our cross-chain communication architecture first. Then to deploy several shards for our partners and using our Finality as a Service. The benefits of a sharding design are known but Concordium Sharding is one of our answers to the Business call and one of the ways for Concordium to ease and push adoption.
Sharding for sharding doesn't mean anything to us. We're not looking to deploy a tech that will not have any use.
My name is Beni and I'm from Team Concordium so no ambiguity here.
And our dear friend who called me shitcoiner since I was Beam CMO, well...
Anyway, my first post here.
And i just wanted to provide some precisions:
1. Concordium will not conduct any public funding. No ICO, no IEO. Period. We have secured several rounds of funding and we will open a new one in a couple of weeks but only for accredited investors, VCs and Family offices.
2. Concordium is novel Tier 1 Blockchain based on a 2-layer consensus and with an ID Layer at the protocol level. Public, permissionless, Concordium is the ultimate alternative to Hyperledger and Corda.
3. Concordium is based on a PoS mechanism, currently pPoS but we will deploy a smart and dedicated Delegation mechanism.
4. Concordium will deploy a Private Sharding architecture for better security and scalability when our finality will be "used" as a service between all the shards.
5. Concordium has a clear business orientation with already in development use cases in the automobile, Identity and Voting industries.
6. No decentralization for Concordium for now, but when the market conditions and the technology landscape will allow it, we will move from a semi centralized governance to a fully decentralized one.
7. Concordium is based in Switzerland but has offices in London, Copenhagen, not far from Marbella and in Tel Aviv.
8. The Tech team is led by Dr. Torben Perdersen, the father of the Pedersen Commitment and is driven by COBRA, a dedicated Research Center at Arrhus University and led by Prof. Jesper Nielsen and Prof. Claudio Orlandi.
That's it for now.
If you feel like having some debates when it comes to our approach on privacy, auditability and other subjects like Crypto Kitties (just kidding), feel free to find us on Discord and on Twitter.
A private sharding sounds like a shading solution that being implemented into the side chain , hmm i may wrong about this.
is that true?
anyway, will you create a telegram chat group for concordium? I saw only an announcement telegram group.
Well clearly impossible for us to disclose names. It doesn't make any sense since we are on a testnet mode and mainnet is far away.
We have big names and we will reveal them once the use case will be properly launched. We're not trying to create some FOMO here since we don't look for public funds.
But I invite you to have a look on our team page and guess by reading our bios what could the first to implement a solution made in Concordium.
business in what form can use Concordium blockchain technology and what are the most prominent benefits of the Concordium blockchain for the business world
the team rep answered that they have use cases in auto, identity and voting industries.
5. Concordium has a clear business orientation with already in development use cases in the automobile, Identity and Voting industries.
but can you give us your current clients/companies that are now using your platform? it is good to have an example of a company that is utilizing your services already. it might attract other businesses to employ your services if they will see success in terms of operations management. this will reduce their cost of operations.
So our solution doesn't come to teach the Business world the greatness of Blockchain. Our approach is agnostic. Meaning we use the power of Blockchain to solve real issues in the Business world.
That said our 2-layer consensus, our Finality as a Service and our ID Layer at the protocol level, turns Concordium into the most adapted permissionless and public BC for Businesses which will be able to get a white-label, some components or the whole solution to easily deploy.
We are private but compliant and we offer a scalable solution but secure.
Think of the Oracle of our world and you will guess how our distribution model will work.
business in what form can use Concordium blockchain technology and what are the most prominent benefits of the Concordium blockchain for the business world
[moderator's note: consecutive posts merged]