Noteworthy Articles from the Community
INT – The post-sharding, post-PoS enabled Ethereum for the IoT Ecosystem
Topic: 🔹🔹🔹INT All-In-One Thread🔹🔹🔹The IoT Public Blockchain🔹🔹🔹 - page 6. (Read 24270 times)
Noteworthy Articles from the Community
INT – The post-sharding, post-PoS enabled Ethereum for the IoT Ecosystem
Noteworthy Articles from the Community
INT - The staking, supernoded, IoT king from china that you've never heard of
INT - The staking, supernoded, IoT king from china that you've never heard of
Hello! I have read your technical documentation carefully and have not found any significant differences between the platform you are offering and such projects as Skynet or Robotina (in terms of power saving). What is not is not taken into account? What are the advantages of your project? What regions is the project designed for?
Thanks for your questions.
Please read below articles from our community, which helps you to understand INT better!
INT - Comparison with Other IoT Projects
What is Internet Node Token (INT)? - The White Paper Digested
I have an interest to be part of this project as one of your supporter, the project platform itself looks promising as it has more great feature as a crypto trading platform. I love to participate in an exchange platform!
Are you from eloncity, looks like also promising project. Energy? Like INT, IoT project. lol
Hello! I have read your technical documentation carefully and have not found any significant differences between the platform you are offering and such projects as Skynet or Robotina (in terms of power saving). What is not is not taken into account? What are the advantages of your project? What regions is the project designed for?
INT chain participated in the 2018 Cloud Innovation Conference hosted by the Hangzhou Municipal People's Government, Netease and CCID, conducting in-depth discussions on the exploration of the blockchain application.
I have an interest to be part of this project as one of your supporter, the project platform itself looks promising as it has more great feature as a crypto trading platform. I love to participate in an exchange platform!
Thanks for your support! Our telegram channels:
INT Telegram Official: https://t.me/INTChainOfficial
INT Telegram Investors: https://t.me/INTchainofficialcandy
I rely that the business will satisfy all that has been estimated! Good luck all.
I have an interest to be part of this project as one of your supporter, the project platform itself looks promising as it has more great feature as a crypto trading platform. I love to participate in an exchange platform!
INT Chain Community Q&A
Below is a collection of Q&A from the previous bi-weekly reports for better reading experience.
I. Tech(Node)
Q: It has been mentioned that INT will use machine learning and cloud computing to model strategies and process data. What are the planned capabilities and uses of this? Will the INT router be the nodes of this computing network? Will the supernodes?
A: This is actually on the INT blockchain cloud, and data analysis based on the data collected by the INTChain, and then make intelligent decisions. This piece of the function is still in preparation stage. Because the limited power of the INT router, it cannot act as a master node, and can only act as a light node.
Q: You mentioned using EOS’ supernode structure of voting on consensus nodes. Will this provide economic incentive for voters by enabling a shared block reward?
A: Our token economic mechanism is still in design and will not completely imitate EOS, because dBFT automated election logic is still being optimized.
Q: Will the DHT be used for data storage like BitTorrent or is it strictly as a node table?
A: Yes, DHT is together with node, and is used as data storage, and can store related node table as well.
II. Tech(Function)
Q: Can setPrice buy and sell function in the contract manipulate the price?
A: First of all, these functions are used to do the transactions between tokens and Ethereum. If there are exchanges or transactions occurred, they are performed in respect of the wishes of both parties. In addition, the INT team has never called this function to set the price, and INT has solemnly promised not to use the setPrice method to manipulate price in future. Currently, except the setPrice can be called by the contract owner, the other two functions are unavailable, so manipulating the price is inexistent.
Q: Will there be overflow problems?
A: For this problem, INT has made an official statement before. Although the amount * sellPrice may overflow, the final transfer calls the _transfer () function (see 169 lines and 176 lines of the code for details), this function strictly control the conditions for each transfer. This can be referred from lines 130 to 137 of the code. Therefore, errors similar to overflows will not occur.
III. Tech(Others)
Q: INT will utilize zero knowledge proofs to hide user intent and hide node identity. Is there any plan to use ZKP in other use cases like private transactions of data or assets?
A: Zero-knowledge proofs are designs in the single chain 1.0 architecture with an aim to better protect data privacy. In the 2.0 architecture, a new double-chain architecture is adopted. Meanwhile, the consensus mechanism has also changed, and many areas need to be redesigned. Many problems have also been encountered. After solving the current problems, ZKP will be considered in other situations.
Q: Are you planning on having several established subchains of different functionality on main net launch?
A: The semi-open “smart contract” module will be set on the INT chain to deal with the “fragmentation” of IoT applications. It is possible to evolve sub chains with different functions based on the strong industry attributes of IoT applications. The easy plug scheme of the consensus module can proceed under the condition of relatively stable cross-chain communication technology well as the completion of a more complete isolation witness program.
Q: Can you explain more about INT’s new consensus?
A: INT new chain adopt the dBFT+DPoS consensus, which is a huge advance for DPoS. On one hand, it oriented to differentiation application in the IoT more practically, on the other hand helping to select the “supernodes” in a stable and efficient way to realize service availability.
Q: Why there has been no updates in github?
A: The open source disclosure of the INT project codes is strictly in line with the project R&D progress. The disclosure of data involves the core of projects such as technology R&D and debugging. The team will submit and disclose it periodically and designedly according to the actual progress under the precondition of ensuring the project safety. Our codes have been updated to our own database, some of which have not been publicized and some have not yet been submitted. Next, we will devote efforts to updating the github. Please stay tuned.
IV. INT supply
Q: Will the total supply increase?
A: There is indeed a minToken function in the INT contract. This function can be called by the contract, creating privilege to implement the token issuance, but INT party never calls this method, and others have no privilege to call. With regard to the issue of token issuance, INT officially promised that no additional issuance will be implemented. In addition, INT is planning to implement token migration after completing the development of the wallet and the launch of mainnet, and INT will be more cautious with the planning of token quantity.
Q: When is the remaining 680 million unlocked? How much is the team holding?
A: There are detailed explanations about the Token’s distribution and operation spending planning in this financial report. The team holds 10% (100 million Token). Due to the existence of uncontrollable factors, INT may make appropriate adjustments and publicize it to the public at the first time based on the precondition of ensuring the project safety and normal development.
V. Partnership
Q: Why do not specify the partners?
A: You may pay more attention to our bi-weekly/weekly report. Our project progress, business cooperation and event promotion have never stopped. Due to the confidentiality of business cooperation, we would not specify which companies we are cooperating with. This has been explained specially in the previous bi-weekly/weekly reports. we will publicize the details to the public when the time is appropriate.
How blockchain technology will change the future of the IoT
Preamble:
According to CISCO, by 2020 there will be more than 6.58 devices connected to each person. If Smart Hardware brings more convenience to our daily lives it also increases our security awareness and privacy protection concerns. Vendors solving these challenges will be best placed for mass adoption.
Current centralised applications have high-severity vulnerabilities
In recent years, there have been a number of serious IoT security incidents all over the world:
- In 2008, a 14-year-old Polish teenager controlled the tram system in Łódź, Poland’s third-largest city, with a modified TV remote control, resulting in the derailment of several trains and injuries.
- In 2010, a former employee remotely invaded the computer systems of car dealers in Austin, Texas, and a large number of customers complained of vehicle breakdowns.
- In 2013, the United States well-known hacker Samy Kamkar issued a video on Youtube, showing how he used a technology called SkyJack to enable a basic civilian drone to be positioned and controlled to fly nearby. The drones formed a “zombie drone team” controlled only by a smartphone.
- In 2014, 360 security researchers discovered a design flaw in the Tesla Model S automotive application that could allow an attacker to remotely control the vehicle.
- In 2015, HackPWN security experts demonstrated the use of BYD cloud service vulnerabilities to open doors, start cars, and open the trunk of BYD autos.
- In October 2016, a very large-scale DDoS (Distributed Denial of Service attack, which occurs when multiple systems flood the bandwidth or resources of a targeted system, usually one or more web servers) raided more than half of the U.S. Internet from East Coast to West Coast. Internet services in the U.S. almost went down, including Twitter, Tumblr, Netflix, Amazon, Shopify, Reddit, Airbnb, PayPal and Yelp. The hackers who launched this cyber attack used a "botnet network" consisting of 1.5 million devices. Most of these devices were webcams produced by China DAHUA.
With the popularity and large-scale application of the IoT, those vulnerabilities cannot be ignored. Currently, IoT devices are controlled under centralized networks which have very high security requirements for central servers, and the security vulnerabilities of IoT nodes will affect the whole network. Applying Blockchain technology to the IoT can solve the existing security problems.
INT and blockchain technology
Blockchain is a decentralized distributed network ledger system. It is based on a trusted and absolutely secure model. With the cooperation of the encryption algorithm, the transaction information will be publicly recorded in the blockchain system in the order of time of occurrence, and the corresponding timestamp will be included. The key point is that these digital "blocks" can only be updated through the unanimous consent of all the people involved in the transaction. So the attacker cannot illegally operate through data interception, modification, and deletion.Many projects are attempting to solve the IoT security problems through Blockchain technology, such as INT.INT will filter the intent through the innovative BPK algorithm, and ensure the user's security.Traditional DPoS consensus algorithms have started evolving towards the direction of centralization while deviating from blockchain’s original intention of decentralization. Therefore, INT pragmatically created a new consensus algorithm called Double Chain Consensus Algorithm on the base of deep understanding into the core of DPoS consensus algorithm and on the basis of INT chain’s real application scenarios as well as current development status of the IoT devices. The basic architecture is shown in the following diagram:
Blockchain technology has the potential to solve the security concerns around the IoT and protect its users. Whether it is protecting data privacy or using encryption algorithms and consensus mechanisms to prevent DDoS attacks on IoT devices, Blockchain technology can play a key role in recording and verifying our transaction behaviour.
HI all , i m watching int and i see that's a good opportunity to have some now because alts markets are in red but we need some marketing and new listening to have some volume and new investors will come
Looks like this article is worth reading. How could I get more detailed information? May be I should join your telegram group.
Yin Xiangyu: Creating INT Ecology is the Top Priority
On June 24, 2018, Yin Xiangyu, head of INT China, and Chen Feier, Chief Business Officer, were invited to attend the Global Blockchain Summit in Philippines and Inaugural Blockchain Application Exhibition held at the Marriott International Exhibition Center in Pasay City, Manila.
The conference brought together more than 200 international political leaders and scholars, including the secretary of Philippines President Office, 300 employees in the blockchain industry, 5000 industry elites, and more than 1,000 high quality blockchain projects including INT. Around 1000 medias reported this summit. All the participants/guests discussed the application of blockchain technology and explore the application value in the blockchain, and to promote the blockchain technology to be successfully launched globally. The strong lineup of this summit is a milestone in the new era of blockchain application cooperation.
Building the INT ecosystem is the top priority
Yin Xiangyu discussed the future blockchain applications and the planning of industry together with industry experts and investors. He said that the entire industry not only lacks top-level applications, but also the awareness of constructing the industry ecosystem. Creating an ecological environment system is the primary task of an industry and a project development. INT is China’s first IoT and blockchain project. It aims to solve the problem of value transfer in the broken and fragmented IoT market and build a brand new distributed, open, and efficient IoT blockchain infrastructure platform. The viewpoint of publishing its ecological platform was unanimously recognized by the guests in the summit.
At the same time, Yin Xiangyu emphasized that INT is actively constructing the entire ecosystem, integrating upstream and downstream enterprises and scientific research institutions of IoT to build an open hardware platform, meanwhile, apply INT in many fields such as IoT big data, IoT supply chain, and financial intelligent manufacturing. Only actively promote the INT ecological construction, and let the IoT interoperate, achieve technology sharing, information sharing can make future development of INT better and faster.
Yin Xiangyu accepts Philippine national television interview
After the summit, Yin Xiangyu also expressed INT is a transparent and open system in the interview with many national medias such as the Philippine National Television. He hoped that the development of the IoT could promote without uniform standards, and form an effective distributed market though driving standards interconnected by economy. INT has always payed attention to the development of the Southeast Asian blockchain market and will accelerate the layout in Southeast Asia. This debut in the Manila Global Industry Summit also laid the foundation for accelerating INT development in Southeast Asia.
(Yin Xiangyu, Head of INT China, interviewed by medias)
Jump to: