DFINITY ICO Review And TBA Token Analysis

TBA

DFINITY ICO About

A blockchain computer with unlimited capacity, incredible performance and algorithmic governance, shared by the world — Cloud 3.0

DFINITY is building a new kind of public decentralized cloud computing resource. This rests upon a new blockchain computer that is similar in concept to Ethereum but has vastly improved performance and, ultimately, unlimited capacity. Business applications running on this computer will be unstoppable and won't need to involve complex components such as databases, backup and restore systems or Amazon Web Services, allowing costs to be cut by 90% or more by reducing the supporting human capital required. Of course, such a powerful public resource requires governance.

The DFINITY project was formed to research ways of enabling public decentralized networks to host a virtual computer of potentially unlimited capacity. The starting requirement was that the systems developed should be useful in joining 1 million or more mining clients. We also sought vastly superior performance than is available today.

Our core approach is counterintuitive and ironically - for such a feat of organization - involves random numbers. A DFINITY network involves a top-level Threshold Relay chain that produces randomness and progresses with minimal "reorganizations" while addressing many of the technical vulnerabilities that have bedevilled the industry such as "selfish mining" or "nothing at stake". The random heartbeat produced by the chain drives other crypto:3 systems the network depends upon, while recording a single root hash that anchors all the data stored in the virtual computer, no matter how large it gets

Threshold Relay generates randomness by applying the BLS cryptography scheme from Stanford University in a new way.

DFINITY ICO Review

DFINITY is a public network of client computers providing a "decentralized world compute cloud" where software can be installed and run with all the usual benefits expected of "smart contract" systems hosted on a traditional blockchain. The underlying technology is also designed to support highly resilient tamperproof private clouds that provide the added benefit that hosted software can call into smart contracts on the public cloud.

DFINITY is an Ethereum-family technology and is fully compatible with the public Ethereum network - if you can run a Dapp on Ethereum, you can run it on DFINITY too. There exist several fundamental differences between the networks however, and they are really sister systems offering different things. DFINITY introduces new crypto:3 protocols and techniques that aim to deliver extreme performance, unlimited scalability, interoperability and other benefits. Another difference is that whereas in Ethereum "The Code is Law", DFINITY introduces governance by a decentralized intelligence called the Blockchain Nervous System. These differences involve tradeoffs, and DFINITY is best understood as an exciting new extension of the Ethereum ecosystem that will make it much, much stronger.

DFINITY ICO Comments

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  • 4 months ago Maverick Carter

    Is DFINITY an Ethereum competitor?

  • 5 months ago Jonas Panerio

    Does DFinity have an airdrop plan? Anyone have an answer? Please share.

  • 5 months ago Gabriel Stephen

    DFinity actually issued a notice yesterday, that they will be airdropping up to 25M Swiss Francs worth of DFN to community members. The date of the airdrop though, was not specified. KYC and AML is being required. Eligible community members will receive emails to begin this process in the coming weeks.

  • 5 months ago Jonas Panerio

    Why is it taking long for DFinity's plans to move forward? I feel like it's going at a snail's pace.

  • 5 months ago Hunter Levesque

    Are there any new updates on this project?

  • 5 months ago Miles Jonas

    Haven't heard anything so far. Hope someone can shed some light on this.

  • 5 months ago Red Willis

    @Hunter @Miles Technology components used by the DFINITY project are being released into the public domain for those interested in decentralized technology (for example, software related to a crucial technique known as Threshold Relay is already in the public domain). A beta network created using the "Copper Release" client software is expected towards the end of Q1 2018. The expectation is that the Copper network will launch end Q2 2018. A supporting foundation, DFINITY Stiftung, has been created in Zug, and will assist with work.

  • 5 months ago Hunter Levesque

    @redgotsohigh Thanks a lot, buddy!

  • 5 months ago Hunter Levesque

    By the way, has the registration for the airdrop already closed?

  • 5 months ago Miles Jonas

    Yup. They haven't released any information so you might as well sign up on their newsletter. https://dfinity.org/

  • 5 months ago Klay Thompson

    When will Dfinity go live?

  • 5 months ago Klay Thompson

    When will Dfinity go live?

  • 5 months ago Hunter Levesque

    What are the short and long term potentials of Dfinity?

  • 5 months ago Jonas Panerio

    Technology components used by the DFINITY project are being released into the public domain for those interested in decentralized technology (for example, software related to a crucial technique known as Threshold Relay is already in the public domain). A beta network created using the "Copper Release" client software is expected towards the end of Q1 2018. The expectation is that the Copper network will launch end Q2 2018. A supporting foundation, DFINITY Stiftung, has been created in Zug, and will assist with work.

  • 5 months ago Jonas Panerio

    Well, this is a ‘visionary’ kind of project, with big goals to change the current blockchain landscape. Ultimately, Dfinity’s success or failure will rely on its technology. If Dfinity succeeds, it will succeed big, but if it fails, it will fail big as well. This is one of those ICOs that you should only invest in if you genuinely believe in the underlying technology and vision, not because of any hype or expectation of short-term profit.

  • 5 months ago Luke Livingston

    Have they released any information about their token sale? If so, how much is the price and when will they start?

  • 5 months ago Peter Garland

    Pre-sale is Active! No public ICO, instead there will be a huge community airdrop of 1.25% of the tokens + additional pre-sale round. Total valuation $1.89b. Hope this helps @livingston

  • 5 months ago Luke Livingston

    @garland Thanks for that. Any idea how many tokens they've sold so far?

  • 5 months ago Draymond Green

    They raised 3 750 000 USD during the pre-sale.

  • 5 months ago Luke Livingston

    Wow .That is a lot! Thanks @Draymond

  • 5 months ago Klay Thompson

    How much has DFinity raised so far?

  • 5 months ago Jonas Panerio

    Hello. Just wondering what this Threshold Relay is.

  • 5 months ago Hunter Levesque

    Threshold Relay is its solution for both speed and security. This system employs cryptography techniques to generate randomness on demand. Dfinity claims that it is almost incorruptible, unmanipulable, and unpredictable. Each network participant will produce a deterministic function, known as the Verifiable Random Function that powers the network’s processing and organization.

  • 5 months ago Hunter Levesque

    What is the Blockchain Nervous System?

  • 5 months ago Draymond Green

    The Blockchain Nervous System is Dfinity’s unique governance protocol. It can freeze, unfreeze, and modify smart contracts on the network as well as configure client software, e.g., by making them upgrade to the latest version of the network protocol.

  • 5 months ago Draymond Green

    Dfinity uses an AI analogy to describe the Blockchain Nervous System, but it isn’t a real neural network per se. Sure, the Dfinity network has ‘neurons,’ but these are human-controlled. A person owns each neuron, and it has voting power proportional to the amount of Dfinities locked inside it (you need to deposit Dfinities to create a neuron).

  • 5 months ago Draymond Green

    Neuron owners can choose to vote as they please or choose to configure their neurons to follow the voting patterns of other selected neurons. All these actions are known as ‘thought mining’ and will earn neuron owners Dfinities. The idea is that the neuron owners are naturally incentivized to maximize the value of Dfinities, and will thus vote in a manner that drives effective network operation and mass adoption.

  • 5 months ago Klay Thompson

    What's the team like for this project?

  • 5 months ago Hunter Levesque

    The team has extensive experience in both IT and specifically blockchain technology. Most of engineering team members contributed heavily to the development of cryptocurrencies and have tons of code to show on GitHub. The team is perfectly balanced: IT experts from the best companies, active crypto community contributors, PhDs, professional operations and marketing managers.

  • 5 months ago Red Willis

    To add to what @Hunter has mentioned. Dominic their CEO is a crypto theoretician and entrepreneur. His recent math includes Threshold Relay and PSC chains, Validation Towers and Trees, and USCIDs, and he proposes new ideas such as "The 3 E's of Sybil Resistance". Previously he ran a venture-backed MMO game using his own distributed systems that hosted millions of users.

  • 5 months ago Peter Garland

    Was just watching the introductory video? What does DFINITY aim to do?

  • 5 months ago Red Willis

    The vision for DFINITY in the field has two poles. On one many traditional monopolistic technology intermediaries such as Uber, eBay, social networks, messaging and even Web search might be reengineered as “open source businesses” using autonomous software that use their own decentralized governance systems to update themselves. On the other, we want to see mass reengineering of enterprise IT systems to take advantage of the special properties blockchain computers provide and to dramatically cut costs. This last point is non-obvious because computation on blockchain computers is far more expensive than on traditional clouds such as Amazon Web Services. But dramatic savings are possible because the vast majority of costs involved in running enterprise IT systems derive from supporting human capital, not computation per se, and the DFINITY cloud will make it possible to create systems that involve far less human capital.

  • 4 months ago Gabriel Stephen

    DFINITY is conceived as an extension of the Ethereum ecosystem - a sister world computer network that prioritizes performance and scalability and where smart contracts are subject to a decentralized intelligence, which is very different to "The Code is Law". This will bring people into the ecosystem that have different needs that performance and decentralized governance by a distributed AI can solve. Of course, the features we provide involve some design tradeoffs. The ecosystem will be broader and more attractive because users can choose whatever suits them better. All our engineers and researchers care deeply about Ethereum and open source. We will maintain the maximum possible level of compatibility and Stiftung DFINITY will contribute funding and effort to Ethereum projects.

  • 4 months ago Steve Kerr

    The DFINITY Community Airdrop is finally here.

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ICOPicker - DOMINIC WILLIAMS
DOMINIC WILLIAMS
President & Chief Scientist
ICOPicker - TIMO HANKE
TIMO HANKE
Head of Engineering

Token Info

  • Symbol/Ticker TBA
  • Platform
  • Type Own wallet
  • Bonus

Presale Info

  • Presale Price null ETH
  • Presale Start Date 05/23/2018
  • Presale End Date 05/23/2018

Investment Info

  • Tokens for Sale null
  • Total Token Supply null
  • Price Per Token null USD
  • Soft Capital 4,000,000 USD
  • Hard Capital 90,000,000 USD
  • Accepting ETH

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4 months ago


  • Token TBA
  • Platform
  • Price null
  • Soft Capital 4,000,000 USD
  • Hard Capital 90,000,000 USD
  • Accepting ETH
  • Country Switzerland
  • Restrictions
  • Know Your Customer No
  • Whitelist No

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