Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the Glyff project.
Novel decentralized cryptocurrencies allow untrustworthy actors to interact via complex smart contracts, safely and without the need for a trusted third party. The blockchain model guarantees fairness with penalization of the parties in the event of contractual breaches or malicious behavior, and compensation of the honest actors. The current model however completely forgoes privacy: all amounts transacted and the involved parties are exposed on the blockchain. We present Glyff, a decentralized smart contract system focused on privacy. Glyff hides financial transaction details from the public’s view and offers programmable privacy using cryptographic primitives called zero-knowledge proofs.
What is Glyff ?
Glyff is a decentralized internet platform delivering private asset transfers and programmable privacy for smart contracts.
How does it work ?
Adding elements from latest cryptographic breakthroughs to the Ethereum proven design, Glyff balances data privacy and transactional security with computational efficiency, ultimately delivering an easily programmable, high throughput smart contract settlement layer up to enterprise level while enforcing the core principles of the blockchain. Glyff, like Ethereum, allows development of decentralized applications, but with a key difference : the ability of concealing data from the computing nodes. This enables developers to include sensitive data in their smart-contracts, directly on-chain, without compromise on security
The problem
The blockchain is one of the most important recent inventions, enabling business and individuals to instantly send money and information over the internet, without the need for trusted third parties. However, current modelling completely forgoes privacy, with the entirety of data and amounts transacted between parties exposed to the public, whilst most real-world applications - health, financial, IoT, etc - require details of their operations to remain undisclosed and are not compatible with a public blockchain system.
Our solution
We are building a next-generation decentralized platform that enables secure value transfers and smart contract execution, in complete confidentiality and with strong correctness guarantees. Glyff, like Ethereum, allows development of decentralized applications, but with a key difference : the ability of concealing data from the computing nodes. This enables developers to include sensitive data in their smart-contracts, directly on-chain, without compromise on security.
Distribution
Initial distribution: 50,000,000 GLY
TGE (including pre-sale): 32,500,000 GLY
Glyff reserve: 7,500,000 GLY
Team and early contributors: 5,000,000 GLY
Community and strategic partners: 5,000,000 GLY
Pre-sale phase
Start date : 20 December 2018
End date : 19 January 2019
Token price : 0.11 USD
Discount :25%
Tokens for sale : 6,500,000
ICO phase
Start date : 20 February 2019
End date : 22 March 2019
Token price : 0.13 USD
Discount : None
Tokens for sale : 26,000,000
Roadmap
Q2/3 2018
Research starts
Prototyping of MVP consensus node and wallet (Sprout)
Q3/4 2018
Consensus node and wallet (early release)
Private test-net launch
Q1/2 2019
Publication of the first whitepaper working draft (Sapling)
Token generation event
Development and code consolidation
Public test-net launch
Q2/3 2019
Programmable privacy
Security audit
Consensus node and wallet (stable release)
Q3/4 2019
Main-net launch
Developer toolchain and documentation
Mobile wallet (Android/iOS)
Our team
Finally, what I can say is the tremendous potential of this company.
All-round ICO is very striking. This is a great open road to enter the ICO world.
If you know how to improve our community.
If you know how to spread information about us in this world.
If you have any ideas for other improvements, it is a privilege
If you all participate in our bounty.
To find out more. You can connect more with Glyff at the link below:
Website : https://glyff.io/
Whitepaper : https://glyff.io/files/glyff-wp.pdf
Facebook : https://www.facebook.com/Glyff-353989662044849/
Twitter : https://twitter.com/Glyff_io
Medium : https://medium.com/@glyff_official
Author : Eslilin667
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1592209
Myetherwallet : 0x8BF5F2559AeAe3f5CBf48cD6994A3fDb9B2Bc0a8