To Innovation - Breaking Politics, Economics, Crypto & IT News

learn more
Reporting from Watford, UK and LA, US since 1996
learn more




TOP STORIES
John McAfee death was a suicide, autopsy confifms

John McAfee's relatives will finally bury him now



Based on the Monero cryptocurrency, a new protocol is being created



The primary target of the platform will be tokens with "unique parameters" that store information about the property (virtual goods, etc.).



23.May.18 8:22 AM
By Alina Barsukova
Photo Toinnov.com

   417

Based on the Monero cryptocurrency, a new protocol is being created
Based on technology CryptoNote, focused on increasing the anonymity of transactions, will soon appear a new digital protocol Tari.

"Tari's goal is to support any digital assets. For example, one option is to allow issuers of such assets to participate in the secondary market, which means, among other things, resale, "said the co-founder of the company Navin Jain.

The primary target of the platform will be tokens with "unique parameters" that store information about the property (virtual goods, etc.).

In a broader sense, he believes that protocols and networks that consider specific application variations may be more useful than universal ones. The project portal specifies that the contract can handle several thousand transactions per second.

"I think that an important moment regarding how our space develops is the creation of a protocol used for any possible use case, or we are building something that is oriented to one use case," concluded Jane.

"We do not want to make any statements, but just want to prove ourselves on this path, and we consider this moment to be excellent for these plans."

In the creation of the protocol will also participate and the developer of the currency Monero Ricardo Spagna.



Back to the list


Related Information: