MultiversX Tracker is Live!

For all those shitting on ION as a knee-jerk reaction just because it's a Microsoft's project, please check it out first: It's on top of Bitcoin, it will help it. It's open, public, permissionless and decentralized.

Bitcoin Reddit

More / Bitcoin Reddit 172 Views

Almost all the comments on this post were negative, here on r/bitcoin. It looks that most people commented without even watching the video or reading about ION.

This is the post with the video:

https://old.reddit.com/r/Bitcoin/comments/ogxh8h/microsoft_is_using_bitcoin_to_help_build_a/

Direct link to the video:

https://www.youtube.com/watch?v=xevb029EqNk

This is ION's website:

https://identity.foundation/ion/

ION is a Layer 2 open, public, permissionless, decentralized ID network based on the purely deterministic Sidetree protocol, which requires no special tokens, trusted validators, or additional consensus mechanisms; the linear progression of Bitcoin's timechain is all that's required for its operation

Scalable

ION is designed for scale, supporting thousands of DID (Decentralized ID) operations per second across the network. ION is based on a strongly eventually consistent architecture that enables embarrassingly parallel ingest, processing, and resolution of DID operations.

Censorship & Tamper Evasive

  • ION DIDs can only be deactivated by their owners, protecting people from violations of digital rights.
  • ION includes registry capabilities to support decentralized package managers, app stores, etc.
  • ION enables DID owners to securely connect to each other through decentralized routing endpoints.

Edit: Added ION's description.

submitted by /u/simplelifestyle
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments