Rabu, 20 Februari 2019

GLYFF - Project Review

We will provide Article to present the “ GLYFF ” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.
Newly emerging cryptocurrency systems such as Ethereum [But18] promote the idea of running user-defined programs on the blockchain but they lack transactional privacy, all actions and data associated are immediately visible on the blockchain, hampering possible applications of the technology in contexts where secrecy is paramount, e.g. insurance contracts, stock trading, etc; as a consequence there is a need for privacy enhancing technologies and several attempts have been made at creating viable solutions.
The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.

Glyff is a decentralized internet platform conveying private resource exchanges and programmable security for smart contracts.
The new decentralized digital money enables dishonest performers to cooperate through shrewd, unpredictable, secure contracts and without the requirement for confided third parties. The blockchain display ensures equity by gatherings’ punishments as far as legally binding infringement or noxious conduct, and pay from fair performing artists. The present model anyway totally eradicates security: every one of the numbers executed and the gatherings included are presented to the blockchain. We present Glyff, a decentralized smart contract framework that centers around security. Glyff shrouds the subtleties of money related exchanges from general visibility and offers security that can be customized utilizing cryptographic natives called zero proof of information.

FUNCTION

Including components from most recent cryptographic leaps forward to the Ethereum demonstrated plan, Glyff balances information protection and value-based security with computational effectiveness, eventually conveying an effortlessly programmable, high throughput brilliant contract settlement layer up to big business level while implementing the center standards of the blockchain. Glyff, as Ethereum, permits advancement of decentralized applications, yet with a key distinction: the capacity of covering information from the figuring hubs. This empowers engineers to incorporate touchy information in their smart contracts, transparency on-chain, without bargain on security

Smart Contract

Brilliant contracts are planned and executed inside blockchains, and along these lines they acquire a portion of the blockchain’s properties:
They’re unchanging, which implies a brilliant contract can never be changed and nobody can mess with or break an agreement.
They’re circulated, which implies that the result of the agreement is approved by everybody in the system, much the same as any exchange on a blockchain. Dissemination makes it inconceivable for an aggressor to compel control to discharge assets, as every other member would identify such an endeavor and check it as invalid.

Features of Glyff Project

  • Private exchanges with the sender, beneficiary, and sum exchanged are totally covered up.
  • Surety Guaranteed respectability and solid secrecy property with zero-learning cryptography.
  • Non-master software engineers can create applications that attention on security, even without cryptographic information.
  • Empowers the utilization of smart contracts for decentralized applications that require individualized computing and secure information.
We are building another age decentralized platform that empowers the exchange of safe esteem and smart contract usage, with finish classification and with the confirmation of solid truth. Glyff, as Ethereum, permits the advancement of decentralized applications, yet with the primary contrast: the capacity to conceal information from computational hubs. This enables designers to enter touchy information in their smart contracts, specifically in the chain, without trading off security.
Individual money exchanges with the sender, beneficiary, and sum exchanged are totally covered up. Ensured trustworthiness and solid secrecy property with zero-learning cryptography. Gives a platform to the spread of cross-industry blockchain innovation that takes care of true requests. Applications in Healthcare, Finance, IoT, internet business, e-Governance will build the social advantages of these areas. Shrewd contract framework that is effortlessly customized with cutting edge security highlights. Open source wallet application and cross platform engineer system.

Glyff Wallet

For the purpose of show-casing the private cash transfer functionality, we are developing a wallet application using the Vue-js framework and node-js.
Wallet overview with Transparent and Shielded balance view
Shielding of a transparent GLX token
Sending a shielded GLX token to a recipient shielded payment address
Notification of incoming shielded transaction

GLYFF Token and ICO

The Token is ticked as GLY TOKEN. It is ERC20 agreeable; it is made on Ethereum blockchain. The platform will disseminate its GLY tokens through TGE. 1 GLY will be sold at USD$0.11 amid pre — deal platform. The pre-clearance of the project is booked to start on the twentieth December, 2018 and will keep running for multi month until nineteenth January, 2019 with 25% markdown rate. After which the ICO of the task is planned to start on the twentieth February, 2018 and will keep running for multi month until 22nd March, 2019 in which 1 GLY will be sold at USD$0.13 amid this platform.
Decisively, the project is a decentralized protection platform for the cutting edge that empowers secure esteem exchanges and smart contract execution, in total secrecy and with solid accuracy ensures. Glyff, as Ethereum, permits improvement of decentralized applications, yet with a key distinction: the capacity of disguising information from the processing hubs. This empowers designers to incorporate delicate information in their shrewd contracts, transparency on-chain, without bargain on security.

TOKEN DETAIL

Token: GLY
Token Type: ERC20
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
ABOUT ICO 
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)

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Author : Letty sits

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