Website: https://tipblockchain.io/ |
Tip is a Third Generation Blockchain that connects users over peer to peer networks, and merchants with payment solutions, making it easier than ever to transact using cryptocurrency. Fundamental problem Tip is proposing to solve. Tip is creating a fully indexed, searchable, decentralized network that can be queried for information, thus solving the issue of discovery on the blockchain.
Tip is the only platform tackling the mass adoption issue using a holistic approach from a discovery standpoint, and building applications that connect end-users to businesses. This will provide solutions that can be used by both end-users and merchants in day-to-day cryptocurrency transactions.
With Tip Blockchain, users and businesses can register usernames which can then be searched and discovered by other users. They will then be able to transact in a fast, easy and user-friendly ways. Tip Blockchain enables ease of use by discovery on the blockchain!
TECHNICAL IMPLEMENTAION
- ERC20 TOKEN ON THE ETHEREUM NETWORK
A core component of the Tip solution is the Tip blockchain. Tip blockchain will have features which enable discovery on the blockchain. Building a blockchain with these advanced features would take a significant amount of time. Tip team will launch the Tip solution on the Ethereum Network initially. This initial solution will use a hybrid model of decentralized network and apps, and centralized database to solve the problem of discovery in the short term.
Tip solution on Ethereum will be coupled with a distributed off-chain database which will provide the name registration, indexing, and querying of arbitrary information. The ERC20 TIP tokens will then be converted to the new network tokens at a one to one rate.
- Desktop and mobile light wallet: Kasakasa
The main interface users will use to connect to the Tip Network is a mobile and desktop wallet application, Kasakasa. The mobile version of this wallet will iOS and Android native apps, covering more than 95% of mobile users. Will also be releasing a cross-platform desktop app for Windows, Mac, and Linux which will provide coverage to 99% of desktop computer users.
- Merchant Point of Sale System: Sika
To supplement our consumer focussed solution, Kasakasa, Tip Network will create a desktop and tablet application for small businesses, which will make it easier for businesses that accept cryptocurrency. Tip Network will work closely with retailers to deliver a solution that gives them the highest value and ease of use.
This solution will be very attractive for merchants because, as cryptocurrency transactions become more pervasive. Current payment networks such as Visa and Mastercard charge processing fees of 1.5% - 3.0% per transaction, depending on location. Transaction fees on Tip will be 0.1% - 0.2% for most transactions.
THE FUTURE OF TIP BLOCKCHAIN
The long-term goal of the Tip Project is to move to the Tip blockchain, where indexing and searching are supported natively on-chain. Transfer of TIP tokens will also be processed on the Tip blockchain, and not on Ethereum. This has the result of removing the centralized database and replacing that with the fully decentralized Tip Node network and IPFS.
Transactions on the Tip blockchain are any write operations that can be specified in the Tip protocol. Tip blockchain nodes (nodes) are responsible for processing transactions and propagating them to other nodes on the network.
The Tip Blockchain will use a delegated proof of stake (DPOS) consensus mechanism for securing the network and generating new blocks. Transactions are then confirmed by these trusted nodes. Delegates are rewarded for securing the network by receiving more TIP tokens in newly created blocks.
ROAD MAP
Read more: WHITEPAPER / WEBSITE (click)
TOKEN DISTRIBUTION
Total token supply - 1,000,000,000 TIP
- Token Type: Ethereum ERC20
- Purchase with: ETH
- Base Price: 1 ETH = 10,000 TIP
TOKEN SALE
Tip Inc will be launching a sale of TIP tokens which will be open to the general public. Users will be able to purchase TIP tokens using either Ethereum or Bitcoin. The sale price for Tip will be 1 ETH = 10,000 Tip, or 1Tip = 0.00001 ETH. The price of TIP tokens in Bitcoin will be calculated by converting the Bitcoin value to Ether, using the Bitcoin-Ethereum exchange rate at the time of purchase. The token sale will run for four weeks. During this time, 60% of the total TIP supply will be available for purchase by the general public.
Token pricing structure
Sign up for token sale whitelist: https://tipblockchain.io/
For more information:
- Telegram: https://t.me/TipBlockchain
- LinkedIn: https://www.linkedin.com/company/tip-blockchain-network
- Twitter: https://twitter.com/TipBlockchain
- Medium: https://medium.com/tipblockchain
- Facebook: https://www.facebook.com/TipNetworkio
- Instagram: https://www.instagram.com/tipblockchain/
- Reddit: https://www.reddit.com/r/TipBlockchain
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By: ekowkow
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1681154
ETH Address: 0xda0f3368664670213A6f841173d7b24a08CF5E24
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