Quote from: sneval on January 14, 2016, 08:09:02 PM

I'm seeing this coin for the first time. The instant transaction concept is a more welcome feature. If the coin is capable of processing transaction in less than in one second, then gadget coin is one of a highly valued coin. It seems this coin hasn't been traded on exchanges. What are the other plans or innovations planned for?

Our digital currency is basically a token and we can't claim the system manages 1 second transaction time in a decentralized manner. The 1 second transaction time is achieved with certain centralization and using trusted nodes to assist in transaction handling. Having centralization is not an issue in the majority of IoT use cases, but in fact it is a strict requirement. Regulations require to deploy centralized nodes which must be accessible for auditing, law enforcement and regulatory bodies. Internet of Things is a heavily regulated sector. Manufacturing, health care, security surveillance, transportation, building management, IoT enabled public services and virtually all sectors must comply with regulations. That means we have the luxury of trusted nodes within the system. It is straightforward to have 1 seconds transactions using trusted nodes.

As for other plans, please review the white paper and I will be happy to answer any questions. The white paper should give you an idea about the envisioned technology.