From the OP:
User accounts are created when an Radium address is paired
Sleekness involves spellchecking official text. It's a Radium - not an Radium.
What's the difference between this and ethereum? what can you do with this that ethereum can't?
I too was searching the official webpage and this thread for a clear explanation of this, but still have not found any!?
- What is the purpose of this project?
- Is there a real use/benefit to anyone in their daily life, outside of the crypto-nerd world?
Thank you for pointing out the typo, it has been corrected.
The purpose of this project is to develop and provide decentralized blockchain based services through the SmartChain.
The services currently developed on the SmartChain include:
- Username-address linkage, with the ability to send both Radium and Radon to usernames.
- Text snippet storage.
- File hash storage and verification.
- Radon asset generation via Proof of Network Contribution.
SmartChain services currently in development include:
- SmartChain DNS
- Decentralized Cloud Storage
- Smart Contracts
- Decentralized Software Updates
At this point, Radium and the SmartChain cater to a different purpose than Ethereum. Ethereum is designed for DAPPS, Smart Contracts, etc.. Radium and the SmartChain are designed for similar purposes to that of Factom, and eventually Maidsafe/Storj/Sia. The purposes of which include record keeping, proof of existence, decentralized verification, asset transfer, and industrial grade cloud storage services. With these use cases in mind, Ethereum, Factom, and the remaining projects mentioned could all co-exist in a symbiotic relationship of sorts. Each project brings their individual benefits and advantages. We would not like to "de-throne" larger projects, so to speak. We would like to develop simultaneously along side each other in a mutually beneficial, innovative blockchain driven environment.
Let me know if there are any points I missed.
Best regards,
-TM2013