To the ear of regular user of bitcoin like me it’s more or less bitcoin concept. I am not sure why this is sounding more or less a other project similar to any crypto currencies claiming their outflow over blockchain. If we want bigger proposals and assured lightening transactions then we need to forget about the logics of bitcoin and to better extent also need to waive off the blockchain protocols. I mean what are alts in this comparison? Aren’t they providing what is already explained above.
We already have ordinals that are contesting the network to the alarming rates and it’s going to hamper more as the time is passing.
I am just hoping ASSURED won’t burden the chain in similar way.
Thank you for your feedback. You have some misconceptions about ASSURED and its purpose. ASSURED is not a competitor to Bitcoin or any other cryptocurrency. Rather, it's a separate project that complements the existing blockchain ecosystem by providing a unique service not currently available. The goal is to provide a decentralized, secure system for scheduling future message releases, not to serve as a financial system or currency.
Here is a breakdown to help you better understand it:
Different Purpose: Unlike Bitcoin and other cryptocurrencies, ASSURED is not primarily a currency or a financial system. Its primary purpose is to provide a decentralized, secure system for scheduling future message releases. While it does use a token system (ASSURED tokens) to incentivize node operation and to set the cost for scheduling messages, these are secondary features, not the main purpose.
Not a Replacement for Bitcoin: ASSURED is not meant to replace Bitcoin or any other cryptocurrency. It is a separate project with a distinct use case. It complements Bitcoin by providing a service currently unavailable within the Bitcoin ecosystem, specifically, the ability to securely store and schedule the release of messages.
Not Overburdening the Chain: ASSURED will have ZERO impact on the Bitcoin network, and the design would avoid overburdening its own network. The sharding mechanism ensures that the data is distributed across the network, preventing any single node from becoming overwhelmed. The reward system incentivizes the operation of nodes, promoting a healthy, robust network.