Pycoin has been re-branded as Orch.Network six months ago. The 3rd phase of our ICO starts on Wednesday 12th September 2018. Yes we might be unprofessional as far as maintaining the ANN thread is concerned as we mostly communicate thru our telegram groups, channels and twitter account. Why don't you help us become more professional by joining our group and helping us maintain this ANN thread?

Orch ICO-3rd phase starts on 12th September 2018

Please view the video on ORCS and its price/purchasing power stabilization mechanism relative to USD/Euro/CHF and OECD CPI data as well as internal indicators such as transaction fees and hashrate of the underlying Orch Star Cash blockchain federation.

https://www.youtube.com/watch?v=anqokKWI1o4&feature=youtu.be


Please visit https://orcs.fund and or telegram group at https://t.me/ORCS_Stablecoin and buy some Orch(ORC) tokens at https://orch.network. All ORC tokens holders with 1 Million token balance will automatically get equivalent ORCS stablecoins on pro-rata basis.

https://t.me/ORCS_Stablecoin

Thanks Elizabeth. Latest updates now. You can view our technical paper on Starcash realtime unforkable blockchain federation here: https://orch.network/static/docs/starcash.pdf

Here is a link to an article on ORCS Stablecoin powered by Orch Network: https://steemit.com/non-collateralized/@orch/a-non-collateralized-stablecoin-for-powering-the-crypto-economy-as-well-as-to-engineer-an-alternative-anchor-for-cat-bonds

This could be the first killer dapp powered by Orch.
Someone recently asked us this question:  How is the idea monetized? How do the token holders profit?*

Our answer:

1. Increase in token value as Orch is an unforkable decentralized platform unlike most blockchains out there. So ORC will truly
  be a scarce appreciating asset with a growing ecosystem of appcoins and dapps.

2. All Orch (ORC) token holders/buyers having minimum 1Million tokens and more will receive equivalent number of ORCS  
   Stablecoins. Stablecoins are an income generating asset as these stablecoins can be sold for ORCS Equity which in turn can be
   liquidated for ORCS and/or BTC or other liquid tokens and even fiat money of your choice.

Earn free ORC tokens by commenting and voting for Orch at
https://steemit.com/ico/@orch/mzufd-intergalactic-money-the-deep-impact-of-a-self-evolving-infinitely-scalable-general-purpose-realtime-unforkable-public-blockchain

Pycoin has been rebranded as Orch Network URL: https://orch.network

We are continuing our discussions here.

We have rebranded ourselves(Pycoin) as Orch Network. You may visit https://orch.network to view our new website and download the updated whitepaper. We are migrating this thread soon. All bounty participants will receive ORC tokens of Orch Network instead of Pyc of Pcycoin.
Those who have already received Pycoin(Pyc) tokens will receive freshly minted ORC tokens.

fco has not started yet. And w.e.f. May 18 we will call it second round of Orch.Network ICO. Rest of your concerns will be addressed soon.

Good observation. Just wait for our new whitepaper and content at orch.network

@TroubleMaker sure.Please go ahead with translation once we upload new updated whitepaper and content on domain; orch.network. You may reach me at my telegram handle: @Renncolabs  But wait for new content on orch.network domain along with a new whitepaper and then only start the translation works.

@DragonETH we are using the spreadsheet prepared by BluRPie. He is our bounty manager. Since we are rebranding ourselves as Orch.Network and our tokens will henceforth be called ORC (token symbol) instead of Pyc, we have paused distribution of tokens for the time being. We will resume it by end of May.

adding to my previous post. Our Pycoin Pyc ERC20 token has been added to a decentralized exchange: https://classicdelta.github.io
BTW we have forked Ether Delta decentralized exchange for creating Classic Delta.

@Black_bl Please don't spread unfounded rumors here. Your words have no substance.

Hi all, we are in the process of rebranding our Pycoin project to Orch.Network as we will be orchestrating several core internal services as well as external decentralized services of other chains. In addition to this we will be employing Crack programming language as our source language for cyber/smart contracts and Simplicity will remain the target Turing Incomplete language.  A new updated whitepaper, a new website at URL: orch.network and a new article targeting long-term institutional and high networth investors will be released soon. We are going much deeper and more advanced than we originally thought of.

Plus our investment-focused article will constitute a strategic response to the following two papers published in 2017 that attracted huge media attention: 1. An (Institutional) Investor’s Take on Cryptoassets” by hedge fund manager John Pfeffer of Pfeffer Capital and  2.  “Plasma: Scalable Autonomous Smart Contracts” by Joseph Poon of Lightning Network and Vitalik Buterin of Ethereum Foundation.

BTW we have already distributed Pyc EC20 tokens to about 30 bounty participants so far. It will continue now.
And Pyc will be renamed as ORC to be congruent with new name of the platform Orch.Network.

I apologize for my delayed response on this thread. Will keep you updated regularly now onwards.

@Frank.N.Stein please look up our roadmap at pycoin.io

@xda-developer  our answers to your queries:

1.Why Devs have hided behind Pictures? 

Ans: No one is hiding. Some of us are public figures and others are not for strategic and tactical reasons. Those with public profiles are having linkedin links.

2. Does this project has 5 team members only?

Ans: No we are having 17 members now. 5 guys are core developers.


3. As I understand from WhitePaper it is not token, but I dont find any Wallets - could you explain this?

We are issuing ERC20 tokens now which will be exchanged with mainnet tokens later in 2019. Wallets will be developed soon. Please refer to our roadmap at pycoin.io

@albermaze  yes implementing zkSTARK will provide protection against future theoretical threat of quantum computers for blockchain and decentralized platforms.

@crealmaster  the project is very much alive. But we devs could not find time to respond here.

@No we have not created any other thread. We just concentrated on our Pycoin Telegram Chat group.

@bandar yes the project is alive and kicking.


@bircoin our project won't fail. Big investors with deep understanding about future of cryptos and decentralized internet are showing interests and serious discussions are underway in three continents.


@kamiyama so far we just neglected ANN thread as we were not aware of importance of bitcointalk/ANN threads.  But now we are back now and we will be actively engaging here with community members.


@Monkey1 I am gonna ask Max on this and then get back to you soon.

Please relax man. No Pycoin ICO has not started yet. Only PreICO bonus is going on.

No eth being transferred those are being exchanged for btc as part of our treasury management policy to preserve purchasing power in the light of extreme volatility and downward pressures in crypto prices. Some Eth are transferred to other wallets for reducing risks. Plz follow up with my comments in this regard on our Pycoin Telegram Chat Group.

Hi gold969, thanks a lot man! Warm regards from Pycoin team. Yes we are planning for bounties and we have reserved significant number of Pycoin tokens for rewarding bounty hunters and those can promote our Pre-ICO and ICO on various platforms e.g. Telegram, Discord, Twitter, Bitcointalk and so on. Please see the update above along with design and technical features of Pycoin. We will post here details of our Bounty program soon.

You guys are free to translate into any language you want as long as you make sure the essence and central message of Pycoin here don't get lost in translation.

Hi Narita, you are welcome to launch your DEX(decentralied exchange) as a Multiparty Pycoin Secure Smart Contract protected with built-in zero-knowledge protocol layer as we are going to add ZK-STARK to Pycoin soon. This will be incorporated in our new technical whitepaper to be released next Month in February 2018. We have launched an early bird offer for early adopters/backers/DApp developers/investors to pick up Pycoin at a deep discount of 80% to its ICO face value. Please ask us for more information.

Pycoin is a privacy preserving zero-knowledge protocol-based decentralized platform for writing, testing and deploying mathematically verifiable secure smart contracts in Python language that behave exactly as intended.Unlike Etherium smart contracts with a history of repeated hacks and stolen funds, hundreds and millions of dollars, Pycoin ensures that no run time errors or intentional/unintentional bugs can be used as expolits to steal funds and corrupt Pycoin smart contracts. Pycoin can be also used as a platform for launching a number of next generation decentralized applications such as scalable decentralized exchanges(DEXs), automated hedge funds and darkpools.

Pycoin uses Simplicity, a new typed, combinator-based, Turing Incomplete functional language without loops and recursion, designed to be used for crypto-currencies and blockchain applications as its target language and Python, a highly popular and versatile high-level programming language as its source. Simplicity was released recently by Blockstream, an influential decentralized application development company. Owing to its Turing incompleteness, Simplicity is amenable to static analysis that can be used to derive upper bounds on the computational resources needed, prior to execution. While Turing incomplete, Simplicity can express any finitary function, which we trust is enough to build useful “smart contracts” for blockchain and blockchain-free decentralized applications.

In order to encourage Pycoin users to participate, i.e., be online when selected and pay the network cost of operating Pycoin, the system may need to include incentives, possibly in form of a reward mechanism. Designing and analyzing an incentive mechanism includes many challenges, such as ensuring that users do not have perverse incentives.

Pycoin uses initially a directed acyclic graph decentralized network for deploying on a fork of DAG-based XRB(RaiBlocks).
Our goal is to create a platform that enables which can be more reliable and easy to understand and create smart contracts. And Pycoin is a decentralized application for writing, testing and deploying mathematically verifiable secure smart contracts(SSCs) in python language that behave exactly as intended.

In the near future Pycoin will be deployed on a realtime unforkable blockchain codenamed DexOS. DexOS will be capable of processing up to 2 Millions transactions per second and new users can join the network without affecting the network throughput.

Signing algorithm : ed25519+blake2B for DAG-based chain(forked XRB)  and Blake2B for
                                  DexOS realtime Blockchain
Hashing algorithm:  Blake2B for hashing and PoW of DAG chain and for DexOS realtime
                                    Blockchain
Key derivation function: Blake2b for both chains
Block interval: Instant  for both
Total coins planned to be launched: 62,000,000,001
Max Supply (hardcap): 62,000,000,001
Reserved for developers and founder team: 9,000,000,000
Reserved for Bounty Hunters: 2,000,000,000
Mineable or not: Not Mineable for DAG-based chain but mineable for DexOS chain. But the mining fees will paid to peer-to-peer validators/users using mobile smartphones or laptop/desktop machines not to any speacial miner nodes.(edited)
We are implementing a zero-knowledge protocol ZK-STARK for it as a privacy-preserving quantum-safe cryptocurrency. And all Pycoin secure smart contracts will have privacy layer as default option.

Will track your project