Calling all space cowboys and Solidity devs! Our first bug bounty is ready for grab:

>>> https://github.com/comrade-coop/apocryph-dao/issues/5 <<<

Anyone interested in the technology behind the project, not only the token distribution?

We believe Apocryph is the first blockchain that can provide the scalability, security and decentralization needed for making industrial scale applications available. We actually built it out of necessity after trying Ethereum, EOS, Cosmos, and Polkadot, none of which worked for our use cases.

Any developers here who are building DLT applications? Apochryph can save you a lot of time and effort compared to any other blockchain. You can code in C# and Python, instead of using exotic new languages with no community and documentation.

No, we don't have clients All our projects are open source platforms - they have token economies but not exactly a business model.

The coop is designed as a DAO but we still operate it manually through a standard coop governance. That's why, in order to become a fully autonomous organization we will need Wetonomy for our own operations. We have also some specific plans on how to build a whole economy of Wetonomy DAOs, but it's still early to disclose much on this topic. You can check this video to get an idea (although a bit outdated): https://www.youtube.com/watch?v=jOseRuxk7Qk

We are a cooperative, not a company. This creates a lot of specifics, one of them being that the team is fluid and we all work on the three cooperative projects (Apocryph, Wetonomy and ScyNet). For ScyNet we decided to go for a more traditional approach and include a team section on the website, but to be honest it's a bit outdated.

Apocryph is a generic blockchain that might have a wide range of applications, most of which no one can predict at this point, I believe. Still, we have put an emphasis on covering the DAO use case as it's critical for our organization. On the other hand, our work on ScyNet as a high-load computation platform also left it's mark on the Apocryph's architecture and partially that's why we are using Perper as a foundation.

Fully agree with you! The Apocryph network utilizes PoW for key mining - it's a new kind of algorithm where the nodes are required to sign the block with private keys that have specific prefix, similar to what Vanitygen does.

We were considering to reward the validators only with the transaction fees, but some part of the token can be also mined together with the blocks. It can continue forever or stop at one point and thus the early validators will be better incentivised. Another option will be to have a testnet and then reward its miners on the mainnet's genesis block, but not continue with the mining rewards on the mainnet. What do you think - which one of these options would you prefer to see? My concern with continues mining awards is that they create inflation.

What do you think - what will be the best way to distribute the Apocryph token? We are looking for the most decentralized and fair way.

What about an auction similar to EOS? Would you like to join such a distribution event?

Reserved

More than a decade after Bitcoin, the available DLT projects are still mostly exotic toys rather than industry tools. They are usually presented as proof-of-concept implementations and they focus mainly on the low-level functionality like the communication and consensus protocols. As these protocols have matured, we believe the time has come for implementing a generalized consensus network with industry-strength architecture and widely adopted technologies, tools and development paradigms.

Apocryph is built on top of Perper - a serverless stream processing framework that executes Azure Functions Host containers across an Apache Ignite cluster. The programming model of Apocryph is reactive and inspired by the Multi-Agent System paradigm, with agents that can be written in C#, Python, JavaScript or come as a WebAssembly. The state of each agent is stored in IPFS and agreed by the network on a separate chain that runs in parallel with the others.

Moreover, we introduce a novel leaderless consensus protocol, based on Snowball, that provides unprecedented levels of scalability, security, and decentralization. The protocol is inspired by Wavelet and Himitsu, while it fixes their shortcomings by utilizing a King of the Hill key mining scheme, similar to the one proposed by Automaton.

Apocryph is developed by the Comrade Cooperative - a member-owned organization of software developers and innovation builders, that is based on transparency, meritocracy, and self-governance. In the past three years, we are working on two pillar projects around the most important use cases we saw for consensus networks - autonomous organizations with Wetonomy and decentralized AI with ScyNet. Apocryph emerged as a solution to the numerous problems we encountered while we were working on these two projects and now they all form a coherent ecosystem.

We haven’t cleared yet any details on how the utility token of the network will be distributed as we are taking an engineering driven approach and our primary focus is on delivering production ready software. In our GitHub code repository currently you can find a comprehensive prototype covering all the major aspects of the system, including a working consensus implementation.

The project is under active development and we’d love to hear your feedback. What do you think about Apocryph?


Apocryph.Network website
https://apocryph.network/

Comrade.Coop website
https://comrade.coop/

Discord community
https://discord.gg/jkXbKVa

GitHub repo
https://github.com/comrade-coop/apocryph

Documentation
https://github.com/comrade-coop/apocryph/blob/master/README.md

Architecture overview (video)
https://youtu.be/lCiZ3x8IRvI?t=2694