GLYFF - Privacy-preserving Smart Contracts


Hello everyone, If you are interested in joining the Glyff project, it's good to read reviews that can help you get information that might help you see their vision and mission, as follows:

Novel decentralized cryptocurrencies allow untrustworthy actors to interact via complex smart contracts, safely and without the need for a trusted third party. The blockchain model guarantees fairness with penalization of the parties in the event of contractual breaches or malicious behavior, and compensation of the honest actors. The current model however completely forgoes privacy: all amounts transacted and the involved parties are exposed on the blockchain. We present Glyff, a decentralized smart contract system focused on privacy. Glyff hides financial transaction details from the public’s view and offers programmable privacy using cryptographic primitives called zero-knowledge proofs.

What is Glyff ?

Glyff is a decentralized internet platform delivering private asset transfers and programmable privacy for smart contracts.

How does it work ?

Adding elements from latest cryptographic breakthroughs to the Ethereum proven design, Glyff balances data privacy and transactional security with computational efficiency, ultimately delivering an easily programmable, high throughput smart contract settlement layer up to enterprise level while enforcing the core principles of the blockchain. Glyff, like Ethereum, allows development of decentralized applications, but with a key difference : the ability of concealing data from the computing nodes. This enables developers to include sensitive data in their smart-contracts, directly on-chain, without compromise on security

The problem

The blockchain is one of the most important recent inventions, enabling business and individuals to instantly send money and information over the internet, without the need for trusted third parties. However, current modelling completely forgoes privacy, with the entirety of data and amounts transacted between parties exposed to the public, whilst most real-world applications - health, financial, IoT, etc - require details of their operations to remain undisclosed and are not compatible with a public blockchain system.

Distribution

  • Initial distribution: 50,000,000 GLY
  • TGE (including pre-sale): 32,500,000 GLY
  • Glyff reserve: 7,500,000 GLY
  • Team and early contributors: 5,000,000 GLY
  • Community and strategic partners: 5,000,000 GLY
Pre-sale phase

  • Start date : 20 December 2018
  • End date : 19 January 2019
  • Token price : 0.11 USD
  • Discount :25%
  • Tokens for sale : 6,500,000

ICO phase

  • Start date : 20 February 2019
  • End date : 22 March 2019
  • Token price : 0.13 USD
  • Discount : None
  • Tokens for sale : 26,000,000


Roadmap

Q2/3 2018
Research starts
Prototyping of MVP consensus node and wallet (Sprout)

Q3/4 2018
Consensus node and wallet (early release)
Private test-net launch

Q1/2 2019
Publication of the first whitepaper working draft (Sapling)
Token generation event
Development and code consolidation
Public test-net launch

Q2/3 2019
Programmable privacy
Security audit
Consensus node and wallet (stable release)

Q3/4 2019
Main-net launch
Developer toolchain and documentation
Mobile wallet (Android/iOS)

Our team


Our solution

We are building a next-generation decentralized platform that enables secure value transfers and smart contract execution, in complete confidentiality and with strong correctness guarantees. Glyff, like Ethereum, allows development of decentralized applications, but with a key difference : the ability of concealing data from the computing nodes. This enables developers to include sensitive data in their smart-contracts, directly on-chain, without compromise on security.





To find out more. You can connect more with Glyff at the link below:



Author : samuraijin
ETH : 0x3f9bb3679f1B71F22d823992078244C87EF4D455

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