updated details | STRATIS | The first blockchain developed for businesses |Full POS
Stratis at the Blockchain Expo – London, U.K.
This past week has been incredibly rewarding for the Stratis team and our community. Our participation in the Blockchain Expo held in London exceeded all our expectations. We can say today, without any doubt, that it was a resounding success: our booth was outstanding and the quantity and quality of attendees with whom we had the opportunity to interact was truly amazing.
It was also very gratifying to meet so many people that already knew about Stratis and wanted to learn more. We were particularly thrilled by the opportunity of working together in public as a team, and greet and meet in person with members of our amazing community and visitors to our exhibition booth.
From the business perspective we are very pleased to have tested and validated in the real world our assumptions about the Stratis project. We had the opportunity of pitching our project to very sophisticated business people and talented developers, and the response has been simply overwhelming.
These past two days have been some of the best I have experienced, everything I believed about the potential of Stratis has been confirmed by decision makers and many C level executives. (Chris Trew – Stratis CEO and Founder)
We received visitors from all over the world: USA, Europe, Asia. It was amazing to show Stratis for the first time to people from Japan, Thailand, Vietnam, Turkey…
We have established between 20-30 new CEO and C-level contacts from companies ranging from Fortune 500 to small startups. We’ve got very interesting exchanges with representatives from Microsoft, Jaguar, Reuters, Cashaa, AIA Group, RBC Capital Markets, Deutsche Bank, etc. From many of them we have already received follow up notes with the most positive reviews and outlining their expectations of working with us. We have even received the first indications of interest in potential financial backing to our operation going forward. We expect to continue conversations and solidifying these relationships in the upcoming days. Also we are already laying up plans to get started with the development of proof of concept requests we have received.
Similarly, we also had the opportunity of meeting with dozens of senior developers and consultants. We got a deeper understanding of how to better and faster integrate our services into Microsoft’s blockchain offering. We are working on the tech aspects for deeper integration.
Summarizing a really good day lots of nice people, many showed interest in Stratis and I had a chat with the Microsoft guys on project Bletchley. It turns out I worked with their boss a few years back (what a great connection!) looking forward for tomorrow. (Dan Gershony, Stratis Blockchain Lead Developer)
As the event wraps up, we are left with the task of developing these new relationships, with the ultimate goal of converting them into paid customers of the Stratis solutions. We will be informing the community, as our efforts mature and translate into firm partnerships and services being delivered.
Following up, the Stratis action moves to the USA. We expect to have very productive meetings between Stratis senior management and key local players, that will help us lay down the foundations for our expansion into the Americas markets. Our agenda also includes key definitions for the Stratis business model, technological development roadmap and corporate organization.
At the end of February we will be attending and exhibiting at the largest C# Developers meetup in the USA West Coast. Chris, Dan and Poly will be attending this special invitation to bring Stratis to this gathering of almost 1000 top C# developers in the USA. Additionally we will have the opportunity of developing our relationship with the C# Corner community and its founder, and explore business opportunities together in the US.
We are finishing preparations for our participation at the C# Corner Conference 2017 in India. We have been confirmed as Platinum Sponsor of the event and will have multiple opportunities of showcasing Stratis to the largest C# developer community in the world: A keynote presentation by our CEO, a session by Dan Gershony and a workshop on the eve of the event. We expect this event to set the stage for our commercial expansion in Asia, with local partnerships and hopefully a strong developer base in the region.
We want to take this opportunity to thank all the collaborators and team members that have helped us with the organization and preparation of these first steps for Stratis. The support of the community has been phenomenal through these days and motivates us to do more, faster, and better.
Last, but not least, we end the week with the nice news of Stratis being added to the reputed exchange Litebit. You can now buy, sell, deposit and withdraw Stratis at Litebit.
As we usual, we end these notes with a “Stratis Future is Bright! ” Have a nice weekend!
Stratis New Exchange :
Stratis has been added to CryptXC Come and take STRAT out of the stratosphere! https://cryptxc.com/markets/st...
Stratis Breeze Wallet Redefines Financial Privacy for Blockchains
TumbleBit is probably one of the most promising technological advancements built on top of Bitcoin to date. Not only does it offer one of the best — if not the best — privacy related innovations so far, it can also provide significant scaling benefits as a payment hub. The solution is also fully compatible with the current Bitcoin protocol and, most important, it is in an advanced stage of development.
(Bitcoin Magazine , Feb. 2017)
Stratis Group has announced today it is launching an ambitious cryptocurrency project, aimed at increasing financial privacy available to the users of Bitcoin and the Stratis Platform.
The project dubbed “Breeze Wallet” incorporates the innovations brought by TumbleBit to both Bitcoin and Stratis, into a real-world production environment combined with the privacy enhancements introduced by the Full Block Secure Payment Validation system.
Stratis plans to integrate TumbleBit into the Breeze Wallet making it the first Bitcoin wallet that addresses the privacy issues in blockchain transactions, the Breeze Wallet works with the current Bitcoin protocol and does not require any forks.
Stratis Financial Privacy Protocol
The Stratis development team will be extending the Stratis blockchain to support the Stratis Financial Privacy Protocol based on the TumbleBit concept. Our goal is to offer a truly trustless and decentralized privacy protocol on the Stratis blockchain and its private chains, while working with financial services regulators on developing regulatory compliant blockchain solutions utilizing the Stratis Privacy protocol.
Presently there is a huge demand for privacy on the blockchain. One of the main hurdles faced by the adoption of Blockchain technologies in the financial services industry is the privacy of financial data on the blockchain. When the Stratis Financial Privacy protocol is implemented into the Stratis Platform, businesses will have the possibility to use the Stratis Blockchain with a guarantee of privacy from their transactions (payments, records and data). That’s a big advantage over other Blockchain projects.
The team behind Stratis carefully evaluated the different concepts and technological options to deliver a truly trustless and secure privacy solution that would meet the requirements of enterprise and consumers worldwide. After extensive research, it became evident that TumbleBit was the best fit for our future development goals because it is:
Private: Transactions are truly private and unlinkable.
Untrusted: No one (including Tumbler) can steal payments
Compatible: TumbleBit is fully compatible with today’s Bitcoin protocol.
TumbleBit includes (offblockchain) cryptographic protocols that work with the very limited set of (on-blockchain) instructions provided by today’s Bitcoin scripts
The TumbleBit/Stratis Roadmap
A few weeks ago, Stratis put in motion a development plan for the integration of TumbleBit capabilities into Stratis. Having established the feasibility of such an endeavour, we immediately took the initial steps to make this a reality in the shortest term.
To help us accomplish a smooth and speedy process, we secured the services of Adam Ficsor, one of the contributors to the TumbleBit research paper (https://eprint.iacr.org/2016/575.pdf) and the official implementation of Tumblebit NTumbleBit. As a Technical Advisor for the development of a production ready Tumblebit full block SPV wallet in C# (Breeze Wallet), Adam will help us achieve our goal, by delivering a fully functional full block SPV, while also working on the Stratis Wallet framework and the completion of NTumbleBit.
According to Adam:
“Everyone who is not using Bitcoin Core has already had all their addresses linked together by third parties. This is not a theoretical “assume the worst case” strategy, this is reality. The third parties are either the central servers your wallet relies on or in case of SPV wallets all Blockchain surveillance companies.”
Trustless Exchange: Trustless Stratis <-> Bitcoin exchange
The planned TumbleBit implementation not only will speed up and streamline the development of Stratis full-block SPV TumbleBit wallet, but will also make possible to include in it a trustless, secure exchange for Bitcoin-Stratis pair.
Exposure of Stratis to millions of Bitcoin Users
The expected inflow of Bitcoin users towards a TumbleBit enabled Bitcoin wallet offering enhanced privacy, will undoubtedly translate into making it the de-facto wallet for such transactions around the world. This in turn, will represent an extraordinary opportunity to expose Stratis and its platform to all those users, and this will further cement our symbiotic relationship with the leading cryptocurrency and its community.
Stratis Core Development Update
Hello Stratis Community!
We are happy to inform that at this point we consider we are well on track to accomplish our goal of having the Stratis Full Node and Stratis Cloud projects finalized by the end of Q1 2017, with the idea of presenting it at the C# Annual Conference in India. We expect to showcase by then a robust solution, with a friendly user interface and have it sufficiently tested by multiple parties before going into commercial production.
To accelerate the process and ensures we meet our final deadline we have added two new members to our development team:
Pieterjan Vanhoof (@devotion): Pieterjan has over four years of experience as a Full Stack .NET developer. He got interested in Bitcoin around 2013 and since then he has been captivated by the potential of blockchain technologies. He has specialized in development of wallets for cryptocurrency projects and porting Bitcoin functionalities to other cryptocurrencies.
In the words of Pieterjan:
Opportunities in the cryptocurrency universe come and go — at a fast pace. Technologies must innovate at an exponential rate, companies need to adapt at lightning speed and development teams have to stay ahead of it all. I was given the opportunity to join a team at the forefront of this exciting industry and I’m looking forward to the journey at Stratis.
Jeremy Bokobza (@Jeremy):
Jeremy is a top caliber software developer, with a thorough and extensive knowledge of .NET technologies and architecture as well as C# development. He has been involved for more than 10 years in EAI (Enterprise Application Integration) with Microsoft BizTalk Server, working with Microsoft Consulting Services in the Czech Republic and the U.K. He has also been involved with Bitcoin since 2013 and he will be assisting in the development of Cloud Stratis, the Stratis Full Node and the Stratis Wallet.
According to Jeremy: “Stratis shows great promise in the blockchain world and I’m thrilled to be joining the amazing team they have assembled in London.”
Businesses looking to implement solutions based on blockchain technologies will look for companies like Stratis to go from nothing to full throttle and I want to be part of that. ”
Also, we would like to inform the community that, in our effort to differentiate Stratis, offer the most innovative solutions for enhanced privacy and scalability and add value through a Bitcoin/Stratis symbiosis, we have added to our roadmap the further development and integration of Tumblebit into Stratis. Please expect a full press release following this post.
The integration of Tumblebit brings with it a GUI framework and wallet layer, which allows us to accelerate the development of our C# full node GUI, while incorporating the most innovative technology to enhance privacy and scalability. The full block secure payment validation system also provides us a strong framework upon which we can build our Stratis Sidechain capabilities.
To make this possible, we were required to reshuffle development priorities from our original roadmap, as they will now be contingent to finalizing the full node and full block SPV. Therefore, milestones in the roadmap such as Unity integration, Fiat Gateways, Private chains and Stratis Appliance will be delivered at a date to be determined in Q2. We will provide additional updates once we have concluded development of the key prerequisites.
We count on the Stratis community to stand behind the exciting development path we have chosen, in the understanding that it will undoubtedly increase the value of Stratis as a token, as well as Stratis Group valuation as it begins to incorporate valuable IP and high demand features into its portfolio.
For questions and more details, please join our Slack at:https://stratisinvite.herokuapp.com
Stratis Group Announces First Appointments to Its Advisory Board
tratis Group has announced the appointment of its first Advisory Board members,
a group of industry leaders that will help Stratis shape its strategic
vision, achieve exponential growth and tap into market opportunities
Stratis Group has initially identified two critical aspects that should allow the organization achieve steady and sustainable growth in the short term, namely:
a) Setup a strong business foundation, with clear strategic vision, a solid business plan and world-class organization to support it.
b) Fast-track onboarding of C#/ .NET developers onto the Stratis Platform and assist in the integration with Microsoft’s tools and services.
To this aim we have extended invitations to Mr. Cesar Castro and Mr. Mahesh Chand, and they have graciously accepted to join Stratis Advisory Board effective immediately. Following the profiles of Stratis Advisory Board first two members:
Cesar Castro: Board Advisor on Exponential Growth
Cesar is a strategic driver of corporate expansion for over 20 years with extensive experience in multiple high-change environments. He has delivered profitable growth and generated hundreds of millions of dollars in shareholder value in Mobility, Cloud Solutions, Consumer Electronics and Telecom in Latin America and the US at America Movil, Nokia, and Microsoft. Today through his consulting firm, EscalateGroup, he advises leadership teams, boards of directors and founders on trends, innovation and strategies for growth and value creation. He is particularly focused on exponential organizations, start-up innovation and the application of accelerating technologies such as IoT (Internet of Things), Blockchain, Mix Reality and AI (Artificial Intelligence). Committed to improving people’s lives, he embraces innovation accelerators to help organizations and societies unlock their digital transformation.
“I am thrilled for the opportunity to help Stratis Group to set itself as the premier enterprise blockchain as a service provider. At EscalateGroup we are convinced that the Exponential Organization framework will set the right foundations to enable Stratis accelerated growth. We are committed to making blockchain easy and for that, we have formed a very international group of business experts to drive this endeavour”
Mahesh Chand: Board Advisor on Microsoft Developers Outreach
Mahesh is the CEO of Mindcracker Inc., a Philadelphia based Web and Mobile App development company. He is a Director Board Member and Advisory Board Member in different startups and technology companies. His experience includes Software Solutions Architect, Technical Author, 12-time Microsoft MVP and Founder of C# Corner, the most popular online communities for Microsoft developers and programmers. Holding a Bachelor’s degree in Mathematics and Physics and a Master’s degree in Computer Science, Mahesh has written half a dozen books with publishers including Addison-Wesley and Apress.
According to Chris Trew, CEO and Founder of Stratis Group Ltd.: Our new appointments to the Stratis Board of Advisors, will undoubtedly rise our profile as an organization, while bringing into it the best corporate practices and an impressive network of experts and business contacts that will make Stratis exponential growth in the short term a reality. We are truly excited and humbled to have such high profile professionals interested in our technology and organization and look forward to work together with them to maximize results and create a solid, long lasting organization.
Stratis Group Partners with Escalate Group
We are proud to announce that Stratis Group has officially signed a partnership agreement with Escalate Group, from Florida, U.S.A. For the past few months our team has been working with Escalate Group on designing an exponential growth strategy, and we are finally at a point where we feel confident they are the best fit to lead the efforts that will help Stratis Group achieve its ambitious goals in the short and long term.
To this aim we have formalized a partnership and invited Escalate Group’s Cesar Castro to join Stratis Group’s Advisory Board with the idea of moving to the next stages of the implementation of the growth strategy.
Escalate Group will assist Stratis Group on defining a sound business strategy to create the basis of a solid organization, generate business opportunities, increase the company valuation and eventually attract investors.
By partnering with Escalate Group, Stratis gains reach to a world-class team of executives with deep understanding of different business and technology areas and an impressive network of contacts, including finance, marketing, business development, exponential growth and business strategy.
Lead by Cesar Castro, Escalate Group has put at the disposal of Stratis Group a vast network of experts including:
Kent is an advisor in the areas of the application of exponential technologies, technology operations, scalable process and FTI member support. A serial entrepreneur for over 20 years, Kent Langley is also an educator, speaker, father and author. His massive transformative purpose is to Apply Technology for Humanity.
Michal Monit (ExO Community)
Michal lives and breathes ideas. He has a background in energy, engineering & research, but he’s now maneuvering at the intersection of design, innovation, data and entrepreneurship, as an ExO Coach and Consultant. Michal lived, worked and studied in Portugal, Iceland, Japan, US, Poland and the UK. He holds a PhD in Sustainable Energy Systems, from MIT Portugal, is an alumnus of Singularity University’s GSP’12, and a Fellow of Kairos Society and Thousand Network / Sandbox.
Farnaz Ghadaki (ExO Community)
Farnaz is a strategist and innovator with multi-disciplinary skillsets in a variety of industries including space, telecom, wireless, electronic manufacturing, and real estate development. Her expertise include business development, strategic partnerships, product lifecycle management, project management, solutions marketing, and event management. Farnaz serves as Board of Directors, Board of Advisors, and committee member for several non-profit organizations including a Think Tank Accelerator. She has authored several published papers and been a speaker at various global conferences. Farnaz is an alumnus of Singularity University (GSP13), International Space University (SSP11), and University of Toronto (B.Eng).
Olga is Founder and Managing Partner of EscalateGroup. She is an expert on mobile marketing and related technologies, a consultant to content and service providers and independent leader on marketing strategy, online market research and digital marketing. Formerly Olga was Managing Director at FocusMovil, and previously worked in Information Technology Services and Telecommunications. Olga holds an MBA degree in International Business from The University of Dallas, a Master degree in Marketing and a Computer Science degree, both from Universidad EAFIT.
Nayib is the CTO of Netbeam and a Senior Consultant at EscalateGroup. Nayib has over 20 years’ experience overseeing Wireless Telecommunication teams on a global basis, with focus in Latin-American with Nokia products, and Nextel International consultant for deployments in Asia and South America. He has always enjoyed new and innovative technologies that solve real world problems. With a dose of curiosity, hard work, and some luck he has been able to identify and then evangelize innovative technologies throughout his career. From the early days in the wireless industry, to Machine-to-Machine, and now the Internet of Things, he has created and led successful technical teams and business development initiatives. Since 2016, Nayib has been interested in blockchain linked with IoT and other fields to resolve problems that other technologies fall short on.
In the words of Chris Trew, CEO and Founder of Stratis Group: The partnership with Escalate Group has sparked an exponential growth mindset in our organization. The amount and the quality of resources and connections they are making available to Stratis Group is really mind blowing. I have no doubt that with their help we will reach far beyond our wildest expectations in terms of potential growth and increased value for our organization.
Seraph VC to Advise Stratis Group on VC Fund Raising Strategy
Stratis Group is proud to announce it’s currently working with SeraphEscalate Group partners.
Seraph is a private network of global investors and entrepreneurs targeting innovative investment and business opportunities.
Seraph has assisted multiple cryptocurrency projects prepare for, and get access to venture capital funding, which will help Stratis Group narrow its scope and prepare a targeted investment report, while gaining access to the most favorable terms and extended investment networks.
The consultant team that will be working with Stratis Group includes:
Mr. Eremia is a CFA charterholder specializing in equity research (private and public equity), corporate finance and valuation. He has over ten years of equity research experience and accounting, and has prepared equity research reports in a wide range of industries (including but not limited to IT, biotechnology, hi-tech, software, telecom, energy and minerals, consumer goods, financial and others). He has extensive experience in financial modeling, valuation and industry research.
At Seraph he works closely with startups during the due diligence stage and prepares investment reports for investors. The job involves asking uncomfortable questions, questioning the answers, and putting a value on pre-revenue operations.
Kyle Gonzales Senior Director @Red Hat @Mohio ; Advisory Board @APIMATIC
Advisor @Seraph.vc; Advisor @Value Innovation Technologies
Managing Partner at Seraph.vc
Mr. Moline has been a private equity investor for over 15 years, focused on early-stage companies in both the developed and emerging markets. He has invested into nearly 75 private placements and advised dozens of companies over the past 20 years.
Specialties: Capital Markets, Trading, Venture Capital and Angel Investing, Emerging and Frontier Markets Investing.
According to Chris Trew, Founder and CEO of Stratis Group:
“Working with Seraph will help us get a strong VC pitch in place, with solid financial projections and business assumptions that will help to ensure we obtain the best terms and access to a large pool of financing options. We are confident that with Seraph’s assistance we will meet our funding goals.”
Staking Stratis on a Raspberry Pi
We have some great news for all of the stakers of the Stratis network. Two of our community members (@demon and @olcko) have made a guide about how to stake your $STRAT on a Raspberry Pi. Special thanks to both of you! We encourage our community to keep taking great initiatives like this. The guide can be found over here.
The $STRAT token is a Proof-of-Stake (POS) token with limited emission and a low inflation rate. Proof of Stake attempts to provide consensus and double spend prevention. With Proof of Stake, the amount of $STRAT you hold influences the amount of reward you receive.
In return for staking your $STRAT, you get rewarded $STRAT tokens. This reward is offered because you help to keep the network stable and secure. It is possible to stake on almost any device, a laptop a desktop etc. Some of the known issues with using a desktop or laptop are that they are power consuming, hardware performance degrades over time and your $STRAT can be less secure on those devices.
An answer for these issues could be found by staking on a Raspberry Pi.
With the Raspberry Pi you have a machine that costs less electricity, has lower purchase costs, it’s small and its very secure.
If you are planning on starting to stake your $STRAT on a Raspberry Pi (a Raspberry Pi 3 in the guide) you can follow the guide step by step to get started. If you encounter any problems or have additional questions regarding staking on a Raspberry Pi please come and join our Slack and ask away.
If you are interested about the staking rewards and statistics about the $STRAT token, please take a look at our Blockchain Explorer. To work with the latest Stratis Wallet, please go to our website.
Happy staking to all of you and a big thank you to @demon and @olcko and all of you that are staking and helping to keep the network secure and stable!
What is Stratis? significance of The Stratis Project.
We are happy to see new members joining the Stratis project on a
daily basis. Our community is growing and with that come new ideas and
actions to help us improve. We received an excellent piece of writing by
one of our community members regarding ‘What is Stratis’? We would like to share this with all of you.
It’s easy to miss the significance of The Stratis Project. Drowning in hyperbole, the cryptoverse spawns a never ending stream of next-big-things. Bitcoin Killers abound and thousands fall for promises that never deliver. Even so, among the dross, real innovation shines. A handful of projects deserve their top slots while others grow in the subsoil waiting to show the beauty of their form. Stratis is no shrinking violet; the team confident and businesslike. They walk a fine line, avoiding hype, building quietly and spreading the word through provable action. A growing community is witness to the skill, hard work and sharp vision that defines Stratis. This article comes from that community. We can praise where its due and, hopefully, help others see what we see.
Stratis is not a coin but a platform. We all know that bitcoin and the blockchain is going to impact the world in fundamental ways. The very success of bitcoin to-date has fostered a conservative approach to development, leaving room for a small army of visionaries to poke and prod with ideas good and bad in the alt coin space. We are in a golden age of early innovation and yet it is still a geek-fest. We are in the days of punch cards and green screen terminals. To fulfil its destiny, bitcoin and its sisters need designers, business people, financiers and the ingenuity of tens of thousands of non-crypto coders to humanise the space. Like it or not, we need to find our Steve Jobs, our Bill Gates and (if we’re really lucky) our Elon Musk and Jimmy Wales. Without our specialised coders, we would be nowhere but now is the time to lend them a hand – to attract experts from beyond the narrow walls of the cryptoverse – not in their hundreds but in their thousands.
When Chris Trew, Stratis’ CEO approached bitcoin developer Nicolas Dorier for help, he turned him away, uninterested in working on anything but bitcoin. Coming from the corporate world, Chris knew that the boring nuts and bolts behind millions of computers on the desks of businesses around the world relied on Microsoft’s .Net platform and its C# language. He also knew that when MS open sourced .Net and C#, the path was suddenly open to reach out to millions of experienced developers and their partners in design and business. Decades of battle-hardened operations tuned to real-world customer-focused use has formed a global infrastructure primed with easy to use tools that could change the landscape of crypto and help lead to its ultimate destination – the pockets of billions of ordinary people – rich and poor.
It is important to realise that although Stratis aims to bridge the specialised realms of blockchain and the corporate world, it is doing so in the spirit of open source where success is not a zero sum game. This is perfectly demonstrated in the relationship between Nicolas Dorier and Stratis.
After agreeing to talk to Chris and on seeing his vision, Nicolas changed his mind. He had been working for two years developing a complete bitcoin node, rewriting it in C#. A labour of love, he was unpaid and had to find the time between everything else going on in his life. The key to this change of heart? Chris did not want him to work on Stratis. He wanted to pay him to finish the work on bitcoin. Always intended to be open source, in helping accelerate Nicolas’ bitcoin project, Stratis would give something to the bitcoin community and benefit themselves from all Nicolas’ work in the two previous years. On completion, they would clone the software, rapidly accelerating the Stratis project beyond anything that could have been achieved without such open-minded collaboration.
There are two main parts to the Stratis Project. The platform itself is complemented by the formation of a company based in London. The Stratis Group is a consultancy, intended to help companies with blockchain ideas realise them quickly even as blockchain expertise is thin on the ground. By providing a suite of tools and apis, Stratis allows an entity to concentrate on what they are good at knowing that the security of the blockchain side is rock solid through the same algorithms used to secure bitcoin.
In consulting with various projects, some may require a completely separate chain. In this case, the value to Stratis token holders will be indirect. However, free to take on board innovations produced by other crypto-projects, Stratis is able to fast-track code to enable scaling, side-chains, segwit, LN, POS and other advances not yet invented. In many cases, a dedicated side chain might make sense, requiring Stratis to be bought on the market and locked for the duration of the project. To cater for companies large and small, Stratis is building a cloud solution similar to Azure, making BaaS a one-stop solution for any company to experiment or run a project to completion on the Stratis ecosystem.
It is easy to be ambitious but how do we know these guys are capable of making this happen? After all, the code is open source. Anyone can copy it – and they will. To those already following their progress, this is a no brainer. Step-by-step Chris and his team constantly impress. With modest resources, they have shown themselves capable of forming partnerships and moving with a speed that would shame others with bags of cash, half the business intelligence and a fraction of their drive. In the past few months, they have so far:
• Completed the Stratis Full Node (on test)
• Occupied a booth beside MS at London’s Blockchain Expo – engaging with key business players leading to follow up meetings in UK and US
• Given a talk at The Blockchain Event, Ft Lauderdale, USA
• Been added to MS Azure
• Become an official coin on Ledger Hardware Wallet with no fee paid for inclusion
• Recruited extremely impressive advisors to their board. This includes Cesar Castro, founder and managing partner of Escalate Group and Mahesh Chand, founder of C# Corner – a forum for C# developers with over two million members.
• Secured a coveted key-note slot at one of the world’s biggest C# conferences to be held in Ghaziabad, India mid-April
It is interesting to note that the team was surprised to find that although many developers beyond the crypto fringe knew of bitcoin, few had any idea how it worked or the potential for innovation it presented to them. This bodes well for the C# conference. If they are able to convince such a body of sharp minds that this is something worth paying attention to and at the same time give them the tools to ease their path, the resulting opportunities could be enormous.
To help in this phase of their mission, they are preparing a number of proof of concepts they can demonstrate there and to future clients. From Steem-like social platforms to privacy-based wallets, customer-focused products become much faster to develop using Stratis.
There is nothing like doing it yourself to prove that your mission lives beyond mere words. As many confuse the need for privacy with nefarious deeds, no serious organisation would think of exposing confidential data on a public ledger. The need for privacy is evident in the many anon alts out there but bitcoin has been able to do this for some time. For many reasons, it has not happened so far in a package that’s usable to normal people. To push this along Stratis has agreed to build a front-end for Tumblebit, a project conceived and built as another labour of love by talented coders helping to build the bitcoin economy. The result will be The Breeze wallet.
Scheduled for completion around May 2017, bitcoiners will be able to download the Breeze wallet and use it to afford a high degree of trustless and secure transactions with privacy built in. Importantly for Stratis, the same wallet will be used to transact with that coin, too. Not only will this help bitcoin, it will expose Stratis to a potential user-base otherwise beyond its reach. In the same way that Tumblebit can swap respective coins to ensure privacy, so too, they can be used to swap with each other, providing a gateway between each coin should users find that useful. Once again, Stratis demonstrates that this is not a zero-sum game.
Recognising that praise coming from those you respect is more valuable than any other, here is a quote from nopara73, Tumblebit’s backend developer:
“I am not sure I’m the right person to answer that message, but here it goes. First note I am not a part of the Stratis team, so I am not obligated to follow the company rhetoric. But I had the idea of asking them to contribute to Breeze, because I suspected their team is probably the most competent team when it comes to C# and Bitcoin. Now I am working with them for a couple of weeks and I can say they are really working their asses off, GitHub is the proof, but also I was right on the competency question, too. I was also amazed by the professionalism, not seen in other cryptocurrencies. However I have to admit I know nothing about Stratis as the cryptocurrency, I’m too busy to catch myself up and I don’t have much interest in cryptocurrencies, other than Bitcoin. That being said I bought a significant amount of Stratis. I mean it’s not rocketscience to speculate when Breeze gets used by most of the privacy focused Bitcoin users, and they’ll have a one click convenient way to trade btc strat back and forth, that’ll have a positive pressure on the price, plus I am confident about my work, too. Bitcoin wallets are the path to customers. An altcoin implementing an innovative Bitcoin wallet is a win-win. To sum up, I am not interested in altcoins, but I am not that stupid to refuse free money when the opportunity presents itself.”
No-one can predict the success or failure of any project but we go a long way if we manage to cut through the clutter to see its vision and potential. We are often quick to latch on to something we recognise as important to the exclusion of all else. For this reason, on seeing that Stratis will have in-built privacy, some may think it is an anon coin. In targeting corporations, others might see it as tool for financiers, or fuel for the next dotcom hype wave or a bridge to gaming and VR through Unity (built with C#). While all of this may or may not come to pass, the real thing we need to keep in mind is that Stratis is not intended to be a single feature app. It is a platform cleverly constructed to marry the dynamic, exciting limitless potential of the blockchain with the powerful tools and experience already out there in the real world. It will do this with an open and collaborative mindset coupled with astute business sense. That is as powerful as it gets.
Special thanks to our community member (‘Stratisfied’) and thanks to all of you that are supporting us. For more information about Stratis take a look at our website.
Stratis Bitcoin Full Node in C# Goes Live
Stratis Group Ltd. announced this week that it has officially released the Alpha version of the Stratis Bitcoin Full Node. Built on Stratis Mainnet, it will give developers from around the world, the possibility of building the most advanced blockchain applications by incorporating capabilities from the Stratis Privacy, Security and Identity Protocol.
Building the Blocks
Stratis has adopted a modular approach to the development process of the Stratis Application Framework, a streamlined approach for faster and incremental releases.
On this regard, the Stratis Bitcoin Full Node plays an essential role as the foundation upon which other modules of the Stratis blockchain solutions can be easily and rapidly assembled into the most basic demo or the most sophisticated financial application.
This update released from the Stratis Development team includes the addition of key components to the Stratis Bitcoin Full Node, namely:
In addition, the Stratis Full Node has been activated on the Mainnet, providing a full SDK that allows developers to start testing their blockchain apps on live blockchain conditions.
Stratis Privacy, Authenticity and Identity Protocol
Currently under development, the Stratis Privacy, Authenticity and Identity protocol, includes capabilities inherited from the Tumblebit integration into Stratis, such as, enhanced privacy and off-chain transactions support.
Stratis plans to release several proof-of-concept projects this year, together with some strategic partners, in which to showcase these advanced features. The Stratis Privacy Protocol, an integration of the Tumblebit on the Stratis Full Node and Bitcoin networks, will be the first proof of concept offering a long awaited enhanced and secure privacy solution for cryptocurrencies. Currently being implemented into the Breeze Wallet, Stratis plans to extend its application to authentication and identity solutions for the enterprise and major corporate clients.
These implementations are not only positive additions to the Stratis portfolio of technological advancements, but also will serve as a production environment where latest improvements to the Bitcoin network can be tested.
Integration with C# and .Net Core Tools
Written with C# and .Net Core developers in mind, the Stratis Bitcoin Full Node opens to developers from around the world the opportunity to start developing blockchain applications within a familiar environment for them and their clients. If you are a C# developer, and would like to start coding your first blockchain app, we invite you to join our Slack. Our developers there will be more than happy to guide you and help you get started with the installation and operation of the Stratis Bitcoin Full Node.
We also want to take this opportunity to invite developers to attend our presentations and meet with us at theC# Annual Conference in India. This is one of the major C# / .Net developers events in the world, and we are thrilled to be presenting Stratis to such reputable audience.
A Blockchain is made of many components, from a Full Node that validates blocks to a Wallet that tracks addresses. Our objective is to offer a set of Nuget packages, from which an implementer can cherry pick what he/she needs. On this regard, we have made available a Nuget for the Alpha Release that can be found here.
The Road Ahead
The Stratis team has plans to add many more features on top of the Stratis Bitcoin Full Node. Starting with a sleek GUI for Stratis Wallet (due in aprox. 4 weeks) and later for the Breeze Wallet (due in aprox, 8 weeks), we are methodically putting together the pieces for the most advanced features to be offered on the Stratis Platform: POS/DPOS, Sidechains, Private/Permissioned blockchain, Compiled Smart Contracts, etc. These features, will undoubtedly bring us closer to offer purpose-built Blockchain solutions in a very short time-frame.
Included in this release (V1.0.1-alpha)
- Stabilizing the consensus validation and block download code.
- Signaling of new blocks and transactions that are discovered on the network.
- Block Store is stand alone:
- Store can respond to GetData payloads enabling FullNode capabilities.
- Push blocks in batches to disk.
- Download missing blocks from the network (catch-up mode).
- Broadcast blocks to peers using Inv or Header payload
- Cache store for faster block reads.
- Memory Pool:
- Async lock free implementation of the memory pool.
- Logic and tests pulled form core.
- Broadcast transactions to peers.
- Fee estimation.
- Introducing the Builder Pattern:
- Build a full node in an easy and familiar builder pattern in a modular approach.
- Support for creating new features inject-able to the full node.
- Dependency Injection
- Adding many more unit tests
- A separate integration test project
- Full Block SPV
- Laying the grounds for a full block spv (for Breeze wallet)
Project Repository:https://github.com/stratisproject/StratisBitcoinFullNode/releases/tag/V1.0.1Getting Started / Installation Guide:https://github.com/stratisproject/StratisBitcoinFullNode/blob/master/Documentation/getting-started.md
We would like to thank Nicolas Dorier for all of his work for the Stratis Bitcoin Full Node. Also we would like to thank our other team members Dan Gershony, Pieterjan Van Hoof and Jeremy Bokobza for their outstanding work on the different modules. Special mention to our collaboration with Adam Ficsor as well as other participants from the Tumblebit project, which have been actively supporting the implementation. And last but certainly not least we would like to thank our community members for helping testing the Stratis Bitcoin Full Node and providing support to our team.
STRATIS - Learn About Stratis in the New Wiki
Good news for all us! On occasion of our participation at the C# Corner Annual Conference 2017 in New Delhi, India, we would like to present the first version of the Stratis Wiki.
Brought to you by the efforts of our Stratis Academy in collaboration with members of our community, we have put together a basic structure of what we expect to be the most fundamental repository of documentation and research of the Stratis technology and developments. This will be a welcomed tool for the countless developers we expect to make aware and onboard on the Stratis Platform in the years to come. We consider this a fundamental instrument in making available technical know-how for developers wishing to explore our technology, services and capabilities.
We expect it will also be a nice source of information for our existing community members, as well as new comers and investors interested in learning the specifics and the business applications and potential of our technology. The new Stratis Wiki can be accessed here: http://bit.ly/StratisWiki
We invite our community to use it and propose comments and amendments. To this effect we are opening a #stratiswiki channel to the public in our Slack where you can initially post your comments and suggestions. There will be bounties and special recognition to collaborators and for those who help us put together informative and technical articles for the Stratis Wiki.
Thanks to Phil (@daddy) for his effort and help putting this together. Also @alpho2k, @dlow, @khilone, @krushang and other members of the team & community for your help with this.
Stratis (STRAT) announces first ‘Master Nodes’
Stratis Group Ltd. has just revealed initial details of the upcoming
Breeze Nodes infrastructure release. The blockchain company, that has
created one of the most innovative cryptographic tokens – Stratis ($STRAT).
Will soon be offering an economic incentive to node operators to
participate in securing different types of on-chain and off-chain
transactions for the Breeze Wallet. As well as for blockchain apps and services for corporate clients.
The first iteration of the Breeze Tumbler Node (often referred to as a “Master Node”) will see their application supporting the Breeze Wallet, where they will help execute Bitcoin and Stratis TumbleBit transactions. These will have hybrid functionality running both Bitcoin and Stratis full nodes that provide additional services to the network.
There will be future releases of other forms of Stratis Nodes providing functionality, such as:
- Payment Node – Payment Channels
- Side-Chain Node – Hybrid Side chain special features
- Identity Node – Identity management node
A Breeze Tumbler Node can be operated by anyone that meets the minimum protocol requirements. Some of those requirements include:
- An operator will be required to sign a transaction with an account that has 250,000 STRAT or more.
- For BTC tumbling transactions, an operator will also need to have 5 BTC or more held in reserve to be able to process payments. The more bitcoin held in reserve, the more payments theoretically can be processed.
- Server hosts will need to provide a minimum amount of storage capacity (details TBA). It is recommended that your Breeze Node be available 24×7 in order to opt for the most transactions and potential fees.
Breeze Tumbler Nodes will operate in a totally decentralized and trustless manner, meaning that no one can steal the funds trusted to the network. Additionally, the STRAT required to operate a node can be stored on a Ledger Wallet or on offline backup. The private key to the users STRAT address is only required during registration with the Stratis Node network.
The BTC in reserves will need to be in a wallet on the node, as it is required to sign the transactions when processing the tumbler transactions.
Full instructions and documentation will be released in due course and made available via the Stratis Wiki. The intention is to make it near one-click, so operators do not have to deal with configuration files. Our developers will be ready to assist you with any issues you may encounter.
Rewards to the Breeze Node operators will be paid in the form of a transaction fee (estimated at 1%) paid by Breeze users directly to the Breeze Node that processes their TumbleBit transaction. This fee amount and its distribution may vary for specific implementations of the Breeze Node depending on the type of applications and services.
Depending on the operator’s jurisdiction there may be legal and tax related specific requirements and/or restrictions. We highly recommend all operators seek proper advice before operating a Breeze Node. This is a decentralized network not managed, controlled or administered by Stratis Group Ltd.
The Breeze Tumbler Nodes are expected to go live before the end of Q2 2017, by the time of the release to production of the Breeze Wallet.
The Stratis Platform Q&A
On the 19th of April, Stratis Group Ltd held an amazing Q&A hosted by Heidi.
Stratis was represented by Founder / CEO Chris Trew, Director of
Operations Policarpo Guerrero and Stratis Blockchain Developers Dan
Gershony and Jeremy Bokobza. The following is an excerpt of the main
topics addressed dutring the conversation. Some texts may have been
added for additional information, links and added clarity. We would
like to thank Heidi for hosting it and also like to thank the community
for sending in all of their questions on Slack and Twitter.
C# Corner Conference
Chris, Dan and Krushang went to New Delhi in India to speak and present Stratis at the C# Corner Conference. Looking back at it, it definitely feels we helped to spread the word on Stratis and the Blockchain to all the developers. The main thing we took away from the conference was building relationships with several people at Microsoft. One of those relationships was with Magnus (Magnus Mårtensson / Twitter: @noopman) , who is a Microsoft MVP of Azure and a regional director at Microsoft. Magnus works closely with the Azure team, so it was brilliant actually speaking with him, catching up, and letting him know exactly what it is we are working on here at Stratis. He seemed very excited by the potential of Stratis. We also made some connections with the Indian Regional Director, and we had some great conversations. Some ideas came up about what we could do together and how we can promote Stratis in India.
Project Breeze / Masternodes
A lot of questions from the community were about Project Breeze and the ‘Masternodes’. We are happy to finally share the requirements to run a master node with all of you. The requirements for a master node are 250,000 STRAT. The 250,000 Stratis requirement for the master node is not something that we put in place. It’s something that is dictated by the technology. Tumblebit works best with a smaller number of servers. It provides privacy through obfuscation. If we have a large number of servers, the technology just will not work, so it’s not something that’s been put in place because we want a whale club or because we want to reward the large holders of Stratis. This is a technical requirement that’s in place. We’ve said we don’t want more than twenty nodes, and by having this minimum amount of 250,000, we hope to never go above above that amount (twenty servers).
There’s going to be several master nodes in the future that provide functionality across the Stratis Platform, and our goal is to have a node tier for every level of holders, so that even people who have a 1,000 Stratis, 10,000 Stratis or 100,000 Stratis can run a node as well.
Bitcoin and Stratis
In the Q&A we were asked if we would consider Stratis potential competition for Bitcoin, or if it is complementary to Bitcoin? We would definitely say that we complement Bitcoin. Our standpoint on it is that every other blockchain technology and start-up out there is in competition, but Bitcoin is not. We want the Stratis blockchain to be seen as somewhat of a test-bed for Bitcoin, so we’re going to be implementing a lot of the improvement proposals being suggested for Bitcoin that haven’t been implemented yet. What we’re hoping for is that the Bitcoin Core guys are going to look at the Stratis blockchain and see we have a reasonably sized market cap, and we’ve implemented this technology, and its working, in production, and say “do we need to think about bringing it over into Bitcoin?,” and visa-versa. We’re going to be bringing over a lot of the features implemented in Bitcoin over to Stratis, so we would definitely say we’re not trying to compete with or replace Bitcoin, but rather, we’re trying to complement it.
Stratis and Ethereum (Smart contracts)
So another question we got and have been asked frequently is what is the difference between Stratis and Ethereum? Well Stratis is built from the Bitcoin blockchain. And also, we plan to offer a slightly different smart contract model from what Ethereum is doing. All of the smart contracts from Ethereum are running on the Ethereum blockchain, but we will probably separate that to where smart contracts will run on sidechains or linked chains only.
That provides various benefits because smart contracts that are run on the sidechains will not bloat the main chain. As far as the difference between Stratis and Ethereum, Ethereum is built around touring-complete smart contracts, and that is their main focus. Stratis is more of a platform, and instead of building our platform around smart contracts, we’re going to be building it around basically all of the main innovations in blockchain technology. We want to be a one-stop-shop. We don’t ever want a company to need to have to go to another provider because we provide everything on the Stratis blockchain. Plus, there is the Stratis Consultancy. We can actually come in, analyze your requirements, go away, create designs, applications, application designs, architectural designs, and work with your in-house developers. You can outsource the whole development to Stratis. So, we are providing that enterprise managed service behind this blockchain solution, and that’s definitely one of our main differences to Ethereum.
There is also a benefit to having C# developers writing their own smart contracts in-house. There’s no barrier of language, or smart contract language, like Solidity. You’re just letting your already existing team of developers build on top of the Stratis Platform.
Regarding to the smart contracts, is that ours are in C#, so that as soon as we deliver these smart contracts in native C#, ten million C# developers around the world will be able to start writing smart contracts. They won’t have that whole learning curve of learning a totally new language. There’s another side to the coin as well. Because it’s in C#, which is a well-known and mature language, there’s millions of developers around the world that can audit the code of the smart contracts and look for any issues; whereas, with a new language, you have that learning curve, so you’re going to have to wait until there’s enough developers that have learned this new language in order to have that audit trail, but we’re going to have it out of the box.
Increase of value of the $STRAT token
The past few weeks the price per $STRAT has significantly risen. We think several factors have caused the increase in value, but the main one is just the realization of what we actually trying to build here. With Stratis, we like to think we overachieved, so the valuation is sort of following the progress of the projects. We are very open and visible in our development. You can come in into any of our development channels, and every time a commit is actually committed to one of our repos, it automatically posts a message in the development channel. People can constantly see the development take place. We are not just an “alt-coin.” We are well beyond that stage. Now, we are building a huge organization behind this project. We’ve got a great team of advisors and consultants advising us in the background, so a lot of what people see, a lot of these good moves we are making, are not just down to Chris or Dan. There is so much input coming into these decisions.
Chris Trew: As far as I’m concerned, we have not seen really anything yet. We are just getting started. We are in first gear.
Any of our assets will probably be deployed on our sidechains. That’s the most likely thing to happen and it’s definitely tradable. One of our main goals is to get the Stratis Platform deployed on some exchanges, and that will definitely prove its capabilities and technology, and show its technology’s strength.
Sidechains come in many flavours. Basically, it’s down to the implementation of the sidechain, what kind of mining algorithm they want to run, and they will have a variety of algorithms to run that we already have implemented in C# available to them, from PoW (all kinds of algorithms), PoS or Hybrid (PoW+PoS), or even what we would call proof of authority, where masternodes will actually be validating blocks on the sidechain, so the sidechain doesn’t need to worry about the security or the mining aspects, and it’s all taken care by the masternodes, and obviously, masternodes can collect fees for that work.
We expect Stratis to be self-sufficient within the next twelve months, but we’re going be raising ‘Series A’ funding within the next two months, so we are going to have an injection of capital. We’re not worried about funding at all. We didn’t even spend half of our funds, and we delivered on practically all of our promises that we’ve made up until this point, so we are in a very good position, and also we have a huge amount of Stratis available for development, which is actually worth three times as much in comparison to the bitcoin we hold. So, as far as funding is concerned, we are not concerned at all. We’ve got funding to see us through for, probably, the next four years, but we hope that in four years, we’ll be a whole different organisation, a huge multinational,or a conglomerate even, so we’re not concerned about funds at all.
One thing I would like to speak about is at the moment we are defining our pitch-deck that is going to be used for the VC-funding, and for the ‘Series A’ funding, so we will have a pack that will go out to VC firms, and it will have all of the information about Stratis: our business plan, revenue model, budget plans, and all of the information that is required, and we actually made quite a big shift on our focus because it was all built around Stratis as a company and our blockchain as a service (BaaS) offering.
When the guys were giving him the final pitch, for the final approval, he actually stopped them in their tracks and said that we are not talking about one of the exciting things about Stratis, and that is the Stratis Token and the Stratis Blockchain. So, now what happened is that we’ve made a complete shift, and our whole business and consultancy is all built around the token, the benefits of the token, and its quite large market cap that we’ve got surrounding this blockchain, which gives it economic security because of the amount of money actually involved, so I think when people actually see the pitch that is going out to the venture capitalists firms, I think they will be very happy because I know some people have concerns about; ‘Okay so you have Stratis Consultancy, but how does it add value to Stratis as a token?’. Well I can tell everybody now, we’re building the Stratis Consultancy around the Stratis Token.
Originally, the idea for Cloud Stratis was that it would be an orchestration platform, and we will build our own data-centre environment. In our visit to the C# Corner, we spoke with Magnus Martensson, regional director at Microsoft, Azure MVP, probably one of the greatest minds out there around Azure, and Azure Consultancy. We had a great chat with him about our Cloud Stratis platform, about our approach, and I can tell everyone now that we are no longer deploying our own data-centre solution. It’s going to be built on Microsoft Azure. We are currently working with the Microsoft Azure team on that approach and exactly how we can get that there, and for the first time since Stratis was started, we starting to feel real support from Microsoft.
The road ahead
As far as long term vision, we want to cement ourselves as the go-to platform for enterprise organisations. If an enterprise organisation is looking at blockchain technology, we want Stratis to be the first name that comes up, and we do have a long road getting there, but we are definitely in a very good position at this point, and we are building the organisation behind Stratis. We are building a development team, the marketing, promotional strategies and growth hacking strategies behind it. All of this is sort of played in the small amount of success that we´ve seen so far. We´re not even in first gear. We´re really not. No one has seen anything yet. There is so much more to come from the Stratis Project. Once we start delivering our tech, and people can see and feel each aspect, I expect there will be many more happy days for us.
The above is only a ‘small’ part of the total Q&A. So we encourage all of you to watch or read the Q&A. Our community members ‘freeme62410’ and ‘snappaz’ have made a transcript of the Q&A, you can find it on our Wiki. You can also look back the video Q&A.
Chris Trew: My goal is top three market cap. I see anything else as a failure, so the future looks bright.
How to Secure Your STRATIS Tokens
In today’s digital world, we are seeing extremely clever tactics being used to subvert the security systems in place that are supposed to protect us. Hacking and theft are becoming an increasing threat, so what can one do to protect themselves and their digital currencies? With the value of Stratis growing at such a rapid rate, there is high incentive for people to try to steal your Stratis Tokens, so you must use extreme caution when storing them. If you are storing a large number of $STRAT on a device, securing your tokens safely should be your primary concern. While there is no perfect system for securing your $STRAT tokens, there are some steps that you can take to help prevent any malicious attempts to steal your tokens.
- A basic rule of thumb for anyone using a computer connected device is to NEVER click on any links in which you are not 100% certain of its authenticity. You do not have to give permission to download malicious software. Any link that you click on in any e-mail or on any website can subject you to unknowingly installing a malicious add-on, program, virus or key-logger into your device. This rule of thumb is important for any device, but it’s absolutely imperative that you follow this rule when you are using any device that stores the private keys to your $STRAT (your wallet). Remember: If you are not sure, don’t click it!
- If you are storing a large number of tokens, a valuable solution to avoid theft from your devices is to have a dedicated device (or devices) that are only used for storing or staking Stratis Tokens. That would mean that you do not use the device for any purpose other than initiating transactions, verifying your balance and staking your coins. It is recommended that you factory reset or install a fresh copy of your operating system to this device before installing your wallet. In addition, it is HIGHLY recommended to refrain from installing any third-party software or browsing the internet from this device.
- Be absolutely sure that any USB devices that you plug into your device are not infected with malicious software. The best way to ensure this is to completely format your USB stick and only put trusted files in it (after formatting) to transfer to your device.
- If you are storing and/or staking your tokens on a Raspberry Pi, please be sure to follow all of the directions from the wallet guide found on the Stratis Platform Wiki. In this guide, you will find instructions on how to setup your firewall and secure the RPI properly. You can find a link to the guide here.
- You can split up your tokens across multiple wallets and devices to reduce the risk of a hacker gaining entry to all of your tokens in the same place. Just be sure that all of the devices are secure.
- Encrypt all of your wallets, and use very strong passwords to keep them secure. While this will not help if you are infected with a key-logger, it will help protect you against brute-force password cracking techniques. Use a mixture of upper-case and lower-case letters, numbers and characters. Long and difficult passwords are recommended, as they harder to crack.
- KEEP YOUR PASSWORD SAFE! Make sure you keep a copy (or copies) of your password in a very secure location. Store it as though all of your tokens depend on it because that is exactly the case. Be very prudent concerning your password because if you lose it, you will lose access to all of your coins, and if your password falls in the wrong hands, they can be stolen.
- Hardware failure is very common across all devices, so it’s imperative that you backup your wallets. Store copies of your backups in the same cautious manner as recommended with your passwords. Common practice is to keep your backups on fresh USB sticks stored in safe locations such as fire-proof safes, safety deposit boxes or with someone you trust. As always, use your best judgement. Remember: the password that was set at the time you created that specific backup will be the password you must use in the event you need to restore your wallet. Instructions on how to backup or restore your Stratis Wallet can be found here.
- One of the safest ways to store your coins is via “cold-storage.” Hardware wallets have become a popular, trusted and highly secure form of cold-storage. The Ledger Nano S and Ledger Blue are both compatible with Stratis Tokens and they require you to physically press the buttons on your device in order to confirm any outbound transactions from your wallet.
Keeping all of this in mind, please use good judgement and safe practices when dealing with any form of digital currency. It is recommended that you do not store large amounts of Stratis on exchanges, and always use 2FA (two-factor authorization) for any withdraws. While the Stratis team takes the security of the network as an utmost priority, it is up to you to be vigilant in keeping the tokens safe on your devices. Be very deliberate in securing your valuable Stratis Tokens. Thank you for being a part of the Stratis Platform!
Stratis Miami Roundup
During the past week the Stratis top management gathered together with advisors, consultants and subject matter experts to discuss strategy and major projects. We had very productive sessions to align our strategy and our execution for the exciting times ahead.
Some of the topics covered during our meetings include:
- Evaluated and approved roadmap and future platform architecture. We will provide a snapshot shortly.
- Approved initial plan, proposal and pitch for VC funding.
- We agreed to further discuss terms and initiate submission to BanktotheFuture and another unnamed VC group, after receipt and final approval of deliverable.
- Working already with one unnamed VC to secure funding. For the next few weeks we’ll be working on adjusting valuation and negotiating terms.
- Evaluating new options to target blue chip VC funding to invite them to participate in funding as well.
- Aligned Cloud Stratis and Azure efforts. Approved strategy towards MSFT. We are in talks with the Azure team to get Stratis Solutions Azure Certified as a first step in collaboration. Will be putting more resources immediately on Azure deployment to execute Azure strategy. Hiring Azure Developer.
- Discussed and approved go to market plan 2017-2018
Additionally we had a very productive round of meetings with market experts that provided great insights and opened up right away amazing opportunities for Stratis:
Magdalena Ramada S (https://www.linkedin.com/in/magdalena-ramada-sarasola-phd-73560210/)
Follow up: PoC / potential partnerships
Marshall Swatt (https://www.linkedin.com/in/marshallswatt/)
Follow up: Advisory role / VC Funding Consultancy
Stay tuned this week for more details as well as news on development of the Stratis Platform.
The Stratis Team
Stratis (STRAT) Feel the Breeze: Testers Wanted
The above GUI Breeze Wallet image is just a mockup and some features may not be available by the time of first public alpha release.
Breeze Wallet Enters Pre-Alpha Testing
Today we are proud to announce that we are making Breeze Wallet available for testing as a pre-alpha version to a limited audience of developers and aficionados.
For your convenience in helping us with our development efforts we have packaged this pre-alpha version as a virtual machine with all the required components. This includes some pre-installed software as well as the code for Breeze already cloned to /home/stratis/Breeze.
The Breeze Wallet Pre-Alpha Virtual Machine can be downloaded here: https://drive.google.com/open?id=0B_Qu-_EEnEfDR3o5R24wV0FPLUU
Note: This download location is temporary for testing versions. Downloads for final versions will be made available from our own servers and domain locations.
Instructions: 1. Download and install VirtualBox: https://www.virtualbox.org/wiki/Downloads 2. Download “Stratis dev — Ubuntu 64-bit.ova” from: https://drive.google.com/open?id=0B_Qu-_EEnEfDR3o5R24wV0FPLUU 3. Import the VM: Open VirtualBox. Click File | Import Appliance. Locate the .ova file. Click Next. Review the Appliance settings. Click Import.
Log in with username ‘stratis dev’ and password ‘1234$abcd’.
1. get the latest version of Breeze: execute ‘git pull’ from a terminal window in “/home/stratis/Breeze”
2. run the API providing the back end to Breeze: execute ‘dotnet run’ from a terminal in “/home/stratis/Breeze/Breeze/src/Breeze.Daemon”
3. run the wallet’s GUI: execute ‘npm run start’ from a terminal window in “/home/stratis/Breeze/Breeze.UI”
After following these steps you will be able to go through the process of creating a wallet. Once you’ve decrypted your wallet should see the following:
* This is a work in progress test template. Not final UI /L &F
For any questions, don’t hesitate to talk to us on our Slack (bookmarked in Firefox) in the #breezewallet channel. For bugs, either tell us directly or fill an issue on GitHub (bookmarked in Firefox).
Thanks for your support and we look forward to hearing about your experience with the Breeze wallet
The Stratis Team
Stratis (STRAT) Mission Consensus 2017
We took the opportunity of the gathering of blockchain entrepreneurs, developers and investors at Consensus 2017 to kickstart our funding activities for the BaaS and consultancy areas of our business. It proved to be a very timely decision as the show was pretty much a showcase of existing and upcoming ICOs and many other business opportunities available to us in the market.
As we have mentioned a few days ago, Stratis Group Ltd. has secured the services of renowned blockchain entrepreneur Marshall Swatt, initially in the capacity of Strategic Advisor, to help us evaluate the different options we have been presented and the new opportunities and challenges. His first task – help us evaluate a series of proposals and perform due diligence on some of them with the goal of determining their suitability to our business goals.
Based on his initial assessment, we feel very optimistic about the frameworks and legal support offered by platforms such as Argon Group – recommended to us by Blockchain Capital’s Brock Pierce, read more herehere.
At the same time, we are also performing due diligence on BnkToTheFuture (very attractive in terms of reach and capabilities) as well the traditional VCs that have presented investment offers (such as Seraph.VC and others). With all these opportunities we feel confident that shortly we will be announcing a final selection and officially open our funding round.
On the regulatory side of things, we also had some very interesting meetings with experts and practicing lawyers that will help us sort out present and future legal hurdles we may face. We are following up conversations to secure the services of world class experts, including a former US Securities and Exchange Commission (SEC) prosecutor, as well as specialists from very prestigious global legal teams in the areas of investment, corporate governance and intellectual property protection. All this, is done with the idea of guaranteeing a solid legal framework that reassures investors and customers of the stability and sustainability of our operation in an environment of rising compliance challenges.
In the next few weeks we will share with the community more details on how things evolve on each of these important areas. Stay tuned!
Stratis (STRAT) Mines 1st POS Block in C#
We wanted to share with you a major milestone achieved by Stratis development.
We are happy to announce that we have mined the first Proof-of-stake block on the Stratis testnet blockchain utilizing our C# Full node.
This is the first documented and tested instance of a Proof-of-stake blockchain block mined in C#. Now the developers will combine the full node with the wallet layer developed for Breeze, our full node with POS will then be ready for a test release in approximately a week from now.
After this technical breakthrough, we still have a series of activities until we can have the first test releases to the community for comments and evaluation. Major tasks following this first achievement are:
Testing Peer Reviews 3rd party audit Industry expert audit (C# /.net)
This event puts us well ahead in our development plans according to our road map. Follow us in Slack and join our different development channels. We invite experts and developers interested in participating in the different stages of this process to create the most secure and popular C# POS Digital currency.
Stratis (STRAT) Release v22.214.171.124
Stratis (STRAT) Developer Update – June 2017
Hello Stratis Community!
The Developer Update for the month of June is a roundup of news, timelines and progress. Addressing the latest topics about Breeze, Tumblebit, Microsoft Azure and Team additions. We hope you find this information helpful and that it provides you with a transparent and clear insight of what to expect in the weeks to come. Enjoy!
According to plan, the first public Alpha release of Breeze wallet with a final GUI design will see the light of day by the end of June. This is the world’s first Full block SPV Wallet for any cryptocurrency written in C#. It is important to note that, at a later date, the Breeze wallet will the be first C# wallet to support mining via POS – a big leap forward for our technology offerings.
We have encountered unexpected delays in the implementation of Tumblebit that caused us to reshuffle our priorities and reprogram to deliver incremental milestones. We will expand more on this in the Tumblebit Tech Update below, but we want to give you an idea, of what to expect from this point on for the Breeze release schedule:
- Full block SPV Wallet with BTC (and STRAT) (around end of June)
- Full node Wallet (1-2 weeks)
- POS on Testnet (1-2 weeks)
- Tumblebit on Breeze + Masternode (min. 4 weeks)
Each stage requires that developers and business units are sufficiently satisfied with testing and audits of this bleeding edge technology, before moving on to the next stage
Breeze Server Masternode Update
Work has been proceeding rapidly on the Breeze Server (masternode). An initial version running on testnet is nearing completion and public release. The Breeze wallet will not include the Breeze Server (masternode) in the initial release scheduled by end of June, as further development and testing is required to guarantee integrity of your funds. The initial release will contain the following items: – The Breeze Masternode Tumblebit server (completed, leveraging the NTumbleBit project created by Nicolas Dorier). – The Breeze Masternode secure node advertisement protocol (completed).
Masternode Advertisement Protocol
In order to facilitate a decentralised registry of active masternodes, Breeze servers will utilise the blockchain itself as an immutable public record. On startup, each masternode constructs and broadcasts a specially formatted registration transaction with all the parameters the Breeze wallet clients need to find and connect to them. Some of the example fields featured in advertisement transaction are: Masternode IP and/or TOR addresses. A signature proving ownership of the tumbler’s RSA private key. Proof of liquidity (a signature from a Stratis address containing sufficient funds to run the tumbler). This transaction is only performed once, unless the masternode needs to change its details. The Breeze clients will automatically maintain an internal database of active tumblers, and will update this information when new advertisement transactions are performed.
The Stratis team will make a testnet masternode available for the community to test the tumbling functionality in the Breeze wallet. More details on this will be made available through public channels in the near future.
Tumblebit Tech Update
The Stratis team is engaging with the authors of the Tumblebit protocol to provide increased security and more efficient tumbling. Ultimately this bleeding edge technology will provide a highly scalable payment channel solution applicable to both the Stratis and Bitcoin blockchains
In the most recent project review with the Stratis team alongside our Tumblebit lead consultant, Nicolas Dorier. We came to the conclusion that some areas require further development and testing, before we can put it in the hands of users comfortably and safely.
We are committed to only deliver tech that meets our strict quality and security standards. This means we will always release cutting edge, fit-and-finish technology. It also means extensive amounts of testing, polishing and optimizing to guarantee that funds are kept secure at all time and processes are properly audited.
With this in mind, we have come to the conclusion that more development, debugging, and testing is required before we can confidently make this technology available to the wider public. A slight reschedule of our TB implementation in the Breeze wallet is thus in order. This has prompted a reshuffle in some of our priorities until we can get some of the key components sufficiently matured and tested. Other releases dependent on Tumblebit , such as Masternodes will also be rescheduled as a result.
We understand that this is of great importance to the Stratis community. So we have taken measures to address and solve these recently discovered challenges with Tumblebit in the shortest timeframe possible:
1. Increasing focus on development processes by implementing common methodologies (Agile, Scrum etc). From now on we expect fortnightly sprint cycles with a development update at the end of each sprint, until final Breeze release. 2. Increased Headcount (Assigning extra tasks and finalizing the appointment of a dedicated TB developer to expedite delivery)
Soon we will be announcing calls for testers to help us with the debug process and evaluating the user experience.
Stratis Cloud Update : Azure Certification
We are happy to report that we have made important advancements in bringing the Stratis Platform Full Node to the Microsoft Azure Certification program. We are currently in the last stages of this process. When the process is concluded we expect to have our full node deployed on the Azure Marketplace. This will enable us to leverage support from the different Microsoft business groups and initiatives around blockchain development. It will also serve to provide the first functional Proof of Concept, showcasing our Stratis Full Node capabilities. Simplifying deployment for developers from around the world. We expect to have this finalized by the end of the current week.
Stratis Academy Update
We have been actively working in designing a strategy to on board developers on the Stratis Platform. In the coming days we will publish a survey to help us identify C#/ .Net talents in our own community and beyond. This will be the start of an awareness campaign among developers, supported also by our ‘Stratis Champions’ program. More details will be shared shortly, but for now please spread the word that we are looking for the best C# talent out there, and make sure to complete the survey if you are a developer.
New Hire: We are pleased to announce that Benoît Philibert also known as Bep42 (designer of the the Breeze UI ) has joined the Stratis team on a permanent basis. Benoît will support our front end as UX/UI specialist for our apps, and dashboards . You can take a look at his portfolio here. https://dribbble.com/bpdesign
Also, as mentioned above, we are actively looking for C# and .Net developers, preferably with experience in blockchain tech. If you have those abilities please contact us. We are hiring!