Glyff - Project Review

Today we live in an era of increasing oversight of digital activities and a decrease in ordinary citizens’ rights to privacy on the Internet. Every year, the central government introduces new laws to monitor digital activities and tighten existing ones. Financial authorities also regularly monitor to identify tax evasion cases.

Bitcoin and other cryptocurrency are structured as independent payment systems from states, which are able to restore power to society, created with the aim of decentralizing the financial system when market laws are responsible for pricing and pricing without intervention from government agencies. But with the growing popularity of digital money, governments and law enforcement agencies around the world have begun trying to control public blockchains to track people’s activities to collect taxes.

Decentralized ecosystems such as Ethereum promote the idea of ​​launching user programs on the blockchain, but they do not have transactional confidentiality, that is, all actions are immediately visible on the blockchain, preventing applications from maintaining confidentiality technology in conditions where privacy is paramount to stocks, important transactions. As a result, there is an urgent need for technology to increase privacy. This is the reason for creating a project called Glyff.

Glyff is a decentralized internet platform that can provide transfers of personal assets and privacy that can be programmed for smart contracts.
Glyff has balanced data privacy and transactional security with computational efficiency, which ultimately provides an easy through through smart contract throughput to be easily programmed to the enterprise level while upholding the core principles of the blockchain. Glyff, like Ethereum, allows the development of decentralized applications, but with the main difference: the ability to hide data from computational nodes. This allows developers to enter sensitive data in their smart contracts, directly in the chain, without compromising security

The Problem

Blockchain is one of the most important latest technological inventions, which allows businesses and individuals to instantly send money and information through the internet, without the need for third parties. However, the existing modeling really forgets privacy, with the overall data and the amount transacted between parties exposed to the public, while most real world applications – health, finance, IoT, etc. – requires details about their operations to remain undisclosed and incompatible with the public blockchain system.

Our Solution

We are also building a new generation decentralized platform that enables the transfer of safe value and intelligent contract execution, in complete confidentiality and with the assurance of strong truth. Glyff, like Ethereum, allows decentralized application development, but with the main difference: the ability to hide data from computational nodes. This allows developers to enter sensitive data in their smart contracts, connect directly, without compromising security.

The main features of the Glyff project?

 Private transactions with the sender, recipient, and amount transferred are completely hidden.

 Guarant Guaranteed integrity and strong anonymity property with zero-knowledge cryptography.

 Non-specialist programmers can develop applications that focus on privacy, even without cryptographic knowledge.

 Enables the use of smart contracts for decentralized applications that require personal computing and secure data.

By using unique developments and adding elements of the latest cryptographic advancements to the proven Ethereum ecosystem, Glyff balances data privacy and transaction security with computational efficiency, ultimately providing a level of smart contract that is easily programmed and high performance to any application level by any company permanently maintain the basic principles of the chain. Glyff, like Ethereum, allows the development of decentralized applications, but with the main difference: the ability to hide data from computational nodes. This allows developers to enter sensitive data into their smart contracts directly on the network without compromising security.

We are building a new generation decentralized platform that enables the transfer of safe value and smart contract implementation, with complete confidentiality and with the assurance of strong truth. Glyff, like Ethereum, allows the development of decentralized applications, but with the main difference: the ability to hide data from computational nodes. This allows developers to enter sensitive data in their smart contracts, directly in the chain, without compromising security.

Personal cash transactions with the sender, recipient, and amount transferred are completely hidden. Guaranteed integrity and strong anonymity property with zero-knowledge cryptography. Provides a platform for the dissemination of cross-industry blockchain technology that meets real-world demands. Applications in Healthcare, Finance, IoT, e-Commerce, e-Governance will increase the social benefits of these sectors. Smart contract system that is easily programmed with advanced privacy features. Open source wallet application and cross platform developer framework.

Token information

Token: GLY
Token Type: ERC20

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

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

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)

Team

Official Bounty Telegram Group: https://t.me/GlyffBounty

For more information visit

•Website: https://glyff.io/
•Whitepaper : https://glyff.io/files/glyff-wp.pdf
•Twitter: https://twitter.com/Glyff_io
•Facebook: https://www.facebook.com/Glyff-353989662044849/
•Telegram: https://t.me/glyffcommunity

Author by: thiokoentjoan123

https://bitcointalk.org/index.php?action=profile;u=1091812