//STORE enables these computing, economic, and governance primitives

Zero-fee settlement-layer enables

Zero-fee, peer-to-peer value transfer

Fast transactions

Scalable transactions

Democratic and 2/3 censorship resistant governance (one entity, one vote)

Tokenized Data enables

Data to be open and tradable

Data to be programmable by third party apps and devices

Data to have a monetary premium (like $STORE, $BTC, $ETH, $EOS, and gold)

Datacoin revenue to be shared with users, citizens, more

…which enables these high-level use cases

Zero-fee settlement-layer enabled

Tokenized data enabled (p2p cloud)

High-level Use Cases

Fast, zero-fee, programmable payments for the public internet

Voting on the global rules of a decentralized, zero-fee digital asset

Zero-fee, 2/3 censorship resistant value transfer of data as a digital asset

Voting on the global rules of decentralized, open, and programmable data

A web2 app developer opening APIs for other developers to build with (for $STORE)

An IoT device developer live streaming datasets for anyone to access (for $STORE)

A health care system making a prized and rare dataset available (for $STORE)

An autonomous car or drone opening its ML-ready, live data streams (for $STORE)

A local government streaming IoT device data for anyone to access (for $STORE)

(If we publish, we’ll award you with 100,000 $STORE – enough to compete in founding mining auctions.)

While STORE transactions are zero-fee for both end users and developers, if STORE is initially deployed as n ERC20 token on Ethereum, applicable gas fees apply on Ethereum. All settlement transactions on Ethereum incur gas fees. When the ERC20 STORE tokens are swapped with native STORE token tokens, transactions will be settled on the STORE network and at that time, zero-fee transactions are resumed.

January 29, 2018 . 2 min read

Software Engineer Accepts Role of Technology Advisor for STORE

A software engineer who has built a career studying online privacy and cryptocurrency architectures has joined @StorecoinTeam as technology advisor.

A software engineer who has built a career studying online privacy and cryptocurrency architectures has joined@StorecoinTeam as technology advisor.

Noah Ruderman is a software engineer for Facebook and one of STORE’s newest advisors.

Noah Ruderman describes himself as a problem-solver. A former physics student who studied at Brandeis, Tufts University and the University of California at Berkeley, Ruderman is employed by tech giant Facebook.

“Noah is one of the sharpest and most thoughtful thinkers — in the world — on blockchain security, engineering, and economics. We’re lucky to work with him,” said STORE creatorChris McCoy.

STORE is a new public blockchain with a governance similar to the checks and balances of the U.S. Constitution and dynamic economics similar to ride-sharing companies like Uber.

“Some of the properties that this platform will possess are first of its kind, like governance with checks and balances,” Ruderman said. “The design and parameters are being determined by ongoing research and existing research that is taking these choices from a ‘sounds reasonable’ perspective to ‘this can be empirically justified.’ “

Ruderman said he is helping the STORE Team design a platform with important properties such as flexibility, scalability, decentralization and absence of transaction fees.

STORE is currently involved in Research and Development to ensure that it can successfully deliver on these key criteria.

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KYC/AML checks are required for securities law compliance. This will be a Reg D and Reg S global offering.

DISCLAIMER

Nothing herein is intended to be an offer to sell or solicitation of offer to buy, STORE tokens or rights to receive STORE tokens in the future. In the event that STORE conducts an offering of STORE tokens (or rights to receive STORE tokens in the future), STORE will do so in compliance with all applicable laws which may include the Securities Act of 1933 and the rules and regulations promulgated thereunder, as well as applicable state and foreign law. Any offering for sale to US Persons in a regulated transaction will be pursuant to a registration statement qualified by the Securities and Exchange Commission, or an applicable exemption from the registration requirements.