//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.

October 27, 2018 . 5 min read

STORE Uses Proof of Knowledge Quiz to Add to Team

Thriving blockchain communities are anchored by small groups of passionate supporters. Storecoin’s “Proof of Knowledge” quiz is about creating an easy way for our team to identify our most passionate followers and potential future partners.

Thriving blockchain communities are anchored by small groups of passionate supporters. STORE’s “Proof of Knowledge” quiz is about creating an easy way for our team to identify our most passionate followers and potential future partners.

How much do you know about STORE?

  • How is the STORE blockchain secured?
  • Which nodes receive rewards for work on the network?
  • What is the “402 status code” on the internet?
  • How many transactions per second does STORE plan to process at launch?

If you can answer these and roughly 60 more questions like them, the STORE team hopes you will try our Proof of Knowledge quiz.

Designed to identify followers with a deep interest and commitment in the STORE blockchain project, the Proof of Knowledge quiz(sample question above) contains questions based on the most recent iteration of our Pomelo Paper.

STORE Community Manager and quiz author Declan Spencer said the first indication of commitment to the project is the act of taking the time to answer the 60-plus questions, which requires reading the entire Pomelo Paper, then re-reading where necessary to find the answers.

“The questions aren’t easy, and there’s a lot of them,” Declan said. “We want to find out who engages in, enjoys and understands our project. Who’s buying in? It’s our way of doing due diligence.”

Creator and CEO Chris McCoy said STORE will use the quiz to build a global team of meet-up organizers, core team contributors and more. Our team will reach out to anyone who takes the quiz and scores at least 80 percent to talk about how they can get more deeply involved - and of course, to get information so we can send along a free $STORE T-shirt.

Check the storelabs.org website to see photos of Community members in their new tees, and see how to join by completing the Proof of Community application.

Community membership is not required in order to take the quiz. Good luck!

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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.