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March 3, 2017

Stratis Group Announces First Appointments to Its Advisory Board


Stratis 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 worldwide.
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.
https://www.linkedin.com/in/castrocesar.

“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.
https://www.linkedin.com/in/mchand/

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.

March 2, 2017

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.
Enhanced Privacy
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.
Why TumbleBit?
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.

March 2, 2017

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 (@dev0tion): 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
 
 
 

January 19, 2017

Stratis Bitcoin Full Node Daemon Alpha Released


Today we are proud to announce the culmination of a major milestone in our development roadmap, the release of the Stratis Bitcoin Full Node Daemon on testnet and is now ready for public testing by developers here: https://github.com/stratisproject/StratisBitcoinFullNode/releases/tag/V0.1
This is a historical release not only for Stratis but to Bitcoin as a whole. This constitutes the first Bitcoin full node written in C# for the .NET Core platform.
It puts Stratis on a league of its own, where newest implementations and improvements proposals to Bitcoin core protocol can be tested and implemented in a production environment. As a result, Stratis will become the testbed for the most innovative technologies such as Tumblebit and Segwit, just to name a few.
A full node allows the participation of network peers in the validation of blocks. Additionally full nodes make possible the connection through the Stratis peer-to-peer network. This mechanism, based on economic incentives to the participants is what makes the Stratis Platform secure and stable.
Developed by Bitcoin core developer Nicolas Dorier and based on his NBitcoin framework, the Stratis Bitcoin Full Node is the most complete and portable library for developing blockchain applications and platforms in C# and Microsoft’s .NET framework .

With Stratis I have an opportunity to experiment the idea how I would design LibConsensus in C#. Nicolas Dorier

What it does
The daemon is a full implementation of the Stratis Bitcoin Full Node, with the following characteristics:

  • Full blockchain validation
  • Blockchain database
  • Mempool
  • Wallet system & wallet database (HD keys w/ bip44 derivation)
  • Bitcoind-compatible JSON rpc api
  • A TransactionBuilder supporting Stealth, Open Asset, and all standard transactions
  • Full script evaluation and parsing
  • A SPV Wallet implementation with sample
  • The parsing of standard scripts and creation of custom ones
  • The serialization of blocks, transactions and script
  • The signing and verification with private keys (with support for compact signatures) for proving ownership
  • Bloom filters and partial merkle trees
  • Segregated Witness (BIP 141, BIP 143, BIP 144)
  • Mnemonic code for generating deterministic keys (BIP 39), credits to Thasshiznets
  • Hierarchical Deterministic Wallets (BIP 32)
  • Payment Protocol (BIP 70)
  • Payment URLs (BIP 21,BIP 72)
  • Two-Factor keys (BIP 38)
  • Stealth Addresses (Also on codeproject)

Built on .NET Core Platform
At present, the most popular Bitcoin node is called Bitcoin Core and is developed in C++. The Bitcoin Core team is a group of highly skilled developers who generally adopt a very conservative approach to accepting improvements. One of the reasons for this is that a full node is such a critical component for Bitcoin that any new features require extensive reviews and testing. Contributors to Bitcoin Core generally work on it for free, and their review time is valuable but limited.
We believe that one way to allow improvements to be implemented faster is to develop a full node in C# instead of C++. Highly skilled C++ engineers are in short supply in the corporate world, which tends to prefer higher-level languages like C# or Java. Higher level languages are also easier to review and learn, and it is harder to make coding mistakes.
The Stratis Bitcoin node is developed for the .NET Core framework from Microsoft and allows for the creation of cross-platform blockchain applications, supporting Windows, macOS and Linux, and can be used in device, cloud, and embedded/IoT scenarios.
Adopting the .NET Core platform removes major obstacles with licensing and associated costs by being no longer locked in to using Microsoft Operating Systems.
Additionally it opens up the possibility of introducing millions of C# and .NET developers to blockchain development, with familiar, time-proven development tools , such as Visual Studio, and already installed enterprise capabilities.
Security Comes First
To guarantee that the tokens secured by the Stratis Blockchain are properly secured,we plan to have the code rigorously tested before it is released on mainnet. Latest code can be found here:https://github.com/stratisproject/StratisBitcoinFullNode/releases/tag/V0.1 We welcome feedback from anyone who wants to help with the process of ensuring the network remains secure and stable, while adhering to the consensus rules imposed by the Bitcoin core client. We will be offering bounties to anyone who can produce a security bug and will be announced in a short time. All testers will be enterd into a prize draw to win a Stratis Ledger Wallets Genesis Edition. Please join our Slack and look for the #FullNodeTest channel to learn the details.
In the words of Chris Trew, Founder and CEO of Stratis:

“This achievement is the single major step in the development of the Stratis infrastructure. This is the stepping block for Stratis to rise above all other cryptos by opening capabilities to offer the most solid, proven and future-proof blockchain solution to companies around the world.”

Next Steps
The next step is porting the Stratis Bitcoin Full Node for the Stratis blockchain, this will give Stratis a powerful full node framework in C# which can be expanded with the Stratis bespoke functionality. We expect to have this accomplished by the middle of Febuary
Acknowledgements
We want specially thank Nicolas Dorier for his outstanding work on the Stratis Bitcoin Full Node. Also we would like to give a special thanks to Dan Gershony and Bitcoin Core developer whose extensive work on expanding the Bitcoin client has enabled the next generation of innovation around blockchain technology. This release is another major milestone Stratis, by providing C# developers with the tools required to develop decentralized applications in native C#. We also want to thank you guys in advance for the feedback on the Stratis Bitcoin Full Node.
 
 

January 14, 2017

Stratis Platform Showcased At The Blockchain Expo in London, U.K.


Press Release: LONDON, Jan .23, 2017 / (Stratis Comms)
This coming week, companies and developers attending the Blockchain Expo in London, U.K. (Jan 23-24, 2017) will have the opportunity to learn how to develop, test and deploy decentralized blockchain apps using the Stratis Platform.
The team behind the Stratis Platform will be presenting their breakthrough development: a proven, secure and scalable end-to-end solution for C# / .Net decentralized blockchain applications.
Dubbed as the “Blockchain for Business” company, Stratis promises to accelerate and make more efficient the process of blockchain development and deployment by offering:

  • Seamless development, integration and distribution of blockchain solutions on Microsoft’s .Net framework
  • Fully certified, proven and security compliant data management
  • Rapid acceleration for your blockchain project development
  • One-click provisioning of blockchain solutions on Azure BaaS and Cloud Stratis
  • Professional support throughout the development process

In the words of Chris Trew, CEO and Founder of Stratis Ltd:

“The Stratis Platform marks the next step in the evolution of Bitcoin, by facilitating adoption among C# and .Net developers, while integrating the latest technological improvements to the original Bitcoin protocol. “

Stratis blockchain solutions combine the robustness of the Bitcoin consensus model with a set of familiar tools, programming languages and business infrastructure used by large and medium sized companies worldwide.
Based on an original rewrite of the Bitcoin protocol in C# (NBitcoin), by famed Bitcoin core developer Nicolas Dorier, the nStratis Development Framework (SDF) allows companies to easily develop, test and deploy blockchain applications without the hassle of maintaining a complex infrastructure or having to learn complex programming languages used in other solutions.
To facilitate testing and deployment, Stratis offers the option of one-click provisioning of blockchains, sidechains and private blockchain projects. Earlier last year, the company announced the deployment of Stratis solutions on Microsoft’s Azure Blockchain as a Service (BaaS). In addition, the company offers its own Blockchain hosting solution – Cloud Stratis, which is specifically suited for customized projects including private and side blockchains.
Stratis solutions can be applied to solving the most daring challenges in the online world nowadays, such as establishing and protecting Internet identity and trust among parties, maintaining immutable ledgers and in IoT solutions that require a reliable and low cost system for reporting and processing of micro-payments. Additionally, the platform can be used to create and manage all type of assets, support crowfunding campaigns and promotions.
The Stratis Platform also includes a publicly traded token $STRAT, which is the result of a full rewrite in C# of Bitcoin’s proven architecture and consensus mechanism. It was one of the best performers among cryptocurrencies in 2016 in terms of financial returns to its holders.
To assist development, the company offers tools, code sample and technical support via Stratis Academy. This initiative seeks to initiate C#developers from all over the world into this novel technology, by offering incentives and opportunities to compete and showcase their abilities in hackathons and other activities.
We invite you to stop by booth #312 at the Expo for a demonstration of the many capabilities of the Stratis Platform, and the opportunity to evaluate your project together with Stratis experts led by its CEO and Founder Chris Trew.
You can learn more about Stratis and its projects at our website : (www.stratisplatform.com)
Contact Us
Disclaimers
Stratis Group Ltd., is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
 

December 30, 2016

Stratis – The Future is Now (Stratis Weekly #11)

What a year we had.

Looking back on the last few months we probably all agree on the feeling where did the time go. We all have been working non-stop to get Stratis where it is today. It has been a true adventure. We feel proud when we are looking back at the results. Some highlights of our activities in the past months include:

  • A successful ICO with almost 1000 BTC raised from more than 500 participants.
  • A well planned and executed $STRAT distribution to investors from ICO.
  • Listing of $STRAT in major exchanges Bittrex and Poloniex.
  • Extraordinary performance of $STRAT on exchanges reaching more than 5x original value to investors.
  • Addition of Stratis to the Microsoft Azure BaaS Program.
  • Support by Ledger Wallet to Stratis.
  • Launch of Stratis Academy, with 1st Hackathon invite.
  • Promotional activities on social media, TVE, and media partner channels.
  • Brand refreshment: corporate identity and website.
  • Secured Stratis trademark in the UK as well as fulfilled all requirements for incorporation and physical address for our business operations.

With the development of the Stratis Development Framework (SDF), SDF .NET Core Native Cross Platform Support we have some great development milestones to look back at in 2016. We initiated the integration of breakthrough developments such as nTumblebit and the Azure indexer, which will make Stratis one of the most innovative platforms in the space.
From the organizational point of view we worked on improving our organization by hiring for key positions as well as defining internal processes, roles and responsibilities. We have set in motion processes for timely and accurate communication and to address potential issues on a timely manner.
We have been consulting with top experts on exponential growth and business organization to adequate our vision and strategy to grow at an accelerated rate and make Stratis attractive for VC investments in the short term. We have put in motion an expansion plan to the Americas and India to position Stratis as a valuable investment opportunity for VCs.
We have established and developed channels to provide regular communications and updates via Stratis Weekly, social media, video interviews, Slack and media partners. We have run multiple successful marketing campaigns via TVE and distributed a multitude of bounties and incentives to promote different Stratis activities.
We are currently working on several community lead projects, such as video production, merchandise and commemorative coin, and we are continuously receiving great input and new ideas. Special thanks to those leading and actively participating on those projects.
We are privileged to have the support of an amazing community that keeps on improving and growing with us. We want to thank all of you for participating in all possible ways, you have truly amazed us. We wish you all a happy new year and hope that this weekly news will contribute to your holiday spirit. One for Stratis and Stratis for all.

Announcements

We are happy to announce the completion of the following steps towards the completion of the Stratis Roadmap:
Website
The next step in our brand refreshment is here. Earlier we showed you our brand new logo, and now the first version of our new website is ready, we all invite you to take a look at stratisplatform.com. Please, feel free to share with us your comments and suggestions to improve it.
Electrum Stratis Wallet
The new Electrum Stratis Wallet is a fact! You can download it here.
With the new wallet you don’t have to download the blockchain anymore to use it. It also has an HD (Hierarchical Deterministic) wallet feature. This means that by remembering 12 words you can get access to your wallet anywhere you want. It will generate your addresses and private keys from those 12 words. So needless to say those 12 words should be 12 words not to forget. The Electrum Stratis Wallet is fast, secure and easy to use. The wallet can be used on the desktop or with the command line interface. It also will support the Ledger Wallet feature after they have released their new firmware.
nStratis and Stratis Cloud
These projects are still being developed and soon to be publicly released on the testnet. We are happy to report that our Stratis full node is currently running over actual bitcoin nodes, which is a huge step on that direction. Additionally, we are giving the final touches to the UI for our Stratis Cloud. We will inform of additional progress, but we expect those to be concluded by the time we start making public presentations planned for 2017.

The Road Ahead (2017)

Our marketing efforts will kick off early in 2017. Only for the 1st Q 2017 we are already booked for participation in major blockchain events in three continents:

  1. Blockchain Expo London Expo (London, UK)
  2. The Blockchain Event (Fort Lauderdale, USA)
  3. C# Corner Annual Conference (Ghaziabad, India)

This events also cement our expansion into markets in the Americas and India, through solid partnerships and regional presence. At the C# Corner event (the largest C# developers community in the world, 2+ mill members) we will have a keynote presentation and will organize a hackathon for developers to get hands on the Stratis development tools.
In 2017, we expect to develop strong bonds with C# / .net developers. We will be launching our Stratis Academy training program, as well as identifying MVPs and Ambassadors candidates all of which will help put Stratis in front of corporate decision makers through their IT departments. We will be also holding several hackathons and competitions, so stay tuned to the opportunities.
We will be making a major marketing push with advertising on the most popular blockchain related websites and publications properties, as well as on C# Corner and some of their affiliate publications for C#/.net developers.
We are working to implement the Unity/Stratis integration based in the latest achievements from Nicolas Dorier, an integration that would open the possibility of Stratis platform being used for in-game asset creation and development of in-game economies with Stratis at the center. We are actively seeking for developers and partners to assist with this major project, and have received multiple applications which we are in the process of reviewing.
Last but not least we are looking into our next steps for the future of Stratis, such as the Stratis Assets & Crowdfunding Platform and the Stratis Dapps Marketplace. All these initiatives guarantee we will stay competitive and secure our spot among the top cryptocurrency projects of all times. As you can see the future ahead of us is bright. Thanks for coming along with us in this journey!

December 16, 2016

Stratis Hackathon is Officially Open (Stratis Weekly #9)

The Stratis Virtual Hackathon has arrived! Registration is now officially open – it’s time to unleash your creativity and win some great prizes.
The Stratis hackathon is entirely FREE to enter and there is no entry requirement beyond the need to have a basic knowledge of the C#/.NET and Visual Studio environment. If you can build and deploy a blockchain-based decentralised application using the nStratis Development Framework (SDF) – this is the time to show your abilities.
Submissions will open on 23rd January and remain open until 23rd February 2017. In the next days will provide a link for you to register your interest in participating in the event. Stay tuned!
There will be a great first prize of $5000 but more importantly the kudos of being dubbed ‘Creator of the Genesis dapp’ – in years to come they will say your name in hushed tones, as a mark of respect. Runner-up will have plenty to be happy about too. All you need to do is come up with an idea and take your best shot at making it a reality.
You can freely select a topic but we particularly encourage the following themes: Fintech (lending, crowdsourcing, ICOs) Unity Gaming Platform Integrations or general dapps (Ledgers, Trust, Provenance, Governance, Voting, Proof of Existence, IOT)
If you need to get up to speed with the SDF then please take a look at the suggested resources on our website. We will be making a team of dedicated mentors available if you should need general support along the way. Our panel of expert judges will make the final decision and winners will be announced on 1st March.
So whether you are a seasoned hackathon veteran or have never taken part in one before, Stratis virtual hackathon is a great way to start the new year.
Developer News
This week we started a project to seek integration with the Unity game engine. This would give us, the possibility of integrating Stratis for in-game transactions, so that you can, for example, buy/sell virtual goods or operate a marketplace . We have also launched two Stratis wallet-related projects this week. One is to create a fork of the Electrum wallet that we plan for use with Stratis, and the other is the development of the C# Full Node wallet UI. We have now assigned developer resources to both these tasks.
Stratis is Official
We are concluding the process of company incorporation in the UK and establishing a physical, bricks-and-mortar location for Stratis. Details will be made available on the new website by the end of the year.
Last week we did a grand reveal of our new-look logo. We have now finished the logo refresh and all versions of the new design can be found in our media package here: Stratis_Media_Package_2017_V1.zip
Blockchain Expo
Last week we also brought you the news that we will be taking up a booth at the Blockchain Expo in London on 23rd – 24th January 2017. We can now confirm that our booth number is #312. For those of you who are planning to drop by to say hello, we would love to see you there. Entry to the Expo hall is free. Further details of the event can be found here: http://blockchain-expo.com/
Finally, we’ve said it before and we’ll say it again, please claim your Stratis tokens if you haven’t already done so. Thank you for trusting us with your STRAT but the wonder of cryptocurrency is that it allows you the freedom to be your own bank. Please exercise that right and claim your tokens today.
Don’t forget to update your wallet. V2.0.0.1 is available here: https://github.com/stratisproject/stratisX/releases/tag/v2.0.0.1

December 7, 2016

Anonymous Transactions Coming to Stratis

background with binary data
Nicolas Dorier the developer of NBitcoin and consultant to the Stratis project has announced the NTumbleBit project, a server and client implementation of the TumbleBit payment scheme in C#.
TumbleBit, is a new anonymous payment protocol that aims to solve two of the major challenges faced by Bitcoin, scaling Bitcoin to keep up with the increasing demand, and protecting the privacy of payments made via Bitcoin.
TumbleBit is implemented as a layer built on top of Bitcoin and is compatible without requiring changes to the existing Bitcoin protocol. TumbleBit payments are processed off the blockchain, this is how it helps Bitcoin scale. These off chain transactions are unlinkable, as volume increases we expect TumbleBit to offer a new level in anonymous payments. The TumbleBit payment scheme does not require the user to trust the TumbleBit server, at no time can the TumbleBit server link the users transactions or steal their bitcoin.
The TumbleBit whitepaper states,
“To deliver on this promise, anonymity must also be provided in the face of the anonymity-enhancing service itself—if the service knows exactly which payer is paying which payee, then a compromise of the service leads to a total loss of anonymity. Compromise of anonymity-enhancing technologies is not unknown. In 2016, for example, researchers found more than 100 Tor nodes snooping on their user.”
TumbleBits payments aim to address the Bitcoin scalability issue by processing all transactions off the bitcoin blockchain. By utilizing off chain transactions the service removes the 10-minute delay associated with waiting for traditional Bitcoin confirmation times. By utilizing the TumbleBit payment scheme all transactions will be completed in mere seconds.
NTumbleBit
In order for TumbleBit to function the Tumbler Hub has to put many bitcoins into escrow. If it cannot, some people will not be able to use it. Therefore the growing of TumbleBit is actually a direct Bitcoin buying pressure.
A quote from Nicolas Dorier:
“NTumbleBit will be a cross-platform framework, server and client for the TumblerBit payment scheme. TumbleBit is separated into two modes, tumbler mode and payment hub mode. The tumbler mode improves transaction fungibility and offers risk free unlinkable transactions. Payment hub mode is a way of making offchain payments possible without requiring implementations like Segwit or the lightning network.
I decided to work urgently on NTumbleBit, as I don’t see any exit to the situation we are in regarding Bitcoin scaling.
TumbleBit will be, I think, the first off chain payment system reaching mainstream”
NTumbleBit will be forked by Stratis development for the Stratis blockchain and will also be available on Stratis Private Chains. The NTumbleBit implemention on Private chains will be utilized to provide greater scalability for corporations that require higher transaction volumes. The Stratis parent chain will be utilized for the anonymity functionality available from NTumbleBit.
The Stratis project is exploring the possibility of offering a centralized NTumbleBit service for Bitcoin, but a service of this nature represents several legal hurdles. Its certainly on our roadmap and we will update the community accordingly.
Because NTumbleBit is developed in C# utilizing NBitcoin (the base framework that was utilized in our SDF) our in house team and also our community of developers will be able to implement and make changes to the NTumbleBit payment scheme. We expect to see some innovative use cases conceptualized for this technology.

November 30, 2016

Stratis Roadmap Update (Stratis Weekly #7)

stratis_developer_roadmap_finalFrom the first moment we presented Stratis to the world, we knew how important it would be to operate on a planned and verifiable schedule. Working according to schedule and budget is the key to survival in the corporate world!

With that in mind we would like to present the Stratis community with an updated version of our development roadmap. The revisions are based on our current status and the tasks we have accomplished or that remain to be accomplished.

Why do that? The dynamic of the development process has shown that in practice there were some areas we could advance faster, and in fact we did – going well into the 2017 tasks. Some of those tasks that we have completed include:
Stratis Development Framework (SDF)
SDF .NET Core Native Cross platform Support.
SDF NuGet Package
Stratis Bitcoin Full node Consensus layer and Initial Blockchain Download (IBD) stratis-future.
Stratis Bitcoin Full node DBreeze integration for storing the blockchain.
Stratis Bitcoin Full node .NET Core support.

At the same time this dynamic has also shown us that we need more time to solve some specific tasks in certain areas, or put together additional pieces that guarantee a better experience and results from our deliverables. Therefore, you will notice that some tasks we have been discussing lately like the “Stratis Cloud Beta” have been moved to later dates.

In the case of “Stratis Cloud Beta” while well advanced in development, it is felt that the proposed interface and overall user experience does not meet our high standards. Additionally, we would like more time to create sufficient documentation to ensure that user get the most out of the platform. Similarly, other tasks related to Stratis Academy will require some additional time to get started as we put together all the pieces of this ambitious project.

We want to thank you again for your patience and support and reiterate our commitment to quality and excellence. We assure you your patience will be rewarded with the delivery of outstanding products that will make us all proud to be part of the Stratis project.

Stratis NuGet Package released

We have just released the Stratis NuGet package. This represents the integration of Stratis to Microsoft’s Visual Studio, which offers a near complete rewrite of all the functionality in Bitcoin Core. This is a huge step to put our tools in the hands of C# / .net developers and it’s available from this link: https://www.nuget.org/packages/nStratis/.
 
Stratis_NuGet_Package

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