Through a genesis sale of coins on the network, ContractNet can create and fund the development of foundational technologies for years to come, ensuring sustainable growth and scalability of the ContractNet far into the future.
1Create a blockchain and foundational tech that is best suited to IoT (Done)
2Website / Technical Whitepaper finalized (Done)
3Official Launch of CNET Web Wallet and Token sale -Q1 2018 (Done)
4FSolidM launched to further secure Smart Contracts -Q2 2018
5Oracle Hub launched, including developer tools to create oracles, and technical how-to's for getting IoT devices to communicate with Dapps - Q3 2018
THIS WILL BEGIN IMMEDIATELY AFTER THE COMPLETION AND DEPLOYMENT OF THE CONTRACT NETWORK
Users will be able to download Node, Miner and Desktop Wallet software. In addition, investors will be able to acquire ICO tokens. Creating and maintaining a core, cross-platform, desktop wallet will be the primary focus of the development team. Users can use the ContractNet’s desktop wallet client as a primary, secure wallet for making transactions on the ContractNet, as well as allowing the user to increase the decentralization of the network by running a full node and becoming a peer on the network.
FSolidM (see https://arxiv.org/pdf/1711.09327) will be implemented to further secure smart contracts.
Development will follow the principles set forth by Satoshi’s vision of decentralization and transparency. As such, the team will work to support open source and experimental development on the ContractNet by any developers who wish to enhance the usability of network.
The development team will also place a high priority on the creation of a light-weight, browser-based wallet for interacting with both contracts and value transactions on the network.
Oracles will be extensions of full nodes that have interfaces to IoT technologies. ContractNet will launch an Oracle Hub of in-house developed plugins for the most common IoT devices. The hub will also provide an opportunity for 3rd party developers to create and share their oracles on the hub, either for free, or for a fee.
The Blockchain has already been created and tested and a beta version is in place. The code can be viewed at (https://github.com/ContractNetLabs/go-ContractNet).
ContractNet envisions supporting a community of open source and private developers building mutually beneficial smart contracts and Dapps, and will build robust tools that aid in the testing, securing and deploying of smart contracts and Dapps. Some of these will include:
● IDE (Integrated Development Environment)
● Blockchain Test net
● Automated Testing Framework
● Oracles for different needs
Contract Net will act as a third-party payment processor for businesses. We will develop the required merchant tools, and will charge transaction fees for acting as a payment processor..
ContractNet is built to be modular and upgradable at the protocol level, while technical advancement will primarily need to be at the software level during the early stages of the network. The future :
● Upgrade to proof-of-stake should it prove to be a better option.
● Scalability solutions as adoption of the network increases on a global scale.
● Further developer tools, mining pools/software and light weight clients
● Regular technical blogs