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Zero-fee, p2p cloud computing

A p2p cloud computing platform built on top of Storecoin’s scalable, decentralized, and zero-fee public blockchain.

Coordinated by a governance of checks and balances.

Our Token Partners


Our Team

Team Members
Rag Bhagavatha (Co-Creator, CTO)
Helped scale Apple’s iCloud, Cisco’s WebEx, and more
Antone Johnson
General Counsel
+15 OTHERS
Advisors
Ari Paul
Co-Founder and CIO of Blocktower Capital
James Staten
former GM+Chief Strategist of Microsoft Cloud
Mark Ramberg
former GM of Amazon Web Services, Media and Entertainment
Matt Ocko
Venture Capitalist at Data Collective
Michael Terpin
Founder and CEO of Transform Group
Simon Yu
CEO and Co-Founder of Storm
Stephen McKeon
Finance and Economics professor at Univ. of Oregon
Nate Lubin
Former digital director for the Obama White House
Noah Ruderman
Former infrastructure engineer at Facebook
Josh Lawyer
Strategy Lawyer at Zuber, Lawler, and Del Duca LLP
Partners
Public Disclosure Registry
Securities law firm
OTC Partners
OTC Partners

What others are saying about Storecoin


How Storecoin Compares

*For live networks, decentralization is based on current status, not future goals

*Inspired by research from Tom Shaughnessy and Delphi Digital

*View data used in the graphic at http://storeco.in/compare

Storecoin Aims to Become the Preferred Cryptocurrency for Permanently Zero-fee, Fast, and Scalable Payments

Speed
(per block)
Cost
(per transaction fees)
Scalibility
(transactions per second)
Storecoin (STORE)
*Estimates based upon our current R&D.
<100 milliseconds*Dependent upon the incoming transaction rate and parallelism achieved.Zero-Fee for Users and DevelopersPaid for with up to 2% yearly token inflation, or a maximum of 20 Million $STORE per year.
5,000+ TPS at launchusing 22 to 220 validators during launch NOTE: Storecoin is on a path to unlimited p2p nodes securing the network with many thousands of TPS
See More
Bitcoin (BTC)
10 mins$0.04 to $0.50+2-6 TPS+10000 active Miners
Ethereum (ETH)
13-15 secs$0.04 to $0.33+15-20 TPS+10,000 active Miners
Dash (DASH)
2.63 mins$0.39 to $0.58+28 TPS+4,800 active Masternodes
EOS (EOS)
*Claims from whitepaper and blog posts
0.5 secsZero-Fee for dApp Users but Developers Must StakePaid for with 5% yearly token inflation. Developers must buy and stake tokens to enable free transaction (a SaaS model)No data available, 50,000 claimed21 maximum Block Producers
Ripple (XRP)
2-4 secs0.00001 XRPEquivalent to a fraction of a penny1,500 TPS70+ Validators
Cardano (ADA)
*Claims from whitepaper and blog posts
20 secs~0.15 ADAEquivalent to $0.035 USD250 TPSNo data available for decentralization
Stellar (XLM)
3-5 secsFraction of a pennyFees go into a pool that is distributed back to the community via inflation spending1,000 TPS64 Validators
Tezos (XTZ)
*Claims from whitepaper and blog posts
60 secsFees can be optional but can expedite the transaction speed40 TPS64 Validators
Neo (NEO)
15-24 secsFree for basic transactionsUndetermined fees for smart contact-based transactions1,000 TPS7 hard-coded Validators

How Storecoin compares to traditional, fiat-powered payment infastructure

Payment SystemSpeedCost
(per transaction fee)
Scalibility
(transactions per second)
Storecoin (STORE)
*Estimates based upon our current R&D.
<100 milliseconds*Dependent upon the incoming transaction rate and parallelism achieved.Zero-Fee for Developers and UsersPaid for with up to 2% yearly token inflation, or a maximum of 20 Million $STORE.
5,000+ TPS at launchusing 22 to 220 validators during launch NOTE: Storecoin is on a path to unlimited p2p nodes securing the network with many thousands of TPS
See More
Visa
Swipe Card: < 2 secs
Chip Card: < 5 secs
$0.10 plus a 1.51% of transaction feeUp to 24,000 TPS-5,000 TPS is generally believed for VISA1,600 network endpoints
PayPal
Less than 2 seconds for PayPal but 3-5 days for banks to process$0.30 plus %2.9, varies for foreign payments450 TPSCentralized servers hosted by PayPal
Stripe
Near Instant2.9% + $0.30 for each successful card charge20 TPS (rate-limited by Stripe)Likely near-instant payments
Western Union
A few minutes to a few days10% for small transactions
1% for larger transactions
30 TPSCentralized servers hosted by Western Union 500,000+ locations
SWIFT
1 to 5 days$15-$35 for Domestic
$15-$45 for International
350 TPSProvides communication for 10,000,000+ institutions

How the Storecoin zero-fee public blockchain evolves from p2p payments into p2p cloud computing (with datacoins)

The Storecoin project is laser-focused first on securing its zero-fee settlement layer. Our team is researching and building this scalable and decentralized zero-fee payments infrastructure now.

As security with scalability is proven, Storecoin will open up miner (dWorker) participation to anyone in the world. From there, the secure settlement layer can evolve into a p2p cloud platform for the decentralization of data and the creation of new, zero-fee tokenized apps (tApps).

The era of zero-fee, p2p computing with datacoins will be born.

Throughout this evolution, Storecoin’s governance moves from informal (but present), to semi-formal with voting, to fully ratified and formal.

Once ratified – estimated to be between 2021-2022 – Storecoin will be fully decentralized.

DISCLAIMER

Nothing herein is intended to be an offer to sell or solicitation of offer to buy, Storecoin tokens or rights to receive Storecoin tokens in the future. In the event that Storecoin conducts an offering of Storecoin tokens (or rights to receive Storecoin tokens in the future), Storecoin 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.

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