Stay updated on Storecoin

A zero-fee, p2p cloud computing platform.

Storecoin will transform data into p2p money (datacoins).

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
$100k in AWS Credits

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://storecoin.com/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.


Our Milestones

MILESTONETYPELINK
Apr 2019The $7.95 Million Storecoin Milestone Token Offering (MTO) launches as a Reg D and and Reg S global token sale Link
Mar 2019Storecoin releases its long-term plans for a zero-fee, p2p cloud computing platform with data-backed tokens (datacoins) Link
Feb 2019Storecoin joins the Messari Disclosure Registry; commits to fixed and long-term emission schedules for its treasury; the first simulation of our BlockFin BFT consensus algorithm is released Link
Jan 2019The governance peer review mailing list grows to 70+ Link
Dec 2018Storecoin releases the first version of its zero-fee computing platform for internal peer reviewLink
Nov 2018Storecoin releases its governance of checks and balances for public peer reviewLink
Oct 2018First version of the Storecoin Wallet is releasedLink
Aug 2018Community members are wearing $STORE tees in 56+ countries and our Telegram grows to 2,000+Link
Jul 2018Storecoin releases a new inflation plan to be in alignment with sound money of gold and BTCLink
Jun 2018Testing on BlockFin grows to 220 validator nodes and 40 message nodesLink
Apr 2018Storecoin’s consensus engine BlockFin becomes patent pending as to prevent malicious hard forksLink
Mar 2018Storecoin pushes the Tendermint consensus to 169,00 transactions per second with 8 nodesLink
Jan 2018Storecoin’s second milestone-based sale ends, adding 200+ wallets and $1.3 MM of Treasury Link

See our engineering roadmap here




About our BlockFin BFT consensus algorithm

Blockfin Presentation
How Storecoin solves for both scalibility and decentralization without shading, off-chain transactions, level 2, etc.
A simulation of Storecoin's BlockFin BFT consensus algorithm
BlockFin is the leaderless, asynchronous, BFT consensus algorithm from Storecoin
Engineering timeline for BlockFin
Anticipated roll-out of the BlockFin BFT consensus algorithm
Ivan on Tech on Storecoin’s Blockfin
Ivan on Tech discusses BlockFin - a new consensus algorithm by Storecoin
BlockFin consensus algorithm peer review
Join Storecoin's Peer Review working group for its BFT consensus algorithm "BlockFin"
BlockFin Database Schema
This document describes the database schema for the Storecoin blockchain.
Trustlessness and Security in Storecoin
An analysis comparing it with Bitcoin to help understand these properties in Storecoin
Why Storecoin's BlockFin Consensus Algorithm Matters
Dive into the parallels between the early oil industry and waste and BlockFin
Storecoin's early experiment with Tendermint-based consensus algorithm that led to the BlockFin research achieves +10,000 TPS with burst traffic and 21 Validator nodes
Storecoin’s mission is to become zero-fee payment infrastructure for the global internet. The Dynamic Proof of Stake (DyPoS) consensus engine powering the Storecoin infrastructure is designed to process thousands of transactions per second. When transactions arrive continuously but at lower rates, the consensus engine is capable of handling the incoming transactions, but how does it behave when transactions come in bursts? When Storecoin is used as the payment platform by merchants and app developers, the transactions are likely to come in bursts from multiple sources. So, we need to characterize the behavior of the consensus engine under such circumstances.
Storecoin on BitcoinTalk.org
Read about Storecoin on BitcoinTalk forum

Read our governance essays

8. The Launch "Ages" of Storecoin
How Storecoin evolves from zero-fee, p2p payments to a zero-fee, p2p cloud computing platform
7. Day One Governance
Why Governance Must Be Articulated From Day One
6. How To Enable Democratic Blockchain Governance Through One-Entity-One-Vote
Ending Plutocracy & Enabling Democracy In Blockchain Governance: An Overview Of One-Entity-One Vote And Know Your Voter
5. A Separation of Powers in Storecoin’s Decentralized Governance of Checks and Balances
How formal and enforceable roles prevent gridlock when miner, developer, and holder interests diverge
4. Reimagining Property, Rights, and Enforcement In The Blockchain Context
The foundation of markets are property rights and the enforcement of contracts. Without protected private property, market participants can’t lay claim to the goods they sell or buy in the market. Without contract enforcement, participants have to trust trading counterparts with no hope of recourse.
3. An Overview of Storecoin's Governance
Towards a ‘decentralized republic’ model of blockchain governance
2. Blockchain Governance, Trade Offs, and the Importance of a Checks-and-Balances based Decentralized Governance
Session 2 of Storecoin’s public peer review of its p2p governance.
1. Announcing the Storecoin Governance Peer Review Process & Working Group
Storecoin is pleased to announce our first peer review and working group, focused on governance. Through this, we will bring our community together to learn about and provide input on a full spectrum of governance issues. This process will take place through public comments on prepared documents and via a public email group, a final spec generated from the working group, and ultimately culminate in the third Storecoin GovCon in 2021.

Our Core Team is spreading STORE globally


All money is trust, and belief in STORE is on the rise

Earn a free Storecoin tee by joining our community

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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