Lightstreams has a transaction throughput 4x faster than EOS and supports application state changes that are finalised within 1.5 secs. Lightstreams’ Smart Vault is a compliant decentralised storage solution. Data is accessed on a need-to-know basis and can be erased forever. Control is always in the hands of the data owner, which means it is GDPR & CCPA compliant by default. Lightstreams allows application creators to bear the costs of running their applications instead of the users, enabling freemium usage models (try before you buy). Lightstreams’ governance model supports sustainable decentralisation by serving the people of the network first & foremost.
Ethereum-based blockchain protocol that specialises in supporting Decentralised Applications (DApps) that require high speed and privacy for sharing content. The protocol is designed to be an open ecosystem that is version compatible with the main Ethereum protocol such that existing developer tools and libraries can be using with Lightstreams. DApps are a new breed of application that run on a peer-to-peer network in contrast to traditional applications that run on centralised servers. DApps promise to revolutionise almost every industry by removing the reliance on intermediaries to manage interactions between users in a system. In turn, this disruptive technology will unbundle many markets and open the way for new business models that are more efficient, have lower costs and can democratise access to all.
Lightstreams key differential is it solves the problem of blockchain data storage when sharing content between users. Data storage size, speed and privacy are key elements for any DApp to be viable. Current blockchains can only store a limited amount of data and high fees are charged for this service. Lightstreams allows for uncapped data storage with no associated blockchain transaction fees. Current blockchains also have slow transaction speeds which can make the user experience of DApps seem unresponsive in comparison to traditional applications. Lightstreams solves both transaction speeds and data transmission by utilising a fast consensus mechanism and a peer-to-peer file sharing respectively. Finally, current blockchains have next to no privacy. Lightstreams solves this by designing an award-winning file sharing protocol call Permissioned Blocks that bring both privacy and confidentiality to sharing content.
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Founder of Serendipity Blockchain Solutions Rated on May 9, 2018
5
4
4
15%
Lightstreams is a blockchain for Dapp speed and privacy. They're aiming to solve the problems of data storage and management by using a permissioned decentralized storage system.
The team is strong with a good and adequate background in the blockchain ecospace. Also the team of advisors is strong, with experience in some major companies.
The Lightstreams protocol for blockchain transactions is designed using a highly scalable Proof of Authority (PoA) consensus algorithm, giving the project a higher throughput needed to be able to scale if demand increases for peer-to-peer sharing content on the Lightstreams platform.
They have a prototype and a running testnet, which can be found on their site. The demo lets you publish content. As per their roadmap they are looking to looking to launch the network infrastructure in Q3 2018 and to be self-governing in Q4 2018.
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant Rated on May 8, 2018
5
5
5
14%
This project looks great. Can definitely solve a lot of the current blockchain issues. Team is strong and definitely one worth following. Progress is great, tokenomics and whitepaper are solid.
Founder,CEO at PrimeTradeAI uses AI Blockchain Trading ICO | Crypto 8 year Rated on Jun 6, 2018 Modified on Jun 6, 2018
5
4
4
11%
Essentially its a marketplace for digital content and DApps.
Highly anticipated ICO according to primetrade.ai speculation report.
High chances of success.
The Lightstreams protocol for blockchain transactions is designed using a highly scalable Proof of Authority (PoA) consensus algorithm, giving the project a higher throughput needed to be able to scale if demand increases for peer-to-peer sharing content on the Lightstreams platform.
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Lightstreams wins Consensys NYC Hackathon award for its demonstration of the permissioned blockchain protocol
2
October 2017
Further development on permissioned blockchain protocol. Second milestone reached with the addition of proof-of-authority nodes
3
January 2018
Company officially incorporated and registered in Estonia as Lightstreams OÜ. Seed investment round complete
4
April 2018
In-house KYC/AML platform developed for the token sale. Alpha test network (testnet) released
5
May 2018
First private investment round complete, USD 3.5M raised
6
June 2018
Spanish development team opens office in Palma de Mallorca, Spain. Entity officially incorporated as Quantum Labs S.L.
7
July 2018
An early version of the Lightstreams command-line interface is launched, providing basic functionality required for all Lightstreams decentralized applications
8
August 2018
Setup of operations team focused on administrative and business development in Düsseldorf, Germany
9
September 2018
Development of “fanbase”, a decentralized app using Lightstreams technology. Presented “fanbase” concept in China during a blockchain event. Alpha release of the “Leth” node and CLI with decentralized storage capabilities and access-control lists
10
October 2018
Account and wallet management functionality added to the “Leth” CLI. Fanbase technical proof of concept is released. Beta test network (testnet) released, including pre-provisioned web nodes for testing purposes
11
November 2018
Development of the ERC20 smart contract for the Photon (PHT) token sale is completed by Kyokan LLC. Security audit successfully performed by Hosho Group, Inc
12
January 2019
New documentation website for developers. Development of lightchain, lightstreams’ proof-of-authority (PoA) blockchain solution. New partnership agreements with labels and independent artists for fanbase
13
February 2019
Three example decentralized applications running on the Lightstreams network are released. Governance model roadmap for Lightstreams’ network is published. First artists that will launch on fanbase are announced
14
March 2019
Lightstreams main network test launch. Lightchain code is open sourced and is released under a GPL license. First shortlist of potential validator node candidates for network launch
15
Q2 2019
Lightstreams main net launch. Release alpha version of the lightstreams desktop application to manage signatures, identity, wallet, and explore lightstreams dapps
16
Q3 2019
Beta version of Lightstreams desktop. Release lightstreams-js, a javascript library that allows web applications to directly interface with Lightstreams node.
