UNDERSTANDING TEDCHAIN AND THE DECENTRALIZED BLOCKCHAIN SOLUTIONS
TED is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with security capabilities, infrastructure or settlement. TED is designed to serve the 400+ million online players who already collect, buy and sell. With the inclusion of TED’s simple exchange widget, gamers will have access to a worldwide market, with blockchain trust and transaction verification.
With TEDChaing, we not just create games just to impress a child… We want to bring change and make difference in lives of those who desire optimism. Will be no chance for stress, once we are still here.
WHAT CAN YOU DO ON TED PLATFORM?
The TED Platform will allow millions of traders to create their own virtual stores on one decentralized platform. The TED Platform unites everyone, providing security, transaction, and settlement services that will usher millions of new participants into a growing gaming ecosystem.
GAMECHAIN PLATFORM FOR PRIVATE BLOCKCHAIN
We (TedLab) will improve scalability and privacy in blockchain using Gamechain technology. Gamechain platform includes a blockchain-based development workflow, providing comprehensive blockchain solutions and services for players, content-providers, channels and advertisers, and facilitating a complete ecosystem.
Gamechain offers a rich set of features including extensive configurability, rapid deployment, permissions management, native assets and data streams. Although it is designed to enable private blockchain, Gamechain provides maximal compatibility with the bitcoin ecosystem, including the P2Pprotocol, transaction/block formats and Bitcoin Core APIs/runtime parameters.
TEDCHAIN DISTRIBUTED LEDGER TECHNOLOGY
Tedchain is an distributed ledger technology. It is suited for organizations wishing to issue and manage digital assets in a robust, secure and scalable way.
1) TED P2P NETWORK
Tedchain runs on a dedicated peer-to-peer network, game-optimized blockchain. The global Ted P2P mesh network is the foundation that all aspects of the Ted ecosystem are built upon. This gives us complete control over network consensus speed, coin mining algorithms, and smart contract syntax, allowing us to optimize the system for gaming. Given the distributed nature of the project, we settled on a P2P model to provide these services due to the resiliency in the event of a network split and ease of end-user management of a P2P network.
2) TED BLOCKCHAIN
Building on the P2P model, the Tedchain is optimized for gaming, and has been designed with powerful smart contract-based features to allow game publishers and server operators to provide gamers with the highest possible quality gaming experience. We have used our own blockchain. This gives us complete control over network consensus speed, coin mining algorithms, and smart contract syntax, allowing us to optimize the system for gaming.
3) CONSENSUS PROTOCOL
TedLab has developed a novel consensus protocol, based on the best of existing Proof-of-Stake and Proof-of-Authority protocols. Our proprietary consensus protocol rewards network peers for providing verifiable services to other peers. Tedchain uses PoS based consensus system that is designed to reward longterm participants within the Tedchain ecosystem. Rewards are based on the amount of coins that a user holds, as well as how old those coins are. Larger and older coins are more likely to stake.
4) SECURELY COMMUNICATE
Tedchain provides the ability to securely communicate between devices running the Tedcoin wallet. Secure communication between users can occur between single users or between groups. Tedchain provides a platform for users to create channels that broadcast signals and data into Tedchain. It allows for small amounts of immutable data to be added to the blockchain. By using security provided by public/private key cryptography, it is clear that communications are coming from a device that is whitelisted (approved to broadcast from a channel). Only Tedchain users in Gaming Ecosystem will be able to securely communicate with each other.
5) IN-PLATFORM UTILITY TOKEN
Game developers can tokenize practically any in-game asset, from inventory items to achievements, cross-game exclusives, and tournament awards. Players can exchange tokenized assets in-game, across games, or for tradable asset such as the platform’s own Tedchain, providing real world value which can be supported on any external exchange. Game publishers can sell their own tokenized assets on the Ted Marketplace directly to gamers, or even create their own fundraising crowdsales by creating a platform token directly on the Tedchain.
PRIVATE AND SECURE FOR GAMING ECOSYSTEM
Tedcoin (Tedchain Platform) is a private, secure, untraceable mean of payment. In the our decentralized gaming ecosystem, you are your bank, you control your funds, and nobody can trace your transfers.
Privacy: Tedcoin uses a cryptographically sound system to allow you to send and receive coins without your transactions being easily revealed on the blockchain (the ledger of transactions that everyone has). This ensures that your purchases, receipts, and all transfers remain absolutely private by default.
Security: Using the power of a distributed peer-to-peer (P2P) consensus network, every transaction on the network is cryptographically secured. Individual wallets have a 24 word mnemonic that is only displayed once, and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen.
Untraceability: By taking advantage of ring signatures, a special property of certain types of cryptography, Tedcoin is able to ensure that transactions are not only untraceable, but have an optional measure of ambiguity that ensures that transactions cannot easily be tied back to an individual user or computer.
ENERGY EFFICIENT SYSTEM FOR TEDCHAIN
Tedcoin is energy efficient project derived from Tedchain, with the goal of providing a long-term energy-efficient Proof of Stake crypto-currency. Built on the foundation of Bitcoin, innovations such as proof-of-stake help further advance the field of cryptocurrency.
TEDCOIN ELECTRONIC CASH SYSTEM
Tedcoin is a P2P electronic cash system that is completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending.
Tedcoin is an innovative, secure and energy efficient PoW/PoS coin. It uses a faster PoW distribution mechanism to distribute the initial coins, then after 5 weeks the coin is basically transferred to a pure PoS coin, where the generation of the coin is mainly through the PoS interests.
TEDCHAIN IMMUTABLE VOTING SYSTEM
Tedchain is also a immutable voting system project – The advanced blockchain platform that provides generous rewards to users for securing the blockchain without the need for complicated mining equipment. Tedcoin focuses on being the leading Proof of Stake currency to use for long term value storage. Rewards help ensure that your cryptocurrency portfolio is being put to work instead of laying dormant and potentially losing value. Advanced staking tools within the wallet allow users to have complete control over their staking strategy. Tedcoin has the most advanced wallet and tools for staking available anywhere.
This market void and our many years of experience have inspired TED Marketplace, the first decentralized, global marketplace for trading any digital items. To fill in the gap, we have to offer a scalable, cross-platform solution that enables gamers to trade any virtual item from any game.
TEDCHAIN AI & BIGDATA
The TedLab team is developing a huge number of additional modules that will be implemented in the marketplace – in particular, the development of statistics management modules using AI, which in turn will use BigData analysis modules. This will provide an opportunity to monitor the dynamics of growing amounts of data in the system, obtain detailed analytical data on the transmission chains of virtual items, and monitor the demand for certain virtual items on the network.
TEDCHAIN GAMING MANAGEMENT
Games across multiple platforms, but just one TED currency. Simply, put the TEDCHAIN Platform allows the following:
Revenue for gaming: The TEDCHAIN Platform allows gamers to truly earn money whilst playing video games. Countless hours are finally recognized and gamers are paid to play
Interactive Dashboard: The TEDCHAIN Platform allows users to see their TED token in real time as they play supported and published games. Watch as your TED update in real time providing seamless integration.
Multi-Game management: Manage your favorite games and content all from one dashboard. One step login provides immediate access to the marketplace showing the latest and hottest games.
Exchange in Game Currency: Exchange in game premium and earned currencies all through the TED Platform. Integration with your wallet allows immediate connection to the blockchain.
Import and export: Your earned TED into any other game on the system, whether it be Mobile, PC, or Console. This allows users to jump into games faster and earlier.
Payment System: TEDCHAIN will work to provide a payment system that looks to pay gamers for playing the games they love to play. No longer is “getting paid to play videogames” restricted to celebrities, hardcore gamers, or streamers, but we will open the flood gates for the everyday gamer also.
For more information:
Authored by Solman: https://bitcointalk.org/index.php?action=profile;u=1903032
Public key: 0xfB83b7361ADaab3CE2418B50Fd316575c7445848