VNAME: CHANGING THE WORLD AND ADDING VALUE TO SMART CONTRACT
Since the presence of blockchain, both the cryptographic money market and its infiltration have demonstrated a vertiginous development. Its development has been dynamic to the point that distinctive issues related without any difficulty, security and utilization of these have stayed uncertain. From VName we trust that by limiting human mistake in directing exchanges:
(I) it will expand the infiltration of digital currency;
(II) there will be a lower loss of proficiency got from wrongly made exchanges;
(III) increment value-based security by having a confirmation framework;
(IV) the client will feel more good making exchanges.
Create a mechanism that allows transactions to be easier, faster and safer without compromising user privacy and information. Become the universal access point for validating any blockchain address.
WHAT IS VNAME ALL ABOUT?
VName works by putting away a client’s epithet, and in addition what blockchain stage their address has a place with, and if the moniker is checked, in a mapping that is gotten to by their address. It is worked in a way with the goal that you can just know the epithet of somebody in the event that you have their address, also, not the a different way. The nearest reference to an epithet’s related address is a hash of the address put away with the epithet, which is exclusively used to check the address on a moniker from outside of the mapping, and can not the slightest bit be returned to an address. This is expected with the goal that VName can be utilized to confirm that an address belongs to somebody, however anticipates having the capacity to switch query an address by utilizing an epithet.
HOW DOES VNAME WORK ?
In simple words, VName works by matching a user’s blockchain address to a nickname. A user inputs the destination address of the transaction and our helper script identifies this input and automatically shows the corresponding nickname. The user can, without any modification of their current way of transacting, quickly verify that the receiver of the transaction is indeed who was intended to. This picture15 is just a simple demonstration on how VName would integrate with existing sites (e.g. exchanges, wallets). Information and presentation will probably vary.
- If this nickname is verified or not
- The address itself.
- An optional description for this address
- Other information might be added in the near future.
What we’ve done
*. Identify a problem
• & work on the solution
*VName project validation
• Functional Demo on Ropsten Network
• Exchanges’ listing agreements
• Worked on exchanges using VNAME API agreement
• DAICO, polls and voting research and whitepaper.
• Day Zero – March 14, 2018 Website launch
• BitcoinTalk pos
t• VName Whitepaper v1.0 upload
• The future Q2 2018
:• o DAICO begins
o Voting polls and standard whitepaper
o VNAME browser extension.
o Exchange Listing 28 Q3 2018:
• o Verified nicknames market
o Integration with several wallets and exchanges
o Implementation of addresses verification in different blockchains / cryptocurrencies
o Integration with ENS for automatic purchase.
• o Adding additional data to nick registration (color, bold, font, and more).
o Regular work to add compatibility to more cryptocurrency blockchains.
o Migration of VName to its own blockchain network.
FOR MORE INFORMATION
WEBSITE : https://vname.id/
ANN THREAD: https://bitcointalk.org/index.php?topic=3716162
FACEBOOK : https://www.facebook.com/vnamecoin
TWITTER : https://twitter.com/vnamecoin
TELEGRAM : https://t.me/joinchat/H5rEyEdIIb3w_lAjGMFE5Q
- Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1048360