Stratis Group Ltd. has just revealed initial details of the upcoming Breeze Nodes infrastructure release. The blockchain company, that has created one of the most innovative cryptographic tokens – Stratis ($STRAT). Will soon be offering an economic incentive to node operators to participate in securing different types of on-chain and off-chain transactions for the Breeze Wallet. As well as for blockchain apps and services for corporate clients.
The first iteration of the Breeze Tumbler Node (often referred to as a “Master Node”) will see their application supporting the Breeze Wallet, where they will help execute Bitcoin and Stratis TumbleBit transactions. These will have hybrid functionality running both Bitcoin and Stratis full nodes that provide additional services to the network.
There will be future releases of other forms of Stratis Nodes providing functionality, such as:
Payment Node – Payment Channels
Side-Chain Node – Hybrid Side chain special features
Identity Node – Identity management node
A Breeze Tumbler Node can be operated by anyone that meets the minimum protocol requirements. Some of those requirements include:
An operator will be required to sign a transaction with an account that has 250,000 STRAT or more.
For BTC tumbling transactions, an operator will also need to have 5 BTC or more held in reserve to be able to process payments. The more bitcoin held in reserve, the more payments theoretically can be processed.
Server hosts will need to provide a minimum amount of storage capacity (details TBA). It is recommended that your Breeze Node be available 24×7 in order to opt for the most transactions and potential fees.
Breeze Tumbler Nodes will operate in a totally decentralized and trustless manner, meaning that no one can steal the funds trusted to the network. Additionally, the STRAT required to operate a node can be stored on a Ledger Wallet or on offline backup. The private key to the users STRAT address is only required during registration with the Stratis Node network.
The BTC in reserves will need to be in a wallet on the node, as it is required to sign the transactions when processing the tumbler transactions.
Full instructions and documentation will be released in due course and made available via the Stratis Wiki. The intention is to make it near one-click, so operators do not have to deal with configuration files. Our developers will be ready to assist you with any issues you may encounter.
Rewards to the Breeze Node operators will be paid in the form of a transaction fee (estimated at 1%) paid by Breeze users directly to the Breeze Node that processes their TumbleBit transaction. This fee amount and its distribution may vary for specific implementations of the Breeze Node depending on the type of applications and services. Depending on the operator’s jurisdiction there may be legal and tax related specific requirements and/or restrictions. We highly recommend all operators seek proper advice before operating a Breeze Node. This is a decentralized network not managed, controlled or administered by Stratis Group Ltd. The Breeze Tumbler Nodes are expected to go live before the end of Q2 2017, by the time of the release to production of the Breeze Wallet.
If you have any questions please contact the team by joining our Discord.
Good news for all us! On occasion of our participation at the C# Corner Annual Conference 2017 in New Delhi, India, we would like to present the first version of the Stratis Wiki.
Brought to you by the efforts of our Stratis Academy in collaboration with members of our community, we have put together a basic structure of what we expect to be the most fundamental repository of documentation and research of the Stratis technology and developments. This will be a welcomed tool for the countless developers we expect to make aware and onboard on the Stratis Platform in the years to come. We consider this a fundamental instrument in making available technical know-how for developers wishing to explore our technology, services and capabilities.
We expect it will also be a nice source of information for our existing community members, as well as new comers and investors interested in learning the specifics and the business applications and potential of our technology. The new Stratis Wiki can be accessed here: http://bit.ly/StratisWiki
We invite our community to use it and propose comments and amendments. To this effect we are opening a #stratiswiki channel to the public in our Slack where you can initially post your comments and suggestions. There will be bounties and special recognition to collaborators and for those who help us put together informative and technical articles for the Stratis Wiki.
Thanks to Phil (@daddy) for his effort and help putting this together. Also @alpho2k, @dlow, @khilone, @krushang and other members of the team & community for your help with this.
Stratis Group Ltd. announced this week that it has officially released the Alpha version of the Stratis Bitcoin Full Node. Built on Stratis Mainnet, it will give developers from around the world, the possibility of building the most advanced blockchain applications by incorporating capabilities from the Stratis Privacy, Security and Identity Protocol.
Building the Blocks
Stratis has adopted a modular approach to the development process of the Stratis Application Framework, a streamlined approach for faster and incremental releases.
On this regard, the Stratis Bitcoin Full Node plays an essential role as the foundation upon which other modules of the Stratis blockchain solutions can be easily and rapidly assembled into the most basic demo or the most sophisticated financial application.
This update released from the Stratis Development team includes the addition of key components to the Stratis Bitcoin Full Node, namely:
In addition, the Stratis Full Node has been activated on the Mainnet, providing a full SDK that allows developers to start testing their blockchain apps on live blockchain conditions. Stratis Privacy, Authenticity and Identity Protocol
Currently under development, the Stratis Privacy, Authenticity and Identity protocol, includes capabilities inherited from the Tumblebit integration into Stratis, such as, enhanced privacy and off-chain transactions support.
Stratis plans to release several proof-of-concept projects this year, together with some strategic partners, in which to showcase these advanced features. The Stratis Privacy Protocol, an integration of the Tumblebit on the Stratis Full Node and Bitcoin networks, will be the first proof of concept offering a long awaited enhanced and secure privacy solution for cryptocurrencies. Currently being implemented into the Breeze Wallet, Stratis plans to extend its application to authentication and identity solutions for the enterprise and major corporate clients.
These implementations are not only positive additions to the Stratis portfolio of technological advancements, but also will serve as a production environment where latest improvements to the Bitcoin network can be tested.
Integration with C# and .Net Core Tools
Written with C# and .Net Core developers in mind, the Stratis Bitcoin Full Node opens to developers from around the world the opportunity to start developing blockchain applications within a familiar environment for them and their clients. If you are a C# developer, and would like to start coding your first blockchain app, we invite you to join our Slack. Our developers there will be more than happy to guide you and help you get started with the installation and operation of the Stratis Bitcoin Full Node.
We also want to take this opportunity to invite developers to attend our presentations and meet with us at the C# Annual Conference in India. This is one of the major C# / .Net developers events in the world, and we are thrilled to be presenting Stratis to such reputable audience.
A Blockchain is made of many components, from a Full Node that validates blocks to a Wallet that tracks addresses. Our objective is to offer a set of Nuget packages, from which an implementer can cherry pick what he/she needs. On this regard, we have made available a Nuget for the Alpha Release that can be found here.
The Road Ahead
The Stratis team has plans to add many more features on top of the Stratis Bitcoin Full Node. Starting with a sleek GUI for Stratis Wallet (due in aprox. 4 weeks) and later for the Breeze Wallet (due in aprox, 8 weeks), we are methodically putting together the pieces for the most advanced features to be offered on the Stratis Platform: POS/DPOS, Sidechains, Private/Permissioned blockchain, Compiled Smart Contracts, etc. These features, will undoubtedly bring us closer to offer purpose-built Blockchain solutions in a very short time-frame. Included in this release (V1.0.1-alpha)
Stabilizing the consensus validation and block download code.
Signaling of new blocks and transactions that are discovered on the network.
Block Store is stand alone:
Store can respond to GetData payloads enabling FullNode capabilities.
Push blocks in batches to disk.
Download missing blocks from the network (catch-up mode).
Broadcast blocks to peers using Inv or Header payload
Cache store for faster block reads.
Async lock free implementation of the memory pool.
Logic and tests pulled form core.
Broadcast transactions to peers.
Introducing the Builder Pattern:
Build a full node in an easy and familiar builder pattern in a modular approach.
Support for creating new features inject-able to the full node.
Adding many more unit tests
A separate integration test project
Full Block SPV
Laying the grounds for a full block spv (for Breeze wallet)
We would like to thank Nicolas Dorier for all of his work for the Stratis Bitcoin Full Node. Also we would like to thank our other team members Dan Gershony, Pieterjan Van Hoof and Jeremy Bokobza for their outstanding work on the different modules. Special mention to our collaboration with Adam Ficsor as well as other participants from the Tumblebit project, which have been actively supporting the implementation. And last but certainly not least we would like to thank our community members for helping testing the Stratis Bitcoin Full Node and providing support to our team.
We are happy to see new members joining the Stratis project on a daily basis. Our community is growing and with that come new ideas and actions to help us improve. We received an excellent piece of writing by one of our community members regarding ‘What is Stratis’? We would like to share this with all of you. It’s easy to miss the significance of The Stratis Project. Drowning in hyperbole, the cryptoverse spawns a never ending stream of next-big-things. Bitcoin Killers abound and thousands fall for promises that never deliver. Even so, among the dross, real innovation shines. A handful of projects deserve their top slots while others grow in the subsoil waiting to show the beauty of their form. Stratis is no shrinking violet; the team confident and businesslike. They walk a fine line, avoiding hype, building quietly and spreading the word through provable action. A growing community is witness to the skill, hard work and sharp vision that defines Stratis. This article comes from that community. We can praise where its due and, hopefully, help others see what we see. Stratis is not a coin but a platform. We all know that bitcoin and the blockchain is going to impact the world in fundamental ways. The very success of bitcoin to-date has fostered a conservative approach to development, leaving room for a small army of visionaries to poke and prod with ideas good and bad in the alt coin space. We are in a golden age of early innovation and yet it is still a geek-fest. We are in the days of punch cards and green screen terminals. To fulfil its destiny, bitcoin and its sisters need designers, business people, financiers and the ingenuity of tens of thousands of non-crypto coders to humanise the space. Like it or not, we need to find our Steve Jobs, our Bill Gates and (if we’re really lucky) our Elon Musk and Jimmy Wales. Without our specialised coders, we would be nowhere but now is the time to lend them a hand – to attract experts from beyond the narrow walls of the cryptoverse – not in their hundreds but in their thousands. When Chris Trew, Stratis’ CEO approached bitcoin developer Nicolas Dorier for help, he turned him away, uninterested in working on anything but bitcoin. Coming from the corporate world, Chris knew that the boring nuts and bolts behind millions of computers on the desks of businesses around the world relied on Microsoft’s .Net platform and its C# language. He also knew that when MS open sourced .Net and C#, the path was suddenly open to reach out to millions of experienced developers and their partners in design and business. Decades of battle-hardened operations tuned to real-world customer-focused use has formed a global infrastructure primed with easy to use tools that could change the landscape of crypto and help lead to its ultimate destination – the pockets of billions of ordinary people – rich and poor. It is important to realise that although Stratis aims to bridge the specialised realms of blockchain and the corporate world, it is doing so in the spirit of open source where success is not a zero sum game. This is perfectly demonstrated in the relationship between Nicolas Dorier and Stratis. After agreeing to talk to Chris and on seeing his vision, Nicolas changed his mind. He had been working for two years developing a complete bitcoin node, rewriting it in C#. A labour of love, he was unpaid and had to find the time between everything else going on in his life. The key to this change of heart? Chris did not want him to work on Stratis. He wanted to pay him to finish the work on bitcoin. Always intended to be open source, in helping accelerate Nicolas’ bitcoin project, Stratis would give something to the bitcoin community and benefit themselves from all Nicolas’ work in the two previous years. On completion, they would clone the software, rapidly accelerating the Stratis project beyond anything that could have been achieved without such open-minded collaboration. There are two main parts to the Stratis Project. The platform itself is complemented by the formation of a company based in London. The Stratis Group is a consultancy, intended to help companies with blockchain ideas realise them quickly even as blockchain expertise is thin on the ground. By providing a suite of tools and apis, Stratis allows an entity to concentrate on what they are good at knowing that the security of the blockchain side is rock solid through the same algorithms used to secure bitcoin. In consulting with various projects, some may require a completely separate chain. In this case, the value to Stratis token holders will be indirect. However, free to take on board innovations produced by other crypto-projects, Stratis is able to fast-track code to enable scaling, side-chains, segwit, LN, POS and other advances not yet invented. In many cases, a dedicated side chain might make sense, requiring Stratis to be bought on the market and locked for the duration of the project. To cater for companies large and small, Stratis is building a cloud solution similar to Azure, making BaaS a one-stop solution for any company to experiment or run a project to completion on the Stratis ecosystem. It is easy to be ambitious but how do we know these guys are capable of making this happen? After all, the code is open source. Anyone can copy it – and they will. To those already following their progress, this is a no brainer. Step-by-step Chris and his team constantly impress. With modest resources, they have shown themselves capable of forming partnerships and moving with a speed that would shame others with bags of cash, half the business intelligence and a fraction of their drive. In the past few months, they have so far: • Completed the Stratis Full Node (on test) • Got listed on multiple exchanges including Bittrex and Poloniex • Occupied a booth beside MS at London’s Blockchain Expo – engaging with key business players leading to follow up meetings in UK and US • Given a talk at The Blockchain Event, Ft Lauderdale, USA • Been added to MS Azure • Become an official coin on Ledger Hardware Wallet with no fee paid for inclusion • Recruited extremely impressive advisors to their board. This includes Cesar Castro, founder and managing partner of Escalate Group and Mahesh Chand, founder of C# Corner – a forum for C# developers with over two million members. • Through Escalate, engaged the help of Seraph, a global network of investors and family offices with experience in the cryptocurrency sphere to help with their VC funding strategy. • Secured a coveted key-note slot at one of the world’s biggest C# conferences to be held in Ghaziabad, India mid-April It is interesting to note that the team was surprised to find that although many developers beyond the crypto fringe knew of bitcoin, few had any idea how it worked or the potential for innovation it presented to them. This bodes well for the C# conference. If they are able to convince such a body of sharp minds that this is something worth paying attention to and at the same time give them the tools to ease their path, the resulting opportunities could be enormous. To help in this phase of their mission, they are preparing a number of proof of concepts they can demonstrate there and to future clients. From Steem-like social platforms to privacy-based wallets, customer-focused products become much faster to develop using Stratis. There is nothing like doing it yourself to prove that your mission lives beyond mere words. As many confuse the need for privacy with nefarious deeds, no serious organisation would think of exposing confidential data on a public ledger. The need for privacy is evident in the many anon alts out there but bitcoin has been able to do this for some time. For many reasons, it has not happened so far in a package that’s usable to normal people. To push this along Stratis has agreed to build a front-end for Tumblebit, a project conceived and built as another labour of love by talented coders helping to build the bitcoin economy. The result will be The Breeze wallet. Scheduled for completion around May 2017, bitcoiners will be able to download the Breeze wallet and use it to afford a high degree of trustless and secure transactions with privacy built in. Importantly for Stratis, the same wallet will be used to transact with that coin, too. Not only will this help bitcoin, it will expose Stratis to a potential user-base otherwise beyond its reach. In the same way that Tumblebit can swap respective coins to ensure privacy, so too, they can be used to swap with each other, providing a gateway between each coin should users find that useful. Once again, Stratis demonstrates that this is not a zero-sum game. Recognising that praise coming from those you respect is more valuable than any other, here is a quote from nopara73, Tumblebit’s backend developer: “I am not sure I’m the right person to answer that message, but here it goes. First note I am not a part of the Stratis team, so I am not obligated to follow the company rhetoric. But I had the idea of asking them to contribute to Breeze, because I suspected their team is probably the most competent team when it comes to C# and Bitcoin. Now I am working with them for a couple of weeks and I can say they are really working their asses off, GitHub is the proof, but also I was right on the competency question, too. I was also amazed by the professionalism, not seen in other cryptocurrencies. However I have to admit I know nothing about Stratis as the cryptocurrency, I’m too busy to catch myself up and I don’t have much interest in cryptocurrencies, other than Bitcoin. That being said I bought a significant amount of Stratis. I mean it’s not rocketscience to speculate when Breeze gets used by most of the privacy focused Bitcoin users, and they’ll have a one click convenient way to trade btc strat back and forth, that’ll have a positive pressure on the price, plus I am confident about my work, too. Bitcoin wallets are the path to customers. An altcoin implementing an innovative Bitcoin wallet is a win-win. To sum up, I am not interested in altcoins, but I am not that stupid to refuse free money when the opportunity presents itself.” No-one can predict the success or failure of any project but we go a long way if we manage to cut through the clutter to see its vision and potential. We are often quick to latch on to something we recognise as important to the exclusion of all else. For this reason, on seeing that Stratis will have in-built privacy, some may think it is an anon coin. In targeting corporations, others might see it as tool for financiers, or fuel for the next dotcom hype wave or a bridge to gaming and VR through Unity (built with C#). While all of this may or may not come to pass, the real thing we need to keep in mind is that Stratis is not intended to be a single feature app. It is a platform cleverly constructed to marry the dynamic, exciting limitless potential of the blockchain with the powerful tools and experience already out there in the real world. It will do this with an open and collaborative mindset coupled with astute business sense. That is as powerful as it gets.
Special thanks to our community member (‘Stratisfied’) and thanks to all of you that are supporting us. For more information about Stratis take a look at our website.
We have some great news for all of the stakers of the Stratis network. Two of our community members (@demon and @olcko) have made a guide about how to stake your $STRAT on a Raspberry Pi. Special thanks to both of you! We encourage our community to keep taking great initiatives like this. The guide can be found over here.
The $STRAT token is a Proof-of-Stake (POS) token with limited emission and a low inflation rate. Proof of Stake attempts to provide consensus and double spend prevention. With Proof of Stake, the amount of $STRAT you hold influences the amount of reward you receive.
In return for staking your $STRAT, you get rewarded $STRAT tokens. This reward is offered because you help to keep the network stable and secure. It is possible to stake on almost any device, a laptop a desktop etc. Some of the known issues with using a desktop or laptop are that they are power consuming, hardware performance degrades over time and your $STRAT can be less secure on those devices.
An answer for these issues could be found by staking on a Raspberry Pi.
With the Raspberry Pi you have a machine that costs less electricity, has lower purchase costs, it’s small and its very secure.
If you are planning on starting to stake your $STRAT on a Raspberry Pi (a Raspberry Pi 3 in the guide) you can follow the guide step by step to get started. If you encounter any problems or have additional questions regarding staking on a Raspberry Pi please come and join our Discord and ask away.
If you are interested about the staking rewards and statistics about the $STRAT token, please take a look at our Blockchain Explorer. To work with the latest Stratis Wallet, please go to our website.
Happy staking to all of you and a big thank you to @demon and @olcko and all of you that are staking and helping to keep the network secure and stable!
Stratis Group is proud to announce it’s currently working with Seraph in defining our VC funding strategy going forward. Seraph was introduced to Stratis Group as part of the activities from our Escalate Group partners.
Seraph is a private network of global investors and entrepreneurs targeting innovative investment and business opportunities.
Seraph has assisted multiple cryptocurrency projects prepare for, and get access to venture capital funding, which will help Stratis Group narrow its scope and prepare a targeted investment report, while gaining access to the most favorable terms and extended investment networks.
The consultant team that will be working with Stratis Group includes: Vitalie Eremia
Mr. Eremia is a CFA charterholder specializing in equity research (private and public equity), corporate finance and valuation. He has over ten years of equity research experience and accounting, and has prepared equity research reports in a wide range of industries (including but not limited to IT, biotechnology, hi-tech, software, telecom, energy and minerals, consumer goods, financial and others). He has extensive experience in financial modeling, valuation and industry research.
At Seraph he works closely with startups during the due diligence stage and prepares investment reports for investors. The job involves asking uncomfortable questions, questioning the answers, and putting a value on pre-revenue operations. https://www.linkedin.com/in/vitalie http://seraph.vc/ Kyle Gonzales
Senior Director @Red Hat ; Board Member @Mohio ; Advisory Board @APIMATIC
Advisor @Seraph.vc; Advisor @Value Innovation Technologies https://www.linkedin.com/in/kylegonzales Mark Moline
Managing Partner at Seraph.vc
Mr. Moline has been a private equity investor for over 15 years, focused on early-stage companies in both the developed and emerging markets. He has invested into nearly 75 private placements and advised dozens of companies over the past 20 years.
Specialties: Capital Markets, Trading, Venture Capital and Angel Investing, Emerging and Frontier Markets Investing. https://angel.co/mark-seraph-vc https://linkedin.com/in/seraphvc
According to Chris Trew, Founder and CEO of Stratis Group:
“Working with Seraph will help us get a strong VC pitch in place, with solid financial projections and business assumptions that will help to ensure we obtain the best terms and access to a large pool of financing options. We are confident that with Seraph’s assistance we will meet our funding goals.”
We are proud to announce that Stratis Group has officially signed a partnership agreement with Escalate Group, from Florida, U.S.A. For the past few months our team has been working with Escalate Group on designing an exponential growth strategy, and we are finally at a point where we feel confident they are the best fit to lead the efforts that will help Stratis Group achieve its ambitious goals in the short and long term.
To this aim we have formalized a partnership and invited Escalate Group’s Cesar Castro to join Stratis Group’s Advisory Board with the idea of moving to the next stages of the implementation of the growth strategy.
Escalate Group will assist Stratis Group on defining a sound business strategy to create the basis of a solid organization, generate business opportunities, increase the company valuation and eventually attract investors.
By partnering with Escalate Group, Stratis gains reach to a world-class team of executives with deep understanding of different business and technology areas and an impressive network of contacts, including finance, marketing, business development, exponential growth and business strategy.
Lead by Cesar Castro, Escalate Group has put at the disposal of Stratis Group a vast network of experts including: Kent Langley
Kent is an advisor in the areas of the application of exponential technologies, technology operations, scalable process and FTI member support. A serial entrepreneur for over 20 years, Kent Langley is also an educator, speaker, father and author. His massive transformative purpose is to Apply Technology for Humanity. https://www.linkedin.com/in/kentlangley Michal Monit (ExO Community)
Michal lives and breathes ideas. He has a background in energy, engineering & research, but he’s now maneuvering at the intersection of design, innovation, data and entrepreneurship, as an ExO Coach and Consultant. Michal lived, worked and studied in Portugal, Iceland, Japan, US, Poland and the UK. He holds a PhD in Sustainable Energy Systems, from MIT Portugal, is an alumnus of Singularity University’s GSP’12, and a Fellow of Kairos Society and Thousand Network / Sandbox. https://uk.linkedin.com/in/michalmonit Farnaz Ghadaki (ExO Community)
Farnaz is a strategist and innovator with multi-disciplinary skillsets in a variety of industries including space, telecom, wireless, electronic manufacturing, and real estate development. Her expertise include business development, strategic partnerships, product lifecycle management, project management, solutions marketing, and event management. Farnaz serves as Board of Directors, Board of Advisors, and committee member for several non-profit organizations including a Think Tank Accelerator. She has authored several published papers and been a speaker at various global conferences. Farnaz is an alumnus of Singularity University (GSP13), International Space University (SSP11), and University of Toronto (B.Eng). https://ca.linkedin.com/in/farnazghadaki Olga Calvache
Olga is Founder and Managing Partner of EscalateGroup. She is an expert on mobile marketing and related technologies, a consultant to content and service providers and independent leader on marketing strategy, online market research and digital marketing. Formerly Olga was Managing Director at FocusMovil, and previously worked in Information Technology Services and Telecommunications. Olga holds an MBA degree in International Business from The University of Dallas, a Master degree in Marketing and a Computer Science degree, both from Universidad EAFIT. https://www.linkedin.com/in/olga-calvache-38596019 Nayib Kiuhan
Nayib is the CTO of Netbeam and a Senior Consultant at EscalateGroup. Nayib has over 20 years’ experience overseeing Wireless Telecommunication teams on a global basis, with focus in Latin-American with Nokia products, and Nextel International consultant for deployments in Asia and South America. He has always enjoyed new and innovative technologies that solve real world problems. With a dose of curiosity, hard work, and some luck he has been able to identify and then evangelize innovative technologies throughout his career. From the early days in the wireless industry, to Machine-to-Machine, and now the Internet of Things, he has created and led successful technical teams and business development initiatives. Since 2016, Nayib has been interested in blockchain linked with IoT and other fields to resolve problems that other technologies fall short on. https://www.linkedin.com/in/nayib-kiuhan-7ab700137
In the words of Chris Trew, CEO and Founder of Stratis Group:
The partnership with Escalate Group has sparked an exponential growth mindset in our organization. The amount and the quality of resources and connections they are making available to Stratis Group is really mind blowing. I have no doubt that with their help we will reach far beyond our wildest expectations in terms of potential growth and increased value for our organization.
Stratis Group has announced the appointment of its first Advisory Board members, a group of industry leaders that will help Stratis shape its strategic vision, achieve exponential growth and tap into market opportunities worldwide. Stratis Group has initially identified two critical aspects that should allow the organization achieve steady and sustainable growth in the short term, namely:
a) Setup a strong business foundation, with clear strategic vision, a solid business plan and world-class organization to support it.
b) Fast-track onboarding of C#/ .NET developers onto the Stratis Platform and assist in the integration with Microsoft’s tools and services.
To this aim we have extended invitations to Mr. Cesar Castro and Mr. Mahesh Chand, and they have graciously accepted to join Stratis Advisory Board effective immediately. Following the profiles of Stratis Advisory Board first two members: Cesar Castro: Board Advisor on Exponential Growth
Cesar is a strategic driver of corporate expansion for over 20 years with extensive experience in multiple high-change environments. He has delivered profitable growth and generated hundreds of millions of dollars in shareholder value in Mobility, Cloud Solutions, Consumer Electronics and Telecom in Latin America and the US at America Movil, Nokia, and Microsoft. Today through his consulting firm, EscalateGroup, he advises leadership teams, boards of directors and founders on trends, innovation and strategies for growth and value creation. He is particularly focused on exponential organizations, start-up innovation and the application of accelerating technologies such as IoT (Internet of Things), Blockchain, Mix Reality and AI (Artificial Intelligence). Committed to improving people’s lives, he embraces innovation accelerators to help organizations and societies unlock their digital transformation. https://www.linkedin.com/in/castrocesar.
“I am thrilled for the opportunity to help Stratis Group to set itself as the premier enterprise blockchain as a service provider. At EscalateGroup we are convinced that the Exponential Organization framework will set the right foundations to enable Stratis accelerated growth. We are committed to making blockchain easy and for that, we have formed a very international group of business experts to drive this endeavour”
Mahesh Chand: Board Advisor on Microsoft Developers Outreach
Mahesh is the CEO of Mindcracker Inc., a Philadelphia based Web and Mobile App development company. He is a Director Board Member and Advisory Board Member in different startups and technology companies. His experience includes Software Solutions Architect, Technical Author, 12-time Microsoft MVP and Founder of C# Corner, the most popular online communities for Microsoft developers and programmers. Holding a Bachelor’s degree in Mathematics and Physics and a Master’s degree in Computer Science, Mahesh has written half a dozen books with publishers including Addison-Wesley and Apress. https://www.linkedin.com/in/mchand/
According to Chris Trew, CEO and Founder of Stratis Group Ltd.:
Our new appointments to the Stratis Board of Advisors, will undoubtedly rise our profile as an organization, while bringing into it the best corporate practices and an impressive network of experts and business contacts that will make Stratis exponential growth in the short term a reality. We are truly excited and humbled to have such high profile professionals interested in our technology and organization and look forward to work together with them to maximize results and create a solid, long lasting organization.
TumbleBit is probably one of the most promising technological advancements built on top of Bitcoin to date. Not only does it offer one of the best — if not the best — privacy related innovations so far, it can also provide significant scaling benefits as a payment hub. The solution is also fully compatible with the current Bitcoin protocol and, most important, it is in an advanced stage of development.
(Bitcoin Magazine , Feb. 2017)
Stratis Group has announced today it is launching an ambitious cryptocurrency project, aimed at increasing financial privacy available to the users of Bitcoin and the Stratis Platform.
The project dubbed “Breeze Wallet” incorporates the innovations brought by TumbleBit to both Bitcoin and Stratis, into a real-world production environment combined with the privacy enhancements introduced by the Full Block Secure Payment Validation system.
Stratis plans to integrate TumbleBit into the Breeze Wallet making it the first Bitcoin wallet that addresses the privacy issues in blockchain transactions, the Breeze Wallet works with the current Bitcoin protocol and does not require any forks. Stratis Financial Privacy Protocol
The Stratis development team will be extending the Stratis blockchain to support the Stratis Financial Privacy Protocol based on the TumbleBit concept. Our goal is to offer a truly trustless and decentralized privacy protocol on the Stratis blockchain and its private chains, while working with financial services regulators on developing regulatory compliant blockchain solutions utilizing the Stratis Privacy protocol. Enhanced Privacy
Presently there is a huge demand for privacy on the blockchain. One of the main hurdles faced by the adoption of Blockchain technologies in the financial services industry is the privacy of financial data on the blockchain. When the Stratis Financial Privacy protocol is implemented into the Stratis Platform, businesses will have the possibility to use the Stratis Blockchain with a guarantee of privacy from their transactions (payments, records and data). That’s a big advantage over other Blockchain projects. Why TumbleBit?
The team behind Stratis carefully evaluated the different concepts and technological options to deliver a truly trustless and secure privacy solution that would meet the requirements of enterprise and consumers worldwide. After extensive research, it became evident that TumbleBit was the best fit for our future development goals because it is: Private: Transactions are truly private and unlinkable. Untrusted: No one (including Tumbler) can steal payments Compatible: TumbleBit is fully compatible with today’s Bitcoin protocol.
TumbleBit includes (offblockchain) cryptographic protocols that work with the very limited set of (on-blockchain) instructions provided by today’s Bitcoin scripts The TumbleBit/Stratis Roadmap
A few weeks ago, Stratis put in motion a development plan for the integration of TumbleBit capabilities into Stratis. Having established the feasibility of such an endeavour, we immediately took the initial steps to make this a reality in the shortest term.
To help us accomplish a smooth and speedy process, we secured the services of Adam Ficsor, one of the contributors to the TumbleBit research paper (https://eprint.iacr.org/2016/575.pdf) and the official implementation of Tumblebit NTumbleBit. As a Technical Advisor for the development of a production ready Tumblebit full block SPV wallet in C# (Breeze Wallet), Adam will help us achieve our goal, by delivering a fully functional full block SPV, while also working on the Stratis Wallet framework and the completion of NTumbleBit.
According to Adam:
“Everyone who is not using Bitcoin Core has already had all their addresses linked together by third parties. This is not a theoretical “assume the worst case” strategy, this is reality. The third parties are either the central servers your wallet relies on or in case of SPV wallets all Blockchain surveillance companies.” Trustless Exchange: Trustless Stratis <-> Bitcoin exchange
The planned TumbleBit implementation not only will speed up and streamline the development of Stratis full-block SPV TumbleBit wallet, but will also make possible to include in it a trustless, secure exchange for Bitcoin-Stratis pair. Exposure of Stratis to millions of Bitcoin Users
The expected inflow of Bitcoin users towards a TumbleBit enabled Bitcoin wallet offering enhanced privacy, will undoubtedly translate into making it the de-facto wallet for such transactions around the world. This in turn, will represent an extraordinary opportunity to expose Stratis and its platform to all those users, and this will further cement our symbiotic relationship with the leading cryptocurrency and its community.
Hello Stratis Community!
We are happy to inform that at this point we consider we are well on track to accomplish our goal of having the Stratis Full Node and Stratis Cloud projects finalized by the end of Q1 2017, with the idea of presenting it at the C# Annual Conference in India. We expect to showcase by then a robust solution, with a friendly user interface and have it sufficiently tested by multiple parties before going into commercial production.
To accelerate the process and ensures we meet our final deadline we have added two new members to our development team:
Pieterjan Vanhoof (@dev0tion): Pieterjan has over four years of experience as a Full Stack .NET developer. He got interested in Bitcoin around 2013 and since then he has been captivated by the potential of blockchain technologies. He has specialized in development of wallets for cryptocurrency projects and porting Bitcoin functionalities to other cryptocurrencies.
In the words of Pieterjan: Opportunities in the cryptocurrency universe come and go – at a fast pace. Technologies must innovate at an exponential rate, companies need to adapt at lightning speed and development teams have to stay ahead of it all. I was given the opportunity to join a team at the forefront of this exciting industry and I’m looking forward to the journey at Stratis.
Jeremy Bokobza (@Jeremy):
Jeremy is a top caliber software developer, with a thorough and extensive knowledge of .NET technologies and architecture as well as C# development. He has been involved for more than 10 years in EAI (Enterprise Application Integration) with Microsoft BizTalk Server, working with Microsoft Consulting Services in the Czech Republic and the U.K. He has also been involved with Bitcoin since 2013 and he will be assisting in the development of Cloud Stratis, the Stratis Full Node and the Stratis Wallet.
According to Jeremy: “Stratis shows great promise in the blockchain world and I’m thrilled to be joining the amazing team they have assembled in London.”
Businesses looking to implement solutions based on blockchain technologies will look for companies like Stratis to go from nothing to full throttle and I want to be part of that. ”
Also, we would like to inform the community that, in our effort to differentiate Stratis, offer the most innovative solutions for enhanced privacy and scalability and add value through a Bitcoin/Stratis symbiosis, we have added to our roadmap the further development and integration of Tumblebit into Stratis. Please expect a full press release following this post.
The integration of Tumblebit brings with it a GUI framework and wallet layer, which allows us to accelerate the development of our C# full node GUI, while incorporating the most innovative technology to enhance privacy and scalability. The full block secure payment validation system also provides us a strong framework upon which we can build our Stratis Sidechain capabilities.
To make this possible, we were required to reshuffle development priorities from our original roadmap, as they will now be contingent to finalizing the full node and full block SPV. Therefore, milestones in the roadmap such as Unity integration, Fiat Gateways, Private chains and Stratis Appliance will be delivered at a date to be determined in Q2. We will provide additional updates once we have concluded development of the key prerequisites.
We count on the Stratis community to stand behind the exciting development path we have chosen, in the understanding that it will undoubtedly increase the value of Stratis as a token, as well as Stratis Group valuation as it begins to incorporate valuable IP and high demand features into its portfolio.
For questions and more details, please join our Slack at: https://stratisinvite.herokuapp.com