There are a lot of projects out there but today I present Spaco project . This project will be holding their ICO in a matter of days on the skyledger platform of the the skycoin project
SPACO is a distributed network protocol generation boosted on HTTP / HTTPS way too much. Instead of all the resources owned and operated by some giants, SPACO opens the floodgates and allows people to become network operators. Network resource integrity is protected using redundancy and smart contracting. SPACO has huge advantages in distributed, reliability, privacy protection relative to the internet today
During the process of exploring the next generation internet, I believe SPACO will become a powerful enabler reshaping the benefits and circulation mode through which our naive application and organizations are to be distributed while defining spaco role within the industry
SPACO provides a great advantage over its competitors due to its open multi-dimensional products, on network storage resources, combined with our team, which has many years of experience in P2P network with large-capacity file distribution. There will be a distributed storage market, brokered deals on the blockchain by use of smart contracts.
For users’ data, storage and processing strategies are adopted in isolation for content and behaviour, all content stored is accessible to the full list of node and users’ light node. On the users’ end, Spaco will customize the browser with an SPP:// prefix to access Web content. The user can visit open data sites, make a mirror locally and share this data with others via p2p. This will also act as a way to simultaneously earn tokens. Not only that, when you visit the traditional Http / Https network prefix, you can be rewarded through support of the SPACO network with SPO, and tokens hours. Both SPACO and Skycoin teams are genuinely devoted to the construction of this new next-gen network together
The SPACO team have immersed themselves in distribution applications, gathered vast amounts of operational experience and built a solid technical knowledge base over many years. Currently, SPACO is based on Skywire, which is a high quality distributed network, which is capable of supporting the future scalability requirements of the business that run on its blockchain. SPACOs innovative, next-gen network business model has been developed to remove the restrictions, and provide the opportunity for everyone to become a network operator. The network services “disintermediation”, will ensure the relationship between service supply and the end user to be crucial fundamental of the network. Service providers are distributed so that the price can be firmly in the hands of the free market. Sufficient competition will allow users to get direct benefits, which can significantly reduce the cost of the corresponding individual, commercial, organization, and institutional users.
The distribution benefits, and operation of SPACO network will be implemented via smart contracts based on our blockchain. We comprehensively adopt a public and private key system for all SPACO participants. Individuals, site resources , or the network nodes will be identified using the public key, a signature mechanism to ensure that data is not modified during transmission, this maintaining data integrity. Spaco will use the Skywire network, end to end encryption and link layer encryption as a default base layer of security. All nodes have separate public and private key. The encryption algorithm between nodes uses chacha20, which can avoid sniffing and injection attacks. Spaco also support the Mesh network (it can run out IP network ) and IP networks simultaneously. Mesh networks have dedicated hardware, and are in the development of a new generation of FPGA and ASIC-based systems
The whole idea is to build more security ,smart network, provide endless bandwidth, storage and compute ability for people and by people, build together and share together
Spaco has gone into some strategic partnership to make sure that they are able to build the next internet for example skycoin .
Spaco is creating a new network protocol and ecosystem that will run ontop of Skywire, as well as a storage system "Nebulas" that can replace applications like Dropbox and Bittorrent. They are working with Skycoin on building the new internet that will be peer to peer and not controlled by ISP gatekeepers. More information will be available soon with the release of the white paper.
The implication is that spaco will enable new google and facebook like (centralized) corporations to form on the new internet.
With their partnership with skycoin , Spaco will build a new decentralized internet so that the ownership of data returns to the users. They themself can choose which parties are allowed to use their data.
The Spaco network will provide infrastucture that enables partners to become the new Google, Amazon and Facebook on this decentralized internet, without them being able to claim ownership of data created by the users.
There is also a strategic partnership between SPACO and IoT think tank
SPACO has the ability to flex its muscles in the field of IoT, IoT think tank is willing to work for the SPACO in the media support, market consulting, industrial organization, financing and other areas.” said Xiaofei Zhao, CEO of IoT think tank.
“The partnership between the two sides will be comprehensive and close ; we will organize a series of activities with IOT think tank next year.” said Yan, the founder of SPACO.
IoT think tank was founded in 2012. In the past five years, they focused on information service for IoT companies and build a good relationship with most companies of IoT industrial chain in China.
IoT think tank is one of the earliest professional media dedicated to IoT in China. They have several platforms such as Wechat, Website and Weibo, attracting more than 200,000 targeted, faithful users in the IoT area. It is worth mentioning their Wechat accounts “Think Tank of IoT” and “IoT Headlines”: They post the most completed IoT news, frontier technology progress, in-depth industrial insights on the IoT filed each day through these two Wechat accounts. Now, most of the IoT practitioners have already subscribed to these two Wechat accounts and use it as a primary source of IoT news and insights.
With the resource of IoT companies in China through vertical media, we have a good overall knowledge of China’s IoT market. This advantage allows them to provide consulting services for large enterprises, government and other organizations, such as survey report, IoT industrial planning, intelligence service and transformation consulting. We have released several first market reports in China with first-hand data, such as “Low Power Wide Area Network (LPWAN) Market Survey Report” and “2 Dimension View on IoT Industry in China”. they also provide IoT industrial planning services for Shanghai and Xiamen government.
They are planning to release the following new reports in the latter half of 2017: “China IoT Market Industrial Framework 2017”, “2017 China LPWAN Market Survey and Development Forecast Report” and “2017 Market Opportunities and Trends for Cellular IoT Modules in China”.
Skywire is in patnership with skycoin/spaco . They will co exist in the network together bringing their own benefits to all that use it
SPACO network will be based on the blockchain of Skycoin, Skywire, CXO, CX and other projects, build a new foundation for intelligent Internet application ecosystem, provide platform for building true applications, and real business can be run in a more secure efficient Internet allowing users to enjoy a more reliable service.
At this age, there are many like-minded explorers and pioneers, one of the outstanding representatives is Skycoin, the goal of Skycoin is to build a new generation of Internet, has done more than six years of research, there are a large number of components which can work have been developed:
1, Developing a new consensus algorithm “Obelisk”, fixed all the major issues of bitcoin.
2, Skywire, solves the underlying problem of network security
3, CX language, provides mathematical certainty general-purpose programming language, a more secure environment for smart contracts.
4, CXO object system, provides a good underlying support for P2P network.
I strongly recommend you to check it out access https://github.com/skycoin
SPACO and Skycoin will have a broad cooperation at development, research, maketing and many other fields.
The team had further discussions on the hardware design of the miner and the router. Preliminary confirmed the hardware specifications and its development cycle.
Moreover, they have started two mobile wallet development teams
Branding and visual strategies were further rearranged, stage one is expected to be completed by late February 2018, which includes the update of VI and the website.
This is not just a vapourware or a fancy website with a white paper , they actually have a working product the teller , a new way to instantly purchase tokens without using the exchanges and thereby eliminating transaction fees and delays
The pre ico is sold out and people are eagerly awaiting this project's ICO . This is one ICO you cant afford to miss and its under skyledger not an ERC-20 Token . Each project under skyledger has its own blockchain so no network congestion or bloating
You can join this project at
Website: https://spaco.online
Q&A: https://spaco.online/qa/
Twitter: https://twitter.com/SpacoLabs
Facebook: https://www.facebook.com/SpacoLabs/
Github: https://github.com/spaco
Bitcointalk: https://v.gd/SPACO
SPACO WALLET TUTORIAL https://goo.gl/ob7tdY
telegram : https://t.me/joinchat/FnUN6ULRvkzXquuwrUWtCQ
Join the SPACO telegram, Add people from your contacts, receive free SPO for every member you add
https://t.me/WeAreSPACO
