- This article is translated from Korean into English, so it may be unnatural.
- This article was created by ICO listing site ICOteg.com.
Covalent is not a universal platform that is unique enough to call it "Wow! However, it guarantees the complete confidentiality of the data communication over the network, and it can stand out in specific fields based on various programming languages and fast speed.
The first feature of these Covalents is 'Privacy'. In short, the goal is to achieve military level security. All data exchanged is strictly controlled and enforced only through the Trusted Execution Environment (TEE) layer for security.
Also, in order to overcome the limit of bit coin / etherium recently, it is supporting the slogan 'Scalability' which is a follower 's slogan. They argue that EtherCentral smart contracts can not perform parallel processing or sharding, and that large off-chain solutions are an alternative. This is a structure in which the speed becomes faster as the number of nodes increases.
'World Database' Just as TCP / IP has built an existing Internet ecosystem, Covalent wants to be a standard for developers who use different computing languages, such as C + / Python / Java, and databases that can accommodate any platform. Speaking easily, we are appealing to the Dapp friendly environment.
Two Dapps (Medata, Covalent X) are already under development for the first time on the network.
The main team members are from early Crypto investors, Harvard, Stanford, eBay and Facebook.
The advisor is more powerful than I thought. FBG Capital CEO, ZhenFund partner stands out.
Unveiled to date, FBST, ZhenFund, METROPOLIS, IOST, and NODE Capital are listed in total.
I think the market is aimed at as much as they can see, and the ICO schedule is currently unavailable, and there are several airdrops already in progress, so it might be nice to have an event coin in case you do not have token sales. .
http://covalent.ai/
http://icoteg.com/covalent/