Lightstreams

Lightstreams

Created using Figma
Created using Figma
The award-winning decentralized network for fast, privacy-enabled blockchain applications. With secure private file sharing, Lightstreams is the best alternative to Ethereum & EOS available today.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • CoinAll
    PHT/USDT 10 hours ago
    $ 0.0100
    $ 28.48
    -0.12%
    -94.04%
Token Sale
Sep 27, 2018
Oct 27, 2018
100% completed
Raised funds - no Data
past
May 30, 2018
Jun 30, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
PHT
Accepted Currencies
ETH, BTC, USD, EURO, CHF
Company Details
Registered Country
Estonia
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

About Lightstreams

Ethereum-based blockchain protocol that specialises in supporting Decentralised Applications (DApps) that require high speed and privacy for sharing content. The protocol is designed to be an open ecosystem that is version compatible with the main Ethereum protocol such that existing developer tools and libraries can be using with Lightstreams. DApps are a new breed of application that run on a peer-to-peer network in contrast to traditional applications that run on centralised servers. DApps promise to revolutionise almost every industry by removing the reliance on intermediaries to manage interactions between users in a system. In turn, this disruptive technology will unbundle many markets and open the way for new business models that are more efficient, have lower costs and can democratise access to all.

Lightstreams key differential is it solves the problem of blockchain data storage when sharing content between users. Data storage size, speed and privacy are key elements for any DApp to be viable. Current blockchains can only store a limited amount of data and high fees are charged for this service. Lightstreams allows for uncapped data storage with no associated blockchain transaction fees. Current blockchains also have slow transaction speeds which can make the user experience of DApps seem unresponsive in comparison to traditional applications. Lightstreams solves both transaction speeds and data transmission by utilising a fast consensus mechanism and a peer-to-peer file sharing respectively. Finally, current blockchains have next to no privacy. Lightstreams solves this by designing an award-winning file sharing protocol call Permissioned Blocks that bring both privacy and confidentiality to sharing content.

Features

First app launching on Lightstreams: https://www.fanbase.live

Speed - Ethereum is slow, EOS finality takes 6 seconds
Lightstreams has a transaction throughput 4x faster than EOS and supports application state changes that are finalised within 1.5 secs.

Privacy - Blockchain networks lack good decentralized private storage layers
Lightstreams’ Smart Vault is a compliant decentralised storage solution. Data is accessed on a need-to-know basis and can be erased forever. Control is always in the hands of the data owner, which means it is GDPR & CCPA compliant by default.

No User Fees - Ethereum and EOS are expensive for users. No try-before-you buy
Lightstreams allows application creators to bear the costs of running their applications instead of the users, enabling freemium usage models (try before you buy).

Radical Governance
Inspired by liberal radicalism, Lightstreams’ governance model supports sustainable decentralisation by serving the people of the network first & foremost.

Technical Info

  • Lightstreams implemented a fully ethereum-compitable blockchain which replaces the original proof-of-work(PoW) by proof-of-authority(PoA) using a byzantine consensus protocol.
  • Lightstreams blockchain enhanced ethereum blockchain accomplishing a performance of up to ~200 TPS, instant transaction finality and significant reduction on the transaction cost with optionality to no gas fees.
  • Lightstreams has developed an authorisation protocol called Permissioned Blocks to manage access to protected content in decentralised networks.
  • The protocol integrates two network layers that provide peer-to-peer file sharing and blockchain capabilities.

Lightstreams Roadmap

  • May 2017 Prototype

  • Proof of Concept was demonstrated at Consensus 2017 Hackathon.
  • Q2 2018 Token Sale

  • First tokens for fueling the network are available for sale.
  • Q3 2018 Authority Nodes

  • Launching of network infrastructure.
  • Q4 2018 Self-Governance

  • Commencement of decentralised governance where token holders decide policies.

Activity

Posts:
146
MEDIUM
Followers:
165
VERY LOW
Likes:
139
VERY LOW
Followers:
1 647
LOW
Tweets:
280
MEDIUM
30 Days Growth:
431
Members:
4 832
MEDIUM
30 Days Growth:
-304
Year commits:
2
Watchers:
7
Stars:
24
Forks:
8
Open issues:
1

Lightstreams Team

Verified 13%

Attention. There is a risk that unverified members are not actually members of the team

Michael Smolenski
CEO
unverified
Andrew Zappella
Managing Partner
unverified
John Bettiol
Managing Partner
verified
Lukas Lukac
Blockchain Engineer | Technical Lead
unverified
Martina Pancot
Business Operations Lead
unverified
Sandra Newhook
In-house Legal Counsel
unverified
Gabriel Garrido
Senior Blockchain Engineer
unverified
Aleix Suau
Frontend Engineer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

4 ICO

$8 145 068

George Samman
Advisor
unverified
Dimitri De Jonghe
Advisor
unverified
Andrew Masanto
Advisor
unverified
Chris Moore
Advisor OP Financial Group
unverified

Former members

Nick Brown
Business Development
Marina Petrichenko
Digital Marketing Strategy

Lightstreams Interviews

John Bettiol
As a team member, сan you tell us about your role in the ICO project?
Hi,

I'm a member of the executive team (I also sit as an advisor). I've known Michael for 4 years and the rest of the team for even longer.

I've been working in IT for over 20 years and joined Lightstreams as I felt that Blockchain was something worth getting a better understanding of.
What do you think about idea?
For a newcomer to the blockchain world, the Lightstreams Network is hard to fully understand. I am very impressed that this platform offers corporations/engineers/startups a low-cost, fast, secure alternative to Ethereum and yet is fully compatible with their stack!
Marina Petrichenko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Marketing Strategy and Operations Management

Lightstreams Last News

$ 0.0100
0.00%
Coin Stats
Daily, %:
0.00%
Weekly, %:
-16.54%
Monthly, %:
Market Info
Market Cap:
$ 483.964 K
Volume 24h:
$ 28.46
Circ. Supply:
48.408 M PHT
Ticker:
PHT

Lightstreams Reviews

icopools.io
review

Market:
Lightstreams is one of the platforms compatible with Ethereum and built based on PoA algorithm, which combine a high level of speed and privacy (these include POA Network, Cosmos Network and others). Except for mentioned decisions, such problems as increase in scalability, capacity and personal data protection in networks are solved at the Ethereum level (05/04/2018 V. Buterin claimed that the network can potentially reach 1M TPS with the use of Sharding и Plasma decisions).
The team also considers EOS, IOTA, Filecoin their competitors. EOS, IOTA have a high capacity, but their privacy level is lower. In Filecoin both capacity and privacy is a level lower than Lightstreams’.
In general, high-speed networks and decentralized storages by the results of ICO demonstrate high indicators of fundraising and efficient return on investment:
POA Network – in the course of ICO $12,6M was raised, capitalization - $69,1M, ROI USD - 4,66x
IOTA - raised - 1,337 BTC., capitalization - $4,5 billion, ROI USD - >160x
Filecoin - raised - $257M, capitalization – not available, ROI USD - 1,8x

Social activity:
The level of marketing activity to the project is low. Channels in Telegram counts about 13500 followers, Twitter - 993, Facebook - 103. Since October 2017 the project blog publishes 1-2 articles per month, which lack releases on the product development and project development previews. The blog last articles inform on the project achievements in social networks, founders’ promises to update Roadmap and it seems that the team plays for time and waits for the end of ICO.
In January, 2018, $300K was raised at the seed stage. The period of Private sale for institutional investor and its results are not yet known.

Verdict:

Lightstreams can also become successful due to additional valuable function of the platform of the shared use of digital author’s content (music, video, books, etc.). But it’s yet unknown whether society will accept this idea. Today the market of cryptocurrencies actively searches for the optimal algorithm of consensus, blockchains of new generation appear every week, and delay, which is observed in the Lightstreams product development, can be critical for the project.

Read More
DiddyCarter
C
Read More
CrushCrypto

Overall, we have an undetermined view about the flipping potential of the ICO and are neutral about its long-term potential. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping
Depends. The project has a relatively low hard cap for a blockchain protocol project and has generated high market awareness. However, the team is undecided as to whether they will issue a placeholder ERC-20 token which can be exchanged for mainnet tokens or distribute tokens directly once mainnet is launched (currently scheduled in early Q4 2018).
If the team chooses the first option (issuing a placeholder token), then the turnaround time would be much quicker. We would be positive about the flipping potential in this case.
If they go for the latter option (distributing mainnet tokens directly when the network launches), then there would be a few month lag between the date of contribution and the date of receiving mainnet tokens. In addition, this does not take into account the time it takes for the mainnet PHT tokens to be integrated and listed on exchanges. We have a neutral view for flipping if this is the option that the team chooses.
For long-term holding
Neutral. The idea of the project was conceived and developed more than one year ago during last year’s Consensus Hackathon. However, the team suspended the development and waited until one year later to conduct an ICO to continue the project. This does not speak well to the team’s enthusiasm for the project and for this reason, we are neutral about the chance that the project will be a success.

Read More
ICO Drops

13-May. Sergey: There is not much interest in this project. Link
30-May. Alexey: I don`t like it.
Andrey: They will fork Ethereum and make blockchain for content distribution.
Bruce: Main net launch will be in the Q3 and exchanges, as far as I understand, after the swap. I think it is a good project, there is no reason for it to show negative ROI after ICO.

Read More
OhHeyMatty
78
Read More
View all (13)
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO