Lineage Network

Lineage Network

Created using Figma
Created using Figma
Lineage is a new Blockchain that has VISA scaling The transaction capacity of cryptocurrencies, in comparison to widespread payment solutions such as VISA define the currency. The inherent slowness of the Blockchain is a problem to find the right gap between speed without compromising security, decentralization, or consensus. For example, Bitcoin has embraced the notion of being Digital Gold before they release their lightning network after the implementation of Segregated Witness. But there is a similar matter, how is the Blockchain going to scale at such a level? How can we reach Visa’s 1,700 transaction per second average and implement that in Bitcoin without compromising? Ethereum’s proposal on scaling to Ethereum 2.0 is due to sharding, which may greatly boost the speed of the chain. However, we at the Lineage Foundation have found that on-chain scaling is much needed, and thus we have come up with a solution that allows decentralization, speed, and prevents the manipulation of third parties on aspects of the ecosystem. New Algorithm, All Full nodes, Zero Second confirmation, Offline and anonymous transactions.
Dec 5, 2017
Jan 7, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
LINE
Accepted Currencies
ETH, BTC
Company Details
Registered Country
Taiwan
Additional Details
Platform
Ethereum
Categories
Platform

About Lineage Network

Our mission is to build a trustless, secure, self-governing, decentralized, and fast network with the capability of scaling to billions of transactions on-chain

The Blockchain is in the current state where developers of all cryptocurrencies are trying to find a way to scale. However, they have all proposed these solutions with different types of compromises along the way. An example is the BitcoinCash fork that attempted to raise the block-size. However, the compromise was that nodes owned by less advantaged people would stop and decentralization would go down. Meanwhile, Bitcoin has scaled using Segregated Witness and will implement the Lightning Network after it’s development. This, however, is a second layer solution and base layer solutions are urgently needed.

Our mission of building a trustless, secure, self-governing, decentralized, and fast network is defined as follows:

  1.   Trustless as the ability to transact with the lack of third party involvement
  2.   Secure as the ability to prevent attack vectors such as a 51% attack, and a Quantum Resistant Blockchain that is futureproof. Also using the security of the blockchain to make immutable transactions.
  3.   Self-governing as the ability for the Blockchain economy to govern itself without any intervention from developers.
  4.   Decentralized as the ability to have immutability and many nodes that are distributed, to mitigate the risk of censorship
  5.   Fast as the ability to scale to billions of transactions a second on chain with 0 second confirmations.

Lineage Network Roadmap

  • April 2018

  • VISA Scale transactions
    A full fledged working Blockchain
    A successful token swap
    Beta release of LineageSP (on Android)
    LineageSC being widely adopted through vigorous beta testing
    The creation of fiat ‘portals’
    A pseudo-sharding solution for Ethereum
    Hash Scanning ready for Offline-Online devices, and beta testing on Offline-offline
    To allow over 1,000,000 Artificial Intelligence anchors between different networks
  • May 2018

  • 0 second confirmations
    New algorithm that can scale to 50 mb per device
    LineageSP full release
    LineageSC full release on all platforms, including iOS
    Fiat, Bitcoin, Ethereum, and fiat gateway portals
    Complete cross-chain sharding solution for all top 10 coins
    Hash scanning for full offline-offline transactions
    Ported second layer solutions on a universal off-chain sect

Activity

Activity:
5
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Posts:
75
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Views:
2 742
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Activity:
5
VERY LOW
Merit:
0
VERY LOW
Posts:
75
VERY LOW
Views:
2 742
LOW
Users:
65
LOW

Team

Verified 0%

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

Jiale Chong
CTO
unverified
Kevin Huang
COO
unverified
Rebecca Hung
Project Manager
unverified
Yiping Cheng
CMO
unverified
Lily Lay
UX/UI Designer
unverified
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