We believe that blockchain should be a viable, accessible alternative to governing real-world economy. We believe that solving some core issues around the technology will allow it to be more versatile and more useable than traditional system. We believe we have solved those problems, and that it's time for cryptocurrency to move out of the early adopter phase, and move toward mass adoption.
We believe that Neutro can make that happen.
No technology or innovation becomes widely adopted without providing more than its predecessor. Blockchain and cryptocurrency industry have provided some good additional features, but at the expense of what people need the most - scalability, stability, anonymity and ease of use.
Through an innovative blockchain protocol, Neutro solves the trilemma of scalability, security and decentralisation. It is anonymous. It can assimilate real world values, and has rich smart contracts that can create many new markets.
Scalability, Security, Decentralization
Neutro uses sharding to increase network capacity along with a novel protocol that merges proof of work with validation tokens to ensure security and decentralization in an energy-efficient way. The protocol is designed to ensure that the incentive to preserve overall health of the network is aligned with the needs of all network participants, giving the first blockchain to scale without nominating central nodes. This backbone is the first step in making Neutro a technology for mass adoption.
Anonymous transactions are part of every banking system, so they should be part of any economy, including cryptoeconomy. Neutro uses part encryption of the message to ensure that transactions are anonymous but can still be visible on the blockchain and validated. Security measures are also taken to protect transactors and ensure only honest actors prevail in validating and securing the privacy of the transactions.
Oracles centralize blockchains, but without them, the blockchain is introspective only. Neutro uses Schelling Point Schemes to bring external data into the blockchain. Any value can be arrived at using the schemes, so "stable" coins and "risk" coins can be created, assets can be invested in without the need to own them, and almost any aspect of the real world economy can be replicated and put onto Neutro's scalable, anonymous blockchain.
Sharding allows simultaneous calculations to be made on shard chains without slowing the production of main chain blocks, helping Neutro to scale. Not only is Neutro aiming for scale, we also aim to assimilate far more data than any other blockchain using Schelling Point Scheme voting and have a rich suite of native dApps that replicate real world markets. We're scaling both in size and features.
As a transaction message is sent, the receiving address (addresses) and amounts (if many in one transaction) are part encrypted using the public key of the validating node. The message is then signed using the private key of the sender. This mechanism means that it is possible to see that some transaction is made, but the details remain private.
Neutro can bring any data into the blockchain whether it is the weather (!) or the USD price. This has far reaching implications. Imagine that we want to set up a market trading against the price of commodities, or against volatile crypto investments; it's easy to do and as the network grows, the counterparties will become easier to find. Vitally, we want this to be found in the wallet itself. We believe that any new technology should surpass its predecessor. Neutro is more private and more accessible, and this feature allows it to be just as rich.
Preliminary technical work and documentation
Creating a prototype and community building
Neutro test net and native suite of dApps.
Accelerators and Innovation Fund.
Attention. There is a risk that unverified members are not actually members of the team
$15 000 200
$5 427 557
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