Place/Date: Marshall Islands - May 29th, 2018 at 2:25 pm UTC · 7 min read
Source: DIW Token
The entire team has been on constant alert for months now with quite a few kilos of coffee consumed on many endless meetings and sleepless nights! It has been a unique and amazing experience thus far and everyone is looking forward to the next stage that the project is about to enter.
There is a contrast of emotions though within the team. Excitement regarding its own project, but disappointment regarding many others and the industry in general. Unfortunately, ICO projects have made a bad name for the industry and for blockchain technology in general. Some have labelled cryptocurrencies, and especially ICOs ‘Ponzi schemes’, ‘fraudsters’, ‘mothers of all bubbles’, ‘criminal cyber-terrorism’, ‘greedy scams’ and many more.
The underlying reason is that most of the teams behind ICOs are just after quick money. They have no vision for the future, nor have they made any solid, or well thought out plans on how to proceed and how to implement the latest technology within their proposed product.
Furthermore, the teams who have actually made plans claiming to incorporate ground breaking blockchain technology, actually don’t. Blockchain is only utilised marginally and is not included in the core of their product. Blockchain is used just as an excuse that enables these teams to proceed with an ICO.
Additionally, it has been proven that the teams behind most ICO projects are inadequate for the job, some not even including people remotely associated to blockchain technology.
DIW is different. The team behind DIW always had its sides on developing the project – it was never about the funds. It was all about the project; about breaking new technological ground, being pioneers.
With a highly skilled group of people, the DIW project is bound to succeed. Our coders, cryptographers, solidity developers as well as front end developers, are highly skilled and motivated. With a proven track record, our team was focused on developing the project even before the start of the ICO.
Due to all of this labour, we are now highly excited to announce the release of our Alpha edition on testnet.
Getting to the nitty-gritty details everyone has been waiting for:
By proceeding with uploading its Alpha on a testnet, DIW is providing its early adopting members with the opportunity of joining its team in the development of the project.
The testnet allows the creation of a virtual account giving the opportunity for everyone to use the Alpha edition of DIW’s product for free via a demo account and without the need to save actual sensitive information for it to work. The first function of DIW’s vault that is to be released, is that of the password manager.
The team will be releasing the Alpha edition of its product utilizing the basic interface design proposed within the DIW whitepaper. Additionally, parts of the code will also be released on GitHub. Please keep in mind that part of the code’s core will be hidden for now due to the very early stage that the project is in right now.
Moreover, please note that the Alpha edition, is being developed on basic technology that is currently available to the team. More advanced technology will be incorporated as the project along with technology progresses. Further enhancements will be made via the incorporation of partner technology such as that developed by Ties.DB and the Raiden Network as well as that of future partners.
All of DIW’s community members are welcome to put the alpha edition of the vault through its paces, keeping in mind that it’s a product in development. The team is aware that the alpha will be buggy at first, so your understanding and patience will be highly appreciated.
Please do not report back any issues for now. Using the alpha version at first, will enable you to become supporters of the DIW Blockchain revolution!
As the team feels that the project’s supporters should also be included in its development, since they will be making up the bulk of its users, DIW plans to release a ‘Bug Report Program’ that will award all of its contributing participants with DIW Tokens depending on their involvement and level of assistance in the development of the project. Further details will be released regarding this program in due time, including how to gain approval in order to get on-board.
Main points behind the coding of the platform:
Account Creation – 1st Step:
DIW Data Encryption Method:
DIW’s contract, running on Ethereum network, then seals the SHA file’s location. Blockchain technology ensures that the stored SHA hash file is permanent without any modification or tampering possibilities. The SHA hash file acts as proof regarding the authenticity of the original ‘encrypted data’ stored.
DIW Data Decryption Method:
DIW Data Share Method:
That’s all regarding the release of the initial technical details for now. Ongoing support will be provided through DIW’s communication channels and everyone is welcome to proceed with providing the team with their queries and suggestions.
These are exciting times indeed. DIW wishes to thank all of its supporters for joining in and enabling the fruition of its project. Furthermore, DIW invites everyone that hasn’t joined the project yet for any reason to do so now, while the ICO lasts for privileged access to the project.