Neutro
Neutro (Neutro)
More on ICO
Token Sale Unspecified - Unspecified
TrackICO Rating 3.0 / 5 ICOMarks Rating 6.7 / 10
Whitelist/KYC KYC
Token price Unspecified
Platform Ethereum

The Neutro Protocol solves the trilemma of scalability, security and decentralization, allows for anonymous transactions and eradicates the need for centralized oracles. Neutro users can create a decentralized version of almost any real-world market that exists now only in a centralized system that we all use currently.

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.

Anonymity

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.

Decentralized Oracles

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.

July 2019 – October 2019

The necessary preliminary technical work and documentation.

November 2019 – February 2020

Creating a prototype. Community building.

March 2020 – June 2020

Neutro test net and native suite of dApps.

July 2020 – September 2020

Working on the main net. Accelerators and Innovation Fund.

September / October 2020

Launch of main net.