Masterclass students/Grads - Test your skills on this whitepaper


#1

Anyone want to see an ambitious startup with the idea described, but very little by way of explaining ‘how’ they plan on accomplishing this. I am using this whitepaper as a project example to make an SDD and sketch to see if I even ‘can’ map out if this is possible.

The company is KRATE, and they want to make a data storage system the likes of SIA, Storj, ect, however they have some crazy idea’s about using POW, POS, and POC (Proof of Capacity), they want to have a 1 minute block time, thinking things will run 20sec through POW, then pass the baton along ect…

A couple more interesting things they plan on doing…
– Writing EVERYTHING in C# , so that it will be compatible with everything from Samsung Smart TV’s to windows, to mac’s
– All work is done off Masternodes
– Everything to be done off their local APP that you download
– Surprise super blocks - Random mined blocks that have 2x or 10x payouts
– 5 ways to earn income
– Earn income on empty storage, without anything even in it (You earn again if you have something in that storage)
– much more

After reading their (non technical) documents and browsing their github commits, honestly, I can’t see how they plan on doing anything like this. From what I gather, they are tring to build the whole company and product in one giant chunk. So after browsing their discord channel, Github, and website, I have determined that they have been going for a year, and recently parted with their developpers and are left with as far as I can tell, not much to show.

I recommend taking a look at the Whitepaper and Github (9 commits, and 1 contributor) as of today. Let me know what you guys think, from a consulting point of view, is it even possible to make a SDD out of this?

The whitepaper is located off their website as well as on github

https://www.krate.com/

Curious to hear what anyone thinks. Is this project even possible the way they want to do it?

YellowCake


Blockchain Masterclass Students/Grads- Test your skills on this Whitepaper