[ANN][ICO] DéMars - Mobile Banking Network 🔥 A novel network design & protocol

[CryptoYears]

REDEFINING MOBILE MONEY

   

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DéMars proposes a blockchain that can run trustlessly and securely with low computing and low data transfer requirements. Nodes are fully autonomous and do not depend on third parties or other nodes for full validation. It runs on a structured peer-to-peer network based on hypercube geometry.

Hypercube geometry is based on a concept of meSPAM BANble node proximity by using Hamming distances between nodes and provides an efficient navigation algorithm to communicate with defined neighbourhoods. This provides DéMars with unbiased network zones at different points in time which are responsible for electing proposers and validators which carry out consensus messaging within the boundaries of the zones.

DéMars deviates majorly from most blockchain solutions by the supposition that all blocks, which maintain all the transactions since the genesis block which in the case of Bitcoin involves a download of over 150GB of data (at the time of writing), are not necessary to validate a blockchain.

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Why DéMars Is The Solution

The Technology behind DéMars

DéMars is a structured, peer-to-peer distributed computer network. It is a Byzantine fault tolerant blockchain which uses network segments to reduce the storage and network transfer costs, thereby enabling it to execute on mobile nodes.

Our focus is on reducing the amount of data being transferred within the network whilst at the same time ensuring a high level of cryptographic security. This will solve a number of the speed and scalability issues associated with decentralized networks.The infrastructure is perfect for mobile phone executed micro-currency exchanges and merchant payments. By adding "smart contract" functionality on a local classifieds network, the technology may be extended to all informal trades in goods and services in addition to micro-lending, savings and insurance contracts.

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