CORE Media - SuperNET Weekly No. 17

CORE and CORE Media were birthed out of the community which formed around the SuperNET project launched by jl777  in 2014. Now that many aspects of the project are finally coming  together in fantastic form and usable products are just around the bend,  we couldn't be more pleased to help spread the word and keep our  audience up to date on the latest happenings with this revolutionary  project and its technology. Welcome to SuperNET Weekly!

Interview with JL777

https://soundcloud.com/supernetradio/iguana

Iguana Quick Status Update

 "Got the realtime auction protocol working for a simple crypto swap request. The basilisk node can  make a request without any local blockchain, the liquidity provider  node queries central exchange prices, adds a profit margin, submits a  quote to the basilisk node, which then will automatically choose the  best price after 30 seconds and start the atomic swap protocol.

The atomic swap protocol proceeds  along until each side needs to submit a signed tx. Keep in mind the  basilisk node doesn't have any blockchain locally, so it makes a request  to the iguana relay nodes to construct a raw transaction that meets the  requirements. Then it verifies most if it locally, but it cant verify  the values of the inputs, so for each input it makes another request to  the iguana relays (random selected) to verify that all the vins are  adding up as expected.

But that's all I got working so far,  the atomic swap protocol gets deadlocked due to some tricky bug and  getting a bit too tired to solve it.

TL:DR not bad progress for a week spent on DEX layer on top of basilisk, but not quite all working to get a completed swap." - Jl777

What's the difference between SuperNET, Iguana, and SuperMESH ?

 "Iguana is the core platform of SuperNET. Iguana is the API provider for different functions and features using which different set of applications can be developed using that.

SuperNET uses Iguanacore APIs and  runs multiple blockchains at the same time, with the choice of running  some blockchains in lite mode (Basilisk mode, it's called in iguana),  and some with full blockchain data available locally (with iguana full  blockchain data is far lesser than the actual implementations of that X  cryptocurrency you'll find).

SuperNET as can run multiple  blockchains at the same time, that creates a network of Iguana nodes, in  a similar way any other specific Crypto currency network is made. The  difference is those crypto currencies only are a network of ONLY 1  specific currency, and serving their specific features and functions in  that network.

Whereas in SuperNET you get 100s and  1000s of multiple crypto currency networks at the same time. This  allows enormous opportunities to develop much flexible and feature rich  blockchain based Decentralized Applications or so called DAPPs. Official  examples of SuperNET DAPPs would be InstantDEX, Pangea and such more.

Iguana makes life of end users far  easier than any other blockchain wallets or technologies out there. It's  more easier for grandpa when a decent user friendly GUI is available  doing back end API calls for him. He doesn't need know what's inside,  only what he wants to do.

Iguana makes life more easier for  blockchain tech developers to develop DAPPs as well, as many API calls  does many complex things for the devs. It's like Microsoft made a Visual  Studio, which does 90% of the task for the dev and dev does another 10%  of the task. The difference is in this case Iguana is not a Visual  Studio, with visual elements to develop with, it's ONLY the command line  level API provider. It's the base platform combing many different  features related to crypto tech in single small package. I don't believe  you'll ever find such developer friendly blockchain software packaged  in just 2MB to 3MB anywhere around.

SuperMesh uses  Iguanacore in it's base. SuperMesh will use iguanacore API to develop  many sort of applications that generates revenue and those who'll hold  token of SuperMesh will earn that revenue as dividend. It's possible  only with Iguana as I know.

What SuperMesh project is trying to  do is to make life of end users easier at physical layer. Giving  application and set of libraries which if installed on an IoT device  allows any person to connect to different secure and private networks.

Also, allow the end users to use  crypto technology with much ease, and give freedom to people to make  their own network which is self sustaining and running even in case they  are cut off or censored out of Internet.

Iguana is the piece of software which will help secure and incentive this network. That's why SuperMesh software need  to include Igauna. Plus I don't find any other software which could  provide features like Atomic Swap, micro-payments, Smartchains which are  securing the network and also playing the role of being an Asset paying  token to pay dividends.

It's more secure to develop DAPPs  using smartchains as it's architecture is being build on solid grounds.  If you want you can may be also think SuperMesh as a 21 Inc's Bitcoin  Computer. But, instead of facilitating just Bitcoin and related APIs,  SuperMesh IoT device or SuperMesh Computer, is facilitating many more  things than blockchain API. It's a pack of many decentralized  applications." - Satinder Grewal

http://coremedia.info/index.php/supernet/item/270-supernet-weekly-no17

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