It has been a long road for SuperNET towards making its first appearance. JL777, its creator, has encountered many twists and turns in the road from both internal and external influences. The end result is now to be known as Iguana, an easy to install application based on iguanacore. Iguana will be able to run on a lot of platforms. This is where SuperNET Weekly begins.
JL777 originally was building SuperNET on top of NXT, a Bitcoin 2.0 platform which became famous for its Asset Exchange. This system served SuperNET well for quite some time. However, things eventually turned sour. NXT is a forever-progressing system, always trying to better itself through a mountain of updates. This can be a good thing but also a curse. For those building on top of NXT, most notably JL777 and Coinomat, this was a nightmare as the updates meant they always had to update their software along with it. JL777 asked for some kind of stability and his request was turned down. This led to the inevitable separation of SuperNET from NXT.
To make matters worse, Jean-Luc’s NXT 2.0 proposal came as a complete shock to the NXT community. In general, NXT holders were very happy about the decision, while asset holders felt betrayed. For information on NXT 2.0, please refer to CORE Media’s article on the changes coming to NXT.
In response to NXT 2.0, JL777 announced on BitcoinTalk his Declaration of Independence from any single blockchain. This means that SuperNET, or any other asset, is to be made free to move from one blockchain to another. If a particular coin is not progressing, one can simply move their assets to a different platform. For example, those that do not agree with the direction of NXT 2.0 may wish to move their assets to another Bitcoin 2.0 platform using technology like SuperNET’s Iguana.
Iguana is being built by JL777 with an excellent team behind him. When asked “what would be the most killer feature of crypto777 (Iguana is the platform name using crypto777 technology)?” JL777 replied “privacy, speed, scalability, adoption and girls”.
Let’s take a closer look at what this means.
- JL777 has been been able to code iguana to download the BTC blockchain within 30 minutes.
- Privacy will be maintained through BTCD and Jumblr.
JL777 with Iguana will enable assets to be built on top of the BTC blockchain.
Iguana is very exciting and a lot of the latest excitement surrounding SuperNET has come about over the past month due to this project. Now lets look at some recent comments made by JL777 about Iguana. Some of these quotes come from questions asked by Satinder Grewal, the founder and developer of the SuperMesh project.
Is SuperNET a coin?
“With the current API, there are independent category/subcategory network channels. Which is its own encrypted data flow. Now, that means each node can submit to the specific category network (all this runs on the same supernetwork which is actually using the various bitcoin protocol networks as its transport). So there is a Pangea category and each table is a subcategory. Players in each table communicate by posting messages to the Pangea/tablehash. But, let us imagine that these messages are actually like blocks and they make a chain. Does that make the Pangea/tablehash a coin? If so, what does the SuperNET become? If it allows anybody to dynamically create a new category, I think the lines between coin and not coin can become blurred.
Within each category, the creator can define how it will be used and maybe it won’t even be any chain, but just a collection of posts. Now if I add a counter so that each time someone creates a new post in the chain, they get a credit, it would seem to have most of the aspects of a coin. But I am not sure this level is needed yet. However, it does solve the future problem of an infinite number of transactions. By making a hierarchy of categories, you can have higher frequency ones feed into lower frequency ones. For example, the Pangea chain doesn’t really care about each and every player’s bet, so the Pangea/tablehash will deal with that level of details and only post to the main Pangea chain the result of the game. If there is a casino category on top of this, then the Pangea chain would report when a table disbands/player cashes in or out. So I probably will implement something along these lines. For now I’m just talking out loud. It seems to make sense to have these dynamic chains report to a more permanent blockchain, like BTCD.”
Atomic swap implementation covers what extent of crypto777 tech? Will it cover swapping between crypto tech 1.0 and 2.0? By 1.0 tech I mean BTC protocol specific currencies, and by 2.0 tech I mean NXT, Ethereum, NEM, etc. I hope I’m making some sense with my limited understanding on Atomic swap tech’s role in crypto777 tech. Will it be possible to see something like doing atomic swaps between Bitshares Asset <-> NXT Asset?
“Eventually in the fullness of time, anything is possible. At first it will be bitcoin protocol <-> bitcoin protocol. I can also work in NXT with its phased and 2.0 without bitcoin protocol can be done indirectly via the PAX for them.”
Could you estimate how many hours you might have spent/invested on SuperNET tech and what are you invested in?
“18 hours per day, 6 days per week many weeks. If my time is worth any measurable amount, the 5000+ hours I have put in is the biggest contribution. Actually it is over 8000 hours now. I have mostly SuperNET, BTCD and assets.”
What would be the best example of smart contracts when looking at superNET?
“Poker. When it comes down to it only lawyers really care about all these contracts. Most people want to play games. Especially the ones with money, skill and luck. And if you look at it, the players are making smart contracts constrained by the rules of the game. And they are keen on taking whatever advantage they can get. So we have a group of participants that are all playing the same game (literally) but none of them really trusting anybody else. The first version wont have the privacy built in, but I looked at the NXT shuffling and like all the other existing things, it is just not practical. It is better than nothing, but if you are in the Australian outback and make a phone call at the only payphone for 100 kilometers, then it is not so hard to figure out it was you. And without IP privacy, things that rely on blockchain algos for privacy are all just time bombs ticking, ticking…until QC (quantum computing) is practical. It might be years away (less than you think), but blockchains live forever.
The role BTCD and BTC will play in Iguana:
“I think the BTC chain can be relied upon to be the most secure for the forseeable future, so think in terms of hierarchy. Things like ownership amounts we want as secure as possible. But it is slow, so we use BTC for longer term changes and a faster chain like BTCD for shorter term changes and offchain for realtime things like poker.
SuperNET supports category/subcategory-based data streams which can be configured to be blockchained, but its initial use will be for simply sharing data across peers. It won’t be hard to blockchain it though. If I had a spare week to do it, I could add that. But to do it fully, there are many configurable options that would need to be supported and since this is not required for now I will defer it for later direct peer to peer.
Realtime SuperNET category/subcategory data streams/chains:
- BTCD – non-realtime non-archival (privacy enhanced)
- BTC – archival storage
Something like that to allow the most flexibility while taking advantage of the strengths of each without suffering from its weaknesses. In spite of all the challenges, there is a path to a scalable and secure solution with privacy and realtimeness.”
JL777’s discontent with the current political system:
“We are all here at the beginning of the end of the old ways. Whatever we do in 2015 is just a small seed. As the old system is exposed as unviable, there will be chaos for a while. But in the end the new path we are on will attract its share of new adherents. This is a marathon. Any change as big as changing how money is done, this is not any 6 month process. Even 6 years is a short time frame, but due to the rapid evolution of tech, 6 years could well be enough time. If you look at banks, you see fancy buildings built on people’s money. Not to mention the fancy offices and large staffs. To do what? And whatever they do or don’t do, if they fail the government bails them out using everyone’s money. Somehow this does not seem right to me. And now that we have tech to decentralize money, it is a matter of making it easy to use and to continually improve the tech as far as its capabilities, privacy, etc. It is a bit sad, but expected, that most of the large cryptos have been taken over by corporate interests or are actually corporate coins. But there is room for all shades of “cryptoness”. So there is already a funded program in place for USSA to pay companies for info about network usage. Bitcoin is a network. XT has “Ddos” prevention code. It pings tor servers and has mechanisms for blocking. But what if that is just a distraction? Maybe it is just a way to get geolocation pings? We know a meaningful percentage of Tor nodes are controlled by the attacker. This is documented in legal testimonies. So if a node is pinging “random” Tor servers, what does that do? USSA has an active program to fully deanonimize the BTC blockchain, i.e. to map all BTC addresses to physical addresses and preferably a passport. Anyway, the top 10 of coinmarketcap.com is full of non-crypto, corporate crypto, etc. So even though NXT is dropping in the list, in my list of true cryptos it is right up at the top.”
With someone like JL777 holding the reigns behind SuperNET and its Iguana project, the outlook is bright for SuperNET playing a key role in cryptocurrency and blockchain technology thriving in a free market alongside corporate competitors and disrupting the centralized fiat monetary systems by which the world is caged today.