View source for Identity Overlay Network (ION)

== Basics ==

*Based in:
*Started in / Announced on:
*[[Testnet]] release: Open to the public after being in [https://www.coindesk.com/microsoft-releases-bitcoin-based-id-tool-as-covid-19-passports-draw-criticism closed beta] since June 2020.
*[[Mainnet]] release: [https://www.coindesk.com/micorosfts-ion-digital-id-network-live-bitcoin 25-3-2021]
*Ion, [[Microsoft|Microsoft's]] [[Open Source|open source]] decentralized identify solution program, will [https://www.coindesk.com/microsoft-launches-decentralized-identity-tool-on-bitcoin-blockchain launch] (13-5-2019) using the [[Bitcoin (BTC)|Bitcoin]] [[blockchain]]; the identity solution allows users to retain personal data while sharing it between different online sites.

==History==
==Token==
===Launch===
===Token Allocation===
===Utility===
===Other Details===
===Stablecoin===
==Coin Distribution==
==Technology==

*[[Whitepaper]] can be found [insert here].
* Code can be viewed [insert here].

===Implementations===

*Built on: Bitcoin. [[Coindesk]] [https://www.coindesk.com/micorosfts-ion-digital-id-network-live-bitcoin calls] it a [[L2]] (25-3-2021).
*Programming language used:

====Transaction Details====

* Capacity ([[TPS]]):
*[[Latency]]:

===How it works===

* It uses Sidetree, an open-source protocol for decentralized identifiers built by devs from Microsoft, ConsenSys, Mattr and Transmute. 

''"[https://techcommunity.microsoft.com/t5/Azure-Active-Directory-Identity/Toward-scalable-decentralized-identifier-systems/ba-p/560168 This post] details our joint effort with various members of the identity and [[blockchain]] communities to address the performance and scale needs of DID systems, while maintaining the properties of decentralization and self-ownership that differentiate them from existing identity technologies. There is no simple solution to this problem—one can’t just change a variable to increase the transactional volume of these system without degrading the very attributes of decentralization that make them valuable. To tackle this challenge, we’ve been collaborating with members of the DIF, notably [[ConsenSys]] and [[Transmute]], to develop a blockchain-agnostic protocol for creating scalable DID networks, called [https://github.com/decentralized-identity/sidetree-core/blob/master/docs/protocol.md Sidetree].''

''Today, we’re announcing an early preview of a Sidetree-based DID network, called [https://github.com/decentralized-identity/ion ION] (Identity Overlay Network), which runs atop the [[Bitcoin (BTC)|Bitcoin]] blockchain. ION is a public, [[Permissionless|permission-less]], open network anyone can use to create DIDs and manage their [[Public Key]] Infrastructure (PKI) state. ION is designed to deliver the scale required for a world of DIDs, while inheriting and preserving the attributes of decentralization present in the Bitcoin blockchain. The code for the ION reference [[node]] is still under rapid development, and there are many aspects of the protocol left to implement before it is ready for testing on Bitcoin [[mainnet]]. On low-powered consumer reference hardware we’ve observed tens-of-thousands of DID operations per second."''
===Mining===
===Staking===
====Validator Stats====
===Liquidity Mining===
===Scaling===
===Interoperability===
===Other Details===
Some of the organizations who are leaning in early to run nodes:

*[[Equinix]]— Global interconnection and data center company. Equinix connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. 
*[[Casa]]—Developer of hardware, apps, and services for security conscious Bitcoin users. 
*[[Learning Machine]]—Tools and services for issuing official records in a blockchain-anchored digital format, for schools, companies, and governments. 
*[[Civic (CVC)|Civic]]—Tools to control and protect identities, built using an [[Open Source|open source]] secure identity verification ecosystem. (Update: is [https://www.identity.com/identity-q1-and-q2-2019-updates/ running] a node as of 8-2019) 
*[[Cloudflare]]— Leading Internet performance and security company that runs one of the world's largest networks
*[[Facebook]] was asked to participate but declined; according to Microsoft's Yorke Rhodes, Ion aligns with the software giants new "philosophy of consumer ownership and consumer "centricity"

==Privacy Method==
==Compliance==
==Oracle Method==
==Their Other Projects ==
== Governance==
===DAO ===
===Admin Key===
===Treasury===
==Upgrades==
==Roadmap==

*Can be found [Insert link here].
*[https://www.coindesk.com/micorosfts-ion-digital-id-network-live-bitcoin From] [[CoinDesk]] (25-3-2021):

''"With version 1 launched, the team will focus on releasing a “[[Light Wallet|light client]]” for bootstrapping [[nodes]] faster and streamlining ID resolution by authorizing an ID while its related transaction is still in [[Bitcoin (BTC)|Bitcoin’s]] [[mempool]].''"

==Audits==

*[[Bug bounty]] program can be found [insert here].

===Bugs/Hacks===
==Usage==
===Projects that use or built on it===
== Competition==
==Pros and Cons==
===Pros===
===Cons===
==Team, Funding, Partnerships, etc. ==
=== Team===

*Full team can be found [here].
*[[Microsoft]]

* [https://www.coindesk.com/micorosfts-ion-digital-id-network-live-bitcoin From] [[CoinDesk]] (25-3-2021):

''"Microsoft’s ION has attracted contributions from [[Bitcoin (BTC)|Bitcoin]] and crypto mainstays including [[Casa]], [[ConsenSys]], [[Gemini]], [[Bitpay|BitPay]] and [[Protocol Labs]], as well as a hand from the teams at [[Cloudflare]], [[Spruce]] and others."''

===Funding ===
===Partners===
==(:==
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[[Category:Companies/Organisations]]