Humanode

From CryptoWiki

 Basics

  • Started in / Announced on:
  • Mainnet release:
  • Based in:

"Humanode is a decentralized network based on private biometrically encrypted nodes (or replicas). Using solutions that provide fully homomorphically encrypted feature vectors for biometric processing and a Merkle-CRDT mechanism, people will be able to deploy replicas to create a public permissionless financial network based on consensus between equal human nodes with a rule-based monetary policy targeting real value growth and proportional emission."

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Technology

  • Programming language used:

Transaction Details

How it works

From the announcement by Paradigm (4-12-2020):

"The core stack of technologies enabling human-node includes:

● Private biometrics with fully homomorphic encrypted feature vectors, which ensure that the embedded template cannot be mathematically reversed to its original state. They satisfy the requirements of data safety, as they exist in plaintext only for a few seconds at the inception and are deleted immediately afterward. Having multiple biometric types coupled with liveness detection makes it less likely for an adversary to simulate biometric data, as it becomes almost impossible to recreate or steal.

● An IPFS public cluster, which becomes a permissionless public protocol for trusted asset and data transfer maintained by human nodes. It has a cost-based fee model and flexible guaranteed persistence of data.

● A private smart contract on Secret Network for private biometric decentralized key management. The user’s root private key is issued in the private smart contract so that nobody can get access to it.

● The Merkle-CRDT mechanism between equal human nodes in a public IPFS cluster to achieve consensus on the current state of the ledger. It provides strong eventual consistency. Using Merkle Clocks, we ensure causality of events and global convergence of data among replicas.

● IPFS as the environment for working with Merkle-DAG.

● IPFS’s bitswap, DHT, and pubsub features as networking transport, discovery, and data transfer layers.

Vortex as the DAO governing system.

● Fath as the monetary policy and algorithm targeting real value growth and proportional emission."

Mining

Staking

Liquidity Mining

Layer Two

Different Implementations

Interoperability

Other Details

Privacy Method being used

Compliance

Oracle Method being used

Their Other Projects

DEX

Governance

DAO

  • Uses Vortex 'as the DAO governing system' (4-12-2020).

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners