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What is SplitChain

Zucoins is a cryptocurrency that is the native token on the SplitChain network. SplitChain is not a blockchain in the traditional sense. It is distributed ledger technology but whereas traditional blockchains are incremental blocks added to the ever increasing chain, SplitChain utilises a novel approach of fragmenting the ledger across multiple peers on the network in order to maintain high throughput, security and distributed decentralisation.

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SplitChain features at a glance

Discover how Zucoins brings a new standard in crypto technology that is uniquely powerful and scalable.

Real-Time P2P
Zero Cost
Secure
UL Audited
Infinite Longevity
Tokenise Assets
Ecosystem

Real-Time P2P

The unique way in which SplitChain organises and prepares transfers, means that every transaction is processed and validated on each device using the system. Transactions must have proof between all involved parties.

Not only that, but the proposed transaction must also be sent to the right person, before it expires. Zucoins therefore has native 2-Step Authentication (2SA), built right into the system.

Zero Cost

Because the ledger is updated autonomously through a new P2P method of propagation, there is no need for miners. The result is, therefore, a very efficient system that supports fee-less transactions, with fast settlement times.

Secure

The primary principle of Zucoins is the fragmentation of data through the network. There are no blocks, so this is technically not a blockchain, hence why we call it SplitChain. Truthful peers can detect peers attempting to tamper with encrypted data, along with other kinds of foul play.

UL Audited

UL is the world leading standards organisation, which have audited the SplitChain encryption methods. That way you can be sure that Zucoins follow these best practises.

Infinite Longevity

Unlike current blockchain constraints, where every transaction adds to the pile of other historical transactions, constantly growing in size, that need to be stored and maintained by a smaller and smaller group of validators who have the ability to do so. It is, therefore, possible that someday traditional blockchains will be too big to transact for all but the most powerful validators, thus naturally centralising their systems.

Another incredible feature is the ability to micro fractionalise a Zucoin to very tiny amounts. So, 1 Zucoin could be split into 1000 parts and those thousand into a further 1000 and so on. Currently, this is 32 decimal places, but it can be expanded further in future. The implication is that whatever the value of a Zucoin becomes, say $1m, you will still be able to buy a coffee, for example.

Tokenise Assets

Currently, in order to tokenise an asset, dedicated tokens are specifically developed and issued. With Zucoins, the functionality exists to attach any dataset, metadata or even smart contract logic, to a specific coin fraction.

For example, in upcoming versions, it’ll be as easy as copying and pasting into the description field of a transaction.

Ecosystem

The SplitChain and Zucoin ecosystem use a transactional framework that works with other data and transaction types. This means that third parties can utilise the framework for their own decentralised transfer and verification of data. The ecosystem facilitates a reliable, verifiable and secure online transaction/exchange method for different data types.

Real-Time P2P

The unique manner in which SplitChain fragments data through the network, means data size becomes irrelevant and therefore the speed is in real-time. In fact, the speed of transactions and volume capacity of the network increases as the network increases. This is the main factor in solving blockchain’s scalability issues.

Zero Cost

Because the ledger is updated autonomously, through a new P2P method of consensus, there is no need for Miners or any 3rd party verification. The result is therefore a fee-less transaction. This also contributes to the speed of transaction mentioned previously.

Secure

The primary principle of Zucoins is the fragmentation of data through the network. The encrypted data cannot be read unless all pieces are gathered together and relevant unlocking keys supplied, meaning no individual can unlock the data. Even if a single data packet was intercepted, it would be meaningless without the remaining fragments.

UL Audited

UL is the world leading standards organisation, which has audited the SplitChain code. That way you can be sure that Zucoins do what we say they can.

Infinite Longevity

Again, due to the fragmentation of data this means that there is no limit to the data size. Unlike current blockchain constraints, where every transaction incrementally increases the block size. It is therefore possible that someday traditional blockchains will be too big to transact.

Another incredible feature is the ability to infinitely fractionalise a Zucoin. So, 1 Zucoin could be split into 1000 parts and those thousand into a further 1000 and so on. The implication is that whatever the value of a Zucoin becomes, say $1m you will still be able to buy a coffee for example.

Tokenise Assets

As it currently stands in order to tokenise an asset, dedicated tokens are specifically developed and issued. With Zucoins the functionality exists to attach any smart contract or data set to a specific coin or fraction thereof. It’s as easy as copying and pasting into the description field of a transaction.

Partner Eco-System

The SplitChain and Zucoin ecosystem use a transactional framework that works with other data and transaction types. This means that third parties can utilise the framework for their own decentralised transfer and verification of data. The ecosystem facilitates a reliable, verifiable and secure online transaction/exchange method for different data types.

How Zucoins Function

Verification

Verification of multiple transactions are conducted in parallel through a network of peers, each holding data fragments.

Connection

A decentralised network of connection servers organises the peer connections required for verifications and transactions.

Encryption

SplitChain utilises an industry best-practise encryption library called LibSodium (NaCl) and our implementation has been audited by UL for safety.

What Does This Mean

Zucoins, the P2P transactional validation, runs on the SplitChain network, which propagates and returns cached information across network nodes to participants, so they can perform transaction validation—essentially facilitating the free and real-time transfer of value (including extremely micro fractions of Zucoins).

To keep the network relatively lightweight, it scales with the number of network participants to reach hundreds of thousands of transactions per second.

SplitChain differs from Blockchain in that there are no “blocks” in SplitChain. This means transactions are not grouped into sets of blocks, processed by miners on the network.

Transactions are therefore maintained independently and stored in a fragmented index, within peers’ wallets and cached temporarily by the network nodes.

Build With SplitChain

Developer Resources

Read up on core concepts and the SplitChain stack with our developer resources

coming soon

Developer Tools

These tools will help you experiment with SplitChain if you prefer a more interactive learning experience

coming soon

Community Support

Read up on core concepts and the SplitChain stack with our developer resources

coming soon

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Sam Volkering

advisor

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Sam is the Editor for Exponential Investor (UK) a publisher of investment newsletters focusing on cryptocurrency, small-cap, microcap and technology stocks. He’s also the author of ‘Crypto Revolution: Bitcoin, Cryptocurrency and the Future of Money’. In addition to his editorial work, he’s an advisor to exciting, new crypto and digital asset projects, such as Zucoins.

He spends his time hunting down the most exciting crypto and stock opportunities on the planet which are potential-packed, risky, exciting small-caps or tech breakthroughs transforming our future through cutting-edge technologies. He is also a leading expert in the UK and Australia on crypto-assets and their future impact on the world.

Mate Tokay

advisor

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Mate is an entrepreneur at heart. After graduating from the International Business School in Budapest in 2012, he helped launch Superior14, a successful food supplement company. He then became interested in crypto after hearing about Bitcoin in late 2012 and began Bitcoin mining in mid-2013 using custom-built ASIC miners. In 2013 he founded the media company, Bitcoinist.com.

After a successful exit in 2015, Mate met Roger Ver and co-founded Bitcoin.com, one of the original and industry-renowned cryptocurrency resources. Mate focuses on a broader vision and communicating that vision to others while staying on top of industry trends. His goal and passion are to make cryptocurrencies as popular as possible.

Robert Zucoins

Robert Novak

cto

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Robert is the CTO at Zukaz and Zucoin and brings a wealth of knowledge and experience within IT, web and app development. Rob started out developing PC games during high school, having then use those 3D skills to design a car-of-the-future that was featured at the Melbourne International Motor show, 3 years running, even managing to take out the title. Amongst numerous other involvements, including having his photography featured at the National Gallery of Victoria, he spent the next couple of years coordinating with overseas manufacturers to import, develop and design software and support for GPS security trackers.

For more than the past decade, he has dove deeply into web systems, spending countless late-nights-and-next-mornings building, maintaining and providing support for hundreds of varying web systems. Those client contracts and projects spanned network, IT, server and application stacks, within industries such as agriculture, tourism, engineering, manufacturing, medical, finance, retail, beauty, among others.

Today, he is responsible for leading the overhaul of technical systems, processes and products inside the company and its two product divisons. He is leading the deployment of a new, ground-up, more efficient serverless infrastructure for web app development, built-in house, powering the future of our products and services.

Allan Zucoins

Allan Endresz

Founder

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As the Founder of Zukaz and Zucoins, Allan Endresz is responsible for running all facets of the business. Allan has a proven executive management track record and over 30 years of experience driving sales growth in the technology and finance industries. Prior to starting Zukaz and Zucoins, Allan was heavily involved in Mergers and Acquisitions and other advisory roles.

At Zucoins, he has built a strong development team and holds the long-term vision for the company. Allan is a strong visionary that never gives up on his goals and dreams. Allan and his team are now developing the world’s first augmented reality tokens that, in real-time and securely store or exchange transactions between everyday users within the Zucoin ecosystem.

Zucoins are the only medium of exchange within an existing e-wallet seamlessly integrated with the augmented reality technology of the Zukaz app.