Integrating with Koinos - A chat with Andrew Levine

in #exxp2 months ago (edited)

Integrating with Koinos1200.png

Integrating with Koinos - what do we need to know?

Hi everyone!

As I mentioned in my post about Koinos mining, I'm very interested in the Koinos network, a new blockchain that is being built by the Koinos Group. Part of the reason that I'm so interested in this blockchain is that we're early.

Being early on blockchain projects can put you in a great position if the network is successful. The KOIN token itself is currently being traded at just over one cent USD on Uniswap...

Integrating with Koinos

Considering users of the KOINOS network will need KOIN to power their usage, this means the barrier of entry to people like myself is tiny.

If KOIN is worth, say, 50 cents a year after Koinos Mainnet is live, then it's obviously a lot more expensive to obtain the KOIN I might need to power the transactions I personally would want to run on this blockchain.

Obviously no one can predict the future, and KOIN might not be used by anyone... but at this point, being so early in the project is extremely exciting.

Integrating with Koinos

I wanted to find out how I could best set up my own project so that once the Koinos Mainnet was up and running, I could incorporate the ability for people to tip each other in KOIN.

I wanted to know what I (and anyone else who might be interested incorporating smart contracts into their projects) could or should learn while the blockchain is being developed... and luckily Andrew Levine (@andracy) was kind enough to join me in a Zoom chat again.

Integrating with KOINOS on

Feel free to start the video by clicking on the image below:

Integrating with Koinos

Unfortunately my video froze during recording... but in the moment everything seemed completely fine to me. Guess that's the difference between using the Recording function in Zoom versus OBS... still, the answers Andrew provides are excellent!

If you'd prefer to watch the chat right here in this post, here is an embedded YouTube video:

I'm really excited with the timelines that Andrew provided, it sounds like we've got a few months to get ready for testnet. I believe at this point, the community will be able to start developing the smart contracts and tools they'd want to use on the Koinos mainnet.

If you have any questions... please feel free to either comment below, or on this tweet:

Here are all the good bits:

Koinos Network Socials


Koinos Group Socials


Thanks so much for watching!

Posted from my blog with Exxp :

Your interviews are very valuable, not a lot of Koinos content out there.

Thanks! It's such an interesting blockchain concept, I'm sure that'll change very quickly...

That's because it's worthless fucking shit created by a bunch of half retarded developers.

From 0 to a 100

Hahaha ... sooo, how much KOIN you still want to buy?

Some great questions!

I think KOINOS has the opportunity to interlink services in crypto space. Due to the setup, all business logic in smart contracts, I believe it'll benefit KOINOS (and with that KOIN) to create a super active development community with an easy to use the marketplace in which service owners like you, can get to smart contract development resources in case some smart contract needs to be built. I do hope de smart contract layer will be occupied by developer teams with a business mindset, ie creating all sort of contracts + tools to allow for easier integration into existing services.

I believe (as Andrarchy kinda pointed out), it'll take considerable time before non-tech people can simply integrate KOINOS into their service (eg website based on JAVA). That's why I believe we need this marketplace for smart contracts devs and service owners. WOuld be even better when in such marketplace, also accelerator type of services are offered, ie supporting devs and service owners to help and support on the business side of things. In the end, services and developments with an inbuild business model and revenue model will create stickiness to those who are involved. At HIVE I see too many devs trying things, but not finishing it. Also, I see too little co-operation between development teams, resulting in various teams building more or less the same features. KOINOS has the opportunity to do this differently, but requires active push from the core team to drive such concepts and give the push to the dev, services and business people.