MDL Talent Hub: Pre-ITO/ITO - Ethereum, Waves, or Skyledger?

Why did we choose WAVES platform for PRE-ITO?

Frankly, none of our team members ever was active in Waves community. But we had a vast knowledge of some Ethereum projects while being experienced investors with ERC20s. The problem is ETH user experience still far away from what people expect from it. This problem doesn’t seem to change any time soon and the current state of congestion with Ethereum network doesn’t allow not only the first useful apps (ICOs + crypto kitties) to show its potential to the world, but it simply shows that putting entire world into one single database [which blockchains de-facto are] is probably not the best idea. Vitalik and his team did great job, they helped crypto community grow and opened eyes to many, but they underestimated the impact it was about to bring to the world. Instead of fighting congestion wars with all those ERC20s, while letting our investors waste tons of money on transaction fees, we have been happy users of Sasha’s creation: it’ll allow MDL team achieve our initial crowdfunding goals and focus on what’s important - building great product. MDL is NOT surfing the blockchain crypto hype, we’re riding the industrial revolution 4.0 vibes.

Why do we choose Skycoin tech / Skyledger?

MDL is [currently] not a dapp or a mere bunch of smart contracts. We see blockchain as an important part of technical evolution. Most importantly - all the blockchains in our eyes are databases. Yes, databases with their peculiar attractive properties of being distributed and immutable. Ethereum is trying to put entire world into one database; but for us as a startup it’s important to make sure that technologies we’re using are solid and well tested. As it was very well put on skycoin’s github, Skycoin improves on Bitcoin [and hence most of its forks] in too many ways to be addressed here. Instead we suggest to have a look into their blog and maybe even glance at the whitepapers.

How will transition to the MDL mainnet happen?

Through a gateway. MDL mainnet will be based on Sky’s codebase, therefore inheriting its precious qualities. Skycoin’s OTC have proven to its team and the community that it works well, code of which everybody can observe and analyze at github.com/skycoin/teller. We’re simply adding support for WAVES node, work on which has already started.

Why you shouldn’t worry?

We are not the first project doing gateway to the Sky-code-based blockchain and previous cases were smooth. The transition from Pre-MDL [MDL.life token on Waves] to MDL [mainnet, skycoin’s code fork - don’t mistake it with Bitcoin forks] will have full informational support and our team will help to solve any confusion. The period of transition will be open long enough for everyone to make the exchange. We do care that everyone is happy while cooperating with MDL.

Why we are happy?

Well, you still should be cautious and never invest more than it’s crucial for you to lose in the case of global emergency. Nobody in MDL project is insured against an earthquake or sudden tsunami. The thing will be workable according to our roadmap in any case.

Happy 2018, Ladies and Gentlemen!

Roman Tronenko, MDL.life’s CTO & [gogo.tattoo’s initiator], Tokyo

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