What unites Bitcoin, gold, and Apple shares? — TkeyNet

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Today we will briefly review the main points that will clarify the upcoming changes in the TKEY project.

If you missed previous publications about TkeyNet, be sure to read them:

Future changes to the TKEY project

Just like the first Protocol (Core 1.0), the TKEY asset used in the TkeyNet network — there are no changes in this plan. After launching TkeyNet, you can transfer TKEY to any user on the TKEY network without any restrictions.

Transactions in TkeyNet will be much faster than it was before. You can check it in practice.

The Protocol has a built-in TkeyConnect module, which allows you to connect various blockchains to our network to conduct transactions directly in the TkeyNet blockchain. Besides, TkeyConnect meets the international ISO and ISIN standards, which also allows you to conduct transactions with Fiat currencies and shares in the TkeyNet blockchain.

TkeyConnect creates a flexible system, giving users the ability to store and conduct transactions in any assets, be it Bitcoin, Ethereum, Litecoin or dollars, euros, etc.

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If the previous software based on the Core 1.0 Protocol, after switching to TkeyNet, wallets, a blockchain search engine, and other software related to the project will be adapted to the new Protocol.

Email addresses of the support service and other departments will be transferred to other service providers and will structure in the following areas: B2B and B2C. The list of email addresses will publish after updates are complete.

B2B (business-to-business) a term that means that a company or a division of a company sells its goods/services to corporate clients, that is, to other companies.

B2C (business-to-consumer) is a term that refers to the commercial relationship between an organization (Business) and a private, so-called “end” consumer.

Information about the project, the company, and its products will subdivide into two websites: tkeycoin.com and tkey.org. The purpose of this division is to simplify product navigation, improve the appearance of pages for each product and solution, and update content.

The solution is modular. The information will be structured according to sections and sites, dividing the corporate and user segments. As the products develop, the information will be updated.

Technical specifications, documentation, and a description of the Protocol and its features will appear on the official website: tkey.org. Sections will fill in gradually.

Between July 22 and July 24, Telnet was successfully launched in testnet mode. Our team is actively testing the entire TkeyNet network and its functions. The system is tested with different scenarios, its effectiveness is checked when working with high loads, and the security of the entire system is audited. Testing of TkeyNet is an important stage of production aimed at detailed research of the program code and identification of errors in the system operation. Comprehensive testing, which is carried out by our team, is necessary to determine the level of readiness of the system for subsequent operation. Testing is based on a set of test scenarios that cover the main business operations.

The testing process contains all the life cycle activities: dynamic and static indicators. The testing process involves planning, preparing, and evaluating a software product. The purpose of testing is to determine that all meet the requirements described, as well as to show that they are suitable for the stated purposes and for detecting errors.

After launching TkeyNet — we will publish the start date of trading on the exchange. Information is available in the official notification: https://tkeycoin.com/en/news/.

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FAQ

You can buy or sell TKEY only on the exchange and not in any other source. Private transactions are subject to high risks. Once again, we remind you that at the time of updates, any transactions with TKEY will be invalid.

If you use a local wallet on your computer, make a backup copy of the wallet.dat file. If you use a TkeySpace mobile wallet, make a backup copy of the private key (backup phrase).

During updates-no transactions can be made on the network, which means that any private dealing made at the time of updates will be invalid. Additionally, we ask you to refrain from any actions related to TKEY until the end of updates protocol, including starting mining, local wallets, and reinstalling them.

Epilogue

Testing of the system and its functions takes place in a stable mode without days off. The test results that will receive at the end of this week will reflect the current state of Affairs. We will get up-to-date information about the end date of updates and the planned release date of TkeyNet.

An announcement of interim test results, as well as future updates, will be published at the end of this week or early next.

Written by

Official TKEY blog in Medium. Infrastructure for the financial ecosystem

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