DID Ledger Lightening Talks

DID Ledger Lightening Talks

Wednesday 2D

Convener: Manu Sporny

Notes-taker(s): Manu Sporny & Anastasia Miron

Discussion notes, key understandings, outstanding questions, observations, and, if appropriate to this discussion: action items, next steps:

Slides: Veres One: 

https://drive.google.com/open?id=1TpAGXvSZH-JRMQLw7KyGmWO4TuBFl_CVk3msMKzXFs

Veres One[edit]

A Globally Interoperable Blockchain for Identity

IIW XXVI - April 3rd-5th 2018

Vision[edit]

A world where people and organizations create, own, and control their identifiers and their identity data

Fit for Purpose[edit]

Veres One is a fit-for-purpose blockchain optimized for identity.

It is public and permissionless

Veres One is FAST[edit]

Fastest DID Ledger

DID Creation

Bitcoin - create: 0.6M / day - consensus delay: ~3,600 seconds

Ethereum - create: 2.1M / day - consensus delay: ~375 seconds

Veres One- create: 18M / day - consensus delay: ~30 seconds

Did NOT do an ICO[edit]

Veres One does not use a token and will not do an Initial Coin Offering (ICO).

ICOs Create Volatility and Network Debt

Veres One is Cost Effective[edit]

Bitcoin - ~$15-$73 per DID

Ethereum - ~$4-$14 per DID

Veres One - ~$1-$2 per DID

Fee-based revenue models ensure long term operation of the network

Commodity prices guaranteed due to strong downward pressure on operational costs

Roadmap[edit]

Beta (Oct 2017) Release Candidate (Feb 2018-today) Production (June 2018) Production Customers (Oct 2018)

Questions[edit]

Any questions related to Veres One or the larger ecosystem?

Manu Sporny | CEO | Digital Bazaar

Co-Inventor of Verifiable Credential & Decentralized Identifier Technology

Co-Inventor of JSON-LD

Co-Founder of Veres One

10+ Years in Web Standards

Customers in Finance, Government, Education, and Healthcare

Email: msporny@digitalbazaar.com

Twitter: @manusporny

https://www.linkedin.com/in/manusporny/

Photo’s by Anistasia Miron

Also the second day, all 4presenters from 4different DIDs sat down and discuss what works how and all the other details. It was amazing to see it!!