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Project Description

Graft Network is a global, open-sourced, blockchain-based, decentralized payment processing platform. The Graft Network platform is powered by the Graft token (GRF). The GRF token will enable purchasers to transact and operate services on the Graft platform when it is launched. GRF is required for participation in Graft network activities.Team:Slava Gomzin: “The Wizard”. Dan Itkis: “The Cook”. Vitalius P: “The Lonely Wolf”.Brad Gleeson: “The Rainmaker”. The dates for the Graft Network main token sale are yet to be announced.Token Reserve Split (76%):

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
September 12, 2018

Cryptocurrency is a “Boys’ Club.” Is This Good or Bad?

Guest post by Pauline FarrisBack in the early 2000’s, the “dot.com” bubble burst, and investors lost huge amounts. One of the interesting elements of that entire bubble was that it was an investment niche dominated by men. Women, for some reason, just didn’t take the risks involved. And...

From: GRAFT Blockchain

September 11, 2018

GRAFT Major Network Update 1.4.2 (“v10”)

As previously announced, we have released network node version 1.4.2 (“v10”) for a major network update. This update will correct the emission curve by reducing block rewards by 50% starting at block 176,000, which will be reached around September 17, 2018.The new block reward formula will...

From: GRAFT Blockchain

September 07, 2018

GRAFT Development Status Update September 2018

It’s time for another dev update! It’s no secret that RTAs (real time authorizations) remain the main focus for the GRAFT development team, so let’s start from the alpha review.RTA AlphaWe are excited to announce that RTA transaction now works end to end for the entire sale...

From: GRAFT Blockchain

September 01, 2018

Changes in Transaction Fee Structure: Even More Ways to Earn with GRAFT Network

As the ideas initially set forth in original GRAFT white paper gradually come to fruition, we have to adjust some “game rules” as we get one reality check after another. One of the most important rules in payment processing is the transaction fee structure. Transaction fees are equally...

From: GRAFT Blockchain

August 31, 2018

GRAFT Emission Correction

When you take a look at whattomine, mining GRAFT is as profitable as mining Monero. At first glance, this seems like a good situation for everyone who cares about GRAFT, especially for the miners. But let’s compare Monero and GRAFT market capitalization (the dollar price of one GRFT multiplied...

From: GRAFT Blockchain

Comments on Square’s Cryptocurrency Payment Network patent

Square has made the news recently with a patent on Cryptocurrency payment network with real-time transactions.We’re very excited about this development as it completely validates the approach we’ve taken with the GRAFT blockchain!Another important question one might ask is “Will GRAFT...

From: GRAFT Blockchain

August 18, 2018

Exchange Brokers Explained!

Exchange Brokers are a critical component of the system, paving the way for pay-how-you-want-it / receive-how-you-want-it capability. Exchange brokers (pay-in / pay-out / interchange) are open to both large and small participants. Watch the new video from All Things GRAFT about how the exchange...

From: GRAFT Blockchain

August 14, 2018

WHAT’S REAL AND WHAT’S NOT IN THE BLOCKCHAIN PAYMENT SPACE

The Blockchain Payment solutions space has recently become a very hot topic, with both legitimate developments and a multitude of questionable claims. This article attempts to separate facts from fiction by outlining the lay of the land and Graft’s competitive positioning based on our view of...

From: GRAFT Blockchain

August 10, 2018

HOW GRAFT IS GOING TO CONQUER THE CRYPTO PAYMENTS WORLD. PART 1: BLOCKCHAIN AND CRYPTONOTE

Slava Gomzin, GRAFT Co-FounderAlthough we have created a lot of materials explaining GRAFT (both existing features and future developments), including countless technical or semi-technical pages, marketing brochures, blog posts, and educational videos, it’s often difficult to see the whole...

From: GRAFT Blockchain

August 06, 2018

ANYONE CAN BE AN EXCHANGE BROKER

Pay-in, pay-out and interchange brokers (aka exchange brokers) are a critical part of the system, and will likely be quite lucrative!True to decentralization principles we’re also working on making it super-easy to launch an exchange broker — straight from the wallet!** Exchange brokers...

From: GRAFT Blockchain

HOW IT WORKS — GRAFT SUPER-NODE AND REAL-TIME AUTHORIZATIONS (RTA) PROTOCOL

New Video from All Things Graft explaining GRAFT Super-node and Real-Time Authorizations (RTA) protocol! Thanks Jose!https://youtu.be/7mNovjovS2I

From: GRAFT Blockchain

GRAFT FILES A PATENT ON A DECENTRALIZED PAYMENT NETWORK

About the PatentThe non-provisional patent application covers various facets of the network, but perhaps most importantly the multi-purpose Supernode layer which acts as the “pre-frontal cortex” of the network, handling super-fast sale and interchange transactions.Why did we file...

From: GRAFT Blockchain

August 03, 2018

PAY-IN/PAYOUT EXCHANGE BROKERS: DESIGN AND ECONOMICS

As mentioned in the original white paper, the network relies on pay-in and payout brokers to facilitate near instant payments with any fiat or cryptocurrency, and near-instant merchant payouts into any fiat or cryptocurrency. What follows is a more detailed description of how the system operates...

From: GRAFT Blockchain

GRAFT TO RELEASE THE FIRST SUPERNODE THAT PROVIDES REAL-TIME AUTHORIZATIONS FOR CRYPTOCURRENCY…

GRAFT TO RELEASE THE FIRST SUPERNODE THAT PROVIDES REAL-TIME AUTHORIZATIONS FOR CRYPTOCURRENCY PAYMENTSWith RTA Supernodes release, GRAFT makes first step into the era of blockchain being a viable option at the point of sale, providing level of service comparable to that of the credit/debit card...

From: GRAFT Blockchain

July 26, 2018

GRAFT SN RTA ALPHA TESTING

Dear GRAFT supporters, the first Full Supernode with RTA is quickly approaching and we’re super-excited about nearing this huge and ever-so-important milestone! Since many of you have expressed interest, we’d like to solicit your participation in the alpha testing. We’re looking forward to...

From: GRAFT Blockchain

CRYPTOPIA ANNOUNCEMENT

As you may have heard, GRAFT is getting listed on Cryptopia. The trading is scheduled to start in a few hours, around 4 am UTC on the 18th of July 2018 with the following trade pairs will be available — GRFT/BTC, GRFT/LTC, and GRFT/DOGE.Here’s the original announcement.Cryptopia is a...

From: GRAFT Blockchain

July 10, 2018

Conference Live Stream

Tune in to our facebook page for the live stream from Blockchain World Conference in Atlantic City where Slava will deliver the “Crypto Under Siege” message.Date: Thursday, July 12Time: 12:20 PM — 12:50 PMStage: Blockchain.

From: GRAFT Blockchain

July 06, 2018

GRAFT WALLETS ARE SAFE AND NOT AFFECTED BY DOUBLE COUNTING BUG

As you probably know, most exchanges recently took offline all CryptoNote wallets (including Monero) due to Double Counting Bug. We tried to reproduce an exploit of the double counting bug with GRAFT master (current GRAFT version) to prove that GRAFT is not affected. In order to do that, we have...

From: GRAFT Blockchain

June 21, 2018

PRIVACY, SPEED AND FEES. PART ONE: PRIVACY

By guest post by Nicole DeCicco Owner/Founder CryptoConsultz, LLCWhere is our “triple threat” solution to payment processing?Cryptocurrency enthusiasts are well aware of the problems the crypto economy faces in terms of privacy, speed, and fees. While the blockchain community is scrambling...

From: GRAFT Blockchain

June 08, 2018

NEW ELEMENT OF GRAFT ECOSYSTEM — PAYOUT TOKEN

DESIGNING PAYOUT TOKENS AND REAL TIME DECENTRALIZED EXCHANGEAs we’re working on the design and development of the features defined in the original GRAFT white paper, we are monitoring industry trends, listening to the community, and constantly looking for new ways to enhance and extend...

From: GRAFT Blockchain

May 14, 2018

GRAFT DEVELOPMENT STATUS UPDATE MAY 2018

It’s time for another status update! Y’all are busy people, so let’s not waste any time and get right to the point.Payment AppsLet’s start from really good news — our Merchant Marketplace app just received certification from Verifone — big step towards GRAFT acceptance by...

From: GRAFT Blockchain

May 08, 2018

VERIFONE CERTIFICATION STATUS UPDATE

After working closely with the Verifone team over the last six months on developing and certifying GRAFT Network integration using Verifone’s brand new Connect application platform, we’re proud to announce passing of the main phase of the rigorous certification process as of the end of last...

From: GRAFT Blockchain

April 23, 2018

GRAFT MAJOR NETWORK UPDATE 1.2.1 AT BLOCK 68000

We just released a major network update 1.2.1. This update is intended to mitigate recent attacks on GRAFT blockchain and improve the stability of the block intervals. There are two major changes included in this release: timestamp manipulation prevention and improved difficulty adjustment...

From: GRAFT Blockchain

April 18, 2018

GRAFT NETWORK MAJOR UPDATE 1.1.2 AT BLOCK 64445

We decided to make the major network update even sooner due to the problems with ASIC and difficulty the nertwork has been experiencing over the past several days. The source code of the patch version 1.1.2 is now released and available for download from master. The binaries of the new release...

From: GRAFT Blockchain

April 12, 2018

PATCH 1.1.1 HAS BEEN RELEASED — MAJOR NETWORK UPDATE ON BLOCK 65110

We decided to make the major network update sooner in order to minimize the possibility of hashrate attacks. Patch version 1.1.1 is now released and available for download from master. The major network update itself is rescheduled for block height 65110, around April 14th.Each GRAFT network...

From: GRAFT Blockchain

April 11, 2018

GRAFT 1.1.0 ‘BETA LYRAE’ HAS BEEN RELEASED

We are excited to announce the release of major GRAFT network update version 1.1.0 ‘Beta Lyrae’ to the master / mainnet! Multiple tests are passed, and all the seed nodes are updated. The major network update itself is scheduled for block height 67850, about a week from now on April 17th....

From: GRAFT Blockchain

GRAFT IS NOW TRADED ON STOCKS.EXCHANGE FOR BTC AND ETH

We’re happy to announce that GRFT is now traded on Stocks.Exchange as our second external exchange with support for BTC and ETH pairs.*External exchanges play an important role for any token by providing liquidity for miners and a way for new people to get involved with the project, and we...

From: GRAFT Blockchain

April 10, 2018

LATEST TESTING RESULTS OF THE ENHANCED DIFFICULTY ADJUSTMENT ALGORITHM

The upcoming GRAFT network update will take care of problems with hashrate attacks and instability of block intervals (in addition to ASIC resistance upgrade). We would like to share the most recent results of the new difficulty algorithm testing on the testnet. The first graph shows how the...

From: GRAFT Blockchain

April 04, 2018

UPCOMING GRAFT NETWORK DIFFICULTY ALGORITHM UPDATE

The code release for the upcoming GRAFT network update, which includes ASIC resistance, enhanced difficulty adjustment algorithm, and minor bug fixes, is almost ready to go, and we are on track to release it on Monday, April 9th, with the actual switch scheduled to be triggered around April 16th...

From: GRAFT Blockchain

March 30, 2018

CONSOLIDATING “US” AND “EU” GRAFT MINING POOLS INTO A SINGLE COMMUNITY POOL

GRAFT team is going to consolidate the “US” and “EU” mining pools into a single community pool, which is supposed to increase the efficiency and reduce the costs of maintenance and support. Initially, at the moment of GRAFT blockchain launch on January 16th, 2018, two pools were supposed...

From: GRAFT Blockchain

March 28, 2018

UPCOMING GRAFT SOFTWARE RELEASE AND MAJOR NETWORK UPDATE

As was promised in the last week’s post, we provide more details regarding the upcoming major network update. The mainnet release of GRAFT software update has been scheduled tentatively for April 9th, with the major network update to happen on April 16th (specific number of the block that...

From: GRAFT Blockchain

March 23, 2018

BRIEF UPDATE ON STATUS OF ASIC RESISTANCE AND DIFFICULTY ALGORITHM

GRAFT core development team is currently in R&D phase working on both ASIC resistance and improved difficulty algorithm, which will be included in the same network upgrade (hard fork). As we unfold various challenges and conducting addtional testing, we plan to release the details and...

From: GRAFT Blockchain

APPLE WALLET IS BACK!

Good news — the Apple wallet is available on iOS again!https://itunes.apple.com/app/id1354423228

From: GRAFT Blockchain

HOW DOES GRAFT NETWORK ECO-SYSTEM WORK?

How do merchant service providers, pay-out brokers, application developers, authorization Supernode owners all fit together on the GRAFT Network? How the network is scaled, regionalized, and managed? Find out!

From: GRAFT Blockchain

March 14, 2018

GRAFT Anti-ASIC Fork

GRAFT team shares the same concerns raised by Cryptonote/Cryptonight community associated with creating a special hardware (ASIC) for Cryptonight mining. We realize that enabling ASIC (Application Specific Integrated Circuit) at this point may introduce a risk to stability, decentralization, and...

From: GRAFT Blockchain

March 11, 2018

GRAFT Development Status Update March 2018

It’s been a while since our last development status update. Please excuse us — everyone at GRAFT, including dev team, was super busy with supporting both ICO and mainnet, which happened to be launched almost on the same day. We had to make sure the best experience for users. There were...

From: GRAFT Blockchain

March 09, 2018

Recent Updates in GRAFT Wallets: Send and Integrated Addresses

GRAFT provides CLI wallet, mobile wallets, and desktop wallets for Windows and Mac. All wallet apps now are able to send GRFT to other wallets, which is functionality that initially was available only in CLI wallet. We also added support for longer integrated addresses required for sending funds...

From: GRAFT Blockchain

March 05, 2018

GRFT IS NOW TRADABLE ON TRADEOGRE.COM

Well, we can’t say we planned on it, but GRFT is now tradable on TradeOgre exchange.Our focus exchange-wise has been on getting a higher tier exchange that can be a solid part of the GRAFT eco-system for in-network exchanges; however, since GRAFT is a public, decentralized blockchain, if a new...

From: Graft

February 26, 2018

HOW TO EXCHANGE GRF:TOKENS TO GRFT TOKENS

If you participated in presale or promotion programs and received intermediate NEM Mosaic tokens, please follow those instructions to exchange your grf:tokens to real GRFT tokens (1:100).1. Download and install GRAFT wallet to receive GRFT tokensDownload Android WalletDownload Windows...

From: Graft

February 21, 2018

GRAFT TRANSACTIONS: HOW TO TRANSFER YOUR GRFT BETWEEN WALLETS

If you read GRAFT white paper, you probably know that RTA (Real Time Authorizations) is one of the main features proposed by GRAFT. Eventually, all GRAFT transactions will be real-time (point of sale purchases) or near real-time (“regular” inexpensive, or in some situations even free fund...

From: Graft

February 16, 2018

Graft Blockchain Driving Crypto Stability by Stimulating Retail Use of Cryptocurrencies

It is cliché to say that cryptocurrencies are volatile. In addition to the common reason of not understanding how cryptocurrencies work, volatility is the second most common reason most people have not adopted cryptocurrencies.The cryptocurrency volatility issue springs from the fact that the...

From: Graft

February 08, 2018

IMPORTANT CHANGES IN GRAFT DESIGN

Combined PoW/PoS (proof-of-work/proof-of-stake) algorithm was one of the most important proposals in the original GRAFT white paper. After getting some real-life experience with running the mainnet since January 16th, and based on feedback received from multiple miners and potential supernode...

From: Graft

January 20, 2018

10% EARLY BIRD DISCOUNT

Folks, we want to announce a few things: 1) We’ve added support for Paypal!2) We’re extending the 10% early bird discount by two days since we didn’t support all the currencies from the beginning!3) XEM is next! #GraftBlockchainhttps://ico.graft.network/

From: Graft

January 19, 2018

ICO IS LIVE!

Ready. Set. Go.Watch the story of Martin, a crypto millionaire, trying to spend his crypto and take steps to mainstream the cryptocurrency with #GRAFTBlockchainThe ICO is on now, with 10% bonus in the first 48...

From: Graft

THE MAINNET IS UP! LONG LIVE AND PROSPER GRAFT BLOCKCHAIN!!!

Graft is a rare ICO project with its own blockchain. The team is so dedicated to mainstreaming cryptocurrency and making a merchant-friendly solution that we have developed a blockchain that is built around the merchants’ systems and processes, bringing together the most advanced techniques in...

From: Graft

January 10, 2018

GRAFT MVP DEVELOPMENT STATUS UPDATE JANUARY 2018

Happy New Year 2018! It’s time for another update! As we are getting close to the ICO, the development team is focused on ICO related tasks at the moment. Early GRAFT supporters, who participated in token pre-sale, know that we used temporary NEM Mosaic grf:tokens during pre-sale. However, we...

From: Graft

December 01, 2017

Paying with Bitcoin at a Restaurant — First Hand Experience

I was in Ukraine last week working on setting up some of the operation back there. The country is famous for its fabulous food and tech talent. It’s also very fast at adopting new trends. An associate mentioned a restaurant that was accepting cryptocurrency, so I decided to check it out.Not...

From: Graft

November 23, 2017

Introducing SUPERSTAKE: Important Enhancement of Graft Network Protocol

If you have read Graft white paper, you should remember that in Graft Network only full supernode is allowed to perform real time authorizations (instant approvals) which are issued by an authorization sample — a group of full supernodes that are selected by special algorithm. The main...

From: Graft

November 16, 2017

How we priced GRAFT ICO

We get a lot of questions about the ICO pricing, including “Why GRAFT ICO is so expensive”. What follows is an attempt to explain how we arrived at the ICO pricing and what all contributed to it.Not All Altcoins Are the SameThere are two types of altcoins (aka tokens) out on the market...

From: Graft

November 10, 2017

GRAFT Network MVP Development Status Update

We would like to update the community on the status of Graft Network development. We have made a lot of plans and promises, and now it’s time for our dreams to start coming true. In order to achieve our ambitious goals, we have put together an efficient team of very talented and experienced...

From: Graft

October 15, 2017

Pre-Sale is Coming to an End — Quick Recap

As GRAFT Pre-sale is coming to an end with a few hours left on the clock, we wanted to take a minute and reflect on the experience.We didn’t know what to expect going in, starting with an honest project that applied our backgrounds and our awesome team’s knowlege to solve a real problem in a...

From: Graft

The Beauty of Cryptography: Why We Chose to Build GRAFT Platform on CryptoNote Protocol

Is cryptography a science or an art? Its fruits are beautiful, and only true art can produce a beauty! Dostoevsky said “beauty will save the world.” The beauty of cryptography will save privacy and security of our world in a time of total connectivity.Look at Elliptic Curves, a public key...

From: Graft

October 12, 2017

Announcing Pre-Sale Advantage Guarantee and ICO Preference

We at GRAFT Foundation understand that Pre-Sale buyers are taking a bigger risk by participating early. As such we feel like it is only right to lower the risk and up the rewards to our Pre-Sale buyers by offering a multi-part Pre-Sale Advantage Guarantee:If there are incentives offered to the...

From: Graft

October 11, 2017

Cryptocurrency Service Brokers

A set of cryptocurrency service brokers will be available for each major cryptocurrency listed on https://coinmarketcap.com/, starting from the top of “top 10” by market capitalization. The service brokers will boost liquidity of each cryptocurrency by enabling various payment options on...

From: Graft

October 10, 2017

WHO SHOULD BUY GRAFT TOKENS?

GRAFT Network enables crypto payments to work similarly to other payment processing networks (like Visa, Mastercard, Amex) by supporting special functions such as instant authorizations, merchant paid fees, etcGRAFT tokens are the lifeblood of GRAFT Network and are used as a specialized interim...

From: Graft

October 05, 2017

GRAFT Network YouTube Video

GRAFT Network YouTube Videohttps://www.youtube.com/watch?v=hdacgxgFX14

From: Graft

October 04, 2017

GRAFT MERCHANT TOKENS: INTRODUCING VCHAINS

Merchant token is a simple smart contract that allows creating a private token that belongs to its owner. Unlike some other smart contract and token platforms, creation of GRAFT merchant token does not require any programming and can be done by anyone.The business features described below are...

From: Graft

September 24, 2018 19:50

GRAFT ColdPay Cold Wallet + Payment Card

We’ve always known we wanted to do a COOL card, not just any card. So here it is - get ready for a GRAFT ColdPay SuperCard!

Large e-ink display + BLE, NFC, EMV - we’re very excited about not having to cut corners in a quest for an ultimate cold wallet and payment card in one slick package.

First batch of 1,000 units is slated for late November 2018.
Go to the web site to sign up for the updates.
graft.network


September 13, 2018 23:02

All Things Graft - The Graft Transaction Fee

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

In this video, I try to give you a complete breakdown of the overall Graft transaction processing fee and provide a few examples of fees one would expect to pay in different types of payment scenarios. Now, since Graft is being developed to resemble and work very similar to traditional payment systems the overall Graft transaction is also comprised various small fees which are charged to the merchant and are awarded to various network participants. The network participants that can be found on the Graft network are a Merchant Service Provider, the proxy supernode owners, the pay-in and payout brokers, the owners of the supernodes within the authorization sample and finally the owner of the mining node. Each of these participants charges flat percentage fee which all add up to the overall Graft network transaction fee. MSP's normally charge a fee of around .2% - .4% per transaction, proxy supernode owners charge a fee of .05% each per transaction, the pay-in and payout brokers charge a fee of .25% each any time an exchange is needed and performed on the network, the supernode owners of the authorization sample charge a fee of .5% per transaction which is divided between all 8 supernodes of the sample, and the mining node earns a flat of .1 GRFT or greater which is set by the merchant service provider depending upon their business model. Now, in this video I cover various types of different payment scenarios where the fees paid by the merchant range from 1.5% plus .1 GRFT all the way down to .6% plus .1 GRFT. Transaction fees on the Graft network are much lower than transaction fees on traditional payment networks. This is the case even at the highest transaction fee charged by the network. It is easy to easy from this video and the examples why cryptocurrencies and the Graft payment network are a better option for any merchant needing to process cryptocurrency payments.

Disclaimer:
I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.


August 29, 2018 11:22

All Things Graft - How Graft Is Like Visa/MC/Amex

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

In this video give I try to explain how the Graft payment platform is being developed to work very similarly to traditional payment platforms and why such development is Graft’s greatest advantage over any other cryptocurrency payment solution. In order for Graft to become the first global decentralized payment blockchain solution it will adopt payment processing protocols and flows similar to more traditional electronic payment systems. This adoption is important because it will allow consumers and merchants to easily begin using cryptocurrencies for payments in a way they are most familiar with. One of the first characteristics that makes Graft similar to traditional payment platforms is it's ability to split payments into authorization and settlement. This is something that is done by all traditional payment platforms and is something that is important for Graft to adopt. Another characteristic is that Graft charges fees to the merchant and not the buyer, which is completely opposite to the way current blockchain systems works. If we want consumers and merchants to adopt cryptocurrencies as a payment option then they need to be able to transact in the same way they are used to. Another characteristic is that Graft is being developed to integrate easily with current point of sale systems. This will allow merchants to easily accept cryptocurrency payments through existing point of sale terminals making cryptocurrency adoption a lot easier. Merchants will also have access to Graft's decentralized API allow them to easily access with any 3rd party point of sale terminal in order to process cryptocurrency payments. Another characteristic is that Graft will allow for the processing of payments with a variety of different transaction types. This is something that is very important in order for businesses to begin using cryptocurrencies as this will allow them to use cryptocurrencies for payments in a way they are used to. Another characteristic is that Graft will also offer decentralized crowd funded credit cards as well cold storage cryptocurrency debit cards. This will help people that are not familiar with the world of cryptocurrencies to still continue to use payment cards to make payments while still being able to upgrade to the world of cryptocurrencies. The final characteristic is that Graft allows for instant currency exchanges within it's network. Graft will all buyers to pay with whatever cryptocurrency they prefer while also allowing merchants to accept their preferred currency, whether it'd be Graft, another cryptocurrency or their local fiat currency. Graft is being developed by payment industry professional that understand the industry and know exactly what technologies to combine in order for Graft to gain worldwide adoption.

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.


August 17, 2018 23:03

All Things Graft - The Graft Exchange Broker

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

In this video give you an overview of the Graft exchange broker and explain how they provides near instant cryptocurrency exchanges of various cryptocurrencies within the Graft network. Graft exchange broker plays a very important role within Graft’s network because it’s the part of the network that allows for the real-time exchange of various cryptocurrencies within the network. Graft exchange brokers enable the instant acceptance of various cryptocurrencies by merchants at the point of sale, the ability for merchants to receive payout in whatever currency they prefer, either crypto or fiat, and the ability for ANYONE to exchange one particular cryptocurrency for another in real-time. Every exchange that is performed by an exchange broker is trustless and automatic since they require the use of Graft’s authorization sample in order to perform the trade. The authorization sample ensures that all exchanges provided by exchange brokers occur in a decentralized manner. Anyone is able to become a Graft Exchange Broker. All that is required a minimum balance of 50,000 GRFT. Now, any time the service of an exchange broker is required the exchange broker can assume any of the following three roles; a Pay-In Broker, a Payout Broker, or an Interchange Broker. A pay-in broker allows merchants to instantly accept a particular cryptocurrency at the point of sale by quickly exchanging that cryptocurrency into Graft in order for the transaction to be processed within the Graft network. The payout broker allows merchants quickly exchange Graft into the particular currency the merchant would like to receive as payout. And the Interchange brokers are simply pay-in and payout brokers that transact with each other in order to allow for the real-time exchange of one particular cryptocurrency for another. Interchange brokers allow two different parties to leverage Graft’s 2nd layer network of supernodes to perform a trustless exchange, also known as an atomic swap, between two different cryptocurrencies other than Graft. Graft pay-in and payout broker functions can be extended beyond Graft’s intended payment ecosystem and into a real-time decentralized exchange. As long as each party holds up their end of the bargain then each party will receive their payout. Graft exchange brokers play a very important role within Graft’s network and is what will allow merchants to instantly accept any cryptocurrency at the point of sale, receive their preferred payout currency, and allow anyone to exchange any major cryptocurrency for another in real-time.

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.


August 14, 2018 02:33

All Things Graft - The Graft Supernode & RTA

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

In this video I give an overview of the Graft supernode and explain how it enables instant real-time authorizations of cryptocurrency payments within the Graft network. The Graft supernode is the most important part of the Graft project because it enables may different important functionalities. Graft is decentralized which means anyone can own a Graft supernode. All that is required is a powerful server and a stake or collateral balance in the wallet associated with the supernode. Supernode stake ranges from 50,000 Graft all the way to 250,000 Graft. Graft also offers delegated staking which allows people to combine balances in order to run a supernode. There are two different types of supernodes on Graft's network. They are called the full supernode, which process real-time authorizations and hosts service brokers, and a proxy supernode, which provides higher level of privacy for network users as well as offline transactions approvals for merchants. Proxy supernodes are also used to relay transactions between wallets and the authorizations sample, which is a group of 8 supernode that authorize and validate transactions. The Graft blockchain is comprised of two layers. The first layer works similar to how other single layer blockchains work while the second layer is new uniquely designed to provide instant authorizations.

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.

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July 24, 2018 13:58

All Things Graft - Why Graft Is Important

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

In this video, I attempt to explain the importance of the Graft payment system and the value that it brings to the world of payments. As, I've explained in previous videos, Graft, is a payment system that allows merchants to easily accept cryptocurrencies at the point of sale. The easiest way to describe Graft is to say that it's the Visa or Mastercard of cryptocurrencies but in reality it's actually a whole lot more. The most important thing about Graft isn't that it allows merchants to easily accept cryptocurrencies. Instead, it's what Graft is actually bringing to the world of payments which is the same thing that Bitcoin has brought to the world of currencies and that is decentralization. To the average person, Bitcoin is simply just another currency but in reality it's actually a way for civilization to escape our debt based slave system of money. Bitcoin frees us from having to take part in the current monetary system. This is only possible due to it's decentralized nature. Decentralization allows Bitcoin to have no central point of control and gives the world a more fair system of money. The unfortunate thing about Bitcoin, however, is that it wasn't designed to meet the needs of the payment industry of today. Bitcoin is too slow and it doesn't allow for different payments types which consumers and merchants relay on today. In order for merchants to accept Bitcoin they have been forced to utilize 3rd party payment processors which reintroduces centralization to Bitcoin and contradicts the main principle of cryptocurrencies, decentralization and independence. Centralized 3rd party's reintroduces the problems decentralized systems aim to solve which is trust, security, and privacy. In order for Bitcoin to continue it's financial revolution it must be used with a payment system that preserves it's decentralized nature. As a fully decentralized payment system, Graft, gives merchants the ability to accept cryptocurrencies at the point of sale in a variety of payment types while also preserving the decentralized nature of cryptocurrencies. Graft is what I believe to be a continuation of the decentralized payment revolution that Bitcoin started back in 2009 and the platform needed to launch cryptocurrencies towards mainstream adoption.

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Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.


July 24, 2018 13:49

Graft Network - The Graft CryptoFind APP

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

Video Details:

In this video, I give you a quick overview of the Graft CryptoFind app and explain all different ways it allows users to earn GRFT rewards. CryptoFind allows users to find or list merchants accepting cryptocurrencies in their local area. Merchants can be listed as accepting Bitcoin or as accepting all cryptocurrencies with Graft's Payment System. App users can check app listings and verify for accuracy by visiting the merchants store. Anyone is free to make corrections on the app should any listing be found to be inaccurate. Listing merchants requires the merchant's e-mail address. Graft offers a 100 GRFT reward for each merchant listing. You can also earn for taking on a more active role in helping spread cryptocurrency adoption in your local area. You can earn by simply getting merchants interested in Graft and listed on the app (100 GRFT), interested in Graft and place a Graft coming soon window cling on their store window (300 GRFT), or get them setup using the Graft payment system with either the Graft point of sale app or a Graft enabled point of sale terminal (500 GRFT). You can also earn bonuses for posting multiple genuine listings within the app. Rewards range from 250 GRFT all the way up to 25,000 GRFT. You can only list a maximum of 100 locations per one single account. Rewards and bonuses are subject to change at anytime. With Graft's current rewards and bonuses you can actually earn up to over 90,000 GRFT with a single account. This is enough to earn you a tier 2 supernode.

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GRFT: GADRSHxh9Fcgd6mbJLToE3edrMNCLaDSgbX6W5w6qh5ST3tdFYmwK4gdsMAk6LC37JFPgCwuHtfLs1dF37Nb3XuFEmz874X

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.


July 24, 2018 13:28

All Things Graft - Graft Simply Explained

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

In this video, I attempt to explain what Graft is in the simplest way possible and the role that it aims to play within the world of cryptocurrencies.

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GRFT: GADRSHxh9Fcgd6mbJLToE3edrMNCLaDSgbX6W5w6qh5ST3tdFYmwK4gdsMAk6LC37JFPgCwuHtfLs1dF37Nb3XuFEmz874X

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.

Transcript:

Hey guys, welcome back to All Things Graft. In this short video, I’m going to give you a simplified explanation of what Graft is and the important role it aims to play within the world cryptocurrencies. So, what exactly is Graft? Well, to put it simply, all Graft is, is a decentralized payment system. That’s it. There’s nothing really else to it. Now, you may be wondering. Isn’t that what other cryptocurrencies already are? Decentralized payment systems? Well, the answer to that is actually, no. These cryptocurrencies are actually decentralized DIGITAL CURRENCIES or more simply ONLINE CASH. There is a BIG difference between a currency and a payment system. Most cryptocurrencies are the equivalent of what paper money is in the real world. They are like the dollar, the pound, or the euro only they are not owned by any central government. They are digital forms of cash and like cash can be used to pay for goods and services. Graft, on the other hand, is a FULLY DECENTRALIZED PAYMENT SYSTEM. It is the equivalent of what Visa or MasterCard are but without any central point of control. Visa and MasterCard makes it easier and more convenient for people to transact with paper money and that’s what exactly Graft does but it does it for those using cryptocurrencies. Graft enables instant cryptocurrency payments at the point of sale and takes away for merchants any of the risks associated with the acceptance of cryptocurrencies payments. Graft is what many believe be the missing link between cryptocurrencies and mainstream usage. Now, there’s actually a lot more to Graft which I won’t cover in this video for simplicity’s sake. You can check out my other Graft related videos to learn more or visit Graft’s website at Graft.Network. I promise, you’ll be amazed at what Graft is bringing to the world of cryptocurrency payments. Until next time, this is All Things Graft, signing off.


July 24, 2018 13:23

All Things Graft - We Need To Come Together

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

Video Details:

I created this video in response to an experience I had on the cryptocurrency subreddit. The aim is to help remind us that we should stick together and be supportive of each other and the projects we love. It all started after I made a post on the r/cryptocurrency subreddit. The post was about the Graft point of sale app being shown on the Carbon 10 (Verifone POS Terminal). One of Graft's co-founders, Slava, demonstrated how the application would work on one of the most popular point of sale terminal manufacturer in the world, Verifone. This footage was a big deal because it's the first cryptocurrency application to be displayed on a prominent payment industry player's device. Verifone terminals are found in some of the world's largest retail stores. This was really BIG news. Now, the post I made began receiving a lot of attention and many people asked lots of questions. Unfortunately, reddit removed the post due to "brigading" which is the act of asking people to upvote your post to receive more attention. This is prohibited. The problem here is that someone reported this to reddit and it caused the post to be removed. The point of the video is to remind us that we're all here for the same reason. We need to remember that cryptocurrencies are about decentralization and freedom. They're about getting rid of the middleman. We shouldn't be fighting with ourselves because the enemy isn't within our cryptocurrency community. The original post shows how Graft is aiming at bringing cryptocurrencies a lot closer to mainstream adoption by enabling cryptocurrency payments at the point of sale through Graft's payment system. They are like the Visa or MasterCard of cryptocurrencies focused on getting YOU to use your favorite cryptocurrencies at your favorite stores. Remember, stop the FUD, especially in a bear market such as this one.

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GRFT: GADRSHxh9Fcgd6mbJLToE3edrMNCLaDSgbX6W5w6qh5ST3tdFYmwK4gdsMAk6LC37JFPgCwuHtfLs1dF37Nb3XuFEmz874X

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.


July 24, 2018 12:56

All Things Graft - Introducing Payout Tokens

Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use.

Video Details:

This is a video version of Graft's blog post entitled "New Elements of Graft Ecosystem" which explains two new important features being added to the Graft Ecosystem. While working on design and development of the features in the original white paper, Graft always monitors industry trends, listens to the community, and is constantly researching new ways to enhance and extend functionality of the Graft network and it's applications. Graft is in the process of refining the white paper and will include two new ingredients to its ecosystem, payout tokens and a real-time decentralized exchange using atomic swaps on the network of Graft supernodes. These new features will enable optimal flow of funds between crypto and fiat. Let's refresh our memories to recollect Graft merchant tokens. Graft merchant tokens offer smart contract-backed functionality like loyalty point accumulation and use, reward points, sale discounts, spending discounts, competitor discounts, coupons and store credit. There are no programming skills required by merchants to use these tokens. Graft is not trying to build another Ethereum platform. Graft is designing easy to use merchant tokens which anyone can use. Now, using the same technology Graft is also designing the Payout tokens. These tokens are designed to avoid the volatility problem associated with accepting cryptocurrencies as payments. Merchants still deal with fiat currency so they need to convert easily between the two. Payout tokens represent local currencies and are always backed 1 to 1. There will always be an equal number of fiat currency in bank accounts as there are payout tokens on Graft's ecosystem. Payout tokens are only issued out by licensed and responsible financial institutions which are the only centralized part of the ecosystem. These financial institutions will always make sure there is an equal number of fait in their accounts as there are payout tokens. Graft is open to partnership inquiries from financial institutions interested in offering payout tokens tied to the local currency. Please, e-mail them at [email protected]

Disclaimer: I am not a legal, financial, or investment professional. This video is for educational purposes ONLY and SHOULD NOT be used for or interpreted as legal or financial advice. Please do your own research prior to making any legal or financial decisions and always remember to comply with all laws at all times.