Opporty ICO: Opporty Updates: April 19–May 16, 2018

plasma ethereum cryptocurrency business-development blockchain

Hello friends!

The Opporty team is working tirelessly to achieve our primary goal — to present an exceptional blockchain-powered marketplace to our customers. We are constantly working on both minute details and large innovative developments to make the Opporty Marketplace more secure and user-friendly.

We have not posted Opporty updates over the past four weeks because we wanted to give our readers more specific information about our latest achievements. Following is a brief overview of the work we have accomplished in the last month, including some additional enhancements.

Landing Page

Developing and operating a grand-scale cryptocurrency marketplace like Opporty requires a deliberate and well-laid-out plan to achieve our desired results.

The project carries with it a great deal of accountability to our contributors and supporters, and we felt that our roadmap was insufficient to demonstrate the entire scope of our future plans.

For that reason, we have added our most definitive projected goals through 2025 to our landing page.

Opporty’s development goals up to 2025

In addition to updating our landing page with new information and breaking news, we have also improved the images of existing facts and statistics. We hope these small changes will make the information easier to grasp.

Opporty’s updated token sale structure

Opporty Plasma Cash

On May 7, we announced the release of the first version of Opporty Plasma Cash, and we became the first company to implement it.

Plasma Cash is an enhancement to Plasma Protocol, which is imperfect due to limited scaling capabilities. Its drawbacks do not allow Plasma to support the exponential blockchain growth required to enable IoT.

Plasma Cash resolves issues of security and scalability, speeding up the process by eliminating the need to download entire Plasma blocks. Proof data is now only required for a user’s own coins.

In Plasma Cash, only specific blocks are handled

Security has become much more reliable with Plasma Cash. Every coin in the network is given a unique coin ID, so any fraudulent attempt will be associated with a specific user. If a user is subject to a fraudulent attack, they can ask to stop the withdrawal by providing proof data.

Users no longer have to worry about cryptocurrency security in the network. Thanks to the coins’ individuality and identification with a specific owner, users will be able to withdraw coins from the system, even if something unforeseen happens to the network.

BTW, you can check out the code of Opporty Plasma Cash at GitHub.

Here is the link: https://github.com/opporty-com/Plasma-Cash

Opporty to Participate in the UN 2030 Agenda

Approved in 2015, the 2030 Agenda for Sustainable Development has a adopted a significant mission to overcome poverty, social instability and environmental issues. The United Nations has outlined 17 Sustainable Development Goals to improve the lives of people all over the world.

The Opporty team is looking forward to joining the UN 2030 Agenda, offering solutions for several subgoals mentioned in the Agenda. In particular, Opporty can help to resolve issues 8.1, 8.2, 8.3, 8.5, 9.3, and 9.8, thanks to the opportunities we provide for small and medium business enterprises (SMEs).

You can read more about the role of SMEs in economic development, the UN 2030 Agenda, and how Opporty can help resolve some of the Agenda’s subgoals in our post, “Opporty Ecosystem: Offering Global Opportunities for Economic Growth and Development”.

What’s Next?

We have added comments to our smart contracts so our code is now easier to explore in our information repository.

Currently, the Opporty team is in the process of API development. We are also working on adding the ability to pay in USD in our contributors’ accounts.

Meanwhile, Opporty stays in the loop by attending the most important global cryptocurrency events and conferences. We are very excited about the upcoming Blockchain Technology and Application Scenarios Innovation Conference (B-TASIC), which will take place June 28–29 in Shanghai, bringing together the top managers of eminent blockchain enterprises.

Stay tuned for further news and updates!

Opporty Updates: April 19–May 16, 2018 was originally published in Opporty on Medium, where people are continuing the conversation by highlighting and responding to this story.

Original article was created by: Opporty ICO at blog.opporty.com

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.

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January 17, 2019

Meet KMSChain, Opporty’s New Partner

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