Blockchain protocols were explosive in 2017. It was a year of pioneering new ideas and ushering in new technology and investors. We saw massive growth in Market Cap for the overall Cryptocurrency and Blockchain world. I believe its only getting started. China is on the forefront of developing Blockchains and we will continue to see a massive growth regardless of what traditional media reports. Trinity, which is currently set to launch its Initial Coin Offering in January will be similar to “Lightning Network” a project that has been in development for years and aims to implement itself onto Bitcoin Core. On the Ethereum side, Raiden Network is a similar protocol. So let’s break down further details into what Trinity actually does. Trinity, will be set in the NEP-5 Standard, which is the NEO Blockchain standard similar to ERC-20 for Ethereum. The technology that Trinity uses is called State Channels. What this means is that a sort of pathway is opened up, 2 ways for each end user to communicate in the form of transactions. They are off-chain and private, known only to the users of the pathway, the channels are also limited in their timespan. After completion of this channel, the information can be uploaded to the Blockchain. This technology also allows for lower fees when doing transactions and instant transactions.

Use Cases

Payment Channel

Off-Chain Interactions

Publishing

Channel Routing

High Speed Transactions

Team Behind Trinity

NEO has proven to be a flexible and efficient Blockchain that will allow for incredible Dapps to be built on it. With Trinity implemented, it will increase the efficiency of the Network and be a strong contender for Ethereum. The team behind Trinity is David Yiling Li (Founder) who was formely with AntShares (NEO) and has experience as founder of Fourier PR which expanded the presence for many young Crypto-Economy projects. Co-Founder is Guangfeng Zhang, a Blockchain security expert with 15 years of tech development, and Fengping Yi, a Government Affairs Specialist with a rich experience in project development. Clearly, this is a winning project, and I expect it to be massive going into 2018 and 2019.