Safire Cryptography – Blog Post #4 Safire uses the ECDSA Algorithm for generating public private keys to sign and validate ownership of funds and ensure transactions can only be initiated by the true owner. Safire also uses the Sha256 one way hashing algorithm to form
January 31, 2018 Development Status Here is a quick update on the current development status of the project. I am currently moving into the technology demo stage where basic operational functions are being implemented to generate and manage transactions and blocks with reading, writing, validation,
Nov 17, 2017 Here is a summary of the Safire block chain data structure. The chain stores transactions made across the network. There are several different types of transactions each having specific data stored to allow the network to function. In order for a node
Nov 17, 2017 The idea for starting Safire was directly inspired by Bitcoin and it’s amazing new way of letting anyone use and trade currency anywhere in the world. Safire will provide the same currency functions as Bitcoin but do it in a different way.
Nov 17, 2017 Safire is still in the planning and development stage so everything is subject to change going forward but I will outline some of the thinking on monetary policy. The front running candidate is a fixed rate issuance of 100 or 10 units