Payther - A decentralized payment tool over ethereum blockchain
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WHAT IS PAYTHER?
Payther is a decentralized smart wallet developed with a simple concept of enhancing digital payments over the ethereum blockchain using an advance elliptic curve. The whole project scheme will comprises of two different ecosystem which are; 1. Payther Payment platform that will be made available over web and mobile apps, providing a very intuitive payment facility that will be ultimately powered by smart contract. And 2. The PYT tokens which will serve as the necessary fuel to exploit all the favourable feature of the payther payment platform. The ecosystem which will be a double-sided accessible platform; (client-side for the blockchain transaction and server side as the oracle and task authentication system host) and will be fully construct using JavaScript, oracle and submerged smart contracts.
FEATURES OF THE PAYTHER PAYMENT PLATFORM
1. Escrowed Payment: a well-secured smart contract powered escrow between users within the ecosystem to safely send, receive and exchange Ethers or any supported erc-20 token with one another. Any one can directly exchange tokens by sending a transaction notification to the second party email, which after it’s accepted, the initiator will be alerted, and funds of the intend amount will be locked until the final transaction has taken place.
2. Multiple Payments: its not a common trait and feature of most traditional ethereum wallet to facilitate multi transaction feature. Payther will be the first among numerous platform to offer a simple and convenient way for users to mark several payments to numerous recipients up to 10000 at the same time at no additional cost, while still maintaining the erc-20 standard and decentralized nature of the ethereum network. This is so easy as just providing all recipient ethereum address and specifying the amount for each address or simply send an equal amount of funds to all at once. We believe this should provide ease to users who are planning a large payment disbursement or running an airdrop of their custom erc-20 token.
3. Payment scheduling: one of the most prioritize goal of this project is creating a really smart and stress-free payment ecosystem for all ethereum users. With this feature, one can appoint his funds to be sent to a specific user and at a specific time and date, either one-time or recurring. This process is handled by an underlying smart contract and a web3 API which connects to an ethereum node, ensuring all interactions are between the end user and the ethereum network
4. Username domain service: One of the innovative aim of PAYTHER is the development of a simulated Ethereum Name Service (SENS) which works almost similarly as ENS, but without going through tedious process of obtaining one and only works within the PAYTHER ecosystem. The PAYTHER SENS domain name allow any one turning their 0xUSERADDRESS address into something easy to remember such as payther.me/Amazinguser through domain-to-address mapping and further makes it possible to conduct a donation event, where a unique interface will be displayed to recipient to donate or contribute in any digital currency (ETH & PTY for now) as set by the sender/owner, where all the funds received through this SENS address will be automatically forwarded to the sender’s underlying ethereum (mapped) address in real-time. The SENS will be most useful for users who tend to have something more unique when requesting payment from other within the PAYTHER ecosystem and in future, ETHEREUM network in general.
PAYTHER AIRDROP DETAILS
PAYTHER is an open source and non-profit oriented project meant to provide value added feature that enhance how funds are managed and how payments are being made over the ethereum network. The PYT token is but an utility token meant to be used as the fuel for obtaining some features of the PAYTHER ecosystem. Therefore, we ate not organizing any public crowdsale or initial token offering. The PYT tokens will be distributed through series of airdrops and community bounties. Therefore, will be conducting on of the most biggest airdrop in the history of cryptocurrency. We will be airdropping 300,000,000 PYT tokens which is 30% of the total supply to our community members as well as the members of the public who show interest in welcoming our project.
The maximum number of participants for the airdrop is capped at 300,000 people, and each person are bound to receive 1,000 PYT each.
Token specification;
Name: Payther
Ticker: PYT
Platform: Ethereum
Type: erc-20
Maximum supply: 1,000,000,000
Airdrop total: 300,000,000
Start Date: 9th June, 2018
End date: 30th October, 2018
REGISTRATION PROCEDURE
The process to which users can participate in the airdrop is quite simple as completing some few easy steps as giving on the official airdrop page and all participants will be subjected to KYC policy which will prevent this event from being abused and filter out cheats. also, to comply with any current and unforseen regulations. All nationals are welcome to participate in the airdrop.
For detailed roadmap, please see the website or the introductory paper v1.0
For Any enquiry, questions about the project, please direct them to support@payther.co
For bounty information, please visit the bounty page
CAREERS OPPORTUNITY
Payther is a project run by like-minded people with a common interest of contributing to the usefulness of blockchain to the average human and their economy. We believe that a tree cannot form a forest and mostly, a problem shared is likely to be solved. If you have any talent which you know deep within that could immensely contribute to the success of this project, then please join us in this historical journey to creating a better payment system on the ethereum blockchain.
There are quite open spot to be filled withing our community and we are looking forward to receive interest in joining our team of compassionate blockchain researchers and developers.
We will announce the procedure to recruit new members into our team on all our social media pages sooner than later.