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Spacemesh is a fair blockmesh operating system designed to run general-purpose smart contracts at web-scale. It aims to become a core internet protocol for blockchain computation.​[5]​ [2]​ [4]


It is powered by a novel consensus protocol that is secure, proof of work free and highly incentive-compatible. [5]


A test net is planned for launch by the beginning of 2019, with the genesis block expected by the second quarter of 2019. [3]


The project raised $3 million in seed funding​ in May 2018 and $15 million in a Series A​ funding round led by Polychain Capital​ in September 2018. [3]​ Funds will be used to growing and compensating the development team, as well as for an open-source bounty program to pay voluntary contributors. [2]


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Created: 08/16/2018 07:04:16 PM UTC
Last Modified: 09/06/2018 02:29:31 AM UTC