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About SIM CHAIN
We have made the world's first attempt to speed up the blockchain using quantum computers. Quantum computers are already an available technology, and we are conducting a demonstration experiment on our testnet using four quantum computers.
The Ministry of Economy, Trade and Industry (METI) has selected our project as an "unexplored target project". With this support, we have started the first development. We are now gradually increasing the number of members and funds to verify the network.
Click here to check Japanese Government HPThis project was started by three of my classmates from the University of Tokyo. All of us have science backgrounds, and we are working day and night on development with the aim of dramatically improving the blockchain.
Key features of SIM CHAIN
Scalability
Simia can support over 50,000 transactions per second, while maintaining a block time of 400 milliseconds.
Dispersibility
By using the Turbine block propagation protocol, the platform can support thousands of nodes while maintaining performance and scalability.
Cost
Transaction costs on the network are estimated to be US$10 per million transactions.
Why Lightning Network?
How we used quantum annealing machine?
Only Bitcoin and Ethereum will Survive
Various proprietary chains are currently being developed, but we wonder if they will ever become popular. We believe that Bitcoin and Ethereum will be the mainstream. Therefore, a second layer that improves on these two chains will become important in the future. We have linked the second layer to quantum computing.
Solana is not enough
El salvador's legal tender is now Bitcoin. This trend will accelerate in the future. If all humans were to use Bitcoin, how many processes would be required per second?
Big Competitors
If you want to increase the speed of payments, the first and easiest thing to do is to change the way blocks are approved. That's what Solana has done. But we believe that Bitcoin and Ethereum will be the only ones left when virtual currencies spread around the world. Let me repeat that. In other words, we believe that projects that increase the speed of Bitcoin and Ethereum will grow in the future.
Problem and Challenge
we focus on routing algorithm. Current routing is based on greedy algorithm however we apply quantum annealing theory to this matter.
Lightning
The Bitcoin Lightning Network (BLN), a so-called "second layer" payment protocol, was launched in 2018 to scale up the number of transactions between Bitcoin owners. In this paper, we analyse the structure of the BLN over a period of 18 months, ranging from 12th January 2018 to 17th July 2019. Here, we consider three representations of the BLN: the daily snapshot one, the weekly snapshot one and the daily-block snapshot one. By studying the topological properties of the three representations above, we find that the total volume of transacted bitcoins approximately grows as the square of the network size; however, despite the huge activity characterising the BLN, the bitcoins distribution is very unequal: the average Gini coefficient of the node strengths (computed across the entire history of the Bitcoin Lightning Network) is, in fact, ~0.88 causing the 10% (50%) of the nodes to hold the 80% (99%) of the bitcoins at stake in the BLN (on average, across the entire period). This concentration brings up the question of which minimalist network model allows us to explain the network topological structure.
Quantum Annealer
We use Fujitsu, TOSHIBA, D-wave quantum annealer.These hardware has strong calculation power however they have many weak points such as calculation result is blurred.
We sell algorithms to wallets and exchanges.
Once we calculate the fastest route, we have an advantage because we support that channel. This calculation is done using Greedy Algoritm, which is now offered for free by Blockstream and others. This calculation is done using Greedy Algoritm, which is now offered for free by Blockstream and others.
We have done many experiments
For the past three years, we have been repeatedly experimenting with annealing machines to find routes. The annealing machine, which has now grown to 8000 memories, is fully capable of solving real-world problems.
Speed Fianance
Scalable, Instant Bitcoin/Blockchain Transactions
8000:
VISA
A Visa card is a payment card that uses the Visa network and is branded by Visa.
1500:
XRP
Ripple is a payments settlement system that can process transactions around the world.
10
Bitcoin and Ethereum
Bitcoin is a cryptocurrency created in 2009. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies.
300,000
SIMIA
Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee.
Mito Project
Since we were selected as an Mito project, we have been working on a hybrid method of quantum annealing machine and blockchain to achieve the highest speed system.
SIM Tokens
Our Tokens with a realworld use case created on the blockchain network.
Sales Information
| Private Sale Starts | 10 August 2021 12:00 GMT |
| Private Sale Ends | 20th September 2021 12:00 GMT |
| Total Token Supply | 1,000,000,000 |
| Tokens Allocated for Private IDO | 200,000,000 |
| Hard Cap | $3.25m |
| Soft Cap | $1.75m |
| Token Value | 1 SIM = 0.01 USD |
| Accepted | BTC, ETH, USDT, BNB, BUSD |
Private Sale Stage End In
Allocation
- Airdrop1%
- Liquidity10%
- Team9%
- Reserve10%
- Foundation10%
- Block Rewards30%
- Early Investor15%
- Private sale5%
- Seed Sale10%
Allocation
- Engineering and Development40%
- Business Development12%
- Marketing & Promotion20%
- Legal & Regulation10%
- Operational & Administration8%
- Contingency4%
- Partners6%
SIMIA CHAIN
Our first approach is solving travelling salesman problem.
Read the Whitepaper
Our whitepaper is based on 2018 Mito project and we have repeated many experiments for 3 years. Please take a look at fabulous results.
Transactions
for the Future
Lightning is a decentralized network using smart contract functionality in the blockchain to enable instant payments across a network of participants.
- Instant Payments.
Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.
- Scalability.
Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.
- Cross Blockchains.
Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians.
How it works
Bidirectional Payment Channels.
Two participants create a ledger entry on the blockchain which requires both participants to sign off on any spending of funds. Both parties create transactions which refund the ledger entry to their individual allocation, but do not broadcast them to the blockchain.
Blockchain as Arbiter.
As a result, it is possible to conduct transactions off-blockchain without limitations. Transactions can be made off-chain with confidence of on-blockchain enforceability. This is similar to how one makes many legal contracts with others, but one does not go to court every time a contract is made.
GO QUANTUMN
In 2012, theoretical physicist John Preskill came up with a formulation of quantum supremacy, the superiority of quantum computers. He named it the moment when quantum computers can do things that are not possible for ordinary computers.
Light-speed swaps. Next-level liquidity. Friction-less yield.
The evolution of DeFi
- SIMIA determines whether swapping within a liquidity pool or through the order book will provide the best price for the user, and executes accordingly.
The roadmap to success
What are our major goals?
Our market strategy will prioritise blockchain technology rollout to utilities based on their transformation. View our roadmap to see how exactly we are making that happen.
Originated from research on quantum bifurcation machines, the SBM is a practical and ready-to-use ISING machine that solves large-scale "combinatorial optimization problems" at high speed.
The testnet is a test environment for Binance Chain network, run by the Binance Chain development community, which is open to developers.
A Crypto Wallet for Binance Chain, Binance Smart Chain and Ethereum With the Binance Chain browser extension you can send and receive funds on Binance Chain.
Kota MikamiFounder of simia and Entrepreneur
behind the idea
The Founder
I'm interested in spreading technology around the world.We want to use technology to learn about a world that we have never seen and do not yet know.
Rather than competing in areas that we already know, we will use the power of technology to challenge the world beyond our imagination.
Kota Mikami
2014 Entered University of Tokyo
2017 Established C'mia Corporation
2018 Contracted by Ministry of Economy,
Trade and Industry for Quantum Computer Project
2019 Simia Chain Opened
How to Participate?
You can join us from our dex system.
1. SEND Us Cryptocurrency
Prepare the wallet like metamask and send us cryptos! We acceptet BTC, ETH, USDT, BNB, BUSD.
2. You Receive SIM LOCK TOKEN
1 SIM = 0.01 USD. In this setting, our dex exchanges your token and our SIM LOCK Token. This Lock will be expired in 6 months. SIM LOCK Token is based on Binance Smart Chain.
3. Six Months Later
Please visit our dex system, and push "UNLOCK" button. Then, your SIM LOCK TOKEN will automatically transform SIM TOKEN.
