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Essentia Code Review of Data Interoperability ICO

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OK, what are we doing today? Quick Essentia code review, it’s a data interoperability ICO, some funny terminology here – “Essences” are data owners, private or corporate, “Synergies” are the links designed to help data services operate. Sure, why not. But hey, they call their robot assistant Jarvis, so it can’t be all bad. Jumping in.

Essentia, the next generation (what generation are we currently at?) layer of interoperability and data. Essentia is a masternoded (this is a verb now?) multi-chained set of protocols connecting centralized and decentralized resources to create new powerful interactions and experiences.

Essentia is a modular decentralised interoperability and data management framework. Their masternodes are just regular nodes.

SIMETRI Research

 

 

Started playing with their app, I like the interaction and design, seems pretty cool. Wallet has full functionality, can easily store files into IPFS, Swarm or Storj. Impressive so far.

 

 

eLogin uses your own public and private key to sign login information to prove authenticity.

 

 

This is very cool, I’m seeing a generalized trend of plug and play services starting to appear, I’ve also started toying with the idea and implemented some features, these guys are far ahead of me, it’s nice to see.

EtherDelta integration. I’m impressed. So, all the jargon aside, these guys are an integrator, but they are pretty far ahead in the game. Why they need their own network, I don’t know, but I like what I’m seeing, so let’s head over to the repo.

 

 

Bit disappointed with the repo’s, I can already see the real meat isn’t here. What we do see is bitcoinlib (presumably used for the wallet and sending/receiving funds), blockcypher-python (used for block exploration on the BTC based networks), Omise python and pywallet. Still, they could have implemented it all in an innovative way, so let’s have a look at their modifications.

I really appreciate that they did forks instead of clones. It makes it significantly easier to see what they are up to. Thanks guys.

pywallet, even with master, moving on.

omise-python, even with master.

blockcypher-python, even with master.

No meat in essentia-sia-api either unfortunately.

Essentia Code Review Conclusion:

No code yet, but the webapp prototype looks promising. I’ll keep an eye out if they release something new.

 

Disclaimer: Crypto Briefing code reviews are performed by auditing what is on display in the master branch of the repo’s made available. This was performed as an educational review and any comments in the article are the opinion of the writer. It is normal for code to change rapidly, hence we timestamp our code reviews so that they present a snapshot at a moment in time. Information contained herein should not be used as any comment or advice on the project as a whole.

Essentia Code Review Timestamp: May 8th, 2018 at 19:03 GMT

 

DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

Andre Cronje
Andre Cronje
Andre is a software architect with 20 years of development experience. After completing his 3 year computer science course in 5 months he was asked to stay on as a lecturer. He moved into telecoms developing big data, high transactional infrastructure, before delving into mobile security and cryptography. His last five years have been spent building bespoke FinTech solutions and leveraging blockchain technology to provide cost-reducing financial products to the unbanked sector in Africa.

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