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July 21, 2018

The Zen Protocol, RLAY


After a a little bit of downtime, Coinscrum {presents} heads back with a bang featuring two great presentations for you to get your teeth into.
One is a project we’ve been keeping a close eye on since last year and, just as they hit the on-switch, we gladly welcome Nathan Cook, CTO of ZEN PROTOCOL to tell us about their journey so far and where they plan to get to. The other, RLAY – an information Validation Protocol for apps and DAPPs – is slightly earlier on its path to success, but just as interesting all the same.
Zen Protocol is a new type of blockchain, written from scratch in F#, with a contracting language in F*. The design integrates the efficiencies of Bitcoin and the UTXO model, with the programmability of Ethereum and the EVM model. Applications on Zen Protocol can scale further than ever before. Advanced security techniques like formal verification are made natural with their sophisticated tools. By not needing to account for gas there is no need for a VM so smart contracts can be compiled and processed in parallel – resulting in lower costs for the end users.
Nathan studied for three years at Queens’ College, U. of Cambridge focusing on Applied and Applicable Maths: Quantum Field Theory, Special and General Relativity, Percolation Theory, Bayesian methods, Computational Modelling.
RLAY is a protocol, ERC-20 utility token, and distributed network that companies and individuals can use to validate the veracity of information. It is their team’s thesis that decentralised applications cannot reach their full potential yet, since information verification currently requires central authorities. RLAY aims to tackle the problem of “information asymmetry” through propositional transactions that allow machines to unambiguously interpret information and a novel Proof-of-Coherence to verify them. RLAY’s CEO, Michael Hirn, will explain how they intend to fix this critical issue.
Michael Hirn is a former co-founder & CEO of venture-backed AI company (Autumn AI) and a former consultant to Sunstone Capital.
Doors open at 18:00hrs
Presentations start at 18:30hrs
Followed by networking over drinks and pizza
Big love to Coinscrum {Presents} sponsors, KR1KR1 is a leading publicly listed investment company focused on blockchain and decentralised technologies. KR1 invests in early stage projects and blockchain-based digital assets that power the decentralised platforms and protocols that form the emerging Web3 infrastructure. More info at
With thanks to our group sponsors, eToro
eToro is a global investment platform which offers stocks, indices, ETFs, currencies and cryptocurrencies to over 9 million clients. As one of the largest cryptocurrency platforms in the world, eToro allows clients to invest in three seperate ways. Firstly you can manually buy Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Stellar, NEO, Ethereum Classic and Dash. Secondly, for those with a lack of experience or time, clients can automatically copy the trades of eToro’s most successful experts. Lastly, for those who want to invest in a selection of cryptos, this is made possible with eToro’s Crypto CopyFund which contains cryptos based on market capitalisation.
More info at
That boring legal stuff
Please note: We welcome all of our innovative founders to share their ideas at Coinscrum and also love our sponsors to bits. However, their presentations or services provided do not infer any kind of endorsement by Coinscrum, its organisers or Scrumline Ltd of any possible investment opportunity via their products and services or in any related ICO (Initial Coin Offering). Crypto-tokens are a high risk investment and you should always carry out your own thorough research and due diligence before deciding whether or not to invest yourself.
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Paul Gordon
Following a 20+ year career in financial markets, Paul first became interested in Bitcoin in 2011 and helped to establish one of the world's first Bitcoin meetup groups, Coinscrum, in 2012 since when he has grown the community to over 6,500 members, hosting over 250 events and introducing many of the leading projects and thought leaders in the industry.  Paul currently produces the weekly Coinscrum Markets video podcast series and is an active investor and advisor to a number of crypto and blockchain related projects.

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