Bitcoin Forum

I've heard Stratis is creating a wallet called "breeze" that will allow you to instantly tumble your transactions right in your wallet from stratis to bitcoin and back in turn making it untraceable. If this is true, this should be the biggest thing since Monero, Dash and ZCash!

Any thoughts? ??? ??? ???

where you have found this news? sound a bit incredible to me but everything it's possible.

http://www.newsbtc.com/2017/03/03/stratis-announces-breeze-wallet-improve-bitcoin-financial-privacy/

This'll be one of the best innovations in crypto, that also complements bitcoin, further strengthening the technology for better efficiency and privacy :D Also seems Stratis is already segwit ready upon their C# Full Node release

Do you mean if that will be instantly converted into the bitcoin and send back to the stratis form?

So, my opinion if that will make sense if there are reserved fund to convert the stratis amount to the bitcoin.
And convert it back to the stratis amount.

Is it true?

But looks impossible for me.
That's very hard to be implemented.

Looks stratis will have implemented Zero Proof system.  :D

yes I heard there will be masternodes with bitcoin in reserve to instantly process the transactions. However its just what I heard.

Can anyone confirm this?

It uses TumbleBit technology, this will be the first TumbleBit tech available to BTC.

In fact they've done the first transaction, it's pretty crazy to think anonymous BTC is literally just over a month away.

here's the academic paper for TumbleBit, it's a hell of a slog, but with some dedication you can get a pretty good idea of how this could change BTC forever:

https://eprint.iacr.org/2016/575.pdf

Yes the objective is have a wallet that provides BTC TumbleBit transactions, i.e anonymous bitcoin transactions. Plus the same functionality for Stratis coins. Plus the ability to exchange BTC to Stratis and vice versa, using cross chain, atomic transactions.

I think this will be a game changer for crypto.

Its true, here is some extra information about it.

https://cointelegraph.com/news/breakthrough-in-bitcoin-space-breeze-wallet-to-redefine-transactional-privacy

https://stratisplatform.com/2017/05/12/stratis-developers-roadmap-and-update-june-2017/

https://stratisplatform.com/2017/03/02/stratis-breeze-wallet-redefines-financial-privacy-for-blockchains/

stratis = way over price now so they need to find someway to justify that cap.

Belongs more in the 20M-40M range tops

You mispelled underpriced and 200-400M

You misspelled misspelled :)

After reading the Blitz/stratis debacle I halted stacking stratis. I still have no clear picture of what went on there but it didn't seem clear cut.

Why is it overpriced? I would love to hear your thoughts.

thanks

anonimity isn't anything big anymore today, the big now is segwit and block size, basically everything has to follow what lack in bitcoin, anonymous is good and all but it's not because of this thta more investors will buy more stratis, every coin nowadays have some form of anonimity and with mixer you can have all the anonimity you want

But bitcoin and litecoin and all of them are not anonymous, and who trusts mixing websites? They steal your coins!

Breeze is suppose to be completely decentralized, they will be the first to utilize this new technology. Monero, Dash and the rest don't have TRUE anonymity, they have weak points. so yes it is still a very big thing. Segwit is great for bloated old skool blockchain technologies but for altcoins that don't have those issues, who cares?

In my personal belief only there are better projects with stronger teams with far lower caps. Added to the blitz/stratis debacle that is not clear cut I don't like any projects with any skeletons that have not been outed completely.

I will not mention the projects in this thread since I don't think it is fair to spam threads with other projects. Only comment on the project in question.

I hold the view stratis is a 20-40M project tops.

Just my view, and is no more valid that any other persons view. Crypto is highly unpredictable since there are so many factors and things stacked against the casual observer as things stand than is possible to allow for. There is surely more upside and less downside potential in many other projects.

Fair enough. My view after doing lots of researching this past hour is that this could be up there with etherum.

Blockchain technology is in it's infancy, once businesses catch wind and want to integrate blockchain technology how will they go about it? They can either:
1. Hire expensive cryptocurrency advisors to understand what the blockchain tech is and how to use it, and coders to create their own internal blockchain (which would defeat the purpose, just becomes a large database that is not decentralized) or hire really expensive coders that know Ethereum's unique programming language to create limited smart contracts on Ethereum's already bloated network.

2. Use the Stratis platform built specifically to allow businesses to create their own side chain that is bloat free, and decentralized utilizing the stratis network, in a well known popular language C#.Net. This route includes training & support from the stratis university to integrate blockchain technology into their business, and cheap and accessible programmers that are fimilar with C#.NET.

If I was a business, the most logical decision would be #2.

As blockchain technology gets more adopted by mainstream business, governments, banks, etc,  Stratis will be one of the GO-TO blockchain platforms to integrate this advancing technology.

If they were the only 2 projects out there this could be a valid POV. It still could be.

I would look at other projects though that could throw a spanner into the works.

I don't want to advertise other projects but there are those out there that are magnitudes better value than stratis at this point imho.

I wasn't trying to be mean :D
I respect your opinion, it might be overpriced in terms that it only has a wallet as of now, but the roadmap looks really good and promising, that is why the price has gone up.
Also, I can not comment about most of other teams but this one seems to be the hardest working from all the ones I have had the time and opportunity to check.
Lets see what the future gives us.

It's very great news for this stratis . I can not wait for any more and I will buy some bunches of stratis now.

Which is why I finished off by saying Stratis will be "One of the go to platforms" I'm not saying it will be the only one. Ethereum,stratis,nem,ripple, etc will be utilized in the future as they are being adopted by the REAL WORLD which is really all that matters going forward.

So my view? At this cap, and the potential going forward, Stratis is an excellent buy and hold. We don't all have to agree, but I started this thread about stratis to learn more about it and that's what I've done. I've come to the conclusion this can, and most likely will be the next top 5 coin without a doubt.

Thanks for your opinion!

I'm new to crypto and have been looking into different projects. Is the breeze wallet more of an ambitious side project for the team? Any idea when businesses will be able to start utilizing and building on the Stratis platform?

Check out this recent road map they posted:
https://stratisplatform.com/2017/05/12/stratis-developers-roadmap-and-update-june-2017/

https://stratisplatform.com/wp-content/uploads/2017/05/Roadmap_Stratis_1H2017_V010.png

Seems like Q4 they will start getting businesses on board.

Thanks for the solid research! Will spare a lot of time to newcomers.
I agree with you, Stratis has what it takes to become one of the greatest projects out there.

Okay that's fine. I would though look through the top 100 on CMC and really dig deeper.
You will find MANY projects (not 4) that can easily easily exceed stratis usecase and stratis is also in a cramped niche with some big players.

The upside of some of those projects from an investment stance are magnitudes higher than stratis. With way less downside potential too.

You also need to beware of projects with any skeletons in their closet. The stratis/blitz debacle as I mentioned is a cloudy/murky area. This is the main reason I stopped buying stratis.

But after reviewing all of these things you still believe stratis is a good bet at this point then that is cool.

Thanks for the info. The screenshots of the Breeze wallet looks pretty cool.

Will people switch to that Breeze wallet for the sole purpose of Tumblebit/anonymous transactions?

Also, why hasn't anybody else already created and implemented tumblebit?

Thanks again for the help understanding this project.

From my understanding, yes the wallet will store Stratis coins, and BTC coins in the same wallet for the sole purpose of processing TumbleBit Technology transactions, but not only will it be utilizing this technology it will be DECENTRALIZED, which means there will be NO trust issues, and no "WHAT IFS". It's going to be the first coin that I've seen that provides anonymous transactions, without any "WHAT IF" tracing scenarios.


Why hasn't anyone else implemented it? Probably because it's complicated, no one has attempted to integrate this technology in a decentralized way yet, stratis is the first!

@cryptohunter
can you post any info about that blitz/stratis debacle? cant seem to find any.
Thanks in advance

Also, other than the good looking roadmap, masternodes (not the only node) have been announced and lots of people are accumulating while it is cheap for that reason, meaning price will hardly ever go lower than 1$ again.

It seems to me like the Breeze wallet is a nice feature but only a peripheral project for Stratis. The main focus must be the actual Stratis platform that will allow businesses to implement blockchain technology without having to create their own blockchain, is this correct?

Also, not sure about the blitz thing.

Everyone has opinions. I am curious what are your magnitude better projects. I am for example from gambling and I think anything connected to esports, provable fair etc., is way overhyped, because people simply do not want it and it is better=cheaper done on central server.

It's a peripheral project in terms of the value to the STRAT token, but its priceless in terms of marketing for the Stratis project. A lot of value has moved to various alt coins for their anonymity features. The bitcoin ecosystem needs to play defense against the growth of these coins. The Breeze wallet bringing truly anonymous transactions to bitcoin is a game changer in that in one shot bitcoin is insulated from the weakness of a lack of anonymity. But STRAT the token is also a first-class citizen in the Breeze wallet, as well as STRAT masternodes being a core part of what makes Tumblebit work. Today very few people know of Stratis. Once Breeze wallet is released, every bitcoiner will know of Stratis. You can't buy that kind of marketing.

It does sound like the Breeze wallet will provide a lot of exposure to Stratis- Which would be good bc it seems Stratis is relatively undiscovered so far. But maybe I only think that bc I'm new.

Wouldn't someone have to seek out the Breeze wallet on their own? Do you expect tumblebit to be so compelling that people will go out of their way to find and use this wallet?

As long as darknet markets remain active (they will), word will spread quickly about Breeze wallet. People are becoming more aware of the lack of anonymity in bitcoin and a dead-simple method to make your bitcoins anonymous will be invaluable. Not to mention that the bitcoin powers will want to reference Breeze wallet as the answer to Zcash, monero, etc.

Sounds like you sold your Stratis too early?

been checking cryptohunter's posts and all he wants is to become the new super hero, crypto detective, going from thread to thread posting stuff that leads to nothing most of the time. Not going so well is it?

Been doing more research on Stratis and saw some info comparing Strat to Eth.

Any chance Strat could actually be better than or equivalent to Eth? Seems like a bold comparison.

What makes people see Stratis as potentially the next Ethereum?

This is already available in NXT (with BTC thumbling thru MGW) since a while and this will also be possible in Ardor for any child chain afaik. What are the difference with what stratis wish to do?

Just quickly researched NXT and ardor- it looks like they both use a shuffling approach to anonymize coins that isn't trustless. I think the difference is that Stratis employs tumblebit, which is completely trustless.

I'm new to this so please help me understand if this isn't correct.

The shuffling protocol on Nxt and Ardor are trustless, but it is true that the current gateway offered in and out of Nxt and Ardor are not 100% trustless.

I think it is possible to use secure atomic blockchain transaction to achieve a trustless scenario, which Nxt and Ardor support already (but afaik no one build application with this feature yet, even tho they are available since a long time).

That is your opinion and valid to you im sure. Although provably incorrect. I'm not here to change your mind though.

I post facts only. If these do not fit in with your alt coin selection process then that is your issue not mine.

If you can not spot projects with magnitudes more upside and magnitudes less down side then that is again your issue not mine.

If you had put just 1 or 2 bitcoins in to each of the 5 projects I listed in the top 5 projects this year at the time I tipped them you would have been a multi millionaire. Verifiable by dates posted and exchange charts. Many persons have thanked me for my investment advice. What have you contributed to anyone else that is verifiable ?

So when you consider that as not going too well and leading to nothing then I see why your posts are what they are.

Add to which I have spent hours and days of my own time helping to uncover scams and make others aware of them.

You are against uncovering scams and making them a pariah?

So what again is your point?

The blitz/stratis connection is a point to be wary of. The true story I feel is never going to be known.
I do myself believe the blitz "senior" group that somehow make all the decisions for the community kindly turned down on behalf of the rest of the blitz community a large share in stratis for no apparent reason although the community was very unhappy. I was told they were compensated in stratis to cut blitzers off from what was stated they would receive. One day though the truth will blow as it always does at some point.

Again i say it is not a bad project but to say there are not others that are superior and cheaper is a bold and I believe misguided view.

Make up your own minds but be sure to review even the minute details since they the are ones that can eventually make or break your investment.


 

Businesses run the world. What is better then a stratis blockchain platform built and molded for businesses? Now if your going to start telling me I should be looking into your football coin, your going to lose me. haha ;)

So stratis will make Bitcoin anonymous?  I wonder how will achieve that.  And also wonder why it rather dont make stratis anonymous.

Because you need something of value to piggy back on. There are a lot of coins which have anonymity features built in, but they lack the stability and network power backing Bitcoin. Stratis aims to ride this band wagon.

spot on!

They are making both Bitcoin and Stratis tokens available to become private transactions. The bitcoin tumblebit will be implemented first, then Stratis will follow. They aim to be complementary to Bitcoin, rather than a competitor. The idea is phenomenal and will give privacy to millions of people who use the tried and true, king of Crypto, Bitcoin. Stratis is very innovative, and as time moves forward, people will see a very serious dev team that has a high aim to make a great product. They are well on their way.

Whoops! Your ignorance is showing... Better put it away so no one realizes you're a fool.

No, tumbled bitcoin will remain bitcoin, and tumbled stratis will remain stratis, but in the future you will have the OPTION to swap one for the other directly in the Breeze wallet, but that is not necessary. Bitcoin stays bitcoin (only its tumbled for privacy), unless you want to turn it into Stratis (that feature will be down the road, for now, Bitcoin will be the only available option to tumble coins in Breeze. Stratis tumblebit will follow in the next quarter.) So it's definitely a good thing for both coins. They aren't trying to steal bitcoin's thunder, but rather act as an aide to it by providing privacy, and also becoming a sort of 'test-bed' for some of the proposals to bitcoin, such as segwit and such. The best is yet to come.

Stratis works with the bitcoin network rather than in competition to it. As great as it is to have alts with anonymous features, at the end of the day the majority of people use bitcoin. Even ETH doesn't even come close to competing with bitcoin in terms of real usage.

thank you for that explanation.

Wow I have been reading more about stratis.. this is such an undervalued project. I will be loading more! ;D

Acchain is China's block chain project called the asset collection chain, it is completely open source assets of the digital platform and tools to let the world's assets flow up to barter.You can go to the official website of the asset chain to see more information.https://www.acchain.org/en/index.html

I am speechless. I am without speech.

Some really great debates on this website.

I am extremely new to crypto currency and it's very educational.

When we talk about a new criptocoin, all associate thoughts in Bitcoin, Ethereum and in their commercial value. But often the crypto-currencies bring technological advances to the market that can be used by many segments and other companies, and have their currencies as a background. As is the case with Stratis. The platform is in some cases similar to Ethereum, however, instead of focusing on ICOs and smart contracts, the company has a wide range of other capabilities that cover potential needs in the spectrum of block solutions. Is being used to offer its services to other companies.