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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: abdullahzaib on January 08, 2018, 12:23:03 AM



Title: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 08, 2018, 12:23:03 AM

Introduction

Azerium is the first highly scalable decentralized DAG based cryptocurrency with location and identifier anonymity, no-fee instant transactions, upto 100,000 transactions per second and an option to refund/chargeback within a time window using binding contracts. Azerium is mainly inspired by Raiblocks and Byteballs. It targets to provide necessary tools for businesses to adopt it faster. Azerium will have a native exchange with an option to support for various accounting rules (for example, help users comply with IRS rule 1031) and be one stop shop for everything related to cryptocurrencies.


Team

We are a team of passionate and dedicated developers, focusing on bringing the best of cryptography to this project and provide an unparalleled experience with the currency itself and its exchange.

Abdullah Zaib: https://www.linkedin.com/in/abdullahzaib/
Junaid Malik: https://www.linkedin.com/in/jdmalik/
Karan Anand: https://www.linkedin.com/in/anandkaran/
Pavan Kompelli https://www.linkedin.com/in/pavan-kompelli-576aa6/ 
Hadeel Elbitar: https://www.linkedin.com/in/hadeel-elbitar-28976a15/

The goal of this pre-announcement is to gather community feedback and find people with the same interest who are as passionate as ourselves in achieving this common objective. We have been exploring deep into crypto domain for more than a year and are working to enhance and develop existing technologies to bring together the best of everything.
We have developed a lot of respect for people already working towards improved solutions and moving forward from blockchain. Azerium aims to continue that mission to streamline crypto.

Process Details

At its core, Azerium uses DAG and is inspired mainly by RailBlocks and ByteBall. It provides highly scalable (100,000 tx/s in the start and improves with more nodes), power efficient (suitable for all devices), and instant fee-less (with some PoW) anonymous transactions. All of this is made possible by improving on existing technologies and building new ones.

DAG based Network

The core of Azerium’s network is a chain of transactions blocks per account/wallet. Since the chain is per account, only the account owner can add a new block to it. As part of a transaction, essentially the receiver & sender both add a block to their chain. The proof of such an action is broadcasted to the entire network, so that other nodes can then vote to resolve conflicts (if the need be). This is also why Azerium’s transactions are super fast and reliable. This is further enhanced by worker nodes in the start to have 100,000 tx/s guarantees.

Anonymity

There are many ways to achieve location & machine anonymity (using Tor and I2P). In addition to that, Azerium also offers completely trace-less transactions. This is done by clever use of state of the art hashing techniques. Sender can transfer the resources privately, while posting a hash to the ledger. Since the receiver has been told what the resources were, they can then use it to compute the hash & certify the receipt.

The executive summary of the process to make an untraceable payment is (in depth details followed by the whitepaper),

  • Sender generated the payload corresponding to the resources being transferred
  • A random padding is added to payload (so that hash of payload is not predictable)
  • Transfer the resource privately
  • Add the hash of payload to public DAG (i.e. Azerium’s mesh)
  • Receiver gets resource, computes the hash & confirms that it matches the one which was added to public ledger

Fee-Less Transactions

Each node initiating a transaction gets instant initial confirmation by addition of transaction in local chain, then it confirms N other transactions. N is decided based on weight of the recent transaction and is a bounded value (to have deterministic time). Similar to a tangle, Azerium’s core network is basically a mesh (made up of Dag). A node must only confirm the transactions which it knows are valid. There is mutual benefit of doing this. We can also attach weights to transactions.
Whoever is adding a transaction, is contributing by confirming other transactions thus making the mesh more secure. Consider the following scenario: A node adds a new transaction, which (knowingly or unknowingly) confirms a conflicting transaction. Other devices on the network will also see this, but will not approve this conflicting transaction. Thus the original work which was done, is totally wasted. This is the motivation to either directly or indirectly confirm transactions which are not conflicting.
As the number of confirmations of a particular transaction increase, it is added into the mesh with higher level of confidence. For context, we define weight as the amount of work that the issuing node put into it. This means, to make a transaction more important, nodes need to put more work into it. This also ensures that a node cannot generate transactions that have a really high weight (since they would have to work proportionally more to prove it).

In order to issue a new transaction, the node needs to,

  • Confirm N unconfirmed and non-conflicting transactions
  • Prove that it has put in the required amount of work: This is done similar to how Bitcoin requires the hash to have some pre-determined number of leading zeros

Fast Transactions

The instance confirmation of a transaction comes from the fact that the transaction is added to local chain of a node immediately. The growth in number of nodes in mesh increases confirmation rate of the transactions. Confirmation time depends on the network topology / bandwidth limitation and the number of transactions per second. There is no limit by which the number of transactions are bound or the rate at which they can be confirmed. This results in a massively parallel and super-fast network.

Quantum Proof Model

Each transaction in Azerium must always be accompanied by some proof of work, i.e. is weighted but with a cap. So the main advantage of a heavy computational resource can’t be used to its full extent. There are also measures within the system to prevent a node from generating too many transactions within a short period of time and also avoid race conditions.

Highly Scalable

Azerium supports 100k transactions per second in the start, this will scale out as more nodes contribute to the system. It’s possible with weight balanced verification from worker nodes in the start by Azerium on i2p network. This works with modified zK snark to have deterministic run time and have infinite scalability. The trust-able worker nodes only activate when overall transactions drop by 100k to keep transactions fast and efficient.

Refund/Chargeback

Using cryptocurrencies, there have been instances where one of the parties involved in the transaction turned out to be malicious. This has given cryptocurrencies a bad reputation. Azerium offers fair and reliable instant transactions to address that. With Azerium, merchants and buyers have an option to keep the payments with an escrow until the contractual obligations have been met, this can be set as default by the wallet and is configurable.

Distribution

We strictly believe in fair and transparent distribution and a clean launch. No pre-mined coins for anyone (including the development team). We buy at the same price as the entire community. The project is self funded and we will continue to do so as much as we can.
The details of distribution model are still being worked on, and we welcome the feedback from community to contribute in making the process of distribution fair, transparent and balanced. We also believe marketing is important for mass adoption and will have a finite portion from the distribution.

Closure

This document is a an executive summary and a pre-announcement, and is in active development. We will provide with regular updates as soon as we have more significant details to share.
Please let us know your thoughts. Our main goal is to have this project driven with community’s support . Together we can all strive to make the entire ecosystem better.

Channels to get timely updates,

Telegram: https://t.me/azerium




Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Malek17 on January 08, 2018, 12:43:02 AM
bullshit scammer from stone and zeth,never donate to this guys they here only after donations then disappear a real project will post the announcement at least when the project is almost ready and mature,this guys make a new thread here almost every week with the words DAG,Zsnark,Anonymous,TOR...etc in them to fool newbies,this project is pure fiction just to get the scammer some donation


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 08, 2018, 12:47:23 AM
We understand your frustration but we’re NOT asking for donations, just your opinion and support.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: kamiyama on January 08, 2018, 12:52:10 AM
Fee-Less Transactions
How much does that cost?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 08, 2018, 01:01:04 AM
Fee-Less Transactions
How much does that cost?

Computational cost is static, if you’re asking about transaction fee then that’s zero since the role of authenticator and issuer is the same.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 08, 2018, 01:21:15 AM

Introduction

Azerium is the first highly scalable decentralized DAG based cryptocurrency with location and identifier anonymity, no-fee instant transactions, upto 100,000 transactions per second and an option to refund/chargeback within a time window using binding contracts. Azerium is mainly inspired by Raiblocks and Byteballs. It targets to provide necessary tools for businesses to adopt it faster. Azerium will have a native exchange with an option to support for various accounting rules (for example, help users comply with IRS rule 1031) and be one stop shop for everything related to cryptocurrencies.


Team

We are a team of passionate and dedicated developers, focusing on bringing the best of cryptography to this project and provide an unparalleled experience with the currency itself and its exchange.

Abdullah Zaib: https://www.linkedin.com/in/abdullahzaib/
Ali Siddiqui: https://www.linkedin.com/in/alisiddiqui/
Junaid Malik: https://www.linkedin.com/in/jdmalik/
Karan Anand: https://www.linkedin.com/in/anandkaran/
Pavan Kompelli https://www.linkedin.com/in/pavan-kompelli-576aa6/
Hadeel Elbitar: https://www.linkedin.com/in/hadeel-elbitar-28976a15/


What we can promise

  • A secure, stable, reliable and finished product
  • Dedication to deliver on a timely manner
  • Timely and accurate updates with transparency on progress
  • A professional attitude and consistency

What we can’t promise

  • Inflated prices or absurd profits
  • Hype news
  • Unstable product
  • Orphaned project

The goal of this pre-announcement is to gather community feedback and find people with the same interest who are as passionate as ourselves in achieving this common objective. We have been exploring deep into crypto domain for more than a year and are working to enhance and develop existing technologies to bring together the best of everything.
We have developed a lot of respect for people already working towards improved solutions and moving forward from blockchain. Azerium aims to continue that mission to streamline crypto.

Process Details

At its core, Azerium uses DAG and is inspired mainly by RailBlocks and ByteBall. It provides highly scalable (100,000 tx/s in the start and improves with more nodes), power efficient (suitable for all devices), and instant fee-less (with some PoW) anonymous transactions. All of this is made possible by improving on existing technologies and building new ones.

DAG based Network

The core of Azerium’s network is a chain of transactions blocks per account/wallet. Since the chain is per account, only the account owner can add a new block to it. As part of a transaction, essentially the receiver & sender both add a block to their chain. The proof of such an action is broadcasted to the entire network, so that other nodes can then vote to resolve conflicts (if the need be). This is also why Azerium’s transactions are super fast and reliable. This is further enhanced by worker nodes in the start to have 100,000 tx/s guarantees.

Anonymity

There are many ways to achieve location & machine anonymity (using Tor and I2P). In addition to that, Azerium also offers completely trace-less transactions. This is done by clever use of state of the art hashing techniques. Sender can transfer the resources privately, while posting a hash to the ledger. Since the receiver has been told what the resources were, they can then use it to compute the hash & certify the receipt.

The executive summary of the process to make an untraceable payment is (in depth details followed by the whitepaper),

  • Sender generated the payload corresponding to the resources being transferred
  • A random padding is added to payload (so that hash of payload is not predictable)
  • Transfer the resource privately
  • Add the hash of payload to public DAG (i.e. Azerium’s mesh)
  • Receiver gets resource, computes the hash & confirms that it matches the one which was added to public ledger

Fee-Less Transactions

Each node initiating a transaction gets instant initial confirmation by addition of transaction in local chain, then it confirms N other transactions. N is decided based on weight of the recent transaction and is a bounded value (to have deterministic time). Similar to a tangle, Azerium’s core network is basically a mesh (made up of Dag). A node must only confirm the transactions which it knows are valid. There is mutual benefit of doing this. We can also attach weights to transactions.
Whoever is adding a transaction, is contributing by confirming other transactions thus making the mesh more secure. Consider the following scenario: A node adds a new transaction, which (knowingly or unknowingly) confirms a conflicting transaction. Other devices on the network will also see this, but will not approve this conflicting transaction. Thus the original work which was done, is totally wasted. This is the motivation to either directly or indirectly confirm transactions which are not conflicting.
As the number of confirmations of a particular transaction increase, it is added into the mesh with higher level of confidence. For context, we define weight as the amount of work that the issuing node put into it. This means, to make a transaction more important, nodes need to put more work into it. This also ensures that a node cannot generate transactions that have a really high weight (since they would have to work proportionally more to prove it).

In order to issue a new transaction, the node needs to,

  • Confirm N unconfirmed and non-conflicting transactions
  • Prove that it has put in the required amount of work: This is done similar to how Bitcoin requires the hash to have some pre-determined number of leading zeros

Fast Transactions

The instance confirmation of a transaction comes from the fact that the transaction is added to local chain of a node immediately. The growth in number of nodes in mesh increases confirmation rate of the transactions. Confirmation time depends on the network topology / bandwidth limitation and the number of transactions per second. There is no limit by which the number of transactions are bound or the rate at which they can be confirmed. This results in a massively parallel and super-fast network.

Quantum Proof Model

Each transaction in Azerium must always be accompanied by some proof of work, i.e. is weighted but with a cap. So the main advantage of a heavy computational resource can’t be used to its full extent. There are also measures within the system to prevent a node from generating too many transactions within a short period of time and also avoid race conditions.

Highly Scalable

Azerium supports 100k transactions per second in the start, this will scale out as more nodes contribute to the system. It’s possible with weight balanced verification from worker nodes in the start by Azerium on i2p network. This works with modified zK snark to have deterministic run time and have infinite scalability. The trust-able worker nodes only activate when overall transactions drop by 100k to keep transactions fast and efficient.

Refund/Chargeback

Using cryptocurrencies, there have been instances where one of the parties involved in the transaction turned out to be malicious. This has given cryptocurrencies a bad reputation. Azerium offers fair and reliable instant transactions to address that. With Azerium, merchants and buyers have an option to keep the payments with an escrow until the contractual obligations have been met, this can be set as default by the wallet and is configurable.

Distribution

We strictly believe in fair and transparent distribution and a clean launch. No pre-mined coins for anyone (including the development team). We buy at the same price as the entire community. The project is self funded and we will continue to do so as much as we can.
The details of distribution model are still being worked on, and we welcome the feedback from community to contribute in making the process of distribution fair, transparent and balanced. We also believe marketing is important for mass adoption and will have a finite portion from the distribution.

Closure

This document is a an executive summary and a pre-announcement, and is in active development. We will provide with regular updates as soon as we have more significant details to share.
Please let us know your thoughts. Our main goal is to have this project driven with community’s support . Together we can all strive to make the entire ecosystem better.

Channels to get timely updates,

Telegram: https://t.me/azerium




mean Fast transaction that in second or in minute?
because some Crypto say fast transaction but after release transaction is fast if use high fees
if low fees that same slow transaction

There won’t be any fees at all and same latency for all transactions, with our initial stress testing we were able to touch <6.4 seconds with binding contract and anonymity enabled. We’re working further to improve this number.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: aBoss on January 08, 2018, 01:24:58 AM
Sounds great, will it be like RaiBlocks captcha distribution?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: xibeijan on January 08, 2018, 01:29:43 AM
There have been lots of projects like this announced, all look similar.  STONE is one.  If you can build it great.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Malek17 on January 08, 2018, 01:30:33 AM
We understand your frustration but we’re NOT asking for donations, just your opinion and support.
well language used is very similar to a well known scammer my gut never lies to me if you're not which i doubt very much,don't ever mention donations here or put your bitcoin address requesting some support we already seen this bullshit before,make a complete mature good project and the community will reward a good project once the project is mature not scammers.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: JamesMangan on January 08, 2018, 01:39:10 AM
lolll yah its basically a copy and paste of the stone thread


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: pavanko on January 08, 2018, 02:21:57 AM
Sounds great, will it be like RaiBlocks captcha distribution?
Faucet distribution is definitely on the horizon but we are also considering airdrop and referral distribution. We welcome any feedback you have.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: karananand on January 08, 2018, 02:49:47 AM
We understand your frustration but we’re NOT asking for donations, just your opinion and support.
well language used is very similar to a well known scammer my gut never lies to me if you're not which i doubt very much,don't ever mention donations here or put your bitcoin address requesting some support we already seen this bullshit before,make a complete mature good project and the community will reward a good project once the project is mature not scammers.
lolll yah its basically a copy and paste of the stone thread


I am part of the Azerium team. Since Stone & Azerium are both inspired by RaiBlocks, some similarities are bound to exist. However, the two are not the same. First, we support binding contracts, along with anonymity. Second, in addition to a currency we also planning to be an exchange. Third, we are not anonymous ourselves (our public profiles are attached) for credibility. Our scale is entirely different than stone. Lastly, we are putting our own money to fund this because we firmly believe in the project & its vision and are not asking for any kind of donations, just your feedback.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Maziin on January 08, 2018, 02:54:15 AM
You're the same "dev" of Stone? This sound much strange..


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Eulalila on January 08, 2018, 02:57:44 AM
I need more information before making investment decision: team dev, roadmap ...


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: karananand on January 08, 2018, 03:02:01 AM
You're the same "dev" of Stone? This sound much strange..
No, we are not associated with Stone in any way whatsoever.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Malek17 on January 08, 2018, 03:08:33 AM
You're the same "dev" of Stone? This sound much strange..
No, we are not associated with Stone in any way whatsoever.
well anyone with a brain and read both threads will know straight away you're the same,just don't mention the word donation here or dear to put your bitcoin or any altcoin address in this forum then we see if you ever going to make anything as i said genuine project never post announcement before they make something physical announcement is the easiest part and usually if project is announced before it's maturity it's a scam,we will be watching if you're the stone DEV you better close this thread now


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: karananand on January 08, 2018, 03:22:11 AM
You're the same "dev" of Stone? This sound much strange..
No, we are not associated with Stone in any way whatsoever.
well anyone with a brain and read both threads will know straight away you're the same,just don't mention the word donation here or dear to put your bitcoin or any altcoin address in this forum then we see if you ever going to make anything as i said genuine project never post announcement before they make something physical announcement is the easiest part and usually if project is announced before it's maturity it's a scam,we will be watching if you're the stone DEV you better close this thread now

Again, we have no affiliation with Stone.
Stone's post has a lot of attention already. Folks have donated, and post is pretty active. What good would it do to start another?
We decided a pre-announcement purely to gather some feedback, not donations.
But yes you are right, we would like you to watch this space and stay tuned for updates.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: JamesMangan on January 08, 2018, 03:24:02 AM
well I hope you are legitimate, you can understand our concern though.. best of luck if you are :)


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: cryptofirm on January 08, 2018, 03:31:00 AM
DAG become so popular for now,, because of IOTA
not sure if this project will be like IOTA
anyway good luck!! if you really serious to develop this azerium in DAG


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Dagmen on January 08, 2018, 03:36:47 AM
Wow guys calm down ! Yeah they use DAG like Stone, but they didn't give a word about donnation and you already attack them...
All they want for the time being is feedback... Feedbacks aren't transformed into btc... Their are transformed into good product!
Wish you good luck guys.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Maziin on January 08, 2018, 03:59:23 AM
Well, if this project is serious, i want wish all lucky for you dev. But, sound much strange when i see this picture:

https://imgur.com/D8dOxwn



Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 08, 2018, 04:09:07 AM
I need more information before making investment decision: team dev, roadmap ...


Thanks for the encouragement. We’ll publish a white paper and roadmap end of next week, we aren’t seeking any investment, but there will be an opportunity to buy the coin in later stages same as the dev team.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Alphapulsared on January 08, 2018, 06:24:11 AM
lookes at your profiles. Do you have plans to update your linkedin? There is no mention of this project whatsoever.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Dlugina23 on January 08, 2018, 06:29:18 AM
Only promise waiting to start.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: p3ngu1n on January 08, 2018, 06:40:07 AM
We need decent source code.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: mohunr on January 08, 2018, 08:32:36 AM
What is the timeline you are looking at?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: pinball_wizard on January 08, 2018, 08:39:31 AM
DAG+ANON is the fall/winter spring collection of 2018...a lot of project starting from stone use these 2 words to attract, let's see if one will be real!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: luckykitty on January 08, 2018, 09:07:58 AM
Sounds a very good project.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: IBuyCoins on January 08, 2018, 11:03:37 AM
The logo looks horrible.

Update your Linkedins with Azerium and then we can talk.

At least, you are not asking for donations...


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: johnantony on January 08, 2018, 11:39:47 AM
We understand your frustration but we’re NOT asking for donations, just your opinion and support.
well language used is very similar to a well known scammer my gut never lies to me if you're not which i doubt very much,don't ever mention donations here or put your bitcoin address requesting some support we already seen this bullshit before,make a complete mature good project and the community will reward a good project once the project is mature not scammers.
lolll yah its basically a copy and paste of the stone thread


I am part of the Azerium team. Since Stone & Azerium are both inspired by RaiBlocks, some similarities are bound to exist. However, the two are not the same. First, we support binding contracts, along with anonymity. Second, in addition to a currency we also planning to be an exchange. Third, we are not anonymous ourselves (our public profiles are attached) for credibility. Our scale is entirely different than stone. Lastly, we are putting our own money to fund this because we firmly believe in the project & its vision and are not asking for any kind of donations, just your feedback.



And why do you know stone then??? It’s a unknow project 😁


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Nomad_1 on January 08, 2018, 01:29:34 PM
You're the same "dev" of Stone? This sound much strange..
No, we are not associated with Stone in any way whatsoever.

Stone is a proven scam. There are similarities in your original post to the Stone scam posting.

If you are producing something real, then if you want any credibility *do not ask for "donations" before presenting your work to the community*.

To those thinking of donating (if/when they ask for donations), check out the other posting on this site for a privacy DAG coin called Stone - which was a huge scam. Don't let your greed make you lose money.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Malek17 on January 08, 2018, 01:47:21 PM
Well if you are real you can prove you control the LinkedIn accounts by updating them with your new project I doubt those accounts belong to someone else and has nothing to do with you, prove me wrong.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: IBuyCoins on January 08, 2018, 02:11:32 PM
Well if you are real you can prove you control the LinkedIn accounts by updating them with your new project I doubt those accounts belong to someone else and has nothing to do with you, prove me wrong.

Waiting for this.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: RobertSnow on January 08, 2018, 02:15:20 PM
Everybody is looking to cash in on the DAG hype


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: IBuyCoins on January 08, 2018, 02:18:10 PM

Everybody is looking to cash in on the DAG hype

Except real devs it seems :/


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 08, 2018, 06:31:53 PM
lookes at your profiles. Do you have plans to update your linkedin? There is no mention of this project whatsoever.

Great question. We were planning to publish this with our website and whitepaper but its updated.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: kutangterbang on January 08, 2018, 06:35:43 PM
everything looks so neat and nice, what i like most about ann thread azerium this is, they write all things, different from ann thread mostly always include picture, very interesting, but why i have not seen website link there


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: BotSter on January 08, 2018, 06:38:06 PM
Are there any faucets?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: gunsandbitcoin on January 08, 2018, 09:00:05 PM
watching  looks good


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: soothaa on January 08, 2018, 09:27:05 PM
Is this PoW/PoS/something else?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: kul0n on January 08, 2018, 09:36:01 PM
the description sounds good, raiblocks today is quite popular, I hope your project will also be in demand and successful. If you make the distribution as it was in the raiblocks it will be just fine)


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: cryptoam on January 09, 2018, 07:39:57 AM
wow....Devs didn't even ask or mention the word "Donations" anywhere....but these guys pounce on them...
guys..get a life...

After seeing their LinkedIn profiles, I think the team is very much capable of delivering on what they are promising...
You have my full support guys..
This is going to be an exciting journey..


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Maziin on January 09, 2018, 03:27:47 PM
What do you guys think about faucets distribution? In my view, is the most fairly distribution possible.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Nomad_1 on January 09, 2018, 03:57:43 PM
wow....Devs didn't even ask or mention the word "Donations" anywhere....but these guys pounce on them...
guys..get a life...

After seeing their LinkedIn profiles, I think the team is very much capable of delivering on what they are promising...
You have my full support guys..
This is going to be an exciting journey..

Check out the forum for a project called "Stone". Have a read through and you will see why people are talking about donations lol


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: MrAhab on January 09, 2018, 04:01:08 PM
Felixando scammed all those people.

He's deleting posts constantly.

Don't give anyone a dime on this forum until they show some code


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Rosecraft on January 09, 2018, 04:27:54 PM
Whitepaper is a must.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Rinasinedingri on January 09, 2018, 04:30:00 PM
good tokens. I want to invest a little bit


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Mihawk on January 09, 2018, 04:31:16 PM
There have been lots of projects like this announced, all look similar.  STONE is one.  If you can build it great.
I thought the same thing, Manta is another project prior to this and later to Stone, would the same people be involved? In bounty campaigns managed by a manager in common, the thread pattern is normal if we repeat, so we can conclude that it's the same person or group of people behind these projects? This time, they do not want donations. :D


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Rosecraft on January 09, 2018, 04:39:49 PM
There have been lots of projects like this announced, all look similar.  STONE is one.  If you can build it great.
I thought the same thing, Manta is another project prior to this and later to Stone, would the same people be involved? In bounty campaigns managed by a manager in common, the thread pattern is normal if we repeat, so we can conclude that it's the same person or group of people behind these projects? This time, they do not want donations. :D

lol. Probably so!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Malek17 on January 09, 2018, 05:22:55 PM
wow....Devs didn't even ask or mention the word "Donations" anywhere....but these guys pounce on them...
guys..get a life...

After seeing their LinkedIn profiles, I think the team is very much capable of delivering on what they are promising...
You have my full support guys..
This is going to be an exciting journey..
Well I suggest to ask them for their bitcoin address and give them some
donation to show real support I also suggest you donate to stone team they are very much in need for donations


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: cryptoam on January 09, 2018, 07:06:48 PM
wow....Devs didn't even ask or mention the word "Donations" anywhere....but these guys pounce on them...
guys..get a life...

After seeing their LinkedIn profiles, I think the team is very much capable of delivering on what they are promising...
You have my full support guys..
This is going to be an exciting journey..
Well I suggest to ask them for their bitcoin address and give them some
donation to show real support I also suggest you donate to stone team they are very much in need for donations


They not even asked once for donation....
Show some respect guys...

btw, I know about Stone....


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Malek17 on January 09, 2018, 10:03:20 PM
wow....Devs didn't even ask or mention the word "Donations" anywhere....but these guys pounce on them...
guys..get a life...

After seeing their LinkedIn profiles, I think the team is very much capable of delivering on what they are promising...
You have my full support guys..
This is going to be an exciting journey..
Well I suggest to ask them for their bitcoin address and give them some
donation to show real support I also suggest you donate to stone team they are very much in need for donations


They not even asked once for donation....
Show some respect guys...

btw, I know about Stone....
they didn't ask for donation because of the first warning i gave them in the first post after the announcement if you read the whole thread,stone did the same they didn't ask for donations first until they were sure some gullible people believed in them. real Dev with real project never ask for donation before something physical is done and have a code and the project ready and even if they have the project ready donations will go the Community fund of the project not the Dev himself as most Dev get rewarded by taking a percentage of the total supply of the coin not by donations.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: nltn on January 09, 2018, 10:06:15 PM
I am an avid fan of DAG projects, so I will be definitely following this one to see how it goes.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Izac on January 10, 2018, 03:57:23 PM
Its my first comment and Excited about the project so good luck guys. LinkedIn profiles are enough to grade them. disagree with my comments but who cares. If this is a scam who cares they are not asking for any money.  ;D


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: QueenOfCrypto on January 10, 2018, 05:05:35 PM
I will keep an eye on this project, Azerium, which sounds good but still there is absolutely not enough information to evaluate it as something real. As they say, that's just a PRE-ANN.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: blockchainben on January 11, 2018, 08:19:14 AM
DAG is the flavour of the month/year at the moment.  Hope the project goes well.  I'll watch and get involved if you need help - especially testers


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: blockchainben on January 11, 2018, 08:37:20 AM
Hi, are you going to open the telegram up for posting?  Or just collecting people for now then postings later?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: talktopab on January 11, 2018, 08:59:50 AM
I will keep an eye on this project. Looks prmossing. Good luck!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: cbraman on January 11, 2018, 09:37:36 AM
dev pls go for it
I am looking forward to hearing the latest update


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: herfie.chen on January 11, 2018, 09:44:54 AM
Look like great project, i think all exchange project proffer same concept fast transaction and low fee transaction. But it's all just a concept and not in accordance with what is promised, it takes a large fee for transactions can be fast. Hope there is a difference in this project.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Thinvestor on January 14, 2018, 09:57:38 AM
Hopfully this isn't a scam either, anything that is posted as a privacy based DAG coin I am SUPER sceptical of, as they are all fucking scams. I like you are not asking for donations though. Best of luck with the project if it truly is legit, I will pop back time to time to see if this is for real or not!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Afkbio on January 14, 2018, 01:50:09 PM
Hey there, looking good :)

There is a discord for discussing DAG coins with privacy concept and feasability, if you'd like to join.

https://discord.gg/auFsMSD

See ya


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: MangoFish on January 14, 2018, 06:47:58 PM
Are you guys planning on implementing any financial incentives for people to run nodes  (such as proof of stake)? I feel that this is one aspect in which would allow for a wider adoption in terms of new users in the future  thus improving  the coins performance and scalability . Rai Blocks lacks decentralization because of it's representative system  and steers potential new users away. Although, I still do think that the devs should hold a good portion of the coins to maintain a suitable balance.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: ivanovhristo14 on January 14, 2018, 06:49:51 PM
Excuse my ignorance but can someone tell me what DAG stands for? I've never heard it before.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: MangoFish on January 14, 2018, 06:59:03 PM
Other than that, amazing project with a transparent group of devs, I'm excited to see how the refund/chargebacks with binding contracts will  be tied to the rest of the DAG mechanics. If you guys need people for test net I'm happy to help ;)


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Thinvestor on January 14, 2018, 07:27:18 PM
Excuse my ignorance but can someone tell me what DAG stands for? I've never heard it before.

Directed Acyclic Graph, its also known as a tangle blockchain. There are plenty of youtube videos explaining how it works. Its next level blockchain, it scales, is instant and is about as free as you can get. In my view, DAG coins are the future.

https://satoshiwatch.com/coins/iota/in-depth/iota-dag-tangle/

This link will help explain a bit more


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: yakapitalist on January 15, 2018, 11:13:49 AM
Very interesting. Popular now DAG. Where is your WhitePaper and Roadmap? I want to learn more


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: ray_saeed on January 15, 2018, 01:08:07 PM
Very interesting project. Keeping this on my radar. If you guys need any help with testing I will be happy to contribute.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Humans on January 17, 2018, 01:29:02 AM
Good luck with the development. Will be following for updates.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: stclair on January 17, 2018, 07:30:55 AM
I want to give my eths... when i get lambo?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: DreamCurrency on January 20, 2018, 04:47:07 AM
Sounds like the dream currency. Definitely good to see developer names, but where is the GitHub repository? I'm a web developer who can help. Check out Yourrency.com (http://Yourrency.com) for a quick example. This project has potential if you're serious!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: lamgiaukhongkho26 on January 20, 2018, 07:52:53 AM
Is this one mineable? I can not find the information in the OP. Thanks in advance for your help and your answer, dev.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: fonship on January 22, 2018, 04:33:08 AM
Is this one mineable? I can not find the information in the OP. Thanks in advance for your help and your answer, dev.

Many are waiting for answers but I don’t see anyone replying here. Very less activity on thread. Not sure when they will start to communicate here.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: kopes18 on January 24, 2018, 10:39:21 AM
That doesn't make sense, how could you buy your own coins?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Black_bl on January 24, 2018, 04:16:35 PM
This thread/project looks without activity


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 25, 2018, 06:04:49 PM
Is this PoW/PoS/something else?

PoS. More details in upcoming whitepaper.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 25, 2018, 06:06:33 PM
Whitepaper is a must.

Whitepaper will be out soon. Stay tuned!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: abdullahzaib on January 25, 2018, 06:11:19 PM
Is this one mineable? I can not find the information in the OP. Thanks in advance for your help and your answer, dev.

Nope, but there will be incentives.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: DreamCurrency on January 26, 2018, 12:30:18 PM
Thank you for the updates. I'm a web designer, developer, and marketer than can help this project in any way you need. Would love to pm you concerning this, but it states I am unable to message you at the moment.

In the meantime, I've created azerium.org (http://azerium.org) as a quick resource the community can build upon.

We should really try to distribute this currency more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as diverse a world of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity and the world.

Also, I have an earn.com account and we may be able to distribute azers more equally through their new airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of azers only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: lipton on January 26, 2018, 02:11:09 PM
When is a start date?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: mocomaco on January 28, 2018, 02:41:48 PM
Thank you for the updates. I'm a web designer, developer, and marketer than can help this project in any way you need. Would love to pm you concerning this, but it states I am unable to message you at the moment.

In the meantime, I've created azerium.org (http://azerium.org) as a quick resource the community can build upon.

We should really try to distribute this currency more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as diverse a world of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity and the world.

Also, I have an earn.com account and we may be able to distribute azers more equally through their new airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of azers only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.


Great Idea. Its all about the community, that should be the main goal of any cryptocurrency. The fairest the better.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: DreamCurrency on January 30, 2018, 01:10:56 PM
Perhaps, we can even program Azerium to truly be The People's World Currency by setting whale limits, so the working class aren't eventually exploited by whales for cheap labor.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Thecker on February 03, 2018, 06:47:51 PM
How to attract the community for your project
1 - Faucet distribution can create an activi community, no donation, similiar to Railblocks project, only voluntary donations.
2 - Website
3 - Reveal your identity
4 - Github
5 - Linkedin
6 - Code
7 - Whitepaper
8 - Show the progress
9 - Telegram, Discord
10 - Voilá
 8)


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: tenperson on February 04, 2018, 03:52:10 PM
why my sense tell me this is a scam,looking forward to some code or whitepaper or anything real


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Bitcoindumper on February 04, 2018, 05:09:28 PM
How to attract the community for your project
1 - Faucet distribution can create an activi community, no donation, similiar to Railblocks project, only voluntary donations.
2 - Website
3 - Reveal your identity
4 - Github
5 - Linkedin
6 - Code
7 - Whitepaper
8 - Show the progress
9 - Telegram, Discord
10 - Voilá
 8)

With a supply under 250mil and a starting price of 1 sat  ;)
And didn't verge prove that tor + I2p didn't make the coin anonymous because you could see all the wallets and IP addresses



Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: sqbit on February 07, 2018, 02:56:00 AM
Would be interesting to see the further development of the project.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: StoneSoup on February 08, 2018, 12:56:05 PM
Rooting for you guys too, Hope you are successful and launch your coin. I will be watching and waiting.

Hope you will provide some code and a white paper and then open up for donations.

Good luck. What you do here could help change the world, keep at it!!


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Afkbio on February 10, 2018, 06:40:34 PM
Hi, I own a discord server for discussing DAG coins. Every DAG is listed and has its own channel.
https://discord.gg/auFsMSD.
Feel free to join us ! See ya.  ;)


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Black_bl on February 10, 2018, 07:11:30 PM
Hi, I own a discord server for discussing DAG coins. Every DAG is listed and has its own channel.
https://discord.gg/auFsMSD.
Feel free to join us ! See ya.  ;)
Thanks for the link Bro


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: luckykitty on February 21, 2018, 04:20:20 AM
The project is dead?


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: sas222 on February 22, 2018, 09:17:47 PM
I firmly believe in DAG and am Nano hodler cause it is for DAG what Bitcoin is for Blockchain. Go ahead, guys and best of luck to you! Azerium can be the crown of DAG technology.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: bitblaster on February 25, 2018, 08:54:09 AM
How to attract the community for your project
1 - Faucet distribution can create an activi community, no donation, similiar to Railblocks project, only voluntary donations.
2 - Website
3 - Reveal your identity
4 - Github
5 - Linkedin
6 - Code
7 - Whitepaper
8 - Show the progress
9 - Telegram, Discord
10 - Voilá
 8)

Can't agree with you more.  The website is down by the way as i checked today.  No a good sign.

-Bitblaster


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: coindrunk on March 08, 2018, 12:02:13 AM
So website down, no thread update or any other sign of live. Pretty sad to be honest. After exploring the linkedin profiles of their core devs (senior programmer at microsoft seattle) I had a good feeling about this project in the first place.  :-\


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: luckykitty on March 14, 2018, 06:27:37 AM
So website down, no thread update or any other sign of live. Pretty sad to be honest. After exploring the linkedin profiles of their core devs (senior programmer at microsoft seattle) I had a good feeling about this project in the first place.  :-\
I have the same question.


Title: Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
Post by: Anthomy on March 14, 2018, 06:29:55 AM
You have a very promising project with a great future, I hope it will be in demand!