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What it is:  DisLedger® is a non-blockchain, distributed ledger technology designed for high-volume transaction processing such as payments and capital markets clearing. DisLedger’s patent pending technology provides a solution for permissioned networks that handle high volumes of transactions, require low-latency, and must maintain data privacy. DisLedger doesn’t compete with permissionless, completely transparent networks like Bitcoin and Ethereum but offers the DLT solution for enterprises like Mastercard, Intel, and SAP who require speed and privacy.

What it does:  DisLedger creates a private ledger between the counterparties to a trade. DisLedger doesn’t mix every company’s transactions into one common chain, but keeps each counterparty’s transaction in its own distributed ledger called a Counterparty Ledger. This way DisLedger provides the cryptographic benefits of blockchain but also maintains complete privacy of all transactions; allows for net or gross settlement; processes hundreds of thousands of transactions per second; and does not suffer from latency issues.
The architecture provides the immutable, Golden Record of transactions, reduces clearing time to free up collateral, and supports large-scale, low-value payments such as Internet Of Things (IOT) micropayments. DisLedger provides definitive final settlement for capital markets; processes hundreds of thousands of transactions per second; and supports the regulatory required central clearing parties in the financial market infrastructure.

• DisLedger is scalable for definitive, final settlement of hundreds of thousands of transactions per second. Whereas latency, lag and a lack of finality are noted deficiencies in blockchain, DisLedger can keep pace with the fastest markets.
• Cyber security is greatly enhanced by DisLedger because the network is closed and isolated from the internet; transaction data is only shared between counterparties, no third-parties are involved; and the simple governance model makes it easy to upgrade to new encryption standards including future quantum-computer resistant encryption.
• The transactions are shared with the counterparty directly and are completely private, so competitors will never see the trades. Leakage of business intelligence, the negative consequence of full transparency, is a significant issue in blockchain but is avoided in DisLedger.
• Business continuity is assured as transactions are processed only by the parties to the trade, so third-party competitors can’t block or delay trades in the system.
• The inherently private design of the Counterparty Ledgers supports compliance with data privacy regulations.

Token Launch:  DisLedger is offering licenses for its Intellectual Property to users that want to prototype and build their own production DisLedger systems. Instead of requiring users to purchase an enterprise license the technology is available to license on a per-transaction basis. This way organizations do not require a large capital commitment to build and deploy their DisLedger system and will pay only for their actual usage over time. DisLedger provides a fast, private, cost effective solution for high volume transaction processing.

The per-transaction, IP licenses will be issued as ERC20 tokens named ‘DCL’ that can be purchased via the Ethereum network. This is a new use of the ERC20 standard as DisLedger is not offering what most organizations have so far: a coin, ownership in a company, voting rights to a foundation, or security interest. In this case what is being tokenized is a license to use the existing DisLedger technology based on a license agreement that is incorporated within the ERC20 token.

Per-transaction technology licensing is a common practice, and tokenization is used in numerous other types of systems. This approach creates a hybrid system where users process their transactions using DisLedger’s high-speed and private technology, and their licenses to use the technology are processed on the Ethereum network. This pragmatic approach capitalizes on the strengths of the public, global Ethereum system as well as the private DisLedger system. The users benefit as they’ll be able to acquire the rights to use DisLedger’s IP easily and with little up-front cost. DisLedger benefits as it simplifies the management of the licenses; eliminates an enterprise license cost which is a barrier to adoption; and broadens the user community to maximize the network effect. Users will register with DisLedger, be verified, then be given instructions how to purchase DisLedger IP tokens during the soft launch/pre-sale and launch. On a monthly basis users will count the number of transactions they processed and submit that number of DCL tokens to DisLedger on Ethereum.

More information on the DisLedger technology including a technical whitepaper, slides, and a demonstration of the DisLedger DLT in action is available at DisLedger (https://www.DisLedger.com).

Telegram: DisLedger_Launch (https://t.me/DisLedger_Official)
Twitter: @DisLedgerInfo (https://twitter.com/disledgerinfo)
Email (info@DisLedger.com)

A soft launch/presale will be held prior to the launch date, contact us for details.

The DisLedger architecture is a very different approach to distributing the data than a traditional blockchain with consensus. Please reach out if you have any questions after reading the technical whitepaper (https://www.DisLedger.com/DisLedger_Whitepaper.pdf). In the future we'll hold tutorials, webinars, or AMAs to continue the dialog and support the developer community.

If you would like to join the organization we're always looking for great talent! But please no translation reservations or bounty requests on this forum.

Will this coin go straight without ICO? If so you must have big fund to get into big market, i hope not in yobit

A soft launch/presale will be held prior to the launch date, contact us for details.

sut up and take my money, please launch this coin immediately

Iam beleive, this coin will follow metal coin ;)

We use the term 'token launch' instead of 'ICO' as it more accurately reflects what we are doing.

in the middle of uncertain market because of bitcoin maintenance network on 1 august that would be affect the next following month at least until the end of the year, What makes you believe your ledger will be accepted even without an crowdfunding ?

We acknowledge that bitcoin will affect the Ethereum network but are confident that the ecosystem will be stable by our launch date.

DisLedger has been in the works since January 2016 but there are a lot of things that need to be completed before the DCL tokens can be launched.
In the meantime there will be an opportunity for people that are interested to register and participate.   

Here's a link to a study from KPGM (https://www.disledger.com/kpmg-blockchain-consensus-mechanism.pdf) that included DisLedger's Distributed Concurrence Ledger technology.

Figure 2, page 4
Paragraph 2, page 12 - refers to the scalability hundreds of thousands of transactions per second.

any bounty dev? do you have any signature or social bounty?

If you would like to join the organization we're always looking for great talent! But please no translation reservations or bounty requests on this forum.

Sorry no bounties, but if you can make a big contribution to DisLedger's team get in touch. Feel free to spread the word about DisLedger (https://www.DisLedger.com) because you like the concept!

Thanks

More press coverage from the last year, The Financial Times (http://ftalphaville.ft.com/2016/08/26/2173476/blockchains-where-were-going-we-dont-need-blockchains/).

The author, Izzy Kaminska came up with the acronym DCL.
If you haven't subscribed to Alphaville it's free and I encourage it for an intelligent and contrarian view of the blockchain space.

dev,dont forget dev ,make bounty or airdrop to help you promotion this project,i will be supportfull

There is no bounty. How are you going to promote the project. On enthusiasm?

Good point Leonard thank you.

Developers that want to assist with coding, building useful tools, etc are highly encouraged to contact DisLedger (info@DisLedger.com)

There are plenty of projects to be done in exchange for DCL.

Very upgraded project, I want to join soon, hope be a very profitable project, good luck

There are substantial discounts available for early purchasers that buy large quantities during the soft launch.

I believe that the direct financial incentive will be more effective than a signature campaign.

Over the next few days more information on the soft launch and volume discounts will be released.
I'm sure that is of interest to a lot of you so we'll publish those plans soon.

As always please post questions here or send them directly to DisLedger (info@DisLedger.com)


Thanks

Thanks sevenshards!

Thanks for all the comments I've received via email.

The announcement on here was just a 'heads up' that the launch will be happening. Full details will be shared over the next few weeks.

Please join the Telegram channel at https://t.me/DisLedger_Official (https://t.me/DisLedger_Official)

Definitely a good time to buy more coins.
Hope I have more BTC to spend.

Save those BTC and ETH for September 1st!

Here is my Linkedin profile to give you an idea of my background.

Dan Conner (https://www.linkedin.com/in/dan-conner-3315245)

.

Your whitepaper doesn't really give much info. What kind of consensus will DisLedger use and can you describe it in detail please? Will you publish an advanced whitepaper before 09/01?

Hi dogebearman, yes that was just intended as an initial announcement there will be a full description of the token launch released later. Here is a Technical Whitepaper (http://disledger.com/DisLedger_Whitepaper.pdf) and Slides (http://disledger.com/DisLedger_Overview.pdf) on the DisLedger architecture itself.

In short, DisLedger is a non-blockchain, distributed ledger so is fundamentally different than a traditional bitcoin-based blockchain. DisLedger does not use a consensus mechanism (POW, POS, etc) instead it uses the Concurrence of the actual counterparties to the transaction to provide validation.

Thanks for your reply, I will be looking forward for the description

You described an interesting technology for data transmission. Do you really know your competitors well? When will the full presentation? What team is working on this? How will this be supported? Many want to compete with Blochkchain. And this does not prevent him from being the most popular.

Thanks niknik1966, yes there are many competitors that work in blockchain: Digital Asset Holdings, numerous Hyperledger variants, R3, etc...

Blockchain is a great architecture for provenance type use-cases where full transparency is required but millisecond timing isn't needed. But the latency, scalability, and data privacy issues of blockchain are well-documented.

DisLedger is designed for the use-cases where data must remain private, and speed is critical... and we hold the intellectual property (U.S. and international patents pending).

So this token launch for DCL is effectively a hybrid approach that takes the best capabilities of blockchain to manage the IP licenses, and combines it with the speed and privacy of DisLedger's architecture.

I'm hoping to release the whitepaper that describes the token launch next week.

The SEC released the DAO Investigation Report (https://www.sec.gov/litigation/investreport/34-81207.pdf) and also had a good SEC Investor Bulletin (https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings)

There's important information in both documents - introductory, common sense advice for individuals in the Bulletin, and legal analysis of the DAO in the Report. In both documents the SEC essentially states that securities are securities even if they are distributed through an ICO.

But it is important to note that the reverse is also true - if what is tokenized and sold is not a security then it isn't regulated by the SEC. That is the thesis of DisLedger's Intellectual Property license token launch.

Interesting presentation from the United Nations Economic and Social Commission for Asia and the Pacific (http://www.unescap.org/sites/default/files/Xiaochen%20Zhang_EBAC_0.pdf) (UN ESCAP) conference showing how DisLedger can be used to support Green Bonds.

Here is a review of DisLedger from an independent reviewing agency.

"Unbiased ICO Reviews (https://coins.best/ico-reviews/disledger/) is operated by Zirra, a company analysis and rating platform for private investments."

They put a lot of effort into their writeup and commentary. Please review their analysis and make your own comments too.

Analysis of the SEC-DAO Report from Morrison & Foerster (http://m.bankingexchange.com/news-feed/item/6972-sec-issues-guidance-on-token-offerings?Itemid=639)

'Unbiased ICO Reviews' was not compensated in any way for their analysis.

DisLedger provided background information to Zirra who conducted its independent evaluation.

Dont think so. You are the only person who post in this thread. I found that project by accident.

What good is a financial incentive if people dont know your project?

We'll have more promotional activities and be featured in the press over the next month too.

If you can show me directly how a signature campaign will actually be effective and make me more money I'm happy to entertain suggestions. I don't know about you but I just ignore them just like banner ads and spam.

What will the hard cap be set at? Will there be a safe cap?

There is no cap during the soft launch (presale) and there is a hard cap of $135M on the launch.

Much more information will be released in the next few days.

What differentiates your ledger against IBM ledger and Bank of Americas Ledgers ? why would a potential customer choose Disledger?

DisLedger is all about speed and privacy for permissioned networks like financial systems. The demo on Demonstration (https://www.DisLedger.com/demonstration.html) runs over 5,000 transactions per second... on an iPhone... orders of magnitude faster than any blockchain.

Also, only the counterparties to a transaction have access to the data... no one else can see the transaction data or even that a transaction occurred.

It doesn't compete with fully transparent but slow systems as they would never be used in financial systems.

Are you the only company currently utilizing this technology to target the financial systems and the IOT industry? I just read Bank of America has three patent pending Ledgers that they plan to use for various purposes, how will they affect your business ?

looks good to me, just wait and see!

Why this Token called Disledger non-blockchain ?
Disledger name is doesn't matter for me,, but non-blockchain this make me confuse

I skimmed BOA's patents and they appear to be focused on personal identification and onboarding of securities onto a blockchain...both important but very different types of use cases.

DisLedger has U.S. and international patents pending on the Distributed Concurrence Ledger (DCL) architecture. So no one else will be able to use the concept unless they buy licenses/tokens.

DisLedger is a distributed ledger technology, but it is a different approach to DLT than blockchain. Before DisLedger, blockchain was the only kind of DLT.

DisLedger does not use blocks... it processes individual transactions instead of collecting them into blocks.

Also DisLedger does not use any form of consensus mechanism (like POW, POS, etc) to validate transactions. Instead it uses the Concurrence of the actual parties to a transaction to provide the validation. This eliminates the expense of mining, and simplifies the process tremendously, meaning it is much faster.  The delay in waiting for Ethereum block or the minutes spent minutes waiting for Bitcoin is eliminated.

Please look at the Slides (https://www.DisLedger.com/Disledger_Overview.pdf) and read the Technical Whitepaper (https://www.DisLedger.com/Disledger_Whitepaper.pdf) for more information.

Thanks CaV032... you won't have to wait long, more information is coming soon!

okay thanks,, so this is the newest tech of distributed ledger beside the blockchain,,
and i will try to understand more about this project,,
hopely can be a part on crowdsale

Exactly right, it's the newest form of DLT... we've had blockchain and now there's DisLedger also.

The approach is different and sometimes hard to understand but we're here to help, promote the technology, and build the user community.

.

Do you currently have any organizations lined up to use this technology?

The company is selling 25% of the tokens valued at a potential price of 135 million usd. Does this mean the predicted value of the company when it hits the market is 540 million usd ?

We've spent the past year doing business development with some of the biggest companies in the world. We have a sales pipeline full of projects lined up and expect that the publicity of the token launch will expand our user base even further.

The more projects we support, the more the demand for IP licenses/tokens.

Since the technology is already developed, what will the funds be used for?

The actual percentage of available tokens at launch will be less than 25%, we'll release the details soon.

I can't discuss the organization's valuation as this is an IP license sale and not an investment in the company.

The proceeds from the token launch is revenue for DisLedger and will be used for general company purposes.


  

Why would a potential customer use Disledger instead of a sidechain like the Raiden Network which can process 1million transactions a second? How   do you plan on marketing Disledger vs Blockchain when blockchain has all the hype regardless of its current technological and scaling limitations?

It's important to differentiate between permissioned networks which financial institutions will use, and permissionless networks which they will not.

There have been claims for years and yet still blockchain doesn't scale. And it doesn't scale for one reason, it's architecture will never allow it to scale which is why a new approach is required.

Organizations that want to support real-world business problems understand the strengths but also the fundamental limitations of the blockchain consensus architecture. Blockchain is great for total transparency but horrible for speed and privacy... logically it can't be good at both simultaneously.

I really like the niche that Disledger can cut out for itself but, I know it will be a crowded and competitive space in the near future. How will Disledger stay ahead of the competition? Will Disledger be using smart contracts with IOT ?

Ripple uses Permissioned Networks.

Yes there is a large and profitable niche for DisLedger - transactions will always get faster and privacy concerns are getting more important not less.

We're going to focus on getting even faster; increase the number of systems globally that use the architecture; and finding new problems that our customers need solved. Part of that problem-solving is to add smart contract capability. Smart contracts will be useful but not critical to the system.

Right - Ripple focuses on cross-border, foreign exchange between banks and isn't designed to scale. Their competition is really SWIFT - high value, slow, low volume, international transactions that used to take 3-5 days.

How long will the ICO last ?

what did you mean ?
i think the ICO is not started yet, so keep watch this thread if you interesting with this project

The soft launch will be 25 August to 31 August

The launch will start 1 September at noon UTC and last until 30 September noon UTC.

Please note that registration for AML check will be required to participate.

The AML registration form will go live in a few days... PLEASE REGISTER EARLY!

i'll definitely be one of the first ones to register. Will there be more details soon?

Thanks Ezra, can't wait to have you onboard! Yes the first draft of the whitepaper will be released this week.

For those wondering why DisLedger is doing AML checks here's a good article from CoinDesk.

Per Emma Channing of Argon Group (emphasis mine)
"Channing concluded: Filtering by IP is not enough. Geofencing is not enough. If you're not taking investor addresses and verifying them, it's not enough."

CoinDesk 3 August Article (https://www.coindesk.com/tokens-can-be-securities-even-ico-advisors-agree-with-the-sec/)

An updated version of the announcement (with pretty pictures!) is online.

Is the Token Registration link live?

Good catch, not yet... developers say it will be complete Friday

 

How many tokens will be created?

The total number of tokens generated during the launch will be 30 million DCL tokens with a decimalization of 3 digits (0.001).

Each DCL token represents 1,000 transactions, e.g. 0.001 DCLs provides the license for one transaction on a DisLedger system.

30 million DCL tokens each with 1,000 transactions provides for 30 billion transactions which is approximately one year’s estimated usage of the DisLedger architecture.

If and when the price of the token increases in value, will it still be cost effective for a customer to use your utility token?

That's exactly the consideration that drove the pricing structure for the launch.

The launch price will be below the market value to allow for the natural price appreciation that will occur immediately post-launch.

I just had to share this picture - 5,200 transactions per second running DisLedger on an iPhone

https://www.disledger.com/iPhone_text.jpg

That's insane!

Will we be able to use the network when the crowsale is over?

so token registrations link will be complete tomorrow ?
and will wait for that,,

Yes, that's the right you get from the token/IP license, to build and use a DisLedger system for your own project.

And you can try out the demonstration on your laptop or phone right now at Demonstration (https://www.disledger.com/demonstration.html)

Very nice. What exchanges will the token be on?

That's part of a secondary market that is out of the company's control. Each exchange decides what to list on their own.

Will there be a min buy in for the Token during the pre-sale ?

Yes, there will be a minimum purchase of $50,000 to participate in the soft launch.

And pricing will be discounted for purchases over $100,000.

Here is a draft of the whitepaper for the DisLedger IP Token Launch. There will likely be changes made over the coming days but we wanted to provide as much information as early as possible for your review.

There will be another announcement with the official, final version prior to launch.

Token registration is now live on DisLedger Website (https://www.DisLedger.com)

Please complete the registration as soon as possible as the AML process can take a long time.

https://www.fastpic.jp/images.php?file=9821330356.png

I'm doing this for myself

Why AML?

DisLedger fully supports AML/CTF regulations and intends to comply with them.

We will not support financing terrorism, nor will we support: human trafficking, narcotics trafficking, nuclear proliferation, human rights violations, genocide, organized crime, or any of the other activities that fall under the sanctions programs.

These are valid programs with significant social good. It may cause slight inconvenience for participants (and a lot of paperwork for us) but it's worth it.

Hi Guys!

Distributed Ledgers for Capital Markets and Internet Of Things (IOT) micropayments" sound amazing.

WIll there be a BOUNTY CAMPAIGN?

When will it start?

Where can I find the details?

Thank you,

ioldk

There was an error on the first draft so here's the second draft of the Token Launch Whitepaper (https://www.disledger.com/DisLedger_TokenLaunch.pdf)

For clarification, the token launch price is $30.00 per DCL. Each DCL represents 1,000 transactions on a DisLedger system, or said another way 0.001 DCLs represents one transaction.

See our ICO review of DisLedger - https://coins.best/ico-reviews/disledger/
Any kind of feedback is welcome - feel free to comment on the review itself.

I like the solution you offer, I understand tokens are consumables and a transaction "burn" 1/1000 of it. This means that to total supply will reduce over time. The more your solution is used, the less the total supply. If your solution reaches large adoption, transactions will became extremely expensive. You are also trying to target internet of things (which do requires a lot of transactions).
Why your customers would select your offer for long term projects (say financial institutions for example), considering the cost are designed to rise?
If I buy tokens expecting they will increase their market value for re-selling them later, how will I be able to trade them, considering you will not approach exchanges for getting listed? Also consider that if the majority of tokens will be sold to people like me and not to clients only, you may have a shortage of tokens for real projects.

The tokens are not 'burned' when they are submitted back to DisLedger for transactions that are conducted... they are available to be reissued to the market. So the price will not go out of control because of a shortage at the end of the year and become uneconomical for customers.

DisLedger will support secondary markets if they are interested in listing the token. It's just each exchange's decision to list or not list a token, not DisLedger's decision.

DisLedger is mentioned in an e-book (https://www.neverstopmarketing.com/wp-content/uploads/2017/07/CMO-Primer-For-The-Blockchain-World-NSM.pdf) as a technology to watch.

 

I am watching

Thanks Angel!

"30million DCL tokens, distributed in 1,000 IP licenses per token. Provides 30 billion transactions, one year’s estimated usage of the DisLedger architecture."

1. How is the issuance/supply rate after the launch each year? I assume you won't let the network dried up of tokens after a year of usage. Is it capped or in fact an unlimited supply?
2. What do you come up with a 30 billion transactions estimate, existing customers? projected by potential customers?
3. Will there be a list of your current and potential customers provided before the launch?
4. Do you think investor should buy the coin and hold as an investment or only actual DisLedger user should buy?
5. How does DisLedger compare/compete with R3's CORDA and IBM's Hyperledger in corporates' adoption?

1. The tokens are not 'burned' when they are submitted back to DisLedger for transactions that are conducted... they are available to be reissued to the market. So the price will not go out of control because of a shortage at the end of the year and become uneconomical for customers.

2. 30 billion transactions is the approximate annual usage demand if all the DisLedger systems combined create a total of 1,000 transactions per second. (1,000transactionsX60secondsX60minutesX24hoursX365days = 31.536 billion transactions annually rounded down to 30 billion) As you can see from the sales channel list in the whitepaper our existing contacts certainly have the ability to achieve a 1,000tps threshold. We also anticipate a lot of new DisLedger users to join the ecosystem due to the token launch and associated global publicity.

3. We are looking for approval for press releases from the existing sales channel listed in the whitepaper so that we can discuss them publicly. They are globally recognized companies that have massive market penetration and recognize the benefits of using DisLedger, but they tend not to disclose competition-sensitive plans.

4. The DisLedger IP token is intended to be used operationally by organizations that want to use our Intellectual Property. This is not a solicitation for investment and we do not give investment advice.

5. Both are good systems that offer benefits to their customers. In R3's case they sought investors for almost a year which is something DisLedger is not doing. We're offering an affordable transaction price via the DCL token instead of seeking investors. Hyperledger is of course free to join, DisLedger even participated for a while last year. Neither of those systems can scale to hundreds of thousands of transactions per second; and neither are totally private like DisLedger.  We offer something completely unique in our architecture.

Another big player in this space is Microsoft with their BAAS and their Coco framework.

They're touting Coco as handling over 1,600 tps...  YAWN

DisLedger runs 3 times as fast on an iPhone!

Token price is confusing asaf.. When does the soft launch sale ends

It is a bit complicated but we didn't want to create 30 Billion tokens. So we are creating 30 Million tokens and each token contains 1,000 transactions.

That supply will be sufficient to cover the expected demand.

The soft launch ends on 31 August.

what percentage of tokens is sold during pre-sale and ICO?
where future customers will purchase new tokens after the ICO ends?

There is a cap on launch day of 15% of the token supply which is 4.5 million DCL tokens out of a supply of 30 million.

The reserve of 25.5 million tokens will still be available so customers will have enough to cover their operational demand.

Show us your ICO details, that will not spend you too much time.
How about make an official website? Not just a intro-pdf.

The website is www.DisLedger.com (https://www.DisLedger.com).

There is a link at the top for the Registration Form and the Token Launch Whitepaper (https://www.DisLedger.com/DisLedger_TokenLaunch.pdf) as well

Please register soon so you can participate!

Dear Disledger

I know your token is the ticket to user your disledger system. Why don't you sell "ticket" in fiat currency such as USD instead of token.

Customers can convert any fiat currency into DCL tokens. The Ethereum network allows us to receive payment from any country in the world without having to setup a banking relationship and pay expensive SWIFT transfer fees for each customer. DisLedger won't have to pay the foreign exchange (FX) fees either or have to worry about currency hedges.

And the customers can just click their wallet and hit "Transfer" to make their payments. It's easier and more efficient for our customers and DisLedger.

So you will sell tokens directly to customers from your reserve. It implies the price will not be decided by market value.
Additionally, this poses you in a position of conflict of interests, where you may want to sell you (free) tokens in the market, just to cash.
This is clearly a pre-mined scheme, which may lead to legal consequences, unless you prove the contrary.

Your statements show a lack of understanding of token launches, business, or legal issues.

Please keep your uninformed thoughts to yourself.

Here's an article translated into Chinese DisLedger in Chinese (http://www.econotimes.cn/article-226888)

Don't forget to Register! (https://www.DisLedger.com) for the DisLedger Token Launch so you can participate.

Another positive review of DisLedger! This time from BitCoin Exchange Guide (https://bitcoinexchangeguide.com/disledger/)

I registered and i dont think i got an email notification

looks a bit...very different from others for me

4.5M * 30$ = 135M  -- "market cap" of sold licences (and no news about exchanges)
30M * 30$ = 900 M  -- "total value" of issued licenses

IOTA market cap is 3000M now. So it is immediately 1/3 of IOTA

And we can't see any code of Disledger - only a statement about patents. Can we have any confirmation that u actually have a patent?

It looks like you aims to sold tokens\licenses only for companies who will use it or whales who can afford to spend $$$kk for nothing.
Plus you don't have any slack or telegram groups where we can discuss your product. (Telegram channel is not a group and also has only 13 people there)

You are also a President (and a single employee) of Packet Dynamics LLC --- http://www.packet-dynamics.com/ -- which has a very strange website with 3 html pages from previous era of the Internet. NP but it really looks strange.

everything is so strange... ??? ??? ??? :-\

Hi, the first round of AML checks is nearly complete and we'll send emails verifying successful registration over then next few days.

Thanks!

Yes using that metric we'll be 1/3 IOTA's valuation at launch, but that's not the greatest measurement of a product's capabilities.

The relevance of my previous work is that it involved complex systems analysis and design, technical project management, software development of high-reliability systems, and international business development - all in a heavily regulated industry. All of those characteristics are directly applicable to DisLedger's focus on financial transactions for payments and capital markets.

DisLedger has been under development since January 2016.

The U.S. Patent Office published DisLedger's patent application today. You can find it on U.S. PTO website (http://uspto.gov) try their application search feature using application number 15/429426

This direct link may work too: Direct link to application (http://pdfaiw.uspto.gov/.aiw?PageNum=0&docid=20170235970&IDKey=2B32C78BA36F&HomeUrl=http%3A%2F%2Fappft.uspto.gov%2Fnetacgi%2Fnph-Parser%3FSect1%3DPTO2%2526Sect2%3DHITOFF%2526p%3D1%2526u%3D%25252Fnetahtml%25252FPTO%25252Fsearch-bool.html%2526r%3D1%2526f%3DG%2526l%3D50%2526co1%3DAND%2526d%3DPG01%2526s1%3DConner.AANM.%2526OS%3DAANM%2FConner%2526RS%3DAANM%2FConner) 
and a .PDF is uploaded to PDF on DisLedger's site (https://www.DisLedger.com/USPTO_Application_Published_17August2017)

Then why don't you inform us, instead of being so defensive without proving the contrary?
Please clarify what you will do with all those "premined" unsold tokens you said "will be available to customers"

There is nothing to be defensive about regarding the release of tokens over time as it is clearly articulated in the documentation. 15% of tokens are available on launch and 85% will be released from the reserve over time because we need a supply of approximately 30 million tokens (30 billion transactions). 

I will not accept the labeling of the company a scheme - it is not. I will push back forcefully against your inaccurate characterization because it does nothing to aid in the analysis of DisLedger's technology or token launch. DisLedger is a respected organization that has been in business for a long time (in DLT space) and will continue to provide service to our customers for a long time.

You are attempting to cast Fear Uncertainty and Doubt (FUD) on the company with vague assertions of 'legal consequences, unless you prove the contrary.' That's a ridiculous, unsupported statement, only intended to harm the company, and not a valid critique. There are actual attorneys, who are renowned in this space, working on the legal and regulatory issues related to the token launch. The attorneys will submit their analysis of the regulatory issues to document how DisLedger satisfies the requirements.

I only respond to this post to let other readers know that DisLedger is committed to transparency and abiding by applicable regulations. We like to discuss the technology and accept valid criticism of it... but in the future we won't be engaging with FUD or flame postings.

No need to be so defensive, really. I just noted that, by holding tokens in a reserve for later re-selling them directly to customers, people that bought tokens during the ICO will have no guarantees on their future value. After the ICO, you will be able to sell your reserve at a judgmental price. If (for example) you may need some liquidity for business operations (or any other possible reason), you may want to incentive to buy part of your reserve at a lower price than the ICO or the market price, this will indirectly depreciate the tokens that have been bought during the ICO. This is just an example, my concern is regarding the risks related with the reserve. Normally other ICO projects "burn" unsold tokens to protect investors from this risk and avoid "pre-mine" accusations.

I am not saying yours is a scheme, I just said that it can be seen as a "pre-mined" scheme, I am just offering you the opportunity to clarify.
Regarding the spreading of FUD, this is not the case: I would not be here asking legitimate questions, otherwise.

Lots of coins are pre-mined what's the problem with that?
If they need 30 million tokens why would they burn the unsold ones?
Investors get to buy the coins cheap then the company can sell the ones they own later so they are incentivized to keep the price high too.
Calling something a scheme is rude I can see why they don't like it.

I used the demo and it's really fast compared to other projects, good luck!

Do you have code on github?

Yes billy, glad you like it!

Our repository is GitHub (https://github.com/DisLedger/)

ShapeShift is going to drop coins that are considered securities Coindesk article (http://bit.ly/2icewqO)

DisLedger's token is NOT A SECURITY so it be even more valuable

Why does that make yours more valuable?

More exchanges will start dropping 'security' coins which will immediately make those coins lose value. People that want tokens will become more selective and only buy non-security tokens. DisLedger is one of the few tokens that is not a security - there are not a lot of other options available.

DisLedger's IP token will be able to be listed on exchanges and be tradable without running into issues with the SEC so it will be in greater demand.

Thanks for the article

Confirmation emails were just sent to the first group of registrants that passed the AML check for DisLedger's token launch.

If you registered after 15 August your application is still in process.

Thanks to everyone that has registered!

Thanks again to the hundreds of registrant!

If you haven't already yet, sign up now at DisLedger (https://www.DisLedger.com)!

Unlike some escrow sites that charge over $100 AND 1-2% of your funds... DisLedger registration is totally free!

Has anyone looked at this coin to see how high it can go if it starts at $30?

Any response would be pure speculation, and worthless.

Your statement doesnt make sense, do you want to charge fees for ico registration. it's not like you are offering escrow for the ico. Are  you the only one working in the company? I cant find any team member bio.

Other ICOs have used third-party sites that hold the funds in escrow for their AML checks. Those sites charge buyers >$100 plus 1-2% to handle the AML process. There is nothing inherently wrong with that as the AML process is labor intensive and costly and must be paid for by some party.

However DisLedger does not charge buyers for AML, we decided to bear the cost ourselves. So no, we do not charge fees to register.

Dan Conner runs Disledger and is supported by two law firms: one for patents/intellectual property development, and one for analysis related to the token launch (securities regulations, token sales agreement, etc). DisLedger has also been supported by a smart contract development shop, software developers for DisLedger code development, and business development consultants to reach potential customers.

Coins are all about speculation and go up because of what people think. What are people's thoughts about this one?

The attorneys handling our token launch sent their initial analysis of DisLedger and "conclude there is a reasoned basis for taking the view that DCL Tokens do not meet the definition of “investment contract” under the Securities Acts."

In plain language - DCL is not security under the Howey Test which means that the DCL token would not be considered a security by the SEC.

So we can distribute DisLedger tokens without restriction, even to U.S. buyers.  Buyers have assurance that the token complies with the US securities regulations and can be bought/sold freely on the Ethereum network and listed on token exchanges.

We were confident of our own internal analysis that the token was not a security before we started the token launch process. However it is reassuring to have the legal professionals come to the same conclusion. Frankly we wouldn't have proceeded without this legal analysis.

1  September is closer and closer , where is our "more info" ?  I like your idea very much, and be ready to invest in the ico.But before this, I need more info.

We're waiting on the Token Purchase Agreement from the lawyers. They promise to have it finished Monday.

Sorry for the delay!

Correct me if I am wrong, but it would appear there is no benefit to joining the presale/soft rather than waiting for the ICO test if you are investing anything under $100k. Is that accurate?

Cool project btw.

Thanks clefs, we're excited! The soft launch is underway and is going pretty smoothly so far.

The main advantages to joining the soft launch are: 1) to get a volume discount, and 2) to get registered and the AML check processed as that can take a long time.

The launch will be open for the entire month of September and the price is fixed at $30.00 for the entire time. We're trying to be good stewards of Ethereum to avoid causing a race condition and crashing the network the first second the launch opens. 

The cap is intentionally set high so we believe the launch will be open until 30 September. But please Register Early 'Token Launch Registration' (https://www.DisLedger.com) as the AML processing can take a week!

I think I understand. But just to be clear, if I wanted to join with $50k, there would be no difference if I joined during presale/soft-test or during the actual ICO. Is that accurate?

Yes that's right, just register well before the end of September please!

Well, I'm in! Sent my ETH off. Interesting that they don't process the signed agreement before providing the ETH address. What if I unintentionally submitted a blank document?

The ETH address is not unique to each participants ?

I think it is.

I cannot believe what I'm reading! You create a shitty website with almost no details whatsoever. No info on team. Whitepaper is terrible, lacking technical details. You enter this space of open-source mindset to create a better world and come here with your vague project to file patents and sell rights to them for 1/3 of IOTA price. Github has no activity. Your professional history is non-existent (your LinkedIn is a joke!). And you come here to ask for these amounts of money!? You are a seriously deranged and arrogant person my friend. I cannot believe I am not seeing any negative posts like mine in this thread, you must have been removing them to lure in the idiots. Maybe next time create a website with actual details, do some actual work to sell your work!

So far the morning's sales have gone off without issue. We didn't crash the Ethereum Mainnet :)

Thanks for everyone that has participated!

Does anyone have the token details to see in MEW? Contract Address, decimals (3?), and symbol (DCL?)

Guess I was the only one to buy.

No bounty for this coin?

What's the minimum amount required to qualify for the 57% discount ?

I recently send some ETH to purchase DCL, anyone knows how long it takes to receive the tokens?
Also, I couldn't find any information about when is going to be listed on the exchanges. On the website it says "to be announced", but is team currently working on the relationship with the major exchangers? Twitter & Telegram doesn't says much.. The best place to find out is here I guess..

So far it collected 264.65 ETH ~ $88,324.42 ($333.74/ETH) it is fine considered that they didn't put much effort on marketing.

This just started, hope to hear some regular updates from part of the team & devs involved..

Ugh I hate to see when scammers get money

Hi just a quick update from DisLedger.

So far we've had over 500 participants register successfully. There are only a few people that had minor issues but they were all simple like not entering a valid Ethereum address, or uploading the wrong image instead of a government issued ID. So all in all the process has been going well.

Hopefully our response time to both technical questions and AML checks has been consistently improving. It's not uncommon for registrations to be processed in 5 minutes now.

We got a late start to our advertising and PR campaign so as that ramps up we are expecting a lot more traction. Word of mouth is best though, so please let your friends know about DisLedger's technology!

Please reach out with any questions... info@DisLedger.com

Best Regards,
DisLedger

There is no discount, since the token launch the price was 30$ and they just updated the price tag to say 57% discount as from 70$ to 30$. Don't get fooled.

$30 is how much it's selling for in the ICO. $70 is what it's going to be after the ICO. If you'd read about it they've been saying the price would be around $70-100 the whole time.

I think this technology is the future and will probably put me out of a job as I work in a bank. What I would like to know it seems to be a token for 1000 interbank transactions. It will be used between banks. Can you explain the advantage of an individual person holding this token aside from the possible price increase to $70?
Thanks

The great thing about allowing people to use the technology under the per-transaction pricing model is that people can come up with whatever use-cases they'd like. We've had people interested in creating crypto exchanges, secure messaging projects, and foreign exchanges using DisLedger.

It'll be interesting to see what new uses will be created in the future.

And we're not trying to put banks or clearinghouses out of business. We don't disintermediate them... we're trying to give them great technology that they can use too!

Glad to see the conversation is already starting on the Telegram group!

Looking forward to everyone joining and chatting about the technology, the launch, and anything else of interest.

When will the ico start pls ? I am too lazy to scroll all the pages to find the answer , thanks for the reply.
I am sure this is a interesting project which is worth investing.

wow, that is lazy... like impressively lazy!

National policy of continuous pressure, has been so that the new coins can not be hot chase, to return to the value of investment is the real way

Please rephrase your comment so we can understand

I recognize your technical value, I will return to the value of investment point of view, the long-term tracking of the project

Ah thanks!

You cannot get much better recognition than when SAP, Mastercard and Intel's distributed ledger people all see the value in DisLedger

how much have you raised so far? I don't see a ticker on your website.

We've sold about 450 ETH worth so far, but most of our registrants are waiting until just before the launch closes to buy in.

We haven't had the publicity that we had hoped for so we're changing up our marketing strategy to bring in new buyers too.

DisLedger's customers collectively have 100s of thousands of employees and reach into every country in the world... so we can leverage their sales channels to promote our technology far better than any other start-up ever could.

Video interview with DisLedger founder Dan Conner YouTube (http://youtu.be/HkZ7OBJQWks)

It's kinda Sad that you guys have no bounty programs. Bouty helps to get maximum exposure via campaigns. Do are there any Article campaigns? Or Video campaigns?

It's to the team's determent but as a participant this is great. DCL is a sleeper, and after ICO everyone will realize this and want in, pushing the price up ;)

As an early participant it is disappointing to see the terms of the sale changed like this.
At the very least you could award early participants with an extra bonus or increase the price for the extended ICO.
It is not good business to change the terms of the agreement without concessions or mutual agreement of all parties.

DisLedger technical advisors Aram and Rajesh

http://www.disledger.com/index.html#team


...We brought together a group of experts that are the best in their respective fields to launch DisLedger. As we expand globally we plan to hire support staff to assist our customers deploying DisLedger systems. DisLedger's contributors include: 6 developers for the smart contracts, 2 lawyers for regulatory review, 2 lawyers for patents, 3 developers for the demonstration code, a UI/UX designer, and consultants that connected us to large potential customers. Additionally, the large clients that we've worked with over the past two years have had their own experts in: sales, program management, software development, and systems engineering evaluate the technology....

Can you link to some information technology research where someone from the Disledger team had played a part?

A friend recommended me this one with overly enthusiastic words. Are there any competing technologies for this one, or any competitors that might be trouble?

Glad your friend is as excited about DisLedger as we are!

DisLedger competes against current installed centralized databases and their switching cost; Blockchain projects in the finance space like Hyperledger, R3, Digital Assets; and DAGs like Iota in the IOT market.

Blockchains are great when you have data that you want to ensure is accurate, AND you are willing to share that data with the entire network, AND you can don't have to process a lot of data quickly. But that's not the type of problem we're trying to solve. We want to handle massive amounts of payments each second and keep the buyers' information private.

Our competive advantage is that we are far faster than blockchain ever will be; are totally private so ensure sensitive information is never released to competitors; and maintain data privacy in line with regulations like GDPR, CSL in China.

So for use cases that need both speed and privacy (payments & capital markets) we excel. We don't try to solve all problems... there are no silver bullets... but the spaces we work in are very large and lucrative.

That demo that you have on the website is incredibly fast indeed. Is it JavaScript running on the client machine, or on the server side with Node?

I'm worried that if it's on the client machine, someone could just reverse engineer your algorithm and become a competitor.

Top notch website design. Can you please put me in contact with the web developer?

Yes it gets called "incredibly fast" quite often.

The sample code (https://www.DisLedger.com/demonstration.html) is just JavaScript running in the client browser... so it is not even close to the solution optimized on server & cloud for our clients.

We wanted something to demonstrate how DisLedger is universally accessible and supports IOT, mobile and web users, and by the way, is still 1,000 times faster than Bitcoin and Ethereum.

We have patents-pending on the technology and we take our intellectual property protection very seriously. Organizations find it better to just use our tokens than to worry about patent infringement.

Happy to... Lasse is a great designer (https://www.behance.net/lasselikesyou) who created the original website and logos. We've made a lot of changes to the page since he created it (so any UI design flaws are ours not his)

How responsive are you? :)))

Thank you! I just messaged him my offer.

Am I right to suspect that Ripple wouldn't want this to succeed?

Yes we've talked to Ripple about the technology and it worried them.

They have a very limited capability and after all these years of trying they still haven't been able to cut into SWIFT's market share.

DisLedger handles the same types of payments that Ripple does, but also can do massive numbers of IOT micropayments that Ripple cannot, and DisLedger supports capital markets clearing and settlement.

Interesting. But all those micropayments would have to be between a few sides, right? You can't have too many sides transacting just a bit.

In this case, it seems that it would have been more safe to wait for the patents to be actually approved. A lot of organizations will want to use this technology asap. Are you getting the patents worldwide, or just for US?

Haha, Cambridge brings be bad memories, of rejection. Good job on the research though!

Thanks, we found it helpful to inform educators and researchers about the architecture.

The only problem was KPMG's graphic erroneously makes it look like R3 and DisLedger both use Concurrence.

But DisLedger's approach is a much cleaner and more efficient design than R3's.

Being a business accelerator, it means that they might actually fund you too, right? Also offer logistical support, maybe business cooperation...

I hope you get those patents fast, there should already be eyes on your tech, that try to copy it.

Thanks! Luckily the way patents work is based off when the application is filed. For us that is early 2016 which is way before anyone else!

I'm feel ashamed. How did I not even know this. Patents make a lot more sense now.

Ha! Not you shouldn't at all, intellectual property protection is complicated.  We have a great law firm that takes care of the hard stuff for us.

You might want to overstaff your company from the start. It seems very likely to expand rapidly, I don't think you'll have things going slowly.

Do you have great security experts in the team? It seems to be something mandatory for the "totally private" part, which might take quite a time to achieve.

Yes we do!

And the design is "private by default" which is a great selling point for our clients that have to worry about data privacy regulations.

Wow, that's awesome. You guys will completely own this type of ledger for years to come if I understand patent law correctly.

Any talks planned in the near future from the DisLedger team? I'd love to see you at one of the conventions.

Will you be doing anything to prevent traders from buying these tokens only to dump them at the first exchange? The reputation of a lot of ICOs seems to suffer because of this.

How would you propose they do that?
You mean you want them to announce new restrictions that they didn't disclose at the time we made our purchases? You mean you want to restrict people further on what they can do with their own property?

Hi DisLedger will be presenting on a panel with R3, Axoni, and Digital Assets Holdings at Fintech Week held by the Institute of International Economic Law on October 18-20.  IIEL website with information (http://www.iiel.org)

Other participants will be regulators, financial institutions, and investors from multiple countries.

If someone has the time, can you ELI5 what exactly this does? I understand that it keeps track of transactions using blockchain, but isn't it offline? How do transactions get confirmed that way?

Again same over and over again, Fast,Safe,Secure okay, we have already many coins like that why we need another coin like this?

Do you know if this is open to the public? I can't find much info on the website.

I think you have to RSVP.

Because DisLedger is unlike any other technology out there.

Every other DLT implementation is just a minor modification of Bitcoin's blockchain. DisLedger is completely different.

If you could only give one simple sentence as to how DisLedger is different, what would you say?

DisLedger creates private, shared ledgers between counterparties, so they are the only ones that ever see that data and can process hundreds of thousands of transactions per second.

DisLedger is a fundamentally different architecture than blockchain and solves the scaling and privacy issues. It's designed for financial institutions, capital markets, and payment systems where scale is required and data privacy is mandated by regulation.

I know this may be a revolutionary concept for some but, regulation isn't always evil!

Surely you can see why, being in an environment like we are, so many of us are so against it. Too many people in power tend to benefit from doing things their way rather than what's good for most. So the easiest way to prevent conflict of interest with those of authority is to have as little regulation as possible.

The RSVP could just be to reserve a spot in case the venue is full.

Can someone please clarify ?

When, DCL tokens are more like license to use the technology and this technology can scale to handle multiple transactions per second, As a investor, how the token price will appreciate ? Is it only, if the technology becomes very hot on the market and everyone wants to use this technology ? or is DCL only for people who wants to use this technology for their applications ?

Found about this on Quora. Why the hype, guys?

What users do you wish to target? Give me an example of your stereotypical customer.

DisLedger is designed for permissioned networks that deal with sensitive or financial information. Our customers need high speed processing and complete privacy of their data.

So we deal with large enterprise customers like banks, financial institutions, stock markets, etc. Because we can now offer the DisLedger technology on a per-transaction basis as opposed to a large, upfront license fee, we are expanding support for small and medium sized companies now too.

So would individuals have any use for this technology?

The majority of times individuals would not even realize that DisLedger was 'under the hood' For example in a mobile, peer-to-peer money transfer system DisLedger would connect the banks of the sender and receiver and handle the payment on behalf of their individual account holders (like Zelle).

We have had people ask about building private messaging systems with DisLedger proving that the messages hadn't been altered. It would be a modern version of a notary public and certified-mail system. That would be a situation where individuals would run DisLedger's technology directly.

Did anything come of people coming to you for this in particular?

Been looking at this more for the last few hours. I must say I am impressed.

Yeah not that i'm hating on this Coin but i think that it's better to invest in already established Privacy Coins like Monero,Zcash,Cloak or ONIONS team are very active.

They just have been looking at the idea for a few weeks, so hopefully they will go ahead and build something out.

If anyone has an idea for a system and wants to get some feedback, send a note to info@DisLedger.com

Thanks, yes there is some interesting technology out there. 

We're focused on the enterprise scale customers that need high speed (hundreds of thousands of transactions per second) which really differentiates us.

No one else come close to our speed.

I think the last I saw ETH was limited to 20/second? Yours is so much faster because it doesn't have to be confirmed by a bunch of unrelated users right? It's just confirmed by the parties involved manually?

That's to be expected I suppose. As long as the right people know about it, it doesn't really matter if the general public does.

Sounds like it has potential, I hope they decide to work on it. Can you disclose the company behind that?

Do you guys have a slack or only telegram?

Am I way off?

If only there was a technical paper describing the technology and how it worked that we could reference...

Will you invite more advisors to your team?

Is there a particular legal firm you have been going through?

As well as someone here to confirm my interpretation of such a paper, perhaps someone who even wrote it??

Good question. Anyone you guys are trying to get on board?

Must say that their technical white paper was explicit enough even for me to grasp what they're doing. And I'm far from tech-minded.

Both of these should be reasons for token appreciation.

Anyone from Disledger around?

Still no chance of a bounty campaign?

They must be super busy.

I think if they were going to have a bounty campaign they would have already done it.

Does this still count as distributed if each ledger is kept by only two sides? It's distributed to just two sides? I know each side can have as many pairs as he wants, but still...

crickets...

We used Debevoise & Plimpton for our token sale legal review, and Morrison & Foerster does our patents.

Yes it is still distributed... the difference is it is not massively redundant like a blockchain.

Think of DisLedger's distribution as a network of pairs of ledgers, instead of one ledger that is copied on every node. Every DisLedger node is unique as it only contains the data for its transactions.

I'm glad the whitepaper was clear enough to understand. It's hard for us to know if we are over-explaining, or under-explaining the technology since we are  so close to the topic.

Happy to explain any of the concepts further, sorry it's been crazy with meetings over the last few days.

Do you guys plan to bring in anymore advisors?

Not during the token sale but there are some capital markets, payments and finance experts that we’d like to have onboard longterm.

Thanks for taking the time to come answer.

How are the advisors getting compensated?

Interesting idea. The project has a good future

Can't find a link to the slack?

They only use Telegram. Slack has too many scammers anyway.

But this massive redundancy also makes it auditable. So you're definitely losing this property, right?

Those contractual arrangements would be private.

The way we arrange the data actually makes audit much easier. The complete replication on all nodes is an artifact of bitcoin that is completely unnecessary in a permissioned network. It adds cost and cyber risk so it’s actually a big negative.

Thanks, yes we're really excited about the technology!

That's interesting, any specific companies you're eye-balling?

We've been talking with Intel, Mastercard and SAP for a long time so have those pretty well covered. Next we'll be looking for executives, investors, and board members that have connections in other, similar companies.

Okay. I understand your hesitancy to disclose something like that.

We have non-disclosure agreements with companies that keeps us from discussing details of our work together, most advisors would have similar NDAs.

Any venture capitalist interest?

Yes, our partner Alluminate.io has a fund

That's a great indicator of a quality project in my opinion. I'm surprised you guys don't push that info more.

You have a good point!

Actually they're obvious lol, they're probably getting tokens.

And their Tech group is writing our smart contracts.

They're more involved than I would have initially expected then.

Yes, the groups that understand how powerful DisLedger will be in finance have gotten really interested. So they usually want to engage deeply, and we appreciate partners like that!

Those are some big names, hopefully something will come through with them.

Yes we're happy that they're involved and that we'll get to work on a lot of good projects together.

It seems like they would be overwhelmed with people trying pitch them ideas, how did you manage to get a foot in the door with some of the bigger companies I've seen mentioned here?

Persistence... just not stopping until we could convince them of the benefits of the technology.

First going over the details with the technical people, then lots of discussions with the business people on what it means for their product and company.

It took over a year of consistent communications with some of the bigger players.

Wow, Debevoise & Plimpton is a very prestigious law firm. That must have set you back a pretty penny or even two!

They are expensive but completely worth it to ensure that our token sale was handled legally.

Hopefully people will appreciate the extents to which we've gone to be compliant with all the regulations. We maintain professional standards so we will be around for a long time unlike some other notable coins.

I knew I recognized that name, that's the firm defending Grand Theft Auto V from the lawsuit filed by Lindsey Lohan.

I don't know about GTA but they are the firm that created the "Securities Law Framework for Blockchain Tokens" which is the legal framework that people rely on to help assess whether they are a security or not in the US. They also handled a lot of other relevant regulations in the States and internationally.

Here's a link Securities Law Framework (https://www.coinbase.com/legal/securities-law-framework.pdf)

I'll never understand why people care about legality in US so much. Just "don't sell to US" persons, like so many are doing. We all know they're buying anyway. Cryptocurrency is also about not caring about the current flawed system.

The penalties just aren't worth it, and the extreme ways that ICOs have tried to avoid the regulations aren't sustainable... or legally justified. Just look at Tezos' collapse last week after they tried the Swiss non-profit scam.

We're working in the global financial markets for the long run, with customers that are heavily regulated. We would never have done the token sale if our lawyers hadn't signed off on its legality.

I'll look into it more, ethics and law are hard for me.

The legal issues around the crypto space are really complex. And because the networks cover the world you have to deal with different rules for each country.

Another writeup on DisLedger and the token sale from Startup Radius (https://startupradius.com/ico-7-facts-want-know-disledger/)

Sounds like they're probably the best in the world for this industry then.

That's always the answer I get to that kind of question, you just have to keep bugging them. I've tried, but I loose hope after 10+ messages lol. I guess it probably helps to know the right people to bug also.

I think that really would say a lot to anyone who's willing to actually do their research.

Yeah, I'm a nerd. I think it's a good sign though, makers of GTA have so much money they could pick any law firm in the world and they chose the same as you.

Will there be any sort of platform used, or does the technology just kinda work in the background?

It's mostly used under the hood of systems that users wouldn't ever see. Some commons uses are connecting banks together so you can send money peer-to-peer, or connecting brokerages and clearinghouses together so that when you trade stocks they end up in your account.

Are these writeups promoted, or they post them themselves? Sorry if the question is too intrusive.

This wasn't paid for, Startup Radius likes the technology so wanted to write about it.

Thanks!!!

Yeah, this makes sense. Thanks.

Have there been anymore non-blockchain competitors cropping up?

Iota, to my knowledge, and I only moments ago came across Hashgraph.

DisLedger provides distributed ledger technology for the existing players in the financial system (the companies with $ billions of dollars). We're not trying to provide a niche application or Dapp, but rather to work with the companies that currently provide >99% of the financial transactions globally.

I think people just aren't used to seeing this sort of thing, but you explain it very well.

DAGs like IOTA have lots of interesting potential uses but they aren't suitable for transactions that require data privacy. So that rules out any financial transactions, payments, or securities clearing etc.

So I understand this service is for huge financial companies doing lots of private transactions, but surely something like this could have more uses. Are there any you have considered?

We chatted with someone that is looking to use DisLedger for a private messaging system with guaranteed delivery and where the messages can't be altered. That could be really interesting as a way to replace registered mail and return receipts from the Post Office.

More importantly we want to support startups that have ideas and need DLT technology that they can implement affordably. That's the whole reason we're doing the token sale, to spread our user base from the huge companies to small and medium size companies globally.

That sounds great. I'm sure there's lots of money to be made supporting lightning fast transactions for the biggest companies, but making your technology a household name like blockchain would be a great feather in your hat.

We'd be happy if a few start ups were successful and grew into big companies because they used DisLedger's DLT. Some product or service that we could point to as having helped to build.

So you can't think of any non blockchain competitors?

There are no other non-blockchain distributed ledger technologies out there... DisLedger is the only one

Also all other databases in the world, like the billion of them, are non-blockchain. :D

Fair point... I'll add DLT to the previous comment.

But there are no other forms of distributed ledger technology other than blockchain and DisLedger. We own the intellectual property to an incredibly powerful, and highly sought after technology.

That I agree with.

That's certainly impressive. Whats the best place to keep track of updates with Disledger? This thread? Your twitter?

Definitely keep tabs of www.DisLedger.com (https://www.DisLedger.com) as it has all of the documentation. Also Telegram (https://t.me/DisLedger_Launch) is pretty useful for asking questions.

Those are the good kind. I've seen too many that act more as badges than actual advisors.

Sounds so promising. Is there any sort of confirmation I can see that you have relationships with some of these finance companies?

We're under NDAs with them so we can't go into details on what we've been working on. But we'll have proof of concepts that we'll be able to announce shortly.

You'll announce it here on this thread right? This is my only source of information from you guys. Where else would you recommend I follow?

Great that the dev will announce new informations or details of their work very soon. I think he will surprise us all with some amazing.

Definitely check in at www.DisLedger.com (https://www.DisLedger.com) and join our Telegram channel (https://t.me/DisLedger_Launch)

I understand. Any time frame on how long for the proof of concepts? A weeK?

Appreciate it. You guys are killing it with your communication.

I wish it were a week! But realistically in dealing with large companies they move much slower, so we have to think in terms of months not weeks.

I guess that's the disadvantage of running with the big dogs, they're much slower lol

Yes but when you catch a big one it'll feed you forever!

I like the idea of. It will simplify our life. Can you give us some more details about this concept?

Sure below is a high-level description then go to www.DisLedger.com (https://www.DisLedger.com) for more information about the token sale.

As a summary, DisLedger is a low level architecture that creates shared Counterparty Ledgers (CLs) between organizations. The CLs use standard cryptographic hashing and signatures, but only the counterparties validate the transactions. We record the 'concurrence' of the actual parties instead of having the crowd provide 'consensus'. This means the data is kept completely private and the processing is orders of magnitude faster than blockchain-based DLTs.

Each organization aggregates all of their CLs into a single Prime Ledger that shows the real-time balances of all its assets.

We distribute the data in a mesh of Counterparty Ledgers as opposed to a massively redundant blockchain with everyone's data commingled in one dataset.

There's more information in whitepaper and slides at:
Technical whitepaper (https://www.disledger.com/DisLedger_Whitepaper.pdf)
Slide deck (https://www.disledger.com/DisLedger_Overview.pdf)

Have you guys made any videos going over Disledger?

What is your relationship with Alluminate.io?

I think they're just a partner.

Hi Mike Boutwell did a short introduction to DisLedger (https://www.youtube.com/watch?v=W6Ia8Cf2aAc&t=1s) and then a few days later he did an interview with Dan Conner (https://www.youtube.com/watch?v=HkZ7OBJQWks&t=1s) the Founder of DisLedger.

They are advisors to DisLedger and their technical staff works on our token sale contract code.

Nice, I appreciate it.

That's cool, Dan said you can easily get 5,000 transactions per second on an Iphone. You guys are planning on working through mobile?

It’s not the primary way systems will be built, but it is supported. The Demonstration (https://www.disledger.com/demonstration.html) runs locally on your mobile devices or laptop and still does 4-5,000 transactions per second!

Most companies will use cloud processing and storage, or will use their own data center with private servers.  DisLedger (https://www.disledger.com) supports any combination.

I'll agree with that lol. Best of luck!

Thanks so much!

So close to the end. How has the sale gone so far? As projected?

We've met our goals for publicity and are now running in the same leagues as R3, Digital Assets so that's been phenomenal.

But we really want to expand our developer base. So we're hoping that we'll get more folks from the DLT technical community trying the technology during these next few days.

They must be pretty important to Disledger then. What made you decide to go with them for your token sale contract code?

Yes they are great partners. We had a series of meetings to talk about everything from business development to in-depth DLT technical issues.

Alluminate's existing code base gave us a great place to start for our specific contract.

OMG That is the fastest blockchain ever! Almost 1,000 times faster than Ethereum!

I like how the app shows all the hashes so you can tell it is actually working right

You won’t sell my personal information when I register right?

Absolutely not!

We don't share the registration information with anyone. We only use it to run an AML check and add you to our whitelist.

As soon as you pass the AML check we send you an email with information on how to get your DCL tokens.

OK good
When do we get the tokens?

The Launch goes until October 31st (unless we hit the hard cap of 4.5 million DCL tokens). When the launch period ends we'll take a few days to calculate the results then generate the DCL tokens for distribution. The DCL tokens will all be distributed at the same time between November 5-8th.

At that point you'll be able to add it to your wallet using the DCL symbol. We'll send out instructions on how to add to your wallet such as MyEtherWallet, etc.

Thanks for participating, tell your friends about DisLedger!

Cool that’s really fast compared to the other ICOs

I don’t know if I’ll ever get tezzies the wait could be months or years

There will be no tezzies for anyone. Tezos is dead.

I am really worried that you are right so much promotion and nothing delivered in the end. :(
That’s one of the things I like about Disledger, it’s not a crazy hyped coin.

Thanks, although honestly we'd like a little more hype to help spread the word!

I’m really surprised there isn’t more talk about DisLedger. You seem to have a great technology with actual customers not just hype.
Good luck!

Thanks!
Yes we're really excited that such large customers are interested in the technology. Now we're looking to support smaller companies and startups that want to use DisLedger too.

Who should I contact for the project I’m working on?

Please reach out to info@DisLedger with the details.
Or try our Telegram (https://t.me/DisLedger_Launch)

What's scary for me is that I wasted a lot of time researching BOScoin and Tezos before deciding not to invest for multiple reasons. What if I went with the FOMO/hype, I would have been so much more poor now.

Clearly I'm biased but sometimes I look at the business models and the structures that other ICOs setup and think, "why would anyone ever buy into this?!"

A Swiss non-profit that you 'donate' money to, and then they buy a for profit company, and then they might send you tokens in a year...

Would you buy a used-car from a guy that offered that deal? No, but for some reason people think that sending them $150 million is a good idea!

They promised tokens in two months. :/

DisLedger is distributing the DCL tokens in just over a week...

Wow that's cool, had no idea you guys had a working demonstration.

Yes, it's just a simple way to prove that the architecture works and processes at high speed. 

So this is right on time for what was promised?

We had to change the schedule in September, but this is exactly on track with the new baseline schedule.

That's great, congratulations.

Thanks!  Tell your developer friends to check out www.DisLedger.com (https://www.DisLedger.com) to learn about the DLT.

Oh cool, they look pretty experienced.

Yes, they have been a great support to the team!

So the sale is almost over, right? I don't see a ticker on the site, how much have you raised?

Yes the sale ends tomorrow, so send your ETH before you head out Trick or Treating!

Impressive!

Yes, it's 1,000 times faster than Ethereum... and running on an iPhone 6... :)

We just received confirmation that DCL tokens will be listed on Radar Relay (https://www.radarrelay.com) as soon as the tokens are distributed between November 5th-8th.

I can get them listed or I can help you get them listed on EtherDelta as well. Please verify the contract on Etherscan (green check mark) when you generate the tokens.

Thanks your help on getting DCL listed is much appreciated!  Yes, we'll definitely do the contract source code verification on Etherscan.io

And for the second part of the question? How much did you raise?

About 600 ETH

What is the deal with the failed transfers out to the Streamr Crowdsale. How did that happen? Who was trying to send the ICO funds there?
https://etherscan.io/txs?a=0x0cff2ed2f99cd3c889ed19d3bc9c5d8a934a9a17

Why was 408 ETH withdrawn?

That's pretty good, $185k. How does it compared to what you expected going into this?

Considering how big of companies they're trying to work with, this might be on the lower side.

They airdropped their coins into the DisLedger address so we were going to get rid of them. We're just managing the wallet.

We'd like to have more but we got some new customers interested in using the technology so that was good.

Yep, everyone else will pay full price, right?

Is there any chance for the price of the token to go above $75 or will it essentially be capped there because there will always be supply available at $75?

If u need slovenian trans  Let me know

They said the market is going to set the price not the company

Right, the DCL token price will be set by the market, so the financial interests of DisLedger and the token holders are aligned.

Makes sense and is very fair. That’s part of the reason I like Disledger!

So the contribution address is posted on the site, but you require registration. What happens if someone contributes without registering?

The DCL tokens are just held until they register. But once the AML process is completed (even if it was done out of sequence) the registrant's address is added to the whitelist and they receive the DCL tokens.

But the AML process is really quick these days... 5-10 minutes to be approved is pretty normal.

Bountyhunters add 0.0 value to a coin.

I can see why they're frowned upon to be sure, but surely you don't believe that. It's a cheap way to advertise, do you also believe advertising is worthless?

They are begging coin dumpers from the 3rd world. They should kick them of the internet.

Good, tthey didn’t do bounties so there’s noone that will dump Disledger

That is one of the reasons we didn't end up doing bounties. The research showed that previous bounty hunters sold their tokens immediately which depressed prices unnaturally.

Very good, I like your honesty.

Yeah these guys have been really good about explaining what they’re doing and why

They had to explain the regulations alot, which most coins just ignore