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1  Local / Criptomoedas Alternativas / Re: ||| eREAL - Cripto PayWall do Brazil || 🔥 Queima de Tokens || Feb 2018 ||| on: April 19, 2018, 03:15:05 PM
Realmente parece um projeto com caracteristicas de projeto morto, não aparecem noticias e a comunidade é praticamente inexistente :/
Aos que procuram uma boa moeda descentralizada brasileira, recomendo que pesquisem sobre o Criptoreal.
É um projeto sensacional desenvolvido por brasileiros que visa destruir os intermediários(famosos middlemen) como bancos e operadoras de credit card em favor dos usuarios e comerciantes,que estão sempre pagando taxas absurdas e sempre sendo prejudicados..
Seu verme, voce esta epenas recomendando outro golpe!!!
2  Local / Criptomoedas Alternativas / Re: ||| eREAL - Cripto PayWall do Brazil || 🔥 Queima de Tokens || Feb 2018 ||| on: April 19, 2018, 03:07:36 PM
Eu acredito que esse tokem EReal já era morreu, onde está os devs e projetos do tokem? Não valeu apena segurar essa moeda, sem projetos e sem comércio ,  alguém pode responder se ainda está em desenvolvimento o EReal?
Eu avisei que essa merda era golpe mas ninguem quis ouvir haha, agora foda-se tomaram no cu
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: February 25, 2018, 06:28:15 PM
Why not use the Zerocoin protocol?
Azulik among others pre ann of dag+privacy has no code yet and you are talking about zerocoin? lol
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: February 25, 2018, 06:26:26 PM
Why not use the Zerocoin protocol?
Shocked Huh
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: February 24, 2018, 04:12:57 PM
Dear community be ready for the website very soon,
thank you for your trust and support.

We need #code first Wink
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency on: January 22, 2018, 05:15:18 PM
Quote
Airdrops are not good, you could exchange them for an incentive system to the Stods (Stone Nodes)  Huh

Node incentive models need either continious PoW/PoS inflation or transaction fees to work. A fixed number of coins can't really manage this as sooner or later they will run out in 1-5-20 years or whatever time.
Okay, it's just my idea trying to put together the best of dag with blockchain.

But it would be a very good way to distribute the coins in a heterogeneous way and maintain a secure network for much longer until you have enough users to have no problems.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: January 22, 2018, 05:07:10 PM
Do not misunderstand me, I'm very suspicious, but I want you to be able to implement everything you want in (~ Azulik)
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: January 22, 2018, 05:04:14 PM
Currently we haven't really dig the distribution process, it's not the top priority as of today. We have to define the supply, the part given to the contributors, the team and through faucet.

It should look like that:

Quote
We will study all of your propositions, and the preliminary supply will be 666 millions coins.

30% of the real supply will be distributed pro rata to all our donators. We aim to raise $150,000 to work in the best conditions, hire a designer and webmaster, and start early marketing to make the community grow exponentially.

Each Azulik currently worth: $0.00075.
In other words $1,000 = 1.3 million Azulik.




All of this above isn't definitive and could be updated.


At the moment, we want Azulik to work as soon as possible.
I think a fair distribution system would be the coins being distributed as a form of participation for full nodes
But this distribution system for donors is not very reliable, because scammers appear on bitcointalk creating pre-forgeries (not scammers) but it's still too early to trust without seeing the code, if someone wants to give just give what they will not do lack
9  Local / Criptomoedas Alternativas / Re: ||| eREAL - Cripto Pagamentos do Brazil || Queima de Tokens || Jan 2018 ||| on: January 22, 2018, 04:55:40 PM
Nada contra a língua inglesa, mas aqui é fórum Local Português, evitem postar em outra língua, pois a moderação pode advertí-los.

abs
Isso é um token scam, qualquer coisa que nao agrade sera deletado Cheesy
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency on: January 22, 2018, 04:51:17 PM
FRIKKIN BOOM!

so tempting to donate more, this is looking real good.
Avoid donations, when the system works and is not scam then you can reward the developers for their work, it happens that you should not trust projects that ask for gifts before showing work, if the project is good even if it is not a fraud I take my and apologize to everyone.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency on: January 22, 2018, 04:43:50 PM
Good morning to you all, today will be a small update and recap on recent events/posts, hopefully one of many if i acquire the time to do so. Id like to take this time to earnestly thank my supporters and the people who have been sending supportive and appreciative private messages, also to the donators, development could not continue without you, Thank you.



Distribution

As expressed by a few supporters we have come to the result that we would like to see a substantial plan ahead, which will persist as follows;

30% donators (ending shortly - exact date yet to be announced)
32.5% Airdrop to BTC holders
22.5% Airdrop to existing XRB holders.
10% Givaway (Thread Posters/Twitter Enhancers)
5% Development fund


Stodes (Nodes)

From my findings with the balanced-weighted vote the implementation will not transact in-line in the manner i originally set out to achieve, therefor i have played with the idea of off-chain addresses, t-addresses (Stone) for standard transactions & (zStone) z-addresses, with an exact exchange between paired wallets for an untraceable transaction .My idea further extends to to have Stodes (Nodes), which act as a direct atomic swap 1:1 with Stone & zStone, anyone would be able to see the the swap 1:1 between the two, but no one would be able to see where you have recieved the zStone as it was transacted off-chain.

zStone would not be a seperate currency and not tradable on an exchange, its simply the channel to achieve completely private transactions, with a swap 1:1 with Stone, they would not be worth anymore or any less.


Schematics


                           OFF-CHAIN
        Bob                    ->           Alice
(zStone) Transactions    ->    (zStone)  Received


                              SWAP
         Alice                    ->            Ted (Node)      ->          Alice
(zStone) Swap 1:1        ->            Receive/Send       ->    (Stone) Received

Alice receives a private transaction from Bob via zStone, Alice now has 100 zStone, Alice now wants standard Stone, she swaps the 100 zStone for Stone 1:1 via a Stone node. The end result is Alice successfully has completed a private transaction with Bob, and swapped back into the base currency, all within the wallet, this method allows the DAG protocol to still function with its representative method.


Tests

I've been testing the functionality with zkSNARK transactions in a closed server, with positive results, sub ten-second transactions, with privacy.

The following members will take part in testnet, at this stage i do not need any more participants.

Code:
Mate2Mate
PerfectCoinSeeker
no_advance
njoroge
Bamauth
bitcoinuserz
w******t
Nomad_1
Mucamo_35
hoolio
Mckonery
ICOGuide
bitcoinuserz
fedmahnkassad
Dagmen
Worldtokenindex
xibeijan
racka
njoroge
witzowitz
mgpf
Phantomtrader
kaar
jinhwanlazy













felixando


Airdrops are not good, you could exchange them for an incentive system to the Stods (Stone Nodes)  Huh
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions on: January 21, 2018, 12:12:35 PM
First of all, thank you for all of your messages. They are really documented and very interesting. We will give further details below:


Here are the main results of our simulations. We will try to keep it clear and easy for everyone. Please feel free to ask for further details. The idea here is to test three approaches: ZK-Snarks, recursive-ZK-Snakrs (linearisation), and WPI.

As a benchmark, we used a simple DAG. We then simulated transactions/nodes and calculated the time needed.



On the left, you can see that (among the three approaches) one allows to have transaction time really close to the simple DAG (without privacy). We can confirm these results with the figure on the right where we plotted the difference against the benchmark.


So, here we are, we have selected the Privacy protocol we will apply. We still have some analysis to do, but we are very confident with this approach.

Azulik will be the first Freemium cryptocurrency.
You’ll be able to realise instant, fee-less transactions, and adding privacy will only requiere a very small fee. Read below because what we have to show you is amazing.

First, we need to understand the issue, Raiblocks uses DPOS (delegated proof of stake), hence having complete privacy would hide users’ balances and break the whole DPOS system. The idea is to have two wallets: one public and one private.
So, you are wondering: If  I have the choice, I could put all my Azulik in the private wallet and the DPOS wouldn’t work anymore .

Yes, you are right and that’s why we need an intencive to make people stay in the public wallet and participate in the DPOS. All the fees collected through private transactions will be sent back to the user depending on their Azulik balance.

It means that keeping your Azulik in your public wallet, even if you don’t do transactions, will return you a percentage of the daily fees spent on the private network. One percent of the transaction fees will be split between the nodes, hence you will get paid to run the node. The other 99% will be redistributed to the network. Assuming that the portfolio weight is distributed like a Gaussian law and that the number of transactions is  equal or higher to the number of  users, we can say that, on average, you’ll get 99% of your fees back. 

So even if the fee is very low (and probably dynamic depending on the number of nodes on the network), you’ll get back a lot of the fees you pay for you private transactions. Remember, it’s  still free and instant to send or receive Azulik with your public wallet.






The main upside is that we will have a natural anti-spam protocol for private transactions, hence we can remove the POW to sending or receiving. It also means that it will make transactions even faster so they can be used in the mobile wallet.

Let’s take an example: You reveive your salary in your public wallet, then you send a part of your salary to your private wallet that you call Shopping Wallet.

Usually with Raiblocks, when you pay for a coffee, the bar can check your balance, where the money came from, and so on. Here, you can use you private wallet to pay and nothing will appear. Your transaction will be shown on the public wallet, but there is no link between the public and private wallet so it’s impossible to know who owns any given public wallet.

We believe this is the most elegant way to apply privacy on a DAG DPOS protocol
Do not hesitate to ask all the questions or concerns you may have, we would be happy to provide further details.


To summarise:

- We have designed and tested our privacy protocol
- Azulik will be more decentralized than Raiblocks
- It will be as fast as raiblocks for both private and public transactions
- Engage loyal users with daily rewards
- Very small fee for private transactions
- On average: private transactions are almost free

What next:

Here, you have everything you need to understand Azulik. We know you want a proper whitepaper and to see some code.

We can say that we will be able to deliver a proper whitepaper in about a month. Regarding the code, we will have to find a secure way to show you. As you know, there are other projects aiming to do the same thing and, in months, they proposed/delivered nothing new besides "We will merge Zk-Snarks and Raiblocks.” We like open source projects but we don't want our hard work to be stolen. So, in a bit of time, I think we will have a clearer picture about these two other projects and we will be able to deliver code. However, on our side, we will start implementing Azulik. To be honest, we can't expect the first test to be done before two or three months.

The idea is great, solving 3 problems easily, I'll be waiting for your commit in github to test!

Now you have an idea how to solve the problem of the distribution of the coins Huh?
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Piece Of Shit coin - POScoin - greatest revolution in blockchain on: January 21, 2018, 12:01:45 PM


I want to present you a new revolutionary technology located at the junction of Iot and AI. It's just a concept, but I'm already actively working on it.
The essence of it is that you would monetize the efforts and the time when you spend every day sitting in the toilet.Everyone to whom have the toilet bowl at home, can hold a master node.
And in the same place to be engaged in the mining of this promising currency.Each time you press the flush button, the results of your tight calculations will immediately be sent to the blockchain.
It should also be noted that the currency is absolutely private, even until you open the door.If you still have questions, you can find answers to them in white paper that is already in your toilet.
You, of course, are interested in how you can join this amazing project. It's very simple - send a little ETH or BTC to the address below and within a day you will find at your home a little piece of shit.
All received funds will be directed to the development of a special synchronizer, which will synchronize your toilet bowl with a blockchain.
Well, the data recorded in the blockchain will be analyzed by an artificial intelligence to find out who is the coolest shitass.
I want to note that we are already billions, but this is not the limit, in a number of countries, people still use a hole in the floor.But as our project develops, they will install a toilet bowl and connect to our network.
So the prospects for this project are grandiose!

ETH - 0xEb298C02f8E1f95B12dba57d0e84996504cE7888
BTC - 15CLzKxg36zaA5NNz5kL4wEsyn2vGHqKDA
Shocked Grin Roll Eyes
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: January 17, 2018, 10:22:40 PM
To be honest i wonder if a good captcha can be solved automatically, i have seen this video about XRB, but the weakness was the unlimited number of try. I'm not sure a bot could solve a capcha at the first time, especially if it's a dynamic one (Once with image, once song, once number) for each fail you wait 1 hour.

However i have to say i really like the approach you propose. It's a very good idea.


Follow my suggestion and your project will be the best crypto-based DAG!

A personal suggestion from me, no matter the amount that was donated for development, if it is a donation, and not a pre-purchase of medas, I hope you understand what you mean (do not have recompence for donors) if they did donations is because they trust in their work and the reward of them will be a coin with a solid code.

I am not a programmer but I want for the first time a currency that uses technology to create an efficient and fair solution to the problems of currency distribution

cryptocurrencies need a solution for the storage of transactions and because all currencies today have the problem of (Infinity and beyond) we have an efficient solution for this too

ie that the matrices are created in blocks of genesis over a certain time and that they are a way of rewarding full nodes, that they are given directly from the genesis block to the address of the full node (almost a mining) but what I see that for a period of time the network needs to have an incentive to maintain and distribute the feeds effectively and fairly, it may have a difficulty specimen that increases as more nodes enter the network and reward them for the time they are on line keeping the network safe and fast.

I do not know how this will be done or if my idea will be accepted, but I think this will be the best thing for currencies using DAG technology

I hope also that this is not a scam based on the dreams of raiblocks users, time will respond, but for now my suggestion to all is do not make donations until you see some functional code, I hope you do not misunderstand me.

Once again excuse my lousy English
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CRS] Criptoreal - A Brazilian Coin [POW][Lyra2rev2][DGWv3] on: January 17, 2018, 12:57:23 AM
This is scam, I'm putting together evidence, but it's already over (https://www.virustotal.com/#/file/bb627618bbb154ef11fea5ade0e56540214c85f1ea654ced6f229693f8bc4ef5/detection, http://r.virscan.org/report/d4e03a1a65419b8fd157c90976625dc3, https://www.symantec.com/security_response/writeup.jsp?docid=2013-091122-3112-99, https://encrypted.google.com/search?hl=pt&q=Win32%2FSorter.AVE.CryptLocker.HY, https://www.virustotal.com/#/url/3b591f3c01c8c11fb4a76d6f1c7ecad0959c6f6df53295e7248938194debe4a8/detection, https://www.virustotal.com/#/url/9edef060982c3d09bc7e0688791e2ec2167190863239adcccce1c8fcd3d82276/detection, ), beware and do not download the wallet of this shitcoin scam it has some hints of malware wannacry!


Binary Response (
HTTP Response
Final URL
https://github-production-release-asset-2e65be.s3.amazonaws.com/116318236/43a9d02e-f8ff-11e7-8616-d46deabb55dd?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAIWNJYAX4CSVEH53A%2F20180115%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20180115T002529Z&X-Amz-Expires=300&X-Amz-Signature=635d506154b8a0f95aacbf6fcc00327a0501fa7c0ec2727ccc2675db857489a4&X-Amz-SignedHeaders=host&actor_id=0&response-content-disposition=attachment%3B%20filename%3DCriptoreal-Win64.zip&response-content-type=application%2Foctet-stream
Serving IP address
192.30.253.113
Status code
200
Body length
14.72 MB
Body SHA-256
15074e66609484dbe81774233840c8e0767916771d119cf154427a9ce2cabce9
Headers

accept-ranges: bytes
content-disposition: attachment; filename=Criptoreal-Win64.zip
content-length: 15436583
content-type: application/octet-stream
date: Mon, 15 Jan 2018 00:25:30 GMT
etag: "35ddbc5776785b2391ba6574b0af5c8c"
last-modified: Sun, 14 Jan 2018 10:48:11 GMT
server: AmazonS3
x-amz-id-2: T0TbaLtLeJKdfwv+Cjtsfls+ikdfDXwmtMrYwnm67XFReI0JcmujfACRoR4yGJgA
x-amz-request-id: 8EE22E413E541D02
)

Attention...
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: January 16, 2018, 12:33:40 PM
For now everyone can be Scam, including Azulik!
So do not hurt until you see some functional code!

If you have some functional code, I want to be a beta tester.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency on: January 16, 2018, 12:12:09 PM
Well, the projects Manta and Azulik seems to be much more advance, with Stone we will wait for some code forever.
For now everyone can be Scam, including Stone!
So do not hurt until you see some functional code!

If you have some functional code, I want to be a beta tester.

A very funny thing I'm observing...

No one answers a message from me...
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 on: January 14, 2018, 07:50:43 PM

What is AZULIK ?

Azulik aims to be Raiblocks with privacy.
We may make some changes to the Raiblocks protocol, but in the end, we want to offer a decentralised, fee-less, anonymous, and instant cryptocurrency.

At this stage we confirm that Colin's words were right, it's not possible to apply privacy to XRB as we kown it today ( zkSNARKs).

Adding the privacy feature is harder than it may look, simply applying a ZK-SNARKs protocol (the underlying protocol of Zcash) would make the transaction time increase a lot.

That why we are currently working on two approaches:
  • Having an optional privacy feature, allowing to have instant transaction or privacy
      
  • WPI (witness-indistinguishable proof ) or recursive zkSNARKs approach which for us would be the best way to have both instant transaction and privacy

See below and our whitepaper for details.

Who are we ?

We are two colleagues, two engineers working at a famous tech company. One of our friends in the company will join us in the near future to work on the project management, marketing, and exchange listings.

Here’s a little bit about us:

There is nothing really sexy about it. We are rather young guys who graduated from very good universities. The skinny one is better at C++ than he is with girls and the fat one doesn't remember the last time he played a sport.

You won't know more about us than that, though, because our company's compliance rules don't allow outside of business activities. Hence, we wouldn't take the risk of being fired.

We have been in the blockchain and crypto world for years. We followed the development of XRB and we have been fascinated with Colin's work. Especially this epic thread that none of us understand…Don't worry, we are joking!

Why Azulik ?

We like Colin, he is certainly super smart, but we have read somewhere (and they were reported words) that adding privacy to Raiblocks wasn't possible.

When we saw that, we thought: “Challenge accepted!”

We started to work on it. We dug a bit into the problem and we would like to offer a potential solution we found.

Yes, we aim to build a decentralized, fee-less, and instant cryptocurrency.

But, most of all, we believe that privacy is an amazing touch to add to it.

Give us more details !

In a nutshell we show that applying Zero Knowledge proof (ZK-SNARKs) to DAG is something feasible. At this stage we believe that the privacy feature and instant transaction aren't compatible, however we think about making private transaction an option allowing to handle instant transaction or full privacy. But for sure it's a more complex problem than just apply SNARKs to Raiblocks, our next direction is to check the feasability to apply witness-indistinguishable proof.

Quote
A witness-indistinguishable proof (WIP) is a variant of a zero-knowledge proof for languages in NP. In a typical zero-knowledge proof of a statement, the prover will use a witness for the statement as input to the protocol, and the verifier will learn nothing other than the truth of the statement. In a WIP, this zero-knowledge condition is weakened, and the only guarantee is that the verifier will not be able to distinguish between provers that use different witnesses. In particular, the protocol may leak information about the set of all witnesses, or even leak the witness that was used when there is only one possible witness.

Witness-indistinguishable proof systems were first introduced by Feige and Shamir.[1] Unlike zero-knowledge proofs, they remain secure when multiple proofs are being performed concurrently.
(wikipedia)

We believe that applying WIP to Raiblocks could be the solution to have both instant and fee-less transaction. Furthermore given to Witness-Indistinguishability Against Quantum Adversaries it would also be possible to make Azulik quantum resistant, which is currently not our priority.

For more details check our whitepaper first draft by clicking here. We know it's still very light as we have been mainly working on the privacy feature for the moment but expect updates frequently.


Here’s what’s next:

  • Finishing a proper whitepaper
  • Discussing other potential solutions or improvements with you guys
  • In the meantime, working on the coding
  • Sharing advancements with you on Github
  • Working a bit on the marketing (website, logo, etc.)
  • A functional wallet

Distribution:

It's very early to speak about the distribution as we expect months of work ahead, especially because we are busy with our daily work at the office, but we would like to find a very fun, fair, and new way to distribute Azulik. Any ideas?


Can i help ?

Of course you can, we are always interested in people having expertise and wanting to share, do not hesitate to contact us and give us your toughs, concerns, comments or complaints. If you have no expertise in this field hence you can motivate us if you are as excited by the project as we are.  

Donation:

If you guys are excited, liked the small piece of work we offer you today, and want to see more, or if you can't wait for the release of Azulik and you want us to reveal our identity and leave our job to work full-time on it, do not hesitate to donate.

We will update the list (or tell us for remaining anonymous), all donation will be very appreciated and we will remember it when we finally release Azulik! (and we secretly expect to leave our job and work full time on Azulik as it's much more interesting) .

  • Bitcoin: 1E6HaTHMwdWsQEPHyMoiNHyxTjKzAXC8sU
  • Litecoin: LQcsBj8e9jHHdFyG6cZLCzPpzC5ydnJQKj
  • Ethereum: 0x21D0241bf0aB261D52c10767c89Bc9F764472167
  • Monero: 44MyZttQH891CTTA8Gg71Cdh68zfUs28WGGynFzcpePiLuE2weVenAVRGfFzjzcusKe2qYUYCGqXk31 mNjG3QqkLKMdm7UU
  • Raiblocks: xrb_1dtmp1g9rfkusja6ogpktazgt846kj4ett6afwowpu8xz6wq8kimergzkrug

Thanks for reading.

Azulik Project
I will be following this project closely, whether it is scam or not yet I can not say, but if it is authentic I could follow my suggestions on how to correctly distribute the coins.

 am not a programmer but I want for the first time a currency that uses technology to create an efficient and fair solution to the problems of currency distribution

cryptocurrencies need a solution for the storage of transactions and because all currencies today have the problem of (Infinity and beyond) we have an efficient solution for this too

ie that the matrices are created in blocks of genesis over a certain time and that they are a way of rewarding full nodes, that they are given directly from the genesis block to the address of the full node (almost a mining) but what I see that for a period of time the network needs to have an incentive to maintain and distribute the feeds effectively and fairly, it may have a difficulty specimen that increases as more nodes enter the network and reward them for the time they are on line keeping the network safe and fast.

And do not forget the problems with centralization this is very important.

I do not know how this will be done or if my idea will be accepted, but I think this will be the best thing for currencies using DAG technology

Once again excuse my lousy English
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency on: January 13, 2018, 11:09:15 PM




Introduction


Stone will be the first DAG (direct acylic graph) data-structured digital currency with private transactions, allowing instant, fee-less anonymous transaction with high scaling (up to 7,000txs per second) Stone will be forked from the RaiBlocks codebase, whilst the chain is not near completion as it currently stands and it just myself who will be working on the project, i do not offer high quality illustrations & impressive marketing, what i do offer, however is highly scalable, private, instant a fee-less transactions, all on a decentralized network once the project is complete



Work Ethics


What i can promise you

  • Dedication
  • Constant updates
  • a finished product
  • a quality product delivered in a timely manner


What i cannot promise you


  • Exchange listings
  • Price increases
  • Advertising
  • False hype
  • An unfinished product, i always complete a project.



This pre-announcement is merely just the beginning of a long path, the stepping stone for a great advance in an already amazing pre-existing technology. I cannot express enough respect Colin and his innovative idea which has solved the blockchain debacle, a incredible amount of work and dedication has gone it to his project and Stone will never discredit his efforts.


Methodology


I've been experimenting with the idea of using zkSNARKs, similar to the tech used in the ZCash cryptocurrency, this will prove to be a challenge since we are no longer using a blockchain, we are using a DAG.


From my findings with drafts between the balanced-weighted vote & sk-SNARKs, unfortunately the implementation will not transact in-line in the manner i originally set out to achieve, therefor i have played with the idea of off-chain addresses, t-addresses (Stone) for standard transactions & z-addresses (zStone), with an exact exchange between paired wallets for a private untraceable transaction. My idea further extends to to have Stodes (Nodes), which act as a direct atomic swap 1:1 with Stone & zStone, anyone would be able to see the the swap 1:1 between the two, but no one would be able to see where you have received the zStone as it was transacted off-chain.

                           OFF-CHAIN
        Bob                    ->           Alice
(zStone) Transactions    ->    (zStone)  Received


                              SWAP
         Alice                    ->            Ted (Node)      ->          Alice
(zStone) Swap 1:1        ->            Receive/Send       ->    (Stone) Received

Alice receives a private transaction from Bob via zStone, Alice now has 100 zStone, Alice now wants standard Stone, she swaps the 100 zStone for Stone 1:1 via a Stone node. The end result is Alice successfully has completed a private transaction with Bob, and swapped back into the base currency, all within the wallet, this method allows the DAG protocol to still function with its representative method.

Apologies in advance for the rough draft schematics, this is not anywhere near complete and is subject to change.

zStone would not be a separate currency and not tradable on an exchange, its simply the channel to achieve completely private transactions, with a swap 1:1 with Stone, they would not be worth anymore or any less.



Beautiful splash screen art work by rmena123




a very short summary, zkSNARKs have 4 main ingredients:


A) Encoding as a polynomial problem


The program that is to be checked is compiled into a quadratic equation of polynomials: t(x) h(x) = w(x) v(x), where the equality holds if and only if the program is computed correctly. The prover wants to convince the verifier that this equality holds.


B) Succinctness by random sampling


The verifier chooses a secret evaluation point s to reduce the problem from multiplying polynomials and verifying polynomial function equality to simple multiplication and equality check on numbers: t(s)h(s) = w(s)v(s)


This reduces both the proof size and the verification time tremendously.


C) Homomorphic encoding / encryption


An encoding/encryption function E is used that has some homomorphic properties (but is not fully homomorphic, something that is not yet practical). This allows the prover to compute E(t(s)), E(h(s)), E(w(s)), E(v(s)) without knowing s, she only knows E(s) and some other helpful encrypted values.


D) Zero Knowledge


The prover permutes the values E(t(s)), E(h(s)), E(w(s)), E(v(s)) by multiplying with a number so that the verifier can still check their correct structure without knowing the actual encoded values.


The very rough idea is that checking t(s)h(s) = w(s)v(s) is identical to checking t(s)h(s) k = w(s)v(s) k for a random secret number k (which is not zero), with the difference that if you are sent only the numbers (t(s)h(s) k) and (w(s)v(s) k), it is impossible to derive t(s)h(s) or w(s)v(s).

(Christian Reitwiessner 2016)



Distribution

One big question which is still left unanswered, and may be for some time, is distribution, I am unsure of how the coin will be distributed at these early stages, but when the time comes i’m positive the community will assist with an efficient, fair solution.



Whilst i do not wish to run a crowdsale, donations are welcome and will go towards my efforts in development. Donators will be noted in a database & published alongside Stone's main announcement, your assistance will not go unnoticed, depending on the distribution method selected as a community, donators may be included as a portion of distribution, we must first select method of distribution and work from there. For now donations should be treated as exactly that, donations.



Bitcoin:  17rta6cBBcacwbjFuWmrCpaPDN3m4jX6et

RaiBlocks: xrb_3my3e88nzaorkhcbho91seniswjz7ksiu1ddkuuu5ue3q8exiian9ikhja4g

Ethereum: 0x4Ce0650EC058449F8b936733b12E945E443EC1bD

Cardano: DdzFFzCqrhsjZUErFNMenUo52ahMKvHnqjzfXWzrbZhjxqAozaNbgcXrBqmHmAGATnKAUupSKAmnEgh 8kQuYP4Gst78yBGr4hrg4xWGs

Monero: 47AkVYEAYrtCUB7b6LpyuggTBPuWKC7edBVCWph2Vdka1pkKjND2CN85Rp5efFkKv4EHBvyVKXaHs5b bu8dFt3Qo2qmFuEA





If you wish to donate - please send a PM me which currency & amount right before the transaction is made, so i am able to keep track of transaction ownership in my speadsheet, to make things run smooth, if possible PM me the transaction ID after, and also any other contact details you wish for me to add into my documents encase i cannot contact you via PM. Sending from exchange or personal wallet are both fine, if you are sending from an exchange possibly include a refund address in your message encase of any issues.

Code:
:: DONATORS :: a share will distributed to all donators, as a way of saying thankyou.

hoolio  |  https://etherscan.io/tx/0x8ef0ee17988bcc55f8263d54209a695de008427a2565da112b1247df0c37ad9c
Meatstick  |  https://blockchain.info/tx/fc6e3d5dfa3ad584d36c02f330a1e05adc3fab0e5f017f1b4144e9e270d2a8ae
fallengel  |  https://blockchain.info/tx/520c6cf01b0719380fdb5dc9881ace0474cfc5251206d28e8b57485c0797da2a
tedes  |  https://blockchain.info/tx/e83ea00dda5bc56b456f59475d146113125a262000e24a9dca8798c2c1996385
vsh  |  https://etherscan.io/tx/0x5f6b2da906c116c725e7341a0380ab9f51fac39c831570b8715b70b8c9fdfb3e
rusbus  |  https://etherscan.io/tx/0x30060b45cf09adeda02f9c42fd50479140c628380ee446f75377b86dd344974e
https://etherscan.io/tx/0xa751863c6fc4937fcb8d551ea01ad978005499f97d94abe2b9385a58bb27abec
emberedsword  |  https://raiblocks.net/block/index.php?h=827BE8F22956C11B56925A2AFA87D62140F2371A5482F14C88DF8E7D9FC3BFE6
Elated  |  https://raiblocks.net/block/index.php?h=B9049F25CDC58A8A1EB0A5BE16AB0935B2F42DC737F244597E55F9692A560916
deemcdee  |  https://etherscan.io/tx/0x30189f75e72e0cce22a89316e2c16361bb1ab20f4d217cb0ecf0681cfc7ddaa8
Modifeed  |   https://blockchain.info/tx/b9220112713e1d150e54f5d1e5542d608255acaa8ca91ca2fb92787e89a4d770
mohunr  |  https://raiblocks.net/block/index.php?h=39FA5FBEA3E185263762F4962FFDB27595BB8871DA1068AC4F4EAC3FA7E8CF09
vvorobets  |  https://etherscan.io/tx/0xe6fd9be6c0f94e41faaf598227683a67572eba9bd4ca3269b2fb65f290f46dda
Greyfox127  |  https://etherscan.io/tx/0x86d0bb3746e2e627fe742a09eb5531b9676bac39641de088816e1da28a61b0ee
KasaiRyane  |  https://etherscan.io/tx/0x95af89dec1223b58a86d517ca40d12ba72f67b7b00802dc8758ba7d0ddae9faa
benben22  |  https://etherscan.io/tx/0xde86eac7f84bd4d0f69f2751c1e021342d2914c066a4224df1e545306ed2edf4
gringoed  |  https://etherscan.io/tx/0xde20f2eca360c92db1e394865ad99be0260d670f19d177120f9e2af5787e7996
PerfectCoinSeeker  |  https://raiblocks.net/block/index.php?h=BE98BEFE9ED9649313EF5A9D9BD79003651C38E6EC197FF0218471BE5B1EDE83
quad002  |  https://raiblocks.net/block/index.php?h=CFFA532C870C82CC364B8F2C912EF429A778E2A1768EC34B8AE0F4FFD85F13E2
greatk  |  https://etherscan.io/tx/0x2dfdbf8fbf3a2f17fdc2564b4f66af1a83e827c944acbd19b720c106bdba0534
kfe0824  |  https://etherscan.io/tx/0x9bd076280f50de54dfc9a3042f997736d46aae094eb5544bac7abfc4f7db4a9b
mrdaltro  |  https://raiblocks.net/block/index.php?h=820C9868CDFCA05BAF2E46CEDFADADC0C2E5D70A0CB42692AC1081AF6F67A5A9
n_xion  |  https://etherscan.io/tx/0x1e31c4574e4a75f6b2f523b948c0ba990a638ac2daa3944dd8f6925fae99f73c
irfan22in  |  https://blockchain.info/tx/0cb0b6b191940496032d74f10ff8218186b14457ef7ae61c2550bd95f9d5a317
riccardop  |  https://blockchain.info/tx/c0bb46de4e2075385b362c902f4977caba17eab8c9798b35f0ef984c07ddf5e0
geostation  |  https://raiblocks.net/block/index.php?h=A431B6940DE860F867644DAC7FDA3AC9218970A12C8651E8588EA5855D1A961A
LAMNOID  |  https://etherscan.io/tx/0x45d4adde9a53c802e2216492695ec3f807dcd8530f38661aa67909e25d729735
nonconformist  |  https://blockchain.info/tx/8bb58931c8183bf5277fca64233c769fd607a7e3e855c0209446ca5e5d43b5f9
gamblor80  |  https://raiblocks.net/block/index.php?h=820C9868CDFCA05BAF2E46CEDFADADC0C2E5D70A0CB42692AC1081AF6F67A5A9
cached  |  https://blockchain.info/tx/f4ea95f3d16e6e4036a952e42057081f806ebd12912c193636041bb5eca649b8
drkfvr  |  https://blockchain.info/tx/44d221f99ef294643c2389c8d65edbc58c09fee2bcba8dd049a1804053c32b01
prestosays  |  https://blockchain.info/tx/f77d5fbb9223bc2c4408afbbb8cb20077601e8d2aca2d85883151fd32e6ba516
cryptopathshala  |  https://etherscan.io/tx/0xcec075d160072d67751ec85d3308d24bf901dc855b82556bc4457554a153bf52
TheTenIsDog  |  https://etherscan.io/tx/0x2470cb583e51ef6cf7f1b0db3a68b69e33f7bf7a7bd04f4c6abe3e37cec01e68
tyz  |  https://raiblocks.net/block/index.php?h=908E2FDF744B1C79C92553F9674D08A4EB39227A3092579E4B146AEDBBE42A7A
ehrightness  |  https://etherscan.io/tx/0x45b7fcef53983264805b59b2a0f4d227757feb48e468932b25b48ecb1748d350
zenyfomax1  |  https://etherscan.io/tx/0xa7c8708834afb27d38d2e367c07d764c9e65c026ba8650f027d5f75be836bd29
canadapharmer   |  https://raiblocks.net/block/index.php?h=F0092D46F4A0134C9CF96F30B7AB60B5488AB354F3B968C063DD140A6D2580B9
iAmCiaran  |  https://etherscan.io/tx/0x234d876f6e0a5d21606f31f700a6494810fe51ad84fb47aa69d1e901e43e0ef9
snowboard789  |  https://etherscan.io/tx/0xd82d67de628e3932a35de9d0ad8346fdb777cfe44c634daeace6fcedc682bf89
CoinFreedom  |  https://blockchain.info/tx/ab3ce6e7c745eb7105d12e9b6073113956b8f86f3fa23bed3912d1e695c3daa5
talktopab  |  https://blockchain.info/tx/116eea60c70137993f776afe228b1b0c2f7739bca2c2b298d8cbcc994f6fd8f6
Mckonery  |  https://etherscan.io/tx/0xa4f4f9daad6f47a047b8831f52918cae80357beaf5ae0953f32b53fb8fce1842
xibeijan  |  https://blockchain.info/tx/c41114a8d6521e0d3ab0955317151cee6515b3886d5d2b3dd8dbfcabc46c0483
Dauma  |  https://etherscan.io/tx/0x89dd5da2f6185d7007fd544a900162c1fe2e90b8af7e262255d697a843ec4545
aliceswhiterabbit  |  https://etherscan.io/tx/0xf3367798a0b70c10d3380dbbb9d01fda14c3150ff3699cf9a1253138e640f86d
ahhteeth  |  https://etherscan.io/tx/0x8779c9b672c9651a41e42d52015de386035db2be493ca3ea1e5316a33bae42d9
senepa  |  https://etherscan.io/tx/0xbff35481c3e291ad69d4667ad7d69f36863b290cd23ca847c8efe309bdd42824
Everipedia  | https://etherscan.io/tx/0x02b60108339901eb03450b697e44a812b8011ca8dc8b3cf9f527a320ad474894
BrightPastAhead  |  https://etherscan.io/tx/0xbf2eb197aed40439cf94c3c392bb82b85d7b40805567497bf16fdf5c89b3348b
jen729w  |  https://raiblocks.net/block/index.php?h=C7F8A33D1DFAE883DA1A359F54644EE87C783D533D24F94D294B30FB03F1DD02
Roentgenate  |  https://etherscan.io/tx/0x43054271a53787e45f0f42f45d0ef877bba86748121fb358609553a8bcf56e47
gcasamiquela  |  https://raiblocks.net/block/index.php?h=CE96EC6C2D66D21E116D710771BB2A2469501E78EDB08DAF6C889B28BFD84BF8
Rio47  |  https://etherscan.io/tx/0x3861d74bd3b7c8ab84383de37eec8af33e0b34db043acbd808e944af6416f1ff
corncoin  |  https://blockchain.info/tx/1decb2b28e844da67a41adb26fa7ebfaeefdd7b93591582fbf282641c0b4608e
john_locke  |  https://raiblocks.net/block/index.php?h=CFF3F938C1A13F51A63055DE427CBE52ECBD090C6A5E2B6BD7B6E7B2AD80AC65
iwishicouldfly  |  https://blockchain.info/tx/3f52cbf52ddd39530641a148e4476ea9552c5ea7a4dc43bc054a11fd23b084e7
fedmahnkassad  |  https://etherscan.io/tx/0xd866b8f0a65f09a2693042daf4d65224c7bfe329bff791622ec090b4f36af310
rublaj  |  https://etherscan.io/tx/0xd8dd05126006c7f8f3de20147ded36d5f9cedc30cd4fb9304f2983285dd18162
xb0w2  |  https://etherscan.io/tx/0xa98609a9f124552a46258d423aeef34cbbe95893c81e779a252c2f64657ca6f5
evasive1  |  https://etherscan.io/tx/0xf2a7a187c9d8cd9c28c1e55f3c9a25047a2a91377157c9a0e9ad0c4b3e2440d4
zaycc  |  https://raiblocks.net/block/index.php?h=0E7B651903BDD08995FAC0CBB9F079B4E20C903ED49396D9DB1C00DBC34EAB39
MrAhab  |  https://etherscan.io/tx/0x59d2d77847fb7cb9117890273f9ac43083f3f74bb956a0bf25d02edab0f2d959
prady  |  https://blockchain.info/tx/58feff834f2d1ff37406a48c15bfcecdc3e05f7b4f61d5ec40690439b49b1e64
BiGONE91  |  https://blockchain.info/tx/69dfdacfd93d58a017b26041cfd1fd2530a107f6dc90370f049588e655cae52c
wjtliso  |  pending...
SmokeMonkey  |  https://raiblocks.net/block/index.php?h=502B8D7A2EFD2BF23125E592D363174854AAF22544F1180B054D6DFE925064ED
nomok  |  https://raiblocks.net/block/index.php?h=42AD268F2AC93FCE17CB6762F652F1F8470B8666CEE95CB3C68245CFDC7A02B5
weathal  |  https://etherscan.io/tx/0x1fe15068517834be7a4d5aa471e83b134d5088b77d045328d20d149dda0728cb
pol5  |  https://etherscan.io/tx/0x45eae2a02a3b98137ea90e87134502e78d36e747fdf435851c545a0d1120890f
Mate2Mate  |  https://raiblocks.net/block/index.php?h=94AEB13E39610C6D75357B97A3E0B650FC39B8408C791FCC1295583A31C28F23
prof.hubertj.farnsworth  |  https://etherscan.io/tx/0x27b2f31770d9cc397d4e87f33d7e34d3cf943071ec792b32fa2e8cbe738e88f6
Mavef  |  https://raiblocks.net/block/index.php?h=5D56AA2B06D916EAC4CDB99C3989DD0971CB7C1047BF9BCE6CB63D13FFB07504
sizzle9999  |  https://etherscan.io/tx/0x30993d6d05060c405220e977d99a0de61f99f30bcab839573e41f6ad69973189
nltn  |  https://etherscan.io/tx/0xe1dcc8428ca5f4a5e7ddd2a7b7ff26f786bfd7494bd01ee351ac8608c8fdbb3b
StoicD  |  https://etherscan.io/tx/0x038bc86e49f37780668b2e15387bd1bd5be739a952db3dab29f01077d0dfdaab
ricodynamo  |  https://etherscan.io/tx/0x5b9b7391913b3b4037cbf0c952d6681e53bbeeb082bed9eb5b884af9d7c6557a
brassfid  |  https://raiblocks.net/block/index.php?h=D4358067D17FB169D48ADF88747FD3C7274B61A12028EAA1D5BF771C7977B7D3
blockchainben  |  https://etherscan.io/tx/0xc8434bda3859391a6c7ca9fbcc83a8ae4a674790d1f5b70b74951237e96ab424
prady  |  https://blockchain.info/tx/58feff834f2d1ff37406a48c15bfcecdc3e05f7b4f61d5ec40690439b49b1e64
pgii  |  https://blockchain.info/tx/be5370a7c03c158efdd8c285870d2eb5bbecc7557fb2173179fd48988de937f5
Brennus101  |  https://etherscan.io/tx/0x98f30e26b066819ab71b5da536eda4700c0930958094293222e425746540fe11
wjtliso  |  https://raiblocks.net/block/index.php?h=B7A84753CABC4E3B72BFCD924D71E56A48AB018C4C4874D84F8424AA24E548FC
c0sx  |  https://etherscan.io/tx/0x6fed1bc275f493f2ad75e4439a9c0cc56edc89a6c92226c925b6b19e5687d0f1
xfunk  |  https://etherscan.io/tx/0xc77b100ed348f6201c36713cb806d26bf68dc6045746574aa187196627d9e2d0
darumasand  |  https://etherscan.io/tx/0x895535d8c157a26f85b63d1f1cb6c086de75b30ee7c8b696008d274889352da2
prady  |  https://live.blockcypher.com/btc/tx/58feff834f2d1ff37406a48c15bfcecdc3e05f7b4f61d5ec40690439b49b1e64
K-Dub  |  Pending.
RafaBGO  |  https://raiblocks.net/block/index.php?h=C339158DCF8FCD3428503335040D94ADEBEDC7EC6C63850B0CE7B33D35787278
PrinceOfPersia711  |  https://live.blockcypher.com/btc/tx/dc02ed181a6c79a5f6ed191252d4c43574dacf3639244f552e5c877c9a83d178
Brennus101  |  https://etherscan.io/tx/0x6c6ec904b7862b57d99ebc93f2df116a0e33d366ce0204dab9cfb6a4b0c3dc68
pararius  |  e87cbaf2da399f0133def2fd903a57116f98ed1a43f515e157fa4eded2a4927e
wjtliso  |  https://raiblocks.net/block/index.php?h=B7A84753CABC4E3B72BFCD924D71E56A48AB018C4C4874D84F8424AA24E548FC
CryptoBolton  |  https://blockchain.info/tx/fd75402388593dfe1ca9b1f790de805a93b5976c9e25418a1c55a00eae6ce17e
MsCollec  |  https://blockchain.info/block/index.php?h=5F9AFF31FADD014B4CE54F4C4258DEF4DC74DEE5796CB96BC88418C7FD77B44D
FauxShizzle  |  https://etherscan.io/tx/0xedd1bdc08cd2a1bca559eb8475e530c206d134175664679aba06f68667cd7c7d
K-Dub  |  https://insight.bitpay.com/tx/75ce8097235371c34e74f561328697572041524f8d4866dad28ce2bed8c9727e
Yeuph  |  https://.net/block/index.php?h=F7E4BEDFCFBF8DE9FDEA3B4453BAF2EB44BA747A500243F6E07AFE4AC463A90A
w********t  |  https://raiblocks.net/block/index.php?h=1A9B255828BE09BE6F242ECD0E5D0FA8F048449FF922DA8A46BB835D9BA3D985
Mucamo_35  |  B2C4F2BD8A55CD97D05EBEF172EEF025C4F534EB0FBBBB2A9A7148842D91F405
familytaxi  |  https://eth
erscan.io/tx/0xf3db27e8946c6c2cbb1632a1585d9f6d2e79bde9de4591f63c91577344f1a430
user113  |  https://raiblocks.net/block/index.php?h=3BEFAB6A5A7BA1D82FE7516961B789B710FCAEBB9D283BDDA75E2533AD3B0F82
yeahsurewhynot  |  0xc2c19864a6388444932c4c511a5a77df714cf792dbd64eb7ae2982ee650cdde9
romiyo  |  https://etherscan.io/tx/0xbea32950b079d4d388e15fefa91c20f0923e1c322462dca15d3ff0884d46fb33
Whatismouse  |  https://etherscan.io/tx/0x59ef8d9acee66afe7cdae59bde2b53109a80a96b6124cf4e814ce2921013da41
prady  |  https://live.blockcypher.com/btc/tx/58feff834f2d1ff37406a48c15bfcecdc3e05f7b4f61d5ec40690439b49b1e64
njoroge  |  https://etherscan.io/tx/0xec1e726d7be2af8a0f219055eed2fbb9fc96bf1855723e11571ff9e6f121b14b
mcall  |  https://blockchain.info/tx/b6e49af48a0ede62caa16a5d0761474fbfc2acb0c5f20435f4467facdaa0da40
w***t  |  1A9B255828BE09BE6F242ECD0E5D0FA8F048449FF922DA8A46BB835D9BA3D985
Mucamo_35  |  https://raiblocks.net/block/index.php?h=B2C4F2BD8A55CD97D05EBEF172EEF025C4F534EB0FBBBB2A9A7148842D91F405
familytaxi  |  https://etherscan.io/tx/0xf3db27e8946c6c2cbb1632a1585d9f6d2e79bde9de4591f63c91577344f1a430
intellectius  |  https://raiblocks.net/block/index.php?h=6A6570D3C3A1988F3366C922DDE8DB07A447C109C1DE746B2B589FAED552D5B6
user113  |  https://raiblocks.net/block/index.php?h=3BEFAB6A5A7BA1D82FE7516961B789B710FCAEBB9D283BDDA75E2533AD3B0F82
Franke12  |  pending.
CryptoBolton  |  https://blockchain.info/tx/fd75402388593dfe1ca9b1f790de805a93b5976c9e25418a1c55a00eae6ce17e
slipstream4  |  pending.
MsCollec  |  b6be6beb305594091d82336b0533239410088f980c6569dfe3977e3146a1aa5b
Twizzwozz  |  https://raiblocks.net/block/index.php?h=5F9AFF31FADD014B4CE54F4C4258DEF4DC74DEE5796CB96BC88418C7FD77B44D
Yeuph  |  https://raiblocks.net/block/index.php?h=F7E4BEDFCFBF8DE9FDEA3B4453BAF2EB44BA747A500243F6E07AFE4AC463A90A
pararius  |  e87cbaf2da399f0133def2fd903a57116f98ed1a43f515e157fa4eded2a4927e
wjtliso  |  https://raiblocks.net/block/index.php?h=B7A84753CABC4E3B72BFCD924D71E56A48AB018C4C4874D84F8424AA24E548FC
Shir_man  |  https://raiblocks.net/block/index.php?h=2F831E8E4657D7424D4D44A10AB66A751CFB9D8ED1101AD317F3C1E852231996
LamboCalrissian  |  https://blockchain.info/tx/d31290001702b25440505a7e620e163231be6e8fea4519138cd9d14a054105f6
Xpommy  |  0xcdbe693d4a0cab5a4d66bbd25cece1855498800723285f76ade4e035ce69221f
kattifnatt  |  https://etherscan.io/tx/0xec1e726d7be2af8a0f219055eed2fbb9fc96bf1855723e11571ff9e6f121b14b
alikhokhar  |  https://blockchain.info/tx/1b1da1cf2ce13bfcdf235565b425344f80e7aa741c2cbf1ccd376d0c93ecd7f1
Bonobo  |  0xe291b862bdcb58c38fcde872ab0772557a233ad7951d656f1f3507acd1d6fd27
tonyskulk  |  https://etherscan.io/tx/0xcdbe693d4a0cab5a4d66bbd25cece1855498800723285f76ade4e035ce69221f
searstream1  |  https://raiblocks.net/block/index.php?h=7350F1261F6D959886DCF0B28983559D64C9036B0B183A9F14690A86962C3CD2
fossie  |  https://blockchain.info/tx/acf67c93fb01ad89fc79e64167d51fb7cda2b2f205ed5ff53f6ffb8712b28bc2
testanova  |  0xd16509c238c8b752d1051604724690d26d01e4d0fa9a294c8a3dbc08e2ce7bd9
rdnkjdi  |  https://blockchain.info/tx/916f9e928ccb33fd1d7f7428f9e2c45970557abfa60a28c3ae538c8165612451
The Shogun  |  https://raiblocks.net/block/index.php?h=8A28E58199296726C4A18F5AB83DEC121C82A9777BF6CCC2BF090F069B818546
m4tth3w  |  https://blockchain.info/tx/e820e65c910736cf144ccc48f80f0aa1538e310b39765ecc513b4d02044ab50d
ubat  |  https://etherscan.io/tx/0xe291b862bdcb58c38fcde872ab0772557a233ad7951d656f1f3507acd1d6fd27
user113  |  https://raiblocks.net/block/index.php?h=3BEFAB6A5A7BA1D82FE7516961B789B710FCAEBB9D283BDDA75E2533AD3B0F82
choooze  |  https://raiblocks.net/block/index.php?h=E60624CB3D3ECF9FEF3F03C0E08DFE755C325BCB58061B6678D8897BE5BA9F0B
ruupo13  |  https://raiblocks.net/block/index.php?h=55AA7CFBCDB60B290C969A3103AAA92D0D7FC75DE4CDC3FDB0ABBAB9F3E0941B
Carlogsan  |  https://moneroexplorer.com/tx/e5a3c72468aa6fc23456f02106b55595b45b1cb23cbfd570bbe4ffe5ac5d5c69
nfowesta  |  9sWIQ5fOC11hoMG7iPYKVIJsbfKqloRpWnKxHedQHEFNZrsCctJxV6ioL3kEsWQ4l6SJ
alikhokhar  |  https://blockchain.info/tx/1b1da1cf2ce13bfcdf235565b425344f80e7aa741c2cbf1ccd376d0c93ecd7f1
stonestonestone  |  https://blockchain.info/tx/94d321817f9f0cc7bac784c8873e8ee8a8a31fb165b22886aeb326efe566b6fd
jonnycrypto  |  https://etherscan.io/tx/0xdb5fbc010c80d6ffdae787601f42141cb4982fc7c0477178e42e36821f2053b6
Frank Worsley  |  F62F692EFEB2D6AD6F802F5D143775B8206CDB02EBB6F967243166BAD3676EA7
MrTiesco  |  https://raiblocks.net/block/index.php?h=1DB993D84E7E17851567ADABC117E1B105A1A5043F092DBBF5BB35B1AC575C28
NMIQ  |  https://etherscan.io/tx/0x2410f7b5693248bbe3ec3dbbf8bb9016f6f681b4dfce0e28952416eded6bbab4
cryptojax |  https://etherscan.io/tx/0xfe8455dfdacd38b92c5d51bbf7c6449cea697bc6a2de04932135fafc6f4f3cd3
ruupo13  |  https://raiblocks.net/block/index.php?h=55AA7CFBCDB60B290C969A3103AAA92D0D7FC75DE4CDC3FDB0ABBAB9F3E0941B
al_an  |  please pm tx.
bullshit667  |  http://etherscan.io//tx/0x67568a80f279a36ab4c139af9bced3deb1ecf890c580b2c8ac355b13528dada7
Sindbad  |  0x390bfe7c6b484e32c1a05d0b7bfd89d58dcb8207df0223713f7fa0159e1e713b
Garethegood  |  https://blockchain.info/tx/53eff7617942566f04ce0cc65f5016026355668cfbca724f6f821633f5989557
MrTiesco  |  https://raiblocks.net/block/index.php?h=1DB993D84E7E17851567ADABC117E1B105A1A5043F092DBBF5BB35B1AC575C28
krznW5T6  |  https://raiblocks.net/block/index.php?h=396ACFF9A5E8EBFA9E1823FDBF3E7436F44562EA08CFAC6335319DB119382318
diab0lus  |  https://etherscan.io/tx/0xc0b74b44eee8c59a77039d5712328ef790edb3016b21359d6e1064d5b98e8c00
al_an  |  https://etherscan.io/tx/0x6f23e8549771bc7a1dd9ddfebbeb47485cd2ab7b48be371a12f5441351cf4b2d
diab0lus  |  https://etherscan.io/tx/0xc0b74b44eee8c59a77039d5712328ef790edb3016b21359d6e1064d5b98e8c00

**Next user batch to be added 15th Jan 2018**







Code:
**Testnet-trials Participation List**
Mate2Mate
PerfectCoinSeeker
no_advance
njoroge
Bamauth
bitcoinuserz
w******t
Nomad_1
Mucamo_35
hoolio
Mckonery


Please note, this announcement thread is a pre-ann and is not complete, i will update as the project progresses.






References:
RaiBlocks Announcement: https://bitcointalk.org/index.php?topic=1381323.0
RaiBlocks whitepaper: https://raiblocks.net/media/RaiBlocks_Whitepaper.pdf
zkSNARKs: https://blog.ethereum.org/2016/12/05/zksnarks-in-a-nutshell/
Bitcoin: https://bitcoin.org/bitcoin.pdf
DAG: https://en.wikipedia.org/wiki/Transitive_reduction
Hey, did you like my suggestion?
I sent it in your private and here in the topic page 14, please inform me if you liked it or not Huh
20  Alternate cryptocurrencies / Altcoin Discussion / Re: RaiBlocks is NOT secure on: January 11, 2018, 07:52:59 PM
Why RaiBlocks is not secure.

In this article I will try to explain why RaiBlocks is not secure and why its technology is any better neither comparable than the Bitcoin technology.

1. Decentralized payments
Decentralized payment networks are, in opposite of centralized payment network like banks, a way to secure your money without having the risk that a central authority could steal your money or manipulate the money in the market. Decentralized payment networks use asymmetric cryptography to ensure that you are the only one who can spend your money.
When you create a cryptocurrency wallet you are given a public key and a private key. The public key allows other people to send you money, while the private key allows you to spend them. 

But how other users know how many money do you have?
To accomplish this, every user of a decentralized payment network must download the entire transaction database which is replicated on the entire network. When you send a payment over the network, it is received by all the users connected on the network allowing them to know your updated wallet balance and allowing them to discard that payment if you don’t own enough funds.

2. Double Spending
The main problem that afflicts decentralized payment networks is double spending: the ability of an user to spend his money multiple times. In the real world, when you pay someone you give him the real cash. In a centralized payment network, like VISA, the central database is updated every time you make a payment, and they will not allow you to spend more money than your balance.
In a decentralized payment network what happens if you send the same amount of money on two users of the network in the same time? Since their database takes time to update for a small amount of time they both will receive the payment and accept it. In a later moment, when the network tells them that you double spent your money, they will cancel the payment, this is possible because every payment is broadcasted to the entire network, not only the receiver.
Without any other security layer, if a malicious user double spends his money and succeeds to block a payment receiver to know that he sent the same money to someone else (or even better, to another wallet of his own), the payment receiver will accept the payment and ship the good. This is so bad, since even a network connection problem could temporarily lead a payment receiver to undetect double spendings.

3. The Bitcoin Solution
To solve this problem, Bitcoin relays on the fact that after you receive a payment you need to wait a confirmation block, the confirmation block tells you that the payment you have received has been accepted by the entire network and you are allowed to spend it. To create a confirmation block, the miners create a list of all the pending unconfirmed transactions and solve a very difficult mathematical puzzle. The miner who solves the puzzle first, sends the block he found with all the list of confirmed transaction and the solved puzzle to the network, the users of the network will check if the puzzle solution is valid and then reward him with some free coins plus the sum of all the payment fees of each transaction in the block. The miners must create a valid list of payments to be accepted by the network, so double spend attempts are just discarded.

In Bitcoin an attacker,  to make a succesful double spending, should not just stop you from receiving a double spend attempt message, but he should also solve the puzzle to create a confirmation block in a reasonable time frame. Currently solving that puzzle with a single computer would take years; at writing time to solve that puzzle a network of thousands dedicated hardware is used, an attacker would require a billionaire investment to replicate that network. Moreover, it would not only need to create one confirmation block but six of them (6 confirmation blocks are required in the Bitcoin network to trust a payment).

Critics of Bitcoin say that all the computation power used to make the Bitcoin network secure is just a waste of energy because there are other reliable and better technologies. Is that true?

4. What is RaiBlocks?
RaiBlocks is a crypto currency that advertises itself as a fast, fee-less and secure currency, unlikely Bitcoin which is currently slow and high-fee (usually requires 1 hour to a full payment confirmation).
But the key point is that Bitcoin has been made that way to guarantee his users a certain amount of security to prevent double spendings.
 
RaiBlocks completely ignores the Bitcoin technology and relies on a special version of the Proof Of Stake concept.
When you receive a payment in the RaiBlocks network you have to wait a certain amount of time to be sure that a double spending has not been attempted (and remember the first problem, if an attacker stops you from receiving the double spend you would never know!)
When a double spent is detected, the RaiBlocks network starts a vote. Every peer connected to the network vote to accept the payment A or payment B; every user vote is weighted with the amount of his balance. Usually each peer votes for the first transaction he receives. The transaction which the sum of votes reaches the 51% of online amount of currency wins. The winning transaction is accepted by the network and the other one is discarded. (Reference https://github.com/clemahieu/RaiBlocks/wiki/Double-spending-and-confirmation)

The payment receiver, if his network has not been compromised, will then know if he can trust the payment or not, and will ship the good accordingly. This system leads to an unsolvable problem.

5. The Man in the Middle attack.

If an attacker succeeds to put himself between a merchant and the RaiBlocks network he can just filter the double spending payment packets, and the merchant will never know that he is receiving a double spending. The Raiblocks network will discard that payment while the merchant will accept it.



6. Solutions proposed by the RaiBlocks team

a) The merchant should ask a vote for each payment he receives and wait for the confirmation.
The problem is that the attacker could manipulate the vote by telling the merchant that only his peers are connected to the network thus he will win the vote by filtering only his votes. Plus, asking a vote for each payment would cause a huge increment of bandwidth usage that many peers could not handle.

b) The merchant should have a remote node verifying the payment.
The attacker could just attack that network too.

c) The merchant should ask the RaiBlocks.net website if the payment has been accepted.
The attacker can hack the RaiBlocks.net website. Also if you have to rely on a website you can no longer consider RaiBlocks a decentralized network.

Other solutions

1) A payment to be accepted should require a vote with a minimum weight quorum.
It's difficult to establish a correct quorum, and if that quorum is offline no payments will be processed.

2) A payment need to be accepted by some trusted representatives.
This will stop the network on being decentralized. Also, if those representatives are offline the payments are not processed.

7. Why Bitcoin is not vulnerable to this type of attack
Simply because an attacker, to be trusted by a merchant, would require to solve a very difficult puzzle for six times. An attacker cannot alter the difficulty of that puzzle.

8. Other observations

a) RaiBlocks is just Bitcoins without the Bitcoin securing algorithm. The creator of Bitcoin, Satoshi Nakamoto, describes the double spending problem in the original Bitcoin paper: https://Bitcoin.org/Bitcoin.pdf. The developer of RaiBlocks just thinks to solve the problem by ignoring the problem.

b) The official representatives of the RaiBlocks network own more than 52% of total voting weight, allowing the developer to manipulate every vote on his will.
Source: https://dev.RaiBlocks.net/page/representatives.php


9. References
https://RaiBlocks.net/media/RaiBlocks_Whitepaper__English.pdf
https://github.com/clemahieu/RaiBlocks/wiki/Double-spending-and-confirmation
In fact, currencies based on DAG technology have a problem in decentralizing the network and distributing the coins, ie there is no incentive for people to run full nodes, but RaiBlocks was the best on this issue (they could have done better, but it was a good solution, just need a bigger network now)

Recently I found a PRE-ANN of Stone
I do not know if it's a scam ...
But they can solve this problem
only you do not have any code yet...
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