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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities! on: July 11, 2019, 09:19:31 AM
Are you going to list DUSK to ETHFinex only or to other good exchange a well? What about Huobi? They have Fast track program now, and projects which win this will be listed to Huobi.

Also Bitfinex and probably Binance in the future, they just need to sustain the current volume and ez listing.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities! on: May 16, 2019, 08:51:54 AM
The rumours were true! Check this tweet made by the CTO of Bitfinex: https://twitter.com/paoloardoino/status/1128207377705177088. If you search the added pdf for "dusk" and you will find it!

Holy shit! This is huge! And tbh, i don't think that the good news even stop on this when you look at all the advisors on the board. They must be there for a reason.

I know right I feel like they're pushing a lot of big things behind the scenes, also explains the delay for the listing. First you build a solid foundation and then you list, not the other way around which 95% of the projects do. However, I hope they increase the marketing efforts soon,

If it's true which more likely seems to be then it will have a huge impact on DUSK when it will launch on the exchanges.
I agree they have the right approach.

It is true, make sure to check out their Telegram channel, Emanuele answered a decent amount of questions about it like this one: https://t.me/DuskNetwork/50362. Personally I feel like this partnership they have extends way further than just a listing, with Duskfinex Dusk will actually continously receive funding, which is why I really think they will become the "ethereum" of digital securities.

what is Duskfinex? Is it some kind of another exchange built by Dusk and bitfinex?
DUSK will have a huge impact on the STO market.

Bitfinex released an updated whitepaper regarding their LEO sale which contains some information about DuskFinex
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities! on: May 15, 2019, 02:40:36 PM
The rumours were true! Check this tweet made by the CTO of Bitfinex: https://twitter.com/paoloardoino/status/1128207377705177088. If you search the added pdf for "dusk" and you will find it!

Holy shit! This is huge! And tbh, i don't think that the good news even stop on this when you look at all the advisors on the board. They must be there for a reason.

I know right I feel like they're pushing a lot of big things behind the scenes, also explains the delay for the listing. First you build a solid foundation and then you list, not the other way around which 95% of the projects do. However, I hope they increase the marketing efforts soon,

If it's true which more likely seems to be then it will have a huge impact on DUSK when it will launch on the exchanges.
I agree they have the right approach.

It is true, make sure to check out their Telegram channel, Emanuele answered a decent amount of questions about it like this one: https://t.me/DuskNetwork/50362. Personally I feel like this partnership they have extends way further than just a listing, with Duskfinex Dusk will actually continously receive funding, which is why I really think they will become the "ethereum" of digital securities.
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities! on: May 15, 2019, 08:54:46 AM
The rumours were true! Check this tweet made by the CTO of Bitfinex: https://twitter.com/paoloardoino/status/1128207377705177088. If you search the added pdf for "dusk" and you will find it!

Holy shit! This is huge! And tbh, i don't think that the good news even stop on this when you look at all the advisors on the board. They must be there for a reason.

I know right I feel like they're pushing a lot of big things behind the scenes, also explains the delay for the listing. First you build a solid foundation and then you list, not the other way around which 95% of the projects do. However, I hope they increase the marketing efforts soon,
5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities! on: May 14, 2019, 04:05:30 PM
Now that the testnet launch is imminent and Bitfinex is having some legal troubles how this situation will affect DUSK?
what is the relationship between DUSK and Bitfinex?
I see on the website that DUSK itself partners with Bitfinex but what do they both work? some communities worry about it

Dusk held an IEO on Bitfinex late last year and there is reason to believe that Dusk will be involved in the new licensed & regulated security exchange that Bitfinex is building (Source)

Apart from doing a limited IEO they will be listed on Bitfinex and Ethfinex when they launch their testnet to the public.

The rumours were true! Check this tweet made by the CTO of Bitfinex: https://twitter.com/paoloardoino/status/1128207377705177088. If you search the added pdf for "dusk" and you will find it!
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities! on: May 10, 2019, 10:28:34 AM
Now that the testnet launch is imminent and Bitfinex is having some legal troubles how this situation will affect DUSK?
what is the relationship between DUSK and Bitfinex?
I see on the website that DUSK itself partners with Bitfinex but what do they both work? some communities worry about it

Dusk held an IEO on Bitfinex late last year and there is reason to believe that Dusk will be involved in the new licensed & regulated security exchange that Bitfinex is building (Source)
7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Security tokens, privatechain, Bitfinex! on: December 21, 2018, 12:58:00 PM
Are you going to have a partnership with MOBU project? They developing platform for security tokens as I know and you creating blockchain for security tokens. May be this would be nice to collaborate with them?

They are partnered with AmaZix so the project is going to fail anyways. Dusk should stay far away from them. AmaZix = poison!
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Security tokens, privatechain, Bitfinex! on: November 19, 2018, 11:11:55 AM
Good points in Ivan's video about proof-of-work being a dead end, just look at the Bitcoin Cash mining hash wars going on right now, and proof-of-stake not being confidential, pointing out the necessity of an alternative consensus algorithm for the future of crypto.

That said there have been a lot of coins with made-up novelty consensus algorithms like proof-of-love, as well as permissioned, centralized ones such as proof-of-authority. It remains to be seen how effective DUSK's take on this will turn out in practice.

By the way, here is list of 29 consensus algorithms https://hackernoon.com/consensuspedia-an-encyclopedia-of-29-consensus-algorithms-e9c4b4b7d08f

I agree that PoW is dead end but right now it's the most secure one regarding Bitcoin. My favourite one is DPoS but it can end up like Lisk (dlegates' cartel owning the network) or EOS (more or less same as Lisk)
EOS every day is becoming more and more popular, recently I saw ICO project - EOS Exchange. This can be promising investment, there was time when ETH cost $6.
I'm really curious about the ICO - EOS Exchange project. Please give me a summary or a link to where I can learn about this. Thank you.


Lolz this shilling attempt #fail
9  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 24, 2018, 02:34:07 PM
Partnership with Bitfinex will turn a lot of heads towards DUSK. Too bad there isn't any ICO. Need to wait till it hit the exchange.

Bitfinex is a big exchange but can you name recent ICO listings on the platform that has helped the price because I can't name one, Bitfinex is wallowing in the FUD surrounding Tether, even if you looked at the Ethfinex platform the trading volume there is very low, just hope the exchange is not losing ground with its competitors

Not that many ICO's are listing on Bitfinex anyways. I thought Bitfinex made a public statement about the Tether FUD?
10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 24, 2018, 11:53:30 AM
So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

Nice news, i can say there are not going to be much problems to reach the soft cap now. This also gives more legitimacy to the project if anybody had any doubt, as you can never be sure these days  Cool

Having a strategic arrangement from a reputable exchange such as Bitfinex to be an investor and an official exchange is seldom seen in crypto world. I suppose Bitfinex was attracted by DUSK's immense potential as a blockchain platform.
Indeed I'm surprise by the news. That gives a lot of trust to the project because this kind of movements are not very common.

I want to say I'm not really suprised due to the experienced team but you never know. Right now just happy I was able to invest in them Cheesy
11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 24, 2018, 11:17:06 AM

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI

That's great news! Looking at the state of the market, it's pretty awesome what the Dusk team managed to achieve so far.

I am sure they'll be able to fill their hardcap. Bitfinex is a great achievement. Not many projects are getting their funding together is this market. Even Bitfinex is sold about Dusk, other VC's who were still on the edge of investing will definitely make their move now. I'm looking forward to their announcement regarding the partnership. I got the feeling their partnership is much more than just a listing and an investment.
12  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 24, 2018, 10:36:47 AM
Make sure you check in to Jelle speaking live!

https://twitter.com/DuskFoundation/status/1054798874865483776
Wow, thanks for sharing, tell me where this event takes place? Live performances help to better understand the concept of the project.
well a live event i think i'll watch it even although late, in fact i also think helps a lot  to better understand the various concepts,strategies, mechanisms of the project

But what's important here is the fact they're partnering up with Bitfinex which grands them a free listing as well as Bitfinex investing in Dusk. If you prefer a visual presentation I recommend watching the AMA they did with Crypto Fairy.

Part 1; https://www.youtube.com/watch?v=_eNwlWArqBY

Part 2; https://www.youtube.com/watch?v=DZ2Y0cWnWQI
13  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 23, 2018, 06:47:22 PM
So Bitfinex will list Dusk for free and they even invested in them? This was hinted at in one of their articles.

"Conclude agreements with one of the world’s leading exchanges, who we will now be able to accommodate as a private sale contributor and partner as well as secure a free listing."


Source; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f
14  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 23, 2018, 10:42:33 AM
A nice Dutch review of Dusk Network that has just been released!

If you are from Holland, Belgium or speak Dutch, check out the following link:

https://cryptobenelux.com/2018/10/21/dusk-network-ico-review/

Or use a translation website. Often machine translation generates an unreadable mess but this translated review is quite readable. The review explains the rationale behind DUSK and what makes DUSK stand out in the current crypto landscape.

Good point, didn't think about translating it as I'm able to read Dutch. I could possibly post the translated article here in English. It contains a few very good reason to why Dusk is more suitable for launching STO's compared to a few of its competitors.
15  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 23, 2018, 09:43:42 AM
A nice Dutch review of Dusk Network that has just been released!

If you are from Holland, Belgium or speak Dutch, check out the following link:

https://cryptobenelux.com/2018/10/21/dusk-network-ico-review/
16  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 10, 2018, 10:57:34 AM
Have any measurements been taking to prevent dumping after bonus release?

Yes, we are mainly looking for people who share the same longterm vision as we do. We have also removed any bonusses and implented a state of the art vesting system; Second-by-Second (SbS) vesting.

SbS works as follows;
We will deploy a smart contract which will vest allocations second by second. What this means in practice is that at any point a token investor wanted to release their tokens, they can make a call on the smart contract and then will have access to the total number of tokens that will have vested at that second.

As an example: after the lockup, tokens will be vested over 31,536,000 seconds (365 days x 24 hours x 60 minutes x 60 seconds). If they did it at exactly 6 months, they would receive half. If they did it at 1 day, then 10 days, then 57 days, and then every 3 weeks; they would receive the relevant whole tokens (rounded down) at each specific second.

So if I hold tru the full 12 months I will have my full amount of tokens?
17  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 10, 2018, 09:02:54 AM
Have any measurements been taking to prevent dumping after bonus release?
18  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 03, 2018, 09:56:13 AM
Why don't you build on top of Ethereum? Other projects did so and that worked out well. Building your own blockchain takes a lot of time and effort, which could then be spent on other things like marketing.

Ethereum offers no ledger privacy apart from zk-SNARKS (which is reliant on a trusted setup which needs to run at any configuration change). This basically forces issuers to avail of off-chain solutions which is very expensive and defeats the purpose of 1) decentralization 2) common task automation 3) streamline legal process 4) performances (as trading restriction needs to be arbitrated all the time through third party smart contracts, rather than being embedded at protocol level). So, to be able to meet the requirements of STOs, Ethereum needs third party platforms (like Polymath, Harbor, etc etc) which are basically application-level smart contracts, which resort mostly to off-chain processing, with no exception.

This is also because these platforms have absolutely no say at the protocol level and must adapt to what it is available to them. In that respect, they have a very limited control on the confidentiality level (and in fact they resort almost always to suboptimal off-chain solutions - see for example Harbor, Polymath or even Securitize) and are bound to biblical release time for anything that revolves around NFRs (Non Functional Requirements, such as, for instance, scalability, security, resource management, network configurations, SLAs, etc etc) since Ethereum must scale GLOBALLY all the propositions (meaning smart contracts or set of smart contracts).

Dusk is NOT a general purpose smart contract platform.
It is extremely focused on the use cases it intends to unlock and as a result it can be very specific in the strategies it adopts to scale and satisfy the NFRs of the use cases at hand.

It basically focuses on providing the right confidentiality in the 3 different scenario that render the platform a true network:
1 - Unidirectional atomic transfer of value (basically, payments)
2 - Bidirectional atomic exchange of value (transfer of asset ownership - securities fall in this category)
3 - Time unbound exchange of value (transmission of data stream - such as audiovisual conferencing, content streaming, etc)

We are gonna rollout sequentially the three layers of the network, which will each unlock one of these 3 parts
However we believe that 2 is the most critical as it taps into a market which potential is in the Trillions of Euros
Since we are heavily partial for this particular use case, it is very logical that we adjust the protocol to satisfy all the regulations (and not, like in the cases above, adjust the application layer to workaround the protocol limitations)

To give you an example of what we can do on Dusk which would be unthinkable in Ethereum please consider the following feature.

Dusk decouples the (centralized) KYC/AML vendor process from the (decentralized) security issuance and transaction arbitration with the aid of time-locked accumulators. Cryptographic accumulators are ideal for implementing zero-knowledge white/black listing accreditation of (un-)compliant investors and automated accreditation. Also, expiry mechanism can be added for forcing rechecks. It roughly works in the following way: as soon as the KYC/AML process completes, the transactor identifier (basically his registered wallet address, but it can also be something else, i.e. biometric data, etc) is committed to the accumulator, which remains opaque and discloses nothing of its set. A witness (called compliance witness) is thus generated and returned to the applicant. Such witness is the proof of set inclusion. From that point on, all transactions related to that particular asset class (token) must include the compliance witness. Since the info is directly added as payload of our own (improved) version of bulletproof transactions, the need for open data inspection on transaction clearance is therefore removed. The accumulator is stored on-chain (as it basically is just a number) and recheck forcing can happen through a removal operation which activation can be coded trustlessly and can be as simple as a periodic expiry or by encoding more sophisticated rules through a (zk-)smart contract.
Dusk will host the accumulators directly ON CHAIN, since it is line with our strategy to handle scenario nr. 2 of the above list

Ethereum would never do such a thing considering that it would not make sense to store a data structure on chain that is specific for a tiny fraction of its applications (i.e. Polymath and Harbor) and would be completely useless for, say, propositions such as Omisego, Kyber, Basic Attention Token, Bancor, Status, Civic, Aragon, etc etc.

This means that the applications would have to battle against the Ethereum protocol (i.e. move an eventual accumulator off-chain to the detriment of decentralization).

This would have nefarious consequences for scalability as well, considering that these proposition must resort to  continuously calling smart contracts in order to arbitrate the transaction operations (to the detriment of both performance and privacy), while Dusk is in the liberty of enriching the transaction directly with zero knowledge data from the transactors (the compliance witness), leaving absolute liberty over which vendor the issuer wants to rely upon and keeping the centralized compliance-related operations (like for instance KYC/AML) separated from the transaction stream.


Oh wow, thanks for the insane reply.
19  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Private-sale] |DUSK Network| Fast, Anonymous, Secure Transmission of Data! on: October 03, 2018, 09:21:50 AM
Why don't you build on top of Ethereum? Other projects did so and that worked out well. Building your own blockchain takes a lot of time and effort, which could then be spent on other things like marketing.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: [discussion]A new form of consensus on: August 07, 2018, 11:16:28 AM
What TPS could this reach?

More than TPS, which is a meaningless measure when in presence of an adaptive block size, it makes more sense to speak about throughput. Early experimentation shows that it can achieve extreme throughput by propagating block and block hashes separately (and worry about consistency later, as reconciliation would be indeed a separate matter). In this case it would not be excluded a throughput roughly 10^2 that of Bitcoin.
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