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Author Topic: Cryptix Your Digital Currency for the Future Launch Now !!!  (Read 2225 times)
HoosatNetwork
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November 16, 2025, 12:47:53 PM
 #81

It's fake DEX and Cryptis has control of your coins there because of 3 in 1 signatures. Real DEX would not need more than 2 in 1 signatures. More explained in the following post: https://medium.com/@toni.lukkaroinen/the-deceptions-behind-cryptix-dex-a20764a5246d
Cryptix-Network (OP)
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November 17, 2025, 05:08:07 PM
Last edit: November 17, 2025, 05:22:20 PM by Cryptix-Network
 #82

Don’t talk nonsense. The DEX cannot move coins and has no control over coins because it’s multisignature. It even transparently shows the data for every listing. You can clearly see that it’s multisig. And no, the DEX code is not open-source. Why? Because it uses the normal wallet daemon — the standard file, which is open-source. But you didn’t understand that, because you’re unable to understand the system due to incompetence.

Why are there 2-of-2 and 2-of-3 multisigs?
Very simple: to protect the user.

What if someone pays and the seller sends their coins away because they alone have control? Then the buyer gets scammed. Or what if someone claims they paid and marks it as paid, but it wasn’t true? Then buyer and seller don’t agree. In that case, the seller’s coins would be stuck forever. That’s why the DEX must have a vote in case of dispute.

So when creating an offer, there is a 2-of-2 signature system. And as soon as a buyer joins, it becomes a 2-of-3 system. The DEX itself can never move the coins. And even the final transactions are signed and broadcast by the users themselves. The DEX does nothing as long as buyer and seller agree. In a dispute, the DEX can check whether a payment was actually made. That’s all. It’s a well-designed system to protect users.

As I see it, thinking that far ahead is beyond your scope. But you call yourself a crypto developer.

Because the DEX does not hold user coins and cannot control them, it is a DEX. Do you even know what a DEX is?

I’d say you, crypto blogger, should do your homework and use better AIs to update your crypto knowledge. What you’re doing harms your cryptocurrency because you constantly show how incompetent you are and how little you actually understand. You're just as much of a crypto developer as your Russian script kiddies like your HTN Var on the team. You call them developers too, even though they haven't even programmed a calendar.
ptaank
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November 17, 2025, 05:28:46 PM
 #83

It's fake DEX and Cryptis has control of your coins there because of 3 in 1 signatures. Real DEX would not need more than 2 in 1 signatures. More explained in the following post: https://medium.com/@toni.lukkaroinen/the-deceptions-behind-cryptix-dex-a20764a5246d

I’ve tested the DEX myself and it’s working perfectly — stop spreading nonsense. This isn’t just another crypto project; this is literally the first time in crypto history that a fully functional DEX has been built directly on a BlockDAG Layer-1. What everyone else said was impossible, the Cryptix dev actually made real. Massive respect — this is groundbreaking work
HoosatNetwork
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November 17, 2025, 07:12:34 PM
 #84

It's fake DEX and Cryptis has control of your coins there because of 3 in 1 signatures. Real DEX would not need more than 2 in 1 signatures. More explained in the following post: https://medium.com/@toni.lukkaroinen/the-deceptions-behind-cryptix-dex-a20764a5246d

I’ve tested the DEX myself and it’s working perfectly — stop spreading nonsense. This isn’t just another crypto project; this is literally the first time in crypto history that a fully functional DEX has been built directly on a BlockDAG Layer-1. What everyone else said was impossible, the Cryptix dev actually made real. Massive respect — this is groundbreaking work

Nothing says it's not working, it says it has a way for Cryptis to scam the DEX users.
Cryptix-Network (OP)
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November 17, 2025, 08:33:05 PM
 #85

It's fake DEX and Cryptis has control of your coins there because of 3 in 1 signatures. Real DEX would not need more than 2 in 1 signatures. More explained in the following post: https://medium.com/@toni.lukkaroinen/the-deceptions-behind-cryptix-dex-a20764a5246d

I’ve tested the DEX myself and it’s working perfectly — stop spreading nonsense. This isn’t just another crypto project; this is literally the first time in crypto history that a fully functional DEX has been built directly on a BlockDAG Layer-1. What everyone else said was impossible, the Cryptix dev actually made real. Massive respect — this is groundbreaking work

Nothing says it's not working, it says it has a way for Cryptis to scam the DEX users.

How could the DEX scam if it only has one signature and can never move the coins? Can't you do basic math?

2 of 2 means 2 multisignatures. 2 of 3 also means 2 signatures.

The DEX has one signature, but 1 + 1 = 2. Can't you really do that much math? Just ask your AI; it'll calculate 1 + 1 for you.

Go bother someone else and mind your own business with your shitty coin. And go scam more users with market manipulation using your "developers." They've never even programmed.
FreshEgg95
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November 18, 2025, 03:58:35 AM
 #86

I'll look into the FUD surrounding the Hoosat Network.
FreshEgg95
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November 18, 2025, 05:13:52 AM
 #87

I checked Hoosat's claims, but they don't appear to be accurate. In fact, he's mixing in completely unrelated FUD elements. The narrative lacks consistency—it's like he's describing a hallucinatory landscape.
He's clearly ill. He's been expelled from the Kaspa community and has caused trouble with various other projects. It's time for him to quit. And he should definitely go get a medical checkup.

I may have written this before, but both Solana and Kaspa were once subjected to such unreasonable FUD. Yet these projects persevered with development over the years, and now they've risen to become leading names in the cryptocurrency world.
I'm fundamentally not on anyone's side and remain neutral in my stance. However, projects that conduct development thoroughly do pique my interest (since there are very few other serious projects like this).
red12345678
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November 25, 2025, 09:00:57 AM
 #88

Do you know:

Cryptix Network is a next-generation BlockDAG Layer-1 that brings Bitcoin-grade security, Kaspa-level speed, and Ethereum/Solana-level smart contract capability — all on the base layer without a virtual machine.
It is one of the first BlockDAG chains to achieve deterministic L1 smart contracts, functional DEX logic, and scalable UTXO-based state transitions — something no other BlockDAG project has successfully implemented.

What Makes Cryptix Unique
1. Deterministic L1 Smart Contracts (No EVM, No VM Attacks)
A completely new, Rust-based contract engine:
Deterministic state transitions
Built directly on UTXO + BlockDAG
This allows tokens (CX-20), NFTs, staking, DAOs, multisig, auctions, AMMs, and on-chain marketplaces to run at native protocol speed.
Cryptix is among the first projects in crypto history to implement functional L1 smart contracts on a BlockDAG even before Kaspa.

2. 1-Second Block Time + Massively Parallel Execution
Cryptix achieves:
1-second block generation
Parallel DAG confirmations
Horizontal scaling: more miners = more TPS
No mempool congestion
No global state bloat
Unlike Ethereum/Solana, transactions don’t fight over blockspace — they execute in parallel.
At scale, Cryptix can reach hundreds of thousands to millions of TPS depending on miner count.

3. Fair, Transparent, Truly Decentralized Design
No premine
No VC allocation
No dev-tax
Fully open-source Rust code
Simple CPU-friendly mining (Blake3)
Lightweight nodes & instant sync
Cryptix follows Bitcoin’s philosophy, but modernized for scalability and smart contract utility.

4. Token Ecosystem with Integrated DEX Support
Cryptix provides:
CX-20 fungible token standard
Mineable token standard (SHA3 or Blake3)
Built-in DEX logic on L1
Atomic swaps
Stablecoin vaults
AMM pools
Multisig, DAO voting, lotteries, identity, NameService — all at L1 speed
Token deployment fee is under 1 cent — far cheaper and faster than Solana/Ethereum.

Currently the Tokens will be listed directly on Exbitron, which already agreed to support the standard.

5. Ultra-Light Infrastructure + Rich Tooling
New explorer system
RPC & socket-based contract interaction
Wallet auto-selector for contract calls
1-second finality for tokens, NFTs, DAO votes, staking payouts
Plug-and-play explorer & wallet for token creators
Even mining tokens auto-generate:
Difficulty adjustment
1-minute mining blocks
ASIC or CPU compatibility

In Short
Cryptix is combining Bitcoin’s robustness, Kaspa’s parallel BlockDAG, and Ethereum/Solana-style smart contracts into a single deterministic L1 system.
It is fast, fair, decentralized, GPU/CPU mineable, and now entering the smart contract testnet phase. It's already has L1 Dex and running.
ptaank
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November 25, 2025, 10:06:21 AM
Last edit: November 26, 2025, 09:17:03 AM by ptaank
 #89


So Cryptix will now have Deterministic L1 Smart Contracts along with L1 DEX. What this means is -
- You can deploy your own POW tokens (fee under 1 cent) which can be actually mined in blockchain (even more fair distribution for a meme coin/utility coin)
- This will be the Fastest smart contract in the world
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