[ANN] Doge Protocol : post quantum blockchain with smart contracts support

[Abrell]

Is this quantum computing the biggest threat to crypto or it is just complementary to it?

[Cleeton]

the arrival of the quantum computing era will definitely pose an existential crisis for the security of blockchain encryption. Is Doge protocol secured from that?

[dogeprotocol]

Yes, thats the point of a quantum resistant blockchain. However since no algorithm may be safe from future advances in technology, we term it as "quantum resistant" instead of "quantum proof".

the arrival of the quantum computing era will definitely pose an existential crisis for the security of blockchain encryption. Is Doge protocol secured from that?

[egnew]

Yes, thats the point of a quantum resistant blockchain. However since no algorithm may be safe from future advances in technology, we term it as "quantum resistant" instead of "quantum proof".

the arrival of the quantum computing era will definitely pose an existential crisis for the security of blockchain encryption. Is Doge protocol secured from that?

So can we claim that till now this is the most secured technology in this field?

[Yehle]

Sorry, Don’t get the thing, are you building your own chain? Then why you create the token on etherchain?

[yitepaja]

Is proof of work the main issue that can be a threat? Any other components also have some week point?

[cryptomaxsun]

In my opinion, proof of work presupposes the fairest and fairest distribution of coins.  Everyone can start mining and earn coins.
 In the case of a POS, coins have to be purchased first, which limits many participants.

[dogeprotocol]

Which is a valid point, because PoW ensures that there are no restrictions on who can come and become part of the network. Which is why Doge Protocol PoS scheme is hybrid. In the immediate mainnet release, it will be purely proof-of-stake.

However with the future hybrid mode, PoW block winners will get a validation stake; its a bit complicated to explain in this short comment but will be explained in detail in the consensus paper coming up Nov 2021.

But we need to wait for PoW to run primarily on green and affordable energy, before the blockchain switches to Hybrid mode.

In my opinion, proof of work presupposes the fairest and fairest distribution of coins.  Everyone can start mining and earn coins.
 In the case of a POS, coins have to be purchased first, which limits many participants.

[dogeprotocol]

Good point, there are two purposes to token on Ethereum chain:

1) Proof-of-Stake systems need something to stake on to kickstart the network, in this case it will be the initial tokens on Ethereum chain.

2) The community wants to ensure a fair launch, so that everyone gets a fair chance to get a stake in the upcoming blockchain, while it is under development.

This is similar to main other chains that first launch as a token on Eth and then later move over to the new blockchain.

Sorry, Don’t get the thing, are you building your own chain? Then why you create the token on etherchain?

[dogeprotocol]

Shared this thread in Doge Protocol's Twitter: https://twitter.com/dogeprotocol1/status/1453073556535844872

In my opinion, proof of work presupposes the fairest and fairest distribution of coins.  Everyone can start mining and earn coins.
 In the case of a POS, coins have to be purchased first, which limits many participants.

[zatoshi_zakamoto]

SCAM ALERT  

-Token was publicly announced on Sep 13, 2021.
-Token was created on Sep 1, 2021.

But when looking at the transfer history (download the csv for all transfers at the link below), we can clearly see that the INSIDERS used almost the first 2 weeks to line up their pockets.

https://etherscan.io/token/0xe7eaec9bca79d537539c00c58ae93117fb7280b9

1) HOW CAN YOU CALL THIS A FAIR LAUNCH??
2) WHY DIDN'T YOU make the public announcement on Sep 1, 2021 as well???

Such practice is clearly a very big red flag which signal a rug pull ...

[dogeprotocol]

SCAM ALERT  

-Token was publicly announced on Sep 13, 2021.
-Token was created on Sep 1, 2021.

But when looking at the transfer history (download the csv for all transfers at the link below), we can clearly see that the INSIDERS used almost the first 2 weeks to line up their pockets.

https://etherscan.io/token/0xe7eaec9bca79d537539c00c58ae93117fb7280b9

1) HOW CAN YOU CALL THIS A FAIR LAUNCH??
2) WHY DIDN'T YOU make the public announcement on Sep 1, 2021 as well???

Such practice is clearly a very big red flag which signal a rug pull ...

To clarify, Public Announcements were made on May and then again on August and many more updates leading into Sep 1. BitcoinTalk is only one of the various social medias and not the only one.  Please see other social medias.

1) Twitter announcement was may as far as May 2021 and then again on August 1 with various updates leading to the launch on Sep 1.
2) The original Telegram was a channel in which announcements were made on August 1 with various updates. (t.me/DogeProtocol) (the group was created to enable discussions later on based on feedback)
3) Website launch details in DogeProtocol.org with announcement dates can also be reviewed in Archive.org (WayBackMachine)

[zatoshi_zakamoto]

SCAM ALERT  

-Token was publicly announced on Sep 13, 2021.
-Token was created on Sep 1, 2021.

But when looking at the transfer history (download the csv for all transfers at the link below), we can clearly see that the INSIDERS used almost the first 2 weeks to line up their pockets.

https://etherscan.io/token/0xe7eaec9bca79d537539c00c58ae93117fb7280b9

1) HOW CAN YOU CALL THIS A FAIR LAUNCH??
2) WHY DIDN'T YOU make the public announcement on Sep 1, 2021 as well???

Such practice is clearly a very big red flag which signal a rug pull ...

To clarify, Public Announcements were made on May and then again on August and many more updates leading into Sep 1. BitcoinTalk is only one of the various social medias and not the only one.  Please see other social medias.

1) Twitter announcement was may as far as May 2021 and then again on August 1 with various updates leading to the launch on Sep 1.
2) The original Telegram was a channel in which announcements were made on August 1 with various updates. (t.me/DogeProtocol) (the group was created to enable discussions later on based on feedback)
3) Website launch details in DogeProtocol.org with announcement dates can also be reviewed in Archive.org (WayBackMachine)

Bitcointalk is the largest forum for crypto. What else platform did you use for public annoucement with larger crypto community than here?
And the fact that you choose to make an announcement here almost 2 weeks after launch, and seeing the initial transfers done at the early stage of launch clearly supports my argument that THIS IS NOT A FAIR LAUNCH AT ALL. Instead a 'smart' way for insiders to load their bags and then dump them on the unsuspecting public later. Look at the chart of your token: it shows symptoms of rug pull ...

[dogeprotocol]

SCAM ALERT  

-Token was publicly announced on Sep 13, 2021.
-Token was created on Sep 1, 2021.

But when looking at the transfer history (download the csv for all transfers at the link below), we can clearly see that the INSIDERS used almost the first 2 weeks to line up their pockets.

https://etherscan.io/token/0xe7eaec9bca79d537539c00c58ae93117fb7280b9

1) HOW CAN YOU CALL THIS A FAIR LAUNCH??
2) WHY DIDN'T YOU make the public announcement on Sep 1, 2021 as well???

Such practice is clearly a very big red flag which signal a rug pull ...

To clarify, Public Announcements were made on May and then again on August and many more updates leading into Sep 1. BitcoinTalk is only one of the various social medias and not the only one.  Please see other social medias.

1) Twitter announcement was may as far as May 2021 and then again on August 1 with various updates leading to the launch on Sep 1.
2) The original Telegram was a channel in which announcements were made on August 1 with various updates. (t.me/DogeProtocol) (the group was created to enable discussions later on based on feedback)
3) Website launch details in DogeProtocol.org with announcement dates can also be reviewed in Archive.org (WayBackMachine)

Bitcointalk is the largest forum for crypto. What else platform did you use for public annoucement with larger crypto community than here?
And the fact that you choose to make an announcement here almost 2 weeks after launch, and seeing the initial transfers done at the early stage of launch clearly supports my argument that THIS IS NOT A FAIR LAUNCH AT ALL. Instead a 'smart' way for insiders to load their bags and then dump them on the unsuspecting public later. Look at the chart of your token: it shows symptoms of rug pull ...

We understand different people have different opinon on largest forums and such. Twitter & other social medias are where the common man & crypto user base is at and Doge Protocol community will focus our energies on them. Also why crypto projects focus on daily status updates, announcements etc. on these media instead.

On a different note, Doge Protocol will be a combined multi-fork of Bitcoin, Ethereum, Dogecoin, DogeP tokens, in that sense, the first holders are actually Bitcoin, Ethereum, Dogecoin holders.

Note to readers: please reach out in Twitter or Telegram or Discord for any questions, this forum might not be checked actively by community members (in case you see lack of activity or replies).

The community is excited on the road to mainnet!  Roadmap including items delivered so far at https://dogeprotocol.org/#roadmap