[ANN][ICO]DAEMS: Decentralized Anonymous Encrypted Messaging System Innovation points:
Solved the bottle neck of blockchain messaging system that stores all the data into blockchain; introduce zero knowledge proof which creates absolute anonymity.
Technical solution:
Use bitcoin codebase, introduce zk-SNARK technology which was already implemented in ZCash and Lightning network technology, together with ECC encryption technology, to enable anonymous, encrypted message transfer that doesn’t cost blockchain space.
Future potentials:
1 Persistent storage of messages by volunteer nodes
2 public blog /twitter/facebook by unencrypted message from one ID
3 group messaging: broadcast encrypted message to group members that shares the key
4 Paid content:similar to group
5 Multiple coin support with single priv key
6 Decentralized domain system
7 Online market
8 Email server.Daems email address is Daems-ID@server-domain-name The server connects both internet and Daems network, translates address and broadcast email.
9 Message bonus: send out message with money to clarify non-spam.
System Params:
1 Total coin supply:21M (same as BTC)
2 Initial coin supply:15.75M(same as BTC supply at 2nd halving)
3 Mining reward mechanism: starts at the speed as 2nd halving of BTC, and halves every 4 years
4 Block interval: 2min
5 Mining mechanism: POW
6 POW algorithm: SHA256D
7 ledger mechanism: UTXO
8 address format: base58 ,versioned checksumed bytes
9 Max block size:1M
10 Min.fee:0.01 COIN
11: supports zk-SNARK for coin
12 Try to support zk-SNARK for message sending
13: no smart contract support in base platform to ensure system stability
14 Maybe improve Multisig
Development roadmap:
Development team has already created a decentralized content publishing system that writes content to blockchain(
www.f-a-i.net), the major work for development of DAEMS is the integration of zk-SNARK and Lightning network which is not time-consuming.
Phase1: Build consensus layer. Ensure the system can be improved without hard fork.
Provide a C++ based client that enables basic coin transfer and messaging functions.
Estimated development time: 3 months
Phase2: Develop clients on multiple operations systems(ios, Android, etc), together with multiple coin support( BTC, ETH,ETC,etc).
Phase3: Continous improvement following user feedbacks
ICO plan:15.75M coins Total initial coin supply
1.75M for dev team
4M for first round ICO before development
10M for second round ICO after Phase1 development
1st round ICO details:
Time: 1st OCT 2016 to 14th OCT 2016, GMT
Currency: Bitcoin
Address:
131ACyv2SWrA1GC6VTk1FjE12hdCZCCWNcRate: All collected Bitcoins shares the 4M Daems coin.
Daems Coin per Bitcoin=4M ICO supply/(total Bitcoins collected)
e.g.: 100 bitcoins collected, 40000 Daems coin per Bitcoin
200 Bitcoins collected, 20000 Daems coin per Bitcoin
Funding cap:200 Bitcoins.
Investment over 200 Bitcoins can get Daems coin in second-round ICO with 5 times weight. i.e. 1 bitcoin in 1st round (above 200)=5 bitcoins in 2nd round.
!Please send Bitcoins from an account controlled by yourself.
We payout Daems coin after Phase 1 development.
Default receiving address is the address that sends out Bitcoin.
If you want to receive Daems coin with a different address, please send a email to
daemsico@gmx.com , providing the address that will send out Bitcoin and the amount will be sent , BEFORE you send out the Bitcoins. Later when Daems coins are available , please send another email providing the address to receive the Daems coins.
Refund notice20170811
For investors outside the wechat group:
Because of the long delay of Daems, we offer 100% refund of the BTC you've invested.
Please send an email to
daemsico@gmx.comIf you've sent an email before, please use that email address to claim, and provide us your refund address.
If not, please provide a signature from the btc address you invested from, signing "daems refund"
--We've already refunded most of the btcs to the investors inside the wechat group.
And, the Daems project is still going on .It's an interesting technical trial, we will make it happen.
