[ANN] Aidos Kuneen: Anonymous & Zero fees [Banking + Instant conversion to fiat]

[UrsaMajorisBeta]

Scalable, Decentralized, Anonymous and quantum secure system for transfer of Value with Zero Fees

IMesh is our take on an innovative new distributed ledger which is based on a DAG (directed acyclic graph). Even though IMesh doesn’t suffer from the same problems as a Blockchain (e.g. scalability) it is still based on the same underlying principles: it’s still a distributed database, it’s still a P2P Network and it still relies on a consensus and validation mechanism. The structure of the Mesh is defined by the following concept: Each transaction directly verifies two other transactions and therefore confirms that they are valid and conform to the protocols rules. This directly influences how we reach consensus: Instead of having PoW (miners) or PoS (stakers) be responsible for the overall consensus the entire network of active participants are directly involved in the approval of transactions. As such, consensus in ADK is no longer decoupled from the transaction making process: it’s an intrinsic part of it, and it’s what enables ADK to scale in an unrivaled fashion without any transaction fees. This makes it so ADK can operate as an autonomous decentralized and self-regulating p2p network.

ADK vs Blockchain

Let’s first look at scalability, which we already addressed in the previous part. It’s probably one of the biggest advantages ADK inherits compared to traditional Blockchains of the 1st and 2nd generation. In ADK there is no necessity to order values of seeds or addresses. Since consensus is parallelized, and not done in sequential intervals of batches as in blocks, the network is able to grow and scale dynamically with the number of transactions. The more transactions are made, the more secure and the more efficient the Mesh gets. When a node is synching, it just iterates through all transactions. The values from all transactions will be grouped into their addresses, even if they are in their previous order or not. When the all transactions are processed, every address will contain the current correct balance.There is no max-count of transactions in one block like in Blockchains and there will certainly be no blocksize-debate. There is no need to sort a puzzle just from one corner, piece after piece if you can have multiple eyes looking simultaneously and randomly for the right pieces to form the puzzle, from multiple corners. The more eyes, the faster it gets. Aidos demands no mining, is block-less and contrarily to Blockchains, gets faster the bigger it grows.

Transaction system

The issuing of a transaction in ADK consists of three simple steps:
1. Signing:
First the transaction inputs are signed with your private keys
2. Tip Selection:
Then a Random Walk Monte Carlo algorithm is used to randomly select two tips (i.e. unconfirmed transactions), which will be referenced by your transaction.
3. Proof of Work:
For your transaction to be accepted by the network, you need to do solve a cryptographic puzzle - similar to Hashcash. After all above steps your transaction is broadcast to the network.
After that someone else just has to reference your transaction in the tip selection process and therefore validate it. After that your transaction will be confirmed.  

Technical data

Total amount: 25.000.000
Premine: No
Mining: No
Technology: IMesh (Original code)
Application fields: Finance, Internet of Things, Smart contracts

Whitepaper

https://github.com/AidosKuneen/whitepaper/releases/download/v0.03/adk_whitepaper.pdf (English Version)

https://slack-files.com/T5JV8LUKC-F86J0R7V0-d857ed3b63 (Japanese Version)

Website
http://aidoskuneen.com/
In development: http://www.aidosfoundation.com/

GitHub
https://github.com/AidosKuneen

API
https://aidos-kuneen.readme.io/reference#about-the-api

Facebook
https://www.facebook.com/aidoskuneen/

Twitter
https://twitter.com/Aidos_kuneen

Telegram
https://t.me/aidos_kuneen

Reddit
https://www.reddit.com/r/adktrader/

Slack
https://aidos-kuneen.slack.com
Invite link: goo.gl/xqZBKr


Explorer
explorer.aidoskuneen.com

Nodes
wallet1.aidoskuneen.com

Exchanges
https://cryptodao.com/site/index/ADK/BTC
We are officially out of CryptoDao.
https://aidosmarket.com/
The market will open in January 10st 2018.
Additionally, AidosMarket ADK/EUR pair is already scheduled.


Price trackers
Listed on Coincap: https://coincap.io/ADK
Listed on CoinMarketcap: https://coinmarketcap.com/currencies/aidos-kuneen/
Listed on EveningStar: https://eveningstar.io/asset/aidos-kuneen/
Listed on BitScreener: https://bitscreener.com/coins/aidos-kuneen


Team
Founder: Ricardo Badoer
https://twitter.com/donrico77
https://www.linkedin.com/in/ricardo-badoer-03b97b137
Developers: Ogami Ittō and Norman Freiherr von Bush

Featured in the news

Crypto World Has Been Turning Into Ponzi Scheme: Opinion (17th June,2017)

https://cointelegraph.com/news/crypto-world-has-been-turning-into-ponzi-scheme-opinion

Altcoin Founder Slams Need For ICOs After Alternative Experiment (2nd Sep,2017)

https://cointelegraph.com/news/altcoin-founder-slams-need-for-icos-after-alternative-experiment

An spanish version is available at:

https://es.cointelegraph.com/news/altcoin-founder-slams-need-for-icos-after-alternative-experiment

Aidos Partners Lithuania-Based MisterTango For Instant ADK Conversion To Fiat (12th Oct,2017)

https://cointelegraph.com/press-releases/aidos-partners-lithuania-based-mistertango-for-instant-adk-conversion-to-fiat

Wallet 2.0 sneak peek

https://www.youtube.com/watch?v=MhHLgmFshIk

**Note: This is a community thread**

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[klidex]

Algo dev? pow or pos, more specification please. . .

[Coin_trader]

better to ask the developer about this coin, we can not determine the status of the coin whether it's good or the not-so-good project unless the developer speaks and share the specifications of his coin and other aspects of the project here in the forum.

[Sharma]

You have their twitter handle,why dont you try and contact them to ask all the info you want?I do not think many people heard about it here

[klidex]

That's way the OP bring it here guys, he want to start discuss about Aidos with everyone here, I do a little review on the website and there is not enough information on besides only one Dev show his photo. weird I think

[bustomi]

Zero fees? Really? i'm suprise to hear it but does anyone know its real or fake?

[HodlFroever]

I think if the developer knew about bitcointalk and wanted to post an ANN he would have. That's my guess

[AltsBoom]

No ICO but a token presale? Titles a bit misleading

[UrsaMajorisBeta]

No ICO but a token presale? Titles a bit misleading

Yes, i found that contradictory too. The guy just decided to ninja launch everything at twitter and recently launched a very active github though.

[UrsaMajorisBeta]

Zero fees? Really? i'm suprise to hear it but does anyone know its real or fake?

I've been lurking at the EOS telegram chat, and Dan Larimer says that a zero fee currency is very possible

[UrsaMajorisBeta]

That's way the OP bring it here guys, he want to start discuss about Aidos with everyone here, I do a little review on the website and there is not enough information on besides only one Dev show his photo. weird I think

Yeah it's sorta weid, i just wanted to see if there was enough interest to keep and maintain a community post to which add information as soon as released.

[markasoftware]

This is clearly just based on ByteBall, nothing to see here. Try harder next time, dev.

EDIT: It might be some other DAG-based crypto too, such as DAGCoin, who knows.

[btcmerich]

This is clearly just based on ByteBall, nothing to see here. Try harder next time, dev.

EDIT: It might be some other DAG-based crypto too, such as DAGCoin, who knows.

Do you check things before you talk???

Aidos is not based on Byteball!  Byteball does have mainchain while Aidos does not. Aidos is more close to IOTA but has limited the total supply to 25 000 000   and is more into usage for humans vs IOTA that is more or less made for toasters and  machines



I do not know why Aidos devs are not doing ANN . But the tech and the way they are doing things is very interesting and i am supporting , did buy and i am going to hodl

[teeneffigy]

Technical Data:
 
Total amount: 25.000.000
Premine: No
Mining: No
Technology: IMesh ( DAG )
Application fields: Finance, Internet of Things, Smart contracts

This sounds good but how did distribution happen? Was there an ICO?

[btcmerich]

That's way the OP bring it here guys, he want to start discuss about Aidos with everyone here, I do a little review on the website and there is not enough information on besides only one Dev show his photo. weird I think

Nothing wierd about one Dev showing Photo and real name.  We do not know all the Devs with or without pictures.  Aidos is  decenteralaized and trustless tech . The interesting part here is that Aidos  is bringing  very interesting ,working tech  and also is skipping the usual bullshit that most of us complain about here on the forum

ICO , Bullshit promises and over hype  and shit old tech in new wrapping.


I like Aidos and i love how it is doing ninja and  is slowly gaining ground without being fake and over hyped. Just Look at IOTA  all their bullshit and how Devs treat people. Aidos is ten times better and is going to do better tech dev  and Aidos devs are no assholes.

Join their slack , alot of good people there.

[James_H]

Seem interested, but for now i haven't more information about Aidos Kuneen

[btcmerich]

Technical Data:
 
Total amount: 25.000.000
Premine: No
Mining: No
Technology: IMesh ( DAG )
Application fields: Finance, Internet of Things, Smart contracts

This sounds good but how did distribution happen? Was there an ICO?

I learned via slack that the founder wants to do things diffrent and did not want to do ICO  since he thinks it is not safe or fair to the investors. So he wants to put Aidos directly on exchange and do sells at fixed prices and they have sold around 140k  more or less in the first 8 days they have been listed. More exchange will list it shortly for sure. I  do not like crypto dao but i did register there just to buy some ADK. i am looking forward to better exchange listing Aidos

[btcmerich]

Seem interested, but for now i haven't more information about Aidos Kuneen

Why not join their slack. the link is on their website. some good passionated people there and i am sure they can answer your questions.


OP, please update with following info:

Aidos Explorer : explorer.aidoskuneen.com

Aidos infosheet :  aidoskuneen.com/about

and also , put Ricardo Badoer as Founder ( Not that it is important)


They are working on whitepaper that is going to be more tech detailed and also will explain next steps of the development

[btcmerich]

Some awsome work being done


https://twitter.com/Aidos_kuneen/status/870985560592183296/photo/1

[kamiyama]

Total amount: 25.000.000

Are you planning to sell them all at 0.00022?

ADK‏ @Aidos_kuneen 　
There will total of 100k ADK  priced at 0.00022 BTC

ADK‏ @Aidos_kuneen     
Another 100,000 ADK  will be sold on http://cryptodao.com  for 0.00022