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Author Topic: [pre-ANN] VC — Crypto Fund for Media Startups  (Read 219 times)
Crypto Fund
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October 12, 2017, 02:57:46 PM
Last edit: October 12, 2017, 03:21:02 PM by Crypto Fund

By this post we are open a series of bi-weekly work reports of our team Delerex, and today we will talk about, which takes for the most part of working time now.

Let's start with achievements:
We put the investor's personal cabinet in order, now you can change the access password in it. Unfortunately, a lot of time is spent on macro tasks, and such simple things are not solved in the moment. In addition, now in the personal account, bitcoin and ethereum wallets are generated by the mnemonic phrase, specifically, the bitcoin wallet is also used as an electronic digital signature for two-stage authentication for the execution of user requests.

The private key of the user is stored on our server in an encrypted format according to the BIP38 standard, unlock is only possible on the client side for signing the withdrawal request. In the future, we want to use the same mechanism to sign requests for the ethereum smart contracts. Also, we have implemented a mechanism through which the fund participant can send funds from exchanges and wallets by the type of coinbase and jaxx, and will still receive his DACF tokens on the balance.m. At the moment, to get a token, for example, when participating in ICO, the organizers ask not to send funds from exchanges, because in this case the token will be assigned to the exchange address, and since the user does not have a private exchange key, he can not manage tokens. We have made so, in addition to preliminary identification at the sender's address, the user can also specify up to a thousandth amount of DOW of sending (we recommend using fractional amounts, this will add uniqueness to your transaction) and send funds within the next 60 minutes, or simply attach TxHash transaction.

The most important thing is that our crypto fund is already working successfully, and the growth rate of the capitalization of the crypto-currency market now coincides with the growth rate of ambitions of the Delerex team.
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