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Author Topic: [ANN] SATOSHI - anonymous payments in the network Ethereum!  (Read 23655 times)
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Sat0shiTeam
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December 26, 2017, 04:13:20 AM
 #901

Oh wow, I just about made it on time.  I love privacy cryptos, I hope that this project really takes off and distrust the privacy coin space.

I see that intrigue is preserved, since the way to realize the function of anonymous transfers is not disclosed in white paper)))

White paper will be very short:

1. Start the smart contract on the Ethereum network.
2. Run the application.
3. Make changes to the code Ethereum (adding smart contracts after moderation, set the minimum transaction cost, delete all downloaded smart contracts).
4. To conduct hard fork Ethereum.

Now, in order to join the airdrop, is it sufficient to specify a link to the BTT profile?

Yes it is. It is very important for us to discuss our idea in this forum, not in the Telegram. Therefore, the conditions are simplified.
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scolonyminer
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December 26, 2017, 04:13:43 AM
 #902

joined!
SATOSHI is a familiar name, i know from out of BTT
hope your campaign get success!
Good luck dev,  Wink

evgen_povt
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December 26, 2017, 05:25:46 AM
 #903

4. To conduct hard fork Ethereum.

What do you mean by "to conduct hard fork Ethereum"?
GraBitCoin
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December 26, 2017, 05:40:07 AM
 #904

4. To conduct hard fork Ethereum.

What do you mean by "to conduct hard fork Ethereum"?

We plan to launch our blockchain based on the Ethereum code (adding smart contracts after moderation, set the minimum transaction cost, delete all downloaded smart contracts).
Our goal is to maximize the speed of anonymous transactions with a minimum price for gas.
evgen_povt
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December 26, 2017, 06:05:41 AM
 #905

4. To conduct hard fork Ethereum.

What do you mean by "to conduct hard fork Ethereum"?

We plan to launch our blockchain based on the Ethereum code (adding smart contracts after moderation, set the minimum transaction cost, delete all downloaded smart contracts).
Our goal is to maximize the speed of anonymous transactions with a minimum price for gas.

That means the STH will be mineable?
Or STH remains a token, but the forked ethers will be just another fork of ethers? What they needs for? Just to pay gas?

Who will moderate contracts? It's not satoshi style.
GraBitCoin
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December 26, 2017, 06:46:13 AM
 #906

4. To conduct hard fork Ethereum.

What do you mean by "to conduct hard fork Ethereum"?

We plan to launch our blockchain based on the Ethereum code (adding smart contracts after moderation, set the minimum transaction cost, delete all downloaded smart contracts).
Our goal is to maximize the speed of anonymous transactions with a minimum price for gas.

That means the STH will be mineable?
Or STH remains a token, but the forked ethers will be just another fork of ethers? What they needs for? Just to pay gas?

Who will moderate contracts? It's not satoshi style.

We wanted to disable the ability to add smart contracts, since our goal is anonymous payments with minimal commissions. How and by whom the smart contracts will be moderated has not yet been decided. There are several options and we have not chosen the best yet.

What do you mean by "Satoshi style"?
TraderInc
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December 26, 2017, 07:38:29 AM
 #907

Whitepaper looks good.
Is there going to be a Roadmap soon ?
When is it going on ED ?

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revenanTts
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December 26, 2017, 07:52:20 AM
 #908

Whitepaper looks good.
Is there going to be a Roadmap soon ?
When is it going on ED ?

Quote
Road map:

1st quarter of 2018. Exchange of intermediate tokens to the anonymous SATOSHI token.
STH exchange will be done by sending tokens to the address of an anonymous smart contract according to the following rules:

1. Up to 1500 STH 1: 1.
2. From 1500 to 15000 bonus of 15%
3. From 15,000 to 50,000 bonus of 25%
4. From 50,000 to 100,000 bonus of 35%
5. Over 100,000 bonus of 45%

Q3 2018 launching an application for anonymous payments.

This is a good marketing move!

ED  https://etherdelta.com/#0xc01b78e62a4d1fdce58d364193ee1218832919fd-ETH
evgen_povt
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December 26, 2017, 08:22:27 AM
 #909

4. To conduct hard fork Ethereum.

What do you mean by "to conduct hard fork Ethereum"?

We plan to launch our blockchain based on the Ethereum code (adding smart contracts after moderation, set the minimum transaction cost, delete all downloaded smart contracts).
Our goal is to maximize the speed of anonymous transactions with a minimum price for gas.

That means the STH will be mineable?
Or STH remains a token, but the forked ethers will be just another fork of ethers? What they needs for? Just to pay gas?

Who will moderate contracts? It's not satoshi style.

We wanted to disable the ability to add smart contracts, since our goal is anonymous payments with minimal commissions. How and by whom the smart contracts will be moderated has not yet been decided. There are several options and we have not chosen the best yet.

What do you mean by "Satoshi style"?


I mean by design everything should be governed by the community, but not a moderator.

More questions:
There would be two currencies in the blockchain - regular (forked ethers) and anonymous (STH)?
Who will mine blocks? The reward for miners will remain the same - 3 forked ethers?

evgen_povt
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December 26, 2017, 08:24:19 AM
 #910

Whitepaper looks good.
Is there going to be a Roadmap soon ?
When is it going on ED ?

Did you see the whitepaper?
Where is it?

I didn't find it on the website.
nikusPiks
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December 26, 2017, 08:40:14 AM
 #911

Whitepaper looks good.
Is there going to be a Roadmap soon ?
When is it going on ED ?

Did you see the whitepaper?
Where is it?

I didn't find it on the website.

There are detailed answers to all technical questions in the topic.
GraBitCoin
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December 26, 2017, 09:23:28 AM
 #912

4. To conduct hard fork Ethereum.

What do you mean by "to conduct hard fork Ethereum"?

We plan to launch our blockchain based on the Ethereum code (adding smart contracts after moderation, set the minimum transaction cost, delete all downloaded smart contracts).
Our goal is to maximize the speed of anonymous transactions with a minimum price for gas.

That means the STH will be mineable?
Or STH remains a token, but the forked ethers will be just another fork of ethers? What they needs for? Just to pay gas?

Who will moderate contracts? It's not satoshi style.

We wanted to disable the ability to add smart contracts, since our goal is anonymous payments with minimal commissions. How and by whom the smart contracts will be moderated has not yet been decided. There are several options and we have not chosen the best yet.

What do you mean by "Satoshi style"?


I mean by design everything should be governed by the community, but not a moderator.

More questions:
There would be two currencies in the blockchain - regular (forked ethers) and anonymous (STH)?
Who will mine blocks? The reward for miners will remain the same - 3 forked ethers?



Moderation will help maintain high speed and minimum transaction costs for anonymous token.

Answer to the first question: YES
Answer to the second question: the decision is not made (Everything has its time)
seeMvereDood
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December 26, 2017, 12:46:05 PM
 #913

How soon will the next token distribution transaction occur?
kristii
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December 27, 2017, 02:30:37 AM
 #914

I agree, really very interesting name of the token.
Who knows when this token will be released on the exchange?

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revenanTts
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December 27, 2017, 03:38:33 AM
 #915

I agree, really very interesting name of the token.
Who knows when this token will be released on the exchange?


https://etherdelta.com/#0xc01b78e62a4d1fdce58d364193ee1218832919fd-ETH
beata_sunshine
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December 27, 2017, 08:19:29 AM
 #916

Why do you need to fork Ethereum?
The cost of transactions is not such expensive now. The latest tx costed $0.008.

Anonymous coins already exist (ZCash, Monero).
We wanted to get anonymous payments in the Ethereum network, but not a new blockchain.
GraBitCoin
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December 27, 2017, 08:23:03 AM
 #917

Distribution to newly joined https://etherscan.io/tx/0x415eaf6bcf1b094aa5623920fb2fddb39bfea54277addc0d541d94752c45fd73

Why do you need to fork Ethereum?
The cost of transactions is not such expensive now. The latest tx costed $0.008.

Anonymous coins already exist (ZCash, Monero).
We wanted to get anonymous payments in the Ethereum network, but not a new blockchain.

A smart contract on the Ethereum will continue its work in any case.

And since it is not known when and from what the network of the Ethereum will again cease to conduct cheap transactions, we will make a network that will not be exposed to such hazards 100%


Anonymous coins already exist (ZCash, Monero).


These coins are conditionally anonymous. If there is sufficient computing power, you can find out who and whom transferred the funds.
Only a complete absence of transactions can solve the problem of anonymity.
evgen_povt
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December 27, 2017, 09:40:10 AM
 #918


A smart contract on the Ethereum will continue its work in any case.


Do you mean there would be two contracts - on the main net and on the forked one?
GraBitCoin
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December 27, 2017, 09:49:58 AM
 #919


A smart contract on the Ethereum will continue its work in any case.


Do you mean there would be two contracts - on the main net and on the forked one?

Correctly. First, the smart contract for the anonymous transfer of tokens will be deployed in the Ethereum network. Then a web application for anonymous payments integrated with a smart contract will be launched. Only after that we will launch our own network based on Ethereum code.
evgen_povt
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December 27, 2017, 10:24:36 AM
 #920


A smart contract on the Ethereum will continue its work in any case.


Do you mean there would be two contracts - on the main net and on the forked one?

Correctly. First, the smart contract for the anonymous transfer of tokens will be deployed in the Ethereum network. Then a web application for anonymous payments integrated with a smart contract will be launched. Only after that we will launch our own network based on Ethereum code.

thank you. Sounds good
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