[PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency

[talinabtc]

Hi felixando,

I think you have an impressive project on your hands.

Please enable the Faucet as the original Raiblocks had if you are creating a new project.
If it is a fork than everyone will have the same amount of coins, right?

I agree, faucet based on raiblocks would make sense for a wide distribution, I think raiblocks had a great distribution system. OP could copy the development fund raiblocks has and use it as a STONE development fund. Community support for rai is very strong right now.

Cheers,
Tal

[1714880915]

1714880915

[1714880915]

1714880915

[1714880915]

1714880915

[1714880915]

1714880915

[andres1540]

Me parece interesante el proyecto, le daría una donación al desarrollador pero esperare al momento que saque termine el código. te deseo la mejor de las suertes Felixando...
Google Translate: I find the project interesting, I would give a donation to the developer but wait for the moment I finish the code. I wish you the best of luck Felixiando...

[PerfectCoinSeeker]

In Raiblocks, when there is a fork,  balance-weighted vote is used to determine the outcome through use of representatives.

How would balance-weighted vote work in Stone? cos certain amount of balances will be shielded if zsnarks are used

Requoting as I would definitely donate if you can answer this question.

From my findings with drafts between the balanced-weighted vote & sk-SNARKs, unfortunately the implementation will not transact in-line in the manner i originally set out to achieve, therefor i have played with the idea of off-chain addresses, t-addresses (Stone) for standard transactions & z-addresses (zStone), with an exact exchange between paired wallets for a private untraceable transaction. My idea further extends to to have Stodes (Nodes), which act as a direct atomic swap 1:1 with Stone & zStone, anyone would be able to see the the swap 1:1 between the two, but no one would be able to see where you have received the zStone as it was transacted off-chain.

                           OFF-CHAIN
        Bob                    ->           Alice
(zStone) Transactions    ->    (zStone)  Received


                              SWAP
         Alice                    ->            Ted (Node)      ->          Alice
(zStone) Swap 1:1        ->            Receive/Send       ->    (Stone) Received

Alice receives a private transaction from Bob via zStone, Alice now has 100 zStone, Alice now wants standard Stone, she swaps the 100 zStone for Stone 1:1 via a Stone node. The end result is Alice successfully has completed a private transaction with Bob, and swapped back into the base currency, all within the wallet, this method allows the DAG protocol to still function with its representative method.

Apologies in advance for the rough draft schematics, this is not anywhere near complete and is subject to change.

zStone would not be a separate currency and not tradable on an exchange, its simply the channel to achieve completely private transactions, with a swap 1:1 with Stone, they would not be worth anymore or any less.



felixando

Too complicated

A simpler privacy solution would certainly be welcome.

To Felixando, how fast will this current off-chain & swap option take for end users?

[felixando]

just as a side-note i have recently in the last hours updated the original post with the latest list of donators, thank you.



felixando

[Alphapulsared]

What happened to the website?

[ChrisPontius]

What happened to the website?

What do you expect from self-moderated topic?

[Hodll]

Very interesting idea and concept I will be following this closely.

[felixando]

The thread is temporarily paused while i combat some serious repeat spam users!   unfortunately we have one particular user who we found out has actually donated a larger amount, who is spamming threads with multiple bitcointalk accounts - attempting to steer people away from Stone, so the distribution share for him is a higher amount, i will not tolerate this & i am returning his donation as we speak. I'm actually considering setting up a Stone community forum.

In the mean time ill focus on coding and replying to pm's, if you have any questions do not be afraid to ask    i can't answer them all right away, although in between coding i can reply to a few, also, for those who are interested in testing zkSNARK's transactions with a DAG on a testnet in a couple of weeks (fingers crossed), shoot me a PM and i will create a list to contact when its all systems go.



note: i have updated the main post with the official list of donators. (3rd Jan 2018)




felixando

[felixando]

By popular demand, Monero is now accepted

47AkVYEAYrtCUB7b6LpyuggTBPuWKC7edBVCWph2Vdka1pkKjND2CN85Rp5efFkKv4EHBvyVKXaHs5b bu8dFt3Qo2qmFuEA






felixando.

[kkjack789]

Hi felixando,

I think you have an impressive project on your hands.

Please enable the Faucet as the original Raiblocks had if you are creating a new project.
If it is a fork than everyone will have the same amount of coins, right?

I agree, faucet based on raiblocks would make sense for a wide distribution, I think raiblocks had a great distribution system. OP could copy the development fund raiblocks has and use it as a STONE development fund. Community support for rai is very strong right now.

Cheers,
Tal

I agree with your suggestion. There is nothing more practical than this suggestion

[deemcdee]

By popular demand, Monero is now accepted

47AkVYEAYrtCUB7b6LpyuggTBPuWKC7edBVCWph2Vdka1pkKjND2CN85Rp5efFkKv4EHBvyVKXaHs5b bu8dFt3Qo2qmFuEA

felixando.

Well, no new questions answered. But luckily we now have a new addresses posted for sending donations.

...not the best community engagement / trust building we've seen here...

[OSmightymanOS]

Can the Dev please PM me 

[moneroguru]

By popular demand, Monero is now accepted

47AkVYEAYrtCUB7b6LpyuggTBPuWKC7edBVCWph2Vdka1pkKjND2CN85Rp5efFkKv4EHBvyVKXaHs5b bu8dFt3Qo2qmFuEA

felixando.

You should put your view key to keep incoming funds transparent (similar to others).

[xibeijan]

How is progress with implementation?

[blg42598]

Any updates? Looking forward to this project, privacy is a great improvement to this type of network

[felixando]

Hi Stone supporters, apologies for the variance in communication over the last two days, a little technical insight into what stage right now, and what is currently filling my time.


   
                A DAG G                                         Transitive reduction of G


If G is a DAG, its transitive closure is the graph with the most edges that represents the same reachability relation. It has an edge u → v whenever u can reach v. That is, it has an edge for every related pair u ≤ v of distinct elements in the reachability relation of G, and may therefore be thought of as a direct translation of the reachability relation ≤ into graph-theoretic terms. The same method of translating partial orders into DAGs works more generally: for every finite partially ordered set (S, ≤), the graph that has a vertex for each member of S and an edge for each pair of elements related by u ≤ v is automatically a transitively closed DAG, and has (S, ≤) as its reachability relation. In this way, every finite partially ordered set can be represented as the reachability relation of a DAG.


The transitive reduction of a DAG G is the graph with the fewest edges that represents the same reachability relation as G. It is a subgraph of G, formed by discarding the edges u → v for which G also contains a longer path connecting the same two vertices. Like the transitive closure, the transitive reduction is uniquely defined for DAGs. In contrast, for a directed graph that is not acyclic, there can be more than one minimal subgraph with the same reachability relation.

With the 'Transitive reduction of G' it will bring some sense of privacy ontop of zk-SNARK's, which effectively will make it more secure than ZCash  


Whilst i don't want to make any promises right now, i'm looking at getting another developer onboard, with the development funds provided, to get the project completed quicker, as its proving to be quite the task and larger than originally expected, are we all happy for this to go ahead? I'm also looking to get a roadmap out the door at some stage!, possibly within the next two weeks, i have quite the treat prepared in terms of a roadmap, just need to get it projected onto a graphic.


I appreciate all the donators so far, and i will be responding to PM's when i can, i will just need a little longer than usual, thank you.




felixando

[aliceswhiterabbit]

I think with all the donations so far adding another dev would be encouraged especially if it makes a finished product come sooner! Eagerly awaiting a roadmap 

Since this is a Rai (tentative Nano) fork is the name Stone set in stone ? lol or are you looking at changing it before the Ann?

[felixando]

I think with all the donations so far adding another dev would be encouraged especially if it makes a finished product come sooner! Eagerly awaiting a roadmap  

Since this is a Rai (tentative Nano) fork is the name Stone set in stone ? lol or are you looking at changing it before the Ann?

I'm quite content with name 'Stone' so far, there can always be a change in the near future once the project is up and running and if the majority wishes.





feliando

[Mudi67]

Great Idea, but Stone is not the first DAG with anonyme transactions. There is already Byteball (Gbyte) with this functionality since two years on the market...
Please correct the picture in your first post, as this is false marketing.

[felixando]

Hi all, a few posts above is an update on the technical specifications and what i have been working on, so just a small update here to give an explanation on a few small thoughts on status.

almost on a 4hourly basis this is what I've been hindered with



furthermore




As you can imagine this is quite overwhelming, as i have payed the extortion to no prevail or modification to my limits, i'm looking at setting up a dedicated server with a forum for the Stone community, but as you can imagine this task is quite time consuming, as i am looking for some assistance from the community in this sector, this will be quite rewarding for those involved.

Please only private message myself if the question is urgent, for all donations, they do not require confirmation via pm from myself, i have started adding the remaining donators to the list, which i have been doing in a logarithmic manner, so i will continue once i gain PM abilities back.





felixando