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

[fonship]

How long is it possible to donate?

And the distribution plan is fixed? So donators will receive 30% of the supply?

Donations are still open; though they will be closed "soon".

felixando felt that that distribution method was the fairest way to make Stone globally available to everyone.  As of now it appears to be fixed.

Hello community, after deep thought, the 9th of Feb  8PM GMT will be the final date of the donation period, just under ~2 weeks, which should coincide perfectly inline with the testnet release, thank you.

Thank you all for the abundance of positive email's, i will reply to the majority shortly once i receive a small break from coding in the data structure algorithm with DAG cross-check zkSNARKs duration mannerism. For the non-technical, in short, i'm attempting to shorten the zkSNARK's tx.



felixando

Well that's great to get advance notice from you and could we also release some plan with targeted dates from testnet as well. Like mainnet, Website, whitepaper, exchange
This will give some clarity and people can better estimate about pace of project.
Also, are you still single Dev from project and if so, at what point you would like to add more Dev's to team.

When you say testnet will be released on 9th Feb, will the code also released on Github?

[1714689283]

1714689283

[1714689283]

1714689283

[1714689283]

1714689283

[K-Dub]

If you want to avoid that a single person creates several accounts / wallets to get more than one airdrop, then you need  proof-of-identity.
For example Jumio provides this proof-of-identity service...

there is a simpler way. Just allow accounts with a certain age to claim the airdrop. like created before the start date of the stone announcement thread.

I think that's something simple and works more than well. But I got no doubt felixando will handle it

That works fine except in my case.  

I found this forum within days of purchasing my first BTC...about a week after Felixando created the thread.  Although I am a noob, I was intrigued by the idea of the next-generation of trust chains (DAG).  I've been reading intently since and have donated reasonable amounts twice.  I intend to continue support for the project as long as it's viable.

Regarding donations, I am not knowledgeable enough to gauge what makes good or bad distribution models, but I do think that rewarding posters for sometimes inane or banal comments does not seem right.  (I'm not talking about the post I am replying to.  Just making a general comment that a post that doesn't substantively add to the discourse should not be a measure of worthiness.)

Soon, a plan should be created laying out the communications and marketing strategy for announcing the project's progress, explaining STONE's unique benefits, and producing real-world use cases for its utilization.  A professional website and social media campaign coincides with this which eventually culminates with a listing on an active, well-know exchange.  Bottom line, this project will be a success through planning and execution, not good will and happenstance.

(Sorry for the lengthy post.)

[Kencha77]

How long is it possible to donate?

And the distribution plan is fixed? So donators will receive 30% of the supply?

Donations are still open; though they will be closed "soon".

felixando felt that that distribution method was the fairest way to make Stone globally available to everyone.  As of now it appears to be fixed.

Hello community, after deep thought, the 9th of Feb  8PM GMT will be the final date of the donation period, just under ~2 weeks, which should coincide perfectly inline with the testnet release, thank you.

Thank you all for the abundance of positive email's, i will reply to the majority shortly once i receive a small break from coding in the data structure algorithm with DAG cross-check zkSNARKs duration mannerism. For the non-technical, in short, i'm attempting to shorten the zkSNARK's tx.



felixando

DO applications for the testnet available? or will be available again in the future? Didn't mind trying it before but i think it should be great to see how it works

[Earth701106]

K-Dub

I fully agree with you that the airdrop should be beneficial to the development of the project, rather than simply distributing it by account.The size of the airdrop should be limited to make every coin play its most important role.

[rdnkjdi]

Hi I donated 13.4 eth while drunk a few nights ago (I know i'm not smart ;().  I am supportive of the mission, but.. that was more money than I could afford to donate.

I appreciate that donations are welcome but not required/expected/wanted in duress, could you please refund me back to the donation address? 


CCNCCN  |  https://etherscan.io/tx/0x3aa90ad6e2ecf58499a24145b53a8b39062bd5543f1ce7823956d11e13e4bcec


Many Thanks,
CCN

I'm curious ... did you get a refund?

[rdnkjdi]

Hey Felix, is there any way I can get on the testnet?

[Neversettle]

Hi I donated 13.4 eth while drunk a few nights ago (I know i'm not smart ;().  I am supportive of the mission, but.. that was more money than I could afford to donate.

I appreciate that donations are welcome but not required/expected/wanted in duress, could you please refund me back to the donation address? 


CCNCCN  |  https://etherscan.io/tx/0x3aa90ad6e2ecf58499a24145b53a8b39062bd5543f1ce7823956d11e13e4bcec


Many Thanks,
CCN

I'm curious ... did you get a refund?

I checked the address and It doesn´t seem so till now.

Hey Felix, is there any way I can get on the testnet?

the list is full right now as far as i remember

[PerfectCoinSeeker]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

[fracas]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

+1

Don't make rich people (BTC\XRB holders) richer...

[MrAhab]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

+1

Don't make rich people (BTC\XRB holders) richer...

The point is for STONE to succeed, not be a do gooder and make poor people more well off.

[fracas]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

+1

Don't make rich people (BTC\XRB holders) richer...

The point is for STONE to succeed, not be a do gooder and make poor people more well off.

Fair distribution is a very important point.

[StoneSoup]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

+1

Don't make rich people (BTC\XRB holders) richer...

The point is for STONE to succeed, not be a do gooder and make poor people more well off.

Fair distribution is a very important point.

I honestly believe the people holding XRB and BTC are more likely to make this coin succeed. I think either this is a charity coin or it is a currency. Nothing stopping people getting a few RaiBlocks while they are cheap and getting in on this or just donating a small amount to the donations page. Lets not involve a 3rd party and make things more complicated. If posters want to give to charity later, then they are welcome to but don't ruin this coin over it.

Edit to add: I think if required, identity verification can be done to ensure that people are not double dipping. I just did just that for another coin and it works just fine.

[fracas]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

+1

Don't make rich people (BTC\XRB holders) richer...

The point is for STONE to succeed, not be a do gooder and make poor people more well off.

Fair distribution is a very important point.

I honestly believe the people holding XRB and BTC are more likely to make this coin succeed. I think either this is a charity coin or it is a currency. Nothing stopping people getting a few RaiBlocks while they are cheap and getting in on this or just donating a small amount to the donations page. Lets not involve a 3rd party and make things more complicated. If posters want to give to charity later, then they are welcome to but don't ruin this coin over it.

Edit to add: I think if required, identity verification can be done to ensure that people are not double dipping. I just did just that for another coin and it works just fine.

LOL

And for XRB it's the same:
https://www.raiblocks.club/representatives

TOP 1%
128,690,105 XRB
99.05%

Seems fair...

[K-Dub]

We should really try to distribute this more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as wide a diversity of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity.

Also, I have an Earn.com account and we may be able to distribute Stone more equally through their new Airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of Stone only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.

+1

Don't make rich people (BTC\XRB holders) richer...

The point is for STONE to succeed, not be a do gooder and make poor people more well off.

Fair distribution is a very important point.

I honestly believe the people holding XRB and BTC are more likely to make this coin succeed. I think either this is a charity coin or it is a currency. Nothing stopping people getting a few RaiBlocks while they are cheap and getting in on this or just donating a small amount to the donations page. Lets not involve a 3rd party and make things more complicated. If posters want to give to charity later, then they are welcome to but don't ruin this coin over it.

Edit to add: I think if required, identity verification can be done to ensure that people are not double dipping. I just did just that for another coin and it works just fine.

https://cdn.howmuch.net/content/images/voronoi-bitcoin_2-7b4d.png

LOL

And for XRB it's the same:
https://www.raiblocks.club/representatives

TOP 1%
128,690,105 XRB
99.05%

Seems fair...

Wow.  That's any eye-opening post, Fracas.

[zyle]

Appreciate if you could consider adding me to the testnet, if you need additional participants in the future

[Iced]

How long until distribution? I am in dear need of the money I donated, if it's not possible to get a refund, I would love a faster distribution 

My best advice for you in the future is, invest what you can invest, don't invest if you can't afford it.

I only invest what I can afford to lose.

[ActionJackson]

Is this now a scam or a serious project?

[PHI1618]

I donated 0,1 eth. Please check your pm box

[CCNCCN]

Hi I donated 13.4 eth while drunk a few nights ago (I know i'm not smart ;().  I am supportive of the mission, but.. that was more money than I could afford to donate.

I appreciate that donations are welcome but not required/expected/wanted in duress, could you please refund me back to the donation address? 


CCNCCN  |  https://etherscan.io/tx/0x3aa90ad6e2ecf58499a24145b53a8b39062bd5543f1ce7823956d11e13e4bcec


Many Thanks,
CCN

I'm curious ... did you get a refund?

I checked the address and It doesn´t seem so till now.

Hey Felix, is there any way I can get on the testnet?

the list is full right now as far as i remember

No... no refund and no communication.. its a bit worrying :/

[Black_bl]

Hi I donated 13.4 eth while drunk a few nights ago (I know i'm not smart ;().  I am supportive of the mission, but.. that was more money than I could afford to donate.

I appreciate that donations are welcome but not required/expected/wanted in duress, could you please refund me back to the donation address? 


CCNCCN  |  https://etherscan.io/tx/0x3aa90ad6e2ecf58499a24145b53a8b39062bd5543f1ce7823956d11e13e4bcec


Many Thanks,
CCN

I'm curious ... did you get a refund?

I checked the address and It doesn´t seem so till now.

Hey Felix, is there any way I can get on the testnet?

the list is full right now as far as i remember

No... no refund and no communication.. its a bit worrying :/

hmm, why did you invest over $13k to a completely unknown project? It was very risky from you. I hope your story will end good, but I wouldn't bet on it If i should. I invest gradually and this approach works fine form me A lot of people are under FOMO and think after they put their money away. Anyway keep us inform about a status this issue