Welcome to the new era of privacy.
What is the DAPS Project?DAPS (Decentralized - Anonymous - Payment - System) aims to be the world's leading privacy protocol.
DAPS is a planned fully private blockchain network that will include a
unique work algo, staking, and masternodes. DAPS is planned to be the first fully private blockchain that preserves the “trustless” status of traditional blockchains, utilizing an in-house PoW algo called Proof-Of-Audit. The DAPS coin mainnet is currently in development.
The DAPS Project is the open organization that we have created to organize and maintain the development path for the DAPS protocol. We represent all people. Please consider joining our team if you're passionate about blockchain like we are.
Read more about the DAPS governance and Project structure on the Team page. You can even apply to join directly!Anyone is free (and welcomed!) to become a developer, a contributor, or an adviser. We have roles from Development, Media Team, International outreach, and Moderation. All official members must follow the code of conduct, which ensures a level-headed and professional attitude is kept at all times. We have a written governance and NDA requirements. Our team represents some of the best in cryptocurrency.
All DAPS Development team members or DAPS core members will be ID'd in the same process as Know-Your-Customer compliance is followed. We call this
Know-Your-Developer, and have written such requirements into the long-term DAPS governance. This KYD process also protects the privacy of vetted members with our Privacy Policy.
We believe the written governance of DAPS combined with the Know-Your-Developer process applied to all DAPS team members with any access protects members of the community as well as the integrity of the development.
The DAPS governance and KYD process sets us apart from even top-ranked altcoins.
Our team is known as one of the most professional and helpful in this industry, and we are always looking for more members to bolster our ranks.
Why DAPS? In traditional blockchains, the users are exposed to analytics. Groups around the world use this data to track cryptocurrency users. This threat will only grow in time. We aim to preserve everyone's right to control their finances as they see fit.
DAPSDAPS prides itself on honesty, transparency and community.
Our goal is to secure financial assets from intrusion and improve the accessibility of cryptocurrency to global users.
Innovative outreach, mass adoption, and developing an ecosystem for others to contribute to blockchain is our long-term goal.
We believe in privacy, as well as helping people help themselves.
The main net launch date has not been set, and DAPS is being built right now.
DAPS TOKEN SPECSERC-20 BasedBlock Time/Confirms/Spending: ETH-based
Total Supply: 60,000,000,000
DAPSCOIN SPECSBlock verification: PoA/PoS/MN
Proof-Of-Audit algo: Unique
Proof-of-Stake algo: PoSV3
Block time: 1 minute
Block reward: 1050 DAPS
Founder fee per block: 50 DAPS
Founder fee [block fee] usage: Monthly airdrop fund, development fund, other compensation to team
EFFECTIVE BLOCK REWARD: 1,000 DAPS
BLOCK REWARD SPLIT: 900 MN/PoS, 100 PoA miners
SEE-SAW MN/PoS REWARD: 60/40 MN/PoS reward split, rebalance up to maximum of 40/60 MN/PoS
DAPS INITIAL COIN SUPPLY: Maximum 60,000,000,000
BLOCK EMISSIONS LIMIT: 10b
Years of emissions: ~16 years
Approximate annual inflation: 4-12% [Staking; factor of difficulty+luck], or ~550 million DAPS per year until 10b emissions cap is reached.
MASTERNODE COLLATERAL: 1,000,000 DAPS
CONFIRMS TO SPEND: 4 blocks
CONFIRMS TO STAKE: 200 blocks
Chain features:Proof-Of-Audit – Our unique on-chain solution to the trust problem of private crypto networks.
RingCT – Implement the world’s leading privacy protocol, and enable all features since Trust issue will be addressed.
PoSv3 – Fair and energy-efficient, prevents rich from getting richer.
Masternodes – use 24/7 online collateralized nodes to augment chain and work as service nodes.
Multinodes – More than 1 Masternode per instance.
Mandatory TOR/OBFS4 node relays – Nodes/wallets will have mandatory TOR/OBFS4 relays, allowing connection in areas where even TOR is unavailable.
Stealth Addresses – Mandatory stealth address with optional public address system, allowing users to optionally track publicized spending.
Other features:Cross-chain liquidity – A future focus on atomic swaps and innovative cross-chain liquidity solutions.
DAPS Ecosystem & World – Remittance solutions, a full scale Freelancer-meets-GoFundMe project, and other initiatives will be undertaken, to spread DAPS with real usage.
MARKETS
CRYPTOPIA
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FdrkKHye.png&t=665&c=HUOnNChyXfWKew)
BLEUTRADE
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F8kEBpqf.png&t=665&c=5IVYJLF07Ubq4Q)
FORKDELTA
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F9uzZKPk.png&t=665&c=Tcm9TvZJAR1Avw)
ETHERDELTA
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FqZh8mEI.png&t=665&c=mjMGCo0jcGSLOg)
This thread will be one of the main hubs for DAPS updates and discussion for BCT-based users.
I activated self-moderating to prevent people from posting fake and/or malicious links.
Any link, offer, giveaway or update regarding DAPS outside of this post or our official channels should be considered untrustworthy.
Do not give away your private keys to any individual for any reason. Feel free to yell at me, talk badly, etc as long as it's within the forum rules.
Disclaimer: Donations will prioritize funding development, with exchanges and other expenses as secondary priorities. I am the current Project Coordinator of the DAPS Project, tasked to carry out the ideas and build the project into a professional operation.
Let's make DAPS great!