[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities!

[DuskNetwork]

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

I am not sure how DUSK can limit someone from creating a token on its platform. How would anyone know beforehand that some token will be shit?

AML/KYC registration is build into the blockchain.

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[DuskNetwork]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

[DuskNetwork]

STO competition is heating up. Seen some good project leading currently. I am hoping DUSK will release platfrom on time otherwise allow someone else to gain market share. 

DUSK is a platform for STOs like Ethereum is for ICOs, so if anything those projects should wait for DUSK.

Unless you think going ahead with Ethereum for STOs is a good idea.

There are sto's on ethereum too. Ethereum doesn't limit anything they are ico or sto or just shitcoin. But being on ethereum chain doesn't give any confidence to users, you can make your own token in seconds very cheap. I think dusk network also trying to build this trust. Like this:

"Oh, it is on dusk network. That can't be bad or scam."

The main difference is that on Ethereum all tx are public, which is bad for STOs (also bad for tokens btw)

Why do you think it's a bad thing that token transaction on the Ethereum blockchain are public? I really like that transparancy where you could follow the money in detail.

Public transactions are unacceptable in regulated markets. Think about the consequences of moving millions on an exchange wallet. Even without selling a single asset, just by broadcasting such a tx on an open ledger you can manipulate the market and induce panic selling in a way that is completely illegal.

[viljy]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

Won't the network be anonymous?
I think it's a contradiction: KYC and anonymous network.
Can you explain?

[pynetx]

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

Let's say I launch a token on DUSK Network by going through the necessary AML/KYC process. Do the people participate in the sale have to verify themselves too or it's up to me to decide?

[Makkara]

The idea is that what your data is safely transmitted rather than being anonymous. At least this is what i got by readings the purposes of the network. Correct me if im wrong.

[nhathongkehoc]

The idea is that what your data is safely transmitted rather than being anonymous. At least this is what i got by readings the purposes of the network. Correct me if im wrong.

Your understanding is correct, so there is no need to correct you.
But, the DUSK team might adjust their original plans, so you should keep following the topic for more updates.

[Altcoinrusher]

What are the current plans and activities of the team to ensure a mainstream adoption to the platform would materialize?

[wissy]

With the help of this theme, the project has become more understandable, it already has 100 pages, the community is expanding and it’s great. We are all waiting for market recovery, I hope next year will be better for crypto than this 2018.

Pretty sure we have just seen the bottom at 3500, don't think we will go down much more ..

I was pretty sure when we have seen 5500 that was the bottom now i can't know anymore. 3500, wow it is %83 lower than the top, amazing and also painful.

Its basically impossible to predict now because it sure doesnt feel like its gonna end, especially if you are holding a lot of bitcoins. You can feel there is a lot of pessimism going on right now and i just hope Dusk team are resilient nought to go trough that.

[king_of_alts]

What are the current plans and activities of the team to ensure a mainstream adoption to the platform would materialize?

I think it is impossible for an new project to achieve mainstream adoption. Especially when not even BTC has done it.

[niklasmato]

With the help of this theme, the project has become more understandable, it already has 100 pages, the community is expanding and it’s great. We are all waiting for market recovery, I hope next year will be better for crypto than this 2018.

Pretty sure we have just seen the bottom at 3500, don't think we will go down much more ..

I was pretty sure when we have seen 5500 that was the bottom now i can't know anymore. 3500, wow it is %83 lower than the top, amazing and also painful.

everybody needs to relax and prepare your fiat to buy. when it will go up it will be fast, really fast.

BTC is bouncing on the 3.x level ... it happened twice already so that does seem like a bottomed out value.
It also calculates to the -80+% drops we have seen in the past.

[jonnytracker]

What are the current plans and activities of the team to ensure a mainstream adoption to the platform would materialize?

I think it is impossible for an new project to achieve mainstream adoption. Especially when not even BTC has done it.

Despite price drops, BTC seems to be doing well, and mainstream is catching up..

[kraterion]

What are the current plans and activities of the team to ensure a mainstream adoption to the platform would materialize?

I think it is impossible for an new project to achieve mainstream adoption. Especially when not even BTC has done it.

Despite price drops, BTC seems to be doing well, and mainstream is catching up..

Are you sure? Lightning network's nodes have thousand and thousand of btc in them? Nope! I don't see mainstream adoption till lightning network will work like a clock with thousand of nodes opened and millions transactions on it (since it's the wat Bitcoin will scale)

[o48o]

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

You mean that the person who launch the token in the dusk network has to do build in kyc? (still haven't got a clue how that works). And the person buying the token is probably required to do the kyc by the exchange that trades the token?

[PS92]

With the help of this theme, the project has become more understandable, it already has 100 pages, the community is expanding and it’s great. We are all waiting for market recovery, I hope next year will be better for crypto than this 2018.

Pretty sure we have just seen the bottom at 3500, don't think we will go down much more ..

Could we please hit 3000 and then go up?

[Token Williams]

With the help of this theme, the project has become more understandable, it already has 100 pages, the community is expanding and it’s great. We are all waiting for market recovery, I hope next year will be better for crypto than this 2018.

Pretty sure we have just seen the bottom at 3500, don't think we will go down much more ..

I was pretty sure when we have seen 5500 that was the bottom now i can't know anymore. 3500, wow it is %83 lower than the top, amazing and also painful.

everybody needs to relax and prepare your fiat to buy. when it will go up it will be fast, really fast.

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

[MandatoryOption]

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again. 

[bitcoin-shark]

the interest in the project by the community is growing rapidly, i believe that when the market will have a minimum of stability even the investments will return to grow rapidly, the project is valid...

[Frank37]

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again. 

But new people for the quick money will enter crypto again, if the next bull run happens. 

[belechau]

Both new people and those who return after the hard days. What I am analyzing today is more related to the way Icos behave in bad times, because the financial situation of the market is reversible soon, but the way of acting of each team and the commitment in the projects is decisive