[ANN] Discreet - Future-proof privacy DAG L1 (Testnet launched Nov. 4th, 2022)

[Discreet]

Discreet

Discreet is launching via IDO on Saturday, June 5th 2021 at 12:00 CET
ICO hosted on https://discreet.net
Twitter: @discreet

As of Nov. 4th, 2022 the Discreet α-testnet is live!

Discreet was designed to bring together every meaningful innovation since the inception of blockchain into a single powerful platform, with a focus on true privacy, speed and scalability. Discreet aims to address the shortcomings of previous privacy coins, and ensure long-term privacy for its users. The project combines state-of-the-art privacy technology that allows users to create fully confidential contracts directly on the Discreet DAG.

Discreet takes the best features of projects like Bitcoin, Monero, and Ethereum, and innovates further to create the world’s most private, secure and scalable network allowing for expansive throughput and limitless applications.

Discreet Features:

• Directed Acyclic Graph (DAG)
• Novel Aleph consensus implementation
• Triptych implementation
• Dandelion++ integration for network anonymity
• Previously unseen consensus throughput and speed (100,000 tx/s)
• Negligible transaction fees (~0.01 USD)
• Trustless Autonomous Compute Nodes (TACN)
• Fully anonymous contracts, validated by Bulletproofs+
• Discript: programming language for the blockchain
• Paranets
• Untraceable payments
• Unlinkable transactions
• Resistance to blockchain analysis
• Fair token distribution and mining
• Utilitarian network
• Flexible new decentralized paradigm

Tokenomics
Total Supply: 90 million $DIS
60 million designated for ICO
20 million liquidity pool
5 million development wallet (unlocked)
5 million time-locked for five months



Technical paper: Click here to read the technical paper
Website: https://discreet.net
Telegram: https://t.me/discreetnetwork
Twitter: https://twitter.com/discreet

[1714975894]

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[1714975894]

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[1714975894]

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[BTCITA187]

what's token address?

[Discreet]

IDO launches on June 5th.  There's no public token address so far.
The IDO will be hosted on the website.

[pinoycash]

This look's promising But,
You say's privacy? so it means the developer team will be anonymous?

Any information on the softcap and hardcap?

[Discreet]

This look's promising But,
You say's privacy? so it means the developer team will be anonymous?

Any information on the softcap and hardcap?

The hard cap is 30,000 BNB, the soft cap is 14500 BNB.
The team is currently working on a new website (it is being developed as we speak), where a full roster of the team will be available.

If you have anymore questions feel free to share them here or e-mail us at lets@getdiscreet.org

// Discreet

[Discreet]

We might have posted this to the wrong section. I will ask a moderator to have it moved.
It is not a token, but a stand-alone DAG.

// Discreet

[Discreet]

The thread has been moved to the proper section. Thank you to the moderation team.

If you're interested we're launching our IDO in 3 days. I would highly recommend you read our whitepaper.

// Discreet

[Themadjohnwilliam]

This is just what crypto needs, something focused on anonymity and security.

Very interested to see where this project takes us. Once mainnet launches in 2022 I think this will be a top 100 contender easily.

[Discreet]

This is just what crypto needs, something focused on anonymity and security.

Very interested to see where this project takes us. Once mainnet launches in 2022 I think this will be a top 100 contender easily.

Thanks for your interest in the project.
Our IDO launches in less than 20 hours from now.

Price will start at 0.1 USD per Discreet token, and incrementally increase as the 60 day IDO gets closer to the end.

// Discreet

[xayan123]

Looks promising, Dev team doxxed?

[Discreet]

Looks promising, Dev team doxxed?

Thanks!

We get this question a lot, truth of the matter being as we're all backend devs (we've added an additional team member for WPF for the wallet), we haven't divulged much time into the website itself, mostly the whitepaper which outlines the technical advancements we've made.

However, the good news is that we now have a permanent React developer on the team who will "dox" (I personally don't like that word) the team, in the form of providing a roster. The website will be ready in 2.5-3 weeks time, so plenty of time if you want to verify the identities before considering participating in the IDO.

// Discreet

[wanganxiu]

This is a scam, please be careful. . . I was in the telegram group and asked how to buy, and the management kicked me out of the group... They sold coins and cheated money

[Discreet]

This is a scam, please be careful. . . I was in the telegram group and asked how to buy, and the management kicked me out of the group... They sold coins and cheated money

You were in Telegram spamming "What is the market cap of the coin" 60 times in a row, when the answer is, we do not answer market speculation questions, if you had cared to read the stickied comment, you'd know that we do not want anyone affiliated with the team speculating on market pricing. We're only here to answer technology related questions.

Also why would we kick you for "asking how to buy"? We'd appreciate any money raised for the LP.

That being said.

Announcement:
The Discreet token initial dex offering has now begun! Please visit https://ido.getdiscreet.org and use the form to acquire your tokens. It is paramount that you remember your seed phrase or private key to convert your tokens to mainnet tokens.

We spent a good amount of time designing our own proprietary IDO platform, so we hope you find it easy to use. We wish you all the best of luck in acquiring your tokens!

That being said, DYOR and read the whitepaper: https://github.com/DiscreetNetwork/TechnicalPaper/blob/master/Discreet.pdf

[tippytoes]

Not many projects are using the DAG technology here. The features are great especially the almost negligible transaction fees, however, it depends on the team how are they going to market this coin to the crypto community. Usually, the bottleneck is the adoption. And if it is not available in most exchanges, the adoption may not come easy.

Also, your website - https://getdiscreet.org/ is not yet up?

[Discreet]

Not many projects are using the DAG technology here. The features are great especially the almost negligible transaction fees, however, it depends on the team how are they going to market this coin to the crypto community. Usually, the bottleneck is the adoption. And if it is not available in most exchanges, the adoption may not come easy.

Also, your website - https://getdiscreet.org/ is not yet up?

Hey! Thanks for your interest.

The website is up - perhaps check again?
The IDO just started at https://ido.getdiscreet.org/ and we're on goal.

[ag54]

Hello Gentlemen,

I have just purchased some DIS by visiting your site Ido.getdiscreet.org, the transaction went through but nothing is showing in my metamask wallet, I think I need to add Discreet as a custom token, since this is something that will likely be encountered by new users, can anybody please advise on the info required to add Discreet as a custom Token on Metamask?

Thanks.

[Discreet]

Hello Gentlemen,

I have just purchased some DIS by visiting your site Ido.getdiscreet.org, the transaction went through but nothing is showing in my metamask wallet, I think I need to add Discreet as a custom token, since this is something that will likely be encountered by new users, can anybody please advise on the info required to add Discreet as a custom Token on Metamask?

Thanks.

Hey, at the final window. There's an "Add to Metamask" button that you can click after you've purchased your coins.
Please click that.

---

ATTN: As BNB price lowers we'll be adjusting the price per token, right now it's still at it's initial price, but it will go up soon to meet our soft cap.

// Discreet

[Discreet]

As a reaction to BNB price plummeting we'll be increasing the IDO price linearly to meet our soft-cap.

GitHub can be found here: http://github.com/DiscreetNetwork/
IDO can be found here: https://ido.getdiscreet.org/

[BTCITA187]

IDO launches on June 5th.  There's no public token address so far.
The IDO will be hosted on the website.

but your website is not working: https://getdiscreet.org
So what's the token address?

[koang]

The IDO has been a week, how much has been raised?
Any news about listing DIS on the CEX and DEX?

I am trying to get a grasp on the project and comparing it to others in the space,
Are there measures to protect investors? Tokenomics, Burn, liquidity lock plan, and audits.
And what about the marketing, any plan for Bounty?

[Discreet]

The IDO has been a week, how much has been raised?
Any news about listing DIS on the CEX and DEX?

I am trying to get a grasp on the project and comparing it to others in the space,
Are there measures to protect investors? Tokenomics, Burn, liquidity lock plan, and audits.
And what about the marketing, any plan for Bounty?

The DEX liquidity pool (locked) can always be found here:
https://bscscan.com/address/0x153ab47326A18209Cd24bBCDA4c5933714549e5E

So that amount is roughly 25% the total amount raised.

In regards to your other questions yes;
The contract has been published, open-source, and you can see the locked liquidity.
The tokens not sold will be burned, and not given to devs.

Not sure what you're talking about with bounty?

Oh yeah, new update: We hired 2 new developers this week.

IDO launches on June 5th.  There's no public token address so far.
The IDO will be hosted on the website.

but your website is not working: https://getdiscreet.org
So what's the token address?

Sorry, webflow is having some issues right now and one of the devs is solely focusing his time on a new website (he's a UX dev for he wallet).

For some reason their DNS is messing up so write: https://www.getdiscreet.org, and you'll get there. Within the week, the website will be replaced with a far superior one, that is multi-page.

[koang]

Not sure what you're talking about with bounty?

I mean Bounty Campaign, to promote your project.
Like Twitter campaign, Facebook campaign, Signature Campaign, etc.
This method will be effective to grow the community and spread the word about your project.
You can check here: https://bitcointalk.org/index.php?board=238.0

Btw, Thanks for your info

[muarip]

This is a scam, please be careful. . . I was in the telegram group and asked how to buy, and the management kicked me out of the group... They sold coins and cheated money

You were in Telegram spamming "What is the market cap of the coin" 60 times in a row, when the answer is, we do not answer market speculation questions, if you had cared to read the stickied comment, you'd know that we do not want anyone affiliated with the team speculating on market pricing. We're only here to answer technology related questions.

Also why would we kick you for "asking how to buy"? We'd appreciate any money raised for the LP.

That being said.

Announcement:
The Discreet token initial dex offering has now begun! Please visit https://ido.getdiscreet.org and use the form to acquire your tokens. It is paramount that you remember your seed phrase or private key to convert your tokens to mainnet tokens.

We spent a good amount of time designing our own proprietary IDO platform, so we hope you find it easy to use. We wish you all the best of luck in acquiring your tokens!

That being said, DYOR and read the whitepaper: https://github.com/DiscreetNetwork/TechnicalPaper/blob/master/Discreet.pdf

Very clearly a spam, don't think about this too much its his own fault. The team is very nice to receive the response that comes in this thread. What steps will happen next?

[ligor]

Total Supply: 90 million $DIS

Hello. But in the technical paper it is written that
"Discreet will have a total supply of 270 million $DIS."
 What to believe?

[Discreet]

Total Supply: 90 million $DIS

Hello. But in the technical paper it is written that
"Discreet will have a total supply of 270 million $DIS."
 What to believe?

90 million initial $DIS for sale in the IDO, an additional 180 million can be mined.
More info can be found in the whitepaper.

// Discreet

[Discreet]

Hello everyone.

Just wanted to give a status update on the project, Brandon, our CTO went on the Bad Crypto Podcast. And you can give it a listen here.

The IDO is going great - in fact so great that we have added 2 more developers to the project, as well as organized everything in a physical office (still a few people in the team overseas, but they plan a 3-month long visit).
The hardness assumption of Arcturus turned out to have been disproven, therefore we're going with Triptych instead, an example implementation can be seen here. The network will still be as secure as previously assumed, however the consequence of this is that the proof size will be slightly larger, unfortunate, but sometimes mathematics don't work out the way you hope them to.

Our website is also getting a fresh update start-July, with the core team outlined as well as FAQ, news, and other sections.

Hopefully, the project is still exciting to everyone, development takes time, but we're on track to meet every deadline mentioned on the current iteration of the website.

// Discreet

[koang]

Hello everyone.

Just wanted to give a status update on the project, Brandon, our CTO went on the Bad Crypto Podcast. And you can give it a listen here.

The IDO is going great - in fact so great that we have added 2 more developers to the project, as well as organized everything in a physical office (still a few people in the team overseas, but they plan a 3-month long visit).
The hardness assumption of Arcturus turned out to have been disproven, therefore we're going with Triptych instead, an example implementation can be seen here. The network will still be as secure as previously assumed, however the consequence of this is that the proof size will be slightly larger, unfortunate, but sometimes mathematics don't work out the way you hope them to.

Our website is also getting a fresh update start-July, with the core team outlined as well as FAQ, news, and other sections.

Hopefully, the project is still exciting to everyone, development takes time, but we're on track to meet every deadline mentioned on the current iteration of the website.

// Discreet

Sounds good, the Progress is being made
And when will you start marketing, so that as many people as possible are aware and know about what you are building
There are only 363 tele group members and 147 on Twitter, So far, a small number for a crypto community.

[Discreet]

Sounds good, the Progress is being made
And when will you start marketing, so that as many people as possible are aware and know about what you are building
There are only 363 tele group members and 147 on Twitter, So far, a small number for a crypto community.

This week we have reached out to several people we found were fit & proper to review the project and its merits, and we have a few videos & interviews coming out soon. Ideally, we'd like to start really amping up marketing once the new website is live, where the core team is listed by name and picture.

Then there's also the airdrop, where we're working on some verification software to make sure that new-comers (who hold no DIS token), are not bots.  For people already holding this, the amount distributed will scale linearly with your holdings.

Glad you're still interested in the project, we certainly are too, and we're pushing commits everyday!

[Discreet]

Hey everyone.

Good news.

Another CS graduate, and cryptographer added to the development team. Our website will eventually have a /jobs section, if you are a cryptographer looking for a job feel free to reach out at lets (at) getdiscreet (dot) org!

// Discreet

[Discreet]

On July 6th we'll have an interview with Girl Gone Crypto, our tech lead will get on her podcast and discuss the merits of our project. Make sure to tune in!

// Discreet

[koang]

This week we have reached out to several people we found were fit & proper to review the project and its merits, and we have a few videos & interviews coming out soon. Ideally, we'd like to start really amping up marketing once the new website is live, where the core team is listed by name and picture.

Then there's also the airdrop, where we're working on some verification software to make sure that new-comers (who hold no DIS token), are not bots.  For people already holding this, the amount distributed will scale linearly with your holdings.

Great, that makes sense

I like Airdrop but I prefer the  Bounty program, Bitcointalk is the largest crypto community,
BTT is a great forum to promote and see the benefits of the projects you develop,
You will find many potential promoters in this forum

[Discreet]

Part of the developer wallet funds 10% of initial supply, ~3% of final supply, is dedicated towards bounties.  

// Discreet

[Discreet]

Hey everyone,

A status update on the project:

Most of the core libraries in C are done for at the very least a testnet to be developed (additional C code needs to be written for DCN/TACNs).
Additionally, our new website went live today, it has the full team roster with names and biographies. Ther website is still considered in "beta" mode as there is some CSS adjusting needed for it to be perfect on every mobile device, but it should work flawlessly on a majority of them, but some tablets might experience problems for a day or two.

Check it out here: https://getdiscreet.org

I hope you're as excited about the project as we are.

// Discreet

[Discreet]

Dear everyone.

A bunch of fixes has been pushed to the website -- as well as some more FAQ stuff.
If you have any questions, feel free to ask them!

// Discreet

[Discreet]

UPDATE

Discript is being developed, the website is being improved, DiscreetCore is being finalized to begin network implementation of our testnet (still on track for scheduled launch).
23 days left in the first-phase pre-sale, for anyone interested in the project.

Aleph, the protocol our network is designed to run on, has a test network launch today, which might be worth checking out (please note that this is a seperate project, and does not inherently protect privacy). It's PoS based, which might lead to less decentralization, so it is not an accurate representation of how Discreet will perform, but it is cool technology nonetheless!

Check out the updated website!

Hope everyone has a nice summer.

// Discreet

[ljuni0rl]

Is this better than XMR ? Please prove me.

[Discreet]

Hey. Today we just recently updated our FAQ to comprehensively answer any question like that.

The FAQ can be found here: https://www.getdiscreet.org/faq

[Discreet]

EU just proposed legislation to ban privacy coins, however since Discreet has a transparency mode, nodes configured with this would be compliant with centralized exchanges and therefore Discreet is not in danger of not being listed, since the law only mentions service providers.

Some news:

• The wallet is being implemented, tested and cross-compiled for Windows/Mac OS/Linux. (see our Telegram for a sneek peak of this.)
• We've hired Henrik as Head of Research and he has already come up with some improvements to the protocol, leading to even faster speeds.
• ]We're still on track for our roadmap.
• There's only 8 days left of the Phase 1 of the IDO (https://www.getdiscreet.org/ido).
  

Hope you're as excited as we are!

Kindest regards,
The Discreet Team

[Discreet]

Soon only 24 hours left for Phase 1 of the Discreet IDO!
If you've been considering getting in, make sure to do it now at: https://getdiscreet.org/ido

// Discreet

[Discreet]

NOTICE
Last 17 hours of Phase 1 IDO
To participate, click here: https://www.getdiscreet.org/ido

Please read our technical paper/FAQ before buying so you know the product.

[Why you bully me]

How much longer is left for the IDO and how much is it per DIS right now and what was it at the start? Thanks!

[koang]

How much longer is left for the IDO and how much is it per DIS right now and what was it at the start? Thanks!

The pre-sale continues through the Testnet phase in 2021 and ends when Discreet launches its Mainnet next year (2022).
Time Remaining: 358 Days
Tokens Raised :   785.4 BNB
Check on the site:
https://getdiscreet.org/ido

[ljuni0rl]

are there any incentives for early adopters ? 1DIS =.11 cent early-stage price too excessive for the market cap of 270 market cap approximately? Is this better than XMR?

[koang]

are there any incentives for early adopters ? 1DIS =.11 cent early-stage price too excessive for the market cap of 270 market cap approximately? Is this better than XMR?

Anyone who purchases DIS during the IDO Pre-sale Phase One (or the first day of Phase Two) will be eligible for the airdrop
Unfortunately, the time to buy in order to be eligible for the airdrop ends on August 5 CET and 100,000 DIS has been distributed

Check the site and join their Tele group for more specific answers.
https://getdiscreet.org/faq
http://t.me/discreetnetwork

[Discreet]

are there any incentives for early adopters ? 1DIS =.11 cent early-stage price too excessive for the market cap of 270 market cap approximately? Is this better than XMR?

There are a number of advantages to Discreet that make it better as a real-world currency.

• A truly decentralized DAG (all current DAGs suffer a centralization problem of a selected verification comittee, typically based on Proof of Stake), and therefore truly decentralized/fair mining.
• A flat-fee rate for users, essentially you pay per byte in DIS, meaning if the market stays consistent, you can expect to pay consistent rates.
• Anonymity (Triptych) by default, with added support for what we call unshielded transactions to comply with centralized exchange listings.
• Transaction speeds that exceed VISA/Mastercard combined.

I hope your question was answered.

// Discreet

[Discreet]

Development Update

A couple of days ago we released a development update "mini-podcast" (6 and a half minutes long) to update our followers on the state of Discreet.
Listen to it here.

[Discreet]

Hey everyone!

We're really looking forward to next weeks development update as there has been some major milestones knocked out since the last one.
I'm just dropping by to let you know that Discreet is doing a Casascius-style physical coin, with tamper-proof holographic foil, that peel away to reveal a private key with the amount noted on the coin (5000, 10.000, 50.000, 100.000).

I just wanted to let you know that there is currently a free-to-enter giveaway going on for one of these physical coins.

If you're interested in joining click above.

Kindest regards,
Frederik
Discreet Team

[Discreet]

Hello everyone!

Quite a while since anything has been posted here!
We are very close to a testnet and would encourage everyone to check out the website.

https://discreet.net

It has had a redesign, and is way more functional now. Triptych and Bulletproofs are implemented, and the wallet-gui is a public repo now compileable for Windows, macOS and Linux.

The pre-sale is still in the early stages, so if you want to get some DIS (Discreet coin) for cheap, this is your chance.

- Discreet.

[Discreet]

Dear Bitcoin Talk.

It sure has been a while, since we last posted, we were not even remotely ready to launch a layer-1 but here we are, as of Nov. 1st, 2022 - as you're reading this - it is officially live, and functioning well!
You can still participate in the ICO (regulated under MiCA, but doesn't require KYC at the moment due to being under the 5 million CHF limit).

There's also some confirmed top centralized exchange listings, all very exciting news.

The new website URL is: https://discreet.net and we managed (through trademarks) to get the handle @discreet on Twitter.

The testnet is incentivized and will pay out rewards to all participants, regardless of bug finds or not, but currently we're at block height 84282 for the testnet, and there has been no halts or critical errors yet, so we're more than thrilled about launching this layer-1, built from scratch. If you need a reminder about what the project is about:

• 64 mixin, extendable up to 256 anonymity for every transaction
• Mixed transactions (Monero to Bitcoin style addresses) to keep track of public charity donations, and ensure mover wide coverage with local crypto compliance laws around the world. These funds can of course be anonymized again by sending them back to a confidential address.
• Aurem, is what we have dubbed our novel consensus mechanism, it is fast, based on AlephBFT, but uses reserve proofs with a committee of weighted participants to quickly verify blocks, with instant finality and speeds of up to (if needed) 86'000 TPS.
• Discript: Our on-chain programming language which is based on the eUTXO model proposed by Cardano, however with a Circom (zk-snark) implementation to make sure inputs and signals are encrypted. This also has the added benefit of the chain not being bloated, since you only submit proof of the calculation to the blockchain, not the actual contract in itself.
• More exciting stuff - join our Telegram.

I hope we get the chance to update this thread more, as this community has inspired so much of what has made Discreet a reality.

// Discreet