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

[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.

[1715494933]

1715494933

[1715494933]

1715494933

[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.