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

[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!

[1714026544]

1714026544

[1714026544]

1714026544

[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