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Author Topic: [ANN] NIDRO-AFD: A Secure and Reliable Stablecoin  (Read 102 times)
karl2345 (OP)
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October 10, 2025, 03:57:52 PM
Last edit: October 10, 2025, 06:06:21 PM by karl2345
 #1

🚀 NIDRO-AFD – A Next-Generation Privacy-Focused Stablecoin Built on Its Own Blockchain
⚡ Secure • Scalable • Transparent • Community-Governed



📣 Hey everyone! 📣

We're more than excited to have you on this channel and part of this community.  
This is our chance to change the entire ecosystem of digital money — making it more secure, privacy-focused, and free from company or government control.



🌍 THE PROBLEM  
The digital economy is growing faster than ever, yet most currencies still suffer from:
  • Centralized control by companies or governments.
  • Lack of real anonymity and financial privacy.
  • Unstable values and dependency on volatile fiat markets.
  • Limited scalability that prevents true mass adoption.



💡 THE SOLUTION — NIDRO-AFD  
NIDRO-AFD is a stablecoin built on its own blockchain, combining the best of performance, privacy, and governance.

Key Features:
  • Scalability & Performance – comparable to Solana, using Proof of Stake + Proof of History for fast and secure validation.
  • Anonymity – enhanced privacy inspired by Monero’s design, protecting both sender and receiver data.
  • Stable Value – pegged to the Swiss Franc (CHF), representing a globally respected and transparent economic base.
  • Community Governance – built-in on-chain voting system allows users to choose future pegged currencies or upgrades.
  • Secure External Bridges – coins can be purchased through community-approved third-party platforms that provide on-chain proof for every payment.

How It Works:  
When a valid payment proof is sent through the bridge, the external money is burned, and the user receives their NIDRO-AFD coins directly.  
The bridge APIs — like the pegged currency itself — can be changed through community votes.



🔗 TECHNICAL OVERVIEW
  • Blockchain Type: Independent Layer-1
  • Consensus: Proof of Stake + Proof of History
  • Anonymity Layer: Based on Monero-style cryptography
  • Stable Peg: CHF (Swiss Franc)
  • Governance: Fully on-chain voting system

💻 Source Code (GitLab): https://gitlab.com/nidro1/NIDRO-AFD



🧠 BUG BOUNTY PROGRAM  
We currently have an open bug bounty program.  
Search for vulnerabilities or build tools that enhance the project — and receive a reward in NIDRO-AFD coins, depending on the importance of your contribution.  

All rewards will be distributed at the launch of the Genesis Block.  
Be among the first veterans of this project — your skills will shape the foundation of NIDRO-AFD.



🎯 VISION  
NIDRO-AFD is more than just a currency. It’s a movement to return control to the people — building a secure, private, and transparent digital economy.  
Every transaction, vote, and contribution strengthens a system owned by the community itself.

Be smart, stay secure, and be part of the revolution.



🔒 LINKS  
🌐 Source Code  
📘 (Whitepaper coming soon)  
💬 Telegram group  

This post is for informational and community purposes only. NIDRO-AFD is a decentralized project without centralized ownership or control.
gluedog
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October 10, 2025, 07:09:50 PM
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Ambitious, but right now it's promises. To be taken seriously, show CHF peg and redemption mechanics with licensed custody and audits, how privacy coexists with redemptions and compliance, real bridge architecture and signer set, and a live testnet with explorer and third-party audit.


Also pay the bounty now, not after "genesis." Ship this and you'll get testers.

How  do some people have images in their signatures yet the rules say "Images not allowed" ?
karl2345 (OP)
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October 11, 2025, 08:13:27 AM
 #3

We don't have a redemption mechanism, primarily due to legal issues and our commitment to anonymity. If we implemented one, the blockchain would not be as decentralized or privacy-focused as it is now. Meanwhile, the bridge architecture is fully constructed, and testing will begin once we decide which third-party payment APIs to use.

Additionally, we have attempted to secure audits without upfront payment, offering auditors a significant sum after the blockchain launches.No luck.

As for the bounty program you mentioned, it currently operates this way until the consensus mechanism of the blockchain is fully tested and free of vulnerabilities. Once this phase is complete, the genesis block will be created. After that, the bounty program will shift to instant payments for anyone who contributes.
karl2345 (OP)
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October 12, 2025, 06:49:35 AM
 #4

Ambitious, but right now it's promises. To be taken seriously, show CHF peg and redemption mechanics with licensed custody and audits, how privacy coexists with redemptions and compliance, real bridge architecture and signer set, and a live testnet with explorer and third-party audit.


Also pay the bounty now, not after "genesis." Ship this and you'll get testers.

So, what do you think? Have I answered your suggestions?
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