Topic: [ANN] [DMC]Tree-Graph+CryptoNote+Ring—CT+Bulletproofs+Dandelion+Smart contract - page 3. (Read 2446 times)

https://medium.com/dmc-project-community/darma-cash-ppos-open-beta-test-97ed6a8b0fd6   Darma Cash PPOS Open Beta Test

DARMA Project Monthly Report #3

Link: https://medium.com/@jianggaoyi88/darma-project-monthly-report-3-7a724a7ae582

Hello everyone,

Here are some recent project progress of DarmaCash:

1. The new coronavirus has really affected some of our work. Due to our early neglect of the virus, our team has focused part of our efforts on protecting the health of team members in the past two weeks. At present, we have made preparations in pathology, prevention, materials and other aspects, and daily supplies can be provided to the team for 8 months.The whole team has returned to work, so community members and investors don't have to worry.
Thank you very much to the members of our Chinese community, who keep reminding us of the things we need to pay attention to, and thank our friends in India for helping us buy some drugs that are said to have special effects, which are of great help to us.
2. A very important milestone has been completed at DarmaCash project and our team celebrated it yesterday. Let's talk about it briefly:
* The PoW consensus based on BLOCK-DAG has been successfully upgraded to the PoW+DPoS consensus internally. Since DarmaCash's PoS is an offline security PoS mechanism with mining pool feature, we rename this DPoS as PPoS. Of course, you are welcome to put forward a better name for our PoS system before our official version is released. After the launch of PPoS, we will develop and evolve the consensus. In the future, we will completely eliminate PoW. The new PPoS will be safer, fairer, greener and more decentralized.
* The PPoS of DarmaCash is easy to operate, and the mobile APP can buy tickets directly to do the PoS operation. PoS mining pool is with low coin threshold and has no node restrictions. Anyone can build the PoS mining pool without permission, so the recent events of the Steem project will not happen on the PPoS of DarmaCash.
* We have decided to focus on mobile wallets, so web wallets will not add new features in the near future and PC wallets are removed from potofolio  for the time being. This decision was made because most people already own Android or IOS phones and our goal is to improve the w

Thanks for our community member Solensson who just shared his experience of running testnet DPOS and summarized those details in his report, as below:https://medium.com/dmc-project-community/a-dpos-test-report-from-community-members-445d5ea81fb0
btw don't forget to follow our medium for more updates about DMC.

【updates】the dpos test is ongoing：
https://cdn.discordapp.com/attachments/636496895774031884/687412151480090670/unknown.png

http://

Hi community,

Please follow our medium and get more updates

https://medium.com/dmc-project-community/darma-cash-2020-2-dpos-were-on-our-way-b69d335584a5

Dear Darma Cash community, testnet is DPOS testnet is working successfully and will be released for the community to test very soon.

P.S : There are rewards for setting up DMC nodes during the testnet, want to you know the details?

Join Discord: https://discord.gg/9K7yhTv
$DMChttps://twitter.com/CashDarma/status/1236209837911846912

Dear Darma Community,
The web wallet has been optimized. You are welcome to participate in the test and submit bugs. For confirmed bugs, we will give DMC rewards. https://wallet.darmacash.com

Join Darma cash Discord to report bugs: https://discord.gg/9K7yhTv

$DMC

https://discordapp.com/invite/9K7yhTv

Good support by devs. Any further information in March 2020

We have published Android Mobile Wallet source code. If you are interested you, please check at https://github.com/darmaproject/darma_android/releases/tag/v1.2.1

Darma Cash first monthly report：https://medium.com/dmc-project-community/darma-cash-2020-1-the-best-gift-to-the-encrypted-world-7255679dad61

IOS wallet has been released in the apple store, please search "Darma wallet" to download, support chinese-english

DPoS function is under test, progress is under track. By the way parameters are only for test.

Regarding on the the topic of anonymity at DMC world, we will implement it in three parts:
1. the mainnet will follow the anonymous framework of XMR.
2. The anonymous token (DMC here will use the concept of "colored coins", similar project is btc based omni-usdt) implements and inherits all the anonymous characteristics of XMR.
3. The anonymous smart contract will use plonk to encrypt the necessary information. It will be the world first real anonymous smart contract.

Hello everyone,
All the members of the DMC team have come back from vacation, and I hope you have a happy Christmas like us.
The DMC team will focus on our project this year, and DMC is a sustenance for our career and faith.

At present, the DPoS function has successfully entered the second round of testing, although we have encountered some difficulties, but have been solved in time. In fact, we redefined DPoS, and we should call it DDPoS (decentralized delegation proof of stake) because our nodes don't have any limitations.

Regarding on anonymous DeFi topic, our development progresses are divided into three phases:

The first phase is to add smart contract support under Monroe's framework, including the running environment, the conversion between utxo and account model, wasm oracle and smart contract development environment, which is an extremely huge task and takes a lot of time. Fortunately, after 8 months of preparation, we have completed most of the work.

The second phase is try to merge plonk into the smart contract, our team memeber have done a lot of investigation and begun to do the relevant dev work.

The third phase is to combile the prediction scheme and carry out DeFi business, which is our ultimate goal, all our day and night work is for the DeFi, our financial experts have done a lot of research.

We cann't wait to see the success of DMC. God bless us！

DMC's IOS mobile wallet needs community help. We need an available company developer Apple account to publish the wallet app. The DMC team will provide a reward of 50,000 DMC. DM us if you can provide us a favor.

The DMC project team has decided that Smart Contract will use a WASM-based virtual machine and the latest zero-knowledge proof algorithm (plonk). We will continusly provide updated crypto libraries to secure the ease use of SC. DMC SC supports C/C++/GO language and provides a complete development environment/Compiler.

Recently, We have a new team member on board who comes from the Bay Area and the University of California, Berkeley. He is familiar with Japanese and Chinese. He is also good at communication and we expect DMC project informaiton (doc, progress, news) will be more transparent in the future with his skills involved.

thanks