[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 139.

viljy

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Quote from: magisterr on October 04, 2018, 03:12:35 AM

Quote from: Jay2408 on October 03, 2018, 08:39:53 AM

Quote from: magisterr on October 03, 2018, 08:33:21 AM

They want to issue security tokens? But for security tokens you must have a lot of licenses, and I dont think that SEC or any other government structure allow issue tokens on anonymous platform ... Huh

From their FAQ section:

Is DUSK a security token?
No. DUSK is not a security because it presents a protocol-regulated inflationary mechanism and provides no profit or dividends whatsoever. It absolves the same role of Ether in the Ethereum ecosystem.

My question was in another. They will have smart contracts for creating tokens like Ethereum? But this is anonymous coin, so SEC will allow create security tokens on anonymous blockchain?

I suppose not. In general this is doubtful. On the other hand, the SEC does not have global power in the field of cryptocurrency.

magisterr

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Quote from: Jay2408 on October 03, 2018, 08:39:53 AM

Quote from: magisterr on October 03, 2018, 08:33:21 AM

They want to issue security tokens? But for security tokens you must have a lot of licenses, and I dont think that SEC or any other government structure allow issue tokens on anonymous platform ... Huh

From their FAQ section:

Is DUSK a security token?
No. DUSK is not a security because it presents a protocol-regulated inflationary mechanism and provides no profit or dividends whatsoever. It absolves the same role of Ether in the Ethereum ecosystem.

My question was in another. They will have smart contracts for creating tokens like Ethereum? But this is anonymous coin, so SEC will allow create security tokens on anonymous blockchain?

pynetx

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Quote from: jonnytracker on October 03, 2018, 12:07:51 PM

There are many anonymous blockchain , is this different from others ?

Most of them are just used as currencies whereas DUSK has many use cases.
You can see the comparison table here: https://dusk.network/faq/

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Quote from: aveon on October 03, 2018, 05:02:18 PM

Anyways, they started from ETH, right? What is the point to start based on ETH and then claim for independence? It'd be better to start everything aside from others, am I right?

If you check tezos, they did as you mentioned. But people discussed very long time it is a scam or not. So, it is good to have something on eth blockchain before mainnet is ready.

Makkara

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Quote from: Rigorous on October 03, 2018, 06:47:13 PM

How many people do you think are needed to get Dusk to mainnet? Because this seems quite a large undertaking, while the tech team is not that large. In comparison Cardano has 91 contributors on their Github and their are 26 people affiliated with Input Output.

You don't need that many people working on code to push it out for sure. Software development doesn't really work in the way "the more people you have coding the faster you finish" often having few programmers with a clear vision can get the work done in a reasonable time. And in this particular case you need to have people that knows what they are coding since the problems to solve are quite hard.

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Rigorous

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How many people do you think are needed to get Dusk to mainnet? Because this seems quite a large undertaking, while the tech team is not that large. In comparison Cardano has 91 contributors on their Github and their are 26 people affiliated with Input Output.

Trrrt

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Another new advisor have joined the team and he seems very competent. I think the team is an important part of the sucess of a project, even the biggest part I think. And the dusk network team seems very interesting, i think they can do something interesting.

aveon

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Anyways, they started from ETH, right? What is the point to start based on ETH and then claim for independence? It'd be better to start everything aside from others, am I right?

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Quote from: jonnytracker on October 03, 2018, 07:26:08 AM

So many data project, I wonder what is special with this one

I don't think that there are other projects out there which aims to create an ecosystem for private security tokens like Dusk. Feel free to prove me wrong of course

Margary

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Quote from: king_of_alts on October 03, 2018, 07:54:18 AM

Quote from: jonnytracker on October 03, 2018, 07:26:08 AM

So many data project, I wonder what is special with this one

The WP is very technical so maybe the team is trying to find new and different solutions.

Yes of course. Every day the team of this project is looking for new solutions to the problems that exist today. they process a large amount of information and create all the conditions for the development of their product. this is important.

jonnytracker

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There are many anonymous blockchain , is this different from others ?

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Quote from: Altcoinrusher on October 03, 2018, 06:21:45 AM

By observing how the team answers to the communities queries, I can surmise that the team knows what they are doing and and very knowledgeable in blockchain technology especially all about on this project. That is a good indicator.

It's rare nowadays one can encounter such level of professionalism among crypto projects. It's definitely a good sign.

o48o

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iad_xo

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Q2 next year for mainnet release. Do you think DUSK have enough resources to execute current roadmap?

Jay2408

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Quote from: magisterr on October 03, 2018, 08:33:21 AM

They want to issue security tokens? But for security tokens you must have a lot of licenses, and I dont think that SEC or any other government structure allow issue tokens on anonymous platform ... Huh

From their FAQ section:

Is DUSK a security token?
No. DUSK is not a security because it presents a protocol-regulated inflationary mechanism and provides no profit or dividends whatsoever. It absolves the same role of Ether in the Ethereum ecosystem.

magisterr

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They want to issue security tokens? But for security tokens you must have a lot of licenses, and I dont think that SEC or any other government structure allow issue tokens on anonymous platform ... Huh

loup

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Quote from: king_of_alts on October 03, 2018, 07:54:18 AM

Quote from: jonnytracker on October 03, 2018, 07:26:08 AM

So many data project, I wonder what is special with this one

The WP is very technical so maybe the team is trying to find new and different solutions.

I think they have a feature of transfering data safely that makes this project different.

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 139. (Read 145658 times)