[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 147.

levyashin

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Activity: 980

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$CYBERCASH METAVERSE

Quote from: tudor_simion on September 27, 2018, 06:39:34 AM

Quote from: beeelzebub on September 27, 2018, 03:10:29 AM

Dusk network will support smart contract and tokens with complete privacy. Am i understanding correctly?

You understand correctly. They will be completely anonymous. And we hope that they are safe!

Wow, that means this can be huge.

A complete anonymous network with a smart contract extension. It is unique, and a necessary one.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: LastHiT on September 27, 2018, 05:57:21 AM

That is very understandable, I'm sure the devs would make the necessary testings before they release the mainnet to avoid any untoward issues.

Absolutely!

pynetx

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Activity: 798

Merit: 262

Quote from: DuskNetwork on September 26, 2018, 02:44:19 AM

Quote from: pynetx on September 26, 2018, 01:56:24 AM

DUSK's use case is not just for the payments only. So, monero and dusk differ in many ways.

That's correct, Monero is mainly used for payments while we will offer much more! Dusk network is a network and as such has a very sharp focus on confidential data transmission. This means unidirectional atomic transaction (transfer of value), bidirectional atomic transactions (purchase of asset - you give money and receive an asset in return) and bidirectional time-unbound transactions (basically streaming, audiovisual calls and conferencing, etc)

This is the simplest explanation anyone can read to know more about the dusk network.

zgrdyg

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Activity: 602

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Quote from: beeelzebub on September 27, 2018, 03:10:29 AM

Dusk network will support smart contract and tokens with complete privacy. Am i understanding correctly?

If you understand it correctly, dusk has unlimited potential for growing as far as i can see.

o48o

legendary

Activity: 3052

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Leading Crypto Sports Betting & Casino Platform

Quote from: Rigorous on September 27, 2018, 05:59:26 PM

Quote from: Amelie Poulain on September 27, 2018, 12:14:28 PM

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

Why did Waves not become popular? Too many people already using Ethereum? That could become a problem for Dusk. Even if their tech would be better, the best tech does not always win. It is incredibly hard to unseat a platform that has almost a monopoly. How do you convince people to switch from the platform they are used to?

Imho Waves was aiming too low to begin with, and at the start, having roots in nxt coin, they were mainly interested in the tokenisation and the fiat gateway. Not sure what theyare doing now though.

Dusk on the other hand seems to be doing something that has not been done before and having such a bright team, i really think they have an edge on delivering and edge on gaining a monopoly on their field.

Makkara

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Everything about this project is going to be released under github to be publicly available for scrutiny right?

Frank37

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Quote from: Rigorous on September 27, 2018, 05:59:26 PM

Quote from: Amelie Poulain on September 27, 2018, 12:14:28 PM

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

Why did Waves not become popular? Too many people already using Ethereum? That could become a problem for Dusk. Even if their tech would be better, the best tech does not always win. It is incredibly hard to unseat a platform that has almost a monopoly. How do you convince people to switch from the platform they are used to?

It will be a hard way, yes. You can see it everywhere, also at operating systems or browsers. The best are not the winner today.

Rigorous

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Quote from: Amelie Poulain on September 27, 2018, 12:14:28 PM

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

Why did Waves not become popular? Too many people already using Ethereum? That could become a problem for Dusk. Even if their tech would be better, the best tech does not always win. It is incredibly hard to unseat a platform that has almost a monopoly. How do you convince people to switch from the platform they are used to?

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: tudor_simion on September 27, 2018, 06:39:34 AM

Quote from: beeelzebub on September 27, 2018, 03:10:29 AM

Dusk network will support smart contract and tokens with complete privacy. Am i understanding correctly?

You understand correctly. They will be completely anonymous. And we hope that they are safe!

then the dusk network will support the smart contracts and tokens, I deduce somehow similar to eth, the wallet has been released and team are testing on it the mainnet, good many wonderful news...

wissy

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Activity: 658

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Quote from: aveon on September 27, 2018, 02:13:49 PM

Quote from: lvsca on September 27, 2018, 12:34:10 PM

Quote from: Amelie Poulain on September 27, 2018, 12:14:28 PM

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

different token betwen ethereum and waves is in contract scrypt. waves is simple contract, you can't custom it as like as you want - like untradeable - but, in ethereum you can.

With good start capial and team you can do all of it without ETH platform, but at leasrt one of you should probably be a genius to do that.

Technical stuff are usually complicated, they demand more knowledge and a lot of testing.

aveon

member

Activity: 434

Merit: 10

Quote from: lvsca on September 27, 2018, 12:34:10 PM

Quote from: Amelie Poulain on September 27, 2018, 12:14:28 PM

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

different token betwen ethereum and waves is in contract scrypt. waves is simple contract, you can't custom it as like as you want - like untradeable - but, in ethereum you can.

With good start capial and team you can do all of it without ETH platform, but at leasrt one of you should probably be a genius to do that.

lvsca

sr. member

Activity: 1792

Merit: 293

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Quote from: Amelie Poulain on September 27, 2018, 12:14:28 PM

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

different token betwen ethereum and waves is in contract scrypt. waves is simple contract, you can't custom it as like as you want - like untradeable - but, in ethereum you can.

Amelie Poulain

full member

Activity: 518

Merit: 101

Quote from: kraterion on September 27, 2018, 11:40:27 AM

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

The waves didn't reach the popularity what I was hoping, with each passing day less and less projects create tokens at their platform - although their idea was wonderful.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: DuskNetwork on September 27, 2018, 04:25:53 AM

Quote from: magisterr on September 27, 2018, 03:58:35 AM

What is this STO? Can you explaine? And at first this will be ERC token and than you will swap to native coins When maiinet launch?

You can read more aboutt ICO's vs STO's here! And yes, DUSK will start out as an ERC20 tokens until the mainnet launch where the ERC20 equivalent must be swapped to the native DUSK token.

So I can safely assume that it will work like Swarm and Waves where you just issue tokens without the need of a smart contract? I always wondered how it works for Waves for example (Swarm just issue tokens based on Stellar's blockchain)

king_of_alts

member

Activity: 476

Merit: 10

Quote from: iad_xo on September 27, 2018, 07:43:01 AM

is DUSK planning to have master node architecture to rewards node owners?

they could reward nodes that participate in mixin coins but I don't know if masternodes are planned.

belechau

full member

Activity: 686

Merit: 100

Quote from: LastHiT on September 27, 2018, 05:57:21 AM

Quote from: DuskNetwork on September 27, 2018, 04:03:51 AM

Quote from: o48o on September 26, 2018, 11:42:05 PM

So, i am puzzled by the roadmap and trying to figure it out.... The wallet comes before the testnet... I thought you needed a testnet for a wallet... How does that work? Also what is a devnet?

You're correct! The wallet will be used to test the functionality of the network and will be lacking a GUI for now as there's no need for an average user to use the wallet before mainnet launch. A devnet is required to test the core features of the platform before the launch of the testnet/mainnet to make sure the critical sections of the platform are secure and bug-free.

That is very understandable, I'm sure the devs would make the necessary testings before they release the mainnet to avoid any untoward issues.

In the script, what is the forecast for launching Mainet for testing, is there any kind of volunteer participation for this to happen?

iad_xo

sr. member

Activity: 448

Merit: 250

is DUSK planning to have master node architecture to rewards node owners?

loup

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Activity: 462

Merit: 100

Quote from: LastHiT on September 27, 2018, 05:57:21 AM

Quote from: DuskNetwork on September 27, 2018, 04:03:51 AM

Quote from: o48o on September 26, 2018, 11:42:05 PM

So, i am puzzled by the roadmap and trying to figure it out.... The wallet comes before the testnet... I thought you needed a testnet for a wallet... How does that work? Also what is a devnet?

You're correct! The wallet will be used to test the functionality of the network and will be lacking a GUI for now as there's no need for an average user to use the wallet before mainnet launch. A devnet is required to test the core features of the platform before the launch of the testnet/mainnet to make sure the critical sections of the platform are secure and bug-free.

That is very understandable, I'm sure the devs would make the necessary testings before they release the mainnet to avoid any untoward issues.

Of course, if there are those kind of problems once its working the damage would be much bigger.

tudor_simion

member

Activity: 349

Merit: 12

Quote from: beeelzebub on September 27, 2018, 03:10:29 AM

Dusk network will support smart contract and tokens with complete privacy. Am i understanding correctly?

You understand correctly. They will be completely anonymous. And we hope that they are safe!

LastHiT

member

Activity: 182

Merit: 10

Quote from: DuskNetwork on September 27, 2018, 04:03:51 AM

Quote from: o48o on September 26, 2018, 11:42:05 PM

So, i am puzzled by the roadmap and trying to figure it out.... The wallet comes before the testnet... I thought you needed a testnet for a wallet... How does that work? Also what is a devnet?

You're correct! The wallet will be used to test the functionality of the network and will be lacking a GUI for now as there's no need for an average user to use the wallet before mainnet launch. A devnet is required to test the core features of the platform before the launch of the testnet/mainnet to make sure the critical sections of the platform are secure and bug-free.

That is very understandable, I'm sure the devs would make the necessary testings before they release the mainnet to avoid any untoward issues.

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 147. (Read 145674 times)