[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 148.

DuskNetwork

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Activity: 474

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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.

DuskNetwork

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Activity: 474

Merit: 21

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.

magisterr

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Activity: 1372

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Quote from: DuskNetwork on September 27, 2018, 02:37:23 AM

Quote from: o48o on September 26, 2018, 02:46:51 PM

Would you say that Dusk is to Monero what Ethereum is to Bitcoin?

That's an interesting comparison, although on Ethereum it's possible to launch ICO's while on DUSK we're aiming for the STO's. Launching smart contracts on Dusk Network is something for the future and not our main priority as of now.

Regarding smart contracts on Dusk Network;
"Providing support for smart contracts translates almost directly into adding support for Turing-complete scripting on a blockchain. It is a very daunting task. Smart contract platforms present order of magnitude higher complexity than focused propositions because they need to support unforeseen use cases and need to scale by doing so. This is why smart contract platforms have geological release cycles, need outrageously high investments. We think that focused propositions with limited scripting capabilities are way more agile, especially if they follow the comparability principle of interoperation"

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?

beeelzebub

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

DuskNetwork

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Activity: 474

Merit: 21

Quote from: niklasmato on September 27, 2018, 01:01:34 AM

Hey thanks for this video, will have a closer look.
Is this a trustworthy kinda review or just a ico pitch?

This is definitely a trustworthy review, Jelle explains Dusk in a somewhat easier to understand way.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: o48o on September 26, 2018, 02:46:51 PM

Would you say that Dusk is to Monero what Ethereum is to Bitcoin?

That's an interesting comparison, although on Ethereum it's possible to launch ICO's while on DUSK we're aiming for the STO's. Launching smart contracts on Dusk Network is something for the future and not our main priority as of now.

Regarding smart contracts on Dusk Network;
"Providing support for smart contracts translates almost directly into adding support for Turing-complete scripting on a blockchain. It is a very daunting task. Smart contract platforms present order of magnitude higher complexity than focused propositions because they need to support unforeseen use cases and need to scale by doing so. This is why smart contract platforms have geological release cycles, need outrageously high investments. We think that focused propositions with limited scripting capabilities are way more agile, especially if they follow the comparability principle of interoperation"

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: magisterr on September 26, 2018, 09:21:55 AM

Last week co-founder of DUCK Jelle Pol took part at Blockchain conference in Kiev and talked about privacy.

https://twitter.com/DuskFoundation/status/1044519338324250624

And today Emanuele Francioni (Project and Tech Lead of DUCK) took part in conference in London

https://www.cefpro.com/forthcoming-events/technology-and-innovation-risk/#1524457105016-ca2de1f7-3f6b

And a week ago they was in Barselona forum

https://twitter.com/DuskFoundation/status/1042674569155432448

Seems their have a good marketing and a lot of events Roll Eyes

We're trying our best to get the word out, so far the responses have been overwhelmingly positive!

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: iad_xo on September 26, 2018, 07:18:12 AM

I read some where on DUSK, network offer Confidential security token registry. Can not find more details about that? any one explain?

That's correct! more information can be found in the following Medium article; https://blog.goodaudience.com/the-startup-dream-icos-vs-sto-s-f065fe803597

zgrdyg

full member

Activity: 602

Merit: 105

Quote from: niklasmato on September 27, 2018, 01:01:34 AM

Quote from: ParRus on September 26, 2018, 07:50:15 AM

I found video where Jelle Pol Introduces DUSK Network, this talk was given during Bitcoin Wednesday on 5 September, 2018 which was held at ABN Amro's headquarters in Amsterdam:
https://www.youtube.com/watch?v=_GBbH4Jpw1g

Hey thanks for this video, will have a closer look.
Is this a trustworthy kinda review or just a ico pitch?

the video seemed very professional to me. i think its a trustworthy review.

niklasmato

sr. member

Activity: 616

Merit: 263

Quote from: ParRus on September 26, 2018, 07:50:15 AM

I found video where Jelle Pol Introduces DUSK Network, this talk was given during Bitcoin Wednesday on 5 September, 2018 which was held at ABN Amro's headquarters in Amsterdam:
https://www.youtube.com/watch?v=_GBbH4Jpw1g

Hey thanks for this video, will have a closer look.
Is this a trustworthy kinda review or just a ico pitch?

o48o

legendary

Activity: 3052

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Leading Crypto Sports Betting & Casino Platform

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?

Makkara

full member

Activity: 1064

Merit: 166

Quote from: o48o on September 26, 2018, 02:46:51 PM

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)

Would you say that Dusk is to Monero what Ethereum is to Bitcoin?

This sounds just a right comparison. As discussed few post back this is planning to be an improved version of monero, something more.

Frank37

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Activity: 770

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Quote from: o48o on September 26, 2018, 02:46:51 PM

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)

Would you say that Dusk is to Monero what Ethereum is to Bitcoin?

This is a good comparison, if I understand the concept correctly.

aveon

member

Activity: 434

Merit: 10

Quote from: o48o on September 26, 2018, 02:46:51 PM

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)

Would you say that Dusk is to Monero what Ethereum is to Bitcoin?

It's not quite right to ask this question now. Monero (as well as ETH or BTC) is an already completed and working platform, and DUSK is only developing, its future is a secret for us now. Moreover, those three are just coins and DUSK plan to be more than that.

o48o

legendary

Activity: 3052

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Leading Crypto Sports Betting & Casino Platform

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)

Would you say that Dusk is to Monero what Ethereum is to Bitcoin?

king_of_alts

member

Activity: 476

Merit: 10

Quote from: kraterion on September 26, 2018, 11:56:00 AM

Quote from: iad_xo on September 26, 2018, 07:18:12 AM

I read some where on DUSK, network offer Confidential security token registry. Can not find more details about that? any one explain?

If I remember correctly it's in the whitepaper, basically you can issue privacy oriented security tokens on Dusk, which is the point of it, which why it can be potentially a "killer app"

that sounds interesting.. so people can create their own tokens on Dusk?

kraterion

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Activity: 616

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Quote from: iad_xo on September 26, 2018, 07:18:12 AM

I read some where on DUSK, network offer Confidential security token registry. Can not find more details about that? any one explain?

If I remember correctly it's in the whitepaper, basically you can issue privacy oriented security tokens on Dusk, which is the point of it, which why it can be potentially a "killer app"

magisterr

sr. member

Activity: 1372

Merit: 259

Last week co-founder of DUCK Jelle Pol took part at Blockchain conference in Kiev and talked about privacy.

https://twitter.com/DuskFoundation/status/1044519338324250624

And today Emanuele Francioni (Project and Tech Lead of DUCK) took part in conference in London

https://www.cefpro.com/forthcoming-events/technology-and-innovation-risk/#1524457105016-ca2de1f7-3f6b

And a week ago they was in Barselona forum

https://twitter.com/DuskFoundation/status/1042674569155432448

Seems their have a good marketing and a lot of events Roll Eyes

belechau

full member

Activity: 686

Merit: 100

Quote from: ParRus on September 26, 2018, 07:50:15 AM

I found video where Jelle Pol Introduces DUSK Network, this talk was given during Bitcoin Wednesday on 5 September, 2018 which was held at ABN Amro's headquarters in Amsterdam:
https://www.youtube.com/watch?v=_GBbH4Jpw1g

Excellent video with a plausible and understandable explanation in layman's terms, comparing the mode of operation with a public telephone and a old token was a bit daring, Grin

but quite understandable to all listeners Cheesy

it would be interesting to see more videos so throughout the project. Congratulations

ParRus

full member

Activity: 490

Merit: 104

I found video where Jelle Pol Introduces DUSK Network, this talk was given during Bitcoin Wednesday on 5 September, 2018 which was held at ABN Amro's headquarters in Amsterdam:
https://www.youtube.com/watch?v=_GBbH4Jpw1g

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