[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 156.

zgrdyg

full member

Activity: 602

Merit: 105

Quote from: levyashin on September 20, 2018, 08:53:52 AM

Quote from: ParRus on September 19, 2018, 02:26:56 PM

Quote from: zgrdyg on September 19, 2018, 12:52:11 PM

Quote from: levyashin on September 19, 2018, 09:14:55 AM

Quote from: DuskNetwork on September 19, 2018, 07:36:32 AM

Quote from: Altcoinrusher on September 19, 2018, 06:29:30 AM

Can your guys publish a comparison of features with other crypto projects that are perceived to be your direct competitors?

Feel free to check out our FAQ, it contains a comparison sheet! https://dusk.network/faq/

In this chart, you seem clearly the most private chain.

But aren't you afraid of governments will cause problems because of untraceable transactions?

Good question, we all know what the governments can do the reach the transaction data or any valuable information so government side is important i think.

For the government sooner or later will have to accept this, in fact the entire crypto-industry is built on anonymity and decentralization.

I am not sure they will accept that. But it will be a hustle, fun to watch.

while watching this, i don't want to lose all my savings and efforts ( i can't say blood,sweat,tears) but this will be definitely a good thing to watch.

Roels Major

member

Activity: 191

Merit: 56

Well guys, I dont see anything yet except only whitepaper on github.

When will U start building this "amazing" coin, so We can learn some code from ur github?

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Monero is way more used then you think (along with ZEC) in the darkweb so don't understimate it! Btw Dusk isn't a currency, it will be an ecosystem of security anonymous tokens

aveon

member

Activity: 434

Merit: 10

Quote from: king_of_alts on September 20, 2018, 12:23:09 PM

Quote from: jonnytracker on September 20, 2018, 10:45:41 AM

Quote from: iad_xo on September 20, 2018, 09:52:29 AM

on dusk network, all transaction is going to treated as private or end user are allow to choose? Anonymity will be big thing once regulation come in to play. Like the concept of Stealth address, Ring CT signature and anonymous network layer.

isnt there too much privacy project out there ? I dont think not many fancy private transaction, if so the other privacy coins would be doing well wunt they ? example ETC vs ETH

Yes, there are many privacy coins and only a few will be used. Monero is the most well known.

Monero's originating from Bytecoin, and as far as I know it does not have the disadvantages and bugs of its predecessor. However, not the most used coin, right?

king_of_alts

member

Activity: 476

Merit: 10

Quote from: jonnytracker on September 20, 2018, 10:45:41 AM

Quote from: iad_xo on September 20, 2018, 09:52:29 AM

on dusk network, all transaction is going to treated as private or end user are allow to choose? Anonymity will be big thing once regulation come in to play. Like the concept of Stealth address, Ring CT signature and anonymous network layer.

isnt there too much privacy project out there ? I dont think not many fancy private transaction, if so the other privacy coins would be doing well wunt they ? example ETC vs ETH

Yes, there are many privacy coins and only a few will be used. Monero is the most well known.

belechau

full member

Activity: 686

Merit: 100

Quote from: bitcoinbulk on September 20, 2018, 10:53:26 AM

Quote from: DuskNetwork on September 18, 2018, 09:08:04 AM

Quote from: iad_xo on September 18, 2018, 08:18:31 AM

is there any master node/super node going to be there for DUSK network? Is there any details or reward structure planned?

Dusk utilizes two kind of nodes;

Network nodes - transactional network clients. They compete with each other by locking an arbitrary amount for the generating and proposing of new blocks. Block generation is a computationally light task and therefore running a node does not require neither specialised equipment nor storage. The intention is for normal mobile devices to be able to run as a node within the network. The non-deterministic nature of the bidding process makes it so that even nodes bidding the minimum amount of DUSK have a fair chance to win the block generation sortition lottery.

Provisioners - These are nodes that have committed a certain minimum stake to the Dusk Network and take care of more network intensive tasks such as block verification, voting, and notarization (VVN operations). These types of nodes are non-transactional

The intention is to create an economy where nodes compete for block rewards, while Provisioners earn a steady ROI.

This is awesome! This is a nice twist to the standard node setups that a lot of other projects do. I can't wait to see it in action

WOW, interesting to mention something like this for the project, even for those who do not master the knowledge demonstrates the innovative idea and the competitiveness that comes from it. Innovation has become somewhat obsolete in the crypto, so we can spread something like this and expect good attention

bitcoinbulk

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Activity: 280

Merit: 100

Ternion | Hybrid Crypto Exchange with fiat gateway

Quote from: DuskNetwork on September 18, 2018, 09:08:04 AM

Quote from: iad_xo on September 18, 2018, 08:18:31 AM

is there any master node/super node going to be there for DUSK network? Is there any details or reward structure planned?

Dusk utilizes two kind of nodes;

Network nodes - transactional network clients. They compete with each other by locking an arbitrary amount for the generating and proposing of new blocks. Block generation is a computationally light task and therefore running a node does not require neither specialised equipment nor storage. The intention is for normal mobile devices to be able to run as a node within the network. The non-deterministic nature of the bidding process makes it so that even nodes bidding the minimum amount of DUSK have a fair chance to win the block generation sortition lottery.

Provisioners - These are nodes that have committed a certain minimum stake to the Dusk Network and take care of more network intensive tasks such as block verification, voting, and notarization (VVN operations). These types of nodes are non-transactional

The intention is to create an economy where nodes compete for block rewards, while Provisioners earn a steady ROI.

This is awesome! This is a nice twist to the standard node setups that a lot of other projects do. I can't wait to see it in action

jonnytracker

sr. member

Activity: 672

Merit: 261

Quote from: iad_xo on September 20, 2018, 09:52:29 AM

on dusk network, all transaction is going to treated as private or end user are allow to choose? Anonymity will be big thing once regulation come in to play. Like the concept of Stealth address, Ring CT signature and anonymous network layer.

isnt there too much privacy project out there ? I dont think not many fancy private transaction, if so the other privacy coins would be doing well wunt they ? example ETC vs ETH

iad_xo

sr. member

Activity: 448

Merit: 250

on dusk network, all transaction is going to treated as private or end user are allow to choose? Anonymity will be big thing once regulation come in to play. Like the concept of Stealth address, Ring CT signature and anonymous network layer.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: pynetx on September 20, 2018, 09:03:17 AM

what is the expected tx/s for the DUSK network?

More than TPS, which is a meaningless measure when in presence of an adaptive block size, it makes more sense to speak about throughput. Early experimentation shows that we can achieve extreme throughput by propagating block and block hashes separately (and worry about consistency later, as reconciliation would be indeed a separate matter). In this case it would not be excluded a throughput roughly 10^2 that of Bitcoin. This expectation is dependent on a lot of configuration throttling, as it would be connected to a few implementation choices. The most important of which are probably the ring signature size and the flavour of proof range used (bulletproof being my first candidate)

pynetx

sr. member

Activity: 798

Merit: 262

what is the expected tx/s for the DUSK network?

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: ParRus on September 19, 2018, 02:26:56 PM

Quote from: zgrdyg on September 19, 2018, 12:52:11 PM

Quote from: levyashin on September 19, 2018, 09:14:55 AM

Quote from: DuskNetwork on September 19, 2018, 07:36:32 AM

Quote from: Altcoinrusher on September 19, 2018, 06:29:30 AM

Can your guys publish a comparison of features with other crypto projects that are perceived to be your direct competitors?

Feel free to check out our FAQ, it contains a comparison sheet! https://dusk.network/faq/

In this chart, you seem clearly the most private chain.

But aren't you afraid of governments will cause problems because of untraceable transactions?

Good question, we all know what the governments can do the reach the transaction data or any valuable information so government side is important i think.

For the government sooner or later will have to accept this, in fact the entire crypto-industry is built on anonymity and decentralization.

I am not sure they will accept that. But it will be a hustle, fun to watch.

wissy

full member

Activity: 658

Merit: 102

Quote from: Makkara on September 20, 2018, 05:26:27 AM

Quote from: webwakko on September 20, 2018, 03:07:18 AM

Ok, just had a look at the comparisation-sheet.. wow..
If you guys pull this off.. well.. count me in as investor. but like some other ideas on the blockchain, waiting to see the first results / proof of existance Wink

That is what everyone in here though i suppose. Very interesting and valuable idea for a project, but we need to see and try at least some of the fetures of the product.

Are they planning to release any demo or mvp? Would be very good indeed to test it and see how it works.

o48o

legendary

Activity: 3010

Merit: 1153

Leading Crypto Sports Betting & Casino Platform

Quote from: DuskNetwork on August 04, 2018, 10:46:20 AM

Quote from: 5thFear on August 04, 2018, 08:20:41 AM

Any Bounties ?

We will roll out our bounty programme in the coming weeks, stay tuned!

Any plans on what kind of bounties these are going to be? They seem to vary a lot depending on the project. I would wear your signature in a heartbeat though.

Makkara

full member

Activity: 1064

Merit: 166

Quote from: webwakko on September 20, 2018, 03:07:18 AM

Ok, just had a look at the comparisation-sheet.. wow..
If you guys pull this off.. well.. count me in as investor. but like some other ideas on the blockchain, waiting to see the first results / proof of existance Wink

That is what everyone in here though i suppose. Very interesting and valuable idea for a project, but we need to see and try at least some of the fetures of the product.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: Amelie Poulain on September 20, 2018, 04:25:13 AM

I like that this theme have community manager, as I see - all questions have full answers. This allows for a better understanding of this project, I hope the security will be at the highest level.

Rest assured it will be

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: omwibya on September 20, 2018, 04:36:46 AM

thanks for sharing guys. one word of advice , put your project on top and put it in Bold. it draws attention better.

Thanks for the suggestion!

omwibya

member

Activity: 434

Merit: 10

Quote from: DuskNetwork on September 19, 2018, 07:36:32 AM

Quote from: Altcoinrusher on September 19, 2018, 06:29:30 AM

Can your guys publish a comparison of features with other crypto projects that are perceived to be your direct competitors?

Feel free to check out our FAQ, it contains a comparison sheet! https://dusk.network/faq/

thanks for sharing guys. one word of advice , put your project on top and put it in Bold. it draws attention better.

Amelie Poulain

full member

Activity: 518

Merit: 101

I like that this theme have community manager, as I see - all questions have full answers. This allows for a better understanding of this project, I hope the security will be at the highest level.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: sge99 on September 19, 2018, 03:37:37 PM

There I have my doubts! Anyway, building a protocol that provides privacy and anonymity and at the same time complying to regulators still sounds contradictory to me.

This is a misconception. In democratic societies, privacy is very well accepted and even enforced at legislative levels by policy makers. An example is the GDPR. Another is the SEC enforcing secrecy to trading bodies in the stock market to prevent price manipulation. The Dusk Network provides the same level of privacy enforced by regulators. Only, it eliminates the “trusted third party” and returns the power of disclosure directly to the user.

For instance, in the case of payment, it is the responsibility of the wallet holder to show the details of the transactions on request of the auditors (by providing a view-key). In the use case of security, compliant confidentiality is achieved with KYC built in the protocol and the use of zero knowledge accumulators to keep the whitelist confidential.

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 156. (Read 145658 times)