[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 66.

batako

sr. member

Activity: 1022

Merit: 252

Quote from: king_of_alts on November 27, 2018, 04:25:59 AM

Quote from: PS92 on November 26, 2018, 07:40:26 PM

Do not underestimate the power of FOMO!

Oh yeah, that could absolutely be true. The lower the market goes the more potential profit new entrants could make so there could some big time FOMO in a couple of months.

The ability to enter into the market on the right time will be needed. Even though fomo could give the good thing, but patient will play a role too.

martinholly167

sr. member

Activity: 658

Merit: 250

Quote from: traveler007 on November 25, 2018, 11:05:57 AM

Quote from: martinholly167 on November 25, 2018, 08:57:26 AM

Quote from: Token Williams on November 24, 2018, 11:29:09 PM

Not yet! First ICO and then later in the future exchanges. But as they say in the video: they need exchanges that are allowed to trade securities.

I read that coinbase is expected to launch security token trading on their platform and im pretty sure the other competitive exchanges will follow.
https://www.cointelligence.com/content/security-token-exchanges-launch-2019/

Coinbase is an exchange and they want to launch trading security tokens while Duck want to launch ititial security token sale and tokens creating on their blockchain like ERC tokens on Ethereum. So they are not a competitors... As Duck not going launch exchange Huh

You should read my previous post carefully, I didn't say anything about dusk will be an exchange competitor.

Quote

im pretty sure the other competitive exchanges will follow.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: Makkara on November 27, 2018, 07:20:55 AM

Quote from: DuskNetwork on November 27, 2018, 06:58:35 AM

The KYC procedure/provider is left to the token issuer and the asset purchaser has the capability of disclosing the transaction details to the authorities, on their request.

This seem to be interesting or anywhy something new. Is there some built in functionality of dusk which binds an address to the identity?

Yeah, it's a really interesting aspect of this project and I also want to know about it.

Makkara

full member

Activity: 1064

Merit: 166

Quote from: DuskNetwork on November 27, 2018, 06:58:35 AM

The KYC procedure/provider is left to the token issuer and the asset purchaser has the capability of disclosing the transaction details to the authorities, on their request.

This seem to be interesting or anywhy something new. Is there some built in functionality of dusk which binds an address to the identity?

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: o48o on November 26, 2018, 03:13:21 PM

Quote from: DuskNetwork on November 26, 2018, 06:18:07 AM

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

You mean that the person who launch the token in the dusk network has to do build in kyc? (still haven't got a clue how that works). And the person buying the token is probably required to do the kyc by the exchange that trades the token?

We are developing on top of Dusk a new token standard, with configurable confidentiality, which we intend to use to allow issuance of confidential security tokens. Basically the idea is to separate the confidentiality of the cash transactions (thus preserving the fungibility of DUSK) from that of asset ownership transfers, where the purchaser of an asset/security needs to satisfy KYC requirements at protocol level to complete an ownership transfer. The KYC procedure/provider is left to the token issuer and the asset purchaser has the capability of disclosing the transaction details to the authorities, on their request.

DuskNetwork

copper member

Activity: 474

Merit: 21

Quote from: viljy on November 26, 2018, 06:28:11 AM

Quote from: DuskNetwork on November 26, 2018, 06:18:07 AM

Quote from: levyashin on November 24, 2018, 05:57:20 AM

So are dusk network allows every project to make their own token and security or will there be permissions?

There is two opinions for it. First of all, it should allow anyone to create its own project.
And second says look ethereum example, it is crowded with spam/scam/unnecessary tokens which is bringing down the value of the chain itself.

So how will dusk network act?

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

Won't the network be anonymous?
I think it's a contradiction: KYC and anonymous network.
Can you explain?

To help third parties to meet the legal requirements of their ownership transfer use-case, the Dusk protocol provides optional on-chain operations of white-listing (using Zero-Knowledge Cryptographic Accumulators). In the sensitive case of securities, we are also developing a Confidential Security Token Standard that allows third parties to issue security tokens on top of the Dusk Network (the XST standard). Security tokens implementing the XST will have both privacy (i.e. investment and market positions are not openly broadcasted on the ledger) and Regulatory Compliance data (transfer of these tokens can happen only if purchasers add to the transaction KYC data satisfying regulatory requirements) embedded directly in the transaction protocol.

o48o

legendary

Activity: 2982

Merit: 1149

Leading Crypto Sports Betting & Casino Platform

Quote from: MandatoryOption on November 26, 2018, 04:25:13 PM

Quote from: Token Williams on November 26, 2018, 03:42:45 PM

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again.

That would be good for me, in fact i was feeling that the rise would begin in the august anyway. And depending on the curve of that rise, some altcoins will rise as well. In btc.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: DuskNetwork on November 26, 2018, 06:21:42 AM

Quote from: MandatoryOption on November 24, 2018, 04:27:48 PM

Why do you think it's a bad thing that token transaction on the Ethereum blockchain are public? I really like that transparancy where you could follow the money in detail.

Public transactions are unacceptable in regulated markets. Think about the consequences of moving millions on an exchange wallet. Even without selling a single asset, just by broadcasting such a tx on an open ledger you can manipulate the market and induce panic selling in a way that is completely illegal.

Yeah, last year many times big transactions caused dump or pump. And even it caused fake transactions. Some whales send big amounts to exchanges or withdraw from exchanges just to manipulate the market. And that can't be on a regulated market.

king_of_alts

member

Activity: 476

Merit: 10

Quote from: PS92 on November 26, 2018, 07:40:26 PM

Do not underestimate the power of FOMO!

Oh yeah, that could absolutely be true. The lower the market goes the more potential profit new entrants could make so there could some big time FOMO in a couple of months.

PS92

full member

Activity: 644

Merit: 101

Quote from: Frank37 on November 26, 2018, 06:43:28 PM

Quote from: MandatoryOption on November 26, 2018, 04:25:13 PM

Quote from: Token Williams on November 26, 2018, 03:42:45 PM

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again.

But new people for the quick money will enter crypto again, if the next bull run happens. Grin

Do not underestimate the power of FOMO!

Token Williams

newbie

Activity: 310

Merit: 0

Quote from: MandatoryOption on November 26, 2018, 04:25:13 PM

Quote from: Token Williams on November 26, 2018, 03:42:45 PM

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again.

Wouldn't be bad at all. Indeed, all the easy buck people need to leave. Then we need to go sideways for a long time (maybe a year) for people to forget, and then slowly start climbing again in unison with actual technical progress. Once we start seeing the first couple of killer apps on a smart contract platform or an ETF for bitcoin than we can start getting out of control again. Only to crash afterwards once again.

belechau

full member

Activity: 686

Merit: 100

Both new people and those who return after the hard days. What I am analyzing today is more related to the way Icos behave in bad times, because the financial situation of the market is reversible soon, but the way of acting of each team and the commitment in the projects is decisive

Frank37

sr. member

Activity: 770

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: MandatoryOption on November 26, 2018, 04:25:13 PM

Quote from: Token Williams on November 26, 2018, 03:42:45 PM

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again.

But new people for the quick money will enter crypto again, if the next bull run happens. Grin

bitcoin-shark

hero member

Activity: 2968

Merit: 605

the interest in the project by the community is growing rapidly, i believe that when the market will have a minimum of stability even the investments will return to grow rapidly, the project is valid...

MandatoryOption

member

Activity: 546

Merit: 12

Quote from: Token Williams on November 26, 2018, 03:42:45 PM

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

Even if we're gonna see some sideways movement for the next couple of months, that wouldn't be that bad. At least it wouldn't go down any further then. But you can also see it this way. Now probably all the people who bought in Dec '17 and were only in for the quick money left BTC again.

Token Williams

newbie

Activity: 310

Merit: 0

Quote from: omwibya on November 26, 2018, 04:56:40 AM

Quote from: levyashin on November 26, 2018, 01:32:35 AM

Quote from: niklasmato on November 25, 2018, 06:50:57 PM

Quote from: Amelie Poulain on November 25, 2018, 03:46:57 PM

With the help of this theme, the project has become more understandable, it already has 100 pages, the community is expanding and it’s great. We are all waiting for market recovery, I hope next year will be better for crypto than this 2018.

Pretty sure we have just seen the bottom at 3500, don't think we will go down much more ..

I was pretty sure when we have seen 5500 that was the bottom now i can't know anymore. 3500, wow it is %83 lower than the top, amazing and also painful.

everybody needs to relax and prepare your fiat to buy. when it will go up it will be fast, really fast.

Don't think so. It may be fast for a small bounce, but after most bottoms we will mosy likely see A LOT of sideways action for quite some time. Remember 2015?

PS92

full member

Activity: 644

Merit: 101

Quote from: niklasmato on November 25, 2018, 06:50:57 PM

Quote from: Amelie Poulain on November 25, 2018, 03:46:57 PM

With the help of this theme, the project has become more understandable, it already has 100 pages, the community is expanding and it’s great. We are all waiting for market recovery, I hope next year will be better for crypto than this 2018.

Pretty sure we have just seen the bottom at 3500, don't think we will go down much more ..

Could we please hit 3000 and then go up? Wink

o48o

legendary

Activity: 2982

Merit: 1149

Leading Crypto Sports Betting & Casino Platform

Quote from: DuskNetwork on November 26, 2018, 06:18:07 AM

Everyone will be able to launch a token on Dusk Network, however, it's mandatory to be regulatory compliant as AML/KYC registration is build into the protocol.

You mean that the person who launch the token in the dusk network has to do build in kyc? (still haven't got a clue how that works). And the person buying the token is probably required to do the kyc by the exchange that trades the token?

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: jonnytracker on November 26, 2018, 02:36:47 PM

Quote from: king_of_alts on November 26, 2018, 12:48:43 PM

Quote from: Altcoinrusher on November 26, 2018, 10:59:03 AM

What are the current plans and activities of the team to ensure a mainstream adoption to the platform would materialize?

I think it is impossible for an new project to achieve mainstream adoption. Especially when not even BTC has done it.

Despite price drops, BTC seems to be doing well, and mainstream is catching up..

Are you sure? Lightning network's nodes have thousand and thousand of btc in them? Nope! I don't see mainstream adoption till lightning network will work like a clock with thousand of nodes opened and millions transactions on it (since it's the wat Bitcoin will scale)

jonnytracker

sr. member

Activity: 672

Merit: 261

Quote from: king_of_alts on November 26, 2018, 12:48:43 PM

Quote from: Altcoinrusher on November 26, 2018, 10:59:03 AM

What are the current plans and activities of the team to ensure a mainstream adoption to the platform would materialize?

I think it is impossible for an new project to achieve mainstream adoption. Especially when not even BTC has done it.

Despite price drops, BTC seems to be doing well, and mainstream is catching up..

Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 66. (Read 145658 times)