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Topic: 【ANN】 【ICO LIVE !】 🔥WWAM🔥 - Decentralized messaging protocol - page 37. (Read 27033 times)

hero member
Activity: 621
Merit: 500
Suggested corrections for page 6 of the whitepaper:

  • The provider's: The providers
  • I would move the line "Most internet companies [...]" to the paragraph following it, and make that paragraph a list item. Because there is a difference between ISPs tracking the e-mail accounts provided by them and vulnerabilities in web clients.

Actually I'm not sure the last paragraph of section 1.2.1 is a compelling argument. Online authentication and phishing are difficult subjects that stretch way beyond e-mail. Web-based cryptocurrency wallets in particular have the same vulnerability and so may any applications using the WWAM protocol.


Funny, Maxime had the exact same train of thoughts on that sentence I remember having that discussion. I personally thought it was relevant in a way, as of today almost everyone uses a web based application for accessing their e-mails. Of course that' not a vulnerability of the protocol itself, it's more of an implementation problem and it does not belong in the same category as the other vulnerabilities exposed, but when it's so widely used it starts to become a relevant point, in my humble opinion  Smiley
full member
Activity: 574
Merit: 115
Suggested corrections for page 6 of the whitepaper:

  • The provider's: The providers
  • I would move the line "Most internet companies [...]" to the paragraph following it, and make that paragraph a list item. Because there is a difference between ISPs tracking the e-mail accounts provided by them and vulnerabilities in web clients.

Actually I'm not sure the last paragraph of section 1.2.1 is a compelling argument. Online authentication and phishing are difficult subjects that stretch way beyond e-mail. Web-based cryptocurrency wallets in particular have the same vulnerability and so may any applications using the WWAM protocol.
hero member
Activity: 662
Merit: 500
Bad for me  Shocked thought about translating to german... tell me if there is any further demand, thank you!  Wink
full member
Activity: 200
Merit: 101
The internet needs more anonymous methods of communication. Hopefully this platform/protocol will gain some traction. It doesn't have to take over the world but a small chunk will do.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
ERC20 token is better than duplicate coin.
better concept and planing. waiting ICO end and i will trade it on market.
full member
Activity: 448
Merit: 107
Yes telegram say they respect users privacy an has chiffred data and its impossible to a govenment to have access to it but in fact its not totaly true.
Its stay a huge demand for a real private messaging service and protocol, the market is huge and i think that only a blockchain service can afford that.
WWAM is made for that !
hero member
Activity: 621
Merit: 500
French and German translations have been reserved - Should be available soon !
member
Activity: 78
Merit: 10
I don't see platform getting any traction, without mobile app implementation

As far as I know, they will not make the actual app rather they will seek the implementation of the protocol inside other apps such as marketplaces, exchanges and other platforms. In other words, WWAM would not directly create anonymity message applications but instead they have a protocol for anonymous messaging which can be use by other people.

P.s This is from my own understanding only.

If that's the case, I fail to see the tokens' application.

Because you didn't searched that far to understand what is the token application Wink
Check the Q and A in the second post of that thread

Will read into it deeper, cheers dev
sr. member
Activity: 280
Merit: 250
Its true that a real private and Anonymous messaging service is hard to create, but WWAM as a great chance to achieve that. They have a technologie in work and with blockchain application they can do that. We have just to wait a bit to see this project sucess, i think WWAM have a lot of chance to create a very nice private and Anonymous protocol.
We will be all very glad when we could use this !
That would be great to see something like that! Could definitely compete with something like telegram or a service like that, they are great and desired applications can’t wait to see it!
hero member
Activity: 621
Merit: 500
I don't see platform getting any traction, without mobile app implementation

As far as I know, they will not make the actual app rather they will seek the implementation of the protocol inside other apps such as marketplaces, exchanges and other platforms. In other words, WWAM would not directly create anonymity message applications but instead they have a protocol for anonymous messaging which can be use by other people.

P.s This is from my own understanding only.

If that's the case, I fail to see the tokens' application.

Because you didn't searched that far to understand what is the token application Wink
Check the Q and A in the second post of that thread
member
Activity: 78
Merit: 10
I don't see platform getting any traction, without mobile app implementation

As far as I know, they will not make the actual app rather they will seek the implementation of the protocol inside other apps such as marketplaces, exchanges and other platforms. In other words, WWAM would not directly create anonymity message applications but instead they have a protocol for anonymous messaging which can be use by other people.

P.s This is from my own understanding only.

If that's the case, I fail to see the tokens' application.
full member
Activity: 448
Merit: 107
Its true that a real private and Anonymous messaging service is hard to create, but WWAM as a great chance to achieve that. They have a technologie in work and with blockchain application they can do that. We have just to wait a bit to see this project sucess, i think WWAM have a lot of chance to create a very nice private and Anonymous protocol.
We will be all very glad when we could use this !
full member
Activity: 490
Merit: 100
Could you try to explain in more detail where it falls short? What weaknesses and threats have you found so far?

If you point them out the devs can address them specifically and maybe improve there.
This could be a misunderstanding sir, it would be better if you quote phucdigan first
full member
Activity: 294
Merit: 100
Another promising project. I will be following this.
hero member
Activity: 621
Merit: 500
Could you try to explain in more detail where it falls short? What weaknesses and threats have you found so far?

If you point them out the devs can address them specifically and maybe improve there.

Excuse me sir, are you trying to use common sense and reason over the Internet ?  Grin

Jokes apart, thanks for pointing out other typos in the Whitepaper, I'll try to have them corrected by tonight
full member
Activity: 574
Merit: 115
Could you try to explain in more detail where it falls short? What weaknesses and threats have you found so far?

If you point them out the devs can address them specifically and maybe improve there.
full member
Activity: 490
Merit: 103
Based on information on the site, white paper and 8 pages of this thread ... I feel this project is not very feasible, I will wait at least the first 2-3 days of the ICO, watching how the situation is. Decide to follow or not.   Roll Eyes
full member
Activity: 574
Merit: 115
Section 1.1: "[...] personal information [...] Would require considerable effort [...] to access it".



-----------------
Some more whitepaper corrections:

Page 4:
  • stored in a separate safes: stored in separate safes
  • It will be visible to the public: they will be publicly visible
  • "It will be applied here and used for instant messaging, with the scope to replace emails or act as a means of spreading..." That was hard to read. Maybe try something like "WWAM will be used for instant messaging and we intend for our protocol to replace e-mail. We also introduce the concept of worldwide immutable messaging. "
sr. member
Activity: 720
Merit: 271
Tokens are issued during the ICO and not at the end, that doesn't make much difference as token trading is locked until the end of the ICO, but we thought it would be cool for investors to see their tokens sitting in their balance right after investing into the project, rather than having to wait the end of the ICO, that's all Smiley.

I like that step. Shows a bit of your skills to the crowd and gives the investors some kind of proof for not being just another scammy ICO.
hero member
Activity: 621
Merit: 500
Quote
Q:
I am struggling to understand what the ERC20 tokens will represent. An ERC20 will be used to gather funds, investors will send you ETH and they will get WWAM token (?) but how this WWAM token will be tied to the success of the project? Since the nodes, ledger with the info and fees will be in a new blockchain the ERC20 tokens will not be useful to end users, how will they carry their value?

A:
The contract is actually including an interface to make the tokens upgrade-able. This give us the possibility to issue a child contract (tied to the main contract) on the Ethereum blockchain when the time comes , allowing users to switch to new tokens. These new tokens will be burnable in exchange of the WWAM currency running in our blockchain, givng WWAM a full autonomy, running on it's own without depending on Ethereum.

Can you please explain why you didn't go the "normal way" i.e. issuing the tokens only when the ico is successfull and ended?

At this time I see this only as a marketing strategy, but without real value. Thanks for explaining me what I don't see...



Well, first we thought about providing an Ethereum conducted ICO as it is a safety for investors. The contract source code is publicly viewable, and it can not be rigged. The process of distributing tokens is automated, and having an ERC20 token allows investor to sell or exchange their tokens at any time if they don't like the way the project is taking (Or any other reason, it's up to them). So no one feels enclosed by investing into the project.
Tokens are issued during the ICO and not at the end, that doesn't make much difference as token trading is locked until the end of the ICO, but we thought it would be cool for investors to see their tokens sitting in their balance right after investing into the project, rather than having to wait the end of the ICO, that's all Smiley.
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