Topic: 📣[ANN]DAVID CHAUM's XX Coin | Join the Referral Sale [Earn Bonus Tokens]🚀 - page 3. (Read 1999 times)

It's mean the investor need to wait for 1 years to sell their coin on market?
The team will lock the coin, or just not listed on exchange before 1 year?
You said this project try to make the price more stable how, how to do that?

The xx coin smart contract (ERC 1404) being sold now is a security token which is why it is not available to US persons. It will be converted to a native currency after a year once we reach mainnet. The native currency is a usable, fast, and secure currency which is expected to be widely distributed and utilized as opposed to a store of value. There is no plan to make the xx coin an enforced stablecoin but it may be more stable than other currencies because it's based on the use of the platform which has inherent, leverageable utility and performance for a large user base (private communications for messaging, payments, and apps).


We dig into this in our webinars which I recommend you check out on youtube. In short, the goal of the xx network is to bring useable blockchain-based technology to a mainstream audience as opposed to it being limited to early adopters and developers which is unfortunately where we see a lot of these projects ending up. To do this, we've built a new currency, consensus protocol, and communications network to solve the major issues we believe prevent the adoption of blockchain technology: speed, scalability, security, and usable privacy. We provide world-class privacy in the form of mixnets for all transactions and communications while supporting many thousands of transactions a second with a couple seconds latency. The consensus protocol scales linearly to thousands of nodes and is future-proofed against quantum-computing. All nodes have equal governing power in the network preventing concentration of power due to wealth or hash power.

The result is a fair, unmanipulatable communications and payments platform governed by its users which has unprecedented speed and security while seamlessly supporting the strongest privacy technology in the world.

the reason I call it superior is because ERC1404 has just wanted to be launched, of course there will definitely be differences between the other erc, that's what I believe, but for certainty, I don't really understand how the final results, we see along with how everything will develop, hopefully can stand firmly

Just like BestChange campaign dare to pay with btc so is xx coin which in my opinion prove this team cares more about their project and intend to protect the interest of their investors, you know what they say about bounty hunters and their reward..... and note that there will be a lock up period of xx coin for every investors and that too varies from time of purchase of xx coin, so you see that paying with btc is the better option.
i do share your view on the other campaigns not included, it would have given a better chance to reach a more wider audience, but i guess the team knows what works for them better.

What makes you believe that the ERC1404 technology is superior to other ERC tokens?

I think an easy explanation will make people quickly understand this technology, and explaining in this forum will also definitely attract people to at least see and learn about this project.

yes that's why I submit the urge to preach widely about ERC1404, even I also just saw this new technology, this needs to be known to the public, many people are not active in the bitcointalk forum, if the news is spread on social media it will be very good so there will be many come new users not only from the forum

This project, I think will push thru even if they will not achieve their targets.
They might have already got sufficient funds during their private sale.
We will see also how efficient it will be to employ ERC1404 token.
Not a regular ERC token type project.

And just to inform the team that their xx network FAQ tab on the website is not working -

no need, it seems, because if you do a search on the internet, there have been a lot of promotions about articles and videos, for telegrams I have not checked but it looks like the channel that reviews ico seems like they have already done it,currently i think they only need traffic from this forum.

DAVID CHAUM's XX Coin promotion looks pretty good on bitcointalk forums, they dare to pay with bitcoin, in my opinion it's not very action and I see we also need to need extraordinary promotions like on social media telegram, articles, videos and many other things In order to make the promotion section evenly distributed publicly and publicly, I hope the team understands my intentions

This thread looks quiet even though this project is just running or this thread was only created at the end of January. Does this project bring changes to the crypto world?

Wow! This is awesome and it definitely an extension of the ERC20 token due to the security and restrictions of some country dedicated in the platform.
This will be the first time i hear about the ERC1404 which is what make me do a quick research about it concept and i find out the name behind it not Vitalik Buterin etc, why?
Is the David Chaum XX Coin a Security Token or Stablecoin?

In fact its a less cool version of ERC20. Less features more noise. Its like a Volvo from 80s, u can still drive it but there is an inherent risk that it thwacks into a walls when brakes go off. This token standard is not manageable and offers less than what u got with ERC20. It has been confirmed that 1404-based token economics is illegal in many jurisdiction because of its jesting connection to Volvo and its unstable brakes.

I think this is one of the best solutions to the innovation and privacy abuses of the founders of social media. Recently we have been stolen a lot of information on social networking applications like Facebook, Twitter, Instagram, ... we are completely selling our information for free and this is not fair. . I think the Elixxir community and team will do our best to protect users' privacy and we will have a new messaging app. I look forward to the products from the team and this is a good opportunity to invest in this great project.

The ERC1404 is an extension of ERC20 which allows for a whitelist to restrict the trading of tokens until a certain date. The code for our ERC1404 is all online, audited, and open source. These smart contracts will be used to convert to native (non-ethereum) xx coins on the xx main net later this year. This is to prevent non-accredited US citizens from purchasing tokens before the main net which might violate securities law.

thank you so much for the links. i should have googled it but wanted to know from the team's end about the reasoning why they opted to be ERC1404. But reading from the link, this type of token has the intentions to comply with necessary requirements, which is actually good for the investors. they are not like fly-by-night ERC20 tokens that everyone can create. And with private investor like from Ripple, this project will gonna push thru. seems very promising to me.

It still seems a big target for that short period despite david chaum's history... Unless they got some couple of big players inform of private investors who can contribute large sum in that short period of time. If this was back in 2017, then i would be kind of possible because of the ICO hype that was there at the time.

wow I am glad to see your response and I hope that what you say can happen, and if I may know what your strong reasons are so that I feel confident that sales will reach harcap, please talk a little maybe I can see the truth of what you say. Thank you for your response

Where tech specification?

Trying the second time around. At least they know already the reasons why they failed the first time. And since crypto community has changed a lot since then, I guess they already know the possible bottlenecks that they may encounter and should have all the contingencies in place to make this successful.

David Chaum is a pioneer sure, but digicash wasn't successful, it was one of the failed ones in digital cash solutions before the Bitcoin took over. It was failed because of the centralization, and that problem was fixed with a bitcoin.