Pages:
Author

Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon - page 12. (Read 473520 times)

sr. member
Activity: 254
Merit: 250
need more people to know the great super coin!

some donations have been spent on the promo? any status report?

Yes we have spend a small amount for an article that is being released tomorrow.

CryptoBull, our community leader is contact many website for advertising.

more promo needed!
sr. member
Activity: 406
Merit: 250
need more people to know the great super coin!

some donations have been spent on the promo? any status report?

Yes we have spend a small amount for an article that is being released tomorrow.

CryptoBull, our community leader is contact many website for advertising.
sr. member
Activity: 616
Merit: 251
need more people to know the great super coin!

some donations have been spent on the promo? any status report?
legendary
Activity: 854
Merit: 1000
full member
Activity: 365
Merit: 100
Here is the 2nd part of the whitepaper, which gives a high level in-depth view of the trustless algorithm we use. Please refer to the part 1 if you need to understand some terms. Part 1 is here:
https://bitcointalksearch.org/topic/m.8272890

==
The following diagram shows a high level description of the trustless system algorithm. It shows the “normal” case where everything goes as expected.




The next diagram shows the case where, after step 6, the Sender is not satisfied with the Mixer’s txid. This could happen if the Sender cannot verify Mixer’s transaction, or Mixer did not send enough funds to the destination. In which case Sender asks Guarantor to do the arbitration. The new scenario are marked in brown lines and explained in the diagram.



There are other possible scenarios, that we will describe in the next parts, where we will show details of the algorithm and steps. But from the above two cases you see why multisig is tightly linked with trustless system and how it creates a bonding among all parties where they have to follow the anonymous transfer rules.



read it again, really a good scheme to support p2p trustless system.
full member
Activity: 150
Merit: 100
need more people to know the great super coin!
legendary
Activity: 854
Merit: 1000
full member
Activity: 195
Merit: 100
trustless system, sounds interesting
full member
Activity: 308
Merit: 100
looking forward to more details on the algorithm.
full member
Activity: 136
Merit: 100
full member
Activity: 308
Merit: 100
very interesting trustless system
full member
Activity: 136
Merit: 100
is the new logo decided for super?
legendary
Activity: 1554
Merit: 1044
hero member
Activity: 938
Merit: 500
trustless system algorithm - simply wow.

The detailed algo and work flow is yet to be published (in the next part of whitepaper), from dev's last message.
legendary
Activity: 854
Merit: 1000
sr. member
Activity: 406
Merit: 250
Are you worried about being found out by unwanted parties?
Find out the definition of anonymity with SuperCoin...


Check out your pm boss.
bcd
sr. member
Activity: 252
Merit: 250
 trustless system algorithm - simply wow.
sr. member
Activity: 252
Merit: 250
Looks very good, Supercoin is on the right track.

Please start the next multipool payout before the beta test begins. Wink
Pages:
Jump to: