[PRE-ANN] Manta - DAG & zkSNARKs - Fast, Fee-less, Private Cryptocurrency - page 14.

MantaCurrency

copper member

Activity: 42

Merit: 1

How is blockchain technology realize in this project?

Unlike most currencies, we don't use a central blockchain.

Manta uses DAG which means each account has it's own chain, simliar to RaiBlocks, which allows us to have incredibly fast transaction times.

antoinnepy

newbie

Activity: 63

Merit: 0

Quote from: MantaCurrency on January 23, 2018, 06:00:39 AM

Hey everyone!

We've put together a brief whitepaper to outline the design of Manta, as well as to give an easy to understand idea of how it'll function in general.

https://www.docdroid.net/kUFKLWv/manta-doc.pdf

Best Regards,

Manta Dev Team

Going through this now. I will be sending a donation across later.

MantaCurrency

copper member

Activity: 42

Merit: 1

Hey everyone!

We've put together a brief whitepaper to outline the design of Manta, as well as to give an easy to understand idea of how it'll function in general.

https://www.docdroid.net/kUFKLWv/manta-doc.pdf

Best Regards,

Manta Dev Team

BrokeA$$Miner

newbie

Activity: 56

Merit: 0

Quote from: MantaCurrency on January 22, 2018, 02:37:08 PM

although people are always going to find a way to abuse it regardless of implementation.

This is why we can't have nice things....

MantaCurrency

copper member

Activity: 42

Merit: 1

Quote from: sqbit on January 22, 2018, 10:46:15 AM

Hi, Manta!

I have received an email from a person, who claims that the captcha solving, during the Manta distribution, can be performed by the OCR tech. How fast that tech can be?

Hey sqbit!

We're aware that Captcha's have the vulnerability of being solved with OCR, which is the major downside of using it for faucets.

Currently we're trying to find a fair way to discourage OCR solving such as limiting/reducing the amount of Manta earn-able per wallet, although people are always going to find a way to abuse it regardless of implementation.

BrokeA$$Miner

newbie

Activity: 56

Merit: 0

Quote from: ?? on ??

Visa scale is still pretty high tbh.

Definitely - probably as high as is realistic in the near term...
but good to start researching towards faster speeds in the future.

And don't get me wrong - I'm very interested in what manta is doing.
I just think its a first step in a long journey for crypto in general.

BrokeA$$Miner

newbie

Activity: 56

Merit: 0

Quote from: chimsolotrading on January 22, 2018, 12:03:54 AM

Which differences between visa scale and google scale, a little bit vague idea behind your thread.

Google has to work with much higher request rates and more devices then visa.
Visa basically only has to work with cash registers/pos systems, and e-commerce gateways.
Google potentially has to work with every mobile phone and internet connected device (IoT) on the planet.

sqbit

newbie

Activity: 15

Merit: 0

Hi, Manta!

I have received an email from a person, who claims that the captcha solving, during the Manta distribution, can be performed by the OCR tech. How fast that tech can be?

MantaCurrency

copper member

Activity: 42

Merit: 1

Quote from: Creeptolady on January 22, 2018, 09:26:02 AM

"An extremely simplified explanation would be if Amber wants to send Bill 2 Manta, the Manta would be swapped to an untradeable/uncollectable sub-currency which would be sent to Bill then instantly swapped back into the 2 Manta which allows for privacy, all verified through proper nodes."

Who provides the untradeable sub-currency? Will Manta create their own or would it be third-party? Privacy would be guaranteed with this but what about the security of the sub-currency transaction/swap?

Also I have never heard of Raiblocks and I'm fairly new to cryptocurrency so I would suggest that in referring to them, it would be fairer to the community to explain in detail the system they use, instead of assuming everyone is aware of it.

I'll be keeping an eye on this project as cliché as that sounds. Your roadmap timeline might be a squeeze. Hopefully you can pull through.

To answer your questions, the subcurrency, tentatively named zManta, will be sent through our proprietary protocol that serves the main Manta currency as well.

When sending a transaction, a unique zManta address will be made for the sender and receiver, which is where we are utilizing zkSNARKs to provide privacy with zero-knowledge proofs.

The receiver simply has to be connected to the node to use their proof of work to verify and receive the transaction.

We'll be releasing an easy to understand paper of this later this week.

Hope this helps!

Lareina

full member

Activity: 430

Merit: 100

Quote from: MantaCurrency on January 22, 2018, 08:22:41 AM

Quote from: FreshB on January 22, 2018, 06:34:37 AM

I just discovered this project, and the timeline for delivery. I think its a great idea, however I hope we have more unique features added to distinguish from the lot trying to solve the same issues. As cliche as it may sound, i have my eyes glued on Manta.

Will any features from byteball be harnessed?

Byteball is incredibly interesting although our currencies differ in their intended usage. While Byteball is focused around smart contracts, Manta is focused around private, fast, and fee-less personal transactions.

While we're always interested in potentially implementing smart contracts, it's currently not feasible.

Quote from: bengems on January 22, 2018, 07:28:55 AM

nice project, it sounds like one of Tezos key features...i would like to take part in the bounty, is there any?

Thanks for the kind words! As for a bounty, we plan on having one in the future.

waitting for your bounty campaign sir ,give me a chance.

Creeptolady

member

Activity: 70

Merit: 13

"An extremely simplified explanation would be if Amber wants to send Bill 2 Manta, the Manta would be swapped to an untradeable/uncollectable sub-currency which would be sent to Bill then instantly swapped back into the 2 Manta which allows for privacy, all verified through proper nodes."

Who provides the untradeable sub-currency? Will Manta create their own or would it be third-party? Privacy would be guaranteed with this but what about the security of the sub-currency transaction/swap?

Also I have never heard of Raiblocks and I'm fairly new to cryptocurrency so I would suggest that in referring to them, it would be fairer to the community to explain in detail the system they use, instead of assuming everyone is aware of it.

I'll be keeping an eye on this project as cliché as that sounds. Your roadmap timeline might be a squeeze. Hopefully you can pull through.

MantaCurrency

copper member

Activity: 42

Merit: 1

Quote from: FreshB on January 22, 2018, 06:34:37 AM

I just discovered this project, and the timeline for delivery. I think its a great idea, however I hope we have more unique features added to distinguish from the lot trying to solve the same issues. As cliche as it may sound, i have my eyes glued on Manta.

Will any features from byteball be harnessed?

Byteball is incredibly interesting although our currencies differ in their intended usage. While Byteball is focused around smart contracts, Manta is focused around private, fast, and fee-less personal transactions.

While we're always interested in potentially implementing smart contracts, it's currently not feasible.

Quote from: bengems on January 22, 2018, 07:28:55 AM

nice project, it sounds like one of Tezos key features...i would like to take part in the bounty, is there any?

Thanks for the kind words! As for a bounty, we plan on having one in the future.

bengems

full member

Activity: 266

Merit: 100

nice project, it sounds like one of Tezos key features...i would like to take part in the bounty, is there any?

FreshB

sr. member

Activity: 308

Merit: 250

The Movement DAO

I just discovered this project, and the timeline for delivery. I think its a great idea, however I hope we have more unique features added to distinguish from the lot trying to solve the same issues. As cliche as it may sound, i have my eyes glued on Manta.

Will any features from byteball be harnessed?

MantaCurrency

copper member

Activity: 42

Merit: 1

Quote from: steelslo on January 21, 2018, 06:47:37 AM

Hope you can answer me on the following question: How does this coin differ from the project Stone or from the project Azulik? They are all using the RaiBlock code. All three projects seems to be solving the same problem

As for comparing us to those 2 projects, our core design is similar although they claim to reach unrealistic speeds which is why we have our doubts on them, though we're always happy to be proven wrong.

chimsolotrading

newbie

Activity: 59

Merit: 0

Quote from: BrokeA$$Miner on January 21, 2018, 02:31:34 PM

Quote from: Swinging Phallus on January 21, 2018, 02:28:17 PM

I won't be buying but I'll be watching.

I'm in the same position for now. This is a huge undertaking for even a large dev. team, and the timeline is extremely aggressive.
Still, I feel current coins need orders of magnitude more tps. So every push in that direction is worth exploring. Hopefully,
we'll get more feed back soon.

edit: I think coins need to move away from 'visa' scale, and be shooting closer to 'google scale'.

Which differences between visa scale and google scale, a little bit vague idea behind your thread.

BrokeA$$Miner

newbie

Activity: 56

Merit: 0

Quote from: Swinging Phallus on January 21, 2018, 02:28:17 PM

I won't be buying but I'll be watching.

I'm in the same position for now. This is a huge undertaking for even a large dev. team, and the timeline is extremely aggressive.
Still, I feel current coins need orders of magnitude more tps. So every push in that direction is worth exploring. Hopefully,
we'll get more feed back soon.

edit: I think coins need to move away from 'visa' scale, and be shooting closer to 'google scale'.

Swinging Phallus

full member

Activity: 266

Merit: 103

Hmm, Not quite sure what to say about this. To be honest I love the idea and I think it is interesting, the only thing that I question is the background of the team. I won't be buying but I'll be watching.

articrypto

member

Activity: 140

Merit: 10

I follow this one, wait for a strong update.

MacronMiner

jr. member

Activity: 266

Merit: 1

Scam Hunter

I will follow this crypto.

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