Topic: [PRE-ANN] Paper - DAG Real World Asset Exchange - page 4. (Read 2293 times)
Hi dev, you already decided how will be the distribution? Faucets?
without the white paper I still think this paper has something to do with the 'scam' DAG stone thread
I never understood that. How would a whitepaper really prove that it's not a scam. It would take far less knowledge and time to write a paper than to actually develop the code.
I'd rather prove this with code than a theoretical paper.
without the white paper I still think this paper has something to do with the 'scam' DAG stone thread
Ummm? 
I'd be happy to explain any questions you may have.
What's the thing about ownership of a phyiscal asset?
That's where the value of the DAG Ledger comes from. Each physical asset you hold in real life will be given it's own ledger (similar to how RaiBlocks ledger system works), which will store that asset's Unique Identifying Key, along with other data points hashed out in the creation of the item.
So, say you buy a car from BMW.
BMW will have a ledger created at the formation of the car, which will list the true owner of the vehicle (BMW). Once the chain confirms your transaction (using Paper tokens), there will be a new block created under the car's ledger showing the transfer of ownership.
How can you make linking physical assets to a ledger decentralized and trustless?
Think of the ledger as an immutable data storage container, which shows each real world asset through it's life cycle. This asset will have it's own chain, where you as the owner of the item can record any information you so choose on the item, as well as initiate the transfer of ownership to any other account you so choose.
The main node will simply have every single asset public key - paired with the owner's public key. This greatly reduces data issues as anybody that hosts the full node would only need to store those blocks. The only updates that affect a full node are the changes in ownership of assets.
What I'm currently working on building is the master node, this is what will be built on a DAG Protocol
What is name PAPER for?
Because before this ledger, in order for an asset to be under your possession (like a house), you needed an official paper document saying so
You have my vote of support! Happy to help (non-tech) if/when the time comes.
D
Thank you! I'll regularly post in this forum so be on the look out.
Hi dev, i think that will be a good project, when do you will show us the whitepaper?
Currently, I want to focus on creating a working, scalable system before I make a whitepaper.
When you release the whitepaper, i would like to help in translation to portuguese.
me too
I'll note both of you in a sheet.
Hope you will finish this project.
One thing I can guarantee is that I'll have some working prototype of this.
dear dev, suggest using Byteball to build the structure
Noted. I don't have much experience with Byteball's framework other than it follows a DAG protocol similar to IOTA and has a pretty decent encryption method.
Right now I'm looking into RaiBlocks because its implementation of a ledger for each account would be incredibly useful for this.
Ummm?
I'd be happy to explain any questions you may have.
What's the thing about ownership of a phyiscal asset?
That's where the value of the DAG Ledger comes from. Each physical asset you hold in real life will be given it's own ledger (similar to how RaiBlocks ledger system works), which will store that asset's Unique Identifying Key, along with other data points hashed out in the creation of the item.
So, say you buy a car from BMW.
BMW will have a ledger created at the formation of the car, which will list the true owner of the vehicle (BMW). Once the chain confirms your transaction (using Paper tokens), there will be a new block created under the car's ledger showing the transfer of ownership.
How can you make linking physical assets to a ledger decentralized and trustless?
dear dev, suggest using Byteball to build the structure
Hope you will finish this project.
Hi dev, i think that will be a good project, when do you will show us the whitepaper?
Currently, I want to focus on creating a working, scalable system before I make a whitepaper.
When you release the whitepaper, i would like to help in translation to portuguese.
me too
Hi dev, i think that will be a good project, when do you will show us the whitepaper?
Currently, I want to focus on creating a working, scalable system before I make a whitepaper.
When you release the whitepaper, i would like to help in translation to portuguese.
What is name PAPER for?
Because before this ledger, in order for an asset to be under your possession (like a house), you needed an official paper document saying so
You have my vote of support! Happy to help (non-tech) if/when the time comes.
D
What is name PAPER for?
Because before this ledger, in order for an asset to be under your possession (like a house), you needed an official paper document saying so
If decent source code is posted, this project will definitely gain great popularity.
Hi dev, i think that will be a good project, when do you will show us the whitepaper?
Currently, I want to focus on creating a working, scalable system before I make a whitepaper.
Ummm?
I'd be happy to explain any questions you may have.
What's the thing about ownership of a phyiscal asset?
That's where the value of the DAG Ledger comes from. Each physical asset you hold in real life will be given it's own ledger (similar to how RaiBlocks ledger system works), which will store that asset's Unique Identifying Key, along with other data points hashed out in the creation of the item.
So, say you buy a car from BMW.
BMW will have a ledger created at the formation of the car, which will list the true owner of the vehicle (BMW). Once the chain confirms your transaction (using Paper tokens), there will be a new block created under the car's ledger showing the transfer of ownership.
Hi dev, i think that will be a good project, when do you will show us the whitepaper?
Ummm?
I'd be happy to explain any questions you may have.
What's the thing about ownership of a phyiscal asset?
What exactly are you publicly pre-announcing here? No ICO, no donations. What do you want from the community here? Prayers? Devs? I don't get it...
This is an announcement that there is more on the way, and to see what the community thinks of such a project.
An announcement that there is everything more on the way because you have done nothing so far. In theory this is a pre-pre-pre-pre-ann. This is just a waste of time. You should only pre-announce projects that are already ongoing. What you announced was a mere idea of doing something great.
I already have a semi-functioning implementation of it, using a fork of IOTA. I posted this because the project is ongoing, and wanted to gauge reaction and interest in the project.
What exactly are you publicly pre-announcing here? No ICO, no donations. What do you want from the community here? Prayers? Devs? I don't get it...
This is an announcement that there is more on the way, and to see what the community thinks of such a project.
An announcement that there is everything more on the way because you have done nothing so far. In theory this is a pre-pre-pre-pre-ann. This is just a waste of time. You should only pre-announce projects that are already ongoing. What you announced was a mere idea of doing something great.
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