[PRE-ANN] RAY - The Worlds First Project of Privacy and DApps

gloryT

newbie

Activity: 6

Merit: 0

Quote from: RayCurrencyTeam on May 13, 2021, 06:03:33 PM

Quote from: Cloudex123 on May 01, 2021, 06:49:34 AM

Date Registered: February 12, 2021, 11:24:42 PM
Last Active: March 09, 2021, 08:25:01 PM

you should be more active Wink

I'm aware that I've been quiet on btctalk and I do not want to keep people in the dark.

While developmental hurdles have been challenging, not to add any sob stories but I must say it was hard to handle my mother had falling to COVID and it was the roughest period of my life and I needed time to sort myself out.

After taking time for myself, it's helped a lot. COVID sucks an unfathomable amount and it's not fair, but life goes on.

I knows it's too personal, but I'm happy to have finally started working with my partner on this project and helping it come to fruition.

I'm so sorry for that, stay strong and stay healthy. I support your project.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: Cloudex123 on May 01, 2021, 06:49:34 AM

Date Registered: February 12, 2021, 11:24:42 PM
Last Active: March 09, 2021, 08:25:01 PM

you should be more active Wink

I'm aware that I've been quiet on btctalk and I do not want to keep people in the dark.

While developmental hurdles have been challenging, not to add any sob stories but I must say it was hard to handle my mother had falling to COVID and it was the roughest period of my life and I needed time to sort myself out.

After taking time for myself, it's helped a lot. COVID sucks an unfathomable amount and it's not fair, but life goes on.

I knows it's too personal, but I'm happy to have finally started working with my partner on this project and helping it come to fruition.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Hi everyone, just posting a quick update on the status of our project.

We've had some successful tests recently regarding our nodes and have seen promising results.

Ray is still our top goal, and we've been motivated as our currency utilizes a DAG-lattice style topology and would fare well regarding the current focus on Eco-friendly cryptocurrencies.

We know that a currency involving private transactions and smart contracts would be able to be at the top of current cryptocurrencies, and are getting closer to our release and working as hard as we can.

We appreciate the members that have responded here, and I can answer any questions regarding development and our future release.

Cloudex123

newbie

Activity: 13

Merit: 0

Date Registered: February 12, 2021, 11:24:42 PM
Last Active: March 09, 2021, 08:25:01 PM

you should be more active Wink

gloryT

newbie

Activity: 6

Merit: 0

No more update or information ?

gloryT

newbie

Activity: 6

Merit: 0

Quote from: RayCurrencyTeam on March 09, 2021, 04:25:01 PM

Quote from: HalaMadrid2021 on March 06, 2021, 01:56:08 PM

I am new to the market but didn't notice anyone seeking donations. What is the purpose of it?

The purpose of accepting donations is to fund our development as we're currently working on the project part-time, as well as having funds to use for marketing once we're launched. We'd love to make this our full time project, although donations are certainly not necessary.

So when you guys will working on this project full-time? The project look interesting to me, but the whitepaper is not very detail. Please update it so that we can have a general idea about the project.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: HalaMadrid2021 on March 06, 2021, 01:56:08 PM

I am new to the market but didn't notice anyone seeking donations. What is the purpose of it?

The purpose of accepting donations is to fund our development as we're currently working on the project part-time, as well as having funds to use for marketing once we're launched. We'd love to make this our full time project, although donations are certainly not necessary.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Update: Hi everyone, we've been working hard on Ray and are proud to announce that we've recently completed simulations and some stress tests on our network and they've proved to be very successful!

We're very happy with this and are looking forward to having a private testnet released in the future for further testing.

Other then that, we are focused on making sure our currency and platform is secure before it is launched and there has not been any major problems. We are hoping to reach our April release date and are very excited to having the most useful platform yet!

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: 1st time on March 08, 2021, 04:00:25 AM

When the airdrop campaign will be launch? Is it will be on bitcointalk?

Yes, we will have the airdrop and such launched here on bitcointalk.

1st time

newbie

Activity: 61

Merit: 0

When the airdrop campaign will be launch? Is it will be on bitcointalk?

sedinvore

jr. member

Activity: 130

Merit: 1

Quote from: HalaMadrid2021 on March 07, 2021, 12:45:26 PM

I want to donate for RAY. When I will receive the RAY token after I sent donations?

You willl receive the token on April. So within a month, they will send you the RAY

HalaMadrid2021

newbie

Activity: 10

Merit: 0

I want to donate for RAY. When I will receive the RAY token after I sent donations?

sedinvore

jr. member

Activity: 130

Merit: 1

Quote from: HalaMadrid2021 on March 06, 2021, 01:56:08 PM

I am new to the market but didn't notice anyone seeking donations. What is the purpose of it?

They are taking donations for the further development of the project.

HalaMadrid2021

newbie

Activity: 10

Merit: 0

I am new to the market but didn't notice anyone seeking donations. What is the purpose of it?

gloryT

newbie

Activity: 6

Merit: 0

Quote from: RayCurrencyTeam on March 05, 2021, 02:34:44 AM

Quote from: futterlod on March 04, 2021, 05:28:08 PM

When you are going to list in exchange?

This is still incredibly early although our goal is to be on exchanges soon after we are released, which is in sometime in April of this year!

I dont see any update on whitepaper? Is it possible to release it in April this year ?.

1st time

newbie

Activity: 61

Merit: 0

Quote from: sedinvore on March 05, 2021, 02:14:16 PM

Is a private sale going on? Or do you have any date for the pre-sale?

No, but they have a donation method to have RAY. Just send them a PM to receive RAY.

sedinvore

jr. member

Activity: 130

Merit: 1

Is a private sale going on? Or do you have any date for the pre-sale?

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: futterlod on March 04, 2021, 05:28:08 PM

When you are going to list in exchange?

This is still incredibly early although our goal is to be on exchanges soon after we are released, which is in sometime in April of this year!

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: lucas18 on March 04, 2021, 04:09:49 PM

Quote from: khudro on March 04, 2021, 02:03:06 PM

In which exchange you prefer to be added on? You should think about this.

At least Admin should think about Uniswap. That will be great if RAY added on Uniswap.

We think uniswap would be a great way to allow ease of trading of our currency and definitely plan on it being the first place that it will be available once fully released after our donation phase!

futterlod

jr. member

Activity: 64

Merit: 1

When you are going to list in exchange?

Altcoin Reviewer

jr. member

Activity: 202

Merit: 1

Do you guys accept stable coins like USDC or USDT? Or just BTC, ETH for donation.

lucas18

jr. member

Activity: 396

Merit: 5

Quote from: khudro on March 04, 2021, 02:03:06 PM

In which exchange you prefer to be added on? You should think about this.

At least Admin should think about Uniswap. That will be great if RAY added on Uniswap.

khudro

jr. member

Activity: 159

Merit: 1

In which exchange you prefer to be added on? You should think about this.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: ADAM Alams on March 03, 2021, 06:23:49 PM

How RAY do ensures of security in its system?

We are having RAY professionally reviewed to assess any potential vulnerabilities, as well as our main focus being on that our private transactions cannot be reverse engineered and such. As for that it's looking well so far, and this is our top priority by far.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: gloryT on March 03, 2021, 09:07:32 PM

Can I have the information of the developers? Linkedin profile,.. etc.

Hi there, we're currently keeping our identities private as it would conflict with our current company, we plan to be public once we're able to have RAY be our full time project.

gloryT

newbie

Activity: 6

Merit: 0

Can I have the information of the developers? Linkedin profile,.. etc.

ADAM Alams

newbie

Activity: 50

Merit: 0

How RAY do ensures of security in its system?

kinchit

jr. member

Activity: 121

Merit: 1

Is the price per RAY decided? What is the price for 1 RAY?

Vienure

jr. member

Activity: 148

Merit: 2

Quote from: ?? on ??

I would like to go with 100 USD for 6000 ray how would it be possible, how will I receive the ray ?

Quote from: RayCurrencyTeam on February 17, 2021, 03:29:26 AM

PLEASE READ OUR TLDR AT THE BOTTOM!

TLDR:

We've had some questions in our PM's about various functionalities and feel that this should help explain our purpose.

Is RAY Fee-less?

Yes RAY is going to be fee-less, as well as have private transactions.

Will balances be viewable?

No, account balances will be private similar to Monero

What makes this different from Monero?

This is planned to expand on what Monero provides by allowing data to be transferred within smart contracts similar to how Etheruem has many use cases outside of a currency transaction.

We hope to truly change the standard for Crypto capabilities.

Our Donation Addresses for Early Ray (Please PM us beforehand so we can confirm the sending address) -
BTC - bc1qdd2q786tf8lx8escp44qrhz9pur2h59u5qdgrp
ETH - 0xb0E052d37E2a78841700AEdA8590060C737bD0b8
NANO - nano_3cf4htbru1t5s7amdgpb3hkrek7ct18fjpypbfpg6yseo7bdgczknfmuja3z

I want to get also some RAY.Let me know if you know how can I buy RAY.

Vienure

jr. member

Activity: 148

Merit: 2

How can I invest in RAY?

Altcoin Reviewer

jr. member

Activity: 202

Merit: 1

Quote from: lucas18 on March 03, 2021, 01:47:52 PM

Does RAY look similar to Monero? am I correct? If not, what's the difference?

This is planned to expand on what Monero provides by allowing data to be transferred within smart contracts similar to how Etheruem has many use cases outside of a currency transaction.

Source: OP

lucas18

jr. member

Activity: 396

Merit: 5

Does RAY look similar to Monero? am I correct? If not, what's the difference?

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote

From the whitepaper, the total RAY will be 33,554,432. Though we may have to wait for the confirmation.

Yes, that's our current total currency. We feel that this is an appropriate amount, as to not have it too rare and such.

khudro

jr. member

Activity: 159

Merit: 1

Quote from: NEWICO INVESTOR on March 02, 2021, 02:06:18 PM

What will be the total RAY? I mean the max supply.

From the whitepaper, the total RAY will be 33,554,432. Though we may have to wait for the confirmation.

NEWICO INVESTOR

jr. member

Activity: 207

Merit: 2

What will be the total RAY? I mean the max supply.

kinchit

jr. member

Activity: 121

Merit: 1

Any date decided to release RAY currency? We know it's still in development.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: Altcoin Reviewer on March 01, 2021, 05:01:49 PM

I clicked the donation list link and it says 403 error. I think op should check the link.

Hi there, we've fixed that. Thank you for pointing that out!

Altcoin Reviewer

jr. member

Activity: 202

Merit: 1

I clicked the donation list link and it says 403 error. I think op should check the link.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: lucas18 on March 01, 2021, 01:34:58 PM

I liked the fact that transaction fees are free for all. Today in the market we faced this problem very often particularly when it comes to bitcoin.

Thank you, I appreciate the kind words! We're very happy that we're able to be fee-less as bitcoin and other currencies have gotten out of hand with this problem.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: NEWICO INVESTOR on March 01, 2021, 09:03:32 AM

What is the website link of your project? I couldn't find any. Do you have a date for pre-sale?

Hi there! This is our current platform for the project, although we plan on releasing our own site eventually.

As for pre-sale, it's currently open! Any donations, though certainly not required, are greatly appreciated and will be appropriately given Ray when the nodes are open!

lucas18

jr. member

Activity: 396

Merit: 5

I liked the fact that transaction fees are free for all. Today in the market we faced this problem very often particularly when it comes to bitcoin.

NEWICO INVESTOR

jr. member

Activity: 207

Merit: 2

What is the website link of your project? I couldn't find any. Do you have a date for pre-sale?

killerkeemstar

newbie

Activity: 31

Merit: 0

The whitepaper looks like a great start! Looking forward to more developments, this will be better than any currency when it comes out

Commadante2

jr. member

Activity: 112

Merit: 1

your project has good potentials.I want to be part of your project.Can I donate litecoin?

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: Bushadamfus on February 28, 2021, 03:51:00 PM

How can I donate?

Hi Bushadamfus! Simply PM us the wallet and currency you're sending from to donate and be added to the list.

Bushadamfus

jr. member

Activity: 65

Merit: 2

Quote from: RayCurrencyTeam on February 17, 2021, 03:29:26 AM

PLEASE READ OUR TLDR AT THE BOTTOM!

TLDR:

We've had some questions in our PM's about various functionalities and feel that this should help explain our purpose.

Is RAY Fee-less?

Yes RAY is going to be fee-less, as well as have private transactions.

Will balances be viewable?

No, account balances will be private similar to Monero

What makes this different from Monero?

This is planned to expand on what Monero provides by allowing data to be transferred within smart contracts similar to how Etheruem has many use cases outside of a currency transaction.

We hope to truly change the standard for Crypto capabilities.

Our Donation Addresses for Early Ray (Please PM us beforehand so we can confirm the sending address) -
BTC - bc1qdd2q786tf8lx8escp44qrhz9pur2h59u5qdgrp
ETH - 0xb0E052d37E2a78841700AEdA8590060C737bD0b8
NANO - nano_3cf4htbru1t5s7amdgpb3hkrek7ct18fjpypbfpg6yseo7bdgczknfmuja3z

Donation List - https://pastebin.com/pYXTDZHs

Whitepaper - https://www.docdroid.net/NdhrA5u/newwp-copy-pdf

How can I donate?

Alfredbolk

jr. member

Activity: 154

Merit: 1

I really liked your project.I would like to know more about your project.Do you have whitepaper?

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Hi everyone, while we're currently working on our tests to release Ray soon, we've decided to release a preliminary whitepaper to explain the function of our currency! https://www.docdroid.net/NdhrA5u/newwp-copy-pdf

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: killerkeemstar on February 23, 2021, 01:52:11 PM

Would you mind having a public donations list? Makes it easier to view so others can audit.

We've added a donations list at the bottom of our original post.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: ?? on ??

How long is this sale 50 USD - 3000 RAY ? 100 USD - 6000 RAY

The rate is the same and the donations will be open until we've reached our funding cap or until our nodes are live. If there are non-reserved Ray, the excess will simply be burned.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: killerkeemstar on February 24, 2021, 03:33:52 PM

How would data transfer be possible if there aren't fees? I'm trying to understand this on a technical perspective

The data-transfer is possible due to the individual ledgers being updated and verifying tx data through the independent distributed ledgers which each account has that is linked.

Essentially, this is doable as the data that is required to be synchronized and the data that is updated with each transaction is efficient and does not burden the nodes.

killerkeemstar

newbie

Activity: 31

Merit: 0

How would data transfer be possible if there aren't fees? I'm trying to understand this on a technical perspective

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: ?? on ??

I would like to go with 100 USD for 6000 ray how would it be possible, how will I receive the ray ?

Hi yam1231, our distribution method is to have the RAY sent to an address of your choosing once our platform is fully launched! This is intended for early contributors to help development and take an early stake in RAY.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Hi everyone, thank you for your support and interest so far for our project, it truly means a lot! It's Laith and I'm announcing that we've added an important FAQ as we've received some questions about exactly what our currency and platform will be capable of.

We hope this helps!

We also plan to have some exciting news regarding technical developments in the next few days!

panocreogreo

newbie

Activity: 10

Merit: 0

Do you guys have plans for exchanges?

killerkeemstar

newbie

Activity: 31

Merit: 0

Would you mind having a public donations list? Makes it easier to view so others can audit.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Hi coinexplorer!

That would be equal to 3000 RAY.

coinexplorer64

newbie

Activity: 5

Merit: 0

Very nice looking project, I'm happy I found this early. How much Ray would $50 give?

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: radial0 on February 21, 2021, 06:12:59 PM

Sounds an exciting project - I would like to donate.

When I try to PM, it says: "User 'RayCurrencyTeam' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting."

There's a setting to allow this, if you'd like me to send you a PM before I can get promoted from being a newbie: Profile > Personal Message Options > Allow newbies to send you PMs.

Many thanks

Hi there, thank you for the kind words!

I was not aware about that, thank you for pointing that out and I've gone ahead and changed the setting.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: panocreogreo on February 20, 2021, 08:37:34 PM

Nice update to see, all the new projects are dex but this is very unique, I can take the spanish translation bounty if that's available Wink

Quote from: killerkeemstar on February 21, 2021, 02:02:25 PM

I take also take Portuguese translation if available.

Devs, is there a date yet on the whitepaper? I plan to contribute more after it comes out

We've dmed you both about the translations! As for the whitepaper, we're mostly finished with it so it should be in the next 2 weeks! Current set date is March 8th

radial0

newbie

Activity: 1

Merit: 0

Sounds an exciting project - I would like to donate.

When I try to PM, it says: "User 'RayCurrencyTeam' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting."

There's a setting to allow this, if you'd like me to send you a PM before I can get promoted from being a newbie: Profile > Personal Message Options > Allow newbies to send you PMs.

Many thanks

jibraithe38

newbie

Activity: 6

Merit: 0

This looks so underrated, I'd send you pm if I could..

killerkeemstar

newbie

Activity: 31

Merit: 0

I take also take Portuguese translation if available.

Devs, is there a date yet on the whitepaper? I plan to contribute more after it comes out

panocreogreo

newbie

Activity: 10

Merit: 0

Nice update to see, all the new projects are dex but this is very unique, I can take the spanish translation bounty if that's available Wink

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: killerkeemstar on February 19, 2021, 03:18:10 AM

Made a small donation, looking forward to how this turns out!

Thank you, we appreciate that a lot!

We'd also like to announce that we've had our first successful run on our internal test today that showed our fee-less private transaction was a success with 9 rings! We're very excited to expand on this and see if we can reach 11 rings, as well as test the scalability. We hope to inform you all on our latest developments!

killerkeemstar

newbie

Activity: 31

Merit: 0

Made a small donation, looking forward to how this turns out!

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: killerkeemstar on February 17, 2021, 10:18:01 PM

So how much would I receive if I donated?

Hi there, the total supply is planned to be 33,554,432 RAY.

With that being said, our current conversion rate would be 100 USD = 6000 RAY, or 100 GBP = 4320 RAY.

This would be done by using the CoinMarketCap value of at the time that the transaction was submitted.

killerkeemstar

newbie

Activity: 31

Merit: 0

So how much would I receive if I donated?

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

Quote from: propuh on February 17, 2021, 06:54:22 AM

Hey I want to contribute but I am not allowed to send you pm as a newbie :/

Hi there! We've included our donation addresses at the bottom of our post, since you're unable to pm, simply notify us of the address and currency that it's coming from before it's sent so that we can add you to the list!

propuh

newbie

Activity: 3

Merit: 0

Hey I want to contribute but I am not allowed to send you pm as a newbie :/

Cloudex123

newbie

Activity: 13

Merit: 0

Hello, how do I contribute? Wink

I am not allowed to send you pm's as a newbie

Am139

newbie

Activity: 12

Merit: 0

Quote from: RayCurrencyTeam on February 17, 2021, 03:29:26 AM

https://i.ibb.co/xgXf1zz/prism-Copy.png

Thank you for making it to the end! We also want to say that graphics design is not particularly our skill-set, although we tried to make it easier on the eyes than a large wall of text!

If you have seen us recently as Ray, we have decided to separate the name of the unit Ray and the platform Prism as there we're some clarity issues with what our platform is able to do, as well as we wanted to announce our standalone platform.

RayCurrencyTeam

copper member

Activity: 36

Merit: 0

The Most Powerful Currency

I'm announcing our project here first, as our Ray currency is shaping to be the most useful, powerful, and promising cryptocurrency project and we're very excited to announce that we are close to release.

Description:

- Zero fees for regular transactions
- ~5 second regular transaction confirmations on a full scale
- Directed Acyclic Graph (DAG) Ledger Combined with
- Stealth Addresses
- Ring Signatures
- Decentralized at Launch
- Zero transaction fees for completely untraceable transactions (PoW)

What Team?

Our team is comprised of two individuals, myself Laith, and my University friend and colleague Parth.

Why?

Me and my colleague have been working on a solution
that has plagued the community as we view contract-based systems truly the medium of the future and
something that is worth investing our time into.

As we've been working, we're happy to announce that our project
has become quite promising and aims to deliver on a these key principles.

Distribution

We currently plan on publicly distributing 60% of our Ray through an airdrop, and allocating 10% to a development/reward fund, with the remaining 30% between being distributed to early donators.

We plan on using this thread to update you all on our progress and to use this as an outlet to facilitate our updates and such and we appreciate your time![/center]

Is RAY Fee-less?

Yes RAY is going to be fee-less, as well as have private transactions.

Will balances be viewable?

No, account balances will be private similar to Monero

What makes this different from Monero?

This is planned to expand on what Monero provides by allowing data to be transferred within smart contracts similar to how Etheruem has many use cases outside of a currency transaction.

We hope to truly change the standard for Crypto capabilities.

Our Donation Addresses for Early Ray (Please PM us beforehand so we can confirm the sending address) -
BTC - bc1qdd2q786tf8lx8escp44qrhz9pur2h59u5qdgrp
ETH - 0xb0E052d37E2a78841700AEdA8590060C737bD0b8
NANO - nano_3cf4htbru1t5s7amdgpb3hkrek7ct18fjpypbfpg6yseo7bdgczknfmuja3z

Donation List -
killerkeemstar - https://www.blockchain.com/btc/tx/55a9a63920d81ed125f2eaf148502ec24f048c35a73b1eec61aa95c1c6b4db2d

Whitepaper - https://www.docdroid.net/NdhrA5u/newwp-copy-pdf

Topic: [PRE-ANN] RAY - The Worlds First Project of Privacy and DApps (Read 887 times)