Topic: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency - page 47. (Read 42231 times)

How will the Airdrop to BTC-Holders happen?

I just wanted to point out that Stone is not the first DAG which features private transaction (Byteball does already since 2016),

but I am really curious about your project.

Are there any methods to invest? Donating would kinda be "investing"?

I have no raiblocks.

I'm also a developer with 5 years experience. To know better of Stone I think it's importance for us to know the team background in details, also you are the only developer. Can you be more specific to your tech background and what skills do you exactly use?

I apology if asking too much because can't get much info from this thread. Thanks!

To be honest, it would be fair to give XRB holders exactly the amount they currently have on their adresses. BUT, then you would have the problem with the whales and also the problem that it makes rich people even richer. So you have to come up with another solution. Since it is very difficult to be fair, one would always have to compromise.

If I were felixando, I would probably do the following (just a suggestion):

Donators
I would hold back 15% for donators and pay them out in percentage of their donation. Here the respective course should be considered at the time of the donation. If we assume a total supply of, for example, 150 million stone, that would mean 22.5 million coins go to the donors. However, I would maintain the opportunity to donate until the coin is published. In this way, you can even later collect enough money for the development and/or your work. Otherwise, the procedure would actually be considered unfair, I think.

XRB Holders
I would distribute 55% to existing XRB holders, but I would only consider accounts that hold more than 1 XRB. That would be about 40,000 accounts. I would pay those accounts exactly the same amount, ie the maximum number of coins divided by 40,000. In this way, the holders who have little get as much as the holders, whom we call whales. Assuming a total supply of 150 million Stone, that would be 82.5 million coins for XRB-Holder or 2,062.5 Stone per account.

Thread-Poster
I would rather divide the 10% for Thread Poster and also think of possible bounties. For this reason, I would give the posters here a maximum of 5% and distribute this in equal parts among the people. That would be at least 7.5 million Stone for those who post here. Another 5% I would necessarily store for any possible upcoming bounties, which could later be awarded for additional work from the community (eg website, whitepaper, translations, moderators, graphics, Facebook and/or Twitter campaigns, YouTube videos, other material, etc.).

Dev-Fund
I would increase the development fund to 10%. For example, for the sake of fairness, 5% could be immediately released (about 7.5 million Stone), another 2.5% (about 3.75 million Stone) can be blocked for 3 years, and another 2.5% (approx 3.75 million Stone) for 6 years. In this way, the Dev (Team) and / or Felixando would have a sufficient fund of development and payment every 3 years.

Faucet
In this way (see above), you would be able to distribute a total of 90% of all coins to the community. Most of them would actually hold XRB, have donated, have participated in the thread and would possibly participate in the future. Felixando would have enough money to develop the project without worry by donations and the dev-fund. Because a secure future for the project is very important. With the remaining 10% (about 15 million Stone) of the coins, I would create a Captcha Faucet, which could also be used very well as a marketing tool.

BTC-Holders
I would completely cancel the BTC Airdrop for BTC Holder. Why should you necessarily participate in BTC Holder? On the one hand you have the problem with the whales and on the other hand there are a lot of (!) mainstream users who may not even know how to claim the new coins. That's why, sooner or later, many coins would be broke here.

But these are just my subjective ideas. Feel free to optimize

So, in short:

• 15% for Donators
• 55% for XRB Holders
• 5% for Thread-Poster
• 5% for possible Bounties
• 10% for Dev-Fund
• 10% for possible Faucet

PS.: Just by the way @felixando: Testnet, please? Fourth attempt

EDIT:
The total supply of 150 million Stone should be just a suggestion or an example to describe the shares better. How high the total supply really is, of course, is the decision of felixando. So please understand only as an example for the bill. Thank you

To implement Zero Knowledge on DAG do you have evidence or technical research to make sure it's possible to finish this?

Truth be told I am so upset that I hadn't post on this thread when I had first found out on the project. I have also missed a chance to subscribe myself unto the testnet but however I will be throwing something up for donation.
I hope the project succeeds and I will be following it evermore closely; in all honesty - I am seriously surprised as to how fast you got this technology around.


Great work felixando!

This step needs a good preparation, since we have to prevent whales from getting everything. And especially block exchanges from taking part in the distribution

As an XRB holder, I look forward to my airdrop.

If this takes off, I have some powa willing to support a node.

Cheers!

The distribution plan would work better if it didn't involve airdrop to xrb/btc holders, I believe you should also decrease the proportion given to donators to 15%. Majority should be distributed fairly through a faucet.

- Masternode would be better than airdrop.

Increase the development fund drastically. that's important.


Thanks i look forward to testnet.

You my friend are one bad mofo...

I've told you that I'm a bricklayer IRL.  I'm not just any bricklayer dude, I'm a seriously gifted mason.  You get this shit done for us send me a PM and I'll come turn your house into a work-of-fucking art.  Real talk homie. <3

I think, as other mentioned, it would be a better idea if you can take a portion from XRB and BTC share and give it to privacy coin holders like monero. People who hold monero or zcash or other privacy coins care more about  projects like this than other coins. Anyway, its dev's project so its his call in the end. just giving ideas for the greater good.

Also, you need to filter out exchange wallets.

I support MasterNode.   I donot like airdrop.

This is a good question, I was also wondering about that

So that means supply will be BTC+ XRB and some more or will be less.
Is it 1:1 for BTC and 1:1 for XRB?
Or it will be 1:1 for BTC and much less for XRB.

Limiting airdrops to the most well-distributed forks of BTC, IE LTC and DCR, allows for more code reuse than designing/writing/testing another redemption mechanism for ETH, which is based on entirely different code and crypto primitives.

But if Stone did support airdrop for ETH we could use it for ETC too.

I have no idea how bolting ring sigs onto XRB compares to the existing plan.  That's crypto-magic way above my hat size and is entirely the dev's call.

I thought all you did was snort coke, bash BCash & troll everything but Monero Icebreaker

Whatya give the odds that this isn't a scam?  Someone needs to do ring signatures + DAG

Looks good. Are any of the testnet users able to provide any information?
Also what exchanges are you planning to aim for first of all?
When will the donation time stop?

Okay, it's just my idea trying to put together the best of dag with blockchain.

But it would be a very good way to distribute the coins in a heterogeneous way and maintain a secure network for much longer until you have enough users to have no problems.

Node incentive models need either continious PoW/PoS inflation or transaction fees to work. A fixed number of coins can't really manage this as sooner or later they will run out in 1-5-20 years or whatever time.

Avoid donations, when the system works and is not scam then you can reward the developers for their work, it happens that you should not trust projects that ask for gifts before showing work, if the project is good even if it is not a fraud I take my and apologize to everyone.

Airdrops are not good, you could exchange them for an incentive system to the Stods (Stone Nodes)