[PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency - page 75.

hoolio

sr. member

Activity: 273

Merit: 251

Quote from: rumpel_tusk on December 30, 2017, 06:10:33 PM

I think I'm going to unfollow this thread. This feels very strange too me and I don't want to witness the scam unfold.

I think that everyone who is donating understands the risks here. If it was an ICO with a nice website and a lot of promises in the whitepaper the risks would be the same.

But I still agree that an escrow would be much better.

PerfectCoinSeeker

newbie

Activity: 31

Merit: 0

I respectfully agree with many of the opinions here that an initial distribution method focused on a more equal distribution to the many rather than a few would provide far greater utility to the world. Hopefully Felix can provide greater clarity on this and many other aspects of the project soon.

rumpel_tusk

full member

Activity: 171

Merit: 105

I think I'm going to unfollow this thread. This feels very strange too me and I don't want to witness the scam unfold.

Showlow

newbie

Activity: 5

Merit: 0

Quote from: xibeijan on December 30, 2017, 05:05:40 PM

Another newbie.. activity 1

So posting shit 1000 times like your last post is more valuable you say? ;-)

JamesMangan

newbie

Activity: 15

Merit: 0

Quote from: xibeijan on December 30, 2017, 05:05:40 PM

Quote from: Showlow on December 30, 2017, 04:51:15 PM

Quote from: cchub on December 29, 2017, 03:27:01 PM

Another newbie.. activity 1

I made my account because frankly most of the stuff on this site is repetitive and drab, exciting concepts will get people out of the woodwork to create new accounts.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: Showlow on December 30, 2017, 04:51:15 PM

Quote from: cchub on December 29, 2017, 03:27:01 PM

The list could be even shorter: private (ZK-SNARKS) and instant are already impossible with the current options. Zcash takes a long time to process ZK-SNARKS. Dash and even Monero are not 100% private.

I would argue that Monero is as private as it can be and currently is the ultimate privacy crypto; Both Dash and Zcash have many flaws.

As for Stone; Almost instant and fee-less transactions, and mandatory privacy, that Felix is proposing, is very tempting and promising! I hope there is more than vapor, it almost sounds too good to be true.

I am however definitely following! If this fails, I will be constantly looking for something similar that is is in the works.
Will donate as soon as some details/code is delivered + escrow is implemented.

Good luck Felix, I really hope you will deliver!

Another newbie.. activity 1

Showlow

newbie

Activity: 5

Merit: 0

Quote from: cchub on December 29, 2017, 03:27:01 PM

The list could be even shorter: private (ZK-SNARKS) and instant are already impossible with the current options. Zcash takes a long time to process ZK-SNARKS. Dash and even Monero are not 100% private.

I would argue that Monero is as private as it can be and currently is the ultimate privacy crypto; Both Dash and Zcash have many flaws.

As for Stone; Almost instant and fee-less transactions, and mandatory privacy, that Felix is proposing, is very tempting and promising! I hope there is more than vapor, it almost sounds too good to be true.

I am however definitely following! If this fails, I will be constantly looking for something similar that is is in the works.
Will donate as soon as some details/code is delivered + escrow is implemented.

Good luck Felix, I really hope you will deliver!

PrinceOfPersia711

newbie

Activity: 32

Merit: 0

Quote from: PerfectCoinSeeker on December 30, 2017, 01:23:01 PM

Thank you all for the feedback. I've just updated stonecurrency.org with a link to this forum as a resource and added all the donation addresses contributing to the main development of the project. Any more suggestions are appreciated. Thank you!

I really like the logo. The website looks like a really good start, nice and clean. I can't wait to see where this project goes, it's great that we are already seeing some progress. I will be keeping a close eye

TheTenIsDog

newbie

Activity: 8

Merit: 0

Quote from: PerfectCoinSeeker on December 30, 2017, 01:23:01 PM

Thank you all for the feedback. I've just updated stonecurrency.org with a link to this forum as a resource and added all the donation addresses contributing to the main development of the project. Any more suggestions are appreciated. Thank you!

Mate eventhough what you've done is sincere and great, I would suggest to shut it off temporarily, until the dev show some fruit of his work, espescially the donation page, just to mitigate some unwanted scenarios Wink

Just to be fair, eventhough I donated small chump, it is still a lot of unknown...

PerfectCoinSeeker

newbie

Activity: 31

Merit: 0

Thank you all for the feedback. I've just updated stonecurrency.org with a link to this forum as a resource and added all the donation addresses contributing to the main development of the project. Any more suggestions are appreciated. Thank you!

harbinger-alpha

member

Activity: 107

Merit: 10

Quote from: BountyX on December 30, 2017, 11:40:33 AM

Now I suddenly understand the reason of the huuuuge rise in price of RAIBLOCKS recently - people want to catch 2 coins with one buy.

I don't think its that type of fork. It will be using the RaiBlocks code but not an actual fork using old addresses and balances.

Great project by the way. I am considering donating some ETH- but hope this is for real.

BountyX

full member

Activity: 352

Merit: 100

Now I suddenly understand the reason of the huuuuge rise in price of RAIBLOCKS recently - people want to catch 2 coins with one buy.

CyraxMax

member

Activity: 139

Merit: 10

I'm watching this. There are a number or red flags as some other members have pointed out.
Lets see where this goes.

spyshagg

full member

Activity: 176

Merit: 100

Quote from: Jester. on December 30, 2017, 09:11:25 AM

I have a great idea for distribution, leave 30% to donators, then the other 70% do a bitcoin airdrop/merge, the same thing which zclassic is doing right now.

Please get back to me with your thoughts, i'm sure the rest of the community would support this.

From here on, Its all about what kind of "coin" you want to "be" in this world.

If what fuels the developer passion for the project is quick personal economic growth, then yes distribute it using methods that already favor the able, rich and wealthy.

In that case, the only semblance to raiblocks its the fact it was forked from it.

He has one chance to fairly decentralize a coin. What he will choose will steer the project.

AncientMystery

member

Activity: 165

Merit: 10

“The Future of Security Tokens”

This will be an upgraded version of RAI blocks? You add privacy functions? Is there a reason to support your project more than RAI that could add privacy in future?

rammanbl4

full member

Activity: 252

Merit: 100

Hi, I'm very interested in your project. Unfortunately, while I can not afford to give you donations. But I can advertise your project for free. I have a Twitter and fb with a lot of subscribers. And most importantly, this is a large Russian community in a telegram. If you are interested in my offer, please reply me

Jester.

newbie

Activity: 24

Merit: 0

I have a great idea for distribution, leave 30% to donators, then the other 70% do a bitcoin airdrop/merge, the same thing which zclassic is doing right now.

Please get back to me with your thoughts, i'm sure the rest of the community would support this.

PGPpfKkx

hero member

Activity: 586

Merit: 501

please don't put smart contracts. there are a gazillion other platforms for this

Yodax

newbie

Activity: 32

Merit: 0

Quote from: ?? on ??

Quote from: PerfectCoinSeeker on December 29, 2017, 03:18:56 PM

I reserved StoneWallet.org & ioWallet.org for the project, just in case. I'm also experimenting with different icons of the prospective brands. Substantive, yet simple concepts.
https://image.ibb.co/kdhzpw/stone_icon.png
https://image.ibb.co/b8f8hG/iopay_icon.png

The first one are amazing. Congratulations.

Definitely first one

Chris180BTC

jr. member

Activity: 69

Merit: 8

Quote from: bigcountry50 on December 30, 2017, 12:48:03 AM

Crazy. Are people really donating? Or is a lot of it OP sending money to himself trying to get others donate also?

--OP shows no real knowledge of the technology just copies and pastes info about zkSNARKs
--has presented no code or anything tangible
--self moderated topic
--anonymous
--shows no previous work

Just look at his post history. There is no indication that he is any kind of developer or has any low level knowledge of cryptocurrencies.

Has there ever been a legit coin that started off like this and asked for donations before even presenting anything tangible? I would love to know if there has.

I'm sure this will be deleted...

Very valid points. I would highly advise that no member donates until the project details are published.

Topic: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency - page 75. (Read 42234 times)