Topic: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency - page 86. (Read 42225 times)

Donations should use escrow or could be a scam.

This thread reminds me of ZETH actually -

Without escrow 99% will turn out a scam here.

donation for what? anybody can claim he will make new perfect coin and ask for donations then disappear, byteball is a DAG currency made by a genius Dev he never asked for any donations. let have this stone ready then hold 2% of the coin t the Dev same as in Byteball,you can't ask for donation and you have nothing Physically ready yet this called Scam. Scammers are good making the project look perfect but 0% at providing the real project so if you really going to provide stop asking for donations now,provide something first then ask

Yes, I also agree 30% is commensurate.  If the developer can elaborate a bit more and show his technical knowledge, then there could be quite a lot of donations sent.

Would be nice to let the dev answer, since he's the one raising donations.

i like the idea and maybe you are that 1 of 1000 that can work with a little money and make the project a succes , there are , but i 'll wait and read this thread for some more days befor making a donation
 good luck

One possible solution is having to reveal balance to participate in PoS yourself, or to use snarks to delegate to a chosen voter (which can reveal the sum he'd been delegated but not from which account it came).

I think you should go for something with more diffientiation, like RaiSnarks or RAZK.  Orrrr just something unrelated like Nectar?


RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism.  This cannot be done if the balances are hidden using ZKsnarks.  How do you propose to solve this?

Hello all,

I appreciate the technical conversation going back and forward in this thread, its good to see some conversation which is not just about details, release dates or how to acquire coins. I appreciate all the PM's, however i am limited to 10 per hour, so its taking longer than expected to reply to them all! but i will respond to the majority.



Thanks for your input, the name Stone was derived from RaiStones.

Not all Stones sink  


I appreciate your input, if people are unhappy with the 30% we can modify this, i am not 100% of everything so far, adjustments can be made if the community feels they may be unfair or unreliable.



That's correct, however they only realistically need to communicate to each other, not the network as a whole, i will make this work.



Thanks! ah i dislike the faucet method, it creates too much monetary stress around the community, and bases the whole project around earning money, id prefer if this project was about the tech, and about the community.

You are welcome to create a logo if you have the time, i feel i should deliver a test release before any design work should be done.


I've only been a qualified software engineer for the last 13 years for a forbes top 200 company, ill let the code speak for itself.


I cannot manage the exchange side of things, i assume exchanges will have some kind of fee for buys/sells to prevent fake volume. Correct there are 2 other DAG coins, possibly 3, Stone is based around anonymity, think Monero, in the very start.


Thankyou!



On a side note; to my knowledge there is a Discord: https://discord.gg/auFsMSD - i do not have time to be in there at all times and answer all questions but i will pop in from time to time.

I donated because the fundamentals are good. A privacy-based DAG coin called Stone. There is really a lot of risks donating at this point (only an idea, anonymous dev, single small thread) so 30% is commensurate in my opinion. Of course, all that matters now is development and product release. There are hundreds of similar threads that have never gone anywhere. Good luck dev! You have my support.

how much computation does the PoW require that makes the attack unfeasible? Are we talking seconds or minutes with average PC hardware? And if it's very complex will you support mobile wallets? How many TPS will you support?

Exactly... tons of newbies... maybe of them appear strangely knowledgeable.

@Felixando

Have you worked on the XRB project in the past? If so, are you the one who decided to split and do his own thing when they cancelled the faucet?
Do you know Colin personally?

Wow, there are so many Newbie!
We’ll just have to wait and see what happens.

Will be interesting.  Time will tell.  But yes an important question is the devs programming background.  Even a link to other unrelated projects would be a boon for trust

maybe just add a "d" to the end... call it Stoned 

A fair amount of how XRB works depends on being able to see balances of accounts and their respective chains.  How can delegates vote on whether a anonymous transfer was valid if they cannot see the amounts?

Please let the developer proposing this project answer.

What about asteroids, theyre further than the moon and theyre basically stones.. Hopefully this is a real project.

Not really sure about the name STONE.

Stones sink and can't fly to the moon.  Stones are dead.

very interested in this idea and happy I found this project so early. I made an account just to show my appreciation for this idea. Love the name too. I wish you could join up with raiblocks and switch the whole name and branding over to stone, haha. They recently mentioned they are open to rebranding in an ama, Wishful thinking I know.

As far as distribution goes instead of a percentage to donors or an air drop to XRB holders or both, why not go with the Raiblocks capcha faucet distribution method? It seems like the fairest way to do a coin distribution where everyone begins on the same foot and bots or whales cant manipulate the market to get bigger stakes. If you wanted to give preferential treatment to early donors (which would probably encourage more as well) you could open up the capcha to donors first for a period (or up to a percentage of max coins is reached) before doing the public faucet. Just an idea.

Do you need any logo work done? I like your current stone logo/name quite a bit but I mean something that can become the logo representation of the coin.

I was originally interested in this, but on second look this guy doesn't even know what DAG stands for it. It's directED. Jesus christ.

And 30% to donators?

Scam. Run.