/biz/ - Business & Finance

>>52291932
FAQ:
>telegram
t(dot)me/DiscreetNetwork

>why is the presale on BSC if its a layer-1
the bsc stuff works as a ledger to keep track of whats owed on mainnet once its launched

>when listing on CEX
along with mainnet, confirmed for Bittrex

>team
scandinavian, no stinky jeets

>why is it superior
SCRT is DRM-tier privacy.

>what consensus
confidential proof of stake (anonymized staking) with hotseat comittee

>price target when it hits CEX
undecided. mainnet set to launch 2023, testnet = online

>why am I seeing "jeets", "curry" etc.
ERC20 tokens gets shilled on /biz/ every single fucking day, this is a layer-1, the network is live. they're seething you're not throwing your ETH/BNB at their rugpulls.

>>52291932
im sorry, no one cares about your favorite "project", jaspal

>>52291932
Once again, OP forgets instant finality, when will someone fix our general?

>>52292001
Seethe more, /xmr/ copium.

there is absolutely no reason for new buyers to get into this project after initial investors have 5x'd and had their money held hostage for nearly 2 years. if you buy this now you WILL get dumped on! this isnt fud its the truth. these guys have huge bags at 1/5th of the current price. you can check the top 100 holders, probably top 200 and see exactly when they bought and at what price. wait for this thing to dump to oblivion if you do want to buy.

>>52292204
Check the top 95 holders minus the locked dev wallets and you'll see this is FUD, as the project went live to actual chain price of ICO rose, very few initial people bought at .1, average is 0.42 which will be locked up in staking, so pic related

t. 6.3k DIST at 0.5 and not cucked by SBF

>>52292204
Obligatory: Seraphis will be implemented before mainnet launch (as per their development update posted a few days ago). Their modus operandi is to support various tx types, so Seraphis will be used for bridges/swaps where multi-sig is required, I think they worked with Sarang on the Triptych paper to address the multi-sig issue, because it's active right now, and I looked over "Discreet Core" (their C++ cryptolib) and it's a modified one of the initial PoC that was published.

The reason I'm bullish and decided to bunch a dump of BNB into this is because it's so fucking rare to see a team actually work towards something useful. I think you have a point that 86k tx/s is not gonna mean automatic adoption, but when Discript comes out, with their grants they have talked about, then it's very obviously likely to attract ADA developers that got treated as exit liquidity by IOHK.

If AZERO (which Aurem, their confidential proof of stake protocol) is anything to go off of, fees will be really slow because hotseat comittee + inexpensive hardware to validate blocks = cheap fees while still being manageable for validator node operators.

I'm in, I don't care if it goes nowhere, I'm happy to hear they got the CEX listing, we need more privacy coins regardless, and for once I'm happy in 6 years of browsing /biz/ that there's a coin that's not poopoo. I'm in the testnet group right now, and it's filled with (non-team) developers trying to build shit, so that's a good sign. An earlier thread I read had an API setup that was public-facing and there's talks of independent web/mobile wallets.

Community is good, discussion about a project is good, especially if it can catch the eyeballs of other developers for that ecosystem. Once IOHK goes the way of Enron, that's gonna be... exciting.

>>52291932
>>52291946
>Bittrex
Fuck that this is the new bull flag

>>52292864
is this in their official TG?

>>52293197
Yes.

>>52291932
Explain in retard terms, please. So this is just monero clone? Why use it instead of monero if xmr works just fine, my plug gets all his shit by using monero and never had a problem why use this instead?

>>52293906
Larger ringsig, instant finality, Triptych instead of CLSAGs, better for anonymity overall + Tor compatible.

>>52293906
I'm in both.

>>52291932
It's in times like these I feel kalm with DIST. what a shitshow of a market, can't wait to this for release when things are calmed

>>52291932
its scary as shit to buy anything with BNB right now, i want to convert but who's to say the price wont plummet as I go to check out and I end up with 1k instead of 4k lol

>>52292384
SEERAPHIS NOWHERE NEAR COMPLETED. THIS GUY IS A SCAMMING PAJEET.

>>52295227
oh look it's this fucking fudder again. Jamtis is already fully specced, but you know that, you're just too deep in the XMR sauce.

>>52291932
Soo wen main net? Don't say in 2023.. I might pick up a bag or 2.

>>52295575
2023.

>>52291932
POST MORE DISTCHANS. BLESSED CZ.

>>52295644
Thanks bruh

>>52294007
> better for anonymity overall
No one knows what fraction of transactions will end up being private, and without enough users opting in, the privacy is greatly reduced.

>Tor compatible
Monero is Tor compatible. Maybe this will require less configuration than monerod for it, but that's not a sure thing yet.
I dunno if anyone feels the need to use Monero over Tor though, it doesn't seem like it adds anything real. Obscuring an IP address, but a VPN can do that too.

>>52296289
So the transaction speed would make it infinitely better for webshops in general, the Monero network has several godnodes, which I believe this network implementation fixes. Dont know for sure, but just infinitely faster in terms of speed (subsecond, not 15 minutes), with instant finality.

>>52291932
when does the ICO end?

>>52296870
>when does the ICO end?
Open testnet, presumably

>>52295538
Oh wow a proof of concept for jamtis means that it is already completed! (It's not the same thing nigger).
Fucking kill yourself scammer.
Seraphis is still over a year away and the devs coding and planning it are all involved with Monero. Then we will hire auditors to make sure the code works. Then and only then will it be released. You are a gigantic scamming faggot and Discreet has contributed literally nothing to the space. All you did was add ring signatures (which doesn't improve your anonymity anyways considering nobody uses your shitcoin meaning you have no anon set) and slapping a premined proof of stake scam on top of things.
All you are doing is lying about innovations that other people are making and then saying Discreet is adding them, which isn't true.
Hopefully no anons fall for this scam.

>>52297206
thanks, just confirmed you came straight from /xmr/, and obviously have no fucking clue what you're talking about. you must be seething right now about the markets.

HAHAHAHAHA. FINALLY. EXPLORER IS UP TOO. FUCK NIGGERS.

>>52297334
https://github.com/monero-project/meta/issues/748
Kys scammer. Here is the MRL literally discussing seraphis last week. There is still so much work to be done.

>>52297681
It's a private company, the formal specifications are released, just because it's not developed doesnt mean it cannot be implemented, I dont even hold this, but this might not be your strong suit.

>>52297681
discript is also based on eUTXO and not formally specified outside of Discreet, is that a scam too? "le new privacy tech cant be done unless monero does it first", mouthbreather.

>>52297768
Lmao. The Monero developers are the ones creating seraphis. Discreet has done no work on seraphis you pajeet scammer. I literally linked you to the Monero research lab discussing seraphis. Discreet has nothing like that because they aren't actually developing anything.
>>52297807
>le new privacy tech cant be done unless monero does it first
1. Seraphis is currently in development by Monero developers as I have just proven with a chat log link.
2. Discreet developers have nothing to do with this
3. You curry niggers are lying and saying the discreet is "adding seraphis".
>le new privacy tech cant be done unless monero does it first
Yes, that is literally what I am saying because nobody on discreet is working on seraphis you scammer.

>>52297976
>successfully expanded ringsigs to triptych
>successfully implemented more compact txs with larger mixins
>discreet did nothing

you linking the MRL is so fucking funny. seethe and cope monero maxi, may your coin rest in piss.

>>52298010
>Expanded ring sigs
This could be done right now in Monero but it isn't because it would make the transaction size larger. The thing is Monero is actually used so this is a tradeoff that has to be considered. Nobody uses discreet so you can increase the transaction size and get away with it
>Triptych
I imagine none of this was audited and they are hoping that the math works because none of their developers actually contribute any research themselves.
Additionally Monero doesn't use triptych because the researchers realized that multisig was shit with that protocol and that seraphis was better.
Of course, you would know that right?

>>52298204
>developers actually contribute any research themselves

okay so you know nothing, gg.

>>52298222
Yeah, Koe is the lead researcher and builder of Seraphis. Kill yourself scammer.

>>52298550
everyone knows this but you haven't bothered to read the fucking whitepaper so lmfao gtfo.

>>52298748
Ignore XMR fudders derailing thread.

>>52298770
this, good taste in women.

>>52291932
testnet is unironically so fucking fast, and zero issues so far, been running it since day 1

>>52292864
When was this posted?

>>52298010
Idk jack about either of these two shitcoins, but I know a coping cultist when I see one. Lmao at your life loser. Keep defending your masters little dog. Know they laugh at idiots like you who fall for their bullshit. They will never acknowledge or accept you. You are trash. Open your mouth and eat their shit. You've proven good at it, after all.

>>52299088
>xmr
>dist
neither are shitcoins and OP is retarded for the infighting, but checked

>>52298957
I see a download button on the page..? What makes it closed?

>>52299395
Won't bootstrap with network without crypto authentication because its incentivised

>>52299004
I HATE THE CRAB I HATE THE CRAB I HATE THE CRAB

>>52299465
Leak a node

>>52299489
Take meds

>>52299904
>leak a node
That's not how it works

>>52291932
Price per discreet?

>>52300433
.5 right now, higher after seed, then mainnet launch

>>52300479
what do you see discreet hitting ath wise? no moon boy shit give me complete honesty and realistic expectations

>>52300526
not selling until 10x, that's what all L1s with listings are expected to reach, at minimum.

>>52300479
Mainnet when?

>one week since a new privacy L1 testnet launched
so are you retards just going to keep counting the days that a TESTNET hasn't broken down? god this is a sad thread and already dying. Has the hype already died off?

Scam. They siphoned the money through their privacy network so we can't even track what it's going towards

>>52300713
Itt's an alpha testnet, from a fresh codebase, not some dime a dozen substrate shitchain, its probably the most impressive thing shilled this year. Been lurking the TG a bit, its growing consistently.

>>52300906
i'm gonna start making a collection of these copy+paste nonsense post, I think we're on #4 now

>>52300586
10x for 0.5 buyers or for early 0.10 buyers?

>>52301201
10x, as is now, .1 was for like a 60 day window when the project was only known by like 100 people

>>52292384
What do you think the odds are there's gonna be a lot of developers for this platform? It's genuinely one of the more interesting projects I've seen talked about on here.

>>52291932
whats a sui stack?

>>52291932
Make it stack?

>>52301834
35k assuming 1bil mcap on CEX listing.

>>52301020
Yeah nigger. While you are at it you should explain how you scam artists are implementing seraphis when it is still in development. Kill yourself.

>>52301656
I honestly think it'll attract more from SCRT than Cardano since ZK math is an entirely new field, and syntax is just an adjustment.

so this shit is gonna be compatibile with solidity or not?

>>52302663
nope, it'll be based on eUTXO languages.

>>52302663
It'll support an extended solidity op code set but the main chain will be what anon >>52302857 mentioned. Technically eth dapps are deployable from my understanding.

>>52291932
Bullish on Disg

I am launching a CPU/GPU mineable (ASIC resistant) Bitcoin fork. We're thinking that a lot of former ETH miners will come to our network to collect block rewards with their GPUs over time.

We're launching in two weeks, so you still have time to learn more about the project.

DM the username in the photo (TG) for more details

> This is a Coin on its Own Chain, Not an ETH or BNB Chain Token
> Launching November 21st 2022
> Over 350 Telegram Members
> Multiple Crypto Influencers are Calling Us Out on Launch
> Influencers are From Both Twitter and Telegram
> Many 4chan Bros Are in the Group, and are Utilizing their Bizraeli Networks
> 4chan Soft Fork in Development (4chan fork with our native coin as payment method for adspace)
> Each Social Media Page is Up and Running
> See Our Specs for More Details, Mining Pool and Block Explorer are Live November 21st 2022
> Our Website Will be Online by November 14th 2022
> We Have a Small CEX Listing Underway 7 Day After Launch
> Airdrops are Negotiable, Please Discuss with the Admins or Owner for More Details

>>52303227
yeah on an subnet I believe eth apps are directly deployable

>>52303493
Would they still be private?

>>52292384
Wait why are you copy pasting this on every thread? For anyone that notices, this is really REALLY off-putting.

>>52303575
i honestly have no idea either, but he did say "obligatory", so the man must think what he said was gold.

>>52303555
>triple checked
yes, but i imagine it would require you to write solidity adapted for discript to make use of it

>>52303493
Correct
>>52303555
Yes, thats the main aim

We are bullish for a reason. And don't worry about not seeing it now, teams been hard at work for awhile now and delivered on every promise.

>>52303714
>>52303643
Holy actually unironically based.

>$45 million testnet

>>52303885
What did he mean by this?

>>52303904
>disjeet
>testnet
>$45 million

>>52304021
>$45 million
where do you get this figure from? and yes there is a testnet

>>52304021
Meds. Take them now.

How are we feeling today dischads?

Scam. They siphoned the money through their privacy network so we can't even track what it's going towards

>>52304179
>>52300906
please, take your pills. it's a TESTNET it's TDIST (test discreet), you're schizophrenic.

>>52304179
>. They siphoned the money through their privacy network

Still in testnet phase you stupid nigger faggot.

>>52301834
45k

>>52304609
why this amount

>>52304792
He saw the schizo above mentioning $45 million. 20k-25k is a make it stack, if you wait and don't sell like a jeet.

>>52304792
Assuming marketcap goes to 900 mln to 1 billion that would make you a multimillionaire. With Staking you could live off of dividends

>>52305612
That's the idea.

>>52305830
based whitepaper poster.

>>52292864
Will it actually get listed?

>>52306292
Yes.

>>52291932
Picked up a 3.4k DIST bag before markets got screwed, one of the better choices in 2022

>>52291932
Sirs, I've bought 500 DIS on sale on B S C Network when i can redeem my BDIS tokens? Please the village is starving. Good morning and have a nice day!

>>52291946
her, I just want her

So realistically mainnet/exchange listings would be around when bear market ends?

>>52306888
Digits. The devs are aware of this already, it would be beneficial for the project.

>>52303575
Just bunch a dump of BNB my swarthy individual

>>52307116
Already did, won't quit

Considering getting a bag to make up the difference for the 3k to get into incentivised testnet.

Just reviewed it again. The tokenomics are bullish as shit. Capped supply and the validation over a period of a decade, with a steady emission rate which will not smash price as you'd get with ICP, VLX, MINA, DOT, SOL, etc. and only then does tail emission kick in to keep the validators happy.

>>52307525
the ultimate goal is for most funds to be staked and more DIST staked than is emitted, essentially making it ultrasound money.

>>52307697
Is tail emission same as xmr?

>>52307822
Think so, ask the devs

>>52291932
Picked up a minor stack just to ensure myself, literally the smallest bag posssible

>>52307822
Is the premine ICO the same too? Oh wait.

>>52308482\
There's no premine you butthurt basement dwelling monero nigger faggot.

>>52308640
if i had 1 dist for everi xmr tear i would be rich

>>52308729
the moniggers sneed is eternal and echoing

>>52309768
For every sneed, there must be a chuck, and for every DIST, a Monero user utters "fuck".

I hold XMR and DIST and I know I'm far from the only one. There is no contradiction, it's not a zero sum game. Don't lose track of what we're up against. A strong Monero fosters Discreet vice versa. This infighting is stupid.

>>52291932
Bullish on Disg.

I am launching a CPU/GPU mineable (ASIC resistant) Bitcoin fork. We're thinking that a lot of former ETH miners will come to our network to collect block rewards with their GPUs over time.

We're launching in two weeks, so you still have time to learn more about the project.

> This is a Coin on its Own Chain, Not an ETH or BNB Chain Token
> Launching November 21st 2022
> Over 350 Telegram Members
> Multiple Crypto Influencers are Calling Us Out on Launch
> Influencers are From Both Twitter and Telegram
> Many 4chan Bros Are in the Group, and are Utilizing their Bizraeli Networks
> 4chan Soft Fork in Development (4chan fork with our native coin as payment method for adspace)
> Each Social Media Page is Up and Running
> See Our Specs for More Details, Mining Pool and Block Explorer are Live November 21st 2022
> Our Website Will be Online by November 14th 2022
> We Have a Small CEX Listing Underway 7 Day After Launch
> Airdrops are Negotiable, Please Discuss with the Admins or Owner for More Details

Pic related, shoot me a DM on TG

>>52311518
Fucking amen, in the same boat

>>52311518
privacy bros.jpg

Is the ICO buy IP blocked for the states?

>>52312735
No, you can buy, but it is illegal. ZOG would not like if you bought.

>>52313272
That's a crime

Alright fuck it I'm gonna hedge my bets between this, and then DCA into AZERO and XMR into the crash, all in on privacy.

>>52314144
Good job, the only 5-10x you'll see from that in the next 2 years is DIST.

>>52314350
It really hinges on how many exchanges pick it up.

>Looked through the documentation
>Skimmed whitepaper
>Downloaded wallet, didn't have a "Bootstrap Node"
>Checked tokenomics.

Everything checks out. So, Discreet-maxis, what's a make-it stack?

>>52314883
30-40k is the general consensus, but 3k for an extra 500 DIST is also a sweet deal. would be a cool 14850 USD in gainz.

Can someone tell me what makes this one not like the others? I'm so fucking tired of new coins being shilled, but for some reason jannies don't prune these so it fucking surely has to have some merit.

>>52316051
the difference being this is not an ERC20 shitcoin, it's an ICO, probably the last good ICO for a new network, with a new protocol, not based on any forks, with an actual usecase, and novel features. Reason why it's the last is because a lot of Discreets competition will be rekt by EU laws

>>52314883
Did you join the testnet TG?

>>52316927
Where's the link to the TG?