[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 226 KB, 864x1152, 1674162696824654.jpg [View same] [iqdb] [saucenao] [google]
55650089 No.55650089 [Reply] [Original]

it's so fucking free you dumbfucks, no one is gonna use crypto shit for anything real, do you know why XMR kept relatively high resistance against the dump? because of massive utility DIST is pushing the exact same thing, just with way faster privacy (while using a ringsig of size 64 vs 16 on monero), smaller block sizes so more decentralization, and basic EUTXO programming allowing for convience features like on chain assets and DEXs. its literally the project everyone has been asking for, and the TESTNET is finally live, they delivered.

'oh so why not just use monero' because it can never be adopted at a store, you will never pay with monero, its slow as shit and its dying and losing developers.

i'm so tired of seeing "jeet", "scam project" and ofc the infamous one liners like "siphoned money" (thru a testnet lmfao) its the one shot at an ICO you get unless you were there in 2019 for the AZERO ICO or in 2014 to buy ETH at 0.34$ at their ICO. you can make your own decisions on this, but its one of my married bags during this bear market because the CEX listing will presumably happen mid 2023 along with mainnet launch, so...

few things:
>not a copy paste chain, everything from scratch
>has monero core devs
>fully live testnet
>ico is live at 0.5 usd for a bdis (discreet on binance chain) redeemable for 1 DIST (mainnet) when it goes live


so please for the love of god, READ the technical paper on this:
https://discreet.net/

>inb4 fud from xmr bagholders

>> No.55650093
File: 77 KB, 640x640, 1669963113796824.jpg [View same] [iqdb] [saucenao] [google]
55650093

>>55650089
few more resources

>api docs
https://developers.discreet.net/
>development
https://github.com/DiscreetNetwork/Discreet
>whitepaper
https://cdn.discreet.net/files/Discreet-Ledger-Formal-Specification-Rev-1.pdf
>testnet live explorer
https://explorer.discreet.tools/

>presale
https://discreet.net/pre-sale

just get a fucking bag and thank me later

>> No.55650094
File: 138 KB, 820x1024, 1668373887962953.jpg [View same] [iqdb] [saucenao] [google]
55650094

>>55650093
>>55650089
oh and testnet is transitioning to mainnet soon so last fucking chance

>> No.55650111

>>55650089
>Monero core devs
so... why the move from Monero? Who are the devs in question and what's their take? Cite sources thx

>> No.55650112

>>55650089
destined to become the litecoin of monero
everyone is perfectly content with XMR
the space doesn't care about your new shit coin

>> No.55650144

>>55650112
>everyone is perfectly content with XMR
>the space doesn't care about your new shit coin
well spoken

>> No.55650163
File: 2.08 MB, 500x500, 1669018750320294.gif [View same] [iqdb] [saucenao] [google]
55650163

>>55650112
REMINDER: 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.

>>55650111
Check'd & wrong

>>55650144
Read above.

>> No.55650205

>>55650163
>Read above.
no, suck my dick.

>> No.55650223

>>55650089
Interesting, I slept on this last year and it sounds appealing. I am a bit concerned by the long ass pre sale though, and isn't that an issue with regards to being classed as a security?