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/biz/ - Business & Finance


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52484035 No.52484035 [Reply] [Original]

cont'd
>>>52456426
>TL;DR/DD:
Discreet was designed to bring together every meaningful innovation since the inception of blockchain into a single powerful platform, with a focus on true privacy, speed and scalability. Discreet aims to address the shortcomings of previous privacy coins, and ensure long-term privacy for its users. The project combines state-of-the-art privacy technology that allows users to create fully confidential contracts directly on the Discreet blockchain, with programmability and a novel consensus.

>just read the abstract of the whitepaper...

quick rundown:
>utxo based on-chain private contracts
>63 ring size vs. monero 16
>aleph (aurem) confidential proof of stake (84k tx/s achieved on 16 nodes in 4 continents)
>supports transparent tx
>approval for listing on Bittrex
source: https://twitter.com/FrederikMarkor/status/1532998936188837888
>rumors of top 5 exchanges (kraken, binance incubator)
>presale open for a couple of weeks more

for the uninitiated:
(presale still ongoing)

>website
https://discreet.net/

>whitepaper
https://github.com/DiscreetNetwork/TechnicalPaper/blob/master/Discreet.pdf

>github
https://github.com/DiscreetNetwork/Discreet

>> No.52484043
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52484043

>>52484035
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, Bittrex confirmed, Binance likely.

>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

>> No.52484092
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52484092

>>52484043
>>52484035
I just like to imagine distbros... ONE CAN DREAM.

>> No.52484102
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52484102

>>52484092
lmao, CZ is such a chad.

>> No.52484123
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52484123

>>52484035
>>52484043
From previous: This OP really needs to change to include some of the more crucial links like specs/confirmed CEX listings

Heres some:
>TESTNET EXPLORER
https://explorer.discreet.tools/

>FAUCET
https://explorer.discreet.tools/

and I guess for "jeet spam":
>TEAM
https://discreet.net/team

>> No.52484157

How we feeling DISTjockeys?

>> No.52484166
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52484166

>>52484157
Feeling goooooood, feeling comfy, especially in this fucking stupid pants-on-head retarded bearmarket. Whats your take on it?

>> No.52484174

I bought 999 DIST you guys better not be another rug

>> No.52484195
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52484195

>>52484035
She's getting thicc

>>52484174
>999 DIST
I've always wanted to see what a stacklet looks like. What rate did you buy them at?

>> No.52484196

>>52484174
They have to eat to you know

>> No.52484204
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52484204

>>52484195
The highest rate of 0.5 of course

>> No.52484208
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52484208

>>52484204
You wait the time, you pay highest dime. You're still not fucked, most likely a 10x even if you dump on listing

>> No.52484223

>>52484208
I will probably just dump the stacklet on listing, I didn't see anything about it on biz until it was already 0.5

>> No.52484237
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52484237

>>52484223
it was only below 0.5 for less than 150 days (forget the exact number), and no one was paying attention before they had a testnet, got in at 0.5 pre-sale aswell. same boat.

>pic related

>> No.52484295

>>52484035
Spam. They siphoned cum through their privacy network so we can't even track what it's going towards.

>> No.52484488
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52484488

>>52484035
So how many jews work on this? that's all im concerned with

>> No.52484572
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52484572

>>52484488
None.

>> No.52484668

redpill me on why this is better than zcash

>> No.52484701

>>52484166
Oh I feel good alright. Bought in since June last year and my only regret is not stacking more while it was 10c. I know it's not a fair comparison but these IOU feels tailor-made for the ongoing bear, it's been comfy watching my portfolio go up while everything else bleeds. If the stars align we just might have mainnet launch in time for the next bull.

>>52484488
My guess: 0

>> No.52484718

>>52484701
How much did you manage to stack at that price?

>> No.52485099
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52485099

https://twitter.com/discreet/status/1593214147982135296

bullish.

>> No.52485109
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52485109

>>52484718
35k give or take. And no I am not selling a single droplet before this thing hits the double digits. To be frank I don't think there is a limit to how high this can go in the long run. Basically all of crypto have been unregulated speculative assets so far. We don't know the valuation of a trustless digital cash system used for daily transactions globally, we don't know the valuation of such a system capable of running confidential computation to boot. I know this might sound like jeet hypetalk but the truth is that I've kind of married these bags...

>> No.52485136
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52485136

nice anime grill virgin anon. bitDAO's L1 will crush this crap. nice try scam

>> No.52485187
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52485187

>>52485136
>crushed by bitDAO's L1
1. You clearly don't own an airfryer.
2. You clearly don't know what 'bitDAOs L1' is, its not even in the same category
3. MEDICATE

>> No.52485201
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52485201

>>52484488
The noooticing is getting out of hand, stupid goy

>> No.52485215

>>52485109
Every other project I've been """early""" in turned out to be a major flop and I either sell with no profit or eat a loss. For both our sakes I hope this one is different.

>> No.52485239

>>52485109
>Basically all of crypto have been unregulated speculative assets so far
https://twitter.com/discreet/status/1592698318081363970
Less than 24h ago

>> No.52485434
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52485434

>>52485109
>married these bags
the project seems very ideological, but I guess that means we wont be getting absolutely fucked and eventually turn into a VC pump n dump, ive seen nothing concerning from the dev team yet and ive followed it since it was fairly low-key, it was a good buy in summer, its a good buy now, even as insurance

>> No.52485635

it's always amusing when people cope with "x" is gonna put discreet out of business, that's literally what the programmability is for, it's so it's the end game for privacy crypto without being chucked and cucked like SCRT

>> No.52486008

>>52485215
Let me guess. ElonPumpCoin?

>> No.52486303

>>52484035
cute mascot but a presale? really?

>> No.52486529
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52486529

>>52486303
ETH had one, AZERO had one, and idk how many others that arent VC shitcoins that hasnt had one. the "muh purity mining" shit is so tiring.

>> No.52487042
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52487042

Kinda funny that the only line fudders have to fall back on is “it’s a scam there an ico you’re gonna get rugged!”. Why the fuck a rugpull have so much GitHub development you stupid niggers? Everything about the project screams legitimate. Whether or not it succeeds is going to come down to the marketing, and the tech. I’m stacking my way to 3k for the test net air drop

>> No.52487281
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52487281

>>52484035
19K STACKCHAD CHECKING IN. ZCASH TRANNIES CAN LICK MY ARMPITS.

>> No.52487646
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52487646

>>52485635
It's why I'm bullish on projects that has uses outside of speculation, the teams roadmap include payment options for real life shit.

>> No.52487675

Kinda funny how everyone here was banned for racism the other day and not a single one of these rugpulls have been pruned yet even though it's a proven honeypot.

>> No.52487694

>>52484035
Booba booba.

>> No.52487733

This coin has been shilled on biz for fucking over a year. I can not believe these threads exist. Jesus fucking christ

>> No.52487737

>>52487675
>everyone here was banned for racism the other day
What are you, a mod?

>> No.52487754

>>52487733
It's been shilled since like October you fucking retard

>> No.52487855

>>52487754
How new are you? hahaha what a fucking idiot

>> No.52488121

>>52487855
t. newfag

>> No.52488279

>>52486529
Exactly

>> No.52488624

>>52488121
nice response. I'm not going to bother going through archives to find the info for you....good luck

>> No.52488660

>>52488624
>nice response. I'm not going to bother going through archives to find the info for you....good luck
"im a retarded fudder"

>> No.52488847

>>52488660
You are a faggot.

https://archived.moe/biz/thread/41594846/#41594846

https://archived.moe/biz/thread/44973855/#44973855

>> No.52489258

>>52488847
>They ran out of money.
>Dec.
And now there's a L1 testnet live. LMFAO. What an epic self-own. The fud continues getting more and more retarded.

>> No.52489289

>>52486529
>other projects are fake and gay therefore it's ok if we are, too.
i disagree.

>> No.52489327
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52489327

I want to worship a perfectly shaven post workout female(female) armpit so badly, bros.

>> No.52489366

>>52484035
Scam. They siphoned the money through their privacy network so we can't even track what it's going towards

>> No.52489390

>>52488847
anon, youre embarrassing yourself. literally all 2 threads, and what was predicted in them actually happened, turned out not to be vaporware or a scam, or run by jeets.

>>52485187
post full distchan?

>>52489366
looks like someone already beat you to it, KYS
>>52484295

>> No.52489761
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52489761

>>52489390
Here you go :3

>> No.52489917
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52489917

>>52489761
>>52489390
Someone made a MEGA in the last thread

>> No.52490254

>>52487675
>racism
Unironically though it's boring to talk about the same things all day.
I wanna talk about making money.

>> No.52490324

>>52490254
If you liquidate under 20$ youre a pussy, hows that

>> No.52490351

>>52484668
zcash is terrible and has employees working to make it bad for privacy, whereas this one merely doesn't exist yet and hires annoying shills for /biz but might one day actually be a real boy

>> No.52490471

Can anyone prove to me that this isn't just two faggots instructed on telegram jerking each other off in this thread?

>> No.52490479

>>52485215
This thing isn't subject to market pressures yet and is being sold at a high price. There's no reason to talk about what it might be long term or not, the only reason to buy NOW is if you feel that the 50 cent price is such an INCREDIBLE DEAL that it wil NEVER EVER go below that- even knowing that there's been plenty of people bought it an 10 cents.

There's also the extra risk of the token redeem scheme having some issue, which isn't a big deal but you kinda have to factor it in. Once this is on bittrex and anywhere else, you'll see how much the market values something that is a slightly better, but much worse funded, version of Zcash.

For now I think you should stay away though. These are shill threads being posted by people who stand to benefit from the ICO itself, selling you a token you can neither redeem nor trade at the present time. If someone who bought in at 15 cents is willing to sell at 30 to you, he cannot. That already means that we have no actual price action.

Wait until it is working, you've already missed the 10 cent stuff that everyone in this thread is holding, so we don't know what it is once it launches.

>> No.52490547

>>52484035
>mainnet imminent edition
just check the contract address and see how many people are buying into this larp. counted 3 total yesterday. I'm sure it's up to at least 3 total today as well. AHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAH FUCK YOU PAJEETAS inb4 monigger, cope, seethe, dilate, fud has run out, zcash shill, alpha bros on testnet, transactions on testnet, testnet, stay poor and on and on and on...NO ONE BELIEVES YOU AND ANYONE CAN SEE IT IF THEY LOOK AT THE IOU PRESALE CONTRACT ADDRESS AHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAAHAHAH

>> No.52490674
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52490674

>>52490479
>If someone who bought in at 15 cents is willing to sell at 30 to you, he cannot
there is a DEX trading for the IOU tokens, it sold at or above the ICO price. but just for reference when coins like these launch (this sold at .8c) to VCs

https://coinmarketcap.com/currencies/aleph-zero/

t. azero & dist holder

>>52490547
UNMEDICATED AND ONLINE XMR FAGGOT

>> No.52490754

>>52490674
>UNMEDICATED AND ONLINE XMR FAGGOT
I SAID INB4 MONIGGER. TRY AGAIN YOU SHILLING FAGGOT COCKSUCKING POOJEETA FUCKWIT

>> No.52491134
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52491134

>>52490754
Be madder, it only helps the cause

>> No.52491351

>>52489761
>>52489917
>>52487646
>>52484572
>>52484166
>>52484043
>>52484035
Link the collection of distchans pls

>> No.52491680
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52491680

>>52491351
You're welcome
https://mega.nz/folder/6MZ3QDYZ#bpW0V1mBMDEcZghaadqovg

>> No.52491918

>>52484035
Been in since 0.1$ too, nice project.

Kinda would like to get some money though, so if someone wants in we can see if we can arrange some kind of escrow so I can sell 4k DIST for 1700 USDT, basically 0.425$ each instead of the 0.5 in presale. LMK if interested.

>> No.52492633

>>52491918
Theres already a pool for this

>> No.52492690

>>52492633
What platform, cause it's not on pancakeswap. And if it's added by a single person, the liquidity will definitely suck too much for me to sell 4k.

>> No.52493004

>>52492690
1inch, but it sold at or above presale rates so it was futile, its still running tho

>> No.52493208

>>52493004
I mean I'm usually not room temperature IQ but I've checked on 1inch, i've checked on pancake and there is no pool. There was one with the initial token (DIS, not BDIS) but there's no liquidity anymore and that token is not used anymore anyways.

>> No.52493610

>>52493208
I actually set up limit orders on 1inch, so if anyone wants to buy and want to save a little, I put up 2k to sell on 1inch limit orders. 1k at 0.425 and 1k at 0.45.

>> No.52493637

>>52493610
Gonna slurp when i get back to laptop. Would that give me access to testnet ?
Had my eye on this project for a while

>> No.52493659

>>52493610
>>52493637
Bro please I need another day to be able to buy
Save some for me

>> No.52493742

>>52493637
Unfortunately not, you need to buy 3k from the contract to have access to testnet. I put up a few more for sale so >>52493659 can also slurp a bit.

Total 4k, 1k at 0.425 and 3k at 0.45

>> No.52493852

>>52493742
Thank you lad

>> No.52493945
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52493945

>>52493742
>you need to buy 3k from the contract to have access to testnet
at that point its literally not worth it, if future airdrops are from registered addresses only too, also I dont see any put up?

>> No.52494063

>>52493945
I'm phonefagging right now, I believe you need to enter BDIS as the token your buying and USDT to buy it with. I don't think the routing works from other currencies (say you'd buy with bnb instead). Make sure you enter the BDIS contract adress as the initial DIS is not valid anymore.

It should be there still, the orders didn't go through.

>> No.52494130

>>52494063
Also it depends how many you want to buy, if you want 3k flat then it's good to buy from the contract for the testnet but if you want more or less, you'd want to buy at a cheaper price the difference.

From what they said, only the compensation for trying the testnet depends on you buying from the contract.

>> No.52494794

>>52484668
If you ignore speed and programmability and just focus on it as a privacy coin then the benefits are: uses triptych with a ringsize of 64 and it has a new ringsig to bitcoin style tx that actually increases anonymity rather than harms it like on ZCash.

Also makes exchange listings guaranteed

>> No.52494799

>>52494130
Just tested it, it works.

Contract address: 0xEDF5E65A5f9b6F2e52AA6E2e35d3A6E9E1d74d14

Need to go in the "normal" swap window even to buy a limit order, 1inch aggregates it to the best price. You'll be able to see how much you're paying.

Also, it turns out you can pay in another token, it will convert it. Just tried BNB > BDIS, seems to be working just fine.

>> No.52496764

>>52494799
Can't post that shit here

>> No.52496832

>>52484035
Gonna get another stack today.

>> No.52497098
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52497098

>>52484035
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. I will post this every thread out of spite for the anon that wrote it.

>> No.52497227

>>52497098
Wouldn't be a thread without you.

>> No.52497448
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52497448

>>52484035
AUSSIE POSTER HERE. Is it legal to participate in the ICO here?

>> No.52497583

>>52497448
OY M8 YEAH NOT EMBARGO'ED, YA WELL DONE

>> No.52497781
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52497781

>>52484035
>Looked through the documentation
>Skimmed whitepaper
>Downloaded wallet, didn't have a "Bootstrap Node"
>Checked tokenomics. Makes sense, only like 4% of total supply gets paid out before mining starts.

So, frens, whats a make it stack?

>> No.52497944

>>52497781
10k.

>> No.52498016

>>52497781
1k sui 20k make it me think.

There's some listed on 1inch if you want it slightly cheaper than presale.

Same for >>52497448, if you're not sure about the ico you can buy from 1inch and not bother about regulations.

>> No.52498492

>>52497944
It's at least 35k.

>> No.52499002

>>52498492
So 15k for a sui stack, and that's supposed to what... 5x.. 10x? Like whats the proposed final mcap for when the asset gets listed currently at?

>> No.52499009

Mods deleted the epic sharpie thread and left up a honeypot rugpull.
Classic.

>> No.52499309

>>52499009
Ah the classic 'mods are in on it' cope. I can smell your dilation from here, tranny.

>> No.52499518

>>52499002
currently the market cap is around 3-6 million, if the entire ICO sells out by mainnet then launch mcap will be about 10 million. successful l1's are able to touch 1 billion mcap with no issue

>> No.52500165

>>52499518
3-6 million? where do you get that figure from? I get 5.4mln exactly

>> No.52500195
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52500195

>>52500165
current circulating supply is 6 million at the current price of .5, 3 million mcap

>> No.52500221
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52500221

>>52500195
thats an extremely low mcap considering confirmed cex listings and a working blockchain, no? unless theres something im missing

>> No.52500265

>>52500221
this is why i've become so bullish recently as in the past circulating supply hasn't always been so clear. there seems to be alot of misconception about the tokenomics in general amongst holders, but everyone involved is extremely early. the team had decided to focus on delivering a product before any marketing took place, so a large amount of funding hasn't been raised

>> No.52500343

>>52500265
>circulating supply hasn't always been so clear
Their webpage has old information on it, I think the new stuff was posted in a telegram or a discord or who fucking cares where.
Their newer tokenomics are in some ways better (fewer tokens at launch) and in some ways worse or different (tail emission).

If you actually find what it really is, you know, let us know.

>> No.52500451
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52500451

>>52500343
Looks like a dev just answered this in TG. Seems quite sensible..

>> No.52500486

>>52500343
check this out

https://discreet.net/news/62698ad2977606bc8439ff1c/contract-upgrade/Information

>> No.52500500

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

>> No.52500527
File: 46 KB, 499x499, 1410045322634.jpg [View same] [iqdb] [saucenao] [google]
52500527

>>52500500
>>52489366
And my personal favorite:
>>52484295

Youre ID swapping to FUD? How and why? Show me your portfolio, I'll show you mine

>>52500451
Holy fucking bullish

>> No.52500595

do i go all in on AZERO OR DIST?

>> No.52500624

>>52500595
>do i go all in on dist or azero, he asks in the dist general
I think thats a no brainer

>> No.52500626

>>52500527
I've gone through the scam contract. The funds aren't being used as advertised. To any newfags reading this don't fall for these stupid street shitters bullshit

>> No.52500627 [DELETED] 

LOL. I can't believe the top project in this WORLD! So-called Bspin.

>Strong casino with a BTC as the playing currency
>On going giveaway with $15,000 prize pool.
>Huge amount of partnerships and funders.

>> No.52500674

>>52500626
>The funds aren't being used as advertised
How are the funds being used then? Does development just happen on its own? Theres a live testnet, theres 1000+ commits, theres news everyday. Point out exactly what you found in the basic ERC20 contract that would indicate that you stupid fucking street shitter.

If no reply with a screenshot of shady stuff, you can go kill yourself. I did like 3 days of DD before buying in, its all just going towards development (and I guess exchange listings)

>> No.52500716

>>52500624
i've seen an overlap between azero chads and distoors, just wetting my whistle

>> No.52500733

>>52500716
DIST, obviously. Its AZERO, but actually ready for private defi

>> No.52500767

>>52500674
>How are the funds being used then?
Frederick is using them for his own needs

>Does development just happen on its own?
No but there is no development happening and if there is it's being funded by Fred's mummy

>Theres a live testnet
A "test net" only devs can access

> theres 1000+ commits
There'll be more than 1000 once everyone here realises it's a scam

>theres news everyday
I don't know how this is relevant

>Point out exactly what you found in the basic ERC20 contract that would indicate that you stupid fucking street shitter
If you knew basic solidity the problem would be glaring you in the face

>If no reply with a screenshot of shady stuff, you can go kill yourself
I won't be committing

> I did like 3 days of DD before buying in
I did 5 seconds. Funny how you can waste 3 days getting scammed whereas I can see the scam for what it is in 5 seconds

> its all just going towards development (and I guess exchange listings)
I haven't seen any proof of this. Also no exchanges want to pick this up I've already done some research

>> No.52500812

>>52500733
what do you mean by that?

>> No.52500859

>>52500767
>testnet only devs can access
>5 seconds of dd
Actually kys, parasite.

https://explorer.discreet.tools
Download the blockchain on github retard

>> No.52500985

>>52500767
AHAHAHAHAHAHAHHAHAAHAHA. HAS to be the dumbest fucking fud ever

>> No.52501015
File: 363 KB, 1478x906, discreet.tools.explorer.png [View same] [iqdb] [saucenao] [google]
52501015

>>52500859
>https://explorer.discreet.tools
Want to explain why I have to do a full virus scan on my computer after visiting this site?

>> No.52501035

>>52501015
kek you should be a comedian