Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Pre-Sale] Tixl - 🔐Private. 🚀Instant. 💸Zero-fees.
by
TimeTeller
on 12/08/2019, 22:52:30 UTC
Good project, very informative whitepaper. Reading it I realized that IOTA hadn't  had a consensus algorithm at all - just a DAG database with centralized server called the coordinator which decided in case of double spend and they were hoping find a solution - LOL! The good thing is that they recently invented new consensus algorithm which should implement very soon.
Talking for IOTA , I would like to highlight that this (in Tixl's whitepaper) is not the true though

Quote
Last but not least, Tixl makes usage of quantum secure cryptography, which is not used by any other
competitor.

as I know IOTA's transactions are quantum resistant so may be you should mention it in the white paper in the sake of objectiveness. IOTA's transactions are not private though so it is not direct competitor of Tixl.


Thanks for the feedback on our whitepaper. You are right, the quoted sentence is a little misleading and should be written differently. We will include that in our next whitepaper update.

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The last sentence is also not really satisfying anymore and is likely to be removed in the next whitepaper version. It just means that Tixl can only become a successful project if people are really using it (which is kind of obvious).

Can you disclose how you assess that your cryptography is quantum resistant?
The features are great for Tixl but yes, adoption is necessary to achieve success of your project.
And getting listed in Binance DEX is actually a good start for your platform.