Bitcoin Rhodium is now trading on HitBTC too. Not on the CMC page yet, will probably take a couple of days before they update.

https://hitbtc.com/exchange/XRC-to-BTC

10% of 16 million is 1.6 million, so where do the 400,000 tokens come from? More importantly, who is going to get them?

Even though the supply is smaller, this swap is effectively a dilution of 25%.

I can explain how the Dusk testnet faucet works, because I already used it.

First of all this faucet is not like The Bitcoin Faucet from ye olden days which gave out 5 Bitcoin. Can you believe it? 5 real Bitcoin for free!

The Dusk testnet faucet can be compared to the Ethereum Ropsten testnet faucet and the Bitcoin testnet faucets: these coins are meant for development only and have no value.

Specifically, every day you can get 10 tDusk by tweeting your public address, which you get after creating a wallet through the Dusk node command line interface. You then have to copy paste the URL of the Tweet into the faucet. After a few seconds the 10 tDusk is added to your wallet. You can use the tDusk to test transactions, to stake or to bid. How to do that is described in the Dusk Blockchain repo README. https://github.com/dusk-network/dusk-blockchain

Yes I did. Although I did not manage to build the blindbid module necessary to participate in consensus myself yet, a binary release is included in the Dusk core. I could build the node after the team fixed the imports.

In fact, you do not have to build the node yourself. You can download a pre-built node.

I stopped running the node because currently it uses quite a lot of bandwidth. Several gigabytes a day. If you have unlimited data, that is no concern of course. It is a drop in a bucket compared to streaming 4K video.

There definitely is one. The browser extension shows it, for instance. If you are thinking of the image on CoinMarketCap, perhaps they did not have the opportunity to update it.



https://www.coingecko.com/en/coins/dusk-network

They are more active on Telegram and GitHub.

A few days ago they launched the Dusk testnet. I tried to build a node, but ran into some problems. I reported those problems on Telegram which led them to discover some bugs which they fixed overnight and in the weekend. Most issues are already closed:

https://github.com/dusk-network/dusk-blockchain/issues?utf8=%E2%9C%93&q=is%3Aissue+

I think you are confused with the social media campaign. 50 thousand tokens have been allocated to that campaign and the number of participants is about 35 thousand, so that is less than 2 tokens per person. You could consider this a token burn event, because really who is going to bother trading one token?

What was the point of the swap in the first place?

BEP-2 tokens do not support smart contracts, which means the new EQL token is a non-interactive token focused on simple transactions. The simplicity of BinanceChain is arguably its strength, because the less complexity, the less opportunity for something to go wrong.

To overcome that lack of interactivity projects usually enable users to swap BEP-2 tokens to a more interactive parallel coin or token. EQUAL does not.

Why would a project move to BinanceChain if it has fewer features? It makes sense when trading activity is so high the blockchain becomes a bottleneck. That was not the case for EQUAL.

The question stands. What is the purpose of the EQL BEP-2 token?

When you say too fast, do you mean faster than you expected?

Or do you mean it in a negative way, that they should have focused on expanding the user base and investor base before applying to Binance?

That the Binance effect did not last very long might be an understatement. But no despair. Look at Chainlink for example, which was listed on Binance in 2017. Before May it barely traded over $0.50. By the end of last month a single token was worth $4.

What does Banano have to do with memes and how does it disrupt its economy?

The kiddy grade level word play?

Memes are serious business.

From what I have read, those coins are not going to handle anything. The FATF guidelines concern service providers (exchanges and so on). Coins that have privacy by design cannot implement the travel rule. That leaves 3 possible outcomes:

1. Regulated service providers will delist privacy coins
2. Personal data will travel along in a parallel route, for instance through a SWIFT like system (I am just making this one up, I do not know if this is technically feasible)
3. Non-privacy coins will be regulated to death, while governments throw up their hands in despair because everyone moved to untraceable privacy coins and the darkweb

A few weeks ago I asked a question about the FATF travel rules in relation to Dusk. At the time the answer was that the travel rule does not immediately concern Dusk.

However, the integration with the fiat gateways you just announced makes me wonder whether privacy can be guaranteed. If I transfer Dusk tokens from BitcoinMeester or Bitladon, does that mean they eventually (i.e. when the FATF guidance is made into law, which could be within a year) need to include my name, home address or ID and those of the recipient in the transaction?

Fair enough, this is no criticism towards these specific partners. I could and should have asked this question when Dusk was listed on other KYC exhanges such as Bitfinex.

What is bad for United States is good for Russia.

If a Russian social media platform would get involved in crypto I doubt the Russian goverment would be as appreciative.

Oh wait, that already happened. Remember the Telegram TON ICO and the resulting crackdown?

How did you arrive at such a specific number?

Hey Dusk guys, you did not happen to have broken Bitfinex, have you?

No, seriously.



What are the odds of Bitfinex crashing down exactly when you are getting listed?

Right now the only place to get it is through the Binance Chain, accessible through the Binance DEX (people tend to mix those up) which is blocked in the US and 28 other countries. Alternatively there is the Trust Wallet. Maybe there are some other clients too.

Today is actually the day Dusk ERC-20 token will be finally be listed on Ethfinex and Bitfinex. It is going to be interesting, because the Dusk BEP-2 and ERC-20 tokens will be traded simultaneously.


They did not quite finish that sentence.

https://blog.ethfinex.com/dusk-token-listing-on-ethfinex-bitfinex-re-vesting-update-and-telegram-ama/

Looks like that question was answered in the AMA with Dusk today on EthFinex's Telegram channel.



I did not know about the 90 ms ZK proof generation. Did they announce that?

I am not defending them. It was a stupid strategy and worse, it is just a distraction from the main problem: token not needed. They should have worked on their business model instead of betting on exchange hype.

Sorry for those who missed the migration deadline. I have missed some coin swaps too, and it sucks. Although it is too late now, you could consider using a crypto event calendar to prevent this from happening again.

Some example of calendar sites that listed the migration.

https://coinmarketcal.com/en/event/migration-to-binance-21974
https://coindar.org/en/event/equal-eql-binance-chain-migration-21383

On the one hand it is fortunate that they have agreed to reset the starting date to July 1st. Not doing so would have meant over half the private sale supply would immediately be available on the market.

On the other hand, the original vesting period was one year, now it is reduced to less than half a year. Effectively the token release rate has more than doubled. Look at the diagram how steep that is!

The current schedule may be a compromise, but it significantly changes the tokenomics and market behavior compared to the original schedule.

Could an agreement to move the vesting schedule rather than shrinking it not be reached?