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Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
Could my supporters please +Merit a few of my posts so i am able to use an avatar in my profile, to set my posts apart from the others 
Thank you!
felixando
Thank you!
felixando
Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
⭐ Merited by Benezim (1)
I think that not many people will dump the tokens at the first possibility, if Felixando really delivers. They remember the xrb progress.
Actually there were quite a lot available on EtherDelta yesterday when I brought some. People panic and act irrationally and then regret. They are really cheap and a great opportunity but they come with a really high risk so don't bet money you can't afford to lose (Think of it as money you would take to a casino, you may come away rich but also have a decent chance of losing it all).
If you are considering selling, I suggest you keep a few back just in case, at least you will not have so many regrets if/when felixando delivers.
As for felixando's comments about not selling, I see it as more advisory as in, if you sell you are really going to regret and he is doing what he thinks best and advising that. Given that he is the one person who knows for certain that this is going to happen (or not) he would be remiss not to warn people that they will lose on the opportunity. I don't see any angle in which he benefits either way honestly. I do think that there is deliberate fudding (and lets face it, it is really easy to do given the circumstances) to scare people into selling their tokens. Personally I intend to hodl and wait and see and with a bit of luck, this will be a huge win. If it doesn't happen, I will be upset but will move on.
Even Islapdonkeys can't come up with a reasonable reason for felixando to still be posting if he is trying to scam. Perhaps that is because felixando can make hundreds of times more just by releasing a coin that works. Sometimes there is more to be made in releasing the coin than in any scam that can be concocted. You don't get to be as rich as the Ripple founders of Nano devs by scamming, you get there by making a working coin and then get to spend the rest of your days on your mega yacht in the Med surrounded by beautiful people.
Edit: I wanted to add, the Binance listing probably only requires to see code towards the end of the application process or maybe not at all since tokens can be traded, Binance does not make judgements on the value of what is traded. Someone could try ask Binance if an application has been made for Stone but I doubt they would tell you because of confidentiality reasons.
Man but why would Felixando delete past comments asking for specs/about the the technicalities of the code?
Look at this image> https://imgur.com/a/UxUij
This was before felixando "documented" that he took from Wikipedia.
This dude called him on it and instead of responding to him, and explaining his position.
He deleted the damn post.
Why would a legit developer delete such a post?
This was in the beginning... when donations we're still open remember...
So be it, I will wait patiently for the code. Perhaps he did not know at the time, either way, good luck Felix if you are legit.
Seems to be a full time job keeping the trolls at bay, what are you to gain from arguing with me about everything and anything? if this is a scam and you argue, what happens then? do you win? are you the boss man now? and if this project is legitimate and you argue with me, what happens then? do you pat yourself on the back for successfully irritating your developer, wasting his time, pausing the coding, disheartening his view on the community?
felixando
Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
⭐ Merited by rdnkjdi (5)
Quote
Testnet list will stay the same for now, i know I've had many requests, i will consider adding additional members possibly next week.
Hey felixando
Please keep me in mind. I should've asked earlier.
I've been around the forums for several years & donated awhile ago. Really interested in the project.
I'd love to be able to put my weight behind market adoption. I'd also be happy to chip in with being a community manager / communicator if you need to free up some time.
As to distribution methods. It might make sense to have an ongoing campaign of covering the globe with GPS coordinates & having a daily phrase requiring a selfie & proof of location to collect the airdrop if people are overly concerned about distribution (I am fairly ambivalent & happy to go with whatever is decided as 90% of the distribution happens in exchanges & who decides to hold vs dump ... As soon as the token is worth anything at all. You just have to look at 20k pizza guy to understand that token distribution all equalized out in the end)
felixando
Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
Interesting, need some more info from you dev and the project, I will donate some BTC to $STONE as I did for $XEL. Hope to hear some more news on this project soon. Cheers. 
Thank you, appreciate that.
you say "Stone will be forked from the RaiBlocks codebase"
so Stone will have the same supply like Raiblocks $XRB? around 133M (after burn) or around 300M (before burn)?
so Stone will have the same supply like Raiblocks $XRB? around 133M (after burn) or around 300M (before burn)?
These details are yet to be determined, but i'm leaning towards a 100M supply cap.
Whilst we are on the subject, would anyone like to suggest a fair method of distribution? I'm not interested in large holders gaining most of the supply, i don't approve of these pump schemes. I've been pondering around a multi-method distribution, similar to a bitcoin airdrop, but with using multi currency snapshot 70% to XRB/BTC, and with the remaining 30% to donators. This is just a thought, please don't be afraid to suggest idea's.
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
Congrats, lets pray the server upgrades were substantial.
Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
I think this is great project, do you have another information about this project like website, roadmap and whitepaper?
Hi, this is a pre-ann, so its a stripped down version lacking all the fluff. I'm not attempting to sell a product, so i feel there is need to create hype whitepapers + website's at the moment, the code will speak for itself, after there's a working version, we will focus on advertising.
Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
RaiBlocks is an interesting coin, I've been doing it since February this year, but how much do I remember they have a problem with the wallet? are you from the team? what exactly do you want to change? or just a fork? and the moderated branch will only push you away. (I think only if the Russian branch
)Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
I've been meaning to learn more about DAG protocols and also zkSNARKs, so now I can do both in one place 
. Gonna be watching this one.
I appreciate your support, i will do my best to educate not only myself but others around me of these protocols & technologies along the way.. Gonna be watching this one.Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
For those of you who may be interested, i will be creating my own RaiBlocks fork, whilst attempting to implement privacy features: https://bitcointalk.org/index.php?topic=2581762
Don't be afraid to pop over and give some support.
Don't be afraid to pop over and give some support.
Re: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
self-moderated. Why is that?
Hi there , For the same reason most projects self-moderate, to prevent spam & fud.
[PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency
⭐ Merited by Koger (5)
Introduction
Stone will be the first DAG (direct acylic graph) data-structured digital currency with private transactions, allowing instant, fee-less anonymous transaction with high scaling (up to 7,000txs per second) Stone will be forked from the RaiBlocks codebase, whilst the chain is not near completion as it currently stands and it just myself who will be working on the project, i do not offer high quality illustrations & impressive marketing, what i do offer, however is highly scalable, private, instant a fee-less transactions, all on a decentralized network once the project is complete
Work Ethics
What i can promise you
- Dedication
- Constant updates
- a finished product
- a quality product delivered in a timely manner
What i cannot promise you
- Exchange listings
- Price increases
- Advertising
- False hype
- An unfinished product, i always complete a project in time.
This pre-announcement is merely just the beginning of a long path, the stepping stone for a great advance in an already amazing pre-existing technology. I cannot express enough respect Colin and his innovative idea which has solved the blockchain debacle, a incredible amount of work and dedication has gone it to his project and Stone will never discredit his efforts.
Methodology
I've been experimenting with the idea of using zkSNARKs, similar to the tech used in the ZCash cryptocurrency, this will prove to be a challenge since we are no longer using a blockchain, we are using a DAG.
From my findings with drafts between the balanced-weighted vote & sk-SNARKs, unfortunately the implementation will not transact in-line in the manner i originally set out to achieve, therefor i have played with the idea of off-chain addresses, t-addresses (Stone) for standard transactions & z-addresses (zStone), with an exact exchange between paired wallets for a private untraceable transaction. My idea further extends to to have Stodes (Nodes), which act as a direct atomic swap 1:1 with Stone & zStone, anyone would be able to see the the swap 1:1 between the two, but no one would be able to see where you have received the zStone as it was transacted off-chain.
OFF-CHAIN
Bob -> Alice
(zStone) Transactions -> (zStone) Received
SWAP
Alice -> Ted (Node) -> Alice
(zStone) Swap 1:1 -> Receive/Send -> (Stone) Received
Alice receives a private transaction from Bob via zStone, Alice now has 100 zStone, Alice now wants standard Stone, she swaps the 100 zStone for Stone 1:1 via a Stone node. The end result is Alice successfully has completed a private transaction with Bob, and swapped back into the base currency, all within the wallet, this method allows the DAG protocol to still function with its representative method.
Apologies in advance for the rough draft schematics, this is not anywhere near complete and is subject to change.
zStone would not be a separate currency and not tradable on an exchange, its simply the channel to achieve completely private transactions, with a swap 1:1 with Stone, they would not be worth anymore or any less.
Beautiful splash screen mock up work by rmena123
a very short summary, zkSNARKs have 4 main ingredients:
A) Encoding as a polynomial problem
The program that is to be checked is compiled into a quadratic equation of polynomials: t(x) h(x) = w(x) v(x), where the equality holds if and only if the program is computed correctly. The prover wants to convince the verifier that this equality holds.
B) Succinctness by random sampling
The verifier chooses a secret evaluation point s to reduce the problem from multiplying polynomials and verifying polynomial function equality to simple multiplication and equality check on numbers: t(s)h(s) = w(s)v(s)
This reduces both the proof size and the verification time tremendously.
C) Homomorphic encoding / encryption
An encoding/encryption function E is used that has some homomorphic properties (but is not fully homomorphic, something that is not yet practical). This allows the prover to compute E(t(s)), E(h(s)), E(w(s)), E(v(s)) without knowing s, she only knows E(s) and some other helpful encrypted values.
D) Zero Knowledge
The prover permutes the values E(t(s)), E(h(s)), E(w(s)), E(v(s)) by multiplying with a number so that the verifier can still check their correct structure without knowing the actual encoded values.
The very rough idea is that checking t(s)h(s) = w(s)v(s) is identical to checking t(s)h(s) k = w(s)v(s) k for a random secret number k (which is not zero), with the difference that if you are sent only the numbers (t(s)h(s) k) and (w(s)v(s) k), it is impossible to derive t(s)h(s) or w(s)v(s).
(Christian Reitwiessner 2016)
Wallet design by Apocabal
Splash screen:
Overview:
Distribution
Update 22/01/18
As expressed by a few supporters we have come to the result that we would like to see a substantial plan ahead, which will persist as follows;
30% donators (if any)
32.5% Airdrop to BTC holders
22.5% Airdrop to existing XRB holders.
10% Givaway (Thread Posters/Twitter Enhancers)
5% Development fund
Whilst i do not wish to run a crowdsale, donations are welcome and will go towards my efforts in development. Donators will be noted in a database & published alongside Stone's main announcement, your assistance will not go unnoticed, depending on the distribution method selected as a community, donators may be included as a portion of distribution, we must first select method of distribution and work from there. For now donations should be treated as exactly that, donations.
Please note, this announcement thread is a pre-ann and is not complete, i will update as the project progresses.
References:
RaiBlocks Announcement: https://bitcointalk.org/index.php?topic=1381323.0
RaiBlocks whitepaper: https://raiblocks.net/media/RaiBlocks_Whitepaper.pdf
zkSNARKs: https://blog.ethereum.org/2016/12/05/zksnarks-in-a-nutshell/
Bitcoin: https://bitcoin.org/bitcoin.pdf
DAG: https://en.wikipedia.org/wiki/Transitive_reduction
congrats on the new all time high! - i have to admit i'm a holder of a small bag since 2013, still not selling, even though my small bag is now not-so-small, i try not to think about the price.
Spending our bitcoin where and when we can (I admit I'm guilty of holding) and educate people on bitcoin.
i agree - spending is the way to keep it all running smoothly - express your need for using bitcoins to stores in which do not currently accept bitcoin.
Bitcoin will always be considered as store of value while ETH will be platform for dapps (decentralized applications).
What determines the value of Bitcoin? I mean what justify for the high value? I would like to see it to reach $xxx,xxx in the near future before I go to Heaven.
its just pure speculation, simply speculation, nothing else to it. (oh possibly HYPE + fear of missing out)
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement wont be able to get a handle on this new cybercrime.
Bitcoins were always used in crimes, just as fiat is, basically if it has a value - it can be used in crimes.These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement wont be able to get a handle on this new cybercrime.
Which one suits you the most?
I personally use blockchain.info + Samourai Wallet - with strong ever changing passwords + 2FA.