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/biz/ - Business & Finance


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52199569 No.52199569 [Reply] [Original]

>cont'd
48 hours since a new privacy L1 testnet launched

TLDR:
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 (embed)
>rumors of top 5 exchanges (kraken, binance incubator)
>presale open for a couple of weeks more

for the uninitiated:
(presale still ongoing)
https://discreet.net/
https://github.com/DiscreetNetwork/Discreet

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

>> No.52199575
File: 77 KB, 640x640, photo_2022-05-20_03-24-00.jpg [View same] [iqdb] [saucenao] [google]
52199575

>>52199569
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

>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.52199594

>>52199569
another vc scam? good, not buying!

>> No.52199601

>>52199594
VC backed coins moon.

>> No.52199610

>>52199601
downside?

>> No.52199630
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52199630

>>52199569
Let me accumulate before your start your generals, fucker

>> No.52199638
File: 990 KB, 1077x1573, Screenshot_20221031-223521.jpg [View same] [iqdb] [saucenao] [google]
52199638

>>52199575
I own 43k DIST. AMA.

>> No.52199643

>>52199569
Scam. They siphoned the money through their privacy network so we can't even track what it's going towards

>> No.52199655

>presale
Stopped reading there. Is this another ICP ?

>> No.52199661

>>52199643
Moron keeps copypasting this nonsense in every Discreet-related thread I've seen. Let me just warn newfags in advance: These are Monero shills, Discreet is in testnet, no "money can be siphoned" because it's not a fucking listed asset yet.

>>52199655
No, its ICO backed, like Ethereum.

>>52199638
At what price do you sell?

>> No.52199669
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52199669

>>52199655
>>52199643
yapp, there are no new investable projects anymore.

>> No.52199695

>>52199669
Discreet is the only L1 ICO we've had in years on biz

>> No.52199892
File: 83 KB, 500x500, 1426898010480.jpg [View same] [iqdb] [saucenao] [google]
52199892

>>52199569
can someone give me the full rundown on other benefits than larger "ring size"? either way bought a tiny bag incase it 50x's

>> No.52199976
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52199976

>>52199892
Fly ID!

>>52199569
>>52199575
herewego. It's so fucking fast

>> No.52200065

>>52199569
What's a sui stack?

>> No.52200110

Holy fucking fuck testnet is FAST

>> No.52200176
File: 26 KB, 850x567, instantly.jpg [View same] [iqdb] [saucenao] [google]
52200176

>>52200065
>>52200110
If youre already on testnet that means you have 3k, assuming 50x on Bittrex/Binance listing on mainnet thats 75k profit, idk if that consitutes 'sui stack' to you, but yeah its instant finality so its legit faster than swiping my mastercard lol, cant wait for the mobile app

>> No.52200297

>>52200176
5.6k is current stack

>> No.52200310

Sirs, when I can redeem my BSC DIS tokens?

>> No.52200389

>>52199569
kek this scam again

>> No.52200421

>>52199569
reminder they hired pajeets to spam this board and promised to put their token on the market two months after IDO and instead locked it for a year

>> No.52200466

>>52200421
source: just believe me dude

They have a working chain, your FUD doesn't work anymore. Post hands parasite.

>> No.52200475

>>52200466
nigger

>> No.52200482
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52200482

Can I buy from presale with BNB?

T. Illiterate spoonfeed dumbo

>> No.52200668

>>52200065
Imo 3k. Makeit 30k.

>> No.52200721
File: 31 KB, 596x310, eth-bridge.png [View same] [iqdb] [saucenao] [google]
52200721

>>52200482
Yeah that's the only chain through which they offer the IOUs atm. They are currently working on making them available through the Ethereum chain as well.

>> No.52200785
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52200785

>>52200721

I see. So I just connect my wallet via BSC to that pinksale and then buy some?

>> No.52200816

>>52200785
That's it. Not sure which wallets are supported by their api desu. I've used Metamask.

>> No.52200936

comfiest hold during cataclysmic bear days, I think it'll get a CEX mainnet listing just in time for bull market after stagflation ends.

>> No.52201200
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52201200

>>52200816

And final question, whats the pinksale price at the moment?

>> No.52201298

>>52201200
It's pegged at $0.5 and will stay there for the rest of the IDO. However if you're lucky you may find someone wanting to unload their bags in the TG for a lower price.

>> No.52201323
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52201323

>>52201298
I believe there's a 1inch pool with some BDIS for 0.46, but then you can't get on testnet lol, so thats mainnet hold

>> No.52201464
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52201464

>>52199976
>monero with instant finality
i'm living in the future.

>> No.52201587
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52201587

So when is the launch approximately?

>> No.52201865

>>52201587
I'm predicting Q2 2023 but correct me if I'm wrong. If this thing won't make me rich, I'll KMS on livestream.

>> No.52202300

>>52201865
Will you livestream it if you make it? Either one will be interesting

>> No.52202542

>>52202300
Nah I don't want to get doxxed because I'm not planning to pay a single dime for the goyerment.

>> No.52202661

>>52202542
taxed evasion lane

>> No.52202810

>>52200721
Just wait for the 'bridge hack' 6 months later

>> No.52202858

>>52202810
it's not a swap bridge lol

>> No.52202942

>>52200110
>Holy fucking fuck testnet is FAST
I love fast stuff, however being fast on no traffic is a small feat, I've seen networks slowing down rapidly as traffic rises, with unsolvable congestion issues.
So meh, not a selling point to me.

Would anyone tell me what's the point of this PoS scam when we already have PoW Beam without the endless ICO?

>> No.52204684
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52204684

>>52202942
They said it had been tested with up to a few hundred public nodes which is really all that matters, Bitcoin (the largest) only has a few thousand public nodes, and it's still fast as shit

>t. installed yesterday, comfyware

>> No.52205006
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52205006

>>52204684
just got my first faucet payout, can you send an address in the telegram?

>> No.52205092
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52205092

anon? why did you steal my pic related?

>> No.52205325

>>52199569
This is a bigger scam than Apotos kek

>> No.52205519
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52205519

>>52205325
>aptos: 4 tx/s
>350m funding
>does literally nothing

not even remotely comparable

>> No.52206090

So if its 0.5 now, and based on tokens sold 2.5m MC on launch, whats the max x this thing could do? I bought 250$ worth a few days ago

>> No.52206577
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52206577

>>52205092
Sorry MATICchump, purple is our color now.

>> No.52207006

>>52206090
~50$ is the assumed rate after cex launch

>> No.52207242
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52207242

Bought 1k stack. AMA.

>> No.52207432

Would building a bridge for this be profitable?

>> No.52207708

>>52207432
What would you bridge it to? XMR? That'd be fucking funny.

>> No.52208156
File: 342 KB, 1920x1080, IMG_20221102_212212_563.png [View same] [iqdb] [saucenao] [google]
52208156

some madlad in the testgroup got it running on arch, idk bros im feeling bullish

>> No.52208276

>>52208156
Link to TG?
Wallet looks sex

>> No.52208414

>>52208276
t me/DiscreetNetwork

>> No.52208490
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52208490

Any way to get this with ETH?

>> No.52208569

>>52201464
>monero with instant finality
lol, lmao even

>> No.52208625

>>52207006
holy fuck this is delusional

>> No.52208655

>>52208625
stinky id, once most coins are locked up in confidential staking and tail emission kicks in, watch the price rocket

>> No.52208895

>>52208625
Not really

>>52208655
Checked. When does tail emission kick in?

>> No.52209070

>>52208895
Once 290 mil is paid out.

>> No.52209134
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52209134

lol this is so blatantly a jeet shill thread
KYS

>> No.52209295

>>52209134
post hands XMR nigger

>> No.52209411
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52209411

/disg/ now being an ongoing general is nice, someone posted block size data on the thread yesterday, does anyone have the archive?

>> No.52209607

Out of all the shit on biz, from dogcoins, stinky linkies, rubic jeets i think i dont hate anyone as much as distards. To any newfags this chat is literally 3 indians in a room together, talking between themselves and posting pepes.

As far as the project itself is cincerned, i honestly cant tell you if irs good or bad. Im leaning towards bad, because apart from
>ITS BETTER THAN XMR (ironically i dont think these two coins have similair purposes except for privacy, but distards always mention it for some reason )
>UUUU LOOK HOW FAST THE TESTNET IS (of course a testnet with a 100 people is gonna be fast, but thats not realistic. Nice demo tho)
>LMAO BRO, OF COURSE DEVS CANT MARKET IT YET, THEY NEED A WORKING PRODUCT TO INVITE DEVELOPERS TO (Why would anyone go developing for a chain that has had a presale last for over a year and barely fill 25%, when they can go develop for any other chain and even get funding for it. Also ober a yeae ago devs unironically paid actual pajeets that barely spoke english to market it here and you can imagine the threads died out quick)
>READ WHITEPAPER BRO (If you cant explain why this product is needed, dont cope with this excuse)

Your move distards, prove me wrong

>> No.52209652

>>52209607
>Also ober a yeae ago devs unironically paid actual pajeets that barely spoke english to market it here

Source?

>> No.52209717

>>52209607
hi alleged jeet cabal here, I bought, cope?

>If you cant explain why this product is needed, dont cope with this excuse
literally says it all if you cant do due diligence in crypto then youre gonna lose all your shit, but this project is the only one shilled on biz that has a functional fucking network and is in ICO, so cope seethe and dilate over having spent your last penny on a dog coin and promptly kys

>> No.52209749
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52209749

>>52209652
Nigga I was there, that is what sparked my hatred for the coin in the first place. Im sure if you dig in the archives you can find something.

Also at that time the biggest turn off was that the presale was supposedly planned for months. Devs working hard, getting everything setup. Then before presale, they changed it like 3 times. How long it lasts, where its held, how much it costs...
This destroyed all trust i have had in the dev team.

From then i have been seeing discreet mentioned every now and then, but i still do not see what its purpose or appeal is. The privacy aspect is also really weird, since if people want privacy they want it private from everyone (like xmr), but these guys say it is private, but can be audited. So because of this, the data is available to anyone ie governments. So why would i care about this, when other chains are already setup and do things better?

>> No.52209773

>>52209749
>but these guys say it is private, but can be audited. So because of this, the data is available to anyone ie governments.

HAHAHAHAHAHAHAAHA
Your understanding of ring signature chains is so fucking retarded, room temperature IQ take

>> No.52209781

>>52209717
Again, this is a classic example. This post literraly has nothing to say. This person is shilling this coin, but doesnt know anything about it, so the defense mechanism is
>READ WHITEPAPER,

>> No.52209787

>>52209749
>three paragraphs
>none of them are sources

Yikes!

>> No.52209792

>>52209773
Ok smart guy, explain what the chain does. Over 10 threads you have not been able to acomplish this once

>> No.52209799

>>52209781
>>52209792

Since you refuse to read, I found this for you on their website

https://discreet.net/power

>> No.52209868
File: 305 KB, 500x630, galadriel.png [View same] [iqdb] [saucenao] [google]
52209868

>>52199569
>/disg/ - now real
>>52199601
>>52199610
>>52199630
>>52199638
>I own 43k DIST. AMA.
>>52199661
>>52199695
>>52199892
>>52199976
>>52200065
>>52200110
>>52200176
>>52200297
>>52200310
>>52200466
>>52200482
>>52200668
>>52200721
>>52200785
>>52200816
>>52200936
>>52201200
>>52201298
>>52201323
>>52201464
>>52201587
>>52201865
>>52202300
>>52202542
>>52202661
>>52202858
>>52204684
>>52205006
>>52205092
>>52205519
>>52206090
>>52206577
>>52207006
>>52207242
>Bought 1k stack. AMA.
>>52208156
>>52208276
>>52208414
>>52208490
>>52208655
>>52208895
>>52209070
>>52209411
YES! HERE THEY ARE BACK AT IT AGAIN!! THIS IS A DISCREET SHILL THREAD. DO NOT BUY. USE THIS AS A TOOL TO UNDERSTAND THE POST PATTERN. THESE FAGGOTS USE A VERY BASIC SCRIPT AND HAVE 2-3 VPN PAKISTANI HOMOFAGS POSTING ALL THESE DIFFERENT 1PBTID. NO ONE FUCKING OWNS THIS COIN. NO ONE BUYS IT. DO NOT GIVE THESE MOTHERFUCKERS ONE FUCKING PENNY. INB4 POST HANDS. FUCK YOU. INB4 MONERO SHILL. FUCK YOU.
THIS IS A DISCREET SHILL THREAD. DO NOT BUY
>THIS IS A DISCREET SHILL THREAD. DO NOT BUY
THIS IS A DISCREET SHILL THREAD. DO NOT BUY
>THIS IS A DISCREET SHILL THREAD. DO NOT BUY
THIS IS A DISCREET SHILL THREAD. DO NOT BUY
>THIS IS A DISCREET SHILL THREAD. DO NOT BUY
THIS IS A DISCREET SHILL THREAD. DO NOT BUY
>THIS IS A DISCREET SHILL THREAD. DO NOT BUY
THIS IS A DISCREET SHILL THREAD. DO NOT BUY
>THIS IS A DISCREET SHILL THREAD. DO NOT BUY
KASHMIR IS THE RIGHTFUL SOIL OF PAKISTAN

>> No.52209901

>>52209868
people can just hover over the IDs and check that you're a midwit fudder.

bullish sign that you went straight from /xmr/ to seethe so hard over this

>> No.52209918

>>52209901
purple ID, fuck jannies and fuck kikes

>> No.52209976

>>52209901
>people can just hover over the IDs and check that you're a midwit fudder.
>bullish sign that you went straight from /xmr/ to seethe so hard over this
YES, USE YOUR WORDS. COPE SEETHE DILATE, MAKE SURE TO DROP A COUPLE NIGGERS IN THE MIX SO PEOPLE THINK YOU ARE AUTHENTIC. NO ONE HERE GIVES A FUCK ABOUT MONERO EXCEPT FOR THE MLPFAGS AND THE LOLIFAGS BECAUSE THEY ARE THE SAME PEOPLE. PLEASE ADVANCE TO THE NEXT REBUTTAL ON YOUR LIST OF RESPONSES.

>> No.52209997

>>52209976
ahhahahahahahahaahah
>i'm not laughing with you

>> No.52210030

>>52200176
Assuming 50x in a bear market will get you raped. Buy KENSHI

>> No.52210042

>>52209799
I read it over and the only thing of any worth here is that it does improve some features of XMR. However it loses others in the proccess and does not have the reputation needed to be used in such a way.

Plus i gotta agree with>>52209868 you guys shilling so badly is only hurting this product.

I have decided to skip discreet.
My prediction is that this will ptobably stagnate at its current price. When some big news comes out it may pump a bit, but i dont think it has the quality to sustain growth. So i feel any other coin like LINK, MATIC, AVAX, FTM can give a much safer 5x compared to discreet. Good luck other anons, just dont take everything written as 100% fact

>> No.52210049

>>52209918
>purple ID, fuck jannies and fuck kikes
EXCELLENT WORK ANON, YOU USED THE FUCK JANNIES AND FUCK KIKES PHRASE SO PEOPLE WOULD THINK YOU AREN'T A SHILL. EXCEPT EVERYONE FUCKING KNOWS BECAUSE YOUR FUCKING SCRIPT IS ALWAYS THE SAME. FUCK YOU. MODS WE NEED FUCKING FLAGS AND MUST IMMEDIATELY BAN ALL INDIA AND KASHMIR (PAKISTANI) FLAGS FROM POSTING ON THIS BOARD EVER AGAIN. THESE THREADS ARE THE DINGLEBERRIES OF BIZ AND WE NEED TO WIPE THEM CLEAN. WE HAVE THE POWER BECAUSE WE HAVE ALL THE BATHROOMS.

>> No.52210069
File: 1.96 MB, 198x360, 1663393453857481.webm [View same] [iqdb] [saucenao] [google]
52210069

>>52209868
>mass replier
>asinine self-contradictory post formatted like spam
>INB4 POST HANDS
>curry id
It does make me wonder.

>> No.52210116

>>52209868
they will never learn. let them lose their money to this scam. they deserve it.

>> No.52210128

>>52208655
>staking
holy fuck this shit is worse than I thought.

>> No.52210132

>>52210042
>LINK
>FTM
Stopped reading.

>>52210049
>>52209976
>>52209868
I'm not even invested in this project, and you're actually pathetic, I checked pbtid, and your motives are clearly malicious.

>> No.52210172

>>52210116
>they will never learn. let them lose their money to this scam. they deserve it.
I AM NOT INTERESTED IN THE IDIOTS THAT STILL FALL FOR IT. I AM ONLY INTERESTED IN MINIMIZING THE AMOUNT OF GAIN THESE FUCKING THIEVES TAKE. IF THEY STARVE MAYBE THIS BOARD CAN BE USEFUL AGAIN. THIS BOARD IS FUCKING GARBAGE AND IT IS POSTS LIKE THESE THAT FUCKING RUIN IT. FUCK YOU ALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

>> No.52210192

>>52210132
>I checked pbtid
YOUR SCRIPT IS STILL EASY TO SPOT. NO ONE TALKS LIKE THE POSTERS IN THIS THREAD ANYWHERE EXCEPT SHILL THREADS. FUCK YOU I HOPE YOU STARVE AND YOUR PETS EAT YOU TO SURVIVE.

>> No.52210271

>>52210192
>>52210172
hi, I'm a real person. die.

>> No.52210303

>>52210271
>hi, I'm a real person. die.
NO ONE FUCKING CARES FUCK YOUR SHILL THREAD AND FUCK YOU

>> No.52210553

the sneed in this thread.

>>52199569
>>52199575
>Paranets
the fuck is this? sounds like polkadot but its a monero clone right?

>> No.52210671

>>52199569
Pajeet proof of stake scam

>> No.52210681

>>52210553
aux network to use their consensus

>>52210671
doesnt meant it wont moon lol

>> No.52210702

>>52210681
If you make money scamming pajeets then i'm happy for you anon. Shoot for the curry stars

>> No.52210841
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52210841

>>52210702
Are these the jeets you speak of ? Zero kikes, all scandi

>> No.52210919
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52210919

the year is 2027, what general persists? does /biz/ even exist?

>> No.52210980

>>52210841
>Jørgenson wow did they just make up names?

>> No.52211086

>>52210980
Looked them all up on Linkedin. They're real.

>> No.52211151
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52211151

Is 50 BNB enough to make it within 3 years?

>> No.52211334

>>52199569
Bitcoin is a CIA op. No further comment.

>> No.52211377

when i saw purple i thought this was a polygon thread and got excited, especially after the news about jp morgan executing their first on-chain trade using matic lol

>> No.52212883

>>52199630
You had 17 months, retard.

>> No.52212928

>>52201323
Why couldn't you get on testnet? All you have to do is sign from a wallet holding 3k BDIS. You don't have to purchase it directly from them.