vouchers with privacy... sounds like Cashu :)
if you're looking for that, we can help. we want to see you succeed. it can be done without shitcoins. happy to jump on a call and strategize.
Huge thank you to all for feedback and suggestions on Community Vouchers plan!
FAQ:
1. Can we still use our servers?
Yes, and it will be improved (read full FAQ). Community Vouchers are completely opt-in, and intended only for server payments by the large groups.
2. How is it possible to provide privacy on public blockchain?
In the same way as we provide private communications on the public Internet - by using per-purchase addresses, not per user as in wallet apps, and by using zero-knowledge proofs to verify ownership.
3. How many Community vouchers will be pre-sold and available during public sale?
None! No Community Vouchers will be made available to any insiders or to the public sale – it would have made them investment contracts. Community Vouchers are restricted utility tokens.
4. What problems do vouchers solve?
- unlinkability of purchase to usage, thanks to zero-knowledge proofs.
- trust to server operators - funds will be only unlocked to them after infrastracture is provided.
- revenue sharing with network - it will be codified in blockchain contract.
5. Are you considering other blockchains?
Yes, as long as they are sufficiently mature, and natively support smart contracts and zero-knowledge proofs. Send your suggestions!
Read more details in the updated Community Voucher FAQ at http://simplex.chat/token
Discussion
I understand why smart chains have been stigmatized, but how is an inherently custodial ecash system any better?
We honestly see it as a very rare view, proportionally. We are using planning to use one of smartchains for their intended purpose - distributed computing with reliable network-wide consensus. While Community Vouchers is the primary driver to use a smartchain, it'll also solve other problems:
- namespaces for users and groups, that protect from MITM attacks - if operators host names, as in federated designs, it's impossible to protect from them.
- public server registry with operator trust and reliability metrics, without any central authority as with Tor, for example.
And there won't be any minting activity by the operators - they will run full non-validating nodes on blockchain, and will act as decentralized RPC layer to blockchain (which is a weak link for most chains), letting clients to have multiple independent views onto chain for important queries (such as name resolution).
This is a really big innovation, and most users don't see it - they think we're going to use what exist.
More than happy to chat Calle - it's a priviledge. But we're not doing shitcoins.
I can send you SimpleX address for DM?