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  • Frequently Asked Questions - New to DAPS? Start Here!

    Hi, welcome to DAPS!

    You can learn about the basic principles of DAPS here in this FAQ. If you understand the basic information from this section you can move on to more specific sections for example: Masternodes, Staking, Wallets and so forth to ask or learn more specific information.



    Q: How is DAPS different from other privacy coins?

    A: DAPS (Decentralized Anonymous Payment System) will not compromise on any privacy features. No other privacy coin is wholly anonymous. DAPS will be completely untraceable. The only tracking will be the total supply and block height via the Proof-Of-Audit block.



    Q: Where can I find the DAPS whitepaper?
    A:
    Click here to read our whitepaper



    Q: Where can I find the DAPS roadmap?
    A: Click here to view our roadmap



    Q: When is the DAPS coin mainnet launching?
    A: The DAPS coin chain development has already been completed and the code is currently being audited by Red4Sec, a top-tier code auditing firm. Mainnet is scheduled to be launched once the code audit has been completed by the end of Q3 of this year (end of September 2019)

    Read the full code audit by Red4Sec press release here




    Q: Who are on the DAPS team?
    Meet the DAPS Team!
    Spreading Satoshi's vision to the world, one DAPS at a time!
    https://daps.tribe.so/files/portals/5d4919ff7ed47d0373702a10/posts/9e8/5d4d8dbf30c30233891c79e8.png

    Adel de Meyer
    DAPS Leadership

    LinkedIn
    Twitter

    Andrew Huntley
    CTO


    LinkedIn

    Andy Robinson
    Senior Manager


    Twitter
    LinkedIn
    Charley van Laar
    Senior Manager


    LinkedIn
    Anestis Finstad
    Web Developer - Management


    Twitter
    LinkedIn
    Justin Da Silva
    Junior Developer - Researcher


    Twitter
    LinkedIn
    James Rennie
    DAPS Representative & Community


    Twitter
    LinkedIn
    Stuart Gee
    DAPS Council & Community


    Twitter
    Alexander Robnett
    DAPS Council & Advisor


    LinkedIn
    Marius Großhans
    DAPS Community - International


    Twitter
    LinkedIn














    Q: Who are the DAPS developers?
    A:
    The DAPS coin chain has been developed by The Arcadia Group. The Arcadia Group are the official DAPS software development partners working closely with our CTO Andrew Huntley.

    The Arcadia Group is a company based in Dallas Texas who focus on blockchain software development especially custom consensus algorithms, mobile apps, and machine learning products. The Arcadia Group’s portfolio includes projects like PIVX, Zcoin, and AEON.

    The Arcadia Group is run by CTO Rasikh Morani and CEO Kamish Rehmatulla who both have extensive backgrounds in blockchain technology, technical planning, cryptocurrency modeling and software development. CEO Rehmatulla also founded Ksoft, a software as a service company for retail & restaurants.


    Click here to read the full press release



    Q: What's the HARPOCRATES protocol? How does DAPS work?
    A:
    The Proof-Of-Audit idea and DAPS Protocol implementation is called „Harpocrates Protocol“ and will set out to be a new industry standard.
    Utilizing the following key technologies:

    - RingCT:

    Ring Confidential Transactions (RingCT) use an elliptic curve in order to select dummy transactions to mix in with the actual transaction. The ring size is (in our case) selected dynamically by the wallet at the time that the transaction is generated.


    - Bulletproofs:

    Bulletproofs are a range mathematical proof that allows 1 or more parties to verify an amount without knowing what the amount was. It also makes sure that the number is positive, this gets rid of negative spend as an added benefit. Click here to read a detailed article about Bulletproofs


    - StealthAddresses:


    Whenever a utxo* is generated, a sub-address of the main privacy account is created. The funds are then sent from the new sub-address to the recipient.
    The reason for this is traceability. A new address every time means that even 2 people sending constantly to one another will have a transaction history that a 3rd party cannot determine how many people are on the network.
    Where standard addresses are fairly easy to read and can be easily idenfied such as:
    3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy

    DAPS stealth addresses are quite different. The following is an example of a DAPS public address:
    41k8JcYj2EG4eDHbpPNneDdKvFqHFpQMMGykRUorNnihiY4RaR NdLiUUfThfzugo5auHkqThwQgZ3EixmxyoDkj17c7Qy6BVWP

    We call these "Privacy Accounts".

    One might argue that if this address is public, how is anonymity achieved then?
    In DAPS, if a sender wants to send to a recipient, the recipient's public address will then be used for generang a one-me generated public key/address based on a transacon public key generated by the sender per UTXO.

    The parcularity of this scheme is that while generang this one-me generated public key, the sender has no way to generate the corresponding private key to redeem the UTXO later. Such private key can only derive by the owner of the public address, who has both pairs of private keys in our dual-key system explained as below.
    *vout / spend / utxo: a transaction where coins are sent from one address to another address



    - StealthTransactions:


    The Public address/integrated address of the receiver for a transaction should be sent to the sender, whose wallet does the following steps to create a fully private transaction:
    • Parse the public address to extract public view key Pv, public spend key Ps, and payment ID (optional) of the receiver.
    • Check whether the wallet has enough balance to send.
    • Generate a one time-generated public key P for the receiver.
    • Create a transaction output with destination as the above one time-generated public key and the expected sending amount.
    • Select a set of spendable UTXO to be transaction inputs.
    • Generate ring signature.
    - Proof-of-Audit

    PoA or Proof of Audit is DAPS Coin’s proprietary consensus mechanism for the DAPS chain.

    It is essentially a chain accountant that ensures that the total supply (max supply + emissions) has not been tampered with. The chain must have at least 59 PoS blocks minted before the next PoA block can be mined, this is because a PoA block cannot audit less than 59 PoS blocks and must audit 24 blocks in 24 hours.

    Each PoA block contains the ID’s of the PoS blocks that it audited. This allows anyone to go and view the blocks that have been audited. A PoA block will not contain any ID’s of other PoA blocks as they are not audited.

    The consensus rules included in the DAPS chain at different stages mean that the last line of defense is the supply and emissions and thus having an auditor that can check this means that we have sealed up this possible avenue of attack.

    Click here to read the full PoA article

    We achieve complete obfuscation of all users and transactions. This mix will of features, featuring PoA creates a completely trustless anonymous blockchain network.
    Last edited by CloudOne; 5th September 2019, 11:39 AM.

  • #2
    Great Read here.

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