Here’s our 154th AMA recap!
Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with DCS 20 November, 2021. This guest star,
- Vivian — DCS Global Ambassador
Introduction
Vivian :
Hello everyone, I am Vivian, one of DCS global ambassadors. I am honored to share DCS with you here, thank you❤️
QUESTIONS MODERATOR
Please briefly describe what is DCS?
Vivian :
DCS Decentralized Data Crypto System is an anonymous privacy protection platform based on BSC.
It pioneered the Mix-ZK protocol, which combines “hybrid data structure” and “zk-SNARK” to ensure user anonymity, message transmission privacy, and data structure privacy.
It provides users with digital asset security and privacy solutions, and creates a brand-new transaction model that is decentralized, concealed, safe, shared, and mutually beneficial.
DCS’s privacy encryption system can effectively protect the privacy and security of on-chain individuals, enterprises, institutions, etc.
As the global ambassador of DCS, what is your understanding of DCS?
Vivian :
DCS is a practice of the blind signing and coin mixing theory, and is committed to solving the problems of inefficiency, insecurity and inconvenience that are common in current anonymous protocols.
DCS is developed on the basis of BSC and is compatible with a multi-chain architecture decentralized anonymous protocol. It does not require a third-party trust-based “indefinite bearer encryption certificate”.
It has the advantages of BSC cross-chain, high efficiency and low cost, and can be cross-chain deployed easily, which provides strong support for the release of anonymous assets, privacy transmission, and interactive operation.
It is a cross-chain supported anonymous privacy protocol that towards application services.
DCS is also developing in the direction of platform, and is committed to adopt various applications built on the platform to protect users’ privacy and data security.
Why does DCS want to join the privacy protection and anonymity track?
Vivian :
The report of the Belgian research institute’s “Anonymity and Privacy in Electronic Services” (APES) project shows that there is a great demand for privacy and anonymity in all industries.
The report divides anonymous applications into anonymous communication, anonymous publishing, anonymous browsing, anonymous payment, and anonymous voting, anonymous auctions and laws, etc., and claim that the decentralized blockchain anonymous solution is the best practice for privacy protection.
To break the relationship between the digital economy and personal identity, DCS has created a new privacy protection system, born to solve needs! And it has high application value!
DCS develops privacy and anonymity but currently, it only supports the BSC. Have you considered supporting cross-chain?
Vivian :
The DCS system supports cross-chain.
Not only assets in the BSC ecosystem can use the DCS system, once the DCS system is deployed on other public chains such as Ethereum, Solana, etc., those on-chain assets will also be able to use the DCS system across chains.
It is a new generation of anonymous system with security, privacy, convenience, complexity and incentives. It has the advantages of BSC cross-chain, high efficiency and low cost.
It is a cross-chain supported anonymous privacy protocol that towards application services.
What is the logical structure of DCS?
Vivian :
DCS is divided into BSC layer, data layer, network, and application layer from bottom to top, each layer has a clear division of labor and works closely together to support DCS’s efficient cross-chain anonymous protocol system.
BSC layer — Based on Binance Smart Chain, it supports cross-chain and second-tier side chains
Data layer — based on IPFS, to achieve mixed data distribution
Network layer — an anonymous routing node is temporarily selected to be responsible for hidden channel routing
Application layer — provides API interface to provide secure access for anonymous applications.
QUESTIONS TWITTER
What is the current stage of DCS progress?
Vivian :
DCS has now entered the 2.0 era.
In DCS 2.0, not only BSC assets can be used in the future, but more forms of assets can be mixed in DCS, such as SOL, ADA, and FTM ecological assets.
Why does DCS increase the denomination of the issuance certificate? Could you tell us more details?
Vivian :
With the rapid development of DCS, many people have realized privacy protection through DCS.
At the same time, higher concealment needs are gradually emerging, and the community users of the DCS system also strongly appeal it, so DCS decided to increase the denomination of issuing certificates.
USDT/BUSD increased denomination of 2,500,000
BNB increased denomination of 12,500
DCS increased denomination of 50,000
Welcome more users to use the DCS system, we will continue to move forward!
DCS has recently received investment. What is the current situation?
Vivian :
Yes, DCS recently received a US$10 million investment from Australia’s Console Ventures.
This is a strong statement of the importance of blockchain network privacy that people highlight, because Console Ventures has a history of identifying and investing in new blockchain projects.
DCS plans to use the funds to enhance and extend their privacy solutions to other chains. In the next few weeks, DCS will launch our Beta partner program, with the goal of exploring more diverse DCS applications in the future , so there will be more applications.
What are the ways to obtain DCS currently?
Vivian :
DCS has been listed on PancakeSwap on August 12, 2021, and opened mining.
At present, DCS token can be obtained in PancakeSwap, adding liquidity mining and certificate-issuance mining.
As a representative of the privacy and anonymity track, what applications will DCS have?
Vivian :
DCS is mainly developing towards more efficient real-time transactions and untraceable privacy protection of transactions, and will gradually be applied to epidemic prevention and control, anonymous voting, bidding, bidding, and ICO anonymity.
In terms of ICO anonymity, due to the public ledger characteristics of the blockchain, participants’ token holding addresses and sending addresses can be traced. DCS will provide the ICO DCS API, when the tokens sent by the user are mixed and enter the address of the project party, the user cannot track the address of this user. We believe this method will enhance the security and enthusiasm of participating in the ICO.
With the cross-chain deployment of the DCS anonymous protocol, projects on public chains such as BSC, ETH, and SOL can achieve more private token issuance activities.
QUESTIONS TELEGRAM
I want to invest in DCS, but still have doubts and wonder what other application scenarios DCS will have in the future?
Vivian :
DCS is mainly developing towards more efficient real-time transactions and untraceable privacy protection of transactions, and will gradually be applied to epidemic prevention and control, anonymous voting, bidding, bidding, and ICO anonymity.
In terms of ICO anonymity, due to the public ledger characteristics of the blockchain, participants’ token holding addresses and sending addresses can be traced. DCS will provide the ICO DCS API, when the tokens sent by the user are mixed and enter the address of the project party, the user cannot track the address of this user. We believe this method will enhance the security and enthusiasm of participating in the ICO. With the cross-chain deployment of the DCS anonymous protocol, projects on public chains such as BSC, ETH, and SOL can achieve more private token issuance activities.
Do you have any
1. Telegram Group
2. YouTube channel
3. Tiktok Channel
4. Website
For this project? From where we can learn something? Please share with us link.
Vivian :
Website:dcs.cash
Twitter: twitter.com/DCS_crypto
Telegram:https://t.me/DCSOff
medium:https://medium.com/@DCSOff
Can we Stake on your platform? If not, have you thought about adding this feature?
Vivian :
At present, DCS token can be obtained in PancakeSwap, adding liquidity mining and certificate-issuance mining.
Where can I buy your tokens now. What are your current contracts, and how can I buy them and what are the benefits?Thanks sir
Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Vivian :
Contract address
0xeecf92bf5e8f96e174510e9cd2b2a857aa039460
$DCS has been listed on Pancakeswap
According to the project’s roadmap- what are your most important next priorities?
Vivian :
We are optimizing our platform UI so that users can have a more comfortable experience
Telegram Chat | Twitter | Website | Medium
Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about DCS.
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