Aurem opensourced, ICO updates

Aurem opensourced, ICO updates


Discreet Tech Team

Nov 2023 • 9 min read

Open-sourcing of Aurem, our novel consensus for Discreet

We are thrilled to announce a significant milestone in the development of Discreet: the consensus engine, a cornerstone of innovation within the realm of privacy networks, is now open source. This consensus engine represents a groundbreaking advancement, offering capabilities akin to major financial networks like VISA. Its primary achievement lies in its ability to process thousands of transactions per second, maintaining both high throughput and scalability.

Central to the Discreet consensus engine is a unique topological structure known as a communication history Directed Acyclic Graph (ch-DAG). This structure is meticulously designed to offer an optimal balance. It successfully marries the concept of decentralization—a fundamental principle in the world of privacy networks—with the efficiency and speed necessary to compete with traditional payment networks. By striking this balance, the Discreet consensus engine sets a new standard in the domain of transaction processing, merging speed with the principles of decentralized finance.

Development Progress and Pricing Update

In tandem with this technological breakthrough, we are also moving forward with a strategic financial update. To align with the current stage of our development and the significant progress we've made, we are implementing a much-anticipated price adjustment. Starting December 10th, 2023, the price of DIST will be set at $0.7 per unit. This adjustment is a reflection of our confidence in the value and potential of Discreet. It's important for our stakeholders to note that this price change is imminent. With the release of this announcement, the existing price of $0.5 per DIST is only valid for a limited time. Specifically, this price will remain in effect for less than 18 days from the date of this announcement. This time frame provides a crucial window for those interested in investing in Discreet at its current price before the adjustment takes effect. As we move forward, this pricing update is a significant step in our journey, reflecting the growth and evolution of Discreet as a pioneering force in the privacy network space.