Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
by
StewieG
on 14/05/2017, 02:38:29 UTC


Quote
DIRECT CRYPTO TRADING

Because the HEAT client hosts client side real crypto, integrated to the HEAT blockchain asset exchange through built-in invisible gateway, users can trade cryptocurrencies right from their wallet on p2p orderbooks without going through an exchange. This means that once your trade for ie. BTC/ETH goes through, you can use the BTC or ETH as you do normally. Bye bye withdrawal delays! Welcome multicurrency client and native direct exchange!



Bye bye withdrawal delays  Roll Eyes sorry but LAMO over here! xD

Here is a little something to show you how much the heat exchange sucks donkeyballs! There is an asset called BTC. It was created by the heatdickheads. Now how many BTC did they issue? Did they issue 21million? Did they issue lets say 100, because they had them laying around? You see the problem? Lets's say they issued only 100BTC and you want to make a market ETH/BTC. Now how many BTC are there? Right there are only 100BTC in the system. How can it be increased? Can it be increased? Can anybody increase it, or can the one who issued the BTC only increase it? If so, then the heatheads can create BTC out of thin air? They are the only ones having full control over the BTC issuance? Wow! Very decentralized! Lets say they get hacked and someone now has control over the BTC issuance and buys up all the ETH and withdraws it. Sounds pretty fucked right? If the exchange grows and many more currencies enter the exchange, if one of these currencies key gets stolen an attacker would have the power to issue an infinite amount of coins and buy up (if circumstances on the markets trading that particular coin are right) all the other coins on the markets. Well that is the HEAT Ass2Ass exchange! It is pretty fucked! Of course there is no documentation anywhere to be found how the Ass2Ass Exchange works because if anyone with half a brain would look at it he would see that this whole heat Ass2Ass bullshit would never work. Same goes for the 1000tps horseshit, it will never work!