Quote from: reck1ess on January 30, 2018, 03:25:03 AM

Quote from: tophe15 on January 30, 2018, 02:23:34 AM

Quote from: wiss19 on January 30, 2018, 02:15:12 AM

Quote from: negancoin on January 30, 2018, 01:40:25 AM

Quote from: contractus325 on January 29, 2018, 11:47:56 PM

Quote from: funbags on January 29, 2018, 01:04:27 AM

the reason other exchanges ask for your information is because they have to. because they operate in countries in which their governments require it like the USA etc. This is why velox bolt will be off shore and not require KYC. This is why Velox Bolt will be huge. NO id, No limits, giving privacy back to the traders.

So where will Velox work? This is interesting to me. What about the countries in which there are no regulations on cryptocurrencies in there also full freedom on the stock exchange is possible after verification.

In simple words, there are two type of exchanges, Centralized and Decentralized. Velox exchange is decentralized exchange that does not rely on a third party service to hold the customer's funds. Instead, trades occur directly between users with peer to peer. The power of the BoltSwap open-source wallet eliminates third party exchanging, with no account or information required. In other work, Velox doesn't need licence in any country, so one will control it, think of etherdelta.

if velox exchanges are decentralized so this token has no center
and not those who control this token
as in Bitcoin also decentralized and if you want to get it we have to mine first
and tokens tomorrow provides for the coin miners

That's where I get confused on the mining part of this VLX coin, from what I understand, we can gain vlx by converting it from btc and eth? correct me if I'm wrong. If there will be a mining of VLX coin in what way can we mine it? Like using gpu?

We can gain VLX by trading VLX/BTC and VLX/ETH using the velox exchange platform, another way of earning this coin is by participating in their bounty and by mining. Although there aren't much offer for bounties for now.

I also don't understand it. The question is very clear. What is the method of mining this currency? Do not buy it - it's clear. Do you know it or not?