Re: [PRE-ANN][IPO][RADIX][based on Ripple]First stage 40% of coins to be distributed
"The Radix network, at its core, is a shared, public database. Within the database is a ledger that accounts and balances. At any time, anyone can view the ledger and see of all activity on the Radix network.
Computers on the network mutually agree on changes to the ledger through a process called consensus. The network reaches consensus globally within seconds. This consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized settlement on the Radix network.
Distributed networks offer many efficiencies over centralized networks. Because the network is "self clearing," it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are reliable. And because they are open source, they tend to be more secure."
Sounds like a newb way to describe what Bitcoin is. Ripple also had millions of dollars in venture capital backing it up. I would highly encourage people to proceed with caution as this is more tilting towards SCAM.
Actually, we took that from Ripple's website. Computers on the network mutually agree on changes to the ledger through a process called consensus. The network reaches consensus globally within seconds. This consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized settlement on the Radix network.
Distributed networks offer many efficiencies over centralized networks. Because the network is "self clearing," it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are reliable. And because they are open source, they tend to be more secure."
Sounds like a newb way to describe what Bitcoin is. Ripple also had millions of dollars in venture capital backing it up. I would highly encourage people to proceed with caution as this is more tilting towards SCAM.
When we finish with the development then we will care making our own descriptions.
Noone is forcing you to invest, but please don't call us scam.
We'll return the money to anyone who wants it back.
Sure. Like all the other IPO scams returned the money. Use an Escrow then if you are legit. Claiming that you copied the description of your coin from another coin is already a HUGE red flag in my book. You put all the time in to design the site, the social media, but yet can't even describe what your product is about in your own words and just copy it from another site? Sure, sounds pretty legit to me.