Quote from: ETFbitcoin on Today at 09:37:06 AM

Quote from: WFMM on September 30, 2020, 12:09:53 PM

Quote from: ETFbitcoin on September 30, 2020, 11:46:08 AM

1. How do you ensure decentralization?

Decentralization of the EurBit token and its ecosystem is provided by several factors:
•   Firstly, only decentralized cryptocurrencies are used (burned) in the process of mining.
•   Secondly, absolutely any inhabitant of the planet can take part in the mining (emission) process. Moreover, he/she can do it independently, anonymously and without anyone’s permission. There is no need to pre-buy expensive computing equipment, to spend a lot of electricity and to have complex technical knowledge. It is very simple, on the surface it looks like an ordinary token sale, like exchanging one cryptocurrency for another, although this is not so. The project team can also take part in the mining process, but only as individuals, and on exactly the same conditions as all the other 7.7 billion people. The team does not have any more favorable conditions (pre-mine, inst-mine) and other additional opportunities to mine tokens.
•   Thirdly, tokens and the ecosystem are based on a decentralized Ethereum blockchain, to which the members of the EurBit team have nothing to do with.
•   Fourth, only miners make final decisions on the development and expansion of the ecosystem. The team of the EurBit project does not make any key development decisions and it works only as a maintenance staff. In addition, the project team pre-selects the best projects from those who applied for joining to the ecosystem, and presents them to miners for review and evaluation. In the process of mining (emission) and the subsequent stage of safe crowdfunding only miners choose which of the presented projects they want to finance and accept into the ecosystem and which not.
•   Fifth, the beneficiaries from the emission of the EurBit tokens are only miners and their chosen startups joining the ecosystem. The EurBit project team has no material benefits from the emission of tokens and the work within the project.
•   Sixth, the EurBit project team cannot influence on the determination of the emission size. The miners themselves set the emission size depending on the ecosystem’s needs in tokens. The presence of internal and external rates of the token, the difference between them, the presence or absence of promising projects wishing to become part of the ecosystem are excellent self-regulators of emissions, which are capable of both to speed it up and to completely stop it.

Basically as decentralized as Ethereum cryptocurrency Huh

Quote from: WFMM on September 30, 2020, 12:12:44 PM

Quote from: ETFbitcoin on September 30, 2020, 11:46:08 AM

3. What kind of cryptography do you use to make anonymity possible?

You can take part in the mining (emission) of the EurBit tokens and immediately get 5% income only on the ecosystem’s main website (http://www.eurbit.money) in the investor / miner / user account. Anyone from any country can independently mine money that surpasses all cryptocurrencies and all fiat currencies in their consumer properties.
In doing so, you will not need to go through the KYC and AML procedures; you will not need to indicate your first name, last name, citizenship or any other personal data. Our token and its mining are completely anonymous. When registering, it will be enough to indicate only the public address of your over-the-counter ethereum wallet (it must support the ERC-20 standard). This address will be used both as a login from your investor’s account and as a wallet address to which we will send the EurBit tokens mined by you.

How it's related with cryptography?

For reference i'm talking about https://en.wikipedia.org/wiki/Cryptography#Modern_cryptography

There are many decentralized cryptocurrencies, but there are none that would be at the same time:
1) decentralized,
2) anonymous,
3) non-volatile,
4) have good backing, that is not related to fiat government money,
5) never fall,
6) and sometimes have the opportunity to grow.

Now the world will have that kind of money - the EurBit tokens. And this is the combination of qualities of the ideal money.
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There are two ways to achieve anonymity:

1) The first way is to ask your first name, last name, citizenship, address, passport number and other personal details. And then try to encrypt all this information using cryptography so that no one knows it.

2) The second way is just not to ask people for any personal information. Then there will be nothing to encrypt and no cryptography will be needed.

We have chosen the second way of ensuring anonymity, it seems to us that it is much more effective than the first one.