Re: [ANN] Project Freedom - a peer to peer trading and mining application
in a later post, i proposed Bitcoin is not decentralized at all because it relies on centralized exchanges.
I suppose you would agree. Apparently, from what I am seeing, Bitcoin is also centralized more and more
because mining depends on centralized pools. More and more I see this as a weakness, and that decentralization
cannot only lower costs, but it can also lower security risks.
I suppose you would agree. Apparently, from what I am seeing, Bitcoin is also centralized more and more
because mining depends on centralized pools. More and more I see this as a weakness, and that decentralization
cannot only lower costs, but it can also lower security risks.
Hello TechieCFO ! These are exactly our thoughts. The whole centralization problem gets slowly out of hand. Just look at ghash.io. They offered for a small period of time a higher mining reward in the litecoin network. That was enough to convince a high percentage of the litecoin miners.. With a steady rise in their hashing power, an attack on the network becomes more and more likely.
I have long been interested in trading of BTC on a forward basis; this is a game-changing development towards that goal! 
I am the first donor.
I am the first donor.
Thank you ! Please don't forget to give us your email, if you want to participate in our beta program.
It is all words and pictures. Why would i trust a newbie like you?
Hello Blueangel, ofcourse it's just words and pictures for now. That's the reason why it's called an announcement. No need to trust us, we are not begging for anything. Please consider this thread the way it is meant to be: as an announcement. Just sit back and let us do our work, we hope to surprise you in april.
There is so many points wrong, but first of all. Whole consept is more open for scam than any.
As you told us, you can manipulate trading fees.
So, you can take all coins out and we know even less about you, than we know cryptsy, gox btc-e etc..
You may be dreamers, or just a few scammers, but I can see you don't actually understand even basics about crypto currencies.
As you told us, you can manipulate trading fees.
So, you can take all coins out and we know even less about you, than we know cryptsy, gox btc-e etc..
You may be dreamers, or just a few scammers, but I can see you don't actually understand even basics about crypto currencies.
Our main goal is to enable trustless trading among different blockchains. But we understand your concern. We will discuss options to enhance trust in the software without releasing source code immediatly. However, if no one is willing to participate in our beta to help us to release a stable and secure client, then we might just drop the source to the public. There is still plenty of time for discussion and we are not concerned about a deadline. In the end, we all work on this project in our free time.
Peter