Four key features you should know are: Decentralized Systems Distributed ledger Safer & Secure Ecosystem Minting Later on, I will be putting up more advanced questions on Blockchain and its applications. Until then, have some fun with some cryptocurrency. BlockchainBitcoinCryptocurrencyMiningBitcoin Mining
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BoardAnnouncements (Altcoins)
Re: [ANN] Caganu Platform
by
Ty13rDerden
on 18/06/2018, 03:12:59 UTC
Other features of Blockchain I don't know about?
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BoardAnnouncements (Altcoins)
Re: [ANN] Caganu Platform
by
Ty13rDerden
on 18/06/2018, 02:48:29 UTC
Why use Blockchain?
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BoardAnnouncements (Altcoins)
Re: [ANN] Caganu Platform
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Ty13rDerden
on 18/06/2018, 02:32:13 UTC
What Real life scenarios/ application can the blockchain technology be applied?
Can you offer exceptional customer service options? Offering great customer service is an important asset in a virtual world, and a great way to differentiate yourself. Can your customers call you if they have a question? Are you utilizing one of the chat services to have someone always available to answer customer questions?
Does the token increase in value the more it is used?
Issuing tokens just to issue tokens doesnt create value. Tokens that are used for specific, actionable tasks should increase in value over time. Note that sub-units of tokens can be used.
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BoardAnnouncements (Altcoins)
Re: [ANN] Caganu Platform
by
Ty13rDerden
on 09/06/2018, 03:00:01 UTC
Whats the relationship between online browsing and in-store purchases?
What are some of the digital assets blockchain can protect besides bitcoin?
As a technology, blockchain is used for both protection and exchange of various cryptocurrencies and other valuables, such as documents or agreements, intellectual property or land ownership rights, domain names, SSL certificates, etc. The list of possibilities is endless, and many new projects nowadays aim to power assets protection with blockchain. For instance, with the help of Ethereum Blockchain, you can easily create tokens, which can act as the companys or applications specific assets, e.g. the loyalty point.
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BoardAnnouncements (Altcoins)
Re: [ANN] Caganu Platform
by
Ty13rDerden
on 09/06/2018, 02:33:09 UTC
How would you describe blockchain to someone with no technical background?
As the market around blockchain continues to grow, a range of different distributed ledger technologies is becoming available for enterprise users to apply blockchain. When looking at your options, it is important to note that certain protocols are suited to certain use cases, and time-to-value can be accelerated by leveraging existing networks that already exist.
Is the protocol open sourced and openly governed?
Simply posting code on an open developer site is not enough there needs to be a governing body which maintains the code in line with enterprise needs. The Linux Foundations Hyperledger Project exemplifies what it means to openly govern an openly sourced code base, allowing any organization or contributor to submit suggestions, updates, and policies. Hyperledger openly validates the inputs through the Technical Steering Committee to ensure innovations are supported which harden blockchain for business.
Who will be a part of the network?
Participants can include business partners, application providers, regulators or even competitors.
What use case will drive transactions on the network?
The use case may also necessitate the use of a trusted public network when dictated by a business need. Two prime examples of this are for trusted identity and universal payments. For instance, a distributed ledger like Stellar enables transfer of cross-border payments, enabling universal settlement of assets.