I am curious to hear the perspectives of other people who are potential investors in InnVenn/LOCI. What are the main factors that you have based your decisions on?

Are you going on to this as a proponent of the patent industry or are you week-versed in the bitcoin market and made a decision based off your calculations for return on your capitol investment?

I understand that the presale being delayed was not ideal and can be attributed to unforeseen circumstances and for the protection of everyone involved to have a finely tuned working product with no margin for errors after the fact.

InnCenn is a company that clearly holds themselves to a very high ethical standard of business practices, which impresses me a great deal. I was impressed before and wanted to hear what impressed others enough to believe in and invest in this product.

i AM A NEWBIE AS FAR AS THIS CRYPTOCURRENCY BUSINESS GOES. BEING SOMEWHAT FAMILIAR WITH BASIC ECONOMICS, CAN ANYONE HELP ME WITH AN ANSWER TO MY VERY ELEMENTARY QUESTION, WHICH IS;

WHAT ARE THE MAIN DRIVERS OF BITCOIN PRICE?

Hi Chase13.

Thank you for the info. Do you have any more details on what you mean by the Homestead release? Is that like a version of the application or software?

The BLOCKCHAIN subject matter is rather dense and pretty darn techie. I have yet to get a firm grasp on it, conceptually.

Feel free to chime in with your additional commentary or corrections, if necessary. So far the main points I have found to be of importance are as follows;

1. Transparency-data is embedded within the network as a whole, by definition it is public.

2. It cannot be corrupted altering any unit of information on the blockchain would mean using a huge amount of computing power to override the entire network.

3. Blockchain helps is to guarantee the validity of a transaction by recording it not only on a main register but a connected distributed system of registers,
   all of which are connected through a secure validation mechanism.

4. is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.

5. Information held on a blockchain exists as a shared — and continually reconciled — database

TO BE CONTINUED...............

 
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Thanks for the response. What exactly is a smart contract?

I am curious to know more about BLOCKCHAINS! Even the word itself has me intrigued. I have read several articles and I am still trying to wrap my head around it . What I am asking for, in simple terms, is a basic rundown of this new technology and why it’s considered revolutionary. I am also wondering why InnVenn is using the Ethereum blockchain over others? Thanks!