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Showing 9 of 9 results by digdig
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Topic
Board Altcoin Discussion
What is Raiblocks? Should you invest in Raiblocks?
by
digdig
on 27/01/2018, 11:29:26 UTC
Unlike most digital coins that use the traditional blockchain database, RaiBlocks uses a new data structure, Block-lattice. While the blockchain consists of a series of individual blocks, each RaiBlocks account owns a blockchain.

The only account that can make a transaction to the blockchain of an account is the account itself.

To send the money away, the sender needs to execute a send command in the Blockchain of the sender's account and, of course, the receiver will also execute a corresponding receiver command also in the receiver's own Blockchain, the transaction is transmitted through As long as the validator does not detect the conflict, the transaction performed for the correct purpose is successfully validated. This is also why RaiBlocks are fast.

The RaiBlocks Network includes wallets and authentication nodes. For a purse to be able to carry out transactions, it must send the order to an authentic note. This authentication node will be responsible for validating the transaction, and will then forward the next authentication node to the connection. Each authentication node performs a validate-and-relay process until the entire RaiBlocks network receives the transaction.

An authentication node monitors the status of the entire network by storing the blockchains of each individual RaiBlock address. Conflict occurs when a transmission transaction does not match another authentication node. In order to handle this conflict, the authentication node initiates the "Vote" process of other nodes, which takes place over a specified period of time, the number of "votes" that a node equals the number of RaiBlocks it has. Possession plus the number of RaiBlocks entrusted from the other accounts. When pending status reaches 133,248,289 / 2 "Vote" (133,248,289 is the total number of XRBs present), the status will automatically switch to accept.

RaiBlocks networks do not provide "rewards" for this validation operation. To minimize the garbage requirements, an account needs to perform a "POW" - job evidence to supplement the account holder's transaction request into the account's own blockchain.
Post
Topic
Board Altcoin Discussion
Re: ICO Cube intelligence project evaluation
by
digdig
on 27/01/2018, 11:13:24 UTC
Also you should be interested in ICO Wepower.
Wepower is a feasible project that meets today's large energy needs in a number of countries where dry energy is becoming increasingly exhausted due to the increasing population and global warming. to the environment, forcing governments to take practical action to choose sustainable alternative energy solutions.

The Wepower project has a good business strategy, where consumers ultimately buy cheap energy because they do not have to pay for intermediaries. In addition, the backing from the government should be very high compared to projects that are not government-backed.
Post
Topic
Board Bitcoin Discussion
Re: Vietnam has a large number of participants in the MLM Lending model
by
digdig
on 23/01/2018, 13:01:21 UTC
Do you think people in your country are less knowledgeable about Lending? Seeing all the players make a lot of money and play with them. It is very easy to make mistakes and can lose everything. So you should advise them if you know.
Post
Topic
Board Altcoin Discussion
The collapse of BitConnect is a warning for multi-level Lending models
by
digdig
on 21/01/2018, 10:13:36 UTC
Bitconnect was launched in November 2016, becoming one of the most successful ICOs in history with a value increase more than 3,000 times in a year. From the starting price of the ICO is $ 0.12, by the end of 2017, BitCon has reached a record level of nearly $ 400 per coin.
Unlike Bitcoin or other cryptocurrency, BitCon is not meant to solve existing problems, nor does it have breakthrough technologies. Bitconnect was created to help investors make money through a form of block lending called the Lending Platform and Multi-Level MLM on the blockchain platform.
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Topic
Board Bitcoin Discussion
Smart contract
by
digdig
on 21/01/2018, 10:02:22 UTC
Smart contracts - Blockchain-based asset transfer software is also vulnerable. In 2016, hackers have stolen at least $ 50 million from DAO.

Prior to all these incidents, Richard Ma, co-founder of Quantstamp saw an opportunity. In March 2018, Quantstamp will be releasing a tool to automatically detect bugs in smart contracts.

According to WinterGreen, the software, hardware and blockchain market could grow to $ 355 billion in the context of a digitized digital economy, with banks and financial institutions being completely restructured.
Post
Topic
Board Bitcoin Discussion
"Betting" on the ICO can lose all, Bitcoin bottoming out $ 11,685
by
digdig
on 17/01/2018, 12:27:39 UTC
ICO is a form of capital call that is similar to an initial public offering (IPO). Other than that, instead of receiving a share, the investor will receive token.
Risks associated with ICO activities have raised concerns among many countries. In 2017, China issued an ICO ban and closed its domestic electronic money exchange. More recently, the Korean Attorney General proposed a bill banning all electronic money transactions.
Post
Topic
Board Bitcoin Discussion
Bitconnect stops for "lending", coin prices reduce shock
by
digdig
on 17/01/2018, 12:17:40 UTC
Bitconnect is one of the most popular codecs in the world today, also known as Lending (MLM) and MLM (Multi-level Marketing) platforms.

However, according to a statement this morning, Bitconnect officially stopped lending activities and temporarily closed its internal trading floor. Bitconnect also said it would withdraw its crypto from Coinmarketcap.

According to the announcement on Bitconnect's home page, all investor money will be returned in the form of a Bitconnect copper at a conversion price of $ 363.6 / Bitconnect (average price over the last 15 days).
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and pollution
by
digdig
on 14/01/2018, 05:43:55 UTC
What do you think about the facts about bitcoin and pollution? can this disadvantage repel future investors? are there any solutions for this problem?

I do not understand why you use the word pollution here. I think it must be replaced with word spread and influence. By BTC is not harmful, if we play properly stop right. I think so.
Post
Topic
Board Beginners & Help
Re: Block chain?
by
digdig
on 12/01/2018, 15:15:55 UTC
Blockchain is a very new technology. I explain to you is sure to be long and hard. I think you should find information online for full and accurate updates.