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Showing 6 of 6 results by lucasarab
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Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
lucasarab
on 03/01/2018, 12:35:00 UTC
I saw some news about lightning network recently, is this relevant to this project?
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
lucasarab
on 01/01/2018, 20:30:41 UTC
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

So why not just use ERC20? the issuer can still control the smart contract.

Is it because ERC20 doesn't provide the same privacy functionality as BIP175 can?

This is another advantage, privacy is a challenge in Ethereum in general since it's account based with no confidentiality at all.
CommerceBlock sidechains offer better privacy in several aspects, one is confidential transfers where the amount and asset type is blinded, second is the ability to embed external data into addresses in private manner using BIP175.

What is BIP175?
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
lucasarab
on 01/01/2018, 19:28:36 UTC
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

So why not just use ERC20? the issuer can still control the smart contract.
Post
Topic
Board Bitcoin Discussion
Re: When do we expect Lightning Network to come out?
by
lucasarab
on 01/01/2018, 11:24:30 UTC
I saw a tweet about someone doing beta testing on the mainnet, the service was provided by bitrefill.
https://twitter.com/alexbosworth/status/946175898029395968
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
lucasarab
on 01/01/2018, 11:17:15 UTC
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
lucasarab
on 28/12/2017, 09:45:07 UTC
What is the usage of CBT? what kind of services?