Topic: A project to help make Ethereum the number one cryptocurrency. - page 2. (Read 973 times)
November 10, 2020, 05:38:06 AM
It's a complete waste of time and energy hoping that a token or coin can help Ethereum when we perfectly understand that Ethereum is the best smart contract out there, what could other project gives to ethereum that ethereum never had? Now that eth 2.0 is coming ethereum will get even better than before, this project can survive without any other project
November 10, 2020, 05:15:35 AM
Ethereum don't need help from a project to become the number one cryptocurrency today, right from day one Ethereum have been doing what it was meant to do, it's the king of all altcoins and smart contract Platforms, ethereum is too strong and that's why many new smart contract projects can't over thrown ethereum today.
It has not always done what it was supposed to do, though,,, in fact from early on already the DAO concept did not work out, causing the split. And the very reason it is going to ETH 2.0 is because the original model proved that world supercomputer does not work as a concept without staking and sharding. Still,,, it is going in a right direction that cannot be denied!
The DAO is primarily the INTERMEDIARY in the DeFi system. Any intermediary wants to eat, and who feeds him? YOU! In addition, the intermediary may be wrong, and he is not responsible for your financial assets.
My project was just created to preserve financial assets and no one but you manages them.
November 10, 2020, 04:33:10 AM
Ethereum don't need help from a project to become the number one cryptocurrency today, right from day one Ethereum have been doing what it was meant to do, it's the king of all altcoins and smart contract Platforms, ethereum is too strong and that's why many new smart contract projects can't over thrown ethereum today.
It has not always done what it was supposed to do, though,,, in fact from early on already the DAO concept did not work out, causing the split. And the very reason it is going to ETH 2.0 is because the original model proved that world supercomputer does not work as a concept without staking and sharding. Still,,, it is going in a right direction that cannot be denied!
November 10, 2020, 01:27:44 AM
Ethereum don't need help from a project to become the number one cryptocurrency today, right from day one Ethereum have been doing what it was meant to do, it's the king of all altcoins and smart contract Platforms, ethereum is too strong and that's why many new smart contract projects can't over thrown ethereum today.
November 10, 2020, 01:25:23 AM
It is more profitable for the bank that you do not repay the loan at all, since the price of tokens will grow, constantly exceeding the borrowed funds by much.
Yes, that is, if the token price continues to grow, it will clearly benefit the bank a lot, but if the token price continues to fall, they will also experience losses indirectly even though those who borrow will also lose directly. November 09, 2020, 11:48:07 PM
Ethereum for me is the number one cryptocurrency, or the king of Altcoins,
imagine the number of Defi projects built on the Ethereum platform is already very lots,
and this certainly affects their network, and the effect is that GAS is so expensive,
but now it looks like they have handled it, and GAS being cheap, I believe Ethereum will always be number 1 for altcoins.
imagine the number of Defi projects built on the Ethereum platform is already very lots,
and this certainly affects their network, and the effect is that GAS is so expensive,
but now it looks like they have handled it, and GAS being cheap, I believe Ethereum will always be number 1 for altcoins.
September 10, 2020, 10:50:39 PM
I've seen many projects that arise in cryptocurrency and said they can surpass the value price together with its volume in the market, but all of them ended up into nothing but breaking up for what they've said about surpassing the value of Bitcoin, so in Ethereum, for now, it will always be next into Bitcoin and we don't know when will gonna happen that ETH can beat Bitcoin.
September 10, 2020, 06:51:39 PM
I wouldn't think too much about the reality of a crypto project or even want to emulate a Bitcoin project. I have seen many crypto concepts that are promising but not as easy as they might hope. especially if you are planning to develop a new project and have high confidence about volatility, in my opinion it is not possible.
The success of a project is determined by the quality of the code and the technical genius that they built into it and not hype and massive promotion claiming it to be the next big thing and if that is the situation you could pump for a bit but then it will dump heavily and the success of the project does not have anything to do with the volatility, but these excuses can be heard everywhere and it is simply because their code is not great and the same case with ETH and bitcoin 
September 09, 2020, 05:28:52 PM
What is meant here is to make Ethereum unaffected by volatility? If it is not volatile, then can you say the ETH price will be more stable? Isn't this going to be a stable coin?
In this case, ETH does not need to be separated from volatility because this is one way to profit from it. In addition, currently, ETH is the best altcoin and it is no longer necessary to pass BTC.
^ ETH now becomes worst to me, look at the speed and the transaction fee, all become low because there are many projects that tied up of this coin, ETH. I don't think if this is what they called the new ATH of ETH, even the speed and fees will never have an ATH too. But I still look forward to it and probably the founder and team on it will find ways and resolve this issue. Nevertheless, when it comes number one cryptocurrency is always bitcoin is on the top, no doubt on it.In this case, ETH does not need to be separated from volatility because this is one way to profit from it. In addition, currently, ETH is the best altcoin and it is no longer necessary to pass BTC.
isnt really that high.I dont know on what happened but if this would be the case then probably people will jump to other alts which had lesser fees and transaction time.
For bitcoin then theres no doubt that this one will always be on the top in spite of its flaws or cons.I dont see for any projects to drag ETH to be number one in the market.
September 09, 2020, 05:21:29 PM
What is meant here is to make Ethereum unaffected by volatility? If it is not volatile, then can you say the ETH price will be more stable? Isn't this going to be a stable coin?
In this case, ETH does not need to be separated from volatility because this is one way to profit from it. In addition, currently, ETH is the best altcoin and it is no longer necessary to pass BTC.
^ ETH now becomes worst to me, look at the speed and the transaction fee, all become low because there are many projects that tied up of this coin, ETH. I don't think if this is what they called the new ATH of ETH, even the speed and fees will never have an ATH too. But I still look forward to it and probably the founder and team on it will find ways and resolve this issue. Nevertheless, when it comes number one cryptocurrency is always bitcoin is on the top, no doubt on it. In this case, ETH does not need to be separated from volatility because this is one way to profit from it. In addition, currently, ETH is the best altcoin and it is no longer necessary to pass BTC.
September 09, 2020, 05:17:09 PM
Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.
Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been.
Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been.
I understand the point you are making, and I agree that investors and lenders in a way thrive from volatility, it is the bread and butter to making profit. Similarly, there will be no room for further discussion for any platform where security isn't in place - that must come as top priority.
Would ETH be able to rise against its predecessor BTC? Well, I think this depends on how well DeFi will do and how high smart contracts can take this. However, one possible roadblock to this is the huge fees... I think this is the grey area most people are concerned with regarding ETH
September 09, 2020, 02:34:18 PM
I wouldn't think too much about the reality of a crypto project or even want to emulate a Bitcoin project. I have seen many crypto concepts that are promising but not as easy as they might hope. especially if you are planning to develop a new project and have high confidence about volatility, in my opinion it is not possible.
September 09, 2020, 01:36:52 PM
Tokens will grow only in one case if it is profitable for the ETH owner to place his financial asset in a deposit, receiving these tokens for this, while they will be able to earn by connecting those who wish and selling these tokens. It is important that ETH-WORLD tokens always grow in value, so they can simply be stored without fear of devaluation. It should be noted that you do not send your ETH to anyone, it remains blocked on the address of your wallet connected to the smart contract and no one except you can receive it.
The token cannot continuously grow in price. Even the dollar is subject to inflation. What you are writing about is only an idea and has no real prototype. But I believe that there is a hidden error in your calculations that we do not notice. This is the conclusion I make based on the post I already published earlier: https://bitcointalksearch.org/topic/m.55161162
What is meant here is to make Ethereum unaffected by volatility? If it is not volatile, then can you say the ETH price will be more stable? Isn't this going to be a stable coin?
In this case, ETH does not need to be separated from volatility because this is one way to profit from it. In addition, currently, ETH is the best altcoin and it is no longer necessary to pass BTC.
In this case, ETH does not need to be separated from volatility because this is one way to profit from it. In addition, currently, ETH is the best altcoin and it is no longer necessary to pass BTC.
Here's an interesting take on how Ethereum will inevitably rise in value.
https://bankless.substack.com/p/why-pomp-is-wrong-about-eth?token=eyJ1c2VyX2lkIjo3OTc2MTA3LCJwb3N0X2lkIjo4NjYzMjEsIl8iOiI1K0xtaiIsImlhdCI6MTU5Nzk2MTYxNywiZXhwIjoxNTk3OTY1MjE3LCJpc3MiOiJwdWItMTYwMTUiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.mW0SoEeL8oaEP5v5ZiQ5IjtJdNZHUINTf32Rh9zIc1w
https://bankless.substack.com/p/why-pomp-is-wrong-about-eth?token=eyJ1c2VyX2lkIjo3OTc2MTA3LCJwb3N0X2lkIjo4NjYzMjEsIl8iOiI1K0xtaiIsImlhdCI6MTU5Nzk2MTYxNywiZXhwIjoxNTk3OTY1MjE3LCJpc3MiOiJwdWItMTYwMTUiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.mW0SoEeL8oaEP5v5ZiQ5IjtJdNZHUINTf32Rh9zIc1w
I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
Don't dare mate because ETH cannot beat Bitcoin no matter what( at least this is what i learn over the years)Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
if there is one coin that may take the position in future maybe this is not ethereum
Quote
In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
You have good intention( if you really mean these things) and i hope you'll find the right path to make this into succes.http://prosh.ru/smartcontract.html
But I'm sure this will take time before we see the good effect.
I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
First of all, this needs to be on service announcement or service discussion, not altcoin discussion.Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
And about the idea itself - I'm feeling controversial about it, because I highly doubt your point that the service helps the ethereum originally.
So you think @OP that lending the money in contracts or simply we say through ethereum will increase the number of people using it? And increase the demand and interest because of lending. I think it will increase the price as many people will come forward to take this opportunity who are in need and many people will be interested in using storage facility but why with you? They can store easily in cold wallet or some one can easily save in some old usb stick and save it!
TEX-LXRY
Quite right, you can store in your Ethereum wallet, but what will it give you? By storing your financial asset in the cryptobank depository (smart contract), the bank gives you its guarantees ETH-WORLD tokens equivalent to the value of Ethereum, which can only grow in price and which you can mortgage, the bank can give you a loan in the full amount of the value of your deposit. The bank issued Fiat not against ETH, but against ETH-WORLD tokens secured by the client's ETH. According to the terms, ETH-WORLD tokens can only grow in price, in other words, tokens have only positive volatility, unlike ETH. The more clients will be credited, the higher the cost of the pledged tokens. The cost of tokens is constantly growing with an increase in the deposit and, accordingly, the issued amount of the loan. Therefore, when clients settle with the bank, TEX-LXRY
the bank unblocks the client's ETH and the bank retains some of the tokens.
I think that for a coin to be number one, there is a huge work to do, for exemple : solving problems that "first coins" didn't (which is not appropriate in the case of Ethereum because of its blockchain congestion that happens from time to time)
Everything you say is correct, but this is a technical problem, it will sooner or later be solved. The main issue is the safety of investments in cryptocurrency that this project solves.15. The project is completely lacking any regulator. The main advantage of the project is that ETH owners manage their financial assets without sending them anywhere other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need ETH-WORLD tokens. With a high volatility of ETH in the market, it will be profitable to place it in the deposit of a smart contract, and the received ETH-WORLD coin, which always has only a growth that is not commensurate with the fall in the price of ETH, can be pledged thereby preserving the deposit assets. You can return (unlock) your assets at any time by sending ETH-WORLD tokens to the deposit addresses in the smart contract.
From now on, let's take a closer look, what does it mean they don't send to anyone, but to a smart contract? In DeFi, they send Ethereum to the contract, they receive stablecoin just like you do, what's the difference.
This is not in my project. You send your ETH to your account of your wallet connected to the smart contract, and it is blocked in the contract, in exchange, you receive 100% of the financial asset equivalent ETH-WORLD tokens, which, unlike DAI, has a programmed increase in value.
I think that for a coin to be number one, there is a huge work to do, for exemple : solving problems that "first coins" didn't (which is not appropriate in the case of Ethereum because of its blockchain congestion that happens from time to time)
Everything you say is correct, but this is a technical problem, it will sooner or later be solved. The main issue is the safety of investments in cryptocurrency that this project solves.15. The project is completely lacking any regulator. The main advantage of the project is that ETH owners manage their financial assets without sending them anywhere other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need ETH-WORLD tokens. With a high volatility of ETH in the market, it will be profitable to place it in the deposit of a smart contract, and the received ETH-WORLD coin, which always has only a growth that is not commensurate with the fall in the price of ETH, can be pledged thereby preserving the deposit assets. You can return (unlock) your assets at any time by sending ETH-WORLD tokens to the deposit addresses in the smart contract.
From now on, let's take a closer look, what does it mean they don't send to anyone, but to a smart contract? In DeFi, they send Ethereum to the contract, they receive stablecoin just like you do, what's the difference.
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