A project to help make Ethereum the number one cryptocurrency. - page 3.

AIF

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Quote from: VictorProsh on August 15, 2020, 07:50:50 AM

Quote from: AIF on August 15, 2020, 12:02:27 AM

Quote from: VictorProsh on August 09, 2020, 10:14:17 PM

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

Cryptocurrency loan solution has been working in DeFi for a long time why is your project better than it?

The DeFi developers, in my opinion, made the wrong emphasis in terms of priorities for the formation of financial assets. Ethereum in DeFi projects is an indirect asset serving for the production of stabilizers on the basis of which their entire system is built, in other words, the derivative coins with which they clog the blockchain network are of greater value than Ethereum itself, if I am wrong to object. In my project, Ethereum is the main financial asset, and ETH-WORLD tokens are its financial equivalent, which has the only indisputable property of insurance and protection against financial losses of Ethereum owners and has a property better than Bitcoin, it cannot be devalued.

Are you saying your ETH-WORLD tokens are better than bitcoin? You are just a dreamer, where did you get it?

VictorProsh

jr. member

Activity: 475

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я открыт

Quote from: AIF on August 15, 2020, 12:02:27 AM

Quote from: VictorProsh on August 09, 2020, 10:14:17 PM

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

Cryptocurrency loan solution has been working in DeFi for a long time why is your project better than it?

The DeFi developers, in my opinion, made the wrong emphasis in terms of priorities for the formation of financial assets. Ethereum in DeFi projects is an indirect asset serving for the production of stabilizers on the basis of which their entire system is built, in other words, the derivative coins with which they clog the blockchain network are of greater value than Ethereum itself, if I am wrong to object. In my project, Ethereum is the main financial asset, and ETH-WORLD tokens are its financial equivalent, which has the only indisputable property of insurance and protection against financial losses of Ethereum owners and has a property better than Bitcoin, it cannot be devalued.

AIF

newbie

Activity: 66

Merit: 0

Quote from: VictorProsh on August 09, 2020, 10:14:17 PM

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

Cryptocurrency loan solution has been working in DeFi for a long time why is your project better than it?

TEX-LXRY

copper member

Activity: 110

Merit: 2

Total Exchange (TEX) and Luxury Ledger (LXRY)

Quote from: ?? on ??

Quote from: TEX-LXRY on August 13, 2020, 10:56:46 AM

Quote from: ?? on ??

Quote from: TEX-LXRY on August 13, 2020, 05:02:27 AM

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,

the bank unblocks the client's ETH and the bank retains some of the tokens.

So this implies that if a person deposits its ETH then that person will not lose the money in ethereum but in return the person can actually earn money depending on the amount(x) of users are coming to (The solution) you giving?

TEX-LXRY

Yes, but that's not the point. I advise you to read the project so that you can understand its essence.
Retelling it will take up a lot of space.
This platform allows you not only to place your deposits while maintaining and increasing your assets, but also to earn money by helping those who want to connect to the smart contract by receiving ETH for this or by selling ETH-WORLD tokens to those who want to open their own deposit.

I will give it a read. Is the link secure?

TEX-LXRY

TEX-LXRY

copper member

Activity: 110

Merit: 2

Total Exchange (TEX) and Luxury Ledger (LXRY)

Quote from: ?? on ??

Quote from: TEX-LXRY on August 13, 2020, 05:02:27 AM

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,

the bank unblocks the client's ETH and the bank retains some of the tokens.

So this implies that if a person deposits its ETH then that person will not lose the money in ethereum but in return the person can actually earn money depending on the amount(x) of users are coming to (The solution) you giving?

TEX-LXRY

TEX-LXRY

copper member

Activity: 110

Merit: 2

Total Exchange (TEX) and Luxury Ledger (LXRY)

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

VictorProsh

jr. member

Activity: 475

Merit: 2

я открыт

Quote from: Kehindem on August 12, 2020, 05:30:30 PM

Dont really understand things here, is it your project will help ethereum thrive, or you want to gain idea that can help your project?

and from the write up in the project, you said people safe and get their asset back without of lossing such asset. So let me say you are you trying to create crypto bank, so is their any means of interest on asset keep

You are absolutely right, I was the one who suggested the creation of a cryptobank. Unlike known solutions, this bank does not have a single management. Everyone who has connected to it becomes its co-owner and manager within the limits of their authorized capital (deposit) and can earn money by connecting those who want to become the same co-owners.

VictorProsh

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Activity: 475

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я открыт

Quote from: Shallow on August 12, 2020, 04:49:23 PM

I love the fact that you are defending your project while welcoming critics to know where you are found wanting and where you need to improve. However, I want to point out an impression and that is, Bitcoin has occupied that position by not depending on any other crypto, rather it's features and trust kept it there. Now, I do not also think that any crypto can make Ethereum massive enough to beat Bitcoin. Before, many projects has leveraged the Ethereum blockchain yet it maintained its position wherein some later moved to different blockchains. So, I think you should focus more on enhancing your idea and thus your project.

Thank you very much for your feedback, you are absolutely right, I started this discussion precisely in order to help me and myself who follow it to understand many issues related to the safety of investments in crypto currency. But what is strange is that all the comments on the project are directed only to the fact that they primarily need unbridled volatility, but no one understands in connection with what it can become manageable and predictable. Now with regard to Bitcoin, you are claiming that it has taken its position independent of another cryptocurrency, yes it is, and who controls it? The owners of the controlling stakes may collapse tomorrow and sell them, and what will happen to the market? This can't happen in my project. If you read carefully, you will understand that Ethereum has financial protection for ETH-WORLD tokens, while Bitcoin does not. My project is universal for any financial system, including Bitcoin, in which you can create a depository through a smart contract.

VictorProsh

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Activity: 475

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я открыт

Quote from: xZork on August 12, 2020, 02:53:49 PM

Quote from: nutriagrigia on August 11, 2020, 09:01:33 AM

Quote from: xZork on August 11, 2020, 08:33:22 AM

Basically the best thing about the crypto market is that it is always volatile, if the market is not volatile we can hardly make money from it.
Besides, Bitcoin is the king of the crypto market and it is very difficult for any coin to surpass it, and all the currencies in the market must depend on bitcoin.
So I think a project of a coin that is not volatile, and that could make ETH number one is not viable.

too high volatility in the cryptocurrency market is also not very good. few people can correctly take advantage of this volatility. in most cases, people lose their money

Of course, not everyone can make money when the market is volatile. Only those who truly love and understand the market can earn when the market changes.
At the moment the cryptocurrency market is where people invest and make a profit so when the market changes it's time for people to make money.

You are absolutely right, only then do people make or lose money when the market is in a fever. It is for this that I proposed my idea, which allows not to be afraid of such a situation. If you and not only you, but also many others have placed your financial assets in the deposit of a smart contract, you are not afraid of a market collapse, read the draft there it is described.
http://prosh.info/smart_eng.html

VictorProsh

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Activity: 475

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я открыт

Quote from: kindbtc on August 12, 2020, 12:40:54 PM

Seems like a Russian project and personally i do not great experiences in the past with many Russian based projects but i do not believe much that it depends on location. Anyways if it supports the ethereum network i will support it and i do see a lot defi data and upgradation or liquidity based new projects which is also very encouraging and depicts the big future ahead for eth, defi and crypto overall.

Thank you for your support, in turn, your critical comments on the project would be interesting, perhaps this would motivate you and others to understand the features of the project.
http://prosh.info/smart_eng.html

VictorProsh

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Activity: 475

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я открыт

Quote from: havoc928 on August 12, 2020, 07:02:37 AM

Quote from: Rengga Jati on August 11, 2020, 01:05:06 PM

Quote from: VictorProsh on August 09, 2020, 10:14:17 PM

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.

I have no idea to make it realized. BTC will be always number one in cryptocurrency. And ETH is the number one of altcoins. that is what I think. I am also still confused about the meaning of "controlled volatility". Does it mean that the crypto will not be volatile again or it will be controllable?
Well, I don't think it may work well in the crypto world. Because one of the main characters of crypto is about its volatility. If it is about the controlled rate or volatility, it may belong to the stable coin.
But, this is an interesting topic to discuss.

You're right. In my opinion, I think there will be no coin can beat the dominant of BTC. ETH will always be the number one altcoins for sure! As I can see, there is no way for ETH to beat BTC right now. Besides, how can we control the volatility of the market? It's the natural of the cryptocurrency market, we can earn money from this market is because of the volatility. In other way, if you talk about controllable volatility, who will be benefited? The controller or the participants?

Ethereum itself will always be volatile to one degree or another depending on the market demand, but ETH-WORLD tokens can only grow in price, that is, have only positive volatility and under no circumstances can be reset to zero, and if this is so, then in Ethereum will bring big business that can surpass the capitalization of BTC.

VictorProsh

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Activity: 475

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я открыт

Quote from: nutriagrigia on August 11, 2020, 09:01:33 AM

Quote from: xZork on August 11, 2020, 08:33:22 AM

Basically the best thing about the crypto market is that it is always volatile, if the market is not volatile we can hardly make money from it.
Besides, Bitcoin is the king of the crypto market and it is very difficult for any coin to surpass it, and all the currencies in the market must depend on bitcoin.
So I think a project of a coin that is not volatile, and that could make ETH number one is not viable.

too high volatility in the cryptocurrency market is also not very good. few people can correctly take advantage of this volatility. in most cases, people lose their money

You are absolutely right, unlimited volatility is needed only for traders and speculators (in a good way) to make a profit. As for keeping your financial assets in cryptocurrency and not in a bank account, you need stability and predictability that no one will steal or block your hard-earned funds. My project implements this idea.

Kehindem

jr. member

Activity: 199

Merit: 1

Dont really understand things here, is it your project will help ethereum thrive, or you want to gain idea that can help your project?

and from the write up in the project, you said people safe and get their asset back without of lossing such asset. So let me say you are you trying to create crypto bank, so is their any means of interest on asset keep

Shallow

sr. member

Activity: 938

Merit: 255

SmartFi - EARN, LEND & TRADE

I love the fact that you are defending your project while welcoming critics to know where you are found wanting and where you need to improve. However, I want to point out an impression and that is, Bitcoin has occupied that position by not depending on any other crypto, rather it's features and trust kept it there. Now, I do not also think that any crypto can make Ethereum massive enough to beat Bitcoin. Before, many projects has leveraged the Ethereum blockchain yet it maintained its position wherein some later moved to different blockchains. So, I think you should focus more on enhancing your idea and thus your project.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: xZork on August 12, 2020, 02:53:49 PM

Quote from: nutriagrigia on August 11, 2020, 09:01:33 AM

Quote from: xZork on August 11, 2020, 08:33:22 AM

Basically the best thing about the crypto market is that it is always volatile, if the market is not volatile we can hardly make money from it.
Besides, Bitcoin is the king of the crypto market and it is very difficult for any coin to surpass it, and all the currencies in the market must depend on bitcoin.
So I think a project of a coin that is not volatile, and that could make ETH number one is not viable.

too high volatility in the cryptocurrency market is also not very good. few people can correctly take advantage of this volatility. in most cases, people lose their money

Of course, not everyone can make money when the market is volatile. Only those who truly love and understand the market can earn when the market changes.
At the moment the cryptocurrency market is where people invest and make a profit so when the market changes it's time for people to make money.

Every movements around this market there's corresponding effects.

Not everyone is entitled to earn inside this venue of investment, only those who fully recognized opportunities will.
In regards to ETH the developing team are working and it;s reflects from how people continue investing to this coin.

xZork

hero member

Activity: 1249

Merit: 506

Quote from: nutriagrigia on August 11, 2020, 09:01:33 AM

Quote from: xZork on August 11, 2020, 08:33:22 AM

Basically the best thing about the crypto market is that it is always volatile, if the market is not volatile we can hardly make money from it.
Besides, Bitcoin is the king of the crypto market and it is very difficult for any coin to surpass it, and all the currencies in the market must depend on bitcoin.
So I think a project of a coin that is not volatile, and that could make ETH number one is not viable.

too high volatility in the cryptocurrency market is also not very good. few people can correctly take advantage of this volatility. in most cases, people lose their money

Of course, not everyone can make money when the market is volatile. Only those who truly love and understand the market can earn when the market changes.
At the moment the cryptocurrency market is where people invest and make a profit so when the market changes it's time for people to make money.

kindbtc

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Seems like a Russian project and personally i do not great experiences in the past with many Russian based projects but i do not believe much that it depends on location. Anyways if it supports the ethereum network i will support it and i do see a lot defi data and upgradation or liquidity based new projects which is also very encouraging and depicts the big future ahead for eth, defi and crypto overall.

havoc928

full member

Activity: 379

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Decentralized Ascending Auctions on Blockchain

Quote from: Rengga Jati on August 11, 2020, 01:05:06 PM

Quote from: VictorProsh on August 09, 2020, 10:14:17 PM

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.

I have no idea to make it realized. BTC will be always number one in cryptocurrency. And ETH is the number one of altcoins. that is what I think. I am also still confused about the meaning of "controlled volatility". Does it mean that the crypto will not be volatile again or it will be controllable?
Well, I don't think it may work well in the crypto world. Because one of the main characters of crypto is about its volatility. If it is about the controlled rate or volatility, it may belong to the stable coin.
But, this is an interesting topic to discuss.

You're right. In my opinion, I think there will be no coin can beat the dominant of BTC. ETH will always be the number one altcoins for sure! As I can see, there is no way for ETH to beat BTC right now. Besides, how can we control the volatility of the market? It's the natural of the cryptocurrency market, we can earn money from this market is because of the volatility. In other way, if you talk about controllable volatility, who will be benefited? The controller or the participants?

Rengga Jati

hero member

Activity: 1932

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Quote from: VictorProsh on August 09, 2020, 10:14:17 PM

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.

I have no idea to make it realized. BTC will be always number one in cryptocurrency. And ETH is the number one of altcoins. that is what I think. I am also still confused about the meaning of "controlled volatility". Does it mean that the crypto will not be volatile again or it will be controllable?
Well, I don't think it may work well in the crypto world. Because one of the main characters of crypto is about its volatility. If it is about the controlled rate or volatility, it may belong to the stable coin.
But, this is an interesting topic to discuss.

10BTCaDay

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Activity: 770

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Oikos.cash | Decentralized Finance on Tron

Quote from: hrunya102 on August 11, 2020, 09:04:24 AM

Low transaction fees, that's what can help Ethereum become number one, I'm already afraid to use it.

this can only happen with the successful launch of ETH 2.0 but there is no guarantee that the project team will actually be able to implement what they are talking about

Topic: A project to help make Ethereum the number one cryptocurrency. - page 3. (Read 917 times)