[ANN] Announcing ZED! - page 31. | Bitcointalksearch.org

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: Nadia_l on October 12, 2018, 01:42:25 AM

Quote from: Sivainvest on October 11, 2018, 06:18:36 AM

Quote from: Nadia_l on October 11, 2018, 03:15:49 AM

Quote from: Nadia_l on October 10, 2018, 08:29:37 AM

This is what is the key advantages of Stellar before the other blockchains, including Ethereum one!
Stellar is less expressive than Ethereum and due to the simplicity of its transaction model, more work could be done to improve the security of applications that do not require complicated smart contracts. Simply put, Stellar’s model of atomic multi-operation transactions leads to more auditable code, limits uncertainty, and decreases the risk of harm from bad actors who may exploit program vulnerabilities.

An additional security feature is that Stellar organizations have the option to choose which nodes can validate their transactions to ensure that malicious validators on the network can`t produce double-redeemed tokens.

So with the ZED Network built on the basis of Stellar we could get more benefits in the security aspects which is very important due to the increasing of vulnerabilities of smart contracts code of the ICO platforms built on the ETH network.
In comparison to ETH Network, Stellar has a simpler and more audible code of smart contracts and thus more secure while complicated programming capabilities in the ETH one produces less auditable code and greater risk of exploitable vulnerabilities.

security is the second important thing in international transactions. the first one is transaction cost and speed.

I`m still confident in the opinion that security questions are the main basis of every crypto start-up! And only when one can ensure and guarantee that its product or service is secured enough to the users it could gather possible investors around the project.

sure of course security is must. we need both security and usefulness of the product.

Nadia_l

sr. member

Activity: 826

Merit: 251

Quote from: Sivainvest on October 11, 2018, 06:18:36 AM

Quote from: Nadia_l on October 11, 2018, 03:15:49 AM

Quote from: Nadia_l on October 10, 2018, 08:29:37 AM

This is what is the key advantages of Stellar before the other blockchains, including Ethereum one!
Stellar is less expressive than Ethereum and due to the simplicity of its transaction model, more work could be done to improve the security of applications that do not require complicated smart contracts. Simply put, Stellar’s model of atomic multi-operation transactions leads to more auditable code, limits uncertainty, and decreases the risk of harm from bad actors who may exploit program vulnerabilities.

An additional security feature is that Stellar organizations have the option to choose which nodes can validate their transactions to ensure that malicious validators on the network can`t produce double-redeemed tokens.

So with the ZED Network built on the basis of Stellar we could get more benefits in the security aspects which is very important due to the increasing of vulnerabilities of smart contracts code of the ICO platforms built on the ETH network.
In comparison to ETH Network, Stellar has a simpler and more audible code of smart contracts and thus more secure while complicated programming capabilities in the ETH one produces less auditable code and greater risk of exploitable vulnerabilities.

security is the second important thing in international transactions. the first one is transaction cost and speed.

I`m still confident in the opinion that security questions are the main basis of every crypto start-up! And only when one can ensure and guarantee that its product or service is secured enough to the users it could gather possible investors around the project.

bitcoinnewsindo

full member

Activity: 364

Merit: 100

Quote from: Mrbee on October 10, 2018, 01:01:08 PM

Provided that the team will continue working just as hard, I don't think there's anything stopping ZED from becoming a top-10 currency during the course of the next year or so, I'm really excited about the prospects here.

Yes, indeed the team must work harder, I also think that in the future zed will be the top 10 in the world of cryptocurrency Wink

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: Nadia_l on October 11, 2018, 03:15:49 AM

Quote from: Nadia_l on October 10, 2018, 08:29:37 AM

This is what is the key advantages of Stellar before the other blockchains, including Ethereum one!
Stellar is less expressive than Ethereum and due to the simplicity of its transaction model, more work could be done to improve the security of applications that do not require complicated smart contracts. Simply put, Stellar’s model of atomic multi-operation transactions leads to more auditable code, limits uncertainty, and decreases the risk of harm from bad actors who may exploit program vulnerabilities.

An additional security feature is that Stellar organizations have the option to choose which nodes can validate their transactions to ensure that malicious validators on the network can`t produce double-redeemed tokens.

So with the ZED Network built on the basis of Stellar we could get more benefits in the security aspects which is very important due to the increasing of vulnerabilities of smart contracts code of the ICO platforms built on the ETH network.
In comparison to ETH Network, Stellar has a simpler and more audible code of smart contracts and thus more secure while complicated programming capabilities in the ETH one produces less auditable code and greater risk of exploitable vulnerabilities.

security is the second important thing in international transactions. the first one is transaction cost and speed.

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: Nadia_l on October 10, 2018, 05:34:06 PM

Quote from: kastara on October 10, 2018, 08:34:27 AM

Quote from: Sivainvest on October 10, 2018, 07:27:14 AM

Quote from: Nadia_l on October 09, 2018, 04:18:01 PM

Quote from: Sivainvest on October 09, 2018, 06:41:26 AM

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Constant transaction speed is another reason why ZED Network chooses Stellar as the core, instead of Ethereum.
Recent events have highlighted weaknesses of the ETH network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. As to ZED Network, their tokens doesn`t require execution of complicated smart contracts but reliable constant processing speed is more demanded for the project.

very good observation. such servise as international money transfers needs constant and fast transaction speed. Zed Network is giving that.

With the speed that ZED has, it can provide this platform as an excellent platform to be chosen as a medium to transfer money to many people so that the platform is increasingly recognized by having a good network in transferring money.

Stellar does not require any “gas” to execute programs and only requires a negligible transaction fee (.00001 XLM—a fraction of a fraction of a penny) while Ethereum transactions are becoming increasingly expensive. Even at the current median wait gas price, transactions at ETH network cost much more than in the Stellar one. And as to the processing time the median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum.

Than is one the reasonns why Zed Newtork choose Stellar blockchain. Transaction speed and price is the most important thing in this field.

Nadia_l

sr. member

Activity: 826

Merit: 251

Quote from: Nadia_l on October 10, 2018, 08:29:37 AM

This is what is the key advantages of Stellar before the other blockchains, including Ethereum one!
Stellar is less expressive than Ethereum and due to the simplicity of its transaction model, more work could be done to improve the security of applications that do not require complicated smart contracts. Simply put, Stellar’s model of atomic multi-operation transactions leads to more auditable code, limits uncertainty, and decreases the risk of harm from bad actors who may exploit program vulnerabilities.

An additional security feature is that Stellar organizations have the option to choose which nodes can validate their transactions to ensure that malicious validators on the network can`t produce double-redeemed tokens.

So with the ZED Network built on the basis of Stellar we could get more benefits in the security aspects which is very important due to the increasing of vulnerabilities of smart contracts code of the ICO platforms built on the ETH network.
In comparison to ETH Network, Stellar has a simpler and more audible code of smart contracts and thus more secure while complicated programming capabilities in the ETH one produces less auditable code and greater risk of exploitable vulnerabilities.

jimmydvd

full member

Activity: 490

Merit: 100

Quote from: Mrbee on October 10, 2018, 01:01:08 PM

Provided that the team will continue working just as hard, I don't think there's anything stopping ZED from becoming a top-10 currency during the course of the next year or so, I'm really excited about the prospects here.

Yes, this does not rule out the possibility that the ZED network will be a highly anticipated platform by users of overseas to domestic money transfer services such as foreign workers working outside their countries who want to send their wages to relatives in a country different from the sender may be a ZED network to be their alternative to sending their money.

Nadia_l

sr. member

Activity: 826

Merit: 251

Quote from: kastara on October 10, 2018, 08:34:27 AM

Quote from: Sivainvest on October 10, 2018, 07:27:14 AM

Quote from: Nadia_l on October 09, 2018, 04:18:01 PM

Quote from: Sivainvest on October 09, 2018, 06:41:26 AM

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Constant transaction speed is another reason why ZED Network chooses Stellar as the core, instead of Ethereum.
Recent events have highlighted weaknesses of the ETH network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. As to ZED Network, their tokens doesn`t require execution of complicated smart contracts but reliable constant processing speed is more demanded for the project.

very good observation. such servise as international money transfers needs constant and fast transaction speed. Zed Network is giving that.

With the speed that ZED has, it can provide this platform as an excellent platform to be chosen as a medium to transfer money to many people so that the platform is increasingly recognized by having a good network in transferring money.

Stellar does not require any “gas” to execute programs and only requires a negligible transaction fee (.00001 XLM—a fraction of a fraction of a penny) while Ethereum transactions are becoming increasingly expensive. Even at the current median wait gas price, transactions at ETH network cost much more than in the Stellar one. And as to the processing time the median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum.

Mrbee

full member

Activity: 454

Merit: 100

Provided that the team will continue working just as hard, I don't think there's anything stopping ZED from becoming a top-10 currency during the course of the next year or so, I'm really excited about the prospects here.

kastara

full member

Activity: 560

Merit: 100

Quote from: Sivainvest on October 10, 2018, 07:27:14 AM

Quote from: Nadia_l on October 09, 2018, 04:18:01 PM

Quote from: Sivainvest on October 09, 2018, 06:41:26 AM

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Constant transaction speed is another reason why ZED Network chooses Stellar as the core, instead of Ethereum.
Recent events have highlighted weaknesses of the ETH network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. As to ZED Network, their tokens doesn`t require execution of complicated smart contracts but reliable constant processing speed is more demanded for the project.

very good observation. such servise as international money transfers needs constant and fast transaction speed. Zed Network is giving that.

With the speed that ZED has, it can provide this platform as an excellent platform to be chosen as a medium to transfer money to many people so that the platform is increasingly recognized by having a good network in transferring money.

Nadia_l

sr. member

Activity: 826

Merit: 251

This is what is the key advantages of Stellar before the other blockchains, including Ethereum one!
Stellar is less expressive than Ethereum and due to the simplicity of its transaction model, more work could be done to improve the security of applications that do not require complicated smart contracts. Simply put, Stellar’s model of atomic multi-operation transactions leads to more auditable code, limits uncertainty, and decreases the risk of harm from bad actors who may exploit program vulnerabilities.

An additional security feature is that Stellar organizations have the option to choose which nodes can validate their transactions to ensure that malicious validators on the network can`t produce double-redeemed tokens.

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: Nadia_l on October 09, 2018, 04:18:01 PM

Quote from: Sivainvest on October 09, 2018, 06:41:26 AM

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Constant transaction speed is another reason why ZED Network chooses Stellar as the core, instead of Ethereum.
Recent events have highlighted weaknesses of the ETH network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. As to ZED Network, their tokens doesn`t require execution of complicated smart contracts but reliable constant processing speed is more demanded for the project.

very good observation. such servise as international money transfers needs constant and fast transaction speed. Zed Network is giving that.

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: jimmydvd on October 10, 2018, 04:39:05 AM

Quote from: Sivainvest on October 09, 2018, 11:39:13 AM

I think citizens of many developing countries who work abroad could be interested in ZED service. They will pay less commissions to send money home.

You are right, especially the ZED network provides money transfer services that are very cheap fast and have high security so this will be an option for many people who work outside to transfer their money to relatives or their families in different countries.

the world is becoming more and more global. we travel much more than our parents, grandparents etc. and we need a service to send money to other countries without much fee.

jimmydvd

full member

Activity: 490

Merit: 100

Quote from: Sivainvest on October 09, 2018, 11:39:13 AM

I think citizens of many developing countries who work abroad could be interested in ZED service. They will pay less commissions to send money home.

You are right, especially the ZED network provides money transfer services that are very cheap fast and have high security so this will be an option for many people who work outside to transfer their money to relatives or their families in different countries.

jimmydvd

full member

Activity: 490

Merit: 100

Quote from: Nadia_l on October 09, 2018, 04:18:01 PM

Quote from: Sivainvest on October 09, 2018, 06:41:26 AM

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Constant transaction speed is another reason why ZED Network chooses Stellar as the core, instead of Ethereum.
Recent events have highlighted weaknesses of the ETH network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. As to ZED Network, their tokens doesn`t require execution of complicated smart contracts but reliable constant processing speed is more demanded for the project.

By having these advantages and speed in the transaction process, this will be a benchmark for many people who want to make transactions or transfer their money so that in the future this is a successful platform in sending money and conducting financial transactions

Nadia_l

sr. member

Activity: 826

Merit: 251

Quote from: Sivainvest on October 09, 2018, 06:41:26 AM

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Constant transaction speed is another reason why ZED Network chooses Stellar as the core, instead of Ethereum.
Recent events have highlighted weaknesses of the ETH network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. As to ZED Network, their tokens doesn`t require execution of complicated smart contracts but reliable constant processing speed is more demanded for the project.

Sivainvest

jr. member

Activity: 378

Merit: 6

I think citizens of many developing countries who work abroad could be interested in ZED service. They will pay less commissions to send money home.

kastara

full member

Activity: 560

Merit: 100

Quote from: Sivainvest on October 09, 2018, 06:40:01 AM

Quote from: kastara on October 09, 2018, 04:43:36 AM

Quote from: Sivainvest on October 08, 2018, 09:35:13 AM

Quote from: jimmydvd on October 07, 2018, 11:41:07 PM

the most interesting thing about the ZED platform is that the ZED network is built around the world and validators will be carried out by community people outside the ZED platform

they already have two partnerships with MTOs from Canada and Vietnam. with these companies Zed test their product before spreading it everywhere.

Very good news so that the ZED network can be accepted by many countries and many people so that it is easy to send money and transact in making transfers and doing easily and quickly without ignoring the security of this platform.

yes that is the idea. international money transfers should become accessable for anyone in every country with Zed Network.

yes this will be a very global network so that the ZED network can make transactions to every country there will bring the ZED platform to be interested.

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: jimmydvd on October 07, 2018, 06:58:57 AM

Quote from: alendel0n7 on October 07, 2018, 04:43:46 AM

In the case of ZED, optimism is justified. After all, he is supported by a great idea and a team that inspires confidence.

you are right especially ZED will be very necessary for us to transfer because it has speed and ZED will also be present in several countries that have developed cyptocurrency this is very great.

transaction speed is very important. with exist services you should wait 24-72 hour for transfer. with ZED it will be 3-5 seconds.

Sivainvest

jr. member

Activity: 378

Merit: 6

Quote from: kastara on October 09, 2018, 04:43:36 AM

Quote from: Sivainvest on October 08, 2018, 09:35:13 AM

Quote from: jimmydvd on October 07, 2018, 11:41:07 PM

the most interesting thing about the ZED platform is that the ZED network is built around the world and validators will be carried out by community people outside the ZED platform

they already have two partnerships with MTOs from Canada and Vietnam. with these companies Zed test their product before spreading it everywhere.

Very good news so that the ZED network can be accepted by many countries and many people so that it is easy to send money and transact in making transfers and doing easily and quickly without ignoring the security of this platform.

yes that is the idea. international money transfers should become accessable for anyone in every country with Zed Network.

Topic: [ANN] Announcing ZED! - page 31. (Read 9400 times)