[ANN] [ICO] Decentralend Peer to Peer Lending Platform - page 15.

eviltamer

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Quote from: mynamehere on March 28, 2018, 10:01:46 AM

Quote from: Sovietaced on March 28, 2018, 10:00:48 AM

The developers say that now the most important resource for them is time. Each stage will be separately described in detail as soon as the time comes

I believe that this is the right policy. While they are writing white paper, you can make efforts to implement other branches of the project, while more important

And I think that white paper is the basis of the project. These are the obligations that the project team entrusts to the participants.

mynamehere

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Quote from: Sovietaced on March 28, 2018, 10:00:48 AM

The developers say that now the most important resource for them is time. Each stage will be separately described in detail as soon as the time comes

I believe that this is the right policy. While they are writing white paper, you can make efforts to implement other branches of the project, while more important

Sovietaced

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The developers say that now the most important resource for them is time. Each stage will be separately described in detail as soon as the time comes

mynamehere

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Quote from: imginy on March 28, 2018, 09:46:07 AM

Have you seen the white paper of the project? Did not you think that this is the ideal white paper for any project, and a role model?

Well, by the way, yes, I read their white paper and understood, as it seemed to me, everything that the developers wanted to convey to me. Respect the authors of white paper

eviltamer

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Quote from: Sovietaced on March 28, 2018, 09:47:22 AM

Quote from: imginy on March 28, 2018, 09:46:07 AM

Have you seen the white paper of the project? Did not you think that this is the ideal white paper for any project, and a role model?

And what is so special about it? She's just short, that's all. From your words, I have a feeling that the developers have committed great heroism and have included in their white paper their open source

That's it! It is short, or rather, laconic. Brevity is the soul of wit. I believe that shoving an open source into white paper is far from heroism

Sovietaced

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Quote from: imginy on March 28, 2018, 09:46:07 AM

Have you seen the white paper of the project? Did not you think that this is the ideal white paper for any project, and a role model?

And what is so special about it? She's just short, that's all. From your words, I have a feeling that the developers have committed great heroism and have included in their white paper their open source

imginy

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Have you seen the white paper of the project? Did not you think that this is the ideal white paper for any project, and a role model?

Haywhy1

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firstly when they introduce this to me from a friend,i thought as much how long the project pay on, but right now is one of the hottest project in crypto world

ModusPwnd

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Quote from: EccLipSe on March 28, 2018, 06:06:48 AM

Quote from: ModusPwnd on March 28, 2018, 06:05:32 AM

Quote from: EccLipSe on March 28, 2018, 06:03:56 AM

Quote from: ModusPwnd on March 28, 2018, 06:01:43 AM

Quote from: EccLipSe on March 28, 2018, 05:58:57 AM

Quote from: ModusPwnd on March 28, 2018, 05:54:44 AM

Quote from: EccLipSe on March 28, 2018, 05:53:52 AM

Quote from: ModusPwnd on March 28, 2018, 05:52:37 AM

Quote from: EccLipSe on March 28, 2018, 05:50:29 AM

Since it is the creditor who will pay its debt on the loan? I do not really understand this moment yet.

The lender determines the daily interest, which will be multiplied by the duration of the loan. This percentage and the amount will be paid to the lender for a certain time.

But in fact, in this situation, it turns out that the term of payment is absolutely unlimited,

But that's exactly what this platform is about, you know. This is one of the most important advantages of this system, which the team speaks about.

Hmm... This is really an interesting decision, I think it will be very popular.
But I still do not understand what guarantees it. that the entire amount will be returned by the lender.

The project team states that the escrow system will ensure the return of borrowed funds back to the lender. But I do not understand this area and I can not say exactly how this will work.

Well, everything sounds logical enough. I roughly understand how this will work.
So the main purpose of loans is what? Why do users need this?

This is primarily true for traders. It is for this purpose that the entire credit system is built. For trading on the inner court.

That is, the team will also present an internal exchange for trading crypto-currencies? Which will be loyal to work together with this platform of lending, I understand correctly?

Yes, that's right. This is how it will work. Wink

EccLipSe