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Topic: [ANN] Ties.DB FIRST DECENTRALIZED PUBLIC SMART DATABASE - page 95. (Read 39338 times)

sr. member
Activity: 308
Merit: 250
I like your exciting description of the project, I'll wait for the news!
Btw, how will you distribute TIES tokens?
sr. member
Activity: 381
Merit: 250
This network will be moderated? This is very important, you must not allow chaos!
sr. member
Activity: 770
Merit: 250
Great idea, guys! Smiley

Thank you for the trust!

Many new coin projects are popping up this month but many fail to develop well in the market, hopefully this project can be successful and can compete in the market


We will not disappoint you! Stay tuned to our social channels for more news.
You are welcome to join live support Telegram channel by clicking the below link:
https://t.me/tiesnetwork
full member
Activity: 132
Merit: 100
Many new coin projects are popping up this month but many fail to develop well in the market, hopefully this project can be successful and can compete in the market
full member
Activity: 140
Merit: 100
Great idea, guys! Smiley
sr. member
Activity: 770
Merit: 250
Can TiesDB work on any blockchain?

Hello!

While TiesDB currently only works on Ethereum, we are aiming at matching all platforms as they appear.

With regards,
Ties.Network community
sr. member
Activity: 336
Merit: 250
Can TiesDB work on any blockchain?
sr. member
Activity: 770
Merit: 250
What about chat and chat security in your network?Can I trust?



In Ties.Network, a chat using end-to-end encryption, such as BitMessage, will be implemented, to connect network users.




Can I mine TIE using ASIC? If not, how can I earn money on the coin?

Greeting!

The reward for extraction indirectly incentivizes storage of data but does so only for popular and often requested data. To encourage long-term data storage, especially if data are rarely requested, some sort of data storage incentive is needed.
This piece on Ethereum Swarm describes the system of rewards for storage. Nodes enter into a data storage contract with the information owner for a period of time. The storage can be paid at the time of data storage (update) or after a certain period of time provided that the data is actually stored. In the event of a loss of data is detected during the duration of the contract, the node may be penalized, as each node requires an initial registration with a security deposit.
When you store data, the node returns a receipt that proves that it has accepted the file for storage. This receipt then allows you to check the storage situation of the associated data and, if necessary, to initiate a legal smart contract to penalize the offending node.
Since data is not static, a record with the same key can be rewritten several times. This means that not only can the original record correspond to the presented receipt, but a record with the same key that is newer to the timestamp can also correspond.
When the user initiates a data deletion operation, instead of physically deleting data, the data is replaced with a special "zero" record. The record can be physically deleted after expiration of its storage contract.

Best regards,
Ties community

What are revenue sources for nodes?

Ties DB gains its revenue from the following sources:
Storing content on the node server
Retrieving content from the node server

When the user places the content in the database on the node server, he or she pays the node's service fee for storing and processing content. The system does not only motivate node owners to utilize the process, but also prevents attackers from littering the database. Later the platform refunds user expenses in case users show no signs of malicious activity and there is no collusion between the participant and the node (for further information see further “Self-organization and motivation”). User costs for storage as well as for content retrieval come from the platform budget.
full member
Activity: 364
Merit: 100
Can I mine TIE using ASIC? If not, how can I earn money on the coin?

Greeting!

The reward for extraction indirectly incentivizes storage of data but does so only for popular and often requested data. To encourage long-term data storage, especially if data are rarely requested, some sort of data storage incentive is needed.
This piece on Ethereum Swarm describes the system of rewards for storage. Nodes enter into a data storage contract with the information owner for a period of time. The storage can be paid at the time of data storage (update) or after a certain period of time provided that the data is actually stored. In the event of a loss of data is detected during the duration of the contract, the node may be penalized, as each node requires an initial registration with a security deposit.
When you store data, the node returns a receipt that proves that it has accepted the file for storage. This receipt then allows you to check the storage situation of the associated data and, if necessary, to initiate a legal smart contract to penalize the offending node.
Since data is not static, a record with the same key can be rewritten several times. This means that not only can the original record correspond to the presented receipt, but a record with the same key that is newer to the timestamp can also correspond.
When the user initiates a data deletion operation, instead of physically deleting data, the data is replaced with a special "zero" record. The record can be physically deleted after expiration of its storage contract.

Best regards,
Ties community

What are revenue sources for nodes?
sr. member
Activity: 321
Merit: 250
What about chat and chat security in your network?Can I trust?

sr. member
Activity: 770
Merit: 250
_______________________________________________________________

How Do You Trust Your Business Partners With Smart Contracts?
_______________________________________________________________



Business and fraud are often intertwined, two sides of the same coin. Accountants may commit miniscule mathematical errors, leading to embezzlement. Operations managers may skim off funds to pay for costs illegally. And, business partners may turn on each other.

_______________________________________________________________

Fraud Amongst Partners Example.
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A famous case involving Chicago real estate development company, Joseph Freed & Associates, suffered partner fraud by the majority owner. Laurence Freed, 50% shareholder in the venture owning the development business, ultimately made the call to divert money from partnership bank accounts, without the knowledge of his partners.

A slew of other fraudulent activities occurred at the company, ultimately leading to the indictment of Mr. Freed. These include pledging the same collateral to two separate financial institutions, and abusing a tax financing system in the city of Chicago.

This is merely a real world example with significant notoriety. Countless other ways exist, in which one partner can commit fraud against other partners. Blockchain technology provides the most straight-forward of solutions: Smart contracts. Ties.Network is the vehicle for smart contracts to bloom.

_______________________________________________________________

Smart Contracts
_______________________________________________________________

Unfortunately, these business dealings occurred in the mid-2000s — a time when more secure contracts did not exist. Prior to the dawn of blockchain, businesses were required to simply sign a contract and trust the other parties. Trust can easily be broken; thus, the concept of smart contracts arose. Nowadays, businesses may engage in both traditional and smart contracts.

There are plenty of business-related scenarios, from which to choose. But let’s focus on an example many people experience during their lifetime: Purchasing a house. Now, here’s how Ties.Network steps in.

A husband and wife put in a bid for a house, and it’s accepted. At that point, they create a smart contract on Ties.Network, bringing the seller on board, as well. The two parties set the terms and conditions of the contract. Then, the seller provides a wallet, and they agree upon a time by which the cryptocurrency will be sent. If the couple sends the funds before the specified time, it will execute an immediate transfer of the deed from seller to buyer. However, if the buyer does not send the funds on time, the contract will remain unverified, and the deed remains in the seller’s hands. This is otherwise known as an automated contract.

While this is a relatively simple example, let’s look at smart contracts in the context of Joseph Freed & Associates. Most obvious, is the use of a smart contract with both banks offering the company a loan. The first bank would have the collateral locked into a contract, which immediately stops it from use in a separate loan. Because it’s already been registered on the blockchain, it’s impossible to use an asset twice.

If Joseph Freed & Associates had created smart contracts with the Ties.Network, they would have completely avoided the headache that Laurence Freed created. Ties.Network is an innovative community in which blockchain professionals may connect, and work together on a platform built on trust.

_______________________________________________________________

Ties.Network
_______________________________________________________________

An Ethereum-based platform for the crypto community, Ties.Network, allows one to quickly find skilled professionals worldwide. Users strike deals via smart contracts. A user can create both projects and teams, and conduct an ICO’s due diligence, thanks to an expert community.

Smart contracts on Ties.Network can have one of three purposes. First is the ability to outsource jobs. Conduct a search on the platform for a certain type of contractor, based on your needs. These needs can range from legal help, to website copy, and programmers. Once you connect with a contractor with whom you’d like to work, you will agree upon terms and conditions, that will be executed and regulated by a smart contract.

Second, is with teammates, contractual, or temporary work, whereby project details and terms are regulated by a smart contract. If you already have a business and you’d like to move your clients from paper contracts to regular ones, you can create contracts for a specified group of people. Ties.Network gives you the ability to pay team members via a wallet.

Last, is the ability to garner feedback from experts. Because the platform vets all transactions, any illegitimate or questionable data is immediately rejected. Each expert’s background is based on real business deals with smart contracts, which, of course, are written on a blockchain. Therefore, all skill sets are verified in a real world manner — rather than LinkedIn’s skillsets, whereby any user can endorse a particular skill. Ties.Network allows experts to speak freely about various issues on the network. While the platform allows you to choose your degree of anonymity, all advice is valid given said verification.

_______________________________________________________________

Real Life Applications
_______________________________________________________________

Let’s say you’re a cryptocurrency hardware wallet store located in Los Angeles, and your supplier is located in South Korea. Without a smart contract, you’d have to place a ton of trust in your supplier. So, ask your supplier to set up a profile on Ties.Network. They will input information such as name, date of birth, current occupation, contact information, and more. From there, you and the other party will set the terms of the smart contract on Ties.Network. No more, “Yes, the shipment was sent!” Only to find out that was an utter lie.

Alternatively, it can be extremely expensive to hire an in-house writer. The benefits alone can eat you alive, thus making outsourcing the best option. But, one of the most frustrating things about the blockchain sector is the lack of talent. Since it’s such a new technology, there are few experts…and many of them live in very different areas of the world. With Ties.Network you can easily filter contractors, to find the perfect writer — no matter where they are located. And, if you’d rather just wait until writers find your project, you can upload all pertinent details and sit back. Once you find the right one, you can negotiate project terms, and a smart contract will regulate it through completion.

In the world of art, purchasing a piece halfway across the world can be downright terrifying. Fine art costs a pretty penny, and you’re putting a lot of trust into a stranger once you’ve purchased it. Rather than biting your fingers bloody, opt to set up a smart contract with the buyer on Ties.Network. In this case, you’d enter terms of the deal, such as the price, method of delivery, and required documentation. Once everything has been completed on all parties’ ends, the money releases to the seller. Art fraud no more.

These are just a few of the many real world examples you would encounter in everyday life. Smart contracts aren’t just for blockchain related companies — they’re for everyone who is seeking more security in their business dealings. Blindly trusting all parties is no longer innate to a business contract.

_______________________________________________________________

Conclusion
_______________________________________________________________

Smart contracts are a digital extension of the paper contracts of old. They provide an exceedingly secure method to conduct business. The issue of fraud becomes moot with the implementation of smart contracts, no matter the industry, project, or company. Ties.Network is the vehicle that truly allows users of all kinds to secure their contracts. It’s an easy “yes!”

sr. member
Activity: 770
Merit: 250
is there any comission for your services?



Hello!

Ties.Network platform does not take a commission from money received from goods or services, nor does it take a share of any project. Instead, Ties.Network imposes taxes and commissions on services to repay moderators and maintain its service.


Best regards,
Ties.Network community

Ok! And when will you get to big exchanges?

Greetings !

After the token-sale campaign is completed and the token is traded on the exchange, its value will be determined by the market ratio of supply and demand. What exchanges exactly we can tell you after our Token Generation Event

With regards,
Ties.Network community
full member
Activity: 364
Merit: 100
the website shows 'current rate'. Will the price change from 1250TIE/ETH or is this just for USD fluctuation?

The price will be 0.24 USD / TIE and actual rate to ETH will be determined immediately before the Token Sale.

Have you guys followed SEC regulation by filing the proper paperwork (or are you planning to be non-US?) So far I haven't found a single ICO that has.
Also do you feel that China will fully investigate and approve your case before the ICO begins? As mentioned in the first half of my post most ICOs don't really go anywhere which is why they are working towards regulating them.

We're not required to file with SEC since TIE token is merely utility one (according to famous Howey test). And the contemplated TGE will be non-us. That will be explicitly set forth in the TGE docs.

Allright, I'm in!
sr. member
Activity: 770
Merit: 250
It is recommended to replace the ICO into a drop or bounty activity, ICO project is now too dangerous

Hello!

Thank you! We will take your note. Also our Token Token Generation Eventon 21 september.
Also you can read news, announcements, etc here https://blog.ties.network/ the blog is where you find the most accurate (and fastest) information, news, and so on.

Best regards,
Ties.Network community
member
Activity: 91
Merit: 10
It is recommended to replace the ICO into a drop or bounty activity, ICO project is now too dangerous
full member
Activity: 364
Merit: 100
is there any comission for your services?



Hello!

Ties.Network platform does not take a commission from money received from goods or services, nor does it take a share of any project. Instead, Ties.Network imposes taxes and commissions on services to repay moderators and maintain its service.


Best regards,
Ties.Network community

Ok! And when will you get to big exchanges?
sr. member
Activity: 770
Merit: 250
the website shows 'current rate'. Will the price change from 1250TIE/ETH or is this just for USD fluctuation?

The price will be 0.24 USD / TIE and actual rate to ETH will be determined immediately before the Token Sale.

Have you guys followed SEC regulation by filing the proper paperwork (or are you planning to be non-US?) So far I haven't found a single ICO that has.
Also do you feel that China will fully investigate and approve your case before the ICO begins? As mentioned in the first half of my post most ICOs don't really go anywhere which is why they are working towards regulating them.

We're not required to file with SEC since TIE token is merely utility one (according to famous Howey test). And the contemplated TGE will be non-us. That will be explicitly set forth in the TGE docs.
sr. member
Activity: 420
Merit: 250
Is there a roadmap of Ties.Network?
Where can I read it?
sr. member
Activity: 770
Merit: 250
is there any comission for your services?



Hello!

Ties.Network platform does not take a commission from money received from goods or services, nor does it take a share of any project. Instead, Ties.Network imposes taxes and commissions on services to repay moderators and maintain its service.


Best regards,
Ties.Network community
sr. member
Activity: 578
Merit: 250
I see that the mobile application is already preparing. What about a PC? Will it work through the browser/app?

Greetings!

Yes, It wiil work thruogth the browser, like TOR, for example.
Users who want anonymity can benefit from additional connectivity to the nodes where some of the nodes are published as TOR Hidden Service and access to them is only achieved through TOR.
Access to the platform is provided via a mobile client (Android, iOS, and Windows Phone) as well as desktop versions for the platform for all main operating systems (Windows, MacOS, and Linux).

Best regards,
Ties.Network community


Thank you! I will follow this project for sure.
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