Do we really need more anonymous coins? I think there are enough already. Anon is played out. I'll pass.
its ok, feeless and instant have no value to you? you might want to remove your head from the sand...
Not to mention the first network which will allow all of this, combined with file sharing, instant transfers of any currency, full U.S. legal compliance and incorporation in the future, etc etc..
Whoa, hold on there. I'm not trying to FUD, just asking questions. Instant transfers of any currency and full U.S. legal compliance? Full compliance with FINCEN regulations in all 50 states is an incredibly costly and time consuming process. Where is the funding to make this happen coming from? And what do you mean by instant transfers of any currency? Any fiat currency? How can you achieve this without reworking the legacy banking system? A token with a pegged value such as BIT-USD or NuBits, or an IOU like in Ripple, are a couple of ways to kinda do this but not exactly. Do you have something else in mind?
1. Yes, you are right. FinCEN regulation compliance is extremely expensive. Those issues will be settled once we begin to dive into the forming of Radon as a corporate entity. Something similar to the rounds of funding that coinbase has had would suffice, but those are still plans yet to come.
2. Transfers of any currency will fall into two categories:
a) Cryptocurrency transfers: Instant transfers of cryptocurrencies will occur using conventional blockchain technologies, new Radon chain technologies, as well as methods such as sidechain pegs and decentralized assets.
b) Fiat transfers: Instant transfers of fiat currencies will occur at first using token-like technologies and smart contracts, but will evolve into a PayPal/Banking like infrastructure once full incorporation and compliance is met.
One of the main goals of the Radon project is to merge the best of both worlds. We intend to become a platform that will resemble a combination of everything good about bitcoin and everything good about PayPal systems. No fees to transfer, no headaches, no waiting, etc..
These are still only some of the plans. We intend to become a fully fledged player in the technology and financial sector once some of these things are said and done. We're talking a time scale of a couple of years, but within those couple of years, there will be a lot of growth in the system.
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