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Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️ - page 87. (Read 169023 times)

sr. member
Activity: 336
Merit: 250
I am so happy this is not just a crypto currency and not just reliant on people buying and selling coins.
alot of thick people in the world.
sr. member
Activity: 358
Merit: 250
what do i need to get a loan?
sr. member
Activity: 536
Merit: 251
how can i get a loan using custody bot?
sr. member
Activity: 381
Merit: 250
Can i recieve cryptocurrency or fiat loan from Goldmint?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

which data will be stored on graphene blockchain?

Details of the miner rotation, miners’ rewards and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn). Also stored on Graphene are all details related to GoldMInt’s GOLD transactions.

Tell us more about hedging risks?

Commercial producers and gold workers, like miners, jewelers, or the government, tended to use gold options, futures and ETF as hedging tools.

Today, a significant amount of investors like to use gold to hedge against inflation or to diversify their investments. In fact, gold became the one common investment  of all metals and has a legendary history as commodity and coin. Like other commodities, gold depends on micro and macro economical and political events, so its value fluctuates along with these. GoldMint not only helps you cushion the risk of this volatility but also gives you the option of taking a short position in physical gold bullion, coins or mining stocks.

Here are some reasons why investors choose GoldMint:

You can hedge your investment in gold using the GOLD token. Doing so protects your gold from bearish conditions. Investors can chose to convert just a portion of their assets or all of it with this GOLD cryptoasset
Investors may want to invest in a minimal amount of GOLD to assess whether or not they profit
GOLD is based on real physical gold and therefore possesses far more face-value credibility than other cryptocurrencies, including Bitcoin, have.
The gold market/ gld returns look promising. GoldMint helps investors hedge their risks and promises more for their investments.

How can I get a loan with a golden ring for example?

1. User  presses  the  Open  button.  The  tray  slides  out. The  user  places  a  product  in  it, which gets loaded into the box.                                                                                                                                       
2. The  product  put  into  the  Custody  Bot  machine  enters  the  spectral  analysis block. A  manipulator  forces the product onto scales where it is weighed  twice, once in air then  in liquid.   
3. Once  inspection  is  complete,  the  manipulator  returns  the  product  to  one  of  the compartments inside the Custody Bot. 
4. The  spectral  data  and  weighting  data  are  fed  into  a  computer  installed  inside  the  box. This measurement  data is encoded on the blockchain, made public to anyone who  wants to see the information.
5. You get a loan in GOLD currency.

With regards,
team GOLDMINT
sr. member
Activity: 378
Merit: 250
this is better than only fools and horses,, hilarious!!!
full member
Activity: 294
Merit: 100
How can I get a loan with a golden ring for example?
sr. member
Activity: 415
Merit: 250
Tell us more about hedging risks?
sr. member
Activity: 336
Merit: 250
which data will be stored on graphene blockchain?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

why is goldmint platform built on graphene?

The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively.

what are graphene’s advantages compared to ethereum and other blockchains?

Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.

what other projects run on graphene?

Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform.

With regards,
team GOLDMINT
full member
Activity: 378
Merit: 100
okay not too bad to look at the project on this thread of course in this case I still need to see more about goldmint how it would be great in the future.
legendary
Activity: 1330
Merit: 1001
why is goldmint platform built on graphene?

Your question you asked is already answered before. You can check the answer posted here: https://bitcointalksearch.org/topic/m.21688081
full member
Activity: 364
Merit: 100
what other projects run on graphene?
full member
Activity: 364
Merit: 100
what are graphene’s advantages compared to ethereum and other blockchains?
full member
Activity: 364
Merit: 100
why is goldmint platform built on graphene?
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Greetings!

Describe PoS and why you chose it? Thank you.

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.

how are the rewards for mining determined?

According to the amount of MNTs the miner has.

what happens if the miner doesn’t have enough computing power to verify a transaction?

The miner can buy more from from other miners on the network.

With regards,
team GOLDMINT
full member
Activity: 294
Merit: 100
Looking good. Got my eye in this. What will happen to the classic chain.
sr. member
Activity: 308
Merit: 250
what happens if the miner doesn’t have enough computing power to verify a transaction?
sr. member
Activity: 405
Merit: 250
how are the rewards for mining determined?
sr. member
Activity: 332
Merit: 250
Describe PoS and why you chose it? Thank you.
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