Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 58. (Read 9885 times)
January 16, 2019, 11:19:11 AM
Exactly, including this forum, we all save all that personal information we can recover
January 16, 2019, 11:17:56 AM
Today, our personal data, passwords and financial information are all largely stored on other people’s computers – in clouds and servers owned by companies like Amazon, Facebook or Google.
As we all know, this is very common nowadays
As we all know, this is very common nowadays
January 16, 2019, 11:16:11 AM
Before, we can understand what is the ethereum we have to understand the internet as well
January 16, 2019, 11:15:00 AM
In terms of the Grabity project, we know the are using ethereum.. But what is ethereum?
January 16, 2019, 11:01:45 AM
The idea can be applied to any need for a trustworthy system of record.
And thats how pretty much work
And thats how pretty much work
January 16, 2019, 11:00:33 AM
For past years INTERNET was developed very fast. As a result of globalization the use of INTERNET is rapidly grown. So in future there will be an amazing world with the INTERNET. But now we have an idea about that future. That is this GRABITY project. As they said this will be the new paradigm of INTERNET. So let's make a big bond between INTERNET and SOCIAL. 
January 16, 2019, 11:00:18 AM
Authentication and authorization, vital to digital transactions, are established as a result of the configuration of blockchain technology.
January 16, 2019, 10:58:18 AM
Everyone from governments to IT firms to banks is seeking to build this transaction layer.
January 16, 2019, 10:43:28 AM
In fact, the idea that cryptographic keys and shared ledgers can incentivize users to secure and formalize digital relationships has imaginations running wild. 
January 16, 2019, 10:42:10 AM
In these days the blockchain technology is often described as the backbone for a transaction layer for the Internet, the foundation of the Internet of Value.
January 16, 2019, 10:40:43 AM
But if we go with that thought of line we can determine that today, entrepreneurs in industries around the world have woken up to the implications of this development – unimagined, new and powerful digital relationshionships are possible.
January 16, 2019, 10:39:11 AM
Authentication and authorization supplied in this way allow for interactions in the digital world without relying on (expensive) trust.
January 16, 2019, 10:26:23 AM
Continue with the main topic, authorizing transactions is a result of the entire network applying the rules upon which it was designed (the blockchain’s protocol).
January 16, 2019, 10:23:31 AM
Also with this distributed network must be committed to the transaction network’s "recordkeeping" and security.
January 16, 2019, 10:22:24 AM
A distributed network reduces the risk of centralized corruption or failure. 
Remember it reduces, doesn't mean it will go away all of the sudden
Remember it reduces, doesn't mean it will go away all of the sudden
January 16, 2019, 10:21:21 AM
Now, with the authorization part, this is what we have:
Authorization – having enough money, broadcasting the correct transaction type, etc – needs a distributed, peer-to-peer network as a starting point.
Authorization – having enough money, broadcasting the correct transaction type, etc – needs a distributed, peer-to-peer network as a starting point.
January 16, 2019, 10:17:03 AM
However, within this process authentication is not enough. 
January 16, 2019, 10:04:48 AM
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January 16, 2019, 10:02:59 AM
Also we can see how it spares a person from having to share more personal information than they would need to for an exchange, leaving them exposed to hackers.
January 16, 2019, 09:55:57 AM
Possession of a private key is ownership.
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