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Topic: [CBT] CommerceBlock Decentralised Financial Infrastructure - page 16. (Read 18552 times)

member
Activity: 154
Merit: 10
he token sale is very fast. I did not make an ICO investment because I realized late. The only thing I can do right now is to take it from Etherdelta.
jr. member
Activity: 54
Merit: 10
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

So why not just use ERC20? the issuer can still control the smart contract.

Is it because ERC20 doesn't provide the same privacy functionality as BIP175 can?

This is another advantage, privacy is a challenge in Ethereum in general since it's account based with no confidentiality at all.
CommerceBlock sidechains offer better privacy in several aspects, one is confidential transfers where the amount and asset type is blinded, second is the ability to embed external data into addresses in private manner using BIP175.
jr. member
Activity: 54
Merit: 10
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

So why not just use ERC20? the issuer can still control the smart contract.


There are several advantages for issuing tokens on public sidechain vs ERC20 in many use cases.
1. Flexibility and control: in some markets there is heavy regulation and compliance required (AML/KYC), the ability to control the sidechain in certain conditions is mandatory by regulators.
2. Efficiency: sidechain fees model is flexible, owners can use their own native token or bitcoin or CBT as a "gas", the fees are set to make it competitive, and since this POS based rather POW, it's much cost effective.
3. Interoperability: CommerceBlock sidechains will be interoperable with bitcoin and ethereum blockchain (CBT token)
member
Activity: 308
Merit: 11
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

So why not just use ERC20? the issuer can still control the smart contract.

Is it because ERC20 doesn't provide the same privacy functionality as BIP175 can?
newbie
Activity: 6
Merit: 0
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

So why not just use ERC20? the issuer can still control the smart contract.
full member
Activity: 347
Merit: 109
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy

We are thinking a like Smiley
member
Activity: 72
Merit: 10
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

I think the sidechains can be private if required by the customers. They can create tokens on it and have more control over everything this way. The customers would pay in CBT for the services (sidechains, smart contracts etc)
This is my understanding. Please correct me if wrong Cheesy
full member
Activity: 347
Merit: 109
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?

Asset issuance.  Will have paper our of of them to show case what we are doing with some clients.
newbie
Activity: 6
Merit: 0
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

What is the usage of these sidechains?
jr. member
Activity: 54
Merit: 10
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?

I Believe CBTs will be rewards for assisting the networlk in general. Securing sidechains, performing smart contracts etc.
Correct?

Correct, CBTs will be rewards/fees for various services, managing the sidechains which includes global network availability, securing with specialized hardware, on top of these sidechains will provide services and smart contracts functionality that are payable in CBTs.

Looking forward to getting stuck in!
Any idea when these things will be implemented?
Would love to see an updated roadmap Cheesy



We will be focusing on sidechains for most of 2018, we are planning to have first network by end Q2, after that we will be working on adding the advanced services on top.
We are working on updating website and the information, we will release a new one in the upcoming weeks.
full member
Activity: 347
Merit: 109
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?

I Believe CBTs will be rewards for assisting the networlk in general. Securing sidechains, performing smart contracts etc.
Correct?

Our roadmap is modelled around clients.  More value in tech when its in use...

Correct, CBTs will be rewards/fees for various services, managing the sidechains which includes global network availability, securing with specialized hardware, on top of these sidechains will provide services and smart contracts functionality that are payable in CBTs.

Looking forward to getting stuck in!
Any idea when these things will be implemented?
Would love to see an updated roadmap Cheesy


full member
Activity: 347
Merit: 109
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

Hi I think my question above was missed Smiley

-So do you need specialised hardware to join a federation and be paid in CBTs?  If so is it mining hardware or normal servers?

Would like to know because I have a SHA-256 miner!

No, it would be more like POS
member
Activity: 308
Merit: 11
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.

Hi I think my question above was missed Smiley

-So do you need specialised hardware to join a federation and be paid in CBTs?  If so is it mining hardware or normal servers?

Would like to know because I have a SHA-256 miner!
member
Activity: 72
Merit: 10
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?

I Believe CBTs will be rewards for assisting the networlk in general. Securing sidechains, performing smart contracts etc.
Correct?

Correct, CBTs will be rewards/fees for various services, managing the sidechains which includes global network availability, securing with specialized hardware, on top of these sidechains will provide services and smart contracts functionality that are payable in CBTs.

Looking forward to getting stuck in!
Any idea when these things will be implemented?
Would love to see an updated roadmap Cheesy

jr. member
Activity: 54
Merit: 10
What is the usage of CBT? what kind of services?

We offer variety of services for businesses, from managing public sidechains and all the orchestration to trading and commerce tools on top of these sidechains, CBT is the token used to pay for these services.
jr. member
Activity: 54
Merit: 10
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?

I Believe CBTs will be rewards for assisting the networlk in general. Securing sidechains, performing smart contracts etc.
Correct?

Correct, CBTs will be rewards/fees for various services, managing the sidechains which includes global network availability, securing with specialized hardware, on top of these sidechains will provide services and smart contracts functionality that are payable in CBTs.
member
Activity: 308
Merit: 11
So do you need specialised hardware to join a federation and be paid in CBTs?  If so is it mining hardware or normal servers?
member
Activity: 72
Merit: 10
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?

I Believe CBTs will be rewards for assisting the networlk in general. Securing sidechains, performing smart contracts etc.
Correct?
full member
Activity: 347
Merit: 109
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?

Its more about joining the federation.
member
Activity: 308
Merit: 11
Volume is increasing on EtherDelta by the day. I'm not selling yet though lol Tongue
This is a long term hodl imo.

Just needs some kind of passive income.  Grin

From what I understand you will have that opportunity by running a sidechain that gets paid in CBTs.

If my understanding is right?
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