Topic: 🔥�� [MAINNET] [UPX] uPlexa ⚡� Anonymity and eCommerce via IoT - page 5. (Read 51057 times)

I remember hearing once that BTC was a "draft", more like some kind of "experiment", to throw the basis of what blockchain & crypto could be. In that case it was probably not supposed to be used all over the world for many different purposes.

Back to UPX... @whotheff you mention game consoles / usb / divers IoT mining devices, how are they "use cases"? Mining a cryptocurrency is what makes its network alive and what allows transactions to happen, but I wouldn't consider it a use case, even if you could mine using many different devices, in an innovative way as uPlexa can do...

@Dimitryi as mentioned, uPlexa HAS a value, already. It is currently pretty low, which means, as Cappex mentioned, if you want to buy a $1000 iPhone (why would anyone want to do that anyway?.. but it's a whole other topic) you need to spend a bit more than 6M UPX. That does sound "huge", but let's not forget that we are used to fiat-thinking since our birth. it's just a number, in itself it means nothing, it's just linked to the "converted value" you can convert it to (aka the useless sect-like overpriced iPhone example).

@whotheff I don't really agree with you concerning the "big businesses don't need existing coins, they can build their own"... if/when uPlexa reaches a marketcap/converted fiat price that means something for those "big businesses", they'll be more than happy to add UPX payment as an option, without even being requested by the Team. I'm not sure the central banks had to pay some kind of "fee" to ask them to add dolalr, euro and so on.... and I'm not sure VISA & MASTERCARD had to pay them a fee to allow consumers to use their cards for online payment. I think it's even the opposite

Overall it's mostly a question of adoption... that's why I found the ETN idea not as dumb as some would claim (I mean their "fake phone miner"). Because this little app allowed them to reach more than 200k users already, people who have at least a few coins in their wallets, and who would probably be ready to use them to pay for goods or services.

All this ecosystem still has a long way to go, but I'm sure this will evolve into mass adoption (as soon as governments find an easy way to add a nice layer of taxes on this, I'm sure mass adoption will be able to begin...)

Heh, we might all be thinking likewise (mass adoption to come), or we wouldn't be interested in cryptocurrencies, right?

The thing is... I think it'll probably take a LONG time still, as this market is still technically a newborn, adopters need to consider that they're still very early adopters, and they need to think long-term.

But I can definitely see uPlexa and its persistently working Team in a nice place in this future "adult" market

yes, a lot of transactions will be the way... at your kinds of job mentioned should be the right place where focuses the workforce of the team. i am only a passionate and i don't know very well this... my idea or vision is to reach the masses, but at today also btc isn't used for all day shopping and it have 10 years... this world is still to young, we are building the tomorrow.

As much as it hurts me to say this UPX as a gateway to IoT Advertisement payments would be the way to go, any website can mine UPX, any advert thats displayed on a IoT device could pay to be visible etc, i dont see any other way that would be viable long term, or being a value of data in real time architecture, imagine an autonomous cars will one day be hubs for advertising as well, i can see your car telling you about events happening around you, discounts at cafes or what not, UPX will be the backbone to sevral Dapps that can achieve all of these things to be marketed to seperate audiences etc. The point of difference could be that scalability and fees are better than other options and since UPX is on mobile devices locality and relevance based advertising will be more accurate. Even in the crypto space UPX can market the dapp and steadfast archtecture pitching the scalibility etc, everything built on the ethereum blockchain is as slow as ethereum, thats not the case with UPX but without any dapps being built or other developers willing to give up time to create such things, we the community have to keep it alive.

I agree with you that to partner a serious business is not possible coupled with too much anonymity.
Probably if there was a way to make certain transactions anonymous, and some public, it would work.

@Cappex:

Amazon is wealthy enough to build their own coin. They don't need UPX. UPX is needed at some
small or medium size business with a lot of small transactions which still cost a lot of money to execute.
Various online services: CDN, dVPN (which is actually planned in future for uPlexa) online streaming,
maybe even some online game.

@Korifeetxs

Wise words from QuantumLeaper (regarding the "internal" eco system building). Huge corps can start
a blockchain from scratch any time. Why would they want to invest in some crypto currency?


So far mentioned: mining on IoT: phones, game consoles, old PCs, tablets, USB miner devices

Building car charging stations, which work on UPX, dVPN, PlexaNet, UNApps (some require loss of anonymity)

What other use cases do you guys see for UPX (avoid value storing, press on USE as a daily use)?

What other use cases you guys can think of?

for give value at uplexa we need benefits to use it... if apple sold his last phone at 1.000$ (approx 6.5mil upx) but if with upx for bought the same phone we need to pay 3.25mil upx we have find a benefits... the team must work on a big ecomerce like amazon where if you pay in UPX you will receive immediatly a 20-30-40-50% discount from fiat price... i am pretty sure that with this we will found value for UPX.

to pay with the help of uplexa, you first need to make sure that the uplexa has value

"store of value" is not the way I'm reading QL's statement... I'm more reading it the "used currency" way... To me store of value is something you buy and hold for some time, then you sell it with a profit. Outside crypto, Gold is a "store of value"... Diamonds as well.
That's not what uPlexa Team wants, to the opposite of it they want people to USE that coin (and its ecosystem) for different purposes, big or small. I'm pretty sure QL would be happy to know that people can buy their coffee by paying with UPX. Or he'd be even happier if he'd see poor people in abandoned places get some fresh/clean water by using the UPX they mined from their little TV or autonomous mining box...

agreed, nobody wants to fork out something to somebody that they dont know. the transactions are anomymous which wouldnt work with all the tax things and verifing stuff...

the coin (from gold) will be in the safe in the bank. no one will ever get it from there, she will be the guarantor of stability and prosperity uplexa. Uplexa Bank is not Raiffeisen Bank! A gold guarantee will attract many people to own, use and manage uPlexa cryptocurrency. everyone who has it in their wallet can throw an aplex into the bank, knowing that the coin will never die in this bank. As a result, only one bank will remain on planet Earth: uPlexa-bank. And he will not be a speculator and a deceiver, like all banks are now on planet Earth.
Now all the bankers of the world are struggling with cryptocurrencies, and cryptocurrencies are trying to survive at all costs. This is called a bipolar world and this struggle will always be. (good and evil, white and black, love and hate and the like). Uplexa Bank is a bank of a new format that will work with black (aur) and white (uPlexa), but the bank's customers will only be able to work with an uplex coin.

the anonymate is an interesting point and depend from where is your view...
if i am an agency or service suppliers i need to know who pay me for that goods or that services but if i am the client i don't want comunicate my wallet or my capital traceable like on bitcoin's blockchain... i am pretty sure that there are solutions for link this two point of views

Interesting idea Dmitri129, physical coins and gold in the bank! However if I understand it correctly you prefer UPX to be a store of value, right?
This is what Quantumleaper (main dev uPlexa) said in telegram:
How would your physical coin relate to building an internal economy with UPX as driving force?

If I continue my idea, the issue of a 33 gram coin will replace the several million coins that the developers plan to mine. that is, from the maximum amount (which they plan to issue), it is necessary to programmatically remove these several million coins, and the total number in the network of coins will decrease. the price will increase accordingly. why do you need 21 billion coins? if you can release some of the physical gold. If everything goes according to plan, then we create an uplex-bank, where physical gold coins are stored, the wallet-bank bundle will work instantly. everyone can have real gold coins. but from the bank to buy gold coins only for upleks ... my imagination is limitless  ...

I put forward just an idea ... a usb device (with strong quantum defense) that speeds up mining on a TV, on the head unit of a car, on a laptop, on a tablet - OTG. for example, the price of 1 piece is to sell for $ 5, to collect and order this money physical coins from pure gold. uPlexa will be provided with gold. But this is just an idea.
But! The main thing is to give information about our coin to a lot of people. all have televisions, laptops, tablets (old), smartphones (old). the miner is very simple and does not require dancing with tambourines. all people will be interested.

The charging companies probably don't like the idea that the transactions are anonimous, since they have to report to a tax agency/government.

I am interested to know what idea's the uPlexa team themselves have about the implementation of UPX. And I don't mean the toaster, consoles, phone and stuff. I think their position on those is already quite clear, but I mean implementation in the bigger picture, like the aforementioned charging stations, green energy projects etc. With Steadfast Storm approaching they have other things on their mind right now, but some vision (apart from ecommerce) regarding this must have been looked at the last year.. I thought something was mentioned in the white paper as an exemple. But the anonimity of the whole UPX story makes it -in my opinion- very hard  to get partnerships with serious bussinesses.

who will be the owner of the upx mined in the charging stations? if it will be the company that will win the work we will have a big whale.. if i pay for charge my car and you earn coins with my energi i will not happy.

It looks like IoT device (almost all of them have USB) with one or more USB devices plugged in.
I'm not very familiar with these devices, but do they have their own OS inside or they
depend on host OS? If they do, then it is more complicated. If they have their own OS,
then Security could be potential weakness. Also not all USB ports have
power supply which matches the USB type specs. This could be an issue.
On the other hand if they are dirt cheap and mass produced, they might be quite good.

My idea is just use hundreds and hundreds of old laptops and PCs laying around and being
recycled constantly. They are abundant, cheap, versatile.
The problem there is the power usage, size and noise. Old machines use too much power
and are not that efficient.

I read a news about Mepкeл who set a target for 1 000 000 Electric car charging stations
till 2030 in Germany. I wander what if the charging of money for electricity happens automatically through
a blockchain wallet entered in the car's computer. It would be zero hassle while charging.
Also charging stations can mine coins or serve as uPlexa Utility nodes.

I'm sure the companies will want to build these stations as cheap as possible and running on blockchain
should be most automated and cheap option out there. So mining with Tesla or other EVs might be not wise,
but mining/staking/running a UPX node on the charging stations sounds too good to ignore.

Charging stations which will have a lot of constant (probably redundant) power supply, 100% of them will have internet (probably redundant) and on top
of that will be millions and quite spread throughout the world which is the best decentralization possible.

What do you guys think of that?

ahah chill, dude

this drawing looks a bit too simplistic to be understood, would you mind explaining a bit more about your "idea" there?

Or is it, as I mentioned in my previous post, some kind of mining usb device that you would plug into another device (such as a TV, or a toaster ^^ )?

I would love to have a console miner, i would hook my old Wii U up to mine haha. Anyone got any ideas about the miners?

we have already the android app on play store... the same thing must be necessary with playstation or xbox... now all the android consoles can run uplexa miner so we are already launched in this way. what is necessary to add the app in the store of xbox and playstation?

what do you represent in that picture?