Topic: mined'n'stable crypocurrency - page 2. (Read 221 times)
Thanks for all for answers and sorry for delay.
legendary
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Im sure that if you didn't even understand how the concept of stable token is working right now. It can be seen from what you have said above didn't even make sense for me. Mined stable token? what is this? the stable token being created to avoid the volatility but the point is if it was backed by the real money to keep the value stable. You said that also if you promise that will become decentralized. are you new in the crypto or what? there's no decentralized stable tokens.
Stable tokens were backed by the fiat money that we known that fully controlled by the government. What you are saying above was not even make any sense.
Stable tokens were backed by the fiat money that we known that fully controlled by the government. What you are saying above was not even make any sense.
Hello !
As we know, modern days there are either mined or stable cryptocurrency.
Mined example - bitcoin, stable example - binance coin.
Disadvanatge of mined currency is that - it is volatilic and exchange ratio to USD can drop-raise tens of percents per day.
Disadvanatge of stable currency is that - it is centralized and central authority can block any wallet due to any reason.
There are attempts to create mined'n'stable currency, but in fact all of them are centralized.
I have idea how to create mined'n'stable cryptocurrency. It will be 100% de-centralized.
Only one disadvantage I see - it will be low currency supply.
If sha-256 used and all-all bitcoin miners are used, then per day there will be only +-40mln. USD supply.
I am interested to hear, will such currency be interesting to public ?!...
As we know, modern days there are either mined or stable cryptocurrency.
Mined example - bitcoin, stable example - binance coin.
Disadvanatge of mined currency is that - it is volatilic and exchange ratio to USD can drop-raise tens of percents per day.
Disadvanatge of stable currency is that - it is centralized and central authority can block any wallet due to any reason.
There are attempts to create mined'n'stable currency, but in fact all of them are centralized.
I have idea how to create mined'n'stable cryptocurrency. It will be 100% de-centralized.
Only one disadvantage I see - it will be low currency supply.
If sha-256 used and all-all bitcoin miners are used, then per day there will be only +-40mln. USD supply.
I am interested to hear, will such currency be interesting to public ?!...
Mined stable coin? What would be the point. I think you are just trying to combine 2 things that aren't meant to be together lol. Why would ypu want to mine a stable coin anyway?
Relax and take time to check first what you're writing and posting. Yeah, those are just simple wrong spellings but it's kind of odd upon reading although it's manageable and understandable.
(https://coinmarketcap.com/currencies/multi-collateral-dai/)
There are attempts to create mined'n'stable currency, but in fact all of them are centralized.
There's a decentralized stable currency and the one that I'm talking about is DAI.(https://coinmarketcap.com/currencies/multi-collateral-dai/)
Mined example - bitcoin, stable example - binance coin.
Disadvanatge of mined currency is that - it is volatilic and exchange ratio to USD can drop-raise tens of percents per day.
Disadvanatge of stable currency is that - it is centralized and central authority can block any wallet due to any reason.
Binance Coin is not a stablecoin. And BNB[1] has more volatility than Bitcoin[2].Disadvanatge of mined currency is that - it is volatilic and exchange ratio to USD can drop-raise tens of percents per day.
Disadvanatge of stable currency is that - it is centralized and central authority can block any wallet due to any reason.
It will be 100% de-centralized.
What and how do you measure the decentralization and why can you be sure that the exact decentralization will be pitch-perfect?[1] https://messari.io/asset/binance-coin/chart/daily-vol
[2] https://messari.io/asset/bitcoin/chart/daily-vol
Hello !
As we know, modern days there are either mined or stable cryptocurrency.
Mined example - bitcoin, stable example - binance coin.
Disadvanatge of mined currency is that - it is volatilic and exchange ratio to USD can drop-raise tens of percents per day.
Disadvanatge of stable currency is that - it is centralized and central authority can block any wallet due to any reason.
There are attempts to create mined'n'stable currency, but in fact all of them are centralized.
I have idea how to create mined'n'stable cryptocurrency. It will be 100% de-centralized.
Only one disadvantage I see - it will be low currency supply.
If sha-256 used and all-all bitcoin miners are used, then per day there will be only +-40mln. USD supply.
I am interested to hear, will such currency be interesting to public ?!...
As we know, modern days there are either mined or stable cryptocurrency.
Mined example - bitcoin, stable example - binance coin.
Disadvanatge of mined currency is that - it is volatilic and exchange ratio to USD can drop-raise tens of percents per day.
Disadvanatge of stable currency is that - it is centralized and central authority can block any wallet due to any reason.
There are attempts to create mined'n'stable currency, but in fact all of them are centralized.
I have idea how to create mined'n'stable cryptocurrency. It will be 100% de-centralized.
Only one disadvantage I see - it will be low currency supply.
If sha-256 used and all-all bitcoin miners are used, then per day there will be only +-40mln. USD supply.
I am interested to hear, will such currency be interesting to public ?!...
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