Topic: Sharebit: (Secure BitCoin) Offline Peer to Peer Electronic Cash System - page 3. (Read 4886 times)
August 31, 2015, 12:30:37 AM
Thanks Ajayu1992 ... guys you can post your suggestion and questions ..... i am ready to implement and answer
August 30, 2015, 10:34:06 PM
This is a really insane idea man. This will change the way currency is used.! All the best man 
!
! August 30, 2015, 09:56:42 PM
Well Bitcoin Basically works on POW which needs conformation by miners ... there are few other methods like POS, POF ,POC and few are conformed easily.... this offline works on new method created POK where share bit will be the first to operate using POK ..... that makes instant confirmation
and highly secure... cus dont worry basic encryption is same as bitcoin using same sha-256 2 times and basically this payment of offline coin system cus instead of 2% fee of visa they can start using SHarebit ...
Current Status :
VISA : 6000-32000 Transaction Per Second
Paypal : 112 Transaction Per Second
Bitcoin : 7 Transaction Per Second
well this technology will go little bit higher
and highly secure... cus dont worry basic encryption is same as bitcoin using same sha-256 2 times and basically this payment of offline coin system cus instead of 2% fee of visa they can start using SHarebit ...
Current Status :
VISA : 6000-32000 Transaction Per Second
Paypal : 112 Transaction Per Second
Bitcoin : 7 Transaction Per Second
well this technology will go little bit higher
August 30, 2015, 04:39:31 PM
If altcoins have taught me anything its that there are many different ways to solve the consensus problem so I'm not going to dismiss the possibility that OP might have found a way to do it. Granted, it is unlikely but if OP -has- found a solution this could genuinely be revolutionary for payments.
August 30, 2015, 03:49:32 PM
With all my respect to you man , I'd say and only by looking to your topic and how you wrote the topic that it's nothing serious and probably nothing big . Still .. I'am looking forward to see what you are going to share with the community , when we should expect to see results ?
Your absolutely correct. Any payment system that functions offline wouldn't be able to synchronise in realtime. Bitcoin could have implemented this feature (which would have made it impossible to prevent double-spending) the question is, how this system solve the issue? (I'm guessing it can time travel)
August 30, 2015, 03:46:50 PM
Highly interesting,thank you for information,i am bookmarking that thread
Wish you succes and i am waiting for more information
August 30, 2015, 03:07:30 PM
OP, I am genuinely unsure why you posted this. You're claiming to have some thing for offline payments but you haven't built it yet, you won't show us the papers, and you're being so secretive we can't even ask you questions about it.
I am curious like the other posters here but you're going to have to give us something to go on ...
I am curious like the other posters here but you're going to have to give us something to go on ...
August 30, 2015, 03:00:15 PM
Well this is not a Bitcoin Wallet it is a new payment cash coin .... and it works offline and online
it uses NFC to communicate offline and Internet to online as we know that
it uses NFC to communicate offline and Internet to online as we know that
Well looks like you need release your paper and explain more details about your project. still don't understand about this, it's you means cash system and you want involve bitcoin into it?
August 30, 2015, 02:39:27 PM
Well basically This offline payment is like people can send card less cash even if they dont have internet .... the wallet can be used as a physical wallet and just get it near to pay. Well ok now let me talk about the problems... well actually it stores in Blockchain but in a different manner it uses
KMT System which will be launched soon
We're going to need a lot more specs on bow the actual thing works if you want anybody to take you seriously. KMT System which will be launched soon
August 30, 2015, 02:13:38 PM
Well basically This offline payment is like people can send card less cash even if they dont have internet .... the wallet can be used as a physical wallet and just get it near to pay. Well ok now let me talk about the problems... well actually it stores in Blockchain but in a different manner it uses
KMT System which will be launched soon
KMT System which will be launched soon
August 30, 2015, 01:50:47 PM
Interestingly enough. How do you plan to solve the problem of Byzantine generals? The system will be on blockchain?
August 30, 2015, 01:26:26 PM
How are you going to exchange information if its offline? Are you talking about...cash? I don't see the advantage or point of this.
August 30, 2015, 01:07:59 PM
Well I am currently raising funds for this project expecting this release in next 90 days.
The Papers are ready but i am willing to release it only after the Sharebit payment is launched ....
so that they can implement it in every Peer to Peer payment system in next version
The Papers are ready but i am willing to release it only after the Sharebit payment is launched ....
so that they can implement it in every Peer to Peer payment system in next version
August 30, 2015, 12:46:01 PM
With all my respect to you man , I'd say and only by looking to your topic and how you wrote the topic that it's nothing serious and probably nothing big . Still .. I'am looking forward to see what you are going to share with the community , when we should expect to see results ?
August 30, 2015, 12:38:54 PM
Well this is not a Bitcoin Wallet it is a new payment cash coin .... and it works offline and online
it uses NFC to communicate offline and Internet to online as we know that
it uses NFC to communicate offline and Internet to online as we know that
August 30, 2015, 12:36:10 PM
well this is a p2p payment system which can work online and offline ... basically this can be carried by mobile phone .... It works on SVP since mobile cant hold the entire database ... and this is like sending coins from one device to another using NFC without internet ...
Two option will be with the wallet Cold/Hot Cold is offline payment once you wanna send it online you cans use Hot ....both will be onclick option in the wallet
Two option will be with the wallet Cold/Hot Cold is offline payment once you wanna send it online you cans use Hot ....both will be onclick option in the wallet
Well, it's like Electrum? desktop wallet?
or i can send my coins without internet connection
August 30, 2015, 11:46:36 AM
well this is a p2p payment system which can work online and offline ... basically this can be carried by mobile phone .... It works on SVP since mobile cant hold the entire database ... and this is like sending coins from one device to another using NFC without internet ...
Two option will be with the wallet Cold/Hot Cold is offline payment once you wanna send it online you cans use Hot ....both will be onclick option in the wallet
Two option will be with the wallet Cold/Hot Cold is offline payment once you wanna send it online you cans use Hot ....both will be onclick option in the wallet
August 30, 2015, 11:42:14 AM
Can you not post more information about it?
With no good resources in the OP, people are just going to shit on your thread and you'll have failed before you even started.
With no good resources in the OP, people are just going to shit on your thread and you'll have failed before you even started.
August 30, 2015, 11:39:37 AM
This is gonna be the worlds first offline and online peer to peer cash system
post your suggestion
The era of Crypto Crrency needs to be changed ...
BITcoin or other crypto currency out in the market is not anonymous... its suanonymous ....
But this will be a remarkable change in history ..
Now New system Name KMT System will be launched .... using that algorithm.... everything in world will be untraceable
post your suggestion
The era of Crypto Crrency needs to be changed ...
BITcoin or other crypto currency out in the market is not anonymous... its suanonymous ....
But this will be a remarkable change in history ..
Now New system Name KMT System will be launched .... using that algorithm.... everything in world will be untraceable
August 30, 2015, 11:32:06 AM
Hello Guys ,
The crypto currency which is actually build to maintain privacy , Offline Transfer , Notes fully encrypted no one can decrypt without key.. No more bruteforce , library code cracking to decrypt the message. full privacy .
https://securebitcoin.org
Launching on July 30
Sharebit is now SecureBitcoin
is Now finally The crypto currency which is actually build to maintain privacy , Offline Transfer , Notes fully encrypted no one can decrypt without key.. No more bruteforce , library code cracking to decrypt the message. full privacy .
https://securebitcoin.org
Launching on July 30
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