Author

Topic: Sharebit: (Secure BitCoin) Offline Peer to Peer Electronic Cash System (Read 4886 times)

legendary
Activity: 1568
Merit: 1031
Successfully after 2 Years SecureBitcoin is launching with solodynamic encryption system

Two years is a long period of time to make a copy of bitcoin with simply a new features, don't you think? Using the "pre-order" word make it look like you are selling a phone or a game before launch. If you needed the funds two years ago, you had to launch an ICO but I doubt It would result into successful funding because I can't even find the whitepaper.
newbie
Activity: 39
Merit: 0
Successfully after 2 Years SecureBitcoin is launching with solodynamic encryption system
staff
Activity: 3458
Merit: 6793
Just writing some code
And if you say its a COPY PASTE stuff .... find one encryption system like KMT which can give Many encryption hash for same word
BTW, It's ciphertext, not encryption hash

And one encryption like that is PGP (among others)
Here is an example:

The cleartext:
Code:
Hello. You Are Wrong.

A ciphertext using key posted below:
Code:
-----BEGIN PGP MESSAGE-----
Version: GnuPG v1

hIwDbpMln/sWCfQBA/9fP5XqPJIh+8wOmXPf7W43uiitflaW1fy+sWd5MgJ9ZIIT
1NixJxJkn868F6tB3jWR7TwhEANR3mU9Ihm5jqFFrywfkEpAuPX0Q5LmzgCeK7Rb
Pg/EqzW1yrC+On8jU73az70E+gm5EDhYM1+rnZmUEeq9RNdGE02q8Vzpns3BAtJQ
AfEA4dnF+N1QDHu78p+fT80X0j3GJJZW8ldXlGoQXFhTKhph57OT0DKTTqLL+w1Z
XhIla5NJ242+X49rS0UUWU/Kr8kOlIgilxHMiMDeyBM=
=QKpj
-----END PGP MESSAGE-----
Another ciphertext using the EXACT SAME KEY
Code:
-----BEGIN PGP MESSAGE-----
Version: GnuPG v1

hIwDbpMln/sWCfQBA/0YOjoA838tS2Y5/OQESukDhr1VfhpcLOnn1oawirSCe4cb
btWhiJJ/ylHl7g1ktnfRUdPWmiiFivEZ2lL2R9WRiSmp/JtgoPtePaN9vgWLyCiW
HZgPQivxNJbF9GRM2p5kvuWVtRrVVoP/Ccu3GspLRDkvkmoacpaOxQo2omKpdtJQ
AR71jxoT62B42z8g+rVinbYka8Pby+PY1u9eOsNt2FrUJlLdXQYpsgpXma24efyi
1GQvnRtfl9gkPKKyFze/42KCJq27gS17TxHRvIjdIE8=
=bmd2
-----END PGP MESSAGE-----
And the key so you can verify this yourself:
Code:
-----BEGIN PGP PRIVATE KEY BLOCK-----
Version: GnuPG v1
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=
=UReW
-----END PGP PRIVATE KEY BLOCK-----
-----BEGIN PGP PUBLIC KEY BLOCK-----
Version: GnuPG v1

mI0EVe47VQEEAMP+IuJB0GoH55GS3e2AjWvVmLftLZShhb6wSw2kvPvL+SgSE+1S
YezVFPkxznqRlFUGC/zAO3IaYv+w2Ep3PCmf1RvmTexOz4b/33+d+Xdqeoc/mK8N
p/JkpNJL2h6fw2Wc5WNMVJIhG08BiujUaMLn2qgQL95eDKURGCKLhi0ZABEBAAG0
IkZPUiBFWEFNUExFIChETyBOT1QgVVNFISEgRVZFUiEhISmIvAQTAQoAJgUCVe47
VQIbAwUJCWd06wULCQgHAwUVCgkICwQWAgEAAh4BAheAAAoJENqomkCXNRiP0DIE
AJ2XZdwgECW9rt++AEWdTR3dEEkqsWg32KTaJq1StibMcXAMQqGrEqM/HlsT+Ii1
uyEBqlshBOa8OuOSEObJPMkjp8pONOD8NLaUrUKCJvVX82mm0/U1fpfEl2rHlfoA
j5OQapgP0sxXYE0C+MslA6wc/B4dWZzPT9qfFZVXifXnuI0EVe47VQEEAKUS5d5j
YBAAdhO8wQG8zhb2lMaqYM43PiouHg8GzvDYqb+3ohEc6XBXoD6IqoJW1Qkds/ac
6t0fw4Lzrwsla4avNjqaeKMLn29vZVr9DcFnU3KVvy+PoOHv86qXS74BAe5crHqW
iOZHzqvwovYcFP9F3fvA9X5MG/j1QFLJBx5vABEBAAGIpQQYAQoADwUCVe47VQIb
DAUJCWd06wAKCRDaqJpAlzUYj55iA/4nO4EcOBm8RznflTR5T/2ut2F1p24/8kTT
3s2U3zqXXPZC47eekNg47TDdHdUQssi2G+gxfwiodw8Wq7zLKi/g4ECz5KYyxL8Y
avIYMe3zRc2OjI3H9b+qrVE/4i5coaMh1sbu2KcQc09u1XH3+gGXQLlCvTJZgXtU
JllASADDJg==
=PfUC
-----END PGP PUBLIC KEY BLOCK-----

As you can see, the same cleartext encrypted with the exact same key produces two different cipher texts.

And wait, there's more!
PGP is OPEN SOURCE!!! So in theory you could have taken PGP (or any other open source encryption algorithm) and modified it slightly to make KMT.
legendary
Activity: 1008
Merit: 1007
If I understood you clearly you have invented a payment system that does not work or wait for the miners confirmations before it can complete its transactions, is this limited to a particular coin?
Also I do not agreed with your data above as regards the speed of transactions per seconds because I think it have to do with number of people doing the transactions per second.


FTFY
full member
Activity: 196
Merit: 100
legendary
Activity: 1106
Merit: 1000
Pab
legendary
Activity: 1862
Merit: 1012
half second transaction coin already exist,not bolckchain
yet another not blockchain iscoming
there is already tested one much efficient blockchain
and yet another on the way
technology never sleep
legendary
Activity: 2156
Merit: 1132
Only until the protocol Bitcoin there is no mechanism which allows to carry out as many transactions. As long as there is enough. See https://lightning.network/
sr. member
Activity: 434
Merit: 250
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

Current Status :

VISA : 6000-32000 Transaction Per Second
Paypal : 112 Transaction Per Second
Bitcoin : 7 Transaction Per Second


If I understood you clearly you have invented a payment system that does not work or wait for the miners confirmations before it can complete its transactions, is this limited to a particular coin?
Also I do not agreed with your data above as regards the speed of transactions per seconds because I think it have to do with number of people doing the transactions per second.
newbie
Activity: 39
Merit: 0
ok within 24 hrs ill upload the cash in Online escrow service .... and release the link of 30K USD Escrow payment
hero member
Activity: 896
Merit: 1000
Your going to need to escrow funds because there is plenty of people who would be willing to try buy not to get screwed out of all the time they spend on it.
To us time is money.
Pab
legendary
Activity: 1862
Merit: 1012
I can see many have Doubts .... and ya Bitcoin.pdf i have read that few yrs back ...... But anyway thanks for the suggession.... Pab can send your skype id to my message .... i will have a voice call..... to you Pab


@Uptrenda :  Well The reason i dont wanna release it cus of security.... can i say one thing Pa*pal and Ap*le are currently trying to build a offline payment system ..... Releasing much information will be easy for them not for us.... This Project is basically for the plp who is fucked up by fee and centralized system who is taken by government..... Thats y i dont wanna release the code or paper now.... hope you guys understand...


I can understand about double spend.... See double spend will be a no more after the release of POK method ... i am saying again... Bitcoin works on POW alone...... thats y double spend is possible

POW : Doublespend Problem, after all coin is generated Miner wont verify the payments .. but they say they will increase the fe... thats bad

POW + POS : Solution Coin wont be Stopped... It will function even if all coins are generated / Doublespend Problem

POK : There is no possible way to stop verifing / no Doublespend.....

Hi i am sending you my contact details
Regards
P
newbie
Activity: 39
Merit: 0
First i would like to say i Already have INVESTOR so i am not here to ask any penny .....

The 30K USD is in fiat currency . Where Investor agreed to pay that money for the contest...

Since i already said the companies trying to make the offline payment is Pa*pal and AP*le... i cant release the Video now... but i will release it soon....

And if you say its a COPY PASTE stuff .... find one encryption system like KMT which can give Many encryption hash for same word

You can test by yourself http://sharebit.org/kmt

Test yourself


if you are still that confidence ... juts search online and crack the code ..... if you think its a copypast ... prove it...


I have Proved KMT is created/.... http://sharebit.org/kmt  and not speaking in air


Prove that its a clone .... or else dont talk in air
full member
Activity: 196
Merit: 100
well we tested with two Mobile Device to transfer Some coins and it worked perfectly

Could you upload a video of this?
full member
Activity: 155
Merit: 100
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

1. I read the project. I am sorry to say it can not work like you described (at least broadcasting transactions..).

2. Please put 30k USD on a public-key and sign a message with this key


Well Sharebit has its own coin.... and a paper will be released for existing peer to peer systems ....

So far i am in a plan of releasing it as a Open Source .. But it depends on Investor...

well i dont know about Aricoin stage.... but Sharebit is Ready .... we can launch immediately... but we dont want it to fall like any crypto currency...
thats why i am in search of investors to advertise and go on... well we tested with two Mobile Device to transfer Some coins and it worked perfectly ... we are still upgrading and testing every single feature

4. Can you post a video?

3. So you will release a cryptocurrency with/for this project?
    (let me guess: crowdfund?)



from what i am reading here: This is just another try to hype an unlaunched coin and gain momentum to attract investors*  for the launch..




#my opinion and personal conclusion: This project = copypasted sh*tcoin-clone with no innovations. This "super offline KMT mega crypto-transaction system" will not be released BEFORE the investors* paid. So people will be "buying" something which isn't even provably existent.







*unaware cryptonoobs willing to lose/burn their money
sr. member
Activity: 406
Merit: 250
sound good CTRL+D  Cheesy
newbie
Activity: 39
Merit: 0
I can see many have Doubts .... and ya Bitcoin.pdf i have read that few yrs back ...... But anyway thanks for the suggession.... Pab can send your skype id to my message .... i will have a voice call..... to you Pab


@Uptrenda :  Well The reason i dont wanna release it cus of security.... can i say one thing Pa*pal and Ap*le are currently trying to build a offline payment system ..... Releasing much information will be easy for them not for us.... This Project is basically for the plp who is fucked up by fee and centralized system who is taken by government..... Thats y i dont wanna release the code or paper now.... hope you guys understand...


I can understand about double spend.... See double spend will be a no more after the release of POK method ... i am saying again... Bitcoin works on POW alone...... thats y double spend is possible

POW : Doublespend Problem, after all coin is generated Miner wont verify the payments .. but they say they will increase the fe... thats bad

POW + POS : Solution Coin wont be Stopped... It will function even if all coins are generated / Doublespend Problem

POK : There is no possible way to stop verifing / no Doublespend.....
Pab
legendary
Activity: 1862
Merit: 1012
it is from my friendlly programmer

i got that. without much detail and a fast way to process, i won't have a chance.
member
Activity: 114
Merit: 16
Apparently he has a solution to that but he refuses to tell us  Wink
hero member
Activity: 699
Merit: 501
Well i to Show that it is Two way decryptable i have added encrypt and decry pt option in the site ..

if they want 30K they will do... or else your welcome if your not intrested
Thanks for posting sites,stay cool with some people who will like to get your code.your work for free

i am going to send your sites to my friendly programmer

i really dont know what is your test  about
my encrypt Nap9uWVbNCdaNmdduWE1NaB9LSd9uWR9uWV9M6dbM6daN6d6LCdcLWJ9uWN

Works bot way encrypt decrypt

Excellent example... .   Wink

Moving on from that, it's a best practice not to use any cryptographical system which has not been standardised, this is why the security industry uses SHA-1, 256 and 512, including RSA and AES (for symmetrical-key systems) these have been tested, by everyone up to Americas NSA, yet they're still waiting to be broken.

You can encrypt as much as you want (using any technique you like) but encryption can never prevent double spending. You can only prevent double spending by having a shared centralised; mysqli, or decentralised; blockchain, database of all sent transactions..

If you're not using an online data sharing technique, then it's a local application..

You should go ahead and read this again
Pab
legendary
Activity: 1862
Merit: 1012
Well i to Show that it is Two way decryptable i have added encrypt and decry pt option in the site ..

if they want 30K they will do... or else your welcome if your not intrested
Thanks for posting sites,stay cool with some people who will like to get your code.your work for free

i am going to send your sites to my friendly programmer

i really dont know what is your test  about
my encrypt Nap9uWVbNCdaNmdduWE1NaB9LSd9uWR9uWV9M6dbM6daN6d6LCdcLWJ9uWN

Works bot way encrypt decrypt
Pab
legendary
Activity: 1862
Merit: 1012
Well i to Show that it is Two way decryptable i have added encrypt and decry pt option in the site ..

if they want 30K they will do... or else your welcome if your not intrested
Thanks for posting sites,stay cool with some people who will like to get your code.your work for free

i am going to send your sites to my friendly programmer
newbie
Activity: 39
Merit: 0
Well i to Show that it is Two way decryptable i have added encrypt and decry pt option in the site ..

if they want 30K they will do... or else your welcome if your not intrested
member
Activity: 114
Merit: 16
Lol Read the post fully ... i mentioned This is 1 phase of 4 phase.... transaction comes in the 3rd phase.....

1 Phase Secure Data Transaction .....

KMT is the Worlds First solo Dynamic Encrypter  ....

Try to Solve How is this encryption working and get 30K USD.....

Eg : Hello world

KMT will give 2M + Excrypted Hash for this word ,,,,,, try yourself ans reply

 

Quote
Posting a blob of ciphertext and going "hay guise, is my encryption secure?" is like taking a dump in your neighbor's yard and then telling him "bet you can't guess what I had for dinner". He probably can, but nobody wants to sort through your shit.

If you want a serious response you're going to have to post the code.
newbie
Activity: 39
Merit: 0
Lol Read the post fully ... i mentioned This is 1 phase of 4 phase.... transaction comes in the 3rd phase.....

1 Phase Secure Data Transaction .....

KMT is the Worlds First solo Dynamic Encrypter  ....

Try to Solve How is this encryption working and get 30K USD.....

Eg : Hello world

KMT will give 2M + Excrypted Hash for this word ,,,,,, try yourself ans reply

 
member
Activity: 114
Merit: 16
as i said ....i Will launch the testing version of KMT System....

i have done.... posting the official link to check ...

any one who is able to break the tech .....or method 100%

will get 30,000$ USD as Reward......

This is a way unique technology to do transaction ....

this is a single phase of Sharebit out of 4 phases

But how does encryption and decryption solve the problem of double-spending? In an "offline" cash system the participants don't have access to a shared transaction state so lets say if a ledger says I have $100 before I go offline, what is to stop me from spending that same $100 multiple times to multiple people? How do the participants know that the "money" they receive hasn't already been spent?

Can I have the 30k now ^_^

Not trying shit on your thread but I fail to see how this technology can be used for consensus.
newbie
Activity: 39
Merit: 0
as i said ....i Will launch the testing version of KMT System....

i have done.... posting the official link to check ...

any one who is able to break the tech .....or method 100%

will get 30,000$ USD as Reward......

This is a way unique technology to do transaction ....

this is a single phase of Sharebit out of 4 phases
full member
Activity: 196
Merit: 100
In that case let me say i wont release the KMT system as open source....

I don't think you'll get many users then.
Pab
legendary
Activity: 1862
Merit: 1012
In that case let me say i wont release the KMT system as open source....

But to prove the strength ill make a KMT Cyrpto checker... online and post the link....

So that people and encrypt and decrypt by KMT system.... if anyone is capable of cracking that tech ...
will pay 30,000 $ USD to that person .....

Ill post the link within 24 hrs

Thanks i will send to my friend,really good programmer.You will have good feedback
About future,If you want i can introduce you to my friend who is manager in coming multicurrency exchange system

Exchange to 130 fiat money,some complimentary currencys,andat the beging  40 crypto,First crypto only by invite

Thay will have business tools,and his own merchant malls,possibility to integrate merchant malls with his system
Nothing hurry with that

Anyway if you will be interstedin will be possiblefor you contact owners on skype
PM if you want to
Regards
P
newbie
Activity: 39
Merit: 0
In that case let me say i wont release the KMT system as open source....

But to prove the strength ill make a KMT Cyrpto checker... online and post the link....

So that people and encrypt and decrypt by KMT system.... if anyone is capable of cracking that tech ...
will pay 30,000 $ USD to that person .....

Ill post the link within 24 hrs
member
Activity: 114
Merit: 16
I will release the KMT system as a Paper .. and opensource... if this is out no Gov Can decrypt any message ....

i will release KMT for students

KK. So far you haven't told us anything and none of the buzz words you just used have anything to do with solving the consensus problems that a property transferal system would have so I'm going to assume you don't have anything and you've missed some obvious problem. And since you haven't given us any concrete details, I can safely dismiss this thread as a troll thread without any concrete details.
Pab
legendary
Activity: 1862
Merit: 1012
Big players have ACTA weapon in his hands

 All rights to Happy Birthday To You Song belongs to Warner Music Corporation
newbie
Activity: 39
Merit: 0
I will release the KMT system as a Paper .. and opensource... if this is out no Gov Can decrypt any message ....

i will release KMT for students
Pab
legendary
Activity: 1862
Merit: 1012
Well Sharebit has its own coin.... and a paper will be released for existing peer to peer systems ....

So far i am in a plan of releasing it as a Open Source .. But it depends on Investor...

well i dont know about Aricoin stage.... but Sharebit is Ready .... we can launch immediately... but we dont want it to fall like any crypto currency...
thats why i am in search of investors to advertise and go on... well we tested with two Mobile Device to transfer Some coins and it worked perfectly ... we are still upgrading and testing every single feature

I will not advise you,but take care with open source,it is yours unique technology

about  investors and marketing
Will be platform  new kind of business crowdfunding place,barter exchange wth digital currency and fiat money and more,already very popular before launch

https://bitcointalksearch.org/topic/havelock-btr-barter-exchange-1088048

In some ,i hope near future,will be also new multicurrency exchange system,very legit,global,perfect place for your currency
Regards P
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
Hello Guys ,

Ill be Posting in this topic..

i have created a New method of paying offline without internet a new peer to peer offline cash system .

now its in the development phase..

All the algorithm passed works perfectly ...

Paper will be released soon....
They idea sounds great.Hope it executed well
newbie
Activity: 39
Merit: 0
Well Sharebit has its own coin.... and a paper will be released for existing peer to peer systems ....

So far i am in a plan of releasing it as a Open Source .. But it depends on Investor...

well i dont know about Aricoin stage.... but Sharebit is Ready .... we can launch immediately... but we dont want it to fall like any crypto currency...
thats why i am in search of investors to advertise and go on... well we tested with two Mobile Device to transfer Some coins and it worked perfectly ... we are still upgrading and testing every single feature
Pab
legendary
Activity: 1862
Merit: 1012
will  be open source,i dont think so
Does Sharebit will be used for fiat money transfer,digital currency transfer,Does Sharebit will has his own currency
i am member of development with half second transaction coins but it needs internet still
I know Aricoin devlopers were saying  that thay are working on offline transactions,but i dont know about progress
newbie
Activity: 39
Merit: 0
Well POK is a Mixture of POF,POW Implementing KMT with it .

KMT System Is a New Cryptography algorithm created especially for ultra secure data transaction...

Using KMT not even Brute force attack cant decrypt the encrypted data 
newbie
Activity: 2
Merit: 0
WTF if it will work offline ... then Sharebit is future...

I can see by your post that you are serious on what you are saying and gained enough knowledge...

i can see the potential in it... visa/master will go down if it works on both offline and online plus secure with low fee ...

where sharebit will be a massive hit...

well can you say what is this KMT Huh
legendary
Activity: 1106
Merit: 1000
What the meaning of POK?
AFAIK the wallet system is need to snyc, so your system is not need to do this?
man, we need to see your more details about this project, it means how it works and how to do this. i'm actually interested with this.
newbie
Activity: 39
Merit: 0
Thanks Ajayu1992 ... guys you can post your suggestion and questions ..... i am ready to implement and answer
newbie
Activity: 11
Merit: 0
This is a really insane idea man. This will change the way currency is used.! All the best man Cheesy !
newbie
Activity: 39
Merit: 0
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
member
Activity: 114
Merit: 16
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.
hero member
Activity: 699
Merit: 501
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)
Pab
legendary
Activity: 1862
Merit: 1012

 Highly interesting,thank you for information,i am bookmarking that thread
Wish you succes and i am waiting for more information
member
Activity: 114
Merit: 16
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 ...
legendary
Activity: 1106
Merit: 1000
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

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?
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
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.
newbie
Activity: 39
Merit: 0
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
legendary
Activity: 2156
Merit: 1132
Interestingly enough. How do you plan to solve the problem of Byzantine generals? The system will be on blockchain?
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
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.
newbie
Activity: 39
Merit: 0
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
staff
Activity: 3500
Merit: 6152
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 ?
newbie
Activity: 39
Merit: 0
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
legendary
Activity: 1106
Merit: 1000
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

Well, it's like Electrum? desktop wallet?
or i can send my coins without internet connection Huh
newbie
Activity: 39
Merit: 0
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
full member
Activity: 196
Merit: 100
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.
newbie
Activity: 39
Merit: 0
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 
newbie
Activity: 39
Merit: 0
Hello Guys ,
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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