Bitcoin Forum

Hey everyone I'm launching this new chain called Volta. Due to no good ones existing bitcoin is to slow, centralized and limited ethereum is also slow and there getting more centralized and the rest of the top 25 is shitcoins or super centralized. I wrote the whitepaper for this new token here https://www.indyvolt.com/white-paper-1 if you can please read it and get back with any feedback or questions you may have.

The biggest problem with HitBTC is that fees offered by this exchange are sometimes inappropriately high in number of tokens to be paid out. I recommend you to find another exchange, otherwise you will lose a lot of money for free, just if you want to pay off your tokens

What are you talking about

I wonder why the unprompted mention to this, maybe a deleted message above? I don't know. They do seem to have some agreements with EOS and EOS based tokens that they give them a very low price in comparison, maybe worth exploring as a project manager

Either way, for OP. Wherever you decide to list your token on, always aim at a balance betwee decentralized and centralized platforms, don't list only on centralized platforms because not everyone likes them, and don't only list on decentralized platforms because your volume will be crap.

Good luck OP on your endeavors

yeah, my plan was to list on both probably initially on DEX just to get some of the coins into circulation and bring some attention as while as the nice effect of raising capital and then moving onto a larger centralized exchange. And thanks you as while

Bitcoin was created with the vision of decentralizing the payment system.

It is not high with privacy, but as far as I know it’s a highly decentralized crypto. Ethereum is also used for creating decentralized applications (DApps). So, I don’t understand how is that centralized either.

If you talked about ripple or USDT etc, the point would have been valid. I read your whitepaper and they idea is pretty vague. I would recommend you to work on the whitepaper and make it more detailed and systematic. It needs a lot of proofreading and data addition. Overall, the idea is good, but I want to see how you plan to execute it and that’s missing.

Yeah, it's a rough whitepaper were working on it this week I just wanted to start getting the idea out there. But just cause something has decentralized in its name doesn't make it so. Bitcoin is centralized due to not only the largest chunk of its hash power being ASICS in china but also how only 3 or 4 mining pools control the majority of the hashing power. And ethereum has the same thing going on ASICS lead to centralization of the network. And the move to POS will just lead to the top 1% getting more and more of the network power.  And if you look at coin market cap the rest of the top 25 besides monero fall into the centralized side