Bitcoin Forum
May 23, 2024, 08:03:36 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 »
21  Alternate cryptocurrencies / Altcoin Discussion / What do you believe is needed for Cryptocurrency to be mass adopted? on: March 09, 2018, 02:56:40 PM
We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?
22  Alternate cryptocurrencies / Altcoin Discussion / Is there an easy way to make sure your wallet is safe on your home PC? on: March 09, 2018, 02:52:45 PM
With the most recent hacks, this is a hot topic. We at quantum are suggesting using XMSS to secure your wallet as we consider to do with ours in our new blockchain.
https://github.com/quantum1net/Documents
What is your take on securing wallets?
23  Other / Off-topic / How many here understand blockchain? on: March 09, 2018, 02:44:23 PM
We are looking for comments on our new blockchain.
Is there anyone here who is skilled enough to review blockchains? Comment on our concept much appreciated  Smiley

https://github.com/quantum1net/Documents
24  Alternate cryptocurrencies / Altcoin Discussion / How many here understand blockchain? on: March 09, 2018, 02:41:20 PM
We are looking for comments on our new blockchain.
Is there anyone here who is skilled enough to review blockchains? Comment on our concept much appreciated  Smiley

https://github.com/quantum1net/Documents
25  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [ICO is LIVE] Quantum1Net - ⚡ A QUANTUM SAFE DATA TRANSMISSION PLATFORM ⚡ on: March 09, 2018, 10:07:21 AM
does the bounty campaign finish with the token sale or will be available until the golden token sale?
The bounty campaign will end as planned today, 09/03/2018.
26  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 09, 2018, 09:17:08 AM
There are certain reasons why you should not be accepted.One of the most important reasons is that the market for bitcoin is very variable.
variable market is not always a problem for banks.
27  Economy / Economics / Re: How to Become economic independent by passive income on: March 09, 2018, 09:15:47 AM
That is truly interesting to actually correlate passive income with staking. That is a great connection tomake and I think it makes sense on numerous levels. Staking is great! best of luck!
Thank you!
28  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 08, 2018, 03:00:12 PM


I think you miss the point a bit. Mining is not the cause of climate change but a system that requires as much energy as a small country despite being shunned big big business has no future.
Imagine how much energy would be required if a PoW system was implemented as a global transaction system supported by banks. That is why PoT or PoS is the way of the future.

There are countries in the world like Iceland that have enormous amounts of renewable energy but no manufacturing industry. Bitcoin is perfect for them as it uses what would otherwise have been wasted.

Maybe but Block chains and crypto currency as the potential to revolutionize the world and need to work globally.
Places like Germany that has shut down their nuclear plants and has little in the way of thermal or hydro uses a lot of dirty coal instead. A system like Proof-of-Transactions works better for them.
29  Economy / Economics / Re: How to Become economic independent by passive income on: March 08, 2018, 02:47:44 PM
u asking or giving information about how to earn passive income well next time put question mark if asking but it seem u providing information well thats ok good luck mate

Not a question as such. What Revenue Nodes does is allow you to get passive income in a system where master nodes don't cost anything to set up.
Proof-of-Stake is often hideously expensive to buy, proof of transaction does away with that.
30  Economy / Economics / How to Become economic independent by passive income on: March 08, 2018, 01:52:22 PM
Quantum1Net has developed a new Proof-of-Transaction based system, allowing node holders to earn money in a fully distributed environmentally friendly block chain ecosystem.

Read more on https://github.com/quantum1net/Documents
31  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 08, 2018, 11:29:23 AM
I think big concerns or so called serious institution does not accept bitcoin because of its high price volatility.

Volatility is not so much of a problem as image. The risk can be dumped on the customer after all but bad image may cause the customer to go away.
32  Alternate cryptocurrencies / Altcoin Discussion / How to Become economic independent by passive income on: March 08, 2018, 10:42:19 AM
Quantum1Net has developed a new Proof-of-Transaction based system, allowing node holders to earn money in a fully distributed environmentally friendly block chain ecosystem.

Read more on https://github.com/quantum1net/Documents
33  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 09:27:09 PM
Not this again.. Another one of those conservative member of the society who give care for the environment and nature but blame mining particularly crypto mining.. As if it is the sole responsible about wasting power energy in this entire world.. You know,, what’s wrong with this kind of mentality is what we called unrealistic and unbalanced.. What about every banks in all the worlds wasting it..

I think you miss the point a bit. Mining is not the cause of climate change but a system that requires as much energy as a small country despite being shunned big big business has no future.
Imagine how much energy would be required if a PoW system was implemented as a global transaction system supported by banks. That is why PoT or PoS is the way of the future.
34  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 08:37:40 PM
You should learn about statistics before you start calling people moron, lest you look stupid yourself.
One odd year out does not change a trend. Even if you are correct, the vast majority of the scientists and public still believe in global warming and that is what big institutions care about.

Ok, show me that the majority believes that it's happening. What statistics are you referring to?
Calling global warming global heating sounds moronic to me, especially if you're its supporter and don't even know the proper term, but ok, let's be civil and not use invectives.
This wasn't one odd year, it happened 2 times in the last 5 years, and not even once in the previous 25 years, when nobody was even trying to use global warming arguments.
Since the world is getting hotter, we should not be seeing snow in the areas where it hasn't appeared for 25 years before.
Also, contradict this, probably the best argument against global warming.

Quote
Temperature of the planet has essentially been flat for 17 years. This isn't a controversial assertion either. Even the former Director of the Climate Research Unit (CRU) of the University of East Anglia, Phil Jones, admits that it's true.


These numbers show different polls over how many Americans who believe in global warming. Europe tend to score even higher. Big institutions will look at these numbers and they will never risk being branded as climate villains in the court of public opinion.
That is why PoW will never catch on among big business, they will use something that can be branded green like Proof-of-Transaction or Proof-of-Stake.
35  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 08:27:51 PM
No serious financial institution can support the energy wastefulness of Proof of work. The extreme power waste does not fly in a world combating global heating and excess wastefulness. To be caught sporting that kind of waste would be bad optics.

You must mean global warming, not global heating, and what's bad optics? Stop using google translate you moron!
And I'm not calling you a moron purely because of the google translate, but rather because of using the global warming argument. Global warming is not real. 2012 was the first year in 30 years when it was snowing in Rome, this year it happened again. Tell them that it's getting warmer! Cheesy
If you're worried about energy being wasted start with your own home and turn off all those electronics that you keep on standby.

You should learn about statistics before you start calling people moron, lest you look stupid yourself.
One odd year out does not change a trend. Even if you are correct, the vast majority of the scientists and public still believe in global warming and that is what big institutions care about. They are all about keeping public image.
Which ties into Bad Optics. It's a media term for "looking bad in press or on television" more or less. Even if you don't know what bad optics mean, the big banks do and is why they won't ever touch Proof-of-Work.  

https://wattsupwiththat.com/2010/03/31/18010/

Take a look at this site.

It explains why scientists and many people think global warming is not real.
Even if you think it's real, it's important to know why many people think the opposite.

There is always a debate but to be frank, the big institutions don't care all that much about what turns out to be true 30 years down the road. They care about how they will look in the present.
Like or dislike it, global warming is a huge deal in the eyes of the public and as such also a huge deal for big business. That is why PoW is a doomed concept.
36  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 08:23:53 PM
It shows that " this file is binary and cannot be displayed online"

That i strange  Huh

Can you access any of the documents?

https://github.com/quantum1net/Documents
37  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 08:11:44 PM
No serious financial institution can support the energy wastefulness of Proof of work. The extreme power waste does not fly in a world combating global heating and excess wastefulness. To be caught sporting that kind of waste would be bad optics.

You must mean global warming, not global heating, and what's bad optics? Stop using google translate you moron!
And I'm not calling you a moron purely because of the google translate, but rather because of using the global warming argument. Global warming is not real. 2012 was the first year in 30 years when it was snowing in Rome, this year it happened again. Tell them that it's getting warmer! Cheesy
If you're worried about energy being wasted start with your own home and turn off all those electronics that you keep on standby.

You should learn about statistics before you start calling people moron, lest you look stupid yourself.
One odd year out does not change a trend. Even if you are correct, the vast majority of the scientists and public still believe in global warming and that is what big institutions care about. They are all about keeping public image.
Which ties into Bad Optics. It's a media term for "looking bad in press or on television" more or less. Even if you don't know what bad optics mean, the big banks do and is why they won't ever touch Proof-of-Work.  
38  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 07:40:04 PM
Actually to tell you fun facts, that in public places they say they are against it because this institute support the fiat of the country and they support the banks not to support cypto. but when this employee finished their duty, then they do bitcoin in their home. It means we don't need to care for thos institute to support us but we need people in our world to increase the possibilities of coin value increase.

As the crypto market grows, even banks will start to accept blockchain. A blockchain that the large institutions choose to support will absolutely dominate because even as big as Bitcoin is, the entire Market Capitalization is just pocket change on the scale of global banking.
39  Economy / Economics / Re: Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 07:18:09 PM
This makes no sense.

Chinese energy system is based on fossil fuels.  China is biggest contributor to the global heating (supposing that is not a polemic discussion). So, no Serious institution will ever go to china?


China is the biggest investor in the world when it comes to renewable energy. China is the worlds leading manufacturer of solar panels and wind panels, even they know that the future is moving away from egregious power consumption.

And bitcoin spend energy not because it's fun, but because it's the only way to secure the network.

And that will be the downfall of Bitcoin and other Proof-of-Work based systems. The fact that they are critically depended on exorbitant power consumption menas that they will get eclipsed by systems not dependent on massive energy consumption.
That's why the future belong to Proof-of-Transaction.
40  Economy / Economics / Why Serious Institutions can never accept Bitcoin on: March 07, 2018, 06:49:12 PM
No serious financial institution can support the energy wastefulness of Proof of work. The extreme power waste does not fly in a world combating global heating and excess wastefulness. To be caught sporting that kind of waste would be bad optics.

That means there has to be a new process for Proof of Work. With the current way of doing Proof of Work, AKA Mining, the energy used is simply wasted. People are dying of starvation around the world and the crypto-community are still advocating for wasting energy in a irresponsible manner with the PoW setup. Some are looking for PoS and DPoS as a possible solution… In my opinion it only gives power to the biggest holders making it nullifying the idea of decentralization.

Fortunately there is a new way of doing Proof of Work.All our lives is based on various of transactions, internet is based on transactions, cryptocurrencies is based on transactions, so doing a proof of work as a ‘Proof of Transaction’ makes much more sense.
Have a look at this paper, it explains the concept.

https://github.com/quantum1net/Documents/blob/master/Q1N%20Product%20Description.pdf
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!