Bitcoin Forum
July 10, 2024, 01:36:36 AM *
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] 12 »
201  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 📌1,500,000$ [BOUNTY][ICO]🔥ERT Ethearnal - Autonomous Decentralized Freelancing🚀 on: March 09, 2018, 02:30:57 AM
Week ( 05.03 - 12.03 )
Your row # on the campaign spreadsheet: 419
Bitcointalk Username: Harris Pay
Facebook Link: https://www.facebook.com/ban.cuong.7
Ether address: 0x3784f0ed554c5cf26f4444b52f3ce7efd3b7c6c1

Links to the reposts:
1:(05/03): https://www.facebook.com/ban.cuong.7/posts/920755781425146
2:(06/03): https://www.facebook.com/ban.cuong.7/posts/921374031363321
3:(07/03): https://www.facebook.com/ban.cuong.7/posts/921958351304889
4:(08/03): https://www.facebook.com/ban.cuong.7/posts/922573251243399
5:(09/03): https://www.facebook.com/ban.cuong.7/posts/923069634527094


Links to your potsts:
1:(05/03)https://www.facebook.com/photo.php?fbid=920760644757993&set=a.141095492724516.1073741826.100004721978230&type=3
202  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 📌1,500,000$ [BOUNTY][ICO]🔥ERT Ethearnal - Autonomous Decentralized Freelancing🚀 on: March 09, 2018, 02:26:58 AM
Week ( 05.03 - 12.03 )
Your row # on the campaign spreadsheet: 587
Bitcointalk Username: Harris Pay
Twitter Link: https://twitter.com/HarrisPay
Ether address: 0x3784f0ed554c5cf26f4444b52f3ce7efd3b7c6c1

Links to the retweets:
1:(05/03): https://twitter.com/HarrisPay/status/970476558845489152
2:(06/03): https://twitter.com/HarrisPay/status/970858759512776705
3:(07/03): https://twitter.com/HarrisPay/status/971235044072284161
4:(08/03): https://twitter.com/HarrisPay/status/971615795376615424
5:(09/03): https://twitter.com/HarrisPay/status/971933115777077248

Links to your tweets:
1:(05//03): https://twitter.com/HarrisPay/status/970482226621116416
203  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] THRIVE - 4M THRT REWARD | OVER 2M $ 🔥🔥 on: March 09, 2018, 02:13:40 AM
week (  05.03-12.03 )
Facebook frofile: https://www.facebook.com/ban.cuong.7

* Shares and Likes :

05/03: https://www.facebook.com/ban.cuong.7/posts/920938614740196
06/03: https://www.facebook.com/ban.cuong.7/posts/921371444696913
07/03: https://www.facebook.com/ban.cuong.7/posts/921951894638868
08/03: https://www.facebook.com/ban.cuong.7/posts/922563867911004
09/03: https://www.facebook.com/ban.cuong.7/posts/923063287861062


Twitter: https://twitter.com/HarrisPay

* Reweets, likes   :

05/03: https://twitter.com/HarrisPay/status/970612592531030016
06/03: https://twitter.com/HarrisPay/status/970857721762217984
07/03: https://twitter.com/HarrisPay/status/971232855727755264
08/03: https://twitter.com/HarrisPay/status/971610583383425027
09/03: https://twitter.com/HarrisPay/status/971930374149320706


204  Other / Beginners & Help / Re: Anyone ever used Huobi? on: March 08, 2018, 12:15:19 PM
good
Huobi will be a good choice if you want to trade in Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin currencies directly in USD or CNY. As one of China's largest trading platforms, Huobi's liquidity is high, its security is good, and its features are helpful to investors.
205  Other / Beginners & Help / Re: What to do with my bitcoin? on: March 08, 2018, 11:30:50 AM

When it comes to virtual currency, everyone will think of BITCOIN first, because Bitcoin represents the virtual currency market and it is also the base for other coin developers. Bitcoin is built on a blockchain technology. need to understand the basics like that before).

BITCOIN has been listed on the CME and CBOE markets of the United States, creating a platform for the next coin to be recognized and developed.

Step 1: Learn
The next thing you have to do is find out the following 3 currencies:

What is Bitcoin?
What is Ethereum?
What is a tether?
You have to hold on to these 3 currencies, as these three currencies are the very foundation that determines your investment fate. If you do not understand well then find out all over the network, articles, videos that help you understand them then you go offline!

Take a day to absorb them?

Step 2: Invade
After you have cleared about 80-90% of the virtual currency market through the 3 above, you need to know how to protect yourself against the hidden risks, as everything in the virtual money market is truly virtual. .

It is closely related to technology and if you do not understand it it will be very easy to lose.

The tasks to be done in this step are:

Mistakes to avoid when investing Bitcoin
These forms of virtual money investment
The term Bitcoin for Beginners
Read and equip yourself with the ability to protect your money in the market, and know how to avoid mistakes that are not worth it. Please read carefully and contemplate.

Step 3: Prepare
This is probably the most important part for you to get started in this exciting virtual currency market. Of course, making money is not always easy, so get ready for everything. The more tools you will easily conquer it.

Email: Gmail is best and better when you turn on 2-layer protection with email
Phone: The best smartphone is Iphone and have installed 2 app Authenticator or Authy (install both as possible)
Laptop / Computer: This is an indispensable tool (Win license, install antivirus software as possible)
Bank account
Tool:
Technical analysis with this tool Tradingview (free and paid)
View all coin prices in the world with coinmarketcap
Learn about technical charts (5 important signals on the chart).
Documents: Passport, identity card, hybrid license, some photos of you holding CMT and driver's license (to file in case of need to verify KYC)
Step 4: Action
To start the game you need to register a coin trading platform to be able to buy BITCOIN and the Altcoin.

Currently there are many virtual currency trading platform but within the scope of this article I only introduce the right two decks that you are required to register. As this will be the premise that you can participate in the virtual money market in the most reasonable way, if you like later you can register more trading floor.

Step 5: Practice
Once you have registered for these two exchanges, you can begin to make your transactions, by buying and selling BITCOIN, ethereum in the most basic way. Then learn about the transfer between the two floors Remitano and BINANCE.

When you practice you will understand a lot of things. But keep in mind that since you are new, spend a small amount of 2 - 5 million as a tuition fee to learn how to trade and trade.

Once you have mastered the steps and procedures, you will know how to invest. Follow what you are guiding because it is practical experience.

If you have any problems with your application, please contact us.

Important notes
If you have an idle amount, play it, or you can lose the money you have
No thanks to anyone who supports manipulating account-related issues
Learn how to secure all your accounts and information
Do not believe the welcome information, lack of base can x10, x20 account
Thoroughly examine web pages, not on sites without HTTPS
Read and understand thoroughly before investing
SUMMARY
Sure, at the beginning, it's hard for you, but if you try to read and understand and ask questions then you will definitely catch up on the trend.

In the beginning you can contact yourself via livechat and ask questions, I will support free consultation for you.
206  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][ICO]SKYFchain is the first B2R blockchain based operating platform on: March 08, 2018, 11:27:08 AM
*Week 2 (01.03-07.03)
 
 Facebook: https://www.facebook.com/ban.cuong.7
 
-Friends: 400
 
-Shares and Likes:
01/03: https://www.facebook.com/ban.cuong.7/posts/918654671635257
02/03: https://www.facebook.com/ban.cuong.7/posts/919184381582286
03/03: https://www.facebook.com/ban.cuong.7/posts/919776571523067
04/03: https://www.facebook.com/ban.cuong.7/posts/920316414802416
05/03: https://www.facebook.com/ban.cuong.7/posts/920763501424374
06/03: https://www.facebook.com/ban.cuong.7/posts/921371994696858
07/03: https://www.facebook.com/ban.cuong.7/posts/921955527971838

 Twitter: https://twitter.com/HarrisPay

-Folowers : 2000

-Reweets and Likes:
01/03: https://twitter.com/HarrisPay/status/969069928140611585
02/03: https://twitter.com/HarrisPay/status/969417889886347264
03/03: https://twitter.com/HarrisPay/status/969816649422405632
04/03:https://twitter.com/HarrisPay/status/970186383213060097
05/03: https://twitter.com/HarrisPay/status/970484786316820481
06/03: https://twitter.com/HarrisPay/status/970858118149169153
07/03: https://twitter.com/HarrisPay/status/971234311767719936
207  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] THRIVE - 4M THRT REWARD | OVER 2M $ 🔥🔥 on: March 08, 2018, 11:24:26 AM
Please check !
week (  26.02-05.03 )
Facebook frofile: https://www.facebook.com/ban.cuong.7

* Shares Likes and Comments :

27/02: https://www.facebook.com/ban.cuong.7/posts/917567875077270
28/02: https://www.facebook.com/ban.cuong.7/posts/918054928361898
01/03: https://www.facebook.com/ban.cuong.7/posts/918647921635932
02/03: https://www.facebook.com/ban.cuong.7/posts/919151841585540
03/03: https://www.facebook.com/ban.cuong.7/posts/919773174856740

* Post:
28/02: https://www.facebook.com/photo.php?fbid=918340941666630&set=a.141095492724516.1073741826.100004721978230&type=3


Twitter: https://twitter.com/HarrisPay

* Reweets, likes  and comments :

27/02: https://twitter.com/HarrisPay/status/968353716041641984
28/02: https://twitter.com/HarrisPay/status/968672559725244416
01/03: https://twitter.com/HarrisPay/status/969062428079091712
02/03: https://twitter.com/HarrisPay/status/969401811395264513
03/03: https://twitter.com/HarrisPay/status/969814890222272513


* Tweet:
01/03:  https://twitter.com/HarrisPay/status/969402016853245952

ETH Wallet: 0x3784f0ed554c5cf26f4444b52f3ce7efd3b7c6c1
208  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][ICO]SKYFchain is the first B2R blockchain based operating platform on: March 08, 2018, 05:11:59 AM
*Week 2 (01.03-07.03)
 
 Facebook: https://www.facebook.com/ban.cuong.7
 
-Friends: 400
 
-Shares and Likes:
01/03: https://www.facebook.com/ban.cuong.7/posts/918654671635257
02/03: https://www.facebook.com/ban.cuong.7/posts/919184381582286
03/03: https://www.facebook.com/ban.cuong.7/posts/919776571523067
04/03: https://www.facebook.com/ban.cuong.7/posts/920316414802416
05/03: https://www.facebook.com/ban.cuong.7/posts/920763501424374
06/03: https://www.facebook.com/ban.cuong.7/posts/921371994696858
07/03: https://www.facebook.com/ban.cuong.7/posts/921955527971838

 Twitter: https://twitter.com/HarrisPay

-Folowers : 2000

-Reweets and Likes:
01/03: https://twitter.com/HarrisPay/status/969069928140611585
02/03: https://twitter.com/HarrisPay/status/969417889886347264
03/03: https://twitter.com/HarrisPay/status/969816649422405632
04/03:https://twitter.com/HarrisPay/status/970186383213060097
05/03: https://twitter.com/HarrisPay/status/970484786316820481
06/03: https://twitter.com/HarrisPay/status/970858118149169153
07/03: https://twitter.com/HarrisPay/status/971234311767719936

209  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💠 DIWtoken.com 💠 [BOUNTY] [NEW AIRDROP: Telegram] 💠 [ICO] 💠 [WHITELIST OPEN] on: March 07, 2018, 05:03:26 AM
Week: 9 (01/03-07/03)
Twitter Campaign
Twitter Url: https://twitter.com/HarrisPay
Retweets:
1. https://twitter.com/HarrisPay/status/970923958529703936
2. https://twitter.com/HarrisPay/status/971238096032460802
3. https://twitter.com/HarrisPay/status/971248170796756993


Week: 9 (01/03-07/03)
Facebook Campaign
Facebook Url: https://www.facebook.com/ban.cuong.7
Shares&Like:
1. https://www.facebook.com/ban.cuong.7/posts/921471424686915
2. https://www.facebook.com/ban.cuong.7/posts/921960937971297
3. https://www.facebook.com/ban.cuong.7/posts/921976561303068

210  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] THRIVE - 4M THRT REWARD | OVER 2M $ 🔥🔥 on: March 07, 2018, 03:52:04 AM
week (  26.02-05.03 )
Facebook frofile: https://www.facebook.com/ban.cuong.7

* Shares Likes and Comments :

27/02: https://www.facebook.com/ban.cuong.7/posts/917567875077270
28/02: https://www.facebook.com/ban.cuong.7/posts/918054928361898
01/03: https://www.facebook.com/ban.cuong.7/posts/918647921635932
02/03: https://www.facebook.com/ban.cuong.7/posts/919151841585540
03/03: https://www.facebook.com/ban.cuong.7/posts/919773174856740

* Post:
28/02: https://www.facebook.com/photo.php?fbid=918340941666630&set=a.141095492724516.1073741826.100004721978230&type=3


Twitter: https://twitter.com/HarrisPay

* Reweets, likes  and comments :

27/02: https://twitter.com/HarrisPay/status/968353716041641984
28/02: https://twitter.com/HarrisPay/status/968672559725244416
01/03: https://twitter.com/HarrisPay/status/969062428079091712
02/03: https://twitter.com/HarrisPay/status/969401811395264513
03/03: https://twitter.com/HarrisPay/status/969814890222272513


* Tweet:
01/03:  https://twitter.com/HarrisPay/status/969402016853245952

ETH Wallet: 0x3784f0ed554c5cf26f4444b52f3ce7efd3b7c6c1
211  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [AIRDROP] ETHERNITYMINING///240 ETM PER PARTICIPANT///WORTH $40///JOIN NOW!!! on: March 06, 2018, 03:08:41 PM

#Proof of ownership :
 - @cuong7
 - facebook.com/ban.cuong.7
 - twitter.com/harrispay
212  Alternate cryptocurrencies / Altcoin Discussion / Re: How to choose bounty? on: March 05, 2018, 03:28:31 PM
Do not be lazy to read the White Project. In this document, you can find out what the project is and see if its coin has any value. Try to find out more about the creator - if they are actively promoting the project and are not afraid to shine with your face, then you are definitely not a scammer. Special attention should be given to these projects, which are monitored by experienced developers, which are behind significant blocking products. Do not engage in a bounty program that requires too much of your time. If the user has to print 100 messages per day in a month before the user, then of course, there is no risk and spend a lot of effort for the benefit of the project, probably will not give you anything to earn. Pay attention to the form of payment of the bonus. If you are guaranteed to promise a certain amount of money, then this is better than having a common fund, which will be shared among all those who wish. On the other hand, if the number of participants in the bonus is small, then you can break a good jackpot. In the ICO, you will be able to observe how actively the funds are collected. Potential projects promise a good return, investors see from the start and actively invest in them. If the ICO was launched and in a few weeks collected $ 100 thousand, this is a very weak result for this industry and it is not worth spending your time on a project without any concern. Anyone in the sales stage before.
213  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] THRIVE - 4M THRT REWARD | OVER 2M $ 🔥🔥 on: March 04, 2018, 05:58:45 PM
Week 12#, 26/02-04/03
Facebook frofile: https://www.facebook.com/ban.cuong.7 ( 400 friends and 700 real follow )

* Shares Likes and Comments :

27/02: https://www.facebook.com/ban.cuong.7/posts/917567875077270
28/02: https://www.facebook.com/ban.cuong.7/posts/918054928361898
01/03: https://www.facebook.com/ban.cuong.7/posts/918647921635932
02/03: https://www.facebook.com/ban.cuong.7/posts/919151841585540
03/03: https://www.facebook.com/ban.cuong.7/posts/919773174856740

* Post:
28/02: https://www.facebook.com/photo.php?fbid=918340941666630&set=a.141095492724516.1073741826.100004721978230&type=3


Twitter: https://twitter.com/HarrisPay

* Reweets, likes  and comments :

27/02: https://twitter.com/HarrisPay/status/968353716041641984
28/02: https://twitter.com/HarrisPay/status/968672559725244416
01/03: https://twitter.com/HarrisPay/status/969062428079091712
02/03: https://twitter.com/HarrisPay/status/969401811395264513
03/03: https://twitter.com/HarrisPay/status/969814890222272513


* Tweet:
01/03:  https://twitter.com/HarrisPay/status/969402016853245952

ETH Wallet: 0x3784f0ed554c5cf26f4444b52f3ce7efd3b7c6c1
214  Other / Beginners & Help / Re: Is Bitcoin legal? on: March 04, 2018, 04:00:43 PM
* Bitcoin is currently the most widely used currency in the world , many Bitcoin investors when they first learn about Bitcoin are asking such questions as " "Bitcoin is scam or multi-level?", leading to the fear of trading Bitcoin. Many people seek self-regulation of Bitcoin, the Bitcoin business

* Is Bitcoin the virtual currency? Is there any other name?

According to the California-Irvine College of Technology and Financial Studies, there is a lot of controversy over this bitcoin virtual currency, especially about its name, how it is called, in its names, each expert. There is a way to call this currency such as: digital currency, digital currency, virtual currency, electronic currency, or cryptocurrency.

With the inventor of this kind of money, Satoshi Nakamoto, he calls Bitcoin money electronic cash, cash is understood in English as conventional money, it is like some kind of cash in casino that conveys its value through color In Satoshi's opinion, it is a conventional electronic money. It is not a multi-level fraud scheme that is simply unlawful, but not prohibited, of course Bitcoin trading, bitcoin digging is also not breaking the law.
215  Alternate cryptocurrencies / Altcoin Discussion / Re: How to known a Scam ICO on: March 03, 2018, 03:14:10 PM
How to identify a good or bad ICO project. Pham Anh Quang August 25, 2017
What is a good ICO project?

This depends on each particular project, and the whole team behind that project. Selecting a good ICO is an extremely lucky option for investors.

A good example is Storjcoin. Storjcoins are the tokens, which are released by Storj.io in its ICO. Storj.io is a distributed cloud storage application, and when its main product is released, users will be able to spend Storjcoins on the storage space, in addition to being able to trade them like any other. other coin.

Another prominent example is Ethereum, which was sold at a starting price of only 0.005 BTC, and now you can see its growth potential. Ethereum is a platform for building decentralized applications of all kinds. The cards of the company called Ethers are actively used to maintain the operation of the applications that were built on the smart contract platform.

In theory, the ICO code can be used for anything, similar to Ethereum. The scope of use may be dependent on the scope of the project.

To choose a good ICO project we need to find out about the coin
For example you can go to coinmarketcap.com to find out, then you view its webisite to know about the value of coin. The point in it should be clear blockchain, have cold storage as possible.

How to spot a bad ICO?

There are some signs of a potentially fraudulent ICO: anonymous developers, lack of wallet and unclear or unrealistic goals. The development team has no outstanding biography, or ghost biography.

The cryptocurrency community has had to face some ICO scams in the past few years. Most of these campaigns will be flagged red, and by detecting you can avoid potential companies:

The developers of the project are either unknown or not known to the community. If the people behind an ICO are not very reputable, the chances of them operating a scam ICO is quite large.

No donation wallet for donations. If all the contributions of donors are concentrated in the hands of the project owner, there is nothing to prevent them from running away with money.

Unrealistic / ambiguous goals. When a project has no clear road map, in fact, it means that the people behind it do not know what they are doing, preferably. At worst, they do not really care because they do not really do anything.

Lack of transparency. Today, showing the stages being performed in your project to the audience is considered an industry standard in crypto. If developers do not release code, demo / beta versions of their product, behind-the-scenes video or other types of reports on their progress, maybe they have nothing to show.

If you have found an ICO campaign that displays any of the above, and especially any combination thereof, it is best to avoid contributing money to it.
216  Other / Beginners & Help / Re: im a beginner on: March 03, 2018, 02:47:47 PM
Yes, Ofcourse
Surely many people using the money will hear information like MyEtherWallet but to know and use it is a problem, in this article you will understand more about detailed MyEtherWallet details.
Before talking about MEW, reiterate Ethereum ETH a high currency, one of which altcoin the top 2 is limited technology and many investments. So myetherwallet was born in 2015 and this is one of the most used ethereum by its features and security.

What is Myetherwallet.com?

There are now many Ethereal in each of the many different characteristics, such as Coinbase, Blockchain.info, Jaxx, Coinpayments, but Myetherwallet has a distinct distinction that ETH stores all the token builds on EAT. platform.
If you look at coinmarketcap.com, nearly 100 coins are generated from the ETH platform so just one example of Myetherwallet (MEW) can hold all.
Myetherwallet does not store ETH and Tokens on their servers, allowing you to create a single address that saves you all data and executes transactions on Ethereum through their nodes. Consequently, your ETH number gets whole even if the MyEtherwallet site does not work.
The difference is that MyEtherWallet can receive offline transactions, ie when no network just have tools can use for example to send money to anyone
217  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] THRIVE - 4M THRT REWARD | OVER 2M $ 🔥🔥 on: March 03, 2018, 06:21:50 AM
Facebook frofile: https://www.facebook.com/ban.cuong.7 ( 400 friends and 700 real follow )

* Shares Likes and Comments :

27/02: https://www.facebook.com/ban.cuong.7/posts/917567875077270
28/02: https://www.facebook.com/ban.cuong.7/posts/918054928361898
01/03: https://www.facebook.com/ban.cuong.7/posts/918647921635932
02/03: https://www.facebook.com/ban.cuong.7/posts/919151841585540
03/03: https://www.facebook.com/ban.cuong.7/posts/919773174856740

* Post:
28/02: https://www.facebook.com/photo.php?fbid=918340941666630&set=a.141095492724516.1073741826.100004721978230&type=3


Twitter: https://twitter.com/HarrisPay

* Reweets, likes  and comments :

27/02: https://twitter.com/HarrisPay/status/968353716041641984
28/02: https://twitter.com/HarrisPay/status/968672559725244416
01/03: https://twitter.com/HarrisPay/status/969062428079091712
02/03: https://twitter.com/HarrisPay/status/969401811395264513
03/03: https://twitter.com/HarrisPay/status/969814890222272513


* Tweet:
01/03:  https://twitter.com/HarrisPay/status/969402016853245952

ETH Wallet: 0x3784f0ed554c5cf26f4444b52f3ce7efd3b7c6c1



218  Other / Beginners & Help / Re: About Bitcoin ( BTC ) on: March 02, 2018, 04:55:01 AM
thank you ^^


no problem girl Cheesy
219  Other / Beginners & Help / About Bitcoin ( BTC ) on: March 02, 2018, 04:14:55 AM
1. Advantages of bitcoin.
It can be said that bitcoin was born as a revolution in electronic payment when its advantages were enormous:

Convenience in trading: If you notice any intermediaries, they have a limit on transfer and receive money in the day. But with BITCOIN no, you can send an unlimited number of bitcoin to your friends, relatives. No matter where they are in the world. And you can send at any time, no one can manage the amount you send.
Safety and security: Every BITCOIN transaction can be done and completed without any personal information. Transaction information is displayed but your identity is completely confidential.
It can not be counterfeited: The cost of checking the quality of gold is very high, and the verification of BITCOIN does not cost anything, and it is true that bitcoin can not be faked because it does not exist in the physical form.
Extremely low transaction costs: There are no transactional intermediaries, only transaction processing fees, but it is not worth much.
Environmental protection: No chemicals or paper. BITCOIN's computer processing system consumes less electricity than the current financial system.
Ecommerce Potential: Every transaction of BITCOIN is completely anonymous and can not be reversed, so for sellers, they can be assured of fraud.
2. Cons of bitcoin.
Along with these advantages, BITCOIN will also have some disadvantages such as:

Not many users: The fact is that people, especially those who do not grow as much as Vietnam, are accustomed to using currencies, gold and silver. And they do not know much about electronic money. Along with that many famous newspapers have negative posts about this money (I will explain later) so people are very cautious and have many worries when using BITCOIN.
Somewhat difficult to use: To use BITCOIN, you need to create a wallet bitcoin, the operation must be done on the computer. For those who are technologically unattractive without guidance, it is difficult for them to do this themselves, and there is a risk of fraud.
Criminals, hackers, money laundering: Because of the anonymity of bitcoin and uncontrolled crime, criminals can use this money as a trading method. Hackers may be trying to attack multiple bitcoins to steal large amounts of money and money laundering can happen easily.
220  Other / Beginners & Help / Re: What is smart contract for coins on: March 02, 2018, 04:06:45 AM
This is the theory based on my experience:

1. Smart contract?
A smart contract is a set of contract management rules.

A smart contract is a special set of protocols that aim to contribute, validate, or negotiate and execute a contract. Smart contract allows us to execute transactions without a third party. These transactions are easily traced and can not be tampered with or reversed. Intelligent contracts contain in their entirety the details of the terms and perform them automatically.

2. Smart contract appearance?
This idea was originally presented by computer scientist and mathematician Nick Szabo in 1994.

He pointed out the main operational principles, but at the time there was not enough means and environment to realize all. But things have changed with the birth and development of Blockchain technology. Bitcoin has laid the foundations for building contracts on Blockchain. However, it is still not enough to satisfy all requirements. Only when Ethereum appeared, the idea of ​​a new smart contract was made available to all users, providing a new way to set up a contract.

How does Smart Contract work?
The operating principle of a smart contract can be compared to a vending machine.

They only execute commands that have been pre-programmed.

First, assets and terms of contract are encrypted and transferred to a Blockchain block. This smart contract will then be distributed and copied by the nodes that operate on that platform. Once the order has been received, the contract will be implemented in accordance with the predefined terms. At the same time, the smart contract will also automatically check the implementation of contractual commitments

4. What do I need to do to be able to set up a smart contract?
To set up a smart contract, you need:

• Subcontractor: The program must be given access to the product / service listed in the contract so that it can be automatically locked or unlocked.

• E-signatures: All parties agree to implement the agreement by their private key.

• Terms of Contract: The terms of a smart contract form a series of activities. The parties to the contract must sign to accept it.

• Distributed Platform: Smart contract upon completion will be uploaded to Blockchain of the corresponding distribution platform and distributed to the node of the platform.

5. How to implement smart contract in real life?
Smart contracts can be integrated into many areas.

• Election: The ballot results will be sent to Blockchain and distributed to the nodes in the network. All data will be encrypted and completely anonymous. This method can eliminate conspiracy to manipulate the election.

Logistics: As we all know, the supply chain where a system extends and consists of many different links. Each affiliate needs to be confirmed by the former to be eligible to perform part of their work under the contract. This is a long and inefficient process, but with a smart contract, each participating unit can track workflows to complete tasks on time. Smart contract guarantees transparency in terms of contracts, fraud prevention. It can also provide us with the ability to monitor the delivery process if it is integrated with the Internet of Things.

There are countless other applications, such as management, banking, insurance, real estate, and so on.

6. What are the benefits of Smart contract?
Smart contract uses all the strengths of Blockchain technology.

• Security: Smart contracts are encrypted and distributed to nodes. This ensures that it will not be lost or modified without your permission.

• Economical and quick: Most stages are automated, and almost completely eliminated by intermediaries.

• Standardization: There are now a number of different types of smart contracts. Users can choose a style and change to best suit their needs.

7. What is a Smart Contract limitation?
Intelligence is not perfect.

Here are some of the outstanding defects of the smart contract:

Human Factors: Because the entire code is written by humans, they can still make mistakes. If a smart contract has been uploaded to Blockchain, developers will not be able to change it. A well-known example of the human factor is the DAO event. The development team's programming error was discovered and exploited by some hackers, which plundered up to $ 60 million of user funds.

• Unclear legal status: Currently, the smart contract has not been managed by any government. Therefore, there is potential for contradictions if management institutions decide to set up a new legal framework for this form of intelligent contract.

• Cost of implementation: Smart contract can not be created without the need for programming. It is therefore essential to have a seasoned programmer in the development team to minimize potential contract mistakes and secure the company's infrastructure. Enjoy with Blockchain technology.
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!