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Are boon coin transferable?
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How do you solve cryptocurrency liquidation problem on the Boon Tech Platform?
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Wow! $500K Bounty. Very Big of its Kind. You only accept ethereum wallet to participate in the program?
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What are the factors to be considered while creating Boon Dollars?
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Only top employers and freelancers will get rewarded with Boon Coin? Is the review the main criteria to analyze one user is a top employer or freelancer?
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Is boon has its own wallet? How much time will it take to transfer from escrow to the freelancer's wallet?
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What are the advantages of a Boon Coin?
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How do you implement scalability in the Boon Tech?
We have a platform which has a scalable architecture CodeIgniter. That's the most popular MVC architecture and tested so thoroughly with numerous business. We use AWS for hosting, which is the most scalable platform now available. This is the technical side. I believe you are asking about the technical scalability correct? That is really wonderful. is there any difference between Ethlance in terms of Scalablily?
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I have been working as a freelancer for last 10 years with upwork. In what ways you think blockchain has advantages over Legacy Fiat based platforms? If it is only the patent pending technology then why an investor should go for Boon Tech? As I know the commission is the income of the upwork or freeelancer. How the boon tech is making money if it is not charging any penny?
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What does being a member in EEA means?
EEA is Enterprise Ethereum Alliance, a group of big-name enterprise companies that have banded together to research corporate applications for Ethereum technology. What benefit the investor will get if the ICO is a member of EEA or it is only an affiliation with the group? Well, Boon being a member of EEA is like having an affiliation with IEEE, Google, Microsoft in the Ethereum world. EEA membership means the project is trustable and has a wide application in the future perspective. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts.Together, EEA will learn from and build upon the only smart contract supporting blockchain currently running in real-world production Ok...I understood, So you are saying it is only an affiliation. No benefit for investor point of view? No No, Affiliation is one thing and benefit is another. There is always a benefit involved when you invest in a project which is developed by someone who is an EEA member. It is the world's largest blockchain consortium. How many such ICO's can you see who are a member of EEA?
I am not questioning the sanctity of the consortium or affiliation. Being associated with such big group is an advantage for every project. But still you are slipping away from my question. I would like to know in what ways the investor will be benefited if he invested in EEA affiliated project? If an investor go for a non-EEA project How it will affect him adversely? Answer is there in your question itself Investor is not just investing in the Boon coin, they are investing in the project, The project has a potential since it is already associated with EEA, so you are investing in a project with a huge potential, in addition to that there is a patent pending technology which is involved to deal with the volatility and liquidity involved in the cryptocurrency. The technology developed itself is the proof that project is in accordance with the EEA objectives. So it is an added benefit, definitely investing in a non - EEA project doesnt not affect him adversly, but anyone can come up with a non EEA project but not EEA project.
Oliver.You are saying that if the project has a good technology then, it is not necessary that it should be a member of EEA. People will easily invest in those projects having backbone like technology and experienced team. Any way, the technology involved in boon coin to eliminate the volatility ans liquidity in the cryptocurrency market should be appreciable.
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What does being a member in EEA means?
EEA is Enterprise Ethereum Alliance, a group of big-name enterprise companies that have banded together to research corporate applications for Ethereum technology. What benefit the investor will get if the ICO is a member of EEA or it is only an affiliation with the group? Well, Boon being a member of EEA is like having an affiliation with IEEE, Google, Microsoft in the Ethereum world. EEA membership means the project is trustable and has a wide application in the future perspective. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts.Together, EEA will learn from and build upon the only smart contract supporting blockchain currently running in real-world production Ok...I understood, SO you are saying it is only an affiliation. No benefit for investor point of view? No No, Affiliation is one thing and benefit is another. There is always a benefit involved when you invest in a project which is developed by someone who is an EEA member. It is the world's largest blockchain consortium. How many such ICO's can you see who are a member of EEA?
I am not questioning the sanctity of the consortium or affiliation. Being associated with such big group is an advantage for every project. But still you are slipping away from my question. I would like to know in what ways the investor will be benefited if he invested in EEA affiliated project? If an investor go for a non-EEA project How it will affect him adversely?
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What does being a member in EEA means?
EEA is Enterprise Ethereum Alliance, a group of big-name enterprise companies that have banded together to research corporate applications for Ethereum technology. What benefit the investor will get if the ICO is a member of EEA or it is only an affiliation with the group? Well, Boon being a member of EEA is like having an affiliation with IEEE, Google, Microsoft in the Ethereum world. EEA membership means the project is trustable and has a wide application in the future perspective. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts.Together, EEA will learn from and build upon the only smart contract supporting blockchain currently running in real-world production Ok...I understood, SO you are saying it is only an affiliation. No benefit for investor point of view?
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What does being a member in EEA means?
EEA is Enterprise Ethereum Alliance, a group of big-name enterprise companies that have banded together to research corporate applications for Ethereum technology. What benefit the investor will get if the ICO is a member of EEA or it is only an affiliation with the group?
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What does being a member in EEA means?
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Wow! $500K Bounty! Really Wonderful. I would like to take part in this. Mission starts now!
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Being a traditional freelancer for last 10 years I have come across this new decentralized freelance job marketplace recently. There is a lot of ICO available in this niche. I have gone through your information and would like to know more about patent technology and What parameters and factors you will consider controlling the volatility in the cryptocurrency market?
I think the technology let the employers pay the freelancer the same amount it was released and not depending upon the cryptocurrency fluctuations. If it is that it will be a great project. But still, I would like to know what exactly happened in the background. In what way freelancers are beneficial when compared to traditional or other blockchain based freelance sites? Can all the freelancers earn rewards?
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Being a traditional freelancer for last 10 years I have come across this new decentralized freelance job marketplace recently. There is a lot of ICO available in this niche. I have gone through your information and would like to know more about patent technology and What parameters and factors you will consider controlling the volatility in the cryptocurrency market?
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When The ICO is going to start?
I think Token Sale starts on December 15 As per their website pre-sale bonus of 25% is running. Making a study on their project will be back with the details later.
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What is Bitcoin mining? Bitcoin mining requires a computer and a special program. Miners will use this program and a lot of computer resources to compete with other miners in solving complicated mathematical problems. About every ten minutes, they will try to solve a block that has the latest transaction data in it, using cryptographic hash functions.
What are Hash Functions?
A cryptographic hash function is an essentially one-way encryption without a key. It takes an input and returns a seemingly random, but fixed length hash value. For example, if you use Movable Type’s SHA-256 Cryptographic Hash Algorithm:
Message: How does mining work? Hash Value: 46550fef 26f87ddd 5e15407f 45a0b8d2 9513291c 4e0f0acc 24a974de 907a1569
If you change even one letter of the original input, a completely different hash value will be returned. This randomness makes it impossible to predict what the output will be.
Who Are Bitcoin Miners?
Initially, bitcoin miners were just cryptography enthusiasts. People who were interested in the project and used their spare computer power to validate the blockchain so that they could be rewarded with bitcoin. As the value of bitcoin has gone up, more people have seen mining as a potential business, investing in warehouses and hardware to mine as many bitcoin as possible. These warehouses are generally set up in areas with low electricity prices, to further reduce their costs. With these economies of scale, it has made it more difficult for hobbyists to profit from Bitcoin mining, although there are still many who do it for fun.
Thank you very much for the detailed answer. Now I got some idea about Bitcoin Mining Thanks Buddy!
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