Successful ICO stories are everywhere however no catastrophic ICO is largely known.

Do you know some near zero or zero ICOs?

Add it below!

Thx guys, will try them.

What about security? Are these the same as exchanges or decentralized?

What do you recommend as a good, preferably DECENTRALISED mobile wallet for ethereum and erc20?

So we experience a lack of geniuses now

Even haters kind of dissapeared

Anonimity with decentralized currencies is questionable because of the simple fact that transactions are public. I don't think that is a real concern tho when comparing to fundamental benefits. Can you give examples of cases when anonimity is of real use?

btw, there are lots of centralized coins trading by rules of supply and demand (apparently) in the top 100 coinmarketcap. They simply have other points of centralization.

You are refering to the rules of free market price formation, I covered this in the post, if you find something you don't agree or feel some information is missed on that subject you could help improve that.

Hi. I covered this subject in the post. In fact I was trying to explain that skipping the midle men is not the only benefit of crypto. If you find something you dissagree or think is incomplete please let me know so that I edit it for future readers.

I felt there is a need for a fundamental analysis on this matter as there are miryads of questions from crypto enthusiasts that reveal a pure lack of understanding the benefits of decentralization.
I am asking you to debate the article where you feel the need to and complement the info you feel a lack of.

Please don't quote the long post  

The actual post below          |
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https://www.digipulse.io/ is a crypto will but it is NOT fully decentralized, it relies on a server sending emails to your trusted parties and some form of online lawyers managing the transition of DIGITAL assets not only crypto. So mostly for digital asset (social accounts, cloud storage etc) transition, NOT crypto it could be worth it. In other cases no difference from lawyers, hopefully better UX.

https://safehaven.io/ is another such service, the only thing it does it frezez your funds in an account and divides the private key between your chosen heirs + their validator )) very funny IMHO ) you give their validator the power to blackmail your heirs because without his part of the private key they cannot cooperate to unlock the money.

All of the traditional lawyer/will proposals are obviously involving a HUMAN whom you dont know and who has the power to decide what to do with  your will, so I would be cautious with the info you provide.
In case you still are choosing this path most rationally would be to pay the lawyer a small amount upfront and the larger amount upon the completion of his part of the deal (include a payment for him in the testament that can be done from your account only by your heirs).

1/ As you correctly stated, the core is in decentralization. This means that a centralized wallet compromises the benefits of crypto while a decentralized one i simply a tool to ease your life. When talking of bitcoin there is no possibility of coding smth decentralized but on ethereum you can.
2/ Involving a trusted party is against the logic of crypto, it is trustless interactions that crypto is aiming to achieve.


Mistakes are not alowed in crypto that is why you must put your most valuable organ to work

Видел они пытаются быть прозрачнее.

На сколько я понимаю главная причина появления TrueUSD и Tether в проблемах бирж в открытий банковских счетов, другово применения вроде как они не имеют, или я чтото пропустил?

A decentralized solution to program a transaction event is the smart contract. The issue is that all info is completely transparent, so should you want to encode personal info it instantly becomes public.
A solution would be separation of transaction data and sensitive info (heirs data, personal data) so that personal data could not be linked to the account and thus make it loose anonymity.

But is it necessary to have personal data on the blockchain if one (inheritant) could simply gain access to the main account if the donator hasn`t been logged in for lets say 1 year? Looks somehow similar to current lawyer solution  (with death certificate being issued and some law stuff completed takes somee time) only no third party included.

However by using this type of account for everyday transactions you and youre family are kind of secure from the day you start to use it and dont have to postpone infinitely the awkward moment of making that will and communicating everybody or going to a lawyer. 

What drawbacks do you see?

I think you meant 2 sets of keys divided into 2 pieces each (4 pieces total) can protect you against theft of 1 piece.

It does seem as quite reliable, but there is the posibility of a trusted party using the coins without youre agreement, like before you loose access to youre account. Might be a problem in many cases.

This whole proces implies a lot of trust factor so I think that trust factor is the one that should be minimized or idealy deleted from the equation.



I updated the first post according to your responses.

Since crypto enables us to have trustless relationships (and that IS a key feature of cryptocurrency) I think it's not a good idea to hand over your private key to some third party (lawyer). It is a solution but it is an old fashioned one and the security of that is doubdtfull.



Do you have a link to that project?

As it sounds to be done in a decentralized fashion it could be interesting.

Silly question right?
Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks.

Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell.
Some like:
* death... obviously
* house burns down along with hard wallet
* one can accidently loose his cold storage or hard wallet
* maybe other you figure out and I add them

So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks?


UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at lawyers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO.

What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of such a product. But again I realy do think it should be built decentralized and trustless.

UPDATE 2: What do you think of a smart wallet that can release the money to a specified address (inheritant) if the primary owner does not log in for 1 year?

I dont think its normal to limit cryptocurrency due to its use in some illegal actions, it is normal to search for the criminals ( you dont ban cars because they were used in a bank robbery).



No regulation doesnt mean non-recognition ( if I dont have a law stating that yellow dogs are alowed to enter the city => yellow dogs can still enter the city ).

Could you detail a bit on money laundering thing, is it legally necessary to ask for ID for ANY transaction over a certain amount? And what precise amount, if you are aware?

This was an evaluation of possiblities for crypto circulating. In terms of user experience, restraints of free exchange are an issue. However they do not overcome benefits of crypto by the tyniest bit.


My logic: Electricity povider has full control over powerline throughput (you can not use unlimited mwh in your house due to powerline limitations) so it has full control over its business, and it can refuse you (due to technical issues) if you solicit an increase in power usage, or try and increase electricity production (due to numerous solicitations). Question: where do authorities fit here?