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Tensor algorithms play an important role in AI.
So Eiyaro could be one of the projects that time AI development.
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Addendum, there is block confirmation, but we will implement instant trading in other ways. (Our goal is a decentralised instantly tradable coin)
The implementation method and security are still being validated, and the reason for coming to the survey is also to confirm whether the market needs instantly tradable blockchain coins.
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Just a little survey, thanks!
Sorry for not being clear before.
Premise, blockchain decentralisation
Instant transaction means:
A sends coins to B.
B receives these coins directly
"without waiting for a block confirmation".
It just changes the block confirmation method.
We're trying to do all this with a new model, a new way of thinking.
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There are a lot of cryptocurrencies on the market right now, from those that focus on privacy to those that focus on development.
What other features or technologies are out there that people are hoping to get?
More liquidized and more decentralized like bitcoins because this is the only way to overcome other competitors nowadays especially those who are starting to make their own crypto projects. the market has gone too far now and they should have come up with new valid things that are not only imaginations in their roadmaps which most likely are not true. What we need today are cryptocurrencies that cannot budge whatever the SEC does to them and they cannot do something about it except it is illegal internationally but as I said, if they can make another like bitcoins and have some advanced features and kinds of stuff and also being decentralized, it would be better. Thank you for your advice. |
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It's perfectly fine for you to continue to hold on to your old ideas, times are changing and people's needs are increasing.
Technology is also getting newer.
If you jump to the conclusion that it's a scam just because I'm trying to understand the needs of the market, then your advice and statements are meaningless to anyone else.
If you disagree with my opinion, it's mean you're already know the answer and you want to create your own altcoin, then why do you need to ask? The fact is there are active contributors in Bitcoin's development until now, the project isn't abandoned and continue to give a solution about the scalability issue. If you say your project will fix scalability issue, you're wrong. Your project is still new and either no or tiny volume, unlike Bitcoin. It's like, I ask people if the market needs new flavours of pizza and you guys say that there are enough pizza flavours on the market and that you're creating new flavours just to rip people off. |
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It's perfectly fine for you to continue to hold on to your old ideas, times are changing and people's needs are increasing.
Technology is also getting newer.
If you jump to the conclusion that it's a scam just because I'm trying to understand the needs of the market, then your advice and statements are meaningless to anyone else.
If you disagree with my opinion, it's mean you're already know the answer and you want to create your own altcoin, then why do you need to ask? The fact is there are active contributors in Bitcoin's development until now, the project isn't abandoned and continue to give a solution about the scalability issue. If you say your project will fix scalability issue, you're wrong. Your project is still new and either no or tiny volume, unlike Bitcoin. I'm just enquiring about market demand and you're calling me a fraud. Is it reasonable to make baseless accusations? |
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There are nothing feature or technologies are people hoping from investing in altcoin or bitcoin except with focus profitable only, not important when any altcoin or bitcoin have real feature or technologies adopted at the future because investor goals how to earn profit as much possible with their cryptocurrencies investment. Right now there are not any altcoin or bitcoin with real production and investors not get feature after investing in cryptocurrencies except profit only, as needed by investor how faster price up from altcoin or bitcoin investment than hope or expected with feature or technologies will adopt by cryptocurrency in the future.
Not in my mind when investing in cryptocurrency expected any feature or technology hoping, my goal when investing in bitcoin or altcoin how possible to earn profit only.
This is indeed a widespread phenomenon at present. |
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I just do market research, collect available suggestions and incorporate them into my own projects.
You don't have to reply if you don't think it's necessary, there's no need for attacks and false accusations.
Thanks!
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There are a lot of cryptocurrencies on the market right now, from those that focus on privacy to those that focus on development.
What other features or technologies are out there that people are hoping to get?
Feeless (minimal fee) and quick transactions would be a good selling points for cryptocurrency of the future. NANO, BANANO are some decent examples but we specially need them as utility tokens for dapps and dex. No one would mind paying a minimal fee like a cent when the transaction are fast but our current options have an ever changing fees and the congestion increases when there's a market trend. So, I believe a ETH competitor with a fixed minimal fee and quick transactions is what we all expect. Thank you very much for the suggestion, I will gather this information. |
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Nothing.
If someone want a decentralized coin, pseudonymous, high security and will never turn become a scam coin, they can choose Bitcoin.
If someone want a privacy oriented coin and completely anonymous, they can choose Monero.
If someone want a centralized coin and there's a chance the project turn become scam, they can choose any coins including the coin you created e.g. MundoCoin.
It's perfectly fine for you to continue to hold on to your old ideas, times are changing and people's needs are increasing. Technology is also getting newer. If you jump to the conclusion that it's a scam just because I'm trying to understand the needs of the market, then your advice and statements are meaningless to anyone else. |
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There are a lot of cryptocurrencies on the market right now, from those that focus on privacy to those that focus on development.
What other features or technologies are out there that people are hoping to get?
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1) check the smart contract for be sure the transaction is not by same amount or same address
2) check the history of the community (past project)
3) avoid a bep 20 (the most scamming project is here)
4) search in your mind if this coin can have a potential utility on real life
5) try to never go all’in on a project, invest only the money that aren’t important for you and you can afford to lose.
Thank you for your advice. |
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In my opinion, there are many reasons that restrict the performance of POW coin, such as bandwidth, storage space, memory size, CPU performance and so on. But these are not the most critical factors, the block time is the key factor.
Nowadays, most POW coins are packaged by a very small number of mining pools and large miners. However, we do not think that this will weaken the decentralization and security of POW coins. So can we also think that even if running a full node requires higher-performance hardware, making most PCs unable to run a full node will not weaken decentralization and security too much.
If the above assumptions are correct, then bandwidth, storage space, memory and CPU performance are no longer bottlenecks, and we can significantly increase the block size to improve TPS. For example, if we limit the annual storage space growth of the blockchain to less than 100T, then it is possible to get 10,000 TPS.
In this case, the block time will become a bottleneck. If the block time can be shortened to 1 second, the transfer process will be very smooth. Imagine that the TPS of a POW coin is 10,000, and the block confirmation time is only 1 second, how exciting that is!
So, is there a way we can get the block times so short?
This is an idea we have conceptualised before, but now we don't think so, we are looking for other ways to enable instant trading and have found a preliminary solution, which we are verifying for its feasibility and security. |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Most of those new projects honestly just have some new innovative roadmap designs and some interesting ideas so that they can attract their investors with it. You cannot just simply rely on that because that's not enough nowadays and probably they just copied what they were saying in their roadmaps and just simplified or they were just lying about it. This is their deception and the worst of the matter is, that you only find that out too late when they start to delay what they were saying in those roadmaps and you cannot do anything about it but wait and hope for progress when you already invested your money. Understand that it depends on the ability to implement what's in the white paper. Rather than just shouting slogans. |
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Before you buy any good token, research how long it has been operating and marketed. Remember there is no end to the observation and you can continue researching for as long as you want because your capital is in your pocket and there is no fear of losing it. So research independently if the token is not doing well then don't be able to buy. Moreover no one can take your money by force from the investor.
but sometimes some altcoins that have existed for quite some time might already reached its peak, to be frank here, so many new altcoins nowadays are instead of slowly raising their value over the course of the year, instead they are hitting their peak at the very beginning of their listing, take example many coins like sui, and most recently is sei. usually they are hitting their all time high once they hit the exchanges and then goes down hill from there. so I guess at this point the duration in which they have been out in the market become irrelevant when we are seeking about the profits that they could potentially generates. I'd say we should look and judge in regards of the worthiness of these coins in general from the other perspective. Indeed, many new coins stood at the top as soon as they were born. I think the reason why the price will continue to fall, the main reason is that the technical aspects or development prospects may not meet the expectations of investors, take Ether as an example, the price soared all the way, although the current price is not the highest point, but we all know in our hearts that the price of the next bull market may still be raised. |
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Unfortunately, the majority of new coins are a complete gamble because a great number of them serve no purpose or are scam coins based on the pump and dump scheme. Generally, you'll need to read their whitepaper, see what the project's goals are, and most importantly, are they feasible, or are we talking about a panacea that can't be implemented in the real world? Are the developers organized, and is there a community that supports this project? All these questions play a vital role in determining if a new coin is worth investing in.
I'm not really into altcoins and investing in new projects because I can't bother researching if it's worth it or not; thus, I tend to stick to Bitcoin. However, Binance recently listed SEI and Cyber, both of which look promising, and I decided to involve myself in farming them. Binance also usually lists projects that aren't scam schemes, so you may want to be on the lookout for any other coins that might enter their launchpad.
BTC is the benchmark in this field! The reason why Binance has fewer scam projects is because of their strict vetting mechanism but also because of the expensive fees (scam projects, maybe he doesn't need to do a scam if there's enough money -lol). Apart from the expensive fees, Binance has some requirements that need to be met in order for them to promote a new coin and ultimately list it. That doesn't necessarily mean that every new coin that is listed on Binance is worthy of investing in, but at least some of the research and work you would have done yourself has already been done by a corporation. On top of that, Binance, due to its promotions, creates a short hype when a coin is released. If you have participated in their presale or during their farming period through their launchpad, chances are that its launch will be hyped, something that you can take advantage of. Thanks for the advice. |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
I'll check the capability of the creator and the developers, behind a great innovation are people who are capable of making this happens, I'll check the whitepaper and the roadmap, and if possible and I'm hoping that there is no crowdfunding involved, a completely new technology can easily get in on exchanges so there is no need of funding to get in on exchanges so I can invest through exchanges, Many investors get frustrated when the coin they've invested fails to get on top exchanges. I prefer to invest when the coin/token is already in exchange rather than crowdfunding because of my bad experiences with ICO where the price is very cheap when it is the market rather than on their ICO. Yes, a developer with a lot of experience is the cornerstone of the implementation of the technology. |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
If it is having a differentiating factor, it can be a good bet. Like, there are some privacy coins which are suited for different type oof audience. Same way , if there is some other coin which is targeting some other problem being faced by crypto users, it can be success. Other factors matter as well though. Like the team behind the coin. You should do a thorough research about the team behind the coin. Most of the scam coins have imaginary people in their team as their end goal is to run away with the money invested by investors in the coin. Indeed. Agreed. |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
There is never an easy answer to this one otherwise everyone would nail it. You really need to either do an insane amount of research or just gamble and know there is a good chance you might lose all of that investment. Start following smart people amd check our their recommendations and go from there. Unfortunately, the majority of new coins are a complete gamble because a great number of them serve no purpose or are scam coins based on the pump and dump scheme. Generally, you'll need to read their whitepaper, see what the project's goals are, and most importantly, are they feasible, or are we talking about a panacea that can't be implemented in the real world? Are the developers organized, and is there a community that supports this project? All these questions play a vital role in determining if a new coin is worth investing in. I'm not really into altcoins and investing in new projects because I can't bother researching if it's worth it or not; thus, I tend to stick to Bitcoin. However, Binance recently listed SEI and Cyber, both of which look promising, and I decided to involve myself in farming them. Binance also usually lists projects that aren't scam schemes, so you may want to be on the lookout for any other coins that might enter their launchpad. BTC is the benchmark in this field! The reason why Binance has fewer scam projects is because of their strict vetting mechanism but also because of the expensive fees (scam projects, maybe he doesn't need to do a scam if there's enough money -lol). |
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Our goal is a brand new coin (not token), not the regular POW and POS consensus mechanism, we refer to a lot of projects (including non-blockchain projects) before making the decision .
What would be the practical value of such a coin (aside from its unconventional consensus mechanism)? You previously mentioned, "If a coin is sustainable in the long term"... But how do you determine if a coin can truly withstand the long run? The market will ultimately dictate that. Yes (this smacks of advertising -lol), I'll briefly elaborate on the basic concepts: 1. an unconventional consensus mechanism (for now I'll call it cooperative proof - perhaps something similar already exists; it's achieved by each participant throughout the network verifying each other, sharing performance and resources, etc.). 2. since it's a cryptocurrency, it should have a fast and easy transaction feature, we tried to implement instant transactions (I know many projects have been working on this, but we wanted to go down a different path, maybe the right one, possibly a labyrinth; gotta try right?) I have a preliminary idea documented in the whitepaper and we will verify its feasibility! 3. Modular design, building an independent core architecture (PolyKerma - many coins), where each function is independent, and can eventually form a complete "Lego", yes this is what my developer partner is doing at the moment (he's a good developer and experienced programmer). Because of the modular design, there are infinite possibilities, as long as you have the idea and the ability to develop other functions to access the entire blockchain system (whether it's one layer or two layers or more, who knows). 4. Low-threshold, low-energy projects, POW requires a lot of energy, but also need to buy professional equipment, POS need to hold enough coins, both models for ordinary participants need to increase the cost. So we feel that we should give participants another option, which is why we will use an unconventional consensus mechanism. We introduce a mechanism Node + MinNode (MiniNode can use mobile phones to participate, this function can be understood as "disguised mining", but has nothing to do with the arithmetic power) |
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