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1  Alternate cryptocurrencies / Announcements (Altcoins) / QOOBER Blockchain - Main Info on: September 24, 2020, 03:52:22 PM
This review consists of important excerpts from the QOOBER White Paper and my personal inserts and comments.


Introduction
 
The development of the e-Commerce market is moving forward with impressive steps. Every day more and more spheres and areas of the world economy are moving to the Internet, and today it is almost impossible to find a large company that does not provide its services via the Internet. There is no doubt that electronic transactions will take a dominant position in world trade in the foreseeable future.
 
The benefits and benefits of using distributed systems have long been obvious to the public and every year there are more and more blockchain-based projects that simplify financial relationships between people, making them as transparent and reliable as possible.
Cutting-edge solutions based on innovative developments have always been what changed our world for the better. The emergence of new technologies that solve existing problems and challenges step by step only moves us forward. For this reason, it is extremely important to study and develop what we have now and create more advanced, reliable and modern products. The future comes where WE create it.


Let's talk about the state of the e-Commerce market
 
Online payments already occupy a significant market share. According to the German organization Statista, there are about 2 billion online shoppers worldwide. This means that almost a quarter of all people in the world shop online.
 
The bottleneck of online payments is banks, which may delay or reject money transfers for a number of reasons. In addition, when transferring funds abroad, banks convert customer funds several times, charging their own Commission for this, in addition to the main Commission for making an international payment. Another problem is the security of payments and trust between the parties. Due to different legal regulations, the payment may be frozen for a certain time or completely lost.
 
The digital alternative to cash developed by the QOOBER team is a global, blockchain-based system for converting fiat and cryptocurrency funds into the QOOB digital payment currency for trading and transfers to different parts of the world using Blockchain technology.
 
The system provides the creation of an automated cryptocurrency payment solution for everyday tasks and business expenses. QOOB coins can be used for transfers and payments of any complexity around the world.
Using the QOOBER blockchain for international transferring eliminates the possibility of payment delays or freezes. All operations are processed within one minute. Commissions are minimal and remain invisible even when transferring large amounts of money. The publicity of the blockchain solves the problem of distrust and the need for a guarantor. Government restrictions on cryptocurrencies are also a thing of the past, replaced by full or partial legalization.
 
The QOOBER blockchain also supports the paramining mechanism, which is an improved version of POS mining - an automatic increase in the number of QOOB coins stored in the wallet as a reward for passive support of the blockchain's health.
 
The QOOBER platform brings together users from all over the world to create a new ecosystem and take global e-Commerce to the next level.


Team
 
Surprisingly, sometimes the anonymity of developers or the lack of a strong media face at the head of the company is an undeniable advantage. Especially in the range of blockchain projects that promote decentralization.
 
Recently, there has been a growing interest in QOOBER among the crypto community as one of the solutions to current financial problems.
 
According to one version, it is caused by the idealization of the aim of developing the project through the efforts of the community, similar to the main cryptocurrency Bitcoin and its anonymous Creator Satoshi Nakamoto.
No less popular is the idea that the demand for the coin is caused by the rapid growth of its rate
 


 
Rate of the QOOB
 
The coin is trading on the major exchange BTC-ALPHA for about a month and has already managed to give its investors a lot of X's.
QOOB grew up on high volumes from 20 cents to $1.60 and, after a correction to 1.20, is again trading between $1 and $1.30 levels.
At the moment, the community expects the coin to continue growing to$ 5, but when buying this asset, everyone must independently determine the entry and exit points.
 

QOOB coin
 
The QOOB cryptocurrency is the core of the QOOBER blockchain, like most other digital currencies, it is protected from inflation due to predescribed and publicly known rules for creating new coins. No one, including developers, can create new coins the way Central banks around the world do. The market is pricing in the absence of a mindless issue will eventually determine the fair established value of the coins.
 
All QOOB coins were issued with the creation of the Genesis block. Premining was 10 million coins and to achieve the initial decentralization, a partial closed sale of coins to private investors was carried out. The total issue of QOOB coins will be 7 billion coins.
 
Initially generated 10,000,000 QOOB coins are distributed as follows:
 
Reward for the development team - 6,000,000
Distribution among private investors - 2,000,000
The development of network infrastructure and marketing - 2 000 000
Developers' coins are unfrozen in stages based on block marks in the blockchain, which means that developers can't get all the coins back and dramatically affect the price. All subsequent coins are created by paramining inside the blockchain.
 

Paramining
 
QOOBER uses a system in which each "coin" on the account can be considered as an Autonomous mining unit. The process is called paramining.
 
Its main advantage is that no network user can interfere with this mechanism and falsify new coins. The number of coins issued by the system is available for viewing in real time for each user. Paramining works on any wallet with a balance over 100 QOOB and automatically stops when the balance is equal to 1,000,000 QOOB.
 
The system of establishing referral connections without using any links is also applied. After creating a new wallet, the system records in the blockchain the creator of the first transaction and permanently establishes a referral link that cannot be changed this makes it easy to build global structures and increase the speed of mining new coins.
 
Paramining in QOOBER is a unique method of creating new coins by all users at the same time, regulated by 4 parameters:
1 - Number of coins in your personal wallet
2 - Difficulty of extraction coefficient
3 - Coefficient of the number of coins and followers
4 - Storage coefficient
 
The pace of paramining is linked to the speed of block generation. One block is generated in an average of one minute, i.e. approximately 1,440 blocks are generated per day.
 

Nodes
 
In addition to paramining users have the opportunity to earn on the creation of the master node.
 
A node is any simple wallet in the network of any cryptocurrency. In other words, it is a user. If this node is fully synchronized with the blockchain and kept online 24/7, it will become a Master node and begin to bring its owner a certain income by confirming transactions in the blockchain.
 
The conditions for mining QOOB cryptocurrency are quite simple: you need to download the node installer, install it on a 24/7 server, top up this wallet with 1000 QOOB, wait a day, enable forging, and you're done.
 
All installers are available in a special section on the site.
 

Conclusion
 
QOOBER's mission is:
- a world without slow and unreliable banks that exist for commissions;миp, в кoтopoм all
- exchange operations and transactions are cheap, instant and secure;
- a world where financial transactions are incredibly simple and easy.

The team created the QOOBER blockchain to solve most of the existing problems in the crypto segment and provide the world with a new generation of cryptocurrency and combine advanced technologies with everyday life.
 
Blockchain technology will become an essential part of our lives in the foreseeable future. Therefore, I believe that the task of developers is to create the largest integrated multifunctional service that will provide safe, reliable and professional services for investors and entrepreneurs around the world, and will contribute to the development of the digital industry as a whole.
 

I will be grateful for donates to the address: QOOB-EWLE-VQZQ-VYRH-CXX2Y.
2  Alternate cryptocurrencies / Mining (Altcoins) / The problem of QOOBER paramining on: September 07, 2020, 06:59:10 PM
Hello everyone, today I want to discuss the QOOBER project, the mechanism of its paramining, and a problem that seems obvious to me, but which for some reason no one is talking about it.

Let's start briefly about QOOBER: a very young project that was released about a month ago. They created their own blockchain designed for fast and inexpensive international transfers and financial transactions for business and everyday life. In addition, the cryptocurrency can be used to generate passive income on Paramining.

What is paramining? In fact, this is POS-mining with an increased reward due to the turnover of referrals, the duration of storage, and some other small things..) Buy coins, just keep them in your wallet and get Every Day Profit. Coins can be sold back at any time.

But there's a catch... Coin accrual for paramining is made with a balance of 100 coins or more! At the moment, it's about $100. For a normal investor, the amount is not so large, I agree. But many people will already find it weighty. In addition, look at the exchange rate of the coin: accelerated from 20 cents to the dollar in 10 days, X5! Where's the limit? If they started this way, this rally may continue for quite a long time. And each added cent to the price will affect on rising minimal threshold of paramining.

As a result, we have one simple thing: you either need to buy coins right now, or you will have to wait until third-party developers stick their projects on the blockchain, which will solve this issue.
3  Other / Meta / [SUGGESTION] Using Merit to Penalize Awarded Merits on: June 07, 2018, 07:28:47 AM
Hi Community,

I feel that merited community members should have the ability to penalize or 'deduct' merits from accounts that incur any wrongdoings (spam/scam/farming) on the forum. Of course, there must be a cap as to how much merit a member can penalize the other person.

The downside is that the merits would be effectively 'destroyed' from the ecosystem. Thereby the amount of merit distributed have to be more than the amount of destroyed merits.

P.S: I also published a guide on ICOs for noobs. Any feedback is greatly appreciated! https://bitcointalk.org/index.php?topic=4426797.msg39497626#msg39497626

What do you guys think?

4  Alternate cryptocurrencies / Announcements (Altcoins) / [GUIDE] Evaluating Initial Coin Offerings (ICOs) & Potential Scams on: June 06, 2018, 09:16:54 AM
Hi Community,

I am making a guide so that newbies or 'noobs' can rely on this guide to avoid potential scams and techniques commonly used by malicious actors. This guide also covers the points to consider when making the decision to invest in Initial Coin Offerings (ICOs), which are high risk investments in the crypto currency sphere.

Table of contents
[1.0] What are Initial Coin Offerings (ICOs)?
[1.1] The ICO Process
[1.2] Returns on Investments
[1.3] What is White listing / KYC / AML
[1.4] What is hard cap / soft cap
[1.5] Project Evaluation Metrics
[2.0] Possible Scam Techniques Used by Scammers

[1.0] What are Initial Coin Offerings (ICOs)?

Just like initial public offerings (IPO) in financial markets, Initial Coin Offerings (ICOs) seek to raise funds for their very own projects (usually blockchain projects) in a specified time frame determined by the organizer (organization). The main difference between the two is that IPOs is a form of regulated capital-raising process and complies to regulatory frameworks set up by the governing authority in a local jurisdiction. Firms raising capital through an IPO provide investors with shares or equity, effectively and legally making the investors the owners of the business.

On the flip side, ICOs is a form of unregulated capital-raising process (crowdfunding) that ANYBODY can set-up regardless of organization size, capital, and legal status. Organizations raising capital from ICOs need not require any permission or legal documentation compliance to the local authorities. ICOs usually DO NOT provide shares or equity to investors, and therefore, in the legal sense, investors are not the owners of the organization / firm.

[1.1] The ICO Process

The ICO process typically starts with the organization soliciting the public for contributions (or investors) as you like to call it. ICO typically starts and ends with the following flow of events:

1. Website and whitepaper, and [ANN] Announcement thread is published
2. Public / Private Pre-sale Begins
3. Public Sale Begins
4. ICO is closed

[1.2] Returns on Investments

Just like a typical IPO / equity in the financial market, an ICO is considered an even high form of risky investment assets. Returns can range from x0 (lose everything) to beyond (x100s and multiple folds - ethereum did this)! As always, do your own research (DYOR).

[1.3] What is White listing / KYC / AML

All of the above terms is applicable when an organization calls for it in order to comply with the rules and legal regulations set in their local jurisdiction.

KYC - Know your Customer (Consist of submitting your personal identification documents to verification provides for them to subject to Anti-Money Laundering (AML) checks.
White-Listing - Typically happens after KYC. Submitting of personal BTC/ETH addresses. When contribution starts, only submitted white-listed BTC/ETH addresses can contribute to the crowd sale.

[1.4] What is hard cap / soft cap

Hard Cap - Total possible amount the project can raise. The crowdsale usually closes after "hitting" or fulfilling the hard cap.
Soft Cap - Minimum Amount the project must raise. Not "hitting" or fulfilling the hard cap usually results in the cancellation of the crowd-sale. Refunds are then made back to the investor's wallets.

[1.5] Project Evaluation Metrics

Before contributing to the crowd sale, ask yourselves the following questions:

1. What problems does the project aim to solve?
2. Who is in the team? Are they identifiable? Is it a real person?
3. Who is spearheading the development?
4. What is the hard cap and the amount they are trying to raise?
5. What are they going to do with the ICO funds?
6. Does the whitepaper logically describes what the project sets out to do?

[2.0] Possible Scam Techniques Used by Scammers

As this is an open platform, there would always be scammers or malicious actors that takes on the form of genuine projects to con your hard-earned money. Always do your own research!

1. The Wrong Contribution Address Scam

Sometimes, although the project and crowd sale is always genuine, the main project website or the opening post (OP) thread may get hacked by 3rd party malicious actors. The hackers would then change the contribution address to the hacker's addresses, resulting in you contributing to the wrong address.

Moral of the story: Always double check that you are contributing to the right address!

2. The Personal Message Scam

A hacker may take on the form of replicating the username of the original organizer of the crowd sale (E.g. Original_Satoshi) to mislead people into thinking they are interacting with the official community member of the project. The hacker would then request you to contribute to the project and gives an address (which the hacker controls) over private message.

Moral of the Story: If a person asks you to contribute funds to a project over private message (PM) --> AVOID

3. The Phishing Scam

The original crowd sale is IIII.com

A hacker may ask you to contribute to the address at IIIl.com [Notice the I and the l]

Sometimes, they make use of idn domains like [.com instead of III.com]

Moral of the Story: Be vigilant, make sure it is the right domain and don't get phished.

That's all folks, I hope you have learnt something in this thread. As always, this is an open community, if you have any suggestions to improve this guide, please private message me. Credits will be given!

Thank you and stay safe!

5  Other / Meta / [SUGGESTION] Introduction of KYC To Establish Trust on: June 05, 2018, 06:07:03 AM
Dear Community,

I have got a suggestion to further establish trust in the community. The administrators can use identity verification to further increase the trust of a respective account. This will also allow the community to determine the level of trust for each individual. I also feel that by establishing this feature, we will also clamp down on the alt accounts, which was known for bounty farming, account selling, etc and other malicious activities.

What do you think? Will this system work? Any pitfalls?
6  Economy / Goods / [WTS] Bulk iPhone Tempered Glass Screen Protector on: October 16, 2016, 02:55:24 PM
So, I've got a mobile accessories business and I closed them down just because I didn't have the time to manage my studies!

Now, I am clearing my stock consisting of 20 iPhone Tempered Glass Screen Protectors for different iPhone models namely:

iPhone 6/7 [same screen protector as dimensions are the same]
iPhone 6s/7s [same screen protector as dimensions are the same]

Although I got them from a Chinese supplier, I can assure of that they are of good and decent quality.

Below is a image of the stock:


Therefore, i am offloading them at a cheap / bulk price.
20 screen protector for - USD$55, that is $2.75 per piece. You may resell it easily for a higher price

I will also cover worldwide shipping costs, inclusive of tracking number.

Accepting payment in btc only.
7  Economy / Services / [POKEMON GO] HIGH IV POKEMON CATCHING SERVICE on: August 13, 2016, 10:41:09 AM
Hi all, I am launching a pokemon service dedicated to POKEMON GO fans.

WANT TO CATCH RARE >90% IV POKEMON? THIS IS YOUR CHANCE NOW!

Just specify which pokemon you need, and I will try my very best to catch em' all.

Service price: USD$3.50 - USD$5.00 (BTC0.00595  - BTC0.00845) / >90% IV Pokemon

*Price depends on difficulty of catching desired pokemon.

If all else fails, refunds will be issued.
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