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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain
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on: May 24, 2021, 07:53:24 PM
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What ACTUALLY happens when you swap in the Nimiq Wallet What are atomic swaps and why do we need them? Cryptocurrencies are all about decentralization and removing the middlemen — with the goal of being able to exchange value with a complete stranger without requiring up-front trust. Open blockchains do a great job on offering transactions between anyone without any trust required upfront. But what if you want to change coin A for coin B? Or even exchange coins for something else, like Euro? Usually nowadays, you will move your coins to an exchange and cash out to Euro. Or you send Euros via bank transfer or credit card and buy crypto. But when you do that, you depend on that service to deliver the counter value to you. If they change their mind, for example demand extra documents, or simply get hacked, then your funds are inaccessible or even gone. read more https://www.nimiq.com/blog/what-actually-happens-when-you-swap-in-the-nimiq-wallet/ |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Shopping time guys. Fill your bags now.
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on: May 23, 2021, 09:31:25 AM
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Warren Buffet said, be fearful when others are greedy and be greedy when others are fearful. The best time to buy and fill your bags with coins is when everybody is panicking and selling off their coins. you buy from them, because this is when smart money (whales) do their accumulation.
True, this is not all about panic, but about cleverness in finding the most profit possible when others start to give up their valuable assets, and we have to be able to accommodate them. well, maybe this is the right time to go on vacation and do not look the crypto markets for a while until the green colour come back because for me hodl is the right choice  |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Injective Protocol -- Fast, Secure, and Fully Decentralized Trading
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on: May 17, 2021, 09:39:02 PM
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The Injective Insurance FundWhat is an Insurance Fund?In order to understand the function of an insurance fund, one must first understand the margin system used for leveraged derivatives trading. On a high level, leverage allows traders to enter into derivatives positions whose value is much higher than the collateral posted to fund the position. As a result, it is possible that the losing party on a trade cannot afford to pay the winning party if they run out of margin, i.e. the position becomes bankrupt. When this occurs, the trader’s position is liquidated and a new trader takes over the position. In the event that the new trader takes over the position at a worse price than the bankruptcy liquidation price of the position, the insurance fund is utilized to cover the resulting deficit. read more : https://blog.injectiveprotocol.com/the-injective-insurance-fund/
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Alternate cryptocurrencies / Altcoin Discussion / Re: Fake Tokens
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on: May 16, 2021, 09:35:47 PM
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Let's assume i have created a game, and then created ERC tokens (Example swords) so the player must buy a token to be able to play the game. What if someone creates similar tokens in his wallet and injects them into my game as if they are bought from my tokens store  the contract address will not same from each token mate, so you don't need to worry about that maybe someone can create the same name with your token, but not with the contract address buddy |
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