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Author Topic: [VAL] Validity - Decentralized Identities, Custom Assets, Elections, and More!  (Read 578303 times)
bitkapp
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February 23, 2016, 11:20:31 PM
 #501

Awesome work JJ

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65cerberus
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February 23, 2016, 11:35:11 PM
 #502

Really appreciate the frequent updates.
xador106
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February 24, 2016, 02:39:07 AM
 #503

Nice Job, now talking like a Trader. You think the coin price going to rise .. Huh
Thanks.
ryanb
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February 24, 2016, 03:50:26 AM
 #504

Nice Job, now talking like a Trader. You think the coin price going to rise .. Huh
Thanks.

The price has no where to go but up the price should be x3 to x5 soon.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
xador106
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February 24, 2016, 04:05:56 AM
 #505

Nice Job, now talking like a Trader. You think the coin price going to rise .. Huh
Thanks.

The price has no where to go but up the price should be x3 to x5 soon.

OK thanks i am very new in the criptocion word i traying to learn and reading about all this coin that sound and have dome interesting thinks do aport.- mi inglish is not so good LOL,
Piston Honda
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February 24, 2016, 05:22:24 AM
 #506

Actually watching this one!

Someone or groups has their accumulation going lol...

$ADK ~ watch & learn...
mybitcoin101
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February 24, 2016, 09:07:56 PM
 #507

Hello Radium Community,

Wanted to say Hi and look forward to great things with coin and community.

kc
bitkapp
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February 24, 2016, 09:25:17 PM
 #508

Hello Radium Community,

Wanted to say Hi and look forward to great things with coin and community.

kc

Welcome kc! If you have any questions don't hesitate to fire them at us Smiley

JJ12880
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February 24, 2016, 09:31:00 PM
 #509

Hello Radium Community,

Wanted to say Hi and look forward to great things with coin and community.

kc

Welcome! Glad to have ya!

JJ

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65cerberus
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February 24, 2016, 09:37:11 PM
 #510

noob question...

I have slow decay running... gaining radon in exchange for radium.  Is radon primarily for purchasing service on the smartchain?
Radium can be traded on exchanges, so is monitized.  How about radon?
bitkapp
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February 24, 2016, 09:47:04 PM
 #511

noob question...

I have slow decay running... gaining radon in exchange for radium.  Is radon primarily for purchasing service on the smartchain?
Radium can be traded on exchanges, so is monitized.  How about radon?


Radon cannot be traded on exchanges as far as I know and is only used as a blockchain asset within the SmartChain client.

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February 24, 2016, 09:49:57 PM
 #512

thank you. that is the conclusion i was arriving at.  just needed to validate the cognitive process.   Grin
JJ12880
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February 24, 2016, 10:33:59 PM
 #513

noob question...

I have slow decay running... gaining radon in exchange for radium.  Is radon primarily for purchasing service on the smartchain?
Radium can be traded on exchanges, so is monitized.  How about radon?


Radon cannot be traded on exchanges as far as I know and is only used as a blockchain asset within the SmartChain client.

bitkapp is 100% correct. Radon is used to "pay" for blockchain operations, such as recording file hashes, or text notes. It can be transferred from user to user, but there is no plans to get it on an exchange.

JJ

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CrowdWhale
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February 24, 2016, 10:49:25 PM
 #514

What's the point of turning Radium into Radon instead of just using Radium to pay for blockchain services? I'm sure there is one, just curious about what's going on there.
JJ12880
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February 25, 2016, 12:29:03 AM
Last edit: February 25, 2016, 02:49:07 AM by JJ12880
 #515

What's the point of turning Radium into Radon instead of just using Radium to pay for blockchain services? I'm sure there is one, just curious about what's going on there.

When you turn Radium(coin) into Radon(asset), you are pre-paying a fee (via a high fee transaction ) to those supporting the blockchain by staking.  The Radon(asset) received acts as a pre-paid token the owner can then spend to pay for blockchain based services. Using this method, the fee handling is 100% decentralized, and is randomly distributed among the stakes. There is no need for specialized masternodes to handle fee distribution, as it is all handled directly in the chain. As the use of the SmartChain increases, and more people are turning Radium(coin) into Radon(asset), the stakers will earn more rewards, as the blocks will include not only the staking reward, but also Radium(coin) from the fees paid by those making Radon(asset).

Please let me know if that needs more clarification. To the best of my knowledge, Radium SmartChain is the only project to use such a system, so there is not much to draw a comparison to.

Peace!

JJ

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CrowdWhale
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February 25, 2016, 12:32:17 AM
 #516

Got it, thanks =)
cryptodance
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February 25, 2016, 01:31:06 AM
 #517

What's the point of turning Radium into Radon instead of just using Radium to pay for blockchain services? I'm sure there is one, just curious about what's going on there.

When you turn Radium into Radon, you are pre-paying a fee (via a high fee transaction ) to those supporting the blockchain by staking.  The Radium received acts as a pre-paid token the owner can then spend to pay for blockchain based services. Using this method, the fee handling is 100% decentralized, and is randomly distributed among the stakes. There is no need for specialized masternodes to handle fee distribution, as it is all handled directly in the chain. As the use of the SmartChain increases, and more people are turning Radium into Radon, the stakers will earn more rewards, as the blocks will include not only the staking reward, but also the Radium generation fees.

Please let me know if that needs more clarification. To the best of my knowledge, Radium SmartChain is the only project to use such a system, so there is not much to draw a comparison to.

Peace!

JJ
Did you mean to say "The Radium received acts as a pre-paid token ..." or "The Radon received acts as a pre-paid token ..."?
JJ12880
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February 25, 2016, 02:45:29 AM
 #518

What's the point of turning Radium into Radon instead of just using Radium to pay for blockchain services? I'm sure there is one, just curious about what's going on there.

When you turn Radium into Radon, you are pre-paying a fee (via a high fee transaction ) to those supporting the blockchain by staking.  The Radium received acts as a pre-paid token the owner can then spend to pay for blockchain based services. Using this method, the fee handling is 100% decentralized, and is randomly distributed among the stakes. There is no need for specialized masternodes to handle fee distribution, as it is all handled directly in the chain. As the use of the SmartChain increases, and more people are turning Radium into Radon, the stakers will earn more rewards, as the blocks will include not only the staking reward, but also the Radium generation fees.

Please let me know if that needs more clarification. To the best of my knowledge, Radium SmartChain is the only project to use such a system, so there is not much to draw a comparison to.

Peace!

JJ
Did you mean to say "The Radium received acts as a pre-paid token ..." or "The Radon received acts as a pre-paid token ..."?

Ooops good catch. I was typing too fast. Post edited. Thanks!

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MMORPG
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February 25, 2016, 10:49:33 AM
 #519

When someone needs some Radon (asset) to put for example, a note on the Smartchain, in my understanding there're two ways to get this. First is buying Radium (coins) and burn this yourself, second one is having another user send Radon to your own username on Smartchain. Burning coins into asset will take time and need preparation while having other users send this is fast and easy. Since there're no plans to let Radon being trade on a exchange, are there any plans to build in a decentralized middle man service which makes sure nobody gets scammed in trade?

Cheers!
xador106
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February 25, 2016, 03:01:16 PM
 #520

RADS you are killing me LOL i sell ETH to go into RADS and is going deepp noooo. give me hope  Grin
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