This seems to be one of the most fast developing projects in crypto.
I kinda knew it from the 1 week \ 10 days delay between the ICO end and the exchange listing.
Great work guys!
well yeah. the team and developers are seems pretty much active and doing their best to bring the products on the time they promised, but I don't understand why they are not taking bounties seriously.
we've helped this project more than 2 months wearing their signature and promoting all over the forum but when payment time come they are delaying bounty payouts.they must get a better manager to fix their bounty issues,
If you mean your signature bounty I have posted an announcement about bounties several times in different topics. I can't post it on every page, unfortunately.
April, 26:
https://bitcointalk.org/index.php?topic=1697787.msg18762527#msg18762527April, 24:
https://bitcointalk.org/index.php?topic=1697787.msg18721749#msg18721749April, 22:
https://bitcointalk.org/index.php?topic=1680361.msg18694417#msg18694417April, 18:
https://bitcointalk.org/index.php?topic=1697787.msg18640724#msg18640724You are not eligible to receive a signature bounty because you have not reached 50 posts lower limit. You have posted 23 messages from the date you submitted your application (12/20/2016) till the end of our ICO.
I have some questions (because I like it):
What's the main difference with Swarm City?
Why do people need LH or stable coins instead of paying in BTC or ETH and converting to FIAT according to country/cost of living? Why we need an intermediate token?
I don't know much about the Swarm City so I can't compare at this moment.
People need stable coins because of high BTC or ETH volatility. Imagine you had 100 ETH and paid an invoice for 90 ETH yesterday. Today you wake up and see that the ETH price has changed from $14 to $50. Not a pleasant surprise, right?
Another example. Your business is trading. You by some goods abroad and sell them at higher prices locally. You have sold some goods yesterday and received 1 BTC for them. Today you wake up and see the BTC price has changed from $1500 to $1200. Your business can simply fail just because of speculative price movements. You can't wait until the price is up again and you don't even know if it ever will.
Everybody likes ETH or BTC while the price is rising. But nobody likes losing their money. However, the price is not always going up.
LH may not necessarily be used as an intermediate token. For example, a worker can have a debit card with LH on it. He can use it anywhere debit cards are accepted. No need to exchange LH for any other currency.
You can get more details here:
https://blog.chronobank.io/benefits-of-stable-time-based-cryptocurrencies-4247d22ef603Are you sure that a proposed concept of employment contracts will work in practice? Employee might want to stay employed throughout the week and receive the minimum wage that is agreed upon in the contract since that contract is created for a particular rate to pay. Proposed employment model assumes that an employee works irregularly and can't conduct an appropriate financial planning.
The article is about zero contracts that exist now and are widely used. These contracts work already. This is a reality. We discuss cases where employees agree to have the irregular works.
