UTRUST

[cryptohome]

Been waiting for this ICO for quite sometime now, but the no limit on Buying and No whitelist does make this coin more Whale friendly, again this is just my opinion after watching some other ICo's like Monetha and others.

[1714857023]

1714857023

[haxllega]

10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.

This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet. (reference from their website)

As far as the tech goes Utrust have all the chances of selling out before the ICO ends.

Maximum Crowdsale Cap 49M USD, even though this is a top notch product, i am skeptic about hitting the hard cap. While ago it would been a no brainer, but people seem to be investing less and less on icos, and more to pre icos.

I am still confident that UTrust will be sold out during the 7 days of the ICO but you are right. People seem to only invest hesitantly in the last time. And that a lot of tokens are below their ICO price atm doesn't help at all.

All altcoins are under pressure right now. I hope URTRUST ICO will be although successful. Whole market will regenerate soon.

[telegdyd]

it's good that utrust will start its ico after hardfork bitcoin. This will give him a chance at a successful ico

[matjas]

Been waiting for this ICO for quite sometime now, but the no limit on Buying and No whitelist does make this coin more Whale friendly, again this is just my opinion after watching some other ICo's like Monetha and others.

Looks like lately there are not so many whales active as before so i think Utrust tactics is good one since few whales are always welcomed because right now, we are in a big altcoin crisis.

[vaughn125]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

[mike0182]

Been waiting for this ICO for quite sometime now, but the no limit on Buying and No whitelist does make this coin more Whale friendly, again this is just my opinion after watching some other ICo's like Monetha and others.

Looks like lately there are not so many whales active as before so i think Utrust tactics is good one since few whales are always welcomed because right now, we are in a big altcoin crisis.

Let's hope that this crisis will not last long and after segwit2x everything will again be adjusted and we will see a new growth of rates.

[haxllega]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

The problem is if they add too many currencies it will be complicated. I think top ten should be enough.

[kraterion]

Been waiting for this ICO for quite sometime now, but the no limit on Buying and No whitelist does make this coin more Whale friendly, again this is just my opinion after watching some other ICo's like Monetha and others.

Looks like lately there are not so many whales active as before so i think Utrust tactics is good one since few whales are always welcomed because right now, we are in a big altcoin crisis.

Let's hope that this crisis will not last long and after segwit2x everything will again be adjusted and we will see a new growth of rates.

Segwit2x will definetely happen I guess, just look at this https://coin.dance/blocks. I hope they eventually implement replay protection or it would be a giant mess and market may implode

[Rigorous]

Alice sells the private key of her Ethereum wallet to Bob. Bob pays through UTRUST. Alice is notified that the money is in escrow and sends the private key to Bob. Bob claims the key does not work. Alice opens a dispute.

Tell me how the UTRUST Mediator resolves this transaction.

Good question I haven't thought so much about. But you are right, a situation like this can hardly be solved probably. But maybe if Alice gives the private key to the mediator? Something someone would probably never would like to do...

You already figured out giving your private key to the mediator has a risk. The mediator may take the funds in the address, then refund Bob. Alice will say the mediator stole the money, but it is her word against both Bob's and the mediator's.

There is a sort of a built-in solution for these kind of transactions in the form of signatures and multi-signature wallets. Several escrow protocols based on signatures have been developed, for example the 2-of-3 multisignature. Some of those are still vulnerable to other kinds of attacks, such as extortion.

But there is not a word about escrow protocols, flaws and vulnerabilities in the UTRUST whitepaper.

[magisterr]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

The problem is if they add too many currencies it will be complicated. I think top ten should be enough.

Which problems? I think more currensies will be better. Top 50 for example

[StarSLight]

We are looking forward to a great breakthrough from the project. I think that they will collect a hard cap during the first days after the start of ICO! We are waiting for November 2.

[sockpuppet1911]

anyone know utrust have plan to against money laundering like paypal?

What kind of plan does Paypal have against money laundering? I highly doubt it..
People will always find a way to do criminal activities, how is this the responsibility of Utrust?

I know a lot of cryptocurrencies owner that use paypal to not have any money going through their bank account, I don't think there is an anti-money laundering system.

What kind of amounts are those owners moving? It depends very likely on that.

[kraterion]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

The problem is if they add too many currencies it will be complicated. I think top ten should be enough.

Which problems? I think more currensies will be better. Top 50 for example

Too many maybe? to list 50 coins you need to open and manage 50 addresses as well, and you think that people will trade with every top 50 coins? In my opinion just a waste if time and resources (and in top 50, even in top 10, there are coins/tokens not meant for payments)

[greatteager]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

The problem is if they add too many currencies it will be complicated. I think top ten should be enough.

Which problems? I think more currensies will be better. Top 50 for example

wrong think or don't think at all, don't need a lot of coins, it will complicate everything, do you at least know the idea of the project?

[SEELE^^01]

We are looking forward to a great breakthrough from the project. I think that they will collect a hard cap during the first days after the start of ICO! We are waiting for November 2.

in my opinion = fast start of selling tokens, then slow pace due to segwit32x fork and to the end of the ico, fast pace target hard cap

[cryptoriches13]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

The problem is if they add too many currencies it will be complicated. I think top ten should be enough.

Which problems? I think more currensies will be better. Top 50 for example

Too many maybe? to list 50 coins you need to open and manage 50 addresses as well, and you think that people will trade with every top 50 coins? In my opinion just a waste if time and resources (and in top 50, even in top 10, there are coins/tokens not meant for payments)

I believe there is already a team doing a study behind the scene researching which altcoins can be used for the purposes of utrust's functions. Otherwise, we cant really move forward with this

[greatteager]

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

Yes. You are right. Because not all of us like and use the same coins, and not all of us have the privilege to buy coins that utrust may require. So i think having a wider variety of coins useable would be a great feature for utrust if it so gaooened that they implement this idea in their project. That will really be a great way to pull in a lot of people to use their services.

The problem is if they add too many currencies it will be complicated. I think top ten should be enough.

Which problems? I think more currensies will be better. Top 50 for example

Too many maybe? to list 50 coins you need to open and manage 50 addresses as well, and you think that people will trade with every top 50 coins? In my opinion just a waste if time and resources (and in top 50, even in top 10, there are coins/tokens not meant for payments)

I believe there is already a team doing a study behind the scene researching which altcoins can be used for the purposes of utrust's functions. Otherwise, we cant really move forward with this

Quite enough top 5 coins for payments, other coins are not intended as a means of payment.

[Trrrt]

Yes and even if they start with the top 5 coin, they can add another crypto currencies in the future, UTRUST has so much potential. I will not be surprised to see a lot of currencies usable on the Utrust platform in the future.

[lvsca]

Yes and even if they start with the top 5 coin, they can add another crypto currencies in the future, UTRUST has so much potential. I will not be surprised to see a lot of currencies usable on the Utrust platform in the future.

if they add top 5 coin, Utrust value will be stable growing, right? it will be nice move

[Rigorous]

Hey, I might have found a very common situation that is not covered by the whitepaper. Or maybe I overlooked it.

Alice orders a physical book about cryptography. She uses UTRUST to pay Bob. Bob is a trusted merchant with a high-performance rating. The funds are released the next day.

2 Weeks later Alice has still not received the book. UTRUST cannot help her, because the transaction already went through. Now she has to go through the usual way of asking support with the merchant.

As sellers get higher ratings and the holding time goes down from 21 days to 0, the level of buyer protection by UTRUST goes down to 0 too.

It is not necessarily a bad thing though. Things like the example above happen also with Amazon, and they handle buyer complaints pretty well. Usually they will just resend the book or refund the payment.