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Author Topic: [ANN] UNIVERSA | Blockchain Protocol for Business  (Read 144247 times)
McInzy
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February 20, 2019, 08:04:22 PM
 #5421


Does, anyone believe if it’s was a real product with 22,000 tps then therewill have been a breaking news on each and every blogs and media.

Yes, I do. Of course, they have 20k+ TPS as it was proven by alfa bank, a large Russian bank. They wouldn't lie in this regard.

Lol, that's just a usual troll who doesn't know what he's talking about. if he actually tried to make a transaction he would see how fast Universa is. But he didn't.
Making a transaction and seeing how fast Universa works is not proof. I can give a lot of examples with other cryptocurrencies when a transaction goes almost instantly.

Well, maybe that's not proof that it has 20k TPS but at least it's proof that their blockchain is fast enough. Besides, as was said above, the blockchain was tested by Alfa bank and they confirmed in the video that TPS is indeed about 20k. So I don't see the reason to question its speed.
There is one nuance. These are the working conditions of blockchain. 20t tps is blockchain operation in test mode. And we do not know how it will work in real conditions.
I think it is the working one. As I remember test speed was 28k TPS. Anyway you can check actual speed, use a link in Mainnet.
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msmin
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February 20, 2019, 09:19:02 PM
 #5422


Does, anyone believe if it’s was a real product with 22,000 tps then therewill have been a breaking news on each and every blogs and media.

Yes, I do. Of course, they have 20k+ TPS as it was proven by alfa bank, a large Russian bank. They wouldn't lie in this regard.

Lol, that's just a usual troll who doesn't know what he's talking about. if he actually tried to make a transaction he would see how fast Universa is. But he didn't.
Making a transaction and seeing how fast Universa works is not proof. I can give a lot of examples with other cryptocurrencies when a transaction goes almost instantly.

Well, maybe that's not proof that it has 20k TPS but at least it's proof that their blockchain is fast enough. Besides, as was said above, the blockchain was tested by Alfa bank and they confirmed in the video that TPS is indeed about 20k. So I don't see the reason to question its speed.
There is one nuance. These are the working conditions of blockchain. 20t tps is blockchain operation in test mode. And we do not know how it will work in real conditions.
I think it is the working one. As I remember test speed was 28k TPS. Anyway you can check actual speed, use a link in Mainnet.

I am sure 20k or 28k is not a limite for Universa. When parter's projects start we will see more speed limits. I am sure in it.
Tron
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February 20, 2019, 11:43:06 PM
 #5423


Does, anyone believe if it’s was a real product with 22,000 tps then therewill have been a breaking news on each and every blogs and media.

Yes, I do. Of course, they have 20k+ TPS as it was proven by alfa bank, a large Russian bank. They wouldn't lie in this regard.

Lol, that's just a usual troll who doesn't know what he's talking about. if he actually tried to make a transaction he would see how fast Universa is. But he didn't.
Making a transaction and seeing how fast Universa works is not proof. I can give a lot of examples with other cryptocurrencies when a transaction goes almost instantly.

Well, maybe that's not proof that it has 20k TPS but at least it's proof that their blockchain is fast enough. Besides, as was said above, the blockchain was tested by Alfa bank and they confirmed in the video that TPS is indeed about 20k. So I don't see the reason to question its speed.
There is one nuance. These are the working conditions of blockchain. 20t tps is blockchain operation in test mode. And we do not know how it will work in real conditions.
I think it is the working one. As I remember test speed was 28k TPS. Anyway you can check actual speed, use a link in Mainnet.
20k-28k tps is the speed of the empty blockchain. It is not loaded with work, no one is using it for now. Therefore, it is impossible to state unequivocally.
ampirebus (OP)
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February 21, 2019, 01:11:09 AM
 #5424


Does, anyone believe if it’s was a real product with 22,000 tps then therewill have been a breaking news on each and every blogs and media.

Yes, I do. Of course, they have 20k+ TPS as it was proven by alfa bank, a large Russian bank. They wouldn't lie in this regard.

Lol, that's just a usual troll who doesn't know what he's talking about. if he actually tried to make a transaction he would see how fast Universa is. But he didn't.
Making a transaction and seeing how fast Universa works is not proof. I can give a lot of examples with other cryptocurrencies when a transaction goes almost instantly.

Well, maybe that's not proof that it has 20k TPS but at least it's proof that their blockchain is fast enough. Besides, as was said above, the blockchain was tested by Alfa bank and they confirmed in the video that TPS is indeed about 20k. So I don't see the reason to question its speed.
There is one nuance. These are the working conditions of blockchain. 20t tps is blockchain operation in test mode. And we do not know how it will work in real conditions.
I think it is the working one. As I remember test speed was 28k TPS. Anyway you can check actual speed, use a link in Mainnet.
20k-28k tps is the speed of the empty blockchain. It is not loaded with work, no one is using it for now. Therefore, it is impossible to state unequivocally.

Hello. It is true that the test speed of a network differs considerably comparing to the speed of a network with users employing it on a regular basis. Although I cannot make a case against your points, I find it necessary to mention that the TPS speed benchmarks, we have been conducting, does not imply the empty blockchain solely, but also includes so-called stress testing. The stress testing helps developers to raise the volume of "transactions" within the network, so that the maximum capability could be defined as the TPS speed of fully functional blockchain platform.
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February 21, 2019, 07:16:26 AM
 #5425

Hello. It is true that the test speed of a network differs considerably comparing to the speed of a network with users employing it on a regular basis. Although I cannot make a case against your points, I find it necessary to mention that the TPS speed benchmarks, we have been conducting, does not imply the empty blockchain solely, but also includes so-called stress testing. The stress testing helps developers to raise the volume of "transactions" within the network, so that the maximum capability could be defined as the TPS speed of fully functional blockchain platform.
Thanks for the answer. I want to ask, what is the stress test about? As far as I understand, the real work of the network is the connection and execution of various requests of tens of thousands of users with different tasks simultaneously from different points of the world.
ampirebus (OP)
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February 21, 2019, 04:11:22 PM
 #5426

Hello. It is true that the test speed of a network differs considerably comparing to the speed of a network with users employing it on a regular basis. Although I cannot make a case against your points, I find it necessary to mention that the TPS speed benchmarks, we have been conducting, does not imply the empty blockchain solely, but also includes so-called stress testing. The stress testing helps developers to raise the volume of "transactions" within the network, so that the maximum capability could be defined as the TPS speed of fully functional blockchain platform.
Thanks for the answer. I want to ask, what is the stress test about? As far as I understand, the real work of the network is the connection and execution of various requests of tens of thousands of users with different tasks simultaneously from different points of the world.

Stress test is like real work and harder to see how the system works in extreme conditions.
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February 21, 2019, 07:24:31 PM
 #5427


Does, anyone believe if it’s was a real product with 22,000 tps then therewill have been a breaking news on each and every blogs and media.

Yes, I do. Of course, they have 20k+ TPS as it was proven by alfa bank, a large Russian bank. They wouldn't lie in this regard.

Lol, that's just a usual troll who doesn't know what he's talking about. if he actually tried to make a transaction he would see how fast Universa is. But he didn't.
Making a transaction and seeing how fast Universa works is not proof. I can give a lot of examples with other cryptocurrencies when a transaction goes almost instantly.

Well, maybe that's not proof that it has 20k TPS but at least it's proof that their blockchain is fast enough. Besides, as was said above, the blockchain was tested by Alfa bank and they confirmed in the video that TPS is indeed about 20k. So I don't see the reason to question its speed.
There is one nuance. These are the working conditions of blockchain. 20t tps is blockchain operation in test mode. And we do not know how it will work in real conditions.
I think it is the working one. As I remember test speed was 28k TPS. Anyway you can check actual speed, use a link in Mainnet.
20k-28k tps is the speed of the empty blockchain. It is not loaded with work, no one is using it for now. Therefore, it is impossible to state unequivocally.

Hello. It is true that the test speed of a network differs considerably comparing to the speed of a network with users employing it on a regular basis. Although I cannot make a case against your points, I find it necessary to mention that the TPS speed benchmarks, we have been conducting, does not imply the empty blockchain solely, but also includes so-called stress testing. The stress testing helps developers to raise the volume of "transactions" within the network, so that the maximum capability could be defined as the TPS speed of fully functional blockchain platform.

Thank you very nice explanation!
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February 21, 2019, 08:09:00 PM
 #5428

Great news. Universa will be at Mobile World Congress 2019 in Barcelona. Waiting very much!
McInzy
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February 21, 2019, 08:34:20 PM
 #5429

Great news. Universa will be at Mobile World Congress 2019 in Barcelona. Waiting very much!
I think we will hear some news we were waiting Wink
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February 22, 2019, 02:33:44 AM
 #5430

Great news. Universa will be at Mobile World Congress 2019 in Barcelona. Waiting very much!
I think we will hear some news we were waiting Wink
For who still believe, good news can be spirit for us to support this project at maximum condition that we can. Glad i am be 1 of supporters because i like coins that have active developer like this.

..Stake.com..   ▄████████████████████████████████████▄
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..PLAY NOW..
Tron
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February 22, 2019, 10:33:52 AM
 #5431

Hello. It is true that the test speed of a network differs considerably comparing to the speed of a network with users employing it on a regular basis. Although I cannot make a case against your points, I find it necessary to mention that the TPS speed benchmarks, we have been conducting, does not imply the empty blockchain solely, but also includes so-called stress testing. The stress testing helps developers to raise the volume of "transactions" within the network, so that the maximum capability could be defined as the TPS speed of fully functional blockchain platform.
Thanks for the answer. I want to ask, what is the stress test about? As far as I understand, the real work of the network is the connection and execution of various requests of tens of thousands of users with different tasks simultaneously from different points of the world.

Stress test is like real work and harder to see how the system works in extreme conditions.
Good. And what about the fact that customers will be located around the world, there are tens of thousands or hundreds of thousands. Can a stress test emulate this?
Mertalot
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February 22, 2019, 06:57:29 PM
 #5432

Hello. It is true that the test speed of a network differs considerably comparing to the speed of a network with users employing it on a regular basis. Although I cannot make a case against your points, I find it necessary to mention that the TPS speed benchmarks, we have been conducting, does not imply the empty blockchain solely, but also includes so-called stress testing. The stress testing helps developers to raise the volume of "transactions" within the network, so that the maximum capability could be defined as the TPS speed of fully functional blockchain platform.
Thanks for the answer. I want to ask, what is the stress test about? As far as I understand, the real work of the network is the connection and execution of various requests of tens of thousands of users with different tasks simultaneously from different points of the world.

Stress test is like real work and harder to see how the system works in extreme conditions.
Good. And what about the fact that customers will be located around the world, there are tens of thousands or hundreds of thousands. Can a stress test emulate this?

I think it can slightly vary in real-time conditions. It would be great to see how fast it can be in real conditions. I guess we will see it soon when nodes will be launched. But alfa bank test is indeed a good indicator of what we can expect in terms of speed. Universa was tested with other platforms, as was said in the video. I don't think that a bank can't test TPS properly. The speed must be fast indeed. I expect it to be even faster as more nodes will join the network.
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February 22, 2019, 09:11:00 PM
 #5433

"Universa made it to the finals of the prestigious international Red Herring Top 100 Europe award" https://www.reddit.com/r/universa/comments/atjcwn/universa_made_it_to_the_finals_of_the_prestigious/

Keep up the good news flow, guys! Great to see you on this list.
ryangosling
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February 22, 2019, 09:33:01 PM
 #5434

"Universa made it to the finals of the prestigious international Red Herring Top 100 Europe award" https://www.reddit.com/r/universa/comments/atjcwn/universa_made_it_to_the_finals_of_the_prestigious/

Keep up the good news flow, guys! Great to see you on this list.

Congrats making it to the top 100. Hope to see you in the top 10 if they will even make such a rating.
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February 23, 2019, 08:53:11 AM
 #5435

"Universa made it to the finals of the prestigious international Red Herring Top 100 Europe award" https://www.reddit.com/r/universa/comments/atjcwn/universa_made_it_to_the_finals_of_the_prestigious/

Keep up the good news flow, guys! Great to see you on this list.

Congrats making it to the top 100. Hope to see you in the top 10 if they will even make such a rating.

I don't think they compile top 10 in this category. Just top 100 in alphabetical order. No places, really. Good to see Universa there!
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February 23, 2019, 11:35:58 AM
 #5436

"Universa made it to the finals of the prestigious international Red Herring Top 100 Europe award" https://www.reddit.com/r/universa/comments/atjcwn/universa_made_it_to_the_finals_of_the_prestigious/

Keep up the good news flow, guys! Great to see you on this list.

Yes, I'm glad we get some highlights in the media lately. Something's about to happen this year. We're on the verge of something good  Smiley
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February 23, 2019, 01:44:16 PM
 #5437

Anyone going to Barcelona Mobile Congress 25-28 Feb?
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February 23, 2019, 06:49:32 PM
 #5438

Anyone going to Barcelona Mobile Congress 25-28 Feb?
One year since the last Barcelona visit . HODL prototype 0.2 display?
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February 24, 2019, 06:42:43 AM
 #5439

Anyone going to Barcelona Mobile Congress 25-28 Feb?
One year since the last Barcelona visit . HODL prototype 0.2 display?

Let's wait until tomorrow!  We will definitely keep you informed about the events taking place at the exhibition
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February 24, 2019, 06:02:55 PM
Last edit: February 24, 2019, 06:38:52 PM by tk808
 #5440


IDCM is a scam/shit exchange. This is proof that the team is out of touch and clueless when it comes to doing anything in regards to their cryptocurrency.


Why is it a scam exchange? I had no problem with them so far.

Looks like someone doesn't like it in his own reason ))

 Grin It makes some sense

Shills talk a lot, but know nothing. IDCM is a fake/scam/shit exchange, it's obvious if you ever looked at any coins, including Universa. 90% of all volumes are faked, it's very very obvious.

And i recommend any of you to look at any market, any order book, any volume transaction. If you understand the basics of what information is presented to you on exchanges, then you will come to understand IDCM is a scammy exchange.

Btw, this isn't the first time AB paid for fake volume, when Universa got listed to another fake/scam/shit exchange Coinbene, they paid (or got) for fake volume there aswell. That was also very obvious by the significant increase in Vol overnight, then when it expired, Universa went to a natural state of around 10k usd volume. Volume doesn't suddenly drop from half a million, to 10k in 1-2 nights, it's virtually impossible. In addition, that volume lasted from September 1st to November 1st, exactly 2 months on the dot. Amazing. Therefore, that's a 98% drop in total volume over 1-2 nights, after exactly 2 months of listing! Not even scamcoins undergo this extreme transformation... fake volume. IDCM will exhibit similar behaviors, but it's obvious by just looking at the order books.






So what does that mean? AB paid/got fake vol for Universa once before on Coinbene, but this ultimately means nothing really. It does show how miserable the demand was for Universa in Q3-Q4.

It does help Universa's appearance to the novices who know little about crypto (which is about 80% of all people who trade/invest in crypto), but most of the real volumes have dropped off significantly and continue to do so; Cobinhood is a reflection of that. If Universa gets pumped again, then there will be an additional marketing aspect to it by appearing in Gain/losers on CMC, by reaching the 50k minimum threshold (ofc faked).

Thus, Universa is in a worse condition then it was prior to IDCM listing.

This should raise more red-flags though, about the manipulative efforts AB is going through to show progress, to show Universa has "real value." If he's willing to do this on the markets, then what other major efforts has he taken to fill Universa with hot air? Thus, leading into the very critical nature of all my posts.


As i've stated multiple times, Universa team is made up of amateurs, run by Alexander Borodich, who's a good businessman and talker, but, knows little about cryptocurrency as a whole. I don't necessarily blame him, because it takes many years to truly understand cryptocurrency and how to maintain a coin. He has failed time and time again, and bringing in real talent, real people in crypto from his local/russian environment to help him build this increasingly shitcoin.





edit: If you want to understand how exchanges behave, and to give even more weight to my claims, i suggest reading this excellent article by CMC, the bits about exchanges is about 75% down the page: https://blog.coinmarketcap.com/2018/11/27/according-to-coinmarketcap-2018-edition/
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