[ANN][SCR] Scroda - A Decentralized Platform for the People [Privacy][EEG][PoP]

[lvsca]

WEBSITE | TWITTER | MEDIUM | WHITE PAPER | TELEGRAM

[1715673128]

1715673128

[lvsca]

reserved for future update

[UnruffledST]

Check out the following Medium Blogs


How Scroda’s Fee-less Ecosystem Allows for True Privacy

These days obtaining privacy is costly with tumblers charging anywhere from 1-5% of the funds being tumbled, yes that is a really big cut. Monero also charges for privacy in where users pay more for every other person included in the mixin of their funds. Tumblers and privacy coins leave you with a pretty big bill, while still failling to offer your 100% privacy.

Is it worth paying for privacy while your transactions can still be linked back to each other? No. Should you be paying for privacy in the first place when privacy is a given right in the USA under the fourth amendment? No.

Scroda aims to offer its users 100% privacy completly free, eliminating the need of having to pay thousands and thousands of dollars on privacy alone.


Democracy.Eath fails in securely identifying users on the blockchain, This is where Scroda steps in.

Who am I? Where do I originate from? What rights do I have? are all question’s that should be obtained for a user to be a part of society, unfortunately Democracy.Earth fails in obtaining such information from reliable sources.


Scroda busts the myth that public-key cryptography on the blockchain is more secure

Many blockchain users belive that the Public-key Cryptography that is used in blockchain is more secure than symmetric cryptography, which is false. In all reality commonly used public-key cryptography is much weaker than symmetric encryption. While at the same time being restricted to a painfully slow verification process.

[pinoycash]

reserved for future update

Your the project admin? or member of team?

Or just posting it on their behalf?

[CoderTerganteng]

is this ico coin or something???

[shitfish]

how many scrodam for a masternode?

[pinoycash]

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

[shitfish]

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

oh, sorry.

thanks for the link. is there a wallet? how do you hold your scrodam?

[CoderTerganteng]

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

oh, sorry.

thanks for the link. is there a wallet? how do you hold your scrodam?

maybe u can use ethereum wallet that support erc20 if they are based on ETH network

for example : myetherwallet, coinomi , imtoken

[pinoycash]

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

oh, sorry.

thanks for the link. is there a wallet? how do you hold your scrodam?

There's no clear information in their website if this is a token under ETH Platform, Since some ico's already start using EOS platform too.

So lets wait for official information or you can try to register an ICO account in their website and see for yourself

[UnruffledST]

reserved for future update

Your the project admin? or member of team?

Or just posting it on their behalf?

Member of the team.

is this ico coin or something???

Yes, it is an ICO.

how many scrodam for a masternode?

Scroda doesn't utilize MN's all user's wishing to be rewarded for validating transactions on the server, do so through the use of their Scroda ID, Scroda does not promote staking as all users that are performing tasks for the network can be penalized through being linked back to their Scroda ID.

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

Thank you for taking the time to respond to comments.

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

oh, sorry.

thanks for the link. is there a wallet? how do you hold your scrodam?

how many scrodam for a masternode?

its a token not a masternode coin read their website https://scroda.io and their whitepaper https://scroda.io/assets/docs/Whitepaper.pdf

oh, sorry.

thanks for the link. is there a wallet? how do you hold your scrodam?

maybe u can use ethereum wallet that support erc20 if they are based on ETH network

for example : myetherwallet, coinomi , imtoken

Scroda is not based on ETH, as it has many unique features making it stand out from the rest of the blockchain networks currently out, thus requiring it to be built from scratch.

[lvsca]

-

thanks for respond this all question.

[UnruffledST]

-

thanks for respond this all question.

NP, always open to answering any more to come.  

[lvsca]

An Update has come

https://medium.com/@scroda/zero-confirmation-transactions-transaction-relay-verifications-and-relay-chains-all-providing-f071de2b9723


Our Github respository: https://github.com/UnruffledST/Scroda

[UnruffledST]

Scroda solves the puzzle to concept zero-confirmation transactions.

Bitcoin, created to disrupt the banking industry has been faced with scaling issues sinces it’s creation. Temporary solutions such as the lighting network have surfaced to provide instant like transactions to be used for micro-transactions as it is not truly secure. Leaving a need for large transactions and micro-transactions alike to be conducted in an instant like manner while being secure. Scroda being fully aware of the problem affecting all cryptocurrency users who have decided to unbank their wallets, has found the solution to implement zero-confirmation transactions through the use of relay chains.

Scaling issues present in Bitcoin

With Bitcoin only processing an average of 8 transactions per second, a major obstacle preventing it from becoming mainstream for daily consumer use. In which stands true for the majority of blockchains when processing transactions on-chain.  Due to such congestions huge drawbacks are seen such as an increase in transaction fees and a long processing time are seen when transacting with Bitcoin.

Flaws found in temporary solution such as the Lighting Network

One Alternative that has been proposed is the Lighting Network in which works as a second layer on top of Bitcoin, where transactions are processed off-chain. When conducting transactions off-chain one moves from being able to conduct trustless transactions on-chain to conducting trusted transactions off-chain as one would have to trust that both parties agree to each condition accordingly, or that both parties stay online during the transactions as one party could run off with the funds of the disconnected user who is now not able to communicate or agree to any transactions. Due to such concerns users who transact on Lighting Networks only conduct micro transactions to minimize the amount of funds they risk of being stolen.

Why Zero-Confirmation Transactions weren’t achievable

Bitcoin was designed since conception to reach consensus on a block to block. Miners utilize a protocol known as Proof of Work in which the winning miner is chosen to upload their block. A downside being is that every miner on the network constructs a unique block with transactions that they choose to include, thus leaving the network open to many attacks vectors such as stealth mining and reversal of transactions through a 51% attack.

Bringing Zero-Confirmation Transactions to life through Relay Chains

Scroda has solved the solution to bring instant-like transactions on-chain with security still in mind. Having taking note of the risk associated with verifying transactions on a block to block basis, Scroda decided to take use of relay-chains in order to verify transactions on a transaction to transaction basis. In doing so consensus on the blockchain is able to be reached before a block is uploaded. Ensuring that each transaction broadcasted to the network and that is true will have the guarantee of being uploaded to the blockchain. From having such security in place a receiver can be assured that they will rightfully receive the funds sent to them before the transaction has been permanently placed on a block in which is to reside on the main-chain.

Many benefits are obtained for confirming transactions on a transaction to transaction basis such as the reversal of transactions through a 51% attack.

Making cryptocurrency mainstream through zero-confirmation transactions

Due to the ease and security provided by zero-confirmation transactions, users would be able to see cryptocurrency become mainstream in daily consumer use. Users would be able to securely purchase items such as a TV, Furniture, Computer, Diapers, Cribs and more in the time it takes to complete a handshake. Giving benefits to instant-like transactions to both micro and large payments.

Please let us know your thoughts below! Would you conduct a large transaction on a lighting network?

https://medium.com/@scroda/scroda-solves-the-puzzle-to-concept-zero-confirmation-transactions-28ed8bfd06ba

[enhu]

Another privacy coin. Not sure if people are still winning to invest on ICO, IEO is the known trend today.  On their website they are planing to do a bounty campaign which 2.5% of the coin will be given away, I guess you can start doing it to find out whether you got some support. We'll never know, privacy coins looks very attracting now that mixers are messed up.

[UnruffledST]

Another privacy coin. Not sure if people are still winning to invest on ICO, IEO is the known trend today.  On their website they are planing to do a bounty campaign which 2.5% of the coin will be given away, I guess you can start doing it to find out whether you got some support. We'll never know, privacy coins looks very attracting now that mixers are messed up.

Yes as well as being a privacy coin Scroda offers many more features such as Fee-less transactions, Decentralized ID, a new Quantum-Resistant signature based algorithm and Zero-Confirmation Transactions.

I am finishing up writting some more blog content and I am updating the whitepaper to include new features while also making some minors corrections left on by the graphic designers of the Whitepaper. After having done so I will move forward to see if we should do an IEO.

Also would like to know your thoughts on the post above your comment in relation to Scroda having solved the puzzle in order to implement Zero-Confirmation Transactions.

-Update-

Step by step walkthrough on how Zero-Confirmation Transactions are achieved

The concept to implement zero-confirmation has been solved by Scroda realizing the need to provide maximum security to transactions. Blockchains to this day verify transactions on a block to block basis thus allowing for attacks such as the reversal of transactions through a 51% attack. This walkthrough will help you understand how through the use of relay chains, the establishment of an order-of-event, and the verification of transactions on a transaction to transaction basis before permanently being placed on the Scroda main chain allows for zero-confirmation transactions.

Read more below,

https://medium.com/@scroda/step-by-step-walkthrough-on-how-zero-confirmation-transactions-are-achieved-aa3ea86d4ae0

[babos8383]

I've always relied on projects with secrecy and confidentiality. I think this project will give a lot to people. Strongly support the team

[UnruffledST]

I've always relied on projects with secrecy and confidentiality. I think this project will give a lot to people. Strongly support the team

Thank you for the kind words, we appreciate your support.

Update

Scroda being fully aware of the problem affecting all cryptocurrency users who have decided to unbank their wallets, has found the solution to the issues that have emerged. Introducing zero-confirmation transaction to resolve scalability. Fee-less transactions welcoming users world-wide. Biometrics used to safely encrypt a users private key and store it on the blockchain. A new quantum-resistant algorithm in which removes complex verification. True privacy through the removal of third parties when routing and the use of notes when mixing funds between others. All while giving people a voice through the use of EEG on the blockchain.

Read more on Scroda,

Scroda solves the puzzle to concept zero-confirmation transactions. -

https://lnkd.in/eQ7eaXc

Step by step walkthrough on how Zero-Confirmation Transactions are achieved -

https://lnkd.in/efez8iW

Next-Gen Blockchains are Fee-less -

https://lnkd.in/eEMfjBV

Monero has a new competitor in town -

https://lnkd.in/e5vcJN4

Are you or know of someone interested in investing? Learn how to make a risk-free investment by pledging.

Scroda has regained trust from investors through the introduction of Pledge Backed Loans -

https://lnkd.in/ewUgZx9

[UnruffledST]

Say YES to sub-second zero-confirmation transactions and say NO to sub-second verifications.

The Sub-Zero Protocol permits Scroda to achieve Sub-Second Zero-Confirmation Transactions all due to two chains coming together and becoming one, Yin and Yang.

https://medium.com/@scroda/scrodas-sub-zero-protocol-walkthrough-c1677f3d60fa