jess4ever
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March 22, 2018, 07:38:58 PM |
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Will the data stored in the blockchain have legal force? Will they serve as evidence of an action?
Well, it was made for this. So that in case of an unpleasant situation, you could see who and when did something. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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TomHurst
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March 22, 2018, 08:33:05 PM |
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Will the data stored in the blockchain have legal force? Will they serve as evidence of an action?
I'm not sure that right away. In addition, need to finalize the system so that no one can delete and change this data. I think everything will be fine, but not immediately |
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AngelinaShulcz
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March 22, 2018, 09:19:23 PM |
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How are you going to control the volatility of the exchange rate?
The volatility of the exchange rate cant be controlled. Because trading on the stock exchange is a constant. |
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GrainIO
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March 22, 2018, 09:31:14 PM |
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How are you going to control the volatility of the exchange rate?
Grain has liquidity insurance. This means that if the chosen payment options are Escrow or Currency Option, the volatility factor is removed. In the Escrow option, if when the time for payment has come and the value of GRAIN has decreased, GRAIN from the insurance wallet would be added to the escrow to bring the total amount needing to be paid. If the value has increased, then the extra GRAIN in the escrow is removed and added to the insurance wallet to that the amount paid is still the agreed upon amount. So say you were to be paid 50 grain which at the time was say $1 per grain for a total of $50 but when payment time came and the 50 GRAIN was $0.50 per grain, that would only be $25 so another 50 GRAIN would be subtracted from the insurance wallet and added to the escrow to equal the original $50. However, if say the value of the GRAIN at the time of payment due was $2 per grain, then 25 GRAIN would be subtracted and added to the insurance wallet making the payment 25 grain still equaling $50. In the Currency option, the employer buys the grain to pay you with after at the time of payment but locks in the exchange rate when the contract is made. When the value of GRAIN has increased then the employer buys the GRAIN from the insurance wallet at the lower rate they locked in at. When the value decreases, the employer just buys the GRAIN at the lower rate with the premium the employer paid to lock the rate in going to the insurance wallet. |
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sharkman20
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Activity: 350
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March 22, 2018, 09:54:35 PM |
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How are you going to control the volatility of the exchange rate?
Grain has liquidity insurance. This means that if the chosen payment options are Escrow or Currency Option, the volatility factor is removed. In the Escrow option, if when the time for payment has come and the value of GRAIN has decreased, GRAIN from the insurance wallet would be added to the escrow to bring the total amount needing to be paid. If the value has increased, then the extra GRAIN in the escrow is removed and added to the insurance wallet to that the amount paid is still the agreed upon amount. So say you were to be paid 50 grain which at the time was say $1 per grain for a total of $50 but when payment time came and the 50 GRAIN was $0.50 per grain, that would only be $25 so another 50 GRAIN would be subtracted from the insurance wallet and added to the escrow to equal the original $50. However, if say the value of the GRAIN at the time of payment due was $2 per grain, then 25 GRAIN would be subtracted and added to the insurance wallet making the payment 25 grain still equaling $50. In the Currency option, the employer buys the grain to pay you with after at the time of payment but locks in the exchange rate when the contract is made. When the value of GRAIN has increased then the employer buys the GRAIN from the insurance wallet at the lower rate they locked in at. When the value decreases, the employer just buys the GRAIN at the lower rate with the premium the employer paid to lock the rate in going to the insurance wallet. You have knowledge and capabilities that other projects don't even think about ... Why are fees so low? Was there a bad pre-sale campaign? |
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Dr.Cristofferson
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March 22, 2018, 10:18:42 PM |
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I hope that all employers will want to work on this scheme, otherwise it will not make sense, if the part will do so, and the other part will not.
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norman-soil
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March 22, 2018, 10:36:07 PM |
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I hope that all employers will want to work on this scheme, otherwise it will not make sense, if the part will do so, and the other part will not.
Well, of course, no one will start doing it right away! But in the end, most projects will still change our lives, and most likely, this project will be among them |
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vkolotun
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March 22, 2018, 11:10:37 PM |
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Excellent video from the exhibitions! It's very cool and understandable everything tells that it is very important. Not all people understand modern slang and various new technologies
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LoreinMallin
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March 22, 2018, 11:21:25 PM |
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Do you plan to finalize the project after it is used? will there be support?
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GrainIO
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Activity: 126
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March 22, 2018, 11:49:17 PM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. |
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RomanBelich
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March 23, 2018, 11:33:37 AM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. Perhaps, will the project develop further after it is released into work? |
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The-king
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Activity: 308
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March 23, 2018, 12:17:10 PM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. Perhaps, will the project develop further after it is released into work? In my opinion this is a rather stupid question, especially when the project hasn't been released yet. I think the developers will have to render all possible assistance to everyone and also improve and update their product in a timely manner |
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Petramaxindoshka
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March 23, 2018, 12:40:08 PM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. Perhaps, will the project develop further after it is released into work? In my opinion this is a rather stupid question, especially when the project hasn't been released yet. I think the developers will have to render all possible assistance to everyone and also improve and update their product in a timely manner If they don't undertake another project, then yes. It happens that when developers release a project - they undertake to do the next and don't always continue to update the previous project and people experience some inconvenience. |
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Kanoe_Yuuko
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March 23, 2018, 12:47:09 PM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. Perhaps, will the project develop further after it is released into work? In my opinion this is a rather stupid question, especially when the project hasn't been released yet. I think the developers will have to render all possible assistance to everyone and also improve and update their product in a timely manner The project is published on a number of popular portals on ICO! sure will develop the product after crowd-sale end to collect enough fund. |
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Gregory.Leps
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March 23, 2018, 01:03:19 PM |
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Quite a unique project. I have never seen a project to promote a blockchain in job placement. Do you think there are cases of fraud in your system?
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Narimann
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March 23, 2018, 01:31:07 PM |
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Quite a unique project. I have never seen a project to promote a blockchain in job placement. Do you think there are cases of fraud in your system?
Since all the data about the user and his actions are stored in the blockchain, most likely nobody will engage in fraud. |
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Ridorie
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March 23, 2018, 01:47:27 PM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. Perhaps, will the project develop further after it is released into work? In my opinion this is a rather stupid question, especially when the project hasn't been released yet. I think the developers will have to render all possible assistance to everyone and also improve and update their product in a timely manner This is true. The project must constantly evolve to stay on the market. Otherwise, competitors without effort will be able to take their place. |
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MaksonJoe
Jr. Member
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Activity: 378
Merit: 1
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March 23, 2018, 02:15:52 PM |
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Do you plan to finalize the project after it is used? will there be support?
I'm not sure I understand your question. What do you mean by finalize the project after it is used? Also, GRAIN will have support for those using their protocol. Perhaps, will the project develop further after it is released into work? In my opinion this is a rather stupid question, especially when the project hasn't been released yet. I think the developers will have to render all possible assistance to everyone and also improve and update their product in a timely manner This is true. The project must constantly evolve to stay on the market. Otherwise, competitors without effort will be able to take their place. Honestly, I haven't seen any competitors in this direction. But sooner or later their appearance will not be a surprise, so for now everything is quiet - better prepare for all paragraphs  |
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brussqett
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March 23, 2018, 02:39:23 PM |
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Quite a unique project. I have never seen a project to promote a blockchain in job placement. Do you think there are cases of fraud in your system?
Cases of fraud were and will be everywhere. Developers must come up with a special algorithm that will prevent the appearance of detractors in their system. After all, these are market relations, here people are financially responsible for any actions, and no one will be pleased if swindlers appear on the platform. |
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Josen5000
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March 23, 2018, 02:59:26 PM |
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Quite a unique project. I have never seen a project to promote a blockchain in job placement. Do you think there are cases of fraud in your system?
Cases of fraud were and will be everywhere. Developers must come up with a special algorithm that will prevent the appearance of detractors in their system. After all, these are market relations, here people are financially responsible for any actions, and no one will be pleased if swindlers appear on the platform. Guys, and what scammers forgot about employment and labor relations? I don't think that it's worth worrying about, especially now. |
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