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Author Topic: [ANN] *** STABLE TOKENS the HOLY GRAIL of CRYPTO *** [ANN]  (Read 1849 times)
CP_Processor (OP)
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April 23, 2018, 12:32:41 PM
Last edit: November 08, 2018, 11:33:50 AM by CP_Processor
 #1

Shocked HOLY GRAIL OF CRYPTO  Shocked



https://www.coinpaymentprocessor.org
https://twitter.com/CP_Processor
https://t.me/CP_Processor
https://www.reddit.com/r/CP_Processor/
https://www.facebook.com/CPProcessor/

What is Coin Payment Processor Project?
All about PAYMENTS, simply it is a project about global payments, lightspeed transactions and “world’s single coin” with Stable Tokens model.

We found “Holy grail of crypto” - STABLE TOKENS
that empower the community and introduce cryptocurrencies
in mass use through a new dimension of global payments.
A new dimension will be created, that will change the work of banks,
card payment systems, merchants and ordinary people all around the globe.

https://coinpaymentprocessor.org/widgets/?page_id

https://coinpaymentprocessor.org/documents/Whitepaper.pdf





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I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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April 23, 2018, 12:42:16 PM
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For those who want a quick insight into the topic STABLE COINS, check out these posts ...

https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5

https://medium.com/@kingsleyadvani/the-top-6-stable-coins-in-crypto-e6f53e9b03be

https://hackernoon.com/an-overview-of-stablecoins-cf3fac75dcf7

https://medium.com/cp-processor/stablecoins-theories-and-comparation-29f00d8df37
Vazan25
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April 23, 2018, 12:58:32 PM
 #3

I read your site carefully.Understood nothing.How is the Holy Grail associated with tokens?What do you even suggest?
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April 23, 2018, 01:48:02 PM
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I read your site carefully.Understood nothing.How is the Holy Grail associated with tokens?What do you even suggest?

Please read ...
BUILDING A “STABLECOIN”
In this section we will deal with the name “Holy Grail of Crypto”, a name that was coined by the news portal Coindesk,
and the community readily accepted. This term relates to the “Mission impossible” in the field of cryptocoin development — creating a STABLECOIN.

Full text ...
https://medium.com/cp-processor/stablecoins-theories-and-comparation-29f00d8df37
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April 23, 2018, 02:51:46 PM
 #5

Is USD a stable currency? NO, neither internally, nor externally.

USD is not a stable currency and that is confirmed on a daily basis. Internally,
USD is consolidated constantly through a changeable benchmark interest rate set by the FED and it generally loses value over time due to inflation.
 Externally, it has a floating currency exchange rate against other international currencies. From time to time,
it gives us greater than expected shocks and there is one simple reason for that — people manage USD money supply centrally and subjectively.
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April 23, 2018, 03:21:40 PM
 #6

CP PROCESSOR PROJECT
What is it? Huh

Coin Payment Processor is an idea for helping the evolution of money in 21st century through an open consortium of people. By using latest technical advances and with the open mindedness of the society and open source development, this goal becomes attainable and realistically achievable.

We wish to present an idea that using a step by step development can lead to a significant money evolution and payment system on a global level. It is deeply rooted in blockchain technology and eight year old Bitcoin’s experiences. On the other hand, it respectfully includes all key factors of globalization, digitization and Internet  Cool

For more information about this project visit https://coinpaymentprocessor.org/
Or read our project's whitepaper! https://coinpaymentprocessor.org/documents/Whitepaper.pdf
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April 23, 2018, 03:36:24 PM
 #7

I also read your website and can not understand the essence of your idea. Can you give me a practical example that reveals your idea? Thank you
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April 23, 2018, 03:47:58 PM
 #8

I also read your website and can not understand the essence of your idea. Can you give me a practical example that reveals your idea? Thank you

Take a short look at...
https://medium.com/cp-processor/stable-tokens-methodology-a73d32a7f484
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April 23, 2018, 03:50:10 PM
 #9

  Roll Eyes STABLE TOKENS:

DoTo= dollar token
EuTo= euro token
KrTo= won token
YeTo= yen token
YuTo= yuan token


ERC20 tokens minted with smart contract functions on public Ethereum network,
Guaranteed by personal ETH & ERC20 tokens change (collateral + conversion) on smart contract custodian on Ethereum network.

Goal of Stable Token System is the following:
MarketCap DoTo=MarketCap CollateralETH + SUM MarketCap Supplements
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April 23, 2018, 06:39:55 PM
 #10

It looks great with interesting ideas behind the project. Please update more details as soon as possible,
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April 24, 2018, 09:52:25 AM
 #11

Our goal has three stages:  Grin

1. First stage — create stable tokens that represent value of world’s most notable currencies in proportion 1:1.
2. Second stage — allow every user on the planet to, simply and easily, make payments, charges or money transfers, with or without intermediary (with the possibility of anonymity), with minimal fees and maximum security, via any digital channel of communication (and maybe even offline). This implies large number of transactions (over 1000txn/sec) on a safe network that would be compatible with the existing blockchain technologies.
3. Third stage — creation of a universal and global currency as a medium for a balanced development of the future global economy and trade without discrimination or favoritism for a specific country and currency.

All you need to know about this revolutionary new project can be found in our whitepaper! https://coinpaymentprocessor.org/documents/Whitepaper.pdf
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April 24, 2018, 09:57:27 AM
 #12

It looks great with interesting ideas behind the project. Please update more details as soon as possible,

Thanks! We appreciate the feedback  Grin Here is a short read about our main goals and project's roadmap Smiley https://medium.com/cp-processor/cp-processor-project-goals-and-roadmap-f3ef20786503
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April 24, 2018, 10:42:45 AM
 #13

What the aim? I don't understand. Your website is uninformative. You just want to distribute tokens and then?? What do you mean by creating "stable tokens"? Is there even 1 stable currency in the world? No, and I'm not sure if it's possible in laws of economics. The token won't become stable only  after you named it stable Grin
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April 24, 2018, 11:34:05 AM
 #14

OUR VISION
Focus on global payments by decentralized lightspeed network and “world’s single coin” with stable tokens model. Cheesy

The evolution of money is inevitable and it is only a matter of days when a decentralized universal world currency will finally come to life. We are also witnesses of the first examples of free payment without borders, which are done instantly and without a bunch of intermediaries. Also, cryptocurrencies are one step away from getting the role of real money. The Coin Payment Processor Project is therefore on its way to connect all missing links and create a new dimension of global payment. Shocked

Coin Payment Processor Project = Cryptocurrency as money+Free international payments+Decentralized universal currency

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April 24, 2018, 12:32:32 PM
 #15

Do you know what is a price index?  Huh

A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to help to compare how these price relatives, taken as a whole, differ between time periods or geographical locations.

Coin Payment Processor uses the best models and practices for measuring, and calculates the price indexes for the popular crypto coins. The goal is to make the first standardized crypto price indexes. Cool

And the best thing is... You can download our price index widgets FOR FREE!!! Shocked
https://coinpaymentprocessor.org/widgets/
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April 24, 2018, 01:33:39 PM
 #16

DO YOU WANNA KNOW HOW CRYPTO PRICE INDEXES ARE CALCULATED?  Wink

The price index of a cryptocurrency is calculated based on the Relevant Transactions on all Representative Exchanges. Calculation steps for the iBTC, for example, on any given Calculation Day are as follows:

  • All Relevant Transactions are added to a raw database, recording the trade price and size for each transaction.
  • The data is partitioned into 6 equally-sized time intervals of 10 seconds each.
  • For each partition separately, the volume-weighted median trade price is calculated from the trade prices and sizes of all Relevant Transactions, i.e. across all Representative Exchanges.
  • A volume-weighted median differs from a standard median in that a weighting factor, in this case trade size, is factored into the calculation.
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April 24, 2018, 03:38:18 PM
 #17

What is a cPRO token?  Huh

UTILITY MEMBERSHIP TOKEN

A membership “ticket” for the CP Processor Project. Without this “ticket” CP Processor cannot function in full. So, every user must have exact =1,00 cPRO token to use CP Processor functions on public Ethereum network.  Smiley

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April 24, 2018, 03:56:17 PM
 #18

What the aim? I don't understand. Your website is uninformative. You just want to distribute tokens and then?? What do you mean by creating "stable tokens"? Is there even 1 stable currency in the world? No, and I'm not sure if it's possible in laws of economics. The token won't become stable only  after you named it stable Grin

Yes, it true, there is NO stable currency out there.  Huh Huh Huh
USD is not a stable currency and that is confirmed on a daily basis. Internally, USD is consolidated constantly through a
changeable benchmark interest rate set by the FED and it generally loses value over time due to inflation.
Externally, it has a floating currency exchange rate against other international currencies. From time to time,
it gives us greater than expected shocks and there is one simple reason for that – people manage USD money supply centrally and subjectively.

Can we have the full decentralization that a cryptographic payment network offers, but at the same time have a higher level of price stability,
without such extreme upward and downward swings? YES, we can!
That is our goal "STABLE TOKENS" and stability problem in crypto world.
 Smiley Wink




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April 24, 2018, 04:01:07 PM
 #19

I also read your website and can not understand the essence of your idea. Can you give me a practical example that reveals your idea? Thank you

Essence are STABLE TOKENS:
1,00 DoTo= 1,00 USD
1,00 EuTo= 1,00 EUR
1,00 KrTo= 1,00 KRW
1,00 YeTo= 1,00 JPN
1,00 YuTo= 1,00 CNY



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April 25, 2018, 07:55:29 AM
 #20

What do you need to know about cPRO token?

  • Limited amount of cPRO (ERC20) tokens is minted = 100.000.000 pcs. (finite supply).
  • Collected fee on CP Processor smart contracts is used for Buyback of cPRO tokens.
  • We do not guarantee for the market price and future open market trade. Also we do not know how many token users there will be in the future.
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