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Author Topic: [ANN] SafeInsure Coin (SINS)- Insurance for the Blockchain Era- POS+Masternodes  (Read 42031 times)
Harold
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November 11, 2018, 04:42:09 PM
 #1301

hi! Undoubtedly, the creation of SafeInsure is a big step towards the development of the insurance industry, but why is there a blockchain? How does he act? Theoretically, I understand how it works, but I don’t understand why the projects containing the blockchain are so valued?
it seems that you do not understand how the blockchain works, since you do not believe in the value of startups with it. Blockchain provides a decentralized approach to the system, it also helps to ensure that processes occur more safely, honestly and clearly.
I recently heard that some projects use masternodes to protect the blockchain network. Do you know anything about this? Are masternodes used here?
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hi2gage
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November 11, 2018, 04:46:18 PM
 #1302

you do not know so many technical details regarding the project. Yes, it uses masternodes. These are decentralized nodes responsible for some tasks regarding the protection of the blockchain network and some others related to transactions.
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November 11, 2018, 04:50:12 PM
 #1303

you do not know so many technical details regarding the project. Yes, it uses masternodes. These are decentralized nodes responsible for some tasks regarding the protection of the blockchain network and some others related to transactions.
as I understand it, they receive remuneration in the form of coins for their work? At the same time, they thereby create themselves some passive income. Am I right in my reasoning?
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November 11, 2018, 04:54:19 PM
 #1304

you do not know so many technical details regarding the project. Yes, it uses masternodes. These are decentralized nodes responsible for some tasks regarding the protection of the blockchain network and some others related to transactions.
as I understand it, they receive remuneration in the form of coins for their work? At the same time, they thereby create themselves some passive income. Am I right in my reasoning?
you're quite right. Also, master codes can count on additional passive income. To do this, you just need to use the SafeInSure platform for its intended purpose. Considering that the masternodes themselves develop measures for the safety of the blockchain, they will be confident in the effectiveness of their own work.
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November 11, 2018, 04:58:20 PM
 #1305

I would like to know what specific tasks the masternodes perform. I would like to join them, if possible. I believe that it will be necessary to make a pledge or prepayment in the form of a certain number of coins of SINS.
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November 11, 2018, 05:02:29 PM
 #1306

I would like to know what specific tasks the masternodes perform. I would like to join them, if possible. I believe that it will be necessary to make a pledge or prepayment in the form of a certain number of coins of SINS.
it seems to me that you would be more suited to a slightly different source of income using this platform. I gave you not quite correct information regarding the second source of passive income. If you were a provider of insurance policies, you would be able to become a masternod with the help of the income generated from policies in the SINS coins. It seems to me that this is a better way.
Harold
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November 11, 2018, 05:06:40 PM
 #1307

I would like to know what specific tasks the masternodes perform. I would like to join them, if possible. I believe that it will be necessary to make a pledge or prepayment in the form of a certain number of coins of SINS.
it seems to me that you would be more suited to a slightly different source of income using this platform. I gave you not quite correct information regarding the second source of passive income. If you were a provider of insurance policies, you would be able to become a masternod with the help of the income generated from policies in the SINS coins. It seems to me that this is a better way.
it is quite possible. But after all, given the dramatic advancement of the insurance industry with the help of this platform, suppliers around the world will be very much. Will I be able to generate so much income to become a workshop?
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November 11, 2018, 05:10:19 PM
 #1308

I'm sure you can. By the way, I did not answer your question regarding the functions of masternodes. They improve the level of transaction security by adding additional levels of confidentiality and increase the speed of transactions in the network. In addition to this, there is a monetary incentive for operators.
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November 11, 2018, 05:14:17 PM
 #1309

these are interesting features. By the way, I know the concept of return on investment. Is this somehow related to this project or to the masternodes?
hi2gage
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November 11, 2018, 05:19:24 PM
 #1310

these are interesting features. By the way, I know the concept of return on investment. Is this somehow related to this project or to the masternodes?
it is undoubtedly related. The profitability of your investment is determined by the size of the collateral and the owner of the workshop. This is an indicator of ROI.
Harold
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November 11, 2018, 05:23:12 PM
 #1311

tell me, by what algorithm does the SINS coin work? And, as far as I understand, it was created in the same way, in coordination with the masternodes? What is its emission?
hi2gage
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November 11, 2018, 05:27:38 PM
 #1312

tell me, by what algorithm does the SINS coin work? And, as far as I understand, it was created in the same way, in coordination with the masternodes? What is its emission?
the total amount of coins is 21 million. They are based on the Quark algorithm. I was not interested in more detailed information regarding this, but you can learn about it from external sources not related to the project.
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November 11, 2018, 05:31:43 PM
 #1313

tell me, by what algorithm does the SINS coin work? And, as far as I understand, it was created in the same way, in coordination with the masternodes? What is its emission?
the total amount of coins is 21 million. They are based on the Quark algorithm. I was not interested in more detailed information regarding this, but you can learn about it from external sources not related to the project.
exactly the same amount was Bitcoin emissions, if you do not remember. Can a SINS coin take its place? By the way, how long does the block generate? It seems to be 60 seconds. If yes, then this is a good generation time, very fast ...
hi2gage
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November 11, 2018, 05:35:53 PM
 #1314

tell me, by what algorithm does the SINS coin work? And, as far as I understand, it was created in the same way, in coordination with the masternodes? What is its emission?
the total amount of coins is 21 million. They are based on the Quark algorithm. I was not interested in more detailed information regarding this, but you can learn about it from external sources not related to the project.
exactly the same amount was Bitcoin emissions, if you do not remember. Can a SINS coin take its place? By the way, how long does the block generate? It seems to be 60 seconds. If yes, then this is a good generation time, very fast ...
I think it would be inappropriate to compare these 2 coins: Bitcoin and SINS. Since SINS belongs to the SafeInSure project, and Bitcoin is a separate king of cryptocurrencies. In addition, they use completely different methods of generation. By the way, the minute generation of the block is really a breakthrough. Developers are trying to upgrade the platform as much as possible.
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November 11, 2018, 05:39:41 PM
 #1315

Will any other coins be used other than SINS? Or will only SINS be an indispensable coin on this platform?
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November 11, 2018, 05:43:22 PM
 #1316

Will any other coins be used other than SINS? Or will only SINS be an indispensable coin on this platform?
of course, the platform works only with the use of SINS. SINS is required for each transaction and each instance in which an intelligent contract is executed. In addition, master codes require a deposit kept in SINS. Therefore, SINS is an integral part of the daily operation of the platform.
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November 11, 2018, 05:47:09 PM
 #1317

SafeInsure project places a premium for research, development and adoption. This concerns the distribution of coins. As I understand it, the developers very competently approached this issue and consider these key points as the basis of a promising approach.
hi2gage
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November 11, 2018, 05:52:34 PM
 #1318

SafeInsure project places a premium for research, development and adoption. This concerns the distribution of coins. As I understand it, the developers very competently approached this issue and consider these key points as the basis of a promising approach.
these points are supported by additional funding from other areas. With this model, according to the developers, the project will be successful.
Aleksey1918
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November 11, 2018, 09:32:03 PM
 #1319

Developers of safeinsure coin are amazing. I like that they are always try to improve their project and I think it will be a great way to attract more users. I hope that more people will join this incredible project.
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November 11, 2018, 09:39:17 PM
 #1320

Developers of safeinsure coin are amazing. I like that they are always try to improve their project and I think it will be a great way to attract more users. I hope that more people will join this incredible project.

Wow. You are so delighted. It means a lot when the project inspires people. Well, I want to know more details about safeinsure coin. What exactly have you meant when you said that developers really care about their clients?
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