digital67
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December 19, 2018, 01:36:17 PM |
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do you think you'll have some scalability problems without your own blockchain? I mean Ethereum's really going on scalability problems going on 15 TPS.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Bit.Team Official Support (OP)
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December 19, 2018, 01:37:51 PM |
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do you think you'll have some scalability problems without your own blockchain? I mean Ethereum's really going on scalability problems going on 15 TPS.
With a high level of automation that Bit Team platform has, it shouldn't be a problem. BTT is ERC20, our platform is blockchain based but not necessarily means that we will have the same network transaction limitation with Ethereum. |
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digital67
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December 19, 2018, 01:38:13 PM |
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do you think you'll have some scalability problems without your own blockchain? I mean Ethereum's really going on scalability problems going on 15 TPS.
With a high level of automation that Bit Team platform has, it shouldn't be a problem. BTT is ERC20, our platform is blockchain based but not necessarily means that we will have the same network transaction limitation with Ethereum. Good to know. thanks! |
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sebast88
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December 19, 2018, 02:47:01 PM |
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any PoS?
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Bit.Team Official Support (OP)
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December 19, 2018, 02:47:36 PM |
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any PoS?
Hi, Bit.Team platform runs on Ethereum blockchain and inherits characteristics thereinto. |
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sebast88
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December 19, 2018, 02:50:28 PM |
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any PoS?
Hi, Bit.Team platform runs on Ethereum blockchain and inherits characteristics thereinto. Okay but your TPS is unlikely similar because ethereum is absolutely incapable of handling larger transaction than it use to. |
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Bit.Team Official Support (OP)
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December 19, 2018, 02:52:48 PM |
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any PoS?
Hi, Bit.Team platform runs on Ethereum blockchain and inherits characteristics thereinto. Okay but your TPS is unlikely similar because ethereum is absolutely incapable of handling larger transaction than it use to. Bit.Team has a unique approach to scalability of transactions when it comes to that, since the model that we have is designed to handle hundreds and thousands of transaction per second, we will not be having the same issue with that level such Ethereum has. More detailed technical properties to be posted soon! Thanks! |
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delete9o
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December 20, 2018, 11:17:32 AM |
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What are the countries that is not allowed to participate on the project?
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Bit.Team Official Support (OP)
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December 20, 2018, 11:17:47 AM |
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What are the countries that is not allowed to participate on the project?
Singapore, USA, China |
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mmms22
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December 20, 2018, 11:18:35 AM |
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What will distinguish this product from other similar projects?
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Bit.Team Official Support (OP)
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December 20, 2018, 11:18:46 AM |
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What will distinguish this product from other similar projects?
For example, BIT.TEAM users can set their own desired exchange price when publishing a crypto purchase or sale request ad; Each trader has their own rating on the website dependent on the number of their successful transactions; users can also leave reviews about each other; Users are free to choose from a number of profile security level settings; etc. |
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delete9o
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December 20, 2018, 11:19:30 AM |
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Is BTT a utility token?
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Bit.Team Official Support (OP)
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December 20, 2018, 11:20:02 AM |
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Is BTT a utility token?
Based on its characteristics describe in our WP, yes it is. |
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delete9o
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December 20, 2018, 11:21:21 AM |
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I’d like to ask you what are the main challenges of the project and how are you going to tackle them?
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Bit.Team Official Support (OP)
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December 20, 2018, 11:21:38 AM |
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I’d like to ask you what are the main challenges of the project and how are you going to tackle them?
Probably, the question that we take the most seriously is the issue of security of our exchange and the competition on the market. |
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delete9o
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December 20, 2018, 11:22:34 AM |
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I’d like to ask you what are the main challenges of the project and how are you going to tackle them?
Probably, the question that we take the most seriously is the issue of security of our exchange and the competition on the market. Can we check your smart contract please? |
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Bit.Team Official Support (OP)
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December 20, 2018, 11:23:01 AM |
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I’d like to ask you what are the main challenges of the project and how are you going to tackle them?
Probably, the question that we take the most seriously is the issue of security of our exchange and the competition on the market. Can we check your smart contract please? Sure! This is the address of our smart contract: https://etherscan.io/address/0x73e603c31d000051bf49c917113d020bcb435535 |
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juandop
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December 20, 2018, 01:12:59 PM |
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Is the ICO still on going?
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Bit.Team Official Support (OP)
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December 20, 2018, 01:13:37 PM |
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Is the ICO still on going?
Yes it is. Feel free to visit our token sale website https://token.bit.team and participate early!  |
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juandop
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December 20, 2018, 01:24:17 PM |
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Is the ICO still on going?
Yes it is. Feel free to visit our token sale website https://token.bit.team and participate early! i actually invested during the first round and will come for more that's the reason I ask!  |
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