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Author Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴  (Read 9926 times)
Bogdamb0nd
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January 16, 2019, 03:04:48 PM
Last edit: January 22, 2019, 12:21:03 PM by Bogdamb0nd
 #301

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Bitcointalk ID: bogdamb0nd
Week Number: 2 16/01-22/01
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Whyknow78
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January 16, 2019, 03:17:03 PM
 #302

However, within this process authentication is not enough.  Cry
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January 16, 2019, 03:21:21 PM
 #303

Now, with the authorization part, this is what we have:

Authorization – having enough money, broadcasting the correct transaction type, etc – needs a distributed, peer-to-peer network as a starting point.
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January 16, 2019, 03:22:24 PM
 #304

A distributed network reduces the risk of centralized corruption or failure. Lips sealed Roll Eyes

Remember it reduces, doesn't mean it will go away all of the sudden
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January 16, 2019, 03:23:31 PM
 #305

Also with this distributed network must be committed to the transaction network’s "recordkeeping" and security.
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January 16, 2019, 03:26:23 PM
 #306

Continue with the main topic, authorizing transactions is a result of the entire network applying the rules upon which it was designed (the blockchain’s protocol).
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January 16, 2019, 03:39:11 PM
 #307

Authentication and authorization supplied in this way allow for interactions in the digital world without relying on (expensive) trust.
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January 16, 2019, 03:40:43 PM
 #308

But if we go with that thought of line we can determine that today, entrepreneurs in industries around the world have woken up to the implications of this development – unimagined, new and powerful digital relationshionships are possible.
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January 16, 2019, 03:42:10 PM
 #309

In these days the blockchain technology is often described as the backbone for a transaction layer for the Internet, the foundation of the Internet of Value.
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January 16, 2019, 03:43:28 PM
 #310

In fact, the idea that cryptographic keys and shared ledgers can incentivize users to secure and formalize digital relationships has imaginations running wild.   Tongue Roll Eyes
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January 16, 2019, 03:58:18 PM
 #311

Everyone from governments to IT firms to banks is seeking to build this transaction layer.
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January 16, 2019, 04:00:18 PM
 #312

Authentication and authorization, vital to digital transactions, are established as a result of the configuration of blockchain technology.

 Grin Grin
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January 16, 2019, 04:00:33 PM
 #313

For past years INTERNET was developed very fast. As a result of globalization the use of INTERNET is rapidly grown. So in future there will be an amazing world with the INTERNET. But now we have an idea about that future. That is this GRABITY project. As they said this will be the new paradigm of INTERNET. So let's make a big bond between INTERNET and SOCIAL.  Wink
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January 16, 2019, 04:01:45 PM
 #314

The idea can be applied to any need for a trustworthy system of record.

And thats how pretty much work
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January 16, 2019, 04:15:00 PM
 #315

In terms of the Grabity project, we know the are using ethereum.. But what is ethereum?
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January 16, 2019, 04:16:11 PM
 #316

Before, we can understand what is the ethereum we have to understand the internet as well
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January 16, 2019, 04:17:56 PM
 #317

Today, our personal data, passwords and financial information are all largely stored on other people’s computers – in clouds and servers owned by companies like Amazon, Facebook or Google.

As we all know, this is very common nowadays
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January 16, 2019, 04:19:11 PM
 #318

Exactly, including this forum, we all save all that personal information we can recover
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January 16, 2019, 04:22:01 PM
 #319

This setup has a number of conveniences, as these companies deploy teams of specialists to help store and secure this data, and remove the costs that come with hosting and uptime. Grin Grin
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January 16, 2019, 04:23:50 PM
 #320

But with this convenience, there is also vulnerability.
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