Introducing Storecoin zero-fee payments and p2p cloud computing platform

[Gubkat]

Read this info from LP: Storecoin governance institutes “one entity, one vote”, which prevents an adversary with a disproportionately large stake in the network asserting disproportionately large voting power. Any questions?

[1714940014]

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[gaerisk]

Read this info from LP: Storecoin governance institutes “one entity, one vote”, which prevents an adversary with a disproportionately large stake in the network asserting disproportionately large voting power. Any questions?

I think that the Know Your Voter process is too complicated to implement. The main problem is here: “One entity, one vote” mandates verified identities of all voters, which typically requires a centralized identity verifier to certify voter identities.

[Valeriiko]

Yeah, how can we give a KYV for each voter of big country, for example USA, China or Russia?

[Filatenw]

Yeah, how can we give a KYV for each voter of big country, for example USA, China or Russia?

I’ve read a Litepaper and it looks like a comprehensive project, I want to invest it a little. Storecoin has a lot of potential

[Gubkat]

to my regret, even after visiting your site, I didn't get information about what your main goal is and how you will achieve it

[Valeriiko]

I see a lot of projects focusing attention on data. Data is a really good use case for blockchain technology. But I am not sure that all such projects will present viable product. What are advantages of this project?

[gaerisk]

I see a lot of projects focusing attention on data. Data is a really good use case for blockchain technology. But I am not sure that all such projects will present viable product. What are advantages of this project?

I see the main advantages in zero-fee payments, a decentralized p2p cloud computing platform and a protocol for app developers to mint their own cryptographic tokens

[Filatenw]

I like both the project and the team very much. Wish you all good luck and I am sure this project will be a success! 😊

[Gubkat]

I like both the project and the team very much. Wish you all good luck and I am sure this project will be a success! 😊

As people living in 21 century, we have become the tools to collect data through our actions, behaviors and movements.

[Valeriiko]

Did you see this review from Ivan? https://www.youtube.com/watch?v=7ksYMBu0CHE

[gaerisk]

Why some people call Storecoin the next Bitcoin 3.0?

[Filatenw]

I got acquainted with Storecoin at the CoinAgenda Conference, hi Chris!

[storecoindev]

I don’t understand why tokens which backed by data is more stable than tokens which backed by USD or a basket of global currencies..

This is not about stability. Tokens backed by USD or a basket of global currencies have their own use cases. If data is the new oil we believe that it can be tokenized. Think of every piece of *valuable* data having its own private key. If data is indeed valuable, the resulting datacoins will be valuable too. This is in contrast to ERC20 tokens, which are not backed by anything (except for the future deliverables by the team) and hence they are mostly speculative. Our Litepaper describes these concepts in detail.

- Storecoindev

[storecoindev]

So where to buy storecoins?

Storecoin website

- Storecoindev

[Gubkat]

Data explosion is a real problem and seems like this process will not stop.

[storecoindev]

Read this info from LP: Storecoin governance institutes “one entity, one vote”, which prevents an adversary with a disproportionately large stake in the network asserting disproportionately large voting power. Any questions?

I think that the Know Your Voter process is too complicated to implement. The main problem is here: “One entity, one vote” mandates verified identities of all voters, which typically requires a centralized identity verifier to certify voter identities.

KYV will be a complex process (not from the voter's perspective, but the implementation), but we believe that it is necessary to remove any dependence on a centralized entity to make decisions. See this paper for verifying identity as a social intersection. "Decentralization" means different things to different people and the meaning changes from one context to another. The question is, how can you start the process of decentralization without a (even semi-) centralized decision making process? We believe KYV is one such answer.

- Storecoindev.

[storecoindev]

to my regret, even after visiting your site, I didn't get information about what your main goal is and how you will achieve it

Not sure if you have seen our Litepaper, which discusses the problem domain and our solution in great detail. It contains a few references to our research for further reading. Hope, that helps.

- Storecoindev.

[storecoindev]

Data explosion is a real problem and seems like this process will not stop.

Data explosion is indeed a real problem and with that comes privacy and data security problems. We live in an ad-supported economy where majority of services are offered free of charge in exchange for allowing harnessing users’ data. This means, users pay for the services they use with their privacy. Many data projects promise user privacy, but they skirt the fact that a) privacy is a spectrum -- some tolerate it better than others, if they perceive the services they are using as beneficial and b) ad-supported and data-trading/sharing economy is here to stay. So, we attempt to address this head on with our privacy and de-identification module for the Storecoin Platform. We will certainly learn more as we make progress, but we believe that this problem (privacy and security) must be dealt head on.

- Storecoindev

[Filatenw]

Data explosion is a real problem and seems like this process will not stop.

I don’t agree with you. Now many people refuse to use social networks and reduce their information flow!

[U]

Just a new name of ICO to MTO,of course I support both.
100X for earlier private sales with current price with nothing important achieved.
Nice work.
https://research.storecoin.com/treasury