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Author Topic: A project to help make Ethereum the number one cryptocurrency.  (Read 672 times)
VictorProsh
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August 10, 2020, 02:14:17 AM
 #1

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
    In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of ​​my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
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August 10, 2020, 02:54:19 AM
 #2

Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.

Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been. But whether there will be a help or none from any other projects, Ethereum won't surpass bitcoin.

It will remain as the number one crypto.

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August 10, 2020, 04:29:44 AM
 #3

Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.

Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been. But whether there will be a help or none from any other projects, Ethereum won't surpass bitcoin.

It will remain as the number one crypto.
You are right financial security is the main factor that I first of all considered in the project. You don’t send your financial asset (Ethereum) to anyone in the project, but keep it at your address in a smart contract, thus you don’t fear that someone can steal it or nullify the equivalent of your financial asset, you can mortgage and receive its full value or sell, and your asset will remain locked in a smart contract at your address.
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August 10, 2020, 05:15:51 AM
 #4

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
    In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of ​​my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
What does cryptocurrency lending have to do with its ability to bypass the price dominance of bitcoin, including how ethereum can become the number one cryptocurrency?
In my opinion, the dominance of bitcoin will disappear only if the level of its capitalization drops significantly and approaches the level of capitalization of other cryptocurrencies. Perhaps this will happen someday.

VictorProsh
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August 10, 2020, 05:27:57 AM
Last edit: August 10, 2020, 05:52:50 AM by VictorProsh
 #5

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
    In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of ​​my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
What does cryptocurrency lending have to do with its ability to bypass the price dominance of bitcoin, including how ethereum can become the number one cryptocurrency?

In my opinion, the dominance of bitcoin will disappear only if the level of its capitalization drops significantly and approaches the level of capitalization of other cryptocurrencies. Perhaps this will happen someday.

Direct. Big business will come to the capitalization of Ethereum if it is sure that its investments are reliably secured and under no circumstances can be reset or lost due to negative market volatility.
 agree with you. As soon as the owners of Ethereum begin to manage the capitalization level, without fear of negative volatility, everything will fall into place in the project, read this, and a lot will become clear to you. http://prosh.ru/smartcontract.html
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August 10, 2020, 10:56:51 AM
 #6

I think that for a coin to be number one, there is a huge work to do, for exemple : solving problems that "first coins" didn't (which is not appropriate in the case of Ethereum because of its blockchain congestion that happens from time to time)
VictorProsh
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August 10, 2020, 11:18:48 AM
 #7

I think that for a coin to be number one, there is a huge work to do, for exemple : solving problems that "first coins" didn't (which is not appropriate in the case of Ethereum because of its blockchain congestion that happens from time to time)
Everything you say is correct, but this is a technical problem, it will sooner or later be solved. The main issue is the safety of investments in cryptocurrency that this project solves.
15. The project is completely lacking any regulator. The main advantage of the project is that ETH owners manage their financial assets without sending them anywhere other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need ETH-WORLD tokens. With a high volatility of ETH in the market, it will be profitable to place it in the deposit of a smart contract, and the received ETH-WORLD coin, which always has only a growth that is not commensurate with the fall in the price of ETH, can be pledged thereby preserving the deposit assets. You can return (unlock) your assets at any time by sending ETH-WORLD tokens to the deposit addresses in the smart contract.
16. This financial system is a symbiosis of two ETH-WORLD and Ethereum tokens working in pairs and mutually compensating each other. The negative volatility of ETH creates a positive prerequisite for placing it in the deposit of a smart contract. The larger the ETH deposit is in the smart contract, the higher the cost of the ETH-WORLD token will be, which means the value of the saved asset. In turn, a large amount of the deposit creates a deficit in ETH turnover in the network, which leads to an increase in its value.
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August 10, 2020, 11:25:14 AM
Last edit: August 10, 2020, 11:38:01 AM by bigcash2011
 #8

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
    In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of ​​my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
Ethereum and its development depends totally on ethereum developers and i think they will be enough to make ethereum the best as ethereum has the largest number of developers working on it. As far as other projects are concerned it is great to know that so many projects are working under or developing under ethereum ecosystem this will definitely help in more ethereum adoption over the years.

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August 10, 2020, 11:26:34 AM
 #9

investment borrowing? how is it going?

For example: I borrow crypto for investment, where I do not issue any money or collateral, and when the price of the investment that I enter or borrow continues to decline, won't the project owner actually lose with that? it may be profitable for the borrower, but detrimental to the owner of the loan project.


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August 10, 2020, 11:31:54 AM
 #10

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
    In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of ​​my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
What does cryptocurrency lending have to do with its ability to bypass the price dominance of bitcoin, including how ethereum can become the number one cryptocurrency?
In my opinion, the dominance of bitcoin will disappear only if the level of its capitalization drops significantly and approaches the level of capitalization of other cryptocurrencies. Perhaps this will happen someday.
He has not idea about what impact that already given by the lend service to the ethereum. There are some lending crypto that have already operated in ethereum blockchain and it gives nothing to the ethereum.
I think is if everyone aware about nexo.

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VictorProsh
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August 10, 2020, 11:39:39 AM
 #11

I invite you to discuss an idea that can help Ethereum become the number one cryptocurrency or disprove it.
Currently, there is not a single cryptocurrency storage and lending solution in the cryptocurrency world that does not depend on the speculative rate of BITCOIN, managed by its main owners and who benefit from its controlled volatility.
    In the project I propose, there is a solution for lending cryptocurrencies secured by smart contract tokens, without fear of losing financial assets in the event of negative market volatility. If you can refute the idea of ​​my project, I ask you to prove it in numbers, and if you see the prospect of development, I will be glad to accept any help or advice for its implementation.
http://prosh.ru/smartcontract.html
What does cryptocurrency lending have to do with its ability to bypass the price dominance of bitcoin, including how ethereum can become the number one cryptocurrency?
In my opinion, the dominance of bitcoin will disappear only if the level of its capitalization drops significantly and approaches the level of capitalization of other cryptocurrencies. Perhaps this will happen someday.
He has not idea about what impact that already given by the lend service to the ethereum. There are some lending crypto that have already operated in ethereum blockchain and it gives nothing to the ethereum.
I think is if everyone aware about nexo.
Before judging this, at least read the text of the draft and then it may become clear to you what it is about.
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August 10, 2020, 12:04:22 PM
 #12

^^ tldr;

I guess it's better for you to tell us what challenges ETH, because as far as we know, ETH is still the umber one altcoin even though it has been put to the test many times with many competitions coming along the way. And it's really hard not to correlate any crypto to bitcoin, after all, trading pairs are based on it.

And for the volatility, it's part of the market and it is going to be difficult to minimise it. That's why investors know that there is risk. Then we have the Defi now, locking your funds. And we have the ETH staking in which investors are going to profit by participation alone.

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August 10, 2020, 12:40:23 PM
 #13

I think that ETH need to improve as second currency in some county like Russia and than it really start to be the number one! we will see, I believe  that such project could be!
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August 10, 2020, 12:56:39 PM
Last edit: August 10, 2020, 01:15:35 PM by VictorProsh
 #14

^^ tldr;

I guess it's better for you to tell us what challenges ETH, because as far as we know, ETH is still the umber one altcoin even though it has been put to the test many times with many competitions coming along the way. And it's really hard not to correlate any crypto to bitcoin, after all, trading pairs are based on it.

And for the volatility, it's part of the market and it is going to be difficult to minimise it. That's why investors know that there is risk. Then we have the Defi now, locking your funds. And we have the ETH staking in which investors are going to profit by participation alone.
17. My Project is also fundamentally different from the DeFi financial system, which is based on the existing monetary system, focused on Stablecoins, which has an administration based on the exchange rate of the dollar and is exposed to the risk of losing financial assets in the event of large and sharp negative volatility of ETH. Also, the main difference from Defi is that you do not transfer your ETH, it is always at your address in the smart contract and you have 100% collateral without additional collateral. And yet, in all Defi projects, the purchase of tokens for ETH is provided in my project, you do not buy tokens from a smart contract, you place your deposit, and the smart contract (bank) gives you its guarantees that you can return and get everything back, while you will have part of the guarantees (tokens) this will be your income.
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August 11, 2020, 02:02:59 AM
 #15

I think that ETH need to improve as second currency in some county like Russia and than it really start to be the number one! we will see, I believe  that such project could be!
The fundamental difference between this project and DeFi
The fact that the DAO community manages all of their derivatives from Ethereum and can either nullify or block any tokens they create. In my project, ETH-WORLD tokens do not have control at all and under no circumstances can depreciate. In turn, they influence and manage volatility and ultimately the emission and price of Ethereum itself on the blockchain network.
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August 11, 2020, 10:15:50 AM
 #16

Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.

Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been. But whether there will be a help or none from any other projects, Ethereum won't surpass bitcoin.

It will remain as the number one crypto.
You are right financial security is the main factor that I first of all considered in the project. You don’t send your financial asset (Ethereum) to anyone in the project, but keep it at your address in a smart contract, thus you don’t fear that someone can steal it or nullify the equivalent of your financial asset, you can mortgage and receive its full value or sell, and your asset will remain locked in a smart contract at your address.
It's about the platform itself. The Ethereum chain is there and will always be there if your token was made on their network.

What people who don't have enough knowledge about security is that they won't be fearful of the potential hacking of the platform where they have deposited their Ethereum or any crypto assets that it requires for you to be invested to their DeFi.

To me, it's the most important factor, security.

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August 11, 2020, 10:41:33 AM
 #17

Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.

Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been. But whether there will be a help or none from any other projects, Ethereum won't surpass bitcoin.

It will remain as the number one crypto.
You are right financial security is the main factor that I first of all considered in the project. You don’t send your financial asset (Ethereum) to anyone in the project, but keep it at your address in a smart contract, thus you don’t fear that someone can steal it or nullify the equivalent of your financial asset, you can mortgage and receive its full value or sell, and your asset will remain locked in a smart contract at your address.
It's about the platform itself. The Ethereum chain is there and will always be there if your token was made on their network.

What people who don't have enough knowledge about security is that they won't be fearful of the potential hacking of the platform where they have deposited their Ethereum or any crypto assets that it requires for you to be invested to their DeFi.

To me, it's the most important factor, security.
Dear what do you mean by the term (their platform)? In my project, I took this into account. My project is stand alone and not as unrelated to (their platform) if you mean the DeFi platform. ETH in the depository cannot be stolen from the addresses of the owners connected to the smart contract, since it is blocked. You can return (unlock) your assets at any time by sending ETH-WORLD tokens to the deposit addresses in the smart contract.
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August 11, 2020, 11:00:19 AM
 #18

It's about the platform itself. The Ethereum chain is there and will always be there if your token was made on their network.

What people who don't have enough knowledge about security is that they won't be fearful of the potential hacking of the platform where they have deposited their Ethereum or any crypto assets that it requires for you to be invested to their DeFi.

To me, it's the most important factor, security.
Dear what do you mean by the term (their platform)? In my project, I took this into account. My project is stand alone and not as unrelated to (their platform) if you mean the DeFi platform. ETH in the depository cannot be stolen from the addresses of the owners connected to the smart contract, since it is blocked. You can return (unlock) your assets at any time by sending ETH-WORLD tokens to the deposit addresses in the smart contract.
Yes, it's about any other platform, I mean most platforms.

About the deposits and contracts, I'm addressing the security which means that how most of the projects are keeping themselves strong in terms of security.

I'm only saying that from an investor's perspective, we don't usually go with the deeper knowledge about security but just want to avoid those hackings just like what happened with DeFi platforms that has been reported to be hacked.

I wish your project all the best.

VictorProsh
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August 11, 2020, 11:37:20 AM
 #19

It's about the platform itself. The Ethereum chain is there and will always be there if your token was made on their network.

What people who don't have enough knowledge about security is that they won't be fearful of the potential hacking of the platform where they have deposited their Ethereum or any crypto assets that it requires for you to be invested to their DeFi.

To me, it's the most important factor, security.
Dear what do you mean by the term (their platform)? In my project, I took this into account. My project is stand alone and not as unrelated to (their platform) if you mean the DeFi platform. ETH in the depository cannot be stolen from the addresses of the owners connected to the smart contract, since it is blocked. You can return (unlock) your assets at any time by sending ETH-WORLD tokens to the deposit addresses in the smart contract.
Yes, it's about any other platform, I mean most platforms.

About the deposits and contracts, I'm addressing the security which means that how most of the projects are keeping themselves strong in terms of security.

I'm only saying that from an investor's perspective, we don't usually go with the deeper knowledge about security but just want to avoid those hackings just like what happened with DeFi platforms that has been reported to be hacked.

I wish your project all the best.
Thank you for your wish. If you have carefully read the terms of the project, you may have some comments that, in your opinion, seem unacceptable to you, for example - Smart contract (bank - depository) allows you to accumulate all available free ETH in a deposit. The returned tokens to the smart contract are canceled, once they burn out blocking ETH. The ETH-WORLD coin initially has the capitalization of ETH, since it is not issued additionally like all existing types such as TEZER and other Stablecoins, which are allegedly provided by the "ghost of money" buried in an unknown place and whose action can be covered at any time, since they are manually controlled and someone is personally responsible for their release. The project is also fundamentally different from the DeFi financial system, which is based on the existing monetary system, focused on Stablecoins, which has an administration based on the exchange rate of the dollar and is exposed to the risks of losing financial assets with large and sharp negative volatility of ETH.
A side view is very important to me.
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August 11, 2020, 12:33:22 PM
 #20

Basically the best thing about the crypto market is that it is always volatile, if the market is not volatile we can hardly make money from it.
Besides, Bitcoin is the king of the crypto market and it is very difficult for any coin to surpass it, and all the currencies in the market must depend on bitcoin.
So I think a project of a coin that is not volatile, and that could make ETH number one is not viable.

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