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Author Topic: A project to help make Ethereum the number one cryptocurrency.  (Read 920 times)
nomenclatur
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November 17, 2020, 01:44:55 AM
 #61

it is not easy to make the Defi platform loan project also still prone and easy to break into by hackers very insecure there must be another adoption on the ethereum platform to be able to support all that is realized to fulfill the lending platform program that can help many people I don't expect too much for the Defi platform there is still a gap to take all the coins stored on the Defi platform, it is very difficult to make it safer, there must be a change that is even better to make investors safer for investment.


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Buttermellow
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November 17, 2020, 02:15:24 AM
 #62

it is not easy to make the Defi platform loan project also still prone and easy to break into by hackers very insecure there must be another adoption on the ethereum platform to be able to support all that is realized to fulfill the lending platform program that can help many people I don't expect too much for the Defi platform there is still a gap to take all the coins stored on the Defi platform, it is very difficult to make it safer, there must be a change that is even better to make investors safer for investment.
I do believe that developers are already also taking steps to secured and ensure the smooth flow of the platform they develop. Usually, I just always observe about the two way authenticator system using cell number to be integrated in the system. This is one of the most secured way of keeping the platform away from any hacking activity or a user getting phished out by hackers that can't get an easy access to user's account.
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November 17, 2020, 02:30:34 AM
 #63

This project does not collect anything from anyone, he offers you to save this ether on your account in the deposit, and you can put the contract tokens into circulation and sell, pledge while remaining the owner of your ether.
Then what benefits will the Ether store get in their own account? is there some kind of program that can make him a big fortune in that? if yes then obviously very good, but if there is nothing, it is better to use Ether for something else than to have to save without any profit.

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November 17, 2020, 03:23:50 AM
 #64

This project does not collect anything from anyone, he offers you to save this ether on your account in the deposit, and you can put the contract tokens into circulation and sell, pledge while remaining the owner of your ether.
Then what benefits will the Ether store get in their own account? is there some kind of program that can make him a big fortune in that? if yes then obviously very good, but if there is nothing, it is better to use Ether for something else than to have to save without any profit.
Same question here because the topic seems to be promoting a site that will push Ethereum to take the position of bitcoin though it is impossible to happen in this short time.
Ethereum needs long time and support to finally beat down Bitcoin of course with Luck lol.

You can do same claim mate,because we are all free to say but the thing is How and when?4 years?unless ethereum take a 1/2 of bitcoin market cap i will make believe.,
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March 22, 2021, 01:02:30 AM
 #65

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.
Bitcoin will remain digital gold, and Ethereum is the digital oil that fuels the development of new decentralized financial technologies, and time will tell who will be more valuable in the future.
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March 23, 2021, 09:25:24 PM
 #66

Each of us has own opinion about how the fate of the two most promising cryptocurrencies will turn out. It is clear that many dream of seeing Ethereum in the first place, and it is quite worth it, you just need to modify the network for even greater efficiency.

I think the Ethereum developers will find a way to solve this.

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August 02, 2021, 05:33:33 AM
 #67

Personally I strongly believe in Ethereum. Devs continue developing their product. New financial solutions appear upon it all the time. And we definitely shouldn’t forget about Ethereum 2.0. It promises to make Ethereum more scalable, cheaper and more eco-friendly.
Talking about the dependence of Ethereum on Bitcoin. There is nothing surprising about it. All altcoins follow its global trends as when it is falling, people start to panic and sell everything.

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October 02, 2021, 01:18:03 PM
 #68

Personally I strongly believe in Ethereum. Devs continue developing their product. New financial solutions appear upon it all the time. And we definitely shouldn’t forget about Ethereum 2.0. It promises to make Ethereum more scalable, cheaper and more eco-friendly.
Talking about the dependence of Ethereum on Bitcoin. There is nothing surprising about it. All altcoins follow its global trends as when it is falling, people start to panic and sell everything.


There are other blockchains like Binance that also support hosting DAPPs, but what makes ETH king of DAPPs is its community of developers that keep developing all the time and has given a complete edge over other blockchain.. The interconnected upgrades in Eth 2.0 by team of global developers has made Ethereum more scalable, more secure, and more sustainable.
Having said so, there is nothing in crypto market that doesn't depend on Bitcoin and Eth is not an exception. 

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April 19, 2022, 01:49:27 AM
 #69

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.
Volatility is the life of the crypto market and it will always be, and the higher it is, the more necessary a reliable place to save your investments, which this project will be.
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April 19, 2022, 02:24:39 AM
 #70

The very nature of cryptocurrency itself is decentralized. Maybe your idea is good because with a cryptocurrency bank like this you can not only manage existing assets, but maybe you want to guarantee the security of assets that are stored in your bank. However, we all believe in ourselves, we enter here of course with a risk that we are aware of, this is not only a matter of trading risk but also the risk of getting hacker attacks. Even though we store assets in a strong vault bank, if a virus enters virtually that vault then it's the same. How do you ensure the safety of your customers' assets?
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April 19, 2022, 07:33:38 AM
 #71

The very nature of cryptocurrency itself is decentralized. Maybe your idea is good because with a cryptocurrency bank like this you can not only manage existing assets, but maybe you want to guarantee the security of assets that are stored in your bank. However, we all believe in ourselves, we enter here of course with a risk that we are aware of, this is not only a matter of trading risk but also the risk of getting hacker attacks. Even though we store assets in a strong vault bank, if a virus enters virtually that vault then it's the same. How do you ensure the safety of your customers' assets?
Security is the basis of the project.
1. Your financial asset is always locked in a separate cell at your address in the smart contract and is accounted for in the total balance of the crypto bank.
2. To get access to the contents of the cell, it is necessary to send the appropriate number of contract tokens to this address.
3. The crypto bank consists of millions of such cells, so if one wallet address is hacked, hackers can steal only what is stored there.

http://prosh.info/smart_eng.html                                                                                         
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April 21, 2022, 10:45:48 AM
 #72

The very nature of cryptocurrency itself is decentralized. Maybe your idea is good because with a cryptocurrency bank like this you can not only manage existing assets, but maybe you want to guarantee the security of assets that are stored in your bank. However, we all believe in ourselves, we enter here of course with a risk that we are aware of, this is not only a matter of trading risk but also the risk of getting hacker attacks. Even though we store assets in a strong vault bank, if a virus enters virtually that vault then it's the same. How do you ensure the safety of your customers' assets?
I doubt that hacker attacks are worrisome as much as it used to be. Crypto wallets themselves are very hard to crack into and I am pretty sure it can be done, so how do they hack into stuff? They hack into projects, not people individually but into projects, which means they will be capable of stealing tens of millions of dollars worth of money collected by many people all invested into one place, imagine if binance got hacked, similar thing.

However, it is not just you and me getting hacked, that rarely happens, that is where scammers start to work on, they realized that they can't hack into one wallet, but they can convince the owner of that wallet to give them that money somehow.

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April 21, 2022, 08:59:08 PM
 #73

The very nature of cryptocurrency itself is decentralized. Maybe your idea is good because with a cryptocurrency bank like this you can not only manage existing assets, but maybe you want to guarantee the security of assets that are stored in your bank. However, we all believe in ourselves, we enter here of course with a risk that we are aware of, this is not only a matter of trading risk but also the risk of getting hacker attacks. Even though we store assets in a strong vault bank, if a virus enters virtually that vault then it's the same. How do you ensure the safety of your customers' assets?
I doubt that hacker attacks are worrisome as much as it used to be. Crypto wallets themselves are very hard to crack into and I am pretty sure it can be done, so how do they hack into stuff? They hack into projects, not people individually but into projects, which means they will be capable of stealing tens of millions of dollars worth of money collected by many people all invested into one place, imagine if binance got hacked, similar thing.

However, it is not just you and me getting hacked, that rarely happens, that is where scammers start to work on, they realized that they can't hack into one wallet, but they can convince the owner of that wallet to give them that money somehow.
There is no common storage in this project, each cell is an independent bank. The cell is accessible to everyone. Anyone can put ETH or a cryptobank token in it. In the first case, the one who deposited ETH will receive ETH-WORLD tokens, in the second case, by unlocking ETH in the smart contract, the bond tokens are extinguished and burned, while an identical clone of the new smart contract is formed with the address of the next co-owner of the crypto bank. Deposits of all clones of individual smart contracts are summed up and taken into account in the generation of the total issue of tokens–bonds (Stablecoins).
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April 23, 2022, 12:47:46 AM
Last edit: April 23, 2022, 12:59:49 AM by VictorProsh
 #74

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.

This project allows you to borrow Fiat against the security of your ether, and your ether remains at the address of your wallet in the smart contract, and the bank will have smart contract tokens as collateral. Tokens are very attractive to the bank because they are secured and cannot be devalued and have a positive growth trend, unlike ETH, which has uncontrolled volatility. The bank can issue an interest-free perpetual loan secured by the client's tokens-bonds (an Islamic lending option), although there may be other conditions. The bank does not have access to the client's ETH deposit and in case of non-repayment of the loan can only sell tokens, and ETH will remain in the deposit blocked at the address (account) assigned to the client. Such a scheme of insurance against losses in case of atr volatility is very profitable and can attract ETH owners to become owners of a crypto bank, which in turn will increase the total deposit of ETH and, accordingly, the cost of tokens.
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