look, look, what's this

[Firlis]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

[zsu123]

Such a digital currency already exists, so what?  Can you invest in it?

[Firlis]

Such a digital currency already exists, so what?  Can you invest in it?

There is no digital currency that can be traded offline in the true sense. If such a digital currency appears, I personally think it can be invested!  What do you think?

[yhiaali3]

How can digital currencies be traded offline? Can you explain the idea?

[Firlis]

How can digital currencies be traded offline? Can you explain the idea?

It is an offline transaction, using a new algorithm, using Bluetooth transactions, so that the digital currency usage scenario returns to the essence of currency!

[vv181]

Digital currency and offline transaction mechanisms are mutually exclusive conditions.

If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies!

If that is so great, there should be an existing one already!

How can digital currencies be traded offline? Can you explain the idea?

It is an offline transaction, using a new algorithm, using Bluetooth transactions, so that the digital currency usage scenario returns to the essence of currency!

I think you misunderstood something. It is expected in some cases, the internet connection is hardly functioning to utilise digital currency, but an offline method of transaction, like using Bluetooth or NFC eventually still requires internet access.

We can not send and verify the transaction itself without any internet connection, so we can make sure the whole transaction process goes thorough. It is just inherently not how digital currency essentially works.

[Bitstar_coin]

So which one is it, are you telling or asking because even the title kinda different from the content.
I haven't seen any digital currency traded offline and I always wonder how that will be possible.

It is an offline transaction, using a new algorithm, using Bluetooth transactions, so that the digital currency usage scenario returns to the essence of currency!

This sound interesting as Bluetooth does not require to be online to operate so someone can literally do transactions even in the most remote areas. Perhaps this is going to be the new focus in crypto. If crypto is about inclusion and supporting the unbanked, this seem like the best idea.

[Firlis]

So which one is it, are you telling or asking because even the title kinda different from the content.
I haven't seen any digital currency traded offline and I always wonder how that will be possible.

It is an offline transaction, using a new algorithm, using Bluetooth transactions, so that the digital currency usage scenario returns to the essence of currency!

This sound interesting as Bluetooth does not require to be online to operate so someone can literally do transactions even in the most remote areas. Perhaps this is going to be the new focus in crypto. If crypto is about inclusion and supporting the unbanked, this seem like the best idea.

The encryption algorithm has been updated. I also saw it from reddit. It seems that it will be launched soon!

[ming789]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

Thousands of digital currencies already, the kind of digital currency you said in large-scale application scenarios ?How can it be？First of all, how to ensure security?

[USMKAI4]

Digital currency and offline transaction mechanisms are mutually exclusive conditions.

If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies!

If that is so great, there should be an existing one already!

How can digital currencies be traded offline? Can you explain the idea?

It is an offline transaction, using a new algorithm, using Bluetooth transactions, so that the digital currency usage scenario returns to the essence of currency!

I think you misunderstood something. It is expected in some cases, the internet connection is hardly functioning to utilise digital currency, but an offline method of transaction, like using Bluetooth or NFC eventually still requires internet access.

We can not send and verify the transaction itself without any internet connection, so we can make sure the whole transaction process goes thorough. It is just inherently not how digital currency essentially works.

It seems that a team used a completely different algorithm than before, combining the encryption process with localization, and it is still random number calculation.  Anyway, it's quite complicated!

[USMKAI4]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

Thousands of digital currencies already, the kind of digital currency you said in large-scale application scenarios ?How can it be？First of all, how to ensure security?

I saw on reddit that not only offline transactions can be realized, but also pseudo-anonymous transactions, related to some decentralized platforms, and some projects will also be done!

[Wiwo]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

Tried so much to understand what you are saying but couldn't but all the same for clarity's sake,  you have to know that cryptocurrency can not be traded offline and at that you may have been wrong in that statement.

I advise you to make your way around rearranging your words and sentence as to make an understandable statement that can trigger a discussion regarding the topic.

[Firlis]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

Tried so much to understand what you are saying but couldn't but all the same for clarity's sake,  you have to know that cryptocurrency can not be traded offline and at that you may have been wrong in that statement.

I advise you to make your way around rearranging your words and sentence as to make an understandable statement that can trigger a discussion regarding the topic.

According to the original cryptocurrency theory, the structure of chains and blocks really cannot be offline.  But this is a brand new technology.  It is not only encrypted, but also offline!

[@sriyan]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

Let's assume we need to send Bitcoin to the moon. Can we use the satellite as the nodes? In this case, you need some connection between the satellite. otherwise, how do we verify the transactions? So you need the internet or some other communication mechanism to work correctly.

[windelves9]

我认为如果真的能实现，我愿意尝试，毕竟安全性是我最重视的。

[Kelvinid]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

What I think is that - it never happens. The absence of the internet seems to be the worse thing happening in crypto as we rely on it.
In fact, it was been created because we are in the internet era which means that everything we do when involved in crypto trade comes with the use of the internet if not like you have said "Bluetooth" transactions, I don't think it really works. Does anyone work on this? Well, nothing because it was impossible IMO.

[rat4]

A transaction can happen offline of a receiver trusts a sender, but in the general case the double spend problem has to be solved.

Perhaps what you mean is a mesh network on top of bluetooth/wi-fi?

[Kelvinid]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

What I think is that - it never happens. The absence of the internet seems to be the worse thing happening in crypto as we rely on it.
In fact, it was been created because we are in the internet era which means that everything we do when involved in crypto trade comes with the use of the internet if not like you have said "Bluetooth" transactions, I don't think it really works. Does anyone work on this? Well, nothing because it was impossible IMO.

[raidarksword]

Crypto can be traded offline? that's new! I am just know crypto can be traded online thru platform or dexes but offline? It might sound impossible because every thing buy and sell orders can be only available online for users can interact with. Maybe you should provide more information so that everyone can think or give more feedback towards it.

[ming789]

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

What I think is that - it never happens. The absence of the internet seems to be the worse thing happening in crypto as we rely on it.
In fact, it was been created because we are in the internet era which means that everything we do when involved in crypto trade comes with the use of the internet if not like you have said "Bluetooth" transactions, I don't think it really works. Does anyone work on this? Well, nothing because it was impossible IMO.

It really shocked me,offline?How it can?