Firlis (OP)
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July 10, 2023, 01:33:00 PM |
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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.
I am also continuing to follow up, and new news will be sent out!
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Apocollapse
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July 10, 2023, 02:44:44 PM |
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We're already live in 21th century, do you want us to go back to 20th century?
Right now technology is always developing and almost all countries already have internet connection. People in this generation can't live without a cellphone and internet connection, this mean both of these things become a primary human needs.
Inventing a cryptocurrency which can work via offline isn't important, sooner or later the poor or old country will start adopting internet connection.
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justdimin
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July 10, 2023, 03:26:06 PM |
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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. Maybe you are just slow to comprehend things mate? I don't think what he was saying there is hard to understand. He didn't mean that there are cryptos which works offline but he only wish that one can be invented because the internet on their place is unstable. I think there is an innovation before where they can trade a crypto offline. It's like a lan to lan only. Meaning you can't be far when initiating a trade. Another concept would be is to create physical versions of crypto. So far there's already a few fan-made versions of it but they are rarely being traded because they are crafted with love and there might only be limited pieces of them.
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Xal0lex
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July 10, 2023, 04:47:31 PM |
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I think there is an innovation before where they can trade a crypto offline. It's like a lan to lan only. Meaning you can't be far when initiating a trade. Another concept would be is to create physical versions of crypto. So far there's already a few fan-made versions of it but they are rarely being traded because they are crafted with love and there might only be limited pieces of them.
Is offline cryptocurrency trading supported anywhere now? I have heard about various possibilities to pay, buy, sell, exchange bitcoin via cellular communication or other means of data transmission, for example, via radio. Although radio is still not a common way of transferring values and it is not widespread. It would be interesting to familiarize yourself with such services that allow you to trade bitcoin without the internet.
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TastyChillySauce00
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July 10, 2023, 05:11:31 PM |
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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?
Internet is a must these days. You have been talking about signal which doesn't even make sense this day. Are you going back again to the 2000's? The currencies can't be traded offline. Crypto needs internet to broadcast its tx hash to be verified by the miners or validator. What you have been taking was impossible to happen.
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gurunanakji777
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July 10, 2023, 05:30:11 PM |
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I don't think it's practically possible to engage in offline trading, even if we consider the concept. How would we determine the real-time trade price? We are aware of the highly volatile nature of cryptocurrencies, so offline trading is not possible. If someone claims otherwise, it's likely a small project with only a limited number of people aware of it, and it probably lacks significant trading volume. Even if there is such a scenario, it might be possible to trade stable currencies offline in the future, but honestly speaking, I don't know how that could be achieved. Currently, it seems impossible.
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southerngentuk
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July 10, 2023, 05:42:04 PM |
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Really trying to understand what you are talking about. Perhaps using digital currency for offline transactions is really an interesting idea. There are several aspects to consider when implementing mass adoption of such a digital currency. One of the important things is to ensure the safety and security of your transactions, especially if you don't have a stable internet connection. Therefore, deploying large-scale applications in this situation requires careful security measures and technology development to ensure security and efficiency.
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ahoenk
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July 10, 2023, 08:15:45 PM |
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It existed already, if you are here years ago, many people traded bitcoin casascius offline. It is not somethink new. Look like comment above me is new commer who dont know how bitcoin and other crypto currencies worked. You can trade bitcoin offline dude.
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Questat
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July 10, 2023, 08:45:48 PM |
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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?
Although we want this thing to happen so those people who have no internet connection in their place still have time to trade. Unfortunately, no application exists for this, it means that the internet is the lifeblood of all crypto transactions (just for now) and it all needs it to proceed the transactions. Maybe it can be changed in the future. However, I don't think about it this time because that was still impossible to run trading offline. Well, you can make a deal with your friend and do complete the transaction once there is an internet.
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Psynthax
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July 10, 2023, 11:17:53 PM |
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We're already live in 21th century, do you want us to go back to 20th century?
Right now technology is always developing and almost all countries already have internet connection. People in this generation can't live without a cellphone and internet connection, this mean both of these things become a primary human needs.
Inventing a cryptocurrency which can work via offline isn't important, sooner or later the poor or old country will start adopting internet connection.
thats true, its just matter of time until satellite internet are growing then it would cover the entire planets, I think this effort as some kind of futile to make things available offline after all eventually everyone would have internet connection.
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pplnd@
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July 11, 2023, 03:59:05 AM |
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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? Is this fantasy? Or did you find something? Can you describe it in more detail?
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Sebas.tian
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July 11, 2023, 04:27:17 AM |
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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?
Once you discovered that the network is not good for you to carry out your digital currency at the moment, you can exercise patience to allow the network to appear before you can continue your crypto trading, because there is no way your crypto trading will be successful offline. Don't allow anybody to deceive you, that you can trade crypto offline because it will be difficult for you to monitor the transaction process at the moment which is very easy for any traders to lose their income to scammers. When there is a steady network in your environment, very easy for you to see very well the way the transaction is going in the market, and it will make you comfortable with the kind of customers you are transacting with at the moment.
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Xampeuu
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July 11, 2023, 05:31:40 AM |
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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?
Once you discovered that the network is not good for you to carry out your digital currency at the moment, you can exercise patience to allow the network to appear before you can continue your crypto trading, because there is no way your crypto trading will be successful offline. Don't allow anybody to deceive you, that you can trade crypto offline because it will be difficult for you to monitor the transaction process at the moment which is very easy for any traders to lose their income to scammers. When there is a steady network in your environment, very easy for you to see very well the way the transaction is going in the market, and it will make you comfortable with the kind of customers you are transacting with at the moment. right, don't allow anyone to direct offline transactions on cryptocurrency, at least look for a stable network to make transactions, because that's the requirement to make transactions on cryptocurrency. of course this depends on the facilities of each region, if we are in a remote area, then go to the nearest city and usually the network will be better, after you make an investment transaction, then after that let it stay in your wallet, until you want to resell it, and then come back to the city
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fuxid@
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July 11, 2023, 07:52:17 AM |
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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?
You can't find this kind of currency here, you might as well try it if you read tired news while browsing reddit
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kunliziran
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July 11, 2023, 12:51:26 PM |
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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?
Although we want this thing to happen so those people who have no internet connection in their place still have time to trade. Unfortunately, no application exists for this, it means that the internet is the lifeblood of all crypto transactions (just for now) and it all needs it to proceed the transactions. Maybe it can be changed in the future. However, I don't think about it this time because that was still impossible to run trading offline. Well, you can make a deal with your friend and do complete the transaction once there is an internet. Maybe you haven't experienced the effects of natural disasters. When the communication network is down, when we have no money in hand, how important it is to buy daily food. Recent US dollars of all ages are in use. It is impossible to tell the true from the false. The security of paper money is more worrying.
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Firlis (OP)
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July 11, 2023, 01:39:17 PM |
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Technology is advancing, human beings are developing, and everything is possible. We should dream and make the impossible possible. When the material desires are full, the so-called spiritual desires are lacking, the pursuit and innovation become less intense, and the thinking is stagnant and stagnant, making many things impossible!
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Mpamaegbu
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July 11, 2023, 01:59:23 PM |
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~snipped~.
The encryption algorithm has been updated. I also saw it from reddit. It seems that it will be launched soon! People should be very careful putting their hard earned money on projects like that with seemingly unrealistic blueprint. We often see all sorts of projects spring up during bull rally like we're witnessing now, going forward into 2024 because of Bitcoin halving. Most of these projects are only good on papers without any real usecase in real world. I got decieved by similar idealistic but not realistic projects in my noob days. They promised all manners of eldorado they couldn't match up to and that was how investors funds went down the drain.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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sarmrakib
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July 11, 2023, 02:29:43 PM |
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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? I don’t think why you wanna invest on offline project .I think its not possible to run such a project .Without having internet connection there will be no project csn run .I don’t have seen any project yet like you were talking about .If we find anything like that on offline we need research before we invest on it .Practically its not possible without running on online project .So we need keep eye on active ,legit and longlong-term project .
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lixer
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July 11, 2023, 03:58:34 PM |
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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! Generally, things that operate offline are less vulnerable to attacks and exploits but I wonder how can transactions and stuff be recorded in real-time if everything is done offline, and how will the chain updates itself with the recent data if everything is offline, and how can people see transactions happening if they are not being uploaded into a server or something? There are a lot of things that need to be considered and answered. If whatever you are saying is true and there is a technology being created like this, I'm pretty excited to learn more about it and understand how it actually works because I've never thought that it can be possible for a digital currency to work totally offline without the need of the internet.
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nick_2017
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July 11, 2023, 04:00:13 PM |
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Cryptocurrency transactions are verified and recorded on the blockchain. They need to be confirmed by multiple nodes in the network to ensure permanent recording. As a result, transactions cannot be carried out autonomously on a device (except in the case, perhaps, when it is connected to a node that is part of the network).
However, cryptocurrencies can be stored offline using a wallet or keys.
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