tengui
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July 28, 2023, 11:39:26 PM |
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the question is, can you make digital currency transactions without a network? i think it is impossible needing a stable network is one of the weaknesses of digital currency because without a stable network digital currency transactions cannot be carried out.
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Rupok
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August 08, 2023, 09:54:56 AM |
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It's impossible today's world depends on the Internet. Digital currencies cannot be transacted without internet. I don't know how to manage all these things without internet. I have not seen things like cryptocurrency transactions and currencies running without online connection. Offline only we can think but it is never possible in reality. Since cryptocurrency is digital currency and has no form in reality it cannot be transacted or used without internet.There should be more interest in the return on investment that digital currencies can provide, and the digital currency market is expected to see huge growth later this year.
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lepbagong
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August 10, 2023, 11:49:14 AM |
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It's impossible today's world depends on the Internet. Digital currencies cannot be transacted without internet. I don't know how to manage all these things without internet. I have not seen things like cryptocurrency transactions and currencies running without online connection. Offline only we can think but it is never possible in reality. Since cryptocurrency is digital currency and has no form in reality it cannot be transacted or used without internet.There should be more interest in the return on investment that digital currencies can provide, and the digital currency market is expected to see huge growth later this year.
Technological developments make it possible for all transactions to use the internet network. How do you want to make crypto transactions without an internet network? It seems impossible that this will be done, even though science will advance like anything else and still requires an internet network.I agree with you that it is impossible for digital currency [which can't be touched, is not visible, and is not in physical form like currency] to be transacted without the internet, which is likened to traditional trading, which has been done so far.The growth of the digital currency market will certainly continue to grow because it makes every transaction very easy, but traditional currencies will still be used because there are still many people who need them.
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tsaroz
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August 10, 2023, 02:56:53 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?
People would always find a way to manipulate the balance or fake the coins when transactions happen without confirmation from a reliable source. People would be double spending the same coins when they don't require online confirmation. But again it doesn't mean the internet is the only way to confirm it. Some satellite technologies like BeiDou that sends and receives signals from device without internet can one day be used as a way of confirming transactions. But that would be a huge upfront investment and most probably centralized. And again as always people would keep trying to hack it's security to manipulate the transactions.
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Blitzboy
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August 10, 2023, 03:49:14 PM |
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It's impossible today's world depends on the Internet. Digital currencies cannot be transacted without internet. I don't know how to manage all these things without internet. I have not seen things like cryptocurrency transactions and currencies running without online connection. Offline only we can think but it is never possible in reality. Since cryptocurrency is digital currency and has no form in reality it cannot be transacted or used without internet.There should be more interest in the return on investment that digital currencies can provide, and the digital currency market is expected to see huge growth later this year.
Technological developments make it possible for all transactions to use the internet network. How do you want to make crypto transactions without an internet network? It seems impossible that this will be done, even though science will advance like anything else and still requires an internet network.I agree with you that it is impossible for digital currency [which can't be touched, is not visible, and is not in physical form like currency] to be transacted without the internet, which is likened to traditional trading, which has been done so far.The growth of the digital currency market will certainly continue to grow because it makes every transaction very easy, but traditional currencies will still be used because there are still many people who need them. The internet will remain exist even if, for example, cutting-edge technological solutions are developed in the future. Some would counter that although being digital, crypto transactions might still be carried out offline using hardware-to-hardware direct links or other mysterious methods. This isnt actually feasible, though, because of safety issues, potential benefits, or simply the way the wind is built. Even though it is a remote possibility, the proposal nevertheless has some merit. Yes, traditional currencies are still important, but their interaction with digital currencies is like a dance that is still being improvised. They cooperate and they dont, and everything about it is intriguing and will keep changing in unexpected ways.
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Mehedi72
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September 05, 2023, 09:45:23 PM |
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Our technology develops daily and we are eyewitness of many things what were suppose to be impossible before invented. So online trading as well as many thing may possible in future but he Main point is: why we need that offline when this is the era of internet! You said, we face network issue in many places but you also know that, interest networking is keep developing and already reached so many places even coverd rare areas too and I believe that networking wouldn’t be an issue in upcoming days.but that process will be helpful if possible to launched
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ichsan ardi
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September 06, 2023, 01:10:31 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?
if we talk about cryptocurrency it is definitely about digital currency but for now we still need fiat for transactions because there are still areas where the network is not good or even there is no network at all but that is only minimal because the majority of people in the world definitely need the internet for everyday use. What's more, every day technology becomes more sophisticated, so always accept advanced technology and learn so that we don't get left behind
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Magic-Money
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September 06, 2023, 11:04:25 AM |
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That's so amazing to see digital currency to trade offline without internet connection, you and I know that is not possible because as the name implies digital currency not analog or local currency where you can trade offline. And anything you are trading offline or internet connectivity is not a digital assets.
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gunhell16
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September 06, 2023, 01:22:27 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?
Digital currencies, even offline? That is not possible at this time. Everything digital in this generation requires an internet connection. Why is there any news that someone has been able to trade digital currency, or crypto, even if it's offline? How can the transaction of a bitcoin or cryptocurrency be recorded in the blockchain if there is no internet? So what you are saying is not possible, dude. Remember, all transactions cannot be done without the blockchain because all the transactions that anyone will do are recorded there, and for that to happen in this day and age, you know, it needs the internet, it's that simple.
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JahriMeayer
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October 15, 2023, 11:05:13 PM |
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That sounds wired cause i don't know how to manage all those things without internet. I haven’t seen such thing like currencies are treading without online connection. I saw you mentioned, such thing may happen with Bluetooth! I don’t know how but if so, then such Concept should be existed already cause there are many things that already made based on Bluetooth and now Bluetooth era is about to gone. But you are welcome if you can make this thing possible
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Nazmul012
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November 25, 2023, 04:46:07 AM |
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Haven't know any digital currency yet which is being traded offline and still unknown about application or software which are planning to done such thing. I don't know how things will get real time update, but such offline idea is new in crypto industry as we haven't heard about it yet. But internet connection needs to send a token and track the real time update. Without internet, such things could be difficult to be done. But internet capacity is possible to increase and i think soon we get good internet facilities everywhere soon as world is getting digital so faster
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Velemir Sava
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November 27, 2023, 03:53:45 PM |
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So, the question is how did the exchange take place? Do they both sellers and buyers meet somewhere and then barter and they say we do it online..very funny as it sounds. OP. As far as I know, offline transactions are manual transactions, if they use the internet they are no longer manual but are categorized as online. For my frugal scenario probably none.
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Sophokles
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November 27, 2023, 06:21:54 PM |
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It's impossible today's world depends on the Internet. Digital currencies cannot be transacted without internet. I don't know how to manage all these things without internet. I have not seen things like cryptocurrency transactions and currencies running without online connection. Offline only we can think but it is never possible in reality. Since cryptocurrency is digital currency and has no form in reality it cannot be transacted or used without internet.There should be more interest in the return on investment that digital currencies can provide, and the digital currency market is expected to see huge growth later this year.
Internet is just a medium to exchange information from one computer to other through a server. What we do is we send information or commands through our computer and internet transact this information or commands thorough the server so it is obvious that without the internet it is impossible to do. Todays economy is dependent on the internet which makes everything fast. We don't need to wait for 1 month to send our message to another continent. So without internet not only digital currencies but also our economy will fall.
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batang_bitcoin
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November 27, 2023, 11:43:56 PM |
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IMO, it's still going to require internet connection for one to trade. But I understand about bluetooth connections, GPRS or even infrared and this requires that there's another person that you have to trade with. I think that's what OP is talking about and not connecting to the exchanges but software that can be applied and make a p2p trade and transfer through having those connections that I have mentioned. IMO, that's a good one and ideal way to transfer when there's no internet connection is around. Maybe we'll see that happen soon.
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Adreman23
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November 27, 2023, 11:52:22 PM |
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Digital currencies indeed require the internet because it is necessary to verify the validity of transactions and record them in the public ledger known as the blockchain. Without these processes, any new digital currency allowing offline transactions would likely be centralized, similar to fiat money controlled by the government. If OP was joking, it's important to note that the decentralized nature of digital currencies is a fundamental aspect of their design.
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