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On October 20, Eric Yao, Head of EpiK China, and Leo, Co-Founder & CTO of EpiK, visited Deep Chain Online Salon, and discussed “How EpiK saved the miners eliminated by Filecoin by launching E2P storage model”. ‘?” The following is a transcript of the sharing.
Eric: Hello, everyone, I’m Eric, graduated from School of Information Science, Tsinghua University. My Master’s research was on data storage and big data computing, and I published a number of industry top conference papers.
Since 2013, I have invested in Bitcoin, Ethereum, Ripple, Dogcoin, EOS and other well-known blockchain projects, and have been settling in the chain circle as an early technology-based investor and industry observer with 2 years of blockchain experience. I am also a blockchain community initiator and technology evangelist
Leo: Hi, I’m Leo, I’m the CTO of EpiK. Before I got involved in founding EpiK, I spent 3 to 4 years working on blockchain, public chain, wallets, browsers, decentralized exchanges, task distribution platforms, smart contracts, etc., and I’ve made some great products. EpiK is an answer to the question we’ve been asking for years about how blockchain should be landed, and we hope that EpiK is fortunate enough to be an answer for you as well.
Q & A
Deep Chain Finance:
First of all, let me ask Eric, on October 15, Filecoin’s main website launched, which aroused everyone’s attention, but at the same time, the calls for fork within Filecoin never stopped. The EpiK protocol is one of them. What I want to know is, what kind of project is EpiK Protocol? For what reason did you choose to fork in the first place? What are the differences between the forked project and Filecoin itself?
First of all, let me answer the first question, what kind of project is EpiK Protocol.
With the Fourth Industrial Revolution already upon us, comprehensive intelligence is one of the core goals of this stage, and the key to comprehensive intelligence is how to make machines understand what humans know and learn new knowledge based on what they already know. And the knowledge graph scale is a key step towards full intelligence.
In order to solve the many challenges of building large-scale knowledge graphs, the EpiK Protocol was born. EpiK Protocol is a decentralized, hyper-scale knowledge graph that organizes and incentivizes knowledge through decentralized storage technology, decentralized autonomous organizations, and generalized economic models. Members of the global community will expand the horizons of artificial intelligence into a smarter future by organizing all areas of human knowledge into a knowledge map that will be shared and continuously updated for the eternal knowledge vault of humanity
And then, for what reason was the fork chosen in the first place?
EpiK’s project founders are all senior blockchain industry practitioners and have been closely following the industry development and application scenarios, among which decentralized storage is a very fresh application scenario.
However, in the development process of Filecoin, the team found that due to some design mechanisms and historical reasons, the team found that Filecoin had some deviations from the original intention of the project at that time, such as the overly harsh penalty mechanism triggered by the threat to weaken security, and the emergence of the computing power competition leading to the emergence of computing power monopoly by large miners, thus monopolizing the packaging rights, which can be brushed with computing power by uploading useless data themselves.
The emergence of these problems will cause the data environment on Filecoin to get worse and worse, which will lead to the lack of real value of the data in the chain, high data redundancy, and the difficulty of commercializing the project to land.
After paying attention to the above problems, the project owner proposes to introduce multi-party roles and a decentralized collaboration platform DAO to ensure the high value of the data on the chain through a reasonable economic model and incentive mechanism, and store the high-value data: knowledge graph on the blockchain through decentralized storage, so that the lack of value of the data on the chain and the monopoly of large miners’ computing power can be solved to a large extent.
Finally, what differences exist between the forked project and Filecoin itself?
On the basis of the above-mentioned issues, EpiK’s design is very different from Filecoin, first of all, EpiK is more focused in terms of business model, and it faces a different market and track from the cloud storage market where Filecoin is located because decentralized storage has no advantage over professional centralized cloud storage in terms of storage cost and user experience.
EpiK focuses on building a decentralized knowledge graph, which reduces data redundancy and safeguards the value of data in the distributed storage chain while preventing the knowledge graph from being tampered with by a few people, thus making the commercialization of the entire project reasonable and feasible.
From the perspective of ecological construction, EpiK treats miners more friendly and solves the pain point of Filecoin to a large extent, firstly, it changes the storage collateral and commitment collateral of Filecoin to one-time collateral.
Miners participating in EpiK Protocol are only required to pledge 1000 EPK per miner, and only once before mining, not in each sector.
What is the concept of 1000 EPKs, you only need to participate in pre-mining for about 50 days to get this portion of the tokens used for pledging. The EPK pre-mining campaign is currently underway, and it runs from early September to December, with a daily release of 50,000 ERC-20 standard EPKs, and the pre-mining nodes whose applications are approved will divide these tokens according to the mining ratio of the day, and these tokens can be exchanged 1:1 directly after they are launched on the main network. This move will continue to expand the number of miners eligible to participate in EPK mining.
Secondly, EpiK has a more lenient penalty mechanism, which is different from Filecoin’s official consensus, storage and contract penalties, because the protocol can only be uploaded by field experts, which is the “Expert to Person” mode. Every miner needs to be backed up, which means that if one or more miners are offline in the network, it will not have much impact on the network, and the miner who fails to upload the proof of time and space in time due to being offline will only be forfeited by the authorities for the effective computing power of this sector, not forfeiting the pledged coins.
If the miner can re-submit the proof of time and space within 28 days, he will regain the power.
Unlike Filecoin’s 32GB sectors, EpiK’s encapsulated sectors are smaller, only 8M each, which will solve Filecoin’s sector space wastage problem to a great extent, and all miners have the opportunity to complete the fast encapsulation, which is very friendly to miners with small computing power.
The data and quality constraints will also ensure that the effective computing power gap between large and small miners will not be closed.
Finally, unlike Filecoin’s P2P data uploading model, EpiK changes the data uploading and maintenance to E2P uploading, that is, field experts upload and ensure the quality and value of the data on the chain, and at the same time introduce the game relationship between data storage roles and data generation roles through a rational economic model to ensure the stability of the whole system and the continuous high-quality output of the data on the chain.
Deep Chain Finance:
Eric, on the eve of Filecoin’s mainline launch, issues such as Filecoin’s pre-collateral have aroused a lot of controversy among the miners. In your opinion, what kind of impact will Filecoin bring to itself and the whole distributed storage ecosystem after it launches? Do you think that the current confusing FIL prices are reasonable and what should be the normal price of FIL?
Filecoin mainnet has launched and many potential problems have been exposed, such as the aforementioned high pre-security problem, the storage resource waste and computing power monopoly caused by unreasonable sector encapsulation, and the harsh penalty mechanism, etc. These problems are quite serious, and will greatly affect the development of Filecoin ecology.
These problems are relatively serious, and will greatly affect the development of Filecoin ecology, here are two examples to illustrate. For example, the problem of big miners computing power monopoly, now after the big miners have monopolized computing power, there will be a very delicate state — — the miners save a file data with ordinary users. There is no way to verify this matter in the chain, whether what he saved is uploaded by himself or someone else. And after the big miners have monopolized computing power, there will be a very delicate state — — the miners will save a file data with ordinary users, there is no way to verify this matter in the chain, whether what he saved is uploaded by himself or someone else. Because I can fake another identity to upload data for myself, but that leads to the fact that for any miner I go to choose which data to save. I have only one goal, and that is to brush my computing power and how fast I can brush my computing power.
There is no difference between saving other people’s data and saving my own data in the matter of computing power. When I save someone else’s data, I don’t know that data. Somewhere in the world, the bandwidth quality between me and him may not be good enough.
The best option is to store my own local data, which makes sense, and that results in no one being able to store data on the chain at all. They only store their own data, because it’s the most economical for them, and the network has essentially no storage utility, no one is providing storage for the masses of retail users.
The harsh penalty mechanism will also severely deplete the miner’s profits, because DDOS attacks are actually a very common attack technique for the attacker, and for a big miner, he can get a very high profit in a short period of time if he attacks other customers, and this thing is a profitable thing for all big miners.
Now as far as the status quo is concerned, the vast majority of miners are actually not very well maintained, so they are not very well protected against these low-DDOS attacks. So the penalty regime is grim for them.
The contradiction between the unreasonable system and the demand will inevitably lead to the evolution of the system in a more reasonable direction, so there will be many forked projects that are more reasonable in terms of mechanism, thus attracting Filecoin miners and a diversion of storage power.
Since each project is in the field of decentralized storage track, the demand for miners is similar or even compatible with each other, so miners will tend to fork the projects with better economic benefits and business scenarios, so as to filter out the projects with real value on the ground.
For the chaotic FIL price, because FIL is also a project that has gone through several years, carrying too many expectations, so it can only be said that the current situation has its own reasons for existence. As for the reasonable price of FIL there is no way to make a prediction because in the long run, it is necessary to consider the commercialization of the project to land and the value of the actual chain of data. In other words, we need to keep observing whether Filecoin will become a game of computing power or a real value carrier.
Deep Chain Finance:
Leo, we just mentioned that the pre-collateral issue of Filecoin caused the dissatisfaction of miners, and after Filecoin launches on the main website, the second round of space race test coins were directly turned into real coins, and the official selling of FIL hit the market phenomenon, so many miners said they were betrayed. What I want to know is, EpiK’s main motto is “save the miners eliminated by Filecoin”, how to deal with the various problems of Filecoin, and how will EpiK achieve “save”?
Originally Filecoin’s tacit approval of the computing power makeup behavior was to declare that the official directly chose to abandon the small miners. And this test coin turned real coin also hurt the interests of the loyal big miners in one cut, we do not know why these low-level problems, we can only regret.
EpiK didn’t do it to fork Filecoin, but because EpiK to build a shared knowledge graph ecology, had to integrate decentralized storage in, so the most hardcore Filecoin’s PoRep and PoSt decentralized verification technology was chosen. In order to ensure the quality of knowledge graph data, EpiK only allows community-voted field experts to upload data, so EpiK naturally prevents miners from making up computing power, and there is no reason for the data that has no value to take up such an expensive decentralized storage resource.
With the inability to make up computing power, the difference between big miners and small miners is minimal when the amount of knowledge graph data is small.
We can’t say that we can save the big miners, but we are definitely the optimal choice for the small miners who are currently in the market to be eliminated by Filecoin.
Deep Chain Finance:
Let me ask Eric: According to EpiK protocol, EpiK adopts the E2P model, which allows only experts in the field who are voted to upload their data. This is very different from Filecoin’s P2P model, which allows individuals to upload data as they wish. In your opinion, what are the advantages of the E2P model? If only voted experts can upload data, does that mean that the EpiK protocol is not available to everyone?
First, let me explain the advantages of the E2P model over the P2P model.
There are five roles in the DAO ecosystem: miner, coin holder, field expert, bounty hunter and gateway. These five roles allocate the EPKs generated every day when the main network is launched.
The miner owns 75% of the EPKs, the field expert owns 9% of the EPKs, and the voting user shares 1% of the EPKs.
The other 15% of the EPK will fluctuate based on the daily traffic to the network, and the 15% is partly a game between the miner and the field expert.
The first describes the relationship between the two roles.
The first group of field experts are selected by the Foundation, who cover different areas of knowledge (a wide range of knowledge here, including not only serious subjects, but also home, food, travel, etc.) This group of field experts can recommend the next group of field experts, and the recommended experts only need to get 100,000 EPK votes to become field experts.
The field expert’s role is to submit high-quality data to the miner, who is responsible for encapsulating this data into blocks.
Network activity is judged by the amount of EPKs pledged by the entire network for daily traffic (1 EPK = 10 MB/day), with a higher percentage indicating higher data demand, which requires the miner to increase bandwidth quality.
If the data demand decreases, this requires field experts to provide higher quality data. This is similar to a library with more visitors needing more seats, i.e., paying the miner to upgrade the bandwidth.
When there are fewer visitors, more money is needed to buy better quality books to attract visitors, i.e., money for bounty hunters and field experts to generate more quality knowledge graph data. The game between miners and field experts is the most important game in the ecosystem, unlike the game between the authorities and big miners in the Filecoin ecosystem.
The game relationship between data producers and data storers and a more rational economic model will inevitably lead to an E2P model that generates stored on-chain data of much higher quality than the P2P model, and the quality of bandwidth for data access will be better than the P2P model, resulting in greater business value and better landing scenarios.
I will then answer the question of whether this means that the EpiK protocol will not be universally accessible to all.
The E2P model only qualifies the quality of the data generated and stored, not the roles in the ecosystem; on the contrary, with the introduction of the DAO model, the variety of roles introduced in the EpiK ecosystem (which includes the roles of ordinary people) is not limited. (Bounty hunters who can be competent in their tasks) gives roles and possibilities for how everyone can participate in the system in a more logical way.
For example, a miner with computing power can provide storage, a person with a certain domain knowledge can apply to become an expert (this includes history, technology, travel, comics, food, etc.), and a person willing to mark and correct data can become a bounty hunter.
The presence of various efficient support tools from the project owner will lower the barriers to entry for various roles, thus allowing different people to do their part in the system and together contribute to the ongoing generation of a high-quality decentralized knowledge graph.
Deep Chain Finance:
Leo, some time ago, EpiK released a white paper and an economy whitepaper, explaining the EpiK concept from the perspective of technology and economy model respectively. What I would like to ask is, what are the shortcomings of the current distributed storage projects, and how will EpiK protocol be improved?
Distributed storage can easily be misunderstood as those of Ali’s OceanDB, but in the field of blockchain, we should focus on decentralized storage first.
There is a big problem with the decentralized storage on the market now, which is “why not eat meat porridge”.
How to understand it? Decentralized storage is cheaper than centralized storage because of its technical principle, and if it is, the centralized storage is too rubbish for comparison.
What incentive does the average user have to spend more money on decentralized storage to store data?
Is it safer?
Existence miners can shut down at any time on decentralized storage by no means save a share of security in Ariadne and Amazon each.
There’s no difference between encrypted presence on decentralized storage and encrypted presence on Amazon.
The 10,000 gigabytes of bandwidth in decentralized storage simply doesn’t compare to the fiber in a centralized server room. This is the root problem of the business model, no one is using it, no one is buying it, so what’s the big vision.
The goal of EpiK is to guide all community participants in the co-construction and sharing of field knowledge graph data, which is the best way for robots to understand human knowledge, and the more knowledge graph data there is, the more knowledge a robot has, the more intelligent it is exponentially, i.e., EpiK uses decentralized storage technology. The value of exponentially growing data is captured with linearly growing hardware costs, and that’s where the buy-in for EPK comes in.
Organized data is worth a lot more than organized hard drives, and there is a demand for EPK when robots have the need for intelligence.
Deep Chain Finance:
Let me ask Leo, how many forked projects does Filecoin have so far, roughly? Do you think there will be more or less waves of fork after the mainnet launches? Have the requirements of the miners at large changed when it comes to participation?
We don’t have specific statistics, now that the main network launches, we feel that forking projects will increase, there are so many restricted miners in the market that they need to be organized efficiently.
However, we currently see that most forked projects are simply modifying the parameters of Filecoin’s economy model, which is undesirable, and this level of modification can’t change the status quo of miners making up computing power, and the change to the market is just to make some of the big miners feel more comfortable digging up, which won’t help to promote the decentralized storage ecology to land.
We need more reasonable landing scenarios so that idle mining resources can be turned into effective productivity, pitching a 100x coin instead of committing to one Fomo sentiment after another.
Deep Chain Finance:
How far along is the EpiK Protocol project, Eric? What other big moves are coming in the near future?
The development of the EpiK Protocol is divided into 5 major phases.
(a) Phase I testing of the network “Obelisk”.
Phase II Main Network 1.0 “Rosetta”.
Phase III Main Network 2.0 “Hammurabi”.
(a) The Phase IV Enrichment Knowledge Mapping Toolkit.
The fifth stage is to enrich the knowledge graph application ecology.
Currently in the first phase of testing network “Obelisk”, anyone can sign up to participate in the test network pre-mining test to obtain ERC20 EPK tokens, after the mainnet exchange on a one-to-one basis.
We have recently launched ERC20 EPK on Uniswap, you can buy and sell it freely on Uniswap or download our EpiK mobile wallet.
In addition, we will soon launch the EpiK Bounty platform, and welcome all community members to do tasks together to build the EpiK community. At the same time, we are also pushing forward the centralized exchange for token listing.
Some KOLs said, Filecoin consumed its value in the next few years, so it will plunge, what do you think?
First of all, the judgment of the market is to correspond to the cycle, not optimistic about the FIL first judgment to do is not optimistic about the economic model of the project, or not optimistic about the distributed storage track.
First of all, we are very confident in the distributed storage track and will certainly face a process of growth and decline, so as to make a choice for a better project.
Since the existing group of miners and the computing power already produced is fixed, and since EpiK miners and FIL miners are compatible, anytime miners will also make a choice for more promising and economically viable projects.
Filecoin consumes the value of the next few years this time, so it will plunge.
Regarding the market issues, the plunge is not a prediction, in the industry or to keep learning iteration and value judgment. Because up and down market sentiment is one aspect, there will be more very important factors. For example, the big washout in March this year, so it can only be said that it will slow down the development of the FIL community. But prices are indeed unpredictable.
Actually, in the end, if there are no applications and no one really uploads data, the market value will drop, so what are the landing applications of EpiK?
Leo: The best and most direct application of EpiK’s knowledge graph is the question and answer system, which can be an intelligent legal advisor, an intelligent medical advisor, an intelligent chef, an intelligent tour guide, an intelligent game strategy, and so on.
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Official Website: https://gold.Storage/
White paper: https://gold.Storage/wp.Pdf
Author: jaywizzy Link: https://bitcointalk.org/index.php?action=profile;u=2268796
The blockchain innovation fills an exceptionally helpful need in our present reality as it has significantly affected the world monetary and financial part. It has additionally influenced different areas of the world, for example, the mechanical, well being, banking segments, and so forth. Accordingly realizing an extraordinary transformation to the world on the loose.submitted by mkristen024 to ICOAnalysis [link] [comments]
A blockchain is an assortment of records called square, which are connected together utilizing cryptography. It is an open appropriated record that can record exchanges between two gatherings effectively, in a confirmed and dependable way. Its incredible highlights help keeps data more verified on the grounds that they are connected with cryptography which is hard to modify.
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Official Website : https://gold.Storage/
White paper: https://gold.Storage/wp.Pdf
Author: Cryptobae10 https://bitcointalk.org/index.php?action=profile;u=2023123
Presentationsubmitted by willliams1 to Crypto_ICO_Investing [link] [comments]
Bits Of Gold History
So as to thoroughly comprehend the purpose of gold, an individual needs to return to the beginning of the gold business. While gold's experience started in 3000 B.C, when the old-fashioned Egyptians began forming jewels, it was unmistakably in 560 B.C. that splendid began to fill in as a cash. At that moment, retailers expected to make a standardized and quickly transferable kind of cash that would improve exchange.
The commencement of a gold coin ventured with a seal appeared, apparently, to be the response, as gold decorations has been extensively recognized and fathomed all through various bits of the planet.
After the start of gold as a money, its criticalness continued climbing all through Europe and the U.K., together with relics in the Roman and Greek domains unquestionably appeared in show corridors over the world, and Incredible England building up its metals-based money in 1066.
The English pound (addressing a pound of sterling silver), shillings and pence relied upon the total entirety of gold (or silver) is addressed. Finally, gold addressed wealth all through Europe, Asia, Africa, and the Americas.
Gold In The Advanced Economy
Despite the way that gold no more backs the U.S. dollar (or elective overall monies so far as that is concerned), it passes on importance in current society. It's as yet basic to the worldwide market.
To attest this stage, there isn't any need to look more removed than the benefit reports of national banks and other cash related affiliations, like the Universal Fiscal Store.
Starting at now, these affiliations are accountable for holding roughly one-fifth of the planet's wellspring of over the ground gold. In addition, various national banks have added to their own one of a kind present gold stores, addressing worries as for the long stretch by and large market.
Gold Jam Riches
The clarifications behind gold's centrality in the present economy bases in transit that it has secured wealth all through an enormous number of ages. The proportionate, nevertheless, can't be said about paper-assigned money related structures. In the mid 1970s, one ounce of gold drew nearer $35. Assume that around at that point, you had an option of holding an ounce of gold or fundamentally keeping the $35.
They'd both get you the amazingly same things, like an unblemished autonomous organization suit or unrestrained bicycle. In any case, if you had an ounce of gold now and changed over it to the expenses, by then it would regardless be sufficient to buy a sparkly new guarantee, yet the proportional can't be said for the $35.
Basically, you would have lost an extensive proportion of your wealth in case you chose a decision to hold the $35 diverged from the one ounce of gold in light of the fact that the estimation of gold has extended, while the estimation of a dollar was broken down by development.
Gold as an Expanding Speculation
All things considered, gold is viewed as an upgrading theory. Clearly gold has filled in as a theory which may incorporate a widening part for your portfolio, paying little respect to whether you're stressed over expanding, a reducing U.S. buck, or perhaps verifying your wealth. In case your thought is simply improvement, gold isn't related with offers, bonds, and property.
The New Path Interest In Gold
At this moment, with blockchain development set up as a verified accounting procedure, similarly as Bitcoin, improving known to the general populace, a fresh time of gold-maintained cryptographic cash is as of now rising.
There's a well known (and severe) run for unfathomable riches happening today in the crypto world, similarly as nations are expecting to give their particular gold-based advanced money.
Computerized GOLD Undertaking
Likewise, by and by, I am showing The GOLD token is a stablecoin supported by real gold bars set away in ensured and auditable vault stockpiling in BullionStar. 1 GOLD token counterparts to 1 gram of gold.
The token relies upon Ethereum blockchain (ERC-20 benchmark ) and is right now gave and gave by Computerized GOLD LTD business.
A base, the cost of the coin will remain comparable to the present gold expense. In case the GOLD Token gets acclaimed then the sticker price of the coin can raise in worth, higher than the estimation of gold. In case the GOLD Token doesn't remove than the value stays as the estimation of this gram of gold. It looks like an inborn stop-adversity.
GOLD TOKEN Highlights
The GOLD token parades various conspicuous features that mean to encourage the usage of blockchain for digitizing assets. By acquiring gold through the token, Customers get to:
A straightforwardness token that requires no exchange costs: Customers can choose to send the GOLD Token wherever on the planet, without holding up be stressed over flighty exchange Charges, because of all exchanges is free. Customers are moreover allowed to make unfathomable Installments since the organization doesn't execute account confinements. Customers must note that Moves still solicitation the gas cost charged by the Ethereum organize.
Along these lines, It's fundamental to consider that the assistance cost is Made to be commensurate, or lower than the accuses distinguished of taking care of Gold in a store or credit authority. Customers may plan to cover a 0.99% yearly storage charge.
Widen portfolios, and keep wealth in a position of shelter: The Present cryptographic cash business focus conditions generally incorporate shaky cost Swings, from now on giving all purchases a high-chance segment. Most of the starting at now available coins Aren't trusted to keep up their incentive from the since a long time ago run, since the Commercial center.
Regardless, gold suggests a money related piece of elbowroom that has held its incentive for incalculable years. Upheld by balance. Obviously, gold is among the world's most secure advantages for Have For limit. Its digitization through the GOLD token empowers customers to Purchase Inclusion in gold, which may consequently be utilized to rehearse assurance from Insufficient monetary circumstances, managerial and eccentrics changes.
The GOLD token could be immediately and immediately obtained, sold, and exchanged In this way displaying why it reflects a strong extension to show customer computerized cash portfolios.
Secure gold ownership: The troubles related with obtaining and saving gold are immediately spread out as of now. The procedure commonly incorporates a lot of issue. To buy gold, individuals that are interested need to discover a trusted in provider, supervise authoritative work, by then keep on attaching the as of late purchased metal. Encouraging it at a bank is a secured other option, nevertheless, it incorporates fundamentally progressively regulatory work, together with limit charges.
The natural threats related with keeping gold in a house are outstanding, due right up until now, theft remains an issue that society must guarantee against. These challenges could be rejected using Advanced Gold. Together with the GOLD token, customers buy consideration in real gold, saved by the business is guaranteed vaults. The assurance consideration is eventually given by a lone of the world's most noteworthy security agents, the Chubb Insurance agency.
The guaranteed gold is saved in Singapore, and it is a brilliantly reasonable spot in view of its earth shattering property rights. It's similarly pertinent to express that blockchain advancement offers protection against computerized perils also. Up until this point, blockchain remains resistant, given that no people blockchain record was hacked during the present day.
Security on the customer side could be guaranteed given that token customers shield themselves from key-loggers and various sorts of malware. In any case, no pariah may obtain access to an individual record without finding the wallet identifier close by the related private key. In addition, blockchain constancy ensures that all exchanges are enduring, as such apparent customers face no chargeback danger.
Finally, 100 percent of acquired tokens are secured with gold. The aggregate is equivalent to the estimation of physical gold that is gotten on the benefit of customers and kept in a BullionStarbased guaranteed vault. Purchasers are permitted to play out their due resourcefulness by watching that the BullionStar live survey accounts.
The possibility of a gold computerized money has reliably had an interest for those scanning for an elective portion structure.
Official Website: https://gold.Storage/
White paper: https://gold.Storage/wp.Pdf
https://preview.redd.it/a7yptl36uu041.jpg?width=1280&format=pjpg&auto=webp&s=1c309d5a35734172049f79a7552d71bd1fb8b733submitted by willliams1 to BountyICO [link] [comments]
Setting assets in Bitcoin is basically equivalent to putting assets in digital gold. Digital gold is a sort of hypothesis that is extraordinary in the overall public. Moreover, given the ambiguous properties of gold, bitcoin is likewise legitimately a sort of theory that is fundamentally the same as gold. For what reason is that? Due to the undeniable nature of gold and bitcoin, such huge numbers of individuals have started spending some portion of their cash on purchasing a spot of bitcoin and gold as a method for goals.
With an estimation of 1 gram of unadulterated 99.9% gold, GOLD tokens are steady and decentralized. Orchestrated in Singapore, the real/physical sort of token worth of gold is taken care of totally securely in the safe. stablecoin is an organization that uses its very own one-time costs and doesn't acquire ICO costs.
As a sort of theory that pulls in budgetary consideration, gold and Bitcoin are the correct decision until further notice.
Was established in 2012.BullionStar is a marginal relationship for enormous/significant metals. Where this aggregation gives security to its customers, there is no persuading inspiration to extend their inclinations. Also, the expense of the GOLD token is attached to the present gold cost.
Given the present GOLD Token stock, this isn't expected for customers who need to purchase either people or offshoots, and isn't restricted to the sum you have to purchase. At the point when supplies of GOLD tokens are sold out, DIGITAL GOLD ceaselessly buys physical gold for capacity and is kept in a vault. Simultaneously, new tokens get the estimation of the physical gold with the condition 1 token GOLD = 1 gram of unadulterated gold.
The expense of gold will be increasingly solid by and large. This is on the grounds that gold has certain attributes and confinements in every accumulation system. As response is made to existing examination, the extent of gold on the planet that has expanded the level is restricted. It is proposed to give the gauge of gold and along these lines have a determined exertion.
In this sense, gold is a decent decision, despite the fact that the improvement is as yet progressing. All through 2016, gold costs expanded by 15%.
Likewise, GOLD token proprietors can without much of a stretch sell their gold tokens on the market offered by Stablecoin GOLD at https://gold.storage/display
By the by, bitcoin expenses have slowly expanded to $ 10,000. Also, these costs will proceed to increment and change whenever. So bitcoin is a blend of gold and stocks.
It isn't workable for anybody to know whether and when the introduction of Bitcoin will be powerfully positive consistently or will spoil sooner or later. Bitcoin takes a stab at the standard of the high danger of abnormal income undertakings. The more critical the hazard or feebleness of a favorable position, the more conspicuous the validity of the arrival accomplished. This is the clarification that Bitcoin is considered as a theory instrument that is one of a kind in connection to other corporate assets.
In this manner, cash masters are purchasing a touch of Bitcoin to guarantee riches and, additionally, to build riches. Put in an ensured perceive a trace of your cash for various theories. Keep in mind, the decision is yours.
For further information; do look below:Official Website: https://gold.Storage/
White paper: https://gold.Storage/wp.Pdf
There are various ways you can run a Bitcoin Cash full node whether it's in a cloud, on a local machine or by leveraging a small single-board computer. Many serious bitcoin investors use a hybrid approach: They hold a core, long-term amount of bitcoin offline in so-called “cold storage,” while keeping a spending balance in a mobile account. A new bitcoin (BTC) storage vault that insures deposits of the digital currency against theft and loss has been launched in London. The Elliptic Vault is the world's first facility of this kind, and uses "deep cold storage" to store private encrypted keys to bitcoins on offline servers and in a secure location. There are multiple copies, protected by layers of cryptographic and physical ... The new Bitcoin storage service offering insurance in U.K., named Elliptic Vault, uses “deep cold storage” techniques to secure the digital currency. Bitcoin keys are encrypted and stored offline. Hardware Bitcoin Wallets Another bitcoin cold storage option, a hardware bitcoin wallet is even more secure than a desktop bitcoin wallet. Hardware wallets are, you guessed it, bits of external physical computer hardware, much like USB sticks, that store your bitcoin wallet(s). These devices are one of the most secure methods of bitcoin storage ...
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