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Question asked on Musing.io by mewp

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· @mewp ·
$0.63
Question asked on Musing.io
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properties (23)
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vote details (6)
@crypto-wisdom ·
$0.03
Question answered on Musing.io
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properties (23)
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","project","anarchy","freedom","market"],"appCategory":"cryptocurrency","appTitle":"What are other interesting crypto projects?","appBody":"<p>You must have heard about DIGITEX as an exchange platform with DGTX as their native token. It is a popular crypto project of 2018. Even during the bearish phase of 2nd half of 2018 it made 5x return for people who participated in their ICO. If you look at their structure, then you can sense that they are offering something really new. So this is one ICO project of my choice in 2018.</p>\n<p>The exchanges and transaction processors are always the winner regardless of the trader's profit or loss. The reason being whether trader makes profit or get stopped out, every time he pays a certain amount fees to the exchange.</p>\n<p>As per Bloomberg Survey the front line exchanges are making as high as 3 million usd in fees per day and all these fees are being extracted from traders.</p>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmPEfDnbPYLi4nhK16USmimDEAL4s1geDYGfU3z5Y7Zd8e/wp8.jpg\" /></p>\n<p><br></p>\n<p>Unlike other exchanges who just make profit by imposing high transaction fees, <strong>digitex does not impose any such fees. In reality the fees charged by other exchanges is much more than the actual cost required to run an exchange. So digitex is not aimed at making profit from its users and it is trying to frame a self sustainable exchange</strong> where the traders who trade in digitex are the real owners.</p>\n<p>You may ask how ?</p>\n<p>Traders are not charged any fees, the only condition is that they have to buy the native coin which is DGTX coin and all the operation will be calculated on the basis of DGTX coins.</p>\n<p>For running of the exchange digitex will mint new tokens starting from 2021 and every year thereafter and till 2021 the cost of running the exchange shall be borne by ico sales.</p>\n<p>The number of new coins to be minted will be decided by the coin owners and that much coin will be minted which will be required to run the exchange for next one year. So digitex is giving that authority and power to the users of digitex, and as far as possible the inflation will be kept on lower side.</p>\n<p>A study reveals that before going into 2021 when the first set of coins will be minted, the demand for DGTX token would have enough that the inflation will be very very marginal and will not affect the eco system of digitex. Even the price of DGTX coin shows that it's gaining popularity in broader segment.</p>","appDepth":2,"appParentPermlink":"pk9p7wgsq","appParentAuthor":"mewp","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (3)
@luegenbaron ·
What are other interesting crypto projects?
<p>Sounds very interesting due to the points you made.</p><p>Especially the fees and the decentraliced transparency. Will look deeper into tha.</p><p>Do you have good videos/ articles you found about this exchange? :)</p><p>greets</p>
properties (22)
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@gbks ·
Question answered on Musing.io
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","project","anarchy","freedom","market"],"appCategory":"cryptocurrency","appTitle":"What are other interesting crypto projects?","appBody":"<p>Grin (https://grin-tech.org) looks super interesting. It's based on the Mimblewimble whitepaper (https://www.mycryptopedia.com/mimblewimble-explained/), featuring a new approach to blockchains that results in much smaller transaction sizes and better built-in privacy than Bitcoin. The main difference is that most of the transaction data is discarded and only the new state is stored in blocks. Grin will launch on January 15, 2019, it's fully open-source, community-based, proof-of-work, and will have no pre-mine. It will be interesting to observe the launch.</p>\n<p>Beam (https://www.beam.mw) is another project based on the same tech and just launched on January 3, 2019.</p>","appDepth":2,"appParentPermlink":"pk9p7wgsq","appParentAuthor":"mewp","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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@luegenbaron ·
What are other interesting crypto projects?
<p>sounds interesting!</p><p>do you have more informations about the projects?</p><p>and what is different between them?</p>
properties (22)
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@luegenbaron ·
$0.65
Question answered on Musing.io
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properties (23)
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","project","anarchy","freedom","market"],"appCategory":"cryptocurrency","appTitle":"What are other interesting crypto projects?","appBody":"<p>I'm a big fan of the steem blockchain, just because you can <strong>use it</strong>.<br>\nAnd I'm also thinking because this exact reason steem is ahead of Eth, EOS, TRX.</p>\n<p>But Tron is also interesting, especially because it's price atm.. But I still need some more details about TRX.</p>\n<p>Ripple is also very interesting, I think it will make some money because it cooperates with all the banks. I'm trying to make some money of XRP, without supporting banks.<br>\nStellar is more in the freedom direction and therefore much more interesting (decentralized market stellarx). Going to change XRP to XLM later. :)</p>\n<p>Maker DAO is also pretty interesting. A self regulating, fully ethereum backed stable coin.</p>\n<p>Augur as betting/ prediction project.</p>\n<p>Siacoin/ Internxt/.. Cloud Storage is also very interesting. But I really don't know which coin is good..<br>\nTried to inform myself.. but just found out that most of them somehow are forks..^^</p>","appDepth":2,"appParentPermlink":"pk9p7wgsq","appParentAuthor":"mewp","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (7)
@rok-sivante ·
$1.64
Question answered on Musing.io
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properties (23)
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","project","anarchy","freedom","market"],"appCategory":"cryptocurrency","appTitle":"What are other interesting crypto projects?","appBody":"<p>TAUCHAIN.</p><p>Probably the next most significant innovative ecosystem since Ethereum IF it succeeds...</p>","appDepth":2,"appParentPermlink":"pk9p7wgsq","appParentAuthor":"mewp","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (2)
@luegenbaron ·
What are other interesting crypto projects?
<p>Not something like EOS, Tron or Neo?</p><p>And why not?</p>
properties (22)
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","project","anarchy","freedom","market"],"appCategory":"cryptocurrency","appBody":"<p>Not something like EOS, Tron or Neo?</p><p>And why not?</p>","appDepth":3,"appParentPermlink":"p35dzmtaq","appParentAuthor":"rok-sivante","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"comment"}"
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@shivohum2015 ·
$4.46
Question answered on Musing.io
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properties (23)
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","project","anarchy","freedom","market"],"appCategory":"cryptocurrency","appTitle":"What are other interesting crypto projects?","appBody":"<p>There is a wonderful blockchain project which I love the most and I think this is the best ever cryptocurrency in last 1 year. There is no such hype around it. But if you look into its features then they are all of a unique which no other blockchain project has offered. <strong>I am talking about NULS.</strong></p>\n<p>&nbsp;NULS is such a name in the blockchain sphere which can provide a modular blockchain, customizable as per the need of the user or business. The user or a business can set its own parameters such as consensus like PoS, PoW or DPoS or dBFT etc, can make the chain public or private, can have the DApps with full turing complete, can make it permissionless if they want, can have their own wallet, own explorer etc.&nbsp;</p>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmQkfdDwd4siKkXDGPnoazGziDCXtuFrVLjsbMmoWwoB8S/shiva2.jpg\" /></p>\n<p><strong>Underlying Fundamental</strong></p>\n<p>&nbsp;The underlying fundamental is modular architecture which can be customizable as per the requirement of the user. Using ready-made developer's tool one can customize his own blockchain, sets his own functional parameters, can make it public or private, can code his own consensus protocol or can choose any consensus protocol. NULS chain factory will make it simple for the user which is cost effective as well as secure.&nbsp;</p>\n<p><strong>Consensus Protocol</strong></p>\n<p>&nbsp;The underlying protocol of NULS is PoC(Proof of Credit), which is an evolution or improved version of PoS. When a PoS protocol combines with a credit rating system to the block producer, then it is known as PoC(Proof of Credit). The user who wants to run a node has to stake NULS tokens which will be locked and when the user stops running the node, he can unlock the tokens.&nbsp;</p>\n<p><br></p>\n<p><strong>Smart Contract</strong></p>\n<p>&nbsp;It has a built-in NULS Virtual Machine known as NULSVM. The smart contract functions are executed between external service module such as RPC module and infrastructure module such as network module, storage module, account module etc. The computation is done by NULSVM. It also supports higher level programming languages so that a developer can compile his program through the interpreter and VM can read and understand that application.&nbsp;</p>\n<p><strong>Multi Chain System (Main chain &amp; Side chain)</strong></p>\n<p>&nbsp;NULS is a multi-chain system consisting of main chain and sub chains. In the main chain, the consensus procotol is PoC. In the sub chains, the user can customize their own consensus protocol like PoW, PoS, DPoS, dBFT, POOL etc.</p>\n<p>NULS provides all the infrastructures. Applications can be built on the top of their respective sub chains. The main chain domain and sub chain domain can be able to communicate through cross chain domain and the cross chain nodes will act as a medium of link between main chain domain and sub chain domain.</p>\n<p>In NULS multi chain system, several sub chains can be able to communicate with the main chain. So here the multi chain system is interoperable.</p>\n<p><strong>Cross Chain Consensus</strong></p>\n<p>&nbsp;In NULS, the block validation happens through cross chain consensus. Data is circulated through both main chain and sub chain. The main chain audits and verifies the block headers. The cross chain nodes(C3N) of the cross chain domain(C3D) plays the role of link between main chain and sub chain and the communication happens between main chain and multiple sub chains.&nbsp;</p>\n<p><strong>Scalability</strong></p>\n<p>It can scale 2000 transaction in general. However, using side chains it has the capability to scale up to 1 million transactions per second. Block time is 10 seconds.&nbsp;</p>\n<p><strong>NULS makes the entry level of Blockchain technology much easier by offering a modular blockchain architecture</strong> where users can customize their own blockchain in the form of sub chain using the NULS modules and this is what is a very very key feature in making the mass adoption of blockchain technology in real physical world.&nbsp;</p>\n<p>Thank you and Have a great day.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"pk9p7wgsq","appParentAuthor":"mewp","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (7)