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Vastextension;12408 wrote:thrive;12404 wrote:Once a transaction has been broadcasted and validated by as little as one node, the transaction is essentially considered final and irreversible.
Meanwhile, this is one of the key benefits of using cryptocurrencies in financial transactions because it eliminates the need for intermediaries like banks, which can delay or reverse transactions under certain circumstances.
However, there are some exceptions to this rule. For example, some cryptocurrencies and wallets have incorporated features such as multi-sig and smart contracts, which allow for more complex transaction types that may include an option for refund or reversal.
The operations involving these features require multiple confirmations before the transactions can be finalized.
thrive;12401 wrote:Vastextension;12400 wrote:Meanwhile, the regulations may restrict the exchange's functions, transaction flow, or even geographical reach, preventing some users from accessing the platform.
Users must go through rigorous identity verification processes before they can use the exchange, jeopardizing their privacy, depending on the level of KYC used by the exchange.
In conclusion, while centralized cryptocurrency exchanges offer advanced functionalities and support liquidity, they have several disadvantages, such as security risks, regulatory compliance, limited compatibility, limited privacy, and centralization.
It is crucial to research and consider alternative decentralized solutions based on peer-to-peer blockchain-based transaction processing that offer non-custodial services with more control over users' digital assets and privacy while transacting.
Vastextension;12396 wrote:thrive;12395 wrote:Apart from what you mentioned, there are other issues about centralized exchanges we should not forget that they hold user's digital assets in their custody, which means that users do not have control over the custody and access to their digital assets if the exchange is found guilt it may be hard for the user to access their funds.
Yes, that is correct and another thing is that centralized exchanges are prone to hackers, technical errors, or human errors. This can result in the loss of users' cryptocurrency or breaches of their privacy.
The only benefit of a centralized exchange is the advanced functionalities offered by centralized exchanges and vast trading pairs, but they often have high transaction fees or management fees, making it more costly for some.
I hate the fact that centralized exchanges depend on individual organizations, they are subject to local or international regulatory authority's rules and regulations.
Camavinga;12170 wrote:What is Binance later turns out to be a scam project?
Like, if Binance were to bust, it would have a huge impact on the entire cryptocurrency market.First Binance is not a project, it is a centralized cryptocurrency exchange and it turns out to be a scam exchange it will affect the price of the cryptocurrency market since its the leading centralized exchange.
This is one of the problems we have with centralized exchanges, the regulators will always intervene in their mode of operation and this will literally hurt the market price. However, it is good that it won't affect the price of Crypto coin.
IyaJJJ;12226 wrote:full;12133 wrote:Yes, affiliate marketing can link to any website but it's mostly linked to social media, Pinterest, etc. However, getting the requirements is based on individual knowledge and location if affiliate marketing is really easy as you talk about every internet user will be a millionaire.
From my own understanding affiliate marketing is best for influencer which have huge social media followers or subscribers on Youtube.
Aside from the affiliate marketing, you guys are talking about there are many ways to also earn on the UtopiaP2P ecosystem and I am earning every month by staking CRP coin which allows users to earn additional rewards through their help to support the stability of the ecosystem.
Yes, users can earn additional CRP coins by participating in the PoS consensus algorithm of the UtopiaP2P ecosystem just by holding their CRP coin in the built-in uWallet.
Vastextension;12277 wrote:thrive;12276 wrote:Other than what you said about making privacy accessible everywhere in your utopiaP2P development statement. They already had a plan for NFT before things changed.
Yes, they were planning to create privacy NFT marketplace some months ago before the NFT market was abused by naive NFT project owners and the community lose interest.
I'm unaware of everything you said about the UtopiaP2P development but I am sure in the future they will still touch the NFT market since uNS will be traded like NFTs in the future.
Yeah, the trading of uNS like NFT could trigger the UtopiaP2P ecosystem to join the NFT market. What do you think of the UtopiaP2P launch pad that was paused?
Vastextension;12272 wrote:thrive;12271 wrote:What I like about Crypton coin that also makes me believe it will be among the top privacy coin is that it is completely good for everything, transaction, and mass adoption.
Its transaction confirmation time is world-class and there's no doubt that it will be incredible for mass adoption and border-to-border payment.
Aside from Crypton coin being a completely good cryptocurrency. The UtopiaP2P development team also create an exchange to complement Crypton coin potential in case the government totally restricted privacy coins people can still trade them on Crypton Exchange.
Yeah, and that's a perfect combination and strategy to make privacy coin to be more valuable in the cryptocurrency market. It's a good one from the UtopiaP2P dev team.
full;12200 wrote:JONSNOWING;12109 wrote:The future will tell I know, but am yet to see any Cryptocurrency that I would prefer over the CRP Crypton . And there are high chances of more investors grabbing the CRP Crypton as long it keeps up this pace
Yes, if the Crypton coin can keep it pace the cryptocurrency will be the king of privacy coin in the future footing all its benefits.
I understand your point guys but you may not know or notice that the Crypton coin will always keep its pace while also providing adequate privacy services.
If we do the mathematical calculation you are right because the Crypton coin was currently accepted as payment by 1859 online merchants which is a hard record for every privacy coin.
oba;12263 wrote:Vastextension;12262 wrote:Even so, Telegram is a contentious social network that has also experienced data leaks and problems with vulnerability discovery.
In addition, Telegram is a centralized social media platform, which is not ideal for everyone who values privacy due to the possibility of user data being disclosed.
I supported what you said since Telegram is a messaging app that provides various features such as end-to-end encryption, and cloud-based storage. Therefore, there's a huge danger for people that use it for end-to-end encryption, and cloud-based storage.
Even though Telegram provides end-to-end encryption and other security measures, there have been reports of hackers gaining access to user accounts. Users may also be vulnerable to phishing scams and other security threats.
Kelechi;12111 wrote:oba;12079 wrote:You have a valid point because the reason why i joined the UtopiaP2P ecosystem in the first place is the Crypton coin before I later know the ecosystem also has vast important tools and benefits.
Well I actually first learnt about UtopiaP2P and the fact that it's a decentralized project made me appreciate it even more and I found out about CRP crypton later on.
Same I think I first heard about Utopia p2p on telegram and I was interested in what the person actually said about UtopiaP2P and so I checked it out myself.
Telegram is a good place to learn about cryptocurrency but be careful of scammers that offer shady business deals and trading.
Vastextension;12255 wrote:full;12222 wrote:Yes, as the world population grows, the demand for land also increases, leading to a rise in prices. This is particularly true in populated cities where there is a shortage of land.
I think the construction of transportation infrastructure, such as roads, bridges, and public transportation, makes the land more accessible and alluring to buyers, which raises land prices in some nations.
However, land is a scarce resource due to its finite supply and limited availability. The cost of this resource tends to increase as demand increases.
Natural disasters such as floods and earthquakes can damage lands and reduce their availability in the market, leading to an increase in price.
Vastextension;12249 wrote:oba;12248 wrote:Miners are individuals who compete to solve difficult mathematical equations in order to validate and process cryptocurrency transactions. In return, they are rewarded with new cryptocurrency units.
When a miner completes the equation, a new block is generated, which contains all the transactions that have been included in the previous block and confirms the solution.
In general, once a transaction is included in a block that has been added to the blockchain, it is regarded as confirmed. The security of the transaction is increased and the chance that it can be altered or reversed is decreased with each succeeding block that is added to the chain.
However, depending on various aspects like the network's congestion, the sender's transaction fee, and the volume of the transaction, confirmations may take some time.
Vastextension;12244 wrote:full;12243 wrote:I will suggest always conducting research on the product, service, or action to understand how it works, its features, and its effects.
It is good to identify the specific advantages that the product, service, or action offers while also considering the ways in which it is superior to others or how it can address the desired outcome.
Also think about risk management by considering the costs associated with the product, service, or action. It is important to ensure that the benefit outweighs the costs.
It is good to also check out genuine testimonials and reviews from other users who have used or experienced the project, service, or action. These can help you gauge the benefits experienced by other users.
full;12237 wrote:Comrade;12089 wrote:utopia p2p ecosystem is surrounded with a lots of values and knowledge lurking around for people to grab
That's and the more people learn about the UtopiaP2P ecosystem project and there's something for them to grab to increase their betterment.
You guys said the fact about the UtopiaP2P ecosystem benefit but it's not about the more people grab but knowing the benefit of what they grab.
You're totally right. We have some people in the cryptocurrency market that grab good potential and one of the industry-leading cryptocurrencies at the early stage choose to sell early cause they didn't know the importance of the crypto they grab.
joanna;12065 wrote:thrive;12064 wrote:I guess this could be one of the reasons why the mobile application is somehow delayed since the development will require much attention and working hours.
That could be the reason but the development area being the priority of the development team make the UtopiaP2P ecosystem outperform other and also unique.
Mind you, the UtopiaP2P is unique in several ways since no central server is used for data transmission or storage, it is a fully decentralized peer-to-peer ecosystem.
Yes, data is encrypted directly between users, providing users with the highest level of privacy and security.
It's worth noting that UtopiaP2P comes with a range of features that are not available on other P2P networks, such as an all-in-one solution for secure instant messaging and file sharing.
level;12063 wrote:full;11881 wrote:The development of the blockchain and the ecosystem security is what the UtopiaP2P development team makes their priority so the development is not a problem.
According to what I once read from one of the UtopiaP2P development team represent he said the focus is more on the development, advancement, innovation, and security of the project.
I guess this could be one of the reasons why the mobile application is somehow delayed since the development will require much attention and working hours.
That could be the reason but the development area being the priority of the development team make the UtopiaP2P ecosystem outperform other and also unique.
level;12058 wrote:joanna;12057 wrote:Novels can also be educational since they teach readers about various cultures, societies, historical events, and human nature.
By reading novels, readers can grasp the views, motives, and conflicts of various characters and grow to empathize with them.
By examining and comprehending the numerous themes and topics presented in the story, reading novels can also help one's language ability, vocabulary, and critical thinking skills.
Furthermore, by seeing the story as a play or movie, novels can also aid readers in developing their imagination and creativity.
IyaJJJ;12010 wrote:full;11995 wrote:There is the best way to relax the mind mate and I don't see reading or drawing as one because they still consist of things that have to do with your attention instead of calming your nerve. Books give more learning and knowledge not relaxation.
Based on my knowledge one of the primary purposes of reading a novel is to entertain oneself while exercising, yoga and meditation is the way to calm the nerve.
Yes, but reading novels allows the reader to escape from reality and travel to a new time and place, where they can feel a variety of various emotions.
Novels can also be educational since they teach readers about various cultures, societies, historical events, and human nature.
full;12036 wrote:thrive;12035 wrote:Furthermore, some custody wallets might be hacked. As a result, these custody providers must implement their own security procedures to maintain the privacy of the private keys, which raises the possibility of the keys being stolen or compromised.
Therefore, Cryptocurrencies must be kept in a non-custodial wallet where the owner has complete control over their private keys in order to maintain the security and privacy of their digital assets, especially through uWallet where CRP coin will receive monthly passive income.
Meanwhile, non-custodial wallets come in a variety of forms, including hardware wallets, desktop wallets, mobile wallets, paper wallets, and more. Since each type has pros and downsides, the choice is ultimately up to the user and the user must avoid human error when using the wallet.
fake news can be used to manipulate people's behavior, leading to product sales, support for various causes, and even recruitment into extremist groups.
thrive;12035 wrote:IyaJJJ;12034 wrote:Customers' private keys being kept by centralized cryptocurrency exchanges, which serve as their custodians is the reason people are advised not to use a centralized exchange as storage.
Furthermore, some custody wallets might be hacked. As a result, these custody providers must implement their own security procedures to maintain the privacy of the private keys, which raises the possibility of the keys being stolen or compromised.
Therefore, Cryptocurrencies must be kept in a non-custodial wallet where the owner has complete control over their private keys in order to maintain the security and privacy of their digital assets, especially through uWallet where CRP coin will receive monthly passive income.
Meanwhile, non-custodial wallets come in a variety of forms, including hardware wallets, desktop wallets, mobile wallets, paper wallets, and more. Since each type has pros and downsides, the choice is ultimately up to the user and the user must avoid human error when using the wallet.
thrive;12029 wrote:IyaJJJ;12028 wrote:It is not good to leave funds on centralized exchange as you guys said but you're missing the real concept and the fact about it because the use of centralized exchange as storage is what is not good.
That's where the idea of the cryptocurrency slogan came from "Not Your Keys, Not Your Cryptocurrency".
Yes. The saying "Not your keys, not your crypto" is frequently used in the cryptocurrency community to emphasize how crucial it is to possess and secure one's private keys. It implies that you don't genuinely own the cryptocurrency if you don't possess the private keys to your crypto wallet.
For the benefit of newbies in our midst. Private keys are used in the context of cryptocurrencies to access and approve transactions on the blockchain and should be kept safe as a result.
JONSNOWING;11754 wrote:I also knew there was no chances of the Utopia P2P developer team coming online to announce they are hiring, Utopia cannot put up such information on the forum where individuals from all works of life come together. I suggest we get our facts right always before spreading it
For the years I have spent in the cryptocurrency market. The project team usually hires when their project is launched and still needs some developers.
REPLY
I agree with what you said. I am surprised when people raise the rumor about the UtopiaP2P project that is in existence for 4years without hiring why would they have to hire now?
I wish people that make the false rumor could read your point and provide with the answer to the question.
level;12018 wrote:IyaJJJ;12016 wrote:Yes, that's true. Crypton exchange does have other benefits like trading is active around-the-clock, without a break for weekends or holidays.
This native integration of Crypton Exchange with its broader UtopiaP2P ecosystem is consistent with the privacy and security principles that underpin the UtopiaP2P.
Its user-friendly interface ensures that users have all the necessary features without sacrificing their convenience.
With the use of cutting-edge technologies, Crypton Exchange is specifically created for efficient and safe cryptocurrency trading. This ensures quick and fully automated deposits and withdrawals.
Europ;11825 wrote:Kelechi;2146 wrote:That's great, where would you like to buy it, CRP is listed in several exchanges like coin tiger exchange, Lbank exchange exchange but I prefer Crypton Exchange. First you create and account there and then send your USDT there and carry on with your purchase
as little as I understand the Crypton exchange has been one of the fastest and secured exchange
Wish you gone love itCrypton exchange is no doubt the world's number one cryptocurrency exchange that offers the fastest secure anonymous cryptocurrency trading service in the whole market.
Apart from the Crypton Exchange rank as the world's fastest cryptocurrency exchange it also has more benefit other than that.
joanna;11870 wrote:level;11869 wrote:Yes, since the Crypton coin they created is already useful in the present and is expected to continue being useful in the future.
Yes. Crypton, the primary payment component of the Utopia ecosystem, provides instantaneous, untraceable, and irreversible transactions, making it an excellent option for people and organizations concerned with privacy. A high level of security is offered to users thanks to Crypton's decentralized architecture, which also makes sure that the balance cannot be taken from it.
It is also as a way to encourage network growth, reward miners for supporting ecosystem stability, and raise the number of routing connections, Crypton also serves as a means of rewarding miners.
Overall, Crypton's unique features, including complete privacy, decentralization, instant transaction processing time, earnings through mining/dividend, and a sophisticated API for merchants, make it a promising cryptocurrency for the future.