Official forum for Utopia Community
You are not logged in.
Detroit;6504 wrote:I'd that is core t then, using any exchange at all is bad since they (exchange) can cancel on me while I'm still transacting. But this brings me to the next question, do they take my funds as well when they canceled on me?
I don’t think you still understand how a centralized exchange works, they can seize your funds if you violate any of their regulations, and the power they have to seize your coins is because you have to send the funds to them before you complete your transaction. But in a peer to peer exchange, a third party does not hold the funds so they cannot seize it from you.
Nevertheless, it's not all centralized exchanges that operate in this although 95% of all centralized exchanges usually confiscate the fund of users that violate their rules and regulation we also have some centralized exchanges that are anonymously based and never confiscate funds which Crypton exchange is one.
joanna;6587 wrote:Camavinga;6459 wrote:I believe you, if there are sufficient trading pairs and enough coin options there would be more demand in the exchange, but if people cannot trade the coin of their choice on the exchange, they will surely look elsewhere, so this is one aspect the dev team have to work on, though i know everything needs time.
Getting more demand, use, and traffic of the Crypton Exchange is the major reason I bring up the suggestion of the Crypton Exchange adding more cryptocurrency. Besides, this is the only drawback I see on the exchange.
Good suggestion. This will skyrocket the use of their exchange to a very high number of traffic. I think in business it's all about what you can offer. That's where Utopia comes in.
Numerous variables generate traffic for cryptocurrency exchanges and some of the main factors that constantly boost the volume of transactions on cryptocurrency exchanges include
User-friendly interface and features
Range of cryptocurrencies and trading options
Promotions and incentives
Detroit;6519 wrote:These whole transaction cancelation is driving me crazy. When you say double spend, do you mean if I should send $10 out to another wallet and want to cancel the transaction I have to send another $10 to cancel my previous transaction??
No, it depends on the network here, if we use bitcoin as an example, if you wanna double spend a coin you are actually spending that particular coin “twice”, you could send 0.1 btc to a merchant whom you want to purchase goods from and use a very low fee, if the merchant lets you go, and with the transaction still in 0 confirmation, if you set RBF, you can spend that same 0.1 btc again by sending it to a different address with a bigger fee, the miners would drop the first transaction and confirm the second one because it has a bigger fee, and in that way the merchant loses and would not get any pay. That is why it is always good to wait for 1-3 confirmations before letting your customer go, if you accept a coin like bitcoin for payment.
That's not double-spending. Double spending is a strategy in which the same crypto can be spent more than once to the same wallet while a second transaction is sent with a high transaction fee. It is a strategy used to terminate previous existing transactions that's yet to receive a single confirmation.
joanna;6766 wrote:oba;6685 wrote:Don't say no one can stop something particularly when it has to do with the internet because the government can restrict it if they want especially when it has to do with Ai which is a solid plagiarism tool.
Yes, the government can restrict the AI if they want, and because of it the US, Ukraine, and the Russian government may set aside their difference and work on restricting it since there's a chance for it to leak some confidential information.
I agree with what you guys said and another thing people seem to be over-confidence about is cryptocurrency (except the privacy) some people think the government can stop it and they are wrong because the existence of crypto that is not privacy focus is because the government somehow supported it
You have a point because they can shut down the mining of Bitcoin and place high restrictions/tax rules and regulations on crypto investment, payment, and trading.
Thank God i only hold my capital in UUSD privacy stablecoin.
oba;6692 wrote:misha220;6627 wrote:Let's hope that all these problems will be solved by someone. Be careful.
The problem cant be solved by someone unless all projects started to make use of advanced security features just like the UtopiaP2P ecosystem and also constantly upgrade their platform. Do you guys hear that almost all the funds hacked by hackers on the DeFi project are returned?
I read a Tweet by CZ Binance that mentioned it but that doesn't justify that all cryptocurrencies projects have to ignore the most important thing which is to secure the investors and their user funds.
You totally have a point and in secure the investors with the inclusion of user funds is the reason why we must not ignore privacy.
Despite how cryptocurrency was an ecosystem full of opportunity, we should ignore the fact of theft we will try every possible means to abuse the system for their own selfish gain.
I said this because there are genuine crypto recovery services but they offer their service in person and they only work on HD or computers that corrupt, die, and contain long-term crypto wallet private information.
Kelechi;6687 wrote:Well the answer to this is not far fetched, people are always trying to make profits and cryptocurrency offers that legal(in some country) way of making profits.
It is good to make a profit legally through one's investment but most of the cryptocurrency investors of today are greedy and that's why we see some project owners that see their opponent thriving and plan to create some FUD against the project.
Honestly, this is a sad situation in the cryptocurrency market and that's also the reason why we see 51% attacks either in the crypto market. Instead of all project owners and exchanges working together for the greater good of the ecosystem they are looking for the failure of others.
oba;6703 wrote:Kelechi;6022 wrote:Used the exchange today and it struck me that maybe the exchange needs a more colorful and attractive background on its background. It's a bit dull right now and the landscape is very limited.
I don't see any reason why the Crypton Exchange needs a colorful background to make it look full of spirit or sassy. What that matter is the service the exchange provided and I believe you're the first user to suggest colorful background for the exchange.
I have never for once thought about the background and the color of the Crypton Exchange since what I am after is their advanced anonymous exchange services.
@Kelechi happen to be the first user of the Crypton Exchange that I see who suggests changing the site color.
Guys, it's not the site background color he suggested. Everything on the website that has to do with the screens, buttons, toggles, icons, and other visual elements with which you interact when using a website, app, or other electronic device is referred to as UI while UX pertains to your actual interaction with the website and also includes how you feel about it.
His suggestion was changing the website UI/UX and I don't see any need for it either.
Kelechi;6294 wrote:Well if it's to chase away weak hands of the CRP mining then it must have worked because Utopia p2p mining is now more serious, profitable and entertaining
What must have worked? To my knowledge, the memory leaking of the Utopia Alternative Miner Bot is fixed and the Crypton coin is showing a bullish signal with time things will change.
Is either he was talking about the positive momentum of the Crypton coin price or the profit level of the Crypton coin mining which some miners are doing and never complain about it since the reward is good for them.
level;6489 wrote:oba;6488 wrote:If they break into the market of the country called the African giant where their government bans cryptocurrency transaction while 80% of the youth still engage in a crypto transaction and showcase their Crypton Exchange it will generate something huge for the Utopia project.
African giant which is well known as Nigeria. That's where I come from a buddy and we are always resilient to cryptocurrency since it is the best technology and money-making investment in this 21 century. If I could like the service of Crypton Exchange I believe other Nigerians will do.
It’s no news that Nigeria are a big name when it come
To cryptocurrency and they are very much recognized in the world right now in that regards.
Yes, it is no longer news but it could still be news some individuals are not aware of the cryptocurrency market, and from what i see UtopiaP2P will be a huge service to the crypto enthusiast there.
KingCRP;6393 wrote:Well artificial intelligence could be of usefulness to the cryptocurrency market in so many ways like it could be used in the trading market, could also be used by Cryptocurrency project to handle issues.
I do not know how AI can be of help in this areas, you can throw more light into it. I know there are trading bots that can help people trade and it can fall under the category of AI. But i think we are talking about more sophisticated AI that can handle numerous tasks and be used for personal or collective research.
From my understanding, trading bots and Ai are using both the same technology although artificial intelligence appears to be at an advanced level of it how it will be used to predict the correct cryptocurrency market price is what i don't know.
KingCRP;6391 wrote:CrytoCynthia;6373 wrote:I have seen many coins under the influence of the whales and how uncertain they can be, I think part of the reason CRP Crypton remains very stable is due to the fact that it’s not easily manipulated by whales.
One thing whales do is to buy coins in bulk there by increasing the demand of this coins and after a while they start to dump it bulk quantities also there by reducing the demand and causing a fall in the price.
If I understand you clearly this is the exact strategy used by the pump and dump channel and that's why I never trust most of the influence posts on social media because most of them use their social media as a means to lure their prey.
There's no need to prolong the matter. The strategy explained by the user is the exact strategy used by the pump and dump channel which always promises investors great Roi but later scams them.
level;6059 wrote:Cat;5314 wrote:what do you think , where is it better to invest ?
The vicinity that you believe will generate something better in the next 10-30 years of investment and always show to be strong whenever there's market bearish.
Investing in CRP Crypton is a wise choice no doubt but it’s not one for short term holders. It’s one that would be enjoyable and profitable if you actually hold CRP Crypton for a longer time.
Yes, long-term investment in crypto is one of the best ways to make a profit in cryptocurrency and another alternative is the is mining cryptocurrency which is the most common way to make money with cryptocurrency.
thrive;6554 wrote:level;6553 wrote:What I like about the Utopia USD stablecoin is the anonymous, low-cost transaction fee, and it is always pegged with the US Dollar. My enthusiasm increased for the UUSD after I follow its performance in the recent bear that happened in the stablecoin market.
You are totally correct and this reminds me of what I once read about the UtopiaP2P ecosystem developer that they conducted 6years of research and work on the Utopia project before officially releasing it to the public and also self-fund it.
I also read about this when I read the fundamental concept of the UtopiaP2P ecosystem and it is hard to find project developer teams that will do the research performed by the Utopia team before releasing the project even Satoshi didn't do 6years of research before creating Bitcoin.
From what I read about Satoshi's email archive, he gathered information from different sources which include some University research to create Bitcoin.
Having said that, the 6 years of research used to create the UtopiaP2P by the team is the main reason why the project is wonderfully unique.
thrive;6482 wrote:oba;6481 wrote:There's wrong information in the area when the main author of this news said "Stablecoins are a bigger threat to privacy than the digital euro
Finance". How can that happen when the UtopiaP2P introduced UUSD.You are totally correct there. I think the statement was made because the content creator don't understand or know the features of the Utopia USD which is the first stablecoin created by the UtopiaP2P ecosystem.
Honestly, footing the benefit provided by the UUSD. It's sad that there are still only a few people that aware of the coin and for the benefit of those that don't know what UUSD is. It is the first and also the only privacy stablecoin in the market.
What I like about the Utopia USD stablecoin is the anonymous, low-cost transaction fee, and it is always pegged with the US Dollar. My enthusiasm increased for the UUSD after I follow its performance in the recent bear that happened in the stablecoin market.
level;6223 wrote:Having said that, a lot of good things have been said about the Crypton exchange but I will beg the dev team to maintain the good standard that the exchange had.
I am sure they will, one thing that makes people to stop using an exchange is when they lose trust and faith in the exchange, so if the dev team maintains their standard and numerous customers are not complaining of one issue or the other they faced, then we can say more enthusiasts would be eager to use the exchange.
Not only an exchange, but this is also something that happens in every business setting either online or offline cause it's important for a business owner or the dev team of a project to always introduce a constant development of their platform so it could be ahead of the game.
Great news. Any privacy update is a plus to Utopia network and private browsing is an integral part of maintaining your anonymity online.
I am at work now and cannot update my client, but would get around doing it when I get off work. Thanks for keeping us up to date here on the forum.
Yes, it is and i am happy about this news because the developer team just fixed one of the drawbacks which I believe is delaying the public and crypto enthusiast adoption of the Utopia P2P ecosystem. It will be nice if the next update will be adding more pairs on Crypton Exchange and upgraded the mobile app.
level;6060 wrote:KingCRP;5902 wrote:I have witnessed how strong CRP Crypton is and how it can hold strongly in the dip but I haven’t yet seen how fast it can rise in the bull market so this is what’s missing for me in this ecosystem.
If you're talking about how fast is the Crypton coin transaction, then it's super and instant confirmation privacy with huge potential. Crypton coin is full of something good for all crypto investors.
Yes mate the transaction time on Crypton exchange is very fast. The first time I performed a transaction on Crypton exchange I was actually very surprised how fast the transactions went.
Good to hear that. The first time I make use of the Crypton coin what I first check the privacy level and later transaction time span which is instant. Later trying the Crypton Exchange is the next thing that come to mind and I am glad I did due to the fast service the exchange provides.
KingCRP;6392 wrote:If Utopia p2p can break into the Africa market I believe it would be a big step for this project in the right direction. Although I believe the team has already planned out the strategy.
If they break into the market of the country called the African giant where their government bans cryptocurrency transaction while 80% of the youth still engage in a crypto transaction and showcase their Crypton Exchange it will generate something huge for the Utopia project.
African giant which is well known as Nigeria. That's where I come from a buddy and we are always resilient to cryptocurrency since it is the best technology and money-making investment in this 21 century. If I could like the service of Crypton Exchange I believe other Nigerians will do.
Camavinga;6215 wrote:Barcelona are now definitely going to win the La Liga, they are 12 points ahead of Real Madrid, and i do not think it is possible for Real Madrid to close down the gap anymore. Xavi is going to win his first La Liga title as a coach just after a year since he became their manager. Real madrid should now focus on the champions league and also try to beat Barcelona in the second leg of their copa del rey semi final tie.
Yes, Barcelona is leading Real Madrid with an enormous point but making a conclusion in the game of football when everything is not over seems not right from my own belief because the game of football changes sometimes.
Who could have thought that Argentine will be the country to win the Qatar World cup 2022 judging by the way they started the match? I support what you said. It is not good to conclude if other contenders still have some tiny chance.
When I first read the content of this channel I smile because surprised by how lazy some cryptocurrency investors would be by asking ChatGPT for the prediction of the market we know it's highly volatile and also presents a certain market trend with nothing that can make it happen.
Camavinga;6213 wrote:oba;6077 wrote:What I like about the exchange is that whoever uses it always turns out to be the exchange enthusiast.
Very correct, i know people that had issues with other exchanges that are still yet to be resolved till this day, but i have not heard of any complaints about the Crypton exchange. I have also introduced it to some of my friends and their feedback has been very positive, let us continue to create awareness about Utopia and its features.
You do something that's incredible by introducing the Crypton Exchange to your friend due to the ease and the privacy level the exchange provides. It is like the fact that the exchange supported countless recipient wallet
Introducing friends to the Utopia project is indeed an incredible thing to do and I am hoping to see more users engaging in doing things as the above user has done.
Having said that, a lot of good things have been said about the Crypton exchange but I will beg the dev team to maintain the good standard that the exchange had.
Guys let’s take a quick survey and actually find out which exchange is the best to deal on CRP Crypton through public opinion, so guys if you have used a good amount of those exchanges which exchange is the best.
First I never like KYC require platform and I am careful with the exchange I provide my private information. Therefore, I will go for the Crypton Exchange anytime any day.
If you lose your crypto, take it that it is gone; most crypto transactions are irreversible and the moment it is lost, it is not possible for the owner to recover their funds. There are many scammers out there who are pretending to offer crypto recovery services, whenever you encounter such people, please block them. I know someone who lost his crypto and contacted a crypto recovery service to recover his money, they asked him to deposit another huge sum to help them work towards getting it, as soon as he sent the money, they began requesting for more, this is what they would do until they have taken away all your money.
Protect your crypto, but once you lose it, forget about it and learn from your errors, if you try to recover it, you may just be losing more money.
I believe what every cryptocurrency enthusiast need is to protect their crypto and those that don't know how to do that can learn it and also let the Crypton coin of UtopiaP2P do the job for them since prevent prying eyes intervention.
KingCRP;6008 wrote:Utopia p2p CRP transaction has been my best way to send cryptocurrency to someone the set back is that not everyone is aware of CRP Crypton and you have to convince them about it’s Utilities.
Well Utopia p2p is accepted by 1800+ merchant meaning the number of those who would use CRP Crypton would be increasing gradually, just me patient we may be having a CRP global adoption soon.
Utopia P2P is not accepted by 1800+ merchants. What was accepted worldwide by the merchants is the Crypton coin (CRP) and Utopia USD (UUSD). Utopia is the project name while their crypto ticker is the CRP and UUSD.