uTalk

Official forum for Utopia Community

You are not logged in.

#76 2023-06-26 18:54:16

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Open Source - again!

Detroit;15725 wrote:

Hard forks and soft forks are the mechanisms used to upgrade blockchains in a decentralized environment. Learn all you need to know in this forum.

Hard forks do not really upgrade a blockchain, instead it creates a new one that is completely different from the blockchain that it was forked out from, soft forks are what can be called upgrades because they do not create a new blockchain, but remain in the old blockchain, but with something new added.

Offline

#77 2023-06-26 19:30:54

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Open Source - again!

When the network for Bitcoins forms into a fork, a little bit of the value which was in the network tends to split into the forked chain. Hard forks and soft forks are an interesting part of blockchain technology

Offline

#78 2023-06-26 20:00:54

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Open Source - again!

A big reason why people love crypto is for the decentralized ethos of peer-to-peer, permissionless banking. Onboarding a new generation of improvements.

Offline

#79 2023-06-27 21:14:51

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Open Source - again!

CrytoCynthia;15989 wrote:

A big reason why people love crypto is for the decentralized ethos of peer-to-peer, permissionless banking. Onboarding a new generation of improvements.

Yes that is a good reason why people use crypto, but remember that it is not every crypto that is decentralized, there are many cryptocurrencies that are centralized. That is why i love the Utopia ecosystem, everything about it is decentralized, from the exchange to the privacy coin and stable coin, nothing centralized about it.

Offline

#80 2023-06-27 21:42:49

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Open Source - again!

The advantages of Crypton include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.

Offline

#81 2023-06-27 21:53:57

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Open Source - again!

Detroit;16185 wrote:

The advantages of Crypton include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.

Most centralised crypto currency easily gain attention while some decentralized crypto are actually loosing form. Coin like Crypton are actually one of the suitable and reliable coin that serves a full secured transaction.

Offline

#82 2023-06-27 22:23:32

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Open Source - again!

Blockchain applications governed in this manner are known as Decentralized Autonomous Organizations (“DAOs”). governance structure, in contrast, platform participants collectively enjoy full governance control, allowing them to represent themselves.

Offline

#83 2023-06-28 20:33:02

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Open Source - again!

CrytoCynthia;16207 wrote:

Blockchain applications governed in this manner are known as Decentralized Autonomous Organizations (“DAOs”). governance structure, in contrast, platform participants collectively enjoy full governance control, allowing them to represent themselves.

Thats the  nature of the peer to peer decentralization system and the blockchain developer are required to maintain the strength and bond.?

Offline

#84 2023-06-28 20:34:55

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Open Source - again!

Detroit;16185 wrote:

The advantages of Crypton include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.

The Utopia ecosystem is decentralized, that is what is so perfect about it, it isn’t only crypton exchange or their private website or in-built wallet, but everything about their ecosystem is decentralized, this is the perfect network for someone who is tired of centralized system.

Offline

#85 2023-06-28 20:57:33

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Open Source - again!

Camavinga;16392 wrote:
Detroit;16185 wrote:

The advantages of Crypton include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.

The Utopia ecosystem is decentralized, that is what is so perfect about it, it isn’t only crypton exchange or their private website or in-built wallet, but everything about their ecosystem is decentralized, this is the perfect network for someone who is tired of centralized system.

And also will also will be a better start of newbies to learn more about crypto, uwallet, investment, safe transaction, roi and etc

Offline

#86 2023-06-28 22:07:29

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: Open Source - again!

crpuusd;16397 wrote:
Camavinga;16392 wrote:
Detroit;16185 wrote:

The advantages of Crypton include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.

The Utopia ecosystem is decentralized, that is what is so perfect about it, it isn’t only crypton exchange or their private website or in-built wallet, but everything about their ecosystem is decentralized, this is the perfect network for someone who is tired of centralized system.

And also will also will be a better start of newbies to learn more about crypto, uwallet, investment, safe transaction, roi and etc

This Utopia p2p ecosystem has some users friendly characteristics that yield and easier assimilated protocols to follow.

Offline

#87 2023-06-28 22:48:17

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Open Source - again!

gap;16442 wrote:
crpuusd;16397 wrote:
Camavinga;16392 wrote:

The Utopia ecosystem is decentralized, that is what is so perfect about it, it isn’t only crypton exchange or their private website or in-built wallet, but everything about their ecosystem is decentralized, this is the perfect network for someone who is tired of centralized system.

And also will also will be a better start of newbies to learn more about crypto, uwallet, investment, safe transaction, roi and etc

This Utopia p2p ecosystem has some users friendly characteristics that yield and easier assimilated protocols to follow.

The system was actually built on a very cold and admirable measures to allow users have the freedom they deserves while the secured systems.

Offline

#88 2023-06-29 17:11:36

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Open Source - again!

crpuusd;16397 wrote:

And also will also will be a better start of newbies to learn more about crypto, uwallet, investment, safe transaction, roi and etc

The best start is the one that involves learning, and to do that you have to learn about everything, not only one aspect of things, you need to know the most important things, or the things that are the reason why you joined the project, if you know all that, your journey will be good.

Offline

#89 2023-06-29 17:19:42

Lanistergame2
Member
Registered: 2022-12-25
Posts: 2,420

Re: Open Source - again!

crpuusd;16397 wrote:

And also will also will be a better start of newbies to learn more about crypto, uwallet, investment, safe transaction, roi and etc

You are correct. This is a great start for users to learn about crypto and have the opportunity to invest in one of the most profitable crypto coins around CRP. I am not a newbie to the crypto world but I am glad I added CRP to my portfolio.

Offline

#90 2023-06-29 19:42:23

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Open Source - again!

Lanistergame2;16541 wrote:

<div class="quotebox"><cite>crpuusd;16397 wrote:</cite><blockquote><div><p>And also will also will be a better start of newbies to learn more about crypto, uwallet, investment, safe transaction, roi and etc</p></div></blockquote></div><p>You are correct. This is a great start for users to learn about crypto and have the opportunity to invest in one of the most profitable crypto coins around CRP. I am not a newbie to the crypto world but I am glad I added CRP to my portfolio.</p>

I will suggest you allocate new capital strategically to avoid overweighting any one area of your portfolio. If you've made big gains recently from one coin

Offline

#91 2023-07-21 07:24:06

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Open Source - again!

Detroit;16571 wrote:

I will suggest you allocate new capital strategically to avoid overweighting any one area of your portfolio. If you've made big gains recently from one coin

Overweighting your portfolio is not a problem if you properly diversifies, diversification is good to help you not to focus on one area of your portfolio, if you have made big gains from a coin it is good to take your capital and diversify to other coins.

Offline

#92 2023-07-21 15:15:48

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Open Source - again!

Camavinga;18817 wrote:
Detroit;16571 wrote:

I will suggest you allocate new capital strategically to avoid overweighting any one area of your portfolio. If you've made big gains recently from one coin

Overweighting your portfolio is not a problem if you properly diversifies, diversification is good to help you not to focus on one area of your portfolio, if you have made big gains from a coin it is good to take your capital and diversify to other coins.

It has been said that " don't put all your eggs in one basket". This is one of the major way of understanding The crypto world and enjoying the benefits that lies between each end.

Last edited by Comrade (2023-07-21 17:35:27)

Offline

#93 2023-07-21 17:42:51

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Open Source - again!

Comrade;18821 wrote:
Camavinga;18817 wrote:
Detroit;16571 wrote:

I will suggest you allocate new capital strategically to avoid overweighting any one area of your portfolio. If you've made big gains recently from one coin

Overweighting your portfolio is not a problem if you properly diversifies, diversification is good to help you not to focus on one area of your portfolio, if you have made big gains from a coin it is good to take your capital and diversify to other coins.

It has been said that " don't put all your eggs in one basket". This is one of the major way of understanding The crypto world and enjoying the benefits that lies between each end.

Thats while its good to be diversified in investment,all that need or requires more research to begin with and also get the system keeps moving while providing more income.

Offline

#94 2023-07-21 17:53:04

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Open Source - again!

crpuusd;18842 wrote:
Comrade;18821 wrote:
Camavinga;18817 wrote:

Overweighting your portfolio is not a problem if you properly diversifies, diversification is good to help you not to focus on one area of your portfolio, if you have made big gains from a coin it is good to take your capital and diversify to other coins.

It has been said that " don't put all your eggs in one basket". This is one of the major way of understanding The crypto world and enjoying the benefits that lies between each end.

Thats while its good to be diversified in investment,all that need or requires more research to begin with and also get the system keeps moving while providing more income.

Well dealing with the best crypto currency investment system really matter most and i have seen some users making bountiful incomes  in that field so with crypton is one step forward.

Last edited by Europ (2023-07-21 18:04:05)

Offline

#95 2023-07-21 23:35:02

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Open Source - again!

Crypto is largely not regulated · The value depends largely on popular opinion · Your money could be stolen · Technically complex · Crypto scams are increasing.

Offline

#96 2023-07-22 06:57:14

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: Open Source - again!

CrytoCynthia;18907 wrote:

Crypto is largely not regulated · The value depends largely on popular opinion · Your money could be stolen · Technically complex · Crypto scams are increasing.

Your money could be stolen is true, but your money can also be stolen in other assets and investments, your money can even be stolen in the bank or when you are in possession of it. Crypto scams may be increasing, but it is not hard to not be scammed.

Offline

#97 2023-07-22 12:06:21

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Open Source - again!

To turn the races on, the alterations of the net simply occur to anyone that has a open heart for every goodies paste on the internet and also the technical cautious device behavioral practices required by users.

Offline

#98 2023-07-24 23:17:53

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Open Source - again!

Comrade;18962 wrote:

To turn the races on, the alterations of the net simply occur to anyone that has a open heart for every goodies paste on the internet and also the technical cautious device behavioral practices required by users.

Once and embedded secured tools is being out we should try to get hold of it rather than taking a tools out of random releases. Either the open source or close source we should make our research to gain more knowledge on how effective the software can be.

Offline

#99 2023-07-25 12:55:15

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Open Source - again!

Europ;19438 wrote:
Comrade;18962 wrote:

To turn the races on, the alterations of the net simply occur to anyone that has a open heart for every goodies paste on the internet and also the technical cautious device behavioral practices required by users.

Once and embedded secured tools is being out we should try to get hold of it rather than taking a tools out of random releases. Either the open source or close source we should make our research to gain more knowledge on how effective the software can be.

Some said a close source program is real more secured than a open source program, price place on product might reduces demand rate or traffics rate but to and open source is always free for users to easily get.

Offline

#100 2023-07-25 21:31:39

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Open Source - again!

Many people believe that all cryptocurrency wallets should be open sourced, this may not be the best option despite the current nature of open sources.

Offline

Board footer

Powered by FluxBB