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Author Topic: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation  (Read 2759 times)

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #30 on: April 12, 2020, 11:41:57 AM »
🏮 In recent years, representatives of government agencies, businesses, the financial sector, and the banking community have shown great interest in relatively new technology - blockchain.

🗓 In 2013, the blockchain 2.0 applications focused on a wide range of areas, from domain name registration to financial contracts, crowdfunding and even games based on the same technologies that ensure decentralized and secure Bitcoin. According to the definition of D. and A. Tapscott, the authors of the book “The Blockchain Revolution”, “... blockchain is an eternal digital distributed journal of economic transactions that can be programmed to record not only financial transactions but also practically everything that has a value”.

⠀⠀𝗗𝗶𝘀𝘁𝗶𝗻𝗰𝘁𝗶𝘃𝗲 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 𝗼𝗳 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼
📊 The number of possible embedded smart contracts is not limited in number and in time. Cryptocurrency is one chain of smart contracts; tokens are the second chain of smart contracts; the third chain of smartcontracts is operations in crypto exchanges. New properties emerge in the operation of all smart contracts in Relictum Pro developed by smart contracts:
🦋 The possibility of the intersection of smart contracts, thus describing a more complete type-properties of the goods;
🦋 A blockchain remembers everything as an opportunity to get a virtual portrait of a person and, if desired, a participant can make a full sample on various aspects of their life activity.

⠀⠀𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗵𝗮𝘀 𝘀𝗲𝘃𝗲𝗿𝗮𝗹 𝗺𝗮𝗷𝗼𝗿 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝘀:
❄️ Smart contracts are used to formalize any type of activity where an event occurs;
❄️ Smart contract independently monitors whether some particular terms of the contract were fully implemented. At the same time, thanks to the Relictum Pro system itself, the code is absolutely protected from any third-party intervention;
❄️ That is, no attacker can change the source code of a smart contract between two (or more) nodes;
❄️ It is an opportunity to conduct operations with different types of smart contracts;
❄️ Possibility to generate new smart contracts with new type-properties or property-types;
❄️ In our system, a smart contract can be concluded at the same time between 10 contractors. The weight (size) of a single block in RelictumPro is about 120 bytes, which is 8000 times less, compared to, for example, Bitcoin.
 
⠀⠀𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗛𝗘𝗥𝗘: https://relictum.pro/cabinet/docs/whitepaper_en.pdf

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #31 on: April 13, 2020, 12:15:11 PM »
🗳 Although the blockchain was not truly applied in 2017, it has become quite tangible in a technological sense. Now that the software is developed, those who are closely working on the development of the technology say that full-fledged products are about to appear.

🗝 All the experiments and concepts of Proof-of-Something were not made to have fun. They were designed to understand what can be changed with technology and what cannot. We have gained an understanding of a really useful product for business. Blockchain is no longer abstract; very soon it will become a good business.

🌐 Relictum Pro is impossible to compare with any existing project at the moment. There is no concept of “comparison with competitors” for Relictum Pro, since, keeping in mind the problems of modern network organization, HyperNet in our communication way is not used anywhere.

⠀⠀𝗢𝘁𝗵𝗲𝗿 𝗻𝗲𝘁𝘄𝗼𝗿𝗸𝘀:
💠 The competitors' blockchain systems are organized on P2P networks, which, with a large number of nodes, leads to a decrease of filling rate of the entire network.
💠 The existing competitor’s average network filling rate (all nodes) with blocks (Bitcoin or Aether), taking into account the confirmations, takes, on average, from 10 minutes to several weeks.
💠 Low throughput capacity

⠀⠀𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼:
🌀 Relictum Pro network instantly self-organizes established virtual channels between node-node-node and is guaranteed to fill the network in 0.5-1 sec.
🌀 Relictum Pro transaction speed (the rate of filling the entire network with blocks in each node) takes from 0.5 to 1 sec.
🌀 Currently, we have reached a level of 100,000 transactions/s on the Internet. Objective and calculated throughput capacity is up to 1,000,000 transactions/s

Thus, Relictum Pro network is incomparably better than its competitors, providing lightning speed of transactions and reliability.

𝗖𝗵𝗼𝗼𝘀𝗲 𝘁𝗵𝗲 𝗰𝘂𝘁𝘁𝗶𝗻𝗴-𝗲𝗱𝗴𝗲 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗼𝗳 𝗯𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝟱.𝟬 - 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #32 on: April 23, 2020, 10:16:58 AM »
Bitcoin has many problems, but in this post we will focus on the main thing: transactions with this digital currency are carried out incredibly long.

One of the main problems of modern blockchains is large block size. It is 8000 times bigger than our block size (1,024,000 bytes = 1Mb against 120 bytes). It is not advisable to accommodate all transactions that cannot be placed in a single block in a single block. This leads to a decrease in the speed of data processing, a decrease in the speed of data transfer, as well as a decrease in the speed of searching for the necessary information.

The more network congestion, the longer transactions take. And in itself this problem will not be solved. When a new transaction is launched in the Bitcoin blockchain, information about it is visible immediately, but the actual currency transfer may take several minutes or even hours. This expectation is inconvenient to neither buyers nor sellers.

Bitcoin is extremely inefficient in matters of network scaling. Transactions in it as the number of users grows, they become more and more slow and expensive.

𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝘀𝗽𝗲𝗲𝗱 𝗼𝗳 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻

The existing network organization of modern blockchains is peer-to-peer (P2P) network. Relictum blockchain platform uses a unique protocol based on the TCP/IP protocol, in which a virtual communication channel with each node is formed over the Internet. The advantages of this network are its reliable stability and isolation from the general segment of the Internet. In this virtual channel, only Relictum Pro information is transmitted, which increases the data transfer speed several times.

𝗣𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲 𝗼𝗳 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻: One node connects to several and in parts downloads data from other nodes. Thus, the download speed was close to the maximum value of the network card and the speed of a provider.

As a transport, we use a new type of network based on the fourth-level data network of the OSI model. _HyperNet is a virtual channel switching network.

The network provides a constant stable connection between all nodes for a small limited period of time (from 0.5 to 10 s), depending on the network load. With a small network load, this gap can be up to 10 s, while with a loaded network it decreases to less than 0.5 s

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #33 on: April 23, 2020, 10:41:58 PM »
🔊Dear Relictum Pro community!

🚀 13 000 Members of Relictum PRO has been reached. During this time, we received a lot of feedback about work of our network, this has a positive effect on the development of the project. 🏔New heights will be reached soon and incredible opportunities of Relictum Pro blockchain will be in great demand!

🎲You can join to our regular contests in our telegram chats and have a nice time!

https://t.me/Relictum_Pro_Official

https://t.me/relictum_pro_chat


🏮 Website: https://relictum.pro

bigcash2011

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #34 on: April 24, 2020, 01:33:31 AM »
Can someone tell me that if we want to compare relictum pro with some other similar project which project would be that?

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #35 on: April 24, 2020, 12:25:51 PM »
🤔Relictum Pro BIG AMA

🗓Date:
1th May , Friday

🕕Time:
 6pm GMT  

We are glad to inform you that AMA session planned on 1th May .
Each of you can participate and ask no more than two questions. You can ask your questions in English and Russian.
Participants who will ask the top 5 questions will receive a good rewards💰:

🥇Top-1 - 5555 GTN ($25)
🥈Top-2 - 4444 GTN ($20)
🥉Top-3 - 3333 GTN ($15)
🏅Top-4 - 2222 GTN ($10)
🎖Top-5 - 1111 GTN ($5)

▶️To attend you need to write your questions (no more than two questions) here:
https://docs.google.com/forms/d/e/1FAIpQLSc12DiKnRiBwbnNOuliADt6o3kjMGy39i3q-qOuKE6xiX4CFw/viewform?usp=sf_link

❗️Deadline  - 31 April

https://t.me/Relictum_Pro_Official
https://t.me/relictum_pro_chat
https://t.me/relictum_pro_chat_ru

bigcash2011

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #36 on: April 24, 2020, 11:18:22 PM »
I appreciate your project, the way you are planning to keep community updated through AMA sessions.
I want to ask when do you plan to launch your project as a fully functional service and secondly when it will be listed on exchanges any confirmed exchanges yet?

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #37 on: April 30, 2020, 08:06:15 PM »
💠 Relictum Pro is a new-generation blockchain network in which you can conduct transactions with any electronic or digital currency, digital assets, cryptocurrencies, and fiat currencies, the cost of which is the lowest in the world – 0 %, and the network speed is at least 1,000,000 transactions per second.

⠀⠀𝗧𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝘁𝗵𝗿𝗲𝗲 𝘁𝘆𝗽𝗲𝘀 𝗼𝗳 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗶𝗻 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺:
➿ genesis tokens (GTN),
➿ stable-tokens,
➿ Relict coins (RLC).

In this post, we will tell you about the purpose, emission volume, and distribution procedure of Genesis tokens.

𝗚𝗲𝗻𝗲𝘀𝗶𝘀 𝗚𝗧𝗡 𝘁𝗼𝗸𝗲𝗻𝘀 𝗽𝘂𝗿𝗽𝗼𝘀𝗲

🔒 𝗚𝗲𝗻𝗲𝘀𝗶𝘀 𝘁𝗼𝗸𝗲𝗻𝘀 are tokens expressing the intellectual property (IP) rights of the Relictum Pro software code, issued in the amount of 10 000 000 000 GTN. Genesis Token is distributed in the course of the corresponding ICO or IEO rounds among early investors who believed in the mathematically sound concept of Relictum Pro.

✏️ Genesis tokens give the right to receive royalties for the use of the intellectual property (IP) of the Relictum Pro software code in the amount of 19% of the forging (emission) size of RLC.

𝗧𝗼𝗸𝗲𝗻𝗼𝗺𝗶𝗰 𝗺𝗼𝗱𝗲𝗹 𝗼𝗳 𝗚𝗧𝗡 𝘁𝗼𝗸𝗲𝗻𝘀 𝗴𝗲𝗻𝗲𝘀𝗶𝘀

📌 Total emission genesis of GTN tokens: 10 000 000 000 GTN

Accommodation rate 1 GTN, $: 0,0045 $

⠀⠀𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝗚𝗧𝗡 𝘁𝗼𝗸𝗲𝗻 𝗴𝗲𝗻𝗲𝘀𝗶𝘀:
🦋 Early investors - 50%
🦋 Team - 38%
🦋 Marketing expenses - 9%
🦋 Advisors and experts - 3%

𝗥𝗲𝗽𝗹𝗲𝗻𝗶𝘀𝗵 𝘆𝗼𝘂𝗿 𝘄𝗮𝗹𝗹𝗲𝘁 𝘄𝗶𝘁𝗵 𝗚𝗧𝗡 𝘁𝗼𝗸𝗲𝗻𝘀 𝗮𝗻𝗱 𝗿𝗲𝗰𝗲𝗶𝘃𝗲 𝟭𝟵% 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗼𝗿𝗴𝗶𝗻𝗴 (𝗲𝗺𝗶𝘀𝘀𝗶𝗼𝗻) 𝘀𝗶𝘇𝗲 𝗼𝗳 𝗥𝗟𝗖!

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #38 on: May 01, 2020, 03:45:50 PM »
Hash and hashing algorithms are key concepts that newcomers to the blockchain know about and which always go hand in hand with security.

To maintain decentralized networks and consensus mechanisms, including Bitcoin or Ethereum with a thousand nodes connected via p2p, a “lack of trust” and an effective confirmation system are necessary. These networks need compact methods of encrypting information that would allow participants to conduct quick and secure checks.

Block is one of the main components of Bitcoin and Ethereum. The block contains information about transactions, timestamps, and other significant metadata. A considerable role in ensuring security is played by the ability to compress large amounts of information about the global network status into short standard messages, which can be easily checked if necessary. These messages are the hash.

Hash algorithms in cryptography are used everywhere. The main areas of their application are the storage of passwords, file verification systems, etc. The essence of these hashes is to use a deterministic algorithm that takes input and creates a string with a fixed length. Thus, the same input will always be converted to the same output.

Determinism is important not only for hashes because even if you change one bit of the input data, you also get a completely different hash.

However, there is a problem with hashing algorithms - this is the inevitability of collisions. Collisions are bad. This means that the attacker who created the collisions can transfer malicious files while hiding under the correct hash. A good hash function should make it more difficult for attackers to find ways to create an input with the same hash value.

The process of calculating the hash should not be too effective since in this case, attackers can easily calculate collisions. Hash algorithms must be resistant to the attacks of finding the pre-image. It is necessary to complicate the process of calculating steps to find the initial value from which the hash was created (for example, the inverse image).

Relictum Pro is a supplemented modification of SHA1-based hashing mathematics. The main advantage of it is in converting from 20 bytes to 32 bytes (in your own hash). This gives a high crypto-stability, including from a promising quantum computer.

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #39 on: May 02, 2020, 07:13:54 PM »
On Wednesday, April 4, a network of anonymous cryptocurrency Verge was subjected to the so-called “51% attack.” As a result, for three hours, fraudsters completely controlled the network and the transactions taking place in it. In this post, we will look at how such attacks happen, in which cases they are most likely to occur, and how exactly the Relictum Pro network solves this problem.

How the “51% attack” happens.
A “51% attack” occurs when the attacker, in which a relatively small number of miners can play, has a “control packet” of the hashrate, that is, computing power. As a result of the attack, miners gain control over the entire network and can create blocks at their discretion.

In a network that uses the Proof-of-Work consensus algorithm, in order to add a new block, miners must perform complex calculations, thereby proving that they have done the work. The first miner who proposed the right solution creates a new block and receives a reward for this. The more computing power the miner has, the higher the chances of finding the right solution faster than anyone and the greater the size of the reward.

It is the key role of computing power that leads to the 51% Attack threat. If a miner or a pool of miners controls more than half the hashrate, then they have the opportunity to completely control the network: they can add new blocks, manipulate two-way operations and not confirm new transactions. Also, with the “51% attack”, attackers can use the same coin several times, recalling transactions made with it, which is called double-spending.

Solving the problem of 51% attack.
In Relictum Pro, a single node makes a decision within 0.5 to 10 seconds, the network is updated (regenerates) and another main node is selected, it collects instructions, forms blocks and distributes them to all nodes, i.e., the network changes dynamically every second. This gives an advantage, which excludes various kinds of ambiguities – collisions, double spending, and other things. There are no standard consensus principles. The more nodes are in the network, the better is the performance. This is achieved by the unique architecture of Proof of Tsar and the organization of the virtual circuit switching network.

Website: https://relictum.pro

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #40 on: May 04, 2020, 12:10:39 PM »
Greetings, dear community. In this post, we will tell you why we’ve chosen Android for running our application.

When properly implemented, Blockchain can provide a decentralized solution that reduces intermediates, improves accountability while protecting the data, and prevents unauthorized access.

Why integrate blockchain with Android?

- Distributed data — It is more readily available, and in case of network failure, it functions better than an application that has data stored in a centralized server.
- Secure and safe — A blockchain app uses cryptography to encrypt data.
- Reduces data loss — Any authentic updates or changes in the database get distributed to all other databases in the network. As a result, data loss is minimized.

The basic concept of RELICTUM PRO is the development of a safe, high-performance ecosystem of decentralized applications (smart contracts) created both by RELICTUM PRO and dynamic ones — developed by the community to ensure transparent and free work within different areas of the economy of the state, enterprise or public service.

RELICTUM PRO has chosen Android due to the fact that this platform is more friendly for installing and running applications that perform complex operations within the operating system (working with a network is considered to be such an operation), working with RAM, complex calculations, etc.

The project team has chosen this platform for the first stage, besides the installation of the APK application is possible without preliminary registration of the application with Google’s PlayMarket, which, in turn, is not an ideal scenario for distributing the product, but it’s acceptable at the launch stage, provided that the Android-based application from RELICTUM PRO is already undergoing registration and verification in Google’s PlayMarket.

📢 Follow THIS instruction https://relictum.pro/faq to download and install an Android-based application!

❗️ Choose the latest and the most advanced 🏆 blockchain 5.0 RELICTUM PRO!

🏮 Website: https://relictum.pro

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #41 on: May 06, 2020, 11:06:38 AM »
🔊Dear Relictum Pro community!

14 000 Members of Relictum PRO has been reached.  
This week we answer your questions and hope every community member will find this session informative and constructive and know more about our next steps and milestones!
Be with us, Relictum.pro https://relictum.pro/ community!




RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #42 on: May 07, 2020, 07:16:05 PM »
Today, we will tell you about the forging of the RLC stable coins.

Stable coins RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins.

Forging is a creation of new entries in the blockchain based on the participation of RelictumPro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stable coins. The forging of the RLC stablecoins is built on the principles of relic radiation.

✅ 𝗙𝗼𝗿𝗴𝗶𝗻𝗴 𝗺𝗼𝗱𝗲𝗹 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝘀 𝘁𝘄𝗼 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗲𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝗲 𝗼𝗳 𝗰𝗼𝗶𝗻𝘀:
📌 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝗳𝗼𝗿𝗴𝗶𝗻𝗴 which is based on the issue of stable tokens. Since the tokenomic model of stable tokens involves charging a fee for withdrawing assets from the RLC coin in the amount of 2%, the emergence of the RLC stable coin occurs at the moment of entering the stable token into the Relictum Pro network.

🛠 The amount of RLC commissioned forging is calculated by the formula:
⠀⠀N (RLC) = 2%N (STNi) Ki c.c.f.,
where:
𝟮% - is a fee forging ratio (Relictum Pro fee amount set in the smart contract for withdrawal for the corresponding electronic, digital currency or asset)
𝗡 (𝗥𝗟𝗖) - is the number of RLC Stable Coin issued;
𝗡 (𝗦𝗧𝗡𝗶) - is the number of the corresponding electronic, digital currencies and assets entered (credited) to Relictum Pro;
𝗞𝗶 𝗰.𝗰.𝗳. - is the coefficient of the corresponding electronic, digital currency, or asset included in the Currency fluctuation map at the time of the transaction.

📌 𝗗𝗶𝗿𝗲𝗰𝘁 𝗙𝗼𝗿𝗴𝗶𝗻𝗴 which is based on the purchase of RLC Stable Coins. This is the basis for the release of the RLC Stable Coin. For this, we have provided direct forging.
⠀⠀N (RLC) = N (STNi) * Ki c.c.f.,
where:
𝗡 (𝗥𝗟𝗖) - is the number of RLC Stable Coin issued;
𝗡 (𝗦𝗧𝗡𝗶) - is the number of the corresponding electronic, digital currencies and assets entered (credited) to the Relictum Pro network;
𝗞𝗶 𝗰.𝗰.𝗳. - is the coefficient of the corresponding electronic, digital currency, or asset included in the Currency fluctuation map at the time of the transaction.

Read more about the forging and RLC stable coin here:
https://relictum.pro/cabinet/docs/whitepaper_en.pdf


🔥 To join the Token Sale Roud, click here: https://relictum.pro/token-sale 🔥
« Last Edit: May 07, 2020, 07:25:35 PM by RelictumPro »

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #43 on: May 08, 2020, 08:00:08 PM »
Today, we are going to share with you some important information on what the speed of transaction depends on.

🔹 Miners take transactions from the mempool, form blocks from them and process them. They receive a reward for processing one block of transactions in the blockchain.

🔹 The transaction speed depends on the number of coins sent and on the commission that the sender is willing to pay for the quick delivery of his message.

🔹 Some wallets allow customers to increase commission and thereby speed up transactions. Others (such as Coinbase), calculate the commission themselves using mechanisms that they do not want to disclose. As a result, miners receive not only remuneration for the block, but also additional commissions.

🔹 This encourages miners to select transactions with higher fees for volumes or for the speed of sending. Thus, it is the miners who are the key participants in cryptocurrency transactions. It depends on the miners how quickly the recipient receives the coins.

💎 Relictum Pro allows you to confirm transactions within the network of current cryptocurrencies: Bitcoin, Ethereum, Litecoin, Dogecoin, etc. Transaction confirmations happen instantly. Even if Bitcoin has not reached the owner, a user can already immediately dispose of it.

💎 Relictum Pro transaction speed (the rate of filling the entire network with blocks in each node) takes from 0.5 to 1 second. ⚡️ While the average speed of filing the network (all nodes) with blocks (Bitcoin or Ether) existing for competitors, taking into account the confirmations, takes, on average, from 10 minutes to several weeks.

🥇 𝗙𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro


📣 𝗙𝗼𝗹𝗹𝗼𝘄 𝗼𝘂𝗿 𝗽𝗮𝗴𝗲 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝘀𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀

RelictumPro

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Re: [ANN] Relictum Pro | Blockchain 5.0 of the latest generation
« Reply #44 on: May 11, 2020, 01:02:44 PM »
Hello, community! 🤗
Today, we will tell you about the pros and cons of stablecoins. 🔥

❗️𝗣𝗿𝗼𝘀:
🔵 Stablecoins can contribute to the increase in the use of cryptocurrencies and push them to mass adoption. Since they are convenient due to the absence of the huge price volatility (unlike most cryptocurrencies) while taking advantage of the blockchain technology.
🔵 It is much more convenient for people to use stable cryptocurrencies than fiat funds for their transactions since transactions through intermediary services that accept traditional currencies usually charge high transaction fees.
🔵 Stablecoins can increase the level of decentralization of the exchange. Decentralized exchanges are currently lacking in popularity, and stablecoins can lead to a greater influx of new users.
🔵 Stablecoins ease losses with a significant drop in the market. At the time of the collapse of the cryptocurrency market after the New Year 2018, during which many cryptos fell by 30-70%, the fall of Tether was only about 8%.

❗️ 𝗖𝗼𝗻𝘀:
🔴 Investors aren’t interested in stablecoins. If you purchased 100 stablecoins at a price of $100, then after a year, two or five years, it does not matter, their amount will still be estimated at $100.
🔴 The cost of a stablecoin depends on the asset with which it is secured, so if the accounts on which the reserves are stored will be frozen and the assets withdrawn, then the project may go bankrupt.
🔴 Stablecoins can be stolen from bank accounts. And there are doubts that such a collateral system is completely decentralized, and the owners remain confidential.

💎 Stablecoin RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins. Forging is a creation of new entries in the blockchain based on the participation of Relictum Pro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stablecoins. The forging of the stablecoins of RLC network Relictum Pro is built on the principles of relic radiation.

The project team believes that it is possible to create a constant coin relative to the basis of all currencies of the world – the RLC stablecoin, which would level out the fluctuations in the value of the stable-tokens compared to each other. Such consistency will be expressed in the calculation of the cost of the RLC stablecoin based on dynamic coefficients in relation to world electronic, digital currencies and assets, which will be reflected on the map of currency fluctuations.

📌 𝗙𝗼𝗿 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro/knowledge


📣 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗼 𝗿𝗲𝗮𝗱 𝗼𝘂𝗿 𝗻𝗲𝘄 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀!

 

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