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Topics - Marryan

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As questions swirl about how much cryptocurrencies will be worth in the wake of the spectacular collapse of the crypto exchange FTX and other major platforms, a key question has emerged: Who will keep your crypto safe?

In response, some in the crypto community are calling for a return to its decentralized roots.

Among the rallying cries of this latent movement: “Not your keys, not your coins.”

In other words: Trust only yourself.

But doing so requires individuals to maintain their own cryptocurrency wallets through a more complicated — if safer — process that involves generating complex passwords and sometimes buying physical hardware to keep track of crypto, as opposed to entrusting it to an exchange.

"A company like FTX was supposed to hold your assets, but they ended up lending them out," Tracy Wang, deputy managing editor at the crypto news site CoinDesk, told NBC News.

That concept is what undergirds the traditional monetary system and seems to go against the fundamental philosophy of cryptocurrency.

"This is like taking power back and being in charge of your own money," Wang said of decentralization.

So does that mean that Utopia P2P had chosen the right way from the very beginning, being based on its own decentralized blockchain and having own Crypton privacy coin? As for the 5 years of existence it didn't face any data leakage or scamming scandal. Or what else would you offer to pay attention to?

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The cost of the first cryptocurrency again fell below $32.3 thousand. The asset has updated the price minimum since June 8.
The Dogecoin rate in this regard fell by 43% per day.

The value of bitcoin began to actively decline after negative news from China, where the authorities of Sichuan Province, a major center for the production of cryptocurrency, banned mining. The new rules primarily affected the 26 mining companies that were officially operating in the region. By June 20, they had cut off their electricity supply.


Does it mean that the crypto market is rapidly falling and will no longer be able to rise?

3
Crypto currency Mining / Decent alternative to Chia Coin?
« on: June 08, 2021, 02:08:43 PM »
Did you hear about Chia Coin?

It is a hype green coin, which is now becoming a leader in the cryptocurrency mining market. Despite the hype, Chia Coin is still not as green as Crypton — the internal cryptocurrency of the Utopia ecosystem. The first has some drawbacks in technical terms. Although Crypton does not position itself as a green cryptocurrency for mining, it is a privacy coin. But the technical data suggests otherwise.

Will Crypton mining become a new market leader due to its ergonomics and low energy costs?
 It is more acceptable than Chia Coin in several points:

- Equipment
- Environmentally friendly
- Breakthrough technology
- Low technical requirements
- Easy way to withdraw funds

Crypton cryptocurrency is completely decentralized and cannot be manipulated by government organizations. All transactions made in Crypton are final and cannot be canceled. Furthermore, users have full control over their personal assets, as there is no third party with the right to interfere in the system processes.

No one can block the Utopia user's wallet or influence it in any way. Personal transactions cannot be viewed by other system participants and are conducted with minimal fees. CRP mining has almost no effect on the performance of the computer.

What do you think about it?

4
Sorting Box / All-in-one
« on: October 15, 2018, 04:27:22 PM »
Guys, I was copying the documents in the office today using multi-function device and came to a question..

Is there something based on blockchain that has all-in-one functions? Like exchanger + wallet + mail or chat?
Do you know something like that?

I think it might be very convenient to use :)


5
Cryptocurrency discussions / Creating a new coin
« on: September 26, 2018, 01:23:34 PM »
If you will have an opportunity to create a new coin how will you name it and what will be the logo?

There are so many coins already and it's hard to become popular so it must be something recognizable and maybe even a little bit crazy  ;D

Let's fantasize a little!

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