merits of cript currency to economy

     merits of cript currency to economy

 

 

 

    cript currency is not only solution to debt,

    but also tech to solve problems

 

    what is merits of criptocurrency ?

 

    1⃣ Smart Contract                  ① payment to trade, happen with semi~automatic        ... cash flow, will become faster

                                                   ② history, prove trade contents.

 

    2⃣ international currency        ① payment at anywhere

                                                   ② in africa, value of gold is not stable.    cript currency can be support to business at there.

 

    3⃣ mining                                ① we can get cript currency, with mining with PC

                                                                                      ... mining is calculation to convert trade history into coder

                                                   ② more cheep electric price, more reward

                                                                                      ... good effect to product company

 

    4⃣ history in mining PC           ① cript currency 's trade history, remain in public info  ... durability to fake gold

 

    5⃣ total gold quantity in accountbook increase              ① benefit to economy

 

 

    tasks of cript currency

 

    1⃣ Proof of stake                ... thats not we want for ...

                                                   we need certification &credit from Proof of work.

                                                   proof of work ~= equal certification to everyone 

    2⃣ Hacking                     ①  51 % attack        ... 2 layer history , may solve problem

                                                                        
    3⃣ burn out                     ① burn out is system, to keep value of  cript currency

 

                                               merit 1: calculation speed of CPU, may increase

                                               merit 2: cript currency, may not

 

                                                  in history, to every currency, inflation had happens.

                                                 burn out of cript currency, may reduce number of user.

                                                ( more user, more stable coin)

 

 

 

    4⃣ calculation cost increase of Proof of work

 

                                                  solution ① if history data increase, more easy way to calculate code

                                                  solution ② compress history data

                                                  solution ③ reset & save history data, to other place

                                                                       ... task : ongoing tranxaction, may remains ...

 

    5⃣ heat emission

                                                  solution ① energy generator at space

                                                  solution ② solar panel, wont increase additional heat

 

    conclusion:

 

    ① cript currency is trustful, from history in mining PC

    ② Proof of work system, credit value of cript currency.

    ③ if more user increase, cript currency become more trustful

 

 

thanks