The biggest developments in the technology of plucin and digital currencies have not yet come

As the world goes through the Betquin revolution, China is banning the ICOs and the local Betquin exchange platforms, which shocked around the world last week. Where an official order was sent from the Chinese government to exchange platforms in Beijing to stop the circulation of Bitquin and inform users to shut down immediately. The campaign aims to reduce risk, as consumers accumulate in a highly speculative market that has grown rapidly this year. The campaign in China, in fact, points to a growing acceptance of the country's bacon. As China is at the forefront of this revolution, the largest metallic Betquin are falling into this Asian giant. While other fast-growing markets are also realizing their potential, there is still uncertainty about this new technology in this age.
What is the buccaneer and what will it hold for us in the future?
Two experts, Pankaj Jin and Nitin Sharma, were asked to highlight the pros and cons of this technology and its future. Since both have worked earlier in the venture capital industry for years before going into the Betquin. Here are some excerpts:
What is the context in which you cooperate, and what attracted you to the blockin and the area of ​​encryption?
Each of us has been apart as investors across different stages, and in multiple geographical areas for many years. We've been watching the buccaneers for a few years, and we've been working at Bitcoin since 2013. Throughout this year, we're getting into different ideas to understand what can change how the world's companies are being built radically and how they can be changed and funded in the future. We met with dozens of participants and stakeholders across the United States, Europe, India and Southeast Asia, and we learned that innovation is being decentralized and distributed in an unprecedented way since the early 1990s. The Internet has been built on different protocols, changing lives and creating billions of dollars. So it can be said that the blockachine and its applications will provide a vision for a whole new type of Internet 2.0. It was also interesting for us to dive deeper into this field and identify promising investment opportunities, as well as to think about ways in which emerging companies (especially in the US, India and Southeast Asia) can help us through our experience and some networks.
What is the best way to understand plaque and why is it important?
The main idea is "decentralization" through which applications or transactions can be run without the need for a centralized platform or authority. For example, Bitquin is a currency exchanged without the involvement of a bank or networked records and without a central repository, as well as a new mechanism for the distribution of peer-to-peer data without relying on a particular company and its data centers. All this becomes possible with the technology of plucin. The way in which this is done is through the concept of a distributed book of accounts. This means that all transaction log in a particular system is copied to hundreds or thousands of different nodes (computers) rather than being with one central end. This book of accounts is not only distributed, but also publicly available and unchangeable. Additions to the book of accounts through the compatibility mechanisms that enhance the network's computing resources, and ensure that the majority of the contract has been achieved health and security.
Now, what makes all this possible is the state of connectivity and data infrastructure we have today, and powerful applications of encryption. There is a great deal of complexity and encryption behind the scenes, but the key is to appreciate that these systems can guarantee a high level of trust, transparency and speed without transaction costs or delays that are usually associated with central authority. Obviously, all this deserves attention because it defies many of our concepts. Will future companies operate primarily on distributed code and smart digital contracts? Will there be a different way in which companies should be financed? How will all this give more power and value to end users? What about social networks, would it be different too?
People often talk about bitquin and etherium. What is the best currency to invest?
We do not want to offer any advice on speculation about short-term prices, trading opportunities or arbitration. But the most important thing to understand the average investor, who is just a beginner in pursuing this space, is that Betcuen and Atheroium are basically two currencies that can not be compared. Betquin can be said to be the first known application of plucin and plays the role of a digital coin that can be a valuable store and / or a means of exchange. Ethrium, on the other hand, should be seen as a platform that makes it easy to develop and diffuse various decentralized pluchen applications. Consensus algorithms are much faster, and latent programming makes it easier for developers to write applications that use smart contracts that are executed automatically and digitally.
For example, imagine a supply chain network where all steps and transactions can be identified and programmed by smart contracts (actions to be taken or payments to be made once goods are confirmed delivery ..). Hundreds of applications built on the etherium network have also produced "currencies", which are closer to virtual currencies operating within a given ecosystem. The Ether coin is the fuel or gas required for application developers to pay fees and services on Athenium pluchen. Because of the benefits that can be gained when building applications on the ether pluchen, this coin has gained wide popularity and has become a tradable digital currency as well.