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hamasugu

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hamasugu last won the day on June 29 2018

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  1. DeFi originally started as a service for "unbanked" people who cannot get financial services. In fact, typical DeFis, such as stable coin maker DAO, decentralized exchange uniswap, and lending service compounds, are offering meaningful services and trying to change the world. The source code of the program that runs DeFi is basically open to the public. The aim is to increase reliability by allowing anyone to audit the contents of the program. But on the contrary, you can easily create a similar service by copying the source code. And it's easy to improve it.It is possible for developers in a few days. The flare network is compatible with Ethereum code.  I have no doubt that many DeFi services are born in flare networks.
  2. If the cryptocurrency XRP is judged to be a security by the regulator ── What is the view of Ripple CEO? https://translate.google.com/translate?sl=ja&tl=en&u=https://coinpost.jp/?p%3D202155 However, even if such a "negative decision (decision to be a security)" is made, Ripple will be affected by some products called "On-Demand Liquidity (ODL)". He answered that this can also be dealt with by obtaining the approval of the broker / dealer.
  3. If the cryptocurrency XRP is judged to be a security by the regulator ── What is the view of Ripple CEO? https://translate.google.com/translate?sl=ja&tl=en&u=https://coinpost.jp/?p%3D202155
  4. EOS and KIN paid a fine to the SEC and settled. They were fined less than expected. EOS and KIN are still trading. It was not banned. I think the same result will be obtained in the unlikely event of a proceeding. https://medium.com/kinblog/a-new-chapter-begins-in-the-life-of-kin-and-the-kin-foundation-ddd26cb7ff50 The post-litigation settlement between KIN and the SEC may serve as a reference case. This is KIN's price chart. After the settlement, KIN's price has risen significantly. https://imgur.com/a/ahFOHY2
  5. This is KIN's price chart. After the settlement, the price of KIN has risen significantly. https://jp.tradingview.com/symbols/KINUSD/?exchange=HITBTC
  6. https://medium.com/kinblog/a-new-chapter-begins-in-the-life-of-kin-and-the-kin-foundation-ddd26cb7ff50 The post-litigation settlement between KIN and the SEC may serve as a reference case.
  7. EOS and KIN paid a fine to the SEC and settled. They were fined less than expected. EOS and KIN are still trading. It was not banned. I think the same result will be obtained in the unlikely event of a proceeding.
  8. Our company has created some DApps for our customers. Customers are struggling with Ethereum's gas bills and are worried about the sudden rise in gas bills. Soaring gas prices are a great threat to services that generate many transactions and send tokens to users. Soaring gas prices are a huge threat to developers, operators and users. It should not be compared to the level at which banks adopt new software. The threat is great for non-wealthy developers and operators.ETH is required as a gas to run a decentralized application. I think many DApp developers and DApp operators will notice the benefits of flare networks. Ethereum requires a fee (gas) in order to perform a transaction. As the number of users increases and the number of transactions increases, more gas is needed, and it is becoming impossible to perform even ordinary token transfers without paying a lot of fees.
  9. Airdropped on Spark (FLR) at 1: 1 ratio of XRP ↓ Owns Spark (FLR) ↓ 1: 1 DFLR airdrop ↓ Swap DFLR to YFLR ↓ YFLR and Spark (FLR), FXRP, etc. Receive YFIN and YMIN by mining In the future, there may be more opportunities for airdrops based on XRP, FXRP and Spark. Considering the continuous airdrops,Sale of DeFi tokens and mining, we will need to collect XRP and Spark at low price now.
  10. I will learne more about Flair Mine on their official Telegram. If I learned it, I would explain it here.
  11. How Flare Mine works is described on page 11 of this PDF. No new sparks will be issued. Total supply will not increase with this service. https://flr.finance/static/media/FFShortPaper.b61a58ee.pdf
  12. Flare Mine is not a direct project of Flare Network. Flare Mine is a service for users who are mining Bitcoin and Ethereum with ASIC devices in a centralized mining pool. However, users are rewarded with sparks instead of receiving Bitcoin and Ethereum with automated trading bots. This may be a service to make good use of ASIC devices that users are not using. However, if Spark goes up in price it may become popular.
  13. The Oracle reward can be found on the blog “Network participation incentives and weak hands”. https://blog.flare.xyz/further-information-on-the-spark-token-distribution/ But I still don't understand it well. Perhaps we can do something like mining by delegating like Tezos. I think this reward will cause 10% inflation. But I think I would suggest reducing that percentage.
  14. Do they write that holding is not beneficial? They say they can't comment on the value. Perhaps they say so to avoid securities issues. I expect the initial distribution of Spark to be about 3-5 billion. It is much smaller than the circulating supply of XLM, 21.8 billion XLM. XLM is now $ 0.18. I think Spark could be higher than XLM if we think of it as an asset related to smart contracts and oracles. And it is also used for Oracle rewards. So I think there may be a competition to get them. So I think Spark could soar in the early days. I also want to put it in my bag as much as possible. There are many cryptocurrency that want smart contract functionality,Cheap fees and scalability. The demand for sparks should increase as the transaction volume of those coins increases. Because Sparks are the collateral for these coins.
  15. I think Spark is a complementary token for XRP. It will used as collateral to bring other blockchain tokens to the flare network. I expect the initial distribution of Spark to be about 3-5 billion. It is much smaller than the circulating supply of XLM, 21.8 billion XLM. XLM is now $ 0.18. I think Spark could be higher than XLM if we think of it as an asset related to smart contracts and oracles. And it is also used for Oracle rewards. So I think there may be a competition to get them. So I think Spark could soar in the early days. However, I will have the most XRP holders in the flare network. XRP has a brand with history and market capitalization of 3rd place. I think DApp developers will design services around XRP. Spark will remain a collateral asset for bringing flare networks to add smart contracts to XRP. on the other hand,XRP will be used for DEX liquidity mining when the flare network starts, so it will be bought and many people will hold XRP. When many people hold XRP, the amount of supply in circulation will be greatly reduced. When this happens, there will be fewer sell orders on the exchange's sell board. As a result, even a small amount of buying demand can easily push up the price. In Ethereum, when the DEX started, about 10% of ETH was used for liquidity mining. That has the effect of locking in and reducing the amount of supply in circulation. And ETH has risen by more than 300%. As you can see from the supply and demand curves, it is only natural that this trend will intensify. I think that XRP and Spark complement each other in this way, and that they grow synergistically.
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