Cryptocurrencies - Revision history

Ralf: /* Montelibero */

2023-01-08T21:40:05Z

Montelibero

← Older revision		Revision as of 23:40, 8 January 2023
Line 36:		Line 36:
	==Montelibero==		==Montelibero==

	The main blockchain in which [[tokenomics]]] Montelibero is conducted is [[Stellar]]. In everyday life, we actively settle with [[EURMTL]] stablecoins.		The main blockchain in which [[tokenomics]] Montelibero is conducted is [[Stellar]]. In everyday life, we actively settle with [[EURMTL]] stablecoins.

	[[Category:Tokenomics]]		[[Category:Tokenomics]]

Ralf: Added side bar link to Russian page

2023-01-08T21:13:37Z

Added side bar link to Russian page

← Older revision		Revision as of 23:13, 8 January 2023
Line 1:		Line 1:
	This is just a general concept. Read more in [[en:~~Cryptocurrency~~]]		This is just a general concept. Read more in [[ru:Криптовалюты]]

	Cryptocurrencies are value storage systems whose reliability and correctness are guaranteed by mathematical theorems, not by people. They are like banks, only without people.		Cryptocurrencies are value storage systems whose reliability and correctness are guaranteed by mathematical theorems, not by people. They are like banks, only without people.

Ralf: Machine translation of Russian page

2023-01-08T21:09:04Z

Machine translation of Russian page

New page

This is just a general concept. Read more in [[en:Cryptocurrency]]

Cryptocurrencies are value storage systems whose reliability and correctness are guaranteed by mathematical theorems, not by people. They are like banks, only without people.

Stablecoins are digital IOUs with a specific denomination, although they work on blockchains and are protected by cryptography, they are controlled by specific people and can block users. Therefore, they are actually banks, not cryptocurrencies.

{| class="wikitable"
|+ Comparison with traditional banks
|-
!style="text-align:left;"|
!style="text-align:left;"| Banks and stablecoins
!style="text-align:left;"| Decentralized cryptocurrencies
|-
!style="text-align:right;"| Jurisdiction
| Specific state or organization || Independent of states and people
|-
!style="text-align:right;"| Blocking transactions or access to funds
| {{No|align=left|At the request of the state or the bank}} || {{Yes|align=left|Not allowed<ref>But you can block a user's access to the blockchain.</ref>}}
|-
!style="text-align:right;"| The store writes off without your knowledge
| {{No|align=left|Maybe}} || {{Yes|align=left|Impossible}}
|-
!style="text-align:right;"| Possibility to receive funds in case of password loss
| {{Yes|align=left|On presentation of passport}} || {{No|align=left|No way}}
|-
!style="text-align:right;"| Rollback of erroneous or fraudulent transactions
| {{Yes|align=left|Yes}} || {{No|align=left|No}}
|}

<references/>

== Blockchain ==

Blockchain is a distributed storage of information about transactions and other information. Mathematics guarantees that data forgery in it is quite improbable (tampering and distorting data will require incomparably more effort than the possible benefit from forgery).

==Montelibero==

The main blockchain in which [[tokenomics]]] Montelibero is conducted is [[Stellar]]. In everyday life, we actively settle with [[EURMTL]] stablecoins.

[[Category:Tokenomics]]