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Thokkalohdi
Hero Username: Thokkalohdi
Post Number: 14339 Registered: 01-2008 Posted From: 24.5.236.139
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, April 10, 2018 - 01:26 am: |
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Mental_sachinodu:The decentralized network is supposed to give a tamper proof system, a network of trusted systems that makes it unmanageable for people who want to tamper a particle of unit of the system.
aadu cheppedi adey... ee roju USDA sticker pedthunnav physical world lo. So you "trust" walmart or amazon that they are delivering the sticker without fail tricking you. Say if USDA was holding the node and issues 1000 usda barcodes for company A which did organic farming but only produced 100 mangoes. Then bought 900 mangoes from company B at cheaper price and put usda organic barcodes... then it doesnt really matter right? If you used blockchain or existing ERP. End of day consumer will get a forfeited mango which is not organic... |
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Xxx
Hero Username: Xxx
Post Number: 15676 Registered: 04-2009 Posted From: 24.74.65.205
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 09:38 pm: |
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Awesomedber:.Evarina kotha friend ki bank transfer cheyyali antey.. minimum 4 days padtadi
depends you can transfer with phone no in secs - |
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Gotcha
Megastar Username: Gotcha
Post Number: 29230 Registered: 02-2008 Posted From: 73.45.2.79
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 09:25 pm: |
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Nepatriot:
awesome ga undi AD but bit lengthy ... |
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Rediff
Junior Artist Username: Rediff
Post Number: 971 Registered: 12-2006 Posted From: 204.64.147.235
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:47 pm: |
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Leader: use paypal
even better zelle .. instant transfer most of the time between many associated banks |
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Leader
Side Hero Username: Leader
Post Number: 2199 Registered: 12-2012 Posted From: 131.107.147.57
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:22 pm: |
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Awesomedber:$150 pampistey $4.65 charge chesaadu
if you send it from your bank account then it's free. I think you send from PayPal credit. I usually using Paypal instead of checks or online transfer. |
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Awesomedber
Side Hero Username: Awesomedber
Post Number: 2982 Registered: 04-2015 Posted From: 131.107.160.13
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:17 pm: |
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Awesomedber:$150 pampistey $4.65 charge chesaadu
Sorry.. Just realised that I used Debit card |
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Awesomedber
Side Hero Username: Awesomedber
Post Number: 2981 Registered: 04-2015 Posted From: 131.107.160.13
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:16 pm: |
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Leader:use paypal
$150 pampistey $4.65 charge chesaadu  |
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Biggboss
Side Hero Username: Biggboss
Post Number: 3473 Registered: 08-2017 Posted From: 45.62.177.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:06 pm: |
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Awesomedber:ee US banks endo artham kaadu.. India any bank to anybank..with seconds lo vellipotaayi.. and Kotha account add chesukunna 30 mins lo pampinchochu..
Read this engineering article on how ACH works..pretty much one day turn around time untundi ACH transfers ki https://engineering.gusto.com/how-ach-works-a-developer-pers pective-part-1/ |
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Leader
Side Hero Username: Leader
Post Number: 2198 Registered: 12-2012 Posted From: 131.107.147.57
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:05 pm: |
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Awesomedber:India lo alavaatu ayyaka. ikkadiki vachaa.. Idedo BC kaalam system laaga anipistundi ikkadaa..Evarina kotha friend ki bank transfer cheyyali antey.. minimum 4 days padtadi
use paypal |
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Awesomedber
Side Hero Username: Awesomedber
Post Number: 2980 Registered: 04-2015 Posted From: 131.107.160.13
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 03:03 pm: |
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Pavala:a simple inter-bank transfer has a lot of steps for it to finally settle.. if you read about it.. you can find out..then comes transfers between a bank account in one country to another..there is nothing regulatory about it..
ee US banks endo artham kaadu.. India any bank to anybank..with seconds lo vellipotaayi.. and Kotha account add chesukunna 30 mins lo pampinchochu.. India lo alavaatu ayyaka. ikkadiki vachaa.. Idedo BC kaalam system laaga anipistundi ikkadaa..Evarina kotha friend ki bank transfer cheyyali antey.. minimum 4 days padtadi |
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Pavala
Megastar Username: Pavala
Post Number: 28957 Registered: 02-2008 Posted From: 2.104.12.50
Rating:  Votes: 1 (Vote!) | | Posted on Monday, April 09, 2018 - 03:00 pm: |
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Platy annai ante maa Vizag ni Block chain capital of India annaav ee madhya...ante naakesinatte na? Mahesh performance lo 10% kooda Chiru cheyyaledu.... - New_user Spyder - Critically acclaimed disaster - New_user |
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Nepatriot
Comedian Username: Nepatriot
Post Number: 1338 Registered: 11-2013 Posted From: 147.85.186.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 02:51 pm: |
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Bharat:
Not true.. a simple inter-bank transfer has a lot of steps for it to finally settle.. if you read about it.. you can find out..then comes transfers between a bank account in one country to another..there is nothing regulatory about it.. |
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Chesapeake
Junior Artist Username: Chesapeake
Post Number: 470 Registered: 11-2017 Posted From: 162.95.216.225
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 02:15 pm: |
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Not only that #Facebook will be gone..uSER HAS control on his data. Facebook is big cheat. moment you talk to some body on phone,they appear on freind suggestions in fb. |
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Bharat
Side Hero Username: Bharat
Post Number: 5696 Registered: 06-2015 Posted From: 149.168.240.7
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 02:15 pm: |
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Nepatriot:2-3 days ACH settlement cant be compared
ACH and other types of bank transfers are slow not because of technology. There are regulatory issues, competing bank strategies etc. Most importantly banks make money on this floating transaction money. Some countries are implementing faster ACH transfers. |
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Nepatriot
Comedian Username: Nepatriot
Post Number: 1337 Registered: 11-2013 Posted From: 147.85.186.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:59 pm: |
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1 sec settlement (what blockchain will be able to do in very near future) vs 2-3 days ACH settlement cant be compared... If banks come up with a stable coin and link to USD.. ACH will be gone..just 1 purpose of blockchain.. |
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Mental_sachinodu
Megastar Username: Mental_sachinodu
Post Number: 21547 Registered: 10-2008 Posted From: 50.241.19.41
Rating:  Votes: 1 (Vote!) | | Posted on Monday, April 09, 2018 - 01:52 pm: |
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Thokkalohdi:For example the organic mangoes can't become "organic" because someone put a blockchains bar code. You still need USDA to certify the seller. But then source farmer might not be techie enough to do data entry for every mango he produces. So instead of relying on his data entry, he will inevitably transfer that work to a middleman. And we end up in same situation as before. So no benefit of implementing block chain.
I am not sure if you analogy is right. A mango does not become a mango because some middle man said its a mango to begin with. its chemical composition is what makes it a mango. Now imagine a robotic facility where a particular farmer drives his truch and dumps his produce, the robotic facility is a node in the blockchain that tracks the mangoes, the robotic facility can sort and test the produce, discard suspicioues ones are deliver it to tote, that the farmer can pick up back, but labels the one that pasts its tests. the labeleled "mangoes" then become part of the network. ofcourse, this is just my vision on how this system would evolve if at all it stays relevant. |
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Nepatriot
Comedian Username: Nepatriot
Post Number: 1336 Registered: 11-2013 Posted From: 107.77.106.88
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:49 pm: |
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Great ad by Aragon on power of Decentralized economy. https://t.co/PbBLErqgr1?ssr=true |
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Mental_sachinodu
Megastar Username: Mental_sachinodu
Post Number: 21546 Registered: 10-2008 Posted From: 50.241.19.41
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:47 pm: |
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Thokkalohdi:Gist of article: Block chain is supposed to remove the midddleman and regulatory bodies. End of the day you still need them. So you are not really solving any problem and you are implementing a dectralized b.s..
i think this is a misconception with most folks. Blockchain was going to never take out middlemen or regulator bodies, they would always exist if there is need be, but provides an automated way of handling them. that is interaction between the cunsomer and the regulators will happen off-handed without the involvement of a "manual" process of data entry. the regulators will be on of the "node" in the"decentralized network". The decentralized network is supposed to give a tamper proof system, a network of trusted systems that makes it unmanageable for people who want to tamper a particle of unit of the system. Current blockchain implementations are computationally heavy, and that is their main disadvantage rather than anything else. and coming to cryptocurrencies - the current "non-state" or "non-owner" based crytpo-currencies are uses less. anybody who understands currency in a economy is valued will stay the same. there will be some big players in the game, but their vision is long term. |
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Biggboss
Side Hero Username: Biggboss
Post Number: 3472 Registered: 08-2017 Posted From: 45.62.177.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:41 pm: |
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Thokkalohdi:But then source farmer might not be techie enough to do data entry for every mango he produces.
this part was confusing to me, walmart gave up on logistics projects because it was too hard to get the data entry done, how is this resolved by moving to blockchain? someone has to manually enter this data right? |
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Thokkalohdi
Hero Username: Thokkalohdi
Post Number: 14337 Registered: 01-2008 Posted From: 166.216.157.116
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:37 pm: |
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Gist of article: Block chain is supposed to remove the midddleman and regulatory bodies. End of the day you still need them. So you are not really solving any problem and you are implementing a dectralized b.s.. |
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Thokkalohdi
Hero Username: Thokkalohdi
Post Number: 14336 Registered: 01-2008 Posted From: 166.216.157.116
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:30 pm: |
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Good read. So basically cryptos vachinanatha matrana you can't blindly trust the trustless. For example the organic mangoes can't become "organic" because someone put a blockchains bar code. You still need USDA to certify the seller. But then source farmer might not be techie enough to do data entry for every mango he produces. So instead of relying on his data entry, he will inevitably transfer that work to a middleman. And we end up in same situation as before. So no benefit of implementing block chain. |
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Masularex
Side Hero Username: Masularex
Post Number: 7572 Registered: 05-2010 Posted From: 27.63.25.232
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:24 pm: |
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enduko thelidu kaani blockchain basic premise vinagaane not usable not relevant to the present times anipinchindi... |
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Bushu
Hero Username: Bushu
Post Number: 14577 Registered: 04-2009 Posted From: 50.252.202.131
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:12 pm: |
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Platypus:
antha ledhle. complete gaa decentralize avadhu gaani there are some apps where things are better with a decentralized approach. knowing the core tech will be helpful always. This is too early to write it off like this guy is doing. |
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Chesapeake
Junior Artist Username: Chesapeake
Post Number: 466 Registered: 11-2017 Posted From: 162.95.216.225
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:11 pm: |
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edi chadivi tarinchandi https://ethereumworldnews.com/first-it-was-george-soros-now- the-rockafellers-want-in-on-crypto/ |
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Jambalahaart_raja
Side Hero Username: Jambalahaart_raja
Post Number: 8649 Registered: 07-2008 Posted From: 24.46.111.147
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 01:10 pm: |
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Chesapeake:soros and rockeffellers multi billionaires getting into cyptos. cryptos are the future.
 "Chill Bro. I told you to let it go!!" - The Budhha. |
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Platypus
Side Hero Username: Platypus
Post Number: 8459 Registered: 01-2008 Posted From: 167.220.197.152
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 12:46 pm: |
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Chesapeake:eyana edo pedda pista laga blockchain gurinchi thread eyyatam andaru bhaya padi povaatam apu ehey edava sodhi nuvvunu.
 This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. |
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Chesapeake
Junior Artist Username: Chesapeake
Post Number: 464 Registered: 11-2017 Posted From: 162.95.216.225
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 12:04 pm: |
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eyana edo pedda pista laga blockchain gurinchi thread eyyatam andaru bhaya padi povaatam apu ehey edava sodhi nuvvunu. soros and rockeffellers multi billionaires getting into cyptos. cryptos are the future. |
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Biggboss
Side Hero Username: Biggboss
Post Number: 3467 Registered: 08-2017 Posted From: 208.54.5.216
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 11:40 am: |
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Platypus:
Mama financial capital future enti? |
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Andhrawala
Legend Username: Andhrawala
Post Number: 67446 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 11:29 am: |
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Blockchain is not only crappy technology but a bad vision for the future. Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong direction. This December I wrote a widely-circulated article on the inapplicability of blockchain to any actual problem. People objected mostly not to the technology argument, but rather hoped that decentralization could produce integrity. Let’s start with this: Venmo is a free service to transfer dollars, and bitcoin transfers are not free. Yet after I wrote an article last December saying bitcoin had no use, someone responded that Venmo and Paypal are raking in consumers’ money and people should switch to bitcoin. What a surreal contrast between blockchain’s non-usefulness/non-adoption and the conviction of its believers! It’s so entirely evident that this person didn’t become a bitcoin enthusiast because they were looking for a convenient, free way to transfer money from one person to another and discovered bitcoin. In fact, I would assert that there is no single person in existence who had a problem they wanted to solve, discovered that an available blockchain solution was the best way to solve it, and therefore became a blockchain enthusiast. No Signature |
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Platypus
Side Hero Username: Platypus
Post Number: 8456 Registered: 01-2008 Posted From: 167.220.197.152
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 10:35 am: |
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Yehe... link meeda click kotti first two paragraphs chadavandi. https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise- is-actually-a-medieval-hellhole-c1ca122efdec This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. |
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Botsa_fan
Side Hero Username: Botsa_fan
Post Number: 8672 Registered: 07-2013 Posted From: 4.14.11.202
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 10:23 am: |
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anai ippudey blockchain meeda concentrate chesthanna..Vaddu antey data sode ey vubta. Fan of Prabhas,Jr.NTR and SDT |
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Boeing747
Side Hero Username: Boeing747
Post Number: 3131 Registered: 04-2016 Posted From: 172.58.21.222
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 10:04 am: |
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Matter 2 lines lo seppandi plz |
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Avrajesh
Side Hero Username: Avrajesh
Post Number: 7269 Registered: 01-2013 Posted From: 222.164.162.231
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 09:13 am: |
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Yemantunnadu ... summay pettandi |
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Platypus
Side Hero Username: Platypus
Post Number: 8449 Registered: 01-2008 Posted From: 167.220.197.152
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, April 09, 2018 - 08:43 am: |
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Bad career move anukuntaa naaku. https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise- is-actually-a-medieval-hellhole-c1ca122efdec This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. |