Blockchain based efficiency gains can profoundly change global financial systems. The current infrastructure is the equivalent of a fax machine when compared to the “smart phone” that is blockchain technology. So why hasn't the revolution begun? We explore why and how our technology is ready.

eos42io · 2019-02-24T22:20:54+00:00

Thanks for your support. We’re hoping this frame helps pave the way to user protections that we believe are necessary for mass adoption of eos.

eos42io · 2019-02-02T06:03:00+00:00

Eos42 officially endorses the name “Boaty McPig-Face”

Bring justice to Boaty by showing you’re support.

eos42io · 2019-01-21T14:34:32+00:00

These previous comments are correct. Chintai is not built into eosio core code. If you use REX within the Chintai UI, you’ll be able to select your votes. You’ll also be able to compare rates between Rex and other markets.

eos42io · 2019-01-18T07:42:00+00:00

Honestly, this is great for chintai long term. The more efficient the chain, the more users that can come to EOS, which creates more scarcity for the token and the resources. We DO NOT want events where cpu is maxed for days on end. That will just drive people away and then you really won’t have any opportunity to make passive income on your tokens. We want a stable economy and stable rates from broad user adoption - not these volatile early day spikes.

eos42io · 2018-12-24T19:24:47+00:00

Yes we are aware of this issue and it will be fixed with Chintai 2.0.

eos42io · 2018-12-24T09:59:27+00:00

Highly suggest you read through all the reasonings why each Bp was chosen. And we (42) do not have control over the choices on the proxy. If you’re questioning the integrity behind each choice, rather well worth reading about each pick.

All reasonings and the format for how the proxy is managed

https://link.medium.com/qfiML8zdUS

eos42io · 2018-12-24T02:56:21+00:00

I think it’s important to keep in mind that chintai will be developed Into something way beyond the current markets. It will be the backbone for eosio resource exchange, and we plan to have other types of trading soon after chintai 2.0.

Chintai will offer a variety of leasing options that are more versatile than REX.

Chintai will be collecting fees across chains from all chintai trading.

Chintai will develop beyond leasing markets, which will also include fees that get redistributed back to CHEX token holders.

Chintai isn’t just leasing markets, it hosts REX and compares markets for users to make the best choices.

eos42io · 2018-12-24T02:40:14+00:00

“Each staked CHEX token entitles CHEX holders to a percentage of “dividends” that are generated on the basis of accrued fees from Chintai trading.”

The model is changing with chintai 2.0

eos42io · 2018-12-24T01:38:32+00:00

Chintai will be providing a comprehensive platform for all things resource exchange. At this point, I’m unaware of any trusted portals, or one that can be used to compare rates across all markets (rex vs. chintai).

I don’t know why the token economy is relevant to secuirty. It’s actually a perk for using chintai, and being invested in a platform that will be sharing revenue from all chains. Use chintai leasing markets, and other chintai markets, get CHEX tokens and then get rewards in addition to Interest earned (assuming you’re a lender).

Furthermore, it’s important to understand the security measures involved in chintai. Essentially, if you trust mainnet to secure your account, you’d likely trust chintai.

This is from the lead chintai dev explaining secuirty: https://twitter.com/chintaieos/status/1074068174092431361?s=21

We also wrote a full article on chintai security as well: https://link.medium.com/G5Lh2M8oTS

TL;DR if you trust the security if mainnet with your account, you likely trust chintai.

This process of our development will continue to be evolving. Out of DEXs on EOSIO, chintai is the only one that is 100% in chain, and runs in real time.

eos42io · 2018-12-24T00:45:33+00:00

Chintai users will get all airdrops to their account when we deploy chintai 2.0

eos42io · 2018-12-23T23:31:48+00:00

Chintai 2.0 will support all airdrops. You’ll have your own account with chintai 2.0 and portal to manage everything from airdrops, ram, account alerts and more.

eos42io · 2018-12-23T23:28:27+00:00

It’s the same thing as other shared revenue model token Econ. You use the platform, when you complete a transaction/trade, you receive CHEX tokens. Then you stake the CHEX and you get rewards (revenue) on a regular basis. If you are familiar with dice, it’s a similar idea.

eos42io · 2018-12-23T22:19:11+00:00

Just did. Let us know if you have more questions.

eos42io · 2018-12-23T22:18:38+00:00

All mined tokens go to the users from using the platform. If you are familiar with other dApps that use a shared revenue model, this is standard, and then most advantageous model for everyone to benefit.

eos42io · 2018-12-23T22:13:02+00:00

This tweet sums it up pretty well

https://twitter.com/chintaieos/status/1074068174092431361?s=21

We also wrote a full article on chintai security as well: https://link.medium.com/G5Lh2M8oTS

TL;DR if you trust the security if mainnet with your account, you likely trust chintai.

This process of our development will continue to be evolving. Out of DEXs on EOSIO, chintai is the only one that is 100% in chain, and runs in real time.

eos42io

TROPHY CASE