Decentralized, Distributed and Centralized Blockchain Dilemma.
Crypto related hypothesis...I feel like there's gon be a world crypto market crash soon ...Crypto market cap is around $3trillion and majority of it is boosted by Bitcoin and Ethereum ...we checked on Ethereum Blockchain which wallets hold most of the ether and it is wallets under ethereum foundation - vitalik buterin and co owners of the network. As much as ele a centralized network it is not distributed at all meaning over 70% of Ether is owned by Ethereum people ( founders ) which could mean one entity for all we know and they have lent it to retail and industrial investors ...they don't actually hold their value it is locked up in smart contracts that can be hacked and milked dry by hackers ...it happened before and it shall happen again at a large scale. When the network was hacked and people ignored it ...it was a test to see if people believe in this revolutionary, paradigm shifting project to an extent that they can just ignore the hacks and focus on making the blockchain better by improving it thus eliminating any possible doubt.
NFTS, DEFI (stablecoins - tether, usdc, dai, usdt, lending, staking, mining, ads, fan tokens, asset tokenization - real estate, banking services, land and business smart contracts ) and Other Tokens are developed on Ether network and this is still centralization which poses an enticing chance for hackers to wipe out the world crypto economy in seconds ...so likewise with Bitcoin ...we don't know who made it but most of it is in FBI and unknown wallets called whales who are anonymous but some are public and known to be under certain influential government related entities and centralized exchanges like Binance, Coinbase, Gemini etc...
Banks started hating Bitcoin, all of the sudden they are buying it in bulk and accepting just like that it will totally kick out their beloved fiat currencies, well obviously not without pulling up with a convincing stunt. Elon Musk is suspected to be a front puppet to accumulate more Bitcoin which hence he has previously dictated Bitcoin price movement with a mere Tweet he makes high on psychotropics. He has a puppet features because is suspected to have he known nothing that little boy; about anything related software development but all of a sudden he talks paypal, tesla, spacex, neuralink etc and so happens to own hella lotta Bitcoin which he can dump and crash the price for people to keep buying it and keep being lured by the Bitcoin halving price increase manipulation afer every 4 years thus attracting more investors. I feel like there's a smokescreen with these cryptocurrencies (ethereum killers and co) to an extent that they will hold all world economy and once the crush has been executed after a careful orchestration, they will make the people poor like hell thus vulnerable to any form of manipulation and hypnosis by the banks thus people will conform to one controlled centralized crypto world run by psychopaths. So we thought that developing Merafocoins has to be smarter than this bullsheet of cryptos that are decentralized by media hype but not actually decentralized in architecture but strategically centralized. So if we gon develop Merafocoins in the same manner and style these pioneer cryptos are built with, we will eat the dust like the rest.
The recent developments in quantum computing have shown that breaking the encryption of modern blockchain networks cryptography is possible and these quantum computers are developed by the banks scientists thus now the banks, I believe have enough computer infrastructure and power to hack the blockchain cryptography of any crytocurrency through quantum computing but obviously they will not disclose this matter to the public.
The way we want to develop our network blockchain has to be superior and smarter than these ones by being distributed not decentralized as we have stipulated with various scenarios that decentralization is actually what the world thought democracy wouldn't be. We will develop our native programming language based on OOP model and smart contracts development comparability which will be used to build the network blockchain. After we pull off the language, we will develop the Merafcoins Project Blockchain Network with that language. Set up servers in the country and SADC countries which will be top secret to avoid future hacks and racketeering by malicious actors.
Then, all Ethereum network services will be offered on the blockchain which will have a native stable token which will act as fuel or gas for transactions to happen at low costs and high speeds. It will be interoperable with existing blockchains such as Ether and Bitcoin but it will be independent and unique from it counterparts in the consensus algorithm. This idea was formulated after a thorough research by Merafocoins Project financial experts, token economists and developers. We hope this thought is taken into consideration and modified to make it more formidable and deadly as it is a project of lifetime this one unlike the counterparts. We no longer push it to make personal profits but we want future generations to enjoy it's benefits thus taking this high risk route to finally end the saga.
Tlokotsi Potloane
trnchmnngrg@gmail.com
Founder and Managing Director
Codeburst PTY LTD
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