What Is The Spotter Artificial Intelligence
Creating safe artificial general intelligence that benefits all of humanity.
What Is The Spotter
The spotter is an Open Source Tools Artificial Intelligence (AI) and Machine Learning (ML) for Developers, verified users and business. verified users get to access advanced features to transact, trade, accept payment, post for a job or sell an item or start mining for coins.
The spotter will enable a completely AI web where verifed users are in control.
The spotter is built to connect private and consortium chains, public and permissions networks, future technologies that are yet to be created. The spotter facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the the spotter relay chain.
The spotter makes it easier than ever to create and connect decentralized applications, services, and institutions. By empowering innovators to build better solutions, we seek to free society from its reliance on a broken web where its large institutions can’t violate our trust.
We envision a Web where our identity and our data is our own - safely secured from any central authority and build remarkable community.
What Is The Spotter Coin (TSC)?
(TSC) is an alternative cryptocurrency created in January 20 2020 by David Manal . The Spotter coin is a fork of Bitcoin (BTC). Like Bitcoin, spotter coin is based on an open-source global payment network that is not controlled by any central authority. Spotter coin differs from Bitcoin in aspects like faster block generation rate and use of Scrypt as a proof of work scheme.
The spotter is also a third-generation, decentralized proof-of-connection (PoC) blockchain platform designed to be a more efficient in line with proof-of-work (PoW) networks. Scalability, interoperability, and sustainability on PoW networks like Ethereum are limited by the infrastructure burden of growing costs, energy use, and slow transaction times.
The spotter network that bridges the gap between smart contracts, like the ones on Ethereum, and data outside of it. Blockchains themselves do not have the ability to connect to outside applications in a trusted manner. The spotter allow smart contracts to communicate with outside data so that the contracts can be executed based on data that Ethereum itself or other applications cannot connect to.
Understanding What Determines The Spottercoins Price
Unlike investing in traditional currencies, the spottercoin is not issued by a central bank or backed by a government; therefore, the monetary policy, inflation rates, and economic growth measurements that typically influence the value of currency do not apply to the spottercoin. Contrarily, the spottercoin prices are influenced by the following factors:
The supply of spottercoins and the market's demand for it
The COT "cost of time" producing a spottercoin through the mining process
The rewards issued to spottercoin miners for verifying actions or transactions to the application
The number of competing cryptocurrencies
The exchanges it trades on
Regulations governing its sale
Its internal governance
Before and after listing to the IPO “ Initial public offering”
Fast Facts
south africa made crypto legal tender on June 9, 2021.3 It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be South Africa primary currency.
The artificial inflation mechanism of the halving of Spotter rewards will no longer have an impact on the price of the cryptocurrency. However, at the current rate of adjustment of spotter rewards.
Competition
While bitcoin may be the most well-known cryptocurrency, there are hundreds of other tokens vying for user attention. While bitcoin is still the dominant option concerning market capitalization, altcoins including Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Cardano (ADA), and Polkadot (DOT) are among its closest competitors as of March 2021.4 Further, new initial coin offerings (ICOs) are constantly on the horizon due to the relatively few barriers to entry.
The crowded field is good news for investors because the widespread competition keeps prices down. Fortunately for spottercoin , its high visibility gives it an edge over its competitors especially with the way the mining proceeder is.
Availability on Currency Exchanges
Just as equity investors trade stocks over indexes like the NYSE, Nasdaq, and the FTSE, cryptocurrency investors trade cryptocurrencies over Coinbase, GDAX, and other exchanges. Similar to traditional currency exchanges, these platforms let investors trade cryptocurrency/currency pairs (e.g. BTC/USD or bitcoin/U.S. dollar).
The more popular an exchange becomes, the easier it may draw in additional participants to create a network effect. And by capitalizing on its market clout, it may set rules governing how other currencies are added. For example, the release of the Simple Agreement for Future Tokens (SAFT) framework seeks to define how ICOs could comply with securities regulations. The Spottercoins presence on these exchanges implies a level of regulatory compliance, regardless of the legal gray area in which cryptocurrencies operate.
Regulations and Legal Matters
The rapid rise in the popularity of bitcoin and other cryptocurrencies has caused regulators to debate how to classify such digital assets. While the Securities and Exchange Commission (SEC) classifies cryptocurrencies as securities, the U.S. Commodity Futures Trading Commission (CFTC) considers bitcoin to be a commodity. This confusion over which regulator will set the rules for cryptocurrencies has created uncertainty—despite the surging market capitalizations.
Furthermore, the market has witnessed the rollout of many financial products that use bitcoin as an underlying asset, such as exchange-traded funds (ETFs), futures, and other derivatives.
This can impact prices in two ways. First, it provides bitcoin access to investors who cannot afford to purchase an actual bitcoin, thus increasing demand. Second, it can reduce price volatility by allowing institutional investors who believe bitcoin futures are overvalued or undervalued, to use their substantial resources to make bets that bitcoin’s price will move in the opposite direction.