JJ Halldorsson

Artist, Musician, Author and entrepreneur

#nft, #NFTCommunity #nftcollector, #nftart, #NFTartist, #Cryptoart

Owner/Founder/CEO of JJHalldorsson publishing LTD

[Virtua-Cash @Virtua_Cash]

Rather than using an online blockchain network which in practice always becomes a centralized concept, Virtua-cash will instead utilize localized blockchains and hybrid encryption, borrowing from the block matrix concept I previously developed through the Thetis project.

[Virtua-Cash @Virtua_Cash]

What is Virtua-Cash?

The general idea is to create a networkless, offline cryptocurrency with fungible exchange capability, mirroring tangible cash but through a virtualization of the concept, utilizing device-to-device transmission and transactions.

[Virtua-Cash @Virtua_Cash]

The Transaction and Transmission System: Slide seven of presentation.

[Virtua-Cash @Virtua_Cash]

Steganographic Image File Storage System: Slide six of presentation.

[Virtua-Cash @Virtua_Cash]

Virtua-Cash Project overview: Slide one from presentation

[Virtua-Cash @Virtua_Cash]

Virtua-Cash will be revolutionary and change everything about the digital currency space. Instead of CBDC (Central Bank Digital Currency), Support me in creating the first DDC (Decentralized Digital Currency), a new category entirely in the space

[Virtua-Cash @Virtua_Cash]

You can view the project outline presentation video here:

https://t.co/HWte7OcgQ9

[JJ Halldorsson @HalldorssonJj]

@nicksortor @camhigby You're on camera attempting to run people over

[BuyMyCanada @buymycanada]

BuyMyCanada was created as a call for unity in the face of Trumps tariff war on Canada as a platform for Canadian small businesses and service providers in order to buy and sell products and services country wide.

Check out the website here:
https://t.co/RtesJY5jrs

[BuyMyCanada @buymycanada]

Today I am launching https://t.co/RtesJY5jrs, a great tool for Canadian businesses and creators to buy and sell products and services Canada wide.

#buycanada #Canada #Website #tarrifs #canadapride

[MarvelStats @MarvelStat]

Team predictability:

Using this information a rough % win rate can be predicted for a team composition, take the Pr for the heroes on any team, add up the Pr and divide it by 6.

By doing so, the % likelihood of a win can be found by comparing predicted win rates between teams

[MarvelStats @MarvelStat]

Tierlist made on Jan.24th 2025 based on the equation

Win rate (W) x Pick Rate (P) = Percentage likelihood of a win with that character on your team. Using currently known ranked statistics.

S : >20%
A+ : 10-20%
A- : 7-10%
B : 5-7%
C : 2-5%
D : <2%

[MarvelStats @MarvelStat]

CAVEAT: Some characters, like Storm, Wolverine and Hulk have very high ban rates in ranked, thusly they may perform higher that their Win x Pick rate (Pr) statistic may illustrate. However, we can only go by play volume, if the character is played less often, they win less often

[MarvelStats @MarvelStat]

Full data table after calculation

[Thetis BlockMatrix @ThetisProject]

https://t.co/hoiFJRERsI

A shorter Dev log video on the implementation of the create account and login workflow within the Thetis Block Matrix account manager client side application.

#AppDevelopment #Crypto #blockchain #BlockchainInnovation #BlockchainTechnology #blockmatrix

[Thetis BlockMatrix @ThetisProject]

https://t.co/FNDDPsuXmn

Thetis Block matrix dev log/ update:
I've put a lot of work into the project recently, in this video I demonstrate the user friendly UI application and go into some of the specifics of the back end network, how encrypted blockchain assets such as the wallet objects themselves operate, the introduction of Hybrid encryption for data block transfers and transactions on the network as well as demonstrating the interactions between individual blockchains and how these blockchains add and verify incoming and outgoing data blocks.

A lot to go over and this video barely scratches the surface of the over 15,000 lines of code in the current build, but if you are interested in learning more or have any questions about the long term plans for this project, or any specifics on the current functionality and implementation, feel free to ask.

#Blockchain #BlockchainInnovation #CryptoRevolution #Technology #BlockchainTech #Innovation #Software #softwareengineer #blockmatrix

[JJ Halldorsson @HalldorssonJj]

@Insectsvip Same with me I asked you one question about DEX because the team assured us that DEX was lined up for launch, I wasn't "Fudding" just wondering if this was still the plan and I got blocked when I had thousands of dollars in the project. What good would it do me to FUD? Like think

[Thetis BlockMatrix @ThetisProject]

The Thetis Blockmatrix project introduces several new and innovative features and functionality to the world of cryptocurrency and blockchain technology. The aim of the project has been to be simply superior in every way to existing legacy blockchains.

Superior Cryptography
Superior Economically
Superior Technologically

Imagine a Blockchain ecosystem with no need for gas fees or mining large transactions, that uses minimal energy and is still secure, that's the Thetis Blockmatrix project. Because every account has it's own blockchain, there is no need for mining massive transactions. Each block is a single transaction or action that is self validated before being sent to the receiving nodes, whom subsequently also self validate transaction data.

The first production level Blockmatrix, the first Blockchain implementation to use Hybrid encryption (AES and RSA), to encrypt transaction blocks and wallet data leading to the highest possible level of information and financial security. The first cryptocurrency to use a hashing algorithm to protect token data and the first to trade with a self contained holdings account to ensure 100% liquidity using a proprietary elastic token standard to generate and destroy tokens upon transaction with the protocol's holdings account, no need for centralized exchanges or brokerage.

In every single way, the project pushes the boundaries of what is possible technologically and financially in the world of cryptocurrency and blockchain technology.

[Thetis BlockMatrix @ThetisProject]

Today was a pivotal moment in the development of the Thetis Blockmatrix project, the first transaction of ETS test tokens between nodes on the network was sent and received successfully! In the coming week I will make a dev log on the progress of the GUI application and the underlying backend functionality I have worked tirelessly for several months to achieve. Project is nowhere near done, but at this point the testnet is functioning in a limited capacity which is super exciting.

#BlockchainInnovation #BlockchainTechnology #BlockchainTech #blockmatrix #Thetis #tokens #newtoken #CryptoCommunity

[Thetis BlockMatrix @ThetisProject]

I had to revise the concept of the ETS (Elastic Token Standard) because I realized that while the original concept would protect against a financial loss in the bear market by averaging the losses over a diversified set of currencies, in a bull market it would create a scenario where if the market went up hundreds of percent in a short amount of time, then the token price would not be able to be rationalized by the token holdings account and the idea of a 100% liquid cryptocurrency would then be moot.

So instead I have revised the equation to instead rebase the token price of off the total balance of the holdings account without an outside inference from the top 10 tokens of the market, in this way it creates a feedback loop that is always rationalized by the total balance of the holdings account, which allows the token to always be 100% liquid.
Here is how the code for the token calculation now operates

accountBalance = accountBalance + transactionAmount;
tokenPrice = (accountBalance) / 10000;
generatedTokens = transactionAmount / tokenPrice;

An explanation of the above code is as follows:

The account balance is amended when a purchase is made by the purchase amount, if there is $100 in the account and I purchase $5 of the token, the new account balance (accountBalance Variable) is now equal to $105 after my purchase

The token price is then rationalized by taking the updated balance of the holdings account, now $105 and dividing that price by 10000. Why 10000? Because the assumption is made that the minimum account liquidity at any time will be $10000, but in our example it started at $100 for simplicity.

The token price after this purchase is then 105/10000 = 0.0105 or more succinctly, 1 cent and 5/100ths of a cent.

At this point, tokens will be generated at this time to rationalize that value, since the purchase was $5 and the token price is $0.0105, to rationalize this value 476.19047619 tokens must be generated, which means the balance of the purchasing account would be 476.19 ETS, at this time equivalent to $5.

So in this way you have a self balancing token that is always based on being 100% liquid for US dollars, while still allowing for growth of the token, if someone came along and purchases $10000 worth of tokens at this price of 0.0105, that would increase the price of my tokens significantly.

In such I have created a truly 100% liquid digital asset, which is revolutionary in the crypto space because most cryptocurrencies are only 7-10% liquid and are reliant on brokers to trade for stockpiles of cash on central exchanges.

The total 2.3 Trillion dollar crypto market is only about 7% liquid, if everyone wanted to pull out all their cash at once, only 7% of that could actually be liquidated meaning 93% of people wouldn't get any of their money, in traditional banking and finance we'd call that an insolvent asset.