Making my opinion about Synereo known. Please debate me in those threads, not here in my thread. Thanks.
Never heard of this coin but I'm still 99% sure it's just another shitcoin.
Agreed. You'll find links to my analysis in the
other Synereo thread.
Why Just 99% sure? Why aren't you 100% sure?
I am not even 100% sure I will live until tomorrow.
Seriously I know software development. I know how to detect which projects are capable. Synereo doesn't have the chops. I listened to their Hangouts and I studied the technology. I am quite confident this is just a scheme to sell a token to fund the math delusions of Greg Meredith.
I already explained they the economics they are proposing for a business model make no sense.
Sorry because I know readers do want to see a real decentralized alternative for social networking. And that is what I am working on. So yes my comments are biased. Synereo and my project are competitors. The difference is I did not launch a token before making the social network popular. I don't put the scam horse before the development cart.
Synereo is a vaporware P&D so keep that in mind
Synereo's beta will be released in a few weeks.
Just like Ethereum releases up to now, it will be software that doesn't work for anything real or meaningfully adoptable.
They are having fun inventing code that has no use case, because (as I had already explained) they don't even have the correct formulation of a use case economics and business model.
I will suggest you refer to my project's crowdfund to read the details on what I think a real business and ecosystem model is for this type of project.
I am less respectful than I would be, because they presold the AMP tokens. Thus for me it is scam just like Ethereum. That is my opinion. I don't hate them though. Afaik, they have not been egregiously deceptive, i.e. not like Dash.
Well, that's your opinion and you are entitled to it, but I don't agree with it. There are quite a few people who also don't agree with it. Imo, Synereo is a thousand times better than the centralized alternatives like Facebook and Twitter, and Synereo's business model makes much more sense than theirs. I respect your intelligence, but you aren't the only "genius level" person on this forum.
Thanks. I will quote from my other reply to you and leave it at that. Good luck to them. May the best competitor win.
[...]
I will suggest you refer to my project's crowdfund to read the details on what I think a real business and ecosystem model is for this type of project.
I am less respectful than I would be, because they presold the AMP tokens. Thus for me it is scam just like Ethereum. That is my opinion. I don't hate them though. Afaik, they have not been egregiously deceptive, i.e. not like Dash.
Oh and yes, Greg is smart. And probably (almost certaintly) smarter than me at math.
This is the issue we are facing here with every coin, including Bitcoin. there probability of being used by a broad population is very low, but as bitcoin showed and still showing, as times passe the latter probability increase.
Don't forget that we are speaking about a disruptive innovation here, that is better in all ways that what we currently use.
Bitcoin started with a niche use case.
Synereo will go no where without one. Ditto every other altcoin.
hence all the "it's not money, it's something else"/Blockchain as a Service-coins popping up, like ETH, Lisk, Waves and so on. I'm curious to see where this is going.
Yeah but those niches need to actually work technically and exist. We've done a thorough job of destructing ETH in the Ethereum Paradox thread. I did an initial analysis of Synereo's niche and afaics is based on flawed concepts such as the value of paying social network users to share which I think is entirely undesired and uneconomic for the same reason that ads have a reputation of being mostly spam (linked upthread).
I don't know enough about Lisk and Waves to comment meaningfully on them.
Well, if you take it all together, you can see that something is cooking...
r0ach, smooth, I, and some others think the only killer app of blockchains is probably currency because of the self-referential requirement of what a block chain can reach consensus on securely. Thus technically we think all the other crap won't work, unless it is using a centralized block chain and then what is the point of that?
Bitcoin locked up large $ transfers. Monero has locked up anonymity. I am going after micro-transactions.