Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
x13
on 18/06/2016, 13:47:14 UTC
Not only altcoins, all cryptocurrencies should learn about this. It could happen to Bitcoin, too, in any way. It even happend already back in 2010 when a hard fork was conducted because there was a bug resulting in unlimited Bitcoin creation.

I agree, if NEM takes off in Asia, it will spread global.

How cool will it be to go on ebay or amazon and use dragonfly instead of paypal?

You won't see DF as a payment gateway. The very basis of DF's business is to provide the platform for these providers to use. It may very well be FB or Amazon itself that will just use the solution directly. Blockchain is a disruptor and a disintermediating technology.

OK, interesting, i thought thats essentially what dragonfly pay was!!
Sounds like its alot bigger than that.
You will see more clarity very soon. Smiley

Great. Just please dont introduce smart contracts (DAO) Sad

With the recent Ethereum debacle, it is not fair to say smart contracts are deemed to fail . Each blockchain projects have its own codes and security features. Now smart contracts are being integrated to blockchain platforms because it attracts investors or users. Most often than not softwares are being exploited if it does not routinely check its codes. This is the very reason why developers issue quick patches as they see the codes being used can be compromised.

Either way, all altcoins should learn from this.  ETH future is uncertain at this point.