Post
Topic
Board Announcements (Altcoins)
Re: [SDC] Shadow | 1st OS Stealth Address | iOS+Android Staking | PoS-SPV | HTML5
by
LongAndShort
on 18/10/2014, 09:06:34 UTC
Blocknet may not be the be all and end all to cryptos issues and certainly is not the be all to its ultimate future and success. It is an idea not yet implemented, one that needs to prove its worth before elite tech joins in!

If this was about money purely then we would all be for the blocknet because apparently its going to solve all crypto economy issues! There is nothing stopping Shadow from joining in the blocknet later but in my opinion its wise for the core team to just focus entirely on their own project and hammer out its core foundations..

I also, personally think that Shadow has the potential to solve all of this within one network! An that is something you will have to kick back, relax and soak in! Its not fair what some of you are saying..fact is the dev team and project need to focus on their project and the blocknet is just another distraction that can be persured later on if need be. But again i think all this can be solved within Shadows network, it certainly has the potential to hold its own and certainly the plans and tech ideas for teh future that will completly change the way you think, see and interact with the Internet and online currency!!

The decision is wise in my opinion because Shadow is about to launch some extremely useful projects and needs all the team and its supporters energy focused on that. It certainly does not need anymore distractions and because it is able to enter blocknet at anytime it is not a loss or damage to anyone..It is just a very wise choice.

I advice some of you to accept it without dragging my name through the gutter again and again..some of the things some of you put my name to are just bonkers and you should really re-read what you are even insuating!!!!.

Please do read the stats.   How do you plan to expand the # of people that will actually use/accept Shadow coins?   How can SDC possibly become a currency with only 300 or so people??!?

The problem with SDC at its core is that the coin distribution is really skewed to the people that mined it at the beginning.   You can totally tell from the rich list.

http://sdc.blockexplorer.cc/richlist/index.php?min=0

Look at these stats:

Only 381 addresses with at least 10 SDC
Only 290 addresses with at least 100 SDC (~$7 USD)
Only 215 addresses with at least 500 SDC (~$35 USD)
Only 177 addresses with at least 1000 SDC (~$70 USD)
Only 101 addresses with at least 5000 SDC
Only 33 addresses with at least 50000 SDC
Only 18 addresses with at least 100000 SDC

The whole SDC basically is owned by under 350 people (some wallets for sure have more than 1 addresses).   (Not to mention that pookielax and mr.boh have a huge portion of SDC waiting to dump on our ass.)

That can only mean that this coin is not distributed evenly and in the long term, the coin will not survived if we don't expand the number of people that owns SDC.   

I really need to reconsider my position in SDC after this debacle....

They all start with one person! and have done, please i don't see your point of argument other then to state something that can be said about any coin including bitcoin! You have a point i just don't see how it is applicable to just this project in light of the topic here which is the blocknet! And for the a line points to you being sour about something that really has nothing to do with how many people hold or wont hold it in the future!

Let's not even talk about Blocknet.   At this point, that's water under the bridge.   What's next?   How can we distribute the coins to more than 200-300 at most.   Right now, there's only around 150 with more than $100 invested in SDC....   What do we do to distribute to more people since we are way pass mining phase now.   No significant new coins are being created to be spread to more people....

Most of its founders seem to be invested in its future knowing full well its tech and ability to change the way we think about this industry and interact with it. So until Shadow (and ill remind you its only a few months old)..until it makes a more robust core to then build upon. It is being modest and the market cap and amount of people invested and looking at it reflect that..

That will ultimately change when people/founders are comfortable at a price they wish to sell their holdings for. I cant speak for them but you cant just shuv a coin down peoples throat with bs marketing and graphics and expect it to be a project of integrity and worth; just to solve the distribution issue.. Shadows primary function is not really to be a currency to be honest and i think its foundations being built and its current tech are proving as such. If you just look a little deeper and away from bittrex charts. Its more complicated and has far more substance. Some of the tech that is in it and will be in it; will literally change the Internet and the way we interact with it; if you allow it to..

Its currency aspect will ultimately motivate people to look while its primary function is to be a showcase of that cutting edge cryptography tech which will and is useful and will further be relevant as time rolls on.. This also motivated by money, i,e its ability to reward contribution to its network of featurs held within its code. It will ultimately encourage more growth within its network of talented devs/supporters building on it (apps, Internet games, business systems ect ect) thus making it more exposed and attractive to not only crypto enthusiast but the world.

Simply put, the tech within it will be monetised at some point and people can and will need it to use its features..that is something that is a long way down the track and comes with mass mainstream adoption but right now the important thing is to focus on its core and hammer that out in my opinion..its amazing tech and people will come, thats a given but it must remain focused and its trying to do that!

I really encourage you to take a look at it and its community..no one has been trying to shuv it down anyones throat yet...Its like the ball effect when you hold it under water..once you let it go you know its going to explode to the surface to be exposed to the world  and it will make a spalsh right?!!  Wink

You say join Xbridge, I say Join Shadow