Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NOTE]DNotes - Updated! - Mandatory Update by 6/1/2014
by
RJF
on 22/10/2014, 20:28:48 UTC

What are the pros and cons of DNotes being included in a project such as Blocknet?

At this point, it is a little early to be conclusive since a lot of things are rather fluid. The industry has certainly started the consolidation phase. There are certainly advantages to join force with the right industry peers, at least in certainly areas, but there also significant risk of being associated with the wrong players and not able to get along. This industry has a higher tendency to be involved in a lot more unproductive conducts than I have ever witnessed in my long business career.

DNotes strategic path is to build a solid track record the first year and be a lot more aggressive with our growth path starting the second year. New technologies always evolve and get better over time. Apple Newton has taken over twenty years to be the smart phone as we know it today. I have been down that route. No matter how exciting the first generation of a new technology or concept may come across to be, there are always rooms for improvements. Let's say I will be keeping a very close watch on Blocknet and keep our options open. Please share your comments.


I like the path DNotes has chosen, steady, sustainable, and prepared to abide by the law. DNotes has a longer, and cleaner track record than any of the coins participating in Blocknet. We also have a very intelligent, mature community. It would be a shame to attract people who demand instant gratification, and take it out on the coin when they don't receive it.

The Blocknet IPO sounds interesting, but I will not be participating, as there is no cap to the amount of shares they can issue during the IPO. I may invest a very small amount in the future, depending mainly on price and total supply.

I agree 100% with this. DNotes will be successful by "staying the course" not forging into unknown areas and relationships. I'm afraid most of the coins joining SuperNet and BlockNet are doing so out of the mistaken belief that their value will skyrocket but, I don't see this happening. Some early adopters might profit but, in the long run, most will end up where they are already with no great gain to show for the effort.

Slow and steady wins the race...