Some modern blockchains don't use the classic merkle tree or use something like DAG.

I was given a YellowPaper of a really exiting project for review (I am under NDA, so I can't tell the name now).
I loved everything but the absence of merkle tree rised questions.

Instead of the merkle tree they link new transaction to last transaction to adress and block number where it happened.
So they are kind of a hybrid between DAG and classic blockchain.
They justify it by dramatically increased speed of confirmation and transaction amounts per second.
All transaction history can be still retrieved from decentralized network storage and checked.

Do you think such proof of funds is valid?

Any thoughts or at least votes?

Some modern blockchains don't use the classic merkle tree or use something like DAG.

I was given a YellowPaper of a really exiting project for review (I am under NDA, so I can't tell the name now).
I loved everything but the absence of merkle tree rised questions.

Instead of the merkle tree they link new transaction to last transaction to adress and block number where it happened.
So they are kind of a hybrid between DAG and classic blockchain.
They justify it by dramatically increased speed of confirmation and transaction amounts per second.
All transaction history can be still retrieved from decentralized network storage and checked.

Do you think such proof of funds is valid?
 

Sure, PM me your ETH wallet.

Great ICO.
Just like mine )

First I will make the ad-campaign for the FERR token right.
I think it deserves it )

Oh no, I didn't abandon the project!
I was working hard to get the Jr. Member title and update this topic with great shiny pics which I am going to do now ))

And I am not greedy about the bounty and will send the bounty tokens to everybody who joins the bounty campaign )

More great news soon )

Each big project needs such a topic )

Here is a pure scam-ICO )
http://ferrari-ico.io/bp/?bpid=hp&id=20
https://bitcointalk.org/index.php?topic=2023069.0

The use of BC won't make it a great game.

1. Concentrate on making a small great gameplay that will be core of the game. Make no quests or anything. Just the pure gameplay.
2. Try to advertise it to get free registrations and understand the cost of it.
3. Add payments for something premium to understand if people are willing to pay for your gameplay.

Making a successful game is about getting registrations cheaper then you earn from them within 1 year.
Games don't market  themselves on a pure idea now.

If you want to crowdfund it - you need a great name between gamers and awesome marketing skills.

Great ICO! Just like mine )

Unfortunately marketing is often more important then the project itself now.

I think he needs a standart ICO token for his project.

You have to manually add a token to see it in the wallet in contracts.

Join some bounty campaigns - they can pay you pretty well and give you more capital to trade with.

Mars and back

SEC issued a good document stating that they have limited power to control ICOs so use them at your own risk.
They clearly stated they will try to go after fraud ICO's but stated they can't guarantee any results.

An ICO is profitable in short-term when the hype about it is bigger then the hard-cap.
Mid/long term it's fully project specific like in classical venture investing.

I don't think they will go after investors now, but they surely will catch a couple of dev's to show an example.

As the time goes a website won't be enough to run a successful ICO.
A working prototype with a proven business model will be a must.