Search content
Sort by
Showing 9 of 9 results by eauajiaj
Wealthe distribution is very centralized in IOTA?
https://thetangle.org/statistics/tokens-distribution
https://thetangle.org/statistics/tokens-distribution
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
I agree that Chinese control ASIC mining. Maybe is next step to change the mining protocol from sha256 to some GPUs.
If Bitcoin or Cash wants to become number one crypto, it should support instant transactions.
Cash doesnt support instant transactions. With Bitcoin SegWit we get instant transactions and that all it counts.
If Bitcoin becomes global currency, even 8MB blocks will be much much smaller than needed, so whats the next step? 32MB, 64MB, 1GB blocks,...
@Aztek:
Sorry, but I think you don't understand technical aspect of Bitcoin protocol at all. For scaling Bitcoin transaction, mining bigger blocks is nonsense. Old Bitcoin supports 7trans/sec, Bitcoin cash supports 50 trans/sec, Visa can do 10.000 trans/sec. Who the king?
I thing the one who could handle more and make confiramtion quicker. Maybe SegWit is solution.
If Bitcoin or Cash wants to become number one crypto, it should support instant transactions.
Cash doesnt support instant transactions. With Bitcoin SegWit we get instant transactions and that all it counts.
If Bitcoin becomes global currency, even 8MB blocks will be much much smaller than needed, so whats the next step? 32MB, 64MB, 1GB blocks,...
@Aztek:
Sorry, but I think you don't understand technical aspect of Bitcoin protocol at all. For scaling Bitcoin transaction, mining bigger blocks is nonsense. Old Bitcoin supports 7trans/sec, Bitcoin cash supports 50 trans/sec, Visa can do 10.000 trans/sec. Who the king?
I thing the one who could handle more and make confiramtion quicker. Maybe SegWit is solution.
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
8MB blocksize is not innovation but centralization of miners and nodes. Bigger blockchain means bigger centralization. SegWit si better 2nd layer solution which will make blockchain smaller.
Chinese has kidnapped Bitcoin name and want to have bigger control over it. We in Western countries don't want centralization.
This pump and dump is happening because of Chinese miners and whales.
Chinese has kidnapped Bitcoin name and want to have bigger control over it. We in Western countries don't want centralization.
This pump and dump is happening because of Chinese miners and whales.
Let me ask you differently:
Why do you need new coin which has similar features as BTC or other altcoin. Do you think that trading can't be done through bitcoin/ethereum network?
Lazslo and pizza is something different. Lazslo paid pizza with first cryptocurrency Bitcoin which has today biggest security through mining and has marketcap over 40B and has millions of users? Bitcoin is cryptcuurrency, Ethereum is smart cotract coin,.... Why do you need new coin like suncontract coin? Whats the benefit of new coin? Speculation or else?
Don't misunderstand me... I support new project with viable solutions and I invest money in new technologies. I work in IT secotr for 20 years, 3 years in crypto. I only have a lot of questions that needs to be answered before investment.
Gregor: Thank you for the answer.
Why do you need new coin which has similar features as BTC or other altcoin. Do you think that trading can't be done through bitcoin/ethereum network?
Lazslo and pizza is something different. Lazslo paid pizza with first cryptocurrency Bitcoin which has today biggest security through mining and has marketcap over 40B and has millions of users? Bitcoin is cryptcuurrency, Ethereum is smart cotract coin,.... Why do you need new coin like suncontract coin? Whats the benefit of new coin? Speculation or else?
Don't misunderstand me... I support new project with viable solutions and I invest money in new technologies. I work in IT secotr for 20 years, 3 years in crypto. I only have a lot of questions that needs to be answered before investment.
Gregor: Thank you for the answer.
Your suncontract coin will be highly volatile and useless for the real contracts, because if you want to deal with middle or long term contracts you need very low volatility in currency.
Why don't you use good known cryptocurrency with low volatility like bitcoin, which will be perfect after SegWit implementation?
Why don't you use good known cryptocurrency with low volatility like bitcoin, which will be perfect after SegWit implementation?
Energy market will be centralized and governments will have hands over it. Saying you are building new solarpowered crypto is joke and scam. You can do all trading through tokens like ether or bitcoin or similar, so there is no need for suncontract coin.
From your whitepaper: "The idea is to join together electrical power producers and consumers and enable them to trade electricity through the Pool". For sure you can do it through simple website, but how can you transfer energy through internet. First of all someone has to pay infrastructure which is essential for energy transfer. Don't tell me that you will pay infrastructure with suncontact coins, because this will be near impossible and compare suncontract to bitcoin is joke. Your whitepaper says that you will cut the middle man, but hey fellows, in energy business the government is the middle man, so I think you can't erase is from equation.
from you whitepaper page 15: "A crucial aspect in developing a Suncontract Energy Pool is a mobile app ." NO guys, that for sure not crucial. The crucial thing is INFRASTRUCTURE FOR ENERGY TRANSFER, not you mobile app.
which a 20yeqar old guy can develop for thousand bucks.
I'm doing crypto for 3 years now and i like to invest in ICOs which are detailed explained in more then 20 more-free-space-than-words pages.
From your whitepaper: "The idea is to join together electrical power producers and consumers and enable them to trade electricity through the Pool". For sure you can do it through simple website, but how can you transfer energy through internet. First of all someone has to pay infrastructure which is essential for energy transfer. Don't tell me that you will pay infrastructure with suncontact coins, because this will be near impossible and compare suncontract to bitcoin is joke. Your whitepaper says that you will cut the middle man, but hey fellows, in energy business the government is the middle man, so I think you can't erase is from equation.
from you whitepaper page 15: "A crucial aspect in developing a Suncontract Energy Pool is a mobile app ." NO guys, that for sure not crucial. The crucial thing is INFRASTRUCTURE FOR ENERGY TRANSFER, not you mobile app.
which a 20yeqar old guy can develop for thousand bucks. I'm doing crypto for 3 years now and i like to invest in ICOs which are detailed explained in more then 20 more-free-space-than-words pages.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
...FEW VERY IMPORTANT QUESTIONS FOR INVESTORS.... 1 - where can I spent Dash, there is no mercants who accept it, only small hosting and vpn providers, almost nothing...
2 - Maternodes holds almost all coins in system and ownersof them get very big reward. That means money is centralized? 40% reward for nodes?
?!?!?!3 - Almost all coins are centralized in few tousand wallets... (https://bitinfocharts.com/top-100-richest-darkcoin-addresses.html) Bitcoin is mucgh more distributed (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)
DASH: 84% of coins(wealth) is in hands of les than 2,5% of addresses (maybe 1% of people holds all the DASH coins)
4 - Size of blockchain is small now, but soon it will scale to tens of gigabyts if Dash will go mainstream. How to resolve that issue? Dash block size is limited as Bitcoin.
I don't want to troll Dash, it looks promising, it has instant payment which is great, BTC doesnt have it. I like masternode, but I'm worried that price is manipulated, because there is almost no market to buy things and services, money is centralized in 4600 nodes. Thats the same shit that happened to Bitcoin few years back when price skyrocket from 100 to 1000+ and then to 150 in a month but there was no economy in bitcoin.