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Showing 6 of 6 results by longshanks
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Topic
Board Altcoin Discussion
Blockchain for micro payments?
by
longshanks
on 12/05/2018, 08:34:52 UTC
First, thanks for the help on this great forum.

I have been looking at developing a micro payments solution and initially I was looking at Ethereum and a few alternatives like NEO which had potential but then after some research it may not suit my needs.

I understand that Satoshi coin is moving over to Iota blockchain / tangle. Does anyone else know of a a blockchain tech or solution that is suitable for micro payments with low cost transactions?

One issue I still am trying to resolve is - if you have a token based on Iota, Neo, Ethereum etc you would need a mechanism for a user to buy them. So would they first need to buy BTC or Ethereum with fiat money and then exchange BTC / Eth for your token? Isn't there a way for the user to buy your taken direct with fiat money or will this require too many regulatory hurdles?

I am based in the UK.
Post
Topic
Board Economics
Will Blockchain initial promise fade away?
by
longshanks
on 12/05/2018, 07:49:37 UTC
The Internet was seen as a great liberator when the small guy could compete against the big corporations. But fast forward 20 years have we lost the benefits of the net with the way it is now dominated by a few large companies? From being a liberator it has become controlling. Will we see the same happen for blockchain where initially we can see it as a great disruptor and disinter-mediator only to become something that over time becomes less free and more controlling?

Post
Topic
Board Altcoin Discussion
How do crypto coins on Ether / Neo work if you build an App?
by
longshanks
on 04/05/2018, 08:19:02 UTC
I may be getting confused but if you build an app using Ether or Neo or any other blockchain then you cannot issue coins? The purpose of coins is that they will be cheaper to use than normal banking system for transactions both in costs and speed?

Post
Topic
Board Altcoin Discussion
Re: Alternative to Ethereum? Or recommend me a blockchain with smart contracts
by
longshanks
on 02/05/2018, 13:25:19 UTC
Obviously I am a crypto currency newbie and I am looking for the right blockchain tech for a project. Now I have done some reading and what I am looking for is something like Ethereum.

1) Smart contracts
2) Low transaction fees
3) suited for micro transactions

What would be helpful if I can use Java as the programming language. Ethereum ticks point 1 but its transaction fees are too high. I am looking for really low fees as volume will be higher.



NEM (4000tps)
LISK
WAVES
NEO. (1000tps)
STELLAR
IOTA (one day). (14000tps)
OMG

Im not 100% sure the transactions per second for the ones I missed out but these all fit your criteria

Thanks for this list. Do you know of any that are in the pipeline so not yet officially available?

Post
Topic
Board Altcoin Discussion
Re: Alternative to Ethereum? Or recommend me a blockchain with smart contracts
by
longshanks
on 02/05/2018, 13:07:53 UTC
I am looking at setting up a project - something small - it will require small micro payments of less than $2-3. So high volume (hopefully) but very small amounts.

I looked at ethereum but the transaction fees and processing time would not make it viable. I have looked at NEO and it does seem to have potential as I am correct there are no transation fees?

But I assume if there are no fees processing times are slower than if you wanted to optionally pay a fee?

I looked into IOTA but after reading  $hitcoin dot com I was put off.

Post
Topic
Board Altcoin Discussion
Alternative to Ethereum? Or recommend me a blockchain with smart contracts
by
longshanks
on 02/05/2018, 10:29:38 UTC
Obviously I am a crypto currency newbie and I am looking for the right blockchain tech for a project. Now I have done some reading and what I am looking for is something like Ethereum.

1) Smart contracts
2) Low transaction fees
3) suited for micro transactions

What would be helpful if I can use Java as the programming language. Ethereum ticks point 1 but its transaction fees are too high. I am looking for really low fees as volume will be higher.