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Showing 20 of 95 results by okiefromokc
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Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 16/02/2018, 01:45:44 UTC

And i am not certain that you can invest in radix. You can buy the native stable coin, but why would you buy something that is not going to appreciate in value (1 token is approximately 1 usd)?

Radix when launched will have its own integrated Decentralized EXchange (DEX). So you will be able to purchase as many Radix Tokens at $1 each as you want, using any of several top CMC coins or a select few of the fiat currencies. Granted the Radix native token is designed to be relatively stable, but you can earn additional tokens in 3 ways.  The new supply is split 50/50 between account hodlers and nodes providing various services to the main Radix network. The 3rd way is you also earn fees for doing work with your nodes.  So as you can see there are incentives to both hodl and run service nodes.
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Board Altcoin Discussion
Re: Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...)
by
okiefromokc
on 15/02/2018, 20:45:21 UTC
On the Radix testing, one of the 10 nodes is a 5 year old AMD quad core with a 5400 rpm plater drive and it is the one that the explorer site is displaying.
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Board Altcoin Discussion
Re: Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...)
by
okiefromokc
on 15/02/2018, 20:37:20 UTC
So, it is now mid Feb of 2018, Radix has been running various soak and stress tests at explorer.radixdlt.com.  A few days ago they did 1 billion transaction in 2 days, today another soak test is running for 1 day 10.5 hours and completed 926 million transactions. Which would put that at 926M / 34.6/3600 or  7434tx/sec.

This is what scaling is all about...  Cool
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Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 28/10/2017, 18:23:17 UTC
The native Debit-Card is truly what separates Radix from all other known crypto currency tokens...  Cool
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Board Altcoin Discussion
Re: BITCOIN CASH is probably DYING
by
okiefromokc
on 08/10/2017, 20:16:58 UTC
Going out on a limb... Roll Eyes

Bitmain is the primary force behind Bitcoin Cash, and this is because their ASICBOOST technology that gives them a 30% cost savings on power usage.  The ASICBOOST tech does not work with SegWit1 or 2 and their major advantage will be lost.  This is all known and factual evidence presented.  

But here is the twist on my limb, the Chinese government is looking to get a handle on the cryptocurrency rage occurring in China.  The people of China love bitcoin as a store of value, etc.  If bitcoin Cash can hang on thru these multiple HF's and demonstrate that BCH is viable and via the 8mb blocksize is centralized and thus controlled by the Bitmain ASICBOOST, then why not endorse BCH as the national China cryptocurrency.  China is in to government control of the economy and money supply, with their own bitcoin cash that they can easily control, this would be a step into the crypto future for them.

Just some thoughts running thru my mind...  Grin

okie
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Board Altcoin Discussion
Re: Bitcoin Cash is the future IMO
by
okiefromokc
on 01/10/2017, 16:05:05 UTC
Here is the real reason why BitMain promoted the Hard Fork that created BCH, instead of doing a safer Soft Fork to accommodate SegWit2.  The ASICBoost miner software would no longer work.  Thus the 30% savings ($100 million) annually would be lost, and AntMiner would be on a level playing field once again.  Bottom line PURE GREED!!! see the link below.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f
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Board Altcoin Discussion
Re: SEC has charged two initial coin offerings with defrauding investors 9-30-2017
by
okiefromokc
on 30/09/2017, 19:13:26 UTC
Well, I would rephrase that to be "All crypto's that do not have a product, besides just a Whitepaper, will be watched/banned/regulated in the USA."
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Board Altcoin Discussion
Re: Radix - Tempo Whitepaper
by
okiefromokc
on 29/09/2017, 04:04:00 UTC
Just for clarity's sake, Atoms/Events are only associated to a Temporal Proof provisioning verification. The Atom that is being verified is sent to each of the successive Temporal Proof (TP) nodes to regenerate the TP.  I had to reread these sections of the Whitepaper several times, before all of this sunk in and I got my arms around it all.

okie
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Board Altcoin Discussion
Re: Radix - Tempo Whitepaper
by
okiefromokc
on 26/09/2017, 15:18:31 UTC
This is the post I have been waiting on for about 4 years.  Grin

I also agree with smaragda, that the economics WP is the one that I have been chomping at the bit for, for a long time, and have had to rein myself in several times over the years.

Again Fuserleer Congratulations!
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Board Altcoin Discussion
Re: Which payment card solutions do you invest in?
by
okiefromokc
on 12/09/2017, 23:57:14 UTC
Here is one that I have not seen mentioned,  RADIX.  This currency is the only one that I know of that do not have a 3rd party clearing such as VISA or MC in the mix.  RADIX debit cards will go directly from the point of sale terminal (POS) to your personal RADIX wallet.dat ... just thought I would mention this as it is scheduled to launch later this year.
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Board Announcements (Altcoins)
Re: [ANN] KingN Coin ★ Rare ★ Fair ★ Unique ★ SCRYPT/POS ★ Bounties! [KNC]
by
okiefromokc
on 02/07/2017, 02:18:25 UTC
Well I have managed to get 1+ KNC so far on YoBit and still chugging away... This is the first purchase on YoBit that I intend to HODL  Grin

edit: in for 2+ KNC @ 0.0137 ... actually pretty cheap me thinks...  Roll Eyes
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Board Altcoin Discussion
Re: IF ethereum dies...
by
okiefromokc
on 27/06/2017, 00:41:23 UTC
ETH has some major issues to resolve, if it can... scalability being the primary of both BTC and ETH.  The next is ETH  blockchain bloat in a little over 1 year it is already almost the same size as BTC if not even bigger, and BTC has been running since what 2009 or 8 years.  How big will ETH database be in 8 years from now.... if ETH has scalability issues already...  Huh

BTC is the store of wealth (gold) and I do not see ETH as a currency (silver) or for that matter any of the other 800+ altcoins that have been created.  Until Joe and Jan Public can use the altcoins/cryptocurrency directly from there leather wallets with plastic debit cards you will not see mass adoption by the general public.  Thus the altcoin currency (silver) is yet to be determined.

Yes, direct access to the currency wallet from a point of sale terminal debit card is in the wings... called RadixDLT (Distributed Ledger Technology). It will be the silver to the bitcoin gold.
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Board Altcoin Discussion
Re: How would you rank the best Dev Team's in cryptocurrency?
by
okiefromokc
on 14/06/2017, 23:06:06 UTC
Let me add the Radix project to the list, and Fuserleer as he is the primary developer ...
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Board Altcoin Discussion
Re: June and July ICO worth investing
by
okiefromokc
on 14/06/2017, 18:36:35 UTC
Have not seen Radix mentioned yet. This imho is the real game changer with an up coming ico in June or July. It will be doing an open beta within the next 60 days or so, depending on the patents clearing the filing notices.

When I say game changer what other coins have a direct debit card to the client wallet.dat file?  That says Joe and Jane Public will be able to use at their local retailers in the near future or mass adoption.
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Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 12/06/2017, 22:38:53 UTC
To my knowledge there will be NO freezing of supply, however if there is no demand then correspondingly there will be NO new supply distributed.  But then again think about this, the only way to create different token assets is to burn the Radix tokens to create the new asset within the system network.  If there is a drop in the available supply do to asset creation then the system detects this and creates new supply to distribute to the HODL accounts.   Roll Eyes
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Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 11/06/2017, 02:53:59 UTC
With regards as to when the ICO occurs, here is an indicator, the Open Beta will occur before the ICO is announced.

This will give everyone who is looking for more information on what this is all about, a chance to actually run the client node and services to see how it functions.   Wink  Firstly, Radix is a Decentralized Ledger Technology, (Thus @RadixDLT twitter account), it does not have a block-chain, but is a pure transactional database.  So, because if has no block-chain this is completely new technology, written from scratch.  There are a couple of features that I know for sure are not in any other cryptocurrency, elastic Demand/Supply and the native Direct Debit cards.  These cards can be used with any point of sale terminal, without any need for a 3rd party clearing method such as VISA or Master-card.  And if you are the paranoid type, you can even purchase the equipment for under $100 and create your own debit cards from blank cards that meet certain specifications, that can be purchased off the Internet.  Cool
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Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 09/06/2017, 02:17:12 UTC
bahamapascal showed up in the Radix shoutbox a few weeks ago, and we chatted for a bit. I think he might of even participated in the last internal beta test when we did the initial testing of the FABRIC tech.
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Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 07/06/2017, 02:06:23 UTC
It will be interesting to see how much will be invested in the Radix ICO ... consider the following:
In 30 seconds BAT raised $30 million, and all they had prior to the ICO was a whitepaper and some high level concept meta coding nothing else.

Radix on the other hand will have a full working Decentralized Web Client Nodes that anyone can run, and yes I even ran on the testnet with a Windows tablet.  In fact a tablet is what Fuserleer uses to demo the working Direct Debit to standard Point of Sale (PoS) terminal.  There are videos of this on the @radixdlt twitter account and the radix forum.

The Open Beta will allow you to play with the Radix Client node software and the client has a built in browser and turing complete javascript compatible programming language. It allows various levels of encryption, so that merchants can use Radix tokens in their business and accounting functions, and still be able to report their taxes on business sales and profits correctly with full disclosure to the government as necessary.

So, still just wondering about how big a truly new and vastly improved, VISA level scalable end product that is almost ready for launch will raise... and we will soon see.

okie
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Topic
Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
okiefromokc
on 05/06/2017, 01:22:17 UTC
The Radix token supply increases when there is unmet demand for them indicated from the integrated Radix exchange (DEX). The new supply is distributed 50% to those nodes that are supporting the Radix network in various ways via the services they run in their individual node.  The other 50% is distributed to the wallet balance holders in the form a interest payments.  By the way the wallets do not have to be online to have the interest allocated to the wallet address.  The interest just resides in the network as an unclaimed transaction until the wallet is online to receive the interest payments.
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Board Altcoin Discussion
Re: Which cryptocurrency is the fastest?
by
okiefromokc
on 05/06/2017, 00:28:09 UTC
Well, is 220milli-seconds fast enough for a confirmed transaction?
Radix does this, and its Open Beta and ICO will be scheduled in the next month or so.

The speed above was on a testnet spread out from Lithuanian to San Francisco and Vancouver Canada and South Africa, also South America.
And of course UK and Europe where Fuserleer lives. Also, these speeds are confirmed by a youtube video that was taken.

okie