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Showing 3 of 3 results by steener83
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Board Announcements (Altcoins)
Re: [ANN]🚀🚀Merit🚀🚀[Proof-of-Growth][PoW]Vaults][Aliases][Escrow][No ICO]
by
steener83
on 05/09/2018, 13:34:53 UTC
The Escrow Links seem like a really good idea.  (This is what is called MeritMoney on the website, yes?  Or is that something different.)

Can I ask how those are implemented?  How do you keep an on-blockchain escrow secure from prying hands?

Yes. The MeritMoney link will hold the MRT and the Invite in escrow until it is claimed. It can be canceled if never used or accidently sent etc...

When it comes to how, I'll have to let someone more technical chime in 👍. I can say , it works very well so far!

Yeah, I'd love to see someone on the Core team answer this question too.  To be honest, this seems like it could be the most "killer feature" of this currency.

I see how the growth-mining thing can get people excited.  I'm not the biggest fan of this because I am not very comfortable sharing things with my friends. 

But, I think that the idea of sending crypto like Paypal/Venmo/AliPay seems very interesting.  This feels like a big feature, but it's not clear to me how it's implemented and how decentralized it is.
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Board Altcoin Discussion
Re: I currently have 5 ETH. I should buy an ICO
by
steener83
on 05/09/2018, 13:20:08 UTC
I agree with others - if 5ETH is your total "crypto basket," then I would definitely not put it all into ICOs unless you have the majority of your wealth in other, much more secure assets.  This is what Nassim Nicholas Taleb calls the Barbell Strategy --> https://fourweekmba.com/barbell-strategy-taleb/

Honestly, if it were me, I would skip any ICOs and look for an already-live project that is being used today.

The ICO market is weakening, so I think you'd be safer with an actual livenet coin.
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Board Auctions
Re: * Legendary * Account. 1Y+ staked addr, Orig. email, Priv key
by
steener83
on 01/09/2018, 01:00:07 UTC
The price is too high for this -- but I'd be willing to buy it if the price comes down.