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Does Aeternity can be the competitors to Ethereum?
and how about the creator Yanislav Malahov? he called himself "the father of Eth
I have been hearing about Virternity for sometime. Aeternity is new to me.
Thank you, will look into it. By the looks of it, looks a revolutionary change.
IMO decentralization comes with a lot of positives but its going to be challenge to set up one such system. One reason is that governments and authorities would not want to lose their control.
Secondly, who assures it actually is decentralized and not moderated? There would be some serious ethical implications, if not mitigated this system could be devastating and promote criminal agendas and activities.
Secondly, who assures it actually is decentralized and not moderated? There would be some serious ethical implications, if not mitigated this system could be devastating and promote criminal agendas and activities.
I don't think that at this point a reversal would be withing months. Crypto would have to be stable for months in my opinion for any meaningful upswing in prices. For now, I just think that support is lost and it'll take a decent amount of time until the market's sentiment is fixed. Rumor has it that many large investors are on limit calls to exit the market if it plunges even a little further. Something that'll be hard to recover from.
Valid points, I am scared of this too. Do you think if major investors pull out, that's it for crypto? I don't see how we can come out of this scam. BTC being the front runner, kept the hopes high. Altcoins were never really trusted over it anyways.
Re: Will the quest for a Virtual world help us improve the real world?
Technology always improves quality of life, despite the naysayers and "purists."
I'm a firm believer that our desires represent what we understand to be possible. Why else would nature allow them to come fruition? They would serve no purpose and everything in nature has a purpose. Thoughts are things too, they carry energy and everything that you take for granted on a daily basis once stemmed from a thought.
Virtual worlds are bound to come into existence, it's just a matter of combining and obviously updating all of the latest technology into one working entity-a virtual economy, virtual reality, augmented reality tech, AI, etc. I've read some things about virternity's strategy- https://hubpages.com/technology/Protocol-of-Universal-Virtual-Reality
They are bold and could be a game-changer if they're true to their word. They do have some competition though so we'll see.
I'm a firm believer that our desires represent what we understand to be possible. Why else would nature allow them to come fruition? They would serve no purpose and everything in nature has a purpose. Thoughts are things too, they carry energy and everything that you take for granted on a daily basis once stemmed from a thought.
Virtual worlds are bound to come into existence, it's just a matter of combining and obviously updating all of the latest technology into one working entity-a virtual economy, virtual reality, augmented reality tech, AI, etc. I've read some things about virternity's strategy- https://hubpages.com/technology/Protocol-of-Universal-Virtual-Reality
They are bold and could be a game-changer if they're true to their word. They do have some competition though so we'll see.
You say Virtual Worlds (as in plural), does this mean we will have multiple versions of virtual world? How having multiple virtual worlds help? Don't you think the vision must be to create just a single entity that lets everyone on board and live the dream life?
How will people from different Virtual Worlds connect, technically, they will be on different systems and networks?
Blockchain = overhyped buzzword making people not understand that well configured database systems can work just as efficiently.
Blockchain is a money cow, it's used as a smart marketing tool to raise capital startups and regular businesses otherwise wouldn't be able to raise. Ripple has been providing smart database solutions to financial institutions for a while now, and they can run their own token within that environment to move value from point A to point B.
Ripple CEO even said that blockchains aren't even useful or a better alternative, and when you know that this is factually correct, what more evidence is needed to show that corporate use of a blockchain is nothing more than hot air? They don't even want immutability.
The real innovation of the blockchain kicks in when you talk about decentralized (immutable) ledgers.
I agree to some extent, but without the possibility of blockchain how do you plan on setting up a decentralized system?
Blockchain comes into picture when you need a setup where the data is highly available but you are not the only one paying for it, where you would never want/need to modify data in the past and your data needs to be immutable and where you would want it to be publicly accessible. This is why crypto relies on blockchain.
But if you take only take record keeping (within your network) as aim, I agree its better to use any database and blokchain doesn't really fit into the picture.
It appears to be a buzzword that is mostly be associated with FOMO (fear of missing out) in most people's minds, when they don't entirely understand what it even means. They don't want to be known as someone who can't keep up with the times.
BUT, that doesn't mean we should be cynical and ignore projects that are solving legitimate problems when it comes to full acceptance of crypto payments and decentralization across industries. In my opinion, this requires a project to focus on not just integrating blockchain technology into supply chains, but allowing for a whole new economic infrastructure by actually recreating decentralized versions of the same services/methods of product distribution we currently use. In my opinion, this means the project has to be focused on creating a means of transacting without an exchange, as in a distributed exchange network. (The virternity ico is doing this). Also has to be very safe, impossible to hack and easy for anyone to use, not just a crypto geek.
BUT, that doesn't mean we should be cynical and ignore projects that are solving legitimate problems when it comes to full acceptance of crypto payments and decentralization across industries. In my opinion, this requires a project to focus on not just integrating blockchain technology into supply chains, but allowing for a whole new economic infrastructure by actually recreating decentralized versions of the same services/methods of product distribution we currently use. In my opinion, this means the project has to be focused on creating a means of transacting without an exchange, as in a distributed exchange network. (The virternity ico is doing this). Also has to be very safe, impossible to hack and easy for anyone to use, not just a crypto geek.
I read their distributed exchange is ESCROW based. I am still waiting to hear more on this project. One reason why, because, they look sorted with what they wish to achieve even if its a futuristic vision. Another reason is that they are updated with advancements and highlight it pretty well.
I hope this ICO removes the apprehension and deliver its promise.
Re: Will the quest for a Virtual world help us improve the real world?
Virtual reality is transforming its image from just a gaming technology and spreading to mainstream industries. Whether we will ever be able to achieve immortality, I am not technically sound to answer this, but it is believed to be possible.
But to create another world close to one we reside in physically wont be an easy task honestly. Whether it will help us improve the present one by identifying the loop holes, it depends on how honest we are while creating the new one.
But to create another world close to one we reside in physically wont be an easy task honestly. Whether it will help us improve the present one by identifying the loop holes, it depends on how honest we are while creating the new one.
Yes. I agree. We already know that social disparities and greed has had a negative impact on our society. I think technology will somehow resolve this issue. A VR world will not be same as the physical one. It will mostly be like an extension to what humans ever really cared for, with no space for greed or disparity.
Will the quest for a Virtual world help us improve the real world?
There's so much discussion going on around Virtual world and immortality, which made me think, what will the Virtual world be like?
I know there are those against the thought, who believe its not possible to achieve such a state. But I always believe that if human brain can think of it, it can very well make it possible. I mean who thought we will ever come up with something like virtual currency?
Its just a matter of time, science and capabilities of human brain are still not fully understood and as the book Virternity (https://www.amazon.com/Virternity-virtual-eternity-treatise-Project/dp/1521407460) suggests, virtual eternity will become a necessity and will no longer be just a tool to escape the real world.
Do you think (even if hypothetically), a virtual world will give us a chance to introspect and find the missing links of the real world? By setting up the rules for the new world, will we realize what we did wrong with the real world?
I know there are those against the thought, who believe its not possible to achieve such a state. But I always believe that if human brain can think of it, it can very well make it possible. I mean who thought we will ever come up with something like virtual currency?
Its just a matter of time, science and capabilities of human brain are still not fully understood and as the book Virternity (https://www.amazon.com/Virternity-virtual-eternity-treatise-Project/dp/1521407460) suggests, virtual eternity will become a necessity and will no longer be just a tool to escape the real world.
Do you think (even if hypothetically), a virtual world will give us a chance to introspect and find the missing links of the real world? By setting up the rules for the new world, will we realize what we did wrong with the real world?
Re: The Reality of a Virtual World is Closer Than We Think
Although the technology already exists according to the website, all may come to fruition decades from now. ☹ Quite unfortunate for us, huh? Well still be part of the journey though, Id like to believe. What excites you about being in a virtual world? The endless possibilities? The possibility of immortality?
It fascinates me. I mean immortality is great and all but a Virtual world gives you an opportunity to explore beyond your physical limitations. This in itself is intriguing.
What do you think, will virtual world be similar to real world? Or will we unlearn what we know and learn the ways of the new world?
One thing to notice here is that they haven't really launched the project yet, its mostly still just marketing. But apart from all that you have mentioned, one thing to notice would be their honest response. I mean there's no harm waiting for an official launch and maybe that would give more clarity whether the project is genuine.
It is a strategy for those that are not capable of doing a real investment analysis. If you are unknowledgeable and just want some general market exposure then investing in the top coins by market cap or even better a fund that tracks the top coins may be the best strategy. If however you have some skills and are able to determine what will separate the winners from the losers then investing in the smaller cap coins that are highly undervalued can offer significantly better returns.
I understand what you are suggesting but as a fresher in the market, the volatility is quite unnerving. Maybe with time I would be more confident and understand to analyze better but to at least start the investments, you think its always safe to invest in top ranked?
Re: The Reality of a Virtual World is Closer Than We Think
I am not sure if this would happen in my lifetime but I do hope it does. Even if its not a complete transformation and we just get to feel how it would be to live in a virtual world, I am up for it. Just imagining it so amazing.
Hi Everyone,
As advised I am trying to learn the basics of crypto first.
Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?
As advised I am trying to learn the basics of crypto first.
Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?
Welcome here!
The first reminder that you should do before investing is only invest what you afford to lose.
These words are easy to read and hear but its hard to apply, many are still failing on how much they are investing.
The first reminder that you should do before investing is only invest what you afford to lose.
These words are easy to read and hear but its hard to apply, many are still failing on how much they are investing.
What according to you is the appropriate amount to start with? I know its a lame question to ask but for starters just to get an idea.
Hello Everyone.
I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?
Please guide me regarding where to invest and how to go about it?
Thanks
I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?
Please guide me regarding where to invest and how to go about it?
Thanks