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Alt Coin Thread (Vertcoin, OMG, CVC, PAY etc).

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Comments

  • Registered Users, Registered Users 2 Posts: 4,666 ✭✭✭makeorbrake


    Someone's talking about 'distributed' databases on a centralised system.


  • Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    Someone's talking about 'distributed' databases on a centralised system.

    And? Most of the crypto coins people invested in are completely centralised. They take the one innovative feature of blockchain and centralise it anyway. This includes the slow moving car crash that is IOTA.


  • Moderators, Society & Culture Moderators Posts: 15,867 Mod ✭✭✭✭smacl


    Someone's talking about 'distributed' databases on a centralised system.

    Yep, big distributed databases on the cloud, developed, promoted and controlled by those renting cloud space, as opposed to decentralised distributed systems using redundant local storage on a massive peer network. The big difference between blockchain and distributed DBMS is that blockchain uses decentralised control to implement a trustless system. Distributed DBMS doesn't achieve this, at best it is a substitute for private blockchain which has the same underlying issue.


  • Moderators, Society & Culture Moderators Posts: 15,867 Mod ✭✭✭✭smacl


    And? Most of the crypto coins people invested in are completely centralised. They take the one innovative feature of blockchain and centralise it anyway. This includes the slow moving car crash that is IOTA.

    To say that IOTA is completely centralised is misleading, it features an initially centralised coordinator, to be replaced in the short term by a distributed coordinator followed by full P2P / decentralisation once the number of transactions per second passes a given threshold. It certainly isn't there yet, but I'd be hopeful it will be in the medium to long term. In many ways it doesn't really matter, in that if its is not IOTA or a heavily sharded version of ETH it will whichever system that comes after them. In my opinion the technical problems are not intractable and the value proposition of trustless decentralised P2P systems has already been established, so blockchain is here to stay. It won't be proof of work, for all the obvious reasons, so the 'morally repugnant' line is starting to sound like stale soap-boxing.


  • Registered Users, Registered Users 2 Posts: 4,666 ✭✭✭makeorbrake


    More disingenuous argument. Centralised databases are already being used and there's nothing wrong with them. However, decentralised databases serve a different role and solve a different problem. To suggest that blockchain has nothing to offer on this basis is farcical.


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  • Registered Users, Registered Users 2 Posts: 18,695 ✭✭✭✭Dohnjoe


    More disingenuous argument. Centralised databases are already being used and there's nothing wrong with them. However, decentralised databases serve a different role and solve a different problem. To suggest that blockchain has nothing to offer on this basis is farcical.

    Yup we already use a decentralised platform for a particular task in work, the whole point is to produce a tamper-proof immutable record - blockchain powered, rolled out a few months ago, hundreds are already using it on a daily basis, it's pretty cool


  • Banned (with Prison Access) Posts: 158 ✭✭joombo


    In the next few years altcoins will fill the gap that bitcoin lacks. I'm interested in buying tokens right now. I found info at http://mobilego-token.com about MobileGo token recently and I think it could be a great investment for the future. This crypto can be earned while playing games and spent to purchase new games, items or other content. So convy. Besides, the dynamics of this token price is rising now.


  • Registered Users, Registered Users 2 Posts: 6,422 ✭✭✭Doodee


    joombo wrote: »
    In the next few years altcoins will fill the gap that bitcoin lacks. I'm interested in buying tokens right now. I found info at http://mobilego-token.com about MobileGo token recently and I think it could be a great investment for the future. This crypto can be earned while playing games and spent to purchase new games, items or other content. So convy. Besides, the dynamics of this token price is rising now.

    Sounds just like Kin


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    Paragon got some pump if only we had a few grand invested in it!


  • Registered Users, Registered Users 2 Posts: 18,695 ✭✭✭✭Dohnjoe


    Truckermal wrote: »
    Paragon got some pump if only we had a few grand invested in it!

    It was supply locked (deposits weren't accepted) on the exchange. Therefore it's "value" went berserk as traders tried to out-speculate each other with the limited supply of (dead?) coin on that exchange

    Have seen this happen with several exploited coins previously


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  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Dohnjoe wrote: »
    It was supply locked (deposits weren't accepted) on the exchange. Therefore it's "value" went berserk as traders tried to out-speculate each other with the limited supply of (dead?) coin on that exchange

    Have seen this happen with several exploited coins previously

    All-in on random shítcoin.


  • Registered Users, Registered Users 2 Posts: 833 ✭✭✭Tango One


    Ravencoin is on another major pump. Is it real I don't know could be worth a look.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Tango One wrote: »
    Ravencoin is on another major pump. Is it real I don't know could be worth a look.

    Long term I reckon it's a good hold, they've got a good plan with NFT-style contracts/property ownership, tons of money to push the product and a fervent owner who's already behind one of my favourite online shops - it's not happening in production in any big way this early but it'll be one of the main uses of blockchain in future, whether on ETH or RVN or Dfinity, whatever. I'd suspect ETH will dominate that for a while. Been mining RVN nearly since it started and trading with consistent success this past year. Impossible to call any top but you can see liquidity is low because it's gone past ATH on lower volume. Sold @ average $0.05 yesterday (had a wall spread around there), will scale in and buy back from $0.03-$0.02 depending on how BNB does with the ETH ratio.

    Wouldn't call any pump in this market "real" tbh, but as long as people keep walking into my sells and throwing bags at my buys that's fine. Maybe it'll hit $0.10 sooner than I think and I'm screwed on the retrace down but each pump has been growing more ETH for me. Maybe they abandon ship tomorrow and I'm left with many shíttokens. I've probably sold it too early again, just like a few months back. GAH! Anyway, I wouldn't buy near $0.06 unless you wanted a long wait and the high possibility of that money halving within a month.


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    https://medium.com/kinblog/kin-foundation-launches-the-25b-kin-gaming-challenge-exclusive-to-unity-developers-57a7dfff6d6d

    This partnership was announced last year but this is the first bit of development.


  • Registered Users, Registered Users 2 Posts: 3 fishboot


    Censorship is going to be a big issue in the coming years, we have the EU Article 13 and such which will block content, we have left leaning web companies such as Twitter and Facebook who are dropping the ban hammer, Google is altering searches to hide content it deem not “liberal”.
    As we all know when something gos to a extreme in one direction, it will swing back the other way eventually, this swing back is currently in the making, might be months or even a year off, but we all know its coming.
    Enter Zilliqa.
    Can be bought now for $0.0155 down from a ATH of $0.23
    It has recently launched with Unstoppable Domains a web domain service on the blockchain, Unstoppable Domains works globally to bring a service that registers domains on the blockchain, as opposed to using a domain name service (DNS).

    The kicker is these web domains cannot be blocked, and as a lovely bonus they have announced that once you purchase your web domain, it is yours forever, ZERO renewal fees!

    Zil token has its own Mainnet, it is a rival to ETH, but Zil has bested ETH to the punch and has a working product that uses Sharding.

    The recent announced a collaboration with PepsiCo (Revenue 64.66 billion USD) which made there supply chain 28% more efficient, a gain of 2-3% would be seen as a huge improvement, so do you think this has opened the eyes of others?
    .
    Zil is working with one of the largest Advertising companies on earth, Mindshare (Revenue: 34.5 billion USD) to solve the issue of false internet ad views.

    I have given you a few examples of how this might be huge, now do yourself a favour and search who works for or advises Zilliqa, Evan Chang, Ilya Sergey……..

    Get yourself 2,000 of them for €30 as suicide insurance, as you will be devastated if this does moon in the coming year now that you know about it.


  • Registered Users, Registered Users 2 Posts: 5,779 ✭✭✭el diablo


    fishboot wrote: »
    Censorship is going to be a big issue in the coming years, we have the EU Article 13 and such which will block content, we have left leaning web companies such as Twitter and Facebook who are dropping the ban hammer, Google is altering searches to hide content it deem not “liberal”.
    As we all know when something gos to a extreme in one direction, it will swing back the other way eventually, this swing back is currently in the making, might be months or even a year off, but we all know its coming.
    Enter Zilliqa.
    Can be bought now for $0.0155 down from a ATH of $0.23
    It has recently launched with Unstoppable Domains a web domain service on the blockchain, Unstoppable Domains works globally to bring a service that registers domains on the blockchain, as opposed to using a domain name service (DNS).

    The kicker is these web domains cannot be blocked, and as a lovely bonus they have announced that once you purchase your web domain, it is yours forever, ZERO renewal fees!

    Zil token has its own Mainnet, it is a rival to ETH, but Zil has bested ETH to the punch and has a working product that uses Sharding.

    The recent announced a collaboration with PepsiCo (Revenue 64.66 billion USD) which made there supply chain 28% more efficient, a gain of 2-3% would be seen as a huge improvement, so do you think this has opened the eyes of others?
    .
    Zil is working with one of the largest Advertising companies on earth, Mindshare (Revenue: 34.5 billion USD) to solve the issue of false internet ad views.

    I have given you a few examples of how this might be huge, now do yourself a favour and search who works for or advises Zilliqa, Evan Chang, Ilya Sergey……..

    Get yourself 2,000 of them for €30 as suicide insurance, as you will be devastated if this does moon in the coming year now that you know about it.

    Been hearing about Unstoppable Domains a lot recently. I thought their renewal fee was $5 per year after paying $10+ up front for the domain? And apparently you can use the domain as your crypto wallet address. I need to do a bit more research on this..

    Orange pilled.



  • Registered Users, Registered Users 2 Posts: 18,695 ✭✭✭✭Dohnjoe


    fishboot wrote: »

    The kicker is these web domains cannot be blocked, and as a lovely bonus they have announced that once you purchase your web domain, it is yours forever, ZERO renewal fees!

    To understand this correctly, anyone can setup a website that cannot be blocked? no matter what the content on the site?


  • Registered Users, Registered Users 2 Posts: 3 fishboot


    Dohnjoe wrote: »
    To understand this correctly, anyone can setup a website that cannot be blocked? no matter what the content on the site?

    Apparently they cannot be blocked, once you enter the name in browser address bar and hit enter you will connect to site.
    I would imagine that Unstoppable Domains and Ziqilla would not allow child porn and the like on the service, it would kill it dead, but the likes of the Pirate Bay would be unaffected.
    The fact that once you pay for the domain it is yours for ever with no addition fees is huge, that alone is potentially worth a lot of money to a individual who owned a few web sites, the likes of GoDaddy get you in with cheap fees for the first year, but they jump up a lot in year 2 and every year after.
    Zil has a working product, it is ahead of ETH in getting Sharding to work, thats a huge deal, if ETH fails to implement Sharding this year it could lead to many projects jumping to ZIL.
    The PepsiCo supply chain improvement was 28%, that will no doubt get any other companies interested, get 2000 for €30 and forget about it , come back in a year and hopefully it will have mooned.


  • Banned (with Prison Access) Posts: 3,964 ✭✭✭Blueshoe


    fishboot wrote: »
    Apparently they cannot be blocked, once you enter the name in browser address bar and hit enter you will connect to site.
    I would imagine that Unstoppable Domains and Ziqilla would not allow child porn and the like on the service, it would kill it dead, but the likes of the Pirate Bay would be unaffected.
    The fact that once you pay for the domain it is yours for ever with no addition fees is huge, that alone is potentially worth a lot of money to a individual who owned a few web sites, the likes of GoDaddy get you in with cheap fees for the first year, but they jump up a lot in year 2 and every year after.
    Zil has a working product, it is ahead of ETH in getting Sharding to work, thats a huge deal, if ETH fails to implement Sharding this year it could lead to many projects jumping to ZIL.
    The PepsiCo supply chain improvement was 28%, that will no doubt get any other companies interested, get 2000 for €30 and forget about it , come back in a year and hopefully it will have mooned.

    Buying into these coins is only buying their products not stock.
    It's the stock of these companies we should all be buying into. But that's not possible


  • Registered Users, Registered Users 2 Posts: 3 fishboot


    Blueshoe wrote: »
    Buying into these coins is only buying their products not stock.
    It's the stock of these companies we should all be buying into. But that's not possible

    Ok Forget about what i wrote about Zil.
    Consider the following.
    ETH is huge because of the DApps that run on it
    cryptokitties nearly brought ETH to it knees, ETH is even more busy now than then.
    ZIL is a platform that you can run DApps on.
    At this time only a couple have migrated from ETH to ZIL
    ZIL has Sharding working, ETH does not.
    If ETH fails to get Sharding working this year, DAaps could migrate to ZIL
    If ETH once again get congested , DApps could migrate to ZIL.
    Zll is dirt cheap at the moment with potential to gain a lot of DAaps if ETH misses getting Sharding up and running, gets congested


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  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Blueshoe wrote: »
    Buying into these coins is only buying their products not stock.
    It's the stock of these companies we should all be buying into. But that's not possible


    Some of them are listed on stock exchanges, one particular project I have coin in is listed on the german stock exchange. Ticker : T0C:DUS.


  • Banned (with Prison Access) Posts: 3,964 ✭✭✭Blueshoe


    fishboot wrote: »
    Ok Forget about what i wrote about Zil.
    Consider the following.
    ETH is huge because of the DApps that run on it
    cryptokitties nearly brought ETH to it knees, ETH is even more busy now than then.
    ZIL is a platform that you can run DApps on.
    At this time only a couple have migrated from ETH to ZIL
    ZIL has Sharding working, ETH does not.
    If ETH fails to get Sharding working this year, DAaps could migrate to ZIL
    If ETH once again get congested , DApps could migrate to ZIL.
    Zll is dirt cheap at the moment with potential to gain a lot of DAaps if ETH misses getting Sharding up and running, gets congested

    I'm not disagreeing with you at all. I'm just saying it would be better to be buying stock in these companies not buying and holding their product. Some tokens have billions in supply. Realistically how expensive can they become? This is their product made from thin air
    Stock is a better option


  • Registered Users, Registered Users 2 Posts: 18,695 ✭✭✭✭Dohnjoe


    fishboot wrote: »
    Apparently they cannot be blocked, once you enter the name in browser address bar and hit enter you will connect to site.
    I would imagine that Unstoppable Domains and Ziqilla would not allow child porn and the like on the service, it would kill it dead, but the likes of the Pirate Bay would be unaffected.

    So there will be rules for this and decided upon by who?


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    Any thoughts on MATIC? only launched last week but doing really well since I was thinking of throwing a few Bob into cryptocurrency again.


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Truckermal wrote: »
    Any thoughts on MATIC? only launched last week but doing really well since I was thinking of throwing a few Bob into cryptocurrency again.

    Why did I not see this !


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    Why did I not see this !

    Yep and I ended up making €2800 yesterday!


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Truckermal wrote: »
    Yep and I ended up making €2800 yesterday!

    Do that 2 times over and you have yourself an s2000. :cool:


  • Registered Users, Registered Users 2 Posts: 3,034 ✭✭✭KilOit


    Truckermal wrote: »
    Yep and I ended up making €2800 yesterday!

    Well done, take profits from that, saw that coin being memed on 4chan last week


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Zilliqa has now successfully enabled the first-ever smart contract platform built on sharding

    https://blog.zilliqa.com/zilliqa-has-now-successfully-enabled-the-first-ever-smart-contract-platform-built-on-sharding-426748b47d32

    I know people on here were talking about this project recently and I have a few thousand coins myself. What do you reckon is the potential for this? I might dip in for a bit more. Current price is just over 2c.


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  • Registered Users, Registered Users 2 Posts: 213 ✭✭tommylimerick


    how do you know what a algo means
    qu te/gbp
    what is it ???
    it's not quantum is it ?


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Rephrase please, googling that term turned up some random Portuguese blog about bot trading from 2017

    The word 'quantum' means nothing for a while yet in crypto, no need to worry unless you have a source that thinks some government is planning on harvesting the power of ten suns and mass-producing ASICs in order to get into Satoshi's wallet within the next decade


  • Registered Users, Registered Users 2 Posts: 213 ✭✭tommylimerick


    Dynamic trading logic and Tesla super position


  • Registered Users, Registered Users 2 Posts: 213 ✭✭tommylimerick


    fed discredit crypto

    benefits inflation on ur cash
    interest on lending currency
    no actual cash
    no standard


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    giphy.gif


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    Any thoughts on Vechain? Apparently Walmart are going to use their Blockchain..


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  • Registered Users, Registered Users 2 Posts: 11 Treetree


    Many people still believe in stellar?


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Treetree wrote: »
    Many people still believe in stellar?

    I'm disappointed in how it's performing the last 6 months but definitely still believe in it's future. By far one of the best alts out there. Been holding for a couple of years now and will continue to do so.


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    https://www.stellar.org/blog/where-we-are-headed/

    This was a nice blog post that was released in the last couple of days from their new CEO. Nice to see them putting some attention towards marketing and communication/public relations, something they have really failed to do to date.


  • Registered Users, Registered Users 2 Posts: 8,153 ✭✭✭Grumpypants


    NEO back up to €16.50. Had spent a long time under a tenner.


  • Registered Users, Registered Users 2 Posts: 18,695 ✭✭✭✭Dohnjoe


    NEO back up to €16.50. Had spent a long time under a tenner.

    About bloody time, although a good bit off from ATH ($195)


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  • Registered Users, Registered Users 2 Posts: 14,309 ✭✭✭✭wotzgoingon


    Why haven't alt coins rising as much as bitcoin? I see bitcoin rose to around 13,000 a few days ago and alt coins had no such rise.


  • Registered Users, Registered Users 2 Posts: 18,695 ✭✭✭✭Dohnjoe


    Why haven't alt coins rising as much as bitcoin? I see bitcoin rose to around 13,000 a few days ago and alt coins had no such rise.

    Market bullish on BTC, not the alts. As a result people moving from alts into BTC. Similar happened in 2017.


  • Registered Users, Registered Users 2 Posts: 3,279 ✭✭✭antimatterx


    Does anyone have any nice Alt plays atm.

    I have made some nice gains with MANA and Avax. Hoping to do the same with LRC. I have some LINK, but that's not doing much recently.



  • Registered Users, Registered Users 2 Posts: 4,516 ✭✭✭Potatoeman


    I picked up a bit more link and dot, they haven’t moved much yet but it’s still early for them. Apparently dot had a lot of Chinese investors sell due to the crypto ban over there.

    Also some more SOL and STX when they drop and a bit more of SLND though I’m getting that from staking SOL on their platform now. I just wanted to have at least 100 in case it spiked. Most of the rest are a bit too high to buy more atm for me.



  • Registered Users, Registered Users 2 Posts: 339 ✭✭RodVelvet


    I had a good few NIX from years ago that I swapped to MUTE, any other holders here, seems to have jumped up a bit lately. Not sure if I should just cash in as the ZKsync rollup thing hasn't been launched yet.



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