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

makeorbrake

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

JohnnyFlash

makeorbrake wrote: »

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.

smacl

makeorbrake wrote: »

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.

smacl

JohnnyFlash wrote: »

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.

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.

Dohnjoe

makeorbrake wrote: »

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

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.

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

Truckermal

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

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

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.

Tango One

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

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.

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.

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.

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..

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?

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.

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

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

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.

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

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?

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.

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 !

Truckermal

Jamison Nervous Wage wrote: »

Why did I not see this !

Yep and I ended up making €2800 yesterday!

q85dw7osi4lebg

Truckermal wrote: »

Yep and I ended up making €2800 yesterday!

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

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

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.

tommylimerick

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