Cryptocurrency Daily Discussion Megathread - May 6, 2018 |
- Daily Discussion Megathread - May 6, 2018
- Don’t have anyone to share this with because my family is a bunch of critics, but over time I’ve finally invested $1000 worth into crypto!
- 24 Lessons I Learned from Interviewing Over 45 Cryptocurrency Projects in Two Months
- Coinmarketcap is trending in Apple's appstore as Bitcoin showing signs of interest in general public
- Elon Musk will bring humans to Mars, and cryptocurrencies to the moon
- Just spotted in Hollywood
- Elon trolling Buffett with cryptocandy, yeah this is actually happening
- Coinance for iPad has officially launched! – The most beautiful cryptocurrency management App for iOS & Android.
- An incredible comment about bitcoin from a zerohedge reader from May/2017
- Buy train tickets with Bitcoin in Switzerland
- Angel investor from China buys 10,000 Bitcoin.
- What the hell happened to Xtrabytes?
- South Korea Has No Choice but to Legalize ICOs, and It May Happen Soon
- Elon Musk hinting at starting a candy company... with “CryptoCandy”
- 23 yr old bitcoin trader who posed with bundles of cash on social media commits suicide after gang steals £280k from him. Stay safe guys.
- A Decentralized Internet is not Possible Without ID Integration
- South Korean FSS minister plans to potentially loosen cryptocurrency regulations for the country.
- Spotted in Helsinki, Finland (Itakeskus shopping center, hiding in a corner)
- How Can We Make Crypto Trading More Accessible to Everyone?
- Mithril token scoring 3 new exchanges and up huge % this year what’s up?
- Metamesh’s IOTA Crowdfunding Campaign – Contribute With IOTA & Trinity Deep Linking!
- CEO and founder of Picasa joins a blockchain company as an advisor. Wemark embeds blockchain in stock photography to connect artists directly with customers
- The key for BABB is that we’re focused on enterprise, not aid. We’re a business dedicated to providing viable and sustainable access to banking for individuals and other businesses. We want people to use BABB to innovate, make their own opportunities and create wealth.
- Elastos ($ELA) Explained + Partnerships and dApps
- This is what we as a community need to fix.
| Daily Discussion Megathread - May 6, 2018 Posted: 05 May 2018 11:14 PM PDT Welcome to the Daily Discussion Megathread. Please read the disclaimer, guidelines, and rules before participating. To see the latest weekly Skeptics thread, click here To see the latest weekly Support thread, click here Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and excercise utmost caution before acting on any trade tip mentioned here. PnDs and brigades are not sanctioned by the mod team in any way as they violate rule III. If you discover this thread is being used for these activities, bring it to the mod teams's notice via the modmail. Guidelines:
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Thank you in advance for your participation. Enjoy! [link] [comments]  | ||
| Posted: 05 May 2018 09:29 PM PDT I earned the money myself working retail. I just noticed that I broke the four figure mark, which is big to me. My family and friends are all critics, skeptics, or try to explain to me an area which they no little to nothing about. But maybe in spite of them, the cumulative amount now exceeds $1000 Here's a toast to a hopefully another year of great market growth ! [link] [comments]  | ||
| 24 Lessons I Learned from Interviewing Over 45 Cryptocurrency Projects in Two Months Posted: 05 May 2018 12:06 PM PDT This article originally appeared on medium
Like most of the people who got into the blockchain space in 2017 we all had to wade through a sea of BS, incomplete information, and a whole lot of market fluctuations.
It was a great ol' time.
A lot of us made money and a lot of us lost money.
About three months ago, we decided we had enough of the rehashed white papers and 3 minute videos about the next 100X Lambo Moon-coin of the month by Crypto (insert generic name).
We decided we wanted to bridge the gap between the real projects/ideas/technologists and the people investing in them.
So we started to interview a few projects.
3 months later and we've interviewed over 45 projects, and spoken to more than 50+. I can't think of a more hands-on journey into crypto than this.
There were just so many insights that either occurred before or after the interviews that I knew people would appreciate.
So I compiled a list of 25 nuggets of wisdom shared by some of the 45 founders we spoke to.
I'm not saying any of them are true, and I'm not promoting any of their projects. This is just me sharing insights from CEO/founders that you might otherwise not have access too.
Shameless plug time — Subscribe to our Youtube channel for awesome videos and new project interviews. Also, please check out our website coincrunch.io and join our community.
So let's get into it.
I've broken this down by numbers, with the italics being my own thoughts on.. well, their thoughts.
Enjoy, and feel free to let me know what you think.
1. Don't think that regular VC companies know what they're doing when it comes to investing in early stage tech companies. There are no rules or definite markers of success. The vast majority of VC funding falls flat. Same with crypto.
I think most ICO and early stage blockchain investors don't know what they are doing and that's why they look to put their $ into projects with popular sentiment, as it's the only reliable heuristic out there.
It's important to remember that a lot of VC funds also can't accurately measure whether a project will be successful or not.
It's hard work and the unpredictable nature of blockchain tech and ideas makes it even harder.
2. The biggest challenge for high quality projects is attracting developers and real users. Money isn't a big issue with high quality projects. Expect way, way fewer crowdsales.
I think the era of regular people getting into amazing ICOs is over. Sorry to say.
The value will shift more to VC funds for one simple reason — a lot of big VC funds offer great value adds. Whether it's publicity or their network of support, it's a no brainer for most projects.
Not to mention most VC funds are usually 100% legally compliant. No issues with KYC.
3. Airdrops will become the new crowdsale.
We've spoken to a lot of projects over the last few months who have decided to opt for an airdrop model to avoid legal scrutiny.
It also saves them from dealing with the hordes of humans asking "WHEN BINNANCE" "WHEN TOKENS" in telegram.
Crowd-sales are absolute chaos and a target for hackers. Expect all good projects to be snatched up by VC funding right away.
4. SEC is overall friendly to crypto and wants the community to self regulate first.
We won't be naming names, but we've spoken to a few people that regularly speak with either the SEC, used to work there, or are taking part in a consolidated effort to educate government officials about crypto.
They realize there is a big shift coming and they need to be accommodating towards it. My personal take is that I'm not worried about regulation and actually welcome it.
A large percentage of retail investors either can't read English well enough to find scams or are too uneducated/lazy.
5. Liquidity is one of the biggest issues for crypto and why it's so volatile. Lack of liquidity pools are the biggest problem here.
I'm pretty sure this one is pretty easy to understand.
Lack of liquidity means easily manipulated order books and more volatility. Liquidity is pooled in individual order books and not shared across exchanges.
DEXs will hopefully change all of that.
6. The majority of smart contracts aren't secure and there is eventually going to be some standard for validating security.
Projects like Quantstamp and Certik are looking to audit smart contracts for the massive amount of security vulnerabilities. Just take a look at this report indicating that 34,200 vulnerabilities in smart contracts.
Yikes!
This leads to the conclusion that eventually there will be a globally recognized standard for verifying smart contracts. Sort of like a seal of approval or standard from some highly respected group.
Whichever project it is will be worth a lot.
7. Culture helps people adopt to crypto faster. Some cultures are better suited for crypto adoption.
Countries like Korea and Japan are big on video games. More than half of their population plays video games, and digital currencies have long been a staple of these games.
So the adoption curve for creating a real currency isn't that steep.
On the other hand, we have cultures that haven't grown up so technologically integrated.. which leaves crypto adoption for only cyberpunks and speculators.
8. 2017 was like the Primordial Ooze of Crypto.
We had a lot of great projects come out and we also had a LOT of garbage. If I was to throw out some non-verified estimate, I would say 98.5% garbage and 1.5% quality.
But that's not the point.
The point is that we needed that evolutionary process to get to where we are now and will hopefully go in the future.
Think of it like evolution. Legitimate projects will adapt, grow, and flourish, leaving the lazy ones to die.
9. Incentives are the most important thing tokens need to be designed around.
Charlie Munger, Buffet's right hand man, has a famous quote which is very appropriate to crypto - "Show me the incentives and I'll show you the outcome".
A lot of projects forget this. Some of them don't even seem to have spent more than twenty minutes designing their token functionality.
Designing for incentives first and foremost ensures a robust and resilient ecosystem that will live long into the future.
It's also the basis for any network effect.
10. Cryptomarkets will eventually be worth trillions.
Just saying...
11. Icon is an insane project.
The shill of the week. Here it is.
Combine high quality tech + a new incubator with 300 projects + thought leadership + a total blockchain ecosystem + tons of Koreans + good marketing = ICON is awesome.
12. Most serious developers don't even think about price, they just focus on the tech. This is something we saw over and over again.
From conferences to interviews, high quality projects don't even worry about their investments or price. They just keep developing and working on what they are doing.
I think the value in this is it exemplifies an attitude that real HODlers need to have — absolute confidence in the tech and direction of the project.
Price is only a temporary bump on the roadmap to awesomeness.
13. Blockchain is a unique space because you need to understand a little of everything.
This is one of the only spaces where a long-term investor needs to understand a plethora of topics.
Governance, token economics, functionality, scalability and how to build community. If anything, investing in crypto is a LOT harder than traditional blue-chip investing.
You need to understand different dynamics and think like a VC. There are no clear cut agreed upon metrics like P/E to help you decide.
14. The OTC BTC volume is staggering.
The majority of BTC volume does not exist on exchanges.
It's all taking place over-the-counter. Sellers and buyers working directly to buy/sell massive amounts of it.
Who is buying it?
Financial players working under different aliases or companies.
People are accumulating BTC and they are buying… a lot of it…
15. Crypto needs a robust and healthy derivatives market
Short sellers and other derivative based financial instruments keep regular markets healthy and stable and reduce volatility.
I didn't understand this concept that well, but had one of the leading decentralized exchange founders break it down for me like I was 5 years old.
While short-sellers often get a lot of hate, they are an essential component of any healthy market.
Look to projects like Market Protocol and 0x to bring derivatives trading to the blockchain.
16. Big institutional money hasn't entered the space yet, despite what Novogratz said.
The huge, *huge money hasn't come in.*
I'm talking about pension funds, teachers retirement funds, and huge index funds. They haven't entered crypto and won't be for a while.
The reason is two fold -
First, lack of custodial services to help them facilitate/purchase/store crypto.
Second, it's way too volatile for them.
This leaves most of the "big money" that has entered crypto to be tech-focused VC funds and some family offices.
17. Key Management Services (KMS) will be huge in the future.
Most people don't want to hold their public keys, and even when they try to do it some experts still mess it up royally (won't say who).
The average person doesn't want to be their own bank and I can't blame them.
Storing your own private key is scary as hell.*
It's important to remember that the majority of people aren't even responsible enough to save money, let alone carry around a secret series of numbers that allows anyone to steal your money in 1–2 seconds.
KMS will be a huge, huge, HUGE market in the future. Some KMS solutions may even become like crypto-banks.
18. Blockchains aren't private, companies can't store data on public ledgers without compromising data privacy rules. Privacy layer is huge.
If you are serious about understanding blockchain tech and investing in new projects, you definitely need to read up on data security laws.
I've seen so many Dapps that offer to liberate people and free data or create open marketplaces.
……Cool
But your white paper doesn't mention anything about how to store this extremely private, sensitive data that is governed by a highly developed set of international data security laws.. does it?
Data privacy on the blockchain as integrations with the underlying chain, or as layers built on top, are going to create a HUGE market and are essential to scale consumer-grade apps.
Look to Keep Network and Enigma for these solutions.
19. The main killer app of crypto is faster technological innovation and funding.
For the first time in history, regular people can become venture capitalists. We have liberated an industry that once belonged to the uber-rich to regular people like ourselves.
Yes, this has led to a lot of fraudsters and charlatans, but it has also led to an accelerated rate of technological innovation.
20. Data is the new oil.
More and more people will start to realize how powerful data is and that it needs to be protected.
Data is the new oil, and companies like FB and Amazon are the new petro-dollar-oil overlords of the world.
Luckily blockchain offers a reliable method to break these data silos and create a world where data can be liberated by sharing data, all while still maintaining an immutable ledger or its original ownership, therefore allowing creators to be rewarded.
Ocean Protocol is by far the top project leading the way on this.
21. Discount token models are badass
If you don't know what a discount token is, it's pretty easy to explain.
Think of a reward point or Airmiles.
Basically, you get a few advantages with discount tokens. First, they aren't securities. Second, they encourage network use and participation. Third, people tend to hold them for future use which adds an element of price stability. Forth, it still allows for other currencies or fiat to be used to access a system.
I think discount tokens are going to become more popular in 2018–2019. Here is a video all about them.
22. Everyone likes Ethereum
Every project and developer we spoke to loves ETH, the community, and what they are trying to build.
A lot of elements of the Ethereum community embody the same values and ideas that brought people into the blockchain world in the first place.
I personally look to ETH to have a massively larger market cap in the next 2–3 years.
23. The FAT Protocol Thesis is still very much applicable.
If you don't know what it is — watch my video.
FAT Protocols are the idea that value will be captured at the protocol layer and not the application layer.
I generally agree with this statement, and most of the founders we spoke to still believe we are in the early days of this new blockchain world and protocol projects offer the best long term investment value.
Pro tip — look for projects that incubators setup to launch new projects.
24. Everyone is just trying to figure this whole thing out.
Phewwwww
That's a relief. Most of my life as an entrepreneur has involved this nagging feeling that I don't really know what the hell I'm doing.
It seems that the blockchain world is no different. A lot of projects are figuring things out as they go along, networking and exploring new ideas.
That is the beauty of our current stage of development. It's a thriving and exciting time to learn new knowledge and challenge what you think you know.
That's it.
Hope it's been insightful.
I'd like to end with one last note — talking to projects on all parts of the planet working on the same problems with the same enthusiasm has made me more bullish than ever before on the blockchain space.
We're in for a wild and exciting ride guys.
Let's strap in and enjoy it. [link] [comments]  | ||
| Coinmarketcap is trending in Apple's appstore as Bitcoin showing signs of interest in general public Posted: 05 May 2018 06:36 PM PDT
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| Elon Musk will bring humans to Mars, and cryptocurrencies to the moon Posted: 06 May 2018 01:55 AM PDT
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| Posted: 05 May 2018 10:00 PM PDT
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| Elon trolling Buffett with cryptocandy, yeah this is actually happening Posted: 05 May 2018 07:28 PM PDT
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| Posted: 05 May 2018 05:48 PM PDT
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| An incredible comment about bitcoin from a zerohedge reader from May/2017 Posted: 06 May 2018 01:17 AM PDT http://www.zerohedge.com/news/2017-05-31/ethereum-forecast-surpass-bitcoin-2018#comment-9633923 "The deflationary aspects of a free market avalanche of investment capital into cryptocurrencies is terrifying, especially for a world that is drowning in debt represented by existing national currencies. Here's the frightening scenario : you owe several hundred thousand dollars or yen or euro on your mortgage and other debt. Your employer is pretty hip and they start paying you in this new cryptocurrency because they see the currency rising so they have transferred all the company's cash assets including payroll into a cryptocurrency. They hope the transfer will lead to increased bottom line earnings for the company, since the cryptocurrency keeps rising and that means the company may enjoy a currency arbitrage profit as their former currency not in crypto keeps rising and providing profits. For you, the new payments in crypto are great, because by the time you finish paying your bills each month your paycheck has risen in value...so its like getting a bonus with every paycheck ! What's even better, you easily transfer enough cryptocurrency each month into dollars because the mortgage servicer who you sends your mortgage to specified in the mortgage agreement that your payments will be in dollars. So too did the credit card companies. So you translate some of your crypto paycheck into dollars and pay your debt bills. Here's where it gets interesting... The mortgage servicer and the credit card banks receive your dollars as planned. But like you, they are having to start transacting more business in cryptocurrency as the world marches toward the brave new world, and so the dollars they are being paid by you to settle your debts with them are becoming less and less powerful in terms of how much cryptocurrency those dollars can buy. In real buying power terms, the banks you owe money to start losing buying power when they have to translate dollars they are paid into cryptocurrency, and that is causing the banks to suffer loses to its overall earnings. When banks start losing money, they become more cautious and lend less money. There will be the constant losses doe to currency translation from dollars to crypto, along with risk managers in the banks cautioning not to make new loans in crypto because the more the crypto rises in value against existing currencies, the more likely will there be a correction in crypto value that means the crypto collected on the new loans will be worth less than the crypto lent. When banks reduce their appetites for making loans, economies slow down and suffer. The gain that indebted consumers made from the cryptocurrency translation resulted in offsetting losses for banks. Since there are a lot fewer banks than borrowers, the gains for each individual borrower are a lot smaller than the huge losses that the banks will take in receiving loan payments in a currency that is in free fall because of the supply-demand equation for the more favored crypto. What you then have is a mortgage crisis like in 2007, magnified several times over. In the mortgage crisis, individuals received small benefits by living in homes without paying mortgages, while banks and holders of mortgage backed security liabilities died a death of a million slashes as they absorbed all of the defaults. This time it will be far far far worse. What makes this scenario even more catastrophic is that in order to stay in business, the banks will need massive capital infusions from governments, just like last time. But since governments cannot mine cryptocurrency like they could print currency, whatever infusions of liquidity they make to the banks to save them will simply serve to push the value of cryptocurrencies higher, causing this entire process to multiply to the point of runaway reaction. Cryptocurrency mining procedures are just too small and difficult and time consuming to be useful in a liquidity starved world. The solution, of course, is to pull the cryptocurrency plug once the problem appears. But as we see time and again in financial crises, by the time the problem appears its way too late to take corrective action that would avert a catastrophe. So that's where the world unwittingly is going, and because governments have lost so much trust in their constituencies, and also because they have shown an incredible set of blind eyes to work on fixing problems, this deflationary firestorm will occur and destroy the world's financial system. There is a huge amount of money to be made on all of this, just think about who gets hurt if the major banks really fail and the governments are unable to save them. Bank stocks, industrial stocks, home builders, home furnishers...basically everyone. This is the one scenario in which the stock market could not even be saved by the government printing press...what an interesting idea ! So from an investment standpoint, the growing wave into cryptocurrency will provide the investment opportunity of a lifetime. Its the perfect storm...it combines the seemingly universal dislike of government intervention to prop up highly overvalued stock markets so the rich get richer while the working person cannot get a decent raise, with the also seemingly universal desire to keep the internet free and beyond the clutches of government regulation. It gets rid of these dastardly Central Banks that have done nothing to help anyone but that same wealthy one percent that benefits from zero percent interest rates, and individuals love the perceived strength that a currency freed from government entanglement means to a free world. Everyone sees the nirvana, but hardly anyone understands the devastation that deflation has on a world so over-leveraged on debt. Interestingly, the winnings from this deflation have nothing to do with whether you decide to put a few thousand dollars into Bitcoin so you can look cool to your kids and co-workers. No, the profits in this one will be in the old school avenues, assets denominated in the old currencies that crypto is looking to replace. Imagine shorting Goldman's stock and actually seeing it drop and stay down. Or seeing Berkshire Hathaway put that old man who has been a beneficiary of his time sink into oblivion and turn the old wizard into an old fool. The most interesting times in the financial world occur when the world moves from one age to another. Think of agrarian to industrial, industrial to government/military, and now government/military to information age. At all of these interfaces, the seams were sharp enough to cause a terrible rip in the fabric of the world economy, and winter came in the form of global depressions to wipe away the old leaves and dead wood. Cryptocurrency will be the death knell of the government/military age, because it takes government out of controlling the money. There will be a new money with millions of new overseers and a free market that replaces the dominance of small cabals of government bureaucrats who dictate the terms of commerce in the world. That seam is going to be greater than most in the past, because of the magnitude of what is being replaced and the terribly ripe condition that exists to be replaced. The interface will be epic, the transition states along the way will be horrific. Remember what Brad Pitt cautioned in The Big Short :"...for every one point rise in the unemployment rate, 40,000 people die". That relationship will rise when this nightmare takes hold. It's so interesting how a development led by young people - the advent and expansionary use of cryptocurrency - still will be subject to the old rules of society. The axiom "may you live in interesting times" - originally intended to be a cautionary advisory - along with the caution to "be careful what you wish for as it might come true" both ring in my ears as I contemplate how cryptocurrency will be the bleach that washes away the excesses of a dying age in favor of the birth of a new one. Economic depressions are magnificent social colonics, as they wash away all of the filth that accumulated in the prior age. Every bad thing that you saw on display in the lead up and psot script of the financial crisis is about to be gutted and burned. Yet the world will enter its new economic age hamstrung by the pains of paying a severe penance for its foolishness of the age it is putting to rest. The best thing about economic depressions is that the greatest transfers of wealth - usually from the haves to the have nots - occur in these times. So if you really believe that cryptocurrency is here to stay and the next big thing of the future, then take precautions now and get yourself in position to be one of these beneficiaries of the transferring wealth. Have your plan ready, you will know when its time to execute. Fortunately for the foolishness of the Gods of the old world, they have put up the prices of assets so high that you will have plenty of time to get onboard when the train starts heading down the mountainside. Enjoy the ride !" -Harry Lightning [link] [comments]  | ||
| Buy train tickets with Bitcoin in Switzerland Posted: 05 May 2018 11:50 AM PDT
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| Angel investor from China buys 10,000 Bitcoin. Posted: 06 May 2018 01:33 AM PDT
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| What the hell happened to Xtrabytes? Posted: 06 May 2018 01:31 AM PDT The community has become a lunatic asylum. They are nuts. The ceo it seems refuses to talk to the community while the few that hang in the discord will ban and attack anyone who asks why. Whats so sad is Holochain is similar tech to XBY it seems but the horrible mismanagement of the project by ccrev has all but detroyed it. They should never of done a patent. It didnt help the community it simply made more power and dictatorship for ccrev and borz to weld over the community. I truly wanted xby to succeed and own a static node so i desperately want them to succeed. But this mismanagement and his power base to continue to break the project is the most shocking waste ive ever seen in crypto. What the fuck? [link] [comments]  | ||
| South Korea Has No Choice but to Legalize ICOs, and It May Happen Soon Posted: 05 May 2018 08:18 PM PDT
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| Elon Musk hinting at starting a candy company... with “CryptoCandy” Posted: 05 May 2018 04:31 PM PDT
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| Posted: 05 May 2018 01:08 PM PDT | ||
| A Decentralized Internet is not Possible Without ID Integration Posted: 05 May 2018 04:39 PM PDT
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| South Korean FSS minister plans to potentially loosen cryptocurrency regulations for the country. Posted: 06 May 2018 03:25 AM PDT
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| Spotted in Helsinki, Finland (Itakeskus shopping center, hiding in a corner) Posted: 06 May 2018 03:11 AM PDT
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| How Can We Make Crypto Trading More Accessible to Everyone? Posted: 06 May 2018 12:24 AM PDT
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| Mithril token scoring 3 new exchanges and up huge % this year what’s up? Posted: 05 May 2018 10:16 PM PDT
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| Metamesh’s IOTA Crowdfunding Campaign – Contribute With IOTA & Trinity Deep Linking! Posted: 05 May 2018 01:14 PM PDT
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| Posted: 05 May 2018 11:32 PM PDT
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| Posted: 05 May 2018 09:56 PM PDT
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| Elastos ($ELA) Explained + Partnerships and dApps Posted: 05 May 2018 01:44 PM PDT What is Elastos? BLOCKCHAIN POWERED INTERNET Elastos is a blockchain based operating system which is the world's first open source Internet Operating System. The Elastos Foundation was founded by Rong Chen and Sunny Feng Han, aiming to create a new Internet system powered by blockchain technology. On this new Internet, people will be able to own digital assets and generate wealth from them. Elastos will be used as the base-layer infrastructure rather than an application and has received sponsorship of over 200 million RMB from the Foxconn Group and other industry giants for its research and development. Elastos has open-sourced tens of millions of lines of source code, including more than four million lines of original source code. DApps are forced to never connect directly with the internet and only interact with the Elastos runtime (which in turn acts as a middle layer, then connecting to the internet) and you've essentially got a system that's 90% more secure than the way IoT or smart devices currently work. Today if I have 50 smart devices in my home, they all interact with the internet, I need to worry about 50 security threats. With Elastos, all I need to worry about is 1 threat, an attack on the Elastos runtime itself, this is a 10x better set-up and applies to IoT or frankly any device, with the beauty being its code written in C++ so any device can run it, even your fridge, and it's open source, so any developer can make whatever DApps they want. The Elastos Value Proposition
Brief Summary?
The issue with second generation smart contracts is that they have to run solely on the blockchain, which causes network congestion and high transaction costs. Decentralized applications for Elastos are run by blockchain technology but can be built on current Operating Systems (IOS, Andriod and computer). Rong Chen understands the importance of ease of use for both the consumer and the producers. The integration of multiple well known coding languages make development relativity easier than other blockchains. They also support Android and Apple Operating Systems, which most other blockchains do not. Elastos is not just the new internet, but the entire smart economy. Focusing on digital assets, monetizing computing power and spare storage, financially incentive trade of digital assets all combined with the highest level of security and the removal of the middleman. With speed, security and minimal cost at the heart of Elastos, it is bound to scale over time. Elastos is a third generation blockchain technology that tackles the issues we have with second generation cryptocurrencies such as Ethereum. What is the business model for Elastos?
Development History(Tens of Millions of Open-Source Code spanning Decades)
PARTNERSHIPS
DAPPS Most importantly, we see Elastos being adopted by huge projects to build out their blockchain solutions.
And...
Utilities of ELA(currency for Elastos)?
Other use cases are as follows:
And many more… VIDEOS
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| This is what we as a community need to fix. Posted: 05 May 2018 10:00 AM PDT
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