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    Cryptocurrency Daily Discussion Megathread - June 2, 2018

    June 02, 2018

    Cryptocurrency Daily Discussion Megathread - June 2, 2018

    Daily Discussion Megathread - June 2, 2018

    Posted: 01 Jun 2018 11:03 PM PDT

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    submitted by /u/CryptoCurrencyMod
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    Never more true

    Posted: 01 Jun 2018 03:46 PM PDT

    Give it up for Tron!

    Posted: 01 Jun 2018 06:11 PM PDT

    Vitalik call Tron a scam in interview

    Posted: 01 Jun 2018 04:45 PM PDT

    "There's projects that never had a soul, that are just like, ra-ra, price go up," he flaps his long hands, "Lambo[rghini], vrromm, buybuybuy now!" Then he blurts, "I'll just say it, Tron is a scam", breaking the tension by laughing uproariously. Tron is a token whose market valuation hit $17bn without any discernible product.

    http://www.cryptoscoop.io/2018/04/ethereums-vitalik-buterin-on-the-bitcoin-bubble-and-running-a-125bn-blockchain/

    The original interview was in the famous Financial Times UK newspaper.

    I wish we could edit typos in titles.

    submitted by /u/dee-thinke
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    “Nocoiner : Someone Who Has No Bitcoin” in Times Square, New York

    Posted: 01 Jun 2018 08:54 PM PDT

    Nano is great, but let me introduce you to the REAL cryptocurrency of the future: Banano

    Posted: 01 Jun 2018 05:19 PM PDT

    The VeChainThor team has declared that they will now be prioritizing the security of the VeChainThor blockchain.

    Posted: 02 Jun 2018 12:16 AM PDT

    Visa outage as millions of customers left unable to use bank cards across UK and Europe

    Posted: 01 Jun 2018 08:55 AM PDT

    EOS has raised $4B in funding without a working product, and will not develop the software further after its release. Are we witnessing collective insanity?

    Posted: 01 Jun 2018 08:45 AM PDT

    Vitalik says Ethereum will eventually support millions of transactions per second

    Posted: 01 Jun 2018 11:18 PM PDT

    We live, we learn.

    Posted: 01 Jun 2018 08:30 PM PDT

    Alchemint, NEO based stablecoin announces TGE

    Posted: 02 Jun 2018 02:17 AM PDT

    Introducing! Tron Bags!

    Posted: 02 Jun 2018 02:34 AM PDT

    How to Introduce Cryptocurrency to the Masses – The Block and Chain

    Posted: 01 Jun 2018 09:19 PM PDT

    Feelsbadman

    Posted: 02 Jun 2018 03:06 AM PDT

    Is this a Bullrun? - Weekend MEMES

    Posted: 02 Jun 2018 04:02 AM PDT

    Request for Shopify now released!

    Posted: 01 Jun 2018 06:40 AM PDT

    Crypto is more like 1984 than 1994 - PCs and BBS

    Posted: 01 Jun 2018 05:33 PM PDT

    The Movement

    The Cypherpunks of the 90s had their equivalent of the garage hackers like Woz and Bill Gates back in the 70s working on PCs.

    In 1984 you had users adopting personal computers at a high rate, and while this was a huge trend, users were mostly niche enthusiasts, as mainstream had yet to adopt computers at a massive level. There was a sense this was leading to something even bigger, but nobody knew what that would be at the time. Use cases were limited to things like gaming, and later on, spreadsheets, and word processors.

    The computers themselves were even on different hardware architectures, you had the IBM clones, Apples, and Commodores, to name a few.

    To complement these standalone machines, people started buying modems, either to connect point to point, or to Bulletin Board Systems. Many users began to run their own BBS, and other companies like Compuserv eventually grew large with dedicated pools of resources where users could all interact with each other.

    Some users ran BBSes with single lines, other with huge modem lines that could take hundreds of incoming modem connections.

    • PC - Node (mining, masternode, validator)
    • BBS - Blockchain network
    • Compuserv - Exchange

    Parallells

    What the parallel here is all the different protocols. There were multiple different software solutions for running your own BBS. None of the BBS systems could talk to each other, and if they could, it was some very crude functionality.

    None of the bulletin boards really had solid business use cases, they were mainly for hobbies to have fun or network with other users around the world. Others offered pirated software (Silk Road equivalent), which had a habit of running into problems with the FBI.

    By the end of the decade, most of the hardware had standardized into two camps, mostly dominated by the IBM architecture and Microsoft (Wintel), and a smaller majority on Apple.

    Then, in 1994, the web exploded, and pretty much eliminated the BBS.

    Here in 2018, we have many projects working on interoperability, but right now the universe is full of different protocols and ideas. Though still confined mostly to the fintech sector, the technology remains in its infancy. Ideas are huge.

    Looking Ahead

    There's no overarching technology like the World Wide Web to bind it all. Will it happen? At some point, there will be a consolidation.

    However, choice and different technologies are a good thing to try out right now. With no oligopoly out there to squelch competitors, innovation can thrive.

    Many of us see this as bigger than the 1994 Web explosion, the mobile adoption, or the PC revolution, as it has the possibility to create a fundamental shift in society that hasn't been seen since the times of Adam Smith.

    Adoption will have it's big Netscape moments, but running in parallel with those, many are quiet at work putting the plumbing together behind the scenes.

    That next big thing? It's already here, we just don't know about it until 5 years from now. This is an ongoing, multi-decades revolution in the making.

    Whatever happens, this is one of the most exciting times in the history of technology.

    submitted by /u/crypto_kang
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    Total Supply

    Posted: 01 Jun 2018 06:02 PM PDT

    Visa Network Crashes across Europe and UK! Is it the time for Blockchain?

    Posted: 02 Jun 2018 03:18 AM PDT

    PayFair.io lists Holo (HOT) to over 35 FIAT Pairs!

    Posted: 01 Jun 2018 09:00 PM PDT

    VeChain’s Collaboration With SlowMist and Other Private Firms To Secure the VeChainThor Blockchain

    Posted: 01 Jun 2018 08:13 AM PDT

    EOS Just Sent $120 Million Worth of ETH to Bitfinex

    Posted: 01 Jun 2018 10:57 AM PDT

    In 1 Day and 7 Hours IOTA's Qubic will be revealed. What do you think?

    Posted: 02 Jun 2018 02:13 AM PDT

    Hey,

    So IOTA has had a month-long countdown[1] and I have to say It has me intrigued and expectant for something big. I then went then to buy iota[2] and follow their blog[3] as I was hooked but still clueless...

    What do you guys think is going to happen?

    I read a reddit comment a while back[4] which mentioned something about tangle being a version DeepBrain Chain and a comment further down that one mentioned it would be better because of Hardware.

    In a recent discord chat (SORRY DONT HAVE REF FOR THIS) Come_from_beyond replied "Code, I have Hardware!" when asked about what the Q reveal is. (if someone could link that, that would be awesome)

    Yesterday, They posted news that Nordic Semiconductor and NTNU in Norway explore IOTA and the Data Marketplace[5] which has me thinking again about the hardware section of this. Could this be it?

    There is also a nice video for that [6]

    In summary, I have no idea, I am hoping that IOTA can now bridge the gap between FIAT and CRYPTO using smart contracts and I hope that the hardware will be in everyone's devices and will contribute to a worldwide distributed resource.

    What are your thoughts?

    Even if they sound crazy, let's get some discussion going.

    Links:

    1. Quibic Countdown
    2. How to buy IOTA
    3. IOTA Blog
    4. Reddit Comment 1
    5. Nordic News
    6. Nordic Video

    Edit: The countdown appears after the video has finished.

    submitted by /u/pmayall
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    NASDAQ supports Stellar (XLM) in a move to enter the crypto world

    Posted: 01 Jun 2018 08:58 PM PDT
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