I believe Chainlink is a project with good intentions, but I am not sure if it really will have a run up comparable to Ethereum. Not only that, but you may very well have an idea that is perfect for blockchain and yet, if you do not execute correctly, it could still end up as a failed project. I would like to direct your attention to an article that will be very interesting to all of you. It is written by a man that very clearly browses this board. I encourage you to read his other articles as well: news.bitcoin.com/cryptocurrency-memes-the-only-assets-that-can-survive-a-bear-market/
This is an important observation. Why is it that Chainlink is such an obscure cryptocurrency? Why is its presence so apparent here but nowhere else? I do now know the answer but we must accept that it is strange to say the least. The article provided above talks about Chainlink briefly.
I will not pretend that I fully understand trustless protocols, however I believe that EOS uses something called Delegated Proof of Stake (DPOS). The idea, as I understand it, is that in proof-of-work (POW) the fastest miner creates the next block. In proof-of-stake (POS) the block creator is chosen in a deterministic way; the deterministic algorithm must also incorporate the amount of "wealth" of each participant (also called the "stake") so that people with larger stakes will be rewarded with transaction fees more often than people with smaller "wealth". This consensus algorithm is less resource intensive and therefore is orders of magnitude faster than POW. If I remember correctly, EOS assigns a finite number of block creators from the beginning and that's why it's not called POS it is technically delegated-proof-of-stake (DPOS). Blockgeeks has a nice article on it: blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/
I have your best interests in mind, trust me
I agree that a lot of the coins are of Asian origin, but this is not an example of the East praising their own projects. Dan Larimer is the main developer for 3 of the top 4 projects listed: EOS, Bitshares, and Steem. He's from the USA.
This list is most definitely not fake and I can't tell if you are serious or if you simply take joy in misleading others. Here is the link to prove its legitimacy: www.news.bitcoin.com/china-crypto-ranking-btc-upgraded/
I do not want to appear like a shill, but I am of the opinion that in the future XRP will experience larger gains than Bitcoin simply because of their differences in marketcap and the steady adoption of XRP by large financial institutions. It is worth noting that, recently, a cryptocurrency Exchange Traded Fund (ETF) was successfully deployed in Switzerland under the ticker of HODL. What a crazy time to be alive. They will allocate 50% of their money in Bitcoin, 25% in Ripple, 16% in Ethereum, 5% in Bitcoin Cash and 3% in Litecoin. It is very important to note that these percentages were strategically chosen and they are a manifestation of the current market sentiment: wealthy investors believe that Ripple will have greater returns than Ethereum in the future, but they still believe Bitcoin is the safest investment. Here is the article: cointelegraph.com
What do you think about credit tokens? Specifically RCN
I may have to leave soon, but I just want to say that I am of the opinion that the cryptocurrency market is very similar to the dotcom bubble, which is why I am very excited to be part of this inevitable revolution. Remember that a few decades ago people would sprinkle the words "dotcom" over their companies and their stocks would immediately rise in value. This is the same as adding the word "blockchain" today. The irrational exuberance and uncertainty about the future is all here. The speculation and the innovation. We've seen this before. This is going to be a revolution that will unfold within the coming decades. It will not only change the way we transfer money around the world, but it will also change the way advertising works and a lot of middlemen will no longer be necessary. There will be Decentralized Autonomous Organizations and smart contracts will only get better because once the majority of people realize the amount of time and money they can save using automated contracts, only fools will refuse to use them. One thing that I am unsure about is the transparency of our future. I don't think that most organizations will want to be as transparent as Nakamoto wanted to be. Companies will make their data transparent only when it is in their best interests.
>I can't decide if EOS is legit or not. I still don't understand what its consensus mechanism is.
The same as every other coin but you get to see all of the bullshit that goes on behind the scenes.
Is a 30k AMB sigma node enough to retire on in the next 5 years?
>eos
>bitshares
>steem
i guess its no surprise the chink-compromised networks rank highly on a chink "rank"?
this is like listening to some kike-sponsored listing that tells you to sell all your crypto.
From my understanding the Ripio Credit Network is attempting to use the ubiquitous nature of cryptocurrencies to target demographics that are often outside the scope of most credit/loan institutions. I firmly believe that cryptocurrency will eventually become incorporated into the global lending market, but I do not posses the technical knowledge to determine if RCN is approaching this the right way. One thing that I do find interesting is that RCN intends to report to the credit agencies. It is the old legacy systems that are often the reason loans are hard to procure in the first place. On the other hand, the RCN token has an immediate and very natural/intuitive use case, which is more than you can say about most cryptocurrency projects.
>from one of his other articles
>shekels
oh yeah he's a Jow Forumsraeli alright