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Author Topic: Price speculation  (Read 2156070 times)

Cassius

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Re: Price speculation
October 01, 2015, 09:13:23 am

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
I head up content for BitScan, crypto business hub.

yassin54

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Re: Price speculation
October 01, 2015, 09:18:39 am

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
it is good article for POS?
sorry for my noob question but i am not expert  ;D ;D
difficult to understand for me  :D

LiQio

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Re: Price speculation
October 01, 2015, 09:20:42 am

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

Haha, yeah for a fraction of a second I thought, they would replace this

with this
NxtLoader for Windows | VPS 178.33.203.157 | NXT-7LUC-22LJ-5WJ4-22222

yassin54

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Re: Price speculation
October 01, 2015, 09:28:06 am


Haha, yeah for a fraction of a second I thought, they would replace this

with this

https://twitter.com/MagicNxt/status/649516436096946176

achim

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Re: Price speculation
October 01, 2015, 09:32:03 am

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
it is good article for POS?
sorry for my noob question but i am not expert  ;D ;D
difficult to understand for me  :D

Let me summarize:

Blablabla PoS is unsecure yaddayadda N@S attack blabla Nxt mining is unfair because bigger accounts get more forging fees blabla.
NXT-7ML4-22U8-QNXK-22222

yassin54

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Re: Price speculation
October 01, 2015, 09:40:27 am

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
it is good article for POS?
sorry for my noob question but i am not expert  ;D ;D
difficult to understand for me  :D

Let me summarize:

Blablabla PoS is unsecure yaddayadda N@S attack blabla Nxt mining is unfair because bigger accounts get more forging fees blabla.
;D ;D
i prefered Pictures  :D

Cassius

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I head up content for BitScan, crypto business hub.

crackers

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Re: Price speculation
October 01, 2015, 05:16:37 pm

Today's xpool.ca multipool payout is 629+ ​NXT​, 28+ ​BTCD​, 0+ FIBRE​, 201+ ​BITS, 2+ ​DASH​, 0.368+ ​LTC​, 45+ VTC & 0.348+ ​BTC​

Additionally 22.565 DASH was found and sent to X11 miners in the past 24 hours.

Recent updates:

We've now added Vertcoin (VTC) as a valid payout option! MonaCoin (MONA) is now live on our Lyra2REv2 ports. Myriad (MYR) has been moved to merge mining and is enabled on our SHA256 ports.

MobileCash (MBL) has been added as a merge mined coin on the Lyra2REv2 ports. It has yet to hit an exchange so if you want to keep your share, you need to set your MBL address in your settings.

Cheers!
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zuqka

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Re: Price speculation
October 01, 2015, 06:38:31 pm

Chinese Auto Giant Wanxiang Plans $50 Million Blockchain Fund
First hinted at in a blog post by Ethereum creator Vitalik Buterin, Chao Deng, managing director atWanxiang-owned subsidiary DataYes, confirmed that the company had completed a purchase of 416,000 ETH, the native token on the Ethereum blockchain, in an total investment of $500,000.
http://www.coindesk.com/china-wanxiang-blockchain-50-million-fund/?utm_content=buffera7f0e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Chao confirmed that, despite interpretations of announcements from the Ethereum project, the $50m fund will seek to support "all crypto 2.0 projects", a comment echoed by Shen.

"We maintain an open, transparent and equal spirit. Ethereum is definitely the leading project of crypto 2.0 on decentralized applications at the moment. We would not only say Wanxiang will be the only LP in the fund, neither is Ethereum the only project that will be funded," Shen said.

Can someone try to contact him?
« Last Edit: October 01, 2015, 06:41:38 pm by zuqka »
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Audo Kryptowitz

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Re: Price speculation
October 01, 2015, 07:13:21 pm

An Open Source Self-organizing Ecosystem - www.digitalcatallaxy.com

PotShot-RSA

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Re: Price speculation
October 01, 2015, 07:33:40 pm

MobileCash (MBL) has been added as a merge mined coin on the Lyra2REv2 ports. It has yet to hit an exchange so if you want to keep your share, you need to set your MBL address in your settings.

Hi Crackers

How can I do this if I get paid out in NXT? The only option is to add the MBL address and generate a message, but there is no way to sign the message?
« Last Edit: October 01, 2015, 07:36:08 pm by PotShot-RSA »

dude

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Re: Price speculation
October 01, 2015, 07:57:25 pm

Chao confirmed that, despite interpretations of announcements from the Ethereum project, the $50m fund will seek to support "all crypto 2.0 projects", a comment echoed by Shen.

Very interesting, it would be probably worth a shot to contact them. If wonder if they want to directly buy the currency or it's about funding the development.
For the same amount of money they threw at ethereum, they could get a lot better position in Nxt.

nzminer

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Re: Price speculation
October 01, 2015, 09:52:04 pm

Chao confirmed that, despite interpretations of announcements from the Ethereum project, the $50m fund will seek to support "all crypto 2.0 projects", a comment echoed by Shen.

Very interesting, it would be probably worth a shot to contact them. If wonder if they want to directly buy the currency or it's about funding the development.
For the same amount of money they threw at ethereum, they could get a lot better position in Nxt.

I agree, same could be said with NEM too.
I dont get what the big deal is with Ethereum and all the $$$ needed to develop a new code etc.
Everything that Ethereum claims to do, can be done with NXT or NEM.
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grewalsatinder

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Re: Price speculation
October 01, 2015, 10:38:58 pm

Chao confirmed that, despite interpretations of announcements from the Ethereum project, the $50m fund will seek to support "all crypto 2.0 projects", a comment echoed by Shen.

Very interesting, it would be probably worth a shot to contact them. If wonder if they want to directly buy the currency or it's about funding the development.
For the same amount of money they threw at ethereum, they could get a lot better position in Nxt.

I agree, same could be said with NEM too.
I dont get what the big deal is with Ethereum and all the $$$ needed to develop a new code etc.
Everything that Ethereum claims to do, can be done with NXT or NEM.

The difference I see between NXT, NEM and Ethereum:
NXT,NEM:
 - Developing smart applications on Blockchain, delivering it as features with it's core.
 - Smart Contracts feature is in the list to do or complete.

Ethereum:
 - Smart Contracts feature is being developed from start.
 - Smart Applications on Blockchain will be made later by devs.

All are doing same things, just prioritizing features in opposite way.

I could be wrong, as I'm still new to NXT/NEM/Ethereum.
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allwelder

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Re: Price speculation
October 02, 2015, 03:44:56 am

Chinese Auto Giant Wanxiang Plans $50 Million Blockchain Fund
First hinted at in a blog post by Ethereum creator Vitalik Buterin, Chao Deng, managing director atWanxiang-owned subsidiary DataYes, confirmed that the company had completed a purchase of 416,000 ETH, the native token on the Ethereum blockchain, in an total investment of $500,000.
http://www.coindesk.com/china-wanxiang-blockchain-50-million-fund/?utm_content=buffera7f0e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Chao confirmed that, despite interpretations of announcements from the Ethereum project, the $50m fund will seek to support "all crypto 2.0 projects", a comment echoed by Shen.

"We maintain an open, transparent and equal spirit. Ethereum is definitely the leading project of crypto 2.0 on decentralized applications at the moment. We would not only say Wanxiang will be the only LP in the fund, neither is Ethereum the only project that will be funded," Shen said.

Can someone try to contact him?
Shen here means Shen Bo, the China CEO of BTS.
Seems BTS,ETH and Wanxiang will have more cooperations.
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EvilDave

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Re: Price speculation
October 02, 2015, 07:34:03 am

I say it's worth a go to contact Shen and simply ask.
Then again, the last 10% pump might have been Shen & co buying in.....
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martismartis

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Re: Price speculation
October 02, 2015, 08:07:12 am

Offtopic, sorry.

Have problem with this forum: when, in unread posts list, I click right icon to show unread post in topic, it is always opening top of the topic page, not the newest posts, I need to scroll down to see them. Am I alone with this problem? If it helps, chrome Version 47.0.2522.0 dev-m (64-bit), windows 10 64 bit. Maybe I need to change some flags in chrome?

Sorry again for offtopic, but this is most viewed thread in nxtforum :)

Berzerk

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Re: Price speculation
October 02, 2015, 08:48:26 am

Chao confirmed that, despite interpretations of announcements from the Ethereum project, the $50m fund will seek to support "all crypto 2.0 projects", a comment echoed by Shen.

Very interesting, it would be probably worth a shot to contact them. If wonder if they want to directly buy the currency or it's about funding the development.
For the same amount of money they threw at ethereum, they could get a lot better position in Nxt.

I agree, same could be said with NEM too.
I dont get what the big deal is with Ethereum and all the $$$ needed to develop a new code etc.
Everything that Ethereum claims to do, can be done with NXT or NEM.

The difference I see between NXT, NEM and Ethereum:
NXT,NEM:
 - Developing smart applications on Blockchain, delivering it as features with it's core.
 - Smart Contracts feature is in the list to do or complete.

Ethereum:
 - Smart Contracts feature is being developed from start.
 - Smart Applications on Blockchain will be made later by devs.

All are doing same things, just prioritizing features in opposite way.

I could be wrong, as I'm still new to NXT/NEM/Ethereum.

Nxt devs said that they are not interested into smart contracts or turing completeness. Ethereum offers smart contracts. Crypti has decentralized applications.

coinomat

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Re: Price speculation
October 02, 2015, 08:50:44 am

"Monthly expenditures from the Foundation, Buterin said, are now due to fall from 410,000 CHF ($420,858) per month to 340,000 CHF ($349,201) on 1st October. The ultimate goal will be to reduce the Foundation's burn rate to between 200,000 CHF ($205,370) and 250,000 CHF ($256,818) per month"

Holy sh.. Just came across this.
I'll refrain from jokes about coke and hookers, though
looks like mismanagement to me
Time to go further

coinomat

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Re: Price speculation
October 02, 2015, 08:52:32 am

I think it's a VERY GOOD MOMENT for NXT now, NXT is the ONLY 2.0 working cryptoplatform now.
Time to go further
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