I would say use side chains with different types of consensus and then bring it back to a main chain to complete for larger consensus. MOAC does this already with their dual layer technology by giving developers the freedom to choose their consensus mechanism on the side chains and then have a POW on their main or mother chain. You can read more about their technology here: https://www.moac.io/resources/resource_whitepaper.html
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I would create some sort of scavenger hunt if you know you're going to die (or even leave it in your will) and the end discovery will be the pot of gold aka your private keys
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I would look into Ethereum and any platforms that have interoperability with it. MOAC is one platform that currently has cross chain interoperability's and there should be more down the pipeline this year .
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https://www.nytimes.com/2019/02/28/technology/cryptocurrency-facebook-telegram.html#click=https://t.co/dafMzFxBWEDid anyone read this article in the NYtimes today? I personally had a good laugh because I would love to know how they are going to achieve a truly decentralized cryptocurrency. I could see them incorporating an incentivization system into their platforms but not create a truly decentralized crypto. The only 'stable' coin project that I am aware that is decentralized and is said to succeed where Bitcoin hasn't is Ampleforth due to their elastic supply protocol. Are there any others?
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Well it depends what you want to sacrifice decentralization or transaction speed because one the other is explicitly better at one not both but I know Moac is a platform that makes sure it it optimized on both fronts. There might be others that are in the works but haven't launched yet too.
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Read their white paper, check out their git hub, active social channels, all star team, funding and badass advisors. Right now Ampleforth and Cosmos are two projects that happen to hit all of those if you're interested in seeing what a trustworthy project should look like.
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We will see a shift once PoS happens
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Honestly I don't think there will ever be one coin to rule them all, just like there won't be one chain to rule them all. the competition is relatively good.
Here's a great article explaining a little bit about the why:https://medium.com/ampleforth/independent-currency-in-a-multi-chain-world-67032dce8296
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ETH all the way. Especially with all the projects being built on top of Ethereum it's bound to be a project that sticks around.
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That article was great how it tied everything together yet keeping it light. The writer did a great job.
I would agree with most of the points she made even adding that crypto has allowed everybody from different walks of life to participate not just the big rigs of the world.
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there is a huge wave of IoT that is a way to earn. moac just launched a partnerhship with china mobile that is pretty crazy
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These two high coins are worth the investment, don't hesitate to invest, because both are the best coins in the crypto era. Nobody doubts the development of both bitcoin and ethereum. Invest and manage well then you will have a lot of profit.
I like your response for sure, I would agree
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you should do it and hold it. once the new upgrade happens you'll be cruising
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We are not perfect, all have the tendency to commit mistakes. If we are afraid to make mistakes, this is a hindrance for us to try. If we don't try, how can we improve ourselves? I think the best way to do it is to educate yourself, know the basic and be ready to commit mistakes.
very well said
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i don't think they will collapse nor will anything surpass bitcoin imo. I think we might see other currencies come into play that are quite different from ETH and BTC such as ampleforth's elastic supply policy. it'll be even a more unique concept for people to wrap their minds around but I think it will be quite successful once they do.
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i'm planning to stick around for the long haul. in any case if it doesn't work out at least I could say I tried and gave all the hard work a shot
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This is the time to buy...
I couldn't agree more, however, eth wouldn't be my first choice. I don't like what's happening with the ETH ecosystem right now. There should be other decent coins out there to accumulate and hold, hoping for a bull run in the next 6 months. My guess, well, maybe ADA or IOST. A couple of days ago, I even wanted to force myself to buy LTC, but I couldn't. I think ETH will change once the update happens.... or if it happens lol
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This is actually normal in the crypto world. Because of the cost of listing on an exchange, most coins end up on one or two and thats it. Even if they get listed on more, all fo the trading volume ends up on just one or two anyways.
Also, the days of getting listed on many exchanges or good exchanges being a big thing are over. In the past, if a coin got on a good exchange, you could expect its value to rise dramatically. This just isn't the case anymore so you shouldn't use it as a measure of potential.
As far as MOAC goes, I've heard some good things, also some bad. Like every single DAO project out there it is hard to say because DAO itself is a totally brand new area and speculative. I would say compare MOAC to other DAO projects like Daostack, wings, or district0x and decide which one is best.
I think MOAC is more so going up against EOS and NEO and ETH2.0. Pretty solid team that are silicon valley vets and they announced a partnership today: https://medium.com/oathprotocol/oath-protocol-and-moac-team-up-in-strategic-partnership-f38427784a17And to add to that this is what they posted today: https://medium.com/moac/explaining-moacs-ground-breaking-technology-95362b8aa99a
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