Hello guys, in this post I will inform you about why I chose to invest into Espers (ESP) and why you should too.
Espers is a Hybrid PoS/PoW coin. It's aiming to achieve site on chain, chainapps, crosschain interfacing and many many more. Now what I like the most about this project is site on chain, and I will get on later why Espers site on chain is unique and will be the best site on chain technology in the cryptoworld compared to competitors (Substratum for example).
Alright so first of all, XNodes: XNodes promote decentralization. XNodes are a custom version of Masternodes unique to Espers. XNodes are more decentralized. XNodes do not have a minimum/maximum amount of coins needed to host one. XNodes will have increasing ROI. But the con about this is, is that if you end your XNode soon after starting it you can receive a penalty (getting less coins back). Therefor if you were to host an XNode with a big amount get ready to host it for a couple months before taking it down. This penalty system is here because XNodes will get used as servers for the websites. XNodes release is not far away and I feel like this will be the release that will make this project known and have it's first early investors roll in (even though this coin has already had millions of volume in the past).
Now because of being a PoS and PoW hybrid coin with VRX, this coin is basically immune to a 51% attack. And let me get this out the way too, this coin is a 25% stake coin with a plan to lower the staking profits:
https://espers.io/download/Espers-White-Paper-v1-Final.pdfAnd yes, some people might not like this high supply, but please do you see what these developers want to achieve? You're not gonna do that with a low supply, and anyway, ADA, TRX, Ripple, Stellar Lumens. I mean hello? The supply is not gonna be an issue.
Now yes you might be wondering: "But the marketing is absolute trash!". This coin was airdropped, all of the teams budget was used overtime. However, the release of XNodes will bring funding to the team and they do still own a fair bit of Espers, just with the current price not worth much. A binance listing would most likely be their entire budget. But as I said money for marketing is on its way. I've been on their discord and telegram for over a couple months now. I've never really said anything just been quiet. Their community is one of the nicest community's I've ever seen and the way their team and moderators operate is beautiful in my eyes.
Now let's just get to the beauty: Site on chain. "But there are competitors! Hostcoin, DADI, Substratum and Gladius! All of those coins, are nothing to Espers. How could I say that? Espers is the only coin around right now which claims to be able to achieve blockchain hosting on everyday browsers like Google Chrome for example. How is this possible? XNodes make this possible. Ofcourse not only that, but not too much of it can be given away until near release (which is pretty near) because this is like discovering how to make a sweetener when no one knew about it yet. You can't share this information. It will get stolen. But because it is able to be used on everyday browsers sites like for example Amazon can remove their absolute worst nightmare by just switching their hosting service. This is revolutionairy. All these "competitors" do not have this compatibility, they need to tweak a protocol in order to be compatible with Google Chrome, doing this will make them compatible but will leave sites using that service offline every minute. Therefor Substratum for example has made their own browser. This is awful. You would need to tell a consumer that they need to download some complicated substratum client because that's where their favourite site is now hosted. This will lead to a MASSIVE decline in adoption. Espers has found a way to break through this wall! And it's amazing how this coin is still such a low price. They're already so far into their roadmap and about to release absolutely revolutionizing technology. If you were interested in how for example someone would host their data, it goes the following: You would send your website data inside the Espers client and that will cost you a fee in Espers from your wallet. From there XNodes will do their thing and host the website. And for anyone wondering, this is not static hosting.
Anyhow, exchanges. Yes, trash. Cryptopia had a conflict with the lead developer of the project and delisted Espers without any refund of the listing fee. Yobit is continuing to trade and old chain of Espers (SO DO NOT BUY HERE THESE COINS WILL BE USELESS). However. They've been contacting 40 exchanges over the last month and have confirmed that they are in negotiation with listings. Guys this coin is a hidden gem.
You can make your own choice after the information provided. For any tech minded people out there rambling with questions, their discord would be the best. The community is amazing and will most likely answer your question(s). And if you're wondering how much I own, my bag is currently at 6 million Espers
I keep buying more though because this is just an insane oppertunity.
Goodbye
PS: Kevin Boerland is in the official team and came in 2/3 months ago into the project with tons of questions regarding how things will work, how sites are not static, how it's compatible. He has all the answers, but I would suggest not asking him but more the community because ofcourse he is busy most of the time. His dayjob has to do with internet hosting. He's now an official developer in the team. He could be the one to ask the technical questions.
Oh and I didn't quite make clear that if site on chain is achieved. This will make sites unddosable and unhackable. Revolutionairy right here.
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