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101  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Blockchain, Platform, Ecosystem will be the Most Competitive for Eth 2.0? on: September 14, 2021, 10:44:15 PM
In my opinion, there is nothing like eth-killer. BSC, Dot, Solana, etc are rising for the trend this time. But they can't be Eth killer. Possibly, they will sustain beside Eth. Maybe you heard today, Solana was down. So, nothing can be compared to Eth

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Or will Eth 2.0 kill all above in the list? But then again Eth 2.0 is like Coca Cola Brand in the Crypto market so there's always a Pepsi like Brand competitor to Eth 2.0 right and if so which Blockchain do you think it will be?

Eth 2 may kill them.

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Which blockchain is the Fastest, Cheapest, Most Secure  Cool? Usually this determines the winner right?

I guess it's Solana. It's fast, cheap. But for security, Ethereum must be the winner.

Crypto experts say PoW is more secure than PoS so how Eth 2.0 which is PoS a winner for security?



I see BSC as the closest "competitor" to Ethereum once they transitioned to POS while Polkadot, Cardano and Solana not too far behind BSC. I have no idea if the other chains on the list have huge followings to even compete.


What's up with Binance Chain & Binance Smart Chain  Huh
Isn't that the native chain? Tokens built there are called BEP-2. They have no smart contract capability and so comes BSC.

But isn't the Binance exchange getting a lot of shady reports from the press, regulators, governments recently? If these entities manage to bring down Binance, for example within couple months back UK has banned Binance, then will this result in BSC failing and collapsing?



IMO, I choosing (BSC & Polygon)-chain.

This chain is the most using chain on the ecosystem who compatible with source code of "ETH", I'm using BSC for alternative transaction & trading and polygon chain for activity of NFTs.

When you say compatible with source code with Eth do you mean it helps the current Eth 1.0 PoW like a sidechain assisting Eth 1.0?

But when Eth 2.0 PoS comes out then will these blockchains still be needed as assistance to Eth 2.0?

Or do you mean Eth 1.0 ERC20 projects will also work on Polygon and BSc for their cheaper fees?



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102  Alternate cryptocurrencies / Altcoin Discussion / Which Blockchain, Platform, Ecosystem will be the Most Competitive for Eth 2.0? on: September 14, 2021, 03:47:27 PM
In lets say the next Bear Market within a year or two.


- Polkadot

- Binance Chain

- Binance Smart Chain

- Algorand

- Solana

- Fantom

- Cardano

- Synthetics

- Avalanche

- Terra

- Cosmos

- Polygon

Any other Popular ones that I missed out on?


What's up with Binance Chain & Binance Smart Chain  Huh

Or will Eth 2.0 kill all above in the list? But then again Eth 2.0 is like Coca Cola Brand in the Crypto market so there's always a Pepsi like Brand competitor to Eth 2.0 right and if so which Blockchain do you think it will be?


Which blockchain is the Fastest, Cheapest, Most Secure  Cool? Usually this determines the winner right? Forgot to include most decentralized too, this factor is the most important over speed and fees for safety and security  Smiley
103  Bitcoin / Bitcoin Discussion / Which Algorithm will still be Surviving, Used & Secure in 25 Years time? on: September 14, 2021, 03:22:05 PM
Pow:

- CryptoNight
- Equihash
- NeoScrypt
- Quark
- Scrypt
- SHA-256
- X11
- X13

PoS:

- DPoS
- Hybrid - PoW & PoS


I understand Bitcoin is PoW and Ethereum 2.0 is PoS which are the most popular ones today.

If in future down the line PoS becomes outdated or unsecure for Eth 2.0 then obviously Eth will evolve to Eth 3.0 right?

Also note Quantum Computers in 25 years time.

Lastly which ones from the list above are the ones to avoid today never mind considering them in 25 years time?

Finally if all above will face there certain obsolete death for a obvious reason that is tech always evolves then if there is a new future unreleased Algorithm that makes all from above list look outdated and unsecure then can the blockchains today hard fork or upgrade to that future algorithm?
104  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 14, 2021, 01:21:27 PM
There are several launchpads right now in different blockchain ecosystems, and many of them are doing well but generally investment in crypto is always NFA (no financial advice). However, personally I've used a couple of launchpads with proven track record of top-tier projects such as Coinlist, MakerDAO's SHO, Poolz, and Polkastarter.

Kindly do your own research because it's your money.

Okay out of Coinlist, MakerDAO's SHO, Poolz, and Polkastarter, which one you personally like the most?
105  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Stablecoin is the most Trustworthy? on: September 13, 2021, 01:56:47 PM
Only a few looks to DAI. But you should guys use it as it is the decentralized stable coins in the market. While most that are very popular today, they're centralized.
Owned by an exchange.

But the SEC is going against UniSwap a Decentralized exchange now. How is this possible when it suppose to be decentralized that is no headquarters or office of operations that can be targeted by the SEC?

On that note above what about decentralized stable coin Dai from MakerDao, if the SEC rules out and say MakerDao is a illegal unregistered security then will this collapse Dai to $0 even though its decentralized? The project team that created MakerDao, where are they based?



Coming back onto the stable coins is another purpose of them is if you hold them then no KYC is required because stable coins are not fiat currency. If you hold fiat currency the exchange might lock your account until you complete KYC. This happened to 1000s of traders on exchanges until stable coins came to remove this inconvenience because old existing regulations say no KYC is required on stable coins.

However... If the upcoming SEC new crypto regulation states if KYC is also required on stable coins then what's the point of stable coins as we might as well go back to fiat currency if we are all required to complete KYC.



Is TerraUSD UST truly decentralized and if so is better than Dai?

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106  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Stablecoin is the most Trustworthy? on: September 13, 2021, 01:41:17 PM
Getting mixed responses in this thread saying USDT Tether is a scam or Tether is trustworthy otherwise why most people use it then  Huh

Let me remind you guys a purpose of a stablecoin is to be always stable at $1 at 100% of the time except for black swan events when the price of a stablecoin may increase or decrease by up to 5% but still comes back to $1 stable price.

However if stablecoins crashes below 90 cents for more than a day then its a no longer classed as a stablecoin and this stablecoin will collapse to $0 as trust in its stability has been lost  Shocked



Lets say for example that the auditors/regulators has found that USDT Tether has printed tokens out of thin air that are not backed by the fiat $dollars, from there what will happen to USDT on the basis of this news?:

- Is it possible for a stablecoin to crash to 0?

- Will centralised exchanges start delisting USDT in light of this news?

Do not trust this centralized exchange, they will do anything just to stay on the good side of the government, the moment Usdt get some big accusations from the government, they will start delisting so they do not get questions as well. Remember what happened to ripple, they did not get the judgement go against them but already they were been delisted form all exchanges.

USDT is he worst of all the stablecoin currently trading in the market and very soon they will be exposed of all their shitty activities. I would not advise anyone transacting with them when there are better alternative out there like DAI etc.

So you think the SEC will bring a case against Tether like they did with ripple however the case against ripple hasn't crashed xrp to $0 because the case is still ongoing nearly a year now with no judgement from the judge in court yet.

How can the SEC bring a case against Tether when Tether is based in China out of the USA jurisdiction law? Even if somehow the SEC has launched a case against Tether then will the price still remain stable at $1 until the judge gives judgment against it which may take a year or longer depending the complexity of the legal case like ripple.


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107  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 09, 2021, 07:09:08 PM
Okay the coinlist status of the token now is:

You are in the line for the Token Option 1 Sale:

The Token Option 1 Sale has started. Due to excessive traffic at this time, you are in line. When it is your turn, you will have 10 minutes to enter the site. Thank you for your patience.

Number of users in line ahead of you: 104664

Your estimated wait time is: more than an hour



So my position is 104665 of the queue that will take more than 1 hour Shocked?

That means once its my turn, I only have 10 mins to buy? So I have to be glued to my laptop screen till its my turn or will coinlist send me a sms notification to my phone when its my turn?
108  Alternate cryptocurrencies / Altcoin Discussion / Re: New to Cardano Ada Alonzo Hard Fork - DeFi, DEX, Smart Contracts & Apps on: September 08, 2021, 09:56:34 PM
Everybody has head of 'ERC20' under the Ethereum Ecosystem.

What's the ERC20 for Cardano? CRC20 Huh
109  Alternate cryptocurrencies / Altcoin Discussion / Re: Ugh, There's gonna be another 5000 new Alts released under Cardano Ada on: September 08, 2021, 07:17:11 PM
Everybody has head of 'ERC20' under the Ethereum Ecosystem.

What's the ERC20 for Cardano? CRC20 Huh
110  Alternate cryptocurrencies / Altcoin Discussion / Which New Project you will Choose under the Cardano Ecosystem? on: September 08, 2021, 07:14:38 PM
From the following link:


Which will be in the top 20 and remain in the top 20 competing with Ethereum top ERC20 projects in the next bull market starting in 2024-25?

Or will Eth 2.0 kill Cardano? Eth 2.0 fees be cheaper than cardano?
111  Alternate cryptocurrencies / Altcoin Discussion / Re: New to Cardano Ada Alonzo Hard Fork - DeFi, DEX, Smart Contracts & Apps on: September 07, 2021, 09:21:31 PM
Anyone know how I can invest in SundaeSwap?
112  Alternate cryptocurrencies / Altcoin Discussion / Ugh, There's gonna be another 5000 new Alts released under Cardano Ada on: September 07, 2021, 12:03:36 AM
Cardano Alonzo hard fork end of this week bringing defi, dex's, apps, smart contracts, bringing a whole new cardano ecosystem.

Theres 1000s of Altcoins ERC-20 tokens that have been released under the Ethereum ecosystem that have been scams and they have cluttered up coinmarketcap and coingecko.

The same will happen to Cardano and soon we will see 20,000 cryptocurrencies available to buy on coinmarketcap & coingecko that will scam billions off the retail investors  Angry

The question is how do we find the best cardano defi app coins tokens that will stay in the top 20 ranking competing with ethereum and its multi $billion ethereum projects like Uniswap and Terra and many more Huh

Cardano defi apps tokens fees will be super cheap compared to Eth defi until Eth 2.0 comes out.
113  Alternate cryptocurrencies / Altcoin Discussion / New to Cardano Ada Alonzo Hard Fork - DeFi, DEX, Smart Contracts & Apps on: September 06, 2021, 11:48:08 PM
Hi,

If I hold Ada before and after the hard fork at the end of this week then will I get a free 1:1 airdrop of the new Alonzo Ada? Like Bitcoin cash did to bitcoin holders back in Aug-Sep 2017?

On coinmarketcap where can I see cardano dex's or if they are not released for the public market then where can I buy ada dex's tokens?
114  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 06, 2021, 10:35:12 PM
few months ago pancakeswap and bake had a lauchpad for new tokens, but now with so many products being over-pumped at the start it's causing the new projects to be out of balance and leaving them fragile in a matter of days. maybe that's why pancake and bake no organize a token lauchpad again.

That depends whether its a bull market cycle correct?



So you can see 41% of the token are already held by private holders. And the 5% is just upcoming on coinlist so 5% is nothing compared to 41% who can dump and crash the market price  Shocked

I've been participating in the various sale of coinlist since last year started from casper, mina and etc. I can give you a small explanation about that.

As far as i know, if the dump can happen when the vesting period for the tokens that have already been bought by the early backers or buyers already unlocked but the problem is when there was a VC that was investing on it. As far as i know that tokens bough by VC will be unlocked before the public buyers. that means VC can take the profit.

What does 54% Community incentives & rewards mean?
That means if there will be a reward and incentives for the community just like earning through staking, yield farming, etc.


If a token can be locked/time restricted then the token is not truly decentralized right?
Basically, the token was not decentralized as it totally depends on the code on the smartcontract. The blockchain that is used as the parent chain for such a token makes it decentralized. I meant like token issued on the decentralized network or blockchain.

Confused so if I buy in that private sale on coinlist then what am I classed as a investor? A venture capitalist or retail investor public buyer Huh

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115  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 04, 2021, 10:08:42 PM
But the private sale is for 5% of the total supply. 5% dump is not enough to crash the market price of the token so why they put time restrictions on the 5% private sale buyers?
You can also ask the project owner or the team why but my guess is its for long term. Like the tokens I have before where it is locked for a certain time.


What does 54% Community incentives & rewards mean?

If a token can be locked/time restricted then the token is not truly decentralized right?


As you can read it, It is what it is. It will be used to reward people depend on what the platform offer like earn more tokens if you hold a x total of tokens in your wallet or a reward for finding bugs and many more. They don't want the 54% goes to investors and other buyers as it can cause a decrease in price as mentioned before. Locked/time restricted tokens are decentralized. Locking or time restricted doesn't mean its not truly decentralized it is to prevent or maintain the value of an asset. Locking/time restricted tokens cannot be traded or sent to another wallet.

Okay POS coins are all minted from the start. So the 54% is used to reward holders for staking their coins? And depending on how high the APR or APY % yield for staking will determine how long this 54% will last for right?

So this project want holders to stake their coins lock up total value locked instead of selling to keep the price stable or high? But who's going to stake their coins tokens  just before a bear market starts  Huh



First, I think you will do well avoiding posting in a row like you just did. You can merge your comments or quotes by editing your earlier post to accommodate the second one.


Give us a idea on what are stringest measures of qualifications required? Do you have to be a accredited investor status or angel investors who are professional investors?

Im just a retail investor.
Besides the KYC thing, there's also the tiers for allocation rounds to be met ranging from Bronze to Diamond categories. All that I find herculean for average investors to meet up with.

Can you shed some light on which projects altcoins where cheaper in the public market in compared to the private sales held on BSCpad?
For want of space I will leave you with one recent one. In the pic, the top one is the price that token was sold on BSCPAD while the second one is the current price on Coingecko. What that means is that at the current price one can have 10 of the same token for $0.64 while it sold on the pad for way more at 8.33 tokens for 1 BUSD (BTW, 1 BUSD is an equivalent of $1). At a point, Fanadise even went down to $0.04 after listing.



Shall I assume bronze category is for retail investors?

Do new projects that have been launched on BSCPAD get listed afterwards on the Binance public market exchange?

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116  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 04, 2021, 06:09:25 PM
What do you mean tokens are locked within a certain period of time? Does it mean these tokens are centralized not decentralized where a office can lock control the tokens I bought?

But but the private sale on coinlist is just 5% of the total supply. 5% is nothing and if those 5% token buyers dumped it all it will just be 5% off market price not a proper crash dump.
It is their way to not let the dumpers do what they do best to dump the tokens they own that can decrease the price. I have a token before and they locked it for a certain time and later on it is now unlocked and can buy or sell. You will be able to know it when the team of the project announced that the token is now unlocked.

But the private sale is for 5% of the total supply. 5% dump is not enough to crash the market price of the token so why they put time restrictions on the 5% private sale buyers?

Here's the token distribution of this upcoming new project on coinlist:




So you can see 41% of the token are already held by private holders. And the 5% is just upcoming on coinlist so 5% is nothing compared to 41% who can dump and crash the market price  Shocked

What does 54% Community incentives & rewards mean?

If a token can be locked/time restricted then the token is not truly decentralized right?





But for me coinlist is the best researcher for top projects.
Oh, for real? I will take a look at that; now that someone on the top echelon vouched for it. I thought BSCpad was the most credible, may be I mistakenly assumed that because I based its reputation on what Binance as an exchange has achieved.

It's not easy to get into Launchpad's private sell. some launchpads require to buy their tokens by tier to determine how much allocation they can get.
That's true. I once tried getting on the BSCPAD when I discovered at what ridiculously low rates investors were buying unlisted tokens compared to when they finally get listed. The ROI was tempting and I was highly tempted to give it a try, even though I had vowed not to buy into any project until it's listed on the market. I gave up the idea once I saw the stringent measures for qualification. However, I have discovered lately that such ROIs may not be there any more as I have bought some tokens mentioned on the BSCPAD recently cheaper than their prices were during private sales.

Give us a idea on what are stringest measures of qualifications required? Do you have to be a accredited investor status or angel investors who are professional investors?

Im just a retail investor.

When registering for the upcoming new project on coinlist I have to do a online quiz/exam where you have to answer questions on the project and the terms of the private sale. Shocked

Can you shed some light on which projects altcoins where cheaper in the public market in compared to the private sales held on BSCpad?



How does a retail investor like me fight with ventures to get a slot? Is it like a auction?

What good ventures you know of?
Not really. Auction is a kind of fair launch, where you win if you pay higher than others. Bounce Certified is a platform of this kind. Meanwhile private sales are in favor of huge investors. Private sales prices are always much better than public sales.

Some well known ventures include Coinbase Ventures, Binance Labs. Following their portfolios might bring you some profit.

Coinbase Venture & Binance Labs allow retail investors? I'm not a millionaire or a rich investor who is accredited or has angel investor status. I'm not Michael Saylor  Grin

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117  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 03, 2021, 09:36:06 PM
Please explain linear release terms. If I pay full upfront for tokens then I should get all these tokens delivered right in 1 delivery straight away so what's this linear release where I get them slowly because I'm paying full upfront not in monthly instalments like a debt mortgage payment  Huh

As far as I know, that's not how many token distributions work. The distribution of tokens are structured in such a way as to protect the price of the token itself. So, yes, you are correct that all your tokens won't be given to you in full immediately upon payment. I also remember there were distributions made in full but the tokens are locked within a certain period of time.

You cannot expect the project to just release all the tokens at once. Remember that all those who joined the private sale are buying the tokens at a discount. The moment the market is opened to the public, the price of the tokens are offered higher. The tendency if you give all the tokens to all those who joined the private sale is that there will be a huge dump afterward.

What do you mean tokens are locked within a certain period of time? Does it mean these tokens are centralized not decentralized where a office can lock control the tokens I bought?

But but the private sale on coinlist is just 5% of the total supply. 5% is nothing and if those 5% token buyers dumped it all it will just be 5% off market price not a proper crash dump.
118  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 03, 2021, 12:43:01 AM
So for coinlist its random investors chosen and theres no way to get more priority over others to buy the private sale tokens?
No there’s no way to get more priority than others. The sale mechanism ensures users placed in the waiting room are given a random spot in the queue when the sale starts. Users who arrive late to the sale will be placed behind those in the waiting room. From my experience securing an allocation  is very difficult because demand is very high. The site is usually congested on sales day and it takes a longer time to login.

You have to patiently wait for your turn, there is no guarantee that you will be able to invest in a project of your choice. There will be a lot of instances when you will miss out. It is just like a lottery system, investors are chosen randomly and not first come first. Coinlist still is better than the other launchpad available in the market. It is better to be an early-adopter than an investor nowadays. Think for the long term goal and not the short term.

So all popular reputable crypto launchpads are like this that is a random lottery?



So for coinlist its random investors chosen and theres no way to get more priority over others to buy the private sale tokens?
No there’s no way to get more priority than others. The sale mechanism ensures users placed in the waiting room are given a random spot in the queue when the sale starts. Users who arrive late to the sale will be placed behind those in the waiting room. From my experience securing an allocation  is very difficult because demand is very high. The site is usually congested on sales day and it takes a longer time to login.
Lets say round one private sale is 9 million tokens.

You mean investors who bought in round 1 don't get the full 9 million token straight away but instead get 3 million tokens each month starting from the 20th Oct 2021, then another 3 million on nov 20th, then another 3 million 20th dec? So the investors paid in full upfront for 3 separate later date deliveries?

There are usually two or three sale options Option 1- Option 3. Some token options have a 2 year linear release terms. Tokens purchased under the terms in each Option will be released at Least monthly or at shorter intervals. There is a limit to the amount of tokens one user can buy I think the maximum is $1000 per account. If you register for a token sale and by chance you get selected, delay in payment will result in a permanent ban



Does the payment automatically gets deducted from my funding balance wallets on there or I have to manually send payment? So its like eBay if you win the auction u got to pay right?

Please explain linear release terms. If I pay full upfront for tokens then I should get all these tokens delivered right in 1 delivery straight away so what's this linear release where I get them slowly because I'm paying full upfront not in monthly instalments like a debt mortgage payment  Huh

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119  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New to Launchpads advice on: September 02, 2021, 10:54:41 PM
Okay I just completed KYC on coinlist and can see 2 upcoming token project sales.

What does this mean?:

3-mo linear release starting on / around Oct 20, 2021


There's a cheaper round 2 sale but a 6-mo linear release.


I use CoinList also. They have a good reputation and they do sufficient research on their listed projects.
3-mo linear release starting on / around Oct 20, 2021
Usually there’s a pattern of distribution of the tokens. I think this one is for 3 months and the latter is for a 6 month period. What it means is you will be given a certain amount of the token for every month for 3 months or if you choose the latter you receive x amount of tokens for 6 months
The problem with CoinList is you might not get the chance to buy the token on sales day. CoinList has a unique system where users are randomly selected to be in a waiting room- a queue to purchase token, downside is the tokens may be sold out before it gets to your turn. DYOR


Lets say round one private sale is 9 million tokens.

You mean investors who bought in round 1 don't get the full 9 million token straight away but instead get 3 million tokens each month starting from the 20th Oct 2021, then another 3 million on nov 20th, then another 3 million 20th dec? So the investors paid in full upfront for 3 separate later date deliveries?

So for coinlist its random investors chosen and theres no way to get more priority over others to buy the private sale tokens?
120  Economy / Service Discussion / CoinMarketCal and OpenSea sites advice on: September 02, 2021, 10:34:08 PM
I understand CoinMarketCal is news showing latest blockchain updates for altcoins and OpenSea is for NFT's.

On Coinmarketcal how do I filter out all the noise in my search and only list the most relevant important news in my search results?

On Opensea how do I search and filter out so I can find the best buy NFT's in my search results? NFT's that be worth $$$$$$$$ in the future or in this current bull market?

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