I found this for you https://sia.tech/ ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Decentralised storage, aka private cloud, aka hold your data on someone elses server. I like the concept, and this project is more delivery and less grandiose claims than some others.
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This is an Asian market play perhaps, both the mainland and the wealthy coastal islands and peninsulas. The appeal to a fully decentralised internet is something almost everybody can love, except TPTB centralists we all suffer day after day, no matter where you are.
If Sun Yuchen and his team can manage to achieve this, Tron is easily worth the market cap of most social media platforms combined with many major traditional media megacorporations, inclusive of news, movies, gaming, gambling, sex, potentially even religion. It is really an amazingly valid concept. What do you think Tron offers that other decentalised web offerings dont? Where is the evidence such a thing has a large market potential? And is it even technically deliverable - you still have to go over the existing Internet infrastructure and nodes likely hosted in existing DC. It certainly does feel like the dotcom bubble.
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TRX is a great investment, hold it, it may go further after launching their app.
You only highlight how poor this project is, people are throw money are pure speculation that something might be good in the future, if the tech is any good and people actually use it (there's half a dozen competitors in an unproven market). This is not an investment, its a gamble.
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Wow such research, great coins. Coinvest ICO is closed. ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Dragonchain is not drgtoken ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Bitfincoin flags as insecure and phishing ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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As incredible as it may seem, Charlie Lee known as Litecoin's founder decided not to hold the coins he created. He announced the sale on Twitter, to everyone's surprise. Since this event, I have lost all confidence in litecoin.
Did you read why he chose to sell? He cited to remove accusation of conflict of interest. All developers should do similar. People criticise other coins where a substantial holding by developers. rightly so.
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For those that have heard of individual stories of blocked accounts, do you also hear of wholesale blocking? i.e. all accounts blocked by a specific bank (so its there policy) or country (so local legislation)? If not, we should conclude this is individual incidence likely due to transactions deemed as suspicious. If you suddenly pull $10k from a foreign source, bank might be suspicious.
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Although the price of TRON continues to rise, as far as I know, this token is Chinese, but Chinese people are very resistant to this token.
Maybe because Chinese are clever and can see this coin is trash, basic errors on their sales pitch, no one would do research and think this is promising, I wouldn't be surprised if the the team dont exist, if they do they've a lot to live up to now. No one talked about it because there's nothing to talk about, and someone or group has pumped this.
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No. As I said earlier, LN is not for spending from small outputs once but rather spending from large outputs in small amounts many times. The common use case scenario is that you put in (for example) 0.01 BTC into the channel with the coffee shop. Then over the course of months or years, you slowly pay the coffee shop 0.00001 BTC per coffee but without actually making any on-chain transactions and paying their transaction fees. Getting into the LN thing, every answer opens up a new question... so you have to tie an amount (from single address) to a establish a channel. Sort of staking? I can see how this can work for regular large payments, say with an exchange, however its a big ask to expect people to do this for small payments. It seems like putting up a credit tab with the shop/bar and you have to hit a minimum spend to make it worthwhile.
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Thus conflicting one the foundations of Bitcoin, decentalisation? After 10 years, we've reinvented the Bank. Nope. Alot of people make this mistake. There won't be much incentive to attempt to make hubs of payment channels. The resources needed to run a Lightning node are little more than running a regular Bitcoin node, i.e. not much. So the routing algorithms can use as many node hops as they like, as charging a discernible fee will only hurt how well your node is connected within the Lightning network. No-one's going to choose to pay high fees with this model, as it's going to be far too easy to find a cheaper alternative. Making a business out of that is going to be tough, it's real race-to-the-bottom economics. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) So back to square 1, we need to pay fees to open the channel each transaction? Or we keep our own channel open (tieing wallet balance) hope our recipient is on LN with an open channel? Like the idea of running a node though, have my old machine for mining that i keep meaning to give a new project.
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Don't know how anyone can participate in this shit and call themselves a crypto currency supporter. They probably don't. They call themselves investors or speculators. They are responsible for most the value increase in Bitcoin the past months.
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now i did research and found i did a big mistake still i bought trx at 0.07$ , hope it will not make me feel bad .
Really? What in your research pointed to being worthwhile, what makes it better than other data sharing coins, like say Siacoin?
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Why is this a good coin? What does it really offer that you couldn't do without it, yet another coin claiming to reinvent the internet (which you cant do when using the internet ... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ) From their website: 1.Date creators (users) will have the fundamental ownership of data, and the internet should be decentralized. This was proposed by doctor Tim Berners-Lee at the time when the internet was born and the original intention for creation of the internet. This is a project worth $12bn? Typos, and basic concept incorrect, WWW is not the Internet!!
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So many see centralisation as a problem. Perhaps many people coming into cryptocurrencies now dont mind?
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To start, lets be rational about something, we should not expect 2018 to see similar growth to 2017. One can hope, and it may happen, but there's no fundamental reason to ensure a repeat performance. Prices may go up a lot, a little, sideways or fall.
So, with this in mind what is likely to be the best hedge for Bitcoin: an altcoin that is likely to follow upward trends but also be resilient to falls, even perform better than Bitcoin should it suffer some significant correction? I'm thinking this will come from the older established coins, Litecoin, Etherum, Dash, etc that have been around and have a bit of solid core usage independent of Bitcoin value or speculation.
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the only thing left is for LN to be adopted more.
LN is still vaporware. It has to be implemented before it can be adopted. Vaporware is strong for something in testing. As you say though it needs adopting, something that apparently hasn't occured for Segwit. I'm growing concerned LN is not going to address real usage problems.
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... It's very likely (centralized) hubs will emerge: you open 1 channel with the hub, and the hub has many other open channels. Say Bob <> hub <> Alice, or Bob <> hub <> exchange <> Alice. As long as you don't close the channel, you can keep using it without paying on-chain fees.
Thus conflicting one the foundations of Bitcoin, decentalisation? After 10 years, we've reinvented the Bank.
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If there's a fee to open/close the channel, and I only make a single transaction with the other party, how is that different to the existing fee structure? If i make regular transfers, do i simply keep the channel open for all future payments (say with exchange)? As far as i can see, LN makes it cheap for bulk tx but not really helping the user with individual tx. I hope i'm missing something.
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I fear that the technical deficiencies in Bitcoin will not be addressed. So much faith is placed in Segwit and Lightning Network, if they do not deliver and have widespread adoption, the reality of Bitcoin becomes incompatible with the ideals of low cost, immediate transactions. Ironcially these issues are keeping alot of value in Bitcoin.
I am now cycling onto other coins, as i take profits its not going back to Bitcoin. How many others are doing likewise? At some point a critical mass of value will have moved to other coins, the demand for Bitcoin could collapse and along with it the price.
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Can anyone mine this coin or only the company building, deploying and supporting the containers. Doesn't sound very decentalised if theres only one owner of the mining.
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Sharkcoin is a terrible name for a lending business. So many errors in the write up, cant work out if this is a spoof or a scam. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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