Bought some on Liqui before price goes to the moon, or no  |
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What about translation bounties?
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how will distribution take place? ico?
ico? afaik: - No ICO planned, as everybody will be able to get some RDX for some of its crypto once launched. - Early backers from previous private internal rounds will just have a bonus factor. distribution? afaik: Elastic supply model and fees for the running nodes activities, managed by the decentralized Radix client. I think it will be developped in future WP regarding client / economy etc. Answer: The original goal and plan: None. Not needed. Perfect plan, if not changed. |
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how will distribution take place? ico?
ico? afaik: - No ICO planned, as everybody will be able to get some RDX for some of its crypto once launched. - Early backers from previous private internal rounds will just have a bonus factor. distribution? afaik: Elastic supply model and fees for the running nodes activities, managed by the decentralized Radix client. I think it will be developped in future WP regarding client / economy etc. What percentage of initial Radix supply will hold developer team? |
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You will be surprised how high it will go. Definitely, not for peasants without patience!
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Kind of anecdote: Two to five years for Ethereum to solve most scaling issues
Buterin further emphasized that it would take two to five years to solve the majority of scaling issues in Ethereum. In contrast to other Blockchain networks that are designed to handle specific tasks, the Ethereum protocol was developed to operate as a framework and infrastructure for decentralized applications.
Hence, it is far more difficult and complicated to solve the underlying scaling issues with Ethereum. But, the Ethereum Foundation and developers in the open source Ethereum development community have been working on numerous solutions to effectively scale the network.
Vitalik Buterin, Ethereum co-founder comments:
“I would say two to five, with early prototypes in one year. The various scaling solutions, including sharding, plasma and various state channel systems such as Raiden and Perun, are already quite well thought out, and development has already started. Raiden is the earliest, and its developer preview release is out already.”
Recently, Buterin openly criticized Raiden and its development team for running an ICO for a project that does not need ICO tokens. In response, Buterin announced that he will personally develop a private fund to provide capital to open-source and non-profit scaling projects in Ethereum. https://cointelegraph.com/news/vitalik-buterin-explains-flaws-in-icos-and-scaling-issues-in-ethereum |
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Deciding on how people are happy about this the launch of Radix should be the date of blockchain RIP.
Seems really interesting if legit. As I understand technology behind Radix is tested and works with real company.
I'm waiting more details on economics and ICO.
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The price of Stox crashed dramatically, however, I think that we have reached the bottom already. Let's see how things will change if bull market starts again.
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Great news and congratulations to BTV team! I'm an early investor in this project, everything is just starting.
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I don't think so, it could reach 0.10 cents but definitely not to the Moon  and it is good long term.
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According to slack, they are still relocating to New Zealand.
That's why there wasn't much communication.
A new newsletter is supposed to come out soon.
The month is now running out and nothing yet from the team, the team need to learn how to manage community participation, it is not very good to leave investors in the dark, it doesn't speak well of the team If they are serious company, as they positioning themselves, they must have community manager! |
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I like this idea about native debit card you can use at any point of sale with existing infrastructure. So, it means I can have Radix tokens with low volatility index and spend my balance anywhere with card that costs me only $25? No maintenance fees? As I understand Radix converts my tokens to EUR or USD or other fiat currency instantly?
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You finally now have a solution to end all other projects and their partial attempts at a solution.
I can understand your excitement after finishing 5 years job but I would guess it is a little bit too early to bury blockchain. If Radix will work in reality as you suppose it should work, it means that blockhain only lasted for 8 years. If yes, I want to see faces in Silicon valley speaking about "the most disruptive technology after invention of the internet" |
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[...] you must incentivise people to spend their tokens as much as they can.
one dynamic to consider that helps with "spending" (vs "holding") that goes with a crypto that doesn't reward spending directly is: to the same extent that holding is rewarded, so too is the motivation by merchants to give discounts to those buying with that crypto. So in theory, spending will be encouraged indirectly because merchants will want to hold that crypto compared to other currencies... and so on throughout the digital economy. Merchants will have many other reasons besides "interest payments" to give discounts to buyers, too. So spending Radix probably will happen naturally, IMO. I think it is impossible to encourage spending just by merchant rewards. First, you need merchants to accept technology (it won't happen soon). Secondly, it is impossible that merchants will hold any kind of crypto just for speculative reasons. If you pay with BTC, actually, they are converting it in fiat instantly! Crypto is not in competition with fiat IMO. For everyday use fiat is the best and it will stay. |
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I've read whitepaper 2 times yet can't understand nothing. My blame I'm not a technical guy but reading about how BTC or other crypto (ETH, NEM, Waves etc.) works I was able to understand underlying technology.
I was following this project for about a year and I think it is very interesting to see how it works in reality. Because testing in "lab" environment is not the same as "network effect".
I have just one concern regarding scalability (on par with VISA levels) and rewards to Radix token holders. If you have the best solution for scalability you must incentivise people to spend their tokens as much as they can. But if model of Radix is based on rewarding token holders, theoretically, you can't expect people to spend their tokens. Hodling is encouraged even more because of low volatility index. Having this in mind we just don't need VISA scalability levels in hodling incentivised model. In your situation Radix should motivate its users to spend because of network capacity to scale but I see the opposite - users are incentivised to hodl and receive rewards. As I can understand low volatility (~3%) will prevent from large trading manipulation and holding tokens is much more profitable than day trading? So, how are you going to solve this problem (if it is a problem for you at all) and encourage people to spend their tokens even if they are aware that they lose their interest? Probably you should reward both sides - holders and spenders. For example, NEM is encouraging users to spend their tokens by increasing user significance on the network. It is logical because you can reach network growth only by rising transaction number. Probably you should rethink your model and incentivise people to spend Radix tokens by rewarding them in some way?
p.s. think about glossary in your whitepaper. It could help not technical people to understand the main concepts.
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People, especially newbies with fake accounts, are spreading FUD here because they have only goal - to harm price and buy cheap. Hodlers should understand if you don't sell price will go up. IMO it is going through $1 this year.
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The best way is to diversify your holdings and, for example, 80% of your portfolio keep in alts because you can get bigger returns.
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it will be huge, you put lambo in this and get out ten lambos, surely
I still can't understand how foolish some newbies could be. Lambo dreams everywhere around us and people are saying "we aren't in a bubble". It is kind of strange to me. |
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It seems that LMC is ready for leg up. Breakout is clear. Be ready to add more to your position |
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If you have 1k to invest I suggest you to look for low cap coins. 1ST could be good enough to invest for middle term and get big gains. If you can wait more (1-2 years) I suggest you to buy ZRX.
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