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Won't Ethereum's blockchain be more efficient because it's blockchain was built in mind for smart contracts? I think cheaper prices will beat bitcoin's network effect in the long run.
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So what's the big differences between Ethereum and Crypti? If they are pretty similar then I don't know why anyone would choose Crypti over Ether.
Hey, sorry for the late answer. You asked for the big differences, therefore I will only list the bigger items below. Correct me if I'm wrong.  I heavily suggest you watch the Crypti platform preview video and the preview video of our first dapp Encrypti. After you watched them you can understand much better, what I'm talking about below. Ethereum is a smart contract platform, Crypti is a decentralized application platform. Where is the difference? Well, Crypti offers an all-round package for hosting your decentralized applications, registering them on the blockchain and insertion into Crypti's own dapp store. One click on install and another click on launch, and your dapp already opens up in a new window. Ethereum only offers (as far as I know) a backend system, i.e. a system for the logic of decentralized applications. That means with Ethereum alone you can only combine several smart contracts to create the backend code of your decentralized application. After that you have to take care of the frontend, storage and so on for yourself. Take a look at Augur or Gnosis, the frontend is hosted on a centralized server. While at Crypti it will be hosted at a maximum of 101 master nodes. Of course at Crypti you can also download it yourself (a click on install) and launch it locally. Hundreds of sidechains versus one big mainchainAt Crypti you create a new sidechain for every dapp you create. This way the mainchain of Crypti will stay very small and will not get polluted/bloated with unnecessary or dead dapp data. On the other hand Ethereum saves everything on one chain, on the main chain. The future will show which model is better. Yesterday the size of the Crypti blockchain (after 6 months) was 335MB, while Ethereums blockchain size was over 790MB 40 days after launch. I don't want to imagine what happens once there are 1000 smart contracts on Ethereum. The same goes for the gas price in Ethereum, right now it's in a state where it doesn't need to grow. But once there are hundreds of contracts alive it will grow higher and higher beecause the computation power is saturated. Crypti dapps are coded in JavaScript, while Ethereum relies on Serpent and Solidity.I don't have any numbers to back my hypotheses, but there are probably 1M JavaScript developers world-wide. How many Serpent and Solidity programmers are there? A few hundreds maybe, Ethereum created these languages themselves. Crypti relies on a proven language instead to reinvent the wheel. Crypti is running on DPoS, Ethereum on PoWI'm no big fan of PoW and I'm sure there are many more like me. This is a personal preference. If you like DPoS/PoS more, go to Crypti. If you like PoW more (and want to ignore above points), go to Ethereum. Last but not least, here is a comparison table I made in the past days. I will begin to distribute it in the coming days. Gotcha. Thanks for the detailed explanation! I'll definitely look more into Crypti because DAPPs are obviously going to play a big part in the future. |
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So what's the big differences between Ethereum and Crypti? If they are pretty similar then I don't know why anyone would choose Crypti over Ether.
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Does anyone know how to get in contact with ZenMiners? I know it's probably foolish to try to get my bitcoin antminers back at this point:'( but I have to try.
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Can't wait to see how quickly this project can grow once there's enough momentum!
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That's 334397NXT for 1 BTC but that's not on the first days of trading, the price already skyrocketed 10 times. I remember the price being much lower. Probably about .0000003 (30 satoshis) or .0000005 (50 satoshis).
So you could buy a lot of Nxt for few BTC and multiply them with trading (buy lower sell high repeat). I personally make over 800K NXT with about 1 BTC.
Exactly. If you made that much off those wild ups and downs think about how much the person who had a dominant share of that market would make causing those ups and downs. Even though 33 Satoshi is a big difference from 1 or 2 I guess you proved me wrong there. Still think Nxt is pretty shady but I guess that's the awesome part about cryptocurrencies, doesn't matter what one person thinks. Although I'm definitely not the only one to think that way: https://www.cryptocoinsnews.com/bitcoin-core-developer-jeff-garzik-believes-nxt-is-a-scamcoin/ |
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5 people with about 10 sockpuppet accounts each on this anonymous forum received the bulk of NXT. The other 20 forum accounts received just small amounts of nxt as they where told not to sent a lot of bitcoin (the max was 1 btc) Strange fact still remains that you could buy almost the same amount of coins once it hit their exchange... its not like NxT was that expensive that time. With only 10 btc you could almost buy 70% of the coins. Lots of you still don't get it that Monero and Litecoin had the same problems and more. Bitcoin fanboys still mocking every project which is not under control of Bitcoin control freaks. Almost like a cult. HAHAHAHAHA Wow dude. If your going to lie you should do a better job of it! You could literally never buy 70% of Nxt with 10 bitcoins even if it were to crash since bitcoin doesn't divide enough for you to do so. Say 1 Nxt = .00000001 btc or 1 satoshi (the smallest possible unit of bitcoin) then you could buy 100% of the Nxt network for 10 btc. If 1 Nxt = .00000002 or 2 satoshi then 10 btc would buy 50% of Nxt's network. But ok let's say you were just talking in generalities. Show me the exact exchange, date, time and include a picture cause I'm calling BS. Prove me wrong if your not lying. |
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If NXT was a scam. It's a pretty good elaborate one..... Hell, its the most successful scam in pumping out quality features vs EVERY other coin out there.... seriously...
Like I said, most elaborate scam ever:
Could be a mix between the two. Maybe I'm viewing this too black and white when it's more of a gray situation. |
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zanzibar man I'm above insulting other people so you can keep insulting me all you want but your just making yourself look bad. Furthermore it's funny to me that you keep saying I'm so stupid but you just reinforced my argument even more. For the original dev to take over 40% he would only need 8.4 btc so he wouldn't even have to be rich to accomplish what I'm saying. Plus if he wanted to make it symbolic why not 210, 2,100 or 21,000 btc which would be a way more realistic IPO. Not saying I know for sure NXT is a scam but neither do you and I'll answer your question after you answer mine. What part of that scenario couldn't potentially happen?
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Only trolls are low enough to insult others. I simply state the facts but I tell you what, I'll take back everything I said if you can prove this scenario couldn't happen:
Say I'm a dev and I see peercoin's Proof-of-Stake (PoS) algorithm and I believe I can do better. I have the idea to use PoS and combine it with a marketplace for all cryptocurrencies. Let's say I name this cryptocurrency NXT. Since I'm a smart anonymous developer I realize hmmm what if I were to create multiple bitcointalk.org accounts and distribute NXT between some of the well known developers but still keep a majority myself by using my multiple accounts to make it seem like I'm several people at once. Lets say I accomplish this and own 40% of NXT. Then Since I easily have the most NXT I start manipulating the market by having huge sell offs then buying up more while its cheaper. Each time I do this I control more and more of NXT making it easier and easier to manipulate while I'm gaining profits the whole time by controlling the volatility.
Now please someone, anyone, tell me specifically how that can't happen and I'll admit I'm wrong.
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fairness is a fake concept which has no place in capitalism
if u dont know this then u are delusional. there is no fair cryptocurrency, this is hyprocite talk
look at bitcon its the worst obviously. fairness is such a joke anyway. there is no such thing as fairness in this world
For the record bitcoin is not the worst in any way, NXT is! With bitcoin it was impossible for Satoshi Nakamoto to control the distribution of bitcoin, therefore anyone could join in early and reap the benefits. NXT's initial distribution was 100% CONTROLLED! Idk why anyone would buy any type of currency that was 100% controlled but then again the federal reserve got away with it.  I guess we have to accept most people on this planet are on the verge of being mentally retarded without the ability to think for themselves and I don't mean that as an insult but more a fact. My vote is for Horizon which has a fair distribution and is even better than NXT because of it's true peer-to-peer market. Hahaha. Don't you have other things to do than trolling on a thread that no one is watching ? I guess no. How sad is your life... I never heard about "Horizon" but thanks to you, everyone seeing your comment will think it's a piece of shit. What a great advertising you did, good job. HAHAHA Yeah your right, my life is very sad but I guess you can say the same thing about yours then.  You commented on this thread too. You can try to insult me all you want but the fact that you do just means I won the debate to any person who can see through bullsh*t. I will admit NXT has good programming behind it but no sane person is going to trust anonymous devs who, I'll say it again CONTROLLED 100% of the initial distribution! |
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fairness is a fake concept which has no place in capitalism
if u dont know this then u are delusional. there is no fair cryptocurrency, this is hyprocite talk
look at bitcon its the worst obviously. fairness is such a joke anyway. there is no such thing as fairness in this world
For the record bitcoin is not the worst in any way, NXT is! With bitcoin it was impossible for Satoshi Nakamoto to control the distribution of bitcoin, therefore anyone could join in early and reap the benefits. NXT's initial distribution was 100% CONTROLLED! Idk why anyone would buy any type of currency that was 100% controlled but then again the federal reserve got away with it. I guess we have to accept most people on this planet are on the verge of being mentally retarded without the ability to think for themselves and I don't mean that as an insult but more a fact. My vote is for Horizon which has a fair distribution and is even better than NXT because of it's true peer-to-peer market. |
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SuperNET isn't NXT, and SN distribution has absolutely sod all to do with NXT distribution. So, nope, that doesn't fly.
And as for SN having anon devs, there are plenty of non-anon thieves around, so that argument doesn't work either.
My argument wasn't that there aren't any non-anon thieves. I'm just wondering why somebody would trust a fintech system that does not give any of the devs names? If their project is so legit why would they not take credit for it? I can understand Satoshi's anonymity in exposing revolutionary blockchain technology but cats already out of the bag so why wouldn't devs stand by their creation and stake their reputation if their product is really that legit? yeah I don't trust Bitcoin because Satoshi valued his privacy and we don't know his identity  Ripple labs just got fined by the government for $750,000, so privacy does have value. Literally just said I understand Satoshi's anonymity because of safety reasons. If I created a program that could undermined the federal reserve I would fear for my life as well. Ripple isn't the best example because how it functions is different than most cryptocurrencies and they started off as a company. I don't need to start a company to write a piece of code that others can choose to support or not. It would be incredibly difficult for any government to prosecute a couple coders who decided to create software that anyone could run and technically be a part of. Furthermore, I really don't like the anonymous unfair distribution of NXT which basically is the backbone of the superNET. In reality, there's no way of determining the integrity of the anonymous creators who also control the distribution of their cryptocurrency. With bitcoin it was impossible to control the distribution therefore the only thing that really matters is the code. |
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Glad to see Ethereum join the Blocknet!  |
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SuperNET isn't NXT, and SN distribution has absolutely sod all to do with NXT distribution. So, nope, that doesn't fly.
And as for SN having anon devs, there are plenty of non-anon thieves around, so that argument doesn't work either.
My argument wasn't that there aren't any non-anon thieves. I'm just wondering why somebody would trust a fintech system that does not give any of the devs names? If their project is so legit why would they not take credit for it? I can understand Satoshi's anonymity in exposing revolutionary blockchain technology but cats already out of the bag so why wouldn't devs stand by their creation and stake their reputation if their product is really that legit? |
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Can someone explain to me
I don't understand why the value keeps dropping on the exchanges? This coin has a good development team and community this coin should be be around 100 to 150 or more . not 66-73 .....
I don't understand either! Excited to buy while it's this cheap though |
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Why would people trust SuperNET when NXT's distribution was only split up between 73 account holders? Also I don't know one superNET dev to come out and publicly state who they are. If you would rather trust unfair anonymous devs over fair known devs be my guest but don't blame the Blocknet when NXT and the superNET fails. |
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What is everyone's prediction for when bitcoin becomes over $1,000 a piece? My bet is by the end of September 2015 |
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I received the same email too |
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Ethereum, MaidSafe, Horizon
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