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1  Economy / Economics / Can online platforms like Youtube and Facebook really be decentralized? on: November 20, 2019, 09:05:49 PM

I started to learn about crypto two months ago. Bitcoin, Monero, Ethereum etc. make total sense to me.

I can't, however, understand why it would make sense to decentralize large online platforms like Youtube and Facebook. Or let's say: I don't understand how this could work.

Bitcoin has a decentralized ledger where all transactions are stored. How would that ledger look for a decentralized Youtube or Facebook?

Or am I missing something? Does decentralization mean something different in this regard?

Thank you!

PS: I'm asking because I again and again read headlines that say something along the line of "everything will be decentralized".
2  Alternate cryptocurrencies / Speculation (Altcoins) / DXChain Token - pump and... ? on: November 11, 2019, 06:07:24 PM

See the latest pump: https://coinmarketcap.com/currencies/dxchain-token/

It actually looks like a valid project with a great value proposition.

Anyone know more about it?
3  Alternate cryptocurrencies / Altcoin Discussion / Will POS lead to Ethereum's centralization (like EOS)? Why? Why not? on: November 08, 2019, 06:32:14 PM
See above Cheesy
4  Economy / Economics / Distribution of coins across holders? on: November 08, 2019, 05:10:22 PM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.
5  Alternate cryptocurrencies / Altcoin Discussion / Why is noone talking about V Systems? on: November 07, 2019, 08:03:10 PM
This must be the most high profile altcoin that noone talks about.

As a (wannabe) cloud storage provider, dapp platform, led by Sunny King, one would expect it to create more hype. But its reddit is dormant, it has relatively few followers on twitter, etc.

Anyone know why that is the case?
6  Alternate cryptocurrencies / Altcoin Discussion / Will Cosmos and Quant become a pair like Windows and MacOS? on: November 04, 2019, 07:38:48 PM
They both describe themselves as some kind of internet for blockchains.

Please explain to a non-expert: Can only one suceed? Or both?

And can a layman compare them to an OS like Linux, Windows, MacOS?

Thanks
7  Alternate cryptocurrencies / Altcoin Discussion / let's dig into a shitcoin together (Dimension Chain EON) on: November 04, 2019, 11:53:01 AM
My current hobby is to look at new coins / tokens and decide whether they smell like shit or not (disclaimer: I only do this in the digital world).

Currently looking at Dimension Chain EON (https://coinmarketcap.com/currencies/dimension-chain/) and their description looks like the result of an exam where you have to put as many fancy words as possible into one paragraph:

"Dimension aims to build a next-generation enterprise-grade blockchain network service, by using C.H.A.O.S. (hybrid consensus, dynamic node, and cross-consensus engine) and DeCommerce service framework (decentralized storage system, decentralized computing framework, and decentralized data trading platform). With the adaptive functionality of the multi-sidechain model, Dimension-X, Dimension aims to satisfy the needs of different business scenarios. It also features a community governance system, which aims to facilitate a more efficient and friendly blockchain environment and ecosystem."

But a look at their website reveals a team and, yes, indeed, also a plan. Scimming the whitepaper, however, leaves me more confused than I was before (now what do they want to achieve? decentralized commerce? some big data thing? something else?); and most importantly, they haven't published much code.

So after 10 minute looking at this coin (it's my goal to never need more than 10 minutes to identify a shitcoin), my conclusion: stay away from this one. I wouldn't say it's a scam, but a project that doesn't know what it wants and how to achieve it.

If you also had a look at this coin, please share your shitsights!

Moreover, I know that I might be wrong and if that's the case, I'm really sorry (and dumb).
8  Alternate cryptocurrencies / Altcoin Discussion / If you follow developers, Lisk is booming, if you follow users, Lisk is dead. on: November 03, 2019, 10:32:42 PM
Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.
9  Alternate cryptocurrencies / Altcoin Discussion / "Centrality" for decentralization? on: November 03, 2019, 06:21:19 PM

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing Smiley and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?
10  Alternate cryptocurrencies / Altcoin Discussion / Difference Ravencoin & 0x? on: November 03, 2019, 02:12:05 PM
Hi there,

still a noob, so to me, 0x (DEX protocol that allows the transfer of assets) looks very similar to Ravencoin (tokenized assets), but they are never mentioned as each others' competitor. Why? Can anyone explain to me what I'm missing?

Thanks, Ralf
11  Alternate cryptocurrencies / Altcoin Discussion / Can an expert tell me how to identify a shitcoin (example: Insight Chain) on: November 02, 2019, 04:00:39 PM

Hi there,

rather new to crypto. Currently looking at Insight Chain (http://www.insightchain.io/ & https://coinmarketcap.com/currencies/insight-chain/).

Now this smells like a shitcoin (pump and dump), but (as a noob) I can't really put my finger on why this is the case. There's a website, whitepaper, twitter account, etc. But all what they are saying doesn't make much sense, though not being a blockchain expert, I might simply not understand what they are saying.

To some more experienced cryptofans out there: How would you go about deciding whether an altcoin is a shitcoin (ideally using the example of Insight Chain)?

Thanks!
12  Alternate cryptocurrencies / Altcoin Discussion / Is BAT the DOGE killer? on: November 02, 2019, 02:41:38 PM

Basic attention token also allows to tip content creators. But it offers much more than Dogecoin (e.g. a new advertising system).

What do you guys think? Can DOGE and BAT coexist (e.g. due to different user groups) or will BAT make DOGE obsolete?
13  Economy / Scam Accusations / MEXC token - scam? on: October 30, 2019, 05:59:53 PM

Hi there,

found MEXC among highest market cap coins on coinmarketcap and was surprised to never have heard of it. Anyone know something about it?

The website looks neat, but the bluepaper is shallow and I don't understand why they'd need a blockchain...

https://mexc.life/

Thanks.
14  Bitcoin / Bitcoin Discussion / Satoshi Nakamoto, here's an idea for you (if you are still out there): on: October 29, 2019, 03:35:38 PM

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas). 

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).
15  Other / Beginners & Help / Curated list of upcoming ICOs, IEOs, STOs on: October 24, 2019, 11:46:39 PM
Is there any?
I'm rather new to crypto and would love to do fundamental analysis for upcoming coin releases.
Anyone know a site that is curated on a regular basis?
Much appreciated! This forum is a great place (much nicer people than on reddit).
Ralf
16  Economy / Trading Discussion / Noob needs portfolio tracker recommendation! on: October 24, 2019, 06:32:51 PM

Hi friends,

looking for a browser-based portfolio tracker where I can add different exchanges via an API.

I then would like to see my complete portfolio (sum of everything on different exchanges), including the share of the total amount each coin amounts to.

I'm only investing a small amount, so a paid service isn't worth it. I'm not a speculator, but joined this community as I want to learn more about cryptocurrencies and blockchain (I'm a data scientist).

Thanks! I've spent 2-3 hours searching, but haven't been lucky thus far.

Ralf
17  Other / Beginners & Help / a noob's questions on: October 21, 2019, 07:02:24 PM
Hi friends,

I'm trying to learn all about crypto, but can't wrap my head around two things I'm observing:

How is it possible for me to sell and buy on binance within seconds if every transaction has to be recorded in a block (and it takes about 10 minutes to validate the next block).

How can it be that prices on all exchanges are more or less the same? Let's say, someone sells 100 bitcoin on binance for a price way below the market price. Why doesn't the price on this exchange drop far below the price on other exchanges?

Thank you!
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