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Author Topic: | STRATIS | The first blockchain developed for businesses |Full POS  (Read 1885172 times)
Acetmesis
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January 14, 2019, 02:48:02 PM
 #23781

Hi Stratis, Do you guys have plans to scale Stratis up to 1,000,000 TPS?

                  Huh

The Stratis mainchain will never ned to achieve more tps than it already does, which is a maximum throughput of around 60tps (between 60tps and 70tps, depending on which figures you use to calculate it).

All of the heavy lifting is taken by the sidechains. In this sense, the whole Stratis ecosystem is indefinitely scalable: you can always create another sidechain, if the throughput demands are not being met. So the simple answer to your question is yes, and it's already capable of this if so desired. Sidechains allow the ecosystem to be dynamic, responding to the needs of its usership. If the currently achievable throughput isn't enough, then a new sidechain can be created to suit those increased needs.

The Stratis mainchain is pretty much just for carrying out cross-chain transactions. In this sense, the Stratis mainchain is like the currency layer, layer 1. Sidechains are layer 2 tech, and this is the scaling layer. The mainchain layer will never need to scale in the same way. This is because as those cross-chain transactions increase in volume, so too will they increase in size. As the use of the overall Stratis ecosystem increases, the most economically sensible way of performing cross-chain transactions will be with transactions of increasing size. This may be driven by a few popular applications, or even custodial solutions built on top of sidechains.
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Khilone7
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January 14, 2019, 04:58:18 PM
 #23782

Weekly #53

https://medium.com/khilone/the-unofficial-weekly-stratis-retrospect-53-khilone-b07783f80844

https://twitter.com/Khil0ne/status/1084856718805426177

I AM THE TRUTH
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January 15, 2019, 02:30:24 AM
 #23783

Hi Stratis, Do you guys have plans to scale Stratis up to 1,000,000 TPS?

                  Huh

The Stratis mainchain will never ned to achieve more tps than it already does, which is a maximum throughput of around 60tps (between 60tps and 70tps, depending on which figures you use to calculate it).

All of the heavy lifting is taken by the sidechains. In this sense, the whole Stratis ecosystem is indefinitely scalable: you can always create another sidechain, if the throughput demands are not being met. So the simple answer to your question is yes, and it's already capable of this if so desired. Sidechains allow the ecosystem to be dynamic, responding to the needs of its usership. If the currently achievable throughput isn't enough, then a new sidechain can be created to suit those increased needs.

The Stratis mainchain is pretty much just for carrying out cross-chain transactions. In this sense, the Stratis mainchain is like the currency layer, layer 1. Sidechains are layer 2 tech, and this is the scaling layer. The mainchain layer will never need to scale in the same way. This is because as those cross-chain transactions increase in volume, so too will they increase in size. As the use of the overall Stratis ecosystem increases, the most economically sensible way of performing cross-chain transactions will be with transactions of increasing size. This may be driven by a few popular applications, or even custodial solutions built on top of sidechains.

Hi Acetmesis, Thanks for taking the time to respond to my question.

                                           Smiley

         
bitcoin_diamond
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January 15, 2019, 07:51:14 AM
 #23784

Stratis is really good blockchain i wouldnt be surprised if stratis gets to 50 usd EOY
this blockchain has everything that most dont have.. i would like to see stratis under top 5
i like the fact it has btc built in and privacy wallet as well..
bitcoin_diamond
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January 15, 2019, 08:57:02 AM
 #23785

I never regret investing in this company, dev team completed everything on time.  After the adaptation process, Stratis will explode. we only need patience.

This is not a company you should have to learn about this. This is project and you get no guarantee for your investment so this is totally different concept of investment when head toward any crypto related project.

https://stratisplatform.com/about-us/#stratis-token  

About guarantee you are absolutely right ,  we should only invest what  we can afford to lose.
under to 50 i see most coins are just junk example ( BCASH, Litecoin, and Zcash, SV, binance coin, Dash, Maker and so on )
Investing is always good and safe when you know what sort of thing you are buying...i bought mostly at under 3 to 4 usd but am happy with what is happening around we have to wait till we see some boost from govt and institutions.
With Stratis we have something that is new implementation into crypto world this surely deserves to be under top 10 atleast.. i feel only the new technology thats something new and innovative will last long its even hard to judge for new comers to understand which crypto is better some cryptocurrency have their own function and we just have only few good coins ( BTC, Ethereum , XRP , Ark, Lisk And Stratis )
Acetmesis
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January 15, 2019, 01:16:42 PM
 #23786

Hi Stratis, Do you guys have plans to scale Stratis up to 1,000,000 TPS?

                  Huh

The Stratis mainchain will never ned to achieve more tps than it already does, which is a maximum throughput of around 60tps (between 60tps and 70tps, depending on which figures you use to calculate it).

All of the heavy lifting is taken by the sidechains. In this sense, the whole Stratis ecosystem is indefinitely scalable: you can always create another sidechain, if the throughput demands are not being met. So the simple answer to your question is yes, and it's already capable of this if so desired. Sidechains allow the ecosystem to be dynamic, responding to the needs of its usership. If the currently achievable throughput isn't enough, then a new sidechain can be created to suit those increased needs.

The Stratis mainchain is pretty much just for carrying out cross-chain transactions. In this sense, the Stratis mainchain is like the currency layer, layer 1. Sidechains are layer 2 tech, and this is the scaling layer. The mainchain layer will never need to scale in the same way. This is because as those cross-chain transactions increase in volume, so too will they increase in size. As the use of the overall Stratis ecosystem increases, the most economically sensible way of performing cross-chain transactions will be with transactions of increasing size. This may be driven by a few popular applications, or even custodial solutions built on top of sidechains.

Hi Acetmesis, Thanks for taking the time to respond to my question.

                                           Smiley

         

Always a pleasure.

There are other big scaling considerations as well, which Stratis will need to tackle down the line. Including the costs of maintaining a node as the blockchain grows. These won't become an issue any time soon, but they will need to be addressed if Stratis achieves its potential of becoming one of the most used cryptocurrency ecosystems.
cosmicart
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January 15, 2019, 01:23:22 PM
 #23787

Mistake...
template
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January 15, 2019, 02:56:32 PM
 #23788

( BTC, Ethereum , XRP , Ark, Lisk, Stratis And Rise )

Khilone7
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January 15, 2019, 03:52:18 PM
 #23789

https://twitter.com/Khil0ne/status/1085202819240607744

Over 71,000 Wallets for @stratisplatform: https://chainz.cryptoid.info/strat/#!rich

The majority of those wallets (22.4%) come from the #USA, a
5th place for The Netherlands #Dutch (7.8%) and the last place for Turkey #Turkey need to talk with you about this @bit_gossip 😉

$STRAT #Stratis

Khilone7
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January 15, 2019, 04:48:21 PM
 #23790

https://twitter.com/stratisplatform/status/1085216861896261633

To further simplify the blockchain experience, we offer Blockchain as a Service to help you avoid the expense and complexity of buying and managing your own physical full nodes. Virtual machines ready to run the Stratis Full Node are available on Microsoft Azure.
bitcircle
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January 15, 2019, 06:20:29 PM
 #23791

Stratis is really good blockchain i wouldnt be surprised if stratis gets to 50 usd EOY
this blockchain has everything that most dont have.. i would like to see stratis under top 5
i like the fact it has btc built in and privacy wallet as well..

Potentially it has more better chance to achieve this milestone current time is really hard but who believe in this coin than they are still buying this on all level. At the moment it doesn't matter how long time it could take to bounce back but it will happen one day.
Acetmesis
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January 16, 2019, 11:12:39 AM
 #23792

Great article by Jordan Andrews, lead Smart Contracts dev at Stratis, on modularity in blockchain development:

https://hackernoon.com/the-importance-of-modularity-in-a-blockchain-platform-f9af03b80b80

A few quotations which stood out to me:

"Now it’s important to note that in the case of Bitcoin, modularity isn’t a priority. If you believe you’re building the singular “currency” of the future, why make it easier for others to build with your code? Bitcoin Core is highly integrated, but it has stood the test of time and it works. This is not a criticism of Bitcoin Core’s codebase."

"The most exciting thing about Stratis for me is we’re thinking about building blockchains radically differently. Different consensus algorithms, smart contract executors, wallets, and two-way peg implementations are all features in the one codebase.

Currently you can run — all from the one codebase:

A Bitcoin (PoW) node
A Stratis (PoS) node
A Cirrus (PoA + smart contract) node."

"Moreover, because of how flexible the node is, I’m confident we could build out integrations for Bitcoin Cash, Gold, Private, Doge, Litecoin, etc. in days each. Down the road we could extend this to support even more chain types easily, after some foray into the account model and other features."

Stratis' approach in this area is one which could give them a huge competitive advantage.
Khilone7
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January 16, 2019, 12:38:32 PM
 #23793

https://twitter.com/Khil0ne/status/1085516354025897985

https://hackernoon.com/the-importance-of-modularity-in-a-blockchain-platform-f9af03b80b80?gi=f29cfd121e78

Khilone7
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January 16, 2019, 04:09:28 PM
 #23794

Over time the Stratis community has delivered multiple pieces of pure gold. One of those pieces is the Stratis Projects website made by @crimejoker.

Want to follow all projects on the Stratis platform? https://www.stratisprojects.com/  @Stratisprojects

https://twitter.com/Khil0ne/status/1085569426861244421
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January 16, 2019, 04:39:09 PM
Last edit: January 16, 2019, 04:51:38 PM by bitcoin_diamond
 #23795

Breeze Privacy wallet is an ACE since you can recieve bitcoin and send it anonymously its amazing actually its much better then monero in many ways like you can handle 2 wallets in one.. i wouldnt be shocked if stratis gets to 50 usd by EOY its amazing wallet im gonna keep up my coins till 2020 its gonna be amazing.
its really nice protocol developed by boston university
try breeze privacy it hides your wallet address so well.. am amazed how it works  i guess it works better then monero
https://cs-people.bu.edu/heilman/tumblebit/
Khilone7
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January 16, 2019, 04:51:45 PM
 #23796

The Stratis Blockchain is Decentralized.

Every Full Node executes its own block validation based on the consensus protocol of the Stratis blockchain.

#Stratis $STRAT #Blockchain #Decentralized #Csharp #DotNet

Khilone7
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January 16, 2019, 06:25:09 PM
 #23797

Mediconnect presale has started today utilising the Stratis ICO platform @Mediconnectuk #blockchain #ico #health #pharmacy $STRAT

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January 16, 2019, 06:32:07 PM
 #23798

https://twitter.com/Khil0ne/status/1085605329793155078

Stratis and NEO are two blockchains with C# as their coding language. I took the time to compare them both. What do you think?

muleroaa
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January 16, 2019, 06:52:20 PM
 #23799

https://twitter.com/Khil0ne/status/1085605329793155078

Stratis and NEO are two blockchains with C# as their coding language. I took the time to compare them both. What do you think?



The funds raised for NEO is incorrect.

They had 2 ICO rounds between the 8th of August 2016 and the 7th of September 2016 and raised 6119 BTC. The average BTC price in that period was around $575 so 6119*575 = $3,518,425

ICO escrow address:

https://www.blockchain.com/btc/address/3Q8pgRFtxbUp8wtGbtQqRNXPs1B4i6enu1

https://chasing-coins.com/ico/NEO


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Khilone7
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January 16, 2019, 09:45:33 PM
 #23800

https://twitter.com/Khil0ne/status/1085653980888281089

Thanks to @GarryPas for the article "Tokenisation of assets with Stratis Smart Contracts"

"While markets may have cooled on cryptocurrencies, the technology continues to advance at a rapid pace."

https://medium.com/@garry.passarella/tokenisation-of-assets-with-stratis-smart-contracts-4fbd83d7ba0
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