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Author Topic: | STRATIS | The first blockchain developed for businesses |Full POS  (Read 1891135 times)
BiteMyShinyMetalAss
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June 25, 2017, 10:19:01 PM
 #14201

98M+ exists now; but inflation is 1%
so 1%+ on the top of 98M each year

there is no upper limit like by btc it is 21M

Oh, i see. I have to read about this staking, as i have no clue. So who confirms the blocks? There is no mining at all, so how is the blockchain maintained?

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BiteMyShinyMetalAss
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June 25, 2017, 10:19:57 PM
 #14202

no
the point is that the staking must be done online
mining also can not be offline

during the staking, like during the mining, your hardware is processing and verifying the transactions of the network

So the wallet with STRATIS that do the staking must be online all the time? 

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June 25, 2017, 10:29:00 PM
 #14203

98M+ exists now; but inflation is 1%
so 1%+ on the top of 98M each year

there is no upper limit like by btc it is 21M

Oh, i see. I have to read about this staking, as i have no clue. So who confirms the blocks? There is no mining at all, so how is the blockchain maintained?
It is all done by the stakers. You can imagine stakers roughly as miners. But instead of a lot of HW+electricity they need just the coins. The staking can be on very shit HW like raspberry pi.
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June 25, 2017, 10:29:58 PM
 #14204

no
the point is that the staking must be done online
mining also can not be offline

during the staking, like during the mining, your hardware is processing and verifying the transactions of the network

So the wallet with STRATIS that do the staking must be online all the time? 

yes
if it is not you are not staking and not getting rewards
and even if the staking wallet gets back online it takes many blocks until is starts getting rewards again
r_victory
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June 25, 2017, 11:15:05 PM
 #14205

Get ready for the price drop to stock up a bit for long-term holding.
Price should fall, as Ethereum will strike back now.
Just my opinion.

Stratis has a consistent growth, without rising too fast. Correct and continue to climb. reaching the ETH price, I will be very happy.


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amalgal
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June 25, 2017, 11:45:38 PM
 #14206

Just think of it, STRAT at 0.01 -  that will be the day!  Cool

just think about china market than start will be 0.05  Cheesy
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June 25, 2017, 11:56:47 PM
 #14207

Why should anyone invest in Stratis? Why would anyone should use stratis if business will be allowed to use the side chains? I just got some stratis, but started to think it was a big mistake...

My first post here...hello everybody Smiley

So, about Stratis...

Businesses will always use Stratis sidechains (or private chains), so that they cannot ever mess up the mainchain with shoddy smart contracts and crappy decentralized applications (That's by the way what happened with Ethereum few days ago).

All Stratis sidechains are fueled by Strat tokens. That's how businesses pay for the use of the Stratis blockchain service.
It's called BaaS - 'Blockchain as a service'. That is Stratis's business model in a nutshell.

Stratis provide very easy and fast way for companies to test, develop and implement customized sidechains for their particular needs.

So, Stratis is actually a platform. It has solved the problems what Bitcoin protocol and Ethereum has (scaling etc.) - and it has already implemented the best of the both of them. Stratis can also test, develop and implement new features without breaking everyone's business.
So it can evolve faster without politics getting in the way (which is a bit of a problem with Bitcoin - to say the least).

Someone said, that 'Stratis is future proof'. And I agree.
It's like a 'Bitcoin 2.0'



niksdt101
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June 26, 2017, 07:37:57 AM
 #14208

no
the point is that the staking must be done online
mining also can not be offline

during the staking, like during the mining, your hardware is processing and verifying the transactions of the network

So the wallet with STRATIS that do the staking must be online all the time? 

yes
if it is not you are not staking and not getting rewards
and even if the staking wallet gets back online it takes many blocks until is starts getting rewards again

my current staking rates gets me one @ roughly 4-5 days. seems its time to rack up more stratis
Geekphazm
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June 26, 2017, 08:27:09 AM
 #14209

Don't sell guys, it is time to buy more cheap coins in dip, I don't worry about the future, we will go up eventually.
Khilone7
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June 26, 2017, 09:04:07 AM
 #14210

https://twitter.com/Khil0ne/status/879263020819640320
JUSTDLISK
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June 26, 2017, 09:31:42 AM
 #14211

everyone is going to cry for selling their Stratis for so low.
What are people thinking?
Lets recap.

1. Stratis has a proffesional & dynamite team
2. Stratis has a unique and innovative tech
3. Stratis introduces blockchain to millions of C developers
4. Breeze wallet will handle millions of bitcoin transactions per year. Stratis master node holders will gain a percentage of these transactions.
5. Once smart contracts are released by the end of year, Stratis will be the biggest competitor to Ethereum.
6. Stratis core developers include an genius ex bitcoin core developer.
7. Stratis can scale better than Ethereum. Transactions are not a problem.
8. Stratis is fundamentally better than bitcoin and most other cryptos in my opinion.
9. Stratis model should position itself as a leading BAAS crypto for businesses in which Stratis consultancy will help businesses every step of the way.
10. Stratis has close links with Microsoft.

Alot more other points but i can't be bothered to explain to people how this is the best and most promising coin on coin marketcap.
This is straight up a top 3 coin.
Its valuation by the end of the year should be atleast 4 billion dollars.


marviner
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June 26, 2017, 09:51:16 AM
 #14212

Don't sell guys, it is time to buy more cheap coins in dip, I don't worry about the future, we will go up eventually.

I just bought a bit more Strats.

 
Watercooler
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June 26, 2017, 09:52:28 AM
 #14213

Don't sell guys, it is time to buy more cheap coins in dip, I don't worry about the future, we will go up eventually.

I just bought a bit more Strats.

 

Me 2  Grin


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marviner
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June 26, 2017, 10:15:14 AM
 #14214

Me 2  Grin

Smiley

Strats are the only tokens I have (and invest) at the moment.
Some say, that 'don't put all the eggs in the same basket', but in my opinion, there's simply no good alternatives in cryptomarket currently.

Bitcoin is slow, bloated, and scalability problem doesn't seem to be solved ever.
Ethereum is fragile and has similar scalability problems - and it's way overpriced - especially when no real business actually uses it for anything!
It seems to be just a launchpad for new ICO's (which will in turn cause ether blockchain to crash every now and then).

Most of the other altcoins simply have nothing special or new to offer.

Stratis is a major improvement for the whole cryptofield. It has actual reason to exist.

That's why I invest in it - long term.
TommyofLeeds
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June 26, 2017, 10:41:35 AM
 #14215


Hi, I'm new to crypto (bad timing I know), and I'm researching some coins I need to believe in. Stratis seems great, but I don't understand much about the crypto world. So, can somebody answer me a few questions, please:

1. If I only buy but do not stake, what does this mean?
2. How do I stake and how much do I get in reward % of my investment.
3. If I dont stake, what would happen with my investment?
4. Where is the safest place to store my investment?
5. What is the difference between coins and tokens?

Sorry for the newbie, dumb questions, but I'm on a crash course of crypto.
memii
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June 26, 2017, 10:57:03 AM
 #14216

I just am following the changing situation without buy/selling more since my last buying is still at half of the price than current. There is nothing to be worried because Stratis is one of the very few markets resisting and holding good floor in comparison to others. We will need of some updates to rise again after things turning to normal in markets.
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June 26, 2017, 12:44:33 PM
 #14217

With the opportunity to buy and scoop some more Stratis at this low price comes in a rare moment . So I grab it while the price is relatively low.
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June 26, 2017, 01:17:36 PM
 #14218


Hi, I'm new to crypto (bad timing I know), and I'm researching some coins I need to believe in. Stratis seems great, but I don't understand much about the crypto world. So, can somebody answer me a few questions, please:

1. If I only buy but do not stake, what does this mean?
2. How do I stake and how much do I get in reward % of my investment.
3. If I dont stake, what would happen with my investment?
4. Where is the safest place to store my investment?
5. What is the difference between coins and tokens?

Sorry for the newbie, dumb questions, but I'm on a crash course of crypto.

1. If you do not stake it means you can use any stratis wallet, not just the one that allows staking. It means that your walet is not open to the world, but it also means you will not get the staking reward and you will not support the network.

2. You stake by installing one of the special wallets and keep it connected to the internet. You get at least 1% p.a. of Stratis staked.

3. Not sure what you mean by "investment". Again: if you do not stake, you do not get the reward/interest. That is it. Not staking is like to have cash in your pocket. You get no interest but nobody knows you have it, unless you tell them. Staking is like to have money in bank. You get interest on the top, but the money is visible to many banks or states.

4. Without staking is the safest place probably Ledger Nano, hardware wallet. But if you are an IT expert then it might be different. It is hard to reply to this question. It is like "what is the safest car?". Maybe Hummer is, maybe Volvo is, but the question is where and for which purpose always.

5. I am not 100% sure here, but there is no difference. Just some coins are called tokens, because coins are usually associated with paying. But tokens have different or broader meaning. Stratis can be def called a token.
Kazadar
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June 26, 2017, 02:38:38 PM
 #14219

5. What is the difference between coins and tokens?
5. I am not 100% sure here, but there is no difference. Just some coins are called tokens, because coins are usually associated with paying. But tokens have different or broader meaning. Stratis can be def called a token.

Coins usually have their own blockchain. Tokens uses other the blockchain of another coin.
At least that is the general rule.

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June 26, 2017, 02:54:39 PM
Last edit: June 26, 2017, 05:02:09 PM by GaleRecoN
 #14220

Looks like upward trend and support around 0.0027BTC broke. Next stop 0.0022...It's funny because that's where I join the Stratis train about month ago. Still holding though.

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