| STRATIS | The first blockchain developed for businesses |Full POS

[adhitthana]

One other thing... I honestly don't believe the claim that Ledger added Strat out of the goodness of their hearts (which was claimed at the time). I believe the integration was paid for, and passed off as "we're just so good that Ledger added us for free!" ...

Do you have any evidence for that. It sounds like you have gone from being too positive about the coin to the other extreme now, where you are seeing everything negatively.

Stratis had Nic Dorier on board from an early time, and an idea that was different enough. I don't see any reason to say or insinuate that the Stratis team misled people.

Personally I think the price really has some work to do if it is going to go up.

The thing that I suspect is that so many people bought so many at lower prices that this situation needs to unwind.

I had a lot of Stratis at one time but have been  selling for some time, buying some back at times but always selling more. I have less than a third of what I had when it peaked, but like all these projects the price is driven by psychology and supply and demand. We are getting close to a good buy area I think...but m'eh I could be wrong it's hard to know with these things.
It's very common for the mood to get very negative at good buying points....just as when the coin peaked people on here were thinking it would never stop "

We can see this in this thread. As the price falls and remains weak, people come and say "I told you so" they say the team is dishonest (but don't supply evidence) they criticize more strongly.

We see this phenomenon repeated over and over in markets everywhere, not just crypto

[shade_wrath]

For price to rise in crypto, you need FUD/hype/Announcements and development. Both goes hand in hand. Strat rose sharply before but there are other projects out there which people think worth investing in and with better prospects of return for time being. So definitely investors gonna abandon and jump on another band wagon.

[SuWide]

Is there any chance to get Startes @ www.binance.com ?
Its the rising star in the exchange world.

[iktisatci]

Is there any chance to get Startes @ www.binance.com ?
Its the rising star in the exchange world.

No $STRAT 

[adhitthana]

Stop taking the piss.

When they started, Masternodes and anon was a big thing, which it isn't anymore. It may even become a felony to use stuff like that, under rising regulation. Vendors could be obliged to provide backdoors for law enforcement. This might not fit in with the delusional points of view of most of your team members and cheer leaders, but its the truth, and you better face it, since you were starting as a strictly commercial project. Bad decisions, kind of a failure, but Chris probably has no choice without losing his main poster boys.

Anonymity is still going to be a huge thing for any business using blockchain technology, which is why JP Morgan were researching ZCash.
Do you really think there wont be a deal struck?
Do you really think blockchains will be used with no anonymity going forward?
This why Stratis explored this so they could provide this service to businesses who want to use this kind of distributed ledger.
Businesses will in the future be able to hide what they do from you and I, but not from the government...or are you imagining something else?   If so what are you imagining?
Chris Trew realised this. He realised that he would would need to provide that. Think about this from the point of view of a business.

Now this doesn't mean that Stratis will succeed or that the price will go up, but it explains what they are doing

[Khilone7]

https://twitter.com/Khil0ne/status/898811714224967680

[adhitthana]

Now... I'm looking back. Stratis has just been a staking QT wallet, for most of this time. Like holding Blackcoin, but without all the hype/marketing. It seems like Chris just jumps on whatever bandwagon is fashionable, and claims Stratis will have that too.

Fro goodness sakes. Stratis is aiming to be a platform. A widely used platform. Why wouldn't they want add these features?

Do you imagine they want to build a platform and not have them?

The Breeze wallet is looking good - don't get me wrong. But the only value it gives to Strat is the fact you need Strat for masternodes - a function which seemed to be tagged on during the masternode craze started by PivX.

I don't think so. It has to do with tumblebit and providing anonimity

And now Chris is saying there'll be an identity function to rival Civic's... it all seems a bit too bold, but not in a good way.

Again, why would they not...
1) want this available for their customers
2) want to have the best one?

Doesn't it make sense for them to do it?

I get a sense that things are just being made up as they go along, and the value is driven by pure hype and promises.

Everytthing in crypto is driven by hopes and promises. This is an experiumental new technology. Stratis is one of the experiments. It might succeed it might not.
They signed up their first business. I think that was a great positive. There is little doubt that a blockchain can be a huge help in a business like fishing, where the chain of custody is so important

The fish thing... I'm undecided on. I guess it's a bit 'boring', and certainly doesn't align with the "we have all these great partnerships coming up!" hype. But it's better than nothing, I guess.

All successful endeavors start small...don't they?
How many other crypto coins have paying customer? Not many if any. Can you name one?

[revelacaogr]

blockchain always stops in block 40319 when syncing...
anyone now why?

[adhitthana]

Why did Stratis want anonymity?

Here is Jamie Dimon in early 2016 I think. "Bitcoin will be worthless"

https://www.youtube.com/watch?v=hb3AWedkdwo

Yet not much more than a year later J.P. Morgan partnered with the ZCash team.

https://www.coindesk.com/jpmorgan-partners-zcash-team-add-enterprise-security/

The largest bank in the world has partnered with the makers of zcash to provide a new layer of privacy to the users of its enterprise-grade blockchain.

Chris Trew understood the importance of this, and so looked to provide a solution for Stratis customers.

However to optimise Tumblebit you can't have too many masternodes so they went for 250,000 Stratis per MN. Mind you Stratis was a lot lower when they hatched that idea

[cryptonia]

How many other crypto coins have paying customer? Not many if any. Can you name one?

I was interested in that too. I asked here.

https://bitcointalk.org/index.php?topic=2092751.msg20908032#msg20908032

[BTCWagering]

Is there an existing Stratis side chain which demonstrates how a potential business integration would work, and somehow utilize the STRAT token? Even on a testnet?

Do side chains use the Stratis token primarily, for fees, or what? Most businesses need predictability / control when it comes to anything financial. Whereas I understand why banks will be using Ripple XRP in the future (it ultimately lowers their costs and allows them to interoperate), it's unclear to me what the complete value proposition to businesses is for Stratis.

Is it more likely that businesses would just run their own main chain and ditch STRAT altogether if they liked the codebase?

There's a lot of hoopla about C# this, .NET that, but it's not enough. Privacy features are not enough. Side chains are not enough. It has to be clear as daylight why the exact details of the platform are attractive to businesses. They're not going to just invest and enrich STRAT holders for the sake of it. They have plenty of other options now.

[callback]

Stop taking the piss.

When they started, Masternodes and anon was a big thing, which it isn't anymore. It may even become a felony to use stuff like that, under rising regulation. Vendors could be obliged to provide backdoors for law enforcement. This might not fit in with the delusional points of view of most of your team members and cheer leaders, but its the truth, and you better face it, since you were starting as a strictly commercial project. Bad decisions, kind of a failure, but Chris probably has no choice without losing his main poster boys.

Anonymity is still going to be a huge thing for any business using blockchain technology, which is why JP Morgan were researching ZCash.
Do you really think there wont be a deal struck?
Do you really think blockchains will be used with no anonymity going forward?
This why Stratis explored this so they could provide this service to businesses who want to use this kind of distributed ledger.
Businesses will in the future be able to hide what they do from you and I, but not from the government...or are you imagining something else?   If so what are you imagining?
Chris Trew realised this. He realised that he would would need to provide that. Think about this from the point of view of a business.

Now this doesn't mean that Stratis will succeed or that the price will go up, but it explains what they are doing

Sure, privacy is a vital feature, but probably not on public chains. There's a crackdown on encryption coming, already in the making. Look at Russia outlawing the use of VPNs. Any such tech in that realm could be outlawed, people using it would risk jail time.

JP Morgan won't run anything on the ZEC chain, they may use the tech and run it private on their own infrastructure, keeping full control over the keys.

Enterprise customers don't want their data out in the wild, even if its encrypted. As I said, the solution Microsoft announced is amazing, it fits seamless into existing forests, building on already existing trusts and policies, on an infrastructure/machine level which is already scaled to the needs of the particular customer. Integrating the advantages of blockchain storage wherever applicable, mostly under aspects of immutability and automatic replication. Its much more BaaS as Stratis or any other platform alone could ever become. Its a game changer. Whether Stratis' core chain software is of any use in that environment is to be seen. Of course, its totally against what Bitcoin's main idea stands for, decentralisation. But commercial customers couldn't care less. So shouldn't Stratis, but they do.

[callback]

Is there an existing Stratis side chain which demonstrates how a potential business integration would work, and somehow utilize the STRAT token? Even on a testnet?

Do side chains use the Stratis token primarily, for fees, or what? Most businesses need predictability / control when it comes to anything financial. Whereas I understand why banks will be using Ripple XRP in the future (it ultimately lowers their costs and allows them to interoperate), it's unclear to me what the complete value proposition to businesses is for Stratis.

Is it more likely that businesses would just run their own main chain and ditch STRAT altogether if they liked the codebase?

There's a lot of hoopla about C# this, .NET that, but it's not enough. Privacy features are not enough. Side chains are not enough. It has to be clear as daylight why the exact details of the platform are attractive to businesses. They're not going to just invest and enrich STRAT holders for the sake of it. They have plenty of other options now.

Chain inter-operability will be a big thing. Thats why I shifted some dough into ARK.
XRP is also noteworthy in that context, but I don't think the price of the token will be affected much by any developments.

[Khilone7]

https://twitter.com/Khil0ne/status/898899236204531716

[BTCWagering]

He really clinched it there with the WW2 reference. How does Trump factor in?

[dragonomon19]

time to hold.

[elmeijera]

time to hold.

Time to buy more you  mean!

[tommy163]

You guys don't buy more, so let me buy more in dip, we will surely go to 0.01 btc eventually in Stratis' second year.

[iktisatci]

You guys don't buy more, so let me buy more in dip, we will surely go to 0.01 btc eventually in Stratis' second year.

Time to buy guys

[template]

Sell and buy cheaper $4- or hold and stake