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Author Topic: That´s the game-changer für the altcoin section  (Read 511 times)
Momimaus (OP)
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February 14, 2017, 01:55:45 PM
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http://www.coindesk.com/jp-morgan-santander-said-join-enterprise-ethereum-blockchain-group/


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February 14, 2017, 02:22:37 PM
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So is this where all the R3 members will end up migrating to? It might not result in any change in valuations for ETH or any other alt, given that they are just going to use the ethereum protocol (instead of bitcoin blockchain protocol).


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February 14, 2017, 02:49:08 PM
 #3

Will using the protocol not support the blockchain? Excuse my lack of knowledge on the subject.
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February 14, 2017, 02:53:14 PM
 #4

So I did some searching and I can find absolutely no mention of this from official sources (ie from Santander or JP Morgan).  Coindesk sites zero sources in it's article (except for citing itself, because that is credible right?), and the only other articles I've found on this cite Coindesk.

I did find earlier articles saying that JP Morgan would be developing on ethereum from some more reputable sources dating from October:
http://www.businessinsider.com/jpmorgan-is-developing-a-new-blockchain-project-2016-10

But guess who they cite? Yup, Coindesk.  They also cite the WSJ, but that is behind a paywall so I can't confirm any of their info

And there is nothing to back up this recent article, nor anything to confirm that Santander is now involved, nor even any evidence that JP Morgan is following through with their plans from October, which was poorly sourced as is.

This one article is not enough for anyone to take this seriously, and looking through other coindesk articles I can see that they rarely ever cite their sources, this whole thing reeks.

Two sources I've found that talk about earlier bank lead blockchain projects

http://www.huffingtonpost.com/david-seaman/ubs-santander-announce-bl_b_11683838.html - "Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature." which means that they will likely not use the ethereum blockchain in the end.

http://www.reuters.com/article/us-banks-blockchain-ubs-idUSKCN10Z147 The most reliable source I've found writing on this, doesn't even so much as mention ethereum.

Until we see official word from either Santander or JP Morgan on this, this should be treated as false information, and even then it likely wouldn't mean they are involved for any reason beyond research purposes
Momimaus (OP)
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February 14, 2017, 04:24:36 PM
 #5


So is this where all the R3 members will end up migrating to? It might not result in any change in valuations for ETH or any other alt, given that they are just going to use the ethereum protocol (instead of bitcoin blockchain protocol).

Looks like it.

It secures funding and development resources for Ethereum. AND of course they want to connect the enterprise blockchains to the public blockchain. IT would limit the oppurtunitys anyway if they won´t.

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Momimaus (OP)
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February 14, 2017, 04:28:30 PM
 #6

So I did some searching and I can find absolutely no mention of this from official sources (ie from Santander or JP Morgan).  Coindesk sites zero sources in it's article (except for citing itself, because that is credible right?), and the only other articles I've found on this cite Coindesk.

I did find earlier articles saying that JP Morgan would be developing on ethereum from some more reputable sources dating from October:
http://www.businessinsider.com/jpmorgan-is-developing-a-new-blockchain-project-2016-10

But guess who they cite? Yup, Coindesk.  They also cite the WSJ, but that is behind a paywall so I can't confirm any of their info

And there is nothing to back up this recent article, nor anything to confirm that Santander is now involved, nor even any evidence that JP Morgan is following through with their plans from October, which was poorly sourced as is.

This one article is not enough for anyone to take this seriously, and looking through other coindesk articles I can see that they rarely ever cite their sources, this whole thing reeks.

Two sources I've found that talk about earlier bank lead blockchain projects

http://www.huffingtonpost.com/david-seaman/ubs-santander-announce-bl_b_11683838.html - "Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature." which means that they will likely not use the ethereum blockchain in the end.

http://www.reuters.com/article/us-banks-blockchain-ubs-idUSKCN10Z147 The most reliable source I've found writing on this, doesn't even so much as mention ethereum.

Until we see official word from either Santander or JP Morgan on this, this should be treated as false information, and even then it likely wouldn't mean they are involved for any reason beyond research purposes

Nice try-

“Moreover, Enterprise Ethereum will build upon the current Ethereum scaling roadmap and maintain compatibility and interoperability with public Ethereum.”

http://www.coinspeaker.com/2017/02/14/microsoft-jp-morgan-santander-others-form-enterprise-ethereum-alliance/
http://coinwelt.de/2017/02/jp-morgan-und-santander-mitglieder-bei-enterprise-ethereum/
http://www.criptomoedasfacil.com/2017/02/jp-morgan-e-santander-anunciam-criar-nova-corporacao-baseada-no-blockchain-do-ethereum.html

Choose the language you understand

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CoinTracking is analyzing all your trades and generates in real time tons of useful information such as the profit / loss of your trades, your balances, realized and unrealized gains, reports for tax declaration and many more. For Bitcoin and over 3000 altcoins, assets and commodities.
Get 10% discount for all packages or create your own affiliate link to get 20% for every sale.
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February 14, 2017, 04:53:48 PM
 #7

This is why Ethereum wil ever be successfull. They are better at business than at coding, so they will always get some partnership so that they stay under the lights.
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February 14, 2017, 07:09:53 PM
 #8

So I did some searching and I can find absolutely no mention of this from official sources (ie from Santander or JP Morgan).  Coindesk sites zero sources in it's article (except for citing itself, because that is credible right?), and the only other articles I've found on this cite Coindesk.

I did find earlier articles saying that JP Morgan would be developing on ethereum from some more reputable sources dating from October:
http://www.businessinsider.com/jpmorgan-is-developing-a-new-blockchain-project-2016-10

But guess who they cite? Yup, Coindesk.  They also cite the WSJ, but that is behind a paywall so I can't confirm any of their info

And there is nothing to back up this recent article, nor anything to confirm that Santander is now involved, nor even any evidence that JP Morgan is following through with their plans from October, which was poorly sourced as is.

This one article is not enough for anyone to take this seriously, and looking through other coindesk articles I can see that they rarely ever cite their sources, this whole thing reeks.

Two sources I've found that talk about earlier bank lead blockchain projects

http://www.huffingtonpost.com/david-seaman/ubs-santander-announce-bl_b_11683838.html - "Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature." which means that they will likely not use the ethereum blockchain in the end.

http://www.reuters.com/article/us-banks-blockchain-ubs-idUSKCN10Z147 The most reliable source I've found writing on this, doesn't even so much as mention ethereum.

Until we see official word from either Santander or JP Morgan on this, this should be treated as false information, and even then it likely wouldn't mean they are involved for any reason beyond research purposes

Nice try-

“Moreover, Enterprise Ethereum will build upon the current Ethereum scaling roadmap and maintain compatibility and interoperability with public Ethereum.”

http://www.coinspeaker.com/2017/02/14/microsoft-jp-morgan-santander-others-form-enterprise-ethereum-alliance/
http://coinwelt.de/2017/02/jp-morgan-und-santander-mitglieder-bei-enterprise-ethereum/
http://www.criptomoedasfacil.com/2017/02/jp-morgan-e-santander-anunciam-criar-nova-corporacao-baseada-no-blockchain-do-ethereum.html

Choose the language you understand

So you post 3 more articles from obscure publishers that don't cite their sources, and that somehow debunks my point?  Nothing you just linked holds anymore water than the original Coindesk article.
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February 14, 2017, 08:48:44 PM
 #9

Didn't think we would actually start to see the main big money houses start to take bitcoin and blockchain technology seriously to start to develop anything like this for it.
Well done in getting to the big wigs of the economic system of where the big investments are.

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Momimaus (OP)
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February 14, 2017, 09:47:02 PM
 #10

So I did some searching and I can find absolutely no mention of this from official sources (ie from Santander or JP Morgan).  Coindesk sites zero sources in it's article (except for citing itself, because that is credible right?), and the only other articles I've found on this cite Coindesk.

I did find earlier articles saying that JP Morgan would be developing on ethereum from some more reputable sources dating from October:
http://www.businessinsider.com/jpmorgan-is-developing-a-new-blockchain-project-2016-10

But guess who they cite? Yup, Coindesk.  They also cite the WSJ, but that is behind a paywall so I can't confirm any of their info

And there is nothing to back up this recent article, nor anything to confirm that Santander is now involved, nor even any evidence that JP Morgan is following through with their plans from October, which was poorly sourced as is.

This one article is not enough for anyone to take this seriously, and looking through other coindesk articles I can see that they rarely ever cite their sources, this whole thing reeks.

Two sources I've found that talk about earlier bank lead blockchain projects

http://www.huffingtonpost.com/david-seaman/ubs-santander-announce-bl_b_11683838.html - "Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature." which means that they will likely not use the ethereum blockchain in the end.

http://www.reuters.com/article/us-banks-blockchain-ubs-idUSKCN10Z147 The most reliable source I've found writing on this, doesn't even so much as mention ethereum.

Until we see official word from either Santander or JP Morgan on this, this should be treated as false information, and even then it likely wouldn't mean they are involved for any reason beyond research purposes

Nice try-

“Moreover, Enterprise Ethereum will build upon the current Ethereum scaling roadmap and maintain compatibility and interoperability with public Ethereum.”

http://www.coinspeaker.com/2017/02/14/microsoft-jp-morgan-santander-others-form-enterprise-ethereum-alliance/
http://coinwelt.de/2017/02/jp-morgan-und-santander-mitglieder-bei-enterprise-ethereum/
http://www.criptomoedasfacil.com/2017/02/jp-morgan-e-santander-anunciam-criar-nova-corporacao-baseada-no-blockchain-do-ethereum.html

Choose the language you understand

So you post 3 more articles from obscure publishers that don't cite their sources, and that somehow debunks my point?  Nothing you just linked holds anymore water than the original Coindesk article.

I see, you don´t want to believe it. But keep an eye at the media, you will get your articles.

CoinTracking.info - Your personal Profit / Loss Portfolio Monitor and Tax Tool for all Digital Coins
CoinTracking is analyzing all your trades and generates in real time tons of useful information such as the profit / loss of your trades, your balances, realized and unrealized gains, reports for tax declaration and many more. For Bitcoin and over 3000 altcoins, assets and commodities.
Get 10% discount for all packages or create your own affiliate link to get 20% for every sale.
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