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aitorp6 (OP)
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September 11, 2017, 03:40:24 PM |
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Hi there
I've read somewhere that the blochchain must be based on free (open) software, that means that the code must be at our disposal. Is this true?
And if it is, are the altcoins without a github account trustworthy. I like to take the the code and give a quick look, in order to check if it's original or a copy of someone's code.
Do you buy token from an ICO without open code?
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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AtheistAKASaneBrain
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September 11, 2017, 03:58:06 PM |
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Hi there
I've read somewhere that the blochchain must be based on free (open) software, that means that the code must be at our disposal. Is this true?
And if it is, are the altcoins without a github account trustworthy. I like to take the the code and give a quick look, in order to check if it's original or a copy of someone's code.
Do you buy token from an ICO without open code?
Not at all... I would never trust something with my money that I cannot inspect myself, or hire some third party coders into auditing. Never trust something you can't see with your money. Crypto is all about open source, if it's closed source it defeats the purpose. |
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sxafir
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September 11, 2017, 04:10:25 PM |
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What coin is in github?
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berrygood
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September 11, 2017, 04:24:58 PM |
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I don't even pay attention to it. Most projects/companies are private and they don't want to publish all their codes with the community.
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VanDerWaals
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Activity: 112
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September 11, 2017, 04:56:34 PM |
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No. If I am going to invest my money into something I want to know what I am buying.
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ticterine
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September 11, 2017, 04:59:32 PM |
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If they have a GitHub, they better be active and the code better work. If they're pushing garbage to a github account just to keep up appearances or commits then it doesn't really matter. All you should care about as an investor is the finished product, regardless of whether or not it's open source.
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Cacingkemi
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September 11, 2017, 05:09:49 PM |
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Not believe but can believe too. I will not put my money if it's not open to each other, but if promise with big profit lure why not only the smallest I put.
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Febo
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Merit: 1288
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September 11, 2017, 05:13:47 PM |
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Hi there
I've read somewhere that the blochchain must be based on free (open) software, that means that the code must be at our disposal. Is this true?
And if it is, are the altcoins without a github account trustworthy. I like to take the the code and give a quick look, in order to check if it's original or a copy of someone's code.
Do you buy token from an ICO without open code?
Most of ICOs are companies. So they dont make opensource. They raise money for a designated project. Those are sort of tokens and not coins. Problem is crypto is that is all so mixed and most people have no ideas how different many "altcoins" are one to another |
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valr
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September 11, 2017, 05:19:39 PM |
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Taking an alternate perspective -
Github repos, commits, PRs, contributions etc. all matter but are not the only criteria for judging an altcoin. Does Ripple have an open-source repo? No. But they are still the #4 crypto in terms of market cap. And their development team is constantly growing. I am sure, if in the future, there are new blockchain protocols that are proprietary and contain IP, we might not see an open-source repo, but that doesn't mean that the project is trash automatically.
Same is the case with Tokens created on platforms such as Waves. You don't need an open source repo for that. Do you think whopper coin (Waves token) from Burger King has a github repo? Does that mean it is trash?
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aitorp6 (OP)
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September 11, 2017, 08:04:52 PM |
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Thank you to all of you.
As a tech guy I like to check the code of the projects I'm going to invest to. I know that many ICOs are made by companies and their code is closed. But I think that other are made by "tech people" that tries to make a good project. I prefer to check if they are good or active coders and if really they are working in the project.
I prefer to trust in that kind of projects, but this is my opinion.
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VTS
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Licensing & Monetizing Digital Content!
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September 12, 2017, 06:52:41 AM |
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for me github is not a trust factor or is influencing my decision. If there is github Ok, I take a look at the code but however the code is proper, interesting or innovative or not, it is not a guarantee that I will join a ico because of github. Also if you develop a sensitive project publishing on github is most likely not going to happen...
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ETCethereum
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September 12, 2017, 07:08:58 AM |
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iam still believe if dev is good and trusted
and then use escrow trusted and good campaign manager, sample use tokenmarket service
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SACofTrees916
Newbie
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September 12, 2017, 08:52:55 PM |
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No GitHub page instantly makes me more skeptical.
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aitorp6 (OP)
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September 13, 2017, 06:42:28 AM |
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No GitHub page instantly makes me more skeptical.
I fully agree with you and that was my question at the beginning. There are other things that make me skeptical such no team information, poor whitepaper or spectacular web based on copy-pasted wordpress templates. |
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