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Author Topic: [ANN][ICO] Sphere - Decentralized Social Networking >200,000 users  (Read 43517 times)
the_donald
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March 09, 2018, 04:35:29 PM
 #2081

What I don't understand about this project is how it can run on Ethereum?

Steemit can do 100k transactions a second and Ethereum can do like 15 per second.

Assuming Sphere uses a tenth of Ethereum's capacity, then Sphere can do like 1.5 transactions per second versus Steemit's 100,000k per second?

Is my math wrong or what am I missing?

Do you need Ethereum gas to do anything on Sphere? Shouldn't Sphere realistically be be built on Eos or Neo or a blockchain that scales?

Or is the plan to just wait and hope that Ethereum finds a way to scale?


I'm not sure if it's just token use Ethereum blockchain and transaction.
The project itself will have its own network, own chain.  If use Ethereum the gas fee is so high

they better develop their own chain, otherwise it's gonna be expensive to use this platform.

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March 09, 2018, 04:50:52 PM
 #2082

I agree that scalability will be an issue here. I have a feeling that developing their own blockchain will be a necessity.

Not for sale.
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March 09, 2018, 05:51:34 PM
 #2083

I agree that scalability will be an issue here. I have a feeling that developing their own blockchain will be a necessity.

The original script does not reveal details about a possible swap to be made, or something of the kind to be created in a short time, but I also believe that, by the promise that the project brings, mass membership expected and already happening, and seems to be something indispensable to a new era, they will need to implement their own chain.
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March 09, 2018, 05:57:32 PM
 #2084

I bet everything on the possibility that Ethereum will come up with the perfect scaling methods. There is so much money involved and the incentive to solve the problem are extremely strong. They will make it happen.

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jonnytracker
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March 09, 2018, 06:17:21 PM
 #2085

I bet everything on the possibility that Ethereum will come up with the perfect scaling methods. There is so much money involved and the incentive to solve the problem are extremely strong. They will make it happen.

a decentralized society needs freedom of its own blockchain, otherwise tokens in Ethereum is not so decentralized in my opinion. It is not just about scaling. If you look at Nexus trying to free itself from internet censorship with its own cube statelite. Its a big dream but they dream right
the_donald
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March 09, 2018, 07:05:20 PM
 #2086

I bet everything on the possibility that Ethereum will come up with the perfect scaling methods. There is so much money involved and the incentive to solve the problem are extremely strong. They will make it happen.

remains to be seen. I certainly hope so, as I'm mostly invested in ETH and tokens.

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March 09, 2018, 07:06:18 PM
 #2087

I agree that scalability will be an issue here. I have a feeling that developing their own blockchain will be a necessity.

The original script does not reveal details about a possible swap to be made, or something of the kind to be created in a short time, but I also believe that, by the promise that the project brings, mass membership expected and already happening, and seems to be something indispensable to a new era, they will need to implement their own chain.

They can always consider this possibility in the future. Meanwhile, the network is growing and I believe an existing one is able to handle everything and they probably have many more pressing issues to concentrate on.

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March 09, 2018, 08:01:44 PM
 #2088

I bet everything on the possibility that Ethereum will come up with the perfect scaling methods. There is so much money involved and the incentive to solve the problem are extremely strong. They will make it happen.

remains to be seen. I certainly hope so, as I'm mostly invested in ETH and tokens.
Etherium has with Vitalik one of the most famous and experienced actors in the whole space. I think he and his team will make this happen.

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March 09, 2018, 08:02:49 PM
 #2089

Sphere airdrop campaign has been listed on Alert Airdrop: https://alertairdrop.com/sphere/

thanks for sharing, that a good marketing and the 50 Sphere i take with me.   Grin
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March 09, 2018, 09:00:07 PM
 #2090

Sphere airdrop campaign has been listed on Alert Airdrop: https://alertairdrop.com/sphere/

thanks for sharing, that a good marketing and the 50 Sphere i take with me.   Grin

Wasn't the airdrop going for some time now or it just started? The amount raised seems to be stalling a bit at these market conditions, they would need to level up the promotion a little bit.

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March 09, 2018, 09:16:13 PM
 #2091



Are you ready for the weekend?  Smiley
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March 09, 2018, 09:24:06 PM
 #2092

What I don't understand about this project is how it can run on Ethereum?

Steemit can do 100k transactions a second and Ethereum can do like 15 per second.

Assuming Sphere uses a tenth of Ethereum's capacity, then Sphere can do like 1.5 transactions per second versus Steemit's 100,000k per second?

Is my math wrong or what am I missing?

Do you need Ethereum gas to do anything on Sphere? Shouldn't Sphere realistically be be built on Eos or Neo or a blockchain that scales?

Or is the plan to just wait and hope that Ethereum finds a way to scale?




The tokens will be used by ad companies to pay for ads or buy things on the market place. It's not like every message will be on the blockchain. I'm also not sure if your numbers are right.

If Sphere the software is not on Ethereum only the token, then how is it decentralized? From what I understand, everything posted on Steemit is actually on a blockchain and Steemit is actually decentralized since the creator Dan Larimer has admitted losing control over Steemit and therefore moving on to Eos.

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March 09, 2018, 09:34:45 PM
 #2093

What I don't understand about this project is how it can run on Ethereum?

Steemit can do 100k transactions a second and Ethereum can do like 15 per second.

Assuming Sphere uses a tenth of Ethereum's capacity, then Sphere can do like 1.5 transactions per second versus Steemit's 100,000k per second?

Is my math wrong or what am I missing?

Do you need Ethereum gas to do anything on Sphere? Shouldn't Sphere realistically be be built on Eos or Neo or a blockchain that scales?

Or is the plan to just wait and hope that Ethereum finds a way to scale?




The tokens will be used by ad companies to pay for ads or buy things on the market place. It's not like every message will be on the blockchain. I'm also not sure if your numbers are right.

If Sphere the software is not on Ethereum only the token, then how is it decentralized? From what I understand, everything posted on Steemit is actually on a blockchain and Steemit is actually decentralized since the creator Dan Larimer has admitted losing control over Steemit and therefore moving on to Eos.
I imagine that they don't want to expend a lot of resources on this and are going to use Ethereum because is a standard.

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March 09, 2018, 09:35:59 PM
 #2094

I bet everything on the possibility that Ethereum will come up with the perfect scaling methods. There is so much money involved and the incentive to solve the problem are extremely strong. They will make it happen.

remains to be seen. I certainly hope so, as I'm mostly invested in ETH and tokens.
Etherium has with Vitalik one of the most famous and experienced actors in the whole space. I think he and his team will make this happen.
The limitation that ethereum has will require a lot of work to be solved but I do believe that ethereum itself have a bright future.
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March 09, 2018, 09:41:27 PM
 #2095

To the Sphere folks, I really want to invest in your ICO because I hate Facebook with a passion, lol.

And Sphere is actually a great name which is important and will give this platform an edge over other decentralized Facebook's coming out.

What I need to know before investing is:

1) Is Sphere actually (going to be) decentralized? Is the entire software going to be hosted on Ethereum (or a blockchain) or is it just the token hosted on Ethereum while the software is run on a central server?
2) Since a successful Social Network will require a lot of transactions per second, how will it scale if it's successful? What happens if Ethereum is unable to scale quickly enough in the future?
3) How is the governing of Sphere going to be decentralized? Will there by a constitution? Will there be voting? Who will get to vote? Or will Sphere the company still control it in the future thereby it won't truly be decentralized?

From what I understand about Steemit:

1) It is actually entirely on a blockchain.
2) The governing is decentralized and the founder has moved on/lost control.
3) It can scale.

If we are just replacing one centralized Facebook with another centralized Facebook that happens to pay users in crypto currency, it's still a big advantage/improvement over Facebook.

However, I would think a truly decentralized Facebook like Steemit that no one controls would outcompete Sphere over time. Thus I'd rather save my ICO money for that if/when it comes out. A big problem however, is that there really are a limited number of GOOD NAMES for social networks. Sphere happens to be a great name. It could pose a threat to Facebook if done right and truly decentralized.

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March 09, 2018, 09:50:49 PM
 #2096

What do you guys plan in terms of marketing to attract people after the ICO? I think that's one of the most important parts for you.

Rigorous
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March 09, 2018, 10:33:04 PM
 #2097

1) Is Sphere actually (going to be) decentralized? Is the entire software going to be hosted on Ethereum (or a blockchain) or is it just the token hosted on Ethereum while the software is run on a central server?
2) Since a successful Social Network will require a lot of transactions per second, how will it scale if it's successful? What happens if Ethereum is unable to scale quickly enough in the future?
3) How is the governing of Sphere going to be decentralized? Will there by a constitution? Will there be voting? Who will get to vote? Or will Sphere the company still control it in the future thereby it won't truly be decentralized?

Really good questions. Their whitepaper is lacking too many technical details that are necessary to answer them. I would suggest the developers add such details to the whitepaper or publish a separate technical whitepaper.

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March 09, 2018, 10:45:31 PM
 #2098

Maybe they really need some marketing, but I do not think it's too aggressive, there's already a big influx of investors that will have that interest, the community is big, and the need to use the network is already great. Perhaps a limitless list to test how many future users are interesting
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March 09, 2018, 10:47:19 PM
 #2099

1) Is Sphere actually (going to be) decentralized? Is the entire software going to be hosted on Ethereum (or a blockchain) or is it just the token hosted on Ethereum while the software is run on a central server?
2) Since a successful Social Network will require a lot of transactions per second, how will it scale if it's successful? What happens if Ethereum is unable to scale quickly enough in the future?
3) How is the governing of Sphere going to be decentralized? Will there by a constitution? Will there be voting? Who will get to vote? Or will Sphere the company still control it in the future thereby it won't truly be decentralized?

Really good questions. Their whitepaper is lacking too many technical details that are necessary to answer them. I would suggest the developers add such details to the whitepaper or publish a separate technical whitepaper.



About question 1: It will never be fully decentralized and I think they said in the beginning that they want to make it as much decentralized as possible, but still there are mods etc. if I am not mistaken so in this case it is not 100%. Or do you just mean regarding where the data will be saved?

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March 09, 2018, 10:47:50 PM
 #2100

I bet everything on the possibility that Ethereum will come up with the perfect scaling methods. There is so much money involved and the incentive to solve the problem are extremely strong. They will make it happen.

remains to be seen. I certainly hope so, as I'm mostly invested in ETH and tokens.
Etherium has with Vitalik one of the most famous and experienced actors in the whole space. I think he and his team will make this happen.
The limitation that ethereum has will require a lot of work to be solved but I do believe that ethereum itself have a bright future.
Ethereum has enough resources to improve the system even thoes limitations are difficult to solve. I also think it has a bright future.

  ▬▬▬▬ ViValid   █   ITEMS' VALUE AND OWNERSHIP IN THE BLOCKCHAIN
every item has a story   █   PRE SALE 14th May 2018                                                
   █   Whitepaper   Twitter   Telegram       
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