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Author Topic: [PRL] Oyster Pearl predictions  (Read 11440 times)
tomwalsh (OP)
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December 18, 2017, 05:11:18 PM
 #1

Opening this discussion on Oyster Pearl.

An alternative revenue stream for websites and a decentralised data storage network.

The network is built on IOTA using smart contracts on Ether. Is this the best of both worlds?

Still very new and only on EtherDelta, predictions for 2018?

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 18, 2017, 06:08:41 PM
 #2

PRL is already in U-Coin exchange.. maybe 1$ to 5$..if they would list to big exchange it will be better..

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December 18, 2017, 06:10:36 PM
 #3

I wrote an article about this coin.  I don't do price predictions but this coin has my attention.

Oyster Pearl: A Small Cap Delicacy And Gem For 2018?

Oyster Pearl was an ICO that didn't go so great but the dev team been active detailing how they are going to accomplish their roadmap. There are a lot of risks involved in this coin but for the reason's below, I going to hodl a little bit and see how 2018 treats it.

Oyster Pearl is a ERC20 token that utilizes Ethereums smart contracts as well as IOTA's tangle. It will be used primarily as a decentralized storage ledger. Pearl is unique in that it tackles two problems, burdensome advertisements and reliable decentralized data storage.

We all hate advertisements on websites. I can't stand visiting the webpages of the Wall Street Journal and eBaumsworld (I have diverse taste) and being asked to disable my ad-blocker because they rely on ad revenue. It's annoying but its a necessary evil, or at least it was. Enter Oyster Pearl. Websites will be able to include a single line of code in their web page's code which will use spare CPU and GPU space of their visitors for POW. The POW is two-fold. The GPU will be used for IOTA POW while the CPU will be used for a unique "oyster-hunt POW" which from my understanding, ensure all the Pearls are not instantly made available to the node holders which secures the hosted data. Effectively, the web-page will no longer have to rely on annoying advertisements to generate revenue and the web-page visitor will have a seamless web-browsing experience.

The other bird is decentralized storage. Users can spend Pearls to have their data hosted on IOTA's tangle network. The data is hosted by IOTA node owners. Presently, there is a concern that the IOTA network can be attacked by filling us the disk-space of the nodes. This is particularly a concern for Oyster Pearl because it seeks to host actual data on tangle, which is not what its presently designed for. However, IOTA has an imminent "sharding" development that will resolve this issue. The primary developer for IOTA, CfM has stated that the sharding is basically at their fingertips for release, and suggested that is there were "data pruning" concerns it would just be released in a matter of days (unsure if this was meant to be taken literally because sharding is a major development).

There are some concerns with the project. Primarily that the lead developer, Bruno, is anonymous. There are also concerns arising from the ICO not meeting expectations and future funding of the project. The devs are sitting on a large dev fund and are asking the community for thoughts on how to use it to raise funds, market the coin and reduce the size of the devfund.

All in all, its a risky project but the dev is very active (we all hear that alot but just check out the telegram). He posts technical drawings on how it all works and answers the communities questions quickly and competently. For that reason, I'm putting in a small amount into Oyster Pearl.

USEFUL LINKS
Webpage: https://oyster.ws/ (Oyster - Web Storage)
CoinMarketCap: https://coinmarketcap.com/currencies/oyster-pearl/ (Oyster Pearl (PRL) price, charts, market cap, and other metrics | CoinMarketCap)
Telegram: https://t.me/oysterprotocol (Oyster Protocol)
BitcoinTalk Announcement: https://bitcointalk.org/index.php?topic=2222507.0 ([ANN] OYSTER Anonymous Storage Generates Revenue for Websites)
White Paper: https://oyster.ws/OysterWhitepaper.pdf
Github: https://github.com/oysterprotocol (Oyster Web Storage · GitHub)
Trello (trasks development progress): https://trello.com/oysterprotocol (Trello)
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December 19, 2017, 05:41:30 AM
 #4

I wrote an article about this coin.  I don't do price predictions but this coin has my attention.

Oyster Pearl: A Small Cap Delicacy And Gem For 2018?

Oyster Pearl was an ICO that didn't go so great but the dev team been active detailing how they are going to accomplish their roadmap. There are a lot of risks involved in this coin but for the reason's below, I going to hodl a little bit and see how 2018 treats it.

Oyster Pearl is a ERC20 token that utilizes Ethereums smart contracts as well as IOTA's tangle. It will be used primarily as a decentralized storage ledger. Pearl is unique in that it tackles two problems, burdensome advertisements and reliable decentralized data storage.

We all hate advertisements on websites. I can't stand visiting the webpages of the Wall Street Journal and eBaumsworld (I have diverse taste) and being asked to disable my ad-blocker because they rely on ad revenue. It's annoying but its a necessary evil, or at least it was. Enter Oyster Pearl. Websites will be able to include a single line of code in their web page's code which will use spare CPU and GPU space of their visitors for POW. The POW is two-fold. The GPU will be used for IOTA POW while the CPU will be used for a unique "oyster-hunt POW" which from my understanding, ensure all the Pearls are not instantly made available to the node holders which secures the hosted data. Effectively, the web-page will no longer have to rely on annoying advertisements to generate revenue and the web-page visitor will have a seamless web-browsing experience.

The other bird is decentralized storage. Users can spend Pearls to have their data hosted on IOTA's tangle network. The data is hosted by IOTA node owners. Presently, there is a concern that the IOTA network can be attacked by filling us the disk-space of the nodes. This is particularly a concern for Oyster Pearl because it seeks to host actual data on tangle, which is not what its presently designed for. However, IOTA has an imminent "sharding" development that will resolve this issue. The primary developer for IOTA, CfM has stated that the sharding is basically at their fingertips for release, and suggested that is there were "data pruning" concerns it would just be released in a matter of days (unsure if this was meant to be taken literally because sharding is a major development).

There are some concerns with the project. Primarily that the lead developer, Bruno, is anonymous. There are also concerns arising from the ICO not meeting expectations and future funding of the project. The devs are sitting on a large dev fund and are asking the community for thoughts on how to use it to raise funds, market the coin and reduce the size of the devfund.

All in all, its a risky project but the dev is very active (we all hear that alot but just check out the telegram). He posts technical drawings on how it all works and answers the communities questions quickly and competently. For that reason, I'm putting in a small amount into Oyster Pearl.

USEFUL LINKS
Webpage: https://oyster.ws/ (Oyster - Web Storage)
CoinMarketCap: https://coinmarketcap.com/currencies/oyster-pearl/ (Oyster Pearl (PRL) price, charts, market cap, and other metrics | CoinMarketCap)
Telegram: https://t.me/oysterprotocol (Oyster Protocol)
BitcoinTalk Announcement: https://bitcointalk.org/index.php?topic=2222507.0 ([ANN] OYSTER Anonymous Storage Generates Revenue for Websites)
White Paper: https://oyster.ws/OysterWhitepaper.pdf
Github: https://github.com/oysterprotocol (Oyster Web Storage · GitHub)
Trello (trasks development progress): https://trello.com/oysterprotocol (Trello)

Cant agree more buddy. Great concept combined with a great developer who always takes time to clear any questions the investors has. I am one of the lucky ones who bought a bunch of tokens at about 1/2 cent. Now i can confidently say that 2018 is going to be bright and shine for me.

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December 19, 2017, 06:17:35 AM
 #5

Its price and market cap are super low so has a good chance of doing a 10
bagger in 2018. Got some and will hold for a while.
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December 19, 2017, 07:34:09 AM
 #6

I saw there is going to be something like nodes running, i want to ask how many tokens do one need to run a node, the idea is good but the users are those I don't know


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tomwalsh (OP)
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December 19, 2017, 10:14:27 PM
 #7

Trade volume growth massive today, up to an all time high of $300k. Interest in this token starting to spread suggesting the micro market cap won't last much longer.
I have purchased significant holdings and going to hodl until at least April 2018 and the planned mainnet release.

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December 19, 2017, 11:24:51 PM
 #8

Looking at the EtherDelta order book there are some significant sell walls established at price steps with about 5,000,000 tokens in each.

At current pace of trading the current sell wall should be broken down within a day, then price will push higher.

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December 20, 2017, 12:10:27 AM
 #9

I saw there is going to be something like nodes running, i want to ask how many tokens do one need to run a node, the idea is good but the users are those I don't know
Check out their telegram mate. The dev is really helpful.

https://t.me/oysterprotocol

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December 20, 2017, 06:04:01 AM
 #10

I wrote an article about this coin.  I don't do price predictions but this coin has my attention.

Oyster Pearl: A Small Cap Delicacy And Gem For 2018?

Oyster Pearl was an ICO that didn't go so great but the dev team been active detailing how they are going to accomplish their roadmap. There are a lot of risks involved in this coin but for the reason's below, I going to hodl a little bit and see how 2018 treats it.

Oyster Pearl is a ERC20 token that utilizes Ethereums smart contracts as well as IOTA's tangle. It will be used primarily as a decentralized storage ledger. Pearl is unique in that it tackles two problems, burdensome advertisements and reliable decentralized data storage.

We all hate advertisements on websites. I can't stand visiting the webpages of the Wall Street Journal and eBaumsworld (I have diverse taste) and being asked to disable my ad-blocker because they rely on ad revenue. It's annoying but its a necessary evil, or at least it was. Enter Oyster Pearl. Websites will be able to include a single line of code in their web page's code which will use spare CPU and GPU space of their visitors for POW. The POW is two-fold. The GPU will be used for IOTA POW while the CPU will be used for a unique "oyster-hunt POW" which from my understanding, ensure all the Pearls are not instantly made available to the node holders which secures the hosted data. Effectively, the web-page will no longer have to rely on annoying advertisements to generate revenue and the web-page visitor will have a seamless web-browsing experience.

The other bird is decentralized storage. Users can spend Pearls to have their data hosted on IOTA's tangle network. The data is hosted by IOTA node owners. Presently, there is a concern that the IOTA network can be attacked by filling us the disk-space of the nodes. This is particularly a concern for Oyster Pearl because it seeks to host actual data on tangle, which is not what its presently designed for. However, IOTA has an imminent "sharding" development that will resolve this issue. The primary developer for IOTA, CfM has stated that the sharding is basically at their fingertips for release, and suggested that is there were "data pruning" concerns it would just be released in a matter of days (unsure if this was meant to be taken literally because sharding is a major development).

There are some concerns with the project. Primarily that the lead developer, Bruno, is anonymous. There are also concerns arising from the ICO not meeting expectations and future funding of the project. The devs are sitting on a large dev fund and are asking the community for thoughts on how to use it to raise funds, market the coin and reduce the size of the devfund.

All in all, its a risky project but the dev is very active (we all hear that alot but just check out the telegram). He posts technical drawings on how it all works and answers the communities questions quickly and competently. For that reason, I'm putting in a small amount into Oyster Pearl.

USEFUL LINKS
Webpage: https://oyster.ws/ (Oyster - Web Storage)
CoinMarketCap: https://coinmarketcap.com/currencies/oyster-pearl/ (Oyster Pearl (PRL) price, charts, market cap, and other metrics | CoinMarketCap)
Telegram: https://t.me/oysterprotocol (Oyster Protocol)
BitcoinTalk Announcement: https://bitcointalk.org/index.php?topic=2222507.0 ([ANN] OYSTER Anonymous Storage Generates Revenue for Websites)
White Paper: https://oyster.ws/OysterWhitepaper.pdf
Github: https://github.com/oysterprotocol (Oyster Web Storage · GitHub)
Trello (trasks development progress): https://trello.com/oysterprotocol (Trello)

Good article!

I've also noticed the dev is very communicative and helpful to the community which is a plus

Are there any hints on when the product might be ready for release?

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December 20, 2017, 06:08:28 AM
 #11

Opening this discussion on Oyster Pearl.

An alternative revenue stream for websites and a decentralised data storage network.

The network is built on IOTA using smart contracts on Ether. Is this the best of both worlds?

Still very new and only on EtherDelta, predictions for 2018?
PRL is still a good buy today, im feeling this will boom in 2018 better hodl and keep for long term investments.
Devs are very active specially on telegram, $5 is the cheapest it may climb in 2018.

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December 20, 2017, 08:18:37 AM
 #12

Hey Guys what's my address https://etherdelta.com/ I click 0x number it gave me on creation prompt my key to transfer?
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December 20, 2017, 09:09:52 AM
 #13

Hey Guys what's my address https://etherdelta.com/ I click 0x number it gave me on creation prompt my key to transfer?

Hey what do you exactly mean? Can you make it clearer?
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December 20, 2017, 10:04:14 AM
 #14

PRL is already in U-Coin exchange.. maybe 1$ to 5$..if they would list to big exchange it will be better..

I'm hoping for price to reach this value but I guess it would still takes few months looking on charts the price movement is quite slow and volume is pretty little I had managed to buy on etherdelta on november when they distribute tokens for 0.5 eth 30k prl and Im waiting to make profits good to see it start to pump last week.

Dev's plan to add the PRL on the other exchange and if they could do that they can maximize the tradings of their tokens and possibly it could bring good hype for their coin to gain more value. But seems their are holders who got their tokens from bounty and airdrop still crashing the market and maybe if they are done to dump their balance off, we might see these coin pump harder in future.

BITWIN.

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December 20, 2017, 10:09:01 AM
 #15

I read the article carefully, studied the website too but now I am not sure if it will be wise to invest, when PRL ist between 0.03$ and 0.05$.
Have you Guys an advice for me?
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December 20, 2017, 10:13:25 AM
 #16

PRL is already in U-Coin exchange.. maybe 1$ to 5$..if they would list to big exchange it will be better..

I'm hoping for price to reach this value but I guess it would still takes few months looking on charts the price movement is quite slow and volume is pretty little I had managed to buy on etherdelta on november when they distribute tokens for 0.5 eth 30k prl and Im waiting to make profits good to see it start to pump last week.

Dev's plan to add the PRL on the other exchange and if they could do that they can maximize the tradings of their tokens and possibly it could bring good hype for their coin to gain more value. But seems their are holders who got their tokens from bounty and airdrop still crashing the market and maybe if they are done to dump their balance off, we might see these coin pump harder in future.
Maybe lots of hunters already dispose much of their tokens because movement in etherdelta is not fast like on the first few days after it listed there and bounties are given. I like it when hunters are dumping their tokens after distribution specially if ICO is success and project is realistic and with high potential, those time are always good time to buy coins in bargain price.
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December 20, 2017, 10:52:37 AM
 #17

peoples misusing ethereum blockchain, its not only for fund raising
you should prove your idea before ico,
now its trading lesser than ico price
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December 20, 2017, 10:59:29 AM
 #18

I like the concept of oyster, just bought 1000 and i want more  Tongue
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December 20, 2017, 11:55:22 AM
 #19

I like the concept of oyster, just bought 1000 and i want more  Tongue

Got  ETH   0.015 in the EtherDelta wondering how I go about buying say 1000 find it a little confusing?
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December 20, 2017, 12:29:14 PM
 #20

peoples misusing ethereum blockchain, its not only for fund raising
you should prove your idea before ico,
now its trading lesser than ico price


but this I think contribute a lot on making ethereum platform kicking due ethereum being buy in demand to use as gas in transactions.
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