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Author Topic: How much do you think it costs to build a blockchain?  (Read 255 times)
Orses_Network
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May 15, 2018, 03:07:29 PM
 #21

Free to do yourself. As cheap as $10 to get someone to do it for you.

$10? for a whole blockchain? i don't even think forking an existing code would be that cheap.
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Manoj94
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May 15, 2018, 03:15:14 PM
 #22

Building a Blockchain can be costly or cheap. It depends on what is purpose of Blockchain. For commercial level you need a great team. For personal purpose a simple blockchain can be build by a Single person.
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May 17, 2018, 08:21:38 PM
 #23

You can build your block chain, but the point is do you have the ability to?
As for me that I think if we want to cost building a blockchain  by the way transaction fees are decided in most cryptocurrencies today, Chepurnoy said, users are incentivized to overuse some data, making blockchain full node software grow and become more cumbersome to spin up and run - which he argues is a bad thing, since full nodes are the most secure way to interact with the bitcoin network. Beside that we must work hard to build a blockchain.
Patatas
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May 17, 2018, 08:38:19 PM
 #24

Free to do yourself. As cheap as $10 to get someone to do it for you.
Isn't that sounds a bit vague ?  It all depends on what OP implies as "Build a Blockchain".If he means he has to set every algorithm up from scratch, certainly it isn't easy or a $10 job.I understand if forking from a chain is what you meant but still creating it from scratch is no child's play.

Building a blockchain is free - only pay for what resources you use.

https://aws.amazon.com/blogs/aws/get-started-with-blockchain-using-the-new-aws-blockchain-templates/
That's new! Does AWS really gives anything for free ? Nope.Also if it's controlled on the S-3 or their Cloud servers,pretty sure the app will centralised as hell.


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Don_Leonardo
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May 19, 2018, 11:01:29 AM
 #25

The ICO market should be moving to ethical hardcap. Arent we being taken for a ride with those huge marketcaps of blockchain TGEs?
How much does it cost (labour time and eth) to build a blockchain? Surely not 30000 ETH. We need normalisation of the ICO marketplace.
Dont invest into projects asking more than 10-15mln

I've been following BitClave project. They're developing a decentralized monetized search engine. They use Ethereum for that. Once I heard they were asked about other blockchains and answered they could build it's own blockchain if it's needed. I wonder how many developers are required for this?
Prodigye
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May 19, 2018, 11:53:07 AM
 #26

Price ranges from $10 to $1000000 depending on efficiency and technology used.
KingScorpio
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May 20, 2018, 12:39:04 AM
 #27


coinmarket cap doesnt list cryptocurrencies if you dont pay at least 20k to the coinmarket cap website owners.


Where did you get that info? lol  Tongue this is purely to demotivate him/her...

At least it's far from the truth.

jes it is demotivation and money earning scam, coinmarketcap is part of the bitcoin centered sect,

on our website we have a list with alternative indexes

https://www.cryptoproductivity.com/research

Well they are the biggest and you might not like them, I respect that, but your 'bitcoin centered sect' argument seems far-fetched to me.

Plus, to get a currency listed there, you claim they have to pay a 20k fee? That's false.

still established fiats, open lots of doors, there are theoretically 30.000 cryptocurrencies out there. are 30.000 listed on coinmarketcap? no! because coinmarketcap runs an agenda of establishmentists. the USD ranking itself is already biased.

but i have doubts cryptoeconomics will be able to continue just like that with coinmarketcap + exchange plattform listed coins, and rest of population as their money earning cattle

regards

investorck
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May 20, 2018, 08:52:24 PM
 #28

There are freelancers who would do it for you for cheap.
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May 23, 2018, 10:08:18 PM
 #29

The ICO market should be moving to ethical hardcap. Arent we being taken for a ride with those huge marketcaps of blockchain TGEs?
How much does it cost (labour time and eth) to build a blockchain? Surely not 30000 ETH. We need normalisation of the ICO marketplace.
Dont invest into projects asking more than 10-15mln

My opinion we know  that I think if we want to cost building a blockchain  by the way transaction fees are decided in most cryptocurrencies today, Chepurnoy said, users are incentivized to overuse some data, making blockchain full node software grow and become more cumbersome to spin up and run - which he argues is a bad thing, since full nodes are the most secure way to interact with the bitcoin network. Beside that we must work hard to build a blockchain.
embarrasstor
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May 24, 2018, 02:26:04 AM
 #30

your idea worth more than the building of blockchain
Somicmaster
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May 24, 2018, 07:05:14 AM
 #31

 cryptocurrency users are a bunch of freeloaders
Jenni5
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May 25, 2018, 05:26:54 AM
 #32

Blockchain-based applications can cost you a huge investment in the initial stage but it is surely going to bring you a fortune of returns in the future. When looking for one that you can invest in for getting a Blockchain based Cryptocurrency, Coinnup can definitely be a good option. Coinnup ICO has an ethical Hardcap of $21,000,000 USD. But if you have a smaller investment amount in mind then you can surely start with the Soft Cap amount of $2,000,000 USD.

To know more visit- https://ico.coinnup.com/
vanhhi9x
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June 03, 2018, 11:02:03 AM
 #33

Not only money but also how much knowledge to moderate
vintages
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June 03, 2018, 02:53:27 PM
 #34

There are freelancers who would do it for you for cheap.
When you have an outstanding blockchain idea, you need a mastermind for your outstanding project,  you need an expert and not just looking for something cheap. Giving it to a freelancer because they are charging cheap may not give you what you need. And they may not handle the project with care or enthusiasm. But it's still possible to find a professional who will charge cheaply and do a perfect work.

Preout
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June 03, 2018, 03:30:20 PM
 #35

you have ready to take loss of second
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