Adunni6758 (OP)
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July 11, 2018, 02:03:17 PM |
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There are two different forms of storage for crypto. It is either a cryptocurrency project decides to store on an existing platform or it builds her own platform.
I have seen some projects use others' platform and later on might seem not to exist again.
On the other hand, most projects with their own blockchain, always have lasting effect and are good for longterm.
What is your own opinion on this?
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jaythelingly
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July 12, 2018, 10:02:50 PM |
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I think own blockchain is best because don’t need extra payment if they borrow blockchain then they need to pay some extra money. Own blockchain also more secure. So it is the best option. It’s my opinion.
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cchub
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Migranet ITO
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July 12, 2018, 10:05:30 PM |
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Own blockchain projects can leverage a whole new set of projects whereas borrowed blockchain can focus on the application itself and have a shorter time to market. So it basically depends on the project needs.
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supine
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July 12, 2018, 10:06:00 PM |
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There are two different forms of storage for crypto. It is either a cryptocurrency project decides to store on an existing platform or it builds her own platform.
I have seen some projects use others' platform and later on might seem not to exist again.
On the other hand, most projects with their own blockchain, always have lasting effect and are good for longterm.
What is your own opinion on this?
Having your own blockchain is the best, however, if it fails the project goes along with it. That is why for the mean time, some project choose to use other blockchain and if the project succeed, they start having their own blockchain to provide better service, with less fee and less traffic. |
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BlakeMye
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July 13, 2018, 02:05:58 PM |
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I agree with you. Own platform always better. They are more secure and they do not disappear in the middle of anything and personally i always prefer own blockchain.
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Yudhisthir
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July 13, 2018, 02:09:50 PM |
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When you have your own blockchain, you are in control of everything. Depending on others will hurt your business a lot.
Like Ethereum congestion is not only hurting it but also to every tokens issued in the platform.
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kazakovv
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July 13, 2018, 02:12:55 PM |
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Everything depends on the budget and, of course, on the task the developers. I think it's better to use a ready made solution, it's faster.
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makishart
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Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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July 13, 2018, 02:26:47 PM |
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There are two different forms of storage for crypto. It is either a cryptocurrency project decides to store on an existing platform or it builds her own platform.
I have seen some projects use others' platform and later on might seem not to exist again.
On the other hand, most projects with their own blockchain, always have lasting effect and are good for longterm.
What is your own opinion on this?
There is a lot of projects are building in their own platform but it has been getting so many problem such as EOS and it's 4 billions blockchain. I will try to build my asset into the blockchain that provides the more security to my asset rather than creating a new one without enough knowledge about that. |
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lunaelucemauram
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July 13, 2018, 02:38:24 PM |
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For an ICO or project to last in this industry I believe that having their own blockchain is essential, but if they are just starting specially after the ICO sale they would need time for them to develop the blockchain and platform that is why in the mean time that their blockchain is not yet ready for the users it is better for them to use an existing blockchain.
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kevoh
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July 13, 2018, 02:38:32 PM |
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There is not one straight answer, on one hand I would say build on an existing blockchain that is fully developed like Ethereum or Stellar so that you enjoy existing functionalities. On the other hand building on an existing blockchain might be a bit rigid for you as there are rules that might not favour your project and you might have to build yours just to conform to your project's functionalities.
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JohnHendry
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July 13, 2018, 07:38:23 PM |
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This depends on the users to be honest. If someone has a low level of investment, it is better to have a borrowed blockchain technology rather than one which is owned, and vice versa. So, whether a person wants to have a borrowed or owned blockchain technology, it will depend on the level of investment.
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TommyJr
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July 15, 2018, 10:09:09 AM |
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The blockchain technology is a decentralized platform. It will be usefull both the ways if its self made or borrowed. bit i think if we have the opportunity to get own blockchain then we should give the first priority to that.
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Anzal RK
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July 15, 2018, 10:12:37 AM |
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own or borrowed Blockchain  hmm.. i think that both is great. but, if i must to choose once of them i choose own blockchain. because is it our self, is different with borrowed blockchain. |
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Harriti
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HEX: Longer pays better
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July 15, 2018, 10:15:53 AM |
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Both of these cryptocurrencies are great. No matter if a cryptocurrency has it own blockchain or not, it just need to has good project behind then everything will be fine  . You can take a look at CMC top 100 and see how many cryptocurrencies in top 100 have it own blockchain . I can ensure that more than 50% cryptocurrency in top 100 on CMC don't have own blockchain cause they're token developed depend on ETH/WAVES/NEO blockchain . |
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cahkalem
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July 15, 2018, 10:22:07 AM |
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Both of these cryptocurrencies are great. No matter if a cryptocurrency has it own blockchain or not, it just need to has good project behind then everything will be fine . You can take a look at CMC top 100 and see how many cryptocurrencies in top 100 have it own blockchain . I can ensure that more than 50% cryptocurrency in top 100 on CMC don't have own blockchain cause they're token developed depend on ETH/WAVES/NEO blockchain . i agree with you about 50% crypto in TOP 100 CMC didn't have own blockchain,, but, i think it will better if a project have their own blockchain,, at least, when the first time the project born is a token that build on eth, eos, waves or others pletform, but in the future the team member create their own mainnet,, i believe this will make the price of the project growing hardly |
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shampapk1988
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July 19, 2018, 12:33:15 PM |
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From my perspective I will own blockchain tech because there is lots of facilities based on this also it up to you and the situations because if you have huge amount of investment then you can own block chain tech but if you have low amount of coins then you can borrow I think.
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Arcoin2
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July 19, 2018, 12:56:48 PM |
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Crypto is the best thing in the money world that always belongs to you. Do not trust anyone else's Blockchain address and purse. Start an account with yourself and start using it.
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dtimmy
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July 20, 2018, 08:25:32 PM |
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I think it is good to have own blockchain technology. Actually it is dependent on the situation. For a new coin having low investment will choose the borrowed blockchain while some will use borrowed blockchain for a few time in order to take long term decision. Whatever the reason but I think that to do a long term business one needs to have own blockchain.
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