Ripple, Tron, Cardano: overhype and uselessness define these 3 cryptocurrencies

[ttookk]

Tron made a pretty good move in buying Bittorrent and making use of that network for their pet project called 'Project Atlas'.

Afaik, project Atlas will be a way to make seeders earn some money.  Then next phase would be a decentralized Netflix, where users can stream vids with each other and earn some TRX while doing it.

i didn't realise that. the tron guy has it in the bag.

i'm really surprised more of these paper billionaires haven't clued up and made the move into established business areas like him. they have the money to throw around to force their crappy ideas on the rest of the world by stealth.

Holy fuck ,they bought Bittorrent? Shit, and now it's in the hands of a bunch of business dweeps who use blockchain as a buzzword to hype their stuff. Fucking hell. I mean, seriously, isn't Bram Cohen working on CHia Network right now? He has his own blockchain project, why the hell should he give Bittorrent away to a bunch of suits?

I tell you, should the next tron bullrun start, the shills will be unbearable. And they will probably talk about blockchain projects as "companies" without blinking an eye.

[slaman29]

DAG coins ( IOTA and NANO). I remember that vitalik has created a funny comment about that people are overhyping to consider DAG coins as blockchain 3.0 but in fact it doesn't even use the blockchain system and use the centralized server to validating the transaction.
EOS should be included on that list too.

I use one DAG coin, which is Byteball/Gigabyte. For me, I don't classify DAG coins like Byteball or NANO/mrai the same as IOTA because the earlier 2 never used ICOs to launch (Byteball was purely airdropped I'm not sure NANO how they happened but they were not sold).

So not sure we can call them vapourware because they were launched just as Bitcoin was, with an idea and trying to build something out of it as a currency and payment (Gbyte has good merchants, NANO is distributed and recently held Venezuelans buy food).

Byteball was also not overhyped. Usefulness already explained.

I definitely think IOTA classifies though, and yes, I don't think these should claim DAG is blockchain 3.0 either, as they're not blockchain.

[ttookk]

DAG coins ( IOTA and NANO). I remember that vitalik has created a funny comment about that people are overhyping to consider DAG coins as blockchain 3.0 but in fact it doesn't even use the blockchain system and use the centralized server to validating the transaction.
EOS should be included on that list too.

I use one DAG coin, which is Byteball/Gigabyte. For me, I don't classify DAG coins like Byteball or NANO/mrai the same as IOTA because the earlier 2 never used ICOs to launch (Byteball was purely airdropped I'm not sure NANO how they happened but they were not sold).

So not sure we can call them vapourware because they were launched just as Bitcoin was, with an idea and trying to build something out of it as a currency and payment (Gbyte has good merchants, NANO is distributed and recently held Venezuelans buy food).

Byteball was also not overhyped. Usefulness already explained.

I definitely think IOTA classifies though, and yes, I don't think these should claim DAG is blockchain 3.0 either, as they're not blockchain.

I'm not too familiar with other DAG concepts, but Byteball needs twelve witnesses and Iota needs a coordinator (for now). Meaning, the actual concept of a DAG (or a "tangle", as Iota calls it) seems to be still just that: a concept. The general value proposition, that you don't need a single monolithic and slow blockchain to safely verify transactions seems to be not really possible yet. In regards to Byteball, it's kinda like trusting a group of twelve miners, or twelve fullnodes.

[phabulu]

Tron made a pretty good move in buying Bittorrent and making use of that network for their pet project called 'Project Atlas'.

Afaik, project Atlas will be a way to make seeders earn some money.  Then next phase would be a decentralized Netflix, where users can stream vids with each other and earn some TRX while doing it.

i didn't realise that. the tron guy has it in the bag.

i'm really surprised more of these paper billionaires haven't clued up and made the move into established business areas like him. they have the money to throw around to force their crappy ideas on the rest of the world by stealth.

Holy fuck ,they bought Bittorrent? Shit, and now it's in the hands of a bunch of business dweeps who use blockchain as a buzzword to hype their stuff. Fucking hell. I mean, seriously, isn't Bram Cohen working on CHia Network right now? He has his own blockchain project, why the hell should he give Bittorrent away to a bunch of suits?

I tell you, should the next tron bullrun start, the shills will be unbearable. And they will probably talk about blockchain projects as "companies" without blinking an eye.

Shit, I didnt know that yet :/

[hermes006]

Cardano and Ripple have brought me good profit before, and now it's also possible to make money on them, so I would not call them unnecessary. In addition, hype does not happen in an empty place.

[ttookk]

Cardano and Ripple have brought me good profit before, and now it's also possible to make money on them, so I would not call them unnecessary. In addition, hype does not happen in an empty place.

Yeah, well, I made good profit on XVG and that is as useless as a shitcoin gets

I'm pretty sure that at least Ripple – sorry, I mean XRP will pump at some point. They have a completely deluded shill army which will gladly step in and help fire the pump with their hard earnings.

Tron does as well, but I haven't seen enough desperation for them yet.

I hear very little from Cardano shills. Maybe I don't frequent their dwelling places or something, or they just don't have that many.

[swissgang]

No need to talk about these coins, they all taken advantage of the hype. They in fact don't worth 1% of bitcoin.

[BuHoBeH]

<NEO

[JofryTheKing]

To be honest, it's possible to find half the coins without a product from the top 100. About the ripple and so everything was clear from the beginning, it's strange that he is now at such a high position. Well, the rest of the coins can be safely applied for day trading.