ElTomeko27
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 06:12:44 AM |
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its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. Think about it. If such a big company as Zynga will use XCH(even a small amount) to create their own tokens it will give a HUGE credit for a future of XCH.
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Altcoin4life
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 06:13:09 AM |
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its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. So are you saying xch has almost no intrinsic value (minus the creation of other assets)? I'm not sure why Drak would have created it and allowed free market trading if it was so worthless. Either way xch is clearly undervalued.
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derrend
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 06:29:42 AM |
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its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. So are you saying xch has almost no intrinsic value (minus the creation of other assets)? I'm not sure why Drak would have created it and allowed free market trading if it was so worthless. Either way xch is clearly undervalued. It's valuable because it's rare and you need it to create assets, the original question was which is more valuable, and in the case of btc and counterparty the answer is btc.
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ElTomeko27
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 06:40:27 AM |
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its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. So are you saying xch has almost no intrinsic value (minus the creation of other assets)? I'm not sure why Drak would have created it and allowed free market trading if it was so worthless. Either way xch is clearly undervalued. It's valuable because it's rare and you need it to create assets, the original question was which is more valuable, and in the case of btc and counterparty the answer is btc. I do believe in VIA but comparing it to BTC right now it's a mistake. BTC is the most valuable crypto.
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derrend
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 06:42:47 AM |
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I do believe in VIA but comparing it to BTC right now it's a mistake. BTC is the most valuable crypto.
A fair point
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EtherCoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 06:57:11 AM |
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Anybody comparing XCP and XCH as in apple to apple fails with his logic miserably. Even more fail with a derivative VIA vs BTC comparison.
Research again both protocols, and repost then.
Eth.
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derrend
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 07:35:30 AM Last edit: October 31, 2014, 07:54:56 AM by derrend |
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Anybody comparing XCP and XCH as in apple to apple fails with his logic miserably. Even more fail with a derivative VIA vs BTC comparison. Research again both protocols, and repost then. Eth.
My crypto ignorance has been exposed ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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masternode
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 07:58:14 AM |
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There's a lot of discussion about how the Zynga poker application would work with VIA/XCH on this thread. I figure I can give an educated opinion on the matter. While this is my opinion, keep in mind it's very speculative as there is little information about what Zynga is doing other than a phone message screenshot and a prior post in the Counterparty thread. However, given my background, I figure my opinion could help shed some light on the matter.
First, I played poker professionally from 2001 until 2010. I had reasonable success in poker (won a WSOP bracelet, had my own character in a video game, and had a monthly column in a major poker publication). Through almost a decade of playing full time, I gained a deep understanding of the mechanics of the game, casino motivations, and gambling in general. Oddly enough, I quit playing poker professionally in 2010 to help start a social gaming company called Unveil Games (Initially funded by a handful of name poker pros). We created a game called TrafficKing where we knocked off Farmville (a Zynga game), keeping the same game mechanics but essentially reskinning it so that it would be appealing to the male demographic on Facebook. In the process, we closely studied all of Zynga's succesful games, in an effort to find the most effective viral loops. The game we created was both incredibly comical and fun to play, but unfortunately Facebook changed some of their newsfeed policies which adversely affected small developers like ourselves. We eventually shut the company down in 2012, which is around the time I found crypto.
As far as what I think Zynga's plans are, I'm suspecting that Zynga is going to be building a poker application where pot/hand settlement occurs on the VIA blockchain. Unless my understanding of crypto is flawed, Viacoin is actually the only vehicle where I can see this happening. On average online poker hands take about 1 min to play out. Having hand/pot settlement on the Bitcoin blockchain just wouldn't be feasible given Bitcoin has 10 min confirmations (which is consistent with what was said in the screenshot about "the most key aspect being speed"). VIA on the otherhand has 24 second confirmations, which could work. So a player would play out a poker hand within a Zynga client, and upon completion of the hand it is recorded on the blockchain and settlement occurs in about 24 seconds (likely before the completion of the next hand).
Also, in a post by TechGen in the Counterparty thread about a week ago, he/she mentions a big social gaming company plans to use VIA / XCH and that the company even planned to issue shares through platform as well. I personally don't see this happening or if it does it will be a long time from now given the regulatory hurdles an event like this would present the company. However what would be amazing is if Zynga managed some sort of rewards program through Zynga coins issued on Clearinghouse. It's designed for something like that, allowing easy distributions back to players that hold Zynga chips based upon the overall revenue generation of the game. Now that would be interesting.
Funny, given my background in gambling, social gaming and crypto (specifically with VIA and XCH), I should be reaching out to Zynga to try and help them in any way that I can to get this project off the ground. And if it doesn't materialize, hell, I'm thinking I should try and get a team together and build it.
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karmala
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 08:07:14 AM |
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Funny, given my background in gambling, social gaming and crypto (specifically with VIA and XCH), I should be reaching out to Zynga to try and help them in any way that I can to get this project off the ground. And if it doesn't materialize, hell, I'm thinking I should try and get a team together to build it.
yes, that is the spirit man!
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AltcoinRambo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 08:08:02 AM |
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its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. So are you saying xch has almost no intrinsic value (minus the creation of other assets)? I'm not sure why Drak would have created it and allowed free market trading if it was so worthless. Either way xch is clearly undervalued. It's valuable because it's rare and you need it to create assets, the original question was which is more valuable, and in the case of btc and counterparty the answer is btc. I do believe in VIA but comparing it to BTC right now it's a mistake. BTC is the most valuable crypto. BTC has proven itself to be the premier digital currency which will not be dislodged. However, VIA/XCH could be huge if some good adoption of it's technologies happens.
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AltcoinRambo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 08:11:06 AM |
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Funny, given my background in gambling, social gaming and crypto (specifically with VIA and XCH), I should be reaching out to Zynga to try and help them in any way that I can to get this project off the ground. And if it doesn't materialize, hell, I'm thinking I should try and get a team together to build it.
yes, that is the spirit man! And with the knowledge your background gives you, you could be an incredibly valuable asset in helping Zynga implement such a solution. Please reach out to them.
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fox19891989
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 09:40:03 AM |
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There's a lot of discussion about how the Zynga poker application would work with VIA/XCH on this thread. I figure I can give an educated opinion on the matter. While this is my opinion, keep in mind it's very speculative as there is little information about what Zynga is doing other than a phone message screenshot and a prior post in the Counterparty thread. However, given my background, I figure my opinion could help shed some light on the matter.
First, I played poker professionally from 2001 until 2010. I had reasonable success in poker (won a WSOP bracelet, had my own character in a video game, and had a monthly column in a major poker publication). Through almost a decade of playing full time, I gained a deep understanding of the mechanics of the game, casino motivations, and gambling in general. Oddly enough, I quit playing poker professionally in 2010 to help start a social gaming company called Unveil Games (Initially funded by a handful of name poker pros). We created a game called TrafficKing where we knocked off Farmville (a Zynga game), keeping the same game mechanics but essentially reskinning it so that it would be appealing to the male demographic on Facebook. In the process, we closely studied all of Zynga's succesful games, in an effort to find the most effective viral loops. The game we created was both incredibly comical and fun to play, but unfortunately Facebook changed some of their newsfeed policies which adversely affected small developers like ourselves. We eventually shut the company down in 2012, which is around the time I found crypto.
As far as what I think Zynga's plans are, I'm suspecting that Zynga is going to be building a poker application where pot/hand settlement occurs on the VIA blockchain. Unless my understanding of crypto is flawed, Viacoin is actually the only vehicle where I can see this happening. On average online poker hands take about 1 min to play out. Having hand/pot settlement on the Bitcoin blockchain just wouldn't be feasible given Bitcoin has 10 min confirmations (which is consistent with what was said in the screenshot about "the most key aspect being speed"). VIA on the otherhand has 24 second confirmations, which could work. So a player would play out a poker hand within a Zynga client, and upon completion of the hand it is recorded on the blockchain and settlement occurs in about 24 seconds (likely before the completion of the next hand).
Also, in a post by TechGen in the Counterparty thread about a week ago, he/she mentions a big social gaming company plans to use VIA / XCH and that the company even planned to issue shares through platform as well. I personally don't see this happening or if it does it will be a long time from now given the regulatory hurdles an event like this would present the company. However what would be amazing is if Zynga managed some sort of rewards program through Zynga coins issued on Clearinghouse. It's designed for something like that, allowing easy distributions back to players that hold Zynga chips based upon the overall revenue generation of the game. Now that would be interesting.
Funny, given my background in gambling, social gaming and crypto (specifically with VIA and XCH), I should be reaching out to Zynga to try and help them in any way that I can to get this project off the ground. And if it doesn't materialize, hell, I'm thinking I should try and get a team together and build it.
WOW, you won a WSOP bracelet, you are a cerebrity ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) It is cool that you can help VIA&XCH
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bitcoinpaul
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 09:42:25 AM |
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Let's sum this up: Only TechGen, a guy who registered here some days ago, posted this information.
Sounds legit. Buy.
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masternode
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 09:48:53 AM |
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Let's sum this up: Only TechGen, a guy who registered here some days ago, posted this information.
Sounds legit. Buy.
Not true. VP of Zynga added BTCdrak on twitter today. I was suspect of this too, until that occured.
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 09:54:45 AM |
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Funny, given my background in gambling, social gaming and crypto (specifically with VIA and XCH), I should be reaching out to Zynga to try and help them in any way that I can to get this project off the ground. And if it doesn't materialize, hell, I'm thinking I should try and get a team together to build it.
yes, that is the spirit man! And with the knowledge your background gives you, you could be an incredibly valuable asset in helping Zynga implement such a solution. Please reach out to them. yes now that it looks like zynga is looking at xch from the corporate VC side, i am sure some regular VC will start looking at this space as well. i think it is a no brainer. i think talking to some of the members of the National Indian Gaming Association would be a good idea too, since obviously they have a lot of resources and experience, and can use this to add further value to their businesses. National Indian Gaming Association (NIGA), established in 1985, is a non-profit organization of 184 Indian Nations with other non-voting associate members representing organizations, tribes and businesses engaged in tribal gaming enterprises from around the country. The common commitment and purpose of NIGA is to advance the lives of Indian peoples economically, socially and politically.
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helloge
Legendary
Offline
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 10:01:19 AM |
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regret not to buy more in low price...
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Thomas-s
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 10:06:00 AM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2F%255Bquote%2Bauthor%3Dsempyper%2Blink%3Dtopic%3D699278.msg9390425%2523msg9390425%2Bdate%3D1414733929%255D%255Bquote%2Bauthor%3Dderrend%2Blink%3Dtopic%3D699278.msg9390166%2523msg9390166%2Bdate%3D1414731375%255D%255Bquote%2Bauthor%3Dsempyper%2Blink%3Dtopic%3D699278.msg9390138%2523msg9390138%2Bdate%3D1414731154%255Dits%2Bthrough%2Bclearinghouse%252C%2Bwhich%2Buses%2Bthe%2Bviacoin%2Bblockchain.%2Bso%2Bclearinghouse%2Bwill%2Bbe%2Bthe%2Bone%2Bwith%2Bthe%2Blarge%2Bmarket%2Bcap%2B%26%2523128522%253B%255B%2Fquote%255DVia%2Bis%2Bto%2BXch%2Bwhat%2BBtc%2Bis%2Bto%2BXcp%252C%2Band%2Bit%2527s%2BBtc%2Bwith%2Bthe%2Bhigher%2Bcap%2Bby%2Bfar%2Bthough%3F%255B%2Fquote%255Dthe%2Btokens%2Btraded%2Bin%2Bzynga%2Bwill%2Bbe%2BXCH%252C%2Btherefor%2Bclearinghouse%2Bwill%2Bbe%2Bgoing%2Bup.%2Bthe%2Bclearinghouse%2Bplatform%2Brelies%2Bon%2Bvia%2Bchain%252C%2Bthough%2Bit%2Bdesent%2Bmatter%2Bwether%2B%2Bvia%2Bhas%2Ba%2B1dollar%2Bcap%2Bor%2B99million%2Bcap.%2Bclearinghouse%2Bis%2Bstill%2Bthe%2Bplatform%2Bin%2Bwhich%2Bzynga%2Bis%2Busing%255B%2Fquote%255D&t=665&c=03GhyG9MLarX9w) I its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. Think about it. If such a big company as Zynga will use XCH(even a small amount) to create their own tokens it will give a HUGE credit for a future of XCH. Yep the game of Poker is usually played with Poker Chips or the Poker Chip so I suppose if there's already an asset "CHIP" been created that could add to the speculation ! The guy from the screenshot wrote that they'd like to use Via though.
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 10:16:09 AM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2F%255Bquote%2Bauthor%3Dsempyper%2Blink%3Dtopic%3D699278.msg9390425%2523msg9390425%2Bdate%3D1414733929%255D%255Bquote%2Bauthor%3Dderrend%2Blink%3Dtopic%3D699278.msg9390166%2523msg9390166%2Bdate%3D1414731375%255D%255Bquote%2Bauthor%3Dsempyper%2Blink%3Dtopic%3D699278.msg9390138%2523msg9390138%2Bdate%3D1414731154%255Dits%2Bthrough%2Bclearinghouse%252C%2Bwhich%2Buses%2Bthe%2Bviacoin%2Bblockchain.%2Bso%2Bclearinghouse%2Bwill%2Bbe%2Bthe%2Bone%2Bwith%2Bthe%2Blarge%2Bmarket%2Bcap%2B%26%2523128522%253B%255B%2Fquote%255DVia%2Bis%2Bto%2BXch%2Bwhat%2BBtc%2Bis%2Bto%2BXcp%252C%2Band%2Bit%2527s%2BBtc%2Bwith%2Bthe%2Bhigher%2Bcap%2Bby%2Bfar%2Bthough%3F%255B%2Fquote%255Dthe%2Btokens%2Btraded%2Bin%2Bzynga%2Bwill%2Bbe%2BXCH%252C%2Btherefor%2Bclearinghouse%2Bwill%2Bbe%2Bgoing%2Bup.%2Bthe%2Bclearinghouse%2Bplatform%2Brelies%2Bon%2Bvia%2Bchain%252C%2Bthough%2Bit%2Bdesent%2Bmatter%2Bwether%2B%2Bvia%2Bhas%2Ba%2B1dollar%2Bcap%2Bor%2B99million%2Bcap.%2Bclearinghouse%2Bis%2Bstill%2Bthe%2Bplatform%2Bin%2Bwhich%2Bzynga%2Bis%2Busing%255B%2Fquote%255D&t=665&c=03GhyG9MLarX9w) I its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. Think about it. If such a big company as Zynga will use XCH(even a small amount) to create their own tokens it will give a HUGE credit for a future of XCH. Yep the game of Poker is usually played with Poker Chips or the Poker Chip so I suppose if there's already an asset "CHIP" been created that could add to the speculation ! The guy from the screenshot wrote that they'd like to use Via though. i don't see that in the screenshot, it just says using clearinghouse. in any case viacoin miners would benefit from the transaction volume
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Thomas-s
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2014, 10:28:04 AM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2F%255Bquote%2Bauthor%3Dsempyper%2Blink%3Dtopic%3D699278.msg9390425%2523msg9390425%2Bdate%3D1414733929%255D%255Bquote%2Bauthor%3Dderrend%2Blink%3Dtopic%3D699278.msg9390166%2523msg9390166%2Bdate%3D1414731375%255D%255Bquote%2Bauthor%3Dsempyper%2Blink%3Dtopic%3D699278.msg9390138%2523msg9390138%2Bdate%3D1414731154%255Dits%2Bthrough%2Bclearinghouse%252C%2Bwhich%2Buses%2Bthe%2Bviacoin%2Bblockchain.%2Bso%2Bclearinghouse%2Bwill%2Bbe%2Bthe%2Bone%2Bwith%2Bthe%2Blarge%2Bmarket%2Bcap%2B%26%2523128522%253B%255B%2Fquote%255DVia%2Bis%2Bto%2BXch%2Bwhat%2BBtc%2Bis%2Bto%2BXcp%252C%2Band%2Bit%2527s%2BBtc%2Bwith%2Bthe%2Bhigher%2Bcap%2Bby%2Bfar%2Bthough%3F%255B%2Fquote%255Dthe%2Btokens%2Btraded%2Bin%2Bzynga%2Bwill%2Bbe%2BXCH%252C%2Btherefor%2Bclearinghouse%2Bwill%2Bbe%2Bgoing%2Bup.%2Bthe%2Bclearinghouse%2Bplatform%2Brelies%2Bon%2Bvia%2Bchain%252C%2Bthough%2Bit%2Bdesent%2Bmatter%2Bwether%2B%2Bvia%2Bhas%2Ba%2B1dollar%2Bcap%2Bor%2B99million%2Bcap.%2Bclearinghouse%2Bis%2Bstill%2Bthe%2Bplatform%2Bin%2Bwhich%2Bzynga%2Bis%2Busing%255B%2Fquote%255D&t=665&c=03GhyG9MLarX9w) I its through clearinghouse, which uses the viacoin blockchain. so clearinghouse will be the one with the large market cap 😊
Via is to Xch what Btc is to Xcp, and it's Btc with the higher cap by far though? VIA/XCH are connected in 100%. IF VIA will go up so the same XCH. This is interesting because surely zynga would create their own token assets within clearing house rather than using xch, and since you can create a pretty much unlimited amount of tokens from a small amount of xch and trade assets directly for via on the clearwallet exchange, why in this scenario is xch so valuable? Also via would be used by any other platforms that are built upon the blockchain which cannot be said for xcp. Think about it. If such a big company as Zynga will use XCH(even a small amount) to create their own tokens it will give a HUGE credit for a future of XCH. Yep the game of Poker is usually played with Poker Chips or the Poker Chip so I suppose if there's already an asset "CHIP" been created that could add to the speculation ! The guy from the screenshot wrote that they'd like to use Via though. i don't see that in the screenshot, it just says using clearinghouse. in any case viacoin miners would benefit from the transaction volume ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fpuu.sh%2FcxrIw%2F655ec8ee77.JPG&t=665&c=Fh1XOtrK9RhAVQ)
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