for the layman out there. What is so good about superNET??
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#1741 and also
#1742 in this thread. It explains the benefit of SuperNET.
Don't speed read through it, or glance over it. The information is right in those two important posts.
In short: Any SuperNET sponsored coin, can use any other coin's features. Devs are shared among all SuperNET coins as one big group. Holders of SuperNET coins can enjoy the fruits of all coindev labor across all coins. It's a sharing of technology.
Thanks for this explanation.
After I posted above, reaching out for help, I typed in SuperNet on YouTube and there was a fascinating interview (about an hour long) about how revolutionary SuperNet is/will be and which
I HIGHLY recommend. It was with some guy who is not a techy who was explaining in laymans terms what it was and how it would revolutionise the Crypto world etc. I am very excited- one of the reasons I have joined this forum! I have a couple of questions I hope someone may be able to help with. Hopefully it will help others on their journey too.
1. I have read a lot of stuff about dividends, tokens and a fund. How would one partake in this part of the journey? How simple is it? Do you need to be able to code and stuff or is it a case of downloading a wallet etc.?
2. Is is better to download the SuperNet blockchain on their website, or invest in UNITY? (I am only on Cryptsy at the moment so this option may mean having to switch exchanges.)
3. Why wouldn't someone simply just invest in OPAL, NXT, UNITY and BTCD etc. to benefit from this dev boom? Or is it a case of you need to immerse yourself in the tech to truly be a part of this?
Grateful for any help on this.
Cheers!
SuperNET/UNITY is not a coin, it has no blockchain. Just owning it is all you need to do in order to receive dividends. You can purchase directly with NXT on the NXT Asset Exchange or via BTC from bter. bter is also biggest NXT exchange so either to get NXT or UNITY (trading symbol for SuperNET) that is where to start.
A lot of people get the NXT and or UNITY and withdraw to their NXT wallet. Once there, they can start using the decentralized asset exchange and never have to deal with centralized exchange issues.
So, no need to be a coder, just need to be able to buy stuff on bter and withdraw into a NXT wallet (nxt.org to download it). NXT does have a blockchain.
UNITY is the all inclusive asset that is diversified. So less risk, but it will gain as the average does. So, if you are able to pick the components withing SuperNET that will outperform the rest, then you can get a better return. Most people get a bit of this, a bit of that to tailor their portfolio to match how they feel things will turn out.
Now SuperNET itself holds around 10% of the core coins, so with SuperNET you are indirectly purchasing OPAL, NXT, BTCD, etc.
I know, its a bit confusing, but any global conglomerate is quite complicated internally.
James
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