Crypto Bros in the house?!?
🗣️ DISCUSSION 💬
To all the crypto guys that lurk among us. For those of us who are crypto-finance retards, what should we be investing in? WTF is the difference between Bitcoin and all the other shit?!? Help us out! I want to get in on this scam
http://archive.is/zEfQN
You dont have memory corruption issues as a blockchain. If something like that happens you are
A: trying to hide something
B: are incompetent to make a trustworthy chain. When it concerns the ledger that cannot EVER fail or you have a faulty history.
C: are completely centralized by 1 party.
Could there be some early transactions Ripple wanted to hide? I wouldnt be surprised.
Half the supply doesnt matter just as long as its a finite supply.
What dapps have been developed on XLM?
What makes it low energy usage? Is it proof of stake or something else?
A quick web search shows that the Stellar Foundation has 50% of the supply which is centralized if XLM is proof of stake. If its centralized, that explains the "low energy usage".
What % of the supply do the top 100 wallets hold in XLM? Thats an important decentralization metric to look at as well.
If XLM was to be used as a currency around the world, whats its plan to scale? Currently it can do a few thousand tps, whats its plan to do millions of tps?
I remember XLM was very popular with Redditors. Reddit set it up to where you could award people in XLM in the last bull run but i hardly ever hear about it on their crypto forum anymore.
Sorry I'm very opinionated when it comes to crypto and not a lot of people around me understand crypto.
I have a lot of hope for crypto to take fiat currencies down a peg or take them out entirely. It bothers me when I see people going for currencies that don't get us to that goal but that's my own problem.
I'm looking for Cryptos that have the potential to be the main currency used in the world.
In my opinion Bitcoin and XRP have some serious flaws in their core design that prevent them from being the currency that the world uses. My favorite one to look at has been Cardano because even though it has been relatively slow with accomplishing their goals, they build everything to work the first time. They also have a viable way to scale to millions of transactions per second and they've already shown a proof of concept a little over a month ago.