Cryptos



  • Hello everyone !

    i was searching for a topic related to crypto lovers or early crypto adopter, but i didn't find on !
    I think lounge/technology is the right place to be for this kind of subject.

    So if some people want to exchange about cryptos, mining or trading, please express your opinion below !

    i'm currently mining a lot a RVN before the shift in X16RV2 tomorrow and hold some KCS, so well if you have advice about some project I don't know, fell free to tell me πŸ˜‰


  • Ambassador

    @remi-flores There is something fundamentally flawed and unethical in burning loads of electricity to generate artificial wealth. Just my opinion, of course, but someone with technical and/or programming skills should be doing something productive with their knowledge and resources that would actually benefit society.


  • Moderator

    @remi-flores YM2€: Crypto currency is a weak currency, often used for fraud and other criminal tasks. It generates no wealth for others, helps only some banksters. Crypto Mining wastes much energy, produces more climate gases.

    Crypto mining is the worst of capitalism in a digital and real world.
    πŸ”₯πŸ’°πŸ’ΆπŸ’²



  • @Gwen-Dragon well i see that clichΓ© is real πŸ˜₯

    Only 5% percent of the blockchain transaction is related to fraud...
    And MOST of the cryptocurrency world doesn't rely on mining...
    Majority of them are Token, it means that you exchange with FIAT currency but you don't have to mine it to create this money.
    And the majority is Proof of Stake : to hard to explain in 2 lines so just informed yourself !πŸ˜…

    And some project are way more interesting than you think. I'll take the example of the Theta Network : it will just changes the future. (not a strong word)
    it will allow people with a bad internet connection to watch video content in HD. Those who have an excess of bandwidth just share it throw to Theta Network to those who need it. This is insane.

    And this is just an example out of thousands...
    I'm NOT in the blockchain/crypto sphere to make profit out of it. i'm here because as the internet did 30 years ago, the blockchain will change internet and interaction between entity !



  • @remi-flores said in Cryptos:

    it will allow people with a bad internet connection to watch video content in HD. Those who have an excess of bandwidth just share it throw to Theta Network to those who need it

    Sorry but that sounds like a scam/fraud to me. If one has a physically limited bandwidth to 7Mbit in his ADSL due to long distance from the dsl exchange, there is NOTHING one can do, it will be limited and will be never reaching 20 or more Mbit. There are no fairy tales you can tell them, their bandwidth is and will be limited. Unless you're not talking about ADSL connections but only about wi-fi/fiber, that is.



  • @iAN-CooG said in Cryptos:

    There are no fairy tales you can tell them, their bandwidth is and will be limited.

    No matter how hard you push and no matter what the priority, you can't
    increase the speed of light.

    - RFC 1925 - 'The Twelve Networking Truths'
    πŸ˜‰

    Looks like it's some kind of distributed bandwidth tech - kind of like Bittorrent from the little I read about it - except they will control the availability of tokens for the nodes or something... I dunno. Probably valid enough tech-wise, just depends on how its implemented, and more importantly, who ends up controlling it in the end.
    https://www.coinbureau.com/review/theta-token/



  • @iAN-CooG
    yeah Samsung and Sliver.tv are the major partners but scam...
    please inform yourself before spreading misinformation.
    The aim of theta is to "relocate" the way you interact with the serve. Your computer with free bandwidth become a server so that a china man don't have to question an american server. That's how you speed up your internet connection

    And I repeat that Theta Network was just an example, I just want to discuss about blockchain's project in general...


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