Yep, I realized I can't sneak updates past you hehe. Adding coins is relatively easy but they have to be listed on Coinmarketcap. The problem is the more coins I add the slower refreshing becomes and more data is consumed for users. Do you have one in mind? How many would you say should be included?
Please do write about the update if you want, I don't care if you beat me to it haha ;) truth is I'm very short on time.
Yes I did notice the slowdown of late....I thought it was my crappy phone though.
I understand about having to keep the data steamlined....if not, we will end up with an app that will take a half hour to refresh.
As for how many included, that is iffy since it is a balance between providing the info people want and the speed of the data stream.
From a longer term perspective, it could be a dilemma. Right now there are roughly 1400 coins...we know a bunch of them will fail but there are also going to be a lot more in the future.
My questions is what happens if there are 15,000 coins out there in a couple years? I believe the world will be tokenized so people will be getting them from everywhere....
Is there a way to compress the data so that, over time, you could increase it to say 500?
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I don't believe there will be 15,000 coins (that matter). However, the compression idea is worth exploring so I can increase the list to the top 1000 or so.
BTW: Take a look at this list, this is what I think will happen to crypto currencies, most will be extinct or irrelevant in a few years like it happened with car companies in the US: https://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States
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No doubt that many of the tokens on the list today are scams or people who got in over their heads. They, like you said, will fall away.
However, I view us rapidly moving towards a tokenized world where most everything is on the blockchain. There will be blockchains for everything and people will be incentivized in many different ways. The tokens that have a utility which puts it in people's hands, like STEEM, will have value. Now how many matter to each person is up to debate. But we will see them for all areas of online activity...and even a fair bit of offline as well. I believe, 5 years from now, people will be receiving 25-50 different tokens a month for things they do.
Even on this blockchain, we will soon see not only steem, but tokens for DTube, Zappl, and appics (and that is what we know about).
The centralized structures are going to keep feeling pressure from decentralized blockchains in all areas. I even read an article expanding upon what Estonia is doing terming it Country As A Service (CAAS).
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Very interesting, maybe you are right and I'm getting old already and can't see this wonderful future yet. Makes sense, after all I'm looking back at history for similar things but the reality is this crypto phenomenon has never happened before so all analysis based on history are probably wrong. Did you hear this Warren Buffet? Haha regards
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Warren Buffett? You mean the guy who finally bought Apple? Great investor but the world passed him by. He admits he doesnt know technology yet he keeps popping off about it.
True on the crypto phenomenon....we are in unchartered waters. Of course, we are in the same place with AI, 3D printing, VR, and 5G.
Who would have guessed computing would be where it is today...processors like they are....memory dirt cheap?
We are seeing a total convergence of tech and it is amazing....and, I believe, it will wrestle power from the establishment.
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