a few coins with great potential

in cryptocurrency •  8 years ago  (edited)

What is Syscoin?

Syscoin is a revolutionary cryptocurrency that not only allows low-cost financial transactions like Bitcoin, but provides businesses the infrastructure to trade goods, assets, digital certificates and data securely.

Syscoin isnt just about money and trading, it has the ability to attract all business types thanks to its native set of features geared towards the financial sector. Syscoin offers benefits to everyone from eBay traders, to High Street shops and many more.

Unlike other cryptocurrencies, Syscoin’s intrinsic value is derived from the decentralized services it provides directly on the blockchain. The blockchain powers all Syscoin services. It is a decentralized system of record hosted by a series of “nodes” on the Syscoin network. Syscoin trades under the symbol SYS in virtual currency exchanges.

The Syscoin project is building a decentralized marketplace, and has been under active development since 2014 despite the development team losing most of their funding to the fraud and then bankruptcy of the exchange operator which ran the escrow for their crowdsale.
In many ways the Syscoin marketplace is similar to Open Bazaar, but operating over its own blockchain. In my view, this brings significant advantages over Open Bazzar, such as the ability for users to post offers without having to keep their computer online the whole time for the offer to remain valid. Shoppers can pay using Bitcoin, or even Zcash for privacy, as well as using the native Syscoin tokens.
A big release expected early in 2017 will bring the introduction of ‘blockmarket’, a white label store front that will enable anybody to create a web-based front end to the marketplace. I can see this being a strong driver of new users and with a current marketcap of under $4 million USD a successful release and influx of new users could easily see this proving to be a really great investment. Personally, I see this as being somewhat higher risk than my other selections, as Open Bazzar has a strong brand name within the cryptocurrency community and reaching out beyond that community will be difficult (I think possible with blockmarket, but undoubtedly difficult) but I also see it has having higher potential profits if things do go well.

what is Safecoin ?

Safecoin is a digital token. It can be thought of as the oil in the engine of the SAFE Network, a built in way of ensuring that all users of the network are compensated for the value they provide. Let’s find out how it works...
Global distribution without human intervention.

Safecoins are distributed entirely by the algorithms within the SAFE Network. Human beings are not involved in the process. Only 4.3 billion coins will ever be in circulation at one time and each will have its own unique identity. Safecoins will be recycled when users exchange them for network services, ensuring there is always a supply for users to earn.
Farming: an incentive for a crowd sourced Internet.

Safecoins are given as an incentive to users for providing their resource to the network. This resource is their: storage space, CPU, bandwidth and online time that enable the encrypted chunks of network data to be stored and retrieved from their computer. The process of providing resource and receiving safecoin in return is called ‘Farming’. Each piece of encrypted network data is stored in a Farmer's ‘Vault’, a data storage and management location on the Farmer's computer which they cannot read, or access. The SAFE network is designed to self-manage these resources.
Resource based economy.

As network data is retrieved from a computer, the network pays safecoin to the user. This payment doesn’t take place every time data is retrieved, instead it is more like a lottery, where the Farmer is rewarded at random. The safecoin is automatically paid by the network into the user’s safecoin wallet address that is tied (cryptographically) to their vault. The amount of safecoin a user can earn is directly linked to how much resource they provide to the network and how often their computer is available to the network (turned on).
Proof of resource.

The resource provided by each Farmer is continually checked by the network to make sure that it is still available. It does this by attempting to store a random piece of data. Should the network find that the resource committed to the network is no longer available, it reduces the rank of the vault thereby reducing the earning potential of that specific Vault.
A new market place.

Safecoins can be used to access and use network applications, with part of the ‘payment’ going directly to the application developer. Safecoins can also be bought by users unwilling, or unable to provide resource to the network. This creates a market of buyers and sellers so that farmers can sell the coins they earn for another currency. These transactions will take place on an exchange, another SAFE Network application, or directly between individuals.

Perhaps the most long-awaited project in cryptocurrency today, Maidsafe is a grand and ambitious project to decentralized the internet.
The maidsafecoin price has been flagging in recent months. I believe this is because investors are growing weary of the long wait and don’t want to miss out on gains from Bitcoin’s bull trend. But this may well end up making the surge when (or perhaps I should say if) it is finally released even more dramatic.
There are lots of projects now trying to decentralize content publishing and hosting, but with a development history going back to before Bitcoin was even invented (only later modified to include cryptocurrency style rewards using ‘safecoin’) Maidsafe is arguably the mother of them all.
Despite the slow progress, development is continuing and an alpha release which shows the core features but without Safecoin rewards and with no guarantee of data permanence does give one a real feeling of the potential that this project has. What’s more, the long wait is largely because the team have taken on such a massive task and are intent on making sure it works very well before releasing it (something many crytocurrency projects don’t do) so I expect the eventual release to be very exciting. I also think there is a very good chance it will happen at some point in 2017, and that if it is then it will prove to be one of the best investments of the year.

what is Antshares ?
Following a successful crowdsale and release in Q3 2016, Antshares has a current marketcap of just over $7 million at the time of publishing.
In many ways it can be characterized as a Chinese take on the Ethereum network. Although I don’t expect Antshares to rival Ethereum in value, the size of the Chinese market and the considerable success that the Antshares team has had in developing partnerships in the short time since it was launched – which already include Alibaba (one of the biggest multinationals in the world) as well as several other interesting deals – makes me think that there is plenty of room to grow.
Antshares is a decentralized and distributed network protocol which is based on blockchain technology. People can use it to digitalize assets or shares, and accomplish some financial business through peer-to-peer network such as registration and issuing, make transactions, settlement and payment.

original content found here,
http://cryptorials.io/best-cryptocurrency-investments-2017/

my thought ?
i am definitely goin to look at these coins and maybe they become,
a part of my list every coin here has potential but you can buy 100 kinds of coins
so il stick with my list and look into these coins
to see what there potential and there concept is, and who knows maybe
they break out in the hype trading or wil have a great steady upwards flow.

Have a great day,
@BlockChainSupporter

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Nice article. Thanks for bringing this to my attention. Not sure if I believe in the current crypto investment climate but I do believe in the blockchain. We really need more insights in the market and previous investment results. Does anyone know about: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis.