Wow, that's quite an answer, you seem to be very up to date with what's happening in the space so props for that.
I am extremely unfamiliar with both your picks, I heard IOTA had buggy technology and unclear use cases but that's about it, as for ICON I really don't know enough about the project to make informed comments.
Sadly I think that in the long run the Bitcoin network will eventually end up having most of the features that make altcoins different, thus rendering most of them redundant including privacy coins.
We're seeing huge progress in Rootstock for example and it's looking like Bitcoin will be able to have turing-complete sidechains and do ICOs and do IOT payments ala IOTA via the Lightning network.
Really the only problem with Bitcoin is its governance so maybe there is a case to be made for investing in coins that have a baked in governance system like Tezos or Decred.
I really like your articles and I think you deserve people trying to back up a little bit their comments. keep up with doing this terrific job :)
I am just vaguely familiar with decred, so I am not going to make any comment on that.
As for Tezos, it's fun, but even if I have no contact at all with him currently (and quite frankly no desire to make any contact either), I actually know quite well Arthur Breitman. He was a fellow student at university. We graduated the same year :) I don't like his character, but I have to recognize that the guy is intellectually brilliant. That's why I was considering investing in the ICO back in 2007. Very glad I kept my eth at the time though, because boy was the launch of this blockchain as mess ! Even if they seem to have normalized things, I am very skeptical that Tezos is going to do anything meaningful and I am floored by the current valuation : to me, it seems that they came to late to the party implementing a second generation blockchain with no ecosystem around it, little perspective of being as powerful as newer blockchains (EOS, Stellar...) and with very little differentiation (the coding language is supposed to be better to audit smart contracts and making them airtight, yeah okay - and this onchain governance : seriously is any layman really going to use this feature ?)
As I wrote, IOTA is the "blockchain" (actually a DAG) that has been the target of the most insane FUD I have ever seen : in itself, I take it as a rather positive sign that some people (bitcoin whales ?) are shit scared that it could meet its promises (we are still far from that but the team is insane, so there is a solid chance that they can pull this off and I don't see Volkswagen implementing a hardware solution running on IOTA for its cars due in early 2019 if there was not a good chance that they could pull it off).
As for bitcoin, I agree with you that with second and third layers it could encompass many features of many altcoins. The only thing that bugs me is its POW... In a world concerned with energy consumption, is it really going to resist a better more ecofriendly alternative ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And one more thing on Bitcoin : with the lighting network making steady progress, it seams feasible that bitcoin could be a platform suited for daily payments and even micropayements. The execution speed could be reduced to an acceptable time and the fees could be cut to the minimum. However, I don't believe it could be ever suited for IOT on a massive scale. Clearly the consensus emerging, for many technical reasons I am not going to detail here, is that for IOT, the right underlying structure is a DAG and not a blockchain.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fair points all around @blacksad, I agree it's going to be an uphill battle for Tezos and their governance model could very well end up in yet another plutocracy a la Lisk.
Have you looked into Hashgraph which, as I understand it, is also similar to a DAG ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had just heard about hashgraph, but not paid much attention to it yet. As you are asking, I read the whitepaper to better understand the project.
They are quite secretive about the structure of the data : they run a pattented algorithm as it seems. Anyway, I don't think it is a DAG, as there are 49 consensus nodes that put timestamps on each transaction and seem thus to order them in a kind of chain. I have no particular opinion on whether this is a good project or not : it strives to be an efficient platform for dapps and could be a contender for EOS in that regard. They don't make any comments on IOT and I don't think it is well suited for IOT anyway.
The core value proposition of a DAG is that each new transaction validates two previous ones (and makes some little POW to counter spamming), thus avoiding the need of any consensus node and more importantly of any fee. This property is key for IOT to make business models relying on gazillions of transactions of very little value possible.
The only other project I know of with an ambition to be a general protocol layer for IOT is IOT Chain (ICT) a chinese competitor of IOTA (they use a DAG and anchor some states on a BFT blockchain). Pretty tiny today as for market cap but they work closely with hardware startups in China, have a solid team and are rushing to put their solution to market before IOTA becomes an indisputable standard (Fujitsu wants to make of IOTA the standard protocol worldwide for IOT... It could fail, but that speaks volumes about the soundness of the project)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hi @blacksad
Recently you sold this card under market price
current price 1 card = 14.98 $ ( alpha )
sold = 8.90$
you lost over. 14.98 - 8.90 $ = 6.08 $
this bot bought your card - @mys
it's an a mistake and you want to claim or report
please contact @mys or report about this bot here https://discord.gg/CAFJRjY
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hop hop :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit