I think the blockchains now are like the internet was in '95. Besides BTC's proof of work consensus algorithm the majority of the rest of technologies are in alpha/beta stages, ready to launch sometimes next year: proof of stake algos, smart contracts, blockchain based computing, the lightning network, most of the governments not knowing how to treat the crypto economy, etc.<p>While the market capitalization grew from 20 billion usd, close to 70 billion this year alone, I think the big growth will start next year, when some of these technologies will reach the production ready phase.<p>As a technologist, I wouldn't forgive it to me, in say 10 years, that I didn't tried to ride the blockchain train if it becomes mainstream.
Please stop pumping little mini Ponzi ICO's. Please stop shoving new tokens to get rich under the guise of "anti-spam." Please stop trying to get rich on tokens. Storj and it's stupid token preceded this stupid token.<p>Blockchains are useful for an extremely limited set of circumstances. They enhance trust at extreme throughput and expense. If you can solve trust almost any other way, its better. disclaimer, I'm long as fuck bitcoin, however I know that it's still risky, and has a rather unaddressed lists of vulnerabilities in it's wiki, and has very limited use cases beyond emergent ponzi value.<p>That being said, creating a digital scarcity to act as functional proxy for human productivity, thus money, is hampered by every new shitcoin. Digital scarcity can be ruined for a couple decades, and every new shitcoin enhances that negative outcome. Utility before pump and dump please.
<i>Investing in token sales shouldn’t just have the potential for profit, it should also be simple, understandable, and enjoyable. It’s time to take token sales mainstream.</i><p>- coinlist homepage<p>Because there isn't enough speculation in the space already. Wonder when this bubble pops?<p>The pitch must have been something like "did you know that there are over 800 coins listed on Coin Market Cap and that 795 of them are nothing more than vehicles for speculation. What if...what if we created a platform which allowed us to launch the next line of speculation?"<p>The person in the meeting who asked about practical use and societal benefit got overruled pretty quickly because all the VCs saw was $$$.
Is there some sort of aggregator for these early crypto offerings? Still kicking myself for not participating in the Ethereum pre-sale after a friend linked it to me and I just wrote it off completely. Love me some gambling.
Looks like there are at least three semi serious storage related blockchains: sia, filecoin and storj.<p>Are any of these reasonable to actually use at this point? It looks like siacoin doesn't actually allow for true backups yet. Filecoin hasn't launched. Haven't looked into storj much yet.
This article is about how Juan Benet's Protocol Labs is getting into cryptocurrencies to fund protocol development. The basic idea seems be that a new protocol will have a cryptocurrency attached to it that will capture some of the value the protocol provides, and this will provide funds for developing additional new protocols.<p>In addition, if I understand it correctly, they are developing a way of making investing in the development of new protocols into securities that ordinary people can buy, instead of raising funds from VC's.<p><a href="https://protocol.ai/blog/protocol-labs-creating-new-networks/" rel="nofollow">https://protocol.ai/blog/protocol-labs-creating-new-networks...</a>
If you like to follow good blockchain progress to move beyond proof of work take a look at <a href="https://dfinity.network" rel="nofollow">https://dfinity.network</a> using threshold relay chains.
It's too weird and obscure to become a tech bubble, but making "pre-purchasing new digital coins" easier is not something I would support or encourage in any way.
coinlist announces SAFT - Simple Agreement for Future Tokens, inspired by YC Safe! <a href="https://coinlist.co/about/help/saft/" rel="nofollow">https://coinlist.co/about/help/saft/</a><p>anybody know why this is generally relevant w.r.t the regulatory landscape around bitcoins ?
there is something odd about a new modern company like this not using SSD drives <a href="https://coinlist.co/static/media/landing.6efaa9c2.png" rel="nofollow">https://coinlist.co/static/media/landing.6efaa9c2.png</a>
Calm down folks, Coinlist is not for you (and not for me):<p><a href="https://coinlist.co/about/help/investors/2" rel="nofollow">https://coinlist.co/about/help/investors/2</a><p>They require you to be an accredited investor. For those who don't know what it is:<p>It's the single biggest reason why rich become richer and the rest stay the same. In short, you have to have at least $200k yearly income (per individual) or $1M liquid net worth in order to be an accredited investor according to SEC.<p>I hate so much this regulation! Just because of some retarded voters can't realize risks they taking, the rest must be out of all sweet deals angels and VCs are making.<p>What the government tells you: stay where you are or invest in crappy index fund and it takes you about 23 years to get $1M if you invest $1000 each single month and every single year index grow 10% which never happens by the way.<p>I'm so so glad that first time in history the government forgot to put their heavy hand and I had a chance to invest in Ripple before Google Ventures did. So now, for the first time in my entire life, I'm enjoying the same rate of grow as Google Ventures and Andreessen Horowitz.<p>So folks enjoy the crypto-party, dance till music stops!<p>It won't last long before the government with support from leftists impose new regulations when a few retards lose their money in obviously scammy ICOs.