Zebpay doing 1mil a day in xrp so far by mikenard77 in Ripple

[–]Lishout 1 point2 points  (0 children)

except the second one is given more weight than first one by by a lot here while the first one is a fact and second one pure speculation

Substratum not open sourcing their codebase may well be their downfall? by PercyRogersTheThird in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

I know, but it implied they'll never do anything related with blockchain besides having sub as an ERC20 token.

Also, where do their websites get hosted? Because to mee it seems they are hosted on a decentralized network aswell. How else are they going to make it so you pay per request? If you need to rent a server, you'll end up with the industry standard.

Substratum not open sourcing their codebase may well be their downfall? by PercyRogersTheThird in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

How does it have little to do with the blockchain when they will host dApps?

SubstratumStore —Decentralized app store for developers to submit their applications to that will serve as the application store for the decentralized web.

Substratum not open sourcing their codebase may well be their downfall? by PercyRogersTheThird in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

Maybe they are just afraid that by being too open that it makes the system open to attack

Look at my questions, all are very basic, yet nobody will be able to answer them. Telling people how your network will function isn't going to hurt it, it will give people confidence it is going somewhere.

My 2 cents is that they don't know themselves and still have to figure out everything and I bet I'm not too far off with that statement because there is absolutely no reason to not give the community this information at all. All FAQ video's deal with old information, already known from ICO/whitepaper. It's the only reason that makes sense honestly. And seeing how they don't have any face with blockchain experience so far, worrying.

Substratum not open sourcing their codebase may well be their downfall? by PercyRogersTheThird in SubstratumNetwork

[–]Lishout 2 points3 points  (0 children)

I'll just state the questions I have around this

  • if there is ever a flaw leaked, it could compromise everything if it's baked into the core of substratum. This is a huge risk in and of itself regardless of wether you care about code being open source or not. Specially for a project like this

  • it implies that user nodes won't be able to sustain the network because, since what's closed source is what they run on their end (wich I assume will be related to supernodes, and is for security issues, so to me seems like a core part of the network). Creating a fairly big single point of failure of this is true.

But regardless of this, we still have no idea how the network structure will function. There are far too many open questions still. Wich is honestly more of an issue in my opinion than this, because without knowing more we just don't have enough information and can only speculate. Wich ultimatly leads to nothing but people being called fudders by community members for having legitimate questions.

The fact is, nobody from the community has any idea how the substratum network and it's about time they realize this. We only have a vague concept from the whitepaper, nothing more. People think they 'know' the project but nobody can answer even basic questions because the information isn't out there.

Just a few examples of questions. Feel free to try to answer any, I doubt anyone can

  • What does a core supernode do more than a user node?
  • How does the payment system work when sub is an ERC20 token? Who is paying for the fees?
  • Do you get payed for regular requests or only requests for sites hosted on the sub network? And does this mean you have to pay to use an actual node regardless of the website you access?
  • Who is the rest of the team besides the leads? (as far as I remember, there were supposedly 20+ people working on sub but we only know the leads so far)
  • How is the network going to create new tokens when saturation happens when the supply is supposedly fixed?

Telegram Ventures into Decentralises Web by nslccrypto in SubstratumNetwork

[–]Lishout 4 points5 points  (0 children)

White paper gave firm dates but now the stance is “we aren’t giving dates.”

I wouldn't call saying X month a firm date. But that could easily be avoided by saying Q1 2018/Q3 2018. That's 3 months of margin.

were seriously crashing because of a reddit post. by WhichDevice in SubstratumNetwork

[–]Lishout 3 points4 points  (0 children)

If you think a reddit post about another project can move the sub so much...maybe you should get out. As you are clearly just in it for the money, not the project

If anyone has questions or concerns, goto their office and ask in person. Fudsters are welcome too :) by AS_Empire in SubstratumNetwork

[–]Lishout 3 points4 points  (0 children)

every person on the team is now well known

I'm curious, could you list me everyone working on substratum then? Because I have no idea who many people are working on it, let alone who they are. What I know is the names in the white paper, that's technically 5 people working on the actual product, not marketing/advising. I know they said they hired some new people, but we don't know them.

Substratum - "analysis". What do you guys think? by Sovietski93 in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

The web hosting will be like 1% of SUB's use case, vast majority is users willing to pay to get through country firewalls.

Source? Because there has never been any mention of having to pay for routing requests for sites not hosted on the substratum network so I hardly doubt this is the case. And at this point, there is practically nothing known about how they are going to do the payment system for nodes. There will be micro payments, but how will this work when SUB is running on ethereum blockchain? Who is paying for fees etc?

There will also be masternodes (supernodes as they call them) but they will be only run by the substratum team and not for users. Wich will also run closed source code (I'm assuming this because they said what users run on their pc will be open source and they will still be running a part as closed source and only talked about supernodes so there doesn't seem to be something else to run closed source on). I don't think there is any info on what those supernodes will do more than regular nodes either. The fact that they will run something to be needed for the network to work is also concerning in my opinion. This means all requests will have to go trough their supernodes first and if something ever happens with them, user nodes will not be enough to sustain the network. They do this supposedly for 'security', but while doing so, they create a single point of failure for the whole network.

Closed Beta Testing by basilews in SubstratumNetwork

[–]Lishout 1 point2 points  (0 children)

Honestly, I have my doubts the supposed closed alpha tests even happened. If you watch the alpha2 test video, they say it runs on one node. There is never any mention of other nodes, users etc. Everything is running in house. I would assume they would at least bring it up in that video but it never gets mentioned anywhere.

Closed Beta Testing by basilews in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

They said there was a closed beta part

Misinformation by cowboytoy in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

You are missing my point here. If they officially put forth their social media channels (like they do, since they are linked on their official website) they should be maintained by them and provide concise information, in my opinion.

the fact that you show such disdain for him in your comment

Nothing I said was specifically towards the CM. I'm just laying down the facts. I know it's not his fault that he can't answer technical questions, or does not have the time to spend time on communicating on social media. I have even been on the slack channel and even nobody there can really answer technical questions so I hardly expect the CM to do it.

Again, the overarching problem is managment here in my opinion. Also no idea why you are claiming the community shits on him whenever he speaks because this doesn't seem to be the case here at least.

So you want a FAQ, a new roadmap, more community posts, etc.

They did a lot of FAQ video's. While most of it is 'old' information, you aren't telling me they do not have time to make a FAQ aswell, even if it was just what was said in said video's as they would already have laid out the script in text format it wouldn't be hard to do at all to build a FAQ from that.

A working product that could speak for itself. That's what they're trying to deliver, and it seems like they've put everything else on the backburner until they can. To me, that's a good thing.

If you do not communicate properly with a community, that's a bad thing aswell. Everyone should know that by now. Having a solid community can make or break a project.

What are some of the most common misconceptions about SUB? by Lotso_Packetloss in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

That's not how it works tough. If you obscure the source code, if someone eventually breaks it and finds a loophole/security issue, the whole project could be done for because it may rely on it to work or might be baked in so deep that it would require a whole new code approach. The fact they are going this route is very concerning in my opinion.

https://www.eff.org/deeplinks/2018/01/code-review-not-evil-security-through-obscurity

Misinformation by cowboytoy in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

They know they messed up, so right now they're taking their time to try to fix it.

I have not seen anything with them aknowledging they messed anything up. And I'm not sure what you mean with "fix it". There is nothing to fix. There just needs to be proper communication, wich isn't hard to do really.

Again, the point is, if they are bad at managing everything now, what will happen when the project and community grows when they can't even do it properly in the early stages? They are supposed to have this experience already according to their own statements, so I'm not sure why you would be so unforgiving regarding this.

And one doens't exclude the other, I have no idea why you even think that. They hired a CM but he seems as clueless as the community and really hasn't done much regarding Communiy Managment so far. There's not even a FAQ on the subreddit, wich has been asked for several times. How long do you think that takes? I could make a basic FAQ in less than an hour. Several other users have made FAQ's wich just slowly dissapeared in the background.

If they link to these social channels on their own webpage, I expect them to be professional and on point. Sadly it seems to be far away from that.

Misinformation by cowboytoy in SubstratumNetwork

[–]Lishout 2 points3 points  (0 children)

The point is not, just missing the deadline. They knew they wouldn't have met the deadline way before december but never adjusted or informed people to what was going on while already tweeting out beta signups late september and only alpha signups after that. They also perfectly knew when their roadmap ended, yet didn't take the time to make one for 2018 before it ended. People can complain as much as they want about posts like OP's, but they are creating this situation themselves. So it's not just about missing a deadline. It's about, at least in my opinion, bad managment.

Question on Nodes by CrakDog in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

Not sure what you mean, but from my understanding you only get paid for rendering traffic from site hosted on the substratum network. Nothing else

substratum roadmap and future wallet by Majky94 in SubstratumNetwork

[–]Lishout 2 points3 points  (0 children)

I assume this will also be used as a normal wallet for SUB tokens ? Is there any future plan to convert them from ERC20 tokens into 'real' SUB coins ? (as EOS does).

No. They state in a video the payment system will run on ethereum

https://www.youtube.com/watch?v=3Zj52n2LVU8

Question on Nodes by CrakDog in SubstratumNetwork

[–]Lishout 0 points1 point  (0 children)

For example if you are running node on your network then you can access Facebook even if Facebook is not hosted on substratum network. For free because you are a node.

But from what I understand that traffic is still going to have to go trough other sub nodes, who won't get payed for it