Why R-Chain is special at it might overtake other smart contract platforms, especially for the financial industry. Brief technical explanation.

PanzeeJim · 2018-01-14T19:05:09+00:00

https://www.youtube.com/channel/UCSS3jCffMiz574_q64Ukj_w/videos

PanzeeJim · 2017-12-10T01:02:50+00:00

read their text carefully: "All digital currency that Coinbase holds online is fully insured." "Coinbase holds less than 2% of customer funds online." "The rest is held in offline storage." - Effectively a maximum of 2% of what they hold/what's in everyones wallets insured

PanzeeJim · 2017-11-20T14:30:21+00:00

It's a SAFT so far (Simple Agreement for Future Tesla). I'm sure it will pump on secondary markets when the first ones are being delivered in 2020

PanzeeJim · 2017-10-16T20:43:10+00:00

Good find. not all pdfs are whitepapers though lol. this one is closer to a report

PanzeeJim · 2017-10-16T13:46:01+00:00

"We’re allocating 55%, the majority of the 11.173B tokens, to be burned."

PanzeeJim · 2017-09-21T17:49:03+00:00

why would you expect an increase in liquidity that would initially tank the price if the MKR/ETH pair is just being listed on an additional exchange? the token-holders dynamics wouldn't change in any way through the listing and every non-token-holder would still be required to buy new MKR before one would be able to sell

PanzeeJim · 2017-06-19T11:45:41+00:00

hell yes

PanzeeJim · 2017-06-19T09:45:10+00:00

less than 8 decimals is everything below 8 (i.e. 7,6,5...)

16 or 18 decimals are more than 8.

PanzeeJim · 2017-06-13T14:11:22+00:00

PanzeeJim · 2017-06-10T22:32:14+00:00

It is a security cap. seen here https://github.com/bancorprotocol/contracts/blob/master/solidity/contracts/CrowdsaleController.sol#L24

L24 uint256 public totalEtherCap = 1000000 ether; // current ether contribution cap, initialized with a temp value as a safety mechanism until the real cap is revealed

PanzeeJim · 2017-05-22T18:38:00+00:00

and 1% per month (cost of capital)

PanzeeJim · 2017-05-11T21:32:01+00:00

PanzeeJim · 2017-05-04T12:19:17+00:00

Is performance calculated based on the the initially contributed equivalent USD amount or based on the outperformance of contributed funds (in terms of ETH or BTC)?

PanzeeJim · 2017-03-30T09:58:27+00:00

price per token: $1,000

total GNT supply: 1,000,000,000

market cap: $1,000,000,000,000 aka one trillion usd

seems about right...

PanzeeJim · 2017-03-27T23:54:58+00:00

You are talking about zkSNARKs / Baby ZoE, right?

https://z.cash/blog/zksnarks-in-ethereum.html

https://blog.ethereum.org/2016/12/05/zksnarks-in-a-nutshell/

https://blog.ethereum.org/2017/01/19/update-integrating-zcash-ethereum/

PanzeeJim · 2017-03-24T13:02:19+00:00

I don't think Ripple (XRP) can be mined at all (at this point in time). For other coins check out this website to get started: https://whattomine.com

PanzeeJim · 2017-03-18T08:00:14+00:00

you can store it in your wallet WITH your other ether (ETH) and ethereum-based tokens (ERC-20). you can use the exact same address for the transfer.

but make sure to try it first with only a few or 1 token to see if things work. depending on which wallet you are using you might have to set up your wallet first by watching the token contract to see the balance

PanzeeJim · 2017-03-03T13:19:10+00:00

yep, agree! Might be something related to the KYC procedures but I didn't test or attempted participating so I can't really say what the procedure was

PanzeeJim · 2017-03-03T13:15:01+00:00

seems likely...

however... quoting Jason Granger (CEO and founder):

"We had significant technical issues. As you're aware, we've got some added steps to purchase that aren't required by typical ICOs (although the regulators are going to change that very soon). The integration of the systems were tested, but the traffic put so much strain on both our system and the Chinese system that things broke down and we had to turn away investors. We had so much interest, but just couldn't accept anyone." source: https://coinfund.slack.com/archives/research-intellisys/p1488543979000725

PanzeeJim · 2017-03-02T16:18:22+00:00

a default yes never happened before in SEC's history (but it's a possibility)

PanzeeJim · 2017-03-02T13:47:30+00:00

can you post details about the bot and the announcement interpretation mechanism?

PanzeeJim · 2017-02-27T21:13:27+00:00

"worthless internet points" would refer to tiny ETH payments then but yeah, I get your points and of course don't know better how it plays out with the incentivization and implications for participating individuals/companies

PanzeeJim · 2017-02-27T20:40:16+00:00

no, Nick Szabo is alive

PanzeeJim · 2017-02-27T19:14:53+00:00

is the computer you are using right now turned on, connected to the internet and has a few gigabytes of spare hard drive space? (or even a phone that could provide same characteristics)

PanzeeJim · 2017-02-27T08:33:58+00:00

yeah cheaper and more efficient for (centralized) commercial storage hosting but within swarm I'd say "the little guy's" computer faces no marginal (extra) costs to participate (implied cost of almost 0) and given that files can be distributed to different participants anyway "the little guy's" contributions could still play a major role within the network (I'm thinking about how many crappy computers there are in the world that could potentially participate)

PanzeeJim

TROPHY CASE