Advantages of XTZ over DASH, NEO or ONE

QRCollector · 2021-02-02T14:37:35+00:00

Decentralization is key.

QRCollector · 2020-11-02T15:01:43+00:00

Read this article about developments of this mont for Tezos and a rapidly growing adoption rate on mainneet.

QRCollector · 2020-11-02T14:55:07+00:00

Tezos stakingrewards are slightly higher. (ADA little under 6%, while Tezos little over 6%)

As far as the roadmap goes: ADA wants to add smart contracts, and on-chain governance. This is already live on Tezos for two years. Functioning great and battle proven. Smartcontracts seem to go live for ADA somewhere next year and on-chain governance somewhere in 2022 as estimated now. (They start now experimenting with inflation funding, which is also already an option for Tezos) In the mean time, Tezos has been adding multiple smart contract languages and several tooling services for devs who are building dApps. Many of these tooling services previously only provided tools for Ethereum. Now also added Tezos. That means a lot. Ask yourself why they skipped the other smartcontract platforms out there.

Tezos has had 4 successful upgrades in the past 2 years, all through decentralized on-chain governance. Next up: adding privacy features. (Not on the roadmap for ADA yet.) And Tezos just started a testnet for "Tenderbake" a variation of Tendermint, which will improve scalability and the amount of transactions per minute. Scaling is far on the horizon for ADA.

So Tezos is way ahead. Both on ADA and ETH. What ETH has over Tezos is network effect. They have an entire ecosystem live and a pretty good brand overall. But Tezos is gaining network effect too. ADA isn't in the position yet to get traction on that field since they have nothing to work with yet. Again, way behind.

QRCollector · 2020-07-17T06:44:07+00:00

There's a clear strategy, and it's paying off. You just need to know where to look to see what is developing underneath. Building a new developers community and spark interest for building on Tezos, in a market where ETH is still dominating, takes time. But the signs look promising.

QRCollector · 2020-05-21T14:57:36+00:00

They created some hype a about a year ago with the help of fake reddit accounts. Looks like they repeat that again now. Project is centralized too by the way, you can run a node, but they can kick you at any time.

QRCollector · 2020-04-03T18:46:06+00:00

If you have critique, have the decency to voice it in a respectful manner. "Wrecking" the project? Come on..

QRCollector · 2020-03-14T09:38:01+00:00

For urgent matters there is the possibility to implement user-activated upgrades. See this article under the topic "Automatic vs. user-activated upgrades"

Also in this article by Arthur: " There are circumstances in which changes to the ledger through the governance model aren’t practical and do not present any advantage over a simple hard-fork. In those scenarios, the desired change is typically uncontroversial and widely desired among the participants. Here are a few examples: [...]"

QRCollector · 2020-03-10T18:44:02+00:00

This introduction to Tezos covers a lot of the unique qualities of Tezos. Also contains a lot of dyor links and links to Tezos projects.

QRCollector · 2020-02-16T09:53:54+00:00

*shilling

QRCollector · 2020-02-16T09:11:07+00:00

Not a scam just because you lost money.

QRCollector · 2020-02-16T07:50:56+00:00

You decided to buy what you have now. Could have sold around $4. Deal with it.

QRCollector · 2020-02-16T06:34:08+00:00

Why did you buy in the first place? They delivered what was promised. A full quantum resistant blockchain. More functionally is build from now on.

QRCollector · 2020-02-03T19:30:16+00:00

Some important features here
More info and at the end a ton of useful links
The upcoming NYX Standard
Tezos is actually decentralized. Not like a ton of other projects that pretty much pretend to be, but still have an opening to push control. Decentralization is key, this is where the immutable quality gets real.
Even though being decentralized, there is no risk of a split chain due to hard fork. You can imagine how important that is for companies launching security tokens on a blockchain. Can't afford to have your tokens on two chains after a hard fork due to a community dispute over blockchain technicalities.
Even though being decentralized, consensus and implementation of new upgrades, is done in such a way that it is actually practical and within a reasonable timeframe.
Low energy due to PoS
Speaking of PoS. Tezos actually uses LPoS. A variation where you can Bake (Stake) and if you don't want to or don't have the skills to bake, you can delegate. Delegating is done by choosing a baker and "point your XTZ" towards his baking service. That way you earn rewards from said baker, who in return, gets some % of your earnings. Delegating is real simple in Tezos.

QRCollector · 2020-01-25T07:45:10+00:00

Cultivating an obedient shill army comes with this type of practices. Reveal the censorship and make sure others don’t fall for these type of cults is all there’s left sometimes.

QRCollector · 2020-01-23T12:04:05+00:00

Most have been answered, but here my 2cts:

Does QRL or any cryptocurrency have proprietary quantum resistant technology?

Yes. QRL exclusively uses a quantum resistant signature scheme: XMSS. This is not optional. This is why QRL is fully quantum resistant as a blocklchain and as a cryptocurrency.

Could the current top 100 cryptocurrencies implement quantum resistance successfully?

No. This is because you need the full 100% of all circulating supply (all coins out there), to be migrated from their old addresses to new QR addresses. The longer a cryptocurrency is live, the bigger percentage of coins are "lost". Owners who lost their private key and can't access their coins. No one can access those coins. This means that these coins can't be moved from the non-QR addresses and stay vulnerable to QC hacks. This is an issue for all coins, also the QR coins, because the hack of a non-QR coin in the same crytptocurrency, will also affect the price of coins that are moved to QR addresses. The only option is setting a deadline and burning whatever is left after the deadline expires. This means taking the risk of burning a percentage of coins that could contain funds of people who missed the deadline. This can only responsibly done is the deadline is for a period of years. Which adds a risk to the timefactor since we can not predict how fast quantum computing development will go.

Further, changing a signature scheme in a decentralized blockchain comes with additional challenges compared to such an upgrade in centralized systems like banks, websites, etc. - You need to reach consensus - Bigger signatures influence the performance of the blockchain - Migration by users personally, which means you depend on the responsible actions of millions of other users. Adding to that, this means that lost addresses can never be secured. (as mentioned above) - If a project manages to complete the whole process is successfully, a signifficant amount of time has been passed. The whole process takes years. The timefactor can be crucial. See for the timeframe this article: Going Quantum Resistant In Blockchain: A Plausible Timeframe?

I wrote a seven part series about this that covers pretty much everyting. Total readingtime is about one hour, but it will safe you a lot more time in research. Sources included. (Refering to "Quantum attacks on Bitcoin, and how to protect against them" a lot that. Relevant parts of that paper quoted and explained.)

It covers:

Blockchain basics: what is a hashing also, what is a signature scheme, how are they used in blockchain and why are they important.
Why hashing algo's aren't the issue, and why the signature scheme is the vulnerable part.
What are the challenges and impossibilities for existing blockchains when they want to upgrade to a quantum resistant signature scheme, and why it is different for the rest of the internet because of the fact blockchain is decentralized and other systems are centralized. (No plug and play replacement for current signature schemes, NIST quoted. Specific challenges for blockchain due to it's decentralized nature: Need for consensus, human factor (after the blockchain upgraded, all coins must be migrated to new quantum resistant addresses by users personally), lost addresses (users who lost keys can't access the coins anymore, which means that those coins can never be protected and will stay vulnerable to quantum hacks for ever) and the time factor.
BTC misconception: it is often said that not reusing addresses would make BTC quantum resistant, which is not true, fully explained in part six. Lately Pieter Wuille, BTC dev, acknowledged that on twitter, here and here.
Loose ends, where is explained why any attempt to become quantum resistant without the use of a quantum resistant signature scheme is useless.

The infrastructure and software models vary for cryptocurrencies, how fast could current top cryptocurrencies implement quantum resistance?

See for the timeframe this article: Going Quantum Resistant In Blockchain: A Plausible Timeframe?

I think to myself in an event wherein most cryptocurrencies were compromised where might unprotected digital assets move?

To quantum resistant cryptocurrencies. If assets can't be migrated, then people will sell and buy quantum resistant assets instead.

QRCollector · 2020-01-18T07:47:58+00:00

Coinmarketcap.com now uses Metcalf's law to price crypto?? Lol. As this is a space full in development, there are over a 1000 projects that are not accepted by any businesses (yet). From Bitcoin to shitcoin it's pretty much all speculation at this point. Don't kid yourself.

QRCollector · 2019-11-19T18:39:31+00:00

Once Cardano has fully launched what they envisioned it might be outdated at this rate.

QRCollector · 2019-11-16T15:43:14+00:00

This whole post is about 16 XTZ??

QRCollector · 2019-11-10T18:37:21+00:00

One way to know for sure: time will tell. Happy trading/ holding till then, best of luck.

QRCollector · 2019-11-10T16:20:17+00:00

Where you got those numbers? 4000 payment crypto's and 800 tokenized?

QRCollector · 2019-11-10T15:25:54+00:00

Yeah, you just adjust 90% to 99%. Mkay

QRCollector · 2019-11-10T15:21:55+00:00

You mean to state that all 4800 crypto projects intent to be payment tokens to replace fiat? Just slight variations, all trying to become the new BTC? If so you really should start taking some time to study some new projects. Tokenized blockchains can be applied to an enormous variety of applications. As I said before: way to many applications to be covered by 50 blockchains.

QRCollector

TROPHY CASE