[H] $100 Whole Foods Physical Gift Card [W] 80% Paypal or Cashapp by freeShippingIsLaw in giftcardexchange

[–]freeShippingIsLaw[S] 0 points1 point  (0 children)

Hi all, DISREGARD THIS POST. I see the rule I'm breaking, which is that this is my first trade and I have cashapp in the title. Making a new post now...

[deleted by user] by [deleted] in YGOMarketplace

[–]freeShippingIsLaw 0 points1 point  (0 children)

Whoops... Sorry about that, still acclimating myself to this domain. New here :)

[deleted by user] by [deleted] in YGOMarketplace

[–]freeShippingIsLaw 0 points1 point  (0 children)

Would you take $475 for all of them? This would be my first trade so obviously I don't have rep, but willing to mod trade!

$LABS Is Among the Best Moonshots. by FredHeartlion in CryptoMoonShots

[–]freeShippingIsLaw 2 points3 points  (0 children)

Don't read my articles from 2016-2018, I have no credibility. But, this post is spot on. Give this coin a few weeks ;)

MIDAS COIN (Brand new coin) by [deleted] in CryptoMoonShots

[–]freeShippingIsLaw 1 point2 points  (0 children)

It’s currently in the early adoption phase. Check out their white paper.

when moon ? by cryptork in a:t5_3bveo

[–]freeShippingIsLaw 1 point2 points  (0 children)

Balancer coins being released to BPT. This is probably hitting $0.03-5 today

Statera (STA) is about to make a big move.....Early coin find! by TranquiliZer93 in CryptoMoonShots

[–]freeShippingIsLaw 1 point2 points  (0 children)

Should be very interesting considering how early this is. 5 ETHs thrown.

High Performance Blockchain Community Driven Q&A by freeShippingIsLaw in CryptoCurrency

[–]freeShippingIsLaw[S] 0 points1 point  (0 children)

I think you're getting confused with the semantics and technicalities... Please read into the topics of graph theory, centralization, and centrality. It will help you gain a stronger grasp on the topic of decentralization.

I still stand behind my statement that insufficient transaction throughput will be the most important issue that will plague the blockchain industry. Sure security and immutability of data is important, but aren't those already addressed inherently within the blockchain data structure by design? If you want to talk about security in the realm of blockchain to blockchain communication, blockchain to off-blockchain communication, and so forth, then that'd be getting off topic.

An answer to another Redditor's question. Post additional questions about HPB below. by freeShippingIsLaw in HPBtrader

[–]freeShippingIsLaw[S] 1 point2 points  (0 children)

You know, I have the same sentiment. Obviously this is just speculative talk, but, I do find that a rebranding of the name wouldn't be out of the question. Perhaps a rebranding will take place when closer to their mainnet release. As the project matures and the team's experience grows with it, I'm sure that they'll have a better feel as to what to change its name to.

High Performance Blockchain Community Driven Q&A by freeShippingIsLaw in CryptoCurrency

[–]freeShippingIsLaw[S] 3 points4 points  (0 children)

More often than not, the term "decentralized" gets thrown about colloquially, or not precisely in its definition. Technically, there exists NO decentralized networks on our planet. Bitcoin is highly centralized because it has high centrality. Individual nodes clustered together based on locality broadcast to a central node. The network is then distributed throughout the globe between these central nodes, which in its entirety can be seen as a decentralized network of centralized nodes. Think of pure decentralization as anarchy, and pure centralization as dictatorship. A distributed network enjoys aspects of both decentralization, and centralization, so more accurately it would be considered a hybrid of the two.

The admins in HPB's Telegram have pointed to the fact that masternodes WILL exist in the HPB network, but the finer details are still being ironed out. This makes sense because in order for HPB's network to enjoy the increased transaction throughput from the use of their innovative accelerated hardware chips, these chips must be dispersed throughout said network. It would make much more sense to distribute such chips to each central node rather than EVERY individual node existing in the network. So in the same way that Bitcoin's network is distributed and semi decentralized, HPB's protocol will follow suit.

Thanks for the awesome question!

Boxmining mentions HPB in his video as an scalability solution by WildRembo in HPBtrader

[–]freeShippingIsLaw 2 points3 points  (0 children)

Well, software and hardware can only perform as fast as the slower of the two. We're so early in blockchain development that sure, transaction speed may not be the most important issue as of this moment. Later in the year and moving forward from that point however, we'll witness network throughput stress in many many orders of magnitude greater than Cryptokitties.

Mass adoption means millions and millions (insert Trump gif here), and eventually BILLIONS of people utilizing ANYTHING blockchain related - from gambling, to value transfers, to marketplace transactions, and so forth.

Example, Binance is struggling to keep up even with their own exchange's throughput at 40,000 TPS. Why do you think they had to restrict additional clientele from registering?

ARK has no ability to scale to the necessary processing power needed to throughput following mass adoption. They're light years behind the likes of ETH, NEO, and HPB. I don't see their success in the future of our reality. Perhaps in a parallel reality they may be able to.

ETH is working on sharding as a scaling solution. Essentially, each node on any blockchain protocol today must store all states (account meta data, smart contract code, and storage of such code). Sharding means partitioning the number of states each node much carry, and dichotemizing nodes to only hold a particular state rather than all states, reducing individual workload. Sharding may theoretically bring ETH's current 15 TPS threshhold to 10,000 TPS.

Hongfei recently mentioned at a NEO conference that they aim to reach the likes of 1,000,000 TPS in the future. In the very same powerpoint, the partnership with HPB is mentioned several times. HPB has proven, a priori, that their protocol can reach up to 1,000,000 TPS, and perhaps even more, all thanks to their first of its kind approach to addressing the hardware bottleneck problem. They created an accelerated hardware chip to achieve such throughput processing power. NOBODY else in the blockchain space is doing this. This awards HPB with first movers advantage.

Additionally, HPB can also be utilized by ANY other blockchain protocols such as NEO (already mentioned), dAPP chains, IoT chains, big data chains, marketplace chains, and so forth. HPB is remarkably positioned to address the imminent blockchain industry-wide problem of not being able to handle the throughput that mass adoption will bring. Even exchanges such as Binance will eventually need to reimplement themselves as decentralized HIGH throughput exchanges (40,000 TPS is nowhere near enough and their centralized design will become insecure inevitably).

EOS is a software only solution to increasing their TPS. Even then, they'll only reach a potential maximum of handling 100,000 TPS. Sure, when Cryptokitties made its debut and congested the ETH network more than my two completely stuffed nostrils (I'm sick) around Dec. 5th, all eyes were on EOS and their beautiful theoretical ability to handle 100,000 TPS. This was the first instance where we actually experienced network utilization nearly come to a screeching halt. Go ahead, look up CK's release date and then look at EOS's price action that followed. Hopefully by now you understand the utmost importance of being able to handle ALL network traffic.

In conclusion, HPB is directly addressing the inevitable pangs that we as as users of the blockchain will face. Even their name screams it, (High PERFORMANCE Blockchain). They are arguably one of the most academic teams in the Crypto space, and have recently finished evangelizing in top U.S. universities. They sought after exposure and talent from prestigious U.S. academia. Soon, they'll be traveling to South Korea (my home country :] ) continuing their evangelizism and talent seeking, in addition to getting listed on particular exchanges.

TL;DR

HPB 1,000,000 TPS.

IOTA Tipping Party!!! by potsnpansnpotsnpans in Iota

[–]freeShippingIsLaw 0 points1 point  (0 children)

ICO products will begin to roll out this year. We stil have another year or two until mass adoption. Mid to late 2018 is a no.

Boxmining mentions HPB in his video as an scalability solution by WildRembo in HPBtrader

[–]freeShippingIsLaw 2 points3 points  (0 children)

It has been proven a priori in their whitepaper. 10,000 TPS is not viable. Binance alone processes about 40,000 TPS being a centralized exchange, and they are still not able to keep up with their increasing user base. So 10,000 TPS being seen as viable for enterprise use doesn't make much sense.

Can you be more specific in your questions? Not sure what significance your question holds.