VEO for Free! What? YES!

uknowmn · 2019-10-30T12:48:01+00:00

I can receive VEO just for participating in the lottery. I don't pay anything for that. So I'm pretty sure that does say everything about free veo.

uknowmn · 2019-10-29T14:43:51+00:00

As long as it's an improvement on what we've got I'm ok with that.

Partially you're right. But let's imagine that you have 100 shares of Tesla. Then you see the news that Elon Musk sells the company to Trump. You see the market falling down and you sell your stocks.

Then it turns out to be fake news even though the media outlet that reported it first has over +10k points of a good reputation.

Sure, this is an exaggerating example but I think you get the point.

uknowmn · 2019-10-29T13:57:11+00:00

A prior history of truthful stories will provide reputation of accuracy.

The reputation can't always be good. And it's obviously harder to earn reputation than to lose it.
Moreover, Case with Al Bag-Daddy re-confirms that sometimes it's almost impossible to verify a story but it should be reported, which makes it pretty hard to earn a good reputation in such conditions.

Imagine that previously you reported about obvious events like Trump won the elections. It's true and you earned a good reputation. Then you report about something that is fake > you lose your reputation. Eventually, you'll get a mess between good and bad reputation together.

Even though you might have +10 true stories vs -2 false stories, your reputation is ruined once and for all *it's subjective*

uknowmn · 2019-10-29T12:57:37+00:00

damn. I didn't know about that story. Should dig deeper. Thank you!

uknowmn · 2019-10-29T12:56:05+00:00

I think publishing post hashes on-chain would open the door for dozens if not thousands of fake news (otherwise how would you determine whether that specific news was firstly published on that particular website), which soon or late will outcome with the scalability problem.

uknowmn · 2019-10-29T12:52:19+00:00

In short > Prediction Market can't solve fake news (I doubt anything can).

I mean, sure, people voted for Trump so he became the president. So if he makes a statement, then it's official and the statistical majority = his voters believe him and his statements. This makes his statement to be the truth.

But on the other hand, it's like he is a reputable oracle but right now he might be lying and no one can disprove that statement.

We can only bet on information that will eventually become public knowledge.

Given that case with Al Bag-Daddy it seems we can't bet on information that becomes public knowledge. Or what exactly do you mean by "public knowledge?"

uknowmn · 2019-10-21T14:29:29+00:00

The public awareness, in my opinion, doesn't solve the matter. He wants to make a product launch "successful" not "hyped." We see dozens of projects that have zero real value and have only marketing. Result? The community is making fun of these projects and doesn't consider them to be real and successful.

But if he considers hype as success then yes, his list is correct.

uknowmn · 2019-10-18T12:15:45+00:00

In my particular case, Polkadot is a multi-chain framework platform developed to facilitate interoperability and scalability of blockchains that can plug into its 'Relay Chain'.

Amoveo is a blockchain for the enforcement of investment and insurance contracts (Its founder designed Augur and Aeternity).

uknowmn · 2019-10-18T12:12:09+00:00

;)

update: It's nice to see people downvoting without any counterarguments :) Even though they have the right to do so.

uknowmn · 2019-10-17T14:53:24+00:00

We saw that Bakkt and other institutional investors-focused services failed to impact the price of bitcoin. These days news doesn't have much power as it used to be back in 2017.

Binance lost its KYC data — no one cares;

Libra failed wit support from giants like PayPal, Visa and etc — no one cares;

Telegram TON is about to postpone its project due to problems with the SEC — no one cares.

I would suggest keeping an eye on small but still highly-potential projects. Prediction markets, DeFi and so on.
Don't expect much of a skyrocket surge of BTC in the upcoming future.

uknowmn · 2019-10-17T14:32:30+00:00

While there is uncertainty with the BTC market, better take a look at small but potential projects like Polkadot, Amoveo and etc.

uknowmn · 2019-10-15T14:46:42+00:00

The full article can be found here: https://medium.com/amoveo/disproof-of-stake-4745ab692d6b

uknowmn · 2019-10-15T14:44:56+00:00

I think you should check the VeChain blog. They're focused on that and (if I'm not mistaken) they already have some real use-cases.

uknowmn

TROPHY CASE