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Topic: [2016-05-13] R3 eyes $200m for next step in blockchain journey (Read 528 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Is it rather unfashionable to think that doesn't seem all that much for such a potentially universal thing? Maybe their beef has arrived after looking at the progress so far, or lack thereof, and perhaps the idea of giving them a couple hundred mil for spouting off a few buzzwords.
legendary
Activity: 3430
Merit: 3080
Maybe you misunderstood my statements.

No misunderstanding, you were lobbying pretty heavily for the failed XT/Classic coup attempts. "No, just big blocks!" Well, here's the original post, right at a time when XT was the only "big blocks" proposition: https://bitcointalksearch.org/topic/my-vote-for-bigger-blocks-1151409
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Of course i am in favor of that!  Smiley Maybe you misunderstood my statements.

Peter Todd is working on 2 MB blocks right now! So these are bigger blocks. I would like to see even bigger blocks (+4) but i guess it will be enough if we add additional improvements (thin blocks, SW etc).


(and still in favor of big asses too but i cant tell U more about that  Grin )
legendary
Activity: 3430
Merit: 3080
*ahem*

Not sure if I understand your comment Litecoinguy, you have been highly supportive of Mike Hearn's projects in the past. Why don't you like this latest Mike Hearn project?


Source?  Huh

legendary
Activity: 2408
Merit: 1121
Probably Hearn asking for more money, lol.

You mean a cabal of corporate jackals can't decide to get along? Oh no! What will Mike do when they run out of money to pay his stupid ass?

Does this mean R3 is a "Failed Experiment"?

LOL.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust



surprise surprise

*ahem*

Not sure if I understand your comment Litecoinguy, you have been highly supportive of Mike Hearn's projects in the past. Why don't you like this latest Mike Hearn project?


Source?  Huh
legendary
Activity: 3430
Merit: 3080



surprise surprise

*ahem*

Not sure if I understand your comment Litecoinguy, you have been highly supportive of Mike Hearn's projects in the past. Why don't you like this latest Mike Hearn project?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Blockchain consortium R3 facing unrest over capital raise

https://archive.is/SN7J9
legendary
Activity: 2310
Merit: 1422
They already asked for something around 40 million dollars in fees from their participants. What are they doing with that money? If I was a bank I would leave them. But I am no bank.
legendary
Activity: 1442
Merit: 1016
$200 million for what? For something that is going to fail in terms of disruption?
Ok ok.Cost reduction and therefore bigger profits is something for those banks.
A big chunk of that money will be burned for salaries I guess.And a few years later...sorry, but looks like we failed.Oooppss
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust



surprise surprise
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
R3 eyes $200m for next step in blockchain journey

Blockchain company R3 is looking to raise up to $200 million from its big-bank backers as it prepares to spin out part of its business, according to people familiar with the plans.

http://www.efinancialnews.com/story/2016-05-12/r3-looks-to-raise-200-million-for-blockchain-utility


the money pit.
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