EXPANSE NEWSLETTER Vo. 2, No.9 – 5/1/2017 Expanse Live, EBS Update and China (CNY) News
"Smart contracts cost 1/50th as much to run as Ethereum, making Expanse practical to use as a dApp platform. The design is highly efficient with less than .05% uncles per 1000 blocks compared to over 8% with Ethereum."
Since you are comparing Expanse to Ethereum, does this mean that your goal is to compete with Ethereum in the smart contract field or is this an "apples to oranges" analogy?
One concern many traders and investors have in cryptocurrency is the concept of infinite tokens issued over time, while this is not real unless a crypto lasts for infinity, this is still a very real way that people think about total supply of tokens and coins. Christopher Franko and James Clayton, the original founders, propose that we limit the total supply of Expanse and put a cap on it in 80 years. This will not change inflation or impact utility in the slightest bit, this is not about halving block rewards, simply capping them 80 years from now. The only thing this would change is the monetary policy and create more scarcity for Expanse.
About 350m EXP total Expanse to exist at block 42,000,000.
As Ethereum plans to cap itself around the 100M range and is being used much more, is it possible to bring that number way down? From an investing standpoint, scarecity IS important as mentioned and since Expanse will not be used on the scale of Ethereum, the number should be much lower to provide incentive for holders to keep the value of Expanse high. Assuming the marketcap does reach $100M (Over 10x as of today), with 100M EXP in circulation, the value would be the same as it is today... $1.
The value of EXP will not affect EXP users as payment gateways would instantly convert fiat to EXP.
You just said: $100M (Over 10x as of today), with 100M EXP in circulation, the value would be the same as it is today... $1.
ohhh.... This dont make sense at all. Supply is very low now and not getting bigger. I would say the value would be about 5$ or even more, wich is more realistic if Marketcap will be 10x today's...
Just weit, EXP marketing just started and will be on very large scale when investors start pouring in. This WILL be same if not better than ETH.
You will remember my words, beleave me
Oh.. and in 2 months value of EXP has grown 5x and marketcap 5x aswell
Try reading and thinking about what I posted before you try to correct me. I know how offended "investors" on Bitcointalk get when anything besides moon gets said in whatever coin they are investing.
My post wasn't an attempt to bring the value of Expanse down if that is what you are worried about since you apparently have to say useless garbage like "You will remember my words, beleave me
"
No, I won't believe you with your horrible English spelling and literally saying nothing of value.
Now... to the technicals...
You just said: ohhh.... This dont make sense at all. Supply is very low now and
not getting bigger. I would say the value would be about 5$ or even more, wich is more realistic if Marketcap will be 10x today's...
As I quoted above from the official blog post, "About 350m EXP total Expanse to exist at block 42,000,000".
I believe this is a large inflation rate for Expanse and should be lowered in the interest of investors to below 100M total EXP. Due to the reputation and outreach of Ethereum, realistically speaking, Expanse has a very small chance of trying to be "better" than them as they can adapt at a faster rate.
What I want to ask is, what is the purpose of Expanse? What is Expanse trying to solve or do?
As asked before, is Expanse trying to overtake Ethereum or is Expanse going a different route by trying to solve something different?
Thanks in advance.
Interested to have this answered as well. And I love how you trashed that guy, great stuff.