Topic: Blocknet, Etherium or Maidsafe - which is the best? (Read 2918 times)

Not much faith in any of them. I would say NEM if it was on the list.

Still waiting for the release of Ethereum . So wouldn't be able to comment on it yet.
As for the others, I am also pretty much unaware about them.

Maidsafe and Ethereum are still on my watchlist
Blocknet never made it to that observation

So from the above two would say Ethereum since they promise a release very damn quickly while Maidsafe is still a ways off for now.

blocknet never a pump you moron because it never or hardly pass it ipo/ico/ito price

I haven't had a chance to delve into the white paper yet, but the idea with Etherium is that it comes with a built-in programming language, so you can embed code into your coin, which in turn is embedded into the blockchain. That makes the coin incredibly versatile.

Really really like this response   

Thanks for all the replies. Interesting. I am invested in Blocknet and Maidsafe for the record. 

My understanding is that maidsafe has been around since 2006.  I don't disagree with the mission statement.  I also don't disagree with feeding the poor, killing bad guys, or destroying the company known as Apple.  That doesn't mean whoever uses one of those things as a slogan is going to get my money.  I've seen half a dozen coins claim, try (not very hard) and die.  Not convinced that's what maidsafe is - it just isn't as simple as agreeing with the sales-line somebody throws at you.

Blocknet is a GreatValue brand of SuperNET ripped off by a pump and dump group + a desperate dev.  Both ideas I feel are pretty limited.  I haven't been able to have anyone explain how they're more than an exchange going on behind the scenes.  BlockNET is a scam.  SuperNET is a project to help someone offload a lot of their assets.

Ethereum is an ambitious project.  Some people hate how much money they've raised & feel it's been way over funded.  They've developed much more functional products than any of the other projects mentioned but have had an ongoing beta for almost a year now I think.  Bewarned the developers have awarded themselves ongoing bitcoin salaries + pretty good chunk of ether.  Basically a 4 year premine was sold upfront to fund the project.

They are all trying to do different things.

BlockNET/SuperNET - Decentralized exchange working as a middle man to do stuff with different currencies.  (Send bitcoin to bob using cryptonote technology by buying BBR's behind the scenes / sending them / exchanging them back for bitcoin / delivering to bob).  No volume will limit whatever practical use this might have to useless (IMO)

Maidsafe - Share computing and bandwidth resources between users and incentives by creating a coin that is harvested as you share your resources.

Ethereum - A programming language (that works on it's own blockchain - not bitcoins) to allow more than simple trust mechanisms to be achieved by consensus.  (They market DAPP alot which IMO belongs to Maidsafe more than eth ...)   Think reputation systems, crypto AirBNB/Uber, Decentralized Exchanges, Provably fair gambling, leveraged assets, etc.  Goal here is to have the best toolset possible by far to build these & more.  Who knows how things will go after they release the genesis block - but all beta releases have seemed to be fully functional and do what they say it's going to.  IBM forking their code means that it isn't just a smokescreen.

There is an alternative open source project somewhere recently to allow for a programmable blockchain to be plugged into any altcoin - was it called AT?  Automated Transactions?

Not to be a d*** - but if you're interested read the blogs of each of the websites / projects.  If they don't have blogs read their posts (think jl777 guy always just posts informal stuff so probably have to dig...& then synchest).  Look at who is associated with the projects.  In other words look at these three groups

prometh3us / Dan Metacalf (blocknet)
jl777 (supernet)
Nick Szabo / IBM (ethereum)
Maidsafe (?)

... try to find who is interested in which project.  It will help paint the picture for you.

Quality of reddit groups is also a good way to gauge quality of interest in a project outside of the pump and dump nature of the forums.

How can you call something a scam when you can download and test the software?

"The vision is Privacy, Security and Freedom for all of the people of the world."

Who isn't going to support or use software that's main goal is what's stated on the line above?

People will use this software even if it isn't making them "tons of cash" just to be part of the movement. Look at all the people are supporting Tor for free by being relays?

I honestly could care if anybody in this string buys any of this coin but this whole project is a winner in my book.

I missed out on Bitcoin because I was so hesitant in throwing money at a "bad idea" but I will not be missing out on this one.

Ethereum is currently at the top, but it mostly depends on what happens after launch. Till then its a bit uncertain.

Ethereum > Maidsafe

This Blockshitscam is net even worth to mention.

I don't get why selling ICO coins is considered shady around here, but asking everyone to mine your coin based on a vague road map is somehow fair territory.

As much as people like to blame ICO's for the "death" of alt coins, i've witnessed far more POW scam coins over the last year than ICOs.

SuperNet

No it's not.

They have similar goals. But the code for each is being written from scratch by two completely different teams. Neither of which is even finished yet.

blocknet is a clone of supernet. supernet is much further in development.

so I'm going to assume this is a troll thread by trying to give blocknet some credibility (by name dropping ethereum and maidsafe in the title).

They are all quite different.

Blocknet is supposed to link up the blockchains of different coins. So if one coin offers a coin mixing service e.g. Xcurrency or DRK, and another coin offers a VPN service then with Blocknet you can use all these different services without needing to own the different coins.

Etherium is some turing complete bullshit.

Maidsafe is meant to be a decentralised internet, with Safecoin being the currency used to power it.

I think they are all good investments. Much better than a copy paste alt coin which offers nothing new over Bitcoin. It's no coincidence the majority of coins in the top 15 by market capitalisation offer advanced features and innovation.

Which is the best investment is impossible to say. Blocknet is absolutely dirt cheap because of the FUD campaign against it. But it's the highest risk. Maidsafe will likely move up to number 2 crypto in the next 2-3 years *if* it can deliver on all of the tech it's promised. I actually think Maidsafe/safecoin has the greatest chance of overtaking Bitcoin's market cap in the next few years of any other coin.

All of this are sucks, there is not need these coins.

This article explains the Maidsafe Network and how Safe Coin will work with it.

http://blanshey.com/introduction-to-maidsafe-what-it-is-how-it-works-and-how-it-compares-to-bitcoin/

Read this and then let me know what you think?

True, so maybe I won't be able to buy tens of thousands of them that cheaply. The point still stands though, MaidSafe's life force isn't bound to SafeCoin's value or stability, so at some point it would bounce back.

One of the interesting aspects of MaidSafe is that when you buy storage from the network, you're not directly paying a storage providing user (farmers). Instead you pay the network itself, which absorbs the SafeCoin. The network rewards farmers over time for providing stored chunks of data on requests from other users. The network will algorithmically determine both storage costs and farming rewards, based on the available storage/used storage ratio.

If SafeCoin's value falls, this will make storage very cheap (and maybe some farmers will go offline since farming is less profitable*), so the network's storage will start filling up. The network will react to this by increasing the SafeCoin price of storage and increasing the farming rewards. That will stop most people from buying more storage space, and will attract more farmers.

When SafeCoin's value suddenly explodes the opposite will happen to the storage ratio and thus to the costs/rewards. This way the network itself creates an equilibrium of supply and demand of the network's resources, regardless of SafeCoin's value swings. Hell, it's even able to deflate the total amount of SafeCoins in circulation by charging somewhat more for storage than issuing to farmers.



*Farmers build up reputation over time, and powering down reduces reputation. Reputation increases farming rewards, so it disincentivizes farmers to go temporarily offline during dips

these dumps tend to occure on high prices.