Topic: Crypto_2.0 / dump /{ data } - page 8. (Read 13878 times)

The NEM core developers and marketing team have been working very hard silently in the background.  Today I would like to announce official deals that have been signed.  
https://forum.nem.io/t/major-announcement/1670

SBI is the largest online bank in Japan founded in 2007 (by much older companies) with over 2,000,000 customers, access at every convenience store in Japan, and 3.4 trillion yen (27 billion USD) in holdings. They are looking to use NEM’s blockchain technology and services built on top of it to expand their reach as a digital bank. https://www.sbigroup.co.jp/english/company/group/netbank.html

10:10 <+defaced> One use case, is a decentralized autonomous organization. Or an organisation whos bylaws are  coded into existence.
10:11 <+defaced> another use case would be something like augur, or a decentralized prediction market
10:11 <+aaltc> @defaced:  can you give us a little bit of background on why one might be interested on Expanse over Etheruem?
10:11 <+defaced> or even multisig addresses, oracles who can tell you the weather, gambling services, pretty much anything you could think an old phone could do, expanse can also do, in a way that everyone has access.
10:12 <+defaced> https://media.giphy.com/media/3o85xIO33l7RlmLR4I/giphy.gif
10:13 <+defaced> eth is great because we can build cross network applications
10:14 <+defaced> it might be cost effective to build apps on exp, exp can also spend more "gas" per app
10:14 <+danconway> Through the use of smart contracts, programmed logic can be executed on the blockchain . This can be used for simple means, like self-assuring contracts, information registries (think replacing registering vehicles DMV with the blockchain, or instead of a global centralized DNS registry for domains, a decentralized public one),   to the immense: things like prediction markets like AUGUR, or an entirely open decentralized market ,  ranging all the way to entire enterprise organizations operated near entirely on the blockchain.
10:14 <+sicarious> perhaps you could expound on what makes EXP unique from ETH, besides the dev team.
10:14 <+sicarious> though I imagine you get asked that a lot.
10:14 <+defaced> Yea thats an easier question haha.
10:14 <+aaltc> thanks @sicarious
10:15 <+danconway> The primary difference between EXP and ETH would surely be the Decentralized Organization that manages the project, through it, all major decisions of expanse are made. Its design and whats implemented in it, its future goals and plans to implement them, management of its funds and assets.
10:15 <+defaced> ^ Agreed
10:15 <+cryptoclub> With Expanse of course we can experiment more, and the DAO will control the premine/reserve, allowing the community to participate in the experiment with their own ideas. We can try some different things than ETH, and of course speculatively with a very low marketcap there is always potential for gains for investors and traders.
10:16 <+defaced> Some technical differences are, higher block reward, longer blocktime to cut down on wasted mining, and a higher gas limit so people can build bigger apps
10:16 <+cryptoclub> The design has funding for 10 years in theory, perhaps longer. The white paper will explain more. It is pretty much ready now.

http://pastebin.com/5q5eHTKJ