Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 1042. (Read 1891106 times)

Any other questions let me know.

Thank you for clarification

Dont' Ignore the Dude he has 3 years of experience in the cyptoworld as said by him cos of his rank  
His experience taught him to be a crypto expert and can tell shitcoins from the start "Which are pretty obvious shit" even one who can tell without being around for 3 years

checking his posting history.. it seems like the others said are true, he is a pessimist.

Time for me to use the ignore function I think

barabbas, you do this long winded tirade on so many coins pages. No one will take you seriously if they look through your post history.

I don't even think your a troll, your just kind of  ranting.

In case you want to show the currenct STRAT price on your website or somewhere else, you can use the following URL: https://rawx.io/data/price.png?b=BTC&o=STRAT



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Oh I could give you a very, very long list of shitcoins "valued" at that with 100 million. Take one trying to be launched today I believe, Lazarus or something like that. Valuation, 100 million or so, 1.57 BTC (most of it from the dev himself, I believe). There are hundreds more, most of which ceased to exist long time ago.

This appears to be different, though. Not exactly a clone although... but the questions remain, clearly, that this could be and probably is just an scheme -not scam, necessarily- to make half a million bucks to develop some interesting -if crowded- technology that can benefit the dev team , AND ONLY THE DEV TEAM, some time down the line. There's nothing else in it -that I can see-, except for speculators like you. As pointed out previously, probably if you can get it at the rights steps on the way down, you could pocket some nice trades on the many rebounds sure to happen along the way. But, like I say, it is just my opinion. What the hell do I know, right? You see those circle under my "name", they represent 3 + years of experience watching dozens of projects. Not that it makes some kind of an expert, but certainly someone who has seen quite a bit in crypto world. Take from that what suits you best. Good luck!

Stratis allows developers to create applications in C# and Microsoft's .NET framework. C# is one of the most dominant languages in corporate and financial services development.The Stratis Full Node Framework is a based on Bitcoin Core and utilizes the proven and trusted architecture and consensus model of Bitcoin.

Stratis is not just a private chain solution or even just a C#/.NET development framework. Stratis is a full scale Blockchain Development Platform that simplifies and accelerates the development life-cycle for organizations that want to develop on the blockchain.

Our lead Stratis Bitcoin Framework developer is Nicolas Dorier, he developed NBitcoin (The base for our Full node framework) which is the only cross platform implementation of Bitcoin and the most complete implementation of Bitcoin in C#. He has also authored a book on Blockchain development. Nicolas also made minor contributions to revolutionary Bitcoin Improvement proposals, such as Segregated Witness (Segwit) and OP_CSV.

So our Full Node framework is going to be developed utilizing the consensus model and core architecture of Bitcoin, by a well proven and highly talented Bitcoin developer. As we have seen with some of the recent events, code can have bugs and building financial platforms on bleeding edge tech comes with risks. We are limiting these risk for businesses by building on proven technology, while also have our own corporate identity, for businesses to purchase services there has to be some level of accountability. Stratis will provide this with the Stratis foundation.

The standard private chains will require Stratis tokens to be 'locked' as part of the 2 way peg to private chains. Stratis tokens will also be the currency utilized to pay transaction fees to miners. When we migrate to our own customed POS Stratis tokens will be used to secure the Stratis chain and the private chains.The Blockchain-as-a-Service platform will be also be fueled by Stratis tokens, users will be able to deposit digital currencies or pay via paypal and Fiat to 'credit' their account with Stratis tokens to fuel their node.Our fiat gateway technology will also charge a fee in Stratis, but note there will most likely be a fee on the fiat side also. This will be one of the centralized components of the Stratis Platform, but its the only way to have Fiat gateways and be compliant with the various regulations involved.

the price can be easily manipulated by some whales, so first we have to wait what the developement team will deliver and i'm quite optimistic here  .

no it can't - if project want to be successful -- with half price it's $500k MC - it's absolutelly nothing for b2b..

so price must be 50x higher at minimum to be interesting for b2b..

I think this coin could halve in value (or even more).....but it could go up 20 times plus too.

-Snip-

I suggest joining the Slack and reading or watch the video on the original post.

Ether is the fuel that power Ethereum platform. Stratis is not a fuel but a platform for businesses like IBM, Microsoft etc

can somebody explain to me how Stratis tokens are supposed to have value? How will Stratis tokens be used? what's the business model for us as investors, is it like a fuel like Ethereum?

I'm going to try and dissect what you're saying because there's a-lot of fancy relatable 'keywords' which don't make sense in the context.

1. This is a project whose "merit" WILL BE the creation of short of "ready-made" blockchains

This projects "merit" will be providing a BaaS turnkey solution in C# with other potential consumer applications. All that led with a professional, experienced team in the related industry.

2. I haven't read anything about BLOATING. I havent read anything about SPEED in transactions...

Again more keywords which aren't really relatable or specific to this project. It's ironic you mentioned speed as Chris has already outlined one of the use-cases as providing a possible solution to Bitcoin micro-transactions. Technical specifics on the full node framework haven't been released yet.

3. but most of all I haven't read anything about SECURITY of the network.

Sorry? It's a hybrid PoW/PoS network. What "security of the network" specifics would you like? It's a token representative atm anyway.

4. So I will assume there's dependent on the number of nodes operating it (in other words the name of wallets staking), so, since no one is doing it -and this is a figure of speach; it means very few people, I'm going to assume the vulnerabilities are simply overwhelming.

I'm convinced you're talking out your arse now. Yes security in PoS does depend on people staking congrats you've worked it out. There is also PoW as a hashrate which last time I checked wasn't even profitable to mine! Is no-one doing it? Damn I guess I'm on a hard fork then. Yes that's good as a result of all that you've concluded massive vulnerabilities, congrats.

5. There are at least another 6 projects with similar technologies in much more advanced state of development

Stratis is the currently the only project developing a full turnkey BaaS solution in C#. That, as I've said, with a team with industry experience. The most similar project is NXT which has a management that doesn't listen to their community (imo) have no ico funding and have a timeline that concludes in over a years time (where Stratis expects to begin consultancy services in December). They also have no focus on fiat integration and the scope for Stratis is much larger. You've also got the relative market cap sizes ($30 mill to $1 mill) and NXT is highly inflated from it's $6 million a while ago (not sure on this going from memory). I'm keeping it brief here because I could write an essay on these comparisons.

6. will SELL their services as consultors to whatever enterprises are interested. They will get paid for that counseling and you, the Stratis holder, get... well...

I don't think you understand providing consultancy services acts as a complimentary feature to the BaaS platform. The whitepaper already discusses many of the various ways Stratis holders will benefit from demand for the 'token'.

7. That this thing is still being traded above the ICO price is only due to the speculative nature of the crypto world. And it will be brief, for sure. No way, at this point, this are worth anything beyond (very low) three figures, even less. And that would be a best case scenario.

Speculative it is indeed but as I've explained in many posts how I feel this project it is undervalued significantly. Especially when, as you've said, compare it to other similar projects.

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I typed this very quickly as it's late here and I cba checking over spelling/grammar. Apologise.

There seems to be some sort of correlation between the dumping and the amount of trolls/fud popping up on here. I can accept criticism but a-lot of this stuff is just ridiculous. Then again the crypto world does have it's fools.