Maybe I haven't got this straight... This is a project whose "merit" WILL BE the creation of short of "ready-made" blockchains. I haven't read anything about BLOATING. I havent read anything about SPEED in transactions... but most of all I haven't read anything about SECURITY of the network. 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.
There are at least another 6 projects with similar technologies in much more advanced state of development, with a lot more money (hence time) and teams way bigger (in every meaning of the word). So why would you support this project? There's absolutely no reason whatsoever... But, above all, this is a group that, when and if they ever have technology on the blockchain that is of interest to anyone, 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...
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.
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" blockchainsThis 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 developmentStratis 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.