Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 58. (Read 1891104 times)

if the ICO's that are built on strat see significant advantages compared to ethereum, I'm guessing we'll see a massive usecase in the stratcoin that way, but like you said i think all of them will play a part in the success of the token

https://twitter.com/Khil0ne/status/1070343348026773505

https://twitter.com/Khil0ne/status/1069937895560105984

I'm not sure what will end up being the main utility for the Strat coin, but these are some of the things it will be used for:

1) Funding sidechains. In order to use a sidechain, Strat must be sent to the sidechain federation. In return, sidechain coins will be released to the sidechain user. The Strat is locked up until the sidechain coins are sent back to the federation, at which point the Strat will be redeemed by the user.

2) As gas for smart contracts. Stratis has a similar gas solution to Ethereum in that the gas is the coins of the chain to which the smart contracts are deployed. So in order to use a smart contract which is deployed to the Stratis mainchain, the user must spend some Strat as gas. Similarly, to use a smart contract deployed to one of Stratis's sidechains (which is where most smart contracts will be deployed) you must spend some sidechain coin as gas. Since this sidechain coin is pegged to Strat (via the cross-chain relationship above), this translates to utility for Strat itself: you need Strat in order to receive sidechain coins with which to use smart contracts (UX of this process need not be so technical, this is just the underlying economy).

3) As received funds through the ICO Platform. The Stratis ICO Platform allows investors to invest in an ICO using all of the major cryptocurrencies (something like 50+ of the most liquid coins). Any of these currencies which are not Strat or BTC will be automatically converted into Strat via Changelly. Changelly automatically buys Strat from exchanges with the other currencies. Projects can receive up to 400 BTC as well, which is to help alleviate the impact on the Strat markets of projects liquidating funds to pay for development post-ICO. Besides this BTC, the projects running ICOs/STOs through the ICO Platform will receive Strat.

Then there are specific use cases which are periphery to the core platform. For example, Strat is used to perform attestations in Stratis Identity. Those kinds of utilities are for applications built on top of the Stratis Platform, so who knows what utilities could be dreamt up, which is why I'm not really including them in what I think of as the core utilities for Strat.

May as well take a punt at what could be the main use case for Strat. If I had to make a guess, I'd probably go for "funding sidechains". The smart contracts will be deployed to a PoA sidechain network which is coming out this month. To use these smart contracts, Strat will have to be locked up in return for the sidechain coins. These coins will in turn be used as gas for the smart contracts. Even the token issuing contracts alone could see a lot of Strat being used for funding sidechains.

Allthough I believe Stratis is a great platform that will make blockchain integration easy and practical for businesses, what will be the main usecase for the token (outside of staking/masternodes?)?

Weekly #48

https://twitter.com/Khil0ne/status/1069636542812049409

https://medium.com/khilone/the-unofficial-weekly-stratis-retrospect-48-khilone-7f66fb47e203

Bravo! you took brave decision even it is very difficult for majority of the people to put their trust in any project but I also believe Startis has huge potential to bounce back. We have active team behind but overall market conditions are bearish and it looking for breakout.

all in stratis now breakout about to happen

I doubt that bitcoin will fall then such figures, it is likely that it will touch the mark in 3K, but below there is no

Here comes the pumps for releases, set sells at $1.50 - $2.00.

Once everything is out, expect new lows. $.20-$.30 .

Stratis price depends of market situation. I don't think that any movements of Stratis team in the next year could change STRAT price without changing situation on market.

Correct I made an error, its about 35x lower but from here on out we'll prbably see x50 ROI's in a matter of 5 years. Stratis still has a long way to go but all the fundamentals are there

$22.77 was the ATH of this project it is not 50x as compare with current price. Potentially it has more high chance to get recover to this price so it is just matter of time. I also will do agree with you now it looking more interesting than before.

Well, if it'll reach ATH again, yes, today's investors may get a x50 profit. Will it? Well, if the team will do their homework properly and we'll have another major bullrun in the crypto sector, then probably yes. If  not, then not. Everyone should decide if to take the gamble or not.

https://github.com/stratisproject/electrum-stratis/releases/tag/2.7.17

https://stratisplatform.com/2017/01/13/update-on-our-electrum-stratis-wallet/

where can i download stratis wallet electrum. that is not in new websait???

I know who you are.

100%. Bitcoin is going to 2.5K. You will loose everything you have. Sell now to safe that littlebit you still have left.

If you guys keep your expectations in check, there is great rewards for us at the end of the tunnel. I believe and this is my opinion only, Stratis will continue to build in 2019 to keep the momentum going. There are a lot of features from other Blockchain that Stratis can incorporate like oracle for SCs.

You have very good memory sometimes it took very long time than our expectation. I still have good hope for the future of this project it has edge. This year is not good for any project all markets went down and this is still going on but have patience next year will change the situation.