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Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 580. (Read 1891311 times)

newbie
Activity: 18
Merit: 0
They take the coin out of the circulation.. So the more company get stratis to start their own blockchain, the more the price of the token increases.
So we're good to become rich as stratis holder.

full member
Activity: 155
Merit: 102

Companies need STRAT to start up their own chain and those STRAT get burned. What do you mean, they are not required?

Can anyone confirm this? Is it in the white paper?

My understanding is the coins don't get burned, and it also clearly doesn't matter that they don't get burned. Strat will increase in value as more people wish to use its multi-faceted platform. It's that simple. This isn't a Ripple rip off scheme to falsely inflate value by burning, uhhhhhh errrrrrrr, "locking up" coins. The main way coins will be removed from circulation is the operation of Masternodes, the one announced level that is currently for sure being 250K Stratis to run a Masternode. The total supply of Strat will be about 98,300,000, INCLUDING whatever is taken out of circulation by people running Masternodes. There will also be lower levels of Masternodes performing different tasks. Those haven't been announced yet in terms of the numbers of Strat required to run them, but I think it's safe to assume they will look something like 100K, 50K, 25K in order to run those lower levels of nodes, and it has already been officially announced there will definitely be lower-level nodes, the finer details of which will soon be announced. Then, those coins required for the lower levels will also leave circulation as more people decide to run those sorts of lower-level nodes.

So, there will consistently be coins leaving circulation, and there will consistently be more demand to use those coins due to Strat's unique platform written fully in C#. Devs like this because they don't need to learn a new programming language to build on the Stratis Platform, as is complicatedly required to build something using Ethereum. No offense meant to Ethereum, but that is a fact. Stratis is more accessible to a huge amount of devs who are already fluent in C#, so the demand for Strat consistently increasing is pretty easy to see happening for multiple reasons, not all of which I bothered to mention.

One final thing I will bother to mention is that Strat's sidechains will all be built off of the BTC blockchain and will allow sidechain upon sidechain to be used on the BTC blockchain without introducing bloat. It is completely complimentary to Bitcoin, even beneficial for it. New sidechains can also be built upon any Strat sidechains, all without increasing bloat on BTC's blockchain (or any other Stratis sidechains). We all know there is no more secure of a blockchain than Bitcoin's, and that is one more enormous feather in the Stratis cap. Businesses will like having their private sidechains running on what is widely accepted to be the most secured and well-known king daddy blockchain of them all. All this is pretty incredible once you start to fully absorb what is possible, and I haven't even mentioned the capabilities of Stratis Platform's new Breeze wallet yet...

An alpha Breeze wallet has already been publicly released (with full, concise instructions for anyone interested in messing around with that in a testing environment). Breeze will soon enter beta testing, and it is expected to be commercially released as a full working version before the end of June.

The bottom line of all this is that Strat is just getting started, and you ain't seen nothing yet. The price has plenty of reasons to keep dramatically increasing following the commercial version of the Breeze wallet being released, but a huge jump can and should be expected when that commercial version drops, so if I were you, I would buy in as soon as possible. No one knows exactly when the Breeze wallet will be announced as a proper commercial release, but it can safely be expected Breeze will be commercially released before the end of June. Strat's team has met or exceeded every promise on their timeline since their humble beginning in mid 2016, and it has been repeatedly stated that the Breeze wallet will be working as a proper release in Q2 of 2017.
full member
Activity: 155
Merit: 102
Why do people keep quoting that entire FOMO post designed to make the price dump? It just means people will read it over and over again, and people are clearly stupid enough to start believing something absurdly false when they read it over and over again. Just take CNN, for example.
hero member
Activity: 546
Merit: 500
Does anybody here realizes that Stratis does not require their tokens for the technology to work?

They say so in their own white-paper:
"Stratis is designed with the integration of fiat gateways
in mind from the outset. It allows financial
organisations to use the blockchain for the transfer of
existing currencies that are both readily accepted by
mainstream consumers and are not subject to
damaging volatility: tokens of value that are simply
digital equivalents of regular money."


So what you are basically doing is making the developers rich in hopes that more hype will inflate the price and you get rich at the same time.

Don't get me wrong, the idea is good, but do not think you will get rich because everybody will need these tokens to use a private blockchain, it's just not gonna happen. What business will ever buy a Blockchain as a Service if they have to pay billions in tokens to acquire one? NONE! That's why they don't have to use tokens!

Companies need STRAT to start up their own chain and those STRAT get burned. What do you mean, they are not required?

Can anyone confirm this? Is it in the white paper?
full member
Activity: 140
Merit: 100
Does anybody here realizes that Stratis does not require their tokens for the technology to work?

They say so in their own white-paper:
"Stratis is designed with the integration of fiat gateways
in mind from the outset. It allows financial
organisations to use the blockchain for the transfer of
existing currencies that are both readily accepted by
mainstream consumers and are not subject to
damaging volatility: tokens of value that are simply
digital equivalents of regular money."


So what you are basically doing is making the developers rich in hopes that more hype will inflate the price and you get rich at the same time.

Don't get me wrong, the idea is good, but do not think you will get rich because everybody will need these tokens to use a private blockchain, it's just not gonna happen. What business will ever buy a Blockchain as a Service if they have to pay billions in tokens to acquire one? NONE! That's why they don't have to use tokens!
This guy has no clue
full member
Activity: 155
Merit: 102

What business will ever buy a Blockchain as a Service if they have to pay billions in tokens to acquire one? NONE! That's why they don't have to use tokens!


There aren't even anywhere close to a single billion Stratis coins in existence, nor will there ever be (by a very longshot), so Deprecate should try defecating somewhere else to ease his FOMO, as he clearly and wrongly says it will cost "billions in tokens" to run a single private blockchain for a single business. It would seem Deprecate also believes no business will ever choose to spend any Ether either. Deprecate's name alone says all anyone needs to know.
legendary
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
Does anybody here realizes that Stratis does not require their tokens for the technology to work?

They say so in their own white-paper:
"Stratis is designed with the integration of fiat gateways
in mind from the outset. It allows financial
organisations to use the blockchain for the transfer of
existing currencies that are both readily accepted by
mainstream consumers and are not subject to
damaging volatility: tokens of value that are simply
digital equivalents of regular money."


So what you are basically doing is making the developers rich in hopes that more hype will inflate the price and you get rich at the same time.

Don't get me wrong, the idea is good, but do not think you will get rich because everybody will need these tokens to use a private blockchain, it's just not gonna happen. What business will ever buy a Blockchain as a Service if they have to pay billions in tokens to acquire one? NONE! That's why they don't have to use tokens!

Companies need STRAT to start up their own chain and those STRAT get burned. What do you mean, they are not required?
legendary
Activity: 1311
Merit: 1000
Does anybody here realizes that Stratis does not require their tokens for the technology to work?

They say so in their own white-paper:
"Stratis is designed with the integration of fiat gateways
in mind from the outset. It allows financial
organisations to use the blockchain for the transfer of
existing currencies that are both readily accepted by
mainstream consumers and are not subject to
damaging volatility: tokens of value that are simply
digital equivalents of regular money."


So what you are basically doing is making the developers rich in hopes that more hype will inflate the price and you get rich at the same time.

Don't get me wrong, the idea is good, but do not think you will get rich because everybody will need these tokens to use a private blockchain, it's just not gonna happen. What business will ever buy a Blockchain as a Service if they have to pay billions in tokens to acquire one? NONE! That's why they don't have to use tokens!

You DO need STRAT to run a Breeze server, etc. Nice try.
newbie
Activity: 25
Merit: 0
Does anybody here realizes that Stratis does not require their tokens for the technology to work?

They say so in their own white-paper:
"Stratis is designed with the integration of fiat gateways
in mind from the outset. It allows financial
organisations to use the blockchain for the transfer of
existing currencies that are both readily accepted by
mainstream consumers and are not subject to
damaging volatility: tokens of value that are simply
digital equivalents of regular money."


So what you are basically doing is making the developers rich in hopes that more hype will inflate the price and you get rich at the same time.

Don't get me wrong, the idea is good, but do not think you will get rich because everybody will need these tokens to use a private blockchain, it's just not gonna happen. What business will ever buy a Blockchain as a Service if they have to pay billions in tokens to acquire one? NONE! That's why they don't have to use tokens!
hero member
Activity: 910
Merit: 1000
Stratis is one of the best investments in crypto. I can't imagine I am doing quick trading at this during his 4 digit era. Now it is entering 6 digits. it seems my prediction of 0.002 before the start of 2018 yearly conference gets achieved within this year.

.002BTC? lmao, .03BTC is achievable within this year

Hope you will be my angel when it happened. Halleluja
sr. member
Activity: 714
Merit: 266
Stratis is one of the best investments in crypto. I can't imagine I am doing quick trading at this during his 4 digit era. Now it is entering 6 digits. it seems my prediction of 0.002 before the start of 2018 yearly conference gets achieved within this year.

.002BTC? lmao, .03BTC is achievable within this year
hero member
Activity: 1050
Merit: 508
Stratis is one of the best investments in crypto. I can't imagine I am doing quick trading at this during his 4 digit era. Now it is entering 6 digits. it seems my prediction of 0.002 before the start of 2018 yearly conference gets achieved within this year.
full member
Activity: 232
Merit: 100
Rubic stays cubic
its kinda unsettling how fast Stratis grows, congratz to the team and all hodlers  Smiley


i think all altcoins prices goes up cos there are latecomers getting into BTC now everyone wants to have a piece of the pie.

It is true. It normally happens that if Bitcoin increase in price the alt coins go lower but lately alt coins do not crash when Bitcoin goes up. It must be new people that buy Bitcoins for price to go up so that alt coins do not go down. It is very good for alt coins.
sr. member
Activity: 714
Merit: 266
its kinda unsettling how fast Stratis grows, congratz to the team and all hodlers  Smiley


i think all altcoins prices goes up cos there are latecomers getting into BTC now everyone wants to have a piece of the pie.
full member
Activity: 219
Merit: 100
https://foxtrading.io/?ref=xykdazw8
its kinda unsettling how fast Stratis grows, congratz to the team and all hodlers  Smiley
newbie
Activity: 25
Merit: 0
We are no.17, other good alts pump hard, but we just slightly pump, wait for larger pump.
sr. member
Activity: 307
Merit: 250
92k, it is gift which noobs give us, last chance to buy below 100k sat.

You are prophet, it is more than 100k sat again. Let us go to da moon.
legendary
Activity: 1260
Merit: 1010
I think STRATIS project are more more important.. and have more potentiality.. this is a good time to buy... i think in the next 3 or 4 months we can reach min. 7$ or 8$.  Smiley
sr. member
Activity: 279
Merit: 250
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