Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 759. (Read 1891114 times)

tell your whale friends to wait for a bit please.

I am not done accumulating.

thank you

K, still waiting

As I said months ago, we are on Poloniex. My whales friends seek the best chance to buy, stay tuned. Thousands of bitcoin will flow in. 

Holding is the best option in Alts if ppl realize not to sell. if you have 10,000 Strats @ 8K sats @ $800/BTC, it's much better than 10,000 Strats @ 7K sats @ $800/BTC   right? 

its looks like that the price trend is going to down.I just hold my coin for a while although that i already a have a lose with this but i just trust. hope the price in next year will increase.

You are completely missing the point that anyone can fork and make their own decentralized public blockchain as well... not just private.

HOT OFF SLACK

 chris_stratis
@channel: Its with great pleasure that I can announce, Ledger Wallet are integrating Stratis!
Posted in #generalToday at 1:35 AM

https://www.ledgerwallet.com/

 

Stratis now on cruise control mode. Until the next development will be announced , we will expect a see saw effect on the price.

http://stratisinvite.herokuapp.com

вы paдyшны

Hey guys - quick heads up;

Anyone wanting info on Stratis, please join the Slack chat. (The non-remedials) 

Congrats on Polo add btw, looking forward to December's milestones!

scam_exposer while possibly well intended (most of the time) is way off the mark on this.

Despite being provided with sensible answers and sound logic he still can't stop using the 'S' word (scam). What really bothers me is that when asked what coins he does back or believe in. He ignores the question. It's almost like he is 100% intent on labelling this project a scam irrespective of any reason. He is also unable to accept that just because he can't see the value in a project, it is therefore a scam. Such inflammatory accusations just reflect badly on him. So let's not waste more time responding to this guy. He has an agenda and it isn't saving the world from scams.

CTA = Make sure you're updated to the latest wallet

yes but the final part is missing

CTA

https://en.wikipedia.org/wiki/Call_to_action_(marketing)

Ya man we just discussed all that for over an hour. 

Thanks for the recap.

scam-exposer says it in a harsh way but he is right, however not 100%.
I wouldn´t be so hard to say scam, it´s more a very naiv and awkward team whose ideas and wide-eyed strategy is far away from real world bussiness.
Targeting the corporate world isn´t a bad idea and an expertise in this field is needed.
Realistically this could work very well for at least 1 or 2 years maybe in an optimistic way 3 years

But instead speaking or attracting the corporate world now and even gaining feedback in an early stage, this guys try to goldplate products (btw. a typical narcisstic tech behavior in the startup world),
meanwhile smarter guys make use of github and and bring in the harvest.

as I said before, get out of the cellar!

IMO it will hinge on incentives.

Incentivised chains offer more security than private chains, Microsoft could have forked it but that doesn't mean they will get the network security with it.

Private banks will have to constantly keep threats away from their small internal chains. They should incentivized the populace to secure it.

I'm done here.  Enjoy.

because they don't know how to do it haha

So, if any corporation can just fork the coin code and be done with it , why didn't Microsoft just forked Ethereum, but instead just integrated it into their full BaaS offfering?

Here's a quote regarding that question from the unofficial Stratis AMA on reddit:

“The first principle of Stratis is to make things easier on the business customers that they are targeting. So, if you are a company who decides they need a blockchain, or a blockchain app, you may not know anything about how to securely set up a blockchain, or what coin software to clone. Furthermore, you may have no idea what to do if there is a bug in your blockchain code. So you have a barrier to entry: you need to find and hire blockchain developers. Because this is a new field, you are going to have difficulty finding developers who are experienced in blockchain development in your area, and the ones you do find may be very expensive to hire. However, you probably as a company have some general c# developers that can understand basic bank account style operations - checking balance, sending money, receiving money.

Now, once you have chosen your blockchain software, you have to set up servers that run the software, and if they are insecure, someone could mess with your blockchain. If you build a blockchain that is mission critical, say a decentralized clearing house between two fintech companies, then this could have economic consequences if your blockchain setup has a security problem.
So given these risks and costs, it is appealing to have a product that promises to be secure and easy. Now you just pay some money and the blockchain is created for you with Stratis, and your developers can focus on building the application that uses the blockchain.
And yes, if you use Stratis, you'll have some example code that does some things that you need, and whenever Stratis releases new features, your sidechain will be able to pull those code changes in. So you let Stratis worry about developing new chain features and security of the blockchain, and you focus on your apps.”




Again I quote a reply from the AMA which answers a question similar to yours:

"The main purpose of Stratis is to make it easy for businesses to use the blockchain. The plan for this is to (1) use C# language, which is dominant in businesses, instead of c++ like bitcoin (2) make it so that businesses don't have to handle the details of setting up a blockchain because they can do it on a simple website (3) provide consultancy support, so that businesses have experts to turn to for help.

When they are successful at getting businesses to use the platform, the business will need to purchase Stratis to give value to the side chains that they want to create.
So right now there is a total of around 98 million Stratis in circulation. If a company wants to have a side chain with 1 million tokens on it, they need to have 1 million Stratis, they lock it, and these tokens are moved to the side chain. If the side chain remains running permanently, these tokens will be out of circulation permanently.
So, the point I am making is that the more businesses that create side chains, the less stratis there will be in circulation, which would create a scarcity effect.

This might result in a situation where every time a new business deal with Stratis and a new company is announced, the price of Stratis spikes in expectation of increased scarcity.
If you consider where the money is, alt coin investors is a small amount of money, but business deals can be a large amount of money, measuring in millions of dollars for technology based solutions."

If you want to read more from the AMA here is the link:

https://www.reddit.com/r/stratisplatform/comments/5fdmr4/ama_stratis_questions_and_answers_about_stratis/