Topic: There are many blockchain platforms and everybody says their is the best (Read 566 times)
September 29, 2016, 01:35:03 AM
Lykke is not a blockchain platform, but the marketplace can allow financial institutions to issue ColoredCoin coins on top of Bitcoin or Ethereum. What matters is that assets have a price and can be settled. Blockchain itself only processes transactions without any pricing function, so there is no liquidity or credit. In the Lykke framework market-makers can provide liquidity for assets created by issuers. Private blockchains don't face to retail clients, and offer none of these benefits.
September 29, 2016, 01:19:37 AM
Is there really a need for a private blockchain? Blockchains are inefficient why not use a glorified database like Ripple instead of spending a lot of time in setting up a private blockchain?
September 29, 2016, 01:10:26 AM
Greed has blinded people from what is valuable about cryptocurrencies, it has become quite disgusting to see as everyone must have noticed. Whether on this forum or reddit everyone is pumping the coin of the week that has zero prospect of ever succeeding but only make them a quick dollar. Coins with no community are worthless as is evident with every coin that has been pumped and quickly forgotten. Everyone needs to start focusing on what we are trying to do with these brand new technologies. Will money be made along the way? Absolutely, but we need to remain fixated on the end goal and that is being your own bank. Many different cryptocurrencies with varying use-cases will co-exist with each other some acting as cash, gold, smart contracts and even things that haven't been created yet, but as a community we need to focus on real genuine projects. Instamines, premines and corporate interests have no place in a legitimate cryptocurrency. So if a coin has those qualities it is likely that coin is a scam because of the greed that has consumed this industry. I look forward to more grassroot projects that have genuine intentions and are excited about the technology and how much these technologies will disrupt today's world. Now get to work 
September 29, 2016, 01:06:10 AM
Here is why PoW is Permissioned, ( mined on a CPU or ASIC)
Facts
Permissions Required to generate a PoW Block if you Mine it
1. Permission from the ASICS seller , to buy their ASIC.
2. Permission from your local Govenment to allow the ASIC to be shipped to you.
3 Permission from the Electric Company to power your ASIC.
4. Permission from the Mining pool you have to join because group mining is your only shot
5. Permission from your ISP , so you have internet access to attempt to mine it.
6. Permission from the original programmer thru the Open Source License granted so you can run the software.
If you pay someone else to mine it , You need their permission and acceptance of your currency.
Permissions Required if you just buy it. (Same for PoW & PoS)
1. Permission from the Exchange
2. Permission from the Seller
Free Faucet (Same for PoW & PoS)
1. Permission from the one running the faucet
Hopefully we can put that falsehood permissioned verses permissionless to rest , because nothing peeves me more that hearing the same lie more than once.
There are No Permissionless systems in crypto.
Facts
Permissions Required to generate a PoW Block if you Mine it
1. Permission from the ASICS seller , to buy their ASIC.
2. Permission from your local Govenment to allow the ASIC to be shipped to you.
3 Permission from the Electric Company to power your ASIC.
4. Permission from the Mining pool you have to join because group mining is your only shot
5. Permission from your ISP , so you have internet access to attempt to mine it.
6. Permission from the original programmer thru the Open Source License granted so you can run the software.
If you pay someone else to mine it , You need their permission and acceptance of your currency.
Permissions Required if you just buy it. (Same for PoW & PoS)
1. Permission from the Exchange
2. Permission from the Seller
Free Faucet (Same for PoW & PoS)
1. Permission from the one running the faucet
Hopefully we can put that falsehood permissioned verses permissionless to rest , because nothing peeves me more that hearing the same lie more than once.
There are No Permissionless systems in crypto.
September 29, 2016, 12:51:16 AM
It seems that all the buzz about “permissioned vs permissionless” is distracting us from the deep analysis of business problems and solutions which should be the true focus. Community members have to take sides. It feels wrong because we are talking about technology — there is no such thing as “good” or “bad”, just use cases. Here is some analysis.
https://medium.com/@pavelkravchenko/ok-i-need-a-blockchain-but-which-one-ca75c1e2100
https://medium.com/@pavelkravchenko/ok-i-need-a-blockchain-but-which-one-ca75c1e2100
Lets get one thing straight the permissioned vs permissionless argument was all a piece of propaganda designed to stop the adoption of Proof of Stake, by some crafty individuals on BTCtalk.
permissioned vs permissionless is a False Statement
All crypto systems PoW or PoS are Permissioned,
Seriously people, think before you repeat nonsense.
September 28, 2016, 06:44:10 PM
There are some good block chain technologies, for example, decentralized super computers. They bring a service. Then there are those like iconomi, which is more about greed. I try to focus more on the ones that can be good for people as a whole. And of course it's nice to make some coins.
September 28, 2016, 05:18:34 PM
It seems that all the buzz about “permissioned vs permissionless” is distracting us from the deep analysis of business problems and solutions which should be the true focus. Community members have to take sides. It feels wrong because we are talking about technology — there is no such thing as “good” or “bad”, just use cases. Here is some analysis.
https://medium.com/@pavelkravchenko/ok-i-need-a-blockchain-but-which-one-ca75c1e2100
https://medium.com/@pavelkravchenko/ok-i-need-a-blockchain-but-which-one-ca75c1e2100
because many aim at making quick $$, it's wild west there
September 28, 2016, 05:26:57 AM
It seems that all the buzz about “permissioned vs permissionless” is distracting us from the deep analysis of business problems and solutions which should be the true focus. Community members have to take sides. It feels wrong because we are talking about technology — there is no such thing as “good” or “bad”, just use cases. Here is some analysis.
https://medium.com/@pavelkravchenko/ok-i-need-a-blockchain-but-which-one-ca75c1e2100
https://medium.com/@pavelkravchenko/ok-i-need-a-blockchain-but-which-one-ca75c1e2100
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