Topic: WAVES - Complete Blockchain ecosystem for a token economy - page 134. (Read 131013 times)

What's happening?
Voting end:1720000 (Sep 24 2019 03:04 UTC, ~ in 11 hrs, 24 mins)

WavesGo, POSPOOL ?? 

There are benefits with Russian government involvement in Waves, but also excludes wealthy American customer base.

There were restrictions for Americans to buy Waves a few years ago during ICO, maybe this will be once more restricted because of VST.

It is self explanatory that America will not adopt a crypto by Russia. It is a Sovereignity issue.

Stellar is an Americanized version of Waves, and crypto industry is already divided into privatized domestic versions similar to search engines and social media.

Marquise $Museum is using WAVES because it is a piece of Russian engineering marvel. Waves is the most progressive diplomatic invention to come from Russia in decades, it is very good for Russia so they should be careful to not sabotage this beneficial prospect.

It is better if they instead of launching VST, buy waves in open market up to 40-60% majority stake and remain as passive owners in case of wide spread future adoption.

It seems this moderate style of control is not in their taste. VST is also censorship permitting so all projects there are vetted before approval.

A fully censorship permitting crypto issued by Sweden for example, would never be trusted by the people because why choose an autocratic model for the future if they can choose a free model for the future?

Governments of course understand this hard reality and crypto is a huge problem, like a hydra with many heads, impossible to kill, better to subvert.

Society would be divided over night with a government issued crypto, it can lead to civil unrest and possibly armed conflict.

Governments must use underhanded methods of infiltration and astroturfing and it is working so well, it is so easy to make investors and inventors fold, always were very easy to influence and control this class even in world war 2 with scientists switching sides all the time and mass propaganda for the people.

The strategic challenge is not against a mainstream of inventors or investors who are easily controlled, private money by large corporations will be a bigger rival to governments.

These companies are unarmed so it is only a small problem for now. I am sure super computing "weather simulators" inside mountains and military bases are very busy with statistical modeling of economic geo strategy based on crypto data set input.

If VST integration is stopped, I think waves will go to $200 because Russian military must then buy all waves in open market.

Because if they don't, they will be far behind in new economy, and no investor will trust something that they issue themselves. WAVES is Russias best option to win control and influence in new economy.

What is the purpose of posting the tokenrating link? Most tokens seem to get a good score.

I have yet to see a coin/token with high adoption or usage apart from Bitcoin. Perhaps if a government gets involved in a token somewhere in the world it would be an upside regarding adoption. It would not be good for decentralization but at least good for adoption and widespread use.

HARD TRUTHs


https://tokenrating.wavesexplorer.com/?filter=top&page=1

These two coins will be connected with a side chain and merged into a new native token so that russian army through rostec can dilute supply by 90% ownership control of new chain. This is why VST is x10 times more supply than waves.

Everything about this is clearly written in the articles, did no one read them?

The only question that remains is that one article says two will become one new native coin, and the other article says that these coins will not be merged at all.

Ivanov was paid $120 million and he could not refuse this partnership because there may be problems for him legally otherwise...He was hotel jumping and then got intercepted, this is very easy for FSB operatives to find him.

It is nothing strange here, this is typical how governments behave and there is not only bad news because Russian oligarchs and Putin is capital strong and can influence price alot to attract significant userbase.Most normal people will use this anyway, they don't understand anything about money and power.

All the early investors who have coins now, will probably be rich, but the price to pay is that the old centralized system still is in control.

But atleast, they cannot print new currency unless max supply is changed in the future. And because they have 90% majority stake, they can now decide everything with voting.

The reason why Russia is early in this industry is because of international economic sanctions, it is a problem for their lackeys to hide capital around the world now because of international treaties.

None of the top coins are decentralized, NEO is china, Binance - China, NEXO - Goldman, CMC - Goldman, Bitcoin is same rich people and governments as before.

This industry stopped being decentralized years ago in 2017 with bittrex subversion by American Government through KYC implementation.

It was very easy to contact developers and demand that they follow the rules of their military commanders, because these developers are unarmed.

I already proposed a mobile militia currency to counteract this subversion, like flash mob but on a more advanced level. So when these things happen with government blackmailing, the mobile militia can intervene and protect devs.

Crypto is a big problem for fiat central banks, they lose all power without their money. So they try to do something smart and fool everyone, but it is obvious how their game works.

Russian, China, US and EU will have separate interests and stakes in different chains, similar to baidu, vkontakte, facebook and so on. Waves/Vst can become Russias main entry into blockchain, perhaps there will be some local cryptos for national and municipal election tampering and so on, but the mother chain for all these could be Waves/Vst because no investor will put money into something that is obviously controlled by Kremlin or Central banks. So they use the back door method of subversion.

Did someone think that these century old super powers would simply disappear because of crypto? This is soft power of influence, there are alot of bad things that can happen if there is a shift towards use of traditional force, such as civil wars and mass criminalization and persecution of investors who do not follow the rules. In their mind, this method that is used here with VST, is like diplomacy. They take all - business as usual.

There cannot be a decentralized merchant and retail adoption because this is brick and mortar stores subject to border control and domestic law enforcement. These wealthy businesses have no where to run or hide from governments while still making money.

Global market cap over $1tn requires government control because the capital influx will be fueled by retail and merchant onramping with crypto/crypto payment gateways within 12 months.

Decentralization is a pipe dream of crypto anarchists and they can have their privacy masternode sandbox at a far corner of crypto space, but mainstream will always follow the herd. It is the people who choose this Neo Feudal model of society for 21st century due to passivity and compliance. Everyone gets out, the effort that is put-i-n.

Sasha launched all these assets before, but he never swap them in 2016 to WAVES as promised, why does he neglect his earliest investors so badly?

@Waves.support Ask sasha ivanov or anyone from WAVES team if the theory of @MarquiseMuseum is true or not, we need a clear answer so some stop throwing random theories left and right and no more confusion among WAVES community.

Total available supply of WAVES is 100,000,000 WAVES
Total available supply of VST is 1 billion.
So, WAVES cann't be VST or some another rebrended, otherwise this will be another coin.

Waves enterprise is VST

It was rebranded.

WAVES IS A PEST!
WAVES IS A PEST!
WE LOVE TOMATOES
THEY'RE THE BEST!

You can now buy "Tomatoes" cryptocurrency on Binance. Buy them while stocks last!

Is this possible to do mining the waves without synchronize blockchain, like this already doing for bitcoin or altcoin miners and mining pools?
Is this possible to do synchronization of microblocks, and append new block to mainnet, after this will be generated,
and do this without downloading and store FULL BLOCKCHAIN again and again after each damage or bug in the block-chain database?
If yes, where I can find light-version of the mining node?
If no, can you programming the light version of mining node, to do mining without a downloading and storing the full blockchain?
This will be great tool for collectors of leased waves, because mining node can working even if blockchain database is already damaged,
and slow long-time synchronization still not processed.

UPD: I already found solution to restore damaged and corrupted leveldb database.
Need just backup folder, and copy it again if there is any problems with blockchain database.  

I understand it differently.

VST has been sold, and is a separate private network with waves technology. VST will have another token increase for public and private associates, when they bring new money.

waves enterprise is a new entity that is parallel to VST and still not very precisely described. So a second professional entity, TBD..probably for different users.
it is this entity that is projected to merge with waves platform.
Ref:
https://www.facebook.com/permalink.php?id=253762471501505&story_fbid=1096672997210444

we need to ascertain this scheme. Maybe waves support has something to say for that.

meanwhile waves turns to an inflationary level, its price decreases accordingly.

One native token from merger of $WAVES and $VST. Russian military/Rostec will control 90% of the new market.

https://blog.wavesplatform.com/your-questions-about-waves-enterprise-answered-dcc892589700

The above article says, no native token, and this article says native token from merged vst and waves:

https://www.facebook.com/permalink.php?id=253762471501505&story_fbid=1096672997210444

Part of the funds will also be used to enable the eventual merge of Waves Enterprise and Waves Platform network under one native token.

– What do you mean by Waves Platform and Waves Enterprise networks merging?
This is what will happen in our next major release, which we are calling ‘Waves 2.0’. This is currently in the research stage. Further details about this release will be published in Q4 2019.

this is intriguing and would constitute another bad news.
more details are required if true.

There are many truths in here. The problem is that crypto is a short term game and the whales will vote whatever brings them the biggest profit in the short term. If they can quickly score larger stakes with their big wallets they will vote for it and then dump the stakes on the market. Holders will probably move on before 2021. I am still trying to figure out why Waves dropped from 18000 to 9000 in just a few weeks, but is probably because people are pricing in the future supply side. When the proposal is voted in (and it will most probably be voted in by the whales) then everyone should move their tokens to staking to protect their holdings or move out of Waves and move back in later when the price has dropped a lot.

Hello. I am interesting in more information on this. Do you have links or information on VST cloining or is this an assumption?
I find this alarming if it happens.

Is the 5% reward dependent on supply inflation?

Max supply should remain unaltered, it is better to increase fees to cover reward increase. Or in combination.

Inflation is a zero sum game because the reward is offset by discounted price appreciation due to increased supply.

Liquidity is not a problem for waves because it is divisible to many decimals.

It is better for community to vote on max supply increase, all the coins I invested in 2018 went to -99% because of staking dumps in exchanges. Although their annual inflation was over 100%.

Bitcoin is well known to increase in value after halvings because supply inflation is decreased, similarly, price demand of waves will have no effect if the reward is dependent only on supply inflation, then it is not a real incentive for professional investors.

On the contrary, 5% is not much, and bitcoin is a healthy market maybe partially because of block minting emission rate by miners, who knows. Perhaps it is good for waves.

Waves is not bitcoin, they behave differently and with different use case.

There are other more pressing issues with waves demand at the moment, and that is VST integration with Waves in 2021, it will lead to increased supply from 100 million to 1.1 billion because VST will do everything that waves can do now. This is Russian government who are invading this decentralized space, it is very bad.

Waves market cap should be determined from supply of 1.1 billion because VST cloning. So the value is actually 1.1 billion at $1 and this can go to $0.1.

******

Marquise $Museum has two types of reward models for users:

1. Top 100 Rich list airdrop (reward depending on stake amount, total 5% of profits divided on 100 wallets)
2. Profit airdrop from cryptobook sales (10% fixed reward, only for top 100 wallets)

Both of these rewards are depending on external drivers of revenue through book sales and do not rely on increasing supply of $M-2 which is non reissuable.

All the big investors on waves platform only invest in non reissuable coins and there is agood reason for this, so that supply is reliable.

So, the way that $M-2 is airdropped at an annual rate of 15% is like this:

1. Company has founders fund to enable supply distribution and airdrops, currently 22% of max supply
2. External users can buy into this founders fund for cryptobook redeem rights, price is $30k per book/a few million $M-2 depending on price which is flexible at this stage
3. It is the revenue generated from these certificate sales that is redistributed through market buybacks or $M-2 airdrops to rich list wallets

If I simply minted new coins and airdropped them without any real backing of revenue profit, and say this is 5% staking reward, price will dump because it is Air. Maybe Waves can be renamed to Air.


******

However, Waves does have a valid revenue model with exchange fees, but it is for some reason not used properly. Let waves company have a maker fee of 0.1% of all transactions, and then redistribute half to stakers and let this be the 5% reward.

Now team can be incentiviced to build volume on the dex which will result in greater demand for staking (thus increased buying of waves) and profit for the company.

The staking is then centrally controlled, perhaps this is the price to pay for this type of implementation.

If Waves is suddenly generating profit for itself and for investors, then we can begin building a valuation matrix based on future expected revenue.

This valuation matrix is founded on active users and daily exchange volume. If Waves dex can become top 50 exchange, daily volume could be $200 million of which 0.1% is normal fee in centralized markets such as Binance.

This is $72 million annual profit and at P/E 30 it values Waves to $2 billion simplified.

Another method of backing the 5% reward is by increasing cost of issuing new tokens from 1 waves to 50 or 100.

BNB coin is top performing crypto of 2019, it is a popular model for crypto space and good timing for waves to join this revenue model.

In order to grow this business model, waves can onramp fortune 500 on their dex with issuance of private money. This eco system will be the first of its kind and waves platform can then become a new form of decentralized NASDAQ index.

For reference, NASDAQ's daily volume is $90 billion and with 0.1% transaction fee waves would have a market cap of 1 trillion USD if 100% market share.

VISA is $30 bn per day.

Considering Waves competitive position in the crypto sphere, 10% share equivalent in both these sectors is attainable easily, thus market cap of $100 to $200 billion USD.

It is $200 on VST integration and $2000 on Waves 100 million original max supply.

When crypto infrastructure is adapted with neural networks powered by 8 billion user devices, there will be an economic boom comparable to industrial revolution, with GDP growth from $80tn annually towards 1 quadrillion. Crypto is a singularity facilitator, the atlas of the global brain. Thousands of times more powerful than all supercomputers combined. Once the brain is in place, automation can follow with the building of robots.

NASDAQ & VISA can never attain this level of evolution because USD is not programmable currency, it is analog.

I do not agree with the adoption of inflationary model.

EDIT: slight rebound now, but has been under one usd per waves.

After the arrival of the government was said that Waves coins is not enough, it is necessary to introduce the emission. Why do that if you can divide every coin up to satoshis? Conclusion: good coins are those which forbid but those who approve is bad