Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 299. (Read 804713 times)
September 02, 2014, 10:27:45 PM
Crypti devs have not yet commented on Snet. Maybe they are still forming their opinion. More likely they are working on Crypti. I believe they likely have no wish to participate in James' latest idea. Crypti is not a toy coin, as my overlord NxtChg would put it.
September 02, 2014, 08:25:24 PM
Excellent analysis and points samsmith.
September 02, 2014, 07:29:47 PM
Ok just my quick thoughts on SuperNET...
First let me start by saying I'm very excited to see how this experiment will play out...
I also agree that initially there would be a spike in Crypti's price...
There are a few things to note here... First notice how I said that it would increase Crypti's price.. I'm not so sure Crypti's value would raise with it... However there are plenty of things on Crypti's roadmap that will increase the value of Crypti directly..
The other thing to look at is that if the price of SuperNet where to start to drop it could pull the coins involved down with it... That old saying "your only as strong as your weakest link.."
Bottom line is this will be the first big multi-coin merger... and if it goes well there will be more mergers to follow... the next mergers will learn what did and didn't work well and adapt... I'm sure there will be 2nd Gen SuperNET probably called EpicNET or something... hell you may even see the SuperNET and EpicNET merge...
All I'm saying is Crypti's involvement with this experiment must me weighed with a Risk vs Rewared..
So let's sit back and watch how the first one goes so we can better judge the risk's associated with getting involved in the next one...
First let me start by saying I'm very excited to see how this experiment will play out...
I also agree that initially there would be a spike in Crypti's price...
There are a few things to note here... First notice how I said that it would increase Crypti's price.. I'm not so sure Crypti's value would raise with it... However there are plenty of things on Crypti's roadmap that will increase the value of Crypti directly..
The other thing to look at is that if the price of SuperNet where to start to drop it could pull the coins involved down with it... That old saying "your only as strong as your weakest link.."
Bottom line is this will be the first big multi-coin merger... and if it goes well there will be more mergers to follow... the next mergers will learn what did and didn't work well and adapt... I'm sure there will be 2nd Gen SuperNET probably called EpicNET or something... hell you may even see the SuperNET and EpicNET merge...
All I'm saying is Crypti's involvement with this experiment must me weighed with a Risk vs Rewared..
So let's sit back and watch how the first one goes so we can better judge the risk's associated with getting involved in the next one...
September 02, 2014, 07:03:29 PM
somebody dumps crypti 
. any news about windows wallet? and what about code audit?
. any news about windows wallet? and what about code audit? September 02, 2014, 06:00:24 PM
But first crypti need to have a unique feature like boolberry, boolberry is the second coin that joined the supernetwork and has increased in price a lot, I reckon will be $4 soon and so will happen to crypti if it joins
September 02, 2014, 03:25:18 PM
United coins under NXT tech.
Who benefits in the end ? NXT.
Definitely, crypti should get in supernet to help NXT become the King. Who benefits in the end ? NXT.
September 02, 2014, 03:22:52 PM
United coins under NXT tech.
Who benefits in the end ? NXT.
Who benefits in the end ? NXT.
September 02, 2014, 03:11:44 PM
SuperNet --> UnitedCoins Vs FIAT
Welcome to Big Family
If one united thing is better, why there is so many alts, maybe BTC is enough. Welcome to Big Family
September 02, 2014, 03:09:15 PM
Do you really think NXT is going to join SuperNet?
Now ask yourselves this, do you think Etheruem, MaidSafe, NXT and BitShares (these will be Crypti's competitors) want to become part of SuperNet? No because their own networks are already far superior. Why don't you guys realize that when Crypti supports custom blockchains, Crypti immediately moves onto a whole new level, competing with the likes of the coins I mentioned above?
You are wrong, one more time.
NXT will be used by the devs of SuperNet (jl777 and his team) to create the network and distribute the shares etc...
It is not NXT "joining" SuperNet, but SuperNet using the vast features of NXT.
September 02, 2014, 02:55:45 PM
SuperNet --> UnitedCoins Vs FIAT
Welcome to Big Family
Welcome to Big Family
September 02, 2014, 02:40:04 PM
Do you really think NXT is going to join SuperNet?
Now ask yourselves this, do you think Etheruem, MaidSafe, NXT and BitShares (these will be Crypti's competitors) want to become part of SuperNet? No because their own networks are already far superior. Why don't you guys realize that when Crypti supports custom blockchains, Crypti immediately moves onto a whole new level, competing with the likes of the coins I mentioned above?
You are wrong, one more time.
NXT will be used by the devs of SuperNet (jl777 and his team) to create the network and distribute the shares etc...
It is not NXT "joining" SuperNet, but SuperNet using the vast features of NXT.
September 02, 2014, 02:28:58 PM
The basic question I have in regard to the supernetwork is, would it benefit from crypti and devalue it longterm, or does it provide anything new to crypti?
If it's just a matter of sort of sharing the benefits of each coin, could it possibly devalue crypti, basically giving away what is unique about it, to the supernetwork? If so, it wouldn't seem to make much sense to me for crypti to join.
Shortterm, I guess crypti could get a minor bump in price, but wait 1-3 months, and would there be any point?
If it's just a matter of sort of sharing the benefits of each coin, could it possibly devalue crypti, basically giving away what is unique about it, to the supernetwork? If so, it wouldn't seem to make much sense to me for crypti to join.
Shortterm, I guess crypti could get a minor bump in price, but wait 1-3 months, and would there be any point?
September 02, 2014, 02:23:34 PM
Why does everyone want to be added to SuperNet? I posted earlier about this below :
Agree SuperNET is good for "small" coins, but I think Crypti is too big for this project. Quote
Basically all jl777 wants to do is get features from other coins, which BTCD, doesn't have and use them to BTCD's advantage. I don't see the point in helping out another coin establish it's own network, with the use of our features, when it only benefits them. Why should Crypti really "ask" to be put into a network that doesn't benefit us in any way.
With that being said, I'm wholly for the idea of a Storj & Crypti partnership as GreXX mentioned a few pages back. Why? Becuase Storj will be utilizing our network and providing a service for Crypti users. They could create an App with Crypti's custom blockchain to enable use of MetaDisk and DriveShare on the Crypti network. This is a mutually beneficial partnership. Supernet on the other hand wants all coins to bend over and provide features for the hub of the network which is BTCD.
Crypti with custom blockchains support, can be it's own Supernet, which is why I don't see the point of becoming part of an inferior network.
With that being said, I'm wholly for the idea of a Storj & Crypti partnership as GreXX mentioned a few pages back. Why? Becuase Storj will be utilizing our network and providing a service for Crypti users. They could create an App with Crypti's custom blockchain to enable use of MetaDisk and DriveShare on the Crypti network. This is a mutually beneficial partnership. Supernet on the other hand wants all coins to bend over and provide features for the hub of the network which is BTCD.
Crypti with custom blockchains support, can be it's own Supernet, which is why I don't see the point of becoming part of an inferior network.
Small coins as NXT, BTCD, BBR?
Do you really think NXT is going to join SuperNet? BTCD is vaporware at this point and is being pumped & BBR is just a CryptoNote coin with a GUI. If you take out the assumption that it will increase Crypti's price (which it won't in the long-term) how exactly will it help Crypti in any other way?
Everything done by SuperNet can be done by Crypti with custom blockchains, why is there a need to join an inferior network, when everything can be replicated when Crypti rolls out with custom blockchains?
Now ask yourselves this, do you think Etheruem, MaidSafe, NXT and BitShares (these will be Crypti's competitors) want to become part of SuperNet? No because their own networks are already far superior. Why don't you guys realize that when Crypti supports custom blockchains, Crypti immediately moves onto a whole new level, competing with the likes of the coins I mentioned above?
September 02, 2014, 02:17:16 PM
Two simple questions for all you SuperNet supporters:
1) What can SuperNet do for XCR that XCR cannot do for itself?
2) What is SuperNet EXACTLY??
1) What can SuperNet do for XCR that XCR cannot do for itself?
2) What is SuperNet EXACTLY??
XCR can do anything, but can't do everything.
The goal is to create a network of coin networks. Every coin that joins will add something unique functionality to SuperNET, and that function can be accessed and used by any other coin.
Instant transactions, decentralised exchange, asset exchange, anonymous coin transfer, etc.
The details are of course not clear yet, we only got an overview so far about the concept. It may not work, come notting of it.
One thing is certain: joining can't decrease the value of XCR it can only increase it.
Same for the price on the short term, for sure.
Combining a superior product with an inferior product does not increase the value of the superior product, it dilutes the value of the superior product and raised the value of the inferior product.
For example:
1) adding copper to gold to make 14K gold, dilutes the gold value and the price, but increases demand for copper, and thus the price
2) adding High Fructose Corn Syrup to Orange Juice, dilutes the juice value and the price of pure juice, but makes the demand for HFCS higher and thus the price
September 02, 2014, 02:05:41 PM
Why does everyone want to be added to SuperNet? I posted earlier about this below :
Agree SuperNET is good for "small" coins, but I think Crypti is too big for this project. Quote
Basically all jl777 wants to do is get features from other coins, which BTCD, doesn't have and use them to BTCD's advantage. I don't see the point in helping out another coin establish it's own network, with the use of our features, when it only benefits them. Why should Crypti really "ask" to be put into a network that doesn't benefit us in any way.
With that being said, I'm wholly for the idea of a Storj & Crypti partnership as GreXX mentioned a few pages back. Why? Becuase Storj will be utilizing our network and providing a service for Crypti users. They could create an App with Crypti's custom blockchain to enable use of MetaDisk and DriveShare on the Crypti network. This is a mutually beneficial partnership. Supernet on the other hand wants all coins to bend over and provide features for the hub of the network which is BTCD.
Crypti with custom blockchains support, can be it's own Supernet, which is why I don't see the point of becoming part of an inferior network.
With that being said, I'm wholly for the idea of a Storj & Crypti partnership as GreXX mentioned a few pages back. Why? Becuase Storj will be utilizing our network and providing a service for Crypti users. They could create an App with Crypti's custom blockchain to enable use of MetaDisk and DriveShare on the Crypti network. This is a mutually beneficial partnership. Supernet on the other hand wants all coins to bend over and provide features for the hub of the network which is BTCD.
Crypti with custom blockchains support, can be it's own Supernet, which is why I don't see the point of becoming part of an inferior network.
Small coins as NXT, BTCD, BBR?
September 02, 2014, 12:54:08 PM
Are synchronization issues solved?
I'm thinking about buying some now that price is low and start forging.
I'm thinking about buying some now that price is low and start forging.
Resolved in testnet, after all tests we will post new version (0.1.6) here.
September 02, 2014, 12:37:52 PM
Are synchronization issues solved?
I'm thinking about buying some now that price is low and start forging.
I'm thinking about buying some now that price is low and start forging.
September 02, 2014, 12:23:49 PM
Some of the "negotiation process" of SuperNet is laughable :
Quote
"The only demand is that they want to buy 10% of the coin supply at the current price (this is why negotiations have to be a secret, to prevent price jump).
" All of this for what? To be part of an inferior network?All of what? They don't want you to hand over your coin. They want to buy it for BTC.
September 02, 2014, 12:22:29 PM
Two simple questions for all you SuperNet supporters:
1) What can SuperNet do for XCR that XCR cannot do for itself?
2) What is SuperNet EXACTLY??
1) What can SuperNet do for XCR that XCR cannot do for itself?
2) What is SuperNet EXACTLY??
XCR can do anything, but can't do everything.
The goal is to create a network of coin networks. Every coin that joins will add something unique functionality to SuperNET, and that function can be accessed and used by any other coin.
Instant transactions, decentralised exchange, asset exchange, anonymous coin transfer, etc.
The details are of course not clear yet, we only got an overview so far about the concept. It may not work, come notting of it.
One thing is certain: joining can't decrease the value of XCR it can only increase it.
Same for the price on the short term, for sure.
September 02, 2014, 12:07:04 PM
As of today, XCR would benefit from being in SuperNet..... so since we need them more than they need us, we are not in a good negotiating position.
When XCR's features are fully implemented, we will be in a much better negotiating position, and they will need us more than we need them.
When XCR's features are fully implemented, we will be in a much better negotiating position, and they will need us more than we need them.
If I understand SuperNet correctly they don't have different demands for different coins. The only demand is that they want to buy 10% of the coin supply at the current price (this is why negotiations have to be a secret, to prevent price jump).
So there are no real details to be negotiated that would be different for a coin in it's infancy and an established one.
Two simple questions for all you SuperNet supporters:
1) What can SuperNet do for XCR that XCR cannot do for itself?
2) What is SuperNet EXACTLY??
I agree with Litoshi here, I've stated it before, Crypti doesn't, nor it ever will need SuperNet if we have custom blockchain support.
Some of the "negotiation process" of SuperNet is laughable :
Quote
"The only demand is that they want to buy 10% of the coin supply at the current price (this is why negotiations have to be a secret, to prevent price jump).
" All of this for what? To be part of an inferior network? Jump to: