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Crypto Tip

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  • haie
    haie Member, Swaye's Wigwam Posts: 24,429 Founders Club
    BuffBuffPass said:

    haie said:

    BuffBuffPass said:

    backthepack said:

    BuffBuffPass said:

    backthepack said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Blockchain inherently makes things secure, because you cannot forge anything. I'm not talking about TSL. I'm talking about security in the general sense.

    As to your other comment, I would assume so, or at least the Ethiopian government assumes so. Need @EthiopiaSuperiorityGuy to weight in.
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  • BuffBuffPass
    BuffBuffPass Member Posts: 326
    haie said:

    BuffBuffPass said:

    haie said:

    BuffBuffPass said:

    backthepack said:

    BuffBuffPass said:

    backthepack said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Blockchain inherently makes things secure, because you cannot forge anything. I'm not talking about TSL. I'm talking about security in the general sense.

    As to your other comment, I would assume so, or at least the Ethiopian government assumes so. Need @EthiopiaSuperiorityGuy to weight in.
    That’s only true about forgery if your blockchain is immutable. Plenty of big name cryptos have history of violating this, including Ethereum and the DAO.

    Assuming they need it doesn’t make it so. It’s much more likely they paid off some Ethiopian government official to achieve this rather than some real need for a blockchain in Ethiopian schools. This is probably better than the usual corruption too as they get to confuse people who don’t know any better and come across as forward thinking at the same time.
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  • haie
    haie Member, Swaye's Wigwam Posts: 24,429 Founders Club
    BuffBuffPass said:

    haie said:

    BuffBuffPass said:

    haie said:

    BuffBuffPass said:

    backthepack said:

    BuffBuffPass said:

    backthepack said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Blockchain inherently makes things secure, because you cannot forge anything. I'm not talking about TSL. I'm talking about security in the general sense.

    As to your other comment, I would assume so, or at least the Ethiopian government assumes so. Need @EthiopiaSuperiorityGuy to weight in.
    That’s only true about forgery if your blockchain is immutable. Plenty of big name cryptos have history of violating this, including Ethereum and the DAO.

    Assuming they need it doesn’t make it so. It’s much more likely they paid off some Ethiopian government official to achieve this rather than some real need for a blockchain in Ethiopian schools. This is probably better than the usual corruption too as they get to confuse people who don’t know any better and come across as forward thinking at the same time.
    That's a good point. I'm not into crypto, but I wouldn't touch immutable cryptos anyway. I guess that's part of the investment analysis for those that are though. Is that just because they're trying to rush to market?
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  • backthepack
    backthepack Member Posts: 19,942
    Up a dollar to 2.30 in the past week and a half. Signed contracts with 22 more countries. You’re welcome.
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  • jecornel
    jecornel Member Posts: 9,737
    I’ve got a nice little bag.


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  • ntxduck
    ntxduck Member Posts: 6,231
    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/
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  • dirtysouwfdawg
    dirtysouwfdawg Member, Swaye's Wigwam Posts: 14,564 Swaye's Wigwam
    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Self proclaimed.
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  • backthepack
    backthepack Member Posts: 19,942
    edited May 2021
    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Anything done by the ETH team is probably worthwhile.
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  • FremontTroll
    FremontTroll Member Posts: 4,744
    backthepack said:

    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Anything done by the ETH team is probably worthwhile.
    Who the fuck is the “ETH team” and what the hell do they have to do with this pump n dump?
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  • backthepack
    backthepack Member Posts: 19,942
    edited May 2021
    FremontTroll said:

    backthepack said:

    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Anything done by the ETH team is probably worthwhile.
    Who the fuck is the “ETH team” and what the hell do they have to do with this pump n dump?
    Eth isn’t a pump and dump. It’s the second biggest coin on the market behind bitcoin. The coin he’s talking about is on the eth network, it’s built off ETH code.

    Cardano’s not a pump and dump at all?
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