I think Elastos contains 2 major parts, one is the coming new web built with RT, Carrier and DID. The other is blockchain-related things including ELA mainchain and sidechain.Now, the strong connection between Elastos web and ELA blockchain is the DID.Let’s think in this way…Will Elastos intend to construct a new modern web ASAP or Elastos is happy to focus on ELA chain and coins at first?Believe that to create a new modern web is most important thing.How to create the web soon? Any incentive brought by Elastos mechanism now to general users? From my opinion, not yet! But, I see that Elastos is trying hard to provide incentives to eco-partners to make them also trust the idea about new web will bring better protections to the privacy and security. So, if the eco-partner is willing to collaborate to build the new web together, how it can provide the incentives to users and even consumers? One of the proper ways is to reward them the cryptocurrency CONTINUOUSLY if people set up the peer node devices and also contribute the storage and bandwidth/internet traffic CONTINUOUSLY. The eco-partner can’t say that hey Elastos to pay ELA to my users… and the eco-partner also needs to control the balance between cost and benefit (users’ willingness to keep being the nodes of p2p network ) from real world business operation aspect. How to control the cost well? Many ways…ioeX is trying one of them. Yes, ioeX cloned ELA and modified it to have IOEX to rewards people who operate peer nodes and bootstrap nodes. But we also told Elastos team we will use ELA’s ETH smart contract-compatible sidechain if it’s ready to run, I treat this is a way to prove nodes from ioeX’s efforts there to form carrier network together not only saying verbally. If ioeX needs to run carrier network as a business, the R&D progress needs to be controlled and we need to ensure we can have the smart contract and blockchain in time to operate. We began to clone and build by ourselves since 2018-Oct. Let’s put the eye on carrier network, how to call more and more partners to construct the new web together is the major thing to Elastos. To look into the new web, let’s deduct things gradually to see what will happen…To deduct ELA coin, will new web engineering stop?... no, probably (except for salary consideration)To deduct ELA side chain for eco-partners, will new web engineering stop?...no, probably.To deduct RT, will new web engineering stop? … Maybe some problems will take place…To deduct DID, will new web engineering stop?... maybe not, but the security will be a big problem…To deduct carrier, will new web engineering stop? … surely yes… the ENGINEERING will stop…To deduct devices with carrier… allright, no new web anymore…Every part is important, and Elastos should make things grow in parallel. However, how to make many devices with carrier that will not the thing can be controlled by Elastos fully, because it’s not a tech term, it must plus the business term meanwhile. I also believe that if the bull returns, the best way and quickest way to Elastos to rise high is to have the big and wide carrier network formed with many devices instead of only the result like many partners use ELA sidechain/token chain or Elastos has a very strong and fancy blockchain mechanism. ioeX tries to extend Elastos carrier to have more features which can attract many users coming closer to see and even to buy the products with carrier SDK. Not only purchasing carrier products, people can adopt free carrier APP on their already owned devices…we are intending to enlarge the network from many ways. Rong and Elastos don’t need to convince me anymore because I already recognized carrier for many years and most of ioeX team members supported this for a long time as well. I believe if we can really build the network according to the concept Elastos held for a long time and then we can create a new world…(There were 3 teams of Kortide company previously, at Shanghai, Chengdu, Taipei. Kortide was the company to born Elastos since 2001. Something occurred suddenly to push me need
JP Morgan is rolling out the first US bank-backed cryptocurrencyhttps://www.cnbc.com/amp/2019/02/13/jp-morgan-is-rolling-out-the-first-us-bank-backed-cryptocurrency-to-transform-payments--.html?__source=twitter%7Cmain&__twitter_impression=true
"Huobi CEO stated that Huobi Prime is a selective token listing channel based Huobi’s own cryptocurrency, Huobi Token (HT) rather than serving as a platform for crowdfunding. Weng added that “it will offer an innovative, rapid and compliant token listing service for high-quality crypto projects globally.”"
it seems like being a security is the only strong negative factor in STX at this stage, as well perhaps as the scalability of the blockchain. Other security tokens get crushed as they have a different investor base and cant just be freely traded and used for anything. Why cant we use STX to buy things with? Its a crypto like any other, but instead the merchant would have to do KYC to buy a chocolate bar. Its a shame and it doesnt make sense, even though it could become a utility token at a later date, doesnt it go agains the whole decentralised ethos that blockstacks apps are all about? It clearly in reality is a genuine utility token or cryptocurrency. It also seems undervalued, if it were a utility token. At under 400 million market cap (0.30 x 1.2 billion approx) it is way lower than it should be, and it may struggle to hold that one as hardly anyone will buy security tokens at this stage. We will have to wait for security token exchanges to come online and get popular first. What if that is after the next big bull run? I'd like this q answered if possible: Why go the security token route? Is it beause of "institutional pressure" from their big institutional investors? I have nothing against them, if anything their money brings credibility. But there seems no other good reason to go this route. I suppose the lack of scalability of the blockchain indicates that STX might not be used much by the users of the apps at all. Or its a case of getting the apps right with lots of users, before scaling the blockchain and moving to a more free regulatory environment.
Crypto News | ShareCrypto 🚀 auf Instagram: „Ledger, the company behind popular cryptocurrency hardware wallets like the Nano S and the Nano X, has revealed that users are facing…“https://www.instagram.com/p/B76C47SgyQ3/