/biz/ - Business & Finance

>>22734422
Checked. What is it, who does it and why do you like it

>>22734422
Checked. Fellow alien checking in. Zenon was inb4 all other anon teams

>>22734709
This was posted a couple days ago saying Jack Dorsey is the creator of it

>>22734422
Cocksuckers pajeets scammers just found this on bitcointalk :

https://bitcointalk.org/index.php?topic=4281633.msg53796085#msg53796085

"- zmnscpxj (squarecrypto confirmed account working on lightning network) confirms that Squarecrypto has nothing to do with Zenon Network. he even posts a weekly log that that can be verified
- Team lies about non-ICO, isn't transparent about how much money they raised in ICO
- calls premine -"personal investment"
- bans people that ask non welcomed questions
- has an explorer with no rich list
- has a roadmap full of wallet updates
- coin is listed on some exchanges known for listing shady coins

https://twitter.com/sqcrypto/status/1204815615678177280
https://twitter.com/CryptoQuestor/status/1225184642141167616
https://zmnscpxj.github.io/activity/2020-01-30.html
https://bitcointalk.org/index.php?topic=4281633.100
https://zenonnetworkscam.com


Why wont they provide full details about the two hacks? 1. Minting 2.5 million ZNN out of thin air. 2. Staking exploit that made the hacker an undisclosed number of coins.
- Exploits used
- addresses involved and coins blocked
- how many coins did the hacker managed to sell on exchanges and OTC before they blocked his coins from the second hack. In the first hack the hacker sent the coins to the team's addresses. I wonder why he would do that ? Did he got payed to do that? He says he got 30k ZNN as shown in the evidence above. Seems that some people in the zenon tg want others to believe that they made an update for the first hack and this is how they blocked the coins. Clearly a lie and the team bans you if you ask the right questions as shown above in this thread."

>>22734709
What is it:
Incredibly fast, almost infinitely scalable state of the art DLT. It combines the block lattice architecture that was first(?) used by Raiblocks/Nano with a DAG that exists as a separate layer for the consensus. The block lattice handles the transactions. It's going to be used to scale Web3 dapps as a L1, and also process transactions as a L2 chain.

Who does it:
This is an independent, open-source project and will probably be run by a foundation similar to Ethereum and Cardano, but I'm about 99.5% sure its backed by Square. I can enumerate the zillions of times they have hinted as such if I really have to here, but you can search for old biz posts on Zenon here and also on Warosu. Taken together the evidence is overwhelming but they've stayed under the radar by not confirming anything, by maintaining a very strict Telegram presence where they boot people who don't post, and bots sell off rallies when people buy it on the exchanges.

Square will likely use it to scale Bitcoin transactions where the default payment for merchants and Cashapp users is made in BTC, and then they can set it to dollars or pounds or whatever afterwards.

Twitter will likely use it for decentralizing its platform, where tweeting becomes more like a public utility.

Its open source and not owned by Square, like how Node.js isn't owned by Google but has wide adoption. They'll easily recruit 1000s of legacy web apps for this bc no code changes are needed, and also dapps on Ethereum will easily switch over.

Why I like it:
I've really done my HW on this one and I'm increasingly convinced how big its going to be. Imagine if someone had a time machine and went back to the time of the ETH ICO and told you to buy. That's what this feels like. There is nothing like this out there in terms of tech and its going to launch with big partners. 1000x is literally possible, in which case I would be able to have "f you" money, but even a 50x or a 100x is life changing at this price.

>>22735576
Samefag fud every time. Don't pay any attention to this guys. Look into this.

>>22735709
https://www.coindesk.com/jack-dorseys-square-wins-patent-for-fiat-to-crypto-payments-network

>>22734422
https://techcrunch.com/2010/09/16/decentralize-twitter/

https://www.al3x.net/blog/2010/09/15/the-very-last-thing-i-ll-write-about-twitter

https://www.manton.org/2019/12/11/twitter-to-decentralize.html

>>22735377
Bumping this... ask me anything anon

>>22735933

>>22735359
Sup bro we are prob already friends in the TG haha