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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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9373516 No.9373516 [Reply] [Original]

>deployed both ERC20 & BTC support on the Request Network mainnet
>Now every developer can integrate BTC and supported ERC20 tokens
>The first tokens that are available today are KNC, OMG & REQ, with DGX & DAI coming soon.
https://blog.request.network/request-network-project-update-may-11th-2018-bitcoin-and-erc20-release-pwc-france-visits-cfa5e1859a63

>> No.9373524

>dumps 99%

>> No.9373526

Big step forward

>> No.9373528
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9373528

>>9373516

>> No.9373529

>>9373516
>Request Network mainnet
>erc20
?

>> No.9373530

This is fucking epic. Pay with your shitcoins, the store receives BTC.

>> No.9373541
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9373541

>>9373516
Noice

>> No.9373554

>>9373530
Gonna make it so much easier to avoid tax where i'm from

>> No.9373555

They met with PwC France in Singapore
>"... We have designed together use cases that could exceed expectations of the future customers, bridging the gap between the historical business world and the distributed world of blockchain.”—Marie Line Ricard, Partner, Blockchain Lab Leader, PwC France

>> No.9373575

>>9373516
This is fantastic
>>9373555
I'm cumming

>> No.9373578

REQ is so undervalued.

>> No.9373583

Remember, the best time to buy is when the FUD is stronfest and it seems all hope is lost. Don't FOMO in months later once it hits $1 again.

>> No.9373589

>>9373578
It might unironically be the only project on the market that is undervalued in real terms and not just undervalued compared to the bloated trash on CMC.

>> No.9373594

>>9373516
Buy now or what, what did they mean by this?

>> No.9373607

KEEP ON FUDDING, LOSERS

>> No.9373626

>>9373589
Agreed, once this is implemented on multiple stores (which is just one use case) parabolic will be an understatement. I fucking want to buy more right now and will do so once im home.

>> No.9373632
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9373632

*thinking emoji*

>> No.9373654

>>9373632
just sold, will buy back in 10 minutes :^)

>> No.9373655

>>9373589
You're delusional

>> No.9373658
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9373658

>>9373632
LINKIES ON SUICIDE WATCH

>> No.9373680

>>9373658
Not the smart Linkies who hold both.

>> No.9373707

>>9373658
So, has LINK been rendered useless by the Request Network team? I cannot believe they made a Bitcoin Oracle by themselves. What is Sergey's fatass doing?

>> No.9373720

>>9373655
>If developers want to front-load revenue to fund initial development, then they can sell a token, with the property that all fees paid are used to buy back some of the token and burn it; this would make the token backed by the future expected value of upcoming fees spent inside the system
PayPal processes $115 BILLION of transactions per year. Request is not only the paypal of crypto with no decentralised competitor, but has use cases ranging far from that such as automating entire parts of the accounting and auditing industry through smart audit algorithms.
Request Network is a platform that anybody can build upon to develop their own Dapp, and any time a transaction is made through these Dapps, a REQ fee is charged. You're blind if you think $130m in fees is the all the scope of this project can achieve in its lifetime.

>> No.9373727

>>9373707
This. WTF??? I was told it can’t work without ChainLink and LINK was needed for every project in the market?? How did they do it?

>> No.9373729
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9373729

>>9373707
LINK IS COMPLETELY USELESS NOW HAHAHAHAHA HOLY SHIT
IMAGINE ALL THE BAGHOLDERS ON THIS BOARD ALONE

>> No.9373738

>>9373516
Alright, selling FUN for REQ I guess

>> No.9373777

>Through this partnership, financial dApps built on top of the Request Network can now use the Dai stablecoin to provide price stability against the value of the U.S. Dollar. Dai is one of the first five ERC20 tokens supported on the Request Network, which has hit mainnet today.

What's their problem with Tether?

>> No.9373787

>>9373777
tether is a shitcoin that probably doesn't actually have the usd

>> No.9373794

>>9373777
The Dai stablecoin is backed by the equivalent dollar amount in gold. Tether is backed by imaginary dollars that we have to just trust exist.

>> No.9373799

>>9373738
req is pumping from this news, you want to get in fast mate

>> No.9373802
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9373802

>mfw I realized REQ token is inherently worthless
I won't even tell you why because this FUD coud literally kill the token and my REQ bags are heavy as it is, don't want to get JUST'd even more. But man, I don't feel so good.

>> No.9373830

>>9373787
>>9373794
No, no, the dollars are all there. Trust me, guys.

>> No.9373835

this piece of shit is never going up
holding req might be my dumbest crypto move to date

>> No.9373841

Now I know why it took the team longer than expected (past Q1) to launch Bitcoin and ERC20 support. They were tirelessly working on their own Bitcoin Oracle. This is bullish as fuck. This team works very hard, especially when other teams fail them.

>> No.9373845

>>9373738
>selling a token that's weeks from going live
>buying a pump on news

Congrats

>> No.9373848

>>9373802

Good one, Rajeesh. Go poo in the street.

>> No.9373871
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9373871

>+11% in the last hour
B U L L I S H

>> No.9373874

Sounds like a meme. So req just allows payments in crypto? And some req gets burned as fee?
No atomic swaps or similar?

>> No.9373883

"PwC France joined the Foundation team for a week of collaboration in Singapore"

We gonna be driving lambos arent we

>> No.9373886

>>9373799
I am waiting for FUN to recover for now, at least 5 cents

>> No.9373919

>>9373874
You pay in any crypto you want, and the seller receives the crypto of his choice as well. Fiat integration will happen eventually, so you can pay with crypto and they can receive FIAT.
This is only one use case, the payment button. Check out the website and give the whitepaper a read to find out more: https://request.network/#/

>> No.9373941

>>9373845
yeah the pump is already over kek, I'll buy in after everything is kinda settled

>> No.9373945

>>9373848
As you wish, you fucking nigger. I'll take the 25% portfolio loss.

Request Network protocol can work without the token or fees. And guess what? It's open source. Once it's finished, anyone can simply copy the code and get rid of the shoehorned token altogether.
>inb4 network governance
The tech is great. The token is WORTHLESS. Now fucking kill yourself.

>> No.9373947

>>9373883
>We gonna be driving lambos arent we
yeah whether we're driving aventadors or gallardo's is the Q

>> No.9373968
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9373968

>>9373516
Nice great news every time the market shits itself, making REQ so much better but also cheaper every time KEK

>> No.9373985

>>9373945
Yes the Request team didn't think of this and are now working full time on a project that is guaranteed to be worthless :(

>> No.9373988

you thought europeans will be left behind in crypto?

fuckin fucktards, they built the best product in crypto history with request network.

stay poor if you cant see that.

>> No.9374045

>>9373985
>:(
That's not an argument you retard. The team got over $30 million from ICO, of course they'd be working on the project full time as a result.

I've been holding REQ since 4 cents. Give me one valid reason as to what makes REQ token inherently valuable or fuck off.

>> No.9374112

>>9374045

the crux will be the conversation from one crypo to another. need a dex and liquidicity for that. you can't simply 'copy the code and get rid of the token'. being a simple payment gateway is the easy part.

>> No.9374116

>>9374045
REQ has never been 4 cents.

>> No.9374117

>>9373945
>Request Network protocol can work without the token or fees. And guess what? It's open source. Once it's finished, anyone can simply copy the code and get rid of the shoehorned token altogether.
Well, guess what? This applies to 99% of all crypto coins. Do you know what we call that? A fork. Anyone can do it.

Now ask yourself, why has it not been forked yet? Well, it's anyone's guess. But apparently people seem to like the way REQ is going. Maybe they even WANT fees, because it inherently increases REQ's value. Maybe it doesn't make sense, but people want money after all.

t. also 4 cent holder

>> No.9374149

>>9374116

it has tho

>> No.9374165

>>9373968
This. It's like they do it on purpose.

>> No.9374176

>>9374117
Copying the code is pointless, you won't get any extra money from making a new token no matter how much its worth in the future. You are better off FOMOing into it even if it was worth $100, even if you could copy it, in theory. Because its usage that drives the price and the copy would have no usage.

>> No.9374191
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9374191

>>9373516
>partnership with blockfolio

mfw i realize blockfolio is going to become an exchange and they will be using REQ for payments. Holy moly

>> No.9374237
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9374237

>itt brainlets that still thinks mainnet and fundamentals are what pamps a coin

>> No.9374244

When will they announce OMG partnership?

>> No.9374255

>>9374237
what pumps a coin then? tell me, big faggot

>> No.9374256

>>9374045
Give me good reason why the xrp token is valuable, justifying its marketcap.

>> No.9374272

>>9374244
Good question, it's basically a sure thing

>> No.9374278

>>9373516
WHAT THE FUCK IS SERGEY DOING LEGIT SOLD MY USELESS LINKSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

>> No.9374304

>>9374116
Bought my 100% REQ stack at 4 cent

>> No.9374320

Whew lads, so many (You)s and not a single even remotely satisfying attempt at dispelling my FUD. I'm concerned for the sake of my own bags.

>>9374112
I do realize that Request's strategic partnerships and first-mover advantage are a huge competitive advantage. I'm talking long-term here. Years down the line. Nothing prevents someone simply copying the code and implementing the functionality to their own blockchain. The partners can then simply switch to the competitor that is actually free.

Hey, perhaps the 0.05-0.5% fee of REQ is negligible enough that no one will bother switching.
>>9374116
>unironically being this new
>>9374117
>This applies to 99% of all crypto coins
So? We're in a speculative bubble market.
>why has it not been forked yet?
Because the code is nowhere near complete. What kind of question is that?
>Maybe they even WANT fees, because it inherently increases REQ's value.
Do you know who wants fees? The bagholders. The users want whatever service is cheaper.
>>9374256
What does XRP have to do with anything? It's a worthless centralized shitcoin, yes. So?

>> No.9374378

>>9374320
Lmao dude I don’t even give a shit anymore. Stay poor and keep fudding one of the most legitimate projects in crypto.

I’ll be laughing at you the entire time.

>> No.9374414

>>9374378
>Stay poor
Nice argument pajeet. Even your ID represents the color of your skin.

>> No.9374646

>>9374320
So? xrp made millionaires and billionaires without its token being useful. Req can make you rich, who cares about 10 years from now whether the tokenomics are perfect.

>> No.9374884
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9374884

>>9374646
>coin X can make you rich because coin Y has made people rich before
Well no shit. If you bought $1k worth of Bitbean early last year, you'd be a millionaire in January.

Comparing Request to Ripple is pants on head retarded. Ripple is scummy enough to actually hype their shitcoin. Hype>honesty from a holder's perspective.

>> No.9375035

>>9374237
Stick to your 5min candles, Vanesh. We're thinking long term here

>> No.9375083

150k and... you guessed it... comfy as fuck. My kid starts college next month.. i just put $1,000 USD into REQ for a grad present for when he graduates in 4 years... You have to love the way this team does things.

>> No.9375107

>>9374116
I got in at 5c and I'm pretty sure I remember kicking myself for not getting in a little bit cheaper

>> No.9375159

>>9375083
Get ready to have over 15 million dollars in a couple of years.

>> No.9375209

>>9374320
>Nothing prevents someone simply copying the code

Smarter people than you have already thought about this pajeet

>A counter-retort is: someone can also fork the interface to replace your protocol token with ETH, BTC, DOGE or whatever else users would prefer to use. One can make a more sophisticated argument that this is hard because the “pirate” version would have to compete with the “official” version for network effect, but one can just as easily create an official fee-paying client that refuses to interact with non-fee-paying clients as well; this kind of network effect-based enforcement is similar to how value-added-taxes are typically enforced in Europe and other places. Official-client buyers would not interact with non-official-client sellers, and official-client sellers would not interact with non-official-client buyers, so a large group of users would need to switch to the “pirate” client at the same time to successfully dodge fees. This is not perfectly robust, but it is certainly as good as the approach of creating a new protocol token.

>> No.9375256

>>9375209
>don't have a compelling argument so I'll call him a pejeet

>> No.9375333

>>9375256
>quoting vitalik isn't a compelling argument
Ok pajeet

>> No.9375422

>>9375159 - Getting him a graduation card this weekend with the address and keys and dating it 2022... Going to put it in the safe deposit box.

>> No.9375452
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9375452

Hey REQtards! all in LINK here (with no view to change) but I recognise that you have a legitimate project on the go so I just have to say well done to you all for holding through the hard times.

>> No.9375634
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9375634

>>9373802

It's no secret that they capitulated on fiat integration.

>> No.9375673

>>9375634
Req only pumped so high in the first place because of their kyber partnership

>> No.9375689

>>9375673
Black thumb up emoji

>> No.9375756

>>9373707
>>9373727
>>9373729
This literally has nothing to do with pulling off-chain data onto a blockchain lol?

>> No.9376406

>tfw bought in @ 0.70 cents, average costed down to 0.38 cents over the bear market
15k REQ, 100k FUN to the moooon

>> No.9376571

>>9375756
it doesn't at all. don't listen to req fudders. it's been insane lately. literally just using kyber network.

>> No.9376782

>>9374045
Post your sell orders or shut the fuck up.

No more FUD backed by bluster and larps. Post your sell orders on your REQ and show us how you've lost faith and you're not holding anymore. If you don't, you're a shit stain and should probably stop cock gobbling for (you)'s

>> No.9376843
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9376843

>>9373727
Today in How did they do it.
We show you the creation of an Oracle.

>> No.9376877

>>9373529
are u really this retarded

>> No.9377155
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9377155

Only 40k, am I destined to stay poor?

>> No.9377975

>>9376782
u mad?

>> No.9377990

>>9376782
Faggit

>> No.9377994

>>9377975
Biz is such a garbage place holy shit