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11056061 No.11056061 [Reply] [Original]

$1 EOY

>> No.11056080

>>11056061
EoW

>> No.11056081

>>11056061
this will end like OMG.
One massive pump.
then an eternal dumpening.

> HOT

what a stupid ticker.

>> No.11056096

>>11056061
https://medium.com/holochain/beyond-blockchain-simple-scalable-cryptocurrencies-1eb7aebac6ae

>have to pass KYC + credit check for every coin on holochain.

>have to either maintain your own personal blockchain history, or trust that someone else is storing it for you. If either party loses the chain data you lose all your money. It doesn't have guaranteed permanence like bitcoin. If being a notary (a node that maintains records) ever becomes unprofitable they will dump your records and bail in a heartbeat.

>have to pay fees to notaries any time you do anything. Its ethereum all over again.

>HOT is not even required to use holochain; its bordering on useless even if holochain succeeds.

>> No.11056114

>>11056096
Trump BTFO

>> No.11056122

>>11056081
Don't compare the two. One is a gift card token and the other is a (((paradigm shift)))

>> No.11056132

>>11056081
>One massive pump.
OMG pumped for weeks on end, didn't it?

>> No.11056141

>>11056096
>credit check for every coin on holochain
lmao this is my favorite FUD

>> No.11056159

Article from 2016

>wrong it's in the whitepaper and clarified by the team that accounts accept funds automatically for HOT (AMA & whitepaper)
>wrong, balances are maintained by the neighborhood, app data is local (dev talk, ask in dev channel too)
>plainly wrong, only KYC is to use their fiat gateway for hosting because the org wants to serve US companies (answered in AMA)
>there are no fees to notaries (there is no mining or transaction fee other then the holofuel one to the foundation)
>holochain has no compute or nodes natively other then holohost so good luck convincing the 2k people that bought hardware to switch to a new no mc network (basic incentive argument that people tried to use on EOS, ETH & more)

I already shit on you on your thread yesterday go try with some new FUD.

>> No.11056168

>>11056159
>>11056096

>> No.11056174

>>11056096
This lil nig here trying to do this funny shit again until people believe it

>> No.11056179

>>11056141
Its true. The whitepaper calls it the "membrane function." Holochain is ultimately based on trust, which means when you join a new subchain you have to have someone vouch for you. You have to reveal who you are and prove you arent a scammer. Its KYC or a credit check, however you want to call it. You cant just show up with your dick in your hand like bitcoin. Joining a coin on holochain requires social interaction.

>> No.11056188

>>11056159
I dropped the "cant accept payment without being online" portion of the fud. You will see it is no longer present.

>> No.11056190

>>11056179
>KYC and credit check
>membrane function
kek
>>11056188
the rest of your points are equally retarded dude

>> No.11056207

>>11056190
They are accurate. Did you read the whitepaper? Or that simplified version they described on medium?

>> No.11056246

>>11056190
>>11056179
>>11056141
Maybe I should clarify this. Everyone seems to have massive problem with the term KYC even though its pretty much what you are doing.

>> No.11056251
File: 599 KB, 1242x1657, IMG_85ECEE367A3C-1.jpg [View same] [iqdb] [saucenao] [google]
11056251

>> No.11056267

sharding is the future fags, scale is the concept that change it all, have the proper scale fag for everything

>> No.11056292

>>11056267
>sharding is the future fags
it's in the FUTURE alright :^)
https://www.mangoresearch.co/ethereum-roadmap-update/

>> No.11056313

>>11056267
You have bad English but ETH 2.0, Holo, DAG, EOS all work with the same scaling concept so you are posting this in the wrong thread friend

>> No.11056337

>>11056292
etherium is the poor son of bitcoin, and now wants to be the clon of bitcoin sucesor the holochad

>> No.11056338

>>11056313
EOS does not actually. It is not a dag. Its a regular blockchain hosted on 21 supercomputers.

>> No.11056342

Holochain in 100 words: https://medium.com/h-o-l-o/heres-holochain-in-100-200-and-500-words-509818aa3c88
Holochain's Agent-centric Approach: https://medium.com/holochain/scaling-cryptocurrencies-holo-chain-3c1745a59cc5
Holochain Github Visualization: https://www.youtube.com/watch?v=F17qOyaN7wM
Jim Cook of Mozilla speaks about Holochain - Holochain Meetup at Mozilla Mountain View: https://www.youtube.com/watch?v=NWTUk7QvMQY&feature=youtu.be&t=42m12s
HoloChats with Matthew Schutte and Jim Cook of Mozilla: https://youtu.be/TxRvDIkSMNA?t=615
HoloChats with Matthew Schutte and Internet pioneer Mitra Ardron ("We're planning to build a browser on it"): https://www.youtube.com/watch?v=nytbNMH5L1k&feature=youtu.be&t=2485
Holochain Benchmark Discussion: https://www.youtube.com/watch?v=M8mwb9W5N-M
dApps and development (may be outdated): https://docs.google.com/spreadsheets/d/1buiMXxc9n65FBdsORGT1REKsWnMDc8ffjMGJV2N0Lno/edit#gid=512020816

>> No.11056356

>>11056246
>have to pass KYC + credit check for every coin on holochain. The whitepaper calls it the "membrane function." Holochain is ultimately based on trust, which means when you join a new subchain you have to have someone vouch for you. The only way to get money in holochain is through debt. Meaning you can spend money even if your balance is zero. You end up with negative balance and the other guy ends up with positive. If it was someone completely random with no KYC that person could just delete their account and make a new one over and over to get infinite money; a sybil attack. The membrane function prevents that from happening. You have to reveal who you are and prove you aren't a scammer. You have to prove that you are worthy of being issued credit. Its KYC or a credit check, however you want to call it. You cant just show up with your dick in your hand like bitcoin. Joining a coin on holochain requires social interaction. So you better practice your firm handshake and looking them in the eye.

This is my updated fud. Do you like it?

>> No.11056366

>>11056356
Is this legit? Lmao@holocucks

>> No.11056379

>>11056366
Yes its legit. I spent several hours reading the whitepaper and various explainers written by the holochain team.

>> No.11056386

>>11056338
>Its a regular blockchain hosted on 21 supercomputers
it's a centralized piece of shit

>> No.11056398

>>11056386
Debatable but yes it is centralized basically. Thats why it scales so well.

>> No.11056409

>>11056398
>Debatable but yes
just say yes, fren
it's centralized and it scales well for that reason
wanna know what else scales well? a regular server
blockchain is not necessary in this case. Once you remove decentralization, it's just a fucking gimmick
we want scalable decentralization, not gimmick-tier "me too" nigger bullshit

>> No.11056426
File: 286 KB, 1065x1379, 1nqtr8.jpg [View same] [iqdb] [saucenao] [google]
11056426

holochain is more difficult to understand than blockchain, some poorfags just dont get it, but is easy to buy them and be an holochad what an irony

>> No.11056428

>>11056409
Eos has built in democracy though. If a block producer (the server owner) starts acting shady the eos holders can vote him out. He will no longer be in charge of anything and someone better will take his place.

You cant do that with amazon web services. If you dont like jeff bezos too bad. Jeff is eternal.

>> No.11056432

>>11056428
>built in democracy
kek

>> No.11056521

>>11056159
oh I just read the rest of this. I stopped reading before after I realized you were trying to debunk points I didnt even make this time.

>>there are no fees to notaries (there is no mining or transaction fee other then the holofuel one to the foundation)
There are too, the article mentioned that several times. Its what incentivizes them to maintain and preserve the DHT.

>holochain has no compute or nodes natively other then holohost so good luck convincing the 2k people that bought hardware to switch to a new no mc network (basic incentive argument that people tried to use on EOS, ETH & more)
That is completely true. But its easy to run your own node even on very simple hardware like a smartphone. This is because you only have to store your own personal chain and calculations you would need to do are very simple. So you dont need a remote compute node, you can just do it yourself.

>> No.11056537

>>11056521
>REEEE you can use the tech

>> No.11056559

>>11056061
Idiots saying holochain will replace ethereum are deluded, holochain doesn't even have consensus, double spending attacks will destroy holochain

>> No.11056564

>>11056537
you can use the tech without HOT. You are investing in nothing.

Holochain itself may have some uses, especially stuff that isnt transactional like a decentralized website or something. That still doesnt mean you will make any money on this. You are basically getting excited over something that belongs on /g/ at this point. Like I2P or IPFS or TOR or torrenting or something.

>> No.11056582

>>11056564
>you can use the tech without HOT. You are investing in nothing.
why do you even post in these threads given how genuinely fucking stupid you are?

>> No.11056587

>>11056564
will eventually replace the cucked google and facebook, hot will be like gold

>> No.11056588

>>11056564
>That still doesnt mean you will make any money on this
I will link back to this post in the future if it moons fren

>> No.11056590

>>11056582
dunning kruger in full effect

>> No.11056596

>>11056590
>ur an NPC
>muh dunning kruger
lol back to plebbit

>> No.11056600

>>11056587
you dont need hot to use holochain. Even if holochain does replace those sites you dont need this coin. The devs themselves have mentioned this many many times.

>> No.11056612

>>11056600
>you dont need hot to use holochain
you literally need holofuel to use holochain
you can use holo tech without using holochain but good fucking luck
you are missing FUNDAMENTALS here
muh dunning kruger
fucking idiot

>> No.11056617

>>11056600
stay poor, some wage slaves chose that

>> No.11056660

>>11056612
>you literally need holofuel to use holochain
you do not. The devs have said this over and over and over.

>> No.11056671

>>11056617
>>11056612

There appears to be some confusion regarding this so have some updated fud.

>HOT is not even required to use holochain; its bordering on useless even if holochain succeeds. HOT is used to buy time on Holohost, the native compute node to holochain. You can easily compute your own personal blockchain even from a small computer like a smartphone so the vast majority of users will not need HOT. HOT may have some uses for IOT devices and embedded microcontrollers; computers too small to act as their own compute node.

>> No.11056676

>>11056660
you are just making shit up, taking things out of context, etc. you are a nuisance and accomplish nothing

why not just fuck off?
>muh dunning kruger
literally go back to plebbit

>> No.11056696

To anyone other than this fucking retard >>11056671

See: https://files.holo.host/2017/11/Holo-Green-Paper_2017-11-28.pdf

Section: Participating with Holo Fuel
>inb4 he's still here posting out-of-context phrases

>> No.11056753
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11056753

>>11056696
>https://files.holo.host/2017/11/Holo-Green-Paper_2017-11-28.pdf
thanks frend

>> No.11056790

>>11056081

Does Omg have a working alpha?

>>11056179

Literally none of this is true, topkek. "Trust" is a score by validation of the agents chain, it's not about showing a drivers licence or something.

>> No.11056808
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11056808

Look at page 28, Asset-Backed Crypto Economy, holochad team anticipate the use of holo fuel as general purpose currency, ultra moon confirmed kek

>> No.11056864

>>11056696
>An end-user accesses crowd-hosted applications via standard web browsers, so their defining characteristic is that they have not installed Holochain. Holo is designed to help such end-users reach their applications, keep their data out of centralized services, and make it safe and easy to do crypto-transactions. Like all user roles, major rights and responsibilities involve following the rules encoded in the Holo app DNA, which may include payment of transaction fees when they accumulate to the payment threshold.

So basically HOT is used if people would rather spend 5 bucks to play holokitties rather than install the equivalent of metamask.

>> No.11056875

>>11056790
How do you think you get the score anon? How do you get assigned credit?

>> No.11056882

>>11056864
>>11056875
>why hello there, I'm going to post in every thread with my special custom FUD that I made purely as a mechanism by which to get anons to spoonfeed me answers to things
>throwing around terms like dunning kruger
>just now reading the white paper
you are a special brand of retarded

>> No.11056913

>>11056790
There’s a name for this completely peer-to-peer approach to issuing managing a currency supply: mutual credit. In a mutual credit system, units of currency are issued when a participant extends credit to another user in a standard spending transaction. Picture a new mutual credit currency with all accounts having a zero balance. The first transaction could look like this: Alice pays Bob 20 credits for a haircut. Alice’s account now has -20, and Bob’s has +20.

Notice the net number units in the system remains zero, just like the balance sheet in standard accounting must always balance to zero. That accounting practice places no limits on the amount of cash or assets a business can have; it simply means they are offset by an equal amount of liabilities or equity. Every negative balance in a mutual credit system is offset by positive balances so there is always a systemwide ZERO balance. You could think of the total number of units in circulation at any time as the sum of all the negative balances (or, if you prefer, the sum of positive balances since they are the same number).

But wait—Alice spent credits she didn’t have! True. That’s exactly how issuance in mutual credit works. Managing the currency supply in a mutual credit system is about managing credit limits—how far people can spend into a negative balance. Different systems set different rules about this, ranging from everyone having the same limit (e.g. 100 credits), to having NO limits and leaving the choice up to each person as to whether they want to extend more credit to someone deep in debt. It really depends on the community, the relationships, and the use case.

continued

>> No.11056918

>>11056913
One elegant approach to managing mutual credit limits is to set them based on actual demand. You can calculate credit limits to be an equivalent of what you can pay back in 3 months (or another arbitrary period) based on the transaction history of each account (with a couple of anti-gaming modifications). This allows the currency supply to expand and contract based on the actual usage patterns of the community which demonstrate the market demand for the value people are providing.

Yes… I know many of you are jumping out of your seats with concerns about manufacturing fake accounts to game credit limits (Sybil Attacks). Please keep in mind there can be different classes of accounts. Easy to create, anonymous accounts may get NO credit limit, and only be able to spend credits which they have earned. Just like in the regular world, to get a credit line, you may need to validate your identity, pay an application fee, or jump through whatever hoops the community decides are appropriate for the community to extend you credit (e.g. be a member of the church, live in the neighborhood, have placed a security deposit, confirmed a credit card on file which can be charged for fraud, or whatever).

>> No.11056928
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11056928

btfo eos and ethereum lol page 20
"Over $1 billion
has gone toward other projects to provide largely a subset of the functionality we have already built
or we expect to bring online in the next few months."

>> No.11056932

>>11056918
>you may need to validate your identity, pay an application fee, or jump through whatever hoops the community decides are appropriate for the community to extend you credit

Boy howdy sure sounds like a credit check to me.

>> No.11056940

>>11056913
yeah that works irl with fixed identity and such. but not with crypto where you can anonymously generated as many addresses as you want without having to pay it back

>> No.11056966

>>11056882
Why don't you answer the question. How do you get assigned credit?

>> No.11056973

>>11056940
Keep reading, your concerns are addressed later on.

>> No.11056978

>>11056966
>answer the shotgun blast of bullshit someone made up based completely on misconceptions he gleaned only from casually perusing reddit/4chan and picking fights with anons
this is his problem solving strategy, the faggot can't even be bothered to read the white paper, which is literally step one, and you want me to "answer the question"

kill yourself and just learn to read you dense shithead

>> No.11056981

>>11056966
I literally just posted it. Literally.
>>11056918
>>11056918
>>11056918
>>11056918
>>11056918

>Yes… I know many of you are jumping out of your seats with concerns about manufacturing fake accounts to game credit limits (Sybil Attacks). Please keep in mind there can be different classes of accounts. Easy to create, anonymous accounts may get NO credit limit, and only be able to spend credits which they have earned. Just like in the regular world, to get a credit line, you may need to validate your identity, pay an application fee, or jump through whatever hoops the community decides are appropriate for the community to extend you credit (e.g. be a member of the church, live in the neighborhood, have placed a security deposit, confirmed a credit card on file which can be charged for fraud, or whatever).

>> No.11056986

>>11056913
>>11056918
Is this from the whitepaper?

>> No.11056989

>>11056981
wow doing something other than complaining for once, congratulations

>> No.11056992

>>11056966
>>11056981
oh whoops i thought that was addressed to me. That is the answer i posted though.

>> No.11057011

>>11056986
No its from a more high level description of how holochain works. It is from the holochain team though.

The whitepaper says basically the same thing, but its highly technical with lots of math proofs. It doesnt make for light reading.

https://medium.com/holochain/beyond-blockchain-simple-scalable-cryptocurrencies-1eb7aebac6ae

>> No.11057108

>>11057011
The mutual credit thing actually sounds really fun and interesting. But so weak in the internet world. It's pre-bitcoin tech.
>What if I alter my code to give myself an unlimited credit limit, then spend as much as I want? As soon as you pass the credit limit encoded in the shared agreements, the next person you transact with will discover you’re in an invalid state and refuse the transaction. But what if they don’t want to refuse a transaction just because I’ve entered an invalid state? If two people collude to commit an illegal transaction by both hacking their code to allow a normally invalid state, the same still pattern still holds. The next person they try to transact with using untampered code will detect the problem and decline to transact. If you get everybody to collude with a new agreement, that sounds a lot like a software update.
This to me, doesn't hold water. Even as a concept. Never mind an implementation.

>> No.11057129
File: 65 KB, 1200x858, tiresome.jpg [View same] [iqdb] [saucenao] [google]
11057129

>>11057108
>This to me, doesn't hold water. Even as a concept

>> No.11057144
File: 111 KB, 500x539, smugsnug.png [View same] [iqdb] [saucenao] [google]
11057144

>>11057129
Yeah well making 21 posts in one thread would get tiresome wouldn't it, anon.

>> No.11057152

>>11057144
>muh post count
are you 12 years old?

>> No.11057168

I really don't understand how you can be so excited about this token

the concept is meh at best, fundamentals are pretty shitty

>> No.11057172

>>11057108
It does seem really really clunky doesnt it. The entire point of blockchain is you dont have to trust anyone. This ruins its best feature.

I still think holochain may have some uses for non transactional things, like decentralized websites. Those boys on stormfront are going to love this. You might be able to make a new alphabay or silk road on it.

>> No.11057180

>>11057168
Well its not a blockchain, so its got that going for it. Its not really a dag either. Its sort of its own little thing. Not a great thing, but its unique at least.

>> No.11057181

>>11057172
>The entire point of blockchain is you dont have to trust anyone. This ruins its best feature
are we reading the same thing? sometimes I wonder if you're all just trolling or if I'm really surrounded by complete

>> No.11057184

>>11057172
>>11057180
the term you're going for is trustless, and it is indeed trustless by design, as outlined in >>11057108

>> No.11057216

>>11057181
>>11057184
It still requires trust. You CAN perfom a double spend on holochain if you are fast enough. Thats because block states dont propagate instantly through the gossip protocol. So you have a brief window in which to rob everyone.

>> No.11057225

>>11057216
this is just more of you making shit up based on your current understanding of things which is extremely simplistic, as I said above this is like your problem solving process, you're just forming an incomplete picture and posting shit as though you're an authority on the subject even though in reality you're simply trying to understand it yourself, you make me sick

>> No.11057258

>>11057172
It's just ... ugly. An honour system just fundamentally sits across the reality of the internet.
In a mutual credit system there is no way to enforce Sybil resistance without tying accounts to real world identities.
>Holochain’s “agent centric” philosophy means that identifying and tracking agents is as important as identifying and tracking data in a “data centric” system so anonymity, or even pseudonymity, is counterproductive
That's all I could find when googling "holochain Sybil attack". Unimpressive.

>> No.11057279

>>11057225
Did you even read the whitepaper? They went over this. You can spend coins, quickly drop the last block you created, and spend them again with someone else. Its a race to see if they provide you with whatever it is that you were buying before the gossip protocol synchronizes those two people. If they have a long delay before providing you with goods and services it wont work though. However once you already have the goods in hand you really have nothing to lose by trying it, so I suspect people will attempt double spends quite a bit.

>> No.11057294

>>11057279
>Did you even read the whitepaper?
funny coming from you as it was clear that you hadn't until I posted it you dumb cunt

I used to work at Burger King when I was a teenager and you remind me of some of the guys there, lots of talk, lots of hot air, but ultimately just some fucking moron destined to work at burger king forever

>> No.11057297

>>11057258
Yes exactly! This guy gets it!

>> No.11057327
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11057327

>>11057294
I like how you just insult me constantly instead of actually refuting the central point. Theres you down there with namecalling and ad-hom, whereas I refute the central point every time.

>> No.11057338

>>11057327
>I like how you just insult me constantly instead of actually refuting the central point
great, more "dunning kruger" type posting
I bet you really think you're logical and intelligent

>> No.11057345

>>11057327
>>11057338
By the way, insults aren't "ad-hom," you insufferable moron. cant wait to hear more WikiPhD wisdom from this idiot

>> No.11057367
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11057367

we are exploring new lamboland territories only fags and weak cuckolds cant dare to cross, weak fagpussies

>> No.11057392

>>11057338
>>11057345
>>11057367
Yeah you're probably better off sliding the thread than addressing that whole awkward "no-Sybil-resistance" issue.

>> No.11057408

>>11057338
>>11057345
Its clear you have no idea how cryptocurrencies even work. You saw something you didnt understand, got really excited, and bought as much as you could. Now that im deflating your excitement balloon you are getting mighty salty.

>> No.11057418
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11057418

Will the ETH pump kill the inevitable Holo rally that was literally just about to take place?

>> No.11057452
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11057452

>>11057418
eth pump? its going to 60 eoy, i already shorted 30

>> No.11057551

>>11056096

>Posts article by founder
>Posts made-up FUD not found in article as if it's there.

Fuck off, brainlet. Are you so retarded that you couldn't read the English of the article you just posted or is your pajeet mind simply incapable of comprehending it properly?

>> No.11057591

>>11056313

These coins are using different scaling concept, especially Holo. Holo is not a DAG, sharding like Ethereum keeps failing to get to work is not a DAG, and EOS is centrally hosted.

>> No.11057618

>>11056356

No, I don't like your brainlet-tier misunderstanding of the white paper. You're like someone who ate a bunch of acid and then thought God was feeding him hidden messages through Spongebob episodes. What you posted here is just as detached from reality. Fuck off.

>> No.11057627

>>11057618
>You're like someone who ate a bunch of acid and then thought God was feeding him hidden messages through Spongebob episodes
kek

>> No.11057685

>>11057418

No. Holo is basically decoupled in terms of ETH and BTC price now. Whales and smart money is buying it based on its fiat value because they view it as intrinsically valuable, unlike other alt coins which are just vehicles to accumulate sats or gwei. You see this in its relative fiat price stability as ETH shits the bed or BTC dumps, as well as its pumping pattern that is independent of both. You also see this show itself in the pumps, when whales and big money just buy and buy regardless of how it's raising the price. Smart money and insider traders are filling their bags, goys. There's a reason for that.

>> No.11057698

>>11057551
>made-up FUD

>Taken from a Medium Article: https://medium.com/holochain/scaling-cryptocurrencies-holo-chain-3c1745a59cc5
>Holochain’s “agent centric” philosophy means that identifying and tracking agents is as important as identifying and tracking data in a “data centric” system so anonymity, or even pseudonymity, is counterproductive
The network is *fundamentally* permissioned. And not just in the shitty EOS "muh governance" way, it's permissioned because if you don't have concrete identities the whole thing collapses under Sybil attack.

>> No.11058042

>>11057338
>>11057345
>>11057345
you're a retard man, I hate retards quoting dunning kruger as if knowing the syndrome automatically makes you wise in all subjects

just try and explain to the guy why double spends wouldn't be possible if it's so easy to understand for you to call him a retard over it

and don't respond to me, I don't give a fuck about this, I just hate the dunning kruguer thing

>> No.11058049

>>11058042
>you're a retard man, I hate retards quoting dunning kruger as if knowing the syndrome automatically makes you wise in all subjects
I was quoting the person to whom I was responding, who did that first, you stupid fuck

Here's the problem, this right here

>> No.11058061

>>11058049
>and don't respond to me, I don't give a fuck about this
and you were quick too!

guess you don't have a clue and just moved the goal post

>> No.11058067

>>11058061
lol retard

>> No.11058086
File: 138 KB, 1110x816, 14-dunning-kruger.jpg [View same] [iqdb] [saucenao] [google]
11058086

>>11058067
also I just realized you're the idiotic OP claiming 1$ EOY

this has 133.214.575.156 circulating coins...

>> No.11058091

>>11058086
>attack me for quoting someone else
>sperg out over a meme
you are so incredibly unintelligent I don't know where to begin
inb4 pretending lol

>> No.11058117

>>11058091
you never refuted his point though
you insulted him and then started insulting me

great job!

>> No.11058130
File: 53 KB, 658x582, filtered.png [View same] [iqdb] [saucenao] [google]
11058130

>>11058117
>you're a retard man, I hate retards quoting dunning kruger as if knowing the syndrome automatically makes you wise in all subjects

The funny part is that you got this exactly wrong, as I was roasting him for quoting it. Basically, you're a fucking idiot. Filtered.

>> No.11058145

>>11058130
cool now that you filtered me, I'll let other, less retarded anons, know that TA is pointing to a dump in the short term

enjoy the bags!

>> No.11058164
File: 7 KB, 213x237, 1524150232717.png [View same] [iqdb] [saucenao] [google]
11058164

>>11057698
Bro, that's talking about nodes not users
BCH plz

>> No.11058204

The HOLOcaust memes write themselves with this one

>> No.11058266

in before a 1$ by eoy

>> No.11058391

You could always buy the token on an exchange and then spend it if you want to be anonymous. But if you want credit, you need an identity. Idk why this would scare people. No one would give people credit in the real world if they didn't know you. I see no problem here.

>> No.11058402

>>11056981
Did you just answer your own fud?

>> No.11058405

>>11058391

>have to pass KYC + credit check for every coin on holochain.

>have to either maintain your own personal blockchain history, or trust that someone else is storing it for you. If either party loses the chain data you lose all your money. It doesn't have guaranteed permanence like bitcoin. If being a notary (a node that maintains records) ever becomes unprofitable they will dump your records and bail in a heartbeat.

>have to pay fees to notaries any time you do anything. Its ethereum all over again.

>HOT is not even required to use holochain; its bordering on useless even if holochain succeeds.

>> No.11058416

>>11057108
Arn't reserve accounts the only ones that can issue credit?

>> No.11058978

>>11056061

> he still bellieve the 50 000 TPS.

With a Blocksize of 1 KB, a 50 GB HDD will be full in 17 minutes.

Who the fuck could stock that amount of DATA, and the broadband must be around 500 MBytes ( 4.8 Gbits/s with 20% tolerance ) at least.

You are deluded if you think anyone will be able to run a node HOLO in the next 10 years.

>> No.11058989

>>11058130
How is your resolution so high? Are you using one of those Macs that cost $14k?

>> No.11059015

>>11058989
Yup

>> No.11059656
File: 74 KB, 807x802, 1527552536268.jpg [View same] [iqdb] [saucenao] [google]
11059656

>>11057618
> You're like someone who ate a bunch of acid and then thought God was feeding him hidden messages through Spongebob episodes

>> No.11059692

>>11057144
sleep snug, smug.

>> No.11060268

>>11056081

based and redpilled

>> No.11060343

>>11057152
Yes, what is this?

>> No.11060363

>>11057294
>used to
It's o.k Wojack you can be honest with us

>> No.11060498

HOT is going to pump fast just like XVG, TRX etc. in the past days. 7-14 days for an easy 10-20x in the right market conditions.

There are exactly the same volume patterns, buy/sell walls, manipulation etc., its extremely low sat and attractive for normies.

Ride the pump, sell near the top, search the next one.

>> No.11060926

>>11058978
>With a Blocksize of 1 KB, a 50 GB HDD will be full in 17 minutes.

Im not a holo shil but its retarded to think that every node will have a copy of every bit of information on the holo network.

If 5 people are using holo-twitter only 5 of them will share the data.

>> No.11061330

>>11056966
there will be a two part mechanism, a universal algorithm that will calculate your credit limits according to past performance, and the willigness of a buyer to accept your debt

>> No.11061391

>>11057392
oh my fucking god you degerenate mongoloid, he already showed you a sybil attack isn't possible in holo in at least 15 different threads so far, jesus fucking christ you moron, I bet you're a salty skycuck.

>> No.11061419

>>11058978
good thing it's not blockchain you mongoloid

>> No.11061509

I'm just here to collect my $100k
That's all

>> No.11061512

>>11061509
You have 100k HOT?

>> No.11062095

>>11060498
Nice to see someone here with a brain

>> No.11062179

10k hot here will i make it?

>> No.11062229
File: 29 KB, 450x450, cope.jpg [View same] [iqdb] [saucenao] [google]
11062229

Just remember to sell when it drops and buy when the price is back up again.

>> No.11062955

>>11062179
If $100 = 'making it' in your country.

>> No.11063439

>>11060498
People are all over this shitcoin. This will pull a tronix 4 sure