[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 14 KB, 696x449, IMG_3417.jpg [View same] [iqdb] [saucenao] [google]
12571056 No.12571056 [Reply] [Original]

Holochain really really pisses me off. Do you realize what a piece of shit pajeet scam this is? Do you realize it completely sucked away all of Links hype and now were back in free fall? Do you realize this piece of TRASH slot machine is going to kill any chance at a bullmarket?

>> No.12571073
File: 142 KB, 750x750, 1548507934049.jpg [View same] [iqdb] [saucenao] [google]
12571073

>>12571056
Why not buy both? Now I can accumulate more link coins.

>> No.12571079
File: 2.48 MB, 3078x2445, hot-vs-tron3.png [View same] [iqdb] [saucenao] [google]
12571079

>>12571056

>> No.12571080

>>12571056
I have no idea what that holo is and don't even care to google it
How come biztards always obsess over the stupidest shit.

>> No.12571094

>>12571056
> piece of shit scam

Nigga they’re all scams

>> No.12571111
File: 127 KB, 601x508, wojak brainlet.png [View same] [iqdb] [saucenao] [google]
12571111

>>12571080
>How come biztards always obsess over the stupidest shit.

>> No.12571134

>>12571079
Completely different crypto climate. I don't see how this is relevant.

>> No.12571146

get your head out of your ass DFdWpAN8

The idea behind holochain is that the "Crowd is the cloud." People can purchase holoports or they can run the holochain app on their operating system to host distributed cloud applications for people. These hosts can set their fee for the hosting service and in return will forfit their extraneous processing and storage power. What makes Holoports so awesome is the fact they use as much electricity as a lightbulb and will come with a specialized OS based off of linux which will allow the host to customize bandwidth and application settings. Technically holofuel is a mutual credit currency with a dynamic supply. But the value is derived from how much the network is being used and how much the demand is. Yes there may be more holofuel added into the market, but this is essentially supposed to undercut AWS / other cloud services who charge a whole lot for hosting. We could be in for a very big surprise on the swap. Because there is no general consensus, consensus is application specific, and their biggest logical problem they are solving is the valuation of computation performance. I'd recommend reading their white papers to understand all the problems they are solving, including traditional blockchain limitations as well as transaction fees issues with micro/atomic transactions. This is my best explanation of the coin that I can give you.

>> No.12571150

>>12571134
we'll see soon

>> No.12572284

>>12571094
There is only one scam, Skycoin. It's just so much of a scam that it makes actual other scams not even scams.

>> No.12572353

>>12571146
No consensus means no security means no one using any of this shit. Wake me up when this isn’t just a fantasy idea and they actually figure out how to make what they want to happen a realistic possibility.

>> No.12572389

>>12572353
Global consensus is a meme. Wake up.

>> No.12572392

>>12572353
Bro there's no need for consensus you just need to believe

>> No.12572396

on the contrary

"Since

Holo’s

currency is not based on consensus as to what coins exist, but on individual
accountability for one’s transaction history, nobody ever needs to trust a consensus lottery. You can
always audit your counterpart’s chain to validate their state and know that they have the credits
they’re spending. You need trust nobody but yourself and your installation of the software. Therefore,
attacks on consensus are not vulnerabilities for

Holo

. This includes M
ajority (or 51%) Attacks, m
ost
Sybil Attacks, Attacker with High Com
puting Power, High Energy Consum
ption (for Proof-of-W
ork),
Selective Dropping of Transactions, etc."

https://files.holo.host/2018/03/Holo-Green-Paper.pdf

>> No.12572407

>>12571056

Should’ve bought HOT. Cope, linktard.

Look on the bright side: this gives you more time to accumulate. Linkies are eternally trying to accumulate. I think that’s actually the 10th circle of hell: forever accumulating LINK for a singularity that never comes.

>> No.12572424

>>12572392
>>12572353
>>12572389
dude trust me

>> No.12572432

>>12572353

Multiple types of conensus. You don’t need global consensus to run a fucking dapp.

>> No.12572453

Exactly cGZzQGr, and you know you can trust whatever app's consensus you are participating in by hosting based off of their mutual cloud host credit score.

>> No.12572456

>>12572389
The legacy banking system has always been the best approach and Holochain understands that

>> No.12572484

>>12572453
Do you not know how to (you)?

>> No.12572495

>>12571080
> how come biztards alwyas obsess over possible millions and never having to work a day again.

>> No.12572514

>>12572432
no but you need consensus to make sure a hacker didn't print 1 billion HOT tokens with his new exploit and is now selling it to all and everyone, since there's no consensus its all possible.

worst store of value ever.

>> No.12572570

>>12571080
>I have no idea what that holo is and don't even care to google it
Congratulations, this is lowest IQ post I've read in quite some time. If we have been obsessing over something for 9 MONTHS NOW maybe it's worth looking into you absolute mongoloid.

>> No.12572573

>>12572514
They'll be booted off the network in seconds.

>> No.12572581

>>12572573
you don't even know they printed 1 billion coins before they start selling.

>> No.12572588

>>12572581
They can't just "print" Holo fuel you fucking moron. It's not a token. It's not a coin. Wake up and get the fuck outta here.

>> No.12572615

>>12572514
Their solution is to have a special class of notaries that validate each transaction. Problem solved guys blockchain is dead

>> No.12572709

>>12571146
What is this level of newfag?

>> No.12572735

>>12572709
It's euphoric l*dditors catching on to our moon mission.

>> No.12572764

>>12572588
> they can't just print

HOT just reminds me of OMG.

>> No.12572792

>>12571056
Chainlink was always a shitcoin, now theres Verity already doing oracle service for dapps, what use does chainlink even have

>> No.12572934

>>12572396
>You can
always audit your counterpart’s chain to validate their state
Hahahahah. And how do you validate their counterparties? And their counterparties counterparties?

>> No.12573039

>>12572389
dumbfuck located

>> No.12573063

>>12572453
reddit jesus fuck
>>12572484
why would reddit know that anon?

>> No.12573180
File: 237 KB, 960x726, 1537719649854.jpg [View same] [iqdb] [saucenao] [google]
12573180

>>12573039
>dumbfuck located