[ 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: 43 KB, 1600x1600, 85845789467.png [View same] [iqdb] [saucenao] [google]
14746543 No.14746543 [Reply] [Original]

when this exists
the absolute state of fucking retards

>> No.14746620
File: 544 KB, 772x693, x5gz5quth8r21.png [View same] [iqdb] [saucenao] [google]
14746620

>>14746543
They simply don't understand yet.

>> No.14746639
File: 43 KB, 661x329, Untitled.png [View same] [iqdb] [saucenao] [google]
14746639

>>14746620
They really think this is just another run of the mill "eth killer"

>> No.14746645

But sir i want money you promise me money but i lose all my money sir. Patel told me this is good coin so i put all my savings into it 2 hours ago and now i lose all my savings sir. Pls help sir

>> No.14746649

>>14746543
whats the use case
hardmode: no muh smart cities because conje himself debunked it in may

>> No.14746678
File: 596 KB, 1440x3040, Screenshot_20190711-072154_Telegram.jpg [View same] [iqdb] [saucenao] [google]
14746678

>>14746639
But what they fail to realize...

Last week, we finished reviewing #Fantom, and it’s got to be one of the best consensus mechanisms we’ve seen in the entire industry. We hope it gets the level of adoption such a high-quality project deserves.

#FTM #crypto #cryptocurrency
https://twitter.com/WeissRatings/status/1149255790299099136?s=19

>> No.14746730

>>14746649
He simply said that it isn't limited to smart cities. There's a smart Dubai announcement in the next week.

The use case is scalable distributed computing and industrial level scaling of smart contract applications in whichever area you want to use them

>> No.14746784

>>14746730
so its cloud computing on a DAG?

>> No.14746792

I own 300,000 of these things but i don't know what they do. Educate me anon

>> No.14746823

>>14746792
It's easily the most complicated whitepaper I've ever tried to read. I just like the branding lol.

>> No.14746843

>>14746678
Is that Fantom will change the way we think about the whole blockchain space.

Blockchains like ethereum, will plug into fantom's consensus as a base layer scalability solution, people will transact native BTC over fantom in 0.7s.

The internet of blockchains will be born with fantom.

>> No.14746861

>>14746784
With consensus ordering. Which Iota and other DAGs dont have. So you retain the distributed ledger properties of blockchains

>> No.14746876

>>14746861
thats the aBFT that conje is studying right?

>> No.14746903

>>14746876
Yes, Andre had done lots of research on aBFT prior to joining Fantom. He found that what fantom was working on greatly complemented his own work and decided to dump his and his team's research effort into fantom.

>> No.14746926

>>14746903
thats actually really cool, i didnt know about him studying it prior to fantom. thanks anon.

>> No.14747000

>>14746543
How many to make it?

>> No.14747040

>>14746649
>whats the use case of smart contracts with real scaling and 0.7 sec finality

>>14747000
100k with iron hands

>> No.14747094

>>14747040
Very good sir. I already put 100 thousand rupees into it we are buying moon rickshaws with Patel soon enough. Thank you sirs.

>> No.14747097

The token is useless Anon.
Andre doesn't even have any cause he knows it's useless.

fantom will be done on private implementations for businesses. the token is useless.

also Andre doesn't work with them anymore

>> No.14747113

>>14747097
he literally just updated their github what are you talking about

>> No.14747120

>>14747097
yes, sell now

>> No.14747130

>>14746543
>>14746620
>>14746639
>muh the next ETH
>muh TPS
>muh consensus as a service

what you faggots forget to think about is the very real possibility that no one fucking cares about blockchain use-cases. all we see is fake partnerships and zero real-world adoption even 6 years after ETH started. 6 YEARS. this fact was masked while we inly had slow blockchains but now with ONE, FTM and the like it becomes painfully obvious that it's not the tech that impedes adoption. it's simply that most normies in executive positions have no fucking use for the technology or think it's an outright scam. NPCs will still defend blockchain lmao.

>> No.14747164

>>14747097
citation needed. when did he resign? i saw him write code in github just a week ago or so

>> No.14747258

>>14747130
Your opinion will be changed by end of year possibly by the end of this month.

If you don't understand the enormous cost reduction potential of smart contracts by automating redundant administrative processes, cutting out middlemen and removing the need for trust between many entities relying on common datasets, then I don't know what to tell you.

What stopped ethereum from being widely adopted isn't the lack of usefulness of blockchain or.smart contracts, it's its lack of scalability. Crypto kitties killed eth.

>>14747097
Some implementations will be private, many more will be public. The point of these systems is allowing multiple parties to interact with data, transact and automate business processes without the need to trust that each party is being honest. This massive benefit is achieve with public implementation. If you go for a private implementation, in most cases you might as well go for a server database and centralized software solution.

>> No.14747268

>>14746639
It is. There are literally 50 others just like it. Sorry but this is not a new paradigm. If people really cared about muh tps one of the other fast platforms would have taken over and yet they are all down 90% and still bleeding. Look at any other "ETH killer" (it will take you a while cuz there are so many) the charts all look the same.

>> No.14747277

>>14747164
Andre update fantom Github yeaterday and answered question in Fantom telegram 2 or 3 days ago. Proceed to ignore the retarded fudder

>> No.14747294

>>14747258
how many link to make it considering absolute black hole hands

>> No.14747305

>>14747268
What's left is waiting and seeing. There are many quicker than eth but none that manage to achieve that scalability while maintaining the level of security provided by aBFT and the level of decentralization which fantom will achieve.

>> No.14747315

>>14746792
>>14746823
This exchange right here says it all. There is no use for this. It's a research project funded by late adopters desperate to find the next ethereum.

>> No.14747351

>>14747315
> t. Too dumb to understand

>> No.14747396

>>14747130
You're close. Companies are already using blockchain pretty heavily. They just don't use these stupid public chains that require you to buy tokens on binance to use it. They all use BaaS (hyperledger, corda, and ethereum) hosted on AWS, Azure, and Google Cloud. No big business will ever use fantom or any of these other public shitcoin dispensers.

>> No.14747411
File: 94 KB, 1024x512, IMG_20190712_142732_516.jpg [View same] [iqdb] [saucenao] [google]
14747411

>>14747097

>> No.14747440

>>14747258
Now you're making stuff up. Noone said many more will be used.

Simply a research project

>> No.14747453

>>14747396
Place your bets.

Michael Kong:
Related to smart cities and the government

Michael Chen:
Aiya you aint scared of NDA’s son.

Crypto Senpai1:
I know you cant elaborate now on dubai partnerships, but can you say if the journey was a success or not

Andre Cronje:
Incredibly

>> No.14747457

>>14747268
you simply don't understand this project
this is the new paradigm
i know it's sounds like hardcore pajeeting but it's true

>> No.14747491

>>14747440
Yes, actually, Andre said that many mainnets will be deployed that need FTM for validator nodes and pay for transactions. DYOR

>> No.14747499

>>14747396
>no business will ever use the public internet
you in 1995

>> No.14747525

>>14747294
If you have black hole hands presumably you will literally never sell so no amount of LINK will ever allow you to make it since you need to sell at least 1 LINK to make it. Buying a house with LINK also counts as selling.

>> No.14747666

>>14747457
This is what happens when you skimp on your shill budget. Low quality Indians.

>> No.14747686

>>14746649
Smart cities

>> No.14747703

buy at your own risk

I already told you anons token is useless

>> No.14747734

>>14747703
How is it more useless than with any other smart contract blockchain retard.

It's used to secure the network and pay for transaction fees

>> No.14748022
File: 373 KB, 800x600, vidtverifywitheye.jpg [View same] [iqdb] [saucenao] [google]
14748022

>>14747703
Found the "token not needed" faggot, this time in a Fantom thread.

>> No.14748098

>>14747703
why would andre criticize useless tokens if the token he's working on wouldn't have any usecases? weak fud

>> No.14748122

>>14748098
Because he's being paid a ton of money?

>> No.14748146

>>14748122
did you watch any of his interviews? that guy isn't in for the money

>> No.14748171

>>14748122
It is now literally the 3rd time I explain to you that the token is needed to reward validator nodes and stakers securing the network and to pay for gas.