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15707474

Just to let you guys know Anonymous Tue Sep 24 23:23:07 2019 No.15707474 [Reply] [Original]

> be crypto dev
> know some people
> there's an unannounced project in the bitcoin space
> it's still pretty early in development, but really promising
> new layer 2 for BTC
> if it works, it will allow non-financial smart contracts to be rooted to Bitcoin
> almost everything happens off-chain (scalability is automatically better than any blockchain)
> some links get attached to BTC chain, but proofs use merkle trees, so an unbounded number of events can be linked to a single BTC transaction
> working name is Bitcoin Token Network, though the devs are looking for a better name
> lead dev is in his early 20s, writing it in a really weird programming language he built
> devs 100% confident it will work for non-financial smart contracts, researching how to possibly extend it to financial ones
> if so, BTC's scaling problems are over
> non-financial stuff will scale infinitely out-of-the-box, will require no forks to BTC
> financial stuff will require forks
> if any of it works, it may move tons of development effort back to bitcoin
> all of it is at least a year away from a major announcement though, it's really early

Just to let you guys know

>>	Anonymous Tue Sep 24 23:24:23 2019 No.15707485 >>15707474 Unironically, how do I profit from this?

>>	Anonymous Tue Sep 24 23:26:17 2019 No.15707499 Just to let you know this already exists using the chainlink oracle network and goes under the name of mixicles, it's being adopted by big financial firms and banks over the next 2 quarters.

>>

Anonymous Tue Sep 24 23:27:32 2019 No.15707515

>>15707485
Invest in BTC I guess. Buy now if you think we're at the bottom, otherwise wait until the price drops to where you want to buy.

Being mostly for non-financial stuff, it's probably not going to be something you can make a ton of money off of unless you become a dev.

Listen to hear any hint of this project over the next year or two.

>>	Anonymous Tue Sep 24 23:28:12 2019 No.15707518 >>15707474 Wtf is a non financial smart contract I thought they were all financial?

>>	Anonymous Tue Sep 24 23:29:23 2019 No.15707531 >>15707474 Sounds like a shitty Nyzo knock off

>>	Anonymous Tue Sep 24 23:29:37 2019 No.15707533 >>15707474 Good protocols are developed in the open not hidden behind 'trust me' posts on a nofap forum

>>	Anonymous Tue Sep 24 23:31:51 2019 No.15707548 File: 120 KB, 768x1024, 1569322843751.jpg [View same] [iqdb] [saucenao] [google] >>15707474 >writing it in a really weird programming language he built

>>	Anonymous Tue Sep 24 23:33:58 2019 No.15707565 >>15707518 >I will pay you 10 DOGE if it's sunny in Oslo tomorrow. >Sign this contract y/n? How does it know the weather?

>>	Anonymous Tue Sep 24 23:35:34 2019 No.15707582 >>15707565 >I will pay Financial

>>	Anonymous Tue Sep 24 23:38:16 2019 No.15707603 >>15707582 ur mom is financial

>>	Anonymous Tue Sep 24 23:40:27 2019 No.15707628 >>15707474 link to project or GTFO

>>	Anonymous Tue Sep 24 23:44:53 2019 No.15707670 good luck lightning is pretty far along already in 1 year I wouldn't be surprised if you get BTFO before the release

>>

Anonymous Tue Sep 24 23:47:15 2019 No.15707691

>>15707628
No link yet.

I don't remember for sure which company it's affiliated with, but I heard something about Block26. Might be wrong about that though.

Block26 has a bunch of projects that haven't been officially announced yet. Tantra Labs is an example of one that's been under covers for >1 year, but just got announced. It's their cash cow right now, and is going to be funding a lot of other stuff. I've heard rumors about some big unannounced blockchain voting project from them.

>>	Anonymous Tue Sep 24 23:52:24 2019 No.15707745 >>15707691 why is it secret? don't they want the community to get excited and help develop it? is it not going to be open sourced?

>>

Anonymous Tue Sep 24 23:54:52 2019 No.15707761

>>15707745
I think they're waiting until they have something concrete to show, not just a whitepaper and a flashy website. It seems to me that a lot of people I know immediately associate people who pull that with being scammers. Can't say I blame them.

>>	Anonymous Wed Sep 25 00:00:40 2019 No.15707803 >>15707761 that's a good point I wish them well, hope it's legit are any current known developers on this team? someone who could vouch for the project

>>

Anonymous Wed Sep 25 00:07:17 2019 No.15707852

>>15707803
I'm awful with names, sorry.

I know the main dev is pretty unknown right now. He's apparently some self-taught dev with a background in hardware and heavy software optimization. He's like 20 or 21. Been programming in C since he was like 12 or something. Don't know much else about him.

No idea who else is on the team.

>>	Anonymous Wed Sep 25 00:17:59 2019 No.15707938 >>15707474 Helo, yes very good coins. Will scale indifinitely and pump. Helo sirs, i promis u get rich. Thanks u very much. Insider info, powerfull.

>>	Anonymous Wed Sep 25 00:20:59 2019 No.15707967 >>15707938 Like I said, it's primarily for non-financial purposes. You're not going to get rich off this.