/biz/ - Business & Finance

>>12814877
Fuck off scammer. This going to zero. The sec will make sure of that in court.

>>12814877
dubs of destiny

>>12814890
Rubbish. They have the best tech in the market and will rise to a trillion market cap. They are now reorganizing and putting everything silently in order in the bear market that will end very soon. Binance is shady as f*.

Stop fucking post this shit /biz, Havent accumulated yet shitt

>>12816137
>best tech in the market

kek

>>12816309
OK, moron, YOU name the best tech in the market. Go on, fool.

>>12816333
NKN

>>12816368
Im all in on nkn a d even i know ela is pretty good

I can't believe it dropped so much

>>12816389
nice samefag pajeet

>>12816389
Why? Is it because whatever tech ELA has live and operational is basically NKN's?

>>12816333
>Too scammy for Binance.
>Only absolute brainlets thinks this has good tech.
>Being sued along with getting Huobi sued.

Not a worse buy in crypto.

>>12816368
>NKN
Can NKN do one million TPS or more?

>>12814877
pic rel8

>>12816444
>Too scammy for Binance.
https://www.youtube.com/watch?v=JSCAelH_iuk
>Only absolute brainlets thinks this has good tech.
Name one project with better tech and explain why
>Being sued along with getting Huobi sued.
What company does not get sued in America. Legit project more often than non-legit projects, as they have the money.

>>12816472
Can ELA do one million TPS or more? Or is it just something they claim they can do?

>>12816500
The technology is there and working. No crypto has yet done a live one million TPS outside test net, but will be done soon.

>>12814890
Lmfao fucking this. Thank god i never bought this "juggernaut" scam shit

>>12816444
>>12816498
Answer him FAGGOT

>>12816498
Yes, post Youtube content from an Elastos shill with a vendetta against Binance. Definitely no agenda there. Also there are plenty of top notch, non-scam projects avoiding lawsuits out there. Honoring their commitments and not unlocking early because their angel investor friends started bitching and moaning.

Itt bagholders

>>12816650
>Definitely no agenda there
Shill, vendetta, - you watch too much television. Are you disputing the facts in the video, idiot? The lawsuit against Elastos is something that will be common in the crypto scace as more and more butthurt investors will demand fiat style regulation and controlling decentralized cryptos as securities. Is this something you wish for?

>>12816712
Just keep deluding yourself that these problems aren't unique to Elastos alone. Not alot of major projects are getting taken to court outside of the most scammy. That is a fact. Elastos is also literally one of a handful of projects Binance has publically embarrassed, which hate it or love it is not going away. Saying your project will be able to handle 1 million TPS is alot different than actually doing it. If we're counting claims then there are many projects with better or equal "tech". ELA is unironically going to zero not $10,000.

>>12816781
Keep running away from my questions, fool.
>most scammy.
Even the lawsuit has no accusation of scam. Not even close. Again you are deluded
>projects Binance has publically embarrassed
The whole idea of paying to get listed on Binance is shady and corrupt. Combine that with what has been exposed lately and Binance's trust is deteriorating rapidly.
>able to handle 1 million TPS
Do you have any idea what kind of resources you need to test sustained over a long time 1 million TPS on a live net? It will come, soon, but to demand it now, when now competitors are even close, is ludicrous.
>ELA is unironically going to zero
Insane, or just stupid. Take your pick.

>>12816850

What am I running away from? You're just giving me the same old deluded bagholder speak. That video isn't as damning as Chico wants you to believe it is and if he was so concerned about integrity and all this other bullshit why hasn't he taken Elastos to task for stripping commit histories in their github repo?

>>12816958
You keep running away, but now with a new ID. Not scammy at all, right?

>>12816998

Posting from my phone on my commute to work brainlet.

In a universe full of shitcoins, this is one of the worst.

>>12817003
Oh,you got your home ID back then. Commute to work, work and then commute back home again within 30 minutes. Not bad, VPN fag. No wonder you have to run away from questions. No wonder you are too stupid to buy Elastos.

>>12814877
10k marketcap eoy

>>12817022
>In a universe full of shitcoins, this is one of the worst.
Name one coin with better technology.

This anon is right it is the best tech about. Most of it isn't even block chain tech. Peer to peer network with over 400k nodes (isn't that what nkn is? ), runtime environment for dapps which make current attack vectors obsolete, then the unforkable consensus with both dpos and pow merge mining with BTC. Tell me what project does all of this? Sure the team has been incompetent over the last year, as an early investor I have lost some serious confidence but I find it hard to belive that they started this project with malicious intentions. If they deliver their product, which is what they have truly been working on this whole time, it will be absolutely massive.

>>12817103
Hey Chico. How much is ejustos paying you?

>>12817103
I don't even have to go that far. NKN is doing a better approach with Proof of Relay and far better advisors. And unlike elolstos, they aren't blacklisted from Binance by CZ.

>>12817093
This is my phone you retard. No wonder you didn't sell your Elastos for good a few months ago.

>>12817310
Also a part of Elastos code was copied from Yanbo Li's DNA project. They didn't want anyone to see that so they stripped the commits!

>Binance bad they stole from Blocknet. Elastos is not bad. DNA is open source.

kek

>>12817232
Not Chico

>>12817310
When advisors are your main selling point, you know you have lost. Your claim regarding tech is a joke. see>>12817225

>>12817324
I asked about your red ID, you started to whine about your phone and on your way to work, now suddenly you have changed and this is your phone. No wonder you are so stupid that you don't buy Elastos. Keep running from the questions, fool.

>>12817502
At least NKN has that. What are Ejustos selling points? Theoretical tech that doesn't exist yet? A blockchain code lifted from the NKN founder himself?

>>12817225
None of those 400k nodes are consensus nodes, which is what NKN's PoR/MVCA is designed to do. Achieve consensus among millions or even billions of nodes. I'm not saying ELA is a bad project, but NKN is just miles more promising at the moment both tech and gains wise.

>>12817560
>Theoretical tech that doesn't exist yet? A blockchain code lifted from the NKN founder himself?
Ridiculous.

>>12817635
What's ridiculous? Elastos blockchain code is a DNA copy paste without proper credit. Thought that was common knowledge.

>>12817635
>Ridiculous
Mods should ban people for empty replies like this.

>>12817661
>Thought that was common knowledge.
Only among scammers.
>Mods should ban people for empty replies like this.
OK, I can change it: "Ridiculous. Documentation for your insane claims". Better?
What about your comment:
>Answer him FAGGOT
Mods should ban you for stupid and empty comments like that with zero substance.

>Thought that was common knowledge.
Only among scammers.
>Mods should ban people for empty replies like this.
OK, I can change it: "Ridiculous. Documentation for your insane claims". Better?
What about your comment:
>>12816576
>Answer him FAGGOT
Mods should ban you for stupid and empty comments like that with zero substance.

>>12817738
>Only among scammers.
You can check their respective githubs yourself (along with NKN, ONT and UUU) if you know anything about code. lf not, google it. You can easily piece what Elastos did together.

>>12817661
>Thought that was common knowledge.
Only among scammers.
>Mods should ban people for empty replies like this.
OK, I can change it: "Ridiculous. Documentation for your insane claims". Better?
What about your comment:
>>12816576
>Answer him FAGGOT
Mods should ban you for stupid and empty comments like that with zero substance.

>>12817765
>You can check their respective githubs yourself
Sorry, your claim is still crazy and you have still zero documentation outside if you knew blah.blah, then you would agree with me, and "google it". According to you, your crazy claim is common knowledge, to there should be ample documentation. Present your best.

>>12817815
You deserve to lose all your money if you're this lazy.

>>12817915
Sure, me wasting time finding documentation for your crazy claims is the hallmark of a person that is rich. Just as a guy believing "google it" is documentation, is the very hallmark of a rich person. No wonder a delusional person like yourself is not invested in Elastos. Good luck.

>>12817915
By the way, this is your third ID, what is your excuse this time, VPN faggot?

>>12817963

I'll bite. Read this NKN code review from Andre Cronje. I've taken a screen shot of the key part of the article. Note his comment about the commit history. Additionally, Andre was unaware that Yanbo Li was DNA's maintainer hence the edit at the start of article.

https://steemit.com/crypto/@andrecronje/cryptocurrency-code-review-nkn

"Hi, Andre, I am co-founder of NKN, Justin Wang. Some clarifications here.

To those who may have concern on the code history from ft-blockchain,

The ft-blockchain code in NKN repo is based on DNA which is an incentived forum demo code and is NOT core purpose of NKN project.
DNA complaints with APACHE license that by design permits anyone to reuse the code and create derivative products almost under any license, ranging from copyright to proprietary.
The founder of NKN Yanbo Li, is the only maintainer for DNA . He is also the 1st and major code contributors for DNA. https://github.com/DNAProject/DNA/graphs/contributors
The core code of NKN (nkn-core repo) is still under development and will open to public soon. NKN team want to guarantee the framework and main direction of nkn-core development."

>>12818158

Yanbo Li is dreamfly281. Additionally if you look at other blockchains that use DNA as their code base like Ontology and U Network, you will see Yanbo Li as one of the top contributors due to his work on DNA itself. Elastos stripped it for whatever reason.

>>12817502
Proof of Relay, jackass. Three words that obliterate elolstos.

Is the Elolstos bagholder hoping this thread disappears now?

>>12818158
>>12818182
The claim that was made was that "Elastos blockchain code is a DNA copy paste without proper credit", and that is an absolutely claim. Your source is good and accepted, but does not confirm the first absurd claim. The technology behind Elastos is best in crypto space, so criticism from competitors will then be on this level. Here is a quote from another article:

"The criticism is entirely overblown, however, according to the Elastos community. It may be true that Elastos’ code borrowed heavily from other people’s code at the beginning of the project, but as with Stellar and Ripple, Elastos is diverging from DNA more and more by the week.

Also, the core aspects of Elastos’ architecture are found nowhere else and is being written entirely in-house. It is therefore fair, at most, to say that Elastos should have been more clear about which snippets were taken elsewhere, and should perhaps not have stripped the history, but the vast majority of the project is original work."
Source: https://blockchainreporter.net/2018/09/14/elastos-team-under-fire-for-borrowing-code-with-no-attribution/

>>12818743
>Is the Elolstos bagholder hoping this thread disappears now?
No, why would that be. Are you on the rabid NKN bagholders? Maybe even one of the vile VPN guys to support their own crazy comments and claims?

>>12818742
You clearly don't fully understand Elastos if this is your argument. I'm not bashing NKN's proof of relay, but Elastos' peer to peer network that already has 400k nodes is doing what NKN is doing minus it being used for consensus. And that is only one of the 3 main components.

>>12818158
>>12818182
The claim that was made was that "Elastos blockchain code is a DNA copy paste without proper credit", and that is an absolutely crazy, unfounded and crazy claim. Your source is good and accepted, but does not confirm the first absurd claim. The technology behind Elastos is best in crypto space, so criticism from competitors will then be on this level. Here is a quote from another article:

"The criticism is entirely overblown, however, according to the Elastos community. It may be true that Elastos’ code borrowed heavily from other people’s code at the beginning of the project, but as with Stellar and Ripple, Elastos is diverging from DNA more and more by the week.

Also, the core aspects of Elastos’ architecture are found nowhere else and is being written entirely in-house. It is therefore fair, at most, to say that Elastos should have been more clear about which snippets were taken elsewhere, and should perhaps not have stripped the history, but the vast majority of the project is original work."
Source: https://blockchainreporter.net/2018/09/14/elastos-team-under-fire-for-borrowing-code-with-no-attribution/

>>12818158
>>12818182
The claim that was made was that "Elastos blockchain code is a DNA copy paste without proper credit", and that is an absolutely crazy, unfounded and false claim. Your source is good and accepted, but does not confirm the first absurd claim. The technology behind Elastos is best in crypto space, so criticism from competitors will then be on this level. Here is a quote from another article:

"The criticism is entirely overblown, however, according to the Elastos community. It may be true that Elastos’ code borrowed heavily from other people’s code at the beginning of the project, but as with Stellar and Ripple, Elastos is diverging from DNA more and more by the week.

Also, the core aspects of Elastos’ architecture are found nowhere else and is being written entirely in-house. It is therefore fair, at most, to say that Elastos should have been more clear about which snippets were taken elsewhere, and should perhaps not have stripped the history, but the vast majority of the project is original work."
Source: https://blockchainreporter.net/2018/09/14/elastos-team-under-fire-for-borrowing-code-with-no-attribution/

>>12819131
>BTC has 10k nodes
>ETH has a little less
Can you give me a verifiable source of these 400k nodes, Sandeep? Because I for sure know NKN has 6.5k, and the team only runs over 100.

>>12819131
>minus the consensus

Yeah that's kind of the whole point. Having loads of nodes that don't do anything isn't what NKN is aiming to do. Reaching instant consensus between millions or even billions of nodes is what blockchains couldn't have even dreamed of doing and what PoR/MVCA successfully allows NKN to do. NKN will beat ELAs node count and have all of those nodes actively participating in consensus for the blockchain, maki

>>12819283
Making nkn the first truly decentralised blockchain ever. There is no comparison between the two projects in this regard

>>12819175
http://peerjet.net/
>>12819283
Again I'm not saying bashing NKN I like what they are doing but saying the Elastos nodes do nothing is untrue. They are part of the distributed storage and the P2P file sharing component of Elastos, which really has nothing to do with blockchain or consensus, that is handled by the other piece of the puzzle.

>> 12814877

Im pretty glad I didnt fall for this one, almost did desu
A few months back I talked to the cto of an ico (not going to name) building on elastos and he said its a fucking nightmare. Obviously the ico doenst give a shit because theyre a scam as well and the product doesnt actually matter

Never invest in a chinese project long term, you should know this by now

>>12819283
I don't even know why NKN is being brought up in this thread as you said there is no comparison and they are aiming to do different things, it doesn't have to be one or the other. I was only replying to this >>12818742 jackass as he thinks that because NKN uses proof of realy that makes Elastos obsolete. How exactly? If that is the main argument then it's basically boiling down do what consensus method is best, which will be discussed until the end of the earth. In the end if both methods work for the project, be it POR or DPOS/POW then it doesn't really matter does it.

>>12819633
>Repeatedly asks biztards to name better tech than Elastos. Confused now when NKN is being brought up.

>>12819803
Maybe you can't read and only see colours but I am not OP and I didn't ask for better tech. Sure NKN has a killer consensus mechanism but it can't really be compared since Elastos does much more than it's consesus mechanism alone. If the main arguement for NKN having "better tech" is the better consensus mechanism (which will always be argued) then you aren't seeing the whole picture or you just don't know enough about Elastos.

And to everyone on this thread saying muh Binance won't list it must be a scam. There has been bad blood between them since the community vote and subsequent attempts to get them to pay their ridiculous listing fee. If Binance is really a metric you use to research a project you are in for a shock when Nash launches and takes the market share.

>>12819988
>you are in for a shock when Nash launches and takes the market share.

the state of ejustos bagholders

>>12820424
Okay you keep using Binance and anyone who's not brain dead will move over to Nex

>>12820527
nex is literally a piece of shit.

>>12819554
Oh right, shipped units inside a TV nobody buys.
Now give me actual nodes, Ranjeet.

>>12820796
Right the consensus nodes. Well the POW part is currently being mined by some pools with public mining open later this year so if you need a link https://blockexplorer.com/
The DPOS part is being voted in at the end of march I think, 36 active nodes and 72 standby nodes.