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/biz/ - Business & Finance

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4924918 No.4924918 [Reply] [Original]

How come there's sooooooo many shitcoins? What's the point, are they 95% pnd scams or are there really all these people trying to be the next Satoshi?

https://coinmarketcap.com/all/views/all/

>> No.4925356

>FAAAAAAAAAAAAART

>> No.4925364

All data is stored in a aes-256 encrypted file and checked by sha-2 HMAC. A randomly generated 64-byte key will be provided when the mobile app is first launched. The key can be stored in either the Android Keystore or iOS Keychain. The safety of this key is guaranteed by Google and Apple.

Well boys sonocoin is hitting off.
Why havent you bought any yet?
>still on the ground floor for presale
>digital audio token file makes for fast transactions- (listen to an add on your computer- after the add ends, the sonocoin signal is distributed, get sonocoin directly deposited into your wallet app on mobile)
>The company has developed an algorithm that takes a transaction hash, a secret key and the index (which is defined as the number of outputs when the coin was formed) and converts it into a .wav file.
>This file can then be sent from one device to another (basically, so long as the devices have a microphone and a speaker that can emit, recognize and interpret sound, which pretty much all mobile devices do right now) and, on receipt, an application (which is already available for some devices) specifically designed to interpret these SonoCoin sound files will record and register the transaction.

https://youtu.be/oRzc1f4YlBM

https://youtu.be/KDRJnYjt6lA

http://cryptonewsmonitor.com/2017/12/07/heres-how-sonocoin-is-trying-to-use-sound-to-transfer-value/

https://m.investing.com/analysis/heres-a-look-at-sonocoin-and-where-it-fits-into-the-crypto-space-200214096

>> No.4925368

>>4925356
WABALABADUBDUB

>> No.4925384

everyone is trying to get rich. that's what this is all about.

>> No.4925418

The vast majority of them are either scams or people trying to get rich through actual blockchain projects. Some of them have very intelligent people working very hard on them to make them a reality though.