[ 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: 38 KB, 678x452, images - 2022-09-26T121822.574.jpg [View same] [iqdb] [saucenao] [google]
51633490 No.51633490 [Reply] [Original]

Which long-term blockchain projects should you invest in and how would you evaluate yourself as a developer?

>> No.51633912
File: 882 KB, 1440x2464, 2022_09_21_02.11.19.jpg [View same] [iqdb] [saucenao] [google]
51633912

>long-term
>investment
>pick one

>> No.51633994

the longest term alt today is ethereum, but alts aren't long term. if you care about the long term, your only non-active investment is bitcoin.

for developing on-chain financialized utilities and gimmicks, your only option is ethereum/evm. everything else has failed, and is currently being replaced by the next batch of hot alts though the next bull market. there's probably more money to be made cloning ethereum/evm projects and deploying them on these hot chains than building anything new, but that's just a short-term strategy. they'll all fail eventually.

>> No.51634046

>>51633994
Why eth?

>> No.51634195

>>51634046
because it's arguably the only blockchain outside of bitcoin that's actually found widespread product market fit.

>> No.51634426

>>51634195
What about polkadot?

>> No.51634550

>>51634426
Solution looking for a problem
The only worthwhile projects right now are EVM and Chainlink

>> No.51634609

>>51634426
there's no evidence that multi-chain is ever happening

>> No.51634615

If you are interested in investing in actual utility as a dev, there's only ethereum and chainlink, and maybe some of the layers 2 but they don't have real tokenomics
Anyone shilling you anything else is bullshitting you

>> No.51634822

>>51634550
chainlink
hahahha

>> No.51634848

>>51634615
chainlink might be useful for some contracts, but you don't want to get locked into it, especially with its terminal tokenomics.

>> No.51635436

>>51634848
howww

>> No.51635504

>>51634609
as in?

>> No.51635926

>>51634609
You're just rushing

>> No.51635993

>>51633490
Algorand's AVM model vastly outclasses the EVM. It's not even a contest, so I would spend my time learning that since it'll be in demand in 3 years time. If you want to hedge then learn a language that cross-compiles into the EVM (there are a lot of frameworks that claim to do that) and learn how to read basic Solidity. But the idea that we'll have serious financial applications running on such a shit language like Solidity, with its outdated design patterns is laughable.

>> No.51636048

>>51633490
What impact have blockchain projects had on your life? Leave, you loser

>> No.51636060

>>51634609
Developments take time newafag, and there are others that have multichain functionalities if you look around.

>> No.51636077

>>51634609
I think I'm in agreement with you. It should have been something like hybrid chain

>> No.51636113
File: 8 KB, 250x246, 1655721048685s.jpg [View same] [iqdb] [saucenao] [google]
51636113

>>51636060
Ethereum, sol, yes. I'm not seeing any beyond these. But sure there are others that encourage adoption by enabling public and private to build within their ecosystem

>> No.51636147

>>51636048
You make transactions today because of blockchains desu. Where tf did you come from?

>> No.51636238

>>51635504
multi-chain is just a cope, because it lets people believe in a world where their altcoin with no traction is somehow going to play a part in the future.

in reality nobody is going to bridge over to a dustbowl blockchain multi-chain world or not, but it makes them feel better about their failed alts.

>> No.51636290

>>51636077
whatever it's called, there are very few examples of scenarios where the winner doesn't take the vast majority, or 2-4 winners don't lock the market out almost entirely.

its even worse in the digital world because people already have everything accessible over the internet. trying to tell them they need to use some extra middleman or extra token just to interact with something else isn't going to fly.
and attempts at abstracting that into yet another later just makes that layer into its own blockchain as far as consumers are concerned, and we've already seen how impossible it is for any new chain to gain traction from the clutches of btc/eth.

>> No.51636297

>>51636077
Multi means it has the features of public, private and hybrid. It's not rocket science.

>> No.51636315
File: 7 KB, 250x243, 1658714561063656s.jpg [View same] [iqdb] [saucenao] [google]
51636315

>>51636147
You're a newfag. What exactly do you object to about their complicated transaction process and bad usability? What have they done about the problem of data leaks recently?

>> No.51636351

>>51636113
You need to leave your bed and research harder. Quite sure you haven't heard of Geeq you lazy arse nigga

>> No.51636355
File: 5 KB, 229x250, 1662434136065392s.jpg [View same] [iqdb] [saucenao] [google]
51636355

>>51636290
For a busy dude that is too long to read aloud. The majority of low caps won't survive the bears take it or leave it

>> No.51636385

here's your alpha portfolio:

>BTC, 25%
>ETH, 55%
>LINK, 15%
>XMR, 5%

>> No.51636411

>>51636351
Sure I've heard of it. Although they have a BFT of roughly 99%, do you believe this will make a difference in this situation?

>> No.51636416

>>51636355
who cares about low caps?

>> No.51636480

>>51636315
Jeet. You obviously need an education on security. Go get it yourself. Not my job.

>> No.51636646

>>51633490
you are a brown retard pajeet.
there are no "blockchain programmer" jobs, there only a few briefly around the ATH in 2022 for programmer scapegoats for a new crypto scam.

>> No.51636723

>>51636411
That percentage is quite high. If they pull it off, it'd be almost impossible to hack, but I don't believe it.

>> No.51636822

>>51636416
Low caps are what make you the profits in the bull, aren't they? Btc and eth are for rich fags. Even whales look for new ones to invest in.

>> No.51636881

>>51636416
The one's with working products will definitely earn profit pretty soon.

>> No.51636892

>>51636355
It is without doubt that some won't, but does that stop the market from having a new ATH? No. Be wise and smart to build around solid project building and innovating especially in time like this.

>> No.51636906

>>51636822
I think blockchain projects would always be the projects that would do massive pumps. I have eyes on a couple of good blockchain projects

>> No.51636914
File: 4 KB, 250x178, 1660370464258957s.jpg [View same] [iqdb] [saucenao] [google]
51636914

>>51636480
Yes, security is crucial. However, at the time, protecting my assets is my top priority, which is one of the reasons I favor the privacy protocol.

>> No.51636924

Cardano

>> No.51636927

>>51636881
working products and a solid dev team coupled with an active community. that's the combo

>> No.51636948

>>51636723
Let's wait and see what happens. Its adaptability and scalability are my favorites.

>> No.51636962

>>51636906
Whatever you say anon. I'm keeping my options open and my expectations low.

>> No.51637027

>>51636914
I would likely go for hybrid protocols whenever I have my way. they combine the best of both worlds. a good example is the Geeq chain

>> No.51637076
File: 15 KB, 325x155, download.jpg [View same] [iqdb] [saucenao] [google]
51637076

>>51636948
A lot of you niggers come on here to pretend like you give a fuck about a project's products. Well, I tell myself the truth, I'm here for the money, and I'm gonna make loads of it with my prospects

>> No.51637270

>>51633490
ETH is a well known favorite. Then there's FTM. Also GEEQ is pretty good and has crazy potentials. I think I would do a pretty good job as a dev

>> No.51637296

>>51636822
not really. new alts make you money, old alts always stumble.
anything under 100m isn't worth the time. nobody wants to own any significant percentage of the supply of these illiquid coins.

>> No.51637298

>>51636048
of course you wouldn't know because you live under a fucking rock. but micropayments solutions are almost here, and decentralized payments at a low cost is now achievable

>> No.51637309

>>51637076
Old pajeet becareful, most projects are still subject to IL though.

>> No.51637317

>>51636962
It's the way to go. It's also the way of losers. Why don't you take the bulls by the horn and degen into a single project with potentials of explosive profits

>> No.51637339

>>51637296
I have eyes on low cap blockchains. I'm talking about 3-4m market cap. Solid features too. I'd take that any day

>> No.51637367

>>51637027
My research has led me to realize how they assist and strengthen security. Prior to this, I believed they were only good on paper.

>> No.51637458 [DELETED] 
File: 364 KB, 506x501, 1657916120021.png [View same] [iqdb] [saucenao] [google]
51637458

>>51633490
Im a SW engineer, i worked in two different blockchain based project as a developer, and in one as an expert advisor.
Being that said, i have zero money in blockchain and will not put any into them for 5 years minimum. The current situation in the market in my opinion is the result of the massive free money dumping of the last decade, it will pop similarly to the dot com bubble. Hopefully the coming recessions kills most of the market and then, you can pick the survivors at still somewhat low price. (Even then i will probably not buy coins, just invest into infrastructure as always.)

>> No.51637497

>>51637367
Judging from the look of things, they are equal to the task. Whatever is said on paper can be actualize, especially the mainnet.

>> No.51637508
File: 364 KB, 506x501, 1657916120021.png [View same] [iqdb] [saucenao] [google]
51637508

>>51633490
Yes pick a single project in a super supersaturated and bubbled up market, right before the recessions hits! Nothing bad can come from this im sure.

>> No.51637530

>>51637027
What do you mean they combine the best of both worlds, fag?

Are they in to providing real life application for data or probably some sort of shit.

>> No.51637564

Fuck DLT nigga learn how to do Neural Nets and shit. They're fucking generating art from nothing, pretty soon anybody who didn't buy into the "learn to code" meme is going to be broke and dying on the street.

>> No.51638707

>>51636113
>Ethereum
Ethereum is yes for me too, then I'd go with Elrond, i believe in it full heartedly, it has lesser fees and accommodates a lot of projects on its ecosystem, including holoride that plans to use VR headset for in-car entertainment.

>> No.51639076

>>51637530
Wtf is data product

>> No.51641152

>>51639076
kek

>> No.51641211
File: 5 KB, 211x239, inbound5610815048768179314.jpg [View same] [iqdb] [saucenao] [google]
51641211

>>51639076
Is this a question? Although I don't believe you are interested in businesses but, if you are, you can conduct some research on the data and the level of confidence it will have for each organization if it's well taken care.

>> No.51641504

>>51633490
ICP blows everything else out of the water developer-experience-wise. It's easier to dev on ICP than on Web2.

>> No.51641530

>>51641504
https://internetcomputer.org/

>> No.51641668

>>51641211
Well, there are few projects in the space that have innovative applications spanning from DeFi to real life. I'm curious how this will play out differently from the existing one.

>> No.51641876

>>51641211
>>51641504
>>51641668
everything seems to be failing no more hopes kek

>> No.51642561

>>51641876
Don't conclude. There is still hope and the space has position itself as an opportunity of a life time. Just be patient.

>> No.51642709

>>51641876
I believe you're basically basing your decisions on the token's price, which will get you into trouble because you're considering the short term. Try the product out for yourself to see anon.

>> No.51643353

>>51642709
The recent condition is a major barrier to every project. This has halted many projects from launching their product. Most folks are in it for the long term.

>> No.51643411

>>51642709
>>51643353
when moon?>

>> No.51644379

>>51643353
Choose a long-lasting product. The blockchain projects that have the resources and expertise to create their protocol are more likely to succeed imo.

>> No.51644662

>>51633994
I am sure everyone will fucking go with Ethereum any day, anytime but I still go out for other blockchain that are favorable to devs. The metahack from ORE and Redfox will allow a developer to earn for his outstanding idea

>> No.51644783

>>51634609
You arent looking well enough anon, there are projects with multichains functionalities already, working towards a smooth multichains experience.

>> No.51644843

>>51636147
OP is a confused retard, dont sweat it.

>> No.51644893

>>51633490
>invest in the tech
That's one of the biggest mistakes of investing. You're only here to make money.

>> No.51645353

>>51636355
Might be true but there are few ones with very solid utilities and working products with quite a reasonable adoption rate. Dyor on Ore protocol and thank me later.

>> No.51645401
File: 23 KB, 548x559, images - 2022-05-30T033255.063.jpg [View same] [iqdb] [saucenao] [google]
51645401

>>51644379
You should also think about the network's security and your own profit. If following that doesn't benefit you, you don't have to and find another one.

>> No.51645635

>>51636480
Security is quite underestimated in the cryptospace giving rise to wallet hacks and exploits but I guess with on-chain privacy this can be a thing of the past as anonymity in transaction is the best form of security.

>> No.51645891

>>51636906
I have my eyes on a particular niche. Identity and Asset management is fast becoming a hot topic amongst crypto holders.

>> No.51645978

>>51636927
Are you talking about railgun, the recently deployed mobile version of its private wallet is based.

>> No.51646229

>>51643411
Don't think that will come soon. Maybe in the next 3 years. Just do the needful according to your description.

>> No.51646323

>>51644379
not just that alone. There are other factors to consider in this case. Emphasizing the product alone does not guarantee that it will.