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/biz/ - Business & Finance


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9473869 No.9473869 [Reply] [Original]

Okay. As most of /biz/ knows by now me and Uncle Chang were at Consensus (and other IRL ARK stuff but most of you will only care about Consensus), so we got to step outside the /biz/ LARPing circle these last few weeks and see what actually goes on in the cryptosphere instead of just what larpers on biz think goes on.

So, Q&A thread.

First off, some things:
- This isn't exclusively an ARK thread.
- I didn't visit any of the presentations, they weren't interesting and they were streamed and recorded anyway.
- I spoke to a ton of lawyers, bankers, as well as C-level execs and people who were directly involved with various projects (ICON, Decred, obviously ARK, PIVX, some upcoming projects and a few others)
- Exchanges are scummy as fuck holy shit.
- I am almost absolutely certain we are going to see another market wide bull run by the end of this year based on what I saw in person.
- Expected attendance was 4,000. 9,000 showed up.
- Boomers. Boomers everywhere.
- /biz/ is literally all LARPs. Nothing that goes on here affects anything actually going on in crypto. We didn't meet a single /biz/raeli, except for *maybe* a voter of ours that now works for ICON since he knew about my discord and was in it (though he could have come in from Reddit or something, didn't ask).
- The people in suits were all boomers or scammers. Actual crypto influencers wore normal clothing.
- Apparently there was a burlesque midget shitting after party hosted by one of the coins? These guys party like fucking mad, but I can't say I'm terribly surprised. I didn't visit any after parties myself, had no time.

Alright, fire away. Will only be answering serious legitimate questions. If you're going to ask if x or y was there, I'm not answering because you can fucking read the consensus schedule to know that.

>> No.9473874
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9473874

first post

>> No.9473888

What did you see that makes you almost certain we will have a bull run this year?

>> No.9473889

bull or bear short term?

>> No.9473890

>>9473869
What gives you the impression there will be another bull run?

>> No.9473895

>didnt visit any after parties myself, had no time

fucking lmao

>> No.9473902

Are smart contracts really taken seriously or can we stop wasting our time?

>> No.9473903
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9473903

I'm just a yung linky who wants hot chocolate by the fire. Will Smart Contracts, Oracles, and ChainLink become the buzzwords of 2018. EOY 1000 amirite

>> No.9473904

Sounds like every affiliate convention. What kind of freebies were available to attendees? Were the free items at booths greater in value than the price of a ticket?

>> No.9473911

>>9473895
WHAT A LOSER

>> No.9473913

Will the deluded Arkies finally have a reason to live?

>> No.9473923

>>9473869
going to need a lot more information on that midget party.

>> No.9473924
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9473924

>>9473874

>> No.9473939

How many cute girls work for crypto?

>> No.9473945

>>9473869
what does FX smell like?

>> No.9473953

>exchanges are scammy
how so?
>biz does not affect crypto
well now that this is confirmed i could ask you about these coins: arcblock, poa network, qash, swftcoin, airswap. primarly trading coins what are your thoughts on them?

also do you see all current crypto companies and projects being replaced with better more reputable companies in the future?

>> No.9473971

>>9473895
>>9473911
Day 1 there were no good ones.
Day 2 gf was ill and she had a flight and I wasn't gonna see her off cause I was at Consensus today so didn't wanna be rude. Almost considered ditching her but there's always next year.
Day 3 we couldn't leave until after the boat party started cause we had equipment to bring home.

>>9473888
>>9473889
>>9473890
Bull by the end of the year at least. Accumulate now. Boomers galore, these dumbfucks are literally tripping over themselves to throw money at shit they admitted they knew nothing about. I witnessed multiple bankers and old fucks talking about wanting to invest millions upon millions into random shitcoins that they had no idea how they worked. They eat up these stupid buzzwords like no tomorrow without doing any technical research. It's fucking INSANE. The connections these coins made with random boomers will be in play within a few weeks. Right now they're gonna go home and unwind, then they'll start talking. There is no one specific coin, this was valid across the board with nerds and boomers meeting up and exchanging info and talking everywhere. They're basically getting free money guaranteed.

>>9473939
There were a LOT of booth babes; they all knew basically nothing.

>>9473902
"Interoperability" is the new buzzword, it's what everyone was talking about. Nobody has a technically feasible way to accomplish it, because the problem hasn't been solved. Everybody is using either listener nodes (centralized and trusted but can be two-way) or token creation/destruction (generally one-way, limited to smart contract systems, and decentralized/trustless).

>>9473945
He smells fine.

>>9473953
>how so?
I found out how much exchanges are asking for listings. It's in the several millions. Coins send "negotiators" to these conferences, brown nose a fuck ton, exchange politics and then hope for the best. Bittrex is the only one that doesn't take bribes (though politics are still in play with them).

>> No.9473972
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9473972

>>9473953
>>exchanges are scammy
Please, answer this. What makes you say exchanges are scammy.

>> No.9473982

>>9473869
>Apparently there was a burlesque midget shitting after party hosted by one of the coins?

I require far more info than you have provided on this topic, you see. I would like to purchase 100k of this coin.

>> No.9473989
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9473989

>>9473869

>- Exchanges are scummy as fuck holy shit.

what do you mean by this? should we be worried if we leave some funds on the exchanges if we actively trade with them?

>> No.9473991

>>9473972
Biggest open secret in the biz. Exchanges charge money for coin listings.

>> No.9474009
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9474009

>>9473971
>Bull by the end of the year at least. Accumulate now. Boomers galore, these dumbfucks are literally tripping over themselves to throw money at shit they admitted they knew nothing about. I witnessed multiple bankers and old fucks talking about wanting to invest millions upon millions into random shitcoins that they had no idea how they worked. They eat up these stupid buzzwords like no tomorrow without doing any technical research. It's fucking INSANE. The connections these coins made with random boomers will be in play within a few weeks. Right now they're gonna go home and unwind, then they'll start talking. There is no one specific coin, this was valid across the board with nerds and boomers meeting up and exchanging info and talking everywhere. They're basically getting free money guaranteed.

so can you assume a portfolio with these coins are all the rage with boomers

>> No.9474026

>>9473869
What coins would you recommend to get after being there? Are BTC and ETH safe picks or have people lost interest in those for newer coins?

>> No.9474031

>>9473953
>do you see all current crypto companies and projects being replaced with better more reputable companies in the future?

If this boomer shit continues there's no need because these idiots will invest in anything with the word "blockchain" in it.

>>9473972
>>9473989
I meant scummy* not scammy, they're not actually scamming people, just exploiting the fuck out of desperate ICOs looking to get listed. A lot of these coins list on a small exchange and wash trade their way up to get their "entry fee" into exchanges down. There's a TON of brown nosing, back and forth, and wash trading done by these small cap coins before they make it to the big leagues. You have to play dirty, it's required to get anywhere.

Binance apparently asked some coin for a $200,000 yearly fee in ADDITION to an up front listing fee.

>>9474009
I would unironically split my investment proportionally across every shitcoin at the convention, ignore the ones that weren't there, then split based on how big their booths were as a rough estimate of how much networking they got done and how many boomers they attracted. Some exceptions for the bigger sponsors because they paid to have their name plastered all over the fucking walls all 3 days.

>> No.9474032

>>9473971
Whats your place in the crypto world and why did you go to consensus?

>> No.9474047

>>9473902
>>9473971
link marines: thrusters on

>> No.9474055

>>9474026
See >>9474031

BTC and ETH have cemented their spots and aren't going anywhere, people were talking about both non stop even though they weren't there.

>>9474032
I run the largest ARK delegate (with Uncle Chang) and I've been doing a lot of stuff for the ARK team (we've covered a lot of IRL ground the last few weeks with a hackathon and our NYC meetup), so they invited us to attend with them.

>> No.9474061

>>9473869
Was there anything there on Req? Really curious. TY!

>> No.9474071

>>9473869
Link to your discord?

>> No.9474076

>>9474031
was cobinhood at consensus? have you heard anything from them and whats going on

>> No.9474080

>>9474031
>Some exceptions for the bigger sponsors because they paid to have their name plastered all over the fucking walls all 3 days.
So, who were the major sponsors?? And which displays did the boomers seem to like the best?

>> No.9474083

>>9473869
Excellent streams dude. I mean, nothing particularly interesting, but it's great to get biz eyes in events.

>> No.9474087

>>9474009
where is link

>> No.9474099

Sergay walked past me. I had to do a double take on his ID badge but couldn't take a pic with him for the memes because I was busy at the Ark booth.

With that said, Moon's right about /biz/ being a bubble with little real world influence. Literally nobody mentioned oracles, getting offchain data in, or chainlink. The biggest meme was interoperability.

>> No.9474104

loyal biz voter here. you mentioned you had some insider ark news (new exchanges?) direct from mike. can you elaborate on that?

and what would you say was the boomer reaction to ark?

>> No.9474112

>If this boomer shit continues there's no need because these idiots will invest in anything with the word "blockchain" in it.
well since Ark was plastered all over this event, do you see a lot of these boomers getting into Ark? or was something else more buzzworthy at the event?

>> No.9474115

Did you see Skycoin there? Any big buzz about them?

>> No.9474122

>>9473971
kek you're pathetic or autistic and clearly not a serious voice in the cryptosphere if you seriously didn't attend any of the parties where more serious business occurred than everywhere else at consensus.

Day 1 you Emrata was a host for a big money bitcoin party. you missed that, than you're pathetic.

day 1 2 and 3 if you didn't have a cryptohou.se bracelet for actually interesting speakers, (Charles Rothschild fucking presented) and not just speakers but big money mix with actual crypto pioneers. Lol they even gave Chuck a minute to speak. Stupid chink lee was least interesting.
day 2 oak crypto party, the box had big influence last night too. ripple event sucked, catch was decent, hospitality groups have sucked at catering musical guests to crypto, busta rhymes lil wayne and fetty wapp. lol like really? potential rev generation here.

you probably just missed the crypto cruise party just now. I'm in a cab laughing my ass off to another private party

moonboy whoever you are, you clearly have no knowledge of the space and wasted $3k on a ticket. neck yourself. Consensus day 1 was the only time worth going, every other day just lost steam.

Hijacked for now, AMA about the last few days. will respond to all if not closed in a few hours. might even drop hint of tomorrow events worth attending and even give a name to drop.

>> No.9474123

>>9474099
so what you're saying is we are incredibly early to the conception of the idea? even tho LINK is constantly shilled in this echo chamber?

>> No.9474142

>>9474122
when are we getting old money in? plain and simple? or are we all fucked

>> No.9474145

>>9474122
How much free shit did attendees get?

>> No.9474147
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9474147

>>9474031
How did Stakey's booth do?

>> No.9474157

>>9474122
>Charles Rothschild
Really? Did you attend the event or is there a source for that? sounds huge

>> No.9474158

>>9473971
>Bittrex is the only one that doesn't take bribes
Lmao was not expecting that

>> No.9474162

>>9474122
How did SONM do

>> No.9474165

>>9474122
you sound like a loser trying to validate his life

>> No.9474166

so when does ark moon? I invested all my money inside and my wife gives birth in a month

>> No.9474167

>>9474145
vechain gave out a planner with a pen lol. ledger gave out ledgers for a while on day 2

>> No.9474170

>>9473869
If you had to narrow it down to three coins what are you most interested in walking away from consensus?

>> No.9474176

Interoperability being a big thing makes sense which is why I've been stocking up on my AION x ICX bags despite them being somewhat stagnant compared to other currencies.

Not sure if you're larping or not, but I also think we'll see another bull run from Nov to 2019 Q1 onwards. Things are moving fast. Biz is an echochamber that is overly sceptical in regards to the future; plebbit is overly optimistic.

This bullrun will not 50x us like the previous one, but we can expect some steady 7-10x gains imho.

Were boomers interested in the security/privacy aspect of blockchain?

>> No.9474178

>>9474157
https://www.cryptohou.se/speakers

what you all missed.

>> No.9474181

Playing off my last question, if smart contracts were not getting any attention, and thus meaning Chainlink has no one's curiosity, what would be a sensible alternative investment?

We're talking tens of thousands of $

>> No.9474193

>>9474162
too russian. had some fancy coffee with smoke coming out of it and a lemonade stand lol

>> No.9474205

>>9474193
Was the lemonade any good

>> No.9474222

>>9474061
REQ had zero presence at Consensus.

>>9474071
If you're a biz_classic voter there is a link to it in your dashboard; it's a voter discord not a generic /biz/ one.

>>9474076
They were but I didn't interact with them too much. No major buzz from them or about them as far as I could tell.

>>9474080
>>9474112
https://www.coindesk.com/events/consensus-2018/sponsors/

SONM had a HUUUUUUUGE beautiful booth (something like 16x the other booths, and they had a lounge), and a great speaker presenting. Unfortunately the actual team barely spoke English (they're Russian), but their booth was filled non-stop the entire event anyway. ARK was a four block sponsor, as was einstein, but Einstein had ads on half the escalators and ARK had the other half. ARK also had GIGANTIC banners and ads EVERYWHERE.

>>9474115
They weren't there, but we caught a boomer literally trying to convince their company to throw millions of dollars at Skycoin over the phone and talking about "Synth" being some god-like yet autistic being.

>>9474122
I'm aware that most of the shit happens at the parties. It just didn't work out for me this year even though I had access, I couldn't attend. I got plenty done at the conference itself. And yes, I was supposed to go to the cruise but was busy until after 7:30.

>>9474170
For the tech? None. I didn't see a single innovative technology that actually pushed blockchain forward. Just centralized utility token style garbage. SONM was the most interesting technically.

Because of how they marketed? SONM, ARK, BLOQ when it launches. Basically the 3 biggest coin sponsors of the event, just because of how much networking I saw directly because of the advertising and the huge SONM booth. Also the ARK faucet drew crowds all 3 days so I'm proud of bringing it.

>>9474145
Best thing I got was a $600 hardware wallet because me and Chang promised we'd pentest it after we told them running a hardware wallet on Android was a garbage idea.

>>9474205
The coffee was

>> No.9474224

>>9474178
i wonder what he was even there to talk about? i've never heard of that particular Rothschild to be honest

>> No.9474228

>>9474145
There was this chinese hardware wallet company that was trying to sell their Android-based hardware wallet for $600. They ended up giving us 2 of them to try to "hack."

Keepkey was giving away free wallets too.

>>9474162
This:>>9474193

>> No.9474231

>>9474224
It's more politics than crypto. This space is just like others in that aspect; your connections matter the most when it comes to getting exposure and funding. It's only after that your technology matters in the long run.

>> No.9474234

>>9474099
biz is just ahead of the curve, per usual


will Ark gets its much deserved moon?

>> No.9474238

>>9474122
Do you agree with OP that there will be a bull run this year? If so do you think it would be market wide for almost all coins or only a select few coins?

>> No.9474239

>>9474222
Fuck. That's always something I've been fearful about with Russians. They know how to set a stage, but fuck up the acting. Glad to hear they were busy, though.

>> No.9474268

>>9474222
were any of the coins at consensus giving scammy vibes? or are they all safe to invest in

>> No.9474275

>>9474147
I didn't visit the booth for long but I spoke to the guys outside for a while. They were on the other side of the floor so I couldn't see too much, but the guys I spoke to were cool people at least. Not autistic, sociable, etc, so they probably did fine networking wise.

>>9474268
If you mean steal your money and run scammy, nothing really stuck out at me.

>> No.9474279
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9474279

>>9474222
>REQ had zero presence at Consensus.
it's like they don't care

>> No.9474280

What was your impression about ICON and the buzz around it?

>> No.9474284

>>9474231
what do you mean by that exactly? Rothschilds are all filthy rich beyond measure so why would one want to attend? it couldn't be just to network

>> No.9474306

>>9474122
>wasted $3k
He didn't pay anything though, ark team invited him and paid for it.

>> No.9474308
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9474308

>>9474222
That's because the crypto projects out there that are worth anything from a technological standpoint didn't attend Consensus 2018 because they're actually WORKING and not swimming in ICO money begging people for more.

>> No.9474309

>>9474280
There was some buzz for sure, I'd say positive vibes definitely. I don't have a particular opinion. I spoke for a while to an ICON guy and we chatted about the technology. They're doing something similar to ARK (listener nodes), so it's centralized and trusted, but we discussed and ICON is not aiming for open easily deployable bridgechains, they want to target private business chains and trusted permissioned blockchains. The underlying tech is nearly the same though, just radically different marketing and presentation directions.

>> No.9474327
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9474327

>>9474279
>.t holding huge bags
I wanna cry

>> No.9474330

>>9474309
the balls you two faggots have to show up to the chainlink board and not talk about chainlink. outrageous.

>> No.9474332
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9474332

>>9474275
How about Streamr? they had big booth and a presentation on the mainstage.

And was Fusion getting much attention, it is an interoperability project?

>> No.9474350

What about AMB? Talk to them at all?

>> No.9474359

>>9474158
Probably has to do with US regulations.

>> No.9474368

>>9474330
>chainlink board
lmao

Can't help it if your shitty chainlink wasn't at consensus

>> No.9474382

This is how bitcoin will hit 1MM. Banks will buy shitcoins they have no idea what they do, they will just be asking or expecting when moon? This will lead to the golden bull run. Then it will be the mother of all crashes. Banks will lose so much money and need to be bailed out by the US govt again. This will be the financial crisis all over again. The USD will be inflated to hell and bitcoin will soar.

>> No.9474401

>>9474332
From a marketing perspective they definitely had the best room setup. A few small startups showing off IoT and data streaming setups, and they had a popout 3D logo at the entrance unlike the other rooms, and when you see the entrance it's a cool curved glowing wall. Tech is just basic utility token BS but their presentation was fucking ace.

Fusion had some weird 180 degree camera setup for taking photos with a bunch of cell phones at once, and they were around but they didn't seem to have drawn too much attention, at least from what I saw.

>>9474350
They didn't have a booth but I heard they were there. Didn't get a chance to talk to them, sorry.

>> No.9474410

>>9474382
lmao crypto default swap! Bundling shitcoins into instruments and trading their derivatives! This is going to be hysterical

>> No.9474414

>>9474330
Kek. Fucking true tho.

>> No.9474420

>>9473869
What exactly made you feel bullish about the end of this year, anon?

>> No.9474431

Good thread. Thanks to both of you guys

1) I have a big bag of Icon, am I gonna make it?
2) if all this money is coming in, what’s taking them so long reeeee I want moon now

>> No.9474435

What was the vibe around Stellar and Enigma? I don't know if they had booths but they gave talks.

>> No.9474436

>>9474279
Just clearing this up, go to req Twitter and you'll find within seconds that they were there. Giving away big power packs with pulsation request network logo on them.

>> No.9474438

Did you hear anyone talk about CHAINLINK

>> No.9474454

>>9474438
Never heard of it. Sounds weird and creepy.

>> No.9474459

>>9474438
>>9474420

God i wish you dicks would read thru the thread before posting

>> No.9474462

>>9474401
>From a marketing perspective they definitely had the best room setup.
Considering that the boomers don't understand the tech at all according to you wouldn't this be the most important thing at least for the shortterm?

>> No.9474500

>>9474431
ICON seemed good, they were seen around a lot and talked to a lot of people.

>>9474462
Correct. I don't think the tech mattered at all - because frankly, there wasn't ANYTHING new at all at this conference in terms of blockchain innovation. Just ways to do old things on the blockchain (especially things that make no sense to do on the blockchain).

>> No.9474506

>>9474414
what kind of slack jawed faggot goes to consensus, skips the parties, comes to /biz/ and doesn't talk about chainlink? is this a ruse?

>> No.9474507

Lol there were no booth babes. Lack of if anything

>> No.9474525

so anything to come out of it from ark’s perspective?

>> No.9474530

What did people think about the lack of regulatory clarity and possible security classification issue?

>> No.9474535

>>9474506
Holy shit HE DID MENTION CHAIN LINK YOU DUMB FUCK

>> No.9474546

>>9474507
There were females in tons of booths that didn't understand the project they were there representing, and would direct people to talk to the guys or gave a memorized speech.

>>9474525
Looks like ARK made a few more industry connections and we got a lot of interest because of the faucet I brought to the event - the booth was basically constantly flooded with people.

>>9474530
Crypto geeks were annoyed about it. Boomers were laughing at them.

>> No.9474552

>>9474535
we require more than a mere mention.

>> No.9474572

>>9474552
Let me restate what moon said: no booth, but Sergey was walking around. It requires no more discussion as Sergey doesn't give a shit about marketing his product yet

>> No.9474577

>>9474546
If interoperability is the new meme, what were the interoperability projects that stood out the most at Consensus?

Also doesn´t Ark have good connections in France, which seems to lead the developement of the blockchain industry in europe?

>> No.9474587

>>9474546
>Boomers were laughing at them.
Gas the boomers, generation war now.

>> No.9474636

>>9474572
but he was there marketing. moonman really dropped the ball with this thread.

>> No.9474641

With all the boomers present, Holochain aint looking so bad now.

>> No.9474642

>>9474577
ICON, ARK, AION were the big 3.

No projects have a way to do it in a decentralized trustless manner. They all use trusted centralized listener nodes.

>> No.9474645
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9474645

>>9473869
>>9474330
>>9474438
>>9474368
Who we kidding. Networking conferences are for people still trying to get their shit off the ground/ make connections with the right people. Link has already made it's friends and is busy finalising a working product for them. This is why link was not showboating. It's pretty obvious. Why would I be hanging around nobodies trying to convince them I'm cool when I already have the BEST friends already.

>> No.9474658

>>9474636
Sergey wasn't there to market. He was a casual observer and probably making some inter-industry connections. Moon was there to market for __his__ company, Ark.

>> No.9474662

More like Consensus to Dump 2018.

>> No.9474668

>>9474658
I was there to help ARK market but I have nothing to do with the company; I'm just a delegate so obviously I own ARK and went to help shill it, but I'm unaffiliated with ARK itself.

>> No.9474673

>>9474641
Holochain is good anon, holding some of it is not a bad idea. While the rest of biz doesn;t agree with their politics, a lot of the world does so their faggy SJW team might actually do well. Also the project is pretty good.

>> No.9474678

>>9474645

this

networking conferences are for people who don't already have a network of high profile connections

>> No.9474689

>>9474662
Zing, nice one anon.

>> No.9474695

>>9474673
Yeah, I have a small sum of 23k after selling the rest for profit. I actually admire their project, not so much their ideology as the audacity of the scope of their project.

>> No.9474729

>>9474678
Finally an IQ. Based anon. See you in the link threads.

>> No.9474749

When is V2 going to launch? Couldnt understand Francois when he was giving his presentartion

>> No.9474755

>>9474009
>No decred

Nope not with that portfolio

>> No.9474758

>>9474749
Roughly in the next 4 weeks.

>> No.9474760

So all in SONM or all in the shitcoins that were there

>> No.9474761
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9474761

>>9474642
>No projects have a way to do it in a decentralized trustless manner
this guy
he knows what we like

>> No.9474775

>>9474749
>>9474758
To add on to this, I've personally seen the code with my own eyes. It's basically complete.

>>9474761
That includes ChainLink.

>> No.9474792

>>9474775
Do you believe ark will finally start to fly?
I was a holder from august to november and missed the whole bitcoin bullrun.
now I have been interested to jump back in to Ark

>> No.9474804

>>9474792
I'm extremely bullish on ARK, but this is more of an information thread and not a shill thread. I'm bullish on every coin that had a good presentation and good marketing at Consensus.

>> No.9474847

>>9474804
I forgot to ask about Qash, were they there?

>> No.9474892

WHAT ABOUT JIBREL

>> No.9474927

>>9474804
What do you think of ark's nothing at stake problem? Why do you think voting out bad actors will be a solution when most voters won't care as long as they're getting paid for staking?

>> No.9474934

>>9474775
>That includes ChainLink.

Them's fightin' words round these parts..!

>> No.9474965

>>9474176
>>9474642
Between ICX and AION which would you say will be the best investment over next 12 months. I’m in both but would prefer to consolidate into one or the other.

>> No.9474967

>>9474934
fucking autist

>> No.9474978

>>9474927
Speaking as a voter if I'm still getting ark but I know the ark price is tanking because something my delegate is doing I'd switch my vote in a heartbeat.

>> No.9475003

Did you see anything interesting about agrello?

>> No.9475057

>>9474927
The "nothing at stake" problem refers to traditional PoS systems where you stake the same currency on every contentious fork. DPoS forces your stake to a specific party so this doesn't happen, since you need to cast votes to switch parties.

As for voting out bad actors, it has already happened many times and will continue to happen. My delegate was only created because a bad actor was voted out.

>>9474965
Don't have a pick for you, sorry. They both had good presence at Consensus.

>>9475003
They were there but nothing about them stood out to me personally.

>> No.9475089

>>9475057
what was sergey wearing?
also why do you say that the connections being made at the event (money flowing in) is gonna happen in the next weeks but the bull run is commencing EOY?

>> No.9475095

>>9475057
>As for voting out bad actors, it has already happened many times and will continue to happen. My delegate was only created because a bad actor was voted out.
I think he's asking about instances where a bad actor is still paying out ark but intentionally harming the network, not just scamming the ark from their voters. Has this happened yet? I'm only aware of bad actors being voted out who weren't following through correctly on payouts like magnet.

>> No.9475125

>>9475057
I am going to go out on a limb and assume you hate everything Vechain, but I'll ask anyway - what did you think about Vechain? Did they make any impact with the boomers that you are talking about?

>> No.9475136

>>9475089
>what was sergey wearing?
Did Sergey wear the same shirt all 3 days?

>> No.9475149

I skimmed the CL whitepaper, but it seemed to give the option of trustless decentralized oracles, if the caller cares to have them and if they are possible.

Want a random number from random.org? Good luck. I don't see how you could have five oracles guarantee you're getting a random number. Chainlink doesn't help here.

But want to have off-chain smart contract code executed? I don't see a difference between an oracle that tells you what the result of some function is vs an oracle that tells you what the temperature is in NYC. How do you trust that the nodes computing your smart contract are honest? Either embed the smart contract in the nodes of each network (e.g., ethereum nodes have the EVM, ARK nodes have the EVM), and rely on the incentives of ethereum and ark to keep those nodes honest, or hire some rando oracles to be your nodes.

Even delegates in ark seem like they're just special cases of oracles. I could imagine a shell script starting up blockchain based on hyperledger-based plus random chainlink nodes that signed up to be delegates / validators for any project that needs some. Suddenly one-click blockchains don't require ark to be involved at all.

I only skimmed the CL whitepaper, though, so I may have missed some serious class.

>> No.9475184

>>9474978
How do you know the ark price is tanking? How long between bad activity and price decline, or between then and you finding out it's because of a bad actor?

Maybe ark voters should have to sign up for some kind of ark wide messaging system, to stay informed of possible bad actors. IDK.

>> No.9475189
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9475189

>>9475057
Great thread op. With this kind of unbiased informative writing you could definitely pioneer a new crypto community. It's really hard to tell the shills from reals nowadays and I for one would 100% subscribe to a general crypto newsletter from someone that comes back to inform a board that he just learned is irrelevant

>> No.9475204

>>9475057
>The "nothing at stake" problem refers to traditional PoS systems where you stake the same currency on every contentious fork

Oh, I fucked up, then. I thought it referred to delegates in dpos systems who haven't had to stake any of their own property in order to process transactions.

>> No.9475224
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9475224

>>9474158
Being well behaved for Goldman Sachs probably

>> No.9475258

>>9475089
Chang spotted Sergey, I didn't see him.

>why do you say that the connections being made at the event (money flowing in) is gonna happen in the next weeks but the bull run is commencing EOY?

Because money doesn't get invested instantly. People need to talk, talk some more, reach out to other people for opinions, then finally push the approval to actually get the money in.

>>9475095
It hasn't happened yet. *Ideally*, what would occur is a better actor is bumped in by the pool of votes from the other delegates; this would require an active community - however, this is one area where ARK excels so I hope when it is more matured and this problem is faced we are able to act appropriately.

>>9475125
I don't have a personal opinion on vechain; only went past their booth a few times, it seemed fine, nothing stuck out from when I was there. Sorry I don't have anything more to add.

>>9475149
You hit the nail on the head on most of the points there. One-click blockchain is just marketing ARK uses to cater to people who want private blockchains. It's not a blockchain technology, it's just making deploying a chain piss easy. Perfect for people getting into crypto that have no fucking clue how to deal with lower level stuff. It's nothing exclusive to ARK, it's just that Ark is the only one focusing on this so heavily compared to other chains - and I personally think DPoS is as good as it gets for decentralization. PoW has pool centralization, PoS has runoff staking gains for people with already large wallets that eventually lead to staking centralization. DPoS lets the protocol decide how "decentralized" it wants to be (and in theory the protocol can even scale itself based on growth).

>> No.9475274

>>9475184
But what would be a bad actor in your case? Withholding transactions? You could use a bloom filter and other potential tricks to estimate if a delegate is specifically avoiding pushing some txs, and take away their reward (this means no payment to voters, they unvote!). Trying to fork? Well, without 25 other delegates doing the same, not much gets done. What scenario do you envision that would require such quick action where the actor is hurting the Ark network?

>> No.9475285

>>9475258
Any info on Omisego?

>> No.9475290

>>9473869
>burlesque midget shitting after party
>didn't have time to go to it
fucko, you make time for shit like that.

>> No.9475332

>>9474122
give me the name to drop and I'll come do performance art with me and a bunch of my freak friends. You can say you sponsored it

>> No.9475366

>>9475274
>What scenario do you envision that would require such quick action where the actor is hurting the Ark network?

Good point. I can't really think of any. Now I have a better impression of ark. Hmm...

>> No.9475376

finally a good thread on biz. ty moon and chang

>> No.9475415

>>9475332
being serious btw, I am a v experienced performance artist. I already have ideas going around my head and I'm calling together the troupe

Discord: God Particle#7957

>> No.9475528

>>9475290
>shit like that
literally, SHIT like that
I wanna know if the midgets were pajeets

>> No.9475533

>>9475290
>>9475528
yfw it wasn't a little person shitting but someone shitting out a little person

>> No.9475538

grinded thru the thread. what s about True DEX projects like Blocknet or Komodo. cheers

>> No.9475547

I suppose there wasn’t anything on 0xBtc? It’s too small

>> No.9475667
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9475667

Is this a sign that /biz/ wont make it?

What happens if /biz/ does make it, will the world be doomed with the super clap?

>> No.9475674

>>9475667
Shit, this was meant for it's own thread. Ignore please!

>> No.9475681

>>9475533
kek'd and checked

>> No.9475687
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9475687

>>9475667
>>9475674

>> No.9476266
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9476266

>>9475224

Seems like boredom and relaxation should be switched.

>> No.9476653

Any info on Wanchain?

>> No.9476702
File: 66 KB, 640x640, 1518237005847.jpg [View same] [iqdb] [saucenao] [google]
9476702

and what about XRP? will they jump into it or whats the deal there?

>> No.9476731

>>9476702
love this thread btw. thanks anons!

>> No.9476794

>>9475224
>skill and challenge level high correlated
>still plot like it means something

Really grinds my gears.

>> No.9476808

>>9476702
Back to léddit, fucking faggot.

>> No.9476890

>>9475285
OmiseGo didn't go because Vitalik got pissed off at coindesk for posting a direct link to an omg air drop scam site in an article about omg's price. It's why Vitalik didn't attend.

>> No.9476918

so this was just a subtle chainlink fud thread

>> No.9477099

Hey guys can you tell me if you saw NANO there, and if you heard anything regarding their project? Either from the devs or people in attendance?

>> No.9477134
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9477134

>REQ had zero presence at Consensus.
WE WILL GO DOWN WE WILL DROWN DROWN, DEEPER DOWN

>> No.9477294

>>9473869
If you still think a true interoperability solution hasn't been found, look up what blocknet released yesterday.

>> No.9477663

If you're looking for a small cap coin present at Consensus, look no fuurther than INDORSE, IND
2.6 mil mcap
Rebranding at the end of the month
Good team
Incentive to use the token
Working partnerships
Company is already cash flow positive, earning money

This is a boomers wet dream

>> No.9478220

nem was a four block sponsor, how did they go?

>> No.9478256

>>9473869
>The people in suits were all boomers or scammers. Actual crypto influencers wore normal clothing.
See that nucoiners. Stop saying people look unprofessional because they don't wear suits at events. The suits are the people you need to be wary of.

>> No.9478519

Did you shill Nimiq to anyone? or was it mentioned anywhere?

>> No.9478551
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9478551

When should I go back all in on ARK?

>> No.9479054
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9479054

>>9474222
You all heard the man, Synth is some god-like yet autistic being. Get on the Skyfleet while you still can. Also join the "Synth quotes" channel on Telegram so you dont miss out on his autistic genius

>> No.9479278

>>9476890
Vitalik didn't attend because by grubbing about for investors like a scamcoin / shitcoin he actually hurts ETH more than he helps it. He puts ETH on the same level as these other shitcoins, when it's the de facto king in waiting, and he wants it to stay that way. Bottom line, I think he's afraid of competition

>> No.9479282
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9479282

BUY AMBROSUS NUMBER ONE COIN OF 2018.

BELIEVE IN CHADSETTI.

AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS AMBROSUS

""If right this second AMB announced a partnership with GSK, what would happen? We'd pump 20-30 percent and bitcoin would dump us back down. Storm had a major listing earlier today and they're up 4 percent against bitcoin. Delaying partnership announcements sucks, but so does the market right now. If anything, when disclosures do come, AMB team can say "We have a partnership with __ and we've already set up a masternode with them and are actively trialing the beta" instead of just announcing some nebulous future cooperation. Angel clearly is passionate about this community - not many CEOs would showcase community memes and artwork at a major conference, and that he's made time to personally answer our questions on short notice such as in that impromptu AMA is rare as well. We need to return the favor: to acknowledge that he and his ensemble are considering these issues from a more informed and knowledgeable position than we are capable of doing, and to trust that the resulting decision made by them is the right one."

>> No.9479302

>>9473869
>Apparently there was a burlesque midget shitting after party
What

>> No.9479536

What did you think of Iexec there? No meme shit that keeps getting spread here. Seems like a good investment regardless of the pump it's seen lately

>> No.9479925

hi can you please elaborate on you said exchanges are scummy as s*** thank you

>> No.9480169

>>9474176
>>9474965
Yeah I got the sense the AION was a forerunner waving the interoperability banner. They have a dev meetup today as well. I'm definitely holding onto my AION bags because Matt Spokes really good at selling the need for multiple blockchain projects which, in turn, creates a need for interoperability. It's not competing with every other blockchain, but solving a probably which should ultimately benefit any project that adopts the bridge. He's creating synergy that could elevate the cryptosphere. I could see AION network being used in something like Pundi XPOS and becoming a huge game changer, finally bringing blockchain into real world application. The market cap has a lot of room to grow, but price speculation aside, this could be a very important technical advance for crypto.

>> No.9480264

>>9480169
Have to watch his talk as I didn't have the time.

Honestly, if I could sit on a long term portfolio, that'd be AION + RLC + ICX, possibly some OMG and ZenCash in the mix. Right now AION has tanked a shitton but I don't have fresh fiat to inject into it.

>> No.9480629
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9480629

>>9473869
Thoughts on WAN and PundiX who were there, since they announced their partnership yesterday.
Thx

>> No.9480827

>>9476266
>posting this shit tier meme
You're not going to make it.

>> No.9480866

>>9479278
Every project lines up to have their pic taken with him. He knows every innovation happening in crypto and implements anything that seems useful into ETH.

>> No.9481094

>>9474500
>especially things that make no sense to do on the blockchain
Can you give us an example or two?

>> No.9481877

What was your impression of veritaseum?

>> No.9481981

>>9480264
Here's the panel. Matt's vision seemed to stand out above the most to me and he's next to some more established crypro innovators.
https://youtu.be/Yb5l5TxxqYY

>> No.9482014

>>9473869
Was ZRX there at all?

>> No.9482461

Make the most of all the information in this thread, this is literally a once in a lifetime opportunity and if you play your cards right you will be in a good position