/tech/ - Technology★

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>>945987 (OP)

>I am not literate in computer science

Conduct your own research then. It looks gay as fuck though, but I'm only going by the logo.

>holochain

Just watched the 8.5 minute video, no time to read the white paper. TL;DR - it uses torrent-like hashing to split the blocks up among independent peers and for validating application code. It looks like an interesting solution to the consensus problem (compared to ETH which immediately demonstrated their weakness by forcing a fork into ETC, and EOS which embraces consensus as a feature and allows staked voting). However I think it would suffer from some of the same issues as torrents, like a lack of seeders. I look forward to hearing more about this one. If I were giving out investment advice, which is obviously what you're asking for since

<I am not literate in computer science

Then I'd say yeah, trade a few ETH for some (or wait for the ICO and buy them cheaper as early shorters cash out, at the risk of losing out on airdrops [if this platform even has them]).

It's pointless for the most part. They are not goiong to exist long term.

>>945987 (OP)

You pretty much can't go wrong in the cryptocoin world. Even the shittiest coins become worth a lot when BTC spikes. You just need patience.

And there is no economic reason why it can't go on forever. Based on how things have gone thus far in the cryptomarket, I've calculate that everyone on earth is going to be ultra-rich by mid-century.

>*chain

it's a scam

>>946144

>ultra-rich

Ultra-poor you say because the coins themselves will be worth Zilch at that point and mining them in any reasonable fashion will be impossible outside of quantum supercomputers, b-b-but muh cashless society!!!1

Tangible goods like Gold, Palladium, Beryllium etc. is where it's at, shit will survive any amount of EMPs or financial crises thrown at it.

>>946144

>cryptocoin prices are based on BTC, defeating the point of coins being made in the first place

>>>>>I've calculated

Show us the proofs, faggot. BTC isn't replacing anything as it's been completely ripped open by the Chinese, boomers, teenage investors and retards that do whatever the talky person on the news says is good.