Interesting post. I was about to start a similair discussion. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. Does anyone know about: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/Stratis#analysis To check Stratis Investment analysis.
Nice post! I've been studying Stratis also and one thing I am still insure about is their monetary policy. How many coins will they ultimately issue and at what rate will they be issued?
This is the second time I heard about Stratis through a Steemian. Initially, I had no idea that it dealt with smart contracts like Ethereum. I ended up investing in some Stratis primarily because I noticed it went on 20% dips and then 30-60% runs. @Kyungjaechoo could you elaborate on this statement, "Stratis has side chains which allow for smart contracts that don't bloat the network." Does Ethereum not allow for side chains? What are side chains? Are they like forks?
Sure and sorry for the late reply. Ethereum has only one main blockchain. It's like how bitcoin has its own blockchain that consists of a string of "blocks" or digital ledgers. (Those digital ledgers keep track of all transactions.) However, as you may know, Bitcoin's blockchain is congested and that poses a problem for tracking all transactions and thus creates the problem of long transaction times. Ethereum only has one main chain and so all the transactions have to go through that one chain. Sidechains for Stratis may be considered backwards compatible meaning that it isn't like a hard fork. Projects may create dedicated side chains using the Stratis platform and thus work on that specific chain. The side chain would be connected with the main chain, but wouldn't bloat the main chain.
I'm glad I could inform you! I'll be writing more about cryptocurrencies. I plan on giving an overview of actual white papers in a way that'll interest both technical and non-technical people
Better more modern tech than ETH. Developers have to learn the difficult code for to use ETH. Millions know C#. ETH's only big advantage is a head start.
Great article! Many thanks. I wrote also a short article trying to proof that Stratis will rise tremendously over the next weeks - exactly because of the exciting features you mentioned in your article. Well, let's see where Stratis will be in 3 months :-)
Thanks for this post...I recently heard about Stratis and haven't had a chance to research the details yet... perfect timing! upvoted :)
Thanks for commenting! Yes stratis looks very promising and unique. It's definitely a long term coin to hold :D.
Interesting post. I was about to start a similair discussion. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. Does anyone know about: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/Stratis#analysis To check Stratis Investment analysis.
Stratis is just simply the best for me. I have made a nice amount of profit. I love their projects too.
seen your post in chat. read this. following now. good luck on steemit sir!
Nice post! I've been studying Stratis also and one thing I am still insure about is their monetary policy. How many coins will they ultimately issue and at what rate will they be issued?
Nice post! I googled stratis and your post came up! Upvoted, eager to see your future work on other cryptos. Cheers!
This is the second time I heard about Stratis through a Steemian. Initially, I had no idea that it dealt with smart contracts like Ethereum. I ended up investing in some Stratis primarily because I noticed it went on 20% dips and then 30-60% runs. @Kyungjaechoo could you elaborate on this statement, "Stratis has side chains which allow for smart contracts that don't bloat the network." Does Ethereum not allow for side chains? What are side chains? Are they like forks?
Sure and sorry for the late reply. Ethereum has only one main blockchain. It's like how bitcoin has its own blockchain that consists of a string of "blocks" or digital ledgers. (Those digital ledgers keep track of all transactions.) However, as you may know, Bitcoin's blockchain is congested and that poses a problem for tracking all transactions and thus creates the problem of long transaction times. Ethereum only has one main chain and so all the transactions have to go through that one chain. Sidechains for Stratis may be considered backwards compatible meaning that it isn't like a hard fork. Projects may create dedicated side chains using the Stratis platform and thus work on that specific chain. The side chain would be connected with the main chain, but wouldn't bloat the main chain.
Thanks for posting my faq! Hopefully it helps those still learning about Stratis and wanting to know more.
Thanks for creating a succinct FAQ that's informative and easy to understand!
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Nice article!
I will definitely do research on it, this sounds a great idea.
Slack brought me here. Nice. Followed.
I'm glad I could inform you! I'll be writing more about cryptocurrencies. I plan on giving an overview of actual white papers in a way that'll interest both technical and non-technical people
Better more modern tech than ETH. Developers have to learn the difficult code for to use ETH. Millions know C#. ETH's only big advantage is a head start.
좋은글 감사합니다
도움이 되었다니 다행이네요!
very good read and i completly agree!
nice post bro,, im hold this future project nice choice for investment
Great Write up my friend. Upvoted and wish you much Prosperity!
Thanks! I'll be sure to write more and (s)team up by helping people understand more projects.
Nice post! I'm also looking forward to see Stratis at least as successful as Ethereum.
Soooo $250 Stratis?
Great article! Many thanks. I wrote also a short article trying to proof that Stratis will rise tremendously over the next weeks - exactly because of the exciting features you mentioned in your article. Well, let's see where Stratis will be in 3 months :-)
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Wow This is very good intorduction for Stratis platform :)
I've followed you
Hey guys! Just wanted to share this. You can Earn while you Trade or Hodl at Btcpop.co!
If there are any lazy stakers out their Btcpop stakes deposits for you and gives you proportionate rewards
One of my fav projects :)
@kyungjaechoo Thanks for sharing!
a nice write up...whay it has not scaled up?
Stratis Platform We aimed for the moon but we got stranded on Mars
Stratis Platform will recover fully
By March 2018 Stratis will go over 10 $