Hello everyone! Today I will make a short post about which tokens I bought this week and will describe them.
Previous posts: https://steemit.com/investment/@boxigod/first-little-post-about-big-experiment
https://steemit.com/cryptocurrency/@boxigod/experiment-first-week-ethereum-killer
This week I bought 3 tokens: LSK, KMD and BTS
KMD. The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol. And they have a technology, named Atomic Swaps(transactions between two separate blockchains ), that's huge.
LSK. Lisk is a decentralized network such as Bitcoin, Nxt, or BitShares. It doesn’t utilize Proof of Work like Bitcoin, or Proof of Stake like Nxt. Lisk uses a simplified implementation of BitShares’ original consensus algorithm called Delegated Proof of Stake. That means every LSK holder can vote for mainchain delegates which are securing the network.
BTS. BTS is because BitShares and the OpenLedger, dex etc is fully decentralized which means nobody owns or can control it except for you. Plus, BTS can process 100,000 transactions per second. I send some BTS into my account and it took less than 3 seconds to show up. Plus I could just use my username instead of a 16 character Address like btc requires, for example if my address on bitshares was "David-9". That's all you need in the address field to send funds around. I was totally stunned by that too.
I bought LSK on 15%(1, BTC) of portfolio, KMD on 10%, and BTS on 10%. I displayed a purchase in the portfolio - Go to the portfolio
If u also want to buy LSK,BTC or KMD, you can do it on Binance
What do you think about this coins? Write in comments
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Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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@martin.mikes coordinator of @kedjom-keku
Interesting experiment. I'd like to start doing the same with a small amount of money just to see if I get lucky with finding some altcoin that goes through the roof by some odd chance. I'll be following your progress until I have some money to put into play mode. I am trying to power up this account as best as I can right now and converting my mined ETH to SBD as it becomes available every few days.
Thanks for your comment. It was interesting to read another opinion
Coins mentioned in post:
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