RE: Alt-News #9: TED talk about Blockchain / Altcoin gains since Jan 2017 / Blockchain.info now supports ETH
Thanks acidyo for a interesting post again! The TED video was actually the first video I watched about blockchain technology and cryptocurrencies and the one that made me realize that you've been right all the time that this is big but it's gonna get way bigger. I watched it a few days before we met face to face last time and the video was one of the only sources (except you) that I had on these things. Now I have followed these things much more, and I guess it is the thing that most of my free time goes to :) Still, it feels like I don't understand a shit :D
So that is why I need to ask if you can give more details on Monero and why you think it belong to one of those cryptos with potential. I mean there certainly are a lot of crypto with potential but why Monero? Is it the privacy that makes it special? Compared, Ethereum is well established and a solid platform compared to most altcoins. One can also find stuff about it in mainstream media, but Monero is not that known.
Thanks mate!
Hehe, I guess you are beginning to understand how captivating it is now and why I've spent the last few years glued to the PC because of it. xD
Its truly like the beginning of the internet again, in my opinion.
About Monero, it has a really special tech called ring signature that provides privacy and has been uncracked (so far). There's been some doubts lately about Zcash and Dash providing that same privacy. Of course this means a lot of people might use Monero for illegal things, but that was the biggest usecase for Bitcoin in the beginning as well. :P Always when there is a new tech people will abuse it in the beginning for bad things before the positive uses start to overtake it.
My advice is mostly focused due to its hold around $50 for a long time now and its very limited supply. The anonymity it provides is a big plus and probably something that many will be looking to get into in the future since most blockchains are open-source and public. Time will tell if Ethereum will be able to implement something similar for privacy but so far Monero is leading in that aspect.
Here is for instance a screenshot when you try to check out a Monero's address. :P
I do understand why you have been doing it! :) I think is a good investment for the future for you, even without any cryptocurrency investments. You have a lot knowledge about all this and that is worth a lot already now but will be worth much more in the near future.
Okey, yeah I see your point about Monero now.. Thanks for your help again!
Check out Monero today. ;)
hehe I wasn't online here yesterday but I checked coinmarketcap.com earlier today and thought that next time u give some advice I'll need to do it straight away :D
Well presented.