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RE: Myrtle Beach Confidential 2018 Q1-Q2 Crypto Report, Steemit Exclusive.

in #crypto7 years ago (edited)

You completely missed the purpose of ChainLink. Chainlink provides DECENTRALISED oracles. While sure, anyone can set up oracles, they miss out of the benefits of decentralisation. Besides, there are no other projects exclusively developing decentralised oracles. I feel like you didn't do your homework on this one.

You also call IOTA cheap up to $50?! Do you have any idea how big the market cap would need to be? Especially considering that IOTA isn't decentralised due to it's use of a centralised coordinator. While the team does have plans to change this, their method of decentralising the coordinator is completely theoretical at this stage and actually may not be possible. IOTA is a good project, but considering the hurdles which it still has to overcome, it is overbought.

You don't come across as someone who knows what they're talking about at all and I only know the details of 5 of these projects you named yet for two of them you missed crucial points!

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