Wappie

Wappie’s profile 20

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Member since: November 11, 2019

Reviews:


Dash

Dash

Dash - DASH
Team Quality
Info Quality
Track record

Review Date: December 04, 2019 14:42:25

Censored community. Instamined at launch which made the founders the biggest shareholder of the master nodes. So they could potentially roll back transactions if they wanted. A lot of red flags when you start researching Dash. Not worth your time. Be careful kids! https://twitter.com/DashUncensored/status/1202288237152063488 https://www.youtube.com/watch?v=xBxbiH_Mg44&feature=youtu.be


Ethereum Classic

Ethereum Classic

Ethereum Classic - ETC
Team Quality
Info Quality
Track record

Review Date: November 18, 2019 06:34:55

Very low security chain. Was already under attack. Suffered a deep chain reorg. https://bravenewcoin.com/insights/etc-51-attack-what-happened-and-how-it-was-stopped Negative advice.


TRON

TRON

TRON - TRX
Team Quality
Info Quality
Track record

Review Date: November 18, 2019 06:31:01

Another scam. Sooner, rather then later it will go to zero. Why are people investing money in crap like tron? Because they are very naive. Believing everything they are being told. If only you take a quick look at tron you will see it is very bad. If only people did their research. Maybe still living in unicorn land?


EOS

EOS

EOS - EOS
Team Quality
Info Quality
Track record

Review Date: November 18, 2019 06:26:10

Another scam. Only difference being, it is a really big scam. After buying eos tokens, you don't gain ownership of the tokens. The cartel can at any point in time decide to take your tokens. Decentralized? no Was a blockchain needed? no Was there a problem that needed fixing? no? https://cryptovest.com/features/is-eos-a-scam-or-a-fraud-5-points-of-contention


Bitcoin Cash

Bitcoin Cash

Bitcoin Cash - BCH
Team Quality
Info Quality
Track record

Review Date: November 18, 2019 06:17:27

Basicly a scam! Roger Ver is the face of bch or bcash. He sold explosives on the internet before trying to scam people into buying bcash instead of bitcoin. https://www.justice.gov/archive/criminal/cybercrime/press-releases/2002/verPlea.htm Stay away from this one kids! https://www.reddit.com/r/Bitcoin/comments/8h4dit/roger_ver_is_a_wellknown_scammer


Bitcoin SV

Bitcoin SV

Bitcoin SV - BSV
Team Quality
Info Quality
Track record

Review Date: November 18, 2019 06:11:27

What a shitshow. "Paving the way towards Genesis, the full restoration of Satoshis Bitcoin protocol, bringing with it unbounded scaling and limitless economic potential." Pure lies. The bsv chain already suffered mutliple block reorg attacks. https://news.bitstarz.com/bsv-hit-by-block-reorgs-in-two-separate-51-attacks The constantly dropping hashrate is testimony to the quality of this disaster. https://beincrypto.com/bitcoin-hash-rate-displaying-major-dominance-over-its-forked-chains Nobody wants to mine bsv, let alone use it to store or transfer wealth. With the bsv chain you could very likely lose all your wealth because the chain is not secure. Why does this even exist? Pull the plug. Let it die quick instead of this prolongated torturous death.


Decred

Decred

Decred - DCR
Team Quality
Info Quality
Track record

Review Date: November 13, 2019 09:17:52

The most important thing I have learned about cryptoassets since I got into crypto, is that writing good code is really hard. Writing good code for crypto projects is even harder. There are not many people out there that are smart or capable enough to write good code for crypto projects. Despite that fact, there are thousands of cryptoassets out there claiming to be cutting edge projects. That doesn't make sense at all. Alas the crypto scene is rife with scams. Where there is money to be made, scammers will come. https://www.weforum.org/agenda/2018/04/questions-blockchain-toolkit-right-for-business/ In Decred, the founding members, who are from North America, were early developers on the core Bitcoin protocol, and experience building Bitcoin is a huge advantage for a competing team. Being involved early on in Bitcoin development is what allowed the founders to identify Bitcoin's problems before they were acknowledged by the greater community at large. The strong advisory team even includes Jimmy Song, a well-known and transparent Bitcoin maximalist and smart contract platform cynic, who stated that the team has some of the most amazing developers in the industry; highlighting the fact that Decred’s developers formerly built btcd, which is one of the best commented, organized and accessible codebases for learning Bitcoin. Despite what you may read about Decred, it is NOT a fork of Bitcoin. - Decred uses the Blake256 algorhythm and Bitcoin uses the sha256 algorhythm. - Decred does have similar characteristics as Bitcoin. - Only 21 million will ever be mined. - But rather than using POW, Decred uses a POW/POS hybrid model. Furthermore, Decred uses the Politeia system to vote on proposals. If consensus is achieved then the changes can be implemented into the chain without forking.(BCH/BSV) ------ From the Decred homepage: Decred’s governance is based on the principle of ticket-holder voting. To participate in governance, users must time-lock DCR to purchase tickets. Tickets can then be used to vote on validating blocks, consensus rule changes, or proposals in Decred’s web-based proposal system, Politeia. Validation of blocks and voting on consensus rule changes occurs on-chain. Voting on higher-level issues, such as how to spend Treasury funds, or significant policy decisions (e.g. amend the Decred constitution) occurs off-chain in Politeia, a web platform where the community at large can submit, discuss and vote on proposals. To compensate ticket holders for validating blocks and securing the network, 30% of the block reward (PoS reward) is sent to ticket holders for voting on blocks; the remaining block reward is split between PoW miners (60%) and the Treasury (10%) to fund ongoing development. The ticket price (the amount of DCR that must be time-locked) is adjusted dynamically every 144 blocks (~12 hrs), in an attempt to keep PoS returns stable over time. ----- What Decred is trying to do is to create sound money. The Decred community believes that with good governance you can have any feature you want. That is actually really powerful the more you think about it. Check out the Decred homepage if you are interested in more information. Or check out this ( https://medium.com/@_Checkmatey_/decred-following-in-bitcoins-footsteps-f8d0e0bbaff5 ) very interesting article by checkmate. It is very technical, but an interesting read nonetheless! Furthermore. Am I biased because I'm holding DCR? Yes! Most certainly so! Am I qualified to review cryptoassets? No. I'm just a guy. DYOR!


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