kurtwuckertjr

"kurtwuckertjr" 38 review

Fundamental analyst at CryptoTradersPro.com. Bitcoiner since 2012. Big blocker since 2015. Bitcoin is data of value. #metanet

Member since: February 7, 2019

Reviews:


Pi Network

Pi Network

Pi Network - PI
Team Quality
Info Quality
Track record

Review Date: October 29, 2019 08:17:24

Another fake project built on a network marketing model trying to trick people into participating in a Ponzi. I think I signed up to see how they suck you down a sales funnel. It might as well be an MLM selling diet shakes or kitchenware...


Bitcoin Cash

Bitcoin Cash

Bitcoin Cash - BCH
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:53:20

This was a truly diverse project with competing minds and solid fundamentals from 2017 until 2018. But now it’s run by a French former Facebook developer who spends his days firing people and threatening Roger Ver to hard fork the protocol and sell it to the highest bidder if he doesn’t get his way. Bitcoin Unlimited and some others are tangled up in the mess, too, but Bitcoin ABC and Amaury Sechet are a toxic mess of self righteousness and a lack of understanding about economic consequences to their actions. Little by little, good minds are leaving the project or being kicked out by Amaury himself, and it shows. What a shame!


Tether

Tether

Tether - USDT
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:48:42

Ever wanted the worst parts of fiat to combine with the worst parts of the bitcoin economy? That’s tether. A fractionally back “fake” dollar issued by thieves in order to artificially pump the price of BTC so insiders can launder out “real” dollars in a giant Ponzi scheme that exists between venture capital firms that own Blockstream, Bitfinex, Block One and Tether Corp. This is the real, modern creature from Jekyll Island.


Stellar

Stellar

Stellar - XLM
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:44:20

XLM is just XRP with more centralization and less liquidity. They have the same business vs token confusion and it’s run by a bunch of dropouts from Ripple too. Another redundant, unneeded, generic blockchain project.


Cardano

Cardano

Cardano - ADA
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:41:28

What is there to like about Cardano? It’s a redundant, boring project that brings nothing new except hubris. Peer reviewed audits of all changes? Why? Blockchains aren’t complex from a software standpoint. The things blockchains do are very simple to code. So why is everything taking so long? Because Charles is a scientist and not a businessman. He’s tinkering this thing to death, and can’t deliver anything of value because, as I said before, all of these blockchains are redundant except for the personalities associated with them.


TRON

TRON

TRON - TRX
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:38:18

A broken chain governed by a shifty company run by a blatant scammer. TRX is all flash and no substance. It’s redundant and bland except for the criminally narcissistic behavior of Justin Sun.


Ripple

Ripple

Ripple - XRP
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:36:53

I honestly can’t decide if I hate this project more because of the smart people involved or the army of idiots... The good: it’s the asset used to transact on the various platforms created by a world class FinTech corporation. They have some of the greatest developers and a great business model. They also have lots of functional products and an intriguing niche of managed services. However, the XRP token isn’t needed for anything in their ecosystem, and many buyers think it’s a de facto stock in Ripple, which it isn’t, and Ripple keeps selling off XRP tokens and crapping on the people who think they are share holders. The whole thing makes me cringe.


EOS

EOS

EOS - EOS
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:32:34

An over-planned and poorly implemented state machine managed by a cartel exploiting the broken governance model of DPoS. Dan Larimer thinks that his theories will always work better than things that already work in reality, and it shows. No wonder Satoshi had no time to explain bitcoin to him.


DigiByte

DigiByte

DigiByte - DGB
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:29:56

Is Digibyte the greatest project in the world? I don’t think so, but it is a thoughtfully developed and creatively implemented blockchain project. Most blockchains are blatant scam projects, but DGB was born out of the scaling debate when we all thought bitcoin was dead. DGB brought lots of new ideas to the space and created a truly unique and functional blockchain that sets a superlative example in many regards. Multialgo mining, variable difficulty adjustment and pushing the limits of block time... Digibyte blazed a path. For that, it deserves credit as a project worth noting.


Dash

Dash

Dash - DASH
Team Quality
Info Quality
Track record

Review Date: October 28, 2019 21:23:35

Dash gets criticized for some of the shady stuff about the founding “instamine.” I used to be in that camp, but I have changed my tune. Dash is actually a well developed, thoughtfully executed project that rose out of the bitcoin scaling war. Back when people thought Satoshi’s vision was dead because of bad actors and bad governance, Dash created a hard fork with a lot of unique characteristics, including its self-funding and self-governance model. Giving credit where it’s due, if the project was a scam, as it seemed like it might be early on, it would have happened already. In reality, Dash really has blazed a trail, and it shows in the nature of its adoption in exploited economies. Now, I don’t think Dash is perfect. The masternode governance system has its own unique attack vectors, and it may have its own scaling issues as well as well as missed deadlines for upgrades and some bumps in the road, but Dash deserves credit. It is a serious project with serious people working on unique ideas, and that’s a rarity in a space full of broken promises and blatant scammers.


Ethereum Classic

Ethereum Classic

Ethereum Classic - ETC
Team Quality
Info Quality
Track record

Review Date: October 27, 2019 22:24:27

Ethereum Classic is the real, unbroken consensus of Ethereum. Even though Ethereum itself isn’t a scalable concept, I respect the ETC devs and miners for building an ecosystem with balls and principles! It’s more than can be said for almost any other project out there.


Ethereum

Ethereum

Ethereum - ETH
Team Quality
Info Quality
Track record

Review Date: October 27, 2019 22:22:33

In a basic sense, Ethereum is a distributed state machine, which is cool enough, but it can’t scale because it needs all states to settle on all nodes in order, so has limits stop Ethereum from doing anything over 15 tx/sec which is nowhere near enough for a “world computer.” The funny thing is that we now know that Vitalik and Lubin knew Ethereum couldn’t scale, but they lied and said that it could so people would buy ETH that they would use to pay to bootstrap Ethereum 2.0, which is about 18 months behind schedule now, by the way. Add in all the bugs, the developer centralization, the hostility toward miners and Ethereum is little more than a platform used almost entirely by exit scammers who created fake, illegal securities and dumped them on unsuspecting consumers who didn’t understand what they were buying. Ethereum will likely go down in history as one of the biggest scams in history.


Bitcoin

Bitcoin

Bitcoin - BTC
Team Quality
Info Quality
Track record

Review Date: October 27, 2019 21:59:01

What can I say? The most disappointing project in crypto. Nobody cares about anything except the price anyways, and the developers get credit for being amazing even though their credentials outside of bitcoin are mediocre at best. At 3-7 transactions per second and a halving of the subsidy around corner, BTC either needs exponential growth in users that it cannot service OR it needs exponential growth in transaction fees that it cannot sustain because of the arbitrary limits. Meanwhile, it’s been taken over by communist propaganda of the UASF “Raspberry Revolution” whereby a bunch of no-hash nodes govern the hashing nodes, even though with all of their eyes on the network, they couldn’t stop a consensus change with their home nodes anyways. But they play the role of the proletariat seizing the means of production from the industrial class anyways. While HODLbros beg for bankers to pour fiat into BTC, it loses more and more utility, but at least your Nokia phone can run a node for a chain that half the planet will never be able to afford to use! What a joke!


Litecoin

Litecoin

Litecoin - LTC
Team Quality
Info Quality
Track record

Review Date: October 27, 2019 21:49:00

Charlie Lee recently admitted that nobody develops the project because nobody cares. The LTC foundation has been broke for months, and they all lied to everyone blatantly about Litepay. Let’s not forget Charlie basically started the Bear market by creating a giant bearish engulfing candle with his massive sell order. On top of that, Litecoin was a low hash, low transaction volume blockchain for years until Charlie got a job at Coinbase, for his irrelevant project listed, then quit that job to “work on Litecoin,” then proceeded to very specifically NOT work on Litecoin. It’s a giant scam project run by a giant scammer.


Bitcoin SV

Bitcoin SV

Bitcoin SV - BSV
Team Quality
Info Quality
Track record

Review Date: February 07, 2019 18:35:04

To understand Bitcoin SV requires a deep understanding of consensus networks and bitcoin as a protocol. The facts: - BSV shares Satoshi Nakamoto's Genesis and the entire UTXO set in compliance with the bitcoin rule set. Meanwhile, BTC has endured an economics change and a governance change since 2017. - If bitcoin is to be sound money, it cannot be changed without a consensus of distributed hash. BSV adheres to this whole BTC does not. - BTC and BCH were separated by consensus of that distributed hash creating two chain tips of the same network that BOTH operate outside of consensus. Therefore either both are bitcoin, or neither are, if you understand that there can only be one chain with the genesis block and competing hash. - BSV split off of BCH in order to make its way back to the 0.1 rule set in order to return to the status of sound money that can be trusted never to change. - By the rules of distributed consensus set out in the white paper, there are 3 versions of bitcoin currently out of consensus. In order to "win," miners must either orphan or reorganize 2 versions into the main bitcoin blockchain. Until that point, all 3 are technically valid *and* invalid. BSV is currently mined by ViaBTC, BTCdotCom, CoinGeek, Squire, BMG, SVPool, Poolin, MemPool, Dpool, ProHashing, Dutch Mining and a number of smaller miners. Mining statistics will be updated here: https://sv.coin.dance/blocks For people worried about Craig Wright being or not being Satoshi Nakamoto, first of all, it doesn’t really matter if he is or isn’t. He’s just one guy at one company in the BSV economy, but before you write him off, consider the fact that he was outed by various sources against his will to his own personal detriment. Here's some evidence of being Satoshi: Email to Julian Assange in 1996 showing his membership in the Cypherpunk Mailing List: http://cypherpunks.venona.com/date/1996/09/msg01513.html Ian Griggs explaining the extortion of CSW for being Satoshi before the BBC broke the story: https://twitter.com/iang_fc/status/674722847160422400 Gavin Andresen's experience explaining how CSW proved that is Satoshi. Gavin Wright was handed the bitcoin project when Satoshi went into hiding: http://gavinandresen.ninja/satoshi Jon Matonis' proof of Satoshi: https://medium.com/@jonmatonis/how-i-met-satoshi-96e85727dc5a JVP explanation of meeting Satoshi: https://twitter.com/haq4good/status/727846103522017280 CSW signing with the Satoshi keys: https://youtu.be/5DCAC1j2HTY Another thing to consider is that outside of the development done by nChain’s teams run by Steve Shadders and Daniel Connelly, there’s big development work being done by miners like Mempool and CoinGeek and independent businesses like Moneybutton, Handcash, CentBee, Unwriter and more. Then there’s the third party businesses that are building atop the protocol to consider! Twetch, Preev, UptimeSV, Legally Chained, WeatherSV and all of the companies building apps to utilize the BSV blockchain. There’s so much action happening here.


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