follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Phu Juck

Pages: [1] 2 3 ... 6
1
I don't know about any amount of big projects to be launched anytime soon.
Most projects are already established and for new projects, it is really hard to score points because we already have so much existing projects.
Can you enlighten us, which projects are starting to be launched, OP?

2
Scam is still a really big problem in my opinion.
When we have a legit project, it seems to me, we have 10 more projects to be illegitimate or even outright scams.
Many people are still falling for very easy to spot scams and we need more education here to avoid scams.

3
Litecoin Forum / Re: Do you guys think Litecoin is worth buying now?
« on: April 14, 2024, 05:56:24 PM »
I'm not sure because Litecoin has really lost fame a lot and Litecoin is not a top Altcoin anymore because it is dropped out of Coinmarketcap Top 10 coins.
Once, Litecoin was called "digital Silver" but right now, Litecoin seems to be a forgotten coin.
It is stil a little bit famous but not much anymore.

4
Litecoin Forum / Do you use Litecoin for cheap Transaction Fees?
« on: April 14, 2024, 05:54:27 PM »
Simple question because let's today see if Litecoin is still a helpful coin for daily transactions due to low transaction fees compatretd to Bitcoin and Ethereum. 
Do you use Litecoin for cheap Transaction Fees?

Yes
or
No?

5
MyEtherWallet / Re: Is MEW The Best Wallet For Erc20 Tokens?
« on: April 14, 2024, 05:04:23 PM »
Yes, it is and I have created a post about it here, what's important when crating a MEW wallet: https://www.altcoinstalks.com/index.php?topic=206897.msg1155244#msg1155244

6
MyEtherWallet / Re: Always use MEW paper wallet and generate offline
« on: April 14, 2024, 05:02:13 PM »
To update my post, here's how you can download MEW from GitHub: https://github.com/MyEtherWallet/MyEtherWallet/releases
It's official MEW GitHub Account.

7
Earlier, I have had a much more positive view about Altcoins but when reviewing opinions of computer scientists, coders and developers, it looks like Ethereum can’t compete against Bitcoin at all.


In an earlier topic I’ve already listed important characteristics why Bitcoin is an advanced and safe coin:


1. Bitcoin is well reviewed

When Bitcoin was invented, it was set up to be a big security. Hacks should be impossible and get prevented by good code. Bitcoin attracted and still has a very large community of really educated developers.
Bitcoin has a very reliable coder community, where flaws will be detected early before implementation and no risks are being taken. Many much smaller coins have a very flawed code review process.
A large and educated coder community reviewing code during testing times is an important advantage for Bitcoin.

And luckily, it saves us from possible hacks, when hackers are prevented from detecting flaws faster because all flaws are removed before implementation.
We have seen so many hacks, where a flawed code was exploited and people lost money, like for Altcoin cross chain bridges recently or when Terra Luna failed.
Still, people are buying coins from unreliable coders like Tron from Justin Sun or even weaker DeFi coins like Acala Stablecoin from Polkadot’s supplier Web 3.
Unfortunately, some people will only learn after a loss.

Some coins are very centralized and have a single point of failure like Solana, when it was down several times or devs have much power like in Binance Coin or Tron.
And DeFi coins can easily print some more coins / tokens into existence.
Bitcoin is having a big advantage here.



2. Bitcoin has PoW

It is big controversy for a long time, if a coin makes PoW or PoS, like it was for Ethereum [ETH]. Not for Bitcoin because Bitcoin developers have decided PoW is best because of security. From what Experts have said so far, PoW is very hard or almost impossible to compromise instead of PoS, where more attack vectors can be found. Like Corona, we should trust mayority of experts who have education and experience in an issue. Satoshi implemented PoW not PoS because Satoshi knew. He was very experienced and called it right.
PoS can be abused by rich stakers and makes a project centralized in many ways like premined coins and devs can create much influence by staking a large amount of PoS coins. PoW is not having such issues.




3. Security is Bitcoin’s priority

As for a safe cryptocurrency, security standards are very important. First point, we need security standards and Satoshi implemented it right himself, when he developed Bitcoin. Early Bitcoin developers added more security standards. Second point is after some time, to NOT remove such security standards. First point and especially second point are relevant to many Altcoins, which is a big issue for Altcoins.
Many Altcoins don’t offer anymore to create private and public keys to prove ownership of funds and access it. It is very concerning and seems mind blowing to many experienced coders.
For example, when creating a Solana wallet or similar new Altcoins. Altcoin developers are not focussing on security.
Or even MEW is bitching around more and more every time going away by implementing insecure patches. We need to have our private key offline.
Many Altcoins are leaving people vulnerable which is very concerning.
Bitcoin is better like Electrum for example. Its design is not so nice but Electrum is good tech and recommended by many experts.

Bitcoin is still having very high security standards today because of Bitcoin does not want to build a hype coin, Bitcoin wants to build a safe coin.
It is our duty to select a safe coin instead of an unsafe hype coin.







But now, a direct comparison to Ethereum should be drawn because it’s also always an opportunity when someone has bought Ethereum (or a different Altcoin) and he wants to have arguments for or against each coin in direct comparison.
In such cases, it is all about an accurate research and argument and also for education for us to really know a fact about fundamental differences between Bitcoin and Ethereum to get a direct comparison.
Maybe experienced members can elaborate a list of valid arguments, especially for such points, when comparing Bitcoin’s and Ethereum’s fundamentals:
- developers of Ethereum have too much power
- nodes and miners in Bitcoin vs. nodes and miners in Ethereum
- Ethereum code changes can be done much easier compared to Bitcoin
- Ethereum history vs. Bitcoin history (which coin is more stablished)
 + more points of importance


When someone is asking me or I need to explain and compare fundamental differences between Bitcoin and Ethereum, I would be happy to give a good explanation, why Ethereum can’t compete against Bitcoin.
I’ll be happy to see your answers, read and review it.  :)

8
Cryptocurrency discussions / Re: Are you buying now?
« on: April 14, 2024, 04:26:06 PM »
I would not buy right now, market seems to be a bit overheated after Bitcoin made a new all time high.
Most likely, Bitcoin will be tempted to recede a bit and re-test a lower support mark, where we can buy again a bit cheaper.

But it is only speculation, of course.
Prices can go up even right now, we don't know it.

9
It is never a good decision to share your personal data because of hackers.
You can be hacked more esily when someone knowns more about you.

If you can avoid sharing your data, you should avoid it.

10
DeFi tokens / Why Yearn Finance [YFI] is so undervalued?
« on: August 15, 2021, 08:16:53 PM »
Do you know, why Yearn Finance [YFI] is so undervalued?

Currently, it is only Coinmarketcap place 79 and very undervalued for what Defi is in general expected. Yearn Finance was developed as a Defi project by Andre Cronje, like Satoshi Nakamoto invented Bitcoin, making Yearn Finance a Defi original coin: 



Andre Cronje made a big invention when he invented Yearn Finance before Defi got famous. Andre Cronje has written such a good code to enable a decentralized finance.


Why do you beleive it is so undervalued?

A few reasons:
- Before Satoshi invented Bitcoin, no coin existed
- Yearn Finance is currently very undervalued because many shit Defi projects are doing a better marketing.
- A low Market cap position makes not many people find Yearn Finance
- Defi is more high risk, Bitcoin is a solid coin
...

Maybe more arguments exist.

11
It is a big question for our coins: Will we see again a bull market soon or will we see a long bear market again?

Right now, a bull market again is still possible because Bitcoin has still a high price.

And an expert confirms a continued bull market: Emin Gün Sirer, CEO of Avalanche, says "Yes" in an interview of an publication at Coin Telegraph, a very important Telegraph for coin articles (like Medium but Coin Telegraph is a corporation for publications). Emin Gün Sirer will expect a bull market again soon, starting already in October.

If he is right, it would be huge!
Emin Gün Sirer has made predictions previously about coins and he was right last time, maybe he is now right again. His experience from Avalanche and Defi is very professional so maybe he is right.

What do you expect for market trends? Will it be a bull market again or a bear market?

12
Does NFT DeFi would be the next trend of cryptocurrency?
I beleive most NFT will have no use case because people will forget it.
Maybe Axie Infinity will stay relevant because it has a game but most NFT are just useless pictures sold at hype price.

13
The idea of saying that BNB token has a bad developer is wrong.
But it is true, BNB has no good devs. If you say it has good devs, plese say who it is. Bitcoin has some good devs like Peter Wuille, Ethereum has some good devs like Vitalik Buterin and some more good coins have also good devs.
Yes, Binance has a good exchange, but not a good coin.
Binance coin is very bad tech, it's fact. Every experienced dev will confirm BNB is a bad coin.


The idea of saying that BNB token has a bad developer is wrong. the owner is rich and super rich enough to pay developers any amount it takes to build a solid platform. his is doing it and his exchange remains one of the best and solid platform with little or no idea of hacks. same can be said of Tron. both owners has enough to pay developers.

That's what the OP doesn't understand, or doesn't want to understand, the different ways to have good code.
It has no "different ways to have good code". Good code is produced by good devs. Just look at Defi hack of 600 Million dollar, it was a very bad code. Such incident happens when a coin has no good dev.


The idea of saying that BNB token has a bad developer is wrong. the owner is rich and super rich enough to pay developers any amount it takes to build a solid platform. his is doing it and his exchange remains one of the best and solid platform with little or no idea of hacks. same can be said of Tron. both owners has enough to pay developers.
If @Phu Juck believes that only programmers can create good projects, he has a lot to learn.
You have a lot to learn. Developing coin is no free time job done by scrypt kiddies. Good code is computer science!

14
In my opinion bitcoin needs to improve nowadays because we don't want to pay high fee and also slow transaction but the dev of bitcoin abandoned it so there is nothing we can do, still bitcoin is a good coin it gains popularity and also ethereum. I don't agree with your opinion about the two bad coins that you mentioned, if those were bad coins the volume should be low.. binance and tron are good investments.
I agree, Bitcoin needs to improve because it doesn't support Defi.

But Binance and Tron are very bad coin because of bad tech and Binance and Tron are not decentralized. If you really want to buy a platform coin for Defi, I can only recommend Ethereum and Avalanche because it is always important to have a decentralized project where very professional devs and coders are active:

When you exchange your valuable Bitcoin or Ethereum for a different alt coin, you really need to research which devs are behind it.
It is very important because devs are making a project successful, or if it’s a bad dev, can make it fail.

A good dev should have huge knowledge in crypto, coding and computer science because he needs to achieve a secure and fast blockchain. If he does not make a good code, such platform can be hacked and coins will be lost and lose value because of price dump.


Dev examples of good coins:


Ethereum [ETH]

Ethereum is also very famous for good code and huge achievements. Behind Ethereum are great devs like Vitalik Buterin and Joseph Lubin. Vitalik Buterin is very wise, a great computer scientist and coder who has shown his skills in Ethereum and is developing Ethereum 2.0, a huge coding network.
Ethereum has really a great team of devs.


Avalanche [AVAX]

Avalanche was invented by Emin Gün Sirer. He is a really famous computer scientist and has a huge reputation as a professor at Cornell University in America. He has written so many academic research and gained a lot of knowledge which lead to his invention of Avalanche. At Avalanche, also Kevin Sekniqi is a dev, who is also a computer scientist from Cornell University in America.
Avalanche devs are really scientific and have achieved so much technical code.

15
Yes, but coding is extremely important for a project. If a project does not have a good code and people don't know about computer science and how to code ideas and features into a coin, such a coin will be fail like for example Tron Coin.
Each coin will be evaluated for features, robustness, security, scalability and decentralization and if team members don't know about computer science and can't code, it won't have a good result for techical details of a coin.
Developing a revolutionary coin requires so much skills and only really good devs will achieve it.

According to your OP, you say that BNB and Tron are two bad projects. Could you tell me why in your opinion they are bad?.
Yes

Are they bad because their CEOs can't write code?. There are many people who contribute Bitcoin and they are not people who write code, without those people maybe Bitcoin would not have gotten to where it is now, and we can say the same about Ethereum.
Tron and Binance are bad because it's bad code. If you really ask a professional computer scientist like devs from Bitcoin or Avalanche, Tron and Binance are very poor quality code. It is like when you have built a house for cheap but later you see parliament building, it is a very big difference.


I think your argument is too shallow mate, how could you say that Tron and Binance are bad when in reality they are the two of the top-ranking cryptocurrencies in the crypto space today?
No, my argument is valid.
Tron and Binance are made of very bad code, it's really a very weak project.
Tron and Binance is only ranked very high because of market manipulation and fake marketing lies. Tron and Binance have a lot of money to spread fake marketing also against competitors. But some time, marketing money will disappera and bad code projects will suffer a lot.
It always needs some time to weed out bad projects.


The devs are playing a very important role in the success of any project, since what we are actually dealing here in the world of cryptocurrency is a bunch of programs.
Yes, you are right, dev is very important for a project to be successful. Projects will get more challanges over time and when only a bad dev is hired, low quality projects will get huge issue.


When we are at a bear market now, it can be more likely for really good code projects to survive and have less price loss.
And in addition, we will see many new features developed by experienced devs and coders like Defi and NFT was invented recently.

I know several cryptocurrency developers, one of them uses the Tron ​​chain for his project and another uses the BSC chain. Although the code of a project is important, the most important thing is the team as a whole. Tron and Binance is only ranked very high because of market manipulation and fake marketing lies?. Binance and Tron work with lies?. Or through use cases?. With all due respect, you don't know what you're saying.
Binance is not a real Blockchain after Satoshis definition. As for every Blockchain it should be a censorship resistant peer to peer transaction platform. And Binance is not censorship resistand because of its code. It can be seized of Binance by low effort.
And Tron is even worst compared to Binance. It is run by Justin Sun and he is known for his lies when he accused Vitalik Buterin from Ethereum strongly. Justin Sun is a big con artist who has been exposed for his fraud lies.

I don't know why your devs have build on Tron or Binance because it's very damaging for each project, maybe you can look at Avalanche (https://www.avax.network/developers) when you need fast and cheap transactions.
Avalanche is a real Blockchain after Satoshis definition.

If you don't need fast and cheap transactions, Ethereum is still a very good Blockchain.
Ethereum is also a real Blockchain after Satoshis definition.

Pages: [1] 2 3 ... 6
ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod