One
Then there is a "darknet" and skywire native apps (where the data does not leave the skywire network). That is for higher security, corporations, specific applications. "New Internet".
The main skywire usage mode for normies, will be vpn/type proxy to nearest colocation center, so they can tunnel last mile internet from their house, to a fiber optic line at a colo, to reach the normal ip4/ip6 internet
Two
Question
how many skycoin fiber alts are still alive?
Synth
mdl.life is doing pretty good. And solar bankers coin imploded, but their product launched and they might have something working soon and have pivoted into NGO sector with some guys at the UN.
Three
1> all of the coins I know about and have insider information about are train wrecks
2> all of the coins I do not know about, do not have software developers are are scams
If you ask me to do a coin review, I will just shit talk the coin for an hour. I cant find a lot of positive things to say about anything in this market.
However, Bitcoin is going to do pretty well finantially; but at the same time core Bitcoin developers like Luke Jr have to get side jobs because Bitcoin cannot even find a way to pay its developers. Even while 65 million a week is being given to the useless miners (which are actually dead weight on the economy).
Synth Opinion about IOTA
IOTA consensus does not work and there is no way to do scripting as far as I can tell.
I solved the issues with using a tangle or DAG but without global trandaction rate limiting, there is inability to validate TX at the rate they are being created and there is no way to validate the global network state.
Skycoin may switch to DAG eventually or move some scripting or balances to "script spendable outputs" as an option. But right now it makes no sense.
As soon as network TX rate goes about the rate the TX can be validated, then the network requires trusted external validator nodes (like EOS) thar severely weaken the security and mske the platform complicated to understand.
So in Skycoin we decided to keep all transactions validated on the blockchain. Because security and reliability and ease of understanding and simplicity of implementation is more important than allowing people to spam infinite transactions per second that no one can even validate.
Synth admin, [Dec 14, 2018 at 7:58:21 PM]:
The government expands the monetary base by 8% to 10% per year, but government policy is to stop the price of all goods from increasing at the rate of monetary debasement.
So officially inflation is 4% but monetary base expands at twice the rate of monetary inflation, because of the government policy.
Goldman Sachs runs some parts of FOMO (federal open market operations; fed printing money to buy assets and rig markets).
And Goldman owns Circle and bought Polo exchange.
So I think ESF and FOMO are getting invovled in Bitcoin now, in the last year. The COMEX Bitcoin futures are also part of the finantial infrastructure for these types of market activities.
I was at Bitcoin conference talking to guy who sells Polo horses. And he sells dozens of polo horses to rich Chinese factory owners, presidents, heads of state, and Saudi princess, some trillionaire Arabs who own countries, etc.
And they use Bitcoin to buy everything now, becaues of OECD sanctions and restrictions. Anyone sasociated with royal family is flagged in some OECD database and cannot even send a bank wire without doing 40 pages of paper work.
So I think it will only be a little bit of time before these people start dumping $20 billion or $150 billion in treasury bonds for Gold, Silver, Bitcoin, etc
All of the Chinese factory owner are taking their over seas payments as Bitcoin and keeping it overseas also. Everyone from cell phone case factories, to people exporting steroids and automobiles.
The people who have a lot of cash flow have just been buying gold and burying it in the ground for decades.
This year, I have seen a lot of the infrastructure owners comining into the market and buying crypto. Expecially at the bottom. People who own aluminum plants, shipping companies, etc