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November 03, 2024, 05:50:33 AM |
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DeFi is still waiting for HIVE to go back to $3.00 each, etc. that Happened because of LinkedIn. Thats all it takes for this stuff to work.
Bitcoin, DOGE, and DevCoin.
Bitcoin was First, then Litecoin, BTC was SHA and LTC was Scrypt, the Reason it is called Litecoin is because Bitcoin had too many People mining it and ASICs were made by Butterfly Labs, kind of the Early days of BTC Farming, this is all about Hashrates, etc. the Higher the overall Hashrate is, the Less You make with a Laptop actually was the Problem, so the Economic Principle is that like as the Hashrate becomes kind of unnecessarily Higher in a what is a Capitalist, Competitive, System. The Hashrate goes up and those with Less get Less and Less and it becomes more Rare.
But Litecoin was made to Solve that. Then there was Feathercoin, because Litecoin was too Hard to Mine on a Laptop.
Then Everything kept getting more Developed and Antminer came out, etc.
And CryptoNite Coins came out, like Monero all taught on ForkNote. So these were made to be ASIC proof and the most that exists is I think its called Claymores GPU CryptoNote Miner, or something like that. Because before ASIC there was GPU and the BTC GPU Miners switched to Litecoin, then Feathercoin.
And so there was Bitshares in the background making Tokens on the OpenLedger Exchange, and they eventually Launched Steemit. Then there was a Feud with Justin Sun who bought Steemit, China kinda now runs Steemit, like the Universities and Things. Its also South Korean now. And the Bitshares People moved to HIVE, and BLURT was made, etc.
And so, that though is kind of where Everything is eventually going to be Platformed. The OpenLedger, and Steemit Frameworks. Hosting an Interactive Website with Transactions, the Blockchain does like 1,000,000 Transactions per Second. And the Social Media side is a Blog, so any Coin Creator should have a Page on these Blogs. And there should be more. There should be Twitter Clones, as Steemit is Supposed to be a Twitter Clone. China does Clones, they could be doing a lot.
But that kind of stuff is where a lot of stuff is going to Happen.
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