Quote:
Originally Posted by Adreny
Thoughts on Golem and Augur? Golem brass update incoming and coinbase possibly supporting both in near future, could be some nice returns. I know they are very long term projects though.
I have a couple hundred dollars in REP. I bought it because I'm planning on using it when it comes out since I can't bet on predictit where I'm from.
GNT on the other hand is a big fat joke. Computer power is a commodity these days with razor thin margins. Short term, they are only trying to disrupt the 3D rendering market (which is like 200 million in sales) and I don't see any medium or big sized company trying this cloud computing thing when their data won't be crypted and the only upside for them is to save a few bucks.
OTOH, I like RLC (iExec). They are french with an academic background from Normale Sup. Normale Sup (ENS) is the french MIT. They regularly sprout Fields medals. The guys have been in cloud computing for ever and they have connections to China. Their vision is to make apps to run more complicated code off the main blockchain but still in a trustless way. Right now, a lot of apps cannot be run cost effectively on the blockchain because of the gas cost every time a function runs on the network. Despite that, I feel the risk / reward is still not nearly as a good as simply investing in ETH.
Last edited by BABARtheELEPHANT; 05-30-2017 at 04:43 PM.