New WBTC Token Could Be Good And Bad For Ethereum

neoicarus (51) 6 years ago

2018 has been an interesting year for crypto

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yes2crypto (49) 6 years ago

Hello, liquidity and adoption. Goodbye, scalability.

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cdmgbor (38) 6 years ago

I thought a lot more projects would have migrated from eth to EOS by now. I wonder if they are all waiting for the easy teleport feature or resolution to the governance issues (REX).

Based on the number of projects struggling with throughout on ethereum, I expected more migrations by now.

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gbcryptotrader (47) 6 years ago

Thanks Chris, another educational show. Why not just "tokenise" BTC using EOS. Faster, cheaper than using Ethereum - exactly as you say!!

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alexanderhoehne (51) 6 years ago

Good question. Every new development has consequences. Some for the better some for the worse for once portfolio or strategy. I need to think a bit more about this. Thanks.

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truthrevolution (47) 6 years ago (edited)

Your thumbnails are getting more funny! Thanks for the info! Peace!!!!

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bitcoindollar (62) 6 years ago

Crypto currency would be good in every run , long short and medium term I am with you

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camendes70 (57) 6 years ago

Any new experiment is good for all economy as it brings new models to 'experiment' and see how the markets fell ... also having any 'smart-contract' like will become able to duplicate this WBTC concept on any other chain having those ETH smart-contrasts processing capability's like ( EOS, NEO, NEM, ARK, ... HTML, WORBLY and so on and so on ... ) ... migrating tokens between chains would need all inter-chain trust so 'shEOS' project would create tokens in specif 'time interval' building an Big picture "Inter-Blockchain-Consensus" feeling?! a different trust applies for atomic swaps (but time related anyway=instant) that tokens/coins just jump/change owner wallets on the same side of one of the blockchains; and token holders and exchanges agreeing on all this timed consensus "risks" of double-spending in all the chains involved.

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boatman (36) 6 years ago

more stable coin stuff. interesting. I do like the EOS thing

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conscious.earth (33) 6 years ago (edited)

That's a fascinating thing that WBTC is proposing to do and could become a good model for how coins from various popular chains could be used on the newer innovative chains, such as EOS. It's interesting that some of these projects put these coins in "cold storage" while others put them into a "black hole". What do you see as the advantages / disadvantages of each?

A last thought re the quintric, it's interesting that it wasn't on bitshares as a tradeable coin - I've seen Stan Larimer @Stan promoting it on @BlueRockTalk 's show (and @Stan calls himself the "godfather of bitshares" - which, I think, means he's a major witness/BP and innovator for bitshares). Could it be that there's just not enough circulating volume of the quintric coins yet for there to be trading pairs on bitshares? I don't know how all this works well enough to fully understand this - which is why I will likely take some of your courses when I have the time to devote to them :-)

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