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Strategies & Market Trends : Blockchain and Cryptocurrencies

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From: Graystone	10/7/2018 9:29:37 AM
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ETN at 360 satoshis or 80.5 BTC Volume ETN looks like it is getting ready to move up again. I wish I could give some insight beyond the fact that the API must be doing well. The ETN blockchain was a real btch when it was first released, it just kept crashing and the wallet was constantly in maintenance. The adoption of cryptonight ASICs has really helped the blockchain move forward but there are still scaling issues, scaling issues affect every blockchain at present. Casper is a plan to move Ethereum to POS but it might not happen. Even if the blockchain uses a consensus algorithm the mining power required to make DAPPS work well isn't there today. ETN sat at 300 satoshis for awhile after making a clearing run up past 400 satoshis. There is a fairly easy path to the 400 area but nearing 500 lots are still really really big. The price increase will draw more mining power to the ETN blockchain. I just traded my son a 1070 for a 1060, he was thrilled. The 1060s are giving me around 20MHs on the ethash algorithm (I don't overclock Nvidia chips) and the 1070 was giving me around 28MHs. The problem is the 1070s just don't seem to have the constitution of the 1060. I mine UBQ, a fork of the Ethereum blockchain that runs it own independent blockchain. It has a smaller DAG, it will run on 4gig cards (for the next few years anyways), it has a consistent 88 second block time and several other ERC20 compatible tokens exist on the Ubiq blockchain. Ubiq has no immediate plans to take over the world or become the world's leading (put claim here) cryptocoin. They do have a functioning governance system that allows Ubiq holders to vote n the future of the cryptocurrency (see Escher Art Tokens - ESCH)

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