I’ll give an example of one of the coins I’m currently looking at, by all means try looking into it and tell me if I’m somehow missing something.
The most cited person in Satoshi‘s whitepaper is on the team and one of the ceo’s used to be lead engineer for JP Morgan’s blockchain prototype and the lead for the SECs crypto steering committee, the other ceo was also at JP and directed the emerging blockchain group and also has 15y experience in building trading systems and exchange backbones, CTO of the haskell foundation is also on the team and then people from microsoft and google who worked at distributed database systems. Not saying this to sound like a shill and imply they have connections, but to show that they actually know what they are doing.
Mainnet has been live for quite some time now so no vaporware shitcoin like most layer1’s, they can do 480,000tps. They’ve also improved upon smart contract languages with Pact that already contains all of the features that other projects say they will develop eventually, It’s so easy to read and write that a technical lawyer can reliably program his smart contracts with a little practice just like he could learn to manipulate data in Excel, formal verification which is invaluable when you are dealing with critical systems i.e. those that handle a lot of money or play a key part in infrastructure, Turing incomplete (prohibits recursive function calls, unbounded looping and variable reassignment which eliminates the potential for exploits that have ravaged EVM languages by design), upgradeable contracts whereas Solidity contracts are final and require proxy contracts etc.
but turns out it’s a 40MM mcap.
How come? And how come no one is going to reply to this post or even care about anything I just wrote.
You people just buy literal vapor like iota or ada instead.
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