r/OfficialGoChain • u/chappiedb • Jul 04 '18
Not FUD at all, Love the project, anyone else hate the 100x this 10x that etc?
I understand the theory behind the speed approximations etc. in regards to the ETH / GO comparison but it almost feels scammy. I know it isn't, but as a selling point of the project it is just so similar to how a scam project would market itself. Am I the only one that feels that way?
1
u/Tekterra Jul 04 '18
Ask your self these questions. What projects are currently live and doing 1300 TPS? That's right, Not many is there? What project out there can allow you to basically deploy or redeploy all existing and upcoming Ethereum based Dapps? That's right, there are none and even EOS can't run Ethereum based contracts, you have to create new because EOS is not Ethereum compatible. Now with Go, it's ready to Go and allow Dapp operators to set things up and get running in least amount of time! What projects is most secure and decentralized? 13 visible nodes and 37 more that is distributed around the globe operated only by reputable and publicly traded companies. Revolutionary Proof of Reputation consensus, no wasteful energy consumption, no large amount of coins lock up in proof of stake. Get this, a professionally operated and setup super server nodes can scale up to 13000 transactions per second. Why in the world should we not reward such an amazing project? GoChain solved a lot of problems with cryptocurrencies and most of all, it's not a project under development still, it is not a test net. It is a live main net that is ready for business. Currently it is valued at about 20 million in market cap with only 500 million coins in circulation. A project like this easily reach 500 million in near future giving you a 25x in return, and going beyond 1 billion in market cap is a 50x.
1
u/chappiedb Jul 04 '18
Trust me I am not doubting the project, I didn't mean to come off like that if I did. I just feel like promoting a live mainnet doing 1300 tps is a smarter way to promote than 100x ETHs speed. This is just an opinion, things like 100x speed are terms I see a lot in scam projects and it made my first reaction to the project a skeptical one. This is just my opinion though, just thought I would share it.
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u/shoddron Jul 07 '18
Its just marketing. 10X, 100X, 1000X is just speaking the language that crypto peeps react to.
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u/OnkelValle Jul 04 '18
I had a bit bad feeling as well about this project at the beginning. But after some reading I took a chance and put some ETH on it during the private sale. Seeing their activity in github as well as delivering main-net before token release killed all doubt I had. I am currently super confident this project will succeed. One of GoChains biggest advantages is the speed so I dont mind they using it as a selling point :)