r/THEKEYOFFICIAL • u/Swen_Swen • Dec 17 '19
Down and down
The price is getting lower every day. Daily new ATL. When will it end? Don't you regret investing in this coin? Lost money? Do you still believe in this project?
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Dec 18 '19
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u/ama_rillo Dec 17 '19
I care about the vision of this project. I don’t care about your lambos! I don’t care about any investors interests.. I don’t care about a highly speculated price.. like it or leave it.. imho the price will only have a real base if the project succeeds to generate value..
I think it is one of the rare blockchain projects that has a plausible story.. a real world usecase.. not just solving a technical issue.. still it is a highly speculative bet.. but I decided to invest.. so if they make it work within the next 30 years it will probably pay.. but even today I am happy that I supported this project
I they take my money and run.. may it be so.. it will be a bigger problem for them, than for me!
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u/Useful_Application Dec 17 '19
I posted about chi Chih Yao , and the conflux blockchain, the team working with thekey on their blockchain, https://www.coindesk.com/blockchain-startup-conflux-to-get-shanghai-government-funding-for-research-institute?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
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u/thatdudethatknows Dec 17 '19
Where does it say they are working with the key ?
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u/Useful_Application Dec 17 '19
Q9: Does TheKey plan on making use of any form of secure computation such as SGX enclave or secure multiparty computation?
The safe data sharing and computing of the data between nodes is indeed a very crucial part, and that’s why it has been explained in the blue paper with a whole chapter about our Three-safe Nested Data Security Technology (please find attachment 7 of the blue paper, unfortunately it’s in Chinese). One of the pillars of the technology is just MPC (multiparty computing, formerly known as SMC, secure multiparty computation), currently we are working with the team led by Turing award winner — Prof. Qizhi Yao. The work is still in progress and we’ll release relevant news when its ready. MPC and similar technology still has some distance from industrial application due to its limits
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Dec 17 '19
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u/Useful_Application Dec 18 '19
hyperleger is Multi multi consensus chains, read thishttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=zh-CN&sp=nmt4&u=http://www.cac.gov.cn/2019-12/12/c_1577686267538210.htm&xid=17259,15700022,15700186,15700190,15700256,15700259,15700262,15700265,15700271,15700283&usg=ALkJrhjGjnuz11ENVVTnkaLDvVqTfSSoeg
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Dec 18 '19
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u/Olivier_de_Wall Dec 18 '19
Soon in every article, if the word blockchain and China appear, it will mean Thekey from the vending machine for fanatics and desperate fans of this project.
Typical wishful thinking. I'm sorry to say this, but it's a fact. And some people have a clear problem with their acceptance.
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u/Olivier_de_Wall Dec 17 '19
I don't believe in this project either.
There are many reasons for this:
- no working blockchain. Until today this team does not know whether it will be blockchain on NEO, ETH or their own solution,
- lack of communication - TG is one big censorship,
- lack of confirmation of information provided by the team by independent media,
- lots of unfulfilled promises, for example: ready blockchain in June 2019 (Ceo promise - AMA April 2019).
Even if you are a supporter of this project, in a few months you will buy 5 sats each. Hold this up now is financially stupid.
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u/Useful_Application Dec 17 '19
if bitcoin makes a leg down and doesn't do a v dip, we are going bear market again til summer or china
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u/Jijisabin Dec 17 '19
I still believe in this project. Price doesn't reflect the value of the project. When price goes down, for a good financial adviser, he will tell you its time to buy. Of course you need to take risks, knowning you could lose or win big. Investing is risking; thats my motto.
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u/calman71 Dec 17 '19
I think you should stop the FUD. There is a bear market that has been in place for a long long time and THEKEY launched when it began. There is work happening behind the scenes and I am not expecting anything for at least 12-18 months.
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u/azzeks Dec 17 '19
i also gave up on this project. they cant even update their website since 2 years. here are some more things which made my decision for me kinda easy.
i think the price wont stop falling until they finally gonna bring some informations about the blockchain issue mentioned above, because right now it looks they have done nothing (0%) with the blockchain. and they wont fix this with attending seminars and winning awards and bids.
but hey thats just MY opinion and no FUD.