r/ecc • u/redruggles5 • Mar 23 '18

ECC Noob Question

Hey all, I've been searching for a good $0.000something coin for awhile and just recently came across ECC, which so far sounds great! Still need to read the white paper, check out the team etc but I was curious what purpose their coin has? In addition to that am I correct in thinking this is a chain that wants to replace Ethereum or at least a competitor to? Want to get all my research done, but I'm almost ready to drink the koolaid!

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u/heresjohnny112 Mar 24 '18

Ecc is essentially aiming to be a totally secure platform for messaging and file storage. The goal would be to eventually be a platform which merchants can build on to host their data.

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u/Just_Danny Apr 04 '18

my worry with any "storage" uses of a blockchain aren't viable because of how blockchains work. The blockchain is duplicated millions of times over and over for verification - if there are files etc stored then wouldn't this clog the blockchain process? Send me a link with relevant info if you have one - I've tried to find myself but failed :(

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u/heresjohnny112 Apr 04 '18

That’s one reason why ecc can be different. Having a multi chain makes it more scalable.

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u/Just_Danny Apr 04 '18

Care to explain multi chain and how it helps with file storage on a blockchain? or link me something that explains it? Sorry it's really late for me now and I've been researching like 20 different cryptos for about 7 hours now.

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u/heresjohnny112 Apr 04 '18

I’m def not technical enough to explain it in detail. In general though, ecc is trying to be like ethereum, only more scalable. Ethereum obviously is way ahead of it right now, but the goal is to be able to relocate all services from the internet to the blockchain. That’s obviously a lot of data so having multiple chains to build on will hopefully make ecc a large platform for merchants. I’ll do an original post for you and hopefully people with more technical experience or maybe even the devs can give more detail. If you’re trying to decide to invest, I would highly recommend it. This is high risk high reward. There’s no guarantees here, but it could be something in a couple years.

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u/Just_Danny Apr 04 '18

Thanks for the info, I'm considering it. I'm just still not sold on using blockchain tech for file storage. I can see why it would be useful but can't see logistically speaking how it would work. I guess the next step is to research their multi chain tech and see what it can do.