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DAPS, NCP, ENV, PCN and a few others unfortunately.
Htmlcoin, PCN, DAPS, PRCY, and so on......
DAPS Decentralized Autonomous Penal System What could go wrong
Peepcoin / DAPS. Technically not a scam, possibly not even a rug pull, as far as I can see, because from my recollection the dump was due to sheer incompetence, not even intentional. Thankfully didn't lose much, as I was able to sell most on the way down. Actually still have some DAPS in the wallet but currently the blockchain is stuck and the remaining team hasn't got any devs to make it unstuck, so I am just keeping them for old time's sake. There are voices though that say the whole thing was a scam. Here is an opinion piece on it, I can't speak to its veracity though https://hiveblocks.com/dapsx/@dapsx/disclosing-daps-token-scam-scheme
No need to wait until 2024. You seen the price of gas? Fiat is halving its value much faster than than BTC or ETH. Plus if you look at ETH consensus site it says that the merge is equivalent to a triple halving, thats 2x 2x 2x or 8x. With NFTs, smart contracts, DAPS, and being a world computer, plus with its triple halving just around the corner in August to October - smart $$$ is on ETH. *Also, blah, blah, blah, not financial advise, entertainment purposes only.*
So. Eths biggest issue stems from gas fees. If 1 transaction on ETH is a car on its highway. 1 Loopring transaction is a BUS as Looprings protocol merges many different transaction together as 1. This saves you gas as the cost is spread across multiple people. https://l2fees.info/ shows loopring fee relative to eths main net. As well as the other existing l2 solutions. This grouping of transaction also allows for higher tps. Then eth can do otherwise. "Loopring protocol can settle up to 2,025 trades per second while guaranteeing the same level of security as the underlying Ethereum blockchain." https://loopring.org/#/protocol Oh and the ETH DEVs work closely with loopring devs alot. The GameStonks wallet is built using looprings protocols. Meaning any further development on the loopring protocol will immediately be available to Gamestop wallet down the line. This includes the soon arrival of l2 smart contracts and l2 DAPS. Which will be big imo.
It's a risk, coins can be just gone. It's a lie, that the ADA never leaves your wallet, and it cill stays staked, SMH. That turned out to be a big lie!! Bigger then the 1000 DAPS, IMO
What it is for me is understanding really what this all means at it’s core. Lots of people talk about early adoption and DAPS and DEFI and how many trillions of dollars pass through financial institutions. Im not saying crypto will definitely capture everything but also in a way, it can’t not eventually do that. Sure we are talking about 2050 or later here, but now how the internet has permeated damn near everything, it seems impossible that this new cryptographic methodology wont infiltrate just about every industry. Most of the coins we see today may die, but every industry and industries we don’t even know about yet will incorporate some form of cryptographic token or distributed ledger. There’s quadrillions of dollars of wealth in the world in all sorts of different forms. Current market cap of crypto at 2 trillion is still peanuts. But it will always be a long term hold for future use cases. Not dollar profit because the goal is to eventually make dollars obsolete.
I say DAPS. I'd say "Dee-apps" if it was "d'Apps" but it's not though so I say DAPS.
Do you say "dee" apps or "DAPS"? ...I say "dee" apps 🤷♂️
because bitcoin since it's limited in capabilities is a simpler asset, wealth is already in there and so is more solid. Ethereum is not inferior to ANY cryptocurrency, and the fact that it's more costly to run transactions is due to the fact that there's already SO MUCH that runs on it. Smart contracts and DAPS are running on ethereum on a schale that can't be matched by other currencies, which "solve" the cost and speed issues of ethereum by limiting decentralization often to a point where there's litterally no reason to prefer that blockchain over a bank server. Of course there are a couple of promising blockchains which can afford to experiment stuff a little bit quicker than ethereum and that's mostly because there still very little money running on it, so there's less risk in changing them on the run, and their developers have no promise to keep to the investors. Like ethereum has as it's the only cryptocurrency which really tries to make it as decentralized as it can be while being stable and safe for people's wealth.
Hello there I’m a shill! Why not DAPS recently moved to a DAO and has decent fundamentals, also dirt cheap and doesn’t move
Ok silly question but if i'm not wanting to access DAPS but want to do things like exchanging my ethereum to a different ERC20 coin or send it to other wallets i'm assuming this isn't what this is used for? I still don't quite understand what a layer 2 solution is doing. Am i just converting my eth to MATIC on that network and paying for stuff with that sort of like xlm?
Do investors or users of networks only join a fully finished project? Or do they front run the technology to capture the best investment price they think is possible? ETH isn’t even finished nor is it working properly. Yes, DAPs have been created on ETH, but those DAPS will also be migrating to Cardano. If ETH is so complete, what is ETH 2.0 and why is that happening? Your logic and your argument is not of great thought or insight. You are choosing to be against something because you are for something else that is similar. All of this makes sense. Just because you don’t have the technical or financial background to understand why it makes sense, doesn’t mean it doesn’t. You are only hurting yourself by choosing to be close minded versus open minded about something. You are doing yourself a disservice. I strongly recommend you work on how you analyze.
I'm a big fan of your tech and great progress on-boarding work with all other DAPS and chains. Image shows your ecosystem so far: https://docs.harmony.one/home/general/ecosystem Can you talk about the XONE token (Harmony ONE wrapped token). When I stake with you to on top of SushiSwap, I can get XONE tokens? What can I do with these tokens?
Really wondering how far can ETH go. The sheer ammount of DAPS is amazing and growing by the day. Just hope ETH2.0 comes soon and smooth
Does it only work with BNB? I only have LTC at the moment. I've transferred some to my Trustwallet, and it shows on the main menu, but when I go to Pancakeswap through the DAPS menu, and connect my wallet, it shows my LTC balance as 0. Does it just take a min to register or what?
I use trust wallet. Under DAPS go to uniswap. You need to use ether but I would wait until early morning 3-7 am because there is a lot of trading right now so the fee to purchase with ether is outrageous. Those are the best times to purchase. If you get lost you can yourube it.. there is a step by step guide. Daps are how you get coins early prior to listing on major exchanges because getting listed like with Shiba multiple price.
Hey hey hey I started 6 months ago but I've made shit posts, and took in soooo much information. So much info that I realize how little I still know. Just never stop learning in crypto. I've set realistic expectations, learned defi/dex, LPs, all the crypto/stock tax implications, how crypto works, POS,POW, NFTs, DAPS. Just so much and it's all great
Cycles my man. Plus, Eth and BTC exist in very different spaces. I get they both look the same now, but their targeted outcomes couldn’t be more different. Eth is a DAP platform. Eth is like its own company, share (in terms of stock market), currency and application all at the same time. Eth as a currency is really only supposed to be a “currency” inside of the above ecosystem. I would never want to spend it on a good or service outside of that eco system. BTC was designed to be a currency. A trust-less banking system if you will. It does not host DAPS, its value is scarcity and its ability to transfer value safely with someone you don’t know directly (cut out the bank). I would and have used it for goods and services outside of just buying other crypto’s. But it’s actually emerging as a great inflation hedge and is more akin to Gold in terms of scarcity driving value, but it’s mechanism above is the same. So so so so different. It’s like saying Apple Computer competes with Bed, Bath and beyond or Taco Bell Just because they are all on the stock market. We must dig deeper to see this is an economy and there is room for a lot of them :). This is my opinion and I’m an idiot, but I hope I answered your question :) BTC
Here's the EILI5: Ethereum is a decentralized network that allows organizations to build decentralized applications (DAPS) and decentralized exchanges (DEXs), along with smart contracts, NFTs, and many more. ETH is the token used to pay the fees associated with operating on said network.
4/29 Africa Project Announcement. August Mainnet launch with smart contracts, DAPS, Dexes, ERC20 convertors, DEFI financing..... Good things take time. You said yourself 2017, it has been 4 years. It takes most companies 8 to even turn a profit. Look at Uber or Amazon. if you don't have the patience to wait for something done right, settle for ETH. It is already established. I hold and love ETH, but the network has been a sluggish mess with expensive fees for the whole bull run. Have you tried using uniswap lately? You have to ask yourself about 2025. How do you think ADA will fair in 4-5 years?
Eth is the new internet Web 3. It's not going to be a currency for long, but continue to expand its ecosystem that hosts DAPS and Defi. I think Dogecoin has more use as a currency.
Oh I know exactly what people complain about. They halted trading to stay within liquidity requirements. I have no problem with that. Believe what you want, but there was no logical reason GME moved like it did and if all the OTM calls idiots were buying in mass fired the exchange could have had to halt all trading until liquidity was equalized. That would have f’d millions of traders not just a few thousand holding GME because of a cartoonish subreddit. Also don’t have a issue with their crypto practices. I strongly believe in “not your keys, not your coins” but I’ve also helped 3-4 dozen people take their first steps into crypto and although the barrier to entry to the space doesn’t seem that difficult to most of us, some just struggle with it and I recommend RH for ease. If they take the next step from there bravo to them. Let’s be real though... 99.9% of us are in crypto to make $$. Yeah we talk about decentralization, DAPS, projects, and BS utopia but ain’t no one giving all their coins away for free. Those dollars RH gives when you sell on their platform spend the same as the dollars you get selling on an exchange. (Without Fees).
Before you start yelling from the mountain tops "Its happening" with arms raised over your head in joy..... Goldman Sachs, Morgan Stanley, Jp Morgan.....F-ing \[insert any of the most bloodsucking white collar criminals in the entire world\] getting involved in crypto might seem great. Hey the whales are coming...just that these aren't whales, these are leviathans. When they get involved, they will control the market. Pump it when they want, and dump it when it suits them. Do they care if XYZ coin is adopted to help people around the world, do they give a flying shit about ETH scaling, DAPS, or decentralized systems. They are the centralized system that crypto and this space has tried to free people from. Slowly, then surely they will find a way to fuck the little guy, like they have done since the beginning of the century.
Oh yeah well my 100k DAPS bought at 100 (give or take) is worth .03 cents. Bought to delete them from my metamask