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Leicester

šŸ‘¤ Speaker
1280 total appearances
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Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

yeah it's not really ready but we're just going to party and celebrate that we hit this pinnacle and then people started dumping off the project why i told all that history of 2021 mask of safe moon mask of saitama these were very important at the time of what was the next

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

vision for some of these projects to try to change the game changing how you control these assets and use them to work and interrupt with all these other blockchains and all these other tokens rather than and it's kind of a lockup pulse chain just used its blockchain shiv just uses blockchain these used a wallet concept

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

So now back to the question asked back to the question at hand, somebody wanted to know, well, what do you think about this so-called super application as described?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

I heard what was described the super application as described.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

The only difference between what I heard of the super application versus safe moon wallet is allegedly the X one mining being wrapped into it, that there would be a mining concept to mine these.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Well, I want you to think about this very seriously.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

First of all, we know it's a proof of stake chain.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Okay.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

So we know there's not true quote mining.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

It's not really a mining.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

It's really a staking kind of thing.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Fine.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

But again, it's got to have some value.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

The value must come from being paired to liquidity.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

The liquidity has to exist.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

It doesn't currently.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

So that application is only as good as the liquidity that borns it or that supports it.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

And if that's not there, what are you really transacting?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

So do I think that they can pull off what they say?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

I think you're going to be able to do something with your coins because they control the blockchain.