What does user think of DOT?

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Unironically buying at $5 is still early, barely anyone is talking about it’s potential yet, this will be on cuckbase and mex, reddit aren’t even all over this one yet either, they’ll start screaming about it at $20

well played user. i will follow in thy footsteps.

I was told to wait two days and buy a dip @ 4.5

Think it's going to continue scaling from here?

Meh, market cap is huge. This will top out at $15

Great founder, obviously. Won’t be the foundation of the new internet, that role has already been taken by Quant Network Overledger OS. Both will work well together, so that’s not a criticism.

Gave it a miss at 3 waiting for a dip on the advice of other anons. Good on me. One day I'll learn.

If buying DOT at 5 bucks is a deal, buying QNT at a fraction of the market cap is too big to pass on

>infinite scalability
We already know blockchains scale like shit, but the polkadot solution to scaling is to just add more blockchains? This is just technobabble meant to confuse people. Same shit with eth 2.0 sharding, all they are really doing is making it harder to verify when it is already too hard. The entire point of a blockchain is difficulty l auditability. They trade in trustless and decentralized for "scaling" and act like they solved something. Might as well just use an sql database at that point, but you don't get hundreds of millions of VC dollars for that approach

This is just technobabble meant to confuse people.

"Smart contracts are technobabble meant to confuse people. Vitalik is just a scammer."

- you, 2015.

What I love about crypto is that the big brains make it big at an accelerated rate. Its almost eugenics.

Someone who gets it. Polkadot, although cool, cant scale as Quant Network has been proven to. They don’t add yet another blockchain in the mix, they take an entirely different approach to interoperability without the bottlenecks

Did I say anything about not buying it? I have eth too, but long term neither coin is viable. If you just shove as much shit as you can into a blockchain you will centralize the fuck out of your coin. At that point there is no difference than just using a normal database. Neither of these can actually scale properly while still maintaining decentralization but that doesn't mean they won't pump in a bull cycle. The key to all this shit is to get in then get out again. Someday we will have actual true scaling, this isn't it

Psst. hey you, yes you there.
You want an unshilled coin that's gonna be on DOT?
Read this:

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shilbert already exit scammed long ago kid, move on

"If you just shove as much shit as you can into a blockchain you will centralize the fuck out of your coin."

Doesn't compute. Base relay chain vs amount or ability of parachains has no impact on DOT "centralization".

"The entire point of a blockchain is difficulty l auditability."

Also no, not even close. Monero maybe, but the words blockchain and monero have different meanings.

Sorry bud, if you confuse entry level blockchain lingo you shouldn't be investing here. Else you're just floating, waiting to see where luck takes you.

i was in that thread
i had never heard of it either
wtf

thnx for shill i will dyor on it

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is it E******* ?

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Wtf are you talking about? Do you even know what a blockchain is or why to use it? They intrinsically don't scale because of their properties, you can't just add even more inefficiency and call it scaling. When you do that you just sacrifice the trustless part which is the real reason to use one. How many people do you think actually run full archival nodes to validate eth for example? Ok no imagine breaking the network into 1024 shards, each one as difficult to verify as the original chain. How many people per chain now validate? Whatever the original number is divided by 1024. So you've made the network more susceptible to attack by a factor of however many shards there are. This is not scaling in the true sense of the word, it is making tradeoffs of the trustless and decentralization properties and hiding it behind a bunch of buzzwords and technobabble

How do you store it?

Is it still an IOU thing?

polkadot wallet, it’s not an erc shite token

This is omg all over again. The reason is hasn't dumped is only insiders own and they're holding/buying. Once a sufficient number of bagholders buy in, they'll dump and you'll be stick with it.

this is way bigger than chinkshit coin you mentioned retard

Prepare to lose your net worth of $100 or whatever on this shitcoin.

"They intrinsically don't scale because of their properties

Because of their current designs, not because of their properties. Big difference.

"you can't just add even more inefficiency and call it scaling."

What makes you think Polkadot is adding inefficiencies though?

"When you do that you just sacrifice the trustless part which is the real reason to use one."

Both Polkadot v1 and Polkadot v2 are trustless and permissionless.

"How many people do you think actually run full archival nodes to validate eth for example?"

Yada yada. Do you know how much eth pays to miners every single day? That money just gets redirected to nodes / stakers. Still decentralized. Still trustless.

"So you've made the network more susceptible to attack by a factor of however many shards there are."

No. Cosmos works that way. Not Polkadot, not Ethereum v2. Look into slashing for Ethereum and fishermen for Polkadot.

"This is not scaling in the true sense of the word"

It is though. I'd go deeper into it but you're not worth my time. Do you think the Ethereum Foundation would have spent that many millions of USD if it weren't?

"hiding it behind a bunch of buzzwords and technobabble" (aka anything I don't understand is technobabble)

You're just way over your head kid. And that's alright, you're a follower. Most people are, and I'm glad the world is that way, or I wouldn't have my cryptobux. I make money by understanding things before the crowd of mediocres (you) do. So keep being you, kid. Buy quant.

shilling MIX?

QNT will rise.

DOT has huge backing and financing, a bit like EOS did, but it's not actually going to "do" anything.

Why do we need another blockchain? It's all so tiresome.