I want to invest between these public chains, so which one should I choose? I want to make profit like buying back BTC in 2014!!!
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@fonzie do yoi think focusing on Hype is also a way to make the retail holders of Vite increase? *open to discussion
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@felicity yes, they are both DAG and Smart Contracts but they are different from consensus perspective. VITE uses HDPoS while FTM uses Lachesis Protocol.
VITE has a system based on DPoS where holders of VITE token will use their tokens to vote for a node and the top 25 nodes will become block producers. Fantom will use a system based on PoS but i don't believe that it will be a classic one where you'll just have to hold tokens in your FTM wallet. More information about them will be released soon (i believe).
For me, the decision about which project to support (VITE or FANTOM) was made by the red flags (my red flags). I didn't appreciated the leaked informations that came from FTM team (from exchange listings to partnerships). When comes to a project, i value more this aspect than the hype around it. Yes, fantom has a lot of fans but that doesn't mean that VITE is weaker than FTM. In the end it's not about just TPS, it's more about the usability of that ecosystem and the amount of users that it has. It's useless to make something that has 1M TPS if there aren't enough users to use that transaction speed. We still see BTC,ETH where their TPS is low but solutions are coming as the networks grow, same could happen for every project.
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@felicity said in I want to invest between these public chains, so which one should I choose? I want to make profit like buying back BTC in 2014!!!:
@fonzie do yoi think focusing on Hype is also a way to make the retail holders of Vite increase? *open to discussion
That works in a Bull run whern almost every project gets hyped up endlessly. We're in a bear market and the only projects that will survive this are those that work on their product and deliver. Hype does not work in a bear.
Let the product speak for itself now, the hype will come later.
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vite gochain
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@super I so agree with you!
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@super I got your point. Appreciate your ideas
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@super I am looking for Vite development. Just read smart contract is live ðĨģ Actually I learnt Ftm less than Vite but the interface is that Ftm now is having bit more traffic than Vite. Likely Vite are mostly holders. Anyway Looking forward to Vite DEX as well!!
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@fonzie Vite is so brave when conduct their listing in August! It was the start of bearish ðĪŠ
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@fonzie but I must say VITE price is somehow stable, do u agree?
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@felicity well one of the main reasons why FTM has more traffic than VITE is mostly because they had a public sale while vite had private sale only. When a project is doing a public sale, people will join and interact with each other about price movements, technology, memes, etc. When you do a private sale there is no interaction in that community because most private sale investors aren't that interested to exchange words and opinions in chat.
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@super agree! despite not having Crowdsale, Vite is having community program! I think it is a good way to enhance Vite retailer holders
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@felicity you should be glad you didn't participate in the crowdsale,the price is too low now
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@åæ ðĪðĪ do you hold Vite or get some from exchanges?
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@felicity yes,millions of vite
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@felicity holder
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@felicity said in I want to invest between these public chains, so which one should I choose? I want to make profit like buying back BTC in 2014!!!:
@fonzie but I must say VITE price is somehow stable, do u agree?
Like every other crypto, it has gone down from its highest of around $0.12 or something like that. The price pretty much follows rest of the market from what I can see..
The only recent pump was on the bittrex listing.
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@åæ
hope Vite will bring you lambo itf
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@fonzie yes, but at least I can see its stability since listing more than some coins to be honest. Some tokens did dump hard
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@felicity hahaha,I'm for it
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@felicity hom many you hold?