Chainlink blowing through the roof. More promises of smart contracts, defi and so on. Extreme FOMO. Not really sure what the token is needed for. Anyone have any input?
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The point @19eddyjohn75 is trying to make seems to be about the perception of the token’s value that is communicated.
“1 byte = 1 nanosafecoin” => 1 Gb = 1 safecoin.
If you use “1000 bytes = 1 nanosafecoin” instead, you still have the simple static value for testing and now 1 Tb = 1 safecoin (far greater value perception of the token).
I think going with something like “1000 bytes = 1 nanosafecoin” may depend on how much resource is contributed to Fleming testnets. That or the amounts of test tokens issued to clients has to be dramatically lowered to ensure that someone doesn’t upload terabytes of junk to harm the testnets.
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That’s true, however the smallest upload amount you pay for will be bytes. So a mix really, I agree 1 safecoin = XMb/Tb etc. is easier on the ear. So perhaps 1 safecoin = 1 terrabyte and all uploads to the nearest byte or something. A marketing angle really. However as it’s a test and will not be the cost on launch (which will be dynamic) then we don;t want to let folk this it will be 1 safecoin == 1 TB as the rumour mill will go wild 
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Scamm scam, scam
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It feels scamish
Hey friend let’s be more open. The blockchain has enough problems without being a scam. Things work but are ineffective, it’s not a scam…
Shows that DeFi without orderbooks is broken to their fundamental cores, I hope we never raise funds for such pools.
Im a moron when it comes to this kind of thing but I always assumed this was possible. I have friends that make a decent amount of money doing arbitrage with sports gambling sites and they do a similar thing where they use welcome bonuses etc.
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It has an orderbooks, it’s just on another platforms. The people who use it are the same and move money back and forth…
I think they were trying to re invent the wheel as far as trading goes.
Not broken, don’t fix it, as the saying goes.
It seems most money is made by arbitrage, the 0.03% is nothing compared to that.
Why on earth would they not just code something to do automatic arbitrage? Surely not hard with an api.
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I never liked uniswap, but never understood it.
Now I do im still not a fan really, but it clearly has alot of minds thinking its good.
I guesd as dimitar has said, its a large liquidity provider.
Big numbers fail to impress me, 0.03 % is a poor return in my mind.
When i trade, I never bother with anything under 5% really.
I also been thinking about that. Exchanges that support this pool system can make lot’s more then from trade fees they make by going in and out. they have instant access between their orderbooks and sending to the pools for making large arbitrage.
Those pools seems good trying to make huge money on but very bad for trading.
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Do you trade 24/7/365? Because these 0.03% work for you day and night
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No , I dont.
Each to their own, its just not for me.
If i was a millionaire, maybe I’d think about it. ( providing liquidity)
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That’s what I say friend, I’m trying just to explain to you why people use it… I don’t care if you use it, I don’t use it either
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https://www.helium.com/
IoT + Blockchain + WiFi mesh.
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DELIVER MANY SQUARE MILES COVERAGE FROM A SINGLE HOTSPOT
Based on initial testing, only about 50 to 100 Hotspots are needed to provide complete coverage for an entire city.
This is quite not real with out several sector antennas on each building, while in cities there is already filled wireless broadband by other home users and internet providers. With out planning where to set new AP, there will be places with too many AP running on same channels, while not best coverage with result of poor connection.
There were debates that it is a way how to obtain shut downs, but I think, that it must be build on effective places only. Because wrong set up AP and/or set up on wrong place is waste of electricity with possible worse connection than before.
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Not investment advice…
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