Review on Voyager Token by Paul Sletten
https://www.ethos.io/ "Bitquence (BQX) is now Ethos (ETHOS). Say hello to the…
https://www.ethos.io/
"Bitquence (BQX) is now Ethos (ETHOS). Say hello to the future of social finance."
Rebranding is not just for the world of the material. Thoughts and names can change, focus can change, and ETHOS is showing reasons why it will be a strong long term product.
* All predictions made guaranteed to be wrong or your money back. Except you did not pay me for my prediction, and therefore...* Gregg Easterbook thanks for all the chestnuts I stole from you. Anyone who buys his book "The Progress Paradox" and doesn't like it, I will buy that book from you at double what you paid.
Pros
- Reporting!! We all love money and sending money and not paying fees, but who loves reports? Admins!!! We love reports! The Internal Revenue Service is also somewhat fond of reports, and this is the first entry I have observed that addresses a tie in to save consumers hassles from Johnnie Law. Fun! - they had someone make their logo out of legos and showed us. https://www.ethos.io/2018/01/19/a-bit-of-fun-with-the-ethos-logo/ Atomic swaps! - Instant trades of my alt coin for this other alt coin and or Bitcoin, and then we can buy these floor tiles your dad has been wanting from FLOOR STORE.
Cons
- Costs early on in a new environment can feel higher than they will later. I believe there was once a company that wanted to mail people things for money. Everything you can imagine. But mail costs money, and the customers paid a lot early on. Later, many of those customers pay a yearly fee to defray the liquidity needed for the company to get a SUPERDUPERDEAL on shipping FittyEleventyGaBillion things all over the world. Here there is an appearance ( I said appearance) of fees being sorta high ( existing at all, but I am cheap guy and want free everything) for doing things like balance inquiries, adding or deleting wallets. The counter arguement I steal here is from Andreas Antonopolous, who said [ forgive me my inaccuracies, AA ] "If it takes 1 hour to send a JPEG in 1990, when very few people are sending JPEGs, by 2016 it will take a month to send a JPEG when everyone is sending them." The point is, increased adoption will generally eliminate some of the costs and generally flow into making the process move faster. Back in the 80's if I slipped a girl a note I would have to wait an hour or more before being rejected. Today with Tinder, I can get dumped before we ever go on date number one. Living in the future is great.
