03-13-2021, 09:50 PM
yeah... it's a weird conclusion i kinda came to myself a while back, to set up a system that really works well you kinda gotta start somewhere. proof of work coins are cumbersome, proof of stake like theta is much better. but then you generally want to mint all of them at the start, and who holds which bags, and all that can become an issue.
https://guardianmonitor.io/
the inside view of theta tokens. scroll down to validator nodes, they are the bigguns. binance @ 93m theta [33m on withdraw], theta labs with 6 nodes ~30m, google/blockchain/gumi some millions. samsung owns one of those slots, as does sony. coinbase is likely to be one or be getting one. my quick math tells me that's about 30% of all thetas in those validator nodes. somethin tells me that the validator nodes are meant to settle on 30m max later on, which would mean binance is still sittin on someone else's bag after this big withdrawal. might just be to let loose into the market.
the 53-55 hour withdraw from stake time is quite interesting. it stifles emotion based reactions in that by the time your theta unstakes, that dip has probably already recovered. 59% of all theta are staked atm. this lowers liquidity, which helps price, which makes you want to keep staking, cus tfuel is goin up too. it's brilliant how they've done this.
this is going to be the legit big time crypto application. i'm pretty sure this will be the main NFT marketplace for movies, games, etc. lionsgate and sony deals tell me that. they're done with theaters, they need digital distribution and theta is designed just for it. this isn't going to be an anonymous sneaky sneaks coin, neither is tfuel. theta will be a governance token while tfuel will be a currency, regulation-wise. i'm okay with that. this digital fiat 1971 dollar nonsense has to end and we need another system to bridge the gap into the future. can't use silver coins online!
the biggest worry with proof of stake coins is the owners dumping the early massive bag but i don't think many of those get big these days. massive partnerships like sony, samsung, google, blockchain, binance.. this is the type of grouping that creates DVD format or bluray or HD designations or cell tower specifications that filter out into everything we use. they're not gonna fuck this up. this next month is gonna be amazing.
https://guardianmonitor.io/
the inside view of theta tokens. scroll down to validator nodes, they are the bigguns. binance @ 93m theta [33m on withdraw], theta labs with 6 nodes ~30m, google/blockchain/gumi some millions. samsung owns one of those slots, as does sony. coinbase is likely to be one or be getting one. my quick math tells me that's about 30% of all thetas in those validator nodes. somethin tells me that the validator nodes are meant to settle on 30m max later on, which would mean binance is still sittin on someone else's bag after this big withdrawal. might just be to let loose into the market.
the 53-55 hour withdraw from stake time is quite interesting. it stifles emotion based reactions in that by the time your theta unstakes, that dip has probably already recovered. 59% of all theta are staked atm. this lowers liquidity, which helps price, which makes you want to keep staking, cus tfuel is goin up too. it's brilliant how they've done this.
this is going to be the legit big time crypto application. i'm pretty sure this will be the main NFT marketplace for movies, games, etc. lionsgate and sony deals tell me that. they're done with theaters, they need digital distribution and theta is designed just for it. this isn't going to be an anonymous sneaky sneaks coin, neither is tfuel. theta will be a governance token while tfuel will be a currency, regulation-wise. i'm okay with that. this digital fiat 1971 dollar nonsense has to end and we need another system to bridge the gap into the future. can't use silver coins online!
the biggest worry with proof of stake coins is the owners dumping the early massive bag but i don't think many of those get big these days. massive partnerships like sony, samsung, google, blockchain, binance.. this is the type of grouping that creates DVD format or bluray or HD designations or cell tower specifications that filter out into everything we use. they're not gonna fuck this up. this next month is gonna be amazing.
