Message from @johnfrum
Discord ID: 358081363687243776
TRIG is running a fork of their Network (could be better (on-chain), but its good publicity)
17 ICOs coming up
working with app developers and mobile networks
(in korea or singapore...idk)
they have a running mainnet, switch of the tokens soon (october)
the Qtum satellite is welded to a rocket and is ready to go up into space soon(tm)
...i have not been keeping up with crypto if there is a fucking satellite I didn't know about
Blockstream (funded by AXA, Mastercard, it's a scam) set up and launched
a Bitcoin sat node thing
qtum and trig are both going to be on satellite
How is the bloodstream sat a scam?
Blockstream as a corporation is sketchy af
the satellite is legit
just be wary of their activities within bitcoin
no doubt they are trying to centalize it
Segwit ---> Lightning Network which is a path towards centralization
```Hey this is Zee, I am founder of Space Chain. We have already finish building our first satellite with Qtum and it is welded on rocket and ready for launch soon. We believe satellite nodes add a new dimension of diversity of nodes and make the system more decentralized. Current blockchain technology applications use computer as nodes and adopt ground-network-based transmission channel. The singular network and singular node pose great security risks. Once node computer or transmission network is under attack, the entire blockchain network may be greatly impacted . Therefore, from a security perspective, blockchain needs to have diversified transmission networks and nodes with multiple data storages to enhance system safety and security. It will be connected with ground station to receive/use data, and there are also IOT testing devices. On the first satellite, we creatively use Raspberry Pi to run the Qtum test node. It will the first time that Raspberry got brought to space. In future, what hardware we have on the satellite will be dependent on what kind of services it provides. As I said, the first satellite is finished and welded on the rocket. We expect the first satellite will be launched later this year. If everything goes well, we will have 4-8 satellites up there at the end of 2018.
```
Isn't it just a transfer node? If they aren't doing any mining I don't see how this would affect decentralization or why it's worse than what Qtum is doing.
the satellite project was managed/funded whatever by them
thats unrelated
Blockstream as a corporation is funded by Mastercard I believe
~50% of Core devs are employed by Blockstream
they have a dangerous amount of control over the future of Bitcoin
```Mastercard is an investor in Digital Currency Group, the DCG brokers the deal to implement Segwit2X, segwit is a Blockstream baby pushed by Adam Back.```
Segwit is making way for Lightning Network
which will centralize Bitcoin
off-chain bitcoin is scary
it's also less secure
```Just the circumstantial evidence, they are building a banking layer on top of bitcoin. And demand to use it is expected to be enhanced by limiting on chain transactions.
```
Ah, understand now. So is this going to actually gain traction or will people against LN be ignored as normies go for the less secure but slightly easier option backed by a large company?
crypto normies and staunch anti-Cashers/pro-Core folks will defend LN viciously
I used to be pro segwit and anti cash but now im seeing this and it is scary
segwit is good but what it helps make possible is not
I fear that we will venture into an ERC-20 ecosystem and a Segwit/LN-ecosystem
qtum pls moon