As you have probably noticed some of the advanced users left the forum (myself included). Too much noobs, noise and trolls.
In the meantime I was researching a potential alternative to Ethereum and how can I keep my cards busy.
I ended up joining the community of SHIFT. It's an Ethereum fork (first one).
- It's waaay behind Ethereum in terms of blocks which means overclock R7 370 2GB will give you 19.5mhs, (small DAG file)
- direct communication with the dev team via slack,
- low price for dagger-hashimoto based coin = high risk/high reward,
- ability to adapt or copy any ethereum based DAPP
- Anonymous dev team, (might aswell disappear tomorrow)
- not much volume and mainly traded via Bittrex,
- learning curve to the network,
- one wallet on bittrex holds 700k shift coins (he will be able to affect the price with big sell)
So what it exacly is except for a copy of ethereum?
Dev team built this thing called Phantom (currently alpha, decentralized internet, can be used as dapp frontends).
Once setup it will allow you to buy yourself a domain 'example.shift' and host your website(10mb). Website then will be copied across the network to all the hosts making it virtually impossible to take down.
Phantom network will be 'privacy secured' original method was Tor but lead developer wants to use another technology (I will leave up to him to disclose it)
(illegal use not encouraged, hosts and miners can have a takedown vote if a particular website will cause damage to the network)
Your contribution to the network is welcome one of the users built a search engine for the network,
another user made something like this:
This can be a perfect place for file sharing, news sharing, private email. Think torrents or wikileaks.
I probably missed some points I wanted to make but anyway, that is my two cents.
I do hold a significant amount of shift coins. I did not get paid for this (unfortunately
This is not a trading advice simply an effect of my research. I'd like shift to have some more exposure and let's see what happens.
(personally I doubt we will see any more improvements on the Ethereum network due to fact the tech itself was most likely sold to the big companies already, DAO made extra money, ETC made extra money and there is not much motivation left for the dev team if you ask me)
(if you join their slack you will see me there on a daily basis)
Their website:http://www.shiftnrg.org/**One more thing
dev team plans to launch a promotional game via Twitter (should start tomorrow) price is impossible to predict (especially in crypto) but once this goes around twitter it might be difficult to get shift at current level.