DEV on Twitter Rips Into NEO and why Digibyte is the Truly Trusted Cryptocurrency

in #cryptocurrency6 years ago (edited)

Jared Tate tweet against centralize crap like....

A Recent Tweet by Jared Tate tells about how he disgusted he is on some Cryptocurrencies that affects the nature of Investing and Cryptocurrencies, and share a little article that he retweet several times about how a Dev in twitter exposed this types of unforgiven cryptocurrency the hurts a lost of investors and miners around the world..

Jared Tate: March 4 Tweet

This post I want to shared to you all is a proof of knowledge that everything we saw in the cryptocurrency world specially in coinmarketcap is a great coin to purchase, so we need to research a lot, gather valid datas and always have second thought in buying and mining this coins..

Eric Wall, the Dev of Bitcoin.com

As I read the Tweet Article retweeted by Jared Tate, this is the guy who made a Viral Tweet that exposed what's going on in Neo Foundation, As we all know Neo is a Chinese Ethereum blockchain which is one of the popular cryptocurrency in the world, but Eric Wall explain some controversy topics the heat the social media and end up in a tweeter storm..

Eric Wall: Tweet Article

Eric wall tells that as a Researcher, it is customary to verify information from multiple sources before publishing claims, he told that NEO uses a delegated "Byzantine fault tolerant consensus algorithm" but Neo only have 7 nodes run by the NEO Foundation, essentially like Ripple. He instate that reiterate point: A "Byzantine fault tolerant" consensus system's whole purpose is to be designed to handle ANY error or malicious behaviour from a subset of the nodes and still reach consensus. In NEO, their system couldn't handle the most simple error of one node..

In the end, it all points out that Neo is not a Byzantine fault tolerant consensus system and we must be aware of it.


If you read his article, you come to realize it's a great proof to exposed this kind of Hype Currency..

Why Digibyte is still the best currency among the rest.

As you can see, Jared Tate did not totally hype this coin so that it truly tells that it's not important to go for a competition by hyping and giving up all fancy beautiful messages and false promises that makes people buy your coin.
What's Important for us is how we can develop the future by defeating fiat currency, helping the people to transact money with highly developed structures and highly secure software that no one can hack or steal, as a Investor we need to know this DGB a lot more because this is one of the cleaness and perfect coin for as to use right now.

Buy more for the Hard Fork

Now we all know why Digibyte is not much popular and still one of the sleeping giants of the cryptocurrency, cause there's no a lot of POS and white paper with beautiful colors to show off rather than other cryptos which is high on the market because of false promises talk the makes some uneducated people to buy more.

you all must be educated Investor, know it all for real. this is one of the best advice I can share to you all before you all invest. proof of work is the best way to invest 100% in a certain matter...

Legal Disclaimer

I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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thank you for Reading my short Article.... upvote and resteem! thank you!....... :^D

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ercwl Eric Wall tweeted @ 04 Mar 2018 - 13:48 UTC

4/ So what does NEO use? Supposedly, NEO uses a delegated Byzantine fault tolerant consensus algorithm. This means… twitter.com/i/web/status/9…

jaredctate Jared Tate tweeted @ 04 Mar 2018 - 20:56 UTC

I am tired of seeing truly #decentralized blockchains such as $BTC, $LTC, $DGB being compared on @coinmarketcap aga… twitter.com/i/web/status/9…

Disclaimer: I am just a bot trying to be helpful.

Not sure if you are aware but NEO have acknowledged the flaws in their system and have discussed how they can improve them, before this tweet was unleashed to create FUD. The NEO tech is still new and spreading FUD on a system still working out its abilities is very unfair.

weather FUD or not, we must be aware on what are the facts and real to the eyes of the people.

Sure, but all the facts should be displayed. The blockchain has one fledgling token running on it at the moment. Another token just dropped without any application yet. Judge it when the project is fully operational and not while it is still being constructed.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin10615.200$-6.28%-1.36%
DGBDigiByte0.031$-8.53%-12.59%
ETHEthereum788.423$-7.13%-10.07%
NEONEO107.915$-4.32%-21.88%
XRPRipple0.909$-6.77%-2.63%

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