VEN is a ponzi scheme with Chinese characteristics. The technology will never materialize, and anyone who says VEN’s partners are already using the technology, have no proof. Just empty words spouted by a huckster. VEN masternodes were designed to get greedy idiots to dump even more money into their coin.
Take a close look at their dev team, there’s only one hardware guy. That should concern you. Rebranding is easy, announcing news is easy, but making grounding breaking technology isn’t. And I’m not criticizing people that buy/sell the VEN hypewave, go for it. But long term holders will get burned.
You want to see a video of scanning a vechain t-shirt with the APP that you can download right fucking not faggot?
Brody Davis
Everyone take note of this classic FUDster technique
>take a close look at their dev team, there's only one hardware guy
he says this knowing full well that there is nowhere to look at their dev team. They don't have a team section on the website. He expects you to take his word for it and leave anxious
but if you dig a little deeper you will find out that VEN has an entire engineering building. Why did Kevin Feng, who held a very prestigious title at PWC leave to become Vechain's lead engineer? Why did the CTO Jiangliang Gu, with over 150 relevant patents to his name, leave his also prestigious position to work for VeChain? Ask yourself these questions.
Angel Hall
im bullish as fuck on ven but don't confuse some simple blockchain explorer with their actual product
Ethan Hernandez
Aren't most ERC20 tokens risky business? I mean, why would you need 5 billion dollars to build technology that Vitalik build for free?
Elijah Stewart
The essential difference between Vechain and Walton is the layer at which the blockchain is implemented. Walton has patents on the txID-reading RFID chips with memory, which allows the blockchain to be implemented in the foundational level through the RFIDs. They are world leaders in chip technology, and make their own chips. Vechain does not make their own chips. They outsource the hardware, and have the hardware made compatible with their blockchain via API. So their blockchain is implemented several layers up in the application layer, through business-centralized control. So, Vechain is inherently less decentralized and less secure.
This is the essential difference, and it's not a deal-breaker for Vechain, but it is a fact, and it does matter. Walton is somewhat ironically better at authentication than Vechain for this reason, despite Vechain's original main use-case as an anti-counterfeiting product (they've since expanded their use-case into cold logistics and other areas).
But there are other advantages to making your own chips. Vechain is using someone else's hardware and then repurposing it for their blockchain. Walton has built the chip from the ground up to be compatible with the blockchain and improved the standard chip to be much more advanced, with encryption, fine minute movement detection, anti-collision logic to prevent skipping, low voltage technology so the chips can last more than 20 years, and other advancements over standard chips. Making their own chips also makes them cheaper. Standard RFIDs are 15 to 20 cents. Walton's are less than 5.
Mason Scott
I'd sell right before the rebrand if I were you. It's not like antshares -> NEO because you won't be generating Thor until June. The rebrand is just a name change, and it's frankly already happened in most wallets. Buy on Hype, sell on news.
Tyler Thompson
THATS FUCKING BACKWARDS FAGGOT. The essential difference between Vechain and Walton is the layer at which the blockchain is implemented. Vechain has patents on the txID-reading RFID chips with memory, which allows the blockchain to be implemented in the foundational level through the RFIDs. They are world leaders in chip technology, and make their own chips. Walton does not make their own chips. They outsource the hardware, and have the hardware made compatible with their blockchain via API. So their blockchain is implemented several layers up in the application layer, through business-centralized control. So, Walton is inherently less decentralized and less secure.
This is the essential difference, and it's not a deal-breaker for Walton, but it is a fact, and it does matter. Vechain is somewhat ironically better at authentication than Walton for this reason, despite Walton’s original main use-case as an anti-counterfeiting product (they've since expanded their use-case into cold logistics and other areas).
But there are other advantages to making your own chips. Walton is using someone else's hardware and then repurposing it for their blockchain. Vechain has built the chip from the ground up to be compatible with the blockchain and improved the standard chip to be much more advanced, with encryption, fine minute movement detection, anti-collision logic to prevent skipping, low voltage technology so the chips can last more than 20 years, and other advancements over standard chips. Making their own chips also makes them cheaper. Standard RFIDs are 15 to 20 cents. Vechain’s are less than 5.
Tyler Cruz
buy on hype sell on the news is just a self fulfilling meme that was started when crypto was shit and the news could not live up to expectations. Vechain is delivering news from Fortune 500 companies and governments. You do not sell that news.
Carson Phillips
I've sold and rebought VEN several times. I recently picked it up at $4 and sold around $6. Feel free to laugh at me if I miss a moon mission, but I just can't take ERC20 tokens serious.
Matthew Adams
You know it won't be an ERC 20 token in June right? Have fun paying short term capital gains tax. Ill wait a year and cash out 30%
Jose Phillips
>>b-b-but mainnet in june If they deliver... >> b-b-but taxes Not americuck
I get it though, it's just that there are so many promising ERC20 tokens and they won't all make it.
HAHAHHAHAHAHAHAHHAHAHAHAH SALTY WALTY BAHJAHAHHAHAHA YOU BOUGHT THE WRONG COIN FAGGOT EVVER HEARD OF THE TORTISE AND THE HARE YOU BOUGHT WALTON WITH ALL YOUR ALLOWANCE MONTHS AGO AND THEN VECHAIN BLACKED YOU
Daniel Gray
I don't care, I'm just going to dump it when rebrand happens. Hope some retard FOMO's and buys my bags
Ayden Walker
hahahah I did that when NEO was 10$ right at the rebranding. HAVE FUN GETTING BLACKED LIKE I DID IT DOESNT FEEL GOOD
Noah Phillips
yea its not like vechain has been overdelivering every single time. oh wait.
neo was $10 at the rebranding and dropped to $4. after the rebranding.
Jack Hill
Ok you may be smart enough to sell the temporary top or close to it but barely anyone is smart enough to time the market and get back in. Then you are FUCKED.
Matthew Martin
whats a huckster?
Owen Diaz
btc also jumped 28% during that time 2.5k to 3.2k
Colton Young
vechain might not even be useful ... but till then buy the rumors and sell at news
be careful faggots - ven is certainly not going to be another NEO; ETHEREUM; BTC; heck even OMG