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RE: Satis Report - You won't believe what price they say EOS is going to within the next year!
I'm not familiar with the term "fabric chain," what's meant by that?
As you mentioned, opinions/predictions like this are often worth little, but I do find it almost refreshing in contrast to the mega-hype currently surrounding EOS. I was shocked to see a coin so speculative jump into the #5 spot on CMC.
Then again, Dogecoin is still worth more than STEEM currently. The markets are anything but rational. Too bad we don't have a crystal ball to see how the crypto space will settle out a decade from now. I'd love to know which coins will fall out of favor ahead of time!
Basically just a chain that is easily built upon or other tokens are easily launched from. Ethereum is the quintessential definition of one.
Gotcha. I'm gonna read through the report in a bit because I'm curious why they think fabric chains have little upside. They seem a lot more dynamic than the older coins and thus, have more potential to revolutionize various societal systems. Maybe my mind will change after reading it!
They think that going forward the most valued is going to be placed on stores of value, decentralization, privacy, and currency use. They go into great detail in their report. It's a really good read if you get the chance to check it out.
Cool. I'll check it out later this evening. Sounds interesting.