Hello Jay, if you read the weekly report, you will see that our team works very hard and updates progress in weekly report with non-stop addition of new games and features. Appreciate your understanding and support.
BitcoinBlink is a crypto to fiat exchange (with the licenses), and it needs to be seen as a bridge between the banks and crypto. It can be compared with Bitmex etc. The project builds a reliable bridge between the community and cryptocurrencies.
Hello metin2, CELR serves as a utility token for the network. Please check out our layer2 crypto economics videos where we explained in depth of how to use it and why its needed: http://bit.ly/celercryptoeconomics
Great thank you for the reply! As far 2020, I know your ideology was to start niche and expand... as per your comments before... after e sports ? What are the plans as far as 2020? What kind of role will staking play in celer eco system ? And with the price of celer going down ? How are your financials in terms of operating and expanding ? How long can you sustain the business and operate, with the funds raised?
hey Shiro, great question. Eth 2.0 will be complimentary to layer-2 scaling. The reason is that there is a fundamental limitation that you cannot surpass in layer-1 scaling: the communication latency between multiple consensus nodes. Even with sharding, since blockchain is inherently not a fully parallel computing layer, the more shard you add, the lower the marginal benefits it will be and it is known as Amdahl's law https://en.wikipedia.org/wiki/Amdahl%27s_law Layer-2 is always fundamentally faster (lower latency) and lower cost than layer-1 scaling approaches. However, it does draw security from layer-1. So a faster layer-1 is definitely beneficial to layer-2 as well with higher dispute tolerance.
@no89thkey, Hey Mo, I hope you’re doing well ! Keep up the hard work ! I’m sure along with me the community appreciates you taking a very patient approach to all the questions and actually understand the frustration of investors that have experienced much of the portfolio very low, I say low because it’s not a loss unless you sell lol... but I just had a question for you... how will the eth 2.0 update effect layer 2 tech and celer in particular ?
No one implies that you have or should have control over investor’s assets. Just equally stating the effect that the monthly unblocking of seed tokens may be having on market dynamics of the project and on a wider scale, the consequent market confidence in Celer.