Forums before death by AOL, social media and spammers... "We can't have nice things"
|    sci.physics    |    Physical laws, properties, etc.    |    178,923 messages    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
|    Message 177,081 of 178,923    |
|    Mild Shock to Mild Shock    |
|    Where "piggyback" off Bitcoin? (Was: Cra    |
|    06 Dec 24 01:13:26    |
      From: janburse@fastmail.fm              Hi,              I recently was juggling with PEPE since it showed       nicer numbers than ETH. 1 PEPE is currently 0.0000001 ETH.              So instead of buying grocery with 0.0001 ETH (ca. 3.5 USD),       I used 1000 PEPE, which felt like 1000 cent?              You can do the same with FLOKI.              Can Bitcoin do that?              The PEPE meme coin, like many other meme coins, operates as a token on a       blockchain. Specifically, PEPE runs on the Ethereum (ETH) network as an       ERC-20 token.              Key Points about PEPE:       ERC-20 Token: PEPE is created as an ERC-20 token on the Ethereum       blockchain, which follows the ERC-20 standard. This means it inherits       the Ethereum blockchain's properties, including its security,       decentralization, and compatibility with Ethereum-based wallets,       decentralized exchanges (DEXs), and other tools.              Meme Coin Nature: PEPE is a meme coin inspired by the popular "Pepe the       Frog" meme, similar to other meme coins like Dogecoin or Shiba Inu.       While its value is largely driven by community engagement, meme culture,       and speculative interest, it still functions as a token within the       Ethereum ecosystem.              Smart Contract: As an ERC-20 token, PEPE is governed by a smart       contract, which defines its total supply, how transactions are       processed, and other technical parameters. These smart contracts are       executed on the Ethereum network, ensuring that transactions with PEPE       are transparent, secure, and decentralized.              In summary, PEPE is an ERC-20 meme coin running on the Ethereum       blockchain, leveraging its infrastructure to provide token functionality       while being part of the broader meme coin phenomenon.              A Bitcoin piggybacked meme coin typically refers to a meme coin that is       either inspired by Bitcoin or uses Bitcoin's name, branding, or       principles but operates on a different blockchain. These coins might not       necessarily share Bitcoin's underlying technology but are often created       to capitalize on Bitcoin's popularity or mimic its model.              For example:              Bitcoin-inspired meme coins: These meme coins may adopt Bitcoin's name       or branding (like "Bitcoin Cash" or "Bitcoin SV"), but they are separate       cryptocurrencies with their own blockchains and technical features.       Tokens on Bitcoin-based platforms: There are platforms like Stacks that       allow for the creation of smart contracts and tokens on top of the       Bitcoin network. Meme coins built using this type of technology could be       seen as "piggybacking" off Bitcoin's security and popularity but are       actually functioning on different protocols designed to enable smart       contracts and token creation.       However, most meme coins (e.g., Dogecoin, Shiba Inu, PEPE) generally       don't directly run on Bitcoin’s blockchain. Instead, they operate on       platforms like Ethereum, Solana, or Binance Smart Chain, which allow for       the creation of custom tokens.              In summary, while there are coins inspired by Bitcoin, many meme coins       run on different blockchain platforms and don’t technically "piggyback"       off Bitcoin itself, but may use its name or appeal to capitalize on its       fame.              Mild Shock schrieb:       > Hi,       >       > The good thing is that Muricas have       > no Braincells. They might really try to       > establish a strategic Bitcoin reserve,       >       > basically not understanding what Crypto       > means and how limited Bitcoin will be       > in the future, Bitcoin will basically dissolve       >       > in a few years, and be replaced by       > other Coins that are faster and unlimited.       >       > Bye       >       > P.S.: Even China is laughing at Muricas:       >       > JUST IN: 🇨🇳 China Central TV reports that       > “Trump has promised to make the US the       > world's #Bitcoin and crypto capital and       > establish a strategic Bitcoin reserve.”       > https://twitter.com/BitcoinMagazine/status/1854580132423614888       >       > But you find the idea also formulate by Muricas.              --- SoupGate-DOS v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
(c) 1994, bbs@darkrealms.ca