Is anyone still here for the actual tech?

Ok a tad dramatic, but the reason for asking this question is because it seems as though everyone on here is just just here purely for profits.

Don’t get me wrong, we all like to make money and there’s absolutely nothing wrong with that, but I’m wondering if there’s anyone left on this Reddit who is still here to actually take advantage of the underlying blockchain tech behind their crypto, and ever spend time to come up with new, innovative and creative ways of using it?

Clearly the current market prices don’t directly reflect the actual technology and its usefulness. Dogecoin anyone?

It’s also strange that technically superior blockchains get left behind, whilst absolute sh1tcoins seem to moon regularly?

I’ll give you an example. Let’s take Ethereum. Everyone knows about it and everyone is talking about EIP1559 at the moment and how it will hopefully solve the gas crisis, also upcoming layer 2 solutions, and eventually ETH 2.0, etc.

People talk about how the main issue with ETH at the moment is the gas fees, and that once this is resolved, there’s no stopping it.

Ok that’s great, but once the gas fees have eventually been solved, then what happens? Ok, so you’ll be able to buy and sell your ETH and ERC20 tokens on exchanges and Dex’s at a cheaper rate, and the fees you pay will be lower. Great. But if the sole purpose of this is just to buy and sell more crypto, but not actually USE the smart contracts and DApps being developed for the blockchains they run on, then what’s the ultimate goal here? Has blockchain simply become Forex 2.0?

The reason I think this way is the complete lack of market cap price reflection based on actual blockchain tech.

To give some perspective here, let me give you an example. Let’s take Ethereum, and compare this to a blockchain that most people have never even heard of. It’s called High Performance Blockchain (HPB) and it’s been around for 3 years now.

HPB has gas fees of around $0.001 per transaction, so it solves the Ethereum gas fees issue. It runs on a decentralised mainnet with provable tps in excess of 5000+ tps, so it solves the Ethereum speed issue. All the nodes that form the HPB blockchain have dedicated blockchain hardware cards in them, which means the blockchain can generate provable hardware-based, on-chain random numbers, so it solves the issue that both Ethereum and BSC (and practically every other blockchain) has of reliance upon off-chain, expensive, “pseudo-random” oracle services such as oraclize and VRF.... so again it solves this issue.

Not only this, but smart contracts for HPB can be written in solidity (so no need to learn a new programming language) they can be compiled and deployed with Remix IDE (familiar tool for Ethereum devs) and the HPB blockchain itself is fully “Ethereum Virtual Machine” compatible, so DApps can easily be ported from Ethereum to HPB with no fuss.

It’s basically ETH 2.0 and it’s running right now, on a live main-net, and has five times as many nodes as Binance Smart Chain so is far more decentralised than that as well. Yet nobody has heard of it, and its price is like $0.13 per HPB coin?

So back to my question.... If everyone is moaning about the limitations of Ethereum, why are people not just instead using a blockchain that already solves what they are moaning about?

This is what I’m trying to understand. Is it purely because nobody cares about the tech anymore and they see a better opportunity to make money with the more well-known blockchains?

Is it just down purely to marketing where nobody is aware of some of the lesser-known ones? If it was a case of a blockchain making all sorts of promises on what they are “planning to deliver” but they never actually deliver it then I’d understand, but like I say, HPB is a working main-net blockchain, where you can literally create a new wallet in Telegram in two seconds and send someone $10,000 worth of HPB coin, directly from Telegram, in less than a second for a gas fee of $0.001, and yet people prefer to pay these extortionate gas fees on Ethereum exchanges to trade ERC20 tokens that don’t actually solve anything?

What is it that I’m missing? Is it just about the money now?

I get that devs will go where the money is, hence the reason that DApp clones are popping up by the dozen on a daily basis on BSC at the moment, but surely the whole point of creating these DApps would be to use the best available blockchain platforms?

When I look through the almost endless array of nonsense crypto coins that make up the top 200 cryptos on CMC and then I compare this to a crypto/blockchain that is working, running and fixes many of the issues people complain about regarding Ethereum, I don’t get it?

Ok, I’m joking....of course I get it when it comes to Ethereum!! They have the legendary Vitalik Buterin, they have many more years of development, they are the original smart contract blockchain, and they quite rightly deserve their position. I believe Bitcoin does too, the original G crypto, and for many, the modern-day alternative gold reserve. I totally get it for those two crypto’s. Just to make it clear, I hold both Bitcoin and Ethereum in my bag, and will continue as a long-term HODLr with these two.

But then I look at things like EOS, at 25th place, with a token price of $3.79, yet HPB which is a technically superior mainnet, with a fully-working blockchain, yet it sits in 1018th place with a coin price of $0.13? It doesn’t make sense to me unless the whole point of blockchain is simply to shill all these inferior blockchains purely for profit?

Don’t worry, I already know that I’ll be accused of trying to shill myself, but I’m not actually asking anyone here to buy HPB as this isn’t the only crypto I own. I never keep all my eggs in one basket!

Personally I don’t care what people do with their money, I’m just trying to understand the thought process behind investing in a blockchain, and as per the thread title, I get the impression that nobody really gives a crap about the underlying tech anymore, it’s just about making quick profits on coins that will pump but actually serve no real-world purpose whatsoever.

By the way, if people know of any other working, usable, mainnet blockchains (not stuff that’s going to be, quote-unquote “launching in a month or two” - that usually means they will never launch!), that has PROVABLY faster than 5000tps, has lower gas fees than $0.0001, has an on-chain hardware random number generator, has enough running nodes to be considered truly decentralised, and is fully EVM compatible, and should be considered for potential investors who are not just here to make money, but are also interested in the tech as well, then please share them. I’d love to see what else is out there that people have been missing. Like I say, if it claims to be able to do something better “very soon” but isn’t doing it right now, then it doesn’t count.

There’s always room for more than one crypto/blockchain in your bag, but I guess I’m a dying breed of investor who’s here also for the tech, not just the money.

Ok point made. You can now commence with your barrage of responses of alt coins that you are trying to dump onto others that should be considered for purchase :-)