LogFAQs > #952825610

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TopicCrypto Channel (for traders, miners, and enthusiasts)
IronBornCorps
04/14/21 1:16:23 PM
#40:


A very good morning indeed. TONS of coins are up. I also wanted to copy this for any newbies looking to trade, I really think these 3 coins should be in every wallet.

ETH - Will be the open blockchain where data is stored, ETH will be used to share data across the chain.

LINK - Is used to bring bring real world data (bank statements, credit card receipts, contract agreements) to the block chain as a digital asset.

GRT - The google of blockchain. GRT is used to query the blockchain to find data on the chain that you can use to make decisions.

tldr; ETH holds real world data, LINK puts real world data on the chain, GRT lets you access that real world data.

This is this holy trinity of the blockchain, and if these don't succeed (which 2/3 are and the 3rd is going to pop as soon as bot balancers stop monitoring trades) many of the other coins will follow. Pretty much every major ETH chain app uses these 3 coins to some extent.

I also didn't include BTC because that's just digital gold, and has shown it has a place in world without the larger ecosystem.
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