create account

The KISS principle - Not always complexity leads to deeper meaning by marlon6

View this thread on: hive.blogpeakd.comecency.com
· @marlon6 ·
$98.35
The KISS principle - Not always complexity leads to deeper meaning
*β€œAny darn fool can make something complex; it takes a genius to make something simple.” - Pete Seeger*

There was a time BEFORE coinmarketcap.com, when just a few cryptos were out there.
That time has gone.
Coinmarketcap lists 2042 cryptocurrencies, at the time of writing.
<center><a href="https://imgur.com/K6fc8mr"><img src="https://i.imgur.com/K6fc8mr.jpg" title="source: imgur.com" /></a></center>
<h6><center>source: <a href="https://coinmarketcap.com">coinmarketcap.com</a></center></h6>

Many of them have a whitepaper but fewer and fewer respect the KISS principle.
This is an acronym for a very well known principle by the U.S. Navy in the '60s: *"Keep It Simple, Stupid"*.
It means that systems tend to work best if kept simple, so that unnecessary complications
must be avoided by all means.

Now let's keep in mind that the Bitcoin whitepaper was 9 pages long.
When you see a lengthy and complicated whitepaper, this should raise a flag.
Chances are the complications are not needed or, at best, the team behind the project is
trying to do too many things.

These and other circumstances are widely examined in a Medium article, titled: "Complexity Theater" by Nathaniel Whittemore
https://medium.com/@nlw/complexity-theater-3375a4bdafba

Multiple implications, behind sound reasoning
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 96 others
properties (23)
authormarlon6
permlinkthe-kiss-principle-not-always-complexity-leads-to-deeper-meaning
categorybitcoin
json_metadata{"tags":["bitcoin","cryptocurrency","crypto","money","life"],"image":["https://i.imgur.com/K6fc8mr.jpg"],"links":["https://imgur.com/K6fc8mr","https://coinmarketcap.com","https://medium.com/@nlw/complexity-theater-3375a4bdafba"],"app":"steemit/0.1","format":"markdown"}
created2018-10-07 14:00:54
last_update2018-10-07 14:00:54
depth0
children2
last_payout2018-10-14 14:00:54
cashout_time1969-12-31 23:59:59
total_payout_value73.977 HBD
curator_payout_value24.373 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,298
author_reputation55,075,105,639,150
root_title"The KISS principle - Not always complexity leads to deeper meaning"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id72,806,506
net_rshares64,169,906,992,361
author_curate_reward""
vote details (160)
@yohan2on ·
This is very true indeed. I agree with you on that. Many cryptos are cropping up every other time through the various ICOs and some appear to be very complicated. I wish they can emulate from the mother of all coins "Bitcoin" to keep it simple and very intutive.

There is a brand new simple project that i believe is observing the kiss principle. This project is called Digitex bitcoin futures Exchange. I have been making research and study about and have published several blogs about it as they are evidenced on my blog. 
My current topic shows how valuable the DGTX token is and something that is worth your investment. 

For details here is the link to it: https://steemit.com/digitex/@yohan2on/kbmzqdx-digtex-futures-is-dgtx-worth-your-investment

Otherwise thanks so much @marlon6 for sharing. I will check out that link to that article on medium for details to the subject matter you are addressing.
πŸ‘  
properties (23)
authoryohan2on
permlinkre-marlon6-the-kiss-principle-not-always-complexity-leads-to-deeper-meaning-20181009t000556636z
categorybitcoin
json_metadata{"tags":["bitcoin"],"users":["marlon6"],"links":["https://steemit.com/digitex/@yohan2on/kbmzqdx-digtex-futures-is-dgtx-worth-your-investment"],"app":"steemit/0.1"}
created2018-10-09 00:08:09
last_update2018-10-09 00:08:09
depth1
children1
last_payout2018-10-16 00:08:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length908
author_reputation69,300,414,726,755
root_title"The KISS principle - Not always complexity leads to deeper meaning"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id72,905,469
net_rshares9,028,418,015
author_curate_reward""
vote details (1)
@marlon6 ·
thank you @yohan2on for your comment, I didn't know about Digitex and will surely go and read something on your blog. I see you are a regular blogger on steemit. I aim to become that too
properties (22)
authormarlon6
permlinkre-yohan2on-re-marlon6-the-kiss-principle-not-always-complexity-leads-to-deeper-meaning-20181009t092318460z
categorybitcoin
json_metadata{"tags":["bitcoin"],"users":["yohan2on"],"app":"steemit/0.1"}
created2018-10-09 09:23:15
last_update2018-10-09 09:23:15
depth2
children0
last_payout2018-10-16 09:23:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length186
author_reputation55,075,105,639,150
root_title"The KISS principle - Not always complexity leads to deeper meaning"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id72,928,360
net_rshares0