https://reactcrypto.net/justin-tabb-clears-up-substratum-shortcomings/

https://www.reddit.com/r/CryptoCurrency/comments/b046nt/substratums_whitepaper_says_team_moved_ico/

Here are some links where this company is discussed.

bc3214f099ae2aa5034ea1c2137e06c5

Great paper, super clear!

I would however maybe add a benchmark section and explaining how Substratum differs, as indeed such projects already exist(ed):

• Hostcoin that didn't even complete its ICO last year (that could scare potential investors) - https://icobench.com/ico/hostcoin
• Dfinity - https://decryptmedia.com/resources/what-is-dfinity
• Golem - https://decryptmedia.com/resources/golem-what-is-guide-explainer

c13bc77d7177f09a26d1aec92b6009a5

Quote - The primary issue with web hosting in its current form is that is incredibly expensive! It can cost upwards thousands of dollars per month, solely to host site files. This does not include any maintenance cost or additional security. It makes it incredibly difficult for small or medium sized businesses to have a strong web presence without incurring significant costs.

Claim - The cost is not applicable to all range of businesses only few. Few that have scaled complex web applications with larger amount of users. It also does not take into consideration that organisations are also looking for cost cutting measures. Why should a small business use a dedicated server space to host a website, that does not have complex functionalities but serve as information page and not a shared space. Most SMEs I have worked with pay very less amount relatively hosting their website. Therefore no significant cost is incurred.
Secondly enterprise businesses who have on-premise servers may host their files on those servers, hence not making use of third party services. Those servers also serve other functionalities such as networking, hence the cost segment of web hosting amongst the use of these on-premise servers is minimal.

Effort should be made to be assertive about the specific business audience (those who incur significant cost) this technology applies to.

e799570fe6119b7d887f140466bb2a23

Automatic Claim Number - cla1553851021

Quote - t will allow anyone to become a web host and earn Substratum’s own cryptocurrency while the user is hosting.

Claim

A very impressive approach, disruptive and an alternative to cloud hosting data centres planted around the world. Not critical enough from the perspective of the user - most liabilities associated with hosting then lies primarily with the user, such as maintenance of hosting servers, ensuring no power failure. How will substratum ensure users fulfil their part? Is substratum indeed allowing anyone to be a web host or creating a selective measures to recruit users? This is crucial to the success of the idea otherwise the promise of no network downtime 3.3 will not be fulfilled.

Imagine a browser makes a request, the substratum network captures the request, geo-location and with Machine learning routes the request to the node nearest to the browser. The computer at he node presents the appropriate page to the browser but then an unforeseen circumstance happened - power outage on the computer, probably due to a kid playing tampering with electric circuits or a malicious software affects the computer. This inadvertently will cause a downtime. Is substratum providing ways to reroute a request to a new node in case of unforeseen circumstance like this?252eb056a5e96f48389a9fabfade87b1

Automatic Claim Number - cla1554453923

Quote - Substratum aims to resolve these common issues in the following ways: !6 1. Drastically reducing hosting costs through peer-to-peer hosting that is billed per request through micro-transactions. This means that you will only be billed when people go to your site as opposed to per minute or hour like AWS and other cloud hosting platforms.

Claim

Efforts are made to have competitive advantage only on one type of hosting (VPS) and not cloud hosting. The paper speaks more of the disadvantages of VPS and provides solutions to these advantages. For example, the resolutions 3.1,3.2, 3.3 are only applicable to VPS and have been implemented by incumbent cloud hosting companies.

3.1 In cloud hosting you only pay for the resources you use, not by the traffic request see - (https://azure.microsoft.com/en-us/pricing/details/app-service/windows) . Moreover, the resolution does not provide a low cost in all cases. Consider a site that is using ads to draw traffic to the site. Hence, the more traffic drawn to the site, the higher the bill. Cloud hosting provides a better solution in this case.

3.2 cloud hosting companies have the capabilities and provide more sophisticated approach to serving millions of sites. For instance, the use of application gateways to route traffic to a specific endpoint, traffic managers to route traffic automatically to other available and closest endpoints.

3.3 cloud hosting companies have data centres built around the world, therefore ensuring better uptimes experience

In summary, full qualitative assessment of competitors and therefore the resolutions do not provide a competitive advantage4a1a74f165f239067233ec510fd8929e

And SUB market cap has doubled in the last month. The coin took a big hit in February but seems to be coming back really strong.

6d6af75899a84d20be407674c743caac

Opinion #54: An opinion has been issued in Automatic Claim Number - cla1552412007.

It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.

Please see below for the opinion of the jury:

• Opinion #1 - At the time the whitepaper was written, there is no reason to believe that they did not intended to hedge as stated. It appears that they changed their hedging strategy after their ICO. Companies are entitled to change strategies as they encounter real-world conditions. There is no credible evidence to support the idea that the whitepaper was intentionally deceptive.
• Opinion #2 - There is definitely a discrepancy in the amount of crypto currency they claim to have. However, the bounty hunter highlighted a quote that doesn't really have to do with the claim. Therefore, no bounty is awarded.
• Opinion #3 - Although it is true that Ripple and Litecoin aren't mentioned, I do not see a correlation to the claim. Therefore, no bounty should be released

Claim: According to this article, the CEO is now saying that there is XRP and LTC "in cold storage". Here is a link: https://reactcrypto.net/justin-tabb-clears-up-substratum-shortcomings/ This quote is contained in the answer to the very first question: "we still have roughly half the Ethereum that we raised during the ICO and nearly all of the Ripple and LiteCoin we raised are still stored in Cold Storage." – Justin Tabb The whitepaper says the ICO funds will be hedged in Ethereum, BTC, USDT, USD Fiat... there is no mention of Ripple and Litecoin.

Highlight: To ensure the development fund is not subject to big market fluctuations, we're hedging it four ways. By doing this we ensure we have the capital needed to finish each phase of the project budgeted for in the Initial Coin Offering (ICO). Ethereum (25%) BitCoin (25%) USDT (25%) USD Fiat (25%)

9f27e0cf8bf0e9a8b23f5d0a7d905c86

Opinion #56: An opinion has been issued in Automatic Claim Number - cla1553851021.

It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 1% of the bounty and a median of 0% of the bounty.

Please see below for the opinion of the jury:

• Opinion #1 - This is not a claim, just questions.
• Opinion #2 - all new businesses come with risk, the questions raised are indeed valid points but do not point to dishonesty or malfeasance.
• Opinion #3 - This is a very good question for the discussion, but not a claim

Claim: A very impressive approach, disruptive and an alternative to cloud hosting data centres planted around the world. Not critical enough from the perspective of the user - most liabilities associated with hosting then lies primarily with the user, such as maintenance of hosting servers, ensuring no power failure. How will substratum ensure users fulfil their part? Is substratum indeed allowing anyone to be a web host or creating a selective measures to recruit users? This is crucial to the success of the idea otherwise the promise of no network downtime 3.3 will not be fulfilled. Imagine a browser makes a request, the substratum network captures the request, geo-location and with Machine learning routes the request to the node nearest to the browser. The computer at he node presents the appropriate page to the browser but then an unforeseen circumstance happened - power outage on the computer, probably due to a kid playing tampering with electric circuits or a malicious software affects the computer. This inadvertently will cause a downtime. Is substratum providing ways to reroute a request to a new node in case of unforeseen circumstance like this?

Highlight: t will allow anyone to become a web host and earn Substratum’s own cryptocurrency while the user is hosting.

d9e2e8b5f4b4bbbad9db1f34cd457a6d

Opinion #58: An opinion has been issued in Automatic Claim Number - cla1554453923.

It was decided to release 0% of the funds. The jury voted in their opinion to release an average of 0% of the bounty and a median of 0% of the bounty.

Please see below for the opinion of the jury:

• Opinion #1 - The claim is a knowledgeable and very well thought out, but it can best be described as an evalution of the quality of Substratum's product. There is no evidence or compelling argument made presented that demonstrates that the whitepaper is deceptive or misleading with intent.
• Opinion #2 - these are valid reasons not to use this service but not misleading parts of a business plan
• Opinion #3 - reading through the claim, I determined that it isn't one. its just a statement

Claim: Efforts are made to have competitive advantage only on one type of hosting (VPS) and not cloud hosting. The paper speaks more of the disadvantages of VPS and provides solutions to these advantages. For example, the resolutions 3.1,3.2, 3.3 are only applicable to VPS and have been implemented by incumbent cloud hosting companies. 3.1 In cloud hosting you only pay for the resources you use, not by the traffic request see - (https://azure.microsoft.com/en-us/pricing/details/app-service/windows) . Moreover, the resolution does not provide a low cost in all cases. Consider a site that is using ads to draw traffic to the site. Hence, the more traffic drawn to the site, the higher the bill. Cloud hosting provides a better solution in this case. 3.2 cloud hosting companies have the capabilities and provide more sophisticated approach to serving millions of sites. For instance, the use of application gateways to route traffic to a specific endpoint, traffic managers to route traffic automatically to other available and closest endpoints. 3.3 cloud hosting companies have data centres built around the world, therefore ensuring better uptimes experience In summary, full qualitative assessment of competitors and therefore the resolutions do not provide a competitive advantage

Highlight: Substratum aims to resolve these common issues in the following ways: !6 1. Drastically reducing hosting costs through peer-to-peer hosting that is billed per request through micro-transactions. This means that you will only be billed when people go to your site as opposed to per minute or hour like AWS and other cloud hosting platforms.

9bd3b51d47ae5c4ce62b0b9bff79d585