Is this the start of a New Paradigm ?
The launch
of Umbra 1.0 last week has gained a lot of attention from investors and
speculators alike and some people are starting to take notice the ground
breaking work that the developers have done with this release.
Now
for the first time you can communicate, form groups and make payments,
all done anonymously and all in the one app. This I believe is a world
first as we have never before been able to form anonymous trade groups
on a decentralized platform with anonymous payments.
As you can
see, the basis for the market is already there with the ability to post
pictures and chat in groups. These are screenshots on my first test of
the group chat feature last night. And I have to say it was impressive,
and I am not just saying that because I am a fan of the Project.
It
was fast and responsive and worked flawlessly but there were a couple
of issues. The first is it wasn’t really user friendly to set up or join
groups and the second problem I found was that when very large pictures
are posted it seems to mess with the scrolling a bit. But these are
minor issues that I am sure will be resolved shortly.
The value of SDC
which is the currency that Umbra uses for payments has also risen
sharply in response to release and went from around 30 cents to $2.50
and is now trading at around $1.50 and and looks like it has every
chance of surpassing or at least matching (price wise) the leading anon
coin Monero ($15).
The developers have promised a marketplace soon and by judging from my test run last night I believe them.
Never
before has the world had a truly anonymous decentralized marketplace
and it certainly could create some big waves in private commerce. It’s
open to anyone to use and it cant be shut down by LE.
A new paradigm? Yes I believe so.
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