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Introducing Token

blog.tokenbrowser.com

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Re: Introducing Token

#31

Post by menacingly »

aaron-lebo wrote: post #29
zimzim wrote: post #24

living in Zimbabwe now, there a severe shortage of cash, Im hoping a project like this one will catch one day. good luck

Is Ether not in short supply around there? Serious question - is it easier or more likely to fix government issues which cause that lack of cash, or is it easier to fix those issues in order to get the technical infrastructure necessary to transplant technology not even widely used in the US? The notion that a poor villager would be reliant on the Ethereum network for anything is slightly terrifying. Where do they go…

Not sure why this is downvoted, looks like a decent question asked in good faith

Re: Introducing Token

#32

Post by DennisP »

beaconstudios wrote: post #17
Freak_NL wrote: post #5

Earlier quoted context omitted.

> It's all about money at the end of the day, isn't it? I'm still having a hard time seeing any cryptocurrency based application as anything but an attempt to facilitate speculation based on that currency's value. There seem to be so many perverse incentives inherent to this technology that I automatically find any idealistic application of it suspect. Perhaps this is overly cynical, but all cryptocurrencies seem to…

I agree with your sentiment with regard to the huge number of altcoins that have emerged since bitcoin's arrival, but I still believe there is a core value to cryptocurrencies. However, I disagree with the common statement that that benefit is related to anonymity or privacy. I think the core benefit of cryptocurrencies is in their immutable ownership and exchange - if I buy something with PayPal on eBay I might get…

Ethereum has a 14-second block time and plans to shorten it to about four seconds with proof-of-stake. Offline transactions are pretty simple to implement: http://www.blunderingcode.com/a-lightning-network-in-two-pag...

There are various stablecoin projects too, either backed by someone's offchain assets or using derivative contracts. Personally I think stability will come naturally to the native currency as it gets used more in commerce.

Re: Introducing Token

#35

Post by pimlottc »

I'm not sure "Browser" is a good term for this; I get that they are trying to convey that it's just a client for the existing independent Etherium network, but to 99% of people, "browser" == "web browser". It's just going to cause confusion, especially in non-technical users (which seems to be a user base they are trying to go for here).

Even as a developer, when I saw "tokenbrowser.com", I was expecting to see a web browser. Visually, it looks more like a chat client (makes sense since they are taking inspiration from WeChat).

Re: Introducing Token

#36

Post by terhechte »

aaron-lebo wrote: post #27
terhechte wrote: post #18

Earlier quoted context omitted.

It is indeed looking very complex, but that's because (as others have pointed out) it is still rather young. Ethereum itself is being implemented with a phased roadmap: Frontier, Homestead, Metropolis, Serenity. We're still in the Homestead phase, and Metropolis (the next phase) will, for example include "a relatively full-featured user interface for non-technical users" [1]. But even this is probably still years awa…

Not to be dense, but don't understand your argument. You just listed how Ethereum is a sizable tech stack and still growing and then suggest that it will eventually get simpler - after it has more users, after there is technical lock-in. That seems contradictory to many working projects. Perhaps it is complex? It's a reinvention of almost the entire web stack.

Sorry, I could have been more elaborate. Let me try to give some examples of what I mean:

- A computer is quite complicated: It requires electricity, gates, transistors, boolean logic, a CPU, machine code, a machine code low level boot loader, an operating system, a windowing server, an application framework. And finally, within the application framework we can build something like Notepad that is really trivial and simple to understand for the average user. A calculator is much simpler (given the whole tech stack), but trying to enter text there (like in notepad) would be much more difficult (if it had a stack, you could enter the hex value of each char, making up words). In this case, the beautiful simplicity that defines modern computing can only work because we first had to build and invent all the layers below it.

- A web browser / server is also, again, really complicated. The end result is that users go to google.com, enter a search term, and receive the results. Without the additional complexity of MapReduce, millions of servers, AI, etc, Google search wouldn't be so simple.

Ethereum is still in the phase where complex technology is added so that finally simple layers can be put on top. Raiden [1] is an example of that: As a user, I want to pay something immediately. Looking at a block explorer after payment with a transaction ID to see when there're enough blockchain confirmations is very complex. At some point this will be the technology under the hood as transactions will happen in near-realtime. Then, no user has to even understand the transaction, transaction time and confirmations.

Ethereum is indeed re-inventing much of the current web stack, but this happens, of course, in the context of decentralised, trustless, open computing.

[1] https://bitcoinmagazine.com/articles/lightning-fast-raiden-n...

Re: Introducing Token

#37

Post by terhechte »

argentinaIT wrote: post #26

Is this supposed to be a UI for end users of smart contracts? Are smart contracts widely deployed in production yet? Or just b2bexperiments experiments ?

Yes, this is a UI for Ethereum Smart Contracts. It is not in production yet, it is still running on the Ethereum Testnet. I suppose it will undergo more testing before it goes live on the main net. There're a few smart contracts that are already in production and being used, but the whole smart contract (DAPP) ecosystem is currently blossoming. There're many interesting dapps soon to be released. Since everything ethereum is so new and untested, development takes much longer to make sure there're no non-obvious loopholes and bugs.

Re: Introducing Token

#38

Post by [deleted] »

aaron-lebo wrote: post #29
zimzim wrote: post #24

living in Zimbabwe now, there a severe shortage of cash, Im hoping a project like this one will catch one day. good luck

Is Ether not in short supply around there? Serious question - is it easier or more likely to fix government issues which cause that lack of cash, or is it easier to fix those issues in order to get the technical infrastructure necessary to transplant technology not even widely used in the US? The notion that a poor villager would be reliant on the Ethereum network for anything is slightly terrifying. Where do they go…

[deleted]

Re: Introducing Token

#40

Post by to_bpr »

pimlottc wrote: post #35

I'm not sure "Browser" is a good term for this; I get that they are trying to convey that it's just a client for the existing independent Etherium network, but to 99% of people, "browser" == "web browser". It's just going to cause confusion, especially in non-technical users (which seems to be a user base they are trying to go for here). Even as a developer, when I saw "tokenbrowser.com", I was expecting to see a web…

Likewise. I applaud their idea and technical work but their messaging needs an overhaul to make it more accessible/consumable to the average person.
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