21–30 of 68 posts
I like that it is mildly inflationary over the long term, as opposed to deflationary.
Other the hand, Bitcoin doesn't have to replace the complete currency system to become a useful medium for transactions.
So, a low-level of inflation can still be maintained via fiat currency.
(We obviously need a certain amount of inflation to encourage people to invest vs. hoarding their money.)
Another Bitcoin crypto-clone. Why does this need crowdfunding? Is the traditional mining and conversion to other cryptocurrencies not enough of a financial reward?
If the devs are reading--the quotes scroll too quickly to comfortably read, especially with no way to control them or go back. Otherwise this is a gorgeously designed site.
Also, I would do away with clichés like "the only limit is your imagination" et similia as well as all the techno-babble. Keep it simple, don't overdo it.
No, no a thousand times no... you are building weird machines[1] into the design of the money system. [1] https://www.usenix.org/system/files/login/articles/105516-Br...
First we had cryptocurrencies, now we have generic cryptocurrency platforms. How long until we see cryptocurrency platform platforms?
Technical term is "Factory". :^)
My opinion is that we need some better generation currencies that are extremely hard to scale for mining before doing advanced stuff with them.
Am I the only one that finds the resemblance with SteamOS page disturbing? I thought halfway that there will be controller shown. My opinion is that we need some better generation currencies that are extremely hard to scale for mining before doing advanced stuff with them.
Another Bitcoin crypto-clone. Why does this need crowdfunding? Is the traditional mining and conversion to other cryptocurrencies not enough of a financial reward?
Crowdfunding = developers will be instead drinking beer at local pub instead of coding their ass off. Best way to make sure that no results.
Earlier quoted context omitted.
It seems there's a nice economical limit on script execution. If the contract during its executing consumes more resources (ops + memory) than fees attached to it, the it's simply considered invalid. That computation is done after the money is locked and the fee is attached, so if you do while(1){}, you are basically donating to a miner. I haven't finished reading everything yet, so I maybe totally incorrect. But I d…
I am less worried about while(1){} and more about viruses (either in-system or breaking out of it via exploits) roaming the blockchain semi-autonomously stealing or spying.