Bitsharestalk forum is supported by Bitsapphire
BitShares X Testnet
Quote from: smaragda on January 20, 2014, 09:26:40 AMYou people need to Lay Off The Pipe... KLONE is pipe agnostic. If you think deeply on how financial market derivatives work you'll see that KLONE is actually quite a conservative market construct. Look into the causes of the sub prime mess, or Bernie Madoff for example. Those guys were way more into the pipe than KLONE.I like having fun, but all POS coins have a problem.How to secure the ethical integrity of the genesis block?NXT had a bitcoin IPO - some people said it was unfairNEX giving away genesis coins for free - "interested" posted in a thread costs nothing - this creates over-subscription, so NEX value will be zero, so nobody will INVEST money or effort into building itKLONE is offering an answer to the genesis block distribution.proof-of-clone = proof-of-commitment -> Fairness & Initial value -> VIABLE POS COINWhat is the cost of launching a new clone of NXT? ZeroSo how do you insure the survival of something that has no economic value now, but will later when it is fully grown, but has many potential rivals? How does a human baby do this? LOOK CUTE TO PARENTS -> proof-of-commitment -> agreement to swap care needs through time -> parents & babies -> adult children & old parents!KLONE is way more thought out than NEX KLONE is following DAC concept almost (https://bitsharestalk.org/index.php?topic=1854.0)KLONE will find better parents than NEXNEX parents will abandon their baby (no evidence of commitment)KLONE parents will all have shown 'some' level of commitment, so KLONE baby CAN survive.NEX is angry (NEX maybe needs the pipe)KLONE is happy, so easier to sell.WHO WOULD MAKE THE BEST PARENT FOR YOU? A CLONE OF YOURSELF?
You people need to Lay Off The Pipe...
Page created in 0.403 seconds with 20 queries.