If I can transfer and trade for free, why the hell I need LTM?
- creating an assets
- cheaper stealth transfers
- premium accounts, shorter nicks
- ability to be a part of referral program (fees from things above + (for LTM) profit from possible future revenue from transaction fees)
duh
https://www.youtube.com/watch?v=rMV-fenGP1g#t=3m1s
(what are you waiting for?)
(someone to fork BitShares and implement this algo?)
That would be great! Seriously! BM is a great developer, but second implementation of this same idea, especially based on this same code base, would be a great source of informations and inspiration. IMO, no coin which is no open source has the future, what means, other cryptocoins can and always will can copy best idea or implement them even better.
In my opinion, right now is better to "waste" a few days for discussion to make sure, that this could actually work. The worst thing we could do would be to say: "this is great, start immediately!". With this article BM gives another professionals a chance to speak up about drawbacks of this approach. If this idea is truly very good, it will survive. If it has some major problem not discovered yet, it would be better to spot it sooner, than later. This could save us moths of development.
I really appreciate an effort and the transparency of this workflow. Appearance of such people like
@clemahieu proves, that openness could bring attention of other skilled developers, who are eager to show their code and maybe even help with its development.