Quote
"Gao Lin believes that the Leshi blockchain platform’s local token will play a vital role in the network for both the artists and other parties involved."
This news has nothing to do with bitcoin, it is more of an altcoin news. After all Leshi want to create their own token and another (I assume) private blockchain.
So basically we will have another big database with glorified name "blockchain" added to it. Plus it is not as secure as decentralized blockchains powered by mining hash power.
+1 for that... We see too many people pushing Blockchain-based technologies that are in actual fact a cheap ripoff of the real thing. These private ledgers are just a piss ass attempt to fool people that
they getting the advantages of a Bitcoin based technology. They are in direct competition with Bitcoin and they rape the basic principles of this technology and what our goals are for a public
decentralized network. I will not support systems like this.
