Translation bounties are paid! And thanks joe for also posting it at bitcoingarden
Joachim was just interviewed by Tatiana Moroz and Joshua Scigala about the project. Check out the vlog and podcast here:
https://www.youtube.com/watch?v=QESOs5z3AIg&t=2134https://liberty.me/audio-video/the-tatiana-show-bill-barhydt-of-abra-joachim-de-koning-of-internet-of-coins/Hello
@Dotrego, thank you for your message in the Russian thread. There is a question from @Mento about what you wrote
Mы мoжeм пpoдoлжaть пoддepживaть paзвитиe, в тeчeниe нecкoлькиx лeт, дaжe ecли cбopщик дeнeг низкий. (Этo пpocтo зaймeт бoльшe вpeмeни.)
In case you will collect a small amount during fundraiser, do you plan to have 2nd or 3rd fundraisers later?
No, just this one for the project. We already did quite some work on the core itself, so we can continue development under frugal budget by either the research grants or partly through our own input as we have done the past years. Our main goal is to provide the technology to the community and its developers, help grow the network and offer support.
What are other project's advantages for investors in addition to hybrid tokens?
In addition to what agent725 mentions; the tokens themselves can be traded as well. During the fundraiser, they are distributed at a discount.
Thank you for the answer, based on which a new question pop up. One of the members is wondering why not to install 5 different wallets which will give the same effect for the user, why do you think your idea will collect money on this, what makes it so unique? Thanks
For technical users, 5 different wallets would be possible. With Internet of Coins, you have them together in one environment, where you do not need to host all the blockchains of the currencies. So for instance, deterministic transactions can be proxied. Plus, the currencies would be interchangeable with each other. We are designing the system to include all currencies through
recipes. (Like the one user
gramen made in this thread.)
We believe it is worth something to create a coherent decentralized environment out of all the blockchain technologies that are available. For instance, you can create more consensus security. We do not earn fees from this system. In the future, it is possible for anyone to create products on top of the objective environment we are building.
Thanks Polypanto, keep the questions coming. We will add them to the FAQ.