I am had thought it would be easy to use AE for crypto gateway, especially considering BCNext's discussion about BTC gateway. It is also important to have NXT Asset 100% backed by actual asset, be it loaf of bread, BTC or turtles.
For anything that isn't all created at genesis, a one time quantity is wrong. Almost all real world things will have a variable number, especially if we have a BTC gateway using AE
right. consider how stocks can split, etc
Actually, we should consider this more carefully. Think of the different types of asset markets - consider Anon136's silver bullion asset. Instead of adding qty, maybe since his asset market doesnt depend on ratios and dividends like stocks do of his asset he should just create 1 billion assets and issue them as appropriate; In his case of Assets/markets there is never need to increase QTY.
But then we should also implement a new transaction and API for an asset split/reverseSplit, where if the split/reverseSplit transaction is in the blockchain for that particular asset, then the qty of that asset for each holder is halved/doubled. BAM easy-peasey. And Im sure that in the future there may need to be some kind of dividend-NXT-payout API/transaction as well.
Are there any other types of markets we should plan for?
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The stronger Doge. As a parody and as a show of force of NXT.
