outdated as an idea
Why?
I still think it's a fascinating experiment.
Topic: [Proposal] Abstract Coin 1.0.0 (Read 3695 times)
Why?
I still think it's a fascinating experiment.
outdated as an idea
Why?
I still think it's a fascinating experiment.
Not only dead but also outdated as an idea. Thanks, though.
I'm all in. Love the idea. I love new ideas. Wanna send some giveaways?
I could send you some, but I think this project is dead?
I'm all in. Love the idea. I love new ideas. Wanna send some giveaways?
Resurrection!
the way to go!
Still no news?
Any news on the development of this?
But i guess its no more innovative then cloning litecoin with different parameters. Abstractcoin is the future!
Funny, after reading what mastercoin is, this is exactly what I thought of.
Branding mastercoin as a protocol instead of an altcoin, and saying, well if you send me bitcoins, ill say you have 110% mastercoins! And we will run software that bloats the bitcoin blockchain and sends value.. over something that is already sending value.
Its sort of like me wanting to send someone 11 monopoly dollars, but gluing them to a $1 dollar bill and calling that innovation.
Branding mastercoin as a protocol instead of an altcoin, and saying, well if you send me bitcoins, ill say you have 110% mastercoins! And we will run software that bloats the bitcoin blockchain and sends value.. over something that is already sending value.
Its sort of like me wanting to send someone 11 monopoly dollars, but gluing them to a $1 dollar bill and calling that innovation.
im' in!
Very happy to see this project is still alive. It's one of the most innovative.
I think it shouldn't be tied to a single chain though ... it should be somehow independent while at the same time using existent technologies
If that makes sense?
I think it shouldn't be tied to a single chain though ... it should be somehow independent while at the same time using existent technologies
If that makes sense?
why don't we start up a ripple AC coin ledger as well....!
it records every transaction we make what for what....
it records every transaction we make what for what....
why don't you make a altcoin, wouldn't it be easier?
Abstract Coin, has never been about creating an altcoin, its more about having fun, experimenting with a new idea, seeing where it goes, and it definitely going places!
Are all these projects embedding stuff in the blockchain just an elaborate scheme to twist dev's arms into addressing the blocksize limitation sooner? Or am I missing something? What's the benefit here?
The fact that 3 projects are developing similar ideas should indicate the awesomness of this idea. If Abstract Coin succeeds, it will open up a new and easy way of making altcoins, it is similar to colored coins but with some key differences, the market will decide which is best!
The altcoins created with Abstract Coin will right away inherit the same level of security as bitcoins.
It will allow people to create their own decentralized Abstract objects for wtv reason they see fit, it could be used to Issue shares in a decentralized manner, at the click of a button!
Just because Abstract Coin piggybacks its protocol on the bitcoin network, doesnt mean its functionality will be limited to the bitcoin TXs, an Abstract Coin could be made to allow for a delayed TX or wtv other type of TX we can imagine!
It is not clear whether this is even possible, but the potential benefits are to gr8 to ignore, we must try!
Abstract Coin, has never been about creating an altcoin, its more about having fun, experimenting with a new idea, seeing where it goes, and it definitely going places!
Are all these projects embedding stuff in the blockchain just an elaborate scheme to twist dev's arms into addressing the blocksize limitation sooner? Or am I missing something? What's the benefit here?
The fact that 3 projects are developing similar ideas should indicate the awesomness of this idea. If Abstract Coin succeeds, it will open up a new and easy way of making altcoins, it is similar to colored coins but with some key differences, the market will decide which is best!
The altcoins created with Abstract Coin will right away inherit the same level of security as bitcoins.
It will allow people to create their own decentralized Abstract objects for wtv reason they see fit, it could be used to Issue shares in a decentralized manner, at the click of a button!
Just because Abstract Coin piggybacks its protocol on the bitcoin network, doesnt mean its functionality will be limited to the bitcoin TXs, an Abstract Coin could be made to allow for a delayed TX or wtv other type of TX we can imagine!
It is not clear whether this is even possible, but the potential benefits are to gr8 to ignore, we must try!
What's the benefit here?
my wallet might benefit! lol
their are many benefits to adding my own layer on top of bitcoin
I'll make a detailed post as why I'm doing this, what the long term goal is, and why its going to be really cool and fun, tomorrow, I'm watching star trek now
OK, Adam... 
So, you created an abstract coin, which is pretty much like other Alt coins (abstract), just lacking cryptographic proof of work to secure the ledger.
Now, recognizing what it was missing, you have decided to use the blockchain as the ledger.
Are all these projects embedding stuff in the blockchain just an elaborate scheme to twist dev's arms into addressing the blocksize limitation sooner?
Or am I missing something? What's the benefit here?
So, you created an abstract coin, which is pretty much like other Alt coins (abstract), just lacking cryptographic proof of work to secure the ledger.
Now, recognizing what it was missing, you have decided to use the blockchain as the ledger.
Are all these projects embedding stuff in the blockchain just an elaborate scheme to twist dev's arms into addressing the blocksize limitation sooner?
Or am I missing something? What's the benefit here?
I like it a lot more now.
Can I still create a wallet in the other post?
EDIT: I just went ahead and did it. Hope it gets confirmed
Can I still create a wallet in the other post?
EDIT: I just went ahead and did it. Hope it gets confirmed
yes i will keep sending out freebies, and they will be all transferred to the new version
but the freebie will less then before.
Damn I wanted to be an abstractillionaire.
It'll be just fine. Thanks !
I like it a lot more now.
Can I still create a wallet in the other post?
EDIT: I just went ahead and did it. Hope it gets confirmed
Can I still create a wallet in the other post?
EDIT: I just went ahead and did it. Hope it gets confirmed
yes i will keep sending out freebies, and they will be all transferred to the new version
but the freebie will less then before.
I like it a lot more now.
Can I still create a wallet in the other post?
EDIT: I just went ahead and did it. Hope it gets confirmed
Can I still create a wallet in the other post?
EDIT: I just went ahead and did it. Hope it gets confirmed
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