Topic: We created a new Ripple Currency: The Favor (FAV) - page 4. (Read 4924 times)
so... can I do anyone a favor? I have too much FAV debt.
Yay! I always wanted to be an early adopter of a new currency! 
Digi @ ripple rHCSeQNZZz7FWbxvLjB2RzF1CrBeUcDj7J
Digi @ ripple rHCSeQNZZz7FWbxvLjB2RzF1CrBeUcDj7J
you now are proud owner of 0.2 FAV
Yay! I always wanted to be an early adopter of a new currency!
Digi @ ripple rHCSeQNZZz7FWbxvLjB2RzF1CrBeUcDj7J
Digi @ ripple rHCSeQNZZz7FWbxvLjB2RzF1CrBeUcDj7J
@zulzedd: can you post a screenshot of your 1 FAV balance?
@Digigami: what's your ripple address?
@Digigami: what's your ripple address?
Alright I'm gonna give this ripple thinggy a try.. molecular I think I have trusted you with 1 FAV now as well
ok, but you didn't do me a favor
. However, I'll send you 0.1 FAV.also: YAY, a new debt-based currency is born:
and: FUCK, I'm already indebted
Alright I'm gonna give this ripple thinggy a try.. molecular I think I have trusted you with 1 FAV now as well
zulzedd, I sent another 0.1 FAV, that seems to have worked. Did you get it?
I'll try to send another 0.9 FAV.
I also just added trust to you with 5 FAV, so you should now be able to send me some.
I'll try to send another 0.9 FAV.
I also just added trust to you with 5 FAV, so you should now be able to send me some.
Would someone trust me (rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU) with 1 FAV, please, so I can try sending some?
5 FAV trusted! 
Tried to send 1 FAV, got this:
thanks for the Favor, I sent you 1 FAV. At least i got no error. However I can't see "-1 FAV" in my balance and nothing in history.
I also noticed it took very long (20 seconds or so) to calculate the path. But it seems it found one.
I'm going to try to send another 0.1 FAV to you.
Would someone trust me (rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU) with 1 FAV, please, so I can try sending some?
5 FAV trusted! Tried to send 1 FAV, got this:
anyone can create own currency in Ripple system?
Maybe not technically yet, but in essence (or soon): yes, I'm pretty sure that's going to be possible easily. Can be used for example to run a local currency or niche currency or game currency or whatever.
EDIT: actually lol, I think it might already be possible: I managed to extend trust for "1 FAV" to someone (you can actuall enter stuff into the dropdown boxes).
Would someone trust me (rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU) with 1 FAV, please, so I can try sending some?
anyone can create own currency in Ripple system?
Is this experiment in progress? Anyone succeeded creating new (user-defined) currency in Ripple so far?
I would really like to try this at some point. I think it's too early for this, though. Let's wait until the rippled is released and people can run servers and scale it up a bit testing with the existing currencies first.
What would happen?
Speculators would jump in and soon favours would be traded for BTC. Increasing the actual costs of favours to a amount where there couldn't be used for there once intended purpose anymore.
Soon after that [Enter Very Nice Guy] comes along and crashes the price buy selling Millions of favours.
How about we make a new currency on ripple called the Favor (XFV?).
Each time someone does me a favor, I'll send him 1 Favor via ripple.
What would happen?
Each time someone does me a favor, I'll send him 1 Favor via ripple.
What would happen?
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