4 ms·

Is there a secondary market?

• wmf 10y ago
  No, and they're kind of discouraging it. "We're resistant to any technical measure that would effectively "securitize" or "monetize" Urbit ships — either rendering them fungible and/or trivially transferable, or defining them as fractional claims against some shared asset." On a more practical level, since most of the address space is unallocated it seems simpler/cheaper to buy fresh space from Tlon than secondhand space. Like how nobody was buying IP addresses when ARIN was giving them out for free.
  • tinco 10y ago
    When transferring ownership of a planet, is it done through a cryptographic transaction like in Bitcoin, or is it a plain transfer of a private key that manages the planet? If it's the latter I can see how 'second hand space' really is a bad idea as there's no way to enforce the transfer of a private key.
    • jpt4 10y ago
      Namespace transfer is more like creating a new PGP key and revoking the old. You broadcast the new key and can prove that the old key is invalid via the revocation certificate, but there is no distributed consensus mechanism, e.g. a blockchain; the new information simply is propagated throughout the routing network.