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Thanks for the response. You state as much in the FAQs. I will show my ignorance here but see if we can make some headway. Your own token doesn't have to be f

by nnn1234 10y ago

Thanks for the response. You state as much in the FAQs. I will show my ignorance here but see if we can make some headway. Your own token doesn't have to be fungible with other tokens so it doesn't have to be worth anything. The cost of mining therefore is just the time and electricity which you would charge your users for. So my question was around user cost,fungibility of your token and added stress to the Bitcoin blockchain.

abacus76 10y ago
In order for a blockchain to be decentralized and immutable one would need to have a large spectrum of participants involved in mining. If a single party is mining then his particular blockchain could be re-written by that single party or any other single party with greater mining power. Therefore we tend to believe that basing a stamping functionality on a broadly accepted token based blockchain (such as bitcoin or ethereum) is the only way to go.
- nnn1234 10y ago
  I am sure we are talking past each other here. I wish you the best of luck with your idea. Please let me know If I can help in anyway.