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Actually, the Euro Token is a virtual FIAT implemented on Ethereum. I can't reveal much more information on it until the project formally goes live (which is im

by Ursium 9y ago

Actually, the Euro Token is a virtual FIAT implemented on Ethereum. I can't reveal much more information on it until the project formally goes live (which is imminent), but I can't tell you it thankfully goes a lot further than what you noted. There's a lot more information coming up because it's my understanding Carsten only intended his tweet a bit as a 'teaser'. I had written this piece back in September when we entered live beta: https://blog.slock.it/blockchain-energy-p2p-sharing-project-share-charge-going-into-live-beta-ad4e069e79dwhich https://blog.slock.it/blockchain-energy-p2p-sharing-project-... might give a bit more context.

Animats 9y ago
The article says "has launched". It hasn't?
- mlvljr 9y ago
  You one of those baby boomers, aren't you? XD
- Ursium 9y ago
  It's a soft launch. Looks like the media jumped on it a tad too early, but the proper launch is imminent regardless.
runeks 9y ago
Who is the debitor in this scenario? In other words, who sends me 1000 EUR via SEPA when I cash in my 1000 virtual Euro tokens? Seems to me like, when it comes to credit, Chaumian cash makes much more sense, since you depend on a central party anyway. The only weakness of Chaumian cash is the central party, but with redeemable tokens you depend on a central party in the first place, since someone needs to redeem the tokens in question.