4 ms·
It isnt decentralized, this is a feature that allows >Hidden transactions >No txn fees >Anonymous usernames And the obvious benefit that you own an index fu
by mkirklions 8y ago
It isnt decentralized, this is a feature that allows
>Hidden transactions
>No txn fees
>Anonymous usernames
And the obvious benefit that you own an index fund instead of USD.
- scottlocklin 8y agoAt the moment, I'd rather hold dollars. You didn't answer the question; there is still an oracle problem. How do I know you're holding a unit of the index fund for each token? I have a pretty good idea my broker will, as he'll go to jail if he gets caught short. That's usually right, but then we have clowns like Jon Corzine who get away with it because they're more equal than others. The other stuff can be done with a permissioned blockchain; if you can adequately solve the oracle problem, you'd have something pretty interesting. If you don't, you're an unregulated broker who uses Chaumian tokens.