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As far as I can see, the inclusion of a turing complete gas limited language makes it possible to do some of the things you can do with ethereum: Creating your
by chvid 7y ago
As far as I can see, the inclusion of a turing complete gas limited language makes it possible to do some of the things you can do with ethereum: Creating your own tokens, possibly creating a distributed exchange / order book. But only much faster and presumedly cheaper since blockchain is kept only on a few nodes and there is no expensive proof of work. Will be fun to see what comes of this.
- antocv 7y agoLooks like its not a blockchain at all, there is no Proof-of-Work or Proof-of-Stake, instead validators. Skimmed over documentation, consensus protocol seems to be BFT, like Stellar (XLM). So, they did not even innovate anything in cryptocurrency space. Just re-write, re-implement, re-hash old ideas with their name on it. So not really distributed, just slightly decentralized. Zuckerercoin.
- chvid 7y agoWhat matters is the implementation; if they can put the following together: - Fully programmable smart contracts - Fast cheap transactions - Easy onboarding - Default support for fiat currencies - Nice end-user interfaces Plus a strong push to their existing user base and a number of established businesses.
- chvid 7y agoBut it will be fun to see what comes out of this and what is allowed. I for sure look forward to create a ponzicoin and a casino that my mum easily can use ...
- jlevers 7y agoYou replied to a thread that I created over a month ago about climate change [0], and I somehow never saw your reply. It's old enough that I can no longer respond to your comment, but I'd like to get in touch with you if you're still interested. My email's in my profile. Sorry to respond to you on an unrelated thread -- I don't know how else to get in touch since comments are disabled on the original thread. [0] https://news.ycombinator.com/item?id=19908974 https://news.ycombinator.com/item?id=19908974