i can't wait for the appcoin narrative to die. the idea that a "decentralized" network with its own proprietary friction-token will somehow beat out a centralized network with several widely accepted and readily available forms of payment is a techno-utopian myth at best.
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I think it's important that the token isn't doled out by some central authority though. That's how most of these appcoins seem to work
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I think it is important that tokens in this example be semi-controllable by the creator in the beginning so they can incentivize adoption & figure out the token mechanics. I'm not saying anything about crowdfunding, just the ability to kickstart network effects
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The need for initial central control seems exactly like the point. If you can only do a successful decentralized service by starting centralized and weaning off, why try to decentralize at all unless it's just a marketing gimmick?
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For the same reason that startups don't build v1 of their product and then just call it a day. Building things that work well requires a lot of experimentation and I think decentralization should be a gradual process that fits this.
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Totally disagree. Private torrent trackers had sustainable incentive models via UL/DL ratios that every member had to “work” for. Tokenization/financialization would have ruined those communities IMO.
@backus were you a member of http://what.cd , oink, or waffles? -
Yes member of what and waffles plus tons of others. Did you read my article? Part of the point is that it would bring decentralized ratio-like incentives to public trackers that don’t depend on one specific centralized site.
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I havent read all of your articles (skimmed the first) so I apologize if you’ve addressed this. Which one in particular are you referring to?
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The BitTorrent token one I linked above. In the tweet you first responded to. "What if BitTorrent had a token?"
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Oh god im blind. Gotcha.
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thoughts on Tron's acquisition of bittorrent and how that might play into your ideas in the article?
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I get this question a lot. tl;dr, no :)https://twitter.com/DHannum8/status/1024113531292008448 …
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Tokens would also improve Tor. More incentivized nodes would make tracking harder, which is what Orchid is solving.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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