News for hackers. Stuff that matters.

A comment on Colony: A platform for open organizations. Parent comment

Re:Colony: A platform for open organizations by Kiro on Thursday October 05, 2017 @02:30AM (#15407014)
What's the difference between a protocol token and the scam tokens you usually get from ICOs?
[ Parent | on HN ]
Re:Colony: A platform for open organizations by mbrock on Thursday October 05, 2017 @02:58AM (#15407126)
One's a scam and the other isn't? I mean, it's just a question of whether the thing is legitimate, real, and non-fraudulent.
[ Parent | on HN ]
Re:Colony: A platform for open organizations by Kiro on Thursday October 05, 2017 @06:52AM (#15408129)
That's what I'm asking though. Are "protocol tokens" the same as regular tokens, technically speaking?
[ Parent | on HN ]
Re:Colony: A platform for open organizations by QAPereo on Friday October 06, 2017 @09:33PM (#15421729)
In the same way that mmorpg currency is.
[ Parent | on HN ]
Re:Colony: A platform for open organizations by vertex-four on Thursday October 05, 2017 @05:17AM (#15407711)
A protocol token can actually be used to do something.
[ Parent | on HN ]
Re:Colony: A platform for open organizations by Kiro on Thursday October 05, 2017 @06:52AM (#15408134)
What is it then? How does it differ from regular tokens, from a technical point of view?
[ Parent | on HN ]
Re:Colony: A platform for open organizations by vertex-four on Thursday October 05, 2017 @06:02PM (#15412902)
There is some program in existence which uses the tokens to fund or incentivise actually performing some useful action.
[ Parent | on HN ]
Re:Colony: A platform for open organizations by mhluongo on Thursday October 05, 2017 @07:56AM (#15408393)
It's necessary for the network design.
[ Parent | on HN ]