Launch HN: Hexel (YC W18) – Create a cryptocurrency for your community

Re:Launch HN: Hexel (YC W18) – Create a cryptocurrency for y... by pavlov on Friday March 16, 2018 @03:08PM (#16603186)

You could just make a Google Sheet called "My Friend Tokens", make two columns "name" and "amount", and put each friend on a row. Then enter your rewards there and share the sheet in read-only mode with everyone.

What's the actual difference between this and an Ethereum token? Except you don't need to pay for the Google Sheet, of course.

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Re:Launch HN: Hexel (YC W18) – Create a cryptocurrency for y... by cloudhead on Saturday March 17, 2018 @07:12AM (#16606440)

This made me laugh. In case it’s a serious question: the excel sheet doesn’t transfer ownership of the tokens to the friend. It would be like writing it down in my notebook.

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Re:Launch HN: Hexel (YC W18) – Create a cryptocurrency for y... by pavlov on Saturday March 17, 2018 @07:14PM (#16609561)

What does ownership mean in this context? There’s nothing that the friend can do with those tokens. Transferring them to someone else doesn’t make any sense either.

So how is having a useless token balance recorded on Ethereum any different from having one recorded on a Google Sheet?

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Re:Launch HN: Hexel (YC W18) – Create a cryptocurrency for y... by DpdC on Friday March 23, 2018 @11:17PM (#16664618)

Zasssssssssssss! In his mouth. You Win.

And your opinion is my opinion. It's not a good idea because it is not free.

You could create anything worthless that would mean "the token", and that would be enough.

You could use PGP keys if you want it to be private and to run.

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