100 years of whatever this will be

Re:100 years of whatever this will be by pjkundert on Thursday December 02, 2021 @05:09PM (#29423454)

A cryptocurrency that will continue to work reliably and without a bound on aggregate transaction rate in the face of network Partitioning is … a “shitcoin”?

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Re:100 years of whatever this will be by jazzyjackson on Thursday December 02, 2021 @07:29PM (#29425065)

Point is if you solved a problem, you can sell the solution for USD

Attaching a solution to a cryptocurrency comes off as just wanting to sell tokens, not sell the solution.

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Re:100 years of whatever this will be by beckman466 on Thursday December 02, 2021 @08:18PM (#29425451)

> Attaching a solution to a cryptocurrency comes off as just wanting to sell tokens, not sell the solution.

well yeah it's not ideal, yet the holochain foundation does all their work in the open and have to fund their development somehow (https://github.com/holochain/holochain). better doing an ethical ico-like crowdsourcing (based on a unit of computing power, like Airbnb but for processing power) than strapping into the chains of Venture Capital.

most important though is that the main framework created by the Holochain team is fully open source (linked above). so using the Holo host system is optional. it is meant as a way to enable easy onboarding of new users for new Holochain apps. Holo's distributed web of nodes help non-technical users use Holochain apps without being technically literate enough. so Holo users like my mom will be comfortable using Holochain apps that look like client-server apps, until we as a society transition to fully p2p apps, and the ecosystem as a whole matures to a point where we no longer need this 'bridge'.

also cool is that, inspired by LETS and similar systems, the holochain framework allows easy deployment of mutual credit currencies [1]. imo the most exciting implementation of this is the Resources Events Agents (REA) accounting by http://mikorizal.org led by, amongst others, two retired software engineers. you can check out their project http://valueflo.ws. there is another project not building on Holochain, but using the Valueflo.ws ontology/vocabulary called bonfire: https://github.com/bonfire-networks/bonfire_valueflows (main website: https://bonfirenetworks.org/)

anyways, before dismissing this project because of preconceived notions about the cryptocurrencies (which i agree are 99.999999% shitcoins), please read through their awesome developer docs: https://developer.holochain.org/

think of Holochain like a Ruby on Rails framework, but for distributed applications instead of client-server: https://medium.com/holochain/holochain-reinventing-applicati...

[1] https://medium.com/holochain/beyond-blockchain-simple-scalab...

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Re:100 years of whatever this will be by fwip on Thursday December 02, 2021 @11:44PM (#29426705)

There's no such thing as an ethical ICO.

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Re:100 years of whatever this will be by pjkundert on Saturday December 04, 2021 @05:32PM (#29444916)

Raising funds for an interesting project, from free agents willing to fund the project, is never ethical?

Are you certain of this?

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Re:100 years of whatever this will be by beckman466 on Friday December 03, 2021 @10:16AM (#29430942)

true. i wish they'd called it crowdfunding. they sold credits for a mutual credit currency that is very different to centrally issued credit.

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Re:100 years of whatever this will be by wyager on Friday December 03, 2021 @12:20AM (#29426870)

Is it a hosting marketplace or did they also secretly break the CAP theorem and forget to mention it on the front page?

Yes, it's a shitcoin. If I saw someone inventing a P2P hosting marketplace and not trying to pump a shitcoin on the side, I would take it more seriously.

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Re:100 years of whatever this will be by fwip on Thursday December 02, 2021 @11:43PM (#29426693)

Yes

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