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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: user_ on September 14, 2018, 09:18:40 AM



Title: Best chain for multiple tokens
Post by: user_ on September 14, 2018, 09:18:40 AM
Dear all,
Wanted to get your opinion about the best chain and technology, such as Ethereum or Waves for an application that will regularly create new tokens representing new assets.
For example a company wants to initially offer only one token, representing lets say an ounce of gold. Then, after some time, the company wants to offer another token, representing lets say an ounce of silver, etc.
A couple of requirements for the application:
1) The chain must be the same for the tokens, so that different tokens could be sent to the same address.
2) Tokens could be added and removed as time goes by.
If someone has experience with similar applications, I would appreciate if you could share some details.
Thank you,


Title: Re: Best chain for multiple tokens
Post by: NeuroticFish on September 14, 2018, 12:22:18 PM
2) Tokens could be added and removed as time goes by.

This sounds like a strange requirement to me. I mean.. the issuer gives the tokens to the partners and they have a meaning. Like the chips at the casino. Removing them would mean that suddenly certain chips at the casino have become void.

--
And the creation of tokens of the Waves network is very simple, iirc it can be done in-wallet, I don't know if you really need another application for that.


Title: Re: Best chain for multiple tokens
Post by: user_ on September 14, 2018, 04:53:11 PM
2) Tokens could be added and removed as time goes by.

This sounds like a strange requirement to me. I mean.. the issuer gives the tokens to the partners and they have a meaning. Like the chips at the casino. Removing them would mean that suddenly certain chips at the casino have become void.

--
And the creation of tokens of the Waves network is very simple, iirc it can be done in-wallet, I don't know if you really need another application for that.

Well, the idea was that if all the assets are distributed and exchanged back into tokens, and noone is interested into tokens any longer, the company might decide to abandon such a token. Stock repurchase and destruction equivalent, so to say.


Title: Re: Best chain for multiple tokens
Post by: BTCisAngelCoin on September 17, 2018, 10:08:52 AM
You can do these exact same work in a wallet too. And there is no requirement of a different app or there are no need of a separate function for it too. 


Title: Re: Best chain for multiple tokens
Post by: Exprow on September 17, 2018, 12:26:06 PM
There does not seem to be a requirement for a different application at all in terms of tokens. It can be treated the same way as a coin and the work can be done through a wallet even.


Title: Re: Best chain for multiple tokens
Post by: user_ on September 17, 2018, 12:54:52 PM
You can do these exact same work in a wallet too. And there is no requirement of a different app or there are no need of a separate function for it too. 

But how is it possible? What kind of wallet should I use for that? And can I issue new tokens with this specific wallet?