You still don't seem to understand that using a proof of work based blockchain is horribly expensive. you need to solve the problem of how you are going to pay the huge cost of securing a chain. compared to that creating a chain is already trivial. there are in fact already so many chains around that if you need one for something you can just adopt it, the hard part is securing it.
Coloured coins are actually looking much better for every idiot to make up some worthless crap tokens with, since at least they can be secure.
-MarkM-
A system for creating secure tokens is valuable. Sure, many of the tokens created could become worthless but that's always the case for instance on today's stock markets for small companies. It's in the name of the game. The tricky part is picking the right stocks or being that one valuable company that actually delivers and provide valuable products or services that can be beneficial to others.
The fact that many high risk stock markets contain a large amount of soon-to-be worthless assets doesn't mean that the idea of the stock market itself is flawed. The service has to be there, there is a demand. There's something about it that appeals to investors and entrepreneurs alike.
How is coloured coins system coming along? From what I've understood it's not ready for active use yet.
Another thing, yes, I'm aware that there's a huge cost for securing a chain but I have a hunch that the Bitcoin system itself will be replaced eventually, perhaps soon. Think about it. The fundamental idea behind the Bitcoin software is already a few years old. Back then not too many developers were working on the code. Now, especially considering wordpress.com's recent announcement that they will accept bitcoins, the news are starting to spread to a huge amount of developers all around the world. You think none of them will come up with a better solution? The Bitcoin system demands too much resources. There could a better solution and maybe it's just a question of time before someone finds it.
The important thing is that Bitcoin has shown how valuable this type of product is (the crypto currency). Not Bitcoin itself, let's not cling to it too tightly.
I just want to make it easy for people to create their own blockchain. If securing it is too costly then I hope that the very skilled developers who are active within this community will find a way to make the process of securing it less costly.
There are already a dozen or more blockchains, so obviously some developers believe in the idea of a spectrum of blockchains. Others believe in the coloured coins concept. Let's see which one lasts.
I started up a couple of projects on GitHub pertaining to this matter:
https://github.com/Entrances
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