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Author Topic: Counterparty vs Open Assets vs Colored Coins. Which should we use?  (Read 1027 times)
menlatin (OP)
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June 01, 2015, 02:41:13 AM
Last edit: June 01, 2015, 03:47:59 AM by menlatin
 #1

I'm trying to decide which asset protocol I should implement for a coin and wondering what the community thinks of each and how they interact with PoS.

Thoughts?

Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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MicroGuy
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June 01, 2015, 03:35:27 AM
 #2

I'm trying to decide which asset protocol I should implement for a coin and wondering what the community thinks of each and how they interact with PoS.

Thoughts?

Neither. This is a time for consolidation. Take your skills and knowledge and integrate them into a presently living coin. Just because someone invented an air bag, we didn't suddenly have an "Air Bag" car, neither should we have a new coin each time an idea is manifest.

The world does not need another currency, the world just needs a currency that can live united, togetherness is where the power is stored.

menlatin (OP)
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June 01, 2015, 03:47:28 AM
 #3

I'm trying to decide which asset protocol I should implement for a coin and wondering what the community thinks of each and how they interact with PoS.

Thoughts?

Neither. This is a time for consolidation. Take your skills and knowledge and integrate them into a presently living coin. Just because someone invented an air bag, we didn't suddenly have an "Air Bag" car, neither should we have a new coin each time an idea is manifest.

The world does not need another currency, the world just needs a currency that can live united, togetherness is where the power is stored.



Who says we can't provide united and togetherness with an altcoin side chained to bitcoin and having its own asset protocol? I think this is the direction that things are going to have to go if we want truly global adoption and must be willing to accept all the applications that are possible.

Also, we are not building a new coin.

Nxtblg
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June 03, 2015, 04:00:44 PM
 #4

I'm trying to decide which asset protocol I should implement for a coin and wondering what the community thinks of each and how they interact with PoS.

Thoughts?

The Nxt system works - I've used it as both buyer and issuer: no problems.






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YarkoL
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June 03, 2015, 04:44:26 PM
 #5


Open Assets is a colored coin protocol, so there is
no vs. between them. Unless you mean implementing
your own colored coin protocol, but I think OAP would
work just fine for PoS or non-PoS.

“God does not play dice"
Daedelus
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June 07, 2015, 09:02:03 AM
 #6

I'm trying to decide which asset protocol I should implement for a coin and wondering what the community thinks of each and how they interact with PoS.

Thoughts?

What are your requirements for the coin? Is it just you need a decentralised register of owners or something more?
TruthBear
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June 07, 2015, 11:46:07 PM
 #7

NXT
box0214
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June 08, 2015, 02:39:37 AM
 #8

Just use NXT and use the monetary system feature to make a new coin.... easy as 123. Cool
K210
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June 09, 2015, 01:19:18 PM
 #9

the amount of NXT pushers on this forum is over 9000 Grin
Professor James Moriarty
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June 09, 2015, 01:29:57 PM
 #10

Open Assets seems to be the protocol of choice, that's what Overstock has chosen to go with.
Daedelus
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June 09, 2015, 04:54:34 PM
 #11

the amount of NXT pushers on this forum is over 9000 Grin

There is a reason  Cheesy Strange not to see Nxt in the comparison, if the OP had had a good look around.

I'm trying to decide which asset protocol I should implement for a coin and wondering what the community thinks of each and how they interact with PoS.

Thoughts?

What are your requirements for the coin? Is it just you need a decentralised register of owners or something more?

Bump.
Nxtblg
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June 09, 2015, 06:19:55 PM
 #12

the amount of NXT pushers on this forum is over 9000 Grin

Heh. Grin But if ye like, you can see those "pushers" as using this forum as a sandbox for outside evengelization. That's one advantage which the Big BTC had and has over all altcoins except for the mighty Doge: a swarm of tireless and enthusiastic - I dare say "brash" - evangelists to the outside world.






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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






YarkoL
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June 09, 2015, 06:57:14 PM
 #13


Heh. Grin But if ye like, you can see those "pushers" as using this forum as a sandbox for outside evengelization.

Thread hijacking becomes tiresome and I'd say counter-productive
after a while. To evangelize outsiders, maybe outside is the place
to be.


“God does not play dice"
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