https://blog.p2pfoundation.net/thinking-outside-the-blocks-what-would-a-co-op-coin-ico-look-like/2018/02/05 Researching, documenting and promoting peer to peer practices Thu, 15 Feb 2018 10:00:33 +0000 hourly 1 https://wordpress.org/?v=5.5.15 https://blog.p2pfoundation.net/thinking-outside-the-blocks-what-would-a-co-op-coin-ico-look-like/2018/02/05/comment-page-1#comment-1586779 Thu, 15 Feb 2018 10:00:33 +0000 https://blog.p2pfoundation.net/?p=69526#comment-1586779 Hi Mark,
Honestly I’m not sure I know enough about DAG to comment. I’m skeptical of things claiming to have “zero” transaction fees – they must be financed in some other way as every transaction has an inherent cost in terms of computing resource. No mining sounds like a step forward, which leads on to the need to find viable ways to distribute… simply giving coins away to first movers / earners is ok, but systems which encourage the growth and development of the commons will always be better imho (by championing the commoner over the mythical ‘homo-economicus’ bred by neoliberalism).
I haven’t understood how DAG / IOTA or others are less susceptible to speculation. Can you elaborate or point us to some links? Thanks.

]]> https://blog.p2pfoundation.net/thinking-outside-the-blocks-what-would-a-co-op-coin-ico-look-like/2018/02/05/comment-page-1#comment-1586756 Wed, 14 Feb 2018 17:51:29 +0000 https://blog.p2pfoundation.net/?p=69526#comment-1586756 Why do you not mention directed analytic graph alternatives to blockchain employed in the IoTa coin? Do you believe DAG based coins are inferior to blockchain based coins? Though I am not a cryptographer or coin expert, the lower transaction cost and increased scalability without mining offers a good approach to a currency that offers high value as a means of exchange while being less susceptible to speculation as a store of value.

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