Post
Topic
Board Announcements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
Cablez
on 17/03/2015, 13:32:53 UTC
However, there was substantial concern about having two non-fungible tokens causing user confusion (imagine if someone purchased an Omni Factoid on an exchange and tried to withdraw it to their Counter Wallet, or vice-versa…. eek! Think of the users!). 

The solution was to go the Ethereum-style route (and actually use the Ethereum crowdsale code) to generate new wallets of factoids that would work on the Factom network directly.  No proxy token.  Everyone was in favor of this option.


These statements right here do not bode well for omni/counterparty etc.

Why would any project need a secondary token for funding anymore?  I hope you guys are good at pivoting.   Wink