Quote from: explainagainman on March 27, 2015, 05:26:45 PM

I think it's stupid and foolish to license out the Halo technology at this point. This will mean the death of Bitbay as it loses its exclusivity.

Here's what I suggest. Put all thoughts of licensing to the back of your mind now.

Build Bithalo. Make it awesome. Make it polish. Make it so that you get a 6 inch boner every time you think about it. Develop a reputation for being awesome. Make it a masterpiece.

Once everyone knows the beauty and power. The demand for their own version will be there. You can license then.

One thing at a time, David.

I understand your concerns on the matter, but you've got to remember one of the sole concepts of Bitbay - pegging!

I used to be a Bitcoin fan and a Blackcoin fan - yet they have no stability.
Blackcoin broke my heart. It's done nothing but drop in value ever since the pump took place. Every time I hoped that it had finally hit its bottom, it just kept going, no matter how sound the dev's are.

So the point being is that the crypto market is in dire need of a stable system. Sure, maybe one day Blackcoin will peg as well to maximize Blackhalo. But I don't see Bitcoin ever pegging nor do I see a potential DogeHalo'd coin ever pegging. Maybe it's because of my bias of POS vs's POW, but either way, if another coin screams for a halo system, then by all means let them pay for it. They are going to be so far behind that they will only have slim hope of succeeding.

Why would I commerce on a non-pegged coin in halo? If I want to buy a bar of gold on the bithalo marketplace, one day it might be worth 5 BTC's, yet if I waited a week it might be worth 3 BTC's.
Or if I want to buy my kid a Doge shirt on a potential Dogehalo'd marketplace for Christmas, without a pegged system, I might just be buying that shirt for 4 times the cost if I just waited 3 weeks. The whole instability structure is stupid!

This is where I'm so happy to have found Bitbay! It will be the first coin with an amazing halo client that will eventually be stable (pegged) and still decentralized. This will be the first of it's kind.

So I'm not worried if the inventor of Halo wishes to make licensing fees for his rock solid program. He's obviously proven (through all the FUD) over the last few months that he's here to stay!

I dare any halo'd coin to try and replicate this coin's current roadmap as that would mean to peg the system to a set price!

This very well could be the future that we've all been waiting for!

Can't wait to see where it leads Grin