Quote from: ohad on August 29, 2015, 11:57:30 AM

Quote from: herkuljee on August 29, 2015, 11:49:46 AM

Quote from: ohad on August 29, 2015, 01:03:25 AM

Quote from: LOrrav on August 29, 2015, 12:39:44 AM

Quote from: ohad on August 28, 2015, 06:33:45 AM

Since after all one has to develop economical part over tau, using tau's unique features, we're going to do it as Agoras. And we do need to distribute the coins somehow, hence the presale.

Can you explain more about this? What can I do, in terms of interfacing with Tau, with Agoras? Is it just another cryptocurrency that is just built using Tau, or does it have some special status or feature within Tau Chain? Why would anyone want to own Agoras over another cryptocurrency within Tau, or outside of Tau for that matter?

Agoras is indeed "just another app" over tau. This is important to bear in mind. Everyone can create more currencies over tau, and tau doesn't have a coin as for itself.

But Agoras is of course far beyond a cryptocurrency. It will have markets for trading code for money in a totally secure and trustless way (as in Code and Money blogpost), allow renting computational power with or without verification of execution, renting professionals in video conference and micropayments, smart contracts, pay-for-proof wheter it's math homework or a program to write, decentralized intelligent search engine, and even more.

What makes people who trade code asking Agoras in return of their services? Same applies for the other suggested markets, what obliges people to start using Agoras? They could ask, accept and take e.g. BTC, fiat or some other app currency instead?

Is there strong enough incentive for early adaptors and early coders to start asking compensations and stick in Agoras and what is that incentive? How sure it is that Agoras will be accepted as the money over tau? If not so and theres no trading volume after IPO, price starts going down and coders easily abandon the Agoras ship

Accepting BTC or fiat for features elevating tau's unique properties (such as decidability and proofs over code) is of course impossible - such features are impossible to be implement over existing chains, even ethereum's.
As for the risk that someone else will write another and better Agoras, I think such risk exists in every project that comes to mind.

Maybe to phrase what he is asking differently: after various markets are created over Tau (Agoras that will require the Agora coin to use them)-- what stops one to create competing markets, also over tau (parallel to Agoras) with BTC, ETC, or any other crypto tools. Won't these have an advantage over the Agoras market? (an advantage in the sense that they'll utilize other coins without limits).

OR, even if the above is correct, is your intention with the Agoras to enable features that can utilize any coin but that like in ETHEREUM, will require Agoras an an underlying gas/fee/whatever for every transaction while also enabling them as a "classic coin" within that Inner world?