Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HZ] Horizon Long + Fair Distribution|Decentralized Asset Exchange
by
markm
on 25/11/2016, 22:29:41 UTC
I am still looking at whether HORIZON would work for any of the assets shown at http://galaxies.mygamesonline.org/digitalisassets.html

I have described before in this thread some aspects of my use-cases, here is some more...

Take a look at http://galaxies.mygamesonline.org/companies.html

It shows what various SHARES (as distinct from CURRENCIES) are valued at, based on what the assets of each company add up to given the supposed values of the assets that company holds.

I have chosen to display the value in dDVC (digiDeVCoins, that is, Open Transactions assets that represent actual DeVCoins) because typically devcoins are the lowest-valued coin we commonly use, thus provide the greatest "granularity" for expressing values.

Those values can be expressed in terms of other currencies and shares ("assets") by use of the conversion rates given in http://galaxies.mygamesonline.org/latestrates.inc

Obviously there are far from enough actual DeVCoins in existence to buy everything; the values in terms of DeVCoins are using DeVCoins as a "unit of account", not based on how many DeVCoins you could actually lay hands on at any given time. One of the uses of the Current Rates file is to figure out how much a given value of one thing would come out to if expressed in terms of another thing, so that for example if there are not enough DeVCoins on hand you could instead use some other coin, or some share, or some combination.

The conundrum is how best to integrate HORIZON into the family of assets shown at http://galaxies.mygamesonline.org/digitalisassets.html

Or actually I guess it is the other way around: how to integrate those assets into HORIZON...

Given that we use DeVCoins as a "unit of account" so much, maybe one of the first things we should do is to set up that open source HORIZON-based exchange thing I recall having looked into long ago, if it is working reliably yet? As I recall it was a system for setting up websites that provided gateways into and out of HORIZON whereby blockchain-based coins could be turned into HORIZON-ASSETS and vice-versa, to kind of make hzDVC tokens for example comparable to the dDVC tokens we use in Open Transactions to represent and deal with DeVCoins?

-MarkM-