Quote from: adhitthana on February 25, 2017, 02:59:54 AM

Can we get some detail about this licence? Who issues it? What can be done?

More info is provided when we have stable AE and working 3rd HEAT markets and can both

1) Concentrate technical resources into bringing the blockchain EUR online
2) Leverage this feature in the marketing of HEAT, supposedly increasing interest and thus token price

Anything else, such as providing more info now when moneyflow in/out to HEAT isn't working properly, would be waste of ammo for which is big and unique in the crypto world. Arrangements and licenses have been in order since ICO and we're patiently not disclosing closer details still for a short while.

Quote from: gh2

Everyone should always be aware of fake assets on the AE. The only asset which currently can be trusted is the BTC/HEAT pair backed by the company Heat Ledger Ltd

Good advice, and otherwise true, however requiring some clarifications:

- there are assets, and there are markets
- BTC is an asset, HEAT is a special asset - as it's the native token of the HEAT wallet - both created and backed by Heat Ledger Ltd
- BTC/HEAT is a market for which both pricing currency (BTC) and asset (HEAT) are backed by Heat Ledger Ltd
- Any asset creator can create markets for any pricing currency. In such a case it may well be that the pricing currency gateway is backed by company, whereas the asset itself isn't, as is the case currently with some markets. In such circumstances the pricing currency gateway can be trusted whereas the asset gateway necessarily can't if you don't have more detailed information about the asset issuer.

A bit later we plan to include a certification procedure where we can verify the trustworthiness of the 3rd party asset issuers and their gateways, and grant them certified status. This is already available technically and we use it for assets backed by Heat Ledger Ltd. However verifying issuers manually and monitoring status as a certification authority is a resource intensive process, only becoming available when there's dedicated personnel employed for that specifically in the near future during the operation of Heat Decentralized Asset Exchange proper - as opposed to experimental Heat Decentralized Exchange pilot now.

Heat Ledger Ltd has reserved standard assets for major existing cryptocurrency tokens that were available on Jan 26th, and in the client we can additionally override any names already created, or choose which markets to display. Currently no limits are enforced and all created markets are displayed while tech is being deployed and updated often. This will change to better support Heat Ledger Ltd's business model (in wide context, including 3rd party exchangers and other asset issuers) when the experimental phase is concluded. Until that it's naturally buyer beware, and verify details before you dive in, as in all decentralized crypto.