Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments

Now on Byteball we can create our own tokens. Soon, an influx of new projects will begin that will be based on Byteball technological blockchain.

It is sad that byteball does not have an option to create collateralized tokens, i.e. such tokens which are backed by reserve in some other token. Combined with oracles, this could have very nice use cases.

Do you mean that can be used in ICO?

I am not sure how this could help with ICO, but for example insurance policy is essentially a collateralized asset, which can be represented with a token. There are other cools applications like market pegged assets (see bitshares), exchange tokens (see bancor), basket tokens etc.

Yes, really a very good proposal, I think in time someone will embody such an asset in life.