Quote from: jlp on October 27, 2017, 01:07:48 AM

Quote from: reidpeter on October 27, 2017, 12:55:19 AM

Quote from: jlp on October 27, 2017, 12:33:49 AM

Bitcoin's blockchain is 100GB and is having scaling problems.

Ethereum's blockchain is 200GB and is having scaling problems.

Is ARToken going to put 3D or VR data on the blockchain? If so, isn't that going to be hundreds of Terabytes of data? How do they plan to scale this?

https://bitcointalk.org/index.php?topic=2243157

Thank you for your question - the 3D, AR and VR content will be stored in another distributed network architecture but not a blockChain.

Then what's the purpose of your blockchain? Why not use any existing blockchain or currency?

The decision to engage in the mechanism of a BlockChain and token crowdsale was made after much consideration and an appreciation of the Cappasity long term Goals and strategy. Cappasity believe content will drive the mass market adoption of this revolutionary technology. The examples of FaceBook et al has taught us content delivered to a platform, by the user base, is a very value giving model. Creating lasting value has also ascribed consideration to our family of contributors as creating a platform and ecosystem of lasting value requires use and support of the 3D community. A BlockChain describes an immutable and transparent ledger. Contracts and utility tokes will assign provenance and interactions to the elements of the commercialisation of the ecosystem. Cappasity believe having control of their own digital currency is important also as they believe value appreciation to be immense, going forward and correctly want to control the liquidity of their platform and ecosystem.

The use of BlockChain is by choice. We believe a decentralised trustless ledger with an inherent immutability makes sense for almost all things so we believe it is a good use here. There is also the question of cost saving with a decentralised ledger as legacy systems are built on trust and therefore have plethora of oversight costs built in for the system to operate as designed.

The model of a BlockChain and utility token makes sense also for the building out of the 3D marketplace. There is already substantial development value in the production capability of the Cappasity platform today. The Crowdsale will fund the building of the marketplace ecosystem and will capture and commercialise everything that comes after that. This is a nascent industry, developing a Token, specific to trade in its growing value just makes sense! This, we believe, represents as stronger case as any, for the issuance of a utility token and the use of a BlockChain.