Then why does the "asset" require trust and the meta-coin is trustless?

I think they're the same in principle but with different functions.

This may be where the confusion is.

Answer this:

Doing it the way Jamaer suggests, would that allow 1,000 other people to also tag their assets onto iXcoin's blockchain for security, or not?

Cause that's what I'm sensing. Jamaer's solution sounds more secure in that there's some hard coded guarantee of say 21 million coins where with the asset solution some scammer can decide to print more "assets".

So then if this is the case, it's a choice between trustless security and free markets flexibility.  And I would choose free market flexibility - and basically become the ebay of crypto assets:  selling security space on the iXC BlockChain and letting the buyer buy the user "assets" which they choose to trust.


Edit:  Now I'm beginning to understand the meaning behind:  Internet eXchange Coin.

A crypto ASSET exchange market.