Re: [ANN][KARM] Karma /₭/ NEW! X11 + Time Warp + More (pg.140) SIDECHAIN+ (pg. 143)
alphi.. you know i like you and all.. but do not compare karma with sat2 man.
as i mention before, but seems to have gone unseen. the answer to the mass coin solution is there. we just have to think outside the box.
perhaps a merged mining that would be equivalent to 1000 karma.
or as i mention before:POBi Proof of burn investing. invest in karma shares at x10 rate by burning your coins.
Perhaps the feature is not yet explored. Few months ago no one thought of sidechaining. maybe few months later a new feature will come out.
Here is my idea:
i for one would love a KarmaCloud. a coin that stores information. p2p chat, file sharing etc
I foresee cloud space will be the future demand. Expensive as land is now. Karmanians could donate cloud space to needed facilities around the world.
We can already see the ISP trying to capitalize in data. Radio /phone calling / txting / is already dying. Data transferring and the way they get transfer is the future.
it take no genius to understand that remote computers will be the future. no one will own a tower. soon they will only sign up in cloud space and virtually remote a computer to do stuff. this will make tablet to be futuristic. a flat panel with only minimal features like camera , wi-fi (or what ever technology will be in use few yrs form now) where all you do is remote connect to a very powerful computer. Hell i am remote controlling my comp and typing via my iphone as i type this.
Imagine now, karma wallets . connected to 1 millions users. 1 Million nodes. our own "networks towers"
To live up to our end Goals. we could support public facilites around the world by donating them space and cpu usage. all they will need is tablets and our network and they can access all the school info and the internet to search for material
We already have know the race to monopolize data has began. Just like fiat, we can avoid a lot of middle man benefiting by data usage
I agree Sat/Sat2 does not even compare to Karma.. I just used that example because it is the only coin that I know of that has done a reverse split and as we can see from the price.. it doesn't appear to have gone too well for them.
I believe Sat may end up getting delisted from Mintpal soon and so too might a couple more coins from the LTC market.. which means Karma only needs to stick around in order to benefit from the reduced selection of coins.
as far as the granularity issue of the BTC market is concerned.. its not really an issue because its only a couple of extra clicks to buy your Karm in the LTC market where it appears to have more volume anyways. I have no problem moving into and out of BTC/LTC/KARM
I agree with you that there are mountains of possibilities that we can use blockchain technology for. Some of those such as Messaging and File Sharing/Storage have projects already going on with their own blockchains (Bitmessage and Maidsafe).
when it comes to blockchain technology, DRM is one idea that I don't think anyone has touched yet as far as I know... another is P2P Secure Encrypted Skype style/Voice chat.
A P2P version of Twitter where you tweet by burning coins is another idea which may or may not be in development.
I would love to see Karma one day being used to buy and sell products similar to the Oxfam FairTrade program where people using Karma know that the profits from products they buy with KARM are going direct to producers or to support charity.