Quote from: n00bnoxious on September 22, 2014, 11:09:07 AM

Quote from: simondlr on September 22, 2014, 10:09:53 AM

At the end of the day, to my mind Bitcoin makes the most sense. Less effort if people want to get in, and less effort if people want to get to fiat.

I hugely agree with the idea of going with some kind of token over a full blown coin. The amount of work just managing the most basic features of a cryptocoin is insane, and the time I feel is better spent developing the social features than constantly battling all the economic issues brought by PoW and PoS cryptos.

I'd urge going with Dogeparty or ClearingHouse as their block times are so significantly different to Bitcoin. I'm not certain of my reasoning, so it definitely warrants discussion, but I think a fast, sleek transactional system based around an issued token is a much much better idea to consider, and will free up developer time to work on the most important side of things - the social stuff. Not least of all because devs won't constantly have to be firefighting crypto douchebags trying to instamine or otherwise ruin an amazing venture.

I think of the two (XCH/XDP), XDP makes more social sense.... 24s vs 60s block times will make no real difference in the big scheme of things, and the social ethos of FUNK has very much been in keeping with the Doge mentality.

Very much on board Simon, good thinking. The tokens can be incentivised in so many ways, too - people can sell them for Doge, other assets... They can buy them to activate in-app features, to tip musicians... Nothing apart from some of our algo work will go to waste, and honestly that stuff was needlessly complicated and only being put in place to avoid nefarious instaminers... On top of that, probably wouldn't even work... We know how a large amount of this scene behaves by now.

Such sound! Very music!

I'm not familiar with clearinghouse, nor have I ever used dogeparty or counterparty, but I have heard of them. So I guess based on n00b's logic I'd lean towards dogeparty. Also, as groggin points out, fees would be massively lower.