Truthcoin-on-BTC site: https://bitcoinhivemind.com
Quote from: alexkravets on July 26, 2014, 10:59:30 AMFor the concept to reach scale, a good UI and lots of other minutia will be required, that doesn't seem to be the TruthCoin creator's forte :-)This necessitates that a real dev. team (starting with a C++ guy to help create a foundation based on the Bitshares toolkit) followed by entire start-up's worth of other people hired eventually.The model to emulate as an example of success would be Ripple Labs behind Ripple.
Quote from: alexkravets on July 26, 2014, 10:59:30 AMDoing a real start-up of course requires an economic model to incentivize investors to come out of the woodwork to fund it (I could join in :-)So what would be an "incentive-compatible" economic model for TruthDAC ?
Quote from: psztorc on July 26, 2014, 01:43:14 PMWe also know that "Bitcoin Core" already works with all Bitcoin merchants, the entire Bitcoin community, and all developed Bitcoin software!That's a lot of reasons to just modify the existing Bitcoin software, don't you think?
Quote from: psztorc on July 26, 2014, 01:01:39 PMThe network effect is the singularly most important implementation detail. I'd rather own 2% of something important than 50% of something useless.