New Tokens on SAFE

[intrz]

@maxweng

Don’t know if this has been discussed somewhere else, but I’m wondering if there’s any guideline about how to issue a new token for a DApp on top of the SAFENet?

Not sure yet what would be the best way, but there are some discussions in these threads

Parameters for a specific type_tag of structured data

I’m probably in way over my head here, but having dug in for Class research, I’m starting to think from an App Dev’s perspective (a little ) i.e., what can be done with structured data. But without the ability to dig in to the code or other deep materials to figure it out, maybe others can help me over the hurdle. The scene is this. Say I want to create a token which represents voting shares in some enterprise. I want that token to have specific attributes that are different from any ot…

How transactions (could) take place using Decorum

@Seneca shared his Amsterdam presentation a few days ago. It’s called: “ALT-COINS ON SAFE - Using obfuscated transaction trees”. Now I don’t know about you, but I really bugged my head on this one . That’s why I decided to troll @Seneca with PMs until I finally understood his idea and the reason why it prevents double spending. I’ll use this topic to explain it as best as I can in my own words using both Alice and Bob and maybe some others. Let’s keep this topic about the inner workings o…

Are Alt-Safecoins possible without core module modification?

As I understand it, Altcoins will be possible – But out of the box - SAFEcoin cannot be used as a “colored coin” that is as secure as regular safecoin… Although it may be possible to do… See David’s comment here: BenMS’s brainstorms below that in the thread may provide more insight as well.

Reserveable types

tldr; it would be great to have a way to create user generated tokens with an optionally capped supply, where the user originally making the token is the only one who can create new tokens, unless the cap is reached or ownership is transferred. If I understand correctly safecoin can only be created by the network and not users because it is a reserved type. If a user could create an entity with safecoin’s type, they could create new coins out of thin air. Perhaps reserved types could be opened…

Practicality and uses of Micro-currencies on SAFE

Continuing the discussion from Dealing with copied content: Figured this was getting slightly off topic so I would move it here… Folks who submit good content could be rewarded in micro-currencies Comments could require deposit… Upvotes generate refund, Down-votes send the deposit elsewhere — All kinds of forums and communities could be formed that auto-moderate due to “points systems” Seems like this is a perfect fit for SAFE as currency is a built in feature with structured data…

Custom digital tokens

I was wondering what the technical restrictions/difficulties on implementing custom tokens will be at launch? With that I don’t mean a new general crypto-currency, but I would like to create certain digital tokens to be used in a service I intend to provide. The goal is to have these tokens as actual property of the owners, so they can transfer them to others without the service acting as an exchange that handles the trade. The main reason for this is to absolve the service from legal responsibi…

Will the safe network support the idea of custom tokens?

This might be a really dumb question but will we be able to do custom tokens on the safe network with the same transaction efficiency as safe coins themselves should be able to have? I know safe is NOT a blockchain like tech so we won’t get the history of the transactions but will custom tokens/coins be possible? How will/can the total number of safecoins in circulation be known? Can we query the network for info like that? Can we query the network for unique assets and know that they exist and…

https://safe.exchange/t/sd-structured-data-shares/104

Decoin - Implementing a cryptocurrency as a SAFE app

EDIT: Simplified the algorithm. This thread is about examining the possibility of developing a cryptocurrency as a SAFE app. The idea is to have a decentralized coin called decoin managed by a single app. Decoins are mined by hashing a code of a fixed length of 8 bytes. A Rule 30 hash function is used to produce 256 bit hashes. EDIT: The difficulty is set to 2 leading zero bytes. Each coin has the value 1 decoin (D1). [spoiler] The minimum difficulty is set to a number of leading zero bytes of…