617d
617d
Just read it: "TRON also plans to offer rewards to users who seed torrents on BitTorrent after downloading files." Another competitor if TRX delivers, which is unlikely.
617d
The token seems fine for governance purposes. but a OP_RETURN token would be better.
616d
614d
Really exciting to see Joystream going forward but kind of disappointed they around using OP_RETURN for their funding token. Anybody knows why?
614d
They *are using.
613d
I don't know, but maybe they're waiting which option spreads in the future? Maybe we'll have OP_GROUP tokens in a future upgrade.
613d
AFAIC they are moving forward right now with ETH for their token
613d
But an ERC20 is just a temporal solution, nobody wanna deal with ETH fees...
612d
I agree but how easy it is to switch your tokens from ETH blockchain to BCH blockchain? Is it even feasible at all?
611d
I don't know exactly how they could perform the swap, they'll need to know every BCH and ETH address from every holder and issue a new token on BCH.
611d
Yeah ok that's what I thought.
600d
What can you do with JOY? it must be exchanged for another final token later? But then what do you do with that?
599d
599d
I think JOY tokens are intended for voting upon development, but the base currency for Joystream is BCH. I'm sure it will have more use cases but it's still too early to know.
599d
BTW, they just said that Wormhole protocol is very basic for the purposes, that's why JOY is a ERC20 token.
589d
According to an admin of TG group, they'll implement a way to discover torrents. I guess it will be decentralized to avoid legal troubles.
589d
Good news. Can't wait to see their next release!
482d
482d
Still missing lots of info. Now even sure if they will use BCH for seeding payments at long term.
481d
Yes they will.
463d
462d
It should be like popcorn time with payments. That would be awesome.
459d
Yeah can't wait for it to be fully functional.
407d
308d
Upfiring seems to be an alternative to Joystream and already delivering: https://upfiring.com/