Jan 8 • Q&A
Lowest Cost an L3-Coin
Hi, it´s me again
Let´s say you want to establish a coin for a city district.
There is the cost of
-a public leger
-having it on an exchange
-the actual mining
Something else?
It would have to build on a blockchain. How to word that? Public leger seems enough to me.
A more important question would be;
What is the cheapest coin to base geographic coins, or ... a community/business/project coin off of?
This seems to be the major competition at present, and;
The point would be to have
-a public leger
-surety that there is no "fungeness" ~ no undue inflation
-swift transactions
-a coin tied to a stable, real-world asset (?)
If it´s not tied to anything familiar, that would make it _seem_ easy to manipulate.
How to ensure that (customer) trust - of being stable, and how to communicate that stability if there is not a coin that is "as good as gold" in people´s minds - I´m sure most people would think of gold immediately, and not a crypto coin.
The baseline is, with these challenges in mind, what would be the lowest cost of an L3-coin?
I read about Ethena, a contender for "Internet-money". In 5 years, we _will_ have something like that, right (?), but what would be the cost?
Yours truly
3
8 comments
Lowest Cost an L3-Coin
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