killerstorm



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LegendaryActivity: 1022Merit: 1000 Re: ChromaWallet (colored coins): issue and trade private currencies/stocks/bonds/.. May 28, 2014, 04:35:41 PM #495 Quote from: NanoAkron on May 28, 2014, 02:24:00 PM So it's Betamax vs. VHS all over again?

A year ago we decided that colored coins is the name of a concept, rather than a specific protocol. So many different protocols can exist.



It isn't necessarily a bad thing. Different protocols have different traits, and it is up to "the market" to decide which is the optimal one.



I expect that eventually one protocol will dominate, but we also can end up with different protocols being used for different things. It isn't a problem to implement several protocols in one wallet applications.



A year ago we decided that colored coins is the name of a concept, rather than a specific protocol. So many different protocols can exist.It isn't necessarily a bad thing. Different protocols have different traits, and it is up to "the market" to decide which is the optimal one.I expect that eventually one protocol will dominate, but we also can end up with different protocols being used for different things. It isn't a problem to implement several protocols in one wallet applications. Chromia : a better dapp platform