this post was submitted on 24 Oct 2024
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Ask Solarpunk

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submitted 15 hours ago* (last edited 14 hours ago) by Petros to c/asksolarpunk
 

We need altcoins as long as we interact economically over the net, with people we do not know (or simply with people outside our local communities). If we try to imagine what qualities a "solarpunk coin" should have, what are your thoughts? Do we know any existing coin, checking all boxes? This question is more about political economy of Solarpunk, then its technology.

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[–] ex_06 2 points 10 hours ago* (last edited 10 hours ago) (1 children)

I don’t like the idea of a single coin

But one coin generated for hosting a platform, one coin for piracy, one coin for cooperatives etc seems the way to go

Oh right, also one coin for UBI

As per now, I struggle in imagining a layer one chain to support all of these. Probably it would make more sense to stay on eth and eventually move? I’m not sure.

[–] Petros 1 points 10 hours ago* (last edited 10 hours ago) (2 children)

So, do I understand you correctly that we are talking about several "tokens" based on the same chain? I know there are some open chain frameworks (ETH is waaay too capitalist for my liking) that could be utilised - after diligent scrutiny.

Meanwhile, in another subthread, we got to (probably central) question, whether basic risks: double-spending and forgery, could be addressed without blockchain, in a publicly transparent and verifiable way.

[–] poVoq 3 points 10 hours ago (1 children)

Blockchain is just another name for a public (distributed/shared) ledger. Due to scaling and privacy issues of that, this method is inherently unsuited for direct payment use, but it could be useful for an inter-bank exchange market of local currencies.

[–] Petros 2 points 9 hours ago

...which is ideally / eventually the usecase for the coin I am thinking about.

[–] ex_06 1 points 8 hours ago* (last edited 8 hours ago)

honestly i'm not sure myself if different tokens on same ledger is better than different tokens on different ledger for what i think...

Because, for example, not every pirate is also solarpunk. Not every archivist is solarpunk. Not every anything common based is solarpunk. They may want to contribute to the pirate sphere with this economic incentive but we still couldn't completely onboard them on a solarpunk platform (centralized or decentralized ledger whatever)