this post was submitted on 24 Oct 2024
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Ask Solarpunk

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submitted 1 month ago* (last edited 1 month 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 1 month ago* (last edited 1 month ago) (4 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 1 month ago* (last edited 1 month ago) (3 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 4 points 1 month 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 1 month ago

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

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