Hi, just looking for a better understanding of how any Cryptocurrencies created on Holochain would look and behave.
From what I understand the requirements are the owners of said currencies are required to hold their private keys. (That’s about all I know )
But what I am trying to understand is what are the main selling points and advantages of a crypto created on Holochain?
So i will put some questions below, and if anyone can expand on them it would be appreciated.
Would every Crypto on Holochain be created as a hApp?
What are the benefits of doing so?
What if any would be centralization constraints?
Is it more suitable for an ICO or for a functioning cryptocurrency?
Would each currency have its own block explorer created on the hApp?
Would the creator have the option of making it completely private?
Is it possible for the creator to allow the currency holders to be auto-designated as hosts?
What are the methods for dealing with centralization for creator, would that need to be written into the hApp and if so what could that likely be?
Could a USD stable coin be created on Holochain, and if yes how would that interact with exchanges?
Could Holofuel be cloned to create a similar version of XRP?
Is every Crypto created on Holochain a clone of Holofuel or not necessarily?
Apart from KYC, what is in place is to protect end users for crypto created on Holochain?
If an exchange listed HoloFuel and I swapped BTC for Holofuel that would show up on the Blockchain but would it also be displayed somewhere on the HoloFuel or Holo hApp?
If there was say 10 current Cryptocurrencies running on Holochain, would the supplies of each and explorers of each be public or is that up to the creator?
Would crypto created on Holochain have the same send/receive (agreement )requirements in place for Holofuel or would that be optional to the creator?
Would any Cryptocurrency created on Holo have the same speed TPS as HoloFuel?
If I am the owner of a large mutliplayer gaming company could i create my internal currency using Holochain and keep it totally private and have it shown in game as say “gold” or “unicorns” or any other name? Would this also be a clone of Holofuel or not necessarily?
Could a Proof of Stake crypto be created on Holochain?
Could any other “Proof of” crypto be created, like proof of attention, proof of online etc?
Would every currency created on Holochain be it traditional crypto style currency with its own coins or tokens, or an internal payment system for a gaming site etc, all be classed as a cryptocurrency or as a digital asset?
Could a crypto be created that pays for proof of hosting? By that I mean, if I am hosting my currency creators app on Holo Host and I am being paid for it in Holofuel through whatever the default payment system is place, could that crypto creator also pay me in the currency of the crypto itself as an added incentive? Similarly could an a crypto exchange that I am doing shared hosting for also offer discounted fees to my trades automatically if I am also hosting it or other conditions are met?
Please add your own to this if you also have some.