Kindelia: A minimal peer-to-peer computer that isn't a cryptocurrency

by yewenjie • 4 years ago

20 2 4 years ago

This is interesting. It's "not a cryptocurrency" in the sense that the network doesn't have an official token for paying transaction fees. My understanding is that users would still pay fees to make transactions, they can just pay those fees however they want (assuming other tokens of value are supported on the network).

There is still a cryptocurrency that produced for a block reward, used to incentivize proof of work consensus (it's not clear to me why proof of stake wouldn't be possible since there is a limited supply of this reward token), so it seems dishonest to claim Kindelia is a p2p computer that "isn't a cryptocurrency"

ddrdrck_• 4 years ago

Reading the white paper, and looking at their other projects (HVM and Kind), I have the feeling they successfully implemented what Urbit [0] tried to do, but in an elegant and efficient way, instead of going the convoluted and obfuscated route ...

Also the last chapters of their white book are interesting reads for anyone interested in blockchain and cryptocurrencies

[0] https://urbit.org/

Kindelia: A minimal peer-to-peer computer that isn't a cryptocurrency

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