One thing I need to clarify (similar with Ripple). If in the future, there are enough trust hops between nodes, then the currency won't even be required, right? Because the currency is just a way to hop between untrusted nodes?
Yep, that's right — certainly for the most popular currencies/issuers, in any case. I wouldn't be surprised if there's always a long tail of lower-traffic currencies which lean heavily on exchanging to stellar.
We also have to look at a future where an artist like Justin Bieber could put up a BTC address on his Twitter profile. Taking a cut means the artist has a small reason to not want to sign up ("they take 1%-2%. I'm better off just sticking a BTC address on my Facebook").
VRCoin. It's a blockchain that simultaneously doubles as storage for items a decentralized virtual space. You require the coin to store/remove items from the space [namecoin for coordinates essentially].
I think once VR takes off there's going to be a desire for a virtual world that's not owned by any one specific entity. The blockchain acts as decentralized storage as well as spam control, so people don't just place dicks everywhere (or rather it would be costly to do so).
VRCoin. It's a blockchain that simultaneously doubles as storage for items a decentralized virtual space. You require the coin to store/remove items from the space [namecoin for coordinates essentially].
I think once VR takes off there's going to be a desire for a virtual world that's not owned by any one specific entity. The blockchain acts as decentralized storage as well as spam control, so people don't just place dicks everywhere (or rather it would be costly to do so).
Once I realized how a VR headset working in AR mode could do away with my multiple monitor setup, I was overjoyed. Now the tech needs to catch up with the possibility.
You could do it that way. Inputs, Outputs and Signatures don't change though. So just keep track of that. With each confirmation the tx-id becomes less and less malleable. At some point then store the tx-id.
