From jamesd@echeque.com Fri Jul 6 02:31:05 2018 From: "James A. Donald" To: cypherpunks-legacy@lists.cpunks.org Subject: Re: [tahoe-dev] Resurrecting Mojo Nation Date: Fri, 06 Jul 2018 02:31:05 +0000 Message-ID: <172289272987.3881296.11600940143707667361.generated@mail.pglaf.org> MIME-Version: 1.0 Content-Type: multipart/mixed; boundary="===============5537121181550098914==" --===============5537121181550098914== Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: 7bit On 2012-06-12 11:04 AM, Jack Byer wrote: > (This is a cross-post from: https://bitcointalk.org/index.php?topic=86384) > > > > A market mechanism for buying and selling hard drive space would look > a lot like the commodity markets. If you express a contract in a > standard form they can be traded on an exchange to achieve price > discovery. The following is not a complete specification but just an > example of how such a system might work. Price discovery, when done by human agents, is expensive. The stock exchange and its traders have a lot of overheads. One explanation for the failure of Mojo Nation was that people would not take the time to do price discovery for micro transactions. Not that I know why Mojo Nation failed. I have not seen a post mortem from anyone knowledgeable. _______________________________________________ tahoe-dev mailing list tahoe-dev(a)tahoe-lafs.org https://tahoe-lafs.org/cgi-bin/mailman/listinfo/tahoe-dev ----- End forwarded message ----- -- Eugen* Leitl leitl http://leitl.org ______________________________________________________________ ICBM: 48.07100, 11.36820 http://www.ativel.com http://postbiota.org 8B29F6BE: 099D 78BA 2FD3 B014 B08A 7779 75B0 2443 8B29 F6BE --===============5537121181550098914==--