Absolutely Liam!
I guess the a-ha moment came from better understanding the incentives of Nodes for keeping or pruning ZSOs-- similar to the dynamic in OP_FALSE+RETURN. Thus, ZSOs most likely will not be used for the purposes which from my view give BSV its value/price.
On the even MORE positive side, ZSOs may have great purpose for ephemeral purposes; such as, they could be used for computing-on-chain. Running computational functions, looping, inner-paymentChannel messaging, the things your CPU might do. See "EC2" circa the beginning of Amazon Web Services. By "ephemeral" I mean "use once & discard". Perhaps a first-try analogy would be the use of disposable utensils, which doesn't mean you throw away your silverware. In this analogy, silveware is "sat-ful" data transactions, and plasticware is ZSOs.
For the purposes of what I think gives BSV coins their value (price per coin), I don't think ZSOs will do well. This means transactions involving >0 satoshis will be in demand in the future-- NOT just for monetary exchange, but as information (with value-adding cash-flows attached).
www.SLictionary.com probably won't have use for ZSOs (not for a LONG time anyway!), but we will eventually use "sat-ful" UTXOs to store profitable definitions. It's a product we'll name "WordEnsure". WordEnsure will act like Lloyd's of London insurance for profitable definitions. If you had a definition (which took you < 5 minutes to create-- see our new and improved smithing-page which makes defining faster and clearer process...
<a href='https://www.slictionary.com/createword/@/@/@'>https://www.slictionary.com/createword/@/@/@</a> ) making money for you annually, that definition is a mini-business you'd want to protect. Maybe your picture is original art by you, as is the phraseology of your definition, and you want to protect that IP from others. You could push it into the blockchain using WordEnsure, and thus maintain your OWN copy of your creation. We will put this on a sat-ful token or coin, and for more reasons than one.
There is an even BIGGER "a-ha moment" for what data-on-chain will mean for the "MetaNet" vs the current internet. Let's just say Google will not likely be the ultimate search engine during the 2nd half of your children's lifetime, and I don't just mean bc the time-costly, annoying advertising can be chucked in favor of microtransactions. (that we can all see).
I mean it in a much more important way that maybe only<a class="mention" href="/@coingeek">@coingeek</a> 's Charles Miller has defined (wink).
More on this last topic later: future article, video ( <a href='https://streamanity.com/ditr@moneybutton.com'>https://streamanity.com/ditr@moneybutton.com</a> ), or better yet www.SLictionary.com updates which let you really SEE the results of this vision.
Absolutely Liam!
I guess the a-ha moment came from better understanding the incentives of Nodes for keeping or pruning ZSOs-- similar to the dynamic in OP_FALSE+RETURN. Thus, ZSOs most likely will not be used for the purposes which from my view give BSV its value/price.
On the even MORE positive side, ZSOs may have great purpose for ephemeral purposes; such as, they could be used for computing-on-chain. Running computational functions, looping, inner-paymentChannel messaging, the things your CPU might do. See "EC2" circa the beginning of Amazon Web Services. By "ephemeral" I mean "use once & discard". Perhaps a first-try analogy would be the use of disposable utensils, which doesn't mean you throw away your silverware. In this analogy, silveware is "sat-ful" data transactions, and plasticware is ZSOs.
For the purposes of what I think gives BSV coins their value (price per coin), I don't think ZSOs will do well. This means transactions involving >0 satoshis will be in demand in the future-- NOT just for monetary exchange, but as information (with value-adding cash-flows attached).
www.SLictionary.com probably won't have use for ZSOs (not for a LONG time anyway!), but we will eventually use "sat-ful" UTXOs to store profitable definitions. It's a product we'll name "WordEnsure". WordEnsure will act like Lloyd's of London insurance for profitable definitions. If you had a definition (which took you < 5 minutes to create-- see our new and improved smithing-page which makes defining faster and clearer process...
<a href='https://www.slictionary.com/createword/@/@/@'>https://www.slictionary.com/createword/@/@/@</a> ) making money for you annually, that definition is a mini-business you'd want to protect. Maybe your picture is original art by you, as is the phraseology of your definition, and you want to protect that IP from others. You could push it into the blockchain using WordEnsure, and thus maintain your OWN copy of your creation. We will put this on a sat-ful token or coin, and for more reasons than one.
There is an even BIGGER "a-ha moment" for what data-on-chain will mean for the "MetaNet" vs the current internet. Let's just say Google will not likely be the ultimate search engine during the 2nd half of your children's lifetime, and I don't just mean bc the time-costly, annoying advertising can be chucked in favor of microtransactions. (that we can all see).
I mean it in a much more important way that maybe only<a class="mention" href="/@coingeek">@coingeek</a> 's Charles Miller has defined (wink).
More on this last topic later: future article, video ( <a href='https://streamanity.com/ditr@moneybutton.com'>https://streamanity.com/ditr@moneybutton.com</a> ), or better yet www.SLictionary.com updates which let you really SEE the results of this vision.