I would rather see an actual, functional product take off (even without miners). The resistance to Ripple just enables an endless series of me-too fundraisers.
The ethereum proposal is the most technical yet. Hopefully it sets a new minimum bar in the market for crowd-funded vaporware (I'm highly skeptical of them all).
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Ripple is also working on the same thing and is supposedly releasing them "soon": https://ripple.com/wiki/Contracts
Unfortunately, Ripple is a worst-case example of pre-mining. I would really hate to see it take off.
I would rather see an actual, functional product take off (even without miners). The resistance to Ripple just enables an endless series of me-too fundraisers.
The ethereum proposal is the most technical yet. Hopefully it sets a new minimum bar in the market for crowd-funded vaporware (I'm highly skeptical of them all).
Fair enough, although their technology can be appreciated separately from the pre-mine. Anyone can fork it and do a purely mined version.