- The third phase of research revolving around BitCoin, which started this week, focuses on the validity and integration of the BlockChain of BitCoin. It's fair to say BitCoin, by itself, is nothing but an investment/savings account. The purpose of Bitcoin can only be achieved after forking the data and replicating the design into services. This will take some time, but by the end of this process, we will have a currency backed by Bitcoin - which makes it decentralized by default. We will have services based on a stabilized economy, using our MetaVerse design strategies for (sinks, power creep, etc). The 'Decay' feature shown in the most recent demo on our channel also counts as a design strategy for creating a stabilized -fair- economy. We are using React and MUI - which will allow us to focus more on feature implementation than on UI design. There are two MVPs in the making at the moment.
- On a side note:
- Unity also made some updates on its business model - If anyone is interested in the aftermath.
- In our previous article, we talked about the longevity of cryptocurrencies, and though we still hold firmly to most of our points, some of our opinions may change as further research and experimentation are made.